This study analyzes the effects that certain political-uncertainty factors have on financial firm performance in the Stock Exchange of Thailand (SET). The results of a panel regression performed on a database of 7976 firm-years over 18-year unbalanced panel data from 2001 to 2018 show a mixed...

More than at any time in the history, climate change is having an increasingly unprecedented effect on human lives. Economies are affected severely in terms of sovereign risk due to climate change variations influencing the macroeconomy. Asian countries are highly susceptible to economic...

We compare the properties of betting market odds set in two distinct markets for a large sample of European soccer matches. We confirm inefficiencies in the traditional market for bets on a home win, an away win or a draw as found in previous studies such as Angelini and De Angelis (2019), in...

Cities account for approximately 70 per cent of global energy consumption and about 75 percent of greenhouse gas emissions due to the density of economic activities and infrastructure and their often path -dependent development patterns. While this makes cities vulnerable to the impacts of...

Der Angriff Russlands auf die Ukraine und die strikte No-Covid-Politik in China haben die ohnehin bereits kräftige Inflation weltweit verstärkt und dazu geführt, dass Lieferengpässe wieder zugenommen haben. Die Reallöhne gehen in vielen Ländern deutlich zurück und dämpfen den privaten...

Die Expansion der Weltwirtschaft ist unter dem Eindruck hoher Inflation, hartnäckiger Lieferengpässe und großer Unsicherheit im Frühjahr zum Stillstand gekommen. Die Reallöhne gehen in vielen Ländern deutlich zurück und dämpfen den privaten Konsum, auch wenn vielfach auf zusätzliche...

The growing population and climatic uncertainties have compelled producers to undertake faster exploitation of the resources in agricultural production to meet global food security, which, in turn, leads towards unsustainable and input-led inefficient production growth. The problem is further...

This paper reviews the use of big data in Asian central banks, leveraging on a survey conducted among the members of the Irving Fisher Committee. The analysis reveals four main insights. First, Asian central banks define big data in a more encompassing way that includes unstructured...

In this study, I will look at the spending role of government and the outcomes of government activity in Europe and Asia. Public spending and performance patterns differ hugely across countries. Asian "tigers" and some advanced countries show low public spending coupled with strong performance...

Focusing on Asian economies over the period 2006 to 2019, we find that while nonbank finance appears to complement rather than substitute credit provision by the traditional banking sector, weaker regulatory quality is an important driving factor. Moreover, while we find that central bank policy...

In order to reduce greenhouse gas (GHG) emissions and to achieve the Sustainable Development Goals (SDGs), Asian countries are trying to realize the potential of energy innovation. However, several structural issues might deter the expected impact of energy innovation on GHG emissions. Given the...

Especially with the Asian financial crisis of 1997-1998, Asian countries have advocated a profound reform of the international financial architecture. Their proposals focused on two main axes: a reform of the global financial system and stronger regional monetary integration in Asia. There are...

Die Weltkonjunktur hat sich im Verlauf des Jahres unter dem Eindruck hoher Energiepreise und großer Unsicherheit deutlich abgeschwächt. Bremsend wirkt inzwischen auch die Geldpolitik, die angesichts eines auf breiter Front hohen Inflationsdrucks ausgesprochen rasch gestrafft wird. Die...

Global growth has decelerated over the course of the year under the impact of high energy prices and great uncertainty. Monetary policy, which is being tightened very quickly in view of high inflationary pressure across the board, is now also putting a drag on economic activity. Overall,...

Several ports want cruise ships to call at their ports for economic benefits. However, the main cause of concern is the complexity of port selection behavior for cruise lines. Tracking cruise ship movement data may help them understand the port selection behavior of cruise lines. This study...

Over the course of structural transformation in the production and employment front, trend in labour productivity ratio between non-agricultural and agricultural sectors has been noted to behave differently for many developing countries. This study develops a two-sector dual economy model to...

Die Weltkonjunktur hat sich im Verlauf des Jahres unter dem Eindruck hoher Energiepreise und großer Unsicherheit deutlich abgeschwächt. Bremsend wirkt inzwischen auch die Geldpolitik, die angesichts eines auf breiter Front hohen Inflationsdrucks ausgesprochen rasch gestrafft wird. Die...

Misunderstandings are often perceived as something to be avoided yet delineate an integrative part of everyday work. This book addresses the role that misunderstandings play in collaborative work and, above all, their effects on the organisational result. As exemplified by project collaboration...

This work delineates the factors determining investor sentiment in specific regions during the pandemic and the influence of attitudes towards vaccination. The findings show that the reactions of knowledgeable investors in different regions to the economic effects of the pandemic were not...

This paper examines the countercyclicality of remittance inflows to the countries in Asia and the Pacific. It also aims to identify major determinants of remittances using gravity models of bilateral remittances. We find that bilateral remittance inflows are countercyclical against the business...

Turkey's neo-Eurasianist ideologues describe themselves as “Kemalist Eurasianists”. They argue that “Eurasianism calls for a cultural, military, political and commercial alliance with Turkey’s eastern neighbors, notably Russia, Iran, the Turkic countries of Central Asia, and even...

Trade misinvoicing occurs when price, quantity or description of internationally traded goods is purposefully misrepresented for pecuniary gain. It is one type of illicit financial flows (IFFs), and combating IFFs has been explicitly included in the Sustainable Development Goals. Most literature...

The return and volatility spillover effects on Asian Dragons were investigated in this study. Yahoo Finance provided the monthly statistics (from August 1997 to December 2020). This study used a generalized autoregressive conditional heteroskedasticity-autoregressive moving average (GARCH-ARMA)...

This paper examines the national savings behaviour in the process of economic growth through a comparative analysis of countries in developing Asia from a historical perspective. Developing Asia provides an ideal laboratory for the study with considerable differences in the savings behaviour...