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Full-Text Articles in Regional Economics
Motivations For Luxury Consumption: Insights From Tunisia’S Emerging Market, Pranjal Gupta,, Mouna Zaghdoudi
Motivations For Luxury Consumption: Insights From Tunisia’S Emerging Market, Pranjal Gupta,, Mouna Zaghdoudi
Journal for the Advancement of Developing Economies
Luxury consumption and the desire for luxury are well-accepted phenomena. Myriad studies have documented the pervasiveness of the luxury market in the West and the high growth and strong potential of Asian luxury markets. It is also evident that as resources have grown in a region, luxury consumption and the desire for luxury products have followed. Nevertheless, the need for more far-reaching studies that explore emerging markets are important to understand the differences in how luxury may penetrate these markets, given variations in resources and culture. This paper investigates a number of factors that may contribute to the emergence of …
The Us Financial Crisis, Emerging Markets And The Effects Of Imf Loans, Bridgette Bain
The Us Financial Crisis, Emerging Markets And The Effects Of Imf Loans, Bridgette Bain
Journal for the Advancement of Developing Economies
The main hypothesis of this paper is that emerging markets with outstanding debt from the IMF and their economies are more severely affected by shocks to the world than countries that do not undertake IMF debt. The effect that shocks have on these economies is also dependent upon the size of the debt borrowed. This paper analyzes the effects that outstanding IMF debt has on emerging markets. Essentially, it observes the responses of emerging markets to shocks in their economy when they are indebted to the IMF. We observe 35 emerging markets as defined by Dow Jones in 2010 and …