extended abstract introduction economic development is a favorable aim for all nations and meeting this aim requires a good understanding of variables taking part in this process. the role of entrepreneurship in economic development has been mentioned by many authors as an important one. although creating jobs is a function of entrepreneurial process, but it is not the only one. entrepreneursh...

It is now widely accepted that the Asian economies have done extremely well in terms of economic growth and poverty reduction during the last three to four decades or so despite the crisis of 1997. Three decades ago, China was among the World’s poorest countries with 80 percent of the population having incomes less than US$1 per day and only a third of all adults able to read or write. By 2000 ...

This paper examines the impact of the global financial crisis on the Nigerian financial system. The paper documents extensive evidence to show that the immediate past governor of Central Bank of Nigeria was puerile in preventing the global financial crisis from having adverse effect on the Nigerian economy. As a result, the Nigerian capital market was seriously hit by the crisis. The prices of ...

Background: In order to achieve development, there is a need to pay attention to corruption, violence and poverty of nations, which stems from the lack of economic ethics and business environment ethics. Fundamental elimination of corruption, violence and poverty of nations in line with the practical motivations of economic development will not be possible except with the growing link between e...

Will the world be able to sustain economic growth indefinitely without running into resource constraints or despoiling the environment beyond repair? What is the relationship between a steady increase in incomes and environmental quality? Are there trade-offs between the goals of achieving high and sustainable rates of economic growth and attaining high standards of environmental quality? For s...

In this paper we provide new evidence about the relationship between financial crises and economic situation for different countries which belong to the OECD and emergent economies of Latin America and Asia. The results show new support to the different influence of economic situation according to the type of financial crises. Aggregate data and panel techniques are used taking into account the...

18.1 INTRODUCTION Environment and Economic Accounting has many meanings and uses. It can support national income accounting, financial accounting, or internal business managerial accounting. Environment and Economic Accounting refers to the use of data about environmental costs and performances in various operations (projects, business etc.). Why do environmental accounting? As indicated in the...

Proponents of the so-called New Economy claim that it entails a structural change of the economy. Such a change, in turn, would require the central bank to rethink its monetary policy to the extent that traditional relationships between inflation and economic growth are no longer valid. But such a rethinking presupposes that prospective advances in information technology and other factors assoc...

This paper examines the impact of business cycles and monetary policy on bank loan supply. To this end, we use a unique firm-bank match-level dataset covering listed firms in Japan that allows us to control for firms’ time-varying unobservable loan demand and endogenous bank-firm matching, so that we can identify the effects of business cycles and monetary policy on loan supply through the bank...