This paper discusses possible medium-term public debt targets for India, based on evidence from the economic literature on prudent levels of public debt and the feasibility for the country to meet a particular target over the next 5-6 years. While recognizing the challenges in determining an...

This paper analyses the links between the investment strategies of a commodity-based SWF and the macroeconomic framework of the owner country. We examine some basic macrofinancial linkages of an SWF's strategic asset allocation (SAA) strategies with regard to the government budget, monetary...

This paper aims to defend the importance of the information and persuasion in financial markets. The conviction relates to the developments of Argumentation Theory (AT). Understand that economic agents react according to the information they have, and that beliefs play an important role because...

The adoption of Basel II standards by the Bangko Sentral ng Pilipinas initiates financial institutions to develop value-at-risk (VaR) models to measure market risk. In this paper, two VaR models are considered using the peaks-over-threshold (POT) approach of the extreme value theory: (1) static...

The purpose of this article is to consider risk management in the airline industry using an economic model. An increase in the number of airlines can reduce the probability of passengers being unable to find substitutable flights, while it increases total entry costs. Thus, there is an optimal...

This paper investigates whether the risk faced by rural farmers in Zimbabwe could potentially be managed by using community-based wildlife conservation. Community-based wildlife conservation could be an additional asset in the rural farmers. investment portfolio thereby potentially diversifying...

The relationship between urban spaces, associated risk, and the notion of proximity has until now been subject to very little critical examination. It is, however, crucial to conduct a discussion on the subject, especially in view of the latest disasters that have made the headlines (notably in...

Canadian researchers and policy makers dealing with climate change adaptation in the agriculture field frequently point to an apparent lack of interest from producers when the topic is raised. This attitude may be the result of several conditions, including the fact that adaptation, as a term,...

Stewardship programs are an important element of agroecosystems management. These programs are confronted with the difficult challenges of demonstrating their positive impacts on the environment. This paper argues that under the precautionary principle, evaluation of stewardship programs should...

The paper analyzes the relationship between the allocation of labor and land, the number of crops grown and income sources of rural households in Vietnam and different types of shocks and risks. It uses the data from the first phase of the household survey in three provinces of Central of...