Suchergebnisse

Die Autoren gehen der Frage nach, ob Börsen in Entwicklungsländern die wirtschaftlichen Grundstrukturen der jeweiligen Staaten wiederspiegeln und damit eine wichtige Rolle in der Allokation von Kapital spielen oder ob sie eher nur spekulative Kapitalbewegungen reflektieren. Am Beispiel von drei Staaten wird untersucht, ob sowohl heimische als auch externe, ausländische wirtschaftliche Faktoren die reale Börsenentwicklung beeinflussen. Ergebnis: Während in allen drei Fällen das heimische Wirtschaftswachstum die Börse beeinflusst und Variable wie Umfang, Offenheit, Marktorientierung des jeweiligen Landes wie auch Umfang und Liquidität der Börse selbst von Bedeutung sind, sind darüber hinaus keine allgemein gültigen Einflüsse festzustellen. Externe wirtschaftliche Variable scheinen eher den Außenhandel als internationale Kapitalbewegungen zu beeinflussen, was auf eine nur geringe Integration dieser Kapitalmärkte hindeutet. (DÜI-Hlb)

In 1966 when Botswana gained independence, it was one of the poorest countries in the world. But by 1986, Botswana had achieved middle-income status, and in 2005, the World Bank classified it as an upper-middle-income country. The only other country to enjoy such rapid economic growth over such a long period is China—an average of 9 percent between 1968 and 2010. Botswana has also maintained democracy throughout its recent history, and this combination of economic and political success has earned it the reputation of an "African success story" (Acemoglu, Johnson, and Robinson 2002). Botswana's rapid economic growth has nonetheless left many individuals behind. Unemployment is a major issue, particularly among the young. Income inequality is extremely high, as is poverty. As such, it is important to understand the sources of Botswana's economic growth to better appreciate where it may come from in the future and what prospects it has for being more inclusive. ; PR ; IFPRI1; CRP2 ; DSGD; PIM ; CGIAR Research Program on Policies, Institutions, and Markets (PIM)

The world spins in economic turmoil, and who can tell what will happen next? Cold numbers and simple statistical projections don't take into account social, financial, or political factors that can dramatically alter the economic course of a nation or a region. In this unique book, more than twenty leading economists and experts render thorough, rigorously researched prognoses for the world's major economies over the next five years. Factoring in such varied issues as the price of oil, the strength of the U.S. dollar, geopolitics, tax policies, and new developments in investment decision making, the contributors ground their predictions in the realities of current events, political conditions, and the health of financial institutions in each national economy.The most comprehensive volume on the global economy available today, this book presents up-to-date research on Russia, Australia, Europe, sub-Saharan and South Africa, the major Asian economies, North America, and the largest economies of Latin America. With unsurpassed expertise, the authors explain what's going on in individual countries, how important current global issues will impact them, and what economic scenarios they most likely will face in upcoming years