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Open for comment; Most popular and scholarly writing about China’s global push overemphasizes the power of the state.
This study of the relationship between the infrastructure project and development of the local financial sector finds that, in districts along and near the GQ, initial levels of financial development shaped how, and where, infrastructure investment could jumpstart real economic activity.
Online sellers in many emerging markets are in the early stages of a shift from cash-based payments to digital payments.
However, there is some evidence of better risk oversight both from managers and the board.
Mobile payment apps help us keep track of shared costs but may also frustrate personal relationships. Open for comment; In the new book Fintech, Small Business, & the American Dream, Karen Mills describes how technology is opening up new capital for entrepreneurs.
Open for comment; Since the 2008 financial crisis, bank boards have not improved their cultural or gender diversity compared to other companies, nor are they better qualified than before the crisis.
Outside directorships of bank directors and the extent of CEOs also being Chairman also remains the same.
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This paper generates insights into the structure of asset price bubbles by modeling beliefs from fundamental psychological assumptions, and combining this with standard neoclassical mechanisms, such as learning from prices and speculation.
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