The paper distinguishes between the classic or traditional foreign banks with their emphasis on corporate and wholesale banking, and the innovators responding to transition, deregulation or crisis in emerging markets. The innovators come in three varieties—bettors, prospectors and...

This paper applies Tobit models to investigate factors that explain households’ decision-making on whether or not to participate in various activities, using household data collected from two Tanzanian coastal villages (Mlingotini and Nyamanzi). The results indicate that households’ decision...

The paper evaluates the economic necessity and political incentives of a transitional fund for the East African Community (EAC). The fund has been proposed to encounter trade imbalances which may arise due to the intended customs union in East Africa. Using a disaggregated approach at the...