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- Data from 135 countries covering five decades suggests that creditless recoveries, in which the stock of real credit does not return to the pre-crisis level for three years after the GDP trough, are not rare and are characterised by remarkable real GDP growth rates: 4.7 percent per year in...
Persistent link: https://www.econbiz.de/10010293559
In dieser Studie werden längerfristige Tendenzen im Zusammenspiel von Finanzsystem und realwirtschaftlicher Entwicklung in den USA und in Deutschland diskutiert. Mit dem Schlagwort der "Finanzialisierung" wird häufig ein allgemeiner Bedeutungsgewinn des Finanzsektors einer Volkswirtschaft...
Persistent link: https://www.econbiz.de/10010464398
This paper analyzes the distribution of real household incomes and consumption growth in Azerbaijan between 2004 and 2009. Decile-specific price deflators were used to calculate real incomes and consumption dynamics. The analysis, which was based on growth incidence curves, showed that economic...
Persistent link: https://www.econbiz.de/10011430859
Endogenous growth theory assigns an important role for entrepreneurship in the process of economic development. This paper sets to formally test the impact of entrepreneurship on economic growth. Entrepreneurship is represented by a number of proxy variables, whereas Total Factor Productivity is...
Persistent link: https://www.econbiz.de/10011430860
Europe trails the global frontier of productivity growth and the region's trend is sluggish. Much prospective economic growth for Europe is likely to come from AI and its adoption by European firms which is projected to shoot up the productivity trend. For such AI-generated growth to work, high...
Persistent link: https://www.econbiz.de/10014560197
Foreign subsidiary performance and market efficiency effects are estimated and confronted in this paper using a rich firm-level panel for Polish manufacturing. Besides estimating total factor productivity, other performance measures are calculated and contrasted such as labor productivity,...
Persistent link: https://www.econbiz.de/10011430827
Hochentwickelte Industriestaaten bedürfen permanenter Innovation, um weiterhin wachsen zu können. Nur dadurch ist es möglich, auf dem Weltmarkt Preise zu erzielen, die günstige Terms of Trade und ein hohes Lohnniveau ermöglichen. Die Förderung von Innovation wird damit zu einer zentralen...
Persistent link: https://www.econbiz.de/10011428777
The study intends to contribute to a better understanding of the interactions between criminality, economic performance and social cohesion. We try to achieve this aim by evaluating the existing economic and criminological research and by carrying out own empirical investigation on the basis of...
Persistent link: https://www.econbiz.de/10010300900
at kunne vurdere hvorvidt Iran er en rationel udenrigspolitisk aktør. Der arbejdes ud fra en rationalitetsforståelse med … fastslås, at Iran siden revolutionen - og i særdeleshed siden Khomeinis død - har vist sig som en rationel, pragmatisk … forholdet til Vesten fandt sted. Efter Bush-administrationens Iran som del af Ondskabens Akse i 2003, vendte denne udvikling …
Persistent link: https://www.econbiz.de/10010283052
This report offers a critical examination of Iran's influence in Afghanistan and Pakistan. Two points are made: that … Iran's top priority is its own regime's survival and its regional policies are directed by its national security concerns …. Secondly, that Iran's engagements in Afghanistan are clearly guided by the presence of the US. Iran's predominant interest is …
Persistent link: https://www.econbiz.de/10010283098