Showing 1 - 10 of 33
extent of financial development as a transmission channel for mediating the "allocation puzzle" in capital flows. This puzzle … pertains to why capital seems to flow to economies with lower rather than higher productivity growth. We find that while …
Persistent link: https://www.econbiz.de/10014564120
Finance for micro, small, and medium-sized enterprises (MSMEs) has been a concern for all stakeholders including entrepreneurs, financial institutions, and government organizations. The key objective of the study was to identify various challenges faced by MSMEs in sourcing of finance during...
Persistent link: https://www.econbiz.de/10011522010
The People's Republic of China (PRC) has received enormous inflows of foreign direct investment (FDI) in recent years, including significant flows from Japan and the United States (US). We examine these investment flows in detail to gain perspectives on their relative importance for the three...
Persistent link: https://www.econbiz.de/10003901563
Population aging will be a major determinant of long-run economic development in industrial and developing countries. The extent of the demographic changes is dramatic in some countries and will deeply affect future labor, financial and goods markets. The expected strain on public budgets and...
Persistent link: https://www.econbiz.de/10003901593
foreign exchange reserves, utility-maximizing representative agents decide consumption, capital stock, and labor input, as … a permanent decline in consumption. However, when the tradable sector is capital intensive, the increase may enhance …
Persistent link: https://www.econbiz.de/10003982936
countries, especially emerging market ones, are to volatile capital flows as a result of global financial liberalization. …
Persistent link: https://www.econbiz.de/10003983276
In this paper I review the use of precautionary measures aimed at mitigating emerging markets' exposure to fragility associated with financial integration. The discussion draws possible lessons from the ongoing global liquidity crisis. The fear of losing international reserves (IR) constrained...
Persistent link: https://www.econbiz.de/10003928113
This paper investigates sources and determinants of foreign direct investment (FDI) flows to developing Asia using bilateral FDI flows for the period 1990-2005. The Triad (composed of Japan, EU, and the US) has accounted for about 35-40% of FDI inflows to developing Asia in recent years, with...
Persistent link: https://www.econbiz.de/10003855361
This study analyzes the determinants of stress in public-private partnerships (PPPs) in infrastructure investment. While project failures seldom occur, there are many stresses that hinder success. One of these is broad political risk: the prerogative of government executives to make sweeping...
Persistent link: https://www.econbiz.de/10003855481
Standard neoclassical theory predicts that capital should flow from rich to poor countries. However, Lucas (1990 …) points out that these capital flows are actually very modest, and nowhere near the levels predicted by theory. The People …’s Republic of China (PRC) now receives more foreign capital in the form of foreign direct investment (FDI) than any other country …
Persistent link: https://www.econbiz.de/10009379676