"The dollarization of bank deposits and credit is widespread in developing countries, resulting in varying degrees of currency mismatches in domestic financial intermediation, which in turn might accentuate bank balance sheet fragility. It is widely argued that flexible exchange rate regimes...

Verschiedene Konzepte schreiben aufstrebenden Nicht-OECD-Staaten Schlüsselrollen in regionaler und globaler Politik zu. Der Autor dieses Aufsatzes hebt hervor, dass solche Konzepte nicht nur auf globale Machtverschiebungen, sondern auch auf geopolitische Regionalisierung hinweisen. Entsprechend...

The productivity and competitiveness of local firms in non-OECD countries depends as much on technological capacities and successful upgrading as in industrialized countries. However, developing countries undertake very little to no original R&D and primarily depend on foreign technology....