The main purpose of this paper is to empirically investigate the impacts of remittance inflows, financial inclusion, and economic development and whether inward remittances may help to construct an inclusive financial system. Using both endogeneity-robust generalized method of moments and a...

This paper analyzes a unique case of default risks and associated factors of a solar home system (SHS) program in Bangladesh and, within that context, proposes a theoretical market-based solution to finance a renewable energy (RE) program. The paper first develops a theoretical framework that...

The approximate number of people without access to clean cooking facilities is 2.8 billion, primarily in Asia and sub-Saharan Africa. Among those, 2.5 billion people cook with biomass in inefficient and polluting stoves. The health impacts are severe: it is estimated that household air pollution...

Asia remained the largest market for energy sources in 2018. The Russian Federation has a clear vision to develop its Asian energy projects in order to provide a greater share of Asian energy imports. This paper models Russian Federation-Asia and the Pacific energy trade patterns via the gravity...

Energy security implies the availability, affordability, applicability, plausibility and acceptability of countries' energy supply. Implying the sustainability of countries' energy supplies, energy insecurity is widespread across Asia. Southeast Asia (SEA) serves as an example for Asia's energy...

Pakistan imports nearly a third of its energy resources in the form of oil, coal, and liquefied natural gas (LNG). An import-driven energy policy is not sustainable for Pakistan, making it energy insecure in the long term. Besides being a drain on its foreign exchange reserves, it exposes the...

Viet Nam needs huge investment in the energy sector in the coming 30 years to satisfy the rapid increase in the energy demand. Given the current status of the electricity sector, which is primarily dependent on fossil fuels (coal) and increasingly reliant on imports, as well as the weak level of...

This study is the first attempt to investigate the patterns of imports and exports between the Russian Federation and East Asian economies, namely, the People's Republic of China; Hong Kong, China; Macau, China; Japan; the Republic of Korea; and Mongolia. To this end, a panel-gravity trade model with...

Small and medium-sized enterprises (SMEs) have difficulties in accessing finance because of information asymmetry and a lack of collateral. A credit guarantee scheme is a suitable method to unlock lending to SMEs; however, it involves SMEs paying a fee, which needs to account for their risk. The...

There was an expectation that the independent regulatory institutions that India created for its electricity sector would drive the sector along a sustainable trajectory. However, there has been a dearth of empirical studies analyzing the effect of electricity sector regulation on sustainable...