Showing 1 - 10 of 6,013
The recent Financial Crisis reminded us once again about the vulnerability of the global economy. Economists were forced to think about the effectiveness of their policies. During this period, many governments across the world had adopted fiscal measures to boost their local economies. The path...
Persistent link: https://www.econbiz.de/10013103242
It is well known fact that all good things, as also bad things, come to an end and business cycles pass through good and bad economic times. Economically 2010 was a year of transition from economic recession to recovery. Economies were improving in some countries and industries were showing...
Persistent link: https://www.econbiz.de/10013110884
Persistent link: https://www.econbiz.de/10013266146
investments. To explain this phenomenon, we develop a two-country model of rational bubbles with asymmetric degrees of financial … development. We show that financial globalization has a non-monotonic effect on (i) the existence condition of bubbles and (ii …) the effect of bubbles on economic growth. In particular, when domestic financial market is either well- or underdeveloped …
Persistent link: https://www.econbiz.de/10012822878
This paper presents an in-depth analysis of developments in the microfinance sector before and after the Lehman Brothers collapse in 2008 by comparing them with developments in traditional banking sectors of emerging market economies and developing countries. The findings indicate that...
Persistent link: https://www.econbiz.de/10008758753
Persistent link: https://www.econbiz.de/10003897896
Persistent link: https://www.econbiz.de/10009721636
Persistent link: https://www.econbiz.de/10008748914
Persistent link: https://www.econbiz.de/10009518497
Persistent link: https://www.econbiz.de/10014562670