The paper proceeds from the widely held assessment that Myanmar’s economy is handicapped by structural imbalance, instability, inefficient and imperfect markets, and distorted prices. The paper delineates how this general state of affairs is clearly evident in the agricultural sector. It then identifies the constraints retarding the development of agricultural growth. Among the factors blamed f...

  This is undoubtedly recognized that economic performance for each country over time is related to a great extent to its political, institutional and legal environment. In fact, these institutions and policies are that determine the governance quality.   In a panel data study, we applied newly developed indices to examine the effects of good governance on FDI for fifteen middle-income countri...

Virtually all governments are keen to attract foreign direct investment (FDI). It can generate new jobs, bring in new technologies and, more generally, promote growth and employment. The resulting net increase in domestic income is shared with government through taxation of wages and profits of foreign-owned companies, and possibly other taxes on business (e.g. property tax). FDI may also posit...

Globally, agriculture provides a livelihood for more people than any other industry. Growth in agricultural production and productivity is needed to raise rural incomes, to support the increasing numbers dependent on the industry and to meet the food and raw material needs of the faster growing urban populations. Enhancing agricultural productivity contributes to industrial growth by providing ...

This paper investigates the impact of exchange rate fluctuations on the value of nonfinancial firms in Chile. Using a detailed dataset on firms’ foreign activities, the potential determinants of the identified exposure are examined. Foreign exchange exposure depends on the levels of foreign currency debt and foreign currency assets. Levels of tradeables (exports and imports) do not explain expo...

this study investigates the effects of  macroeconomic variables and their role in development of foreign exchange market. the foreign exchange market is the mechanism by which a person of firm transfers purchasing power form one country to another, obtains or provides credit for international trade transactions, and minimizes exposure to foreign exchange risk. the foreign exchange transaction i...