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Finance and Financial Management

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Selected Works

2011

Economics

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Full-Text Articles in Business

Overview Of The Evolution Of China's Central Bank And Monetary Policy: Correlation To The European Union, Alida S. Skold Jul 2011

Overview Of The Evolution Of China's Central Bank And Monetary Policy: Correlation To The European Union, Alida S. Skold

Alida S. Skold

As an innovator in the financial system, China was the first to use paper currency. Eventually the form of currency was held responsible for devastating inflation and was abandoned during the Ming Dynasty. Going forward in time, uprisings and discontent have emphasized the importance of controlling inflation. The central bank is pivotal in issuing monetary policy to control inflation and to maintain financial stability as the government transforms itself from a planned economy to a mixed market economy. The transforming economy is moving toward a free market system through series of economic reforms. The correlation between China’s structure and the …


Institutional, Macro Economic Policy Factors And Foreign Direct Investment: South Asian Countries Case, Muhammad Azam, Hashim Khan, Ahmed Imran Hunjra, H. Mushtaq Ahmad, M. Irfan Chani Jun 2011

Institutional, Macro Economic Policy Factors And Foreign Direct Investment: South Asian Countries Case, Muhammad Azam, Hashim Khan, Ahmed Imran Hunjra, H. Mushtaq Ahmad, M. Irfan Chani

Ahmed Imran Hunjra (PhD)

Recent economic literature suggests that institutional quality factors exert positive effect on foreign direct investment (FDI) inflows. The main focus of this study is to examine the role of institutional factors and macro economic policy factors on FDI inflows in a panel data of seven South Asian countries over the period of 12 years since 1996 to 2007. This study implies that a good institutional quality plays a key role in attractiveness of FDI inflows. A poor macroeconomic policy situation produces negative impact on FDI. Good Institutional quality and poor macroeconomic policy generate negative effect in a combined form on …