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This study is an attempt to analyse the determinants of private investment in Pakistan over the period 1972-2005. The ARDL co-integration approach is employed to check the existence of a long-run relationship as well as short-run dynamics of investment. The results show that most traditional...
Persistent link: https://www.econbiz.de/10009365406
This paper explores the joint effect of aggregate productivity shocks and capital market liberalization on the optimal bailout (or liquidation) policy of banks towards defaulted borrowers. It suggests that in bad times both good and bad firms default on their obligations, it is harder for the...
Persistent link: https://www.econbiz.de/10009365431
The paper gives an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and insufficient support from government policies and regulations....
Persistent link: https://www.econbiz.de/10009651614
The paper gives an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and insufficient support from government policies and regulations....
Persistent link: https://www.econbiz.de/10009651645
The paper gives an assessment of the progress made in developing local debt markets in emerging Asia. Market development has been limited by hurdles confronting borrowers and lenders, current and potential liquidity providers, and insufficient support from government policies and regulations....
Persistent link: https://www.econbiz.de/10009651655
China is rising as a major source of outward direct investment (ODI), but barriers to and protectionism against Chinese … strategy. As China shows more and more interest in building the architecture governing international investment, we suggest … that improving investment governance at the bilateral, regional, and multilateral levels is the best strategy for China to …
Persistent link: https://www.econbiz.de/10011134326
. The announcement in March 2007 that China would open an SWF, with an initial investment of US $200 billion, substantially …
Persistent link: https://www.econbiz.de/10009363668
Corporate governance of listed companies has become a focus in China capital market. Corporate governance being the …
Persistent link: https://www.econbiz.de/10009365044
The second goal of the Millennium Development Goals (MDGs) is to achieve universal primary education. The target is to reach all the MDGs by 2015. Trends in education indicators for monitoring the second MDG suggest that Philippines may probably not meet the target on achieving universal primary...
Persistent link: https://www.econbiz.de/10009365203
Productivity growth in Indian manufacturing is an important driver of overall growth, yet the issues related to its measurement have still not been resolved. The issue of how to compute an aggregate productivity measure holds significance for two reasons : one, the productivity of a firm should...
Persistent link: https://www.econbiz.de/10009647721