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entrepreneurship or the performance of entrepreneurs in the informal economy. Focusing on institutional heterogeneity, this paper … characterizes external finance (i.e. local family-based equity, remittances, bank credit, business angel finance and venture capital … and both the propensity for entrepreneurship and the performance of entrepreneurs in the informal economy. …
Persistent link: https://www.econbiz.de/10011113412
primary cause that impedes the process of formalization. However whether flexible regulations can encourage formalization by … making gains of formalization more accessible and certain remains a question. In this paper we argue that flexible … regulations does not necessarily manifest into the incentives that are essential for formalization. Reducing rigidities in …
Persistent link: https://www.econbiz.de/10009323213
Financial development indicators are often applied to countries/regions without taking into account specific financial development realities. Financial depth in the perspective of monetary base is not equal to liquid liabilities in every development context. This paper introduces complementary...
Persistent link: https://www.econbiz.de/10009021966
• Available evidence strongly suggests that cotton producers in West Africa are relatively unresponsive to changes in world prices. This means they are poorly placed to take advantage of improved market conditions that might result from the reduction or abolition of cotton subsidies in rich...
Persistent link: https://www.econbiz.de/10005790071
This report assesses the impact of regulations and the regulatory process in Germany on trade and investment, as well as the extent to which market openness considerations are incorporated into the general policy framework for regulations. The assessment is based on six efficient regulation...
Persistent link: https://www.econbiz.de/10005837342
Annotated presentation made at the conference “Hacia una Mayor Competitividad e Integración de América Latina y el Caribe: la contribución de la banca de desarrollo”,on the occasion of the ALIDE Annual Meeting, Asunción, Paraguay, 19-20 May 2011. The paper describes first how regional...
Persistent link: https://www.econbiz.de/10011260005
This empirical study assesses the impact of specific regulatory policy measures, adopted in the Greek wholesale electricity market during the period 2004-2011, on the Day-Ahead Market Price. We consider an ARMA-GARCH model extended to include dummies and other exogenous variables that affect...
Persistent link: https://www.econbiz.de/10011108715
?; (c) What are the determinants of migration?; (d) What is the impact of remittances on poverty, inequality, and … development?; and (e) What programs are implemented by the government to increase the benefits from remittances, and what can be …
Persistent link: https://www.econbiz.de/10005789231
The number of migrants from conflict regions in Africa has been increasing dramatically. The European Union shares dual responsibility for the continuing migration pressure: First, because they fostered over decades corrupt and autocratic regimes with dire disregard to principles of ‘good...
Persistent link: https://www.econbiz.de/10005789935
In this paper, we analyse the possible channels through which informality, remittances and migration could interact and … consequently affect growth in Mexico. In order to do so, we develop a simple endogenous growth model that allows for remittances … regarding the effects of the informal sector on economic growth. Moreover, thanks to globalization, migration and remittances …
Persistent link: https://www.econbiz.de/10005835875