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This book explores the relationship between families, firms, and regions and the extent to which these relationships contribute to regional economic and social development. Although family business participation in economic activities has been a common phenomenon since pre-industrial societies,...
Persistent link: https://www.econbiz.de/10014323772
Should the European Union grant state aid through an institution like the European Investment bank? This paper evaluates the efficiency of different measures for granting state aid. We use a theoretical model with firms that differ in their creditworthiness and compare different types of...
Persistent link: https://www.econbiz.de/10010264253
Should the European Union grant state aid through an institution like the European Investment bank? This paper evaluates the efficiency of different measures for grant-ing state aid. We use a theoretical model with firms that differ in their creditworthiness and compare different types of...
Persistent link: https://www.econbiz.de/10010264830
telecommunications industry. We analyse in particular the role of the WTO agreement in furthering liberalization around the world, and …
Persistent link: https://www.econbiz.de/10010295489
The General Agreement on Trade in Services (GATS) is broader in policy coverage than conventional trade agreements for goods and, at the same time, offers governments more flexibility, in various dimensions, to tailor their obligations to sector- or country-specific needs. An overview of...
Persistent link: https://www.econbiz.de/10010326732
While the traditional approach to the adjustment of international imbalances assumes industrialized countries at a similar level of development and with similar production structures, such imbalances have historically been the result of a process of catching up by late-industrializing developing...
Persistent link: https://www.econbiz.de/10010266490
Even though the sector of Non-bank financial intermediaries (NBFI) or shadow banks represent a large part of the contemporary financial system, these institutions received almost no attention in macroeconomic studies so far. Their presence has significant influence on the conduct of monetary...
Persistent link: https://www.econbiz.de/10010334475
Der Vorwurf von Globalisierungsgegnern, der IWF und die Weltbank trügen einen wesentlichen Teil der Verantwortung für weltweite Armut und gehäufte Finanzkrisen, ist nicht haltbar. Der Einfluss der Bretton- Woods-Institutionen auf die Wirtschaftspolitik und die wirtschaftliche Entwicklung...
Persistent link: https://www.econbiz.de/10010295026
Das Papier untersucht die Rolle von IWF, Weltbank und WTO und ihre Arbeitsteilung. Ich diskutiere die Gründe für ihre Existenz und ihre ursprünglichen Aufgaben und frage, inwieweit es ihnen gelungen ist, sich den veränderten Bedingungen und ihren neuen Aufgaben anzupassen....
Persistent link: https://www.econbiz.de/10010295327
The World Bank is a prestigious and large international financial institution. Since its foundation it has widened the … scope and the size of its activities. One interpretation of what the World Bank is doing is the provision of public goods … more and more the functions of a world government in the making. An alternative interpretation would look at the World Bank …
Persistent link: https://www.econbiz.de/10010295425