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As a resilience enhancing practice, business continuity management (BCM) can play an important role in aiding preparation of the insurance industry for coping with the losses incurred by major discontinuity incidents: regardless of cause. Acknowledging the increasing frequency of unpredictable...
Persistent link: https://www.econbiz.de/10009437933
Media coverage of humanitarian crises is widely believed to influence charitable giving, yet this assertion has received little empirical scrutiny. Using Internet donations after the 2004 tsunami as a case study, we show that media coverage of disasters has a dramatic impact on donations to...
Persistent link: https://www.econbiz.de/10009476890
The objective of this chapter is to evaluate the theoretical debate on the choice of an exchange rate regime in light of the empirical evidence with a view to suggesting appropriate exchange rate regimes that are conducive for poverty reduction. Due to its obvious implications for poverty, the...
Persistent link: https://www.econbiz.de/10009481912
It seems there is a pessimistic view about the need and effectiveness of industry policy in an era of unprecedented globalization. The discussion about industry policy has been mostly on the fiscal, credit, and tariff measures, which are generally designed to favor particular activities....
Persistent link: https://www.econbiz.de/10009481925
benefits must be balanced against the expected political benefits of protectionism (and their associated welfare costs) when … biased toward protectionism, particularly if trade restrictions are a source of corruption incomes. This article explains the … sources of new appeals for protectionism, outlines the relationship with traditional producer protectionism and lays out the …
Persistent link: https://www.econbiz.de/10009443941
potential protectionism, the standard is useful in correcting the consumption externality in the domestic country. Protectionism …
Persistent link: https://www.econbiz.de/10009445585
Domestic technical measures such as SPS and TBTs can enhance import demand via information disclosure and quality improvement, or hamper foreign export supply via imposing sizeable compliance costs, or both. The traditional gravity equation model estimates the net effect of these measures on...
Persistent link: https://www.econbiz.de/10009445870
The theoretical debate over whether countries can and should set tariffs in response to the foreign export elasticities they face goes back to Edgeworth (1894). Despite the centrality of the optimal tariff argument in trade policy, there exists no evidence about whether countries actually...
Persistent link: https://www.econbiz.de/10009472549
Traditional economic wisdom claims that - while global economic integration is beneficial for economic performance - a country's trade specialization pattern has no impact on its economic performance. In this paper, we seek to cast doubt on this aspect of mainstream economics using a very...
Persistent link: https://www.econbiz.de/10009448494
Protectionism played a pivotal role in establishing and nurturing the growth of the Australian passenger motor vehicle … run, protectionism simultaneously led to an inefficient inward looking industry which could not compete against the …
Persistent link: https://www.econbiz.de/10009481988