Search results for "versification"
showing 10 items of 185 documents
Diversification of old-age care services for older people: Trade-offs between coverage, diversification and targeting in European countries.
2011
Information on public services for older people is often limited to institutional care and Home Help/ Home Care, be it for individuals in surveys, statistics for a specific country or for international comparisons. Yet, these two major services in many countries are supplemented — or substituted — by other, minor services. The latter include services such as transportation services, meals-on-wheels, alarm systems, and day care. In this study the authors use various data sources to provide information on all or most of these types of support for Denmark, Norway, Sweden, Germany, England, Spain, and Israel, concluding with a closer scrutiny of Swedish service profiles. When all types of suppo…
Innovation and networks in rural areas. An analysis from European innovative projects
2014
Abstract Innovation is a central factor for the development of rural areas, both in terms of diversification and increased competitiveness, also related to new structures of governance. The creation, adoption or adaptation of innovations is particularly complex, requiring the right combination of local knowledge (often tacit and implicit) with expert knowledge (often more explicit and formalised), as well as the support of extensive networks. This paper analyses a number of innovation projects in several European rural areas, through the data collected via in-depth interviews. It examines the projects' contributions and the role played by stakeholders in each stage of the projects. On the o…
Migration and mobility in a rapidly changing small town in northeastern Ethiopia
2012
This paper presents empirical material collected in the zonal capital town of kemise (population around 34,000) and three surrounding rural areas (peasant associations) in northeastern ethiopia. The study area is located in the oromiya zone of the large amhara region. The paper attempts to show how rural areas and the town of kemise are economically interdependent and demonstrates the role of migration and mobility in influencing and shaping the rural and urban economies. The town fulfils, inter alia, important administrative, marketing, service and retailing functions. The most successful rural households appear to be those that use non-farm and off-farm opportunities and assets (for exam…
Financial Fragility and Distress Propagation in a Network of Regions
2012
Building on previous works on business fluctuations, we model the propagation of financial distress in a network of regions, each populated by heterogeneous interacting firms and banks. In order to diversify risk, firm sell goods outside their own region and borrow from banks located there. However, this results in ties across regions which propagate financial distress across regional borders. We investigate how the average level of economic integration affects the probability of both individual and systemic failures. We find that the benefit of greater diversification is eventually offset by the effect of financial acceleration and contagion. In particular, beyond a certain level of integr…
Regional Integration in Trade Theory
2021
Given widespread scepticism in trade economics about the value of RECs comprised of developing countries, the formal theory of regional economic integration is critically examined in four stylized configurations. Based on the overarching logic of trade creation and diversion, the usual diagrammatic treatment of tariff effects is critically discussed in terms of its numerous shortcomings. A single-country and REC-wise diagrammatic treatment of tariffs in the presence of increasing returns is proposed to allow quantitative assessment of the arguably most promising case for South-South RECs. Building on the literature, the cases of full and incomplete specialization within a regional group are…
Circularity Within the EU: The Return Intentions of Latvian Migrants
2016
Recently, much attention has been paid in the literature to circular migration because of its perceived potential to reduce permanent migration and to promote development. This is probably a result of a perfect combination of interests benefiting not only sending and receiving countries, but also the migrants themselves (Vertovec 2007; Adepoju et al. 2010; Castles and Ozkul 2014). Circularity allows migrants to gain experience and acquire skills, and to apply them on returning to their countries of origin, thereby contributing to development (Cassarino 2004; de Haas 2010, 2012), transforming brain drain into brain gain, and at the same time contributing to their positive effects on labour m…
Multidimensional financial development, exporter behavior and export diversification
2020
Financial development shapes export sector performance because exporters need external finance and face credit constraints. Previous empirical research has relied largely on single-country studies. The Exporter Dynamics Database (EDD), which features firm-level exports from over 60 countries, reveals differences in the microstructure of the export sector across countries. In this paper, we first provide new evidence that these differences are related to cross-country variation in financial development and structure. Second, we combine the EDD and multidimensional data on financial development with a global database on export diversification. This study is the first to examine how macrolevel…
Geographic diversification and credit risk in microfinance
2019
Abstract This paper examines the relation between geographic diversification and credit risk in microfinance. The empirical findings from the banking industry are mixed and inconclusive. This study extends the discussion into a new international setting: the global microfinance industry with lenders having both social and financial objectives. Using a large global sample of microfinance institutions (MFIs), we find that geographic diversification comes with more credit risks. However, this finding is more pronounced among non-shareholder MFIs like NGOs and cooperatives, compared to shareholder-owned MFIs. Moreover, the results show that MFIs can mitigate the effect of geographic diversifica…
The determinants of net interest income in the Mexican banking system: An integrated model
2009
This paper analyzes net interest income in the Mexican banking system over the period 1993-2005. Taking as reference the seminal work by Ho and Saunders (1981) and subsequent extensions by other authors, our study models the net interest margin simultaneously including operating costs and diversification and specialization as determinants of the margin. The results referring to the Mexican case show that its high margins can be explained mainly by average operating costs and by market power. Although non-interest income has increased in recent years, its economic impact is low. El trabajo analiza el margen de intermediación de la banca Mexicana en el periodo 1996-2005. Tomando como referenc…
Unrelated knowledge combinations: the unexplored potential for regional industrial path development
2018
The paper engages in a critical discussion of the related variety regional branching argument and foregrounds a more differentiated perspective on regional industrial path development. It contributes by i) sharpening the definition of key concepts, namely specialisation and diversity, related and unrelated variety, ii) discussing their relevance in local and non-local spaces, iii) scrutinizing related variety as source for regional branching, and iv) developing a conceptual framework capturing the opportunity space for regional structural change that unveils the relevance of path upgrading, path importation, path branching, path diversification, and new path creation as different forms of…