Factoring is explicitly linked to the value of a supplier’s accounts receivable and receivables are sold, rather than collateralized, and factored receivables are not part of the estate of a bankrupt firm. Therefore, factoring may allow a high-risk supplier to transfer its credit risk to higher quality buyers. Empirical tests find that factoring is larger in countries with greater economic deve...

The topic of this year’s conference, ‘Financial Flows and Infrastructure Financing’, was chosen to support the G20 agenda during Australia’s presidency in 2014. More specifically, the G20 is seeking to boost global growth, including through focusing on ways to improve the climate for investment, particularly in infrastructure. Reflecting the broad range of issues covered by this topic, the conf...

Institutions that rely on joint liability to facilitate lending to the poor have a long history and are now a common feature of many developing countries. Economists have proposed several theories of joint-liability lending that stress various aspects of its informational and enforcement advantages over other forms of lending. This paper analyzes how joint-liability lending promotes screening, ...

The study was couducted to investigate the effects of gamma irradiation and CO₂ on flavonoid content and leaf gas exchange in C.asiatica. For flavonoid determination, the design was a split split plot based on Randomized Complete Block Design (RCBD). For other parameters, the designs were split plots. Statistical tests revealed significant differences in flavonoid contents of Centella asiatica ...

The G20, a group of 19 countries and the European Union, is significant international forum that plays vital role in promoting global financial stability economic cooperation. India set to take over G20 presidency 2023, milestone for country. India’s critical as it represents one fastest-growing economies world, has potential become major player trade investment. As holder, will have crucial se...

The genetic diversity of the natural freshwater community of cyanophages and its variations over time have been investigated for the first time in the surface waters of the largest natural lake in France. This was done by random screening of clone libraries for the g20 gene and by denaturing gradient gel electrophoresis (DGGE). Nucleotide sequence analysis revealed 35 distinct cyanomyovirus g20...

The transition from Millennium Development Goals to Sustainable Development Goals has substantially shifted the policy debate from development to inclusive development. Using interactive quantile regressions, we examine the correlations between mobile banking and inclusive development (quality of growth, inequality and poverty) among individuals in 93 developing countries for the year 2011. Mob...

Population ageing, the global economy and the G20 The 2014 G20 Summit met at a time of stuttering recovery for the world economic system, in so far as recovery relies on economic growth and trustworthy and reliable international financial institutions. During the global financial crisis (GFC) that took place between 2007 and 2010, not only did many advanced economies have to bail out those fina...