The overall effects of policy reforms enacted during the 1990s in Mexico on financial and economic profitability of Yaqui Valley agriculture are assessed in this study, which describes the reforms, examines how exogenous shocks affected the reform process, and documents how rural people and...

This paper examines the leverage, efficiency, and debt-repayment capacity of the Chinese enterprise sector using aggregate and firm level data. The cash coverage of interest expense, in particular, is used as a bridge between enterprise finances and banks' asset quality in order to develop...

This paper examines the leverage, efficiency, and debt-repayment capacity of the Chinese enterprise sector using aggregate and firm level data. The cash coverage of interest expense, in particular, is used as a bridge between enterprise finances and banks'' asset quality in order to develop...