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A sound and efficient financial system is an indispensable ingredient of economic growth. It consists primarily of banks and capital markets, which channel savings into investments and other productive activities that contribute to economic growth and augment the economy's productive capacity....
Persistent link: https://www.econbiz.de/10011305264
The central objective of our paper is to empirically examine the relationship between financial development and income inequality. Theoretically, there are grounds for both a positive and negative relationship between the two variables. Our main finding is that financial development contributes...
Persistent link: https://www.econbiz.de/10011305273
Persistent link: https://www.econbiz.de/10011833393
A sound and efficient financial system is an indispensable ingredient of economic growth. It consists primarily of banks and capital markets, which channel savings into investments and other productive activities that contribute to economic growth and augment the economy's productive capacity....
Persistent link: https://www.econbiz.de/10013002511
We examine the role of governance and vulnerability to climate change in green growth using a global panel data set of … vulnerability to climate change has a negative effect. This suggests that promoting good governance and reducing climate change …
Persistent link: https://www.econbiz.de/10011579718
The authors examine the role of governance and vulnerability to climate change in green growth using a global panel … dataset. They find that governance has a positive effect on environmental performance and vulnerability to climate change has … a negative effect. Promoting good governance and reducing climate change vulnerability can thus contribute to a cleaner …
Persistent link: https://www.econbiz.de/10011632686
We examine the role of governance and vulnerability to climate change in green growth using a global panel data set of … vulnerability to climate change has a negative effect. This suggests that promoting good governance and reducing climate change …
Persistent link: https://www.econbiz.de/10012966140
The insulating properties of flexible exchange rates have long been a highly contentious issue in emerging markets - not least in Asian emerging markets. A number of recent theoretical and empirical studies question whether a trade-off exists between rigid exchange rate regimes and insulation...
Persistent link: https://www.econbiz.de/10012171308