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Cost has a significant impact on competitiveness within the shipbuilding industry. In China, low costs have created favourable conditions for domestic shipyards competing in the international market. However, China's shipbuilders have been facing rising cost pressures in recent years, which may...
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In this paper we present, for the first time, the price formation of China's dry bulk carrier using vessel prices quoted by major Chinese shipyards in actual shipbuilding orders. This allows us to investigate the relationship of price and determinants in the Chinese shipbuilding industry by...
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Independently of the fact that the replacement of overtly authoritarian regimes in many African countries appeared to presage fundamental political change, a closer examination of democratic trends since the establishment of the African Union (AU) paints a less promising picture. In this paper,...
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two views. Property rights do affect development as suggested by the PoI. However, democracy is mainly an effect of …
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