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Persistent link: https://www.econbiz.de/10012695203
Corporate governance distortions delay or even halt a country's transformation into a modern innovation economy. We investigate the mechanism through a growth model that allows for agency issues within firms. Governance distortions raise the cost of investment and depress the incentives to set...
Persistent link: https://www.econbiz.de/10012125479
Persistent link: https://www.econbiz.de/10012233688
sources of institutional trajectories of economic development in China, Japan, and Korea. It stylizes the Malthusian-phase of … states of Qing China, Tokugawa Japan, and Yi Korea by focusing on the way in which agricultural taxes were enforced. It also …
Persistent link: https://www.econbiz.de/10010397352
to Brazil, China, Japan, and the U.S.. The period under study is 1980 to 2001 and we distinguish in our analysis between …
Persistent link: https://www.econbiz.de/10010291869
China or Japan, has no predictable effect on its trade surplus. Currency appreciation by the creditor country will slow its …-growth and low-growth economies, as between Japan and the U.S. from in 1950 to 1971 and China and the U.S. from 1994 to 2005 … growth. The qualified case for China moving toward greater flexibility in the form of a very narrow band for the yuan …
Persistent link: https://www.econbiz.de/10010297476
For creditor countries on the periphery of the dollar standard such as China with current account surpluses, foreign … the (incipient) deflation that China now faces. It could create a zero-interest liquidity trap in financial markets that …
Persistent link: https://www.econbiz.de/10010297543
Weltweit werden etwa 3 Billionen US-Dollar staatlicher Hilfen ausgegeben, um den Absturz der Weltwirtschaft abzubremsen. Dieser Nachfrageschub von 4,7 Prozent des Welteinkommens hat zuallererst die Aufgabe, die Spirale gestrichener Investitionspläne, reduzierter Produktion, gesunkener...
Persistent link: https://www.econbiz.de/10010300031
Complementarities and Economic Performance in China. A "Varieties of Capitalism" Approach', 'The Current State of Research on Networks … in China's Business System', 'Recent Changes to Korea's Innovation Governance', 'Standardization and Institutional …
Persistent link: https://www.econbiz.de/10010302335
Bundesland Nordrhein-Westfalen (NRW) und den asiatischen Ländern VR China, Japan und Vietnam dar. Das Gutachten wurde im Sommer … Themen: · Direktkontakte NRW und VR China: Bilaterale Entwicklungszusammenarbeit. · Direktkontakte NRW und VR China …
Persistent link: https://www.econbiz.de/10010302337