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ROLE OF GOVERNMENT (2) answer(s).
 
SrlItem
1
ID:   120004


Effects of formal institutions on business performance in the P: an exploratory study / Roxas, Banjo; Chadee, Doren; Pacoy, Emilia   Journal Article
Roxas, Banjo Journal Article
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Publication 2013.
Summary/Abstract The resilience of Asian firms in the face of the current economic downturn in North America and Western Europe is attracting renewed attention to the role of government in sustaining firm competitiveness. The paper adds to this debate by drawing from institutional theory to assess the impacts of selected formal government institutions on business performance in the Philippines. Based on a large-scale survey (n = 658) of business owners in the Philippines undertaken by the World Bank, the study finds that access to finance, the rule of law and regulatory quality contribute significantly to business performance. The policy implications of the findings are fully discussed, along with avenues for future research.
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2
ID:   128149


Rapid growth and changing economic structure: the expenditure side story and its implications for China / Perkins, Dwight H   Journal Article
Perkins, Dwight H Journal Article
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Publication 2012.
Summary/Abstract The purpose of this essay has not been to provide China with a detailed list of all of the things that the country must do to maintain a high growth rate. The purpose of this essay instead has been to analyze some of the most basic choices that China must make going forward, choices that are not yet fully understood either by government or private analysts. China has a very unusual economic structure at least on the aggregate demand side and that creates special challenges that other countries have not had to face to the same degree. How well China handles these challenges will determine whether it will continue to progress rapidly to middle income status and beyond.
Key Words China  Future Development  Role of Government 
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