The political economy of Cyprus’s financial sector reform

This study examined the growth rates in agricultural investments and output in Nigeria from 1970-2009 using ordinary least square in a time series analysis. Findings revealed that agricultural investments and growth recorded a growth rate of 37.44 percent and 30.47 percent in the pre-financial sector reform periods. The result for the financial sector reform periods showed a growth rate of 23.00 percent and 7.04 percent for agricultural investment and growth respectively. The differences in growth rates were not significantly different at 5 percent (tcal < ttab at P=0.5) between the periods. There was also deceleration in growth of agricultural investments in the two periods under consideration, implying that financial sector reform might have brought an overall decrease in agricultural investments in the two periods. Also, while there was stagnation in the growth process of agricultural output in the pre-financial sector reform periods, there was acceleration in the financial sector reform periods. Hence, policies and sound regulatory framework that would enhance the development of a strong, healthy and dynamic financial system should be pursued. Such policies should be tailored towards the provision of sound infrastructures and macroeconomic stability that would create incentives for agricultural investment and growth of business opportunities on a sustainable basis and foster the expansion of financial institutions.

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An Overview And Critical Evaluation Of Financial Reform System In China

International Business & Economics Research Journal (IBER) ◽

10.19030/iber.v6i10.3421 ◽

2011 ◽

Vol 6 (10) ◽

Author(s):

Mohamad Sepehri

Keyword(s):

Political Economy ◽

Foreign Direct Investment ◽

Direct Investment ◽

Foreign Currency ◽

Critical Evaluation ◽

Financial Sector ◽

Survey Study ◽

Socioeconomic Environment ◽

Financial Sector Reform ◽

Business Week

The purpose of this survey study has been to identify the primary elements of the financial sector reform (FSR) and their impact on the socioeconomic environment of China (Peoples Republic of China), and to assess the level of progress, risks, and problems stemming from the Chinas political economy. The research findings indicate that the level of the financial risks has greatly increased in recent years and that China is dealing with inherent financial concerns and potential financial crisis. Ironically, the growth of foreign direct investment has accelerated in Chinese ventures (Warner, 2004), in spite of the recent warnings by various sources such as Business Week (January 19 & May 3, 2004). Currently, the amount of foreign direct investment about $491 billion is flooding the foreign currency system and putting heavy pressure on the Yuan. This is because the investors usually rely heavily on the financial ratios i.e. profitability and growth, as the criteria for investment decisions. However, it would be a critical mistake to disregard the role of policy in risk analysis especially in a political economy such as China. This research study intends to establish an accurate barometer for the assessment of the risk factors within the financial sector and their impact on sectors reform.

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