Suchergebnisse

Includes discussion of the suitability of hybrid financial instruments, including the Note Issuance Facility and the Revolving Underwriting Facility for developing country use.

This paper examines the centrality of the family, both nuclear and extended in the Italian postwar migratory process to Canada and in their post-migratory adjustment. In a series of interviews with first generation immigrant children, two themes emerged: the necessity of keeping the nuclear family together and the importance of intergenerational ties and commitments. The respondents tended to view their parents' decision to migrate as one primarily motivated by familial considerations. That is, it was seen as a decision based on their future as a family, whether for reunification, or for greater opportunities for the children. For these respondents, family ties have not only survived migration but have been fortified by it.

AbstractThe objective of this study is threefold. First, we present a review of the international studies that have investigated the link between firm‐level governance scores and performance. To our knowledge, this study is the first to provide a comprehensive review of this recent and growing literature. Second, we discuss potential methodological shortcomings of using governance indexes. Third, we propose directions for future research. Overall, a clear positive relation is found between governance ratings and performance in Europe and in emerging economies, whereas studies conducted in the US and Canada have generated mixed evidence. The empirical problems related to measurement, substitution between governance arrangements, endogeneity, and optimization across governance choices are discussed. Solutions are proposed to alleviate these concerns. Copyright © 2011 ASAC. Published by John Wiley & Sons, Ltd.

AbstractSince the late 19th century many Chinese leaders have studied abroad, mostly in Japan, the US or the former Soviet Union. Recently, thousands are returning from studying overseas. Is this new cohort of returnees more internationalist than Chinese who do not study abroad? If their values differ and they join China's elite, they could influence China's foreign policy. Drawing on surveys of returnees from Japan and Canada over the past 15 years, we compare their views on "co-operative internationalism" and "assertive nationalism" with the attitudes of China's middle class drawn from a nationwide survey in 2006. Our returnees are both more "internationalist" than the middle class and less nationalistic. So they are likely to support China's increasing international role and perhaps constrain China's growing nationalist sentiment.