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In the aftermath of the 2008 global financial crisis, the implications of financial liberalisation for stability and economic growth has come under increased scrutiny. One strand of literature posits a positive relationship between financial liberalisation and economic growth and development....
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This study investigated the sustainability of global tourism in 163 countries for the period 2010 to 2015. Given the richness of the data-set, the data has been decomposed into 11 fundamental characteristics based on income levels, legal origins and openness to the sea. The empirical evidence...
Persistent link: https://www.econbiz.de/10012844923
This study investigates the effect of globalisation on governance in 51 African countries for the period 1996-2011. Four bundled governance indicators and four globalisation (political, economic, social and general) variables are used. The empirical evidence is based on Instrumental Variable...
Persistent link: https://www.econbiz.de/10012952087
We argue that there exists an indirect link between globalization and the knowledge economy of African countries in … which globalization influences ‘peace and stability' and peace and stability affects governance, and through governance the … peace and stability from globalization defined as trade are stronger than those of peace and stability resulting from …
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This study investigates the determinants of and persistence in access to weapons using a global sample of 163 countries for the period 2010 to 2015. The empirical evidence is based on Generalised Method of Moments (GMM). Hysteresis in access to weapons is consistently more apparent in countries...
Persistent link: https://www.econbiz.de/10012893640
Using cross-country differences in the degree of isolation before the advent of technologies in sea and air transportation, we assess the relationship between geographic isolation and financial development across the globe. We find that pre-historic geographical isolation has been beneficial to...
Persistent link: https://www.econbiz.de/10012945807