Template-Type: ReDIF-Article 1.0
Author-Name: Kensuke Yamaguchi
Author-X-Name-First: Kensuke
Author-X-Name-Last: Yamaguchi
Author-Name: Prasert Reubroycharoen
Author-X-Name-First: Prasert
Author-X-Name-Last: Reubroycharoen
Author-Name: Masahiro Sugiyama
Author-X-Name-First: Masahiro
Author-X-Name-Last: Sugiyama
Author-Name: Dawan Wiwattanadate
Author-X-Name-First: Dawan
Author-X-Name-Last: Wiwattanadate
Author-Name: Hisashi Yoshikawa
Author-X-Name-First: Hisashi
Author-X-Name-Last: Yoshikawa
Author-Name: Ichiro Sakata
Author-X-Name-First: Ichiro
Author-X-Name-Last: Sakata
Title: Cross-border power trade with Myanmar: barriers and their removal from the Thai's perspective
Abstract:
How can we remove barriers regarding the cross-border electric power trade between Myanmar and Thailand for the promotion of power integration? While Myanmar has traded electricity with China, the bilateral power trade with Thailand has made little progress. Taking some cases such as Dawei, through stakeholder meetings and focus group interviews, using the frameworks derived from a UN literature survey, we have identified the characteristics of distinctive barriers related to fuel types. While coal-fired power projects tend to experience more issues related to economic barriers, hydropower projects are likely to face social barriers, often interrelated with environmental issues. As both barriers are embedded within insufficient legal arrangements, legal technical assistances are crucially required.
Journal: Int. J. of Public Policy
Pages: 30-49
Issue: 1/2
Volume: 14
Year: 2018
Keywords: Myanmar; cross-border power trade; stakeholder meeting; barrier analysis; GMS.
File-URL: http://www.inderscience.com/link.php?id=90671
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:1/2:p:30-49

Template-Type: ReDIF-Article 1.0
Author-Name: Xunpeng Shi
Author-X-Name-First: Xunpeng
Author-X-Name-Last: Shi
Author-Name: Hengsi Chen
Author-X-Name-First: Hengsi
Author-X-Name-Last: Chen
Author-Name: Yang Yu
Author-X-Name-First: Yang
Author-X-Name-Last: Yu
Author-Name: Fushuan Wen
Author-X-Name-First: Fushuan
Author-X-Name-Last: Wen
Title: Development of variable renewable energy policy in developing countries: a case study of Sri Lanka
Abstract:
Development of policy for variable renewable energy (VRE), such as wind and solar power, could be difficult in developing countries that have limited capacity, limited technical, and fiscal resources. Sri Lanka is such a case. Although Sri Lanka has a potential to develop VRE, the development was neither sufficient nor smooth. This study explores the development of VRE in the 2000s and analyses the impacts of the cost reflective feed-in-tariffs (FITs). The study finds that VRE public policy in Sri Lanka can be improved in a number of ways: better coordination among government agencies; technology specific policy and accommodation of cost dynamics; and redesign of subsidy policies. Generally, the governance mechanism suggested in this research is an innovated structure to coordinate multiple government agencies by specifying policies according to technologies and redesigning the subsidy structures by accommodating the cost dynamics.
Journal: Int. J. of Public Policy
Pages: 10-29
Issue: 1/2
Volume: 14
Year: 2018
Keywords: Sri Lanka; variable renewable energy; VRE; feed-in-tariff; FIT; stakeholder impact assessment.
File-URL: http://www.inderscience.com/link.php?id=90682
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:1/2:p:10-29

