Dynamics of Balance of Payment developments are still barely researched. Chapter 1 tries to summarize empirical evidence between institutional determinants and BoP movements and proposes a framework for the role of institutions in a debt cycle. It is found that “good” institutions do help a...

4207 The system of non-bank financial intermediaries (NBFI; i.e., shadow banks) has grown rapidly in recent decades up to a roughly size of about Dollar 71 trillion. Shadow banks moved for a number of reasons into the focus of regulatory authorities: (1) the risks associated with circumventing...

Like in several sectors of consumer demand, attitudes, believes, and the political environment may also influence the worldwide demand for tourism. Consequentially, this thesis concentrates on a wider range of determinants including non-economical factors of tourism demand and supply in both the...

Diese Arbeit trägt zu einem besseren Verständnis der Bedeutung von Kooperationen und Wissensaustausch für den Erfolg innovativer Unternehmen bei. Dabei gründet sie im Wesentlichen auf Josef Alois Schumpeters ‚Theorie der wirtschaftlichen Entwicklung‘ aus dem Jahre 1912. Neuere Theorien,...