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African Development,Partnership and Rationality Challenge:An Exposition

NWAOBI, GODWIN - Volkswirtschaftliche Fakultät, … - 2013

Since 1950s, most African nations have gained independence from their colonial powers. Fortunately, independence has brought many changes to these nations and these include multi-party democratic government and western education systems. Unfortunately, the Africa’s economy is the least...

Persistent link: https://www.econbiz.de/10011259767

Does finance cause growth? Evidence from the origins of banking in Russia

Berkowitz, Daniel; Hoekstra, Mark; Schoors, Koen - Siirtymätalouksien tutkimuslaitos, Suomen Pankki - 2012

strongly suggest that bank origins, political connections, and property rights are important determinants of effective finance. …

Persistent link: https://www.econbiz.de/10010545767

Financial Development and Economic Growth in Latin America: Is Schumpeter Right?

Bittencourt, Manoel - Verein für Socialpolitik, Ausschuss für … - 2011

In this paper we investigate the role of financial development, or more widespread access to all sorts of finance, in … and analysis, confirm the Schumpeterian prediction which suggests that finance authorises the entrepreneur to invest in …

Persistent link: https://www.econbiz.de/10009226352

The big China sell: UK cities need to hitch our supply to their demand to turn genteel decline into spurred growth

Frankal, Baron; Chan, Li-Hsia - In: Local Economy 26 (2011) 5, pp. 431-438

This article reflects on how UK cities are very slowly adapting themselves to the changing world where growth economies, and particularly China, the worldâ€™s second largest economy, have become the focus of global policy attention. Most UK cities, accustomed to a highly centralized state,...

Persistent link: https://www.econbiz.de/10009294325

Financial development and economic growth: evidence from West Africa

Ratsimalahelo, Zaka; Barry, Mamadou Diang - In: Economics Bulletin 30 (2010) 4, pp. 2996-3009

In this paper, we employ the Geweke (1982) decomposition method to examine the Granger causality between finance and … results show that:(1) finance leads economic growth in countries which have the common currency, (2) the reverse causation … sharing the common currency, (4) there is more instantaneous (contemporaneous) causality between finance and growth in WAEMU …

Persistent link: https://www.econbiz.de/10008692040

Financial Development and Economic Growth: A Meta-Analysis

Havranek, Tomas; Horvath, Roman; Valickova, Petra - Česká Národní Banka - 2013

. Studies that do not address endogeneity tend to overstate the effect of finance on growth. While the effect seems to be weaker …

Persistent link: https://www.econbiz.de/10010833294

Private borrowing during the financial revolution: Hoare’s Bank and its customers, 1702-1724

Temin, Peter; Voth, Joachim - Department of Economics and Business, Universitat … - 2005

The financial revolution improved the British government’s ability to borrow, and thus its ability to wage war. North andWeingast argued that it also permitted private parties to borrow more cheaply and widely.We test these inferences with evidence from a London bank.We confirm that private...

Persistent link: https://www.econbiz.de/10005704946

The scientist and the church

Nitzan, Jonathan; Bichler, Shimshon - Volkswirtschaftliche Fakultät, … - 2005

The April 21, 2005 issue of the LONDON REVIEW OF BOOKS carried a lead article titled ‘Blood for Oil?’ The paper is attributed to a group of writers and activists – Iain Boal, T.J. Clark, Joseph Matthews and Michael Watts – who identify themselves by the collective name ‘Retort.’ In...

Persistent link: https://www.econbiz.de/10005836969

Financing Technology: An Assessment of Theory and Practice

Scandizzo, Pasquale Lucio - Centro di Studi Internazionali Sull'Economia e la … - 2004

Financing technology poses a special challenge to economic institutions for several reasons. First, the uncertainty surrounding all the investment decisions is particularly acute and pervasive in the case of R&D, as well as developing and testing process and product innovation. Second, while the...

Persistent link: https://www.econbiz.de/10005795466

Overview of Economic Reforms and Outcomes, from <i>How China Grows: Investment, Finance, and Reform</i>

Riedel, James; Jin, Jing; Gao, Jian - Princeton University Press

relation between investment, finance, and growth in China, <i>How China Grows</i> dismisses this concern. James Riedel, Jing … development finance in general and in China's economic growth in particular--whether economists, political scientists, bankers, or …

Persistent link: https://www.econbiz.de/10005797562