Template-Type: ReDIF-Article 1.0
Author-Name: Emmanuel Senyo Fianu
Author-X-Name-First: Emmanuel Senyo
Author-X-Name-Last: Fianu
Title: Portfolio optimisation of power futures market: evidence from France and Germany
Abstract:
Understanding the nature of power futures is particularly crucial, for non-storable commodities such as wholesale electricity since it has been deregulated. This paper examines different types of optimisation techniques and provides a temporal analysis of energy future prices. In particular, it highlights how one of the well-known elements of modern finance theory could improve the accuracy of evaluating the risk exposure inherent in power futures market via a modified version of the mean-variance portfolio (MVP) theory. The optimisation techniques employed account for the initial capital requirement of the energy futures and estimate the optimal weights needed to mitigate the downside risk inherent in the energy futures market. One major finding of this paper shows that, a portfolio of energy prices with different maturities could provide market players with a less risky investment in the energy market. In addition, the feasibility of the methodologies utilised have been presented.
Journal: Int. J. of Public Policy
Pages: 120-144
Issue: 1/2
Volume: 14
Year: 2018
Keywords: portfolio theory; portfolio optimisation; electricity futures; energy markets; investment risk management.
File-URL: http://www.inderscience.com/link.php?id=90690
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:1/2:p:120-144

Template-Type: ReDIF-Article 1.0
Author-Name: Anindya Bhattacharya
Author-X-Name-First: Anindya
Author-X-Name-Last: Bhattacharya
Author-Name: Joydeep Ghosh
Author-X-Name-First: Joydeep
Author-X-Name-Last: Ghosh
Author-Name: Tetsuo Tezuka
Author-X-Name-First: Tetsuo
Author-X-Name-Last: Tezuka
Author-Name: Tania Bhattacharya
Author-X-Name-First: Tania
Author-X-Name-Last: Bhattacharya
Title: Assessment of low carbon transport for sustainable development in Bhutan: a general equilibrium approach
Abstract:
Bhutan is dedicated to make its economy carbon neutral and to follow the exemplary path of low carbon development in the coming days. In the process of doing so, Bhutan identified that its transport sector is one of the most important sectors to address. Low carbon technology in transport sector is crucial for Bhutan to combat climate change related impacts. In this paper we have identified four different low carbon interventions possible for Bhutan and analysed their impacts on national economy, social welfare, income status and environment as a whole. The study demonstrates that low carbon transport intervention especially electric cars have highest positive macroeconomic impacts in Bhutan but at the cost of increasing urban rural income disparity. This further draws the attention of policy makers to take preventive measures in the case of introducing the policy for electric cars. In this study we also showed that modal shift (private to public transport) also has positive impacts on economy and environment in Bhutan.
Journal: Int. J. of Public Policy
Pages: 64-103
Issue: 1/2
Volume: 14
Year: 2018
Keywords: electric vehicle; low carbon transport; CGE model; Bhutan.
File-URL: http://www.inderscience.com/link.php?id=90692
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:1/2:p:64-103

Template-Type: ReDIF-Article 1.0
Author-Name: Subas P. Dhakal
Author-X-Name-First: Subas P.
Author-X-Name-Last: Dhakal
Author-Name: Muhammad N. Mahmood
Author-X-Name-First: Muhammad N.
Author-X-Name-Last: Mahmood
Author-Name: Ramji Bogati
Author-X-Name-First: Ramji
Author-X-Name-Last: Bogati
Title: Bridging the energy access divide for sustainable development in South Asia: policies and prospects in Nepal
Abstract:
Bridging the energy access divide is critical for meeting Nepal's social and economic development objectives. Under the assumption that there are fertile opportunities for linking energy policy and market prospects, this paper explores the central question: 'to what extent is the current policy environment in Nepal conducive to the uptake of solar energy at the household level?' The paper makes use of an exploratory research approach to data analyses in order to address the research question. The findings reveal that the country's renewable energy market is still in its infancy. Although donor-driven subsidy policy has been successful in promoting the uptake of solar energy, exclusivity of subsidy mechanisms coupled with the lack of cross-sectoral policy harmony are hindering the uptake of solar energy. The paper ends with a discussion on the need for a market-centric impetus to facilitate a renewable energy sector in Nepal.
Journal: Int. J. of Public Policy
Pages: 104-119
Issue: 1/2
Volume: 14
Year: 2018
Keywords: donor agencies; energy policy; Leximancer; renewable energy market; South Asia; sustainable development; Nepal.
File-URL: http://www.inderscience.com/link.php?id=90704
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:1/2:p:104-119

