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Review of "Emerging Markets Resilience and Growth Amid Global Turmoil by M. Ayhan Kose and Eswar S. Prasad"

Bora Durdu, C. - 2011

Emerging Markets Resilience and Growth amid Global Turmoil provides an excellent contribution to the literature. The book covers a variety of important topics on emerging market economies and offers invaluable information for a wide range of audience; from academics to policy makers as well as...

Persistent link: https://www.econbiz.de/10010500174

Emerging market economies and financial globalization: Argentina, Brazil, China, India and South Korea

Stanley, Leonardo - 2018

shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately …

Persistent link: https://www.econbiz.de/10011959540

Economic relations with regions neighbouring the euro area in the "Euro Time Zone"

Mazzaferro, Francesco; Mehl, Arnaud; Sturm, Michael; … - 2002

This paper reviews the economic, monetary and financial relations between the EU and the euro area and a set of countries in a broad set of neighbouring regions. The 80 or so countries are mostly classified as transition, emerging or developing economies and belong to four main regions: the...

Persistent link: https://www.econbiz.de/10011606159

A vision for IMF surveillance

Lavigne, Robert; Maier, Philipp; Santor, Eric - 2007

The ongoing review of the IMF, initiated in 2005 by Managing Director De Rato, presents an excellent opportunity to re-examine the role, functions and governance of the Fund. In particular, the objective, scope and conduct of IMF surveillance have been identified as a key area for renewal. In...

Persistent link: https://www.econbiz.de/10010279928

Transmission of the US subprime crisis to emerging markets: Evidence on the decoupling-recoupling hypothesis

Dooley, Michael; Hutchison, Michael - 2009

that were designed to, and would in fact, insulate them from adverse shocks from the rest of the world. These policies …

Persistent link: https://www.econbiz.de/10010287760

Responding to the global financial crisis: The evolution of Asian regionalism and economic globalization

Chin, Gregory - 2012

This paper examines the evolving dynamics between economic globalization and Asian regional interdependence, and asks … freefall at the world level, there emerged a second order response at the level of regional institutional building … integration and openness. The main policy findings are that Asia's future standing in an increasingly multi-centered world economy …

Persistent link: https://www.econbiz.de/10010397271

Entrepreneurs' acceptance of formal institutions: a cross-country analysis

Freytag, Andreas; Noseleit, Florian - 2009

Institutional settings and the resulting incentive structures are crucial for economic development. The type of entrepreneurial activity and the entrepreneurial effort are especially dependent on underlying incentive structures. We argue that institutions with better incentive structures for...

Persistent link: https://www.econbiz.de/10010266668

Size matters: Entrepreneurial entry and government

Aidis, Ruta; Estrin, Saul; Mickiewicz, Tomasz - 2010

We explore the country-specific institutional characteristics likely to influence an individual's decision to become an entrepreneur. We focus on the size of the government, on freedom from corruption, and on 'market freedom' defined as a cluster of variables related to protection of property...

Persistent link: https://www.econbiz.de/10010272659

Benefit or burden? Unraveling the effect of economic freedom on subjective well-being

Gehring, Kai - 2012

Does economic freedom increase the utility of an average citizen? Public choice theory in particular has emphasized the shortcomings of governments and voting processes, and the advantages of relying on markets and individual decision making. However, an increasing amount of people are refusing...

Persistent link: https://www.econbiz.de/10011422241

Explaining Reform Deadlocks

Heinemann, Friedrich - 2004

analysis, a reform event is quantified as a significant change of the Economic Freedom of the World indicator within a five …

Persistent link: https://www.econbiz.de/10010297364