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The Threat of Capital Drain: A Rationale for Public Banks?
Hakenes, Hendrik; Schnabel, Isabel - 2006
This paper yields a rationale for why subsidized public banks may be desirable from a regional perspective in a financially integrated economy. We present a model with credit rationing and heterogeneous regions in which public banks prevent a capital drain from poorer to richer regions by...
Persistent link: https://www.econbiz.de/10010334086
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The threat of capital drain: a rationale for public banks?
Hakenes, Hendrik; Schnabel, Isabel - 2006
This paper yields a rationale for why subsidized public banks may be desirable from a regional perspective in a financially integrated economy. We present a model with credit rationing and heterogeneous regions in which public banks prevent a capital drain from poorer to richer regions by...
Persistent link: https://www.econbiz.de/10010264789
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The threat of capital drain : a rationale for public banks?
Hakenes, Hendrik; Schnabel, Isabel - 2006
This paper yields a rationale for why subsidized public banks may be desirable from a regional perspective in a financially integrated economy. We present a model with credit rationing and heterogeneous regions in which public banks prevent a capital drain from poorer to richer regions by...
Persistent link: https://www.econbiz.de/10010373500
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The Threat of Capital Drain: A Rationale for Public Banks?
Hakenes, Hendrik; Schnabel, Isabel - Max-Planck-Institut zur Erforschung von … - 2006
This paper yields a rationale for why subsidized public banks may be desirable from a regional perspective in a financially integrated economy. We present a model with credit rationing and heterogeneous regions in which public banks prevent a capital drain from poorer to richer regions by...
Persistent link: https://www.econbiz.de/10005612394
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The Threat of Capital Drain: A Rationale for Public Banks?
Hakenes, Hendrik; Schnabel, Isabel - Volkswirtschaftliche Fakultät, … - 2006
This paper yields a rationale for why subsidized public banks may be desirable from a regional perspective in a financially integrated economy. We present a model with credit rationing and heterogeneous regions in which public banks prevent a capital drain from poorer to richer regions by...
Persistent link: https://www.econbiz.de/10005614486
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The post-crisis sequencing of economic integration in Asia : trade as a complement to a monetary future
Plummer, Michael G. - 2007
Bilateral and regional cooperation initiatives in Asia have been growing in importance over the last five years.These accords span the real and financial sectors; rather than following the more typical pattern of "trade first,money later", recent policy initiatives involve the simultaneous...
Persistent link: https://www.econbiz.de/10011281489
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Privatization and Capital Accumulation : Empirical Evidences from Ethiopia
Selvam, Jesiah - 2016
This paper examines the connectivity between privatization and private capital accumulation. Many previous studies have … proved that privatization has had a direct and positive effect on capital accumulation through attracting private investment … privatization programme as a means of attracting a sizable investment including the foreign direct investment (FDI). We used data …
Persistent link: https://www.econbiz.de/10012747748
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Explaining Public Enterprise Privatization in the EU : A European or British Policy? (La Privatización de Empresas Públicas en la UE: ¿La Vía Británica o la Senda Europea?) (Spanis...
Clifton, Judith - 2010
This article seeks to identify the reasons behind the privatization programmes undertaken by governments of the … European Union (EU), particularly, the EU 15. The privatization of public enterprises was one of the most important economic … bibliography on the topic. Despite this, there remains a lack of consensus on the reasons why governments implemented privatization …
Persistent link: https://www.econbiz.de/10013143121
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Oligopolios mixtos, privatización e integración regional
Méndez Naya, José - In: El Trimestre Económico LXXV (3) (2008) 299, pp. 663-681
analyzes the effects on the relevant variables of both, privatization and regional integration processes. Particularly, from a … theoretical point of view, it is justified the empirical evidence that shows that regional liberalization and privatization of …
Persistent link: https://www.econbiz.de/10005009889
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Economic Integration and Privatization of Publicly-owned Firms
Ruiz, Bárcena; Carlos, Juan; Felipe, Garzón San; … - Departamento de Economía Aplicada III (Econometría y … - 2001
[EN] We analyse in this paper whether it should be the government of each country that decides whether to privatise a publicly-owned firm (non integration) or whether a supra-national authority should decide whether publicly-owned companies in the different countries should be privatised...
Persistent link: https://www.econbiz.de/10005518744