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De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2012

Savers, including pension savers, convert savings into assets: homes,government bonds and shares.The conversion of savings is for the very long term. Once monies are turned into assets, the reverse process of turning assets into cash cannot be achieved by all savers together. Unavoidably some...

Persistent link: https://www.econbiz.de/10011111570

When formal institutions fail in fostering economic growth: the case of post-communist countries

Tamilina, Larysa; Tamilina, Natalya - Volkswirtschaftliche Fakultät, … - 2012

The article explains the peculiarities of institutional effects on growth rates in post-communist countries. By proposing a certain dependence of the institution-growth nexus on the nature of institutional emergence, the distinction between revolutionary and evolutionary processes of institution...

Persistent link: https://www.econbiz.de/10011258823

Gender, quality of life, and growth in Asia 1070 to 1990

Seguino, Stephanie - Volkswirtschaftliche Fakultät, … - 2002

This paper examines the gender distribution of the benefits of economic growth in several Asian economies from 1970-90. Using Borda rank ordering, we compare the progress made in these countries towards closing the gender gap in well-being. In addition to commonly-used indicators, trends in the...

Persistent link: https://www.econbiz.de/10005836758

Innovations and Economic Growth in a Fast Changing Global Economy: Comparative Experience of Asian Countries

Singh, Lakhwinder - Volkswirtschaftliche Fakultät, … - 2006

in the national innovation system is the fundamental determinant of long-run economic growth and development. This is … of the innovation system. Since the national economies are growing in the interdependent world, therefore national … innovation system is continuously being influenced by the changes occurring in other parts of the world. Transformation of East …

Persistent link: https://www.econbiz.de/10005616771

Real Output and Prices Adjustments under Different Exchange Rate Regimes

Mirdala, Rajmund - Volkswirtschaftliche Fakultät, … - 2013

Exchange rate regimes evolution in the European transition economies refers to one of the most crucial policy decision in the beginning of the 1990s employed during the initial stages of the transition process. During the period of last two decades we may identify some crucial milestones in the...

Persistent link: https://www.econbiz.de/10011259924

Macroeconomic Aspects of Real Exchange Rate Volatility in the Central European Countries

Mirdala, Rajmund - Volkswirtschaftliche Fakultät, … - 2012

Exchange rate unexpected fluctuations determine economic development of countries the way quite similar to any other type of exogenous shocks. Unpredicted volatility in exchange rate short-run path affects macroeconomic performance the way that may be a subject of academic as well as economic...

Persistent link: https://www.econbiz.de/10011107290

Current Account Adjustments and Real Exchange Rates in the European Transition Economies

Mirdala, Rajmund - Volkswirtschaftliche Fakultät, … - 2013

One of the key outcomes of open economy macroeconomics refers to a crucial importance of an investment-saving relation affecting a current account determination. However, despite a relative diversity in exchange rate regimes in European transition economies, there is still a substantial...

Persistent link: https://www.econbiz.de/10011111837

The world's dream, economic growth revisited

De Koning, Kees - Volkswirtschaftliche Fakultät, … - 2013

Financial sector companies are different from those in the real sector. In the real sector the price for consumer goods and services is a price reflecting all costs which have been made to produce the output. Profits reflect the difference between the sales price and the costs base. The...

Persistent link: https://www.econbiz.de/10011259435

Economic Development in Pre-Independence Botswana, 1820-1966: Historical Trends, Contributing and Countervailing Factors

Hlavac, Marek - Volkswirtschaftliche Fakultät, … - 2010

This paper examines the trajectory of economic development in Botswana between the years 1820 and 1966, when it achieved independence. First, I review the historical trends in the country’s economic and social development indicators. I then proceed to analyze what factors have encouraged or...

Persistent link: https://www.econbiz.de/10008684900

A reevaluation of the impact of financial development on economic growth and its sources by regions

Dabos, Marcelo; Williams, Tomas - Volkswirtschaftliche Fakultät, … - 2009

financial development and economic growth. We consider four geographical regions, Latin Amerca, Europe and North America, Asia …

Persistent link: https://www.econbiz.de/10008753044