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1.
The Relationship Between Ease of Doing Business Indicators and Foreign Direct Investment in Africa
Darlington Chizema, Ewert P. J. Kleynhans, 2026, original scientific article

Abstract: This study examines the impact of the business environment on foreign direct investment (FDI) inflows into Africa, utilising panel data from 39 African countries over the period 2005–2019. Institutional and regulatory dimensions are captured through selected indicators from the World Bank’s Ease of Doing Business Index. A dynamic panel data approach is employed, applying the one-step difference Generalised Method of Moments (GMM) estimator to address potential endogeneity, autocorrelation,  and unobserved heterogeneity. The results indicate strong persistence in FDI, with lagged inflows exerting a significant positive effect on current levels. Among the business environment indicators, registering property is positively and significantly associated with FDI, highlighting the importance of secure property rights. Conversely, getting credit shows a significant negative relationship, suggesting that inefficiencies in credit markets may deter investment. These findings underscore the need for policy reforms aimed at streamlining property registration and enhancing credit market infrastructure to foster a more conducive environment for sustained FDI inflows and economic development.
Keywords: foreign direct investment, economic development, Africa, investment, ease of Doing Business, business environment, GMM
Published in RUP: 10.04.2026; Views: 46; Downloads: 1
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2.
Shaping Stability : Can the Finance-Growth Nexus Achieve It?
Ahmed Mahmoudi, Mohamed Torra, 2025, original scientific article

Abstract: This paper assesses the tripartite link between a country’s financial (in) stability, its level of financial development, and economic growth. Using a panel of 21 countries over the period 2001–2020 and using the IMF Financial Market Index to proxy financial development, we find (i) that financial stability varies positively with the development of the financial system, and (ii) that the relationship between financial stability and economic growth depends critically on the level of financial development of each country. These results show that in the absence of financial development, the impact of economic growth on financial (in)stability will havedifferent effects. In addition, we performed a subsample analysis by dividing the overall sample into two subsamples based on stability levels. We find that financial development enhances stability more in the more stable subsample, while growth does so in the less stable subsample. 
Keywords: financial (in)stability, financial development, economic growth, financial market index, emerging and developing markets
Published in RUP: 16.01.2026; Views: 261; Downloads: 0
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Mediterranei e mitteleuropei : contributo allo studio dell'idea di benessere commerciale a Trieste nell'ultima età asburgica
Giulio Mellinato, 2010, original scientific article

Abstract: In the 1860s in Trieste, the imminent opening of the Suez Canal created the conditions for reflection upon the possible advantages of the transformation of the Mediterranean Sea from a closed basin into a transit sea and what this transformation could bring to the local economy. In general, two perspectives emerged among the local intellectual elite: one that was substantially conservative and "legitimist" and tied to the valorisation of institutional continuity based on the Habsburg nexus, advocated by Pietro Kandler. The second view, more progressivist and "Mediterranean", advocated by Pasquale Revoltella, aimed at taking advantage of all the liberties of movement and autonomies enjoyed by the Triestine commercial class. Since then, the dichotomy between the "continental" and "Mediterranean" visions of the path that commerce in Trieste should undertake has become recurrent in reflections of the economy and politics in the town, hiding much more concrete interests and aspirations interwoven in the town's intricate social tissue
Keywords: economic development, transport revolution, maritime history, economic nationalism, irredentism, bourgeoisie
Published in RUP: 10.07.2015; Views: 4173; Downloads: 9
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Facing the new challenge
Tea Ward, 2005, undergraduate thesis

Keywords: entrepreneurship, eco-efficiency, sustainable development, triple bottom line, ISO 14001, economic view, Kyoto protocol, staff, job security, diplomska dela
Published in RUP: 15.10.2013; Views: 4641; Downloads: 149
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