Purpose The study examines the impact of macroeconomic risk and volatility associated with key macroeconomic indicators on financial market uncertainty; and the extent to which governance and institutional structures moderate such relationships. Design/methodology/approach The study employs data...

Purpose This article aims to investigate how institutional characteristics affect the level of financial development of economies collectively and compare between developed and undeveloped economies. Design/methodology/approach A dynamic panel with 131 countries, including developed and...

Currently, international trade has evolved into international production fragmentation captured in GVCs. Countries must enhance intermediate exports in comparative advantage sectors to increase their trade in value-added (TVA) in global production chains. However, traditional measurements of...

The present study complements the extant literature by assessing how environmental sustainability can be promoted by means of policies that entail the simultaneous implementation of six governance dynamics, notably, political governance (political stability/ no violence and 'voice &...