Showing 1 - 10 of 44
assembly. Since 2005, however, they have had to compete in an open election where voters directly choose their preferred leader …
Persistent link: https://www.econbiz.de/10014512446
Urban India, particularly metros, is a major hotspot of air pollution with a PM2.5 concentration level ranging above the permissible limits defined by the WHO for most of the year. Unsurprisingly, special efforts have been made by the Government of India in recent years to improve air quality....
Persistent link: https://www.econbiz.de/10012795656
The Trans-Caspian International Transport Route (TITR), known as the Middle Corridor, is a multilateral institutional development linking the containerized rail freight transport networks of the People's Republic of China (PRC) and the European Union through the economies of Central Asia, the...
Persistent link: https://www.econbiz.de/10012545929
The member states of the European Union (EU) and the EU institutions have increasingly been using public-private partnerships (PPPs) to accelerate the development of (ambitious) trans-national infrastructure. This paper argues that in the EU (i) private sector partners remain risk-averse; and...
Persistent link: https://www.econbiz.de/10009011766
In this paper, we investigate to what extent sovereign stress and banking stress have contributed to the increase in the level and in the heterogeneity of non-financial firms' financing costs in the Euro area during the European debt crisis and how both have affected the monetary transmission...
Persistent link: https://www.econbiz.de/10011797419
This paper describes the institutional flaws that led to the euro crisis, assesses the institutional reforms that were put in place during and in the aftermath of the crisis, and evaluates the remaining fragilities of the architecture of the European monetary union. In mid-2017, growth in the...
Persistent link: https://www.econbiz.de/10011723767
The first decade of economic and monetary union in Europe (EMU) has been a huge success. EMU has significantly benefited its member countries and accelerated the European integration process. Imbalances within EMU - differences in growth, inflation, competitiveness, current account and budget...
Persistent link: https://www.econbiz.de/10003983128
This paper contrasts the United States (US) and European situations during the crisis and examines how much of the crisis has been imported by Europe from the US. The paper argues that Europe never had a chance to avoid contagion from the US. It also documents the relatively limited reaction of...
Persistent link: https://www.econbiz.de/10003983135
In recent years, extreme weather around the world due to climate change has occurred increasingly frequently, and countries globally have gradually realized the harm caused by global warming. All countries are also making efforts to promote less consumption of fossil fuel energy and the use...
Persistent link: https://www.econbiz.de/10014313473
The development of transport corridors and better trade facilitation enhance cross-border trade flows and stimulate economic integration via stronger regional cooperation. Against this backdrop, this paper intends to analyze the effect of trade facilitation indicators (TFIs) on trade flows in...
Persistent link: https://www.econbiz.de/10014512472