Firms often cite financing constraints as one of their primary obstacles to investment. Global capital flows, by bringing in scarce capital, may ease host-country firms' financing constraints. However, if incoming foreign investors borrow heavily from domestic banks, multinational firms may exacerbate financing constraints by crowding host-country firms out of domestic capital markets. Combinin...

BACKGROUND Between 2002 and 2010, the Global Fund to Fight AIDS, Tuberculosis and Malaria's investment in HIV increased substantially to reach US$12 billion. We assessed how the Global Fund's investments in HIV programmes were targeted to key populations in relation to disease burden and national income. METHODS We conducted an assessment of the funding approved by the Global Fund Board for H...

This study analyzes an overlapping generations economy with multiple family dynasties in which the abihty levels of children are random and unobservable. Each parent allocates his income between consumption and investment in the education of his child. Each child, in turn, decides how much effort toexert in school on the basis of his perceived marginal returns to schooling, a perception shaped ...

events in the building industry in nigeria in the last decade show the important role the private sector played in housingfinance. with the advent of the public-private partnership concept in almost every sector of the socio-economic spheresof the nation, the role of the private sector in housing finance cannot be over-emphasized. this paper clearly states thatthe low-income public servants do ...

the present article has been prepared based on two field research studies undertaken to identify the vulnerable strata in rural areas of iran’s garmsar and dasht-e azadegan regions2. as will be demonstrated below, the findings of the two studies show that the development policies implemented during recent decades--policies emphasizing strategies of structural adjustment, liberalization, and pri...

We examine the impact of family income during childhood on the type of secondary school that German children attend, a good indicator of their lifetime socioeconomic attainment. By contrast with several US child outcome studies, we find that late-childhood income is a more important determinant of outcomes than early-childhood income, and income effects are not greater for poor households compa...

Do households in high growth regions invest more in education because their incomes are growing or because growth raises their returns to education? What is the relative contribution of these channels to explaining education choices? To answer these questions, this paper exploits variation in the demand for skill and land in two major sectors of rural India agriculture and manufacturing. To gui...

Received April 5, 2016 Revised May 10, 2016 Approved June 18, 2016 The financial surface of the globe at all times reveals a weird balanced impact of the public investment preferences, their understanding about the investment requirements, their anticipation of returns on their investments etc. Perhaps forecasting the growth of the business world would be crucial without an apposite comprehensi...

BACKGROUND Efficient and evidence-based medical device and equipment prioritization is of particular importance in low-income countries due to constraints in financing capacity, physical infrastructure and human resource capabilities. METHODS This paper outlines a medical device prioritization method developed in first instance for the Republic of South Sudan. The simple algorithm offered her...