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The process of "redefining" capitalism or reinterpreting capitalism ideologies in a modern context can reveal the virtues of classical economics and the ways they can help solve contemporary global problems. In Redefining Capitalism in Global Economic Development, Kui-Wai Li helps us reconsider...
Persistent link: https://www.econbiz.de/10012832354
established, and the society moves towards mass consumption. In a matured economy, generally government interventions are replaced …
Persistent link: https://www.econbiz.de/10012199154
The rapid growth in China's domestic investment in recent decades has generated a large appetite for global goods, including from sub-Saharan Africa (SSA). This paper estimates the impact of changes in China's investment growth on SSA's exports. Although risingtrading links with China have...
Persistent link: https://www.econbiz.de/10013060550
The current book introduces an analysis on trade impediments and structural deformities that shape current world commodities. The case study is that of Arabic countries which represent considerable percentage of world's total area, resources and geopolitical conception. However, they still...
Persistent link: https://www.econbiz.de/10013087349
This paper estimates the cash flow and real effects of currency mismatches generated by foreign-priced operations of French manufacturers. The value of transactions invoiced in foreign currencies is twice as sensitive to exchange rates as the value of transactions invoiced in the domestic...
Persistent link: https://www.econbiz.de/10012705025
Purpose - We investigate if financial development benefits from financial globalisation are questionable until certain thresholds of financial globalisation are attained. Design/methodology/approach - Financial globalisation is proxied with Net Foreign Direct Investment Inflows as a percentage...
Persistent link: https://www.econbiz.de/10011407934
Purpose - The issue of which financial initial conditions are necessary to materialize the benefits of financial globalization remains open to debate in the literature. In this paper, we try to put some empirical structure on the concept of financial threshold conditions in order to give...
Persistent link: https://www.econbiz.de/10011410072
Purpose - This study assesses the effect of time-dynamic financial globalisation uncertainty on financial development in 53 African countries for the period 2000-2011. Design/methodology/approach - Financial globalisation uncertainty is estimated as time-dynamic to capture business cycle...
Persistent link: https://www.econbiz.de/10011410631
Purpose – The issue of which financial initial conditions are necessary to materialize the benefits of financial globalization remains open to debate in the literature. In this paper, we try to put some empirical structure on the concept of financial threshold conditions in order to give...
Persistent link: https://www.econbiz.de/10013032587
motivated or otherwise, an increase in remittance flows leads to a decline in labor supply and an increase in consumption demand … also indicate that remittances improve households'welfare as they smooth income flows and increase consumption and leisure …
Persistent link: https://www.econbiz.de/10010292212