Showing 1 - 10 of 57
"The paper evaluates the effects of privatization in the post-communist economies and China. In post … institutional development. In China relatively more estimates suggest that privatization to domestic owners improves the level of …-communist economies, but foreign joint ventures rather than wholly owned foreign firms have a positive effect in China. Worker or …
Persistent link: https://www.econbiz.de/10003791159
Persistent link: https://www.econbiz.de/10014248983
Countries design programs for supporting firms, with varying levels of success. Firm growth is constrained by several factors, such as low firm capabilities (e.g. management), availability of finance, and access to markets. Based on the available experimental evidence on firm support programs in...
Persistent link: https://www.econbiz.de/10012390615
This paper explores bond-level, issuer-level, and macro-level conditions that affect the distance between sovereign credit rating and sub-sovereign debt ratings. Over three-quarters of rated foreign-currency sub-sovereign bonds issued during 1990–2013 in 47 emerging and developing countries...
Persistent link: https://www.econbiz.de/10011454215
Persistent link: https://www.econbiz.de/10011983273
Persistent link: https://www.econbiz.de/10011561437
Persistent link: https://www.econbiz.de/10011569247
Although emerging market and developing economies (EMDEs) weathered the global recession a decade ago relatively well, they now appear less well placed to cope with the substantial downside risks facing the global economy. In many EMDEs, the room for monetary and fiscal policies to respond to...
Persistent link: https://www.econbiz.de/10012229095
This paper examines the effect of Basel III implementation on the access to finance of small and medium-size enterprises in 32 emerging markets and developing economies. Analyzing rich, repeated cross-sectional data and a panel of matched firm-bank data in a difference-in-differences setting...
Persistent link: https://www.econbiz.de/10012167938
Persistent link: https://www.econbiz.de/10010438230