Policy analysis of Nationally Determined Contributions in the Europe and Central Asia region

2021 ◽  
2015 ◽  
Vol 60 (01) ◽  
pp. 1550004 ◽  
Author(s):  
CHI KEUNG MARCO LAU ◽  
FU STEVE YANG ◽  
ZHE ZHANG ◽  
VINCENT K. K. LEUNG

Recent studies in the innovation literature show that Foreign Direct Investment (FDI) enhances innovations in recipient countries through spill-over effects. In this paper we extend the existing literature by incorporating the corruption index in the estimation procedure. Using a cross-country analysis from the Europe and Central Asia (ECA) region, covering 57 countries over the period of 1995–2010, we find no evidence of FDI spill-over effects on innovations, when corruption is endogenously modelled in the regression. Interestingly, we find that corruption and expenditure on education sector are positively related to the number of patents applications, suggesting anti-corruption programs encourage innovations that promote economic growth. Our study shed light on the national innovations and anti-corruption programs.


Author(s):  
Hakan Bal

This study examines the effects of asset tangibility, profitability, size and liquidity on capital structure (debt leverage) across the construction companies operating in in Europe and Central Asia region using the data between 1993 and 2019. The study documents that the capital structure and other financial ratios under study differ across countries, even in the same industry. Book leverage is found to be significantly negatively related to asset tangibility, profitability and liquidity in accordance with pecking order theory. In particular, fixed ratio has a negative effect on debt ratio in Russia and Romania, but no effect in other countries under study. The effect of size disappears when time dummy variables are introduced.


2013 ◽  
pp. 22-30
Author(s):  
Родионов В.А

Mongolia Politics Democratization: Foreign Factors  The article discusses the foreign policy aspects of the democratization of the post-socialist Mongolia. In fact Mongolia is only post-socialist state in the Central Asia region that has achieved success in the democracy transition process. Unique geopolitical position, the strategy of the “third neighbor”, national security and economic interests have largely determined the nature and direction of democracy transition in Mongolia.


Author(s):  
William Byrd ◽  
Martin Raiser ◽  
Anton Dobronogov ◽  
Alexander Kitain

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