Policy Research Working Paper Series

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1726: Roads, population pressures, and deforestation in Thailand, 1976-89

Maureen Cropper, Charles Griffiths and Muthukumara Mani

1725: Access to long term debt and effects of firm's performance: lessons from Ecudaor

Fabio Schiantarelli

1724: Debt maturity and firm performance: a panel study of Indian companies

Fabio Schiantarelli and Vivek Srivastava

1723: The productivity effects of decentralized reforms - an analysis of the Chinese industrial reforms

Lixin Xu

1722: Uncertainty, instability, and irreversible investment: theory, evidence, and lessons for Africa

Luis Servén

1721: EU (European Union) accession of central and eastern Europe: bridging the income gap

Luca Barbone and Juan Zalduendo

1720: The distribution of foreign direct investment in China

Harry G. Broadman and Xiaolun Sun

1719: Shifting responsibility for social services as enterprises privatize in Belarus

David Sewell

1718: Does environmental regulation matter? Determinants of the location of new manufacturing plants in India in 1994

Muthukumara Mani, Sheoli Pargal and Mainul Huq

1717: Do labor market regulations affect labor earnings in Ecuador?

Donna MacIsaac and Martin Rama

1716: Reforming pensions in Zambia: an analysis of existing schemes and options for reform

Monika Queisser, Clive Bailey and John Woodall

1715: The evolution of poverty and welfare in Nigeria, 1985-92

Sudharshan Canagarajan, John Ngwafon and Saji Thomas

1714: Fiscal federalism in Bosnia-Herzegovina: The Dayton challenge

William Fox

1713: Why did Colombian private savings decline in the early 1990s?

Alejandro Lopez

1712: Demand elasticities in international trade: are they really low?

Shekhar Shah, Deepak Mishra and Arvind Panagariya

1711: Issues in comparing poverty trends over time in Cote de'Ivoire

Jones, Christine*Xiao Ye

1710: Why paper mills clean up: determinants of pollution abatement in four Asian countries

Hartman, Raymond S.*Huq, Mainul*Wheeler,David R.

1709: Poverty comparisons with non-compatible data: theory and illustrations

Jean Lanjouw and Peter Lanjouw

1708: Has Latin America's post-reform growth been disappointing?

Easterly, William*Loayza, Norman*Montiel, Peter

1707: Trade reorientation and productivity growth in Bulgarian enterprises

Simeon Djankov and Bernard Hoekman

1706: Monetary policy during transition: an overview

Martha De Melo and Cevdet Denizer

1705: The Polish experience with bank and enterprise restructuring

Montes-Negret, Fernando and Luca Papi

1704: Citizen complaints as environmental indicators: evidence from China

Susmita Dasgupta and David Wheeler

1703: Population aging and financing of government liabilities in New Zealand

Hana Polackova

1702: Inflation in nontradables and the macroeconomic policy mix: a model with policy application to transition economies

Hana Polackova

1701: Monitoring environmental standards: do local conditions matter?

Catherine Dion, Paul Lanoie and Benoit Laplante

1700: Child nutrition, child health, and school enrollment: a longitudinal analysis

Harold Alderman, Jere Behrman, Victor Lavy and Rekha Menon

1699: The maturity structure of debt: determinants and effects on firms'performance - evidence from the United Kingdom and Italy

Fabio Schiantarelli and Alessandro Sembenelli

1698: Regulatory structure and risk and infrastructure firms: an international comparison

Ian Alexander, Colin Mayer and Helen Weeds

1697: Strategies to develop mortgage markets in transition economies

Dwight M. Jaffee and Bertrand Renaud

1696: South-North migration and trade: a survey

Maurice Schiff

1695: Are there dynamic gains from a poor-area development program?

Jyotsna Jalan and Martin Ravallion

1694: What can new survey data tell us about recent changes in distribution and poverty?

Martin Ravallion and Shaohua Chen

1693: Famines and economics

Martin Ravallion

1692: Regulating market risk in banks: a comparison of alternative regulatory regimes

Constantinos Stephanou

1691: Integrating the unofficial economy into the dynamics of post-socialist economies: a framework of analysis and evidence

Daniel Kaufmann and Aleksander Kaliberda

1690: Stock markets, banks, and economic growth

Ross Levine and Sara Zervos

1689: Is economic analysis of projects still useful?

Pedro Belli

1688: Risk, taxpayers, and the role of government in project finance

Michael Klein

1687: Regionalism versus multilateralism

L. Winters

1686: Institutions, financial markets, and firms'choice of debt maturity

Asli Demirguc-Kunt and Vojislav Maksimovic

1685: Macroeconomic crises and poverty monitoring: a case study for India

Gaurav Datt and Martin Ravallion

1684: The whys and why nots of export taxation

Shantayanan Devarajan, Delfin Go, Maurice Schiff and Suthiwart-Narueput, Sethaput

1683: High real interest rates, guarantor risk, and bank recapitalizations

Philip L. Brock

1682: Is the"Japan Problem"real? How problems in Japan's financial sector could affect developing regions

Shigeru Otsubo*Masahiko Tsutsumi

1681: India in the global economy

Milan Brahmbhatt, T.G. Srinivasan and Kim Murrell

1680: Brazil's efficient payment system: a legacy of high inflation

Robert Listfield and Montes-Negret, Fernando

1679: Trade and the accumulation and diffusion of knowledge

Pier Carlo Padoan

1678: Financial development and economic growth: views and agenda

Ross Levine

1677: Reforming Indonesia's pension system

Chad Leechor

1676: The evolution of payments in Europe, Japan, and the U.S.: lessons for emerging market economies

David B. Humphrey, Sato Setsuya, Tsurumi Masayoshi and Jukka M. Vesala

1675: Nations, conglomerates, and empires: the tradeoff between income and sovereignty

Branko Milanovic

1674: How can China provide income security for its rapidly aging population?

