Showing 1 - 10 of 367
Purpose – This paper aims to analyze how financial system turmoil affected unemployment in industrial countries during …, during the sample period, financial market turmoil had only moderate adverse effects on unemployment. Stress in the banking … sector and stress in foreign exchange markets were particularly likely to increase unemployment, although the relevant …
Persistent link: https://www.econbiz.de/10014863295
The Ds:Sharp economic downturns follow banking crises; with government revenues falling, fiscal deficits worsen; deficits lead to debt; as debts pile up rating downgrades follow.For the most fortunate countries it does not end in default.
Persistent link: https://www.econbiz.de/10015360097
This article analyzes the costs and benefits of different degrees of competition and different configurations of permissible activities in the financial sector and discusses the related implications for regulation and supervision. Theory and experience demonstrate the importance of competition...
Persistent link: https://www.econbiz.de/10015361024
Purpose – The purpose of this paper is to assess the impact of financial crises on the youth unemployment rate (YUR … unemployment. The inclusion of many control variables – including in particular GDP growth – does not change the sign and …‐to‐work transition institutions are particularly needed to reduce the risk of persistence and structural (long‐term) unemployment, since …
Persistent link: https://www.econbiz.de/10014783454
Twelve years ago, when I was chief economist of the World Bank, I suggested that the major challenge to development economics was learning the lessons of the previous several decades: a small group of countries, mostly in Asia, but a few in other regions, had had phenomenal success, beyond...
Persistent link: https://www.econbiz.de/10015361175
Purpose – The purpose of this study is to investigate the technical, marketing, and cultural differences between virtual communities in an industrially developing country, i.e. Bangladesh, and an industrially developed country, i.e. the USA. Design/methodology/approach – A total of 33...
Persistent link: https://www.econbiz.de/10014674596
The offshore migration of fashion manufacturing from established markets to offshore countries, and the increasingly complex nature of fashion consumption has played a crucial role in transforming the way fashion is perceived in the contemporary world. Globalisation of the fashion industry has...
Persistent link: https://www.econbiz.de/10014722187
Purpose – The purpose of this paper is to establish a model to study the determinants of financial flows, portfolio and foreign direct investment (FDI) flows, and the impact of these determinants on economic variables in samples of developing and advanced countries. The analysis then turns to...
Persistent link: https://www.econbiz.de/10014768773
Purpose – The paper aims to highlight the extent to which the institutional context of a country can inhibit entrepreneurial activity in clusters. Design/methodology/approach – Case study method employing exploratory survey questionnaire and interviews administered to 78 firms in the Denizli...
Persistent link: https://www.econbiz.de/10014788095
Purpose – To apply the Porter “Diamond Model” to the case of Armenia, a small and land‐locked economy, in order to draw conclusions about its current situation, future prospects and appropriate development policies. Design/methodology/approach – The paper analyses the shape of the...
Persistent link: https://www.econbiz.de/10014788096