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in the social spirit and prowess, so much needed to benefit from globalization. Acute poverty is the major structural …Globalization is a deliberate decision to open up a national economy to the forces of product, factor and money markets … regime and went in for globalization in the early 1990’s. However, globalization of the Indian Economy has been defensive …
Persistent link: https://www.econbiz.de/10005119015
The aim of this paper is to summarise the results of a non-farm micro- enterprise survey in rural and peri-urban Romania and to examine their impact on the development of sustainable rural livelihoods. As these firms operate in fixed locations and are therefore more easily located and observed,...
Persistent link: https://www.econbiz.de/10005118782
We use a set of established growth models, which simultaneously include human capital and R&D, to show that the effect of mortality rate in human capital accumulation is quantitatively more important than the effect of perfectly guaranteed patents on research. First, we show that the effect of...
Persistent link: https://www.econbiz.de/10005407750
Early states like China, India, Italy and Greece have been experiencing more rapid economic growth in recent decades than have later-comers to agriculture and statehood like New Guinea, the Congo, and Uruguay. We show that more rapid growth by early starters has been the norm in economic...
Persistent link: https://www.econbiz.de/10005118750
The black market exchange rate premium is widely used in the empirical literature as an indicator of trade and exchange rate distortions. This paper presents a simple test of the null hypothesis that the black market exchange rate is a reliable indicator of the equilibirum exchange rate. The...
Persistent link: https://www.econbiz.de/10005062423
Purchasing power parity (PPP) hypothesis has attracted a lot of attention from academics and policy-makers particularly, during the recent float. Most previous studies used data from the developed world. This study examines the validity of the PPP hypothesis using data during the recent float...
Persistent link: https://www.econbiz.de/10005408175
Time series data for Sri Lanka span periods of pervasive trade and exchange restrictions along with periods of liberalized trade. This paper implements a structural econometric model of aggregate imports which incorporates the implications of the shifts in the policy regime. The results...
Persistent link: https://www.econbiz.de/10005556426
This study tests weak and semi-strong form efficiency of the foreign exchange market in Sri Lanka using six bilateral foreign exchange rates during the recent float. Weak-form efficiency is examined using unit root tests while semi-strong form efficiency is tested using co- integration and...
Persistent link: https://www.econbiz.de/10005556627
Persistent link: https://www.econbiz.de/10005118772
Objectives. This paper analyzes the relationship between Palestinian suicide bombings and economic and political conditions from 1993 to 2001. Labor market conditions could affect the number of terror attacks because when the economy worsens, the opportunity cost of engaging in suicide terrorism...
Persistent link: https://www.econbiz.de/10005076534