Friedman, Barry*James, Estelle*Kane, Cheikh*Quei

1673: Indonesian labor legislation in a comparative perspective: a study of six APEC countries

Reema Nayar

1672: Controlling industrial pollution: a new paradigm

Shakeb Afsah, Benoit Laplante and David Wheeler

1671: Financial constraints, uses of funds, and firm growth: an international comparison

Asli Demirguc-Kunt and Vojislav Maksimovic

1670: Assessing the welfare impacts of public spending

Dominique van de Walle

1669: International capital flows: do short-term investment and direct investment differ?

Punam Chuhan, Perez-Quiros, Gabriel and Helen Popper

1668: Small is beautiful: preferential trade agreements and the impact of country size, market share, efficiency, and trade policy

Maurice Schiff

1667: Dealing with commodity price uncertainty

Panos Varangis and Donald Larson

1666: Is growth in Bangladesh's rice production sustainable?

John Baffes

1665: How important are labor markets to the welfare of the poor in Indonesia?

Andrew D. Mason and Jacqueline Baptist

1664: Pensions in Germany

Monika Queisser

1663: Internal finance and investment: another look

Cherian Samuel

1662: From learning to partnership: multinational research and development cooperation in developing countries

Giorgio Barba Navaretti and Carlo Carraro

1661: Determinants of public expenditure on infrastructure: transportation and communication

Randolph, Susan*Bogetic, Zeljko*Hefley, Dennis

1660: Mind your P's and Q's: the cost of public investment is not the value of public capital

Lant Pritchett

1659: Unemployment insurance in Algeria: implications for a labor market in transition

Elizabeth Ruppert

1658: Decentralized structures for providing roads: a cross-country comparison

Frannie Humplick and Moini-Araghi, Azadeh

1657: Is there an optimal structure for decentralized provision of roads?

Frannie Humplick and Moini-Araghi, Azadeh

1656: The investment decision: a re-examination of competing theories using panel data

Cherian Samuel

1655: Uncertainty and the price for crude oil reserves

Timothy J. Considine and Donald Larson

1654: Indonesia's palm oil subsector

Donald Larson

1653: Grants and debt forgiveness in Africa: a descriptive analysis

Leonardo Hernandez and Saori N. Katada

1652: Intra-industry trade, foreign direct investment, and the reorientation of Eastern European exports

Bernard Hoekman and Simeon Djankov

1651: Bank-led restructuring in Poland: bankruptcy and its alternatives

Cheryl W. Gray and Arnold Holle

1650: Bank-led restructuring in Poland: an empirical look at the bank conciliation process

Cheryl W. Gray and Arnold Holle

1649: Economic regulation of water companies

Michael Klein

1648: The lender of last resort function under a currency board: the case of Argentina

Gerard Caprio, Michael Dooley, Danny Leipziger and Carl Walsh

1647: The Baltics - Banking crises observed

Alex Fleming, Lily Chu and Marie-Renee Bakker

1646: Budgetary institutions and expenditure outcomes: binding governments to fiscal performance

Ed Campos and Sanjay Pradhan

1645: How prices and macroeconomic policies affect agricultural supply and the environment

Nlandu Mamingi

1644: Pricing industrial pollution in China: an econometric analysis of the levy system

Hua Wang and David Wheeler

1643: The consequences of doubling the minimum wage: the case of Indonesia

Martin Rama

1642: Banking reform in transition countries

Stijn Claessens

1641: Poverty and inequality during structural adjustment in rural Tanzania

Luisa Ferreira

1640: Labor regulations and industrial relations in Indonesia

Alejandra Cox Edwards

1639: Income insecurity and underemployment in Indonesia's informal sector

Franck Wiebe

1638: Private pension funds in Hungary: early performance and regulatory issues

Dimitri Vittas

1637: The benefits of growth for Indonesian Workers

Nisha Agrawal

1636: Open economies work better! Did Africa's protectionist policies cause its marginalization in world trade?

Francis Ng and Alexander Yeats

1635: Restructuring of enterprise social assets in Russia: trends, problems, possible solutions

Lev Freinkman and Irina Starodubrovskaya

1634: Japanese multinationals in Asia: capabilities and motivations

Susmita Dasgupta, Ashoka Mody and Sarbajit Sinha

1633: Essentials for sustainable urban transport in Brazil's large metropolitan areas

Jorge M. Rebelo

1632: Evaluating Bolivia's choices for trade integration

Sarath Rajapatirana

1631: Bank regulation and the network paradigm: policy implications for developing and transition economies

Patrick Honohan

1630: Water pollution abatement by Chinese industry: cost estimates and policy implications

Susmita Dasgupta, Minul Huq, David Wheeler and Chonghua Zhang

1629: Form of ownership and financial constraints: panel data evidence from leverage and investment equations

Fabio Schiantarelli and Alessandro Sembenelli

1628: Globalization: a new role for developing countries in an integrating world

Shigeru Otsubo

1627: Tradable water rights: a property rights approach to resolving water shortages and promoting investment

Paul Holden and Mateen Thobani