one of the most traditional architecture and urban planning patterns is bazaar. the aim of this paper is studying social, economical and architectural features of traditional bazaars. the claim of this study is that they are significant relationship between social and economical values of bazaars with their architectural values. bazaar usually is located along the main routes of the city and ex...

The Armenia Social Investment Fund supports communities’ efforts to improve local infrastructure during Armenia’s economic transition away from central planning. In Armenia the social fund encourages communities to organize projects that rehabilitate primary schools and water facilities, financing approximately 90 percent of initiatives that communities design and implement. This study consider...

The Armenian Social Investment Fund supports communities’ efforts to improve local infrastructure during Armenia’s economic transition away from central planning, financing community-designed and -implemented projects to rehabilitate primary schools, water systems, and other infrastructure. This article considers the targeting, household impact, and community effects of the social fund’s activi...

The Global Fund to Fight AIDS, Tuberculosis and Malaria has played an important role in financing the response to HIV/AIDS and tuberculosis (TB) in Indonesia. As part of a series of case studies, we assessed the nature and extent of integration of Global Fund portfolios into the national HIV and TB programmes, integration of the HIV and TB programmes within the general health system, and system...

This paper analyzes hedge fund investors’ geographical preference and its implication for hedge fund performance. We document that funds of funds overweigh their investments in hedge funds located in the same cities by 6 to 15 percent. We also find that funds of funds with a stronger local bias exhibit superior performance. However, this local bias of funds of funds can adversely impact the hed...

User fees in health services are a source of much debate because of their potential risk of negative effects on access to health care for the poor. A Health Equity Fund that identifies the poor and pays on their behalf may be an alternative to generally ineffective fee exemption policies. This paper presents the experience of such a Health Equity Fund, managed by a local non-governmental organi...

The paper investigates the role of trust in fund managers’ investment process. Three types of trust personal trust, organizational trust and system trust have been identified in Chinese fund managers’ investment practice. The impacts of different types of trust on mutual funds’ performance are then examined empirically. Through an in-depth investigation of 96 actively managed Chinese mutual fun...