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long-term investment, as the Asian crisis of the late 1990s has proven. This book, the result of a joint project between … able to use policy to direct capital inflows into investment and thereby reduce the risk of instability in the financial …-oriented environment conducive to more sound external investment. The lessons of this book are as applicable in other regions of the world …
Persistent link: https://www.econbiz.de/10012441118
This books explores the international aspects of pension reform, private savings and volatile capital markets and clarifies how they relate to each other. Building the case for the pension-improving benefits of global asset diversification, analysing the implications of financial reform for...
Persistent link: https://www.econbiz.de/10015054652
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Transition and emerging economies have difficulties developing their financial markets to a level that would provide access to long-term debt finance at an affordable cost. This report examines opportunities beyond the public sector for financing water and other environmental infrastructure....
Persistent link: https://www.econbiz.de/10012448643
Since the start of the economic reform process in the 70s China has been able to generate a large volume of investment …, both from domestic and foreign sources. This high volume of investment was instrumental in sustaining strong economic … investment have fallen, excessive capacity is plaguing several sectors and the negative externalities have been very onerous …
Persistent link: https://www.econbiz.de/10012450559
In many countries, an important obstacle to achieving environmental goals has been the failure to adequately address the associated financial issues: the costs of achieving environmental goals; how those costs could be minimised; and the challenge of matching costs with available resources
Persistent link: https://www.econbiz.de/10015054797
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This paper explores the role of social vouchers as a tool for social inclusion and local development. It presents a typology of vouchers and their objectives, governing institutional and regulatory frameworks, use by national and local governments, and the social economy (Section1). It analyses...
Persistent link: https://www.econbiz.de/10012801177