The importance of maintaining sufficient liquidity in financial markets is emphasised strongly in the academic literature. During the 1990s the United Kingdom monetary authorities introduced a number of structural reforms in the government bond market, aimed at improving secondary market liquidity. In this paper we examine the impact of the reforms by attempting to ascertain if liquidity levels...

Healthcare systems around the globe are facing a number of challenges. Thus Increasing focus is being placed on constructing appropriate healthcare reforms which are attempting to address how to tackle these challenges. A critical enabler in these reforms is the adoption of an e-health solution. Such e-health solutions are not only expensive and complex endeavours, but also have far reaching im...

China started forest land tenure reform in the early 1980s. The household responsibility system (HRS) was usually referred to as reform even though various forms of reforms have been developed from region to region. More importantly, the approaches to reform have been evolving through time. A trend toward privatization became more apparent when the Central Government started a pilot experiment ...

ABSTRACT Researchers have argued that political parties in government matter for policy integration reforms, but the way they do so remains somewhat undetermined. In this paper, we contribute to literature by tackling two interrelated open questions: How does presence of different government, which rely on programs opposite sides ideological spectrum, shape intensity reforms? To what extent cha...

We examine ill-health retirement of police officers in England and Wales between 2002-3 and 200910. Differences in ill-health retirement rates across forces are statistically related to area-specific stresses of policing and force-specific differences in human resources policies. Reforms to police pension plans – in particular a shift in the incidence of financing ill-health retirement from cen...

This article considers the path of social policy and democracy in Australia and the latest set of welfare reforms under Labor. The reforms can be seen to mark a reaction to the excesses of neoliberal government on the one hand, but they also represent continuity in neoliberal thought and policy on the other. As we shall see, engrained ideas about individualist wage-earning welfare, that were es...

The first part of this paper provides a broad evaluation of the performance of the Indian economy (including cross country comparisons) and highlights the economic crisis faced by India in June, 1991. This crisis proved to be a turning point for the economy, providing the impetus for the initiation of revolutionary though studied and pragmatic economic reforms by the then Congress government. A...

The “shortage” of radio spectrum is usually attributed to the scarcity of spectrum, but it is due to the inefficiency of radio technologies and spectrum management. Regulatory reforms are being proposed to assign exclusive rights to spectrum, but such reforms would be harmful because the spectrum is not a property but a protocol by which information is carried. New packet radio technologies ena...

Since the advent of New Public Management, public service innovations and policy transfers have become increasingly popular around the world as a strategy for improving governance and scaling up service quality. The Malaysian government has also shown considerable interests in policy learning and consequently introduced important innovations and reforms akin to those introduced in other context...