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In an attempt to better understand the impact of the World Bank on human development in poor countries, we use cross-country data on African countries, for the 1990-2002 period, to examine this relationship. The coefficient estimates of our parsimonious fixed-effects models indicate that while...
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Using data from a recent survey of bank and enterprise managers and government officials in southern China, we present …
Persistent link: https://www.econbiz.de/10005784788
cooperation related investment (ECI). While there are suggestions that it is an extension of China‟s soft power aimed at … resource richness is not economically meaningful. Finally, while there is some support for the popular wisdom that China … any, for the hypotheses that China favours doing business with countries where political rights are limited. …
Persistent link: https://www.econbiz.de/10008529009
Chinese banks suffer from serious financial fragility manifested by high proportions of non-performing loans and low capital-adequacy ratios. A key policy introduced recently by the Chinese government to reduce financial risks is the establishment of four asset management companies (AMCs) for...
Persistent link: https://www.econbiz.de/10005677622
information in response to market signals. In China, however, banks centralized lending authority following financial reforms in …
Persistent link: https://www.econbiz.de/10005489888