This paper investigates the convergence in real Gross Domestic Product (GDP) growth focusing on the impact of financial crises (i.e. banking crises, currency crises and debt crises) and nominal exchange rate regimes (i.e. fixed, intermediate and flexible) on convergence. To that end, we compute...

The government efforts to open FDI policies in certain sectors to 100 percent had provided significant increase in the growth of Foreign capital to India. Since 2014-15, there was a steady increase in the FDI inflows. But, since 2018-19, due to US-China trade war and other geo-political issues,...

Does the global economic crisis negatively impact the prospects of democratization around the world? This is a time-series, cross-national study that tests the effects of the economic meltdown on the level of democratization for new democracies around the world for 2007 to 2009. It tests...

Finanzkrisen verändern den Kapitalismus in besonderer Weise. Die aktuelle Krise zeigt, dass Finanzwirtschaft und Realwirtschaft Gefahr laufen, immer stärker entkoppelt zu werden. Diese Situation lässt die Finanzkrise beinahe zu einer Systemkrise werden. In Europa kommt ausserdem die Krise des...