Strengthening Safeguards in Bank Resolution Frameworks in Emerging and Developing Countries

10.1596/33731 ◽  
2020 ◽  
Author(s):  
Author(s):  
Amirmahmood Amini Sedeh ◽  
Amir Pezeshkan ◽  
Rosa Caiazza

AbstractInnovative entrepreneurship is one of the key drivers of economic development particularly for less developed economies where the economic growth is at the forefront of policymakers’ agenda. Yet, the research on how various factors at different levels interact and bring about innovative entrepreneurship in emerging and developing countries remains relatively scarce. We address this issue by developing a multilevel framework that explains how entrepreneurial competencies attenuate the negative impact of innovation barriers. Our analysis on a sample of individuals from 24 economies, 17 developing and 7 emerging countries, reveals that entrepreneurial competencies become more instrumental for innovative entrepreneurship when general, supply-side, and demand-side innovation barriers are higher. The findings offer unique insights to policymakers particularly in developing countries interested in promoting innovative entrepreneurship and to entrepreneurs and investors seeking to establish and support innovative ventures.


2019 ◽  
Vol 26 (3) ◽  
pp. 910-920 ◽  
Author(s):  
Sani Abubakar Saddiq ◽  
Abu Sufian Abu Bakar

Purpose The purpose of the study is to investigate the impact of economic and financial crimes on the economies of emerging and developing countries. Design/methodology/approach Preferred Reporting Items for Systematic review and Meta-Analysis (PRISMA) guidelines and meta-analysis of economics research reporting guidelines were used to conduct a quantitative synthesis of empirical evidence on the impact of economic and financial crimes in developing and emerging countries. Findings A total of 103 studies were searched, out of which 6 met the selection/eligibility criteria of this systematic review. The six selected studies indicated that economic and financial crimes have a negative impact in emerging and developing countries. Originality/value To the best knowledge of the authors, no published systematic review of the impact of economic and financial crimes in developing countries has been conducted to date.


2019 ◽  
Vol 10 (1) ◽  
pp. 112 ◽  
Author(s):  
KamiliaKamilia LoukilLoukil

We investigate in this paper the effect of financial development on innovation in emerging and developing countries. The estimation of panel threshold model for a sample 54 countries during the period 1980-2009 shows the presence of non linear effects in the relationship between financial development and innovation. We find a threshold value of economic development below which the financial development level has no significant impact on innovation and above which financial development has a significant positive impact on innovation. In sum, our findings suggest that the presence of a healthy economic environment is crucial for financial institutions to offer high-quality financial services, promoting more innovation.


2018 ◽  
Vol 1 (1) ◽  
Author(s):  
Ahmed Elewa

Urban poverty areas (UPA) in the main cities of the emerging and developing countries are representing the product of a chaotic urban-isation process. This process started through the recent decades as a result of the economic reform in many Emerging countries, mainly in Asia, South America, and some cases in Africa such as Egypt and South Africa. Under the umbrella of the term UPA, there are many other terms such as slums, shantytowns and informal urbanism. In this study, the focus is on a special case of UPA which exist in the main cities of the emerging countries and some cases of developing countries. These UPA have some of the slums characteristics, which indicate the low quality of the urban life such as the pollution of the urban environment, the high density of built up area and the lack of social spaces. However, these areas mainly consist of permanent buildings which were built in most cases by the dwellers themselves due to their basic socio-economic needs, also in most of the cases the basic infrastructure are available. The study hypothesis is discussing the possibility of enhancing the quality of urban life in those UPA through a strategy of integral mul-ti approaches based on the potential opportunities of public spaces. In other words, the key to a successful strategy is “integration”, meaning that all approaches, policies, and projects are considered in relation to one another. This includes the using of new approaches such as green infrastructure (GI) through an integration framework with the other prevalent urban approaches such as participatory, towards innova-tively interactive urban communities. An analytical comparative study was done based on qualitative methods by studying various case studies of UPA in main cities of emerging and developing countries that were up-graded through a strategy of integral multi approaches. These rely on the public spaces as a medium for change, as well the using of quantitative and qualitative methods through actual case studies. The results represent lessons from practice. Based on actual cases, the cumulative urban experiences through various selected cases of upgrading UPA showed that the success depends on the using of an integral approach (multi-disciplinary) that relies on livable innovative public spaces. The new approaches such as GI cannot stand alone, but the strategies can be efficient by using integral an multi approach strategy. The cases also showed that public spaces in UPA are cen-ters of the daily socioeconomic activities, which is why these areas can act as arenas for change, towards better quality of urban life.


2012 ◽  
Vol 51 (4II) ◽  
pp. 209-226
Author(s):  
Shahbaz Nasir

Traditionally, developed countries are the major exporters of services; however, technological developments in IT and communications over the last two decades have made it possible for developing countries to exploit their comparative advantage in some modern services. The driving force for this comparative advantage is the large pool of semi-skilled and skilled graduates in emerging countries who can deliver their services across borders, using advanced communication technologies. Why do emerging countries have increasing modern services exports? How are these exports explained by theory? What are the factors behind this export growth and the reasons to expect future growth? These are some of the important questions that researchers and policy-makers would like to find answers to and an attempt has been made to answer these questions in this paper. Identification of the sources of services export growth from emerging and developing countries can be attempted through established theories of goods trade and production. This paper reviews selected theory and empirical work in order to explain the underlying causes for growing exports of services. Causes for the export of modern services may include a comparative advantage of the exporting country, cost reduction for the importing firm through outsourcing, reduction in trading costs due to technological improvements and an increase in gains from services trade.


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