The elimination of the quota and price support program in 2004 meant limited government intervention and made U.S. tobacco producers more vulnerable to market risks. In this paper we provide an examination of the situation in the U.S. tobacco industry before and after the buyout and identify how...

This paper examines financial sustainability and social outreach determinants of microfinance institutions’ (MFIs) performance in the Southern and Northern parts of Ghana using the Seemingly Unrelated Regression (SUR) as the estimation technique. Results suggest that although MFIs in both...

This paper examines delinquency, profitability, and outreach determinants of microfinance institutions’ (MFIs) performance in Russia, the Caucasus, and Central Asia. The estimation is done using the Seemingly Unrelated Regression (SUR) technique. The estimation results suggest that the...

This paper examines delinquency, profitability, and outreach determinants of microfinance institutions’ (MFIs) performance in Russia and the Caucasus. The estimation is done using the Seemingly Unrelated Regression (SUR) technique. The estimation results suggest that Russian and Caucasian MFIs...

This article makes an initial attempt to design catastrophe (CAT) bond products for agriculture and examines the potential of these instruments as mechanisms for transferring agricultural risks from insurance companies to investors/speculators in the global capital market. The case of Georgia...

The purpose of this study was to evaluate the willingness of businesses directly dependent on ecotourism to pay for the protection of the environmental assets marketed as "ecotourism products." The open-ended contingent valuation method was employed to elicit willingness to pay (WTP) in the four...

The objective was to analyze the effects of country and firm specific factors on the return on equity in the beverage and tobacco and food and consumer products industries for eleven industrialized nations. The results indicated that country and firm specific factors were important in explaining...

The U.S.-Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) levels the playing field of trade between the United States and the six CAFTA-DR partner countries. Half of U.S. farm products gain immediate tariff-free access to the markets of the CAFTA-DR region. All Tariffs will be...