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We identify structural breaks in economic growth in 140 countries and use these to define growth spells: periods of high growth preceded by an upbreak and ending either with a down break or with the end of the sample. Growth spells tend to be shorter in African and Latin American countries than...
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This paper presents new evidence on the patterns of cyclicality in the fiscal policy stance of developing and industrialized countries over a period of more than three decades covering 180 countries during 1980?2012. First, the paper considers issues of robustness in the choice of the proxy for...
Persistent link: https://www.econbiz.de/10012971636
Ethiopia has experienced a growth acceleration over the past decade on the back of an economic strategy emphasizing public infrastructure investment and supported by heterodox macro-financial policies. To analyze the country?s growth performance during 2000?13, the paper employs a neoclassical...
Persistent link: https://www.econbiz.de/10012971637
This paper concerns the issue of the financial sustainability of a corporation within the conditions of risks and … opportunities. The paper also sheds light the possibilities of bankrupt corporations. The financial sustainability issue becomes … research is to identify, analyze, and categorize the possible steps to develop the financial sustainability of a company and …
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