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openness and natural resource rent. As such, we extend the determinants of dollarization to capture these variables. A dataset … to the increasing rate of dollarization. Specifically, it was found that trade openness and financial liberalization are …
Persistent link: https://www.econbiz.de/10011596369
Financial dollarization in Sub-Saharan Africa is the most persistent compared to other regions of the world. This study complements the existing scant literature on dollarization in Africa by assessing the role of information sharing offices (public credit registries and private credit bureaus)...
Persistent link: https://www.econbiz.de/10011596384
This paper analyses the relationship between openness to trade and wages at the industry level (15 manufacturing …
Persistent link: https://www.econbiz.de/10011605290
The role of regulatory quality as one of the so-called deep determinants of growth has emerged as an important issue in economic research in the past 20 years. The positive or negative growth effects of a country´s regulatory framework are amplified by economic integration, which makes factors...
Persistent link: https://www.econbiz.de/10011301335
The literature has identified that countries with higher levels of openness tend to present a larger government sector … as a way to reduce the risks to the economy that openness entails. This paper argues that there are a number of policies … between openness and the size of government might be mediated by the quality of its public sector. While countries with weak …
Persistent link: https://www.econbiz.de/10011314159
As a prerequisite of an appropriate anti-terror strategy, it is indispensable to assess the underlying causes of terror. We examine social and economic conditions in the country of origin of terrorist attacks, claiming that low opportunity costs of terror, e.g., approximated by slow growth and...
Persistent link: https://www.econbiz.de/10011335392
This paper integrates a previously missing wealth-effect component in the openness-finance debate. From a panel of 29 … low and middle income African countries with data spanning from 1987 to 2008, we provide evidence that openness (trade and … economic cost of banks in sampled countries, with trade openness more detrimental than financial openness. Banks in middle …
Persistent link: https://www.econbiz.de/10011390762
in the inequality and growth literature. These include growth, openness, wages, and liberalisation. We review the …
Persistent link: https://www.econbiz.de/10010262079
This paper investigates the impact of openness to trade and higher levels of human capital on the economies of some … MENA countries. To answer the question: whether either human capital or openness can be shown to cause productivity, we use … show a significant impact of openness on productivity growth. We find also an effect, significant at the ten per cent level …
Persistent link: https://www.econbiz.de/10010262187
Defensive innovations in developed countries can explain the empirical phenomenon that openness towards trade with less …
Persistent link: https://www.econbiz.de/10010262794