The Indian financial sector has undergone a significant structural transformation since the initiation of financial liberalization during 1990’s. It brought significant changes in the financial sector in general and banking in particular. While there...
This paper aims to analyse the effects of institution quality on technology catch-up in five North African countries (Algeria, Egypt, Morocco, Sudan and Tunisia) compared to 3 groups of developing and emerging countries (Sub Saharan Africa, Asia, and...
The success of new start-up firms often depends on timing. It is valuable for the potential entrepreneur to wait for the right moment before starting a new firm. In this paper we provide a theoretical model to determine the optimal time for starting...
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