It is generally presumed that strengthening the legal enforcement of lender rights increases credit access for all borrowers, by expanding the set of incentive compatible loan contracts. This presumption is based on an implicit assumption of infinitely elastic supply of loans. With inelastic...

The Minister of Finance, Mr. Arun Jaitley, presented the Union Budget 2014-15 to Parliament on July 10, 2014. In this context, some statistics related to budget expenditures, receipts and deficits.

Substantial international aid is spent reducing the cost of contraception in developing countries, as part of a larger effort to reduce global fertility and increase investment per child worldwide. The importance for fertility behaviors of keeping contraceptive prices low, however, remains...

The automobile industry in the ASEAN countries has expanded rapidly over the last few years. The growth potential of the ASEAN auto market and its now very major absolute importance for the industry warrant a more detailed analysis. In the following report depicts which opportunities the ASEAN...

This paper draws on the experiences of the Far East Economic Crisis in 1998 and argues that: (1) the poor depended heavily on bonding social capital during the Crisis, but the crunch-point beyond which they felt no longer able to rely on this is less certain; (2) bridging social capital could...

This paper explains the gaps between official objectives and the actual accomplishments of the Aquino government, with an emphasis on the implementation record of agricultural-based strategies. Summary of the lessons learned is provided. [Discussion Paper NO. 94-01]....

This paper is a lecture series by H.E. Ms. Rosario Green, who shares the economic crisis experience of Mexico and Singapore, who are also partners for growth.

At this moment, the world is undergoing the worst economic crisis since the Great Depression of 1930s. It is not clear exactly which factors instigated the crisis, but there are many candidates; the formation of an asset bubble in the US, and its subsequent crash, continued excessive consumption...

The impact of economic crisis on India has been analysed in the speech. [Speech delivered at the Symposium on 'The Global Economic Crisis and Challenges for the Asian Economy in a Changing World'].

The International Monatory fund is facing an uncertain future. Notewithstanding the important contributions it has made in helping the global economy deal with major economic and financial changes and crisis over the past 25 years, its role is now questioned. The responsibilities on which it is...