Showing 1 - 10 of 867
The world economy has experienced four global recessions over the past seven decades: in 1975, 1982, 1991, and 2009 … internationally, with severe economic and financial disruptions in many countries around the world. The 2009 global recession, set off …
Persistent link: https://www.econbiz.de/10012840241
In spite of the United States' recovery, most Caribbean nations are still struggling in the aftermath of the 2007?08 global financial crisis. This paper examines this slow growth recovery through the analysis of how the Caribbean's growth relates to that of key drivers of the global economy. The...
Persistent link: https://www.econbiz.de/10012970171
Using a data set covering about 277,000 firms across 79 countries over the period 2004-11, this paper examines the evolution of firms' capital structure during the global financial crisis and its aftermath in 2010-11. The study finds that firm leverage and debt maturity declined in advanced...
Persistent link: https://www.econbiz.de/10012970413
economic effects. The financial crisis that hit the world economy in 2008-2009 has transformed the lives of many individuals … financial system continue around the world, the challenge for policy makers is to incorporate the lessons from the failures to …
Persistent link: https://www.econbiz.de/10012973780
The financial crisis arose in the industrial countries, but has affected developing countries through higher interest rates, sharp changes in commodity prices, and reductions in investment, trade, migration and remittances. For most low-income countries, shocks that affect food prices or wage...
Persistent link: https://www.econbiz.de/10012976362
regional-level factors influencing the business environment in Russia and, more specifically, conditions that favor the … informal rules, norms, and agreements for the regional-level business environment in Russia, the paper uses proxy variables … reveal that, at least in case of Russia, juxtaposing the state and business actors as separate and opposed to each other may …
Persistent link: https://www.econbiz.de/10012972727
Financial crises can happen for a variety of reasons: (a) nobody really understands what is going on (the collective cognition paradigm); (b) some understand better than others and take advantage of their knowledge (the asymmetric information paradigm); (c) everybody understands, but crises are...
Persistent link: https://www.econbiz.de/10012976223
This paper uses a regression discontinuity design to study the effect of Poland's In-Tech program on innovation activities. The analysis focuses on a component of the program that provides grants to projects that are carried out by consortia of firms and research entities. Data from a 2016...
Persistent link: https://www.econbiz.de/10012965887
This paper considers institutional and structural factors associated with investment activity in a panel of up to 129 developed and developing countries. It introduces these factors to a standard neoclassical investment function for open economies, and find that financial development and...
Persistent link: https://www.econbiz.de/10012974036
government effectiveness in Russia than in Canada, a country with a comparable resource endowment but far better overall …
Persistent link: https://www.econbiz.de/10012975086