Similar Search Results

Pricing the Currency Premium Under Flexible Exchange Rates: Evidence from South Africa

Grandes, Martin; Peter, Marcel; Pinaud, Nicolas - In: Ensayos Económicos 1 (2010) 60, pp. 7-52

The currency premium is one of the three components of the differential between local and foreign interest rates. Emerging economies such as South Africa typically face positive interest rate differentials, i.e., a higher cost of capital than developed economies. In this paper we aim at...

Persistent link: https://www.econbiz.de/10010551981

Financing the Market-Based Redistribution of Land to Disadvantaged Farmers and Farm Workers in South Africa: Recent Performance of the Land Reform Credit Facility

Lyne, Michael; Zille, Paul; Graham, Douglas - In: Sociological Research Online 5 (2000) 2

This paper compares the results of public and private land redistribution in the province of KwaZulu-Natal, South Africa. It identifies problems that constrain access to the land market, and describes recent efforts to address the liquidity problem associated with mortgage finance. The Land...

Persistent link: https://www.econbiz.de/10005767143

South African health financing reform 2000–2010: Understanding the agenda-setting process

Pillay, Timesh D.; Skordis-Worrall, Jolene - In: Health Policy 109 (2013) 3, pp. 321-331

Governments around the world are struggling to address persistent disparities in health care access. However, this priority competes with many others for support in moving onto and up the political agenda. In this paper, a novel method of agenda-setting analysis is developed by merging and...

Persistent link: https://www.econbiz.de/10010617062

Unmasking delivery

Lennan, Anne Mc - In: Progress in Development Studies 7 (2007) 1, pp. 5-20

The challenges of poverty worldwide have led to a growing focus on public delivery. When delivery fails, it is assumed that the key strategy for improvement is manipulation of existing processes, better institutions or more efficient management. This is partly because the dominant model for...

Persistent link: https://www.econbiz.de/10011079042

Parish pump politics

Muller, Mike - In: Progress in Development Studies 7 (2007) 1, pp. 33-45

An understanding of the politics of the water sector during the first decade of South Africa's democracy requires an … is an institutional politics around budget allocation, between and within spheres or levels of government. There is a … tension between a rights-based approach to service provision and the politics of sustainability and conservation. The …

Persistent link: https://www.econbiz.de/10011079043

Political orientation of government and stock market returns

Bialkowski, Jedrzej; Gottschalk, Katrin; Wisniewski, Tomasz - Volkswirtschaftliche Fakultät, … - 2006

Prior research documented that U.S. stock prices tend to grow faster during Democratic administrations than during Republican administrations. This letter examines whether stock returns in other countries also depend on the political orientation of the incumbents. An analysis of 24 stock markets...

Persistent link: https://www.econbiz.de/10005836785

The international politics of IFRS harmonization

Ramanna, Karthik - Harvard Business School, Harvard University - 2011

The globalization of accounting standards as seen through the proliferation of IFRS worldwide is one of the most important developments in corporate governance over the last decade. I offer an analysis of some international political dynamics of countries' IFRS harmonization decisions. The...

Persistent link: https://www.econbiz.de/10009151002

Does Commercial Microfinance Belong to the Financial Sector? Lessons from the Stock Market

Szafarz, Ariane; Briere, Marie - Centre Emile Bernheim, Solvay Brussels School of … - 2014

This paper is the first to draw a global picture of worldwide microfinance equity by taking full advantage of daily quoted prices. We revisit previous findings showing that investors should consider microfinance as a self-standing sector. Our results are threefold. First, microfinance has become...

Persistent link: https://www.econbiz.de/10010944626

An Analysis of the Dynamic Relationships Between the South African Equity Market and Major World Equity Markets

Lamba, Asjeet S.; Otchere, Isaac - In: Multinational Finance Journal 5 (2001) 3, pp. 201-224

This paper provides the first comprehensive analysis of the dynamic relationships between the South African and major world equity markets during May 1988 - May 2000. Using a multivariate cointegration framework and vector error-correction modeling the results indicate that there is a long-run...

Persistent link: https://www.econbiz.de/10010937075

Is there any causality between inflation and FDI in an ‘inflation targeting’ regime? Evidence from South Africa

Valli, Mohammed; Masih, Mansur - Volkswirtschaftliche Fakultät, … - 2014

This paper attempts to examine whether a long-run theoretical relationship does indeed exist between the level of inflation in South Africa and the amount of FDI eventually received by the country. It also attempts to provide insight into the purported macroeconomic benefits of the policy of...

Persistent link: https://www.econbiz.de/10011108011