Schneller als vielfach erwartet findet die Weltwirtschaft den Weg aus der großen Krise. Dabei erweisen sich die asiatischen Staaten als besonders dynamisch. Amerika will durch eine Steigerung seiner Exporte Anschluss halten. Nach dem Scheitern der Doha-Runde stellt sich die Frage, ob bilaterale...

Based upon the sample of 419 MNCs' subsidiaries in Korea, we examined the country of origin effect in the choice of MNCs' HRM strategy: transplantation, localization, and mixed. A multinominal logit regression analysis showed that there is an important country of origin effect in the choice...

This paper examines the causal relationship between financial development, economic growth and financial crisis in the five Asian emerging economies (India, Indonesia, South Korea, Malaysia and Thailand) during the period 1982 to 2007. All of these countries are known as emerging economies with...

This study investigates the pro-poorness of income growth in Nigeria. Using nationally representative data for 1996 and 2004, overall income growth in Nigeria was found not to be pro-poor. The richer segments of the population appropriate greater share of benefits from economic growth. Household...

The paper investigates the relationship between external debt and economic growth, focusing on the role played by the policy and institutional framework. Results for a panel of 114 developing countries show that the debt-growth nexus depends on institutions and policies. The Debt-Laffer curve...

In the paper a growth model is developed which admits endogenous growth. Endogenous growth is due to simultaneous efficient accumulation of physical as well as human capital. In contrast to similar growth models, we assume that output can be transformed into either physical or human capital...

Of the world's 6.7 billion people (as of 2008), 1.3 billion lived on less than $1.25 Purchasing Power Parity dollars per person per day and another 1.7 billion lived on between $1.25 and $2.50 PPP dollars (Chen and Ravallion, 2012). The scourge of absolute economic misery among billions of the...