The continuous decline of petroleum and natural gas reserves and non linear rise of oil price has brought about a realisation of the need for a change in our perpetual dependence on the fossil fuel. A day to day increased consumption of crude and petroleum products has made a considerable impact on our foreign exchange reserves. Hence, an alternate resource for the conversion of energy (both li...

So far, various contributions have failed to explain Asia’s fat foreign currency reserve accumulation. In this paper, I analyze reserve holding decisions in a wider social, political, and economic context. Using Weber’s heuristic of ideas and interests as determinants of actions, I show that Asian countries' reserve accumulation is caused by a paradigm shift. In Asia’s former Development State ...

Marine reserves are viewed as flagship tools to protect exploited species and to contribute to the effective management of coastal fisheries. Yet, the extent to which marine reserves are globally interconnected and able to effectively seed areas, where fisheries are most critical for food and livelihood security is largely unknown. Using a hydrodynamic model of larval dispersal, we predict that...

Despite the political sensitivity of foreign capital, existing work on the effect of foreign capital at the firm level is slim. This paper examines the effect of foreign equity ownership and management on firm performance using a panel of Korean firms for the period of 1993-2007 when foreign capital inflows increased dramatically. Empirical results show that foreign equity ownership positively ...

R reports have raised serious concerns about the rapid declines of historically productive marine fishery resources and the degradation of essential fish habitats. This global crisis has spurred development of innovative management strategies to rebuild depleted fisheries and marine ecosystems. One highly touted strategy involves the design and creation of marine reserves (areas off limits to e...

In the midst of several management failures, marine reserves are seen as a potential management tool to control overexploitation. In the literature, both modelling and empirical work have demonstrated that closing an area to fishing would lead to an increase in biomass and mean body size within the reserve. Benefits, in the form of increased catch, outside the reserves are sometimes shown using...

Recent interest in using marine reserves for marine resource management and conservation has largely been driven by the hope that reserves might counteract declines in fish populations and protect the biodiversity of the seas. However, the creation of reserves has led to dissension from some interested groups, such as fishermen, who fear that reserves will do more harm than good. These perceive...

introduction: ingestion of a foreign body is a common problem among all age groups. most of the foreign bodies in the pharynx are usually lodged at the level of cricopharynx. the diagnosis is based on history, clinical, and radiological examination. most foreign-body ingestions are accidental, but there may be contributory factors such as mental disorder, alcoholism, and prison incarceration. t...

Non-performing loans (NPLs) are a typical sign of stress testing from financial institutions and may be used to measure the system's health. The critical criterion for achieving system stability is macroeconomic stability. Instability in (financial crisis) impairs bank's liquidity might lead more problematic loans, impacting other industries. association between NPL numerous variables, includin...