In this Technical Paper, the author argues that fiscal policy is more effective than monetary policy, whether the exchange rate is fixed or flexible.
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A book was recently published about corruption in Hungary. The writers, István János Tóth from the Economic Sciences Institute (Közgazdagástudományi Intézet) of the Hungarian Academy of Sciences and Corvinus University director Zoltán Szántó conducted anonymous interviews with ten top leaders in Hungarian economic life and found that corruption is an even more prevalent issue nowadays than earlier believed to be. According to the CEOs asked, corruption in Hungary is a 'basic problem' a more...
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Corruption, red-tapism, lack of adequate skilled manpower and poor infrastructure are the major barriers to growth of entrepreneurship in India, a government study has found.
The study on Entrepreneurship, conducted by National Knowledge Commission, is based on the basis of one-on-one interviews on 155 entrepreneurs from across the country.
About 60 per cent of the entrepreneurs interviewed said they faced corruption at some time during their entrepreneurial journey while dealing with govern more...
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WIDER Research Paper 2008/65 (June), by Anushree Sinha and Haider Khan. The main purpose of this paper is to look at the incorporation of gender and the informal sector within a general equilibrium framework for India. Moreover, we clarify some important links between a gender aware informal sector based social accounting matrix (SAM) and general equilibrium models such as the computable general equilibrium (CGE) models including as a special case the fixed price multiplier (FPM) models. In part more...
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KIT and IIRR are proud to present Trading Up, the second book in their series about value chains in Africa. Following on the success of Chain Empowerment, which focused on farmer organizations and their support agencies (NGOs), this book looks at the role of traders in the value chain.
Standing up for traders: In much of Africa, smallholder farmers face serious difficulties selling their produce. But farmers, development agencies and governments all treat the traders who market their goods wit more...
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by Yingling Liu -
The State Council, China’s cabinet, recently issued a directive banning the production of ultra-thin plastic bags for environmental reasons. The ruling also prohibits shops, supermarkets, and sales outlets nationwide from handing out free plastic bags starting on June 1, according to China News Agency. The imposition of fees on plastic bag usage is likely to influence consumer behavior in China and bring environmental benefits in the coming years.
Free plastic bags we more...
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by Yingling Liu on June 30, 2008
China's recent plastic bag ban has been immediately accepted by consumers. In a country where billions of plastic bags are used each day, the government's top-down policy move will likely benefit the country's environment and energy security well before market forces or consumer-led efforts are able to achieve similar impact.
The ban prohibits shops, supermarkets, and sales outlets from handing out free plastic bags and bans the production, sale, and use of more...
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