This paper examines panel evidence concerning the role of financial development in economic growth. I decompose the well-documented relationship between financial development and growth to examine whether financial development affects growth solely through its contribution to growth in factor...

This paper examines panel evidence concerning the role of financial development in economic growth. I decompose the well-documented relationship between financial development and growth to examine whether financial development affects growth solely through its contribution to growth in factor...

Am 27. und 28. April 1995 veranstaltete das ifo Institut zusammen mit der Bayerischen Industrie- und Handelskammer im Europäischen Patentamt in München ein Symposium zum Thema "Mobilisierung der bayerischen Wirtschaft für die Länder des Fernen Ostens". Es war vor allem das Ziel,...

The Republic of Moldova continues to swing between East and West, including in its intentions of economic integration. In this context, the paper argues the importance of the European vector of Moldova’s strategic orientation and acceleration; as a prerequisite of this process is considered...

The economic successes of China and India are viewed with admiration but also with concern because of the effects that the growth of these Asian economies may have on the Latin American and Caribbean (LAC) region. The evidence in 'China's and India's Challenge to Latin America' indicates that...

This paper considers ongoing and proposed reforms of the international financial system in light of Latin America's recent experience. Most proposals are based on one of three diagnoses: excessive capital flows, insufficient capital flows, and excessively volatile capital flows. While theories...

Проанализированы экономические связи Ростовской области с Турцией, дана оценка роли «турецкой составляющей» в социально-экономической системе региона....