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Studies on the finance-growth link use different proxy variables for financial development. Among the most used is the … to be more robust when used in the modeling. Credit structure reveals a different impact on economic growth showing … lending policy impact varies depending on the credit structure. Researchers studying the finance-growth link must account for …
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to the global energy economy in 2023. The past twelve months have seen a huge re-prioritisation of energy policy away … from environmental issues and towards energy security and affordability. Many of the articles in this document question …-term rebalancing of the energy trilemma towards energy security may even bring environmental benefits in the longer term given the …
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growth? This paper studies the extreme case of economic system change and alternative transitional policies in the former …
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Total Factor Productivity (TFP)is often used on the macro-economic level as an indicator of changes in efficiency of a country. In many transition economies TFP is seen to have been negative the last decade of the plan economy and starts increasing and become positive after a (quite a) few years...
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The most basic economic theory suggests that rising incomes in developing countries will deter emigration from those countries, an idea that captivates policymakers in international aid and trade diplomacy. A lengthy literature and recent data suggest something quite different: that over the...
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