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,...

Ngày tải lên: 24/10/2012, 08:50

... 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 marke...

Ngày tải lên: 25/10/2013, 10:15

... 1998. - 21 - IV. Consequences of the Liberalization of the Capital Account and the Financial Sector The liberalization of the capital account and the financial sector resulted in rapid build-up of ... for market monitoring was limited as disclosure was weak and accounting standards and practices were not up to international practice, thus limiting investors’ ability to...

Ngày tải lên: 27/01/2014, 11:20

... 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 puzz...

Ngày tải lên: 06/03/2014, 10:20

... 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 activi...

Ngày tải lên: 23/03/2014, 20:20

... 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 th...

Ngày tải lên: 31/03/2014, 05:21

... measured average maximum growth rate of 0.6 h )1 , ranging from 0.5 to 0.7 h )1 . All growth rates ranging from 0.5 to 0.7 h )1 with a standard deviation of 0.05 were taken 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 H 2 SO 4...

Ngày tải lên: 16/03/2014, 04:20

... familiarity and of its current state — situational awareness skills to make sense Leads to conditions where it is either too late to handle and understand the situations. the situation or a new and different ... by providing understanding of the situation and insights into how to reason about it. We need understanding of what is to be achieved and then knowl- edge a...

Ngày tải lên: 25/12/2013, 09:15

... 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 neurotoxicity observed ... 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...

Ngày tải lên: 18/02/2014, 18:20