Template-Type: ReDIF-Article 1.0
Author-Name: Dmitry Rudenko
Author-X-Name-First: Dmitry
Author-X-Name-Last: Rudenko
Author-Name: Anna Raschetova
Author-X-Name-First: Anna
Author-X-Name-Last: Raschetova
Title: Determinants of energy intensity in Russia
Abstract:
In the Soviet Union energy intensity levels remained high. After the Soviet Union breakdown Russia has also been very energy intensive. Although Russia's energy intensity has fallen by nearly 41%, primary energy consumption per capita has increased by 24% since 1998. The current study aims to investigate how different determinants have contributed to the decline in Russia's energy intensity. The cointegration methodology is applied to establish the long-run relationship among the variables influencing energy intensity in Russia. The results show that energy prices and the share of non-carbohydrate energy have significant impact being negatively correlated to changes in energy intensity. A 1% increase in real crude oil price is expected to reduce energy intensity by 0.26% approximately, as well as a 1% increase of the share of alternative energy sources is expected to reduce the energy intensity by 0.86%.
Journal: Int. J. of Public Policy
Pages: 50-63
Issue: 1/2
Volume: 14
Year: 2018
Keywords: energy intensity; energy efficiency; Russia; renewable energy; FMOLS.
File-URL: http://www.inderscience.com/link.php?id=90712
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:1/2:p:50-63

Template-Type: ReDIF-Article 1.0
Author-Name: Laura Seelkopf
Author-X-Name-First: Laura
Author-X-Name-Last: Seelkopf
Author-Name: Hongyan Yang
Author-X-Name-First: Hongyan
Author-X-Name-Last: Yang
Title: European fiscal solidarity: an EU-wide optimal income tax approach
Abstract:
The current financial crisis has brought Europe to a critical juncture. In this paper, we map fiscally the United States of Europe. We simulate an optimal EU-wide income tax and calculate the implied cross-country transfers. The comparison of the implied transfers with the real transfers shows how insufficient the actual transfers are in reducing income disparities across the EU. Moreover, to evaluate the chances for a stronger European fiscal integration within different (core-) groups of member states, we illustrate the winners and losers from optimal EU-wide income redistribution across the Union. While the need for centralised redistribution grows with the number of heterogeneous member states, the implementation of a European income tax becomes, at the same time, ever more unlikely.
Journal: Int. J. of Public Policy
Pages: 145-163
Issue: 1/2
Volume: 14
Year: 2018
Keywords: European Union; inequality; redistribution; solidarity; fiscal policy; optimal taxation.
File-URL: http://www.inderscience.com/link.php?id=90752
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:1/2:p:145-163

Template-Type: ReDIF-Article 1.0
Author-Name: Mohsen Bahmani-Oskooee
Author-X-Name-First: Mohsen
Author-X-Name-Last: Bahmani-Oskooee
Author-Name: Hanafiah Harvey
Author-X-Name-First: Hanafiah
Author-X-Name-Last: Harvey
Title: How sensitive are Singapore's inpayments and outpayments to exchange rate changes: evidence from commodity trade with Malaysia
Abstract:
There are a few methods that could be used to assess the impact of exchange rate changes on the trade balance of a country. One of them is to analyse the effects of exchange rate changes on a country's inpayments and outpayments at the bilateral level. One study that did this between Singapore and her 13 largest partners did not find any significant effects of exchange rate changes on Singapore's inpayments from and outpayments to Malaysia, the largest trading partner. Suspecting that such findings could suffer from aggregation bias, we disaggregate the trade flows between the two countries by commodity and investigate the sensitivity of the inpayments of 156 Singapore export industries which engage in 98% of exports to Malaysia, and the outpayments of 133 import industries which conduct 96.7% of imports from Malaysia. Application of the bounds testing approach to each and every industry's model revealed that most industries respond to exchange rate changes in the short run. In the long run, however, only the inpayments of 62 industries and outpayments of 52 industries are affected.
Journal: Int. J. of Public Policy
Pages: 165-205
Issue: 3/4
Volume: 14
Year: 2018
Keywords: inpayments; outpayments; Singapore; Malaysia; commodity trade.
File-URL: http://www.inderscience.com/link.php?id=91946
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:3/4:p:165-205

