With the recent stock market frauds in markets around the world such as the Madoff case in the U.S. and the recent Satyam fraud in India, no nation can hold its head high and claim to have good corporate governance. The reality is that the problems of fraud, faulty audits, misleading accounts,...

"Conservation of high-biodiversity tropical forests is sometimes justified on the basis of assumed hydrological benefits - in particular, the reduction of flooding hazards for downstream floodplain populations. However, the "far-field" link between deforestation and distant flooding has been...

The overall objective of the study is to explore the current effectiveness of certification and verification schemes in Southeast Asia to strengthen the legality and sustainability of future forest management, wood processing and related trade. It analyzes how the linkages among credible...

This report explores gender differences in entrepreneurship for micro, small, and medium enterprises (MSME) in Southeast Asia. It analyzes data from five Southeast Asian countries: Cambodia, Indonesia, Lao People's Democratic Republic (Lao PDR), Timor-Leste, and Vietnam, and reviews existing...

Although economic linkages between South Asia and Southeast Asia have been strengthened over the past decade, integration between these two regions remains limited. Can new approaches to regional integration help revitalize trade and economic links between South Asia and Southeast Asia This...

"This paper investigates the leading causes of nonperforming loans during the economic and banking crises that affected a large number of countries in Sub-Saharan Africa in the 1990s. Empirical analysis shows a dramatic increase in these loans and extremely high credit risk, with significant...

"A rapidly growing empirical literature is studying the causes and consequences of bank fragility in contemporary economies. The authors reviews the two basic methodologies adopted in cross-country empirical studies-the signals approach and the multivariate probability model-and their...

"The author tests the hypothesis that during systemic banking crises, access to finance is opportunistically tightened by incumbents to eliminate or weaken competition from mainly young firms. He finds this to be especially true in more corrupt countries. To do so, he uses a methodology similar...