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Leviathan as a Minority Shareholder: A Study of Equity Purchases by the Brazilian National Development Bank (BNDES),1995-2003
Investment Ownership Stake State Ownership Private Ownership Performance Evaluation
2015/4/24
There is a growing literature comparing the performance of private vs. state-owned companies. Yet, there is little work examining the effects of having the government as a minority shareholder of priv...
What Do Development Banks Do?Evidence from Brazil,2002-2009
Cost of Capital Credit Equity Banks and Banking Financing and Loans Investment
2015/4/24
While some authors view development banks as an important tool to alleviate capital constraints in scarce credit markets and unlock productive investments, others see those banks as conduits of cheap ...
The Role of Institutional Development in the Prevalence and Value of Family Firms
Family Business Governing Rules Regulations and Reforms Data and Data Sets Law Management Organizational Culture Research Value China
2015/4/23
We investigate the role played by institutional development in the prevalence and value of family firms, while controlling for the potential effect of cultural norms. China provides a good research la...
Financial Development,Bank Ownership,and Growth. Or,Does Quantity Imply Quality?
Economic Growth Credit Banks and Banking Interest Rates State Ownership Private Ownership
2015/4/22
In 1980, India nationalized its large private banks. This induced different bank ownership patterns across different towns, allowing credible identification of the effects of bank ownership on financi...
This strategy and work plan sets out the vision, strategic direction and corresponding work plan of the International Federation of Accountants’ (IFAC) Professional Accountancy Organization Developmen...
Rural tourism development and financing in Romania: A supply-side analysis
bank lending, fi nancing constraints rural development rural tourism businesses
2015/3/4
For more than a century, and almost everywhere in the world, rural areas suff ered a steady decline, due to the decrease of the real income from the agricultural activities, the lack of serious ...
Keynote address at the African Development Bank/African Finance Economic Association Luncheon
African Development Bank African Finance Economic Association Luncheon
2014/12/26
I would like to begin by thanking the African Finance and Economics Association and especially its President, Dr. Elizabeth Asiedu, for according me the honour of giving this keynote address. I am del...
Promoting Industrial Development in Africa: Serendipity or Good Policy?
Promoting Industrial Development Africa Serendipity Good Policy
2014/12/26
Following the success of East Asian countries with export-led industrialization strategy, many African countries have made concerted efforts to spur industrial development through structural and insti...
The position of agriculture in the Russian Federation – the last two decades development overview
factors development production Russia self-sufficiency structure trade
2014/11/28
The paper provides an analysis of the last two decades Russian agricultural sector development. The main objective of the paper is to highlight the main changes which occurred. The paper is also ident...
Development of a Decision Tool for Green Energy Investment in the Pioneer Valley
Development of a Decision Tool Green Energy Investment Pioneer Valley
2014/10/22
We present the process followed to create a decision-aid tool for use in renewable energy and energy efficiency investment decisions. Our tool is targeted at home and small business owners in the Pion...
Local action groups and the LEADER co-financing of rural development projects in Slovenia
formal system informal system institutions lobbying project selection
2014/8/19
The influence of a formal and informal system of the Local Action Group (LAG) board’s performance on the perception of its members is analysed in association with the suitability of the rural developm...
Development of competitiveness and its determinants in Slovak dairy farms
costs dairy cattle milk production profi t/loss
2014/3/28
h e competitiveness and its determinants for Slovak dairy cattle farms during the years 2007 to 2011 was analysed. h e economic database of the Research Institute for Animal Production Nitra was used ...
NEW DEVELOPMENTS IN DEVELOPMENT t Modeling Technology Adoption in Developing Countries
NEW DEVELOPMENTS DEVELOPMENT Modeling Technology Adoption Developing Countries
2014/3/14
Perhaps one of the main reasons for studying economic development is to under- stand better how individuals are able to make the transition out of poverty. Technol- ogy may be viewed as a means to thi...
There is a strong positive relationship between income and health throughout the world. If part of
this association represents a causal effect from income to health, then the maintenance and
support...
Resource abundance and regional development in China
China regional inequality resource curse Dutch disease property rights
2014/3/12
Over the past several decades, China has made tremendous progress in market integration and infrastructure development. Demand for natural resources has increased from the booming coastal economies, c...