Template-Type: ReDIF-Article 1.0
Author-Name: Wouter Thierie
Author-X-Name-First: Wouter
Author-X-Name-Last: Thierie
Author-Name: Lieven De Moor
Author-X-Name-First: Lieven De
Author-X-Name-Last: Moor
Title: Size-dependent features of public-private partnerships: geographical and sectorial differences, deal size and structuring, and transaction costs
Abstract:
The purpose of this paper is to identify and to review the size-dependent features of public-private partnerships (PPP) which precedes the complex exercise of defining the characteristics of small-scale PPPs. Our paper covers deal size variability across countries, sectors and time; relationship between deal size and structuring and financing of PPPs with respect to maturity, payment mechanism, debt ratio and type of bank debt; and important issues of transaction costs.
Journal: Int. J. of Public Policy
Pages: 206-223
Issue: 3/4
Volume: 14
Year: 2018
Keywords: small-scale; public-private partnership; public-private partnerships; PPP; deal size; transaction costs.
File-URL: http://www.inderscience.com/link.php?id=91954
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:3/4:p:206-223

Template-Type: ReDIF-Article 1.0
Author-Name: Kishor Sharma
Author-X-Name-First: Kishor
Author-X-Name-Last: Sharma
Author-Name: Wang Wei
Author-X-Name-First: Wang
Author-X-Name-Last: Wei
Title: Foreign investment policy and changing patterns of Chinese exports: what are the implications?
Abstract:
The aim of this paper is to contribute to the literature on emerging trends in Chinese exports, with a special focus on the role of foreign investment. The structure of Chinese exports has fundamentally changed in the last decade or so, largely due to the involvement of foreign firms in assembly of imported parts and components into final products for re-exports. This phenomenon has attracted several names, including vertical specialisation, outsourcing, intra-product specialisation, global production network and international production sharing. This type of trade now accounts for about one-third of total Chinese exports, which has significant welfare implications as well as implications for public policy, particular for industry assistance and skill upgrading in China..
Journal: Int. J. of Public Policy
Pages: 224-234
Issue: 3/4
Volume: 14
Year: 2018
Keywords: liberalisation; export performance; foreign investment; privatisation; state-owned enterprises; SEO.
File-URL: http://www.inderscience.com/link.php?id=91955
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:3/4:p:224-234

Template-Type: ReDIF-Article 1.0
Author-Name: Doron Lavee
Author-X-Name-First: Doron
Author-X-Name-Last: Lavee
Author-Name: Yehudith Kahn
Author-X-Name-First: Yehudith
Author-X-Name-Last: Kahn
Author-Name: Yoav Fisher
Author-X-Name-First: Yoav
Author-X-Name-Last: Fisher
Title: Benefits of social impact bonds in reducing unemployment levels among ultra-Orthodox Jews in Israel
Abstract:
A social impact bond (SIB) is an innovative financial tool designed to resolve the lack of efficiency of public financing of social services and create additional sources of funding for various social projects. The purpose of this study is to examine the use of SIBs for the encouragement of ultra-orthodox employment and evaluate their economic return to the Israeli Government. First, the expected impacts of training ultra-Orthodox men for employment in the high-tech sector of the local labour market are evaluated. Second, economic profitability is measured as expected cost savings for the Israeli Government.
Journal: Int. J. of Public Policy
Pages: 235-257
Issue: 3/4
Volume: 14
Year: 2018
Keywords: pay for success; high-tech sector; labour participation rate; social impact bonds; SIBs; ultra-Orthodox; unemployment; Israel.
File-URL: http://www.inderscience.com/link.php?id=91956
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:3/4:p:235-257

