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While the Chinese government has increasingly emphasized greater development balance between the economy, society, and the environment, little is known regarding how the state’s economic policy uncertainty affects within-firm corporate social responsibility (CSR) disclosure over time. Based on...
Persistent link: https://www.econbiz.de/10013312127
This article examines the impact of China's subnational leadership rotations over the past two decades, with a focus on quantifying how such an institutional arrangement has affected the country's political and economic integration. Taking advantage of the annual government work reports at the...
Persistent link: https://www.econbiz.de/10013312169
Policy recommendations:• The Recovery and Resilience Facility (RRF), which makes up the bulk of the ‘Next Generation EU' plan, with 672.5 billion euros (€) in loans and grants (out of a total of €750 billion), has given new momentum to policy and political coordination in the EU. As...
Persistent link: https://www.econbiz.de/10013313517
This policy brief warns about the risks of discontinuing the policy responses to the COVID-19 crisis by pursuing exit strategies too early and/or too sharply. It outlines a comprehensive strategy for limiting such risks globally and offers an in-depth discussion of the European situation. Due to...
Persistent link: https://www.econbiz.de/10013313832
This study examines variations in Chinese citizens’ support for two starkly different economic governance approaches in contemporary China. It argues that support for the statist and regulatory forms of economic governance falls within a distinct societal cleavage between regime insiders and...
Persistent link: https://www.econbiz.de/10013314197
Economic policy uncertainty (EPU) raises risk premium and hampers the consumption and investment decisions and individual decision making is affected by the local culture to a certain extent. So there exist a relationship between EPU and culture but very little is known about it. Therefore, this...
Persistent link: https://www.econbiz.de/10013314198
In this paper, we argue that in a supply deficient situation, a vaccination strategy that makes use of an analysis of the different stages of the Covid waves and the pattern of their geographical spread can prove to be far more effective than the current non-transparent mechanism of interstate...
Persistent link: https://www.econbiz.de/10013314241
This paper identifies the sources of economic policy uncertainty in Nigeria and draw implications for Africa. The paper finds that economic policy uncertainty in Nigeria has many sources which are interlinked such as: unexpected and sudden central bank intervention; change in government policy...
Persistent link: https://www.econbiz.de/10013314404
This paper investigates the impact of economic policy uncertainty (EPU) on shadow banking. Using privately available data, I find shadow banks, on average, lose approximately $35 ($44) million in return (yield) due to heightened EPU. Moreover, the adverse effect of EPU is more substantial for...
Persistent link: https://www.econbiz.de/10013314637
The objective of this paper is twofold. Firstly, it identifies and categorizes the currency crises suffered by Argentina from 1825 to 2002. Secondly, it looks for regularities in the behaviour of key macroeconomic variables in the neighbourhood of crises by means of graphic analysis,...
Persistent link: https://www.econbiz.de/10013314661