Showing 1 - 10 of 132
China’s local government debt (LGD) has recently become the focus of economic policy debates. However, information … investigation of the impact of China’s LGD on economic growth. It is probably the first of its kind to focus on China and thus … assessment of LGD in China’s regional economies, using recently released auditing statistics and other available secondary …
Persistent link: https://www.econbiz.de/10011098218
, Beijing, China, August 16-22, 2009 …
Persistent link: https://www.econbiz.de/10010913449
This paper investigates the extent to which the slope of the yield curve in emerging economies predicts domestic inflation and growth. It also examines international financial linkages and how the US and euro area yield curves help to predict. It finds that the domes-tic yield curve in emerging...
Persistent link: https://www.econbiz.de/10005648592
Emerging economies with inflation targets (IT) face a dilemma between fulflling the theoretical conditions of "strict IT", which implies a fully flexible exchange rate, or applying a "flexible IT", which entails a de facto managed floating exchange rate with forex interventions to moderate...
Persistent link: https://www.econbiz.de/10009024449
This paper studies the impact of federal state shareholdings on the performance of Russian companies. It differs from most similar studies in two respects. Firstly, it focuses on mixed ownership companies rather than conventional state enterprises. Secondly, it distinguishes between several...
Persistent link: https://www.econbiz.de/10005190676
During the Soviet period industrial firms not only formed the backbone of the economy but also directly provided a wide range of benefits to their municipalities. Firms were in charge of supplying a great variety of social services, such as housing, medical care and day care. The need to divest...
Persistent link: https://www.econbiz.de/10005419599
Transition economies like Russia lack properly functioning financial markets and institutions, which results in severe agency and information problems. Business groups in such markets have the potential to offer benefits to member firms, but they also may destroy value. Using a unique database...
Persistent link: https://www.econbiz.de/10005648601
Persistent link: https://www.econbiz.de/10012298973
This paper examines how farmers have adapted to the current range of climates across China. A cross sectional method is … used to analyze irrigation choice and crop choice across 8,405 farmers in 28 provinces in China. We find that both …
Persistent link: https://www.econbiz.de/10010880086
China has embarked on a major program to modernise agricultural and agribusiness structures with far reaching … in high-value agrifood chains, China should pursue a more incremental and facilitative approach based around developing …
Persistent link: https://www.econbiz.de/10010880100