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Capital account liberalization is generally beneficial to developing and emerging countries. However, if there is a downside risk in one country, capital control policy can prevent it from exposing to carry trade flows and capital flight, and protect it from external financial volatility. In...
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This study analyzes the effectiveness of capital controls on international debt flows using data of 81 economies, including both advanced and emerging economies, over the period from 1995 to 2019. The analysis using the total sample shows that, although they are in the expected directions, the...
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This paper gives a brief overview of the family planning policy of China which, although being recently relaxed, still controls a large swath of the population. Unofficially known as the “one-child policy”, the policy resulted when the social strife of the 1970s coupled with a Malthusian...
Persistent link: https://www.econbiz.de/10015256331
By the 1970s, China’s communist government faced a looming resource constraint in “caring” for its nearly 1 billion citizens, necessitating a policy to alleviate the crippling aftermath of nearly 30 years of rapid population growth. The one-child policy of 1979 was the result, and it has...
Persistent link: https://www.econbiz.de/10015256450
Both transformational and problematic platforms, corresponding to moderate and severe scam conditions, are considered abnormal in Chinese marketplace lending. This paper examines the impact of scams in marketplace lending on investor confidence and attention. We find that as the abnormal...
Persistent link: https://www.econbiz.de/10015334170
Purpose: In order to solve problems in the current project management system, the paper presents the asymmetric information games existing in construction projects through information economics viewpoints. Design/methodology/approach: The owner has private information about the project...
Persistent link: https://www.econbiz.de/10011939211
The paper proposes a factorial multi-stage stochastic programming (FMSP) approach to support water resources management under uncertainty. This approach was developed based on the conventional inexact multi-stage stochastic programming method. Five alternative inexact multi-stage stochastic...
Persistent link: https://www.econbiz.de/10010588308