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insurance across various countries. We will conduct a comprehensive analysis, drawing on Hofstede's cultural dimensions, to … understand how national cultural dimensions shape life insurance consumption's landscape in developed and developing nations …-term orientation, and indulgence significantly influence life insurance demand. The impact of uncertainty avoidance and indulgence …
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To clarify the causal links between financial activity and economic growth, three theoretical models are analyzed and a structural equation path models is estimated. In the modeling part, poverty traps result from large fixed costs or high proportions of real investment to run a financial...
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The Grand Transition (GT) view claims that economic development is causal to institutional development, and that many institutional changes can be understood as transitions occurring at roughly the same level (zones) of development. The Primacy of Institutions (PoI) view claims that economic...
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