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To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10012882817
This paper examines the fiscal and monetary policy options available to China as a sovereign currency-issuing nation operating in a dollar standard world. We first summarize a number of issues facing China, including the possibility of slower growth, global imbalances, and a number of domestic...
Persistent link: https://www.econbiz.de/10013061076
This paper examines the fiscal and monetary policy options available to China as a sovereign currency-issuing nation operating in a dollar standard world. We first summarize a number of issues facing China, including the possibility of slower growth, global imbalances, and a number of domestic...
Persistent link: https://www.econbiz.de/10010228185
To date, government procurement has been effectively carved out of the main multilateral rules of the WTO system. This paper examines the systemic and other ramifications of this exclusion, from both an economic and a legal point of view. In addition to relevant elements of the WTO Agreements,...
Persistent link: https://www.econbiz.de/10010430680
Florian Dorn erstellte diesen Beitrag während seines Promotionsstudiums an der Universität München (LMU). Die Studie wurde im September 2020 abgeschlossen und von der Fakultät für Volkswirtschaftslehre als Dissertation angenommen. Die Dissertation trägt zur Empirie der Ökonomie des...
Persistent link: https://www.econbiz.de/10012807266
risk. This paper focuses on the transmission of sovereign risk to insurance companies as some of the largest institutional … investors in the sovereign bond market. We use a firm level panel dataset that covers large insurance companies, banks and non … reflected in current insurance regulation (incl. upcoming Solvency II in Europe). …
Persistent link: https://www.econbiz.de/10011373080
activity, including insurance. The European financial market is constantly adapting to the current challenges, which makes it …
Persistent link: https://www.econbiz.de/10014083205
This paper is the first to examine the effects of consolidation in the international insurance industry on the … strong positive relation between consolidation in the insurance industry and moderate systemic risk in the insurance and …-traditional financing activities, and diversification across insurance lines all add to the destabilizing effect of insurance consolidation …
Persistent link: https://www.econbiz.de/10013036587
insurance performance, and evaluate the forecasts from our model. We find that taking unobserved common factors into account …
Persistent link: https://www.econbiz.de/10013134544
While insurance plays an important role in the financial sector, it is often ignored in the financial development …-economic growth literature. This paper examines the relationship between insurance and economic growth via a global cross … positive relationship between economic growth and overall insurance, as well as more specifically for life and non …
Persistent link: https://www.econbiz.de/10013140037