This paper examines the effects of foreigndirect investment (FDI) inflows to a group of six Pacific Basin economies and a control group of 11 other developing countries.

This paper focuses on some of the practical issues involved in developing voluntary domestic markets for government debt.

The main problem that this paper addresses is that the people's bank of China and China's state-owned banks have undertaken and continue to undertake large quasi-fiscal activities. Transfers from the Chinese banking system in the form of interest subsidies and loan default averaged over 5% of...

The main reasons for government intervention into the untarmmelled workingof free markets, laisser-faire, have been established for many years; these are: (a)control and limitation of monopoly power. (b)consumer protection. (c)externalities.