Template-Type: ReDIF-Article 1.0
Author-Name: Haci Duru
Author-X-Name-First: Haci
Author-X-Name-Last: Duru
Author-Name: Erlan Bakiev
Author-X-Name-First: Erlan
Author-X-Name-Last: Bakiev
Title: Examining terrorism threat and police performance
Abstract:
The purpose of this paper is to examine the relationship between terrorism threat and police performance. Hierarchical multivariate linear modelling technique is used in this study. The units of analyses were provinces of Turkey (at level two) and years (at level one). The relationship between terrorism threat (operationalised as ideological incidents reported to the police) and police performance (operationalised as crime clearance rate) is assessed. Socio-economic development, population size, and the size of minority population are controlled. This paper concludes that there is a significant relationship between terrorism threat and police performance within the provinces of Turkey. However, this relationship is contextualised by the size of the minority population within the provinces. More specifically, as the size of the minority population increases, the negative effect of terrorism threat on police performance strengthens. Police performance is operationalised as crime clearance rates. Moreover, only the more serious crimes are included in the calculation of crime clearance rates. Other operationalisations of police performance might yield different results. The level of terrorism threat needs to be considered while assessing police performance.
Journal: Int. J. of Public Policy
Pages: 258-274
Issue: 3/4
Volume: 14
Year: 2018
Keywords: terrorism threat; police performance; crime clearance rate; public policy; Turkey.
File-URL: http://www.inderscience.com/link.php?id=91957
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:3/4:p:258-274

Template-Type: ReDIF-Article 1.0
Author-Name: Kjell Hausken
Author-X-Name-First: Kjell
Author-X-Name-Last: Hausken
Author-Name: Mthuli Ncube
Author-X-Name-First: Mthuli
Author-X-Name-Last: Ncube
Title: Policy makers, the international community and people living with HIV/AIDS: the need for new commitment mechanisms
Abstract:
To determine the optimal allocation of responsibilities in disease interventions, and in designing commitment mechanisms, the paper develops a five-period game comprising policy makers, the international community providing financial aid, and nature as expressed by the population. When the international community provides funds, the policy maker free rides by not funding additionally. We determine which factors impact how the policy maker allocates funding between disease prevention and treatment. If the policy maker provides funds substantially, the international community free rides by funding less. We quantify how more allocation of funds by the policy maker to disease prevention causes lower disease contraction probability and higher probability that a person remains sick or dies, and how the international community's funding impacts these two probabilities. We derive seven assertions from the properties of the model and test against empirical African data. The results show consistency between the theoretical model and empirical estimates.
Journal: Int. J. of Public Policy
Pages: 275-301
Issue: 3/4
Volume: 14
Year: 2018
Keywords: disease; policy; game; strategy; funding; prevention; treatment; recovery; death; resource allocation; free riding; risky behaviour; HIV/AIDS; international community; Africa.
File-URL: http://www.inderscience.com/link.php?id=91958
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:3/4:p:275-301

Template-Type: ReDIF-Article 1.0
Author-Name:  Alwi
Author-X-Name-First: 
Author-X-Name-Last: Alwi
Author-Name: Rulinawaty Kasmad
Author-X-Name-First: Rulinawaty
Author-X-Name-Last: Kasmad
Title: Local collaborative network: is it smart implementer of the cocoa business development policy in Indonesia?
Abstract:
The main objective of this research is to develop capability of local collaborative network in the implementation of cocoa business development policy in Indonesia. The results of pairing patterns and time series techniques showed that the farmer groups as local collaborative network was unable to carry out the policy effectively. This is due to the fact that the government as initiator did not facilitate them to design operational programs that can increase cocoa productivity. Then, their commitment to the program of Gernas Kakao (Cocoa National Movement) was very low. Therefore, local collaborative network as a place for the all stakeholders in the cocoa business development requires coordination mechanism and commitment among them to design and implement the operational programmes of the Gernas Kakao.
Journal: Int. J. of Public Policy
Pages: 374-390
Issue: 5/6
Volume: 14
Year: 2018
Keywords: local collaborative network; collaborative public policy; policy implementation; cocoa business development.
File-URL: http://www.inderscience.com/link.php?id=96640
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:5/6:p:374-390

Template-Type: ReDIF-Article 1.0
Author-Name: Rajiv Yadav
Author-X-Name-First: Rajiv
Author-X-Name-Last: Yadav
Author-Name: Winai Wongsurawat
Author-X-Name-First: Winai
Author-X-Name-Last: Wongsurawat
Title: How regulation revived micro-lending after the Andhra Pradesh crisis
Abstract:
This paper provides a chronicle of a major disaster in the Indian microfinance sector, the Andhra Pradesh crisis of 2010, and attempts to derive some important lessons. The key research question is: What were the underlying vulnerabilities prior to the crisis and how did regulation help moderate these weaknesses? Following a case study approach, events before, during and after the crisis are recounted. Industry data coupled with practitioner insight were used to clarify the causes of the crisis and the key regulatory actions taken to help get the microfinance industry back on its feet. A lack of regulatory oversight and political opportunism lead to the tragic events in Andhra Pradesh. Subsequent regulations introduced by the Reserve Bank of India, including caps on the size and number of loans to an individual, and restrictions on loan use resulted in greater outreach by the lenders and better portfolio performances. The successful reforms implemented by the Indian regulators may serve as an example for other countries interested in using microfinance to combat poverty.
Journal: Int. J. of Public Policy
Pages: 360-373
Issue: 5/6
Volume: 14
Year: 2018
Keywords: Andhra Pradesh; micro finance; Reserve Bank of India.
File-URL: http://www.inderscience.com/link.php?id=96644
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:5/6:p:360-373

Template-Type: ReDIF-Article 1.0
Author-Name: Michael Howlett
Author-X-Name-First: Michael
Author-X-Name-Last: Howlett
Author-Name: Richa Shivakoti
Author-X-Name-First: Richa
Author-X-Name-Last: Shivakoti
Title: Improving international policy-making in the absence of treaty regimes: the international forestry, migration and water policy cases
Abstract:
Distinguishing between international regime features and national implementation problems affecting policy effectiveness in many areas of international policy-making is an area of increasing concern to practitioners and academics alike. While many observers have traced problems with existing global governance architectures to deal with contemporary problems to the lack of appropriate treaties at the international level, recent work on regime fragmentation and the interplay between regimes suggests that a lack of a central and integrated international regime may be overcome through improved multi-level governance efforts. Much can be learned in this area from sectoral experiences in areas such as water and forestry as well as non-resource areas such as migration where such strong regimes have failed to develop.
Journal: Int. J. of Public Policy
Pages: 303-319
Issue: 5/6
Volume: 14
Year: 2018
Keywords: international regimes; regime complex; global governance; multi-level governance; forestry; migration; water; public policy.
File-URL: http://www.inderscience.com/link.php?id=96664
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:5/6:p:303-319

Template-Type: ReDIF-Article 1.0
Author-Name: Rauno Rusko
Author-X-Name-First: Rauno
Author-X-Name-Last: Rusko
Title: The European Union's smart specialisation launch and brand slogan management
Abstract:
This article studies the roots and features of smart specialisation in keeping with the perspectives of brand slogan management. By using the smart specialisation concept in its documents, plans, and regional fieldwork, the European Union (EU) is attempting to be perceived as a growth-efficient organisation. This analysis illustrated that smart specialisation is not reserved for the use of the EU only. Rather, the organisation for economic cooperation and development, World Bank, and international monetary fund have also, albeit to a lesser degree, used the same concept, thereby demonstrating the power of smart specialisation as a slogan. Smart specialisation seems to be the slogan at the EU level; however, several regions in the EU have followed the principles of the smart specialisation process and have transformed the slogan into more powerful regional brands. Although it is possible to interpret smart specialisation as a slogan, it is also a process in which the EU is the rule maker and gatekeeper for funding innovations and investments in the region.
Journal: Int. J. of Public Policy
Pages: 320-342
Issue: 5/6
Volume: 14
Year: 2018
Keywords: smart specialisation; European Union; brand slogan management; public sector.
File-URL: http://www.inderscience.com/link.php?id=96665
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:5/6:p:320-342

Template-Type: ReDIF-Article 1.0
Author-Name: Verena Tandrayen-Ragoobur
Author-X-Name-First: Verena
Author-X-Name-Last: Tandrayen-Ragoobur
Author-Name: Harshana Kasseeah
Author-X-Name-First: Harshana
Author-X-Name-Last: Kasseeah
Title: Informal social protection: a case study of a small island economy
Abstract:
The social protection system is well-anchored in the Mauritian economy and is characterised by a generous welfare state. However, there is still a rising need for informal social protection, which are provided through community, religious institutions and non-governmental organisations. The aim of the paper is to analyse the role of non-governmental organisations and religious groups in providing social aid to vulnerable groups in Mauritius. We first undertake focus group discussions with eight cultural and religious institutions and second we use data from a survey carried out with 30 non-governmental organisations (NGOs) to analyse the different social security schemes provided. Our results show that informal social protection is very much present in the Mauritian society and while religious groups in general are more inclined to aid the socially excluded population pertaining to their respective religious belief or community group, while non-governmental organisations tend to help the vulnerable groups in general.
Journal: Int. J. of Public Policy
Pages: 391-407
Issue: 5/6
Volume: 14
Year: 2018
Keywords: informal social protection; social aid; religious groups; Mauritius; small island economy; vulnerable groups; community groups; cultural groups; survey; non-governmental organisations; NGOs.
File-URL: http://www.inderscience.com/link.php?id=96671
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:5/6:p:391-407

Template-Type: ReDIF-Article 1.0
Author-Name: Hiteshkumar Thakkar
Author-X-Name-First: Hiteshkumar
Author-X-Name-Last: Thakkar
Title: Evolution of micro-prudential regulators and macro-prudential regulators in the global financial regulatory system
Abstract:
The <i>global financial integration</i> (GFI) has augmented the international financial flow movement without restructuring <i>global financial regulatory system</i> (GFRS). The goal of the global financial regulatory system is to maintain global level stability. In GFRS, the financial stability board (FSB) is responsible for the <i>macro-prudential regulation</i> and the <i>micro-prudential regulation</i> is monitored by international standard setting bodies (SSBs), international financial institutions (IMF and World Bank) and national financial regulators. These micro-prudential regulation and macro-prudential regulation are non-binding in the legal sense. However, these regulations examine as a standard of efficiency. The member nations are strictly implementing the standards because it provides stringent firewall during the unwanted financial turmoil. It also reflects the strength of the member nation. So, the evolution of micro-prudential regulation and macro-prudential regulation is a continuous process; it has to be evolved and developed as per the dynamic changes in the global financial system.
Journal: Int. J. of Public Policy
Pages: 408-422
Issue: 5/6
Volume: 14
Year: 2018
Keywords: global financial integration; GFI; global financial regulatory system; GFRS; macro-prudential regulation; micro-prudential regulation.
File-URL: http://www.inderscience.com/link.php?id=96672
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:5/6:p:408-422

Template-Type: ReDIF-Article 1.0
Author-Name: Yae Jin Lee
Author-X-Name-First: Yae Jin
Author-X-Name-Last: Lee
Author-Name: Jai S. Mah
Author-X-Name-First: Jai S.
Author-X-Name-Last: Mah
Title: Korea's venture business policy and its implications for developing countries
Abstract:
Recognising the importance of technological growth, the Korean Government has tried to promote venture businesses through financial and tax incentives as well as infrastructure provision. The number of venture businesses increased rapidly during the mid-2010s. Although the number of M%As has grown, that of venture businesses funded mostly from venture capital remains low, which is a challenge to be addressed. The experience of Korea regarding the venