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Grenada has faced various socioeconomic challenges within the last decade, including the destruction wrought by Hurricane Ivan in 2004 and the global financial crisis. As a result, economic indicators for Grenada illustrate unfavorable. Increases in the poverty and unemployment rates, especially...
Persistent link: https://www.econbiz.de/10012564499
Like many European countries, Bulgaria's workforce is facing dynamic developments influenced by negative demographic trends, seasonal and long-term migration of the population both in the country and abroad, imbalanced economic development of the Bulgarian regions, learning opportunities in the...
Persistent link: https://www.econbiz.de/10013255406
The Republic of Korea vaulted in less than three generations from being one of the poorest countries in the world to becoming a member of the Organization for Economic Co-operation and Development (OECD). This economic transformation has attracted considerable admiration and inquiry. One of the...
Persistent link: https://www.econbiz.de/10012560332
For the last 50 years, the Turkish Cypriot community (TCc) has remained outside the effective control of the government of the Republic of Cyprus (RoC). The community displays typical characteristics and challenges of a small island economy, and after years of rapid growth and income...
Persistent link: https://www.econbiz.de/10012247986
Despite the discovery fifty years ago, of drugs that can cure tuberculosis (TB), the disease still remains a top killer worldwide. The note stipulates that one third of the world's population is infected by Mycrobacterium Tuberculosis, and while ninety percent of infected individuals never...
Persistent link: https://www.econbiz.de/10012554815
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"Model uncertainty hampers consensus on the key determinants of economic growth. Some recent cross-country, cross-sectional analyses have employed Bayesian Model Averaging to address the issue of model uncertainty. This paper extends that approach to panel data models with country-specific fixed...
Persistent link: https://www.econbiz.de/10011394124
"This paper examines the implications of bank activity and short-term funding strategies for bank risk and returns using an international sample of 1,334 banks in 101 countries leading up to the 2007 financial crisis. Expansion into non-interest income generating activities such as trading...
Persistent link: https://www.econbiz.de/10011394131
"The most basic argument for insurance is that it reduces financial risk. But since insurance opens up new opportunities for consuming expensive high-technology care which permits health improvements that are valued by the insured, and because in many settings the provider is able and has an...
Persistent link: https://www.econbiz.de/10010522459