How and Where Capital Account Liberalization Leads to Economic Growth

... predictor of long-run rates of economic growth, capital accumulation and productivity improvements. It has been shown elsewhere (Arestis and Demetriades, 1997) that although King and ... between growth and financial development is not just a contemporaneous correlation and that "finance seems importantly to lead economic growth& quot; (op. cit., p. 730). They, thus, show ... structure. The evidence produced to support this view is based on panel and cross-section studies, and demonstrates that financial structure is irrelevant to economic growth. However, these multi-country...

CAPITAL ACCOUNT LIBERALIZATION, INSTITUTIONS AND FINANCIAL DEVELOPMENT: CROSS COUNTRY EVIDENCE

... Dennis, A. Maria Toyoda and Carla Inclan (2002), “Does Capital Account Liberalization Lead to Economic Growth? : An Empirical Investigation” mimeo (Washington, D.C.: Georgetown University). ... SHRIGHTS appears to contribute to growth in stock market capitalization in both full and LDC/EMG samples. Although financial openness alone does not seem to affect stock market capitalization, ... Luca Ricci, and Torsten Sløk, (2002), Capital Account Liberalization and Economic Performance: A Review of the Literature,” mimeo (Washington, D.C.: IMF, May). Edison, Hali J. and Francis...

Tài liệu Financial Liberalization and the Capital Account Thailand 1988–1997 doc

... 1998.- 21 -IV. Consequences of the Liberalization of the Capital Account and theFinancial SectorThe liberalization of the capital account and the financial sector resulted in rapidbuild-up of ... for marketmonitoring was limited as disclosure was weak and accounting standards and practiceswere not up to international practice, thus limiting investors’ ability to monitor corporateperformance.28 ... presented below.1. Liberalization of the Capital Account Thailand already in 1985 maintained relatively open current and capital accounts,with liberal treatment of foreign direct and portfolio investments,...

Women, Business and the Law 2012: Removing barriers to economic inclusion pptx

... seek to expand coverage to additional economies and expand or reﬁne the current indicators in light of the overlap of Women, Business and the Law with human rights law. As progress is monitored ... requires an understanding of many factors, from access to good basic infrastructure, education and healthcare, to social and cultural norms. Another important piece of the puzzle has to do with the ... transactions may limit a woman’s access to resources and services and restrict her ability to be an entrepreneur or get a job. This topic was expanded this year to provide disaggregated information...

A GUIDE TO ECONOMIC GROWTH IN POST-CONFLICT COUNTRIES pptx

... scope? How much damage was done to physical infrastructure and to social and political institutions? How was the conﬂict stopped? How extensive was the disruption of com-merce and general economic ... allowed to apply for import licenses. Consult widely with both the pub-lic and private sectors to understand what needs to be done to unleash economic activity. Do not limit consultation to formal-sector ... seeds and tools to farmers through local vendors to facilitate the return of displaced persons and refugees to their farms. Reduce physical obstacles and eliminate bar-•riers to movement and...

Energy and Environmental Problems behind China’s High Economic Growth – A Comprehensive Study of Medium- and Long-term Problems, Measures and International Cooperation pptx

... water shortage amounts to 6 billion tons a year. In total China, the water shortage amounts to as much as 21.8 billion tons nationwide. While sandstorms have caused damage to Japan, desertification ... addition, arable lands are decreasing by 300 to 600 thousand hectares yearly and deterioration of soils is advancing. Natural grasslands are also disappearing by 650 to 700 thousand hectares a ... still estimated at 6~9% from 2000 to 2010, 5~7% from 2010 to 2020 and 4~6% from 2020 to 2030. Economic growth will be driven mainly by technical advancement and increased productivity, which...

Báo cáo khoa học: Super life – how and why ‘cell selection’ leads to the fastest-growing eukaryote doc

... measured average maximum growth rate of 0.6 h)1, ranging from 0.5 to 0.7 h)1. All growth ratesranging from 0.5 to 0.7 h)1with a standard deviation of 0.05 weretaken into account during simulation ... capacity and the proton stoi-chiometry) to propagate at its maximum speciﬁc growth rate. The average pH of the fresh medium in the reser-voir was adjusted with H2SO4 and ranged from 6.0 to 6.3. ... 0.78, lwt= 0.54, Ntotal= Nwt+ Nmt, where thesubscripts mt and wt stand for mutant and wild-type cells,respectively; t = time; dt = change in time; hmt= protonstoichiometry per cell...

Tài liệu People-Focused Knowledge Management: How Effective Decision Making Leads to Corporate Success docx

... familiarity and of its current state —situational awareness skills to make sense Leads to conditions where it is either toolate to handle and understand the situations. the situation or a new and different ... by providingunderstanding of the situation and insights into how to reason aboutit. We need understanding of what is to be achieved and then knowl-edge and information to make the right things ... perspectives and concepts, mental ref-erence models, truths and beliefs, judgments and expectations,methodologies, and know -how. In part, knowledge also consists ofunderstanding how to juxtapose and...

Tài liệu Báo cáo khoa học: Lipopolysaccharide-evoked activation of p38 and JNK leads to an increase in ICAM-1 expression in Schwann cells of sciatic nerves ppt

... activates monocytes and macrophages to produce cytokines such as tumor necrosis factor- a and interleukins IL-1b and IL-6. These cytokines appear to be responsible for the neurotoxicityobserved ... phosphorylated ERK, p38 and JNK (p-ERK,p-p38 and p-JNK) and total ERK, p38 and JNK (tERK, tp38 and tJNK). (B) The ratio of phosphorylated to total ERK (p44 ⁄ 42), p38 and JNK at each time point. ... many inflammatory cytokines. ICAM-1 con-tributes to multiple processes seen in central nervous system inflammatorydisease, for example migration of leukocytes to inflammatory sites, and adhesion...

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