Though FSFDI has positive impacts on the financial system of emerging market countries such as improving the efficiency of capital allocation, it also enforces the financial regulationities facing great challenges by bringing new financial fragilities.
Much of recent literature on emerging markets crisis highlights the limited financial development of these economies and the severe credit squeeze experienced by local firms during crises.
However, compared with mature foreign stock markets, there are still many problems with China stock market as an emerging one, which leads to large volatility and strong speculation and increases too many risks on investors.
This forces hospital owners and other providers to enhance their performance, to sharpen their profile and to improve their image in the emerging market.
We show that the under-supply is a non-monotone function of the demand distortion that causes it, a result that may have interesting implications for emerging markets economies.
Emerging Market is a new concept that comes out recently. The development of Emerging Market is one of the most important changes about the world political and economic situation, but experts haven't reach to common sense on the definition of Emerging Market. This article summarized some western researchers' theories on the Emerging Market,compared the Emerging Market with some other countries whose economic styles are different, and analyzed the researches which were done by internal and external researche...
As a new form of market, Market Cluster is becoming a new landscape of economic development of China from 1990s, and has been playing an important role in the industrial development of regions. Scholars have explored its features, formative factors and influences on economic development. However, some crucial problems such as the theoretical mechanism, the economic efficiency,and the interaction between market cluster and the local industries. have not been studied yet.With these problems as points of depar...
The foreign banks have been playing an increasingly important role in the host countries' banking system since 1990s. The issue whether the foreign banks' entries will improve the banking systems' efficiency of the host countries has drawn great attention in the academic community. In this context, this paper engaged in the empirical analysis of the emerging countries. We found out that the efficiency improvement relied on the effectiveness of competition and was constrained by some conditions and transmiss...