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. Finally capitalism no longer works if it cannot solve the excesses of unemployment as are happening in some Eurozone countries. …
Persistent link: https://www.econbiz.de/10011107559
The paper focuses on empirical analysis of major factors that determine innovation activities of Russian manufacturing firms during the crisis. We presume that the crisis has ambiguous effects on firms' behaviour, on one hand limiting their financial capabilities to invest into new products...
Persistent link: https://www.econbiz.de/10013082604
Agency-based explanations of the great deprivation, contrasted with structure-based explanations, suffer not merely from the criticism of relying on irrational and irresponsible behavior of millions, including that of the most astute financial experts, but are also at a loss to explain why such...
Persistent link: https://www.econbiz.de/10005619598
results from the relevant literature and promote discussion on how financial and economic developments in China in recent …
Persistent link: https://www.econbiz.de/10011108104
implications are (b) the emergence of a new social formation that may be called World Market Capitalism, which has a vastly …
Persistent link: https://www.econbiz.de/10008596380
As China's economy grows and matures, is it developing institutional patterns that resemble those of other wealthy … evidence across countries and time, I then draw implications for China. I find that China resembles continental European … capitalism far more than Anglo-American capitalism, and that it is likely to remain this way for the foreseeable future. …
Persistent link: https://www.econbiz.de/10005835604
The most recent crisis prompted regulatory authorities to implement directives prescribing actions to resolve systemic banking crises. Recent findings show that government intervention results in only a small proportion of bank recoveries. This study examines the reasons for this failure and...
Persistent link: https://www.econbiz.de/10011271681
In our paper we analyze the heterogeneity between various business models among systemically important banks in 65 countries over the period of 2000-2012. For the first time, we are able to identify true banking strategies consisting of different combinations of bank asset and funding sources...
Persistent link: https://www.econbiz.de/10011272695
This paper attempts to explore a new dimension of India’s ‘finance-growth-crisis’ nexus. For this end, the summary indicators of financial development, financial crisis and financial repression are created through the principal component approach, and we perform the cointegration and...
Persistent link: https://www.econbiz.de/10011258602
Citizens of Southern Europe have been presented by the German media and politicians as lazy and work aversive. First, it is checked whether and to what extent those characterizations do reflect reality, and then, in view of the Greek economic crisis, it is shown that crises and not laziness...
Persistent link: https://www.econbiz.de/10011258684