Holger Markmann studies covered bonds and their market behaviour upon the announcement and implementation of outright covered bond purchases by the eurosystem. After introducing the covered bond market, its reaction to the global financial crisis, and the functionality of unconventional monetary...

The creation of a single monetary currency and a single monetary policy in the euro area has faced extraordinary challenges, among them the design of suitable monetary policy instruments. This book evaluates monetary policy instruments of the Eurosystem against a number of requirements. To do...

This book argues that the strength of our dynamic society is a market economy, which functions well only if positive and constructive marketing practices are performed. It offers innovative alternatives for achieving economic progress and outlines strategies to create conditions for equal...

Diese Open Access Buch geht den Fragen nach, wie inklusives Wachstum und wirtschaftliche Sicherheit entstehen, welche Rahmenbedingungen der Staat setzen und welche Reformen er auf den Weg bringen muss und wie sich wirtschaftspolitische Maßnahmen auswirken. Die besten Studierenden der...

This book explores the drivers of technological upgrading and catch-up in the emerging economies, paying specific attention to technology and innovation policies, national innovation systems, the role of foreign direct investment and small and medium enterprises. It provides practical...

Progress in telecommunications and infrastructure, coupled with liberalization in international organizations, has introduced a number of new competitors to existing SMEs. This book analyzes strategic aspects of SME development that may help to promote growth: high-tech development, productivity...