scholarly journals Economic Growth and Longevity Risk with Adverse Selection

De Economist ◽  
2012 ◽  
Vol 161 (1) ◽  
pp. 69-97 ◽  
Author(s):  
Ben J. Heijdra ◽  
Laurie S. M. Reijnders
Keyword(s):  
Economic Growth ◽  
Adverse Selection ◽  
Longevity Risk

scholarly journals Economic Growth and Longevity Risk with Adverse Selection

2009 ◽  
Author(s):  
Ben J. Heijdra ◽  
Laurie S.M. Reijnders
Keyword(s):  
Economic Growth ◽  
Adverse Selection ◽  
Longevity Risk

Longevity risk and economic growth in sub-populations: evidence from Italy

2020 ◽  
Author(s):  
Giuseppina Bozzo ◽  
Susanna Levantesi ◽  
Massimiliano Menzietti
Keyword(s):  
Economic Growth ◽  
Longevity Risk

Globalisation, Investment, and Global Economic Growth

2015 ◽  
pp. 296-324 ◽  
Author(s):  
Shefali Virkar
Keyword(s):  
Economic Growth ◽  
Asymmetric Information ◽  
Adverse Selection ◽  
East Asian ◽  
Banking Crises ◽  
Critical Examination ◽  
Economic Agents ◽  
Asian Tigers ◽  
Global Economic Growth

For any economy to be healthy, a strong financial system is required to efficiently move funds from unproductive to productive economic agents. Banks play an important role in this respect as their presence and structure reduces the problems of adverse selection, moral hazard, and asymmetric information. Recent decades have been overshadowed by a series of systemic banking crises that have left many parts of the developing world gasping for breath. In particular, economies like Mexico and the East Asian tigers have been hit hard both during and in the aftermath of such financial misadventures. This chapter thus attempts to examine the causes of banking crises in the light of available evidence. More specifically, the research enumerates and analyses the role of both macroeconomic and microeconomic factors in precipitating such crises through a critical examination of the existing literature, and illustrates each factor with examples from key pan-global financial catastrophes.

Effect and Effectiveness of Microfinance in the Presence of Political Environment

2018 ◽  
pp. 296-307
Author(s):  
Saptarshi Chakraborty
Keyword(s):  
Economic Growth ◽  
Moral Hazard ◽  
Special Reference ◽  
Adverse Selection ◽  
Political Regime ◽  
The Political ◽  
Political Environment ◽  
Microfinance Institutions ◽  
Integrating Factor

Microfinance is an integrating factor of the potentiality of the local poor masses to the formation of GDP. It is the deciding factor whether economic growth is supply leading or demand following. Confronting with adverse selection, moral hazard, and collateral issues, it is to be studied whether microfinance thrives when it is administered well. This chapter intends to examine a case study of success and viability of microfinance in some places of the state of West Bengal, India with special reference to change in the political regime. In this light, assets, deposit liabilities, loans, and advances of microfinance banks are used as proxy for the activities of microfinance institutions while repayment of priority sector loans is used as a proxy for viability of microfinance activities. Results show that microfinance is successful not when large amount of loans are given out but when loans are actually repaid successfully, which is ensured by good political environment in the remote area.

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