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Focused on the case of China’s financial development, the present discursive essay sets out to argue that if the … particular context of China’s economic development goals and concludes that although the Chinese financial system is not …. Furthermore, in order to reconcile China’s financial efficiency-growth apparent paradox, the essay supports the view that …
Persistent link: https://www.econbiz.de/10005407709
This paper estimates the potential effects of a free trade agreement (FTA) between China and Mercosur on poverty … likely effects of an FTA with China on poverty and income distribution. We find that the FTA would result in a small … agreement with China on sectoral and aggregate employment rates. According to this, trade with the PRC did not have a …
Persistent link: https://www.econbiz.de/10005062638
This paper estimates the effects of trade integration between China and Mercosur on employment. The case of Argentina … labor demand elasticities in order to estimate the effects of trade with China on the employment rate. According to this …, trade with China did not have a significant effect on industrial employment, even in a period of swift trade liberalization …
Persistent link: https://www.econbiz.de/10005408025
. The accelerated growth episodes observed in Brazil and China demonstrate that the increase in income inequality may have …
Persistent link: https://www.econbiz.de/10005555988
This paper investigates the importance that market regulation and financial imperfections have on …rm growth. We analyse institutions affecting labor market as Employment Protection Laws (EP) and Product Market Regulation (PM). We show that together with the beneficial effects of …nancial...
Persistent link: https://www.econbiz.de/10005077008
This paper surveys the economic literature on the links between finance, law and growth in the Central and Eastern European transition countries. The literature that is surveyed at the outset of the paper shows that if a financial system is based on an adequate legal system it can positively...
Persistent link: https://www.econbiz.de/10005125524
We seek to contribute to both the finance-growth literature and the community banking literature by testing the effects of the relative health of community banks on economic growth and investigating potential transmission mechanisms for these effects using data from 1993–2000 on 49 nations....
Persistent link: https://www.econbiz.de/10005134638
During the 80’s and 90’s, the increase in financial instability shook up the idyllic vision of the financial liberalization in developed nations. The difficulties borne by the banking sectors spread out in some Asian and Latin American countries as systemic crises. The deregulation of the...
Persistent link: https://www.econbiz.de/10005134804
We construct a new measure of financial development, through multivariate analysis, which includes several indicators of financial size and efficiency for 134 countries. Based on this broad measure, we assess empirically the determinants of financial development focusing on two factors not yet...
Persistent link: https://www.econbiz.de/10005134948
One of the most enduring debates in economics is whether financial development causes economic growth or whether it is a consequence of increased economic activity. Little research into this question, however has used a true causality framework. This paper fills this lacuna by using...
Persistent link: https://www.econbiz.de/10005413076