Suchergebnisse

Effectiveness of the federal system of government in securing an equitable inter-regional distribution of incomes and welfare for the country as a whole examined. The central questions are how the federal institutions of resource allocation inter-relate with the multi-level structures of governmental authority, and how the near-sovereign rights of states in economic and social matters are reconciled with the need of inter-state transference of real resources from richer to poorer states. (Bo 149)

Using panel data for the period 1993 to 2005 from 16 regions of the Philippines, this study investigates whether the resource allocation efficiency of Philippine rural banks resulting from the quantity and quality of banking intermediation activities affects regional economic growth. To explore this relationship, four measures of resource allocation efficiency were alternatively tested employing pooled generalized least squares (EGLS) estimation. The findings suggest that Philippine rural banks need to make allocative adjustments in the areas of branch presence, operational efficiency and credit participation. These results lend support to government efforts to strengthen the rural banking sector and to increase the volume of investments in the regions. Important policy implications of these findings include the need to enhance confidence in the Philippine rural banking system, to encourage savings in regional rural banks, and to ensure efficient transfer of resources from savers to investors.

Examine the costs and benefits of fiscal ?wars? between Brazilian statesLatin American Business examines Brazil's use of fiscal incentives to attract investors to help remedy disparities in the country's regional distribution of income. Since the 1990s, individual Brazilian states have taken the initiative in trying to lure domestic and foreign firms to locate within their borders, targeting the automotive industry, textiles, and shoe production. But their efforts have led to mixed results and questions about whether these fiscal wars have been legitimate attempts at regional economic developm

Problem of measuring regional disparities in level of development. Planning model for alleviating this disparity