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Management of Cities and Regions

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ISBN: 9789535136033 9789535136040 Year: Pages: 228 DOI: 10.5772/68056 Language: English
Publisher: IntechOpen
Subject: Business and Management
Added to DOAB on : 2019-10-03 07:51:50

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Abstract

Cities and regions represent the driving force of development in economic, social, and cultural life and reflect the spatial organization of human society. Furthermore, strategic urban regions are becoming increasingly important players in the global economy, as the impact of national states decreases while the impact of cities and urban regions is increasing. The process of globalization is reflected in the tendency for gaining competitiveness and efficiencies of global trends. Once cities and regions have identified where they are, they need to decide where they want to be in the future. And to do this, they need to understand the significant trends that will influence the direction in which the future unfolds. Managing the identified capitals (four of them are subject of the sections in this book) effectively means taking a holistic approach, since each of the capitals depends on the others. The necessity of taking a holistic approach is one of the themes to emerge particularly strongly from the knowledge-based economy.

Trade and Global Market

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ISBN: 9781789238433 9781789238440 Year: Pages: 180 DOI: 10.5772/intechopen.70966 Language: English
Publisher: IntechOpen
Subject: Business and Management
Added to DOAB on : 2019-10-03 07:51:52

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International capital flows have become significantly important since the increasing trend in globalization of the early 1990s. The diversified global market has become one single market, the investment sector has strengthened itself and countries have started to allow investment inflows for economic growth. Empirical studies have revealed that political instability, political regimes and the quality of existing institutions, in addition to the transition procedure of a nation itself, have a deterministic effect on the linkage of economic growth and corruption. Additionally, exchange rate volatility can determine the amount of exchange rate risk that firms can be opposed to; therefore, exchange rate volatility is a crucial issue that should be monitored by central banks to prevent contagion of negative microeconomic developments to macroeconomic activity and stability. The significant transformation of banking markets raises many questions regarding the motives of financial organisations to finance SMEs, for example what are the factors that have an impact on these organisations' choice and market strategies?

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