Showing 1 - 10 of 158
The paper analyses a new leximetric dataset for India relating to the protection of shareholders of the limited liability corporate sector and examines the impact of the changes in the shareholder protection law on economic development through stock market development. It finds no long-term...
Persistent link: https://www.econbiz.de/10005837028
Abstract This paper is concerned with the neglected role of competition policy in East Asian development. Michael Porter considers Japan's development to have benefitted from intense competition among firms. By contrast, Caves and Uekusa criticize MITI's role in creating recession cartels and...
Persistent link: https://www.econbiz.de/10011110161
This paper examines the role of competition policy in emerging markets from a developmental and international perspective. Its main conclusion include: contrary to conventional wisdom, evidence suggests that the intensity of competition in leading emerging markets is certainly no less than that...
Persistent link: https://www.econbiz.de/10005687973
The first part of this paper examines the theoretical and empirical case for full capital account liberalization in developing countries (DCs) and finds it unconvincing. Indeed, analysis and evidence presented here point to a strong case against it. The second part considers the liberalization...
Persistent link: https://www.econbiz.de/10005769816
A major issue today is whether globalization of the world's labour, capital and product markets, together with rapid economic growth in India and China, will have an adverse effect on workers in the US and other advanced countries. Simulations of different scenarios using the...
Persistent link: https://www.econbiz.de/10008502916
In transition and developing countries, we observe rather high levels of corruption even if they have democratic political systems. This is surprising from a political economy perspective, as the majority of people generally suffers from high corruption levels. Our model is based on the fact...
Persistent link: https://www.econbiz.de/10005518256
The effect of aid on civil war has been widely debated. In this paper we introduce a new framework to evaluate the effectiveness of aid on conflict. Using proxies for the evolution of conflict we show that over the course of the conflict aid significantly affects the escalation and de-escalation...
Persistent link: https://www.econbiz.de/10011107489
Microfinance has, by now, reached a total of over 60% of all poor households of Bangladesh, and 37% of all households (World Bank, 2005). There are, however some controversies relating to the indebtedness for the microfinance receivers and the contribution of microfinance in their socioeconomic...
Persistent link: https://www.econbiz.de/10011107750
ABSTRACT Medellín became the capital city of Antioquia when a change in the production paradigm was established: the change of mining to agricultural and livestock production farm, which allowed the emergence of a fledgling industry in a city that, did not have the features expected to be...
Persistent link: https://www.econbiz.de/10011107790
The presented study examines the level and pattern of development in the conflict particularly Naxal afflicted areas/regions. A case of Warangal District in Andhra Pradesh which has been the most affected district in India by the Naxal movement and its violence, is considered for the study.
Persistent link: https://www.econbiz.de/10011107862