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"The relationships among competition in the financial sector, access of firms to external financing, and associated … economic growth are ambiguous in theory. Moreover, measuring competition in the financial sector can be complex. In this paper … Claessens and Laeven first estimate for 16 countries a measure of banking system competition based on industrial organization …
Persistent link: https://www.econbiz.de/10010522717
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Bulgaria's economy performed relatively well during the crisis and the economy is reviving. In comparison with other Tenth European Union (EU10) countries, for Bulgaria the drop in Gross Domestic Product, or GDP growth was below the median, fiscal performance deteriorated less, and public debt...
Persistent link: https://www.econbiz.de/10012557334
"Global climate change is occurring at an accelerating pace, and the global greenhouse gas (GHG) emissions that are forcing climate change continue to increase. Given the present pace of international actions, it seems unlikely that atmospheric composition can be stabilized at a level that will...
Persistent link: https://www.econbiz.de/10011394232
duty-free competition from imports. With relatively high most favored-nation tariff rates, the level of reverse …
Persistent link: https://www.econbiz.de/10010522196
"This paper looks at Bulgaria's industrial restructuring through the lenses of its evolving specialization in international division of labor and integration into international markets with a special emphasis on EU markets. Its major findings can be summarized as follows: (1) Developments in...
Persistent link: https://www.econbiz.de/10010522197
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There has been growing interest from stakeholders around the world in recent years in how to build momentum for private sector development in states with poor investment climates. Dialogue between the public and private sectors, in various forms, has often been integral to attempts to build such...
Persistent link: https://www.econbiz.de/10012553380