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Emerging market economies were major beneficiaries of the economic boom before 2007. More recently, they have become victims of the global financial crisis. Their future development depends, to a large extent, on global economic prospects. Today the global economy and the European economy are...
Persistent link: https://www.econbiz.de/10008664983
The report analyses recent economic developments and short- and medium-term prospects of the countries of Central and Eastern Europe, Southeast Europe including Turkey, as well as Kazakhstan, Russia, Ukraine and China. Separate chapters present an overview of developments in the European Union's...
Persistent link: https://www.econbiz.de/10003858153
Emerging market economies were major beneficiaries of the economic boom before 2007. More recently, they have become victims of the lobal financial crisis. Their future development depends, to a large extent, on global economic prospects. Today the global economy and the European economy are...
Persistent link: https://www.econbiz.de/10013137442
Persistent link: https://www.econbiz.de/10011471917
We examine how the productivity of different industries changes over the course of a financial crisis by exploiting … cross firm, within industry differences in productivity resulting from the Asian financial crisis of 1997. We show that the … crisis coincided with dramatic changes in productivity patterns within the manufacturing sector and that many of these …
Persistent link: https://www.econbiz.de/10013057856
Economic growth of China and India has been extensively studied by researchers; however, most of the existing studies focused on growth trends. The aim of this paper is to identify the core sectors of both economies and impact of the Asian financial crisis 1997 and global financial crisis 2008...
Persistent link: https://www.econbiz.de/10013060095
Persistent link: https://www.econbiz.de/10009242213
Persistent link: https://www.econbiz.de/10008747919
Persistent link: https://www.econbiz.de/10001646281
-13 on firm-level productivity in France, Italy and Spain. We show that relying on a single break date in 2008 misses both …-level productivity negatively, high-leverage firms suffer more from financial constraints only in Italy, when they are relatively small … productivity …
Persistent link: https://www.econbiz.de/10013246463