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Purpose – The purpose of this paper is to determine whether current account imbalances – surpluses or deficits – are “excessive” and hence constitute a valid concern. The second objective is to assess the degree of capital mobility by comparing the variance of the current account...
Persistent link: https://www.econbiz.de/10014863327
Purpose – This paper aims at providing a new point of view in the comparison between the sectoral specialization of Italian firms and that of companies of some emerging countries, both apparently concentrating on so‐called traditional sectors. What is argued in this paper is that, even if...
Persistent link: https://www.econbiz.de/10014930823
. Further, appropriate staffing, network enhancement, risk management, and circumspect estimation are some of the suggestions to …. This is a critical issue as it often connects to the main objectives of any project. However, accurate estimation at the … beginning of the project is difficult. Scholars argue that project complexity is a major contributor to cost estimation …
Persistent link: https://www.econbiz.de/10014677838
Purpose – The purpose of this paper is to examine if the simultaneous openness to trade and capital account can promote financial sector development. Design/methodology/approach – Based on a sample of 12 Arab countries over the period from 1985 to 2011, the data were analyzed using the...
Persistent link: https://www.econbiz.de/10014729723
Purpose This paper aims to examine the accuracy of the trade statistics between the People’s Republic of China and 20 Latin American countries: Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Cuba, Dominican Republic, Ecuador, El Salvador, Guatemala, Haiti, Honduras, Mexico,...
Persistent link: https://www.econbiz.de/10014847704
Zusammenbruch in den 70er und 80er Jahren mit Hilfe der neoklassischen Theorie zu erklären. Die alte und neue Institutionenökonomik …
Persistent link: https://www.econbiz.de/10014608780
Abstract The paper investigates the impact of automatic horizontal fiscal transfers on risk sharing and consumption … transfers, but also suggest a significant degree of crowding-out of alternative risk sharing channels. Consequently, net …
Persistent link: https://www.econbiz.de/10014609634
Microfinance supports mainly informal activities that often have a low return and low market demand. It may therefore be hypothesized that the aggregate poverty impact of microfinance is modest or even nonexistent. If true; the poverty impact of microfinance observed at the participant level...
Persistent link: https://www.econbiz.de/10015360503
The 1990s have witnessed several financial crises, of which the East Asia and Mexico tequila crises are perhaps the most well known. What impact have these crises had on labor markets, household incomes, and poverty? Total employment fell by much less than production declines and even increased...
Persistent link: https://www.econbiz.de/10015361036
countries in other parts of the world. These lessons relate to changes in labor market incentives accompanying reforms and how …
Persistent link: https://www.econbiz.de/10015361127