Showing 1 - 10 of 246
We investigate the financial implications of a multinational firm’s choice between outsourcing and integration from the perspective of the supplier. Using a simple model, we explore the extent to which an integrated supplier’s access to finance, as well as its sources of funding, change...
Persistent link: https://www.econbiz.de/10010886973
The paper develops a model of firm´s investment under uncertainty with financial market imperfections and analyzes the effects of financial constraints on firm´s investment. Firm´s investment is an increasing function of the firm´s marginal q, however the investment function is characterized...
Persistent link: https://www.econbiz.de/10005083386
managed transition process is one of the best ways to guard against backslide and to ensure the continuity of essential … studies in DRC (initial stages of MONUSCO transition), Haiti (handover from MINUJUSH to BINUH), Liberia (following UNMIL …’s withdrawal) and Sudan (transition of UNAMID). The paper focuses on opportunities that the international community could integrate …
Persistent link: https://www.econbiz.de/10012257901
debate among NATO members, is of special relevance for the peaceful transition of other post-socialist countries, e …
Persistent link: https://www.econbiz.de/10008592857
This paper suggests a method of approximating the development of investment in transition economies through an … investment in transition countries. In contrast to standard adjustment costs, which predict a sharp rise in investment due to the …
Persistent link: https://www.econbiz.de/10009276188
Trade between Eastern and Western Europe has increased considerably in the last years. Given this market-induced development, why should it be necessary to advance institutional integration? This paper argues that Central and Eastern European countries (CEECs) can potentially enhance the...
Persistent link: https://www.econbiz.de/10009276477
performance. We acknowledge for the transition aspect by looking at cluster history and principal component analysis for periods … of transition. Our analysis reveals that there is consolidation rather than convergence with CEECs being divided in …
Persistent link: https://www.econbiz.de/10011082311
This paper aims at describing the choices to be made in selecting and implementing a reform model for the electricity industry and to derive some implications for the situation in Kosovo. The paper argues that the appropriate reform model depends on the circumstances in the considered...
Persistent link: https://www.econbiz.de/10005755163
contributes to creating competitive economic structures, employment and growth or whether it just fosters an exaggerated capital …
Persistent link: https://www.econbiz.de/10005755271
The paper is a survey of theoretical and empirical approaches applied to analyze the impact of financial system on economic growth. The key issues of the modern theories of the finance-growth nexus are discussed and the theories are classified on the basis of the methodology they rely on. The...
Persistent link: https://www.econbiz.de/10010956028