The emerging economies in the South Asian region have embarked on a bold reform process to develop the banking sector. This development has improved the transparency and accountability of the banking sector because these countries focused on best practice corporate governance for banks. In view...

This paper provides an empirical explanation to the observed disparity in cross-border M&A inflows to developing and developed countries over the last two decades. We show two main results. First, the disparity can be attributed to the difference in the quality of institutions between the two...

Corporate governance of listed companies has become a focus in China capital market. Corporate governance being the most important organization structure and control mechanism of modern enterprises is directly affected by its external environment and internal mechanism. In view of the external...

Institutional entrepreneurs are often responsible for bringing practices to developing countries that, while novel for the latter, are highly institutionalized in the West. This cross-border diffusion often involves the exercise of power that while serving institutional entrepreneurs interests...

The newly elected government proposed its first budget on 11 June 2009 with a view to support a trajectory of moderate growth, reduced poverty through employment generation and expansion of safety nets, low price level and to tackle the impact of the global financial crisis. The Centre for...

The newly elected government proposed its first budget on 11 June 2009 with a view to support a trajectory of moderate growth, reduced poverty through employment generation and expansion of safety nets, low price level and to tackle the impact of the global financial crisis. The Centre for...

The promise and potential of the Philippine economy has remained unrealized notwithstanding the countrys talented labor force, skilled professionals and relatively abundant resources. What ails the Philippines? This paper argues that the incompetence and downright corruption of Philippine...

This paper deals with the forward looking framework of policy dialogue and economic suveillance in East Asia, based on analysis of the necessities, constraints and difficulties, together with criteria for effective surveillance. It proposes a roadmap for strengthening the mechanisms for...

While the global economy has pulled back from the financial abyss, it is by no means out of the woods. The developing countries (including India) should be prepared for : (a) medium term stagnation in their exports to the developed countries, (b) severe reduction in inflow of longer term capital...