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Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10011161334
is the premier provider of FDI into Russia, even though we find that reported values overstate its role given the use of … Special Purpose Entities (SPEs). Key drivers of Russian FDI flows are the price of oil and natural resource markets …, macroeconomic volatility, monetary policy, sanctions and trade impediments. As FDI is highly concentrated in natural resource rich …
Persistent link: https://www.econbiz.de/10012265609
Persistent link: https://www.econbiz.de/10011578834
This paper provides an overview of the evolution of interregional income disparities among 304 regions from 27 OECD countries between 1995 and 2005. This sample of regions allows to compare interregional income inequality in different economic integration systems: the USA (used as an example of...
Persistent link: https://www.econbiz.de/10009131166
Experiences of many countries that were very successful in transition process like Slovenia, Czech Republic, Hungary and Poland show that special attention has been given to the development of a powerful SMEs sector in order to change the economic structure and initiate economic development....
Persistent link: https://www.econbiz.de/10010635756
Conventional wisdom suggests that small businesses are innovative engines of Schumpetarian growth. However, as small businesses, they are likely to face credit rationing in financial markets. If true then policies that promote lending to small businesses may yield substantial economy-wide...
Persistent link: https://www.econbiz.de/10010951106
Wie sollte die Wirtschaftspolitik im Lichte der Covid-19-Krise, dem Krieg in der Ukraine sowie den laufenden Sanktionen gegen Russland neben weiteren strukturellen Herausforderungen in den kommenden Jahren ausgerichtet werden? Schon vor Ausbruch der Covid-19-Krise gab es einen Paradigmenwechsel...
Persistent link: https://www.econbiz.de/10014374254
Hurricane Katrina caused the greatest damage of any hurricane in American history. We look at the rebuilding effort in New Orleans through the lens of two other disasters that occurred in 1992: Hurricane Andrew in Miami and the Rodney King riots in Los Angeles. The rebuilding effort in New...
Persistent link: https://www.econbiz.de/10005545428
Debate over Growth and Development are quite old in the history of economic thinking. It is argued that development encompasses comprehensive issues like health, education, equality, and liveability while growth is too narrow a concept. This paper analyses the growth and development experience...
Persistent link: https://www.econbiz.de/10005260324
The Article introduces a series of basic notions for understanding how the European Union approaches the General Objective of Social and Economical Cohesion. Starting from a brief outline of Regional Development and of the evolution of the Structural Funds, as instruments for reducing the...
Persistent link: https://www.econbiz.de/10005151207