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Serbian local state-owned enterprises (SOEs) owed in excess of EUR 220mn in late 2015, with estimates reaching a much higher figure. According to the national Fiscal Council, underinvestment by local governments amounted to some EUR 250mn annually. This paper looks at insufficient commercial...
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As China's opening-up grows wider under the Belt and Road Initiative, the exploration and construction of free trade … ports have received increasing attention. In 2018, China's first free trade port was settled in Hainan instead of Shanghai …. In 2019, after the Lingang New Area of China (Shanghai) Pilot Free Trade Zone was approved by the central government, six …
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These notes are based on parts of a keynote address to the Fourth Annual Conference on Money and Finance at Chapman University on 6-7 September 2019. Quantitative easing (QE) policies have been pushed to extremes and extended well beyond their use-by dates to little plausible effect in achieving...
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The rapid spread of new coronaviruses throughout China and the world in 2019-2020 has had a great impact on China …
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Since China's reform and opening up, the urban economy has substantially developed, and the nation’s urbanization … process has advanced to gradually enter a "new normal" phase. In this process, China's population and industries continue to … urbanization and environmental pollution in China. Further, urbanization increasingly promotes environmental pollution with an …
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