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The goal of this paper is to assess how financial sector competition plays-out in the development of knowledge economy (KE). It contributes at the same time to the macroeconomic literature on measuring financial development and response to the growing field of KE by means of informal sector...
Persistent link: https://www.econbiz.de/10011390813
This paper projects the future of knowledge economy (KE) in SSA and MENA countries using the four components of the World Bank's Knowledge Economy Index (KEI): economic incentive, education, ICTs and innovation. The empirical evidence provides the speeds of integration as well as the time...
Persistent link: https://www.econbiz.de/10011390833
Using Kauffman, Kraay, and Mastruzzi governance indicators, this article analyzes the impact of formal institutions on the knowledge economy- by assessing how the enforcement of Intellectual Property Rights (IPRs) through good governance mechanisms affects the knowledge economy. The article also...
Persistent link: https://www.econbiz.de/10011390848
Purpose - This paper assesses dynamics of the knowledge economy (KE)-finance nexus using the four variables identified under the World Bank's knowledge economy index (KEI) and seven financial intermediary dynamics of depth, efficiency, activity and size. Design/methodology/approach - Principal...
Persistent link: https://www.econbiz.de/10011390850
The goal of this paper is to assess how knowledge economy (KE) plays out in financial sector competition. It suggests a practicable way to disentangle the effects of different components of KE on various financial sectors. The variables identified under the World Bank's four knowledge economy...
Persistent link: https://www.econbiz.de/10011390866
In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-base-economy dimensions. The paper employs all the four components of the World...
Persistent link: https://www.econbiz.de/10011596333
In modern growth or development theory innovation is a crucial factor which pushes the dynamics of an economy and determines its success in the future. Out of innovations, created in the presence, the potentials for the future of a country are prepared, deciding how its economic fitness and...
Persistent link: https://www.econbiz.de/10011616043
Wirken die über 40 Jahre bestehenden Systemunterschiede auch 28 Jahre nach der Wende noch nach? Die Ergebnisse einer neuen ifo-Studie zeigen, dass in vielen gesellschaftlichen Teilbereichen ein steter Annäherungsprozess im Gang ist und dass sich die Auffassungen in den beiden Landesteilen eher...
Persistent link: https://www.econbiz.de/10012018012
In the first critical assessment of knowledge economy dynamic paths in Africa and the Middle East, but for a few exceptions, we find overwhelming support for diminishing cross-country disparities in knowledge-based economy dimensions. The paper employs all the four components of the World Bank's...
Persistent link: https://www.econbiz.de/10012112144
A series of crises, culminating with COVID-19, shows that going "Beyond GDP" is urgently necessary. Social and environmental degradation are consequences of emphasizing GDP as a measure of progress. This degradation created the conditions for the COVID-19 pandemic and limited the efficacy of...
Persistent link: https://www.econbiz.de/10012882556