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Between military spending and economic development

Ghandour, Nadine J.; Diab, Mohamad - In: International Journal of Engineering Management and … 3 (2012) 1/2, pp. 58-73

world countries, even poor countries with low and middle incomes in Asia and Africa spend a great part of its national …

Persistent link: https://www.econbiz.de/10010670339

Economic growth and economic crisis

Anderson, Victor - In: International Journal of Green Economics 3 (2009) 1, pp. 19-27

This article argues that the recent financial crisis was caused largely by the long-term problem of the current world economy lacking a sustainable path of development. Limits to growth – expressed principally through rises in the price of oil and other commodities – created a crisis for the...

Persistent link: https://www.econbiz.de/10008563579

Surviving the times of crisis: does innovation make a difference?

Sidorkin, Oleg; Srholec, Martin - In: International Journal of Technological Learning, … 7 (2014) 2, pp. 124-146

from the World Bank's Enterprise Surveys, we econometrically test the hypothesis that pre-crisis innovation affected their … survival odds and performance thereafter. Overall, the results indicate that the innovation-survival connection holds … consequences. If appetite for risky innovation is sociably desirable and the crisis weeds out viable businesses, including those …

Persistent link: https://www.econbiz.de/10011093663

Strategic R%D internationalisation in developing Asian countries - the Italian experience

Bresciani, Stefano; Thrassou, Alkis; Vrontis, Demetris - In: World Review of Entrepreneurship, Management and … 11 (2015) 2/3, pp. 200-216

positive relation between the choice to settle R%D units in Asia and the sale of innovative products in Asia, concluding that … firms follow a knowledge exploiting strategy, establishing their whole innovation value chain to developing Asian countries. …

Persistent link: https://www.econbiz.de/10011266498

Regional Issues, Banking Reform and Related Credit Risk in Russia

Astrov, Vasily - Wiener Institut für Internationale … - 2003

The last decade of the past century has been dominated by growing decentralization in Russia, both in economic and political terms. The major factors driving decentralization were the weakness of the federal government and of President Yeltsin, as well as the poor performance of the federal...

Persistent link: https://www.econbiz.de/10009649603

The role of banking reform policy in transition economies: delayed reforms for the case of Serbia

Bitzenis, Aristidis; Misic, Aleksandra; Marangos, John; … - In: International Journal of Economic Policy in Emerging … 2 (2009) 2, pp. 175-198

While Serbia had initiated the establishment of the two-tier banking system earlier than most of the South East European (SEE) countries (in 1965), the banking reform actually began later than these countries (after 1999). The main reasons to account for that were: 1) very adverse initial...

Persistent link: https://www.econbiz.de/10008563429

Prospective Deficits and the Asian Currency Crises

Burnside, Craig; Eichenbaum, Martin; Rebelo, Sérgio - C.E.P.R. Discussion Papers - 1998

This paper argues that the recent Southeast Asian currency crises was caused by large prospective deficits associated with implicit bailout guarantees to failing banking systems. We articulate this view using a simple dynamic general equilibrium model whose key feature is that a speculative...

Persistent link: https://www.econbiz.de/10005124184

Iceland: The Financial and Economic Crisis

Carey, David - Economics Department, Organisation de Coopération et … - 2009

The global financial and economic crisis has struck Iceland with extreme force. Iceland’s three main banks, accounting for almost all of the banking system, failed in October 2008. They were unable to resist the deterioration in global financial markets following the failure of Lehman...

Persistent link: https://www.econbiz.de/10008498029

Crash Risk in Currency Markets

Farhi, Emmanuel; Fraiberger, Samuel P.; Gabaix, Xavier; … - C.E.P.R. Discussion Papers - 2009

How much of carry trade excess returns can be explained by the presence of disaster risk? To answer this question, we propose a simple structural model that includes both Gaussian and disaster risk premia and can be estimated even in samples that do not contain disasters. The model points to a...

Persistent link: https://www.econbiz.de/10005016245

Schumpeter on money, banking and finance: an institutionalist perspective

Festre, Agnes; Nasica, Eric - In: The European Journal of the History of Economic Thought 16 (2009) 2, pp. 325-356

In this paper we provide an institutional interpretation of Schumpeter's analysis of money, banking and finance. We justify this interpretation by considering first Schumpeter's overall methodological perspective, in particular the role played by economic sociology in his approach, and second by...

Persistent link: https://www.econbiz.de/10004966956

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