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DEVELOPING ECONOMICS (2) answer(s).
 
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ID:   100318


Diffusion and effects of cyber-crime in developing economies / Kshetri, Nir   Journal Article
Kshetri, Nir Journal Article
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Publication 2010.
Summary/Abstract Cyber-crime's footprints across the developing world are getting bigger. The aim of this article is to examine the structure of cyber-crimes in developing economies. Its central idea is that economic and institutional factors facing cyber-criminals and potential victims in the developing world are different from those in the developed world. In economies characterised by low internet penetration rates and few resources devoted to fighting cyber-crimes, formal institutions related to such crimes tend to be thin and dysfunctional. A cyber-criminal is less likely to be stigmatised in such economies. Moreover, organisations' and individuals' technological and behavioural defence mechanisms are likely to be weaker. Many people in developing economies are also attracted into cyber-crime because of high unemployment and low wages.
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2
ID:   101340


Growth-volatility tradeoff in the face of financial openness: a perspective of developing economies / Sheng, Li   Journal Article
Sheng, Li Journal Article
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Publication 2010.
Summary/Abstract This paper analyses optimal tradeoffs between economic growth and economic volatility given the risk of open capital markets in developing countries due to their financial vulnerability to unfettered capital flows. It is argued that free policy choices are efficiently superior to free capital mobility and that a developing country can be open to higher growth and lower volatility only if its financial system is substantially strengthened.
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