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Full-Text Articles in Social and Behavioral Sciences
Debt Accumulation And Economic Growth In Emerging Market Economies: Is Debt Promoting Or Hindering Growth?, Kelly Stone
Debt Accumulation And Economic Growth In Emerging Market Economies: Is Debt Promoting Or Hindering Growth?, Kelly Stone
Mahurin Honors College Capstone Experience/Thesis Projects
The International Monetary Fund (IMF) recently warned of the growing accumulation of debt in emerging market economies (EMEs) and the potential for debt crises, a clear warning for investors (Allen, 2018). While the IMF suggests investors may be better served elsewhere, EMEs hold an integral role in the international market as consumers, producers, and entrepreneurs. Despite regular research on advanced economies, middle income countries like EMEs are often ignored. As EMEs grapple with their inability to overcome the current increase in the value of the US Dollar, this study works to understand how debt impacts economic growth and other governance …
The Relationship Between Economic Freedom And Economic Growth: The Transistion Process In Vietnam And China, Hanh T. Vu
The Relationship Between Economic Freedom And Economic Growth: The Transistion Process In Vietnam And China, Hanh T. Vu
Mahurin Honors College Capstone Experience/Thesis Projects
The relationship between economic freedom and economic growth has always been frequently discussed in the economic literature. Economic freedom is often believed to enhance economic growth, which in turn creates more economic freedom. The first part of this paper studies the transition process in China and Vietnam from a planned economy to a free market economy. The transition process, which takes place over the period of more than two decades, allowing more economic freedom, and implementing some elements of a free market, has boosted the growth rate in both China and Vietnam, and increased considerably the standard of living of …