Policy Reform

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Bernard Hoekman - One of the best experts on this subject based on the ideXlab platform.

  • services Policy Reform and economic growth in transition economies
    Review of World Economics, 2006
    Co-Authors: Felix Eschenbach, Bernard Hoekman
    Abstract:

    Major changes have occurred in the structure of former centrally planned economies, including a sharp rise in the share of services in GDP, employment, and international transactions. However, large differences exist across transition economies with respect to services intensity and services Policy Reforms. We find that Reforms in policies toward financial and infrastructure services, including telecommunications, power, and transport, are highly correlated with inward FDI. Controlling for regressors commonly used in the growth literature, we find that measures of services Policy Reform are statistically significant explanatory variables for the post-1990 economic performance of transition economies. These findings suggest services policies should be considered more generally in empirical analyses of economic growth.

  • services Policy Reform and economic growth in transition economies 1990 2004
    2005
    Co-Authors: Felix Eschenbach, Bernard Hoekman
    Abstract:

    Major changes have occurred in the structure of former centrally planned economies, including a sharp rise in the share of services in GDP, employment, and international transactions. However, large differences exist across transition economies with respect to services intensity and services Policy Reforms. The authors find that Reforms in policies toward financial and infrastructure services, including telecommunications, power, and transport, are highly correlated with inward foreign direct investment. Controlling for regressors commonly used in the growth literature, they find that measures of services Policy Reform are statistically significant explanatory variables for the post-1990 economic performance of transition economies. These findings suggest services policies should be considered more generally in empirical analyses of economic growth

Ashley Purkey - One of the best experts on this subject based on the ideXlab platform.

  • water markets and freshwater ecosystem services Policy Reform and implementation in the columbia and murray darling basins
    Ecological Economics, 2009
    Co-Authors: Dustin Garrick, M A Siebentritt, Bruce Aylward, Carl Bauer, Ashley Purkey
    Abstract:

    Water markets have featured prominently in the reallocation of water rights to restore freshwater ecosystem health. Incentive-based water rights acquisition and transactions have emerged as a market-oriented Policy approach to reallocate water resources from existing uses to enhance the provision, regulation, and sustainability of freshwater ecosystem services. This paper develops a conceptual framework to examine factors enabling and constraining successful Policy Reform and implementation in market-based environmental water allocation. This analysis distills and extends the findings and lessons of a September 2007 workshop in Brisbane, Australia on environmental water transactions. Two case studies were selected in water stressed basins - the Columbia (U.S.A) and Murray-Darling (Australia) Basins - where transactional approaches to environmental water allocation first emerged. The case studies draw upon practitioner perspectives and previous Policy and economic analysis in two regions where shared political economic and physical conditions lend a strong analytical basis for comparison. A common set of Policy and regulatory Reforms has occurred in both cases - albeit in different forms and via distinct paths - to develop three enabling conditions: (1) establishment of rights to and limits on freshwater extraction and alteration; (2) recognition of the environment as a legitimate water use; and (3) authority to transfer existing water rights to an environmental purpose. However, these elements of Policy Reform are necessary but not sufficient for effective implementation; a second set of driving forces, barriers, and adaptations explains the ability to achieve larger scale ecological outcomes. These conditions include the physical, social and economic factors driving demand for environmental water allocation; administrative procedures, organizational development and institutional capacity to effect transfers; and adaptive mechanisms to overcome legal, cultural, economic, and environmental barriers. The case study analysis suggests that environmental water transactions can play an important role in establishing environmental water allocations, although water markets require ongoing institutional capacity and adaptive governance. The conceptual framework and empirical lessons generated through this cross-case comparison provide the basis for an expanded research agenda to evaluate the design and performance of market-oriented Reforms as implementation experience accrues and new programs emerge in diverse ecological and political economic settings.

Donna C Brennan - One of the best experts on this subject based on the ideXlab platform.

  • water Policy Reform in australia lessons from the victorian seasonal water market
    Australian Journal of Agricultural and Resource Economics, 2006
    Co-Authors: Donna C Brennan
    Abstract:

    The nature of the seasonal water market is examined using a theoretical model and empirical evidence from the Victorian market. Drivers of the seasonal opportunity cost of water include the underlying nature of investment in the industry made in the context of risky entitlement yields; and the timing and nature of information regarding seasonal water availability and rainfall. Seasonal water markets facilitate the reallocation of water availability according to this short-run opportunity cost. Evidence from the market suggests that transactions costs are low and most of the existing constraints to trade in seasonal allocations are the result of hydrological conditions. Analysis of market data suggests that the price response of the market to water availability is much more pronounced in years of low rainfall. The implications of the paper for wider Policy Reform are that attention should be paid to improving property rights for the management of intertemporal risk before other Reforms, such as broadening of permanent water markets and institutionalising environmental flows, are implemented. This is because these other Reforms will change the spatial and temporal pattern of water use and thus affect reliability, which underpins the value of water in irrigated agriculture.

  • water Policy Reform in australia lessons from the victorian seasonal water market
    Australian Journal of Agricultural and Resource Economics, 2006
    Co-Authors: Donna C Brennan
    Abstract:

    The nature of the seasonal water market is examined using a theoretical model and empirical evidence from the Victorian market. Drivers of the seasonal opportunity cost of water include the underlying nature of investment in the industry made in the context of risky entitlement yields; and the timing and nature of information regarding seasonal water availability and rainfall. Seasonal water markets facilitate the re-allocation of water availability according to this short-run opportunity cost. Evidence from the market suggests that transactions costs are low and most of the existing constraints to trade in seasonal allocations are the result of hydrological conditions. Analysis of market data suggests that the price response of the market to water availability is much more pronounced in years of low rainfall. The implications of the paper for wider Policy Reform are that attention should be paid to improving property rights for the management of intertemporal risk before other Reforms, such as broadening of permanent water markets and institutionalising environmental flows, are implemented. This is because these other Reforms will change the spatial and temporal pattern of water use and thus affect reliability, which underpins the value of water in irrigated agriculture.

Silja Hausermann - One of the best experts on this subject based on the ideXlab platform.

  • the multidimensional politics of social investment in conservative welfare regimes family Policy Reform between social transfers and social investment
    Journal of European Public Policy, 2018
    Co-Authors: Silja Hausermann
    Abstract:

    ABSTRACTWhile we have many studies on social investment policies and their effects, we still know fairly little about the politics of social investment, especially in conservative welfare states, which provide the hardest ground for these Reforms. What are the key conflicts in social investment politics? How do they intersect with compensatory welfare state conflict? Which coalition potentials exist? Based on a newly collected dataset, this contribution analyses actor configurations in German family Policy Reform processes since 1979. It shows that the development of social investment in conservative welfare regimes can only be understood if we conceptualize its politics in a multidimensional space. Income protection and social investment can be, and oftentimes are, two distinct conflict lines. Hence, political exchange and ambiguous agreements were conducive to a hybrid Policy development: income support expansion coexists with social investment Reforms. The findings show how a social investment turn can...

Dustin Garrick - One of the best experts on this subject based on the ideXlab platform.

  • water markets and freshwater ecosystem services Policy Reform and implementation in the columbia and murray darling basins
    Ecological Economics, 2009
    Co-Authors: Dustin Garrick, M A Siebentritt, Bruce Aylward, Carl Bauer, Ashley Purkey
    Abstract:

    Water markets have featured prominently in the reallocation of water rights to restore freshwater ecosystem health. Incentive-based water rights acquisition and transactions have emerged as a market-oriented Policy approach to reallocate water resources from existing uses to enhance the provision, regulation, and sustainability of freshwater ecosystem services. This paper develops a conceptual framework to examine factors enabling and constraining successful Policy Reform and implementation in market-based environmental water allocation. This analysis distills and extends the findings and lessons of a September 2007 workshop in Brisbane, Australia on environmental water transactions. Two case studies were selected in water stressed basins - the Columbia (U.S.A) and Murray-Darling (Australia) Basins - where transactional approaches to environmental water allocation first emerged. The case studies draw upon practitioner perspectives and previous Policy and economic analysis in two regions where shared political economic and physical conditions lend a strong analytical basis for comparison. A common set of Policy and regulatory Reforms has occurred in both cases - albeit in different forms and via distinct paths - to develop three enabling conditions: (1) establishment of rights to and limits on freshwater extraction and alteration; (2) recognition of the environment as a legitimate water use; and (3) authority to transfer existing water rights to an environmental purpose. However, these elements of Policy Reform are necessary but not sufficient for effective implementation; a second set of driving forces, barriers, and adaptations explains the ability to achieve larger scale ecological outcomes. These conditions include the physical, social and economic factors driving demand for environmental water allocation; administrative procedures, organizational development and institutional capacity to effect transfers; and adaptive mechanisms to overcome legal, cultural, economic, and environmental barriers. The case study analysis suggests that environmental water transactions can play an important role in establishing environmental water allocations, although water markets require ongoing institutional capacity and adaptive governance. The conceptual framework and empirical lessons generated through this cross-case comparison provide the basis for an expanded research agenda to evaluate the design and performance of market-oriented Reforms as implementation experience accrues and new programs emerge in diverse ecological and political economic settings.