The past decade has been marked by a significant increase in the involvement of transnational banks (TNBs) in developing countries. This paper examines the impact of foreign bank participation on the performance of domestic banks in Turkey. The findings suggest that foreign banks introduced...

The public pension systems of the post-socialist economies of Hungary and Poland are financially unsustainable. In addition to being poorly managed, they face many of the same problems that plague pay-as –you-go systems in other countries, including growing benefit expenditures and adverse...

The purpose of this study is to develop recommendations for the reform of the corporation income tax system in Sri Lanka in order to improve the fiscal climate for long term industrial investment. The present tax system is characterized by high statutory rates and a wide array of opportunities...

Over the past few decades, the environmental policy debate has evolved to recognize the utility of influencing pollution abatement by using market forces that integrate economic and environmental decision-making. Market-based incentive (MBI) instruments may be broadly classified to include...