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The literature has widely discussed the role of financial and economic uncertainty shocks for the macroeconomy. However, it has turned out to be difficult to isolate these shocks from financial market indicators and uncertainty proxies because any identifying restriction on their response...
Persistent link: https://www.econbiz.de/10012429635
ideas and projects. One of the consequences of the economic crisis is that many companies have reduced their innovation … differences across countries regarding the degree to which the economic crisis has affected firms' innovation investment. It has … been argued that national institutional settings and the structural characteristics of national innovation systems have …
Persistent link: https://www.econbiz.de/10011484504
The digital divide is now a subject of priority and a serious concern to East African Countries. This research has been made to have comprehensive understanding of the level of the digital divide in Ethiopia including the neighbouring countries and identify the lessons of best performing...
Persistent link: https://www.econbiz.de/10011757412
Ever since the twenty-first century, the Chinese government has been undertaking a series of rural-favored policies and measures to promote comprehensive development in rural China. The fundamental purpose is to accomplish integrated urban-rural development (IURD) given the ever enlarging...
Persistent link: https://www.econbiz.de/10011495658
It is common knowledge that Small and Medium enterprises make up the backbone of the Greek economy. Nowadays during the greatest post war financial crisis, the fund availability critically determines the survival and the development of almost every enterprise. In the first part of this...
Persistent link: https://www.econbiz.de/10011541646
This theoretical model analyzes the impact of interbank credit market dynamics on the resilience of the financial system. Based on a stochastic model of interbank market credit flows, lending in the interbank market is restricted by the availability of liquidity. Following a shock...
Persistent link: https://www.econbiz.de/10012296413
The paper deals with the necessity to implement sub-regional specific solutions in order to achieve the economic recovery. EU2 countries (Bulgaria and Romania) have the same political and economic past, present and future and the same challenges to face. This is why both countries are analysed...
Persistent link: https://www.econbiz.de/10011549392
The economic and financial crisis has generated a significant amount of adverse effects in all European economies, although with substantial differences by countries. For Spain the effects have been severe. From the last third of the last century until the middle of 2008 the economy experienced...
Persistent link: https://www.econbiz.de/10011499410
The global economic crisis of 2008 has affected all European countries; Greece of course could not be the exception to this "rule". First, the fact that Greece was unable to mitigate its public expenditures and to increase its revenues in comparison with the other European countries and other...
Persistent link: https://www.econbiz.de/10011532542
the monetary theory of production and the chartalist theory of money. These theories focus on the operational realities of …
Persistent link: https://www.econbiz.de/10011515559