Suchergebnisse

Kazakhstan's economic recovery and unemployment rate and other issues are discussed in this paper. The banking and corporate sectors have not recovered from the crisis despite strong economic growth. Ownership and partial financing of the envisaged centralized distressed asset fund by the National Bank of Kazakhstan (NBK) poses risks to the integrity of monetary policy, and may create conflicts with its new supervisory powers. The importance of fully implementing the announced macroprudential measures and enhancing liquidity management practices to manage a possible increase in capital inflows

The Burundian government has requested a modification of the zero limit on nonconcessional external debt in the country's arrangement under the Extended Credit Facility (ECF). It has sought to increase the grant element of the financing for the hydroelectric plant. Executive Directors support this request as the benefits of the hydroelectric plant outweigh the additional risk arising from the proposed line of credit. This will help Burundi increase its electricity generation capacity significantly, which has been identified by both donors and businesses as the major constraint to growth

Este número del Boletin Internacional de Investigación Sindical está dedicado a las campañas y politicas de desarrollo sobre la cuestión de los salarios mínimos en el mundo entero, tema que ha tenido un renovado interés en los últimos años como instrumento no sólo para reducir la pobreza y la desigualdad, sino también para estimular la economía

This study analyzes the impact of regional cross-listing of stocks on the depth of the stock markets in sub-Saharan Africa (SSA). It analyzes data from 1990 to 2007 for a panel of 13 stock markets in SSA countries, only some of which have regional cross-listings. Using event study methodology, the paper finds significant positive effects in measures of stock market depth around regional cross-listing events. Overall, growth in the regional crosslisting of stocks facilitates stock market deepening, and the stock markets of countries with regional cross-listings perform better than those without

Analyses the impact of democratic decentralization on the chances of social excluded groups to participate in newly created local governance (Panchayat Rai) institutions. Discusses the results of an interview survey, finding that, in Kerala, women, lower castes and the poor are at least represented as other groups at the Panchayat level whereas in Tamil Nadu and Madhya Pradesh they continue to be under-represented. Draws conclusions concerning the effect of raising political awareness