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Nigeria has long been trying to learn how best to manage boom-bust cycles in global commodity prices, adopting an oil-price benchmark for annual budgets while saving revenues above the benchmark in an excess crude account in the half decade before the 2008/2009 global crisis. The crisis and its...
Persistent link: https://www.econbiz.de/10013053292
Debt overhang of the non-financial private sector has been one of the main reasons for the ongoing global stagnation, and recent data released by the International Monetary Fund, International Institute of Finance, United Nations Conference on Trade and Development and others indicate that debt...
Persistent link: https://www.econbiz.de/10012846595
Industrialization has long been seen as the answer to underdevelopment and poverty. First this led countries to follow protectionist import substitution policies but as these failed developing countries have opened up to trade and FDI and tried to follow strategies of export driven...
Persistent link: https://www.econbiz.de/10003915584
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Persistent link: https://www.econbiz.de/10012845526
Economists around the world rely in addition to official statistics on business (and consumer) surveys, which are more up-to-date. However, for many emerging and developing countries there is a lack of such surveys. This gap can, at least partly, be filled by the Ifo World Economic Survey (WES)....
Persistent link: https://www.econbiz.de/10011547810
This study investigates how corporate R&D evolves in the light of the contemporary economic crisis. We study empirical evidence from past downturns, discuss the relevant literature, and perform an empirical analysis of recent business survey data (collected during 2009). Pivotal for our...
Persistent link: https://www.econbiz.de/10011981968
The information and communications revolution has hastened the process of globalization in today's world of business. Consequently, businesses, even small and mid-sized companies, are confronted with cultural diversity when these companies become internationally active. Yet only few businesses...
Persistent link: https://www.econbiz.de/10010512690
Dieser Artikel beleuchtet aus einer wirtschaftsethischen Perspektive, wie Globalisierung im öffentlichen Diskurs … wahrgenommen wird und wie sie stattdessen wahrgenommen werden müsste, um die mit Globalisierung verbundenen Chancen und Risiken … richtig einschätzen zu können. Die Hauptaussagen lauten: (1) Globalisierung ist kein Nullsummenspiel. (2) Globalisierung ist …
Persistent link: https://www.econbiz.de/10011757951
In this paper, the world distribution of personal incomes (WDPI) is estimated using a global sample comprising country sample clones. A clone is a random sample that reproduces – with predetermined high probability and precision – an unknown survey sample using information that is 'encoded'...
Persistent link: https://www.econbiz.de/10011802308