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This book provides an analysis of the existing economic dynamics and factors contributing to entrepreneurship in China. Featuring contributions from prominent authors such as Zoltan Acs and Jian Gao, it first poses a theoretical question of whether entrepreneurship exists in China and, if so,...
Persistent link: https://www.econbiz.de/10011122725
Public policy and cluster management face a common challenge in developing sustainable clusters. Many clusters report difficulties acquiring membership fees once the governmental subsidies come to an end, which brings doubts as to the cluster management’s capabilities and likewise to the...
Persistent link: https://www.econbiz.de/10010856844
The 2008-09 global financial crisis had a profound impact on the availability of bank credit for SMEs. Although a decline in the demand for bank credit played an important role, banks have also become more reluctant to lend, including as a consequence of new capital requirements. Moreover, a...
Persistent link: https://www.econbiz.de/10011877002
The present report analyses the extent to which capital markets have provided capital to SMEs since the GFC, focusing on three kinds of financial instruments that have proven especially important in providing finance to SMEs undergoing major transitions during the past few years: Private Equity;...
Persistent link: https://www.econbiz.de/10011996457
Persistent link: https://www.econbiz.de/10015104208
The main element of Nigeria's system of intergovernmental fiscal transfers – known as the "Federal Allocations" – is driven by a set of vertical and horizontal allocations formulae. The vertical sharing formula determines the share of national revenues that is passed on to state and local...
Persistent link: https://www.econbiz.de/10011213116
The paper About the Work of Luca Antonini on "Federalismo all’italiana": or else about his Elliptical Thinking, by Federico Pica, has for object the wide and detailed reconstruction proposed by Luca Antonini on the vicissitudes of the "fiscal federalism", in Italy. Antonini is the chairman of...
Persistent link: https://www.econbiz.de/10010734961
This paper studies the policy impact of civil service regulations, exploiting reforms undertaken by US state governments throughout the twentieth century. These reforms replaced political patronage with a civil service recruited based on merit and protected from politics. I find that state...
Persistent link: https://www.econbiz.de/10010761768
The water debate in relation to poverty alleviation has one dimension that is often sidelined: its relationship with public governance. This report attempts to shed some light on the governance of water policy in Latin American and Caribbean (LAC) countries. It argues that public governance of...
Persistent link: https://www.econbiz.de/10010903655
L’articolo propone un’analisi concettuale dei fondamenti del Modello Sociale Europeo come sistema di welfare multilivello. In particolare, espone l’importanza della sussidiarietà amministrativa tra i diversi livelli della governance europea come un elemento centrale della cittadinanza...
Persistent link: https://www.econbiz.de/10010875940