This book is about the new capital adequacy framework - known as Basel II - approved by the Basel Committee in 2004. It aims to discuss Basel II implementation in different categories of developing countries, including emerging market economies, such as Brazil and low-income countries such as...

This invaluable collection compares the relatively unsuccessful economic development of Subsaharan Africa with that of the successful Asian economies, especially the Asian 'tigers'. It covers three main areas of comparison: the lessons for Africa from the Asian experience; secondly, the...

The book evaluates alternative policy options for the African countries to overcome the food crisis and the changing structure of world trade to sustain their impressive growth of the early 2000s.These policies must go beyond economic reforms and seek a solution to the entrenched political...

US aid interventions have greatly advantaged some countries in their quest for development, but not others. The extensive development assistance, technology transfers and market access that the United States government granted Taiwan and South Korea in their development and the aid recently...

This book explores family economic decision-making in the United States from the nineteenth century through present day, specifically looking at the relationship between family resource allocation decisions and government policy. It examines how families have responded to incentives and...

The publication of Alexis de Tocqueville’s Democracy in America has kindled interest across disciplines to appraise the exceptional nature of U.S. activities. In general, however, all the published works have not focused their analyses from an economic point of view. While economics was for...

This book examines the macroeconomic and regulatory impact of domestic and international shocks on the South African economy resulting from the 2009 financial crisis. It also assesses the impact of the US economy’s eventual recovery from the crisis and the prospect of higher US interest rates...