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Persistent link: https://www.econbiz.de/10015226089
be the future of the world. And realism is restricted to the discussion of the balance of power, leaves aside the …, there are no ideal solutions. But strong global institutions are required in a globalized world. These institutions will … will not end military conflicts around the world, and global progress will continue to be challenged by populist …
Persistent link: https://www.econbiz.de/10015214332
A large body of literature has shown that small firms, due to their opaqueness, may find it difficult to access the credit market. Informational asymmetries may be mitigated by posting collateral or by building relationships with lenders (relationship lending). However, in some cases, due to a...
Persistent link: https://www.econbiz.de/10015216049
In this paper we investigate whether or not mutual guarantee consortia (MGC), a financial institution well developed in Italy, alleviate the difficulties that Small and Medium Enterprises (SMEs) face when they ask for a bank loan. We find that the probability of a small firm affiliated to a MGC...
Persistent link: https://www.econbiz.de/10015218013
We trace the relationship between firm performance and corporate governance in microfinance institutions (MFI) utilising a self constructed global data set on MFIs, collected from third-party rating agencies. We study the effect of board characteristics, ownership type, competition and...
Persistent link: https://www.econbiz.de/10015232106
We trace the relationship between firm performance and corporate governance in microfinance institutions (MFI) utilising a self constructed global data set on MFIs, collected from third-party rating agencies. We study the effect of board characteristics, ownership type, competition and...
Persistent link: https://www.econbiz.de/10015232113
‘New’ long run data regarding Norway, the Netherlands, United Kingdom and USA has been collected and will be graphically, statistically and econometrically compiled and analyzed to prove that real house prices in the long run are constant and mean reverting. Co-integration of nominal house...
Persistent link: https://www.econbiz.de/10015216215
This paper addresses Ihe new-orthodox view that the choice of exchange rate regime lias been hollowed out to a choice between the two comer solutions of firmly fixed and more or less freely floating exchange rates. While conceding that both these regimes have an advantage over intermediate...
Persistent link: https://www.econbiz.de/10015219951
This paper examines the precise links between foreign direct investment (henceforth, FDI) and poverty alleviation, where so far there are few studies attempted to analyze empirically this relationship. The FDI inflows vary across international borders, therefore FDI reduces poverty only under...
Persistent link: https://www.econbiz.de/10015222189
After reviewing the literature that identify and measure the effect of financial integration on the depth and the efficiency of financial markets in emerging countries, on capital flows towards these countries and finally on economic growth, this paper provides a descriptive analysis of the...
Persistent link: https://www.econbiz.de/10015223330