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Using a sample of 1154 European firms from 11 countries, we show that firm-levelexchange exposure for Eurozone and non-Eurozone … European firms has increased sincethe introduction of the euro, but this rise was smaller for Eurozone than non … Eurozone countries, so the advent of the euroappears to have been associated with a shift in exchange risk from systematic to …
Persistent link: https://www.econbiz.de/10009475709
The innovation process is a fundamental source of economic growth and recent research in urban economics and economic geography suggests that geographical proximity between innovators may be important to technological innovation. Many authors also claim that the rise of a knowledge-based economy...
Persistent link: https://www.econbiz.de/10009475924
Historically, in Spain and most European countries, forest fire budgets have never been subjected to an objective and rigorous economic analysis indicative of the returns on investments in fire management protection programs. Thus far we have witnessed expansive growth of costs without any...
Persistent link: https://www.econbiz.de/10009429502
ENGLISH ABSTRACT: Small and Medium Enterprises (SMEs) are regarded as core drivers of private sectordevelopment in many countries. By their nature, SMEs encounter enormous problems,ranging from usage of appropriate technology, access to raw materials, lack of skills, etc.However, access to...
Persistent link: https://www.econbiz.de/10009442065
ENGLISH ABSTRACT: Development Finance Institutions (DFIs) in South Africa can enhance their role as prime vehicles for the Government to achieve the social objectives of meeting the millennium goals. This can be achieved by ensuring that higher ratios of resources available to the DFIs are...
Persistent link: https://www.econbiz.de/10009442071
ENGLISH ABSTRACT: The traditional form of delivering infrastructure and services by government is fraught with problems. These include cost overruns, time overruns and neglect of maintenance resulting in dilapidated and aged infrastructure. Public-private partnerships (PPPs) are emerging as an...
Persistent link: https://www.econbiz.de/10009442075
ENGLISH ABSTRACT: Black Economic Empowerment (“BEE”) is an imperative economic tool that the South African government established to achieve its transformational objectives which are meant to grow the economy, decrease inequalities and create more job and business opportunities for the South...
Persistent link: https://www.econbiz.de/10009442080
ENGLISH ABSTRACT: This study examines whether there is a solution to the challenges being faced in the capitalmarkets in Zambia. Literature on how other countries have overcome these challenges isreviewed to determine whether there is a solution to these challenges. The study also testsfor the...
Persistent link: https://www.econbiz.de/10009442082
ENGLISH ABSTRACT: Infrastructure and related services are crucial for facilitating economic activities, creatingemployment opportunities and generating economic growth. The African continent has ahuge infrastructure gap estimated by the World Bank at US$75 billion per annum.However, the current...
Persistent link: https://www.econbiz.de/10009442114
ENGLISH ABSTRACT: It is a fact that development aid represents the single most important source of external finance for most developing countries. This study sought to answer an important question relating to whether aid has a positive impact on economic growth or not. There is much literature...
Persistent link: https://www.econbiz.de/10009442118