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Financial integration, globalization, and real activity
De Nicolò, Gianni; Juvenal, Luciana - 2012
distinct impact of financial integration and globalization on several dimensions of real activity. We find that: (a) financial … financial integration predict better growth prospects; (c) both advances in financial integration and globalization are … financial integration and globalization indeed foster countries' growth, and there appears to be no trade-off between these …
Persistent link: https://www.econbiz.de/10009490605
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Significance of development stage theory for explaining industrial growth pattern between Asian NICs and selected advanced economies
Nam, Chang-woon - 2002
The East Asian miracle was real. Prior to the 1997 economic and currency crises, Asian NICs Hong Kong, Korea, Singapore and Taiwan achieved remarkable annual GDP growth. In these countries the overall economic performance was significantly determined by the industrial development triggered by...
Persistent link: https://www.econbiz.de/10011409015
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Global financial transmission of monetary policy shocks
Ehrmann, Michael (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003363952
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Trends and patterns of growth, development, achievements of China and India : a comparative analysis
Bhattacharyay, Biswanath; Bhattacharyay, Madhurima - 2016
given to the re-emergence of the Asian giants, the People's Republic of China (PRC) and India. Both countries have attained …
Persistent link: https://www.econbiz.de/10011444894
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Economic globalisation and Africa's quest for greener and more inclusive growth : the missing link
Ofori, Isaac Kwesi; Freytag, Andreas; Asongu, Simplice - 2023
This study examines the contingency and threshold effects of economic freedom in the economic globalisation (EG) and inclusive green growth (IGG) relationship in Africa. Based on macro data for 22 African countries and the Driscoll-Kraay standard errors with fixed effects instrumental variable...
Persistent link: https://www.econbiz.de/10014292764
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The role of school improvement in economic development
Hanushek, Eric Alan (contributor);  … - 2007
"The role of improved schooling, a central part of most development strategies, has become controversial because expansion of school attainment has not guaranteed improved economic conditions. This paper reviews the role of education in promoting economic well-being, with a particular focus on...
Persistent link: https://www.econbiz.de/10003495680
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Natural resources : curse or blessing?
Ploeg, Frederick van der - 2010
Are natural resources a "curse" or a "blessing"? The empirical evidence suggests either outcome is possible. The paper surveys a variety of hypotheses and supporting evidence for why some countries benefit and others lose from the presence of natural resources. These include that a resource...
Persistent link: https://www.econbiz.de/10003986863
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GDP growth, private debt and monetary policy
Cafiso, Gianluca - 2017
Economic research has considered Private Debt a determinant of GDP growth for years. By keeping this perspective, the objective of this work is to understand how much of the GDP response to a monetary shock is due to the variation of private debt. This is the marginal contribution of private...
Persistent link: https://www.econbiz.de/10011659392
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Global and regional financial integration in emerging Asia : evidence from stock markets
Caporale, Guglielmo Maria; Gil-Alaña, Luis A.; You, Kefei - 2017
emerging Asia there is more regional than global integration, and that the former has become even stronger in the post-2008 …
Persistent link: https://www.econbiz.de/10011654611
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The economics of a multilateral investment agreement
Che, Jiahua; Willmann, Gerald - 2009
This paper models a multilateral agreement on investment (MAI) as a coordination device. Multinational enterprises can invest in any number of countries. Without a multilateral investment agreement, expropriation triggers an investment stop by the single MNE. Under a multilateral agreement,...
Persistent link: https://www.econbiz.de/10003808670