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This article seeks to give impetus to a movement toward creating a “nutcracker” for security of payment which is applicable (and acceptable) internationally. The article recognises that forging an international consensus on a set of model provisions for security of payment would undoubtedly...
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The global transition towards sustainable, secure, and affordable electricity supply is driving changes in the consumption, production, and transportation of electricity. This paper shows the different policy aims that are promoted with smart grids in Europe, the United States, and China. In all...
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Information and Communications Technology (ICT) infrastructure and services are necessary to spur economic growth especially in the digital age. The comparative advantage enjoyed by the Philippines in specific ICT and ICT-enabled services indicate the availability of competitive ICT to support...
Persistent link: https://www.econbiz.de/10011994501
In this paper, we discuss whether and how bank lobbying can lead to regulatory capture and have real consequences through an overview of the motivations behind bank lobbying and of recent empirical evidence on the subject. Overall, the findings are consistent with regulatory capture, which...
Persistent link: https://www.econbiz.de/10012103556
regulation on the probability of a crisis. We test this relationship by applying a Probit model of a non-linear specification to …: it rises as regulation stringency moves from low to medium levels and falls from medium to high levels. Countries located …
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Fintech has increasingly become part of the global economy with the evolution of technology, increasing investments in fintech firms, and greater integration between traditional incumbent financial firms and fintech. Since the 2007-2009 financial crisis, research has also paid more attention to...
Persistent link: https://www.econbiz.de/10012219547