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... made by immigrant entrepreneurs from India, China, and other countries, to innovation and job...However, there are few scholarly accounts of the process of 'break out', the nature of marke... entrepreneurs can target and serve national or global ethnic markets right from business incep.... ONS (Office of National Statistics, UK) (2002 and 2005). Data on self-employment by e...
We present new evidence from a natural experiment to show circumstances in which ownership restrictions can enhance value. Our evidence is based on multiple restricted bond issues by an emerging market issuer at 150 basis points lower than comparable bonds, resulting in a billion dollars saving. This is intriguing: how can an emerging market issuer with junk bond ratings obtain such low yields? We argue ownership restrictions enhance value since they enable an issuer to precommit to renegotiate efficiently with a favored clientele in the potential default states, thereby circumventing deadweight costs of prolonged negotiations, particularly when the restricted clientele also values the underlying collateral higher than other investors. Ownership restrictions can also result in a transfe...
... by an emerging market issuer (namely, India's largest bank, the State Bank of India) exclusive... II provides more detailed summary statistics of the comparable bonds, such as how many comparab... is too small (see Table II), we include national fixed effects in the regression in Column 1 of Tab... of the Non-resident Indian bonds alone accounts for some but not all the difference in yields betw...
... increased significantly after the nationalization of the 14 largest private banks in 1969. A number ... the Reserve Bank of India and National Accounts Statistics of the Central Statistical Organisation...
... Share of Developing Countries: India accounts for highest publication share (6.37%, 6.25% and 2.... Subject Areas--National Publication Statistics Subject Research Output 1997-07 1997-99 2005-07 Me...
Most of the study of causal relationship of GDP or growth with Trade and Foreign Direct Investment in the context of India rely on cross country comparisons, or simple correlations/regressions disregarding nonstationarity properties. Some papers which consider time series properties depend on VAR or VECM or Johansen-Juselius cointegration technique which is shown to suffer from potential pretest biases, influence of nuisance parameters and asymptotic unreliability. The pitfalls of these techniques especially considering the uncertainty in ascertaining the order of cointegration of the variables in the system have been well documented in the literature and also briefly mentioned in this paper. Therefore, this study employs the more recent and robust ARDL bound testing approach suggested ...
...The output of India accounts for almost 8% of global GDP when measured appropriiately. In particular, when National Income is measured using PPP (purchasing power par... 2008 were collected from Handbook of Statistics of Reserve Bank of India. The GDP data were collec...
...THE INDIAN SPEEDY TRIAL LANDSCAPE A. The Jurisprudence B. The... on pre-trial detention in terrorism and national security cases. Even in the United States, where t...(59) Fueled by media accounts of the delays and horrendous conditions of various... What the data do not tell us is if the statistics include or exclude those who have been denied bail...
... the companies do not have to report its accounts as per U.S. Generally Accepted Accounting Principl...Descriptive statistics of observations for the year 2003 are provided in ..., India, militants threw a grenade at a National Conference leader's car, injuring the leader who w...
This paper investigates the magnitude of geographic as well as commodity concentration for Malaysia from 1970 to 2003 and how the pattern of trade and instability has changed over time. The instability index is regressed upon a set of explanatory variables including commodity concentration, geographic concentration and share of primary commodity exports. The results indicate that the commodity concentration appears as a significant variable in explaining the export earnings instability. The paper recommends Malaysia takes several measures in order to remain immune from negative effects of instability. They include the continuous effort to stay competitive by maintaining productivity higher than production cost, to diversify as well as broaden its industrial base and constantly find new ...
... exports and imports as a proportion of national income can be measured by the geographic as well a... study revealed that with the exception of India, the exports of most South Asian countries were hi...METHODOLOGY. Although official national accounts statistics for Malaysia were published in 1955, th...
The most acute phase of the global economic crisis appears to have passed. Output growth has resumed in most parts of the world. It appears, however, that the upturn in advanced economies will only be moderate and that the economies of many countries will be marked by considerable spare output capacity and high unemployment ahead. The crisis has given rise to new imbalances that will dampen the recovery. Weak prospects have contributed to a marked decline in interest rate expectations in many countries. New information suggests that the recovery in the Norwegian economy is continuing, but that capacity utilization is probably somewhat lower than anticipated in autumn 2009. Monetary policy cannot fine-tune developments in the economy, but it can mitigate the most severe effects when the ...
...In line with the National Budget for 2010, our projections are based on the ...India and China, in particular, still have substantial l...Statistics Norway's business sentiment survey indicates that ...Preliminary national accounts figures show weaker growth in general government c...
... of his earnings to his family in a remote Indian village, commonly he chooses the informal, illegal... sources, such as balance of payments statistics, do not capture the volume of transactions that ta.... From firsthand accounts of contemporary hawala networks operating in Afgha...." Washington, DC: Report to the National Institute of Justice (NIJ) and Financial Crimes En...
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