Search results for "Financial crisi"
showing 10 items of 202 documents
Citizens as Actors in the Development Field: The Case of an Accidental Aid-Agent’s Activities in Aid-Land
2017
AbstractThis article explores a so far little researched aspect of the Norwegian development aid – the privatised, personalised aid giving. Elsewhere in Europe, researchers have explored this phenomenon, which they refer to as citizen initiatives (CIs) for global solidarity [Pollet, I., R. Habraken, L. Schulpen and H. Huyse, 2014, The Accidental Aid Worker: A Mapping of Citizen Initiatives for Global Solidarity in Europe, Nijmegen: KU Leuven/HIVA and CIDIN]. This phenomenon coincides with a generalised crisis in the established state-sponsored international aid industry reflecting the extended financial crisis. Against the background of a first exploratory mapping of CIs in Norway, we discu…
E-commerce entrepreneurship as a national priority: the case of Thailand
2008
Thailand has been one of the most successful developing countries. This progress came to a sudden halt in 1997 when the Asian financial crisis hit this country. Thailand responded by creating a favourable environment for business incubation as a high priority at the national government level. The purpose of this paper is to provide an overview of the steps taken by the Thai government to encourage e-commerce entrepreneurship as a key component of its successful reaction to the economic crisis of 1997 and e-service as a source for its future national competitiveness.
Combating Caustic Communication with Truth and Beauty: Christianity Today, Beautiful Orthodoxy, and US Culture
2021
Embedded within a discussion of problems of definition and demographics, this chapter, this chapter highlights how Christianity Today Inc., one of the foremost evangelical periodical publishers in the United States, used communication etiquette both to appoint itself leader and custodian of evangelicalism and as a means of distinguishing evangelicalism from US American culture. Taking the financial crisis of 2008 as an opportunity, Christianity Today Inc. implemented a new policy, “One CT,” to streamline its products and rebrand journalistic fairness as an evangelical maxim. This chapter uses editorial material and interviews to discuss the policy’s overarching vision of Beautiful Orthodoxy…
Understanding the Consequences of Accounting Standards in Europe: The Role of EFRAG
2012
The global financial crisis has accelerated the need for standard-setters to demonstrate that they understand the effects of the accounting standards they are setting. Within a European context, the endorsement process and the ultimate adoption of new and amended International Financial Reporting Standards into European Union law demand that there is evidence to support the assertion that such standards will improve financial reporting. Our analysis is anchored in the ideology theory of regulation which provides a compelling case for effect analysis to underpin the standard-setting process. For that process to work effectively, a number of key actors need to engage in the process. According…
Evolution of Tourist Accommodation Structures in Romanian's Developing Regions in the Context of New Challenges at European Level
2013
Abstract This paper analyzes the evolution of tourist structures with functions of tourist accommodation in the eights development regions of Romania Romania. Given the financial crisis, the differences between regions in terms of tourism infrastructure have accentuated. Investments to modernize tourist infrastructure and resorts can certainly revive tourism in many regions, which in its turn can help the economic growth of the area.
Exchange Rate Volatility in the Balkans and Eastern Europe: Implications for International Investments
2016
Our paper’s objective is to study the volatility of exchange rates from the region that have not yet adopted the Euro and are not members of the Exchange Rate Mechanism II by considering the exchange rate regime and the implications of currency volatility for foreign capital flows. We model exchange rate volatility by using standard deviations of daily logarithmic changes in the exchange rates, rolling standard deviations, Hodrick-Prescott filters to detect the trends in volatility and ARIMA models. We find that currency volatility remains a strong issue for these countries and that central banks have attempted to manage it, particularly after the global financial crisis. Spikes in monthly …
Improving the likelihood of SME survival during financial and economic crises: The importance of TMTs and family ownership for ambidexterity
2019
In the context of an economic and financial crisis characterized by scarce munificence and high uncertainty, we examine the role of organizational ambidexterity in SMEs survival, and the TMT and ownership characteristics that influence ambidexterity. Our analysis of Spanish manufacturing SMEs in the context of an international economic crisis suggests that: (1) firm survival is associated with ambidexterity; (2) diversity in TMT tenure improves firm ambidexterity and (3) a negative effect exists between family ownership and ambidexterity, but (4) a positive effect exists between family ownership and survival.This study contributes to our understanding of the antecedents of SME ambidexterity…
Empirical Analyses of Networks in Finance
2018
Abstract The recent global financial crisis has triggered a huge interest in the use of network concepts and network tools to better understand how instabilities can propagate through the financial system. The literature is today quite vast, covering both theoretical and empirical aspects. This review concentrates on empirical work, and associated methodologies, concerned with the evaluation of the fragility and resilience of financial and credit markets. The first part of the review examines the literature on systemic risk that arise from banks mutual exposures. These exposures stem primarily from interbank lending and derivative positions, but also, indirectly, from common holdings of oth…
New Approaches to Regulating the Activities of Rating Agencies: A Comparative Analysis
2016
Abstract Rating agencies have become an important part of the global financial landscape. Formation of credit ratings is specified by the inherent asymmetry of financial market information and general interest in the transformation of a large amount of diverse and segmented financial information in a simple and clear assessment of the credit surveillance of borrowers that is credit rating. The world financial crisis started in 2008 has again put on the agenda the question of rating assessment accuracy and the factors influencing the rating migration. The activity of rating agencies, until recently, has had little regulation, allowing rating agencies to avoid responsibility for inaccuracies …
Operational Programmes - Tools to Combat Economic Crisis
2013
Abstract This paper aims to present the state of implementation of operational programs 2007-2013 co-financed with structural instruments, to determine the level of absorption of these funds and the achievement of the strategic objectives set by European and national documents. The purpose of this analysis is to identify weaknesses and strengths that Romania has in this area and how it is likely to increase the success of absorption rate of EU funds. All these aspects are very important, as structural funds are considered an important tool in combating the effects of the financial crisis on the Romanian economy.