Asian governments have been accumulating foreign reserves (largely United States securities) on a large scale, as a result of maintaining fixed exchange rates or attempting to limit currency appreciation in the face of a weakening US dollar. The effects on Asia to date appear relatively benign....

This paper documents a positive relation between bank competition and the penetration of bank accounts at the municipal level in Mexico. To account for potential biases in our regressions due to the endogeneity of market structure, we employ a two-stage estimation approach based on an...

Colombia has a low level of financial depth. Efforts have been made by governments and the private sector in recent years to encourage the development of models which might provide enhanced access to financial services. These financial inclusion plans are based on creating access channels that...

Los bajos niveles de bancarizacion de la poblacion mexicana, en comparacion con otros paises de Latinoamerica, plantean el reto de incrementar la oferta de servicios financieros hacia nuevos mercados, a traves del uso de avances tecnologicos y canales innovadores. Los telefonos moviles son...

Even though 97% of the population in Mexico has at least one access point into the financial system, only 38% has some sort of saving or credit product in a formal financial institution. These figures show the insufficient use of the formal financial system and highlight the importance of...

The low levels of banking penetration in the Mexican population, as compared to other Latin American countries, present the challenge of increasing the range of financial services towards new markets through the use of technological advances and innovative channels. Mobile phones are an...

The Peruvian economy in recent decades has grown in step with growth in the financial system. However, banking penetration as a proportion of GDP has remained static at around 30% which is below other countries in the region, even those with lower GDP per capita. Access to products in the formal...

This study investigates empirically what the major factors are which have driven Wenzhou's informal credit market and how much that market is responsive to monetary policies and the formal banking conditions nationwide. A number of relatively stable factors have been identified from this...

This paper provides a review on the effectiveness of various entrepreneurship programs in developing countries. We adopt a meta regression analysis using 37 impact evaluation studies that were in the public domain by March 2012, and draw out several lessons on the design of the programs. We...

Nowadays marketing strategies means customer and competitive intelligence. In sharp contrast to customer intelligence, there is a little research on how competitive intelligence is actually generated within an organization. Our research intends to establish if Constanta Maritime University is...