This study looks at factors affecting the decision of early retirement for Egyptian government sector employees. The empirical analysis is based on 2005 nationally representative sample of government sector workers. Among the findings of this study are: women are more likely to retire earlier than men; good health status is associated with longer stay on the job; the level of education is not a determining factor for women, but it is for men; men plan to work after their early retirement; the presence of the working wife has a positive effect on her husband to retire early, yet a working husband discourages his wife from retiring early. Policy implications discussed timing of the announcement of the plans; the potential outcome of excessive payouts, as well as the need for the governmen...
This study addresses vital questions: First, why a select group of developing countries receives the lion's share of Foreign Direct Investment (FDI), while the overwhelming majority of less developed countries are left behind? Second, whether and to what extent FDI inflow is a function of a country's FDI policy regime? The study identifies market size, the rate of growth in market size, economic competitiveness, infrastructure, and worker productivity as key location factors. Further, several specific FDI and trade policies are germane to attracting a significant volume of FDI. These include lowering the ratio between the volume of FDI that is approved, as against the FDI actually undertaken by streamlining the approval process and removing arbitrary foreign ownership ceilings in sector...
At a time of soaring deficits and taxpayer fury about govern- ment waste and intervention in the economy, Congress must change its attitude toward spending taxpayer money; here's a good area to start the change: transportation policy reform. Government subsidies have bequeathed us crumbling bridges, highways to nowhere and train lines that can't pay for their operating costs, much less recoup any of their capital costs. This wouldn't happen if there were more private-sector involvement and infrastructure was built and tolled to pay for its construction and maintenance. It's time to change the way we fund transportation infrastructure, including transit, to a model grounded in basic economics. That means paying for what you get and getting what you pay for.
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