Showing 1 - 10 of 12
European legislation for the prudential regulation of insurance and reinsurance sector has existed since the 1970s, gradually materialized in Directive 92/49/EEC and Directive 2002/83/EC, both known as Solvency I. Due to economic and political development the regime become insufficient and...
Persistent link: https://www.econbiz.de/10011937423
The paper offers a new approach for analysing capitalist development and crisis, tying together mergers and acquisitions, stagflation and globalization as integral facets of accumulation. The framework builds on the concept of differential accumulation, emphasizing the power drive by dominant...
Persistent link: https://www.econbiz.de/10011644558
This paper offers a new theoretical approach for comparing the current political-economic U-turns in South Africa and Israel. Our principal focus is on a revised notion of capital, emphasizing the central role of differential accumulation by dominant capital groups. We further distinguish...
Persistent link: https://www.econbiz.de/10011644559
Since the late 1980s, Israel has been undergoing a profound transformation, characterized by reconciliation with its Arab neighbours and attempts to reintegrate into the regional economy, a transition from a militarized economy to open markets, and a decline of the collectivist ethos in favour...
Persistent link: https://www.econbiz.de/10011644560
This study analyses the implication of regulation and competition for stability in the Sub-Saharan Africa (SSA) banking … sector. We employ a Panel Structural Vector Autoregressive Model (P-SVAR) to investigate regulatory and competition shocks …. While no short-term relation was found between capital and competition, the results suggest that while stability responds …
Persistent link: https://www.econbiz.de/10011994275
-require significant capital investment in infrastructure. Market structures as well as the degree of competition and regulation are key … investment is still quite scarce, especially in the energy sectors. In this study, we empirically examine whether competition …
Persistent link: https://www.econbiz.de/10011460715
significant capital investment in infrastructure. Market structures as well as the degree of competition and regulation are key … investment is still quite scarce, especially in the energy sectors. This study empirically examines whether competition policy …
Persistent link: https://www.econbiz.de/10011460720
We study the bond price reaction of a merged firms peers, in order to better understand how the market responds to a restructuring. We argue that a merger announcement may signal the possibility of a merger wave to the industry, and in doing so, increase the conditional probability that peer...
Persistent link: https://www.econbiz.de/10012611762
Persistent link: https://www.econbiz.de/10011696497
Persistent link: https://www.econbiz.de/10011696589