Global Economic Crisis And Followrs

Explaining the Global Economic Crisis

The ICT-Enabled Global Economic Crisis

This study examines one of the unintended consequences of ICT investments in developing economies. Although ICT has helped developing countries create links with the global marketplace, which in turn has stimulated economic growth during the good times, it has also synchronized these economies such that the global economic crisis has also affect them. This paper specifically studies the questio...

The Global Financial Crisis, Economic Integration and China’s Exports: A Causal and Predictive Analysis

Recent strong growth of China’s exports has elevated the country to a rising global economic power and caused geo-political concern to policy-makers in the country and its trading partners world-wide. What are the determinants of this growth, how has it affected major economies in ASEAN (World Bank, 2009) in particular, and what kind of evidence-based responses are required and appropriate? The...

Entrepreneurship , Structural Change and a Global Economic Crisis

Building on a Lewis-type model of structural change and entrepreneurship we show how a global economic crisis consisting of a financial and a trade shock can undermine structural change in developing countries via the start-up and innovation activities of entrepreneurs. The model analytics identifies a number of challenges for structural change in a post-crisis world, including dealing with gre...

Economic Crisis and Audit Fees

Economic crisis generally increases firms’ bankruptcy and consequently audit risk. Hence, auditors are more likely to respond to this increased risk through increasing audit fees. However, in the lack of adequate empirical and theoretical evidence, the role of this macro-economic variable, economic crisis, is not clearly demonstrated on audit fees. Therefore, this study investigates the role of...