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One of the measurements of economic development in a country is the increase in the nation's level of capital stock. A developing nation may increase the amount of capital stock by incentivizing and encouraging capital inflows, and this is done more commonly through the attraction of foreign...
Persistent link: https://www.econbiz.de/10013012723
Commercial banks are major actors in the financial industry and the economy as a whole. Due to financial globalization which is simple terms can be defined as the free movement of capital and money, and the advent of the financial crisis of 2008, the world economy suffered financial turmoil....
Persistent link: https://www.econbiz.de/10013030086
Since the 2008 economic crisis, countries are finding it more difficult to balance the budgeted revenues with their national expenses. The situation is worse in developing countries. Taxes, as part of government revenues are therefore viewed as an important element to deal with the above...
Persistent link: https://www.econbiz.de/10013030999