We investigate the nature of sovereign credit risk for selected Asian and European countries based on a set of sovereign CDS data over an eight-year period that includes the episode of the 2008-2009 global financial crisis. The principal component analysis results indicate that there exists...

This paper examines the prevalence of educational inequality in Post-Mao China with reference to three different models for social exclusion. The primary contribution made by this article is the development of a comprehensive framework for education inequality which maps out the entire process...