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Financing Small and Medium Enterprises in Myanmar

Kyaw, Aung - Institute of Developing Economies, Japan External Trade … - 2008

Small and medium enterprises (SMEs) share the biggest part in Myanmar economy in terms of number, contribution to employment, output, and investment. Myanmar economic growth is thus totally dependent on the development of SMEs in the private sector. Today, the role of SMEs has become more vital...

Persistent link: https://www.econbiz.de/10005744806

The effect of school finance reform on population heterogeneity

Aaronson, Daniel - Federal Reserve Bank of Chicago - 1998

This paper tests whether state school finance reform alters neighborhood income homogeneity. One implication of the … jurisdictions to set local tax and expenditure levels. The property tax revolt and the school finance equalization reform of the … that school finance has a significant effect on school district income sorting, especially among low income communities. …

Persistent link: https://www.econbiz.de/10005419876

Monetary Systems in Developing Countries: An Unorthodox View

Cordeiro, Jose Luis - Institute of Developing Economies, Japan External Trade … - 2008

This paper analyzes some recent theoretical and practical evidence in terms of economic results of different exchange rate systems. It begins with a historical review and a summary of fixed versus flexible exchange rate systems. Then it compares the experiences of recent currency unions, mostly...

Persistent link: https://www.econbiz.de/10005744768

Bank Borrowing and Financing of Medium-sized Firms in Indonesia

Hamada, Miki - Institute of Developing Economies, Japan External Trade … - 2008

The improvement of financial intermediation functions is crucial for a robust banking system. When lending, banks have to cope with such problems as information asymmetry and adverse selection. In order to mitigate these problems, banks have to product information and improve their techniques of...

Persistent link: https://www.econbiz.de/10005227590

Do Foreign Currency Deposits Promote or Deter Financial Development in Low-Income Countries? An Empirical Analysis of Cross-Country Data

Kubo, Koji - Institute of Developing Economies, Japan External Trade … - 2007

Foreign currency deposits (FCD) are prevalent in many low-income developing countries, but their impact on bank lending has rarely been examined. An examination of cross-country data indicates that a higher proportion of FCD in total deposits is associated with growth in private credit only in...

Persistent link: https://www.econbiz.de/10005816503