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Persistent link: https://www.econbiz.de/10005013157
This paper uses firm-level data from the Business Environment and Enterprise Performance Surveys to study the process of convergence of transition countries with developed market economies. The study focuses on competition and market structure, finance and the structure of lending to firms, and...
Persistent link: https://www.econbiz.de/10005106885
Persistent link: https://www.econbiz.de/10005013195
Persistent link: https://www.econbiz.de/10005056457
from the World Bank's Enterprise Surveys, we econometrically test the hypothesis that pre-crisis innovation affected their … survival odds and performance thereafter. Overall, the results indicate that the innovation-survival connection holds … consequences. If appetite for risky innovation is sociably desirable and the crisis weeds out viable businesses, including those …
Persistent link: https://www.econbiz.de/10011093663
This paper examines the impact of the recent global crisis on emerging market economies (EMs). Our cross-country analysis shows that the impact of the crisis was more pronounced in those EMs that had initial weaker fundamentals and greater financial and trade linkages. This effect is observed...
Persistent link: https://www.econbiz.de/10008727798
This article argues that the recent financial crisis was caused largely by the long-term problem of the current world …
Persistent link: https://www.econbiz.de/10008563579
This article argues that the recent financial crisis was caused largely by the long-term problem of the current world …
Persistent link: https://www.econbiz.de/10005048915
This paper investigates the medium- and long-term growth effects of the global financial crises on Low-Income Countries (LICs). Using several methodological approaches, including impulse response function analysis, growth spells techniques and panel regressions, we show that external demand (ED)...
Persistent link: https://www.econbiz.de/10008671308
Savers, including pension savers, convert savings into assets: homes,government bonds and shares.The conversion of savings is for the very long term. Once monies are turned into assets, the reverse process of turning assets into cash cannot be achieved by all savers together. Unavoidably some...
Persistent link: https://www.econbiz.de/10011111570