While much of modern international migration is brought about by political factors due to both civil and international wars, the vast extent of international migration following World War II is comprised of labor migration, legal and illegal alike. Although the current global recession led many developed countries, particularly those of the EU, to tighten control over the inflow of migrant work...

This paper characterises South Korean monetary policy in the period of explicit inflation targeting that started in 1999. We calculate Bank of Korea’s parameters in the policy objective function, conditional on an estimated macro-model. We show that this central bank appears to have pursued optimal policy geared towards achieving price stability, while displaying a considerable degree of intere...

Background In Nepal, burn trauma causes more than 55,000 injuries each year. Burn-related mortality is high in Nepal, in part due to lack of allograft, leading to high infection rates. To address this challenge, our collaboration between Kirtipur Hospital, America Nepal Medical Foundation, Stanford University, and ReSurge International established Nepal's first skin bank. Methods We identifie...

The period selected for this study represents one of particular interest with respect to regional bank performance. First, it represents the five-year period immediately following the implementation in 1992 of capital adequacy requirements for banks under the Basel Accord of 1988. The basis of the Accord of 1988 was that a consistent standard be applied for determining minimum capital requireme...

Welcome to the 42nd issue of the World Bank Trade Research Electronic Newsletter, a periodic E-mail publication containing abstracts of recent trade working papers, publications and other works. Additional information on the Bank's Trade Research Team activities can be found on the recent redesigned World Bank Trade Research website (http://www.econ.worldbank.org/programs/trade). This provides ...

This article combines health and water research results, evidence from confidential documents released under the Freedom of Information Act, legal analysis, and discussion of historical context to demonstrate that actions taken by the international community through the Inter-American Development Bank are directly related to a lack of access to clean water in Haiti. The article demonstrates tha...

Greater transparency and disclosure of bank activities will not prevent future banking crises unless appropriate monetary, fiscal, and regulatory policies are also adopted. Nonetheless, greater disclosure of banking problems can reduce the costs of banking crises, even if transparency is not a panacea for preventing banking crises. key words: Disclosure, Transparency, Banking Crisis This paper ...

In order to solve the problem of insufficient capital adequacy, haphazard internal control, the lower international competitiveness and others, the domestic commercial banks have introduced strategic investors. In order to study whether efficiency of introducing the strategic investors is improved, this paper carries out panel data regression analysis, using data of such banks as: the China Con...