Investment Banking is an American synonym of Merchant Banking . Merchant Banking originated in the 13th century in the European countries . As far as the origin of this term is concerned , it is told that earlier Merchants used to attend to extending of loans and arranging finance for trade but...

The small-scale pepper producers in the El Roble settlement Costa Rica face a monopsonistic market. Only one processing firm is buying the fresh pepper bunches. The processor has all bargaining power to decide on the price paid to the farmers and the quality selection criteria. The rejection...

This dissertation examines the implementation of decentralization in Indonesia andmeasures the incentives of fiscal decentralization on state efficiency and economicgrowth. Efficiency of state governments in utilizing fiscal resources to support privatesector development and accelerate economic...

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A great deal of attention is currently being paid to the discussion ofthe reform of global agricultural trade. In this paper, the effects ofthe revised Harbinson paper (March 2003) are analysed with anextensively extended GTAP model. With the help of a base run,projections are implemented in the...

This discussion paper presents the results of a study on the impacts of EU East enlargement on the EU agricultural budget. The calculations have been carried out with the partial equilibrium model 'Central and Eastern European Countries Agricultural Simulation Model (CEECASIM) that has been...

Enlarging the EU presents a tremendous effort with obstacles for old and new member states especially in the agricultural sector. In this paper, impacts of a new accession round were analyzed with the help of the comparative-static general equilibrium model GTAP (Global Trade Analysis Project)....