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This study provides a conceptual framework to explain what kinds of difficulties a late-follower will suffer from when it tries to join pre-existing International Production Networks (IPNs). We consider the total production cost minimization problem by a multinational company (MNC) in allocating...
Persistent link: https://www.econbiz.de/10011278003
This study provides a conceptual framework to explain what kinds of difficulties a late-follower will suffer from when it tries to join pre-existing International Production Networks (IPNs). We consider the total production cost minimization problem by a multinational company (MNC) in allocating...
Persistent link: https://www.econbiz.de/10011278071
Ten years after the crisis, Indonesia is still struggling to solve the problems in four major issues : economic stabilization and recovery, democratic transition and political reform, decentralization of political power, and the redefinition of national identity. This paper will explain the...
Persistent link: https://www.econbiz.de/10009363280
No society is devoid of institutions but many live with poor institutions. Institutions promote growth. This is a view … now held firmly and widely. The task then is to engineer growth-promoting institutions. Endogeneity characterises … institutions; for example, groups enjoying political power influence economic institutions, but political power itself is a …
Persistent link: https://www.econbiz.de/10009363719
firms, the disciplinary effect appeared in the later years as institutions become more market oriented. We also find limited … general, our results highlight the role of ownership structures and institutions in debt governance. …
Persistent link: https://www.econbiz.de/10009365427
This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the …
Persistent link: https://www.econbiz.de/10011278162
This essay provides a game-theoretic, endogenous view of institutions, and then applies the idea to identify the …
Persistent link: https://www.econbiz.de/10011278220
financial integration is taking shape, suggesting the need to strengthen existing institutions that promote Asian regionalism … suggests the need to create new institutions in support of Asian regionalism and to adopt a broad perspective in moving towards …
Persistent link: https://www.econbiz.de/10009653139
financial integration is taking shape, suggesting the need to strengthen existing institutions that promote Asian regionalism … suggests the need to create new institutions in support of Asian regionalism and to adopt a broad perspective in moving towards …
Persistent link: https://www.econbiz.de/10009653167
This study is a comprehensive, empirical analysis of the linkages between governance, institutions, and regional … infrastructure. The empirical results indicate that governance and institutions are crucial for regional infrastructure development … regions) with higher income, stronger institutions, better governance, and more open economies are likely to have higher …
Persistent link: https://www.econbiz.de/10009363303