A well performing industrial sector plays an important role in poverty mitigation, unemployment reduction, trade promotion, exchange of goods and services, increased per capital income and GDP growth etc. Numerous studies have investigated the institutional financial performance and their outcomes for emerging states predominantly in perspective of South Asian and African economies. Nonetheless, after global financial crisis and fall of Bretton wood system a new debate was generated to re-examine the issue after implementa-development of South Asian region economies. The study also discussed the models from policy perspective and provides recommendations for the policy makers to improve or redesign favorable policies based on findings.
Coronavirus (COVID-19) has affected life expectancy and disturbed economic growth. In pursuance of a better understanding of the probable economic consequences, the present research evaluates seven diverse scenarios/situations to anticipate the possible progression of COVID-19 using a global hybrid dynamic stochastic general equilibrium (DSGE)-computable general equilibrium (CGE) general equilibrium model and also investigates the macroeconomic outcomes.
The research paper reconnoiters the digital entrepreneurship and its influence on the business setting in developing economies (China India, Brazil, Russia, Mexico, Indonesia, Turkey, Thailand, South Africa and Malaysia). The empirical data was collected through 1,445 semi‐structured interviews with these economies' entrepreneurs. The research outcomes highlighted that entrepreneur's knowledge act as a sensitive social expectation and enhances support, even the non‐contributively factor of institutional trust. Findings demonstrated that administrative initiatives toward digitalization are pledged to consume invigorated entrepreneurship in all emerging economies consequently providing better chances for advancement and prevailing institutions requirements for further development in order to confirm the economic growth and supportable entrepreneurial situation.
A better functioning industrial sector matters directly for growth and contributes indirectly to poverty alleviation, unemployment reduction, trade promotion, exchange of goods and services, increased per capital income, GDP growth and so forth. in developed and Least developed countries (LDC). Nonetheless, after global financial crisis and fall of Bretton wood system a new debate was generated to re-examine the issue after the implementation of financial liberalization policies in different economies. Therefore the present research focuses on examining the predominant determinants of industrial developments for a sample of developed economies and check the comparison between European Union (27 Countries
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