The literature indicates that financial liberalization improves the efficiency of credit allocation by reducing credit rationing. This argument, based on the availability doctrine, states that financial liberalization increases the amount of investable funds; hence, reduces the number of loan...

The Republic of Kyrgyzstan introduced radical reforms to restructure its financial sector to accelerate the transformation of its centrally planned economy to a market-based economy. High interest rates charged on loans is one of the major financial problems for trade and industry sectors in...

The Bukidnon Province in Mindanao Island is a rural area with one of the highest poverty levels in the Philippines. About 60 percent of the farm families live below the poverty line. Nonetheless, Buckidnon Province offers location and climatic advantages for the development of a high-value...

In this paper we report on an evaluation of the feasibility of a port improvement project at General Santos City in the Philippines. For an analysis of this project, which is an expansion of an existing facility, the financial and economic analyses are conducted with and without the project. To...

The role which information technology should play in the tax reform process is a subject of considerable debate. Installing computers and writing software to assist the tax administration is no substitute for political will, along with sound assessment and enforcement procedures, which are the...

An electric utility operating to satisfy the instantaneous demand for electricity by its customers has investment and daily operation decisions are dominated by two cost items, capacity cost and fuel cost. This is not surprising for an industry whose business is employing capital to convert raw...