This paper examines market structure and efficiency of price transmittals in the two national stock exchanges of India: The Bombay Stock Exchange and the National Stock Exchange. Price movements in a large number of important stocks in both markets are considered. The framework used is the...

This paper examines whether and to what extent amendments in inheritance legislation impact women's physical and human capital investments, using disaggregated household level data from India. The authors use inheritance patterns over three generations of individuals to assess the impact of...

Pacific open ocean fisheries are classic examples of the tragedy of the commons where a lack of defined ownership results in competitive overexploitation by multiple parties. Such circumstances exist over most Pacific seas beyond site of land due to scarce monitoring resources. Voluntary...

For all its history, Australia has been dependent upon a major power for security. Before federation, the colonies looked to Britain. That attitude continued until World War II. Britain was then unable to defend us, and Australia was vulnerable. Strategic dependence upon a major power was in the...

In 2013, the Rudd Labor Government introduced a new version of the ‘Pacific Solution’ to Australia's ‘problem’ with increasing numbers of asylum-seekers arriving by boat. The new version not only included the transfer of asylum-seekers to Nauru and Manus Island in Papua New Guinea, it...

Chinese development assistance in the Pacific has attracted increasing attention since the 1st China-Pacific Island Countries Economic Development and Cooperation Forum in 2006, at which China announced US$492 million in concessional loans to the region. Another US$1 billion in concessional...