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on Central and Western Asia |
| By: | Vardomsky L.B.; Pylin A.G.; Sokolova T.V.; Shurubovich A.V. |
| Abstract: | В докладе исследовано влияние взаимных отношений на социально-экономическое развитие России и Украины. Проанализированы реальные процессы в сфере взаимных связей, показана их сложность и противоречивость, дана оценка внутренних и внешних факторов, определяющих российско-украинские отношения. Рассмотрены особенности социально-экономического развития России и Украины, предпринята попытка выделить в них общее и различное, а также определить перспективы участия Украины в евразийских интеграционных проектах. The report investigates the effect of the mutual relations to the socio-economic development in Russia and Ukraine. The authors analyze the actual processes in the field of mutual relations, indicate their complexity and contradictions, estimate internal and external factors determining the Russian-Ukrainian relations. The features of the socio-economic development of Russia and Ukraine are investigated, an attempt to highlight their commonalities and differences and to determine the prospects of Ukraine's participation in the Eurasian integration projects is made. |
| Keywords: | Russia, Ukraine, socio-economic development, structural changes, financial situation, mutual trade, development priorities, integration choice, socio-cultural identity, standard of living, unequality, poverty |
| JEL: | F15 O11 O15 P52 R11 |
| Date: | 2013–10–08 |
| URL: | http://d.repec.org/n?u=RePEc:rua:wpaper:y:2013:vardomsky:3&r=cwa |
| By: | Rita van Deuren (Rita van Deuren, PhD, Assistant Professor, Academic Coordinator MBM Programs, Maastricht School of Management, the Netherlands. Contact: deuren@msm.nl) |
| Abstract: | HEI in developing countries face the requirement to increase performance and improve results to enlarge their contribution to socio-economic development and poverty reduction. Organizational capacity is considered a pre-requisite for this performance. Organizational capacity is enhanced by capacity development processes and activities. This paper is about capacity development in higher education institutions (HEI) in developing countries. The introduction chapter of the paper first describes the objective of the paper and the method used to realize the objective. The chapter also includes a brief introduction on systems thinking, since concepts and ideas of systems thinking are frequently used in the paper. Finally, this chapter presents an outline of the paper. |
| Date: | 2013–10 |
| URL: | http://d.repec.org/n?u=RePEc:msm:wpaper:2013/30&r=cwa |
| By: | Prema-chandra Athukorala; Archanun Kophaiboon |
| Abstract: | This paper documents and analyzes emerging patterns of trade and foreign direct investment in Asia with a view to informing the contemporary policy debate on multilateralizing regionalism. The key theme running through the paper is the pivotal role of global production sharing in transforming trade patterns. The findings make a strong case for a global, rather than a regional, approach to trade and investment policy making. Global production sharing has strengthened economic interdependence among the countries in the region, but the dynamism of the regional cross-border production networks depends inexorably on trade with the rest of the world, particularly with North America and the European Union. |
| Keywords: | global production sharing, free trade agreements, foreign direct investment, Asia, economic integration |
| JEL: | F13 F23 F53 |
| Date: | 2013 |
| URL: | http://d.repec.org/n?u=RePEc:pas:papers:2013-16&r=cwa |
| By: | Charles HARVIE (School of Economics, Facutly of Commerce, University of Wollongong); Dionisius NARJOKO (Economic Research Institute for ASEAN and East Asia (ERIA)); Sothea OUM (Economic Research Institute for ASEAN and East Asia (ERIA)) |
| Abstract: | This paper sheds light on the issue of SME financing in selected Asian economies using a unique sample survey. It elaborates on (i) the key sources of external finance for SMEs (ii) the extent to which, if at all, the SME sector as identified by firm size, country and in aggregate for a sample of countries in Asia is systematically disadvantaged, or rationed, with respect to access to external financing, (iii) the key factors contributing to the extent of this rationing, focusing upon firm characteristics, owner characteristics and firm performance, and (iv) the importance of financial rationing for SME performance. Our empirical results confirm the salient characteristics of successful SMEs with regard to accessing external funding, their ability to access multiple financial institutions and types of finance, and identifying potential credit rationing or risk premiums imposed by financial institutions on SMEs. The results also reveal how risk premiums affect the innovation capability and exporting activity of SMEs. |
| Keywords: | small and medium enterprises (SMEs), external financing, rationing, firm characteristics, Asia. |
| JEL: | G32 L22 |
| Date: | 2013–10 |
| URL: | http://d.repec.org/n?u=RePEc:era:wpaper:dp-2013-23&r=cwa |
| By: | Houssam Bouzgarrou (CREM - Centre de Recherche en Economie et Management - CNRS : UMR6211 - Université de Rennes 1 - Université de Caen Basse-Normandie); Patrick Navatte (CREM - Centre de Recherche en Economie et Management - CNRS : UMR6211 - Université de Rennes 1 - Université de Caen Basse-Normandie) |
| Abstract: | This paper investigates the impact of family control on French acquirers' performance.We consider a sample of 239 acquisitions undertaken by French listed companies between January 1997 and December 2006. Comparing both, short-termand long-termperformance,we find that family-controlled firms outperformnon-family firms. We find that the relationship depends on the control level. The higher operating performance of family firms is statistically significant for an intermediate level of control. Around the announcement date, family firms with a high level of control outperform non-family firms. Using the calendar time approach, we find that long-term stock performance of family firms is positive and statistically significant. Robustness tests showthat our findings seem to not be driven by the endogeneity problem. Finally, we find that family wedge, due to the use of the pyramidal structure and the double voting rules, has no statistical significant effect. |
| Keywords: | Acquisitions ; family firms ; agency theory ; stock performance ; operating performance |
| Date: | 2013 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:halshs-00801736&r=cwa |
| By: | Klimczuk, Andrzej |
| Abstract: | The shaping of creative economy is particularly important for development of cities and regions. This process can be analyzed in conjunction with changes in work and leisure time and their place in the human life cycle. This article aims to approximate the main features of: contemporary position of elderly people, creative ageing policy, benefits from seniors creativity and controversies linked to this concept. This essay also indicates the patterns of recommendations and activities in development of services for older people which may be the subject of further in-depth research. These examples exist in: (1) documents and strategic programs, (2) the activities of network organizations and (3) the activities of urban cultural and artistic institutions. |
| Keywords: | creative capital, creative economy, silver economy, arts and ageing, cultural and artistic institutions, creative ageing policy, intergenerational policy |
| JEL: | J14 Z13 Z18 |
| Date: | 2013 |
| URL: | http://d.repec.org/n?u=RePEc:pra:mprapa:50703&r=cwa |
| By: | Cansu Akpinar-Sposito (Centre de Recherche Magellan - Université Jean Moulin - Lyon III : EA3713) |
| Abstract: | Abstract: This study is particularly focused on the glass ceiling issues and the main career obstacles for female executives based on the findings of a cross-country comparative study between Turkey and France. Prior to collecting the required data, a review was carried out in both countries, the current available and attitudinal studies related to the concept of the 'glass ceiling'. A comparative descriptive analysis was conducted to show differences in career barriers for women between countries. The field study of this project generated 20 semi-structured interviews with 12 main questions concerning their career background and the glass ceiling syndrome with staff from 12 international companies in both France and Turkey. Interviews lasted approximately for one hour and were conducted in French, Turkish and English. After successively analyzing all the transcripts of the interviews, three ideological approaches have been identified from the field study. The three main topics that were mentioned by the women interviewed in both countries were personal Compromises, Career Encouragers, and Corporate Culture. These findings indicated that there were several similar approaches to helping the career advancement of women in both countries and also different approaches which are unique to each country involved in the study. |
| Keywords: | Career barriers, glass ceiling, women in management, Turkey, France. |
| Date: | 2013–11–20 |
| URL: | http://d.repec.org/n?u=RePEc:hal:journl:halshs-00834098&r=cwa |
| By: | Eugen Dimant (University of Paderborn) |
| Abstract: | Corruption has fierce impacts on economic and societal development and is subject to a vast range of institutional, jurisdictional, societal and economic conditions. Research indicates that corruption’s predominantly negative effects have arisen to a massive trans-border threat while creating high obstacles to sustainable and prospective development, ultimately impairing everybody’s life. This paper provides a comprehensive state-of-the-art review of existing literature on corruption and its antecedents and effects. Consequently, we bridge the gap between existing theories of different fields of research including economics, psychology, and criminology in order to draw a conclusive picture of corruption on the micro-, meso- and macro-level. |
| Keywords: | Bribery, Corruption, Development, Interdisciplinarity, Public Economics |
| JEL: | D73 H1 O17 K42 |
| Date: | 2013–10 |
| URL: | http://d.repec.org/n?u=RePEc:pdn:wpaper:70&r=cwa |
| By: | Tomas del Barrio Castro (Department of Applied Economics, University of the Balearic Islands); Mariam Camarero (Deparment of Economics, Universitat Jaume I); Cecilio Tamarit (Department of Applied Economics II, University of Valencia) |
| Abstract: | We analyze imbalances in external accounts that have historically a¤ected most developed countries. The purpose of this study is to shed some light on the sus- tainability of the current account for a group of OECD countires by merging the popular Husted (1992) testing procedure with recent econometric analysis dealing with seasonality. A necessary condition for current account sustainability is that exports and imports are cointegrated. Following previous empirical studies (Husted (1992), Arize (2002) and Hamori (2009)) we analyze the long-run relationship link- ing exports and imports, using quarterly data. In contrast to these studies, we explicitly deal with seasonal e¤ects through the use of periodic integration and cointegration and nd a long-run relationship for the majority of the countries. |
| Keywords: | Current account, time series, periodic integration, periodic cointegration |
| JEL: | F14 F32 C22 |
| Date: | 2013–10 |
| URL: | http://d.repec.org/n?u=RePEc:eec:wpaper:1320&r=cwa |
| By: | Kenneth Fortson; Anu Rangarajan; Randall Blair; Joanne Lee; Valentine Gilbert |
| Keywords: | Water to Market, Armenia, International |
| JEL: | F Z |
| Date: | 2013–03–08 |
| URL: | http://d.repec.org/n?u=RePEc:mpr:mprres:7917&r=cwa |
| By: | Shahbaz Nasir; Kaliappa Kalirajan |
| Abstract: | Advancements in information and communications technologies (ICTs) have increased the possibilities for trade in modern services and many Asian emerging and developed economies are participating increasingly in these new trade activities. This paper examines the export performance of these emerging and developed Asian economies in selected modern services: computer and information services, business and professional services, and telecommunications services, using a stochastic frontier gravity type model. Estimation results show that performance of emerging economies in South Asia and the ASEAN region, in terms of realization of export potential, is considerably lower than that of the developed world in North America and Europe. The results also show that the number of graduates and the ICT infrastructure in emerging countries are amongst key factors for modern services exports. These findings suggest that emerging economies need to remove ‘behind the border’ constraints and adopt advanced technologies in order to catch up with the high performing developed countries. |
| Keywords: | Services exports, stochastic frontier gravity model, Asia, North America, and Europe. |
| JEL: | F14 C24 |
| Date: | 2013 |
| URL: | http://d.repec.org/n?u=RePEc:pas:asarcc:2013-07&r=cwa |