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Purpose – Natural disasters may inflict significant damage upon international financial markets. The purpose of this study is to investigate if any contagion effect occurred in the immediate aftermath of the Japanese earthquake, tsunami and subsequent nuclear crisis....
Persistent link: https://www.econbiz.de/10013032608
Financial integration among economies has the benefit of improving allocation efficiency and diversifying risk. However the recent global financial crisis, considered as the worst since the Great Depression has re-ignited the fierce debate about the merits of financial globalization and its...
Persistent link: https://www.econbiz.de/10013032610
corruption-control (CC). The empirical evidence is based on a sample of 78 developing countries. The following findings are …
Persistent link: https://www.econbiz.de/10012908025
In the aftermath of the 2008 global financial crisis, the implications of financial liberalisation for stability and economic growth has come under increased scrutiny. One strand of literature posits a positive relationship between financial liberalisation and economic growth and development....
Persistent link: https://www.econbiz.de/10011698477
The recent waves of political crises in Africa and the Middle East have inspired the debate over how political instability could pose a risk of financial contagion to emerging countries. With retrospect to the Kenyan political crisis, our findings suggest stock markets in Lebanon, Mauritius were...
Persistent link: https://www.econbiz.de/10013032611
This study checks the effect of foreign aid on terrorism and FDI, conditioned on domestic levels of corruption …
Persistent link: https://www.econbiz.de/10011408857
This note reconciles an on-going debate on the effect of foreign aid on corruption by introducing a previously missing …
Persistent link: https://www.econbiz.de/10012904576
The Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) debate on ‘the effect of foreign aid on corruption' has … reducing (increasing) corruption (corruption-control) are discussed …
Persistent link: https://www.econbiz.de/10013047703
This study checks the effect of foreign aid on terrorism and FDI, conditioned on domestic levels of corruption …
Persistent link: https://www.econbiz.de/10013025327
The debate by Okada & Samreth (2012, EL) and Asongu (2012, EB; 2013, EEL) on ‘the effect of foreign aid on corruption …' in its current state has the shortcoming of modeling corruption as a direct effect of development assistance. This note … extends the debate by assessing the channels of foreign aid to corruption in 53 African countries for the period 1996 …
Persistent link: https://www.econbiz.de/10013032534