Suchergebnisse

The Malian press, having played a crucial role in March 1991, was granted near-total freedom of expression for a decade. This resulted in a significant growth of the media. With the emergence of electoral pluralism, close links were forged between the press and nascent political formations. Corruption and opportunism flourished. As increasing numbers of unqualified journalists and amateur radio stations have joined the fray, the media sector has become less and less professional. Attempts to impose some manner of order - by outside lending agencies, national regulatory bodies and within the profession itself - have for the most part failed. (Polit afr/DÜI)

The Malian press, having played a crucial role in March 1991, was granted near-total freedom of expression for a decade. This resulted in a significant growth of the media. With the emergence of electoral pluralism, close links were forged between the press & nascent political formations. Corruption & opportunism flourished. As increasing numbers of unqualified journalists & amateur radio stations have joined the fray, the media sector has become less & less professional. Attempts to impose some manner of order -- by outside lending agencies, national regulatory bodies & within the profession itself -- have for the most part failed. Adapted from the source document.

This paper develops a conceptual framework to understand the importance of the most relevant macroeconomic factors that may affect the level of non-performing loans (NPLs) in conventional banks of Pakistan. The conceptual framework asserts that the energy gap, the bank credit to private sector with corruption and political stability should also be analyzed along with GDP, lending interest rate and the unemployment rate to encapsulate the overall impact of systematic risk in the changes in the level of conventional banking NPLs. In developing countries, the gap between the demand and supply of energy (energy gap), corruption and political stability have far reaching effect on the overall economy through hampered business activities. When bank credit creation is damaged due to pile up of the bad loans, better regulations and policy making can rescue the banking system and economy. The rationale behind considering these variables in the proposed model is to provide better insights of influential external factors and to devise better policies and regulations to cope up with these for the stability of the banking sector and economy.

This study investigates the nature of the Ukraine interest rate pass-through from January 2000 to November 11, 2018-the post-1999 era. The empirical results reveal a relatively high short-run interest pass-through of 0.724100 and a marginally overshooting long-run interest rate pass-through of 1.054309. The bounds test results indicate a strong long-term relationship between countercyclical monetary policy and market rates. These empirical findings suggest that the National Bank of Ukraine has been very effective in formulating and implementing its countercyclical monetary policy, in spite of the pervasive corruption, formidable political and economic challenges faced by the Ukrainian Republic over this sample period, the results are quite surprising.

Theoretical and conceptual excursions -- Conceptualisation, theoretical practice and crimes of the powerful / Jon Frauley -- Law : ideological whitewashing and positive enabling of coercion / Harry Glasbeek -- Underworld as servant and smokescreen : crimes of the powerful and the evolution of organized crime control / Michael Woodiwiss -- Shadow boxing against the crimes of the powerful / Margaret Beare -- Between force and consensus / Vincenzo Ruggiero -- Developing pearce's new materialism / Nick Hardy -- "Expropriative" sacrifice and zombie capitalism : a radical Durkheimian approach / Ronjon Paul Datta -- Power, crime and enclosure : capital accumulation in the twilight of the neoliberal SSA / Raymond Michalowski -- Crimes of the powerful research : empirical dimensions -- Marx reloaded for the 21st century : capitalism, agency and the crimes of the powerful / Kristian Lasslett -- The imaginary social order of corporate criminal liability / Liisa Lähteenmäki and Anne Alvesalo-Kuusi -- Global capital, the rigging of interbank interest rates, and the capitalist state / Gregg Barak -- Pipelines, presidents and people power : resisting state-corporate environmental crime / Elizabeth A. Bradshaw -- Pesticeland : Brazil's poison market / Stéfanie Khoury -- No criminology of wage theft : revisiting "workplace theft" to expose capitalist exploitation / Paul Leighton -- Prying into the pockets of public figures / Scott Poynting -- Crimes of the powerful and the spanish crisis / Ignasi Bernat -- Crimes of globalization and Asian dam projects : powerful institutions and slow violence / David O. Friedrichs -- New developments in crimes of the powerful research -- An extension of frank pearce's work on crimes of the powerful : "demystification" and the role of our consent / Dawn I. Rothe and Victoria E. Collins -- Debtfarism, predatory lending and imaginary social orders : the case of the US payday lending industry / Susanne Soederberg -- Failure to protect : state obligations to victims and state crime / Laura Finley -- "Punitive reformation" : state-sanctioned labour through criminal justice and welfare / Jon Burnett -- Imperialism : the general theory of crimes of the powerful / Biko Agozino -- Frank pearce and colonial state crimes : contributions to a research agenda / Jose Atiles -- Organized irresponsibility, corporations, and the contradictions of collective agency and individual culpability / Dean Curran

A letter report issued by the General Accounting Office with an abstract that begins "Multilateral Development Banks (MDBs) provide financial support to promote social and economic progress in developing countries and the countries of central and eastern Europe and the former Soviet Union. Under the Foreign Operations, Export Financing, and Related Programs Appropriations Act of 2001, the United States is providing $1.3 billion to support the MDBs, with $460 million going to the regional development banks and $840 million going to the World Bank Group. All of the MDBs GAO reviewed have received unqualified or "clean" opinions on their external audits. However, none of the MDBs GAO reviewed are required to report on their internal controls over financial reporting, lending operations, or compliance with their governing charters or policies. In addition, the regional MDBs' external financial statement audits are not intended to, and do not, provide assurances about internal controls over the MDBs' lending operations and whether funds are spent as intended. Most of the regional MDBs that GAO reviewed have developed anti-corruption strategies that recognize the importance of strong internal control systems. Each of the regional MDBs GAO studied has established internal audit functions as part of their controls."

Since the late 1970s, bank failures have become increasingly common the world over, to which Ghana was no different. The Bank of Ghana announced that Capital Bank (Gh) Ltd and UT Bank had been awarded receivership to Ghana Commercial Bank Ltd, because they were deeply insolvent. The study seeks to examine the general causes of bank failures in Ghana. The study adopted the deductive and inductive research approaches as it combined quantitative and qualitative strategies. The sources of data were from both secondary and primary sources. The Statistical Package for Social Science (SPSS v 23) was used to analysis the data. The findings of general causes of banks in Ghana from the the customers, capital requirements; poor risk management procedures such as lending practices of banks; lender of last resort, bad loans, deregulation of banks were the most severe causes of bank failures. The findings from the management members, lender of last resort; over-reliance on one member of staff, deregulation of banks; poor risk management procedures such as lending practices of banks; government Deposit insurance scheme were the most severe causes of bank failures. The findings from the regulators, political interference; inappropriate corporate government structures; bad loans; adverse economic environment; Fraud and corruption were the most severe causes of bank failures.

ABSTRACT
The United Nations Conference on Trade and Development Principles on Promoting Responsible Sovereign Lending and Borrowing provide inter alia that creditors should ensure debt contracts are duly authorized; yet, the Mozambique Tuna Bond Scandal suggests that in the market for private bank-to-state credit facilities agreements, there is still work to do. This article presents empirical evidence suggesting growth in the amount of private bank-to-state loans and argues that this growth, combined with a lack of transparency, will lead to increasing numbers of legal disputes over want and abuse of official authority. The English law doctrines of ultra vires contracting in private international law and abuse of agent authority, usually applied in the context of corruption, are considered, and various reforms are proposed, including a transparency register and a legislative reversal of presumption of agent authority.

The China business model in context--setting the scene / Elisabeth Paulet, Chris Rowley -- Guanxi culture: how it affects the business model of Chinese firms -- Zhang Chi, Hong Seock-Jin -- Interpreting China's model for business : roles of corruption, favoritism, reliability, and responsibility / Duane Windsor -- The equity gap amongst technology-based small firms : practices and challenges for government-backed venture capital in China / Javed G. Hussain -- Assessing the impact of the new medical reform on China's pharmaceutical supply chain : the case of essential medicines distribution in Yuping, Luochan, and Minhang regions / Sam Dzever -- Exploring manager-employee-heterophily (MEH) in US-owned and managed plants in Taiwan / Kirk Chang -- Folk lending and P2P : monitoring maturation in Chinese financial contracting / Travis Selmier II -- A new FDI framework in the Chinese services industry / Ivana Beveridge -- China versus India : emerging giants in the world economy / Nirjhar Nigam -- Implications and what can we learn? / Elisabeth Paulet, Chris Rowley

Games in Economic Development examines the roots of poverty and prosperity through the lens of elementary game theory, illustrating how patterns of human interaction can lead to vicious cycles of poverty as well as virtuous cycles of prosperity. This book shows how both social norms and carefully designed institutions can help shape the 'rules of the game', making better outcomes in a game possible for everyone involved. The book is entertaining to read, it can be accessed with little background in development economics or game theory. Its chapters explore games in natural resource use; education; coping with risk; borrowing and lending; technology adoption; governance and corruption; civil conflict; international trade; and the importance of networks, religion, and identity, illustrating concepts with numerous anecdotes from recent world events. Comes complete with an appendix, explaining the basic ideas in game theory used in the book

This book examines Indonesia's business environment since reformasi began in 1985 -- what stayed the same, what changed, and would could change. Economic recovery has been hesitant. Regime change and political reform have created uncertainties that have deepened reluctance to invest. A raft of government-instigated changes have left their imprint: decentralization, privatization, new company legislation, anti-corruption efforts, nationalization of debt-ridden banks, and firms being forced into receivership. More cautious lending practices by remaining financial institutions have imposed a credit crunch. Increased worker militancy and minimum wage rises have led some international firms to reconsider their presence in Indonesia. Changes in the business environment have caused a redefinition of private enterprise-government relations, inducing firms to re-examine their organization and management. The book includes insights of distinguished and stimulating speakers from business, independent research organizations, and academic institutions in Indonesia, Australia and elsewhere

AbstractIn post‐socialist Budapest, gentrification has remained modest for decades after the regime change (1989) due to politically controlled economic relations besides marketisation. Political control was transformed but maintained after 2010 in the illiberal Orbán regime. Populist housing privatisation for tenants, insufficient regulation of rental housing, mortgage policy and urban rehabilitations with systemic corruption caused moderate level of housing market commodification. However, gentrification accelerated from 2014. Among other factors, the restriction of mortgage lending and the unplanned expansion of tourism increased the commodification of real estate market. Similar contextual issues were mentioned in the gentrification literature before; however, they remained external modifying effects of the assumed nomothetic political economic mechanisms behind rent gaps under neoliberal governance assumed everywhere. We suggest connecting institutional, social and political factors with dynamics of land rent through the concept of commodification and its effects on potential ground rent to include them within the mechanisms of gentrification.

The rise of Singapore as international financial centre : political will, industrial policy, and rule of law / Jiangyu Wang -- Inside the Singapore financial centre / Dora Neo -- Hong Kong : evolution and future as a leading international financial centre / Douglas W. Arner -- Level playing field as an institutional challenge to China as a socialist market economy / Xianchu Zhang -- Regulating internationalization of currency : comparative experience in Asia / Weitseng Chen -- A small difference in wording, but a big difference in rule-making : a retrospective and prospective view on the development of China's economic zones / Jiaxiang Hu -- Finance, rule of law and human rights in China / Matthias Vanhullebusch -- Positioning Singapore as an international centre for fund-raising / Alexander F. H. Loke -- A people's market of Hong Kong : facilitating crowdfunding of SMEs / David C. Donald, George Mok and Adrian Fong -- New risk management requirements in Hong Kong's corporate governance code : "more than just a box to tick" / Angus Young and Coral Huo -- Regulating P2P lending in China : industrial landscape and regulatory approaches / Shen Wei -- Regulating China's internet money market funds : an economic perspective / Xiaoye Jin -- Liberalizing capital market entry in China : building a registration system / Jing Leng -- Anti-corruption enforcement in Singapore / Chee Kun Thong and Muslim Albakri -- Cracking the whip on financial crimes in Singapore / Hamidul Haq -- Role of the criminal law in maintaining Hong Kong as an international financial centre / Simon N. M. Young -- Anti-corruption law and enforcement in Hong Kong : keeping it clean / Michael I. Jackson