Unquestionably the behavior of the financial institutes caused the US financial crisis which became a worldwide phenomenon. It is too easy but not enough to blame greedy banker (though not superfluous). The subprime crisis was the consequence of the profit-seeking activity of the different...

State interventions into Labour policies in India are directed towards ensuring both job security and income security. In this paper we look at likely impact of such policies. The laws are found to serve the organised workers primarily while large masses of unorganised workers are without any...

The recent crisis should not be used to prouve the failure of the entire financial system. Global banking systems are regulated by rules, that have not been applied correctly all over the place. And just one "hole" in the regulatory net is sufficient to make it useless.

This paper, part of a series on Crony Capitalism and Contemporary India, examines the conceptual meaning of the term crony capitalism, which has acquired considerable popularity since it was used as an explanation for the East Asian crisis. The paper argues that the conception of crony...

Opening the discussion, the Chairman proposed concentration on the main aspects of interest: 1) Why does the state intervene in industrial policy? 2) Why should the state intervene in industrial policy? 3) How can public policy with regard to European Technology Initiatives and Global...

Externalities and equity are the two major arguments failures that provide justification for government intervention in education. Supporters belive that the intervention will correct these failures. This paper seeks answers the following two questions in the context of Turkey: (1)Is empirical...

This paper measures the impact of international and internal remittances on household welfare of remittances-receiving households using data from Viet Nam Household Living Standard Surveys 2002 and 2004. It is found that the receiving of international and internal remittances increased both...

The paper analyses the current and possible future development of social protection systems in three Mekong countries: Cambodia, Lao PDR and Viet Nam. The three countries are at differing levels of development but face a number of shared challenges including poverty and malnutrition, climate...

This study aims to evaluate access to social services of the most vulnerable groups of Vietnamese people, as well as propose some policy recommendations for improving targeting mechanisms for the social protection system in Viet Nam. We will use the Viet Nam Household Living Standard Surveys in...