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In the history of Burma's political economy, few groups have been so roundly vilified as the Chettiars. A community of moneylenders indigenous to Chettinad, Tamil Nadu, the Chettiars operated throughout the Southeast Asian territories of the British Empire. They played a particularly prominent...
Persistent link: https://www.econbiz.de/10005423276
Cooperative credit was the British Empire's all-purpose answer to problems of rural poverty and indebtedness, usury, and land alienation. Originating in the idealism of the 'Rochedale Pioneers' and in schemes from rural Germany, cooperative credit was imported into India with an evangelical zeal...
Persistent link: https://www.econbiz.de/10005392570
The purpose of this paper is to bring to light the efforts to fashion a central bank in Burma during the years in which the country was a province of British India. Throughout this period, which lasted from 1886 to 1937, questions of money and finance in Burma were mostly the preserve of the Raj...
Persistent link: https://www.econbiz.de/10005392578
Full employment is a necessary prerequisite before the gains from international trade can be specified. Yet the assumption of full employment is seldom acknowledged by economists when advancing policy advice, and nor is it made clear in the policy infrastructure of such bodies as the WTO. The...
Persistent link: https://www.econbiz.de/10005231950
The purpose of this paper is to suggest ways in which core labour standards can be incorporated into the WTO. Though regarded by some as simply a vehicle for protectionism, the campaign for core labour standards is based on sound economics that extends the logic of trade regulation to the...
Persistent link: https://www.econbiz.de/10005570377
This paper examines Keynes's thoughts on the economic causes of war. Though an issue upon which the classical economists and their popularisers wrote much, the links between economics and war has become, beyond an unthinking acceptance of the pacific qualities of free trade, an issue largely...
Persistent link: https://www.econbiz.de/10005570381
This paper investigates the behavior of capital buffers of Australian banks to changes in the business cycle. More particularly, whether there is a behavioral difference between big and small banks, and whether the 2008-09 global financial crisis influenced bank behavior with respect to capital...
Persistent link: https://www.econbiz.de/10011163340
Owning to the success of the Grameen Bank and other microfinance institutions in recent years, microfinance institutions’ role as a potential policy tool in poverty alleviation has received considerable attention. Empirical evidence from existing research shows some positive results in...
Persistent link: https://www.econbiz.de/10011205463
In 1949 Nicholas Kaldor co-authored a report whose recommendations, if implemented, would have revolutionized international economic policy-making. National and International Measures for Full Employment (NIFE) had been commissioned by the United Nations (UN). A capstone to efforts throughout...
Persistent link: https://www.econbiz.de/10004966696
Persistent link: https://www.econbiz.de/10005105412