Excessive concentration increases national risk in an uncertain world. This paper views economic and political … diversification as an essential aspect of national risk management aimed at promoting efficiency, growth, and welfare. The paper first … presents economic and political diversification side by side in a cross-country framework and discusses how they interact and …

-offs and write-downs, we examine the impact of loan portfolio sector concentration on credit risk. By controlling for common …

The CEMAC’s countries are characterized by a weak diversification of their products and exports. Their economic … period. Besides, it is evident from the macro-econometrics modelling that the most explanatory factors of the diversification … concentration. …

Does diversification of an economy improve the chances of democracy? This paper estimates the effect of export … diversification on democracy levels, using data from 143 countries. The endogeneity of diversification is addressed by using … diversification has a significant, positive effect on levels of democracy. This suggests that less concentrated economic power in a …

were empirically tested: 1) the dependence of the unemployment rate on the degree of concentration or diversification is … concentration or diversification on the level of unemployment depends on the time period. To test these hypotheses nonparametric …This paper is devoted to the study of diversification and specialization influence on one of the main indicators of …

were empirically tested: 1) the dependence of the unemployment rate on the degree of concentration or diversification is … concentration or diversification on the level of unemployment depends on the time period. To test these hypotheses nonparametric …This paper is devoted to the study of diversification and specialization influence on one of the main indicators of …

) abilities and on the sectoral concentration risk of a credit portfolio. In this paper, we examine in the first part if … increase of portfolio risk due to the higher sectoral concentration. If specialization is instead measured by distance measures …

participate in increased trend of internationalization, concentration and dislocation of traditional retail towards modern sale … forms, which have more subsidiaries. However, degree of concentration in some countries is still quite different. While just …