based on the theoretical and empirical evidences, the most important goal the privatization is to increase the efficiency and improve the fiscal status of the government and the government enterprises. one of the key factors for implementation of the privatization policy in iran is to overcome the inefficiency and fiscal problems of the government sector. the paper studies the privatization per...

The use of Comprehensive Performance Assessment (CPA) to monitor the performance of 148 English local authorities (unitary and two-tier) between 2002 and 2008, and reward good performers with lower central intervention was a unique policy experiment. Taking advantage from the English assessment procedure this paper studies, both theoretically and empirically, two issues: 1) the relationship bet...

We show that reputational effects may explain differences in economic performances of dictatorial or authoritarian governments. A good reputation convinces citizens that the dictator will exert high effort in economic performance. With replacement, a dictator exerts high effort only if its foregone rent is not too large. Without replacement, the dictator succeeds in convincing the citizens of i...

since public sector enterprises poor performance become evident, privatization as a means of improving such enterprises performance and curbing government interference in business activities has attracted much attention at national policy making levels. privatization is a complex and long term process the effect of which may appear over a long period of tome. there fore, considering it a limpid...

External financing is important when inventors and small technology-based firms commercialize their inventions. However, the private information of inventors about the quality of their products causes information asymmetries and moral hazard problems. To help compensate for potentially non-existing capital markets, the Swedish Government has intervened by offering loans with different terms to ...