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Re-estimating the relationship between inequality and growth
Scholl, Nathalie; Klasen, Stephan - 2016
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …
Persistent link: https://www.econbiz.de/10011454086
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Re-estimating the relationship between inequality and growth
Scholl, Nathalie; Klasen, Stephan - 2016
In this paper, we revisit the inequality-growth relationship using an enhanced panel data set with improved inequality …, similar to Forbes we find a significant positive association between inequality and subsequent economic growth in the full … relationship between inequality and growth emerges due to the particular timing of inequality and growth dynamics in transition …
Persistent link: https://www.econbiz.de/10011536688
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Doing business in a transitional society : economic environment and relational political strategy for multinationals
Luo, Yadong; Zhao, Hongxin - In: Business & society 52 (2013) 3, pp. 515-549
Persistent link: https://www.econbiz.de/10009793025
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Economic-Social Interaction during China’s Transition
Lindbeck, Assar - Institutet för Näringslivsforskning (IFN) - 2006
I discuss the nature of the economic reforms in China during the last quarter of a century in the context of a typology of economic systems, emphasizing the interaction between economic and social mechanisms. I also consider China’s options for further reforms. I focus on economic reforms that...
Persistent link: https://www.econbiz.de/10005419520
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Evolution of China's financial system and its impact on economic development
Sau, Lino - In: International Journal of Economic Policy in Emerging … 5 (2012) 1, pp. 1-15
In this paper, I try to show and emphasise how China has adopted alternative economic policies in the transition and in the evolution of its financial system. In fact, the step by step or gradualism approach followed is in contrast to the fashionable idea that indiscriminately prescribes...
Persistent link: https://www.econbiz.de/10011015111
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Chinese investment in the transition countries
Korniyenko, Yevgeniya; Sakatsume, Toshiaki - European Bank for Reconstruction and Development (EBRD) - 2009
This paper examines the pattern and magnitude of China’s outward foreign direct investment (FDI) to the EBRD’s countries of operations. We first analyse the recent trends of China’s outward FDI, with sectoral and geographical distributions, and assess the implications for the transition...
Persistent link: https://www.econbiz.de/10008621992
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Large creditors and corporate governance: the case of Chinese banks
Hu, Yiming; Li, Siqi; Lin, Thomas W.; Xie, Shilei - In: Review of Accounting and Finance 10 (2011) November, pp. 332-367
Purpose – Banks are the major suppliers of external funds for companies in China. The purpose of this paper is to examine whether Chinese banks exercise effective monitoring over borrowers in two lending decisions, including loan interest rates and loan renewals. Design/methodology/approach...
Persistent link: https://www.econbiz.de/10009367095
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The impact of excess employment on Chinese state-owned enterprises: an empirical study
Bai, Yunxia; Yang, Jiaqin; Xue, Yunkui; Jin, Ye - In: International Journal of Sustainable Economy 2 (2010) 1, pp. 32-58
Focusing on employment issues, this paper investigates the impact of government control on state-owned enterprise's (SOE) excess employment, and hence on its performance and the compensation-based incentive mechanism. The results show that the excess employment in SOEs does not result in a...
Persistent link: https://www.econbiz.de/10008755403
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The role and influence of Foreign Direct Investment on the development process: the case of the software industry in Romania, China, India and the Philippines
Floyd, David; McManus, John - In: Global Business and Economics Review 8 (2006) 1/2, pp. 119-132
Much has been made of the importance of emerging markets and transition economies as the future of the software industry. This paper sets out to explain the main reasons why these markets are proving attractive to Foreign Direct Investment in Romania by examining theories of internationalisation...
Persistent link: https://www.econbiz.de/10010816618
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GROWTH AND INDUSTRIAL POLICY DURING TRANSITION
Cerovic, Bozidar; Nojkovic, Aleksandra; Uvalic, Milica - In: Economic Annals 59 (2014) 201, pp. 7-34
After twenty-five years of economic transition economic performance varies considerably in transition countries, while in most cases current outcomes show that the desired effects have not been achieved. In this paper we elaborate on why industrial policy has been a key missing element in the...
Persistent link: https://www.econbiz.de/10010938650