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The RMB Internationalization has a great impact on China’s domestic economy. This chapter applies the Gap Estimation approach to estimate the RMB overseas circulation amount from 1997 to 2015, as the indicator of RMB internationalization. Using the recently developed Directed Acyclic Graph...
Persistent link: https://www.econbiz.de/10015093339
In the post-industrial information society, the role of mass communication, public information, information space, social and political discourse, as well as the Internet as a new communication environment becomes exceptional. According to the widespread view, the social system and history as a...
Persistent link: https://www.econbiz.de/10015093346
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has...
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In The Coming Famine, Julian Cribb lays out a vivid picture of impending planetary crisis--a global food shortage that threatens to hit by mid-century--that would dwarf any in our previous experience. Cribb's comprehensive assessment describes a dangerous confluence of shortages--of water, land,...
Persistent link: https://www.econbiz.de/10012678607
Purpose — Analyze and assess the actions taken by the government of Iceland prior to a banking crisis that resulted in the collapse of Iceland’s largest banks in October 2008. Was the government’s behavior prior to the crisis dishonest in the sense that it deliberately tried to fake...
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In this paper, we analyse how the national variety in professional organisation is affected by the current period of globalisation by reference to key features of the business law firm in the US, the UK and Germany. Our argument is that changes in law firms from these different countries are...
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