This paper investigates the determinants of the institutionalisation of political risk assessment (IPRA) within publicly traded international firms in Jordan. The aim is to contribute to the development of IPRA theory by identifying indicators of institutionalisation; by describing and...

The aim of this research is to examine critically managerial practices of political risk assessment (PRA) in Jordan. In this research, unlike most recent studies, the managerial practices of risk assessment are examined within a firm-specific characteristics framework. In line with the research...

Im Jahr 1990 erlebte Japan eine nie gekannte Wirtschaftskrise. Binnen Jahresfrist verlor der Nikkei-Index über 40%. Die fallenden Börsen schlugen bis auf den Immobilienmarkt durch. Banken sperrten Kredite, Firmen mussten Insolvenz anmelden, Grundstückspreise fielen, bis sie 1996 in den...

This paper investigates how changes in fiscal policy can affect relative prices, optimal savings and steady state utility in a two-country, overlapping generations model of endogenous growth. We develop a simple model that combines Blanchard-type consumers with uncertain lifetimes, with an...

This thesis composes of four empirical studies with an attempt to assess the role of institutions as key determinant of cross-country development. We have unbundled the different facets of institutions, including the security of property rights, democracy, regulation and stability of monetary...