How Does Foreign Direct Investment Affect Economic Growth

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Author :
Publisher : International Monetary Fund
ISBN 13 : 1451853270
Total Pages : 26 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis How Does Foreign Direct Investment Affect Economic Growth by : Mr.Eduardo Borensztein

Download or read book How Does Foreign Direct Investment Affect Economic Growth written by Mr.Eduardo Borensztein and published by International Monetary Fund. This book was released on 1994-09-01 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: We test the effect of foreign direct investment (FDI) on economic growth in a cross-country regression framework, utilizing data on FDI flows from industrial countries to 69 developing countries over the last two decades. Our results suggest that FDI is an important vehicle for the transfer of technology, contributing relatively more to growth than domestic investment. However, the higher productivity of FDI holds only when the host country has a minimum threshold stock of human capital. In addition, FDI has the effect of increasing total investment in the economy more than one for one, which suggests the predominance of complementarity effects with domestic firms.

Building Back Better: How Big Are Green Spending Multipliers?

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Publisher : International Monetary Fund
ISBN 13 : 1513574469
Total Pages : 47 pages
Book Rating : 4.5/5 (135 download)

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Book Synopsis Building Back Better: How Big Are Green Spending Multipliers? by : International Monetary Fund

Download or read book Building Back Better: How Big Are Green Spending Multipliers? written by International Monetary Fund and published by International Monetary Fund. This book was released on 2021-03-19 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides estimates of output multipliers for spending in clean energy and biodiversity conservation, as well as for spending on non-ecofriendly energy and land use activities. Using a new international dataset, we find that every dollar spent on key carbon-neutral or carbon-sink activities can generate more than a dollar’s worth of economic activity. Although not all green and non-ecofriendly expenditures in the dataset are strictly comparable due to data limitations, estimated multipliers associated with spending on renewable and fossil fuel energy investment are comparable, and the former (1.1-1.5) are larger than the latter (0.5-0.6) with over 90 percent probability. These findings survive several robustness checks and lend support to bottom-up analyses arguing that stabilizing climate and reversing biodiversity loss are not at odds with continuing economic advances.

Entrepreneurship and Innovation Policy and the Economy

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Publisher :
ISBN 13 : 9780226835778
Total Pages : 0 pages
Book Rating : 4.8/5 (357 download)

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Book Synopsis Entrepreneurship and Innovation Policy and the Economy by : Benjamin F. Jones

Download or read book Entrepreneurship and Innovation Policy and the Economy written by Benjamin F. Jones and published by . This book was released on 2024-03-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rigorous nonpartisan research on the effects of economic forces and public policy on entrepreneurship and innovation. Entrepreneurship and innovation are widely recognized as drivers of economic dynamics and long-term prosperity. This series communicates key findings about the implications of entrepreneurial and innovative activity across the economy. Entrepreneurship and Innovation Policy and the Economy, Volume 3, synthesizes key findings about entrepreneurial and innovative activity in the U.S. economy, conveying insights on contemporary challenges and providing an analytical base for policy design. In the first paper, Jorge Guzman, Fiona Murray, Scott Stern, and Heidi Williams examine regional innovation engines and highlight the place-specific actions, potential bottlenecks, and roles of different stakeholders in catalyzing entrepreneurship and innovation. Next, Lee Branstetter and Guangwei Li examine the challenges faced by the Chinese central government in implementing industrial policy to push the technology frontier while local governments and businesses deploy resources to advance their own, not necessarily aligned, interests. Turning to climate issues, James Sallee analyzes policies aimed at accelerating the energy transition by hastening the replacement of durable capital assets like automobiles and residential appliances that last for decades and slow the adoption of cleaner technologies. Joshua Gans studies cryptocurrencies and other crypto-token-based instruments and the broad range of government responses to them, particularly in the U.S. Finally, Ina Ganguli and Fabian Waldinger consider the effects of the Russian invasion of Ukraine on the human capital in the Ukrainian science community.

A Model of Growth Through Creative Destruction

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Publisher : London : Department of Economics, University of Western Ontario
ISBN 13 : 9780771411168
Total Pages : 0 pages
Book Rating : 4.4/5 (111 download)

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Book Synopsis A Model of Growth Through Creative Destruction by : Philippe Aghion

Download or read book A Model of Growth Through Creative Destruction written by Philippe Aghion and published by London : Department of Economics, University of Western Ontario. This book was released on 1990 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper develops a model based on Schumpeter's process of creative destruction. It departs from existing models of endogenous growth in emphasizing obsolescence of old technologies induced by the accumulation of knowledge and the resulting process or industrial innovations. This has both positive and normative implications for growth. In positive terms, the prospect of a high level of research in the future can deter research today by threatening the fruits of that research with rapid obsolescence. In normative terms, obsolescence creates a negative externality from innovations, and hence a tendency for laissez-faire economies to generate too many innovations, i.e too much growth. This "business-stealing" effect is partly compensated by the fact that innovations tend to be too small under laissez-faire. The model possesses a unique balanced growth equilibrium in which the log of GNP follows a random walk with drift. The size of the drift is the average growth rate of the economy and it is endogenous to the model ; in particular it depends on the size and likelihood of innovations resulting from research and also on the degree of market power available to an innovator.

Numerical Methods for Constrained Optimization

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Publisher :
ISBN 13 :
Total Pages : 312 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Numerical Methods for Constrained Optimization by : Philip E. Gill

Download or read book Numerical Methods for Constrained Optimization written by Philip E. Gill and published by . This book was released on 1974 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:

American Steam Vessels

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Publisher :
ISBN 13 :
Total Pages : 514 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis American Steam Vessels by : Samuel Ward Stanton

Download or read book American Steam Vessels written by Samuel Ward Stanton and published by . This book was released on 1895 with total page 514 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Journal of the American Society of Naval Engineers, Inc

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Publisher :
ISBN 13 :
Total Pages : 1282 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Journal of the American Society of Naval Engineers, Inc by : American Society of Naval Engineers

Download or read book Journal of the American Society of Naval Engineers, Inc written by American Society of Naval Engineers and published by . This book was released on 1915 with total page 1282 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Submarine Torpedo Boats

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Publisher :
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (321 download)

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Book Synopsis Submarine Torpedo Boats by : Lake Torpedo Boat Company

Download or read book Submarine Torpedo Boats written by Lake Torpedo Boat Company and published by . This book was released on 1901 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Energy Efficiency Financing and Market-Based Instruments

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Publisher : Springer Nature
ISBN 13 : 9811635994
Total Pages : 313 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis Energy Efficiency Financing and Market-Based Instruments by : Yang Liu

Download or read book Energy Efficiency Financing and Market-Based Instruments written by Yang Liu and published by Springer Nature. This book was released on 2021-09-21 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is devoted to investigating the policy design and effectiveness of financial and market-based instruments to promote energy efficiency financing. The concept of this monograph is to present the latest results related to energy efficiency funding schemes, energy efficiency obligations, voluntary agreements, auction mechanisms, and Super Energy Services Companies (Super ESCOs) in major jurisdictions across the world. The book focuses on financial and market-based instruments as they deliver a price signal, which provides an incentive for firms to invest in innovation or implement more energy-efficient technologies and deliver energy savings while minimizing costs. Such instruments can have significant advantages for the government, supporting the fiscal sustainability of the government’s energy efficiency efforts, requiring less enforcement than regulation and according the market flexibility to select the most cost-efficient technologies. This book is highly recommended to researchers, policy experts, and business specialists who seek an in-depth and up-to-date integrated overview of energy efficiency financing.

The Future of Companies in the Face of a New Reality

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Publisher : Springer Nature
ISBN 13 : 9811626138
Total Pages : 201 pages
Book Rating : 4.8/5 (116 download)

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Book Synopsis The Future of Companies in the Face of a New Reality by : Griselda Dávila-Aragón

Download or read book The Future of Companies in the Face of a New Reality written by Griselda Dávila-Aragón and published by Springer Nature. This book was released on 2021-07-06 with total page 201 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the changes brought on to economic and business activities in Latin America due to the new scenarios, environments and social dynamics the world is facing as a result of the COVID-19 pandemic, at both micro- and macroeconomic levels. Recent changes to working environments has brought discussions on work-life balance to the forefront, and creating support mechanisms to attract and retain the next generation of workers has become a primary focus for talent managers. At an industry level, there are expectations that once the crisis passes, there will be massive capital inflows toward ESG investments in emerging markets driving the transformation of companies. Consequently, ESG business models will have a cascading effect in the whole supply chain (upstream, midstream and downstream) and will generate greater value for all stakeholders. At the same time, technologies of the fourth industrial revolution, such as Blockchain and Artificial Intelligence, have gradually been adopted by companies leading the charge in ESG business models. The financial sector has taken the lead in these two technologies, but the challenge generated by the COVID-19 pandemic forced other sectors to innovate rapidly in order to remain afloat. Using empirical and theoretical frameworks, the contributors in this book identify the most attractive alternatives to benefit consumers in an adverse environment like the one the world is facing as a result of the COVID-19 pandemic, which while posing a significant challenge for most industries, has also created new opportunities for innovation and ingenuity, analyzing case studies from the coffee and medical tourism sectors in particular.

The Curtis Steam Turbine

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Publisher :
ISBN 13 :
Total Pages : 38 pages
Book Rating : 4.0/5 (871 download)

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Book Synopsis The Curtis Steam Turbine by : General Electric Company

Download or read book The Curtis Steam Turbine written by General Electric Company and published by . This book was released on 1904 with total page 38 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Beyond Fintech: Technology Applications For The Islamic Economy

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Publisher : World Scientific
ISBN 13 : 9811222320
Total Pages : 265 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Beyond Fintech: Technology Applications For The Islamic Economy by : Hazik Mohamed

Download or read book Beyond Fintech: Technology Applications For The Islamic Economy written by Hazik Mohamed and published by World Scientific. This book was released on 2020-11-25 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: Beyond Fintech: Technology Applications for the Islamic Economy is a follow-up to the first-ever Islamic Fintech book by the author (published in 2018) that provided linkages between Islamic Finance and disruptive technologies like the blockchain. In the wake of fintech as a new trend in financial markets, the ground-breaking book stressed the relevance of Islamic finance and its implications, when enabled by fintech, towards the development of the Islamic digital economy. While the earlier work discussed the crucial innovation, structural, and institutional development for financial technologies in Islamic Finance, this new research explores the multiple applications possible in the various sectors of the economy, within and beyond finance, that can be significantly transformed. These revolutionary applications involve the integration of AI, blockchain, data analytics, and Internet-of-Things (IoT) devices for a holistic solution to tackle the bottlenecks and other issues in existing processes of traditional systems. The principles of accountability, duty, justice, and transparency are the foundation of shaping the framework in achieving good governance in all institutions — public or private, Islamic or otherwise. Technologies like AI, blockchain, and IoT devices can operationalize the transparency and accountability that is required to eradicate poverty, distribute wealth, enhance micro-, small- and large-scale initiatives for social and economic development, and thus share prosperity for a moral system that enables a more secure and sustainable economy.

Islamic Economics: Principles and Analysis

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Publisher : International Shari’ah Research Academy for Islamic Finance (ISRA)
ISBN 13 : 9671656811
Total Pages : 4 pages
Book Rating : 4.6/5 (716 download)

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Book Synopsis Islamic Economics: Principles and Analysis by : Moutaz Abojeib

Download or read book Islamic Economics: Principles and Analysis written by Moutaz Abojeib and published by International Shari’ah Research Academy for Islamic Finance (ISRA). This book was released on 2018-12-01 with total page 4 pages. Available in PDF, EPUB and Kindle. Book excerpt: With the impressive emergence of Islamic finance as a branch of Islamic economics, the need for a solid knowledge base that encompasses theories, thoughts and applications related to the subject increased in importance. However, writing about Islamic economics is a great challenge due to the differences in opinion on many of its issues. This includes methodologies for determining the Islamic perspective on economic concepts and issues as well as applicable solutions for today’s economic and social problems. It is further argued that Islamic economics topics are not as clear as those in conventional economics as they have their own religious, spiritual and social dimensions. The points of controversy have generated lengthy discussions. Moreover, Islamic economics encompasses a vast array of topics and approaches, from the purely theoretical, which may include philosophy or religious ideas, to mathematical and quantitative analyses. We tried our best throughout this textbook to simplify, clarify and summarise these concepts to make them accessible to all readers including students, practitioners, academics and even interested non-specialists. This textbook presents, discusses and analyses various topics and issues related to Islamic economics ranging from philosophical, epistemological and methodological to microeconomic and macroeconomic perspectives. In this endeavour, the social aspect of Islamic economics—an essential part of the discipline—is not neglected. The textbook compares Islamic ideas and concepts related to economics with those in conventional economics to highlight Islamic economics as a distinct field of knowledge with an emphasis on the ethical and social aspects. The authors have tried their level best to explain the theoretical concepts as simply as possible without ignoring today’s realities and without compromising Sharīʿah principles and objectives. One of the main objectives of the book is to provide the reader with Islamic economic ideas and solutions that are realistic and applicable within the current highly globalised economic and business environment, which is largely dominated by conventional interest-based systems and institutions. Despite being written for an elementary-level audience, this textbook can also be beneficial to a wide range of specialist and non-specialist readers and seekers of knowledge. For those specialising in Islamic economics, it is an appropriate source of reference to gain an overview on different topics relating to the foundations of Islamic economics. At this point, however, it must be mentioned that each topic deliberated upon, by its nature, would require a book on its own to cover all its aspects. Therefore, further exploration is required for Islamic economics specialists. A list of references and recommended readings is provided for that purpose at the end of each chapter. On the other hand, students of mainstream economics, finance and other academic majors will find this textbook an excellent resource for comprehensive knowledge of Islamic economics and its related issues. Universities may benefit from the different topics presented in this textbook in designing or preparing their economics courses at different levels based on their own curriculums and classes. This textbook could be used at the undergraduate level or even for a master’s level economics or Islamic economics course, especially in an Islamic banking and finance programme or for an MBA having a specialisation in Islamic banking and finance where an economics or Islamic economics course is offered. Furthermore, practitioners and interested readers who are seeking essential and simple knowledge about Islamic economics will also find this textbook to be a helpful guide. It is important to mention here that Islamic economics literature shows wide differences among the scholars in almost every subtopic. Presenting all opinions within a limited number of pages is almost impossible. However, with the great contribution of more than 60 scholars from a wide span of countries and from various economic schools, this book represents an important attempt to present the topics and issues from various perspectives with the maximum objectivity possible. Through comprehensive content editing, the editors have striven to improve the flow of arguments, remove inconsistencies and put the ideas together in as coherent a manner as possible. However, the editors acknowledge that some biases and overlaps may still persist.

Financial Management In The Digital Economy

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Publisher : World Scientific
ISBN 13 : 9811230021
Total Pages : 180 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Financial Management In The Digital Economy by : David Kuo Chuen Lee

Download or read book Financial Management In The Digital Economy written by David Kuo Chuen Lee and published by World Scientific. This book was released on 2021-12-02 with total page 180 pages. Available in PDF, EPUB and Kindle. Book excerpt: Financial Management in the Digital Economy adopts an integrated approach to synthesize the various areas in finance into a consolidated framework and implements the theories and practices in the world of digital economy. The first part of this book extends the fundamentals of asset management to digital assets, and also covers topics like cryptocurrency and blockchain technology. The next part of the volume discusses the concept of financial inclusion, digital innovations and technology-enabled business model innovations in the financial sector.This book reviews the finance and FinTech ecosystem to provide insights into the most important technological developments in the financial services to better understand the future trends, challenges as well as opportunities for both the incumbents and the start-ups in the fast-changing finance world.

Report of the Committee on Naval Boilers

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Author :
Publisher :
ISBN 13 :
Total Pages : 346 pages
Book Rating : 4.:/5 (334 download)

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Book Synopsis Report of the Committee on Naval Boilers by :

Download or read book Report of the Committee on Naval Boilers written by and published by . This book was released on 1904 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Blockchain And Distributed Ledgers: Mathematics, Technology, And Economics

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Publisher : World Scientific
ISBN 13 : 9811221545
Total Pages : 481 pages
Book Rating : 4.8/5 (112 download)

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Book Synopsis Blockchain And Distributed Ledgers: Mathematics, Technology, And Economics by : Alexander Lipton

Download or read book Blockchain And Distributed Ledgers: Mathematics, Technology, And Economics written by Alexander Lipton and published by World Scientific. This book was released on 2021-08-06 with total page 481 pages. Available in PDF, EPUB and Kindle. Book excerpt: This textbook focuses on distributed ledger technology (DLT) and its potential impact on society at large. It aims to offer a detailed and self-contained introduction to the founding principles behind DLT accessible to a well-educated but not necessarily mathematically oriented audience. DLT allows solving many complicated problems arising in economics, banking, and finance, industry, trade, and other fields. However, to reap the ultimate benefits, one has to overcome some of its inherent limitations and use it judiciously. Not surprisingly, amid increasing applications of DLT, misconceptions are formed over its use. The book thoroughly dispels these misconceptions via an impartial assessment of the arguments rooted in scientific reasoning.Blockchain and Distributed Ledgers: Mathematics, Technology, and Economics offers a detailed and self-contained introduction to DLT, blockchains, and cryptocurrencies and seeks to equip the reader with an ability to participate in the crypto economy meaningfully.

Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics

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Publisher : International Monetary Fund
ISBN 13 : 1557759677
Total Pages : 36 pages
Book Rating : 4.5/5 (577 download)

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Book Synopsis Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics by : Seungho Jung

Download or read book Geopolitical Risk on Stock Returns: Evidence from Inter-Korea Geopolitics written by Seungho Jung and published by International Monetary Fund. This book was released on 2021-10-22 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: We investigate how corporate stock returns respond to geopolitical risk in the case of South Korea, which has experienced large and unpredictable geopolitical swings that originate from North Korea. To do so, a monthly index of geopolitical risk from North Korea (the GPRNK index) is constructed using automated keyword searches in South Korean media. The GPRNK index, designed to capture both upside and downside risk, corroborates that geopolitical risk sharply increases with the occurrence of nuclear tests, missile launches, or military confrontations, and decreases significantly around the times of summit meetings or multilateral talks. Using firm-level data, we find that heightened geopolitical risk reduces stock returns, and that the reductions in stock returns are greater especially for large firms, firms with a higher share of domestic investors, and for firms with a higher ratio of fixed assets to total assets. These results suggest that international portfolio diversification and investment irreversibility are important channels through which geopolitical risk affects stock returns.