Showing 1 - 10 of 39
This paper attempts to examine the performances of Asian AMCs. Our analysis reveals that the AMCs vary significantly in their design and performances. We claim that AMCs can trigger moral hazard-inspired bank lending, especially when the mode of NPL transfer from banks to AMC entails little cost...
Persistent link: https://www.econbiz.de/10005490099
For decades, Thailand has had a strong labor market in both supplying and demanding labor resources. Since the 1970s …, Thailand has sent workers to the Middle East, Japan, Taiwan, Singapore, and Malaysia, among others. Based on the Socio …
Persistent link: https://www.econbiz.de/10011184833
This paper aims to review the policies on international migration in Thailand and discuss difficulties in … implementation. Today, Thailand is the host country of international migration from neighboring countries. Most legal migrant workers … an obstacle to social integration, among others. To cope with such problems, the government of Thailand has enacted laws …
Persistent link: https://www.econbiz.de/10011184842
This paper examines the performances of Asian asset management companies (AMCs). The analysis reveals that the AMCs vary significantly in their design and performances. The authors claim that AMCs can trigger moral hazard-inspired bank lending, especially when the mode of transfer of...
Persistent link: https://www.econbiz.de/10005092623
The recent currency and financial turmoil in East Asia have led to the evaluation of current financial and macroeconomic policies. The Philippines, which has been the worst hit in the 1980 economic crisis has indicated greater resilience in the 1990 financial crisis. Experts have attributed this...
Persistent link: https://www.econbiz.de/10005490071
This study is an attempt to explain the pattern of development of the Philippine financial market. First, it provides a brief historical analysis of the financial system. It then develops an aggregative intermediation model and applies it to the Philippine stock market. It also discusses money...
Persistent link: https://www.econbiz.de/10005490119
There is a good reason to justify the support for small and microenterprise development. At this point, what is more important is the formulation of research agenda that will facilitate the introduction of new insights into the sector’s development. This paper provides a background to the...
Persistent link: https://www.econbiz.de/10005490120
This paper determines whether or not there is a rule for financing public debt that the public can discern. Specifically, it determines the nature of the “crowding out” effect. It then empirically investigates its impact on the nominal and real interest rates.
Persistent link: https://www.econbiz.de/10005490121
Despite the pawnshop’s recently gained popularity as an alternative source of credit, very little study has been accorded to it. To date, there is hardly any thorough study about it. This paper is an attempt to bridge that gap. It analyzes the role of pawnshops in the financial system with...
Persistent link: https://www.econbiz.de/10005439747
Against the backdrop of the cattle stock depletion and the stagnation of economic activities at the backyard level, this paper reviews the history of government support programs and the current state of the cattle industry. It also provides a literature review of supply behavior for cattle....
Persistent link: https://www.econbiz.de/10005439761