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This paper examines domestic and external financial constraints on development in the Maghreb region and proposes policy recommendations to alleviate them. In contrast to the IMF-monterrey consensus view on finance for development, it is argued that financial liberalization and the privatization...
Persistent link: https://www.econbiz.de/10008592599
Persistent link: https://www.econbiz.de/10014303087
The creation of credit markets in poor countries is a crucial factor for their development. If well put into practice, people would be able to improve their quality of life. With the suitable support they will become educated and that will allow them to enlarge their business, to think by...
Persistent link: https://www.econbiz.de/10005041013
spending aid money well in Pakistan. [CGD Essay]. …
Persistent link: https://www.econbiz.de/10008671987
The use of mobile banking is an increasingly important component of national and regional economic development in Southern Africa. Mobile banking can help bring the large unbanked population into the formal financial sector, and can facilitate cross-border trade by easing the difficulty for...
Persistent link: https://www.econbiz.de/10008837681
strategy is linked to transnational territorial cooperation, especially through its third objective, aiming at inclusive growth … research tools of the TERCO Project, which stands for 'European Territorial Cooperation as a Factor of Growth, Jobs and Quality …
Persistent link: https://www.econbiz.de/10011340715
The proportion of foreign-born people in rich countries has tripled since 1960, and the emigration of high-skilled people from poor countries has accelerated. Many countries intensify their efforts to attract and retain foreign students, which increases the risk of brain drain in the sending...
Persistent link: https://www.econbiz.de/10011404860
We analyze 1334 estimates from 67 studies that examine the effect of financial development on economic growth. Taken …. Studies that do not address endogeneity tend to overstate the effect of finance on growth. While the effect seems to be weaker … economic growth than other financial intermediaries. We find no evidence of publication bias in the literature. …
Persistent link: https://www.econbiz.de/10010322263
developing countries situated in the wider context of the world economy. It examines the possible impact of their rapid growth on … migration. The essential question is whether, in times to come, these four countries could be the new engines of growth for the … world economy. The answer is that rapid growth in China already supports growth elsewhere, so far primarily as a market for …
Persistent link: https://www.econbiz.de/10010323529
, and (iii) productivity and growth, relative to the contributions of the entrepreneurs’ counterparts, i.e., the ‘control … very important—but specific—function in the economy. They engender relatively much employment creation, productivity growth … studies show that entrepreneurial firms produce important spillovers that affect regional employment growth rates of all …
Persistent link: https://www.econbiz.de/10010325306