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The People's Republic of China (PRC) is beginning a new wave of financial liberalization, which is necessary to support strong economic growth, but will financial liberalization lead to major financial crises, as happened in many middle-income countries? The empirical examinations conducted in...
Persistent link: https://www.econbiz.de/10011804485
As it is becoming clear that climate change will exert a major impact on inflation, economic growth, and financial system stability, central banks and financial regulators have increasingly recognized that they can no longer ignore climate change and other environmental issues. In general,...
Persistent link: https://www.econbiz.de/10013546180
Persistent link: https://www.econbiz.de/10008666361
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The significance of the Belt and Road Initiative (BRI) of the People's Republic of China (PRC) for Europe is increasing … within Europe, while the EU has yet to become an active player engaging in the initiative, in order to enable improved … connectivity in Europe to drive economic convergence and not political divergence. The need to establish a level playing field for …
Persistent link: https://www.econbiz.de/10012289898
economies through structural change and the relocation of activities. Evidence from high-speed rail networks in Europe and the …
Persistent link: https://www.econbiz.de/10012008725
likely. The paper then deals with Europe's, and particularly the EU's, role in this dynamism. The EU was one of the early … "Connecting Europe and Asia: Building Blocks for an EU Strategy" in this context and finds it to be lacking in various ways. The …
Persistent link: https://www.econbiz.de/10012205804
This paper investigates the prevailing financial regulatory structures and impact of the current financial turmoil on banking performance in four Asian economies: the People's Republic of China (PRC); Hong Kong, China; Singapore; and Taipei,China. Both the PRC and Hong Kong, China operate under a...
Persistent link: https://www.econbiz.de/10003983440
This paper conducts an in-depth analysis of the impacts of the global financial crisis on the People's Republic of China's (PRC's) small and medium enterprises (SMEs). It also provides relevant policy suggestions at the end. First, this paper reviews the impacts of the 1997 Asian financial...
Persistent link: https://www.econbiz.de/10003928006
Adverse effects of the global financial crisis on international trade include falling demand, increased trade protectionism, and drying up of trade finance. Much attention has focused on the impact of the crisis on goods trade; however literature on its impact on services trade is limited,...
Persistent link: https://www.econbiz.de/10009267712