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Financial crisis can trigger policy reversals, i.e. they can lead to a process of re- regulation of financial markets. Using a recent comprehensive dataset on financial liberalization across 94 countries for the period between 1973 and 2015, we formally test the validity of this prediction for...
Persistent link: https://www.econbiz.de/10012868012
Financial crisis can trigger policy reversals, i.e. they can lead to a process of re- regulation of financial markets. Using a recent comprehensive dataset on financial liberalization across 94 countries for the period between 1973 and 2015, we formally test the validity of this prediction for...
Persistent link: https://www.econbiz.de/10012022690
Literature on the international financial architecture suggests that financial crises have had profound effects on both the balance of power in the establishment of financial regulation, and the economic impact of regulation on countries and regulated entities. In this article, we seek to add to...
Persistent link: https://www.econbiz.de/10014173780
We study the United Nations Organization's Kyoto Protocol nations to address two questions. First of all, what are the environmental production efficiency rankings of these nations? Secondly, is there a relationship between a nation's ratification status and its environmental production...
Persistent link: https://www.econbiz.de/10014047375
Persistent link: https://www.econbiz.de/10014582555
Libor is arguably the world's most important number with more than USD 350 trillion of loans and financial contracts referencing this rate. Libor benchmark interest rates are being replaced with alternative reference rates (ARRs). There is no guarantee Libor rates will continue to be quoted...
Persistent link: https://www.econbiz.de/10012839385
The aim of this paper is to assess the impact of the quality of the Romanian governance process on the trade with EU countries between 2007 and 2018 using an augmented gravity model. The panel data method was used in order to cope with heteroskedasticity. The sample covers 12 years and includes...
Persistent link: https://www.econbiz.de/10012821313
The purpose of this paper is to examine the transition of economic freedom indexes themselves among countries in the world instead of their economic effect. The three central questions of this study are: Do economic freedom sub-indexes converge? Do some sub-indexes of economic freedom display...
Persistent link: https://www.econbiz.de/10012973393
Can nations be ranked on the quality of their elites? Elites are dominant coalitions possessing the strongest coordination capacity over a country's key resources. They run the highest impact business models, which can be value creating or value extracting. We aim to produce a political economy...
Persistent link: https://www.econbiz.de/10012825304
The Elite Quality Index for 2022 (EQx2022) is the third annual publication of the internationally comparative ranking of countries on ‘elite quality’. Its aim is to provide a unique dataset for academic research, original insight on the human and economic development trajectories of nations...
Persistent link: https://www.econbiz.de/10013291638