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countries (LDCs) embarking on globalization, which enhances the prospect of direct technological imports or embodied … technological transfer. Using a sample of 1,940 enterprises from Ethiopia over the period 1996-2004 and deploying System Generalized … Method of Moments (GMM-SYS), this paper attempts to establish the nature of manufacturing employment in Ethiopia and the role …
Persistent link: https://www.econbiz.de/10010226717
This paper investigates the role of structural reforms - privatization, financial reform and trade liberalization as … financial liberalization and privatization. These results are robust to different measures of reforms, split samples, and … potential endogeneity and omitted variables biases. -- Privatization ; financial reform ; trade liberalization ; foreign direct …
Persistent link: https://www.econbiz.de/10003656909
This study explores the effects of globalization on gender inequality. Specifically, we depict that, in terms of … capital market integration, globalization alters the gender gap in wage rates through changes in labor demand for capital …-intensive sectors. Consequently, globalization leads to opposite effects on the couple's labor supply and fertility decisions in capital …
Persistent link: https://www.econbiz.de/10011925357
The financial crisis has re-ignited the fierce debate about the merits of financial globalization and its implications …
Persistent link: https://www.econbiz.de/10003831857
process of financial globalization. Our central findings indicate that policies promoting financial sector development …, institutional quality and trade openness appear to help developing countries derive the benefits of globalization. Similarly, sound … unavoidable tensions inherent in evaluating the risks and benefits associated with financial globalization. In light of these …
Persistent link: https://www.econbiz.de/10003816538
and new consumers. Using household budget survey data for 2015/16 for Ethiopia and assuming a reform scenario that dilutes …
Persistent link: https://www.econbiz.de/10012418650
's domestic bank by an internationalized banking group. Our results show that, after the acquisition, firms have a significantly … higher probability of starting export in countries where the consolidated bank has a foreign branch, which proxies for the … mainly reduce firms' fixed entry costs in a foreign market. The analysis also shows that other channels, such as bank credit …
Persistent link: https://www.econbiz.de/10013332105
household data for Ethiopia, that in fact use of formal institutions and ROSCAs can co-exist, even in the same household. We … consistent with these empirical facts. -- household saving ; credit institutions ; ROSCAs ; Ethiopia …
Persistent link: https://www.econbiz.de/10009308836
We construct objective measures of privatization, internal and external liberalization reform efforts, across countries … external liberalization and privatization, concentration of political power drives internal liberalization, and democracy … underpins all three. We find that FDI inflows reduce the probability of privatization reversals, labour strikes increase that of …
Persistent link: https://www.econbiz.de/10003310965
financial globalization. India's authorities have taken a cautious and calibrated path to capital account opening, which has …
Persistent link: https://www.econbiz.de/10003794018