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This paper describes the impact of the global crisis on China, the central and local level government responses and preferences it triggered as well as the consequences these reactions had on national and regional levels. It focuses on the immediate economic and general systemic reasons of the...
Persistent link: https://www.econbiz.de/10009741334
We start out from the hypothesis that limited government leads to low uncertainty and low transaction costs. If political institutions affect the degree of uncertainty and transaction costs, we formally show they should affect the steady state level of income per capita. The impact of...
Persistent link: https://www.econbiz.de/10005668472
Hungarian Abstract: A 2008-as évhez kötődő pénzügyi és gazdasági válság számos szabályozási kérdést vetett fel világszerte. Természetes reakcióként a jogalkotók a pénzügyi piacok egyes intézményeire, illetve azok egyes szereplőire vonatkozó szabályok gyors...
Persistent link: https://www.econbiz.de/10013043397
Focusing more on the evolution of the Romanian external trade and FDI inflows after 2007 - the year of Romania's EU … integration - the paper provides insights in the trade and FDI inflows determinants in the context of the convergence process and … over the period 2000-2010, and there were also large FDI inflows in the economy, mostly until 2008. Although the data …
Persistent link: https://www.econbiz.de/10009650791
This paper examines the major economic and institutional factors underlying the surge in foreign direct investment (FDI … changes in the institutional-legal status of foreign capital are, in large measure, responsible for the rapid increase in FDI … in FDI inflows to the country. Finally the paper addresses the long-term negative effects that rapidly growing profit and …
Persistent link: https://www.econbiz.de/10005641776