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financial crisis and economic recession. I consider a brief history of the crisis and insist on the loss of confidence within … the banking and financial sector, which propagated later to the real sector. I discuss ways to rebuild confidence and move … considère un bref historique de la crise et insiste sur la perte de confiance dans le secteur bancaire et financier, qui s …
Persistent link: https://www.econbiz.de/10009358690
of confidence within the banking and financial sector, which propagated later to the real sector. I discuss ways to … rebuild confidence and move out of a stable bad economic equilibrium, due in part to inefficiently designed bonus systems …
Persistent link: https://www.econbiz.de/10010659032
I characterize the performance of the Québec economy over the last quarter century: 1981-2007. Many indicators are presented: GDP, GDP per capita, population, job creation, employment rates, average weekly earnings, private investments, productivity, trade and commerce, debt, R&D. In spite of...
Persistent link: https://www.econbiz.de/10008458562
We characterize the performance of the Québec economy over the last quarter century: 1981-2006. Many indicators are presented: GDP, GDP per capita, population, job creation, employment rates, average weekly earnings, private investments, exports, debt, R&D. In spite of some strong sectors, the...
Persistent link: https://www.econbiz.de/10005100517
I characterize the performance of the Québec economy over the last quarter century: 1981-2007. Many indicators are presented: GDP, GDP per capita, population, job creation, employment rates, average weekly earnings, private investments, exports, debt, R&D. In spite of some strong sectors, the...
Persistent link: https://www.econbiz.de/10005100716
This paper examines problems of entry, exit and competition in Ukrainian product markets. It finds that Ukraine still has too little of all three, and that exit mechanisms, in particular, function poorly. Since impediments to entry and exit are largely the product of excessive and ill...
Persistent link: https://www.econbiz.de/10005045917
We examine FDI’s effects of on domestic investment in Sub-Saharan Africa. Our model’s assumptions are inspired from the theoretical model of Agosin and Mayer (2001). Two assumptions have special interest: (i) the first is that multinational firms crowd-out local firms ; (ii) the second...
Persistent link: https://www.econbiz.de/10010707936
Ce travail analyse les effets des investissements directs étrangers sur les investissements domestiques. L’étude empirique est construite sur la base du modèle théorique d’Agosin et Mayer (2001). Deux hypothèses nous intéressent particulièrement : (i) l’une stipule que les firmes...
Persistent link: https://www.econbiz.de/10008871984
Uncertainty faced by households and firms affects economic activity. The rise in uncertainty since the beginning of the sovereign debt crisis in Greece could be one factor that has contributed to the steep and long-lasting recession. This paper presents a brief empirical analysis quantifying...
Persistent link: https://www.econbiz.de/10011276951