Using data of non-financial listed firms over a period of 1999-2010, this paper investigates the effectiveness of balance sheet channel in monetary transmission mechanism in Pakistan. By classifying firms as SME and large, this paper finds a strong evidence for the existence of net worth channel...

The devolution of environment and natural resource functions to local government units was a bold move in the history of environmental Management in the Philippines. However, the implementation of these functions was considered partial, insignificant and with limited success due to issues on...

An outline of what would be ideally needed for a comprehensive set of national accounts is given. National governments and international agencies ought ideally to go even beyond green national accounts. Unfortunately though, that ideal cannot be met, at least not in the near future....

Within the past decade, national levels of labour productivity in CEECs have converged significantly towards the levels predominant in the EU. Yet, levels are still significantly lower, large gaps are still prevalent. Needless to say, levels within the EU also differ greatly; comparisons with...

This paper examines the question if the Heavily Indebted Poor Country (HIPC) Initiative provides a good basis for the HIPCs to exit from repeated debt rescheduling. Building on other reviews of the HIPC Initiative, the paper begins with a short summary of some key problems of the HIPC...

This consultation paper discusses the various issues arising out of the plethora of tariff offers in the access segment and the need to address the consumer issues arising out of it. [All the stakeholders are requested to submit their comments and views on any or all issues raised in this paper...

This paper examines the competitiveness of the Indian garments industry vis-à-vis the other South Asian countries Bangladesh, Pakistan and Sri Lanka. Under the SAFTA agreement, many of the garment items were on India’s sensitive lists and did not face concessional treatment. Though many of...