We survey the empirical literature analyzing the process of enterprise restructuring in transition economies. The survey provides new insights into the relative effectiveness of different reform policies, and into how this effectiveness varies across regions. We study the effects of privatization, the importance of different types of owners, the effects of foreign and domestic competition, the consequences of soft budgets, and the role of managerial incentives and managerial human capital, with regard to enterprise restructuring.
We implement a methodology that identifies respondents who are reticent in answering sensitive questions on surveys. The methodology entails asking a series of randomized response questions and identifies the reticent as those who give a set of answers that can arise only with an implausibly low probability. In a sample of Romanian company officials, we identify a specific 10% of respondents as reticent. The identifiably reticent admit to corruption interactions significantly less often than others. On values questions, they claim to be of higher moral virtue than the average respondent. We show that reticence is related to the respondent's age, the reticence of others in the region, and region itself. Our results suggest a method of improving the accuracy of survey data on corruption and values, as well as caution in interpreting the causes of cross-country differences in such data. (c) 2009 by The University of Chicago. All rights reserved..
This book is about the institutions, incentives and constraints that guide the behaviour of people and organizations involved in the implementation of foreign aid programmes. While traditional performance studies tend to focus almost exclusively on the policies and institutions in recipient countries, this book looks at incentives in the entire chain of organizations involved in the delivery of foreign aid, from donor governments and agencies to consultants, experts and other intermediaries. Four aspects of foreign aid delivery are examined in detail: incentives inside donor agencies, the interaction of subcontractors with recipient organizations, incentives inside recipient country institutions, and biases in aid performance monitoring systems.
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