Search results for "emerging economie"
showing 8 items of 8 documents
Intellectual Structure of the Belt and Road Initiative Research: A Scientometric Analysis and Suggestions for a Future Research Agenda
2020
China’s Belt and Road Initiative (BRI) has attracted increasing attention worldwide since its inception in 2013. Although the research is fast increasing in terms of publications, there is a lack of knowledge about the intellectual structure, research trends, and appropriate theories underpinning. Using bibliometric data from 1583 articles from 2013 to 2019 in the Web of Science and Scopus databases, we used bibliometric techniques and scientometric analyses to identify and analyze the intellectual structure, hotspots, and emerging trends in this field. We identified 18 clusters that we categorized into three groups for thematic discussion. Research gaps and future research directions were …
Emerging Economies’ Institutional Quality and International Competitiveness: A PLS-SEM Approach
2021
The home country’s institutional framework determines the capacity to compete in the global arena. This paper discusses the linkage between institutional quality (IQ) and international competitiveness (IC). We measured institutions’ quality in emerging economies through the use of selected indicators between 2007–2017. To evaluate the proposed IQ constructs and their relationship with IC, we applied partial least squares – structural equation modeling (PLS-SEM) analysis. The model outcomes suggest that political and lack of systemic conditions have a significant and negative effect on international competitiveness, while science, technology, engineering and mathematics (STEM) resource condi…
HOME COUNTRY INSTITUTIONAL EFFECTS ON INTERNATIONAL COMPETITIVENESS
2023
La qualità delle istituzioni di un Paese ha un effetto significativo sulla sua performance economica. Istituzioni forti possono garantire un'allocazione efficiente delle risorse, ridurre l'incertezza e gli attriti e favorire il coordinamento tra gli agenti economici. Al contrario, istituzioni deboli determinano una riduzione degli investimenti, un rallentamento della crescita della produttività e una minore crescita del PIL. Buone istituzioni favoriscono le sinergie tra gli investimenti diretti esteri e le imprese locali, nonché le ricadute di produttività. Al contrario, istituzioni poco sviluppate possono interferire con le attività produttive e impedire lo sfruttamento delle ricadute di c…
Le Currency board : les contraintes de financement et d'ajustement de la convertibilité intégrale
2000
The paper scrutinizes the consequences of the adoption of a currency board arrangement (CBA) by some emerging economies during the 1990s. Considering the justifications o f this choice and the different setting-up contexts, it focuses on the implications of a CBA on the financial system and the real economy. A high degree of liquidity of the banking system is required in the absence of a lender-of-last-resort, and the automatic money supply process strictly disciplines the fiscal policy. Monetary stability is restored; but in most o f these economies where capital markets are underdeveloped, CBA's rules make the domestic credit supply dependent on the ability o f the economy to maintain ove…
Are competitiveness rankings and institutional measures helping emerging economies to improve?
2022
Purpose – Based on the rankings of the global competitiveness index and the fragile states index, this paper aims to suggest alternative approaches to shed some light on the effectiveness of rankings in helping emerging economies improve their competitiveness from an institutional standpoint. Design/methodology/approach – The statistical analysis consisted of a two-stage analysis; the first stage consisted of constructing an updated Alternative Institutional Quality Index (AIQI), intending to design a comparative measure between dimensions over time. The second stage consisted of evidencing the structure of each of the observed dimensions' variance to evidence the existing changes or gaps o…
Internationalization via strategic alliances in family businesses.
2004
It has been observed in previous studies that certain characteristics of family businesses may impede internationalization. These characteristics include the concentration of decision-making in the hands of a single shareholder or small group of shareholders, delays in the succession process, aversion to internationalization, etc. Despite these obstacles, a large number of family businesses have chosen to internationalize as a means of revitalizing themselves. The results of the study reported here indicate three important pre-requisites for family businesses that are seriously considering internationalization as an aid to growth: they need to have a market-leading product, adequate financi…
Banking Crises and Short and Medium Term Output Losses in Emerging and Developing Countries: The Role of Structural and Policy Variables
2012
The aim of this paper is to assess the dynamic impact of banking crises on output for a panel of developing economies. Using an unbalanced panel of 159 countries from 1970 to 2006, the paper shows that banking crises produce significant output losses. Output losses are larger for relatively richer economies, characterized by a higher level of financial deepening and larger current account imbalances. Flexible exchange rates, fiscal and monetary policy, and liquidity support policies have been found to attenuate the effect of the crises. © 2012 Elsevier Ltd.
Are robots in rich countries a threat for employment in emerging economies?
2022
The effects of robotization on labor market outcomes have been widely investigated within developed countries. Conversely, few studies have tried to assess how automation in advanced economies affects less industrialized countries. In this work, we analyze the impact of robotization in a group of developed European countries (EU15) on employment dynamics in a country-industry panel data of emerging markets. Our findings indicate that EU15 robotization is associated with a decline of sectoral employment in emerging economies, especially in Asia, tradable and more robotized industries. Ultimately, a small set of major European countries - namely, Germany, Italy, Denmark and United Kingdom - s…