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Starting with the year 2009, the European Union, as well as the rest of the world, was affected by the economic and financial crisis, and one of the effects reflected in the decrease of foreign direct investment (FDI) projects and also in the reduction of their host locations. Creating a healthy...
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Purpose – The purpose of this paper is to use the recent development in unit root tests and cointegration as applied to panel data and dynamic time series, to estimate the relationship between financial liberalization, financial development and growth. Design/methodology/approach – The paper...
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The rise of China is a major episode in world economic history. From the late 1970s, China pursued market …-oriented reforms and open policy. During the past two decades, China experienced extraordinary growth. Since 1978, GDP growth rates … (South Korea, Singapore and Hong Kong and Taiwan province of China) in their fast growing period. In a short span of time …
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This paper raises the question whether the current wave of macro-economic and structural reforms in Latin America should be viewed as a decisive change in the Continent's long-term development strategy or as part of but another stop-go cycle for which the Continent has been known in the past.
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Under the influence of national economic reform and development, China has changed the way that it finances healthcare … from a government-based system to a more market-oriented system. China has done this without a sophisticated healthcare …
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