A reduced form model where banks can pursue other goals than profit maximization is presented. This allows us to test for behavioral changes of banks over time. This model provides a framework to evaluate whether moral hazard issues may plague banks receiving state aid, which concerns greatly...

The current century has witnessed every country locked in a hot race to increase its national power through peaceful development, which made Koreans ever more desirous of peace. But why has the Korean Peninsula, contrary to this desire, been haunted by the ghost of war for more than half a...

This occasional paper addresses three questions revolving around the IMF policy. The questions are: What are the underlying factors shaking the very foundation of one of the pillars of the international financial architecture? What strategic and managerial reforms would be necessary to allow the...

K.G.KANNABIRAN MEMORIAL LECTURE.

The concept of Responsibility to Protect (R2P) is relatively new to many Southeast Asians, who have traditionally relied on the state for security and therefore faced a sense of hopelessness when such protection was lacking. While the state represented the only institution ensuring human...

Medical ethics did not become a recognized subject in the syllabus of Britain's medical schools until 1993. This Witness Seminar transcript records the development of international ethical codes, the response to them over the period 1963-93 by students and doctors and the extent of resistance...

The paper is a report of a survey done in Chitradurga District, Karnataka to know the functioning of NREGA and awarness of people about this Act.

Not all forms of tradition are good. How does civil society attempt to change these conventions? In particular can legislation be effective at all in such cases? Have there been instances when societies have successfully legislated a convention into oblivion? These are the questions that this...