In the reform of administrative examination and approval system, intermediary organizations have “sprung up” played an important role in undertaking decentralization power by government providing professional services. However, practice, some become “two governments” process approval, which not only damages authority government, but also increases burden on citizens enterprises, making it diffi...

hile the term “the Great Recession” has been loosely applied to almost every economic downturn in the past twenty years, the crisis of 2007-09 has—more than most recessions—lived up to that name. The crisis has been felt across virtually all economic sectors and in all parts of the world. Still, if its effects have been widespread, its origins were narrower: the crisis had its roots in the fina...

This paper examines the impact of globalization on income inequality in a panel of 78 developed and developing countries over 2002–2015. Moreover, the indirect effect of financial development in the link between globalization and income inequality is also analyzed by incorporating the interaction term between globalization and financial development. The empirical evidence based on the first-dif...

the relationship between economic growth and developments in the ‎financial sector has been one of the most discussed areas in economics ‎for a long time; and the direction of causality – whether financial ‎development causes economic growth or vice versa – is by no means a ‎settled issue.‎this paper investigates the short- run and long-run granger causality ‎between financial development and e...

This chapter explores the theory of supply chain intermediation. Using a bargaining theoretic framework, we set out to examine why intermediaries exist, different forms they operate, and the way they influence supply chain efficiency. The notion of intermediary has its root in the economics literature, referring to those economic agents who coordinate and arbitrate transactions in between a gro...