In a recent paper Dollar and Kraay come to sweeping conclusions about economic growth and the poor. On the basis of the empirical work they assert that standard World Bank and IMF policy packages are good for the poor. This critique demonstrates that (i) the empirical work is based on...

As many of the discriminatory practices against girl children and women primarily take place within the household, the family seems to have a crucial role in determining such outcomes. However, it needs to be remembered that gender discrimination takes different forms in different socio-economic...

This paper examines the problems of non -performing loans within Japanese banks from the viewpoint of both economic and accounting aspect. In the background of the accumulation of non-performing loans, one cannot disregard the delay of economic recovery and the fall in land prices. I conclude...

Guadalupe municipality, located in a semi-arid zone, belongs to the State of Zacatecas in north-central Mexico. The population in Guadalupe has been increasing in an exponential way from the year 2000 to 2010. With a bigger population in the area more services are required, including water...

China's sustained rapid economic growth over the post-1978 reform era, which is also the era of globalisation, is of worldwide importance. This growth experience has been based mainly on China’s internal dynamics. In the first half of the era, economic growth was propelled by improvement...

This paper contrasts the conventional balance sheet approach to the analysis of economic disturbances in emerging markets with the alternative balance sheet approach that applies and extends Minsky’s Financial Instability Hypothesis to (open) emerging market economies. Earlier balance...

Results of a purposive sample of the poorest are contrasted with the methods and conclusions of other research into ‘income poverty’. The deprivation suffered by an important class of rural women in South Africa is documented. Escape routes from poverty are described that have a...

Since the turn of the century, China’s state and society have focused their efforts on "constructing a harmonious society". Viewed from the perspective of globalization, these efforts represent a quest for a model of development that deviates fundamentally from neo-liberalism. In...

Money's emergence in commodity exchange remains a unresolved issue within economic theory. Current general equilibrium models, drawing on Menger, offer an explanation that rests on the economic advantages of a universally accepted means of exchange that is established through ‘social...

Using a range of specifications that are standard in the relevant literature, this paper finds that China’s rapid and sustained economic growth in the reform era has tended to be negatively correlated with its export growth and positively correlated with its import growth. This finding...