On the eve of elections in India, farm loan waiver became one of the major election promises.
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A proliferation of regional trade agreements (RTAs) has been witnessed across the world but also
The rise of China, emergence of India and expansion of other economies in Asia are dramatically c
This paper explores the economic implications of the Regional Comprehensive Economic Partnership
This paper replicates the study of Topalova (2010), performs a robustness check, and extends the
In India, most of the investments in the service sector are made in the form of private equity (PE), with the e-commerce segment being the largest receiver. Although this has allowed the sector to grow, it does not favour the interests of young start-ups, as PE investors merely seek for short-term profit opportunities.
In Contemporary South Korean Economy, Chiang provides a critical analysis of the Republic of Korea’s economic development in the two most recent decades. Chiang highlights that most of the literature on the Republic of Korea’s economy focuses on the country’s substantial economic growth periods between the 1960s and 1980s; yet, there is little literature that discusses Republic of Korea’s post-industrialization period. Examining the recent economic performance of the country is important because policymakers can observe whether the Republic of Korea’s export-oriented policies were sustainable in the long-run. This book aims to investigate the core economic structures of the country and issues after attaining its post-war industrialization. Contemporary South Korean Economy is a necessary addition to literature on the country’s miraculous growth.
This paper examines the effect of corruption on the business environment in Viet Nam. Our survey of firms operating in Viet Nam suggests that corruption is perceived as the most severe business constraint for their operation. Also, corruption has a significant negative association with the overall satisfaction of the business environment in Viet Nam. Such results support the hypothesis that corruption has a “sand the wheel” effect on firms’ business activities. While this paper sheds light on the importance of corruption, it would be useful to conduct follow-up studies to examine corruption and its impact in more detail. Such studies could be conducted in those segments that most severely suffer from corruption according to our survey, i.e., medium-sized enterprises, hotel/restaurant and construction sectors, Hanoi based, and Vietnamese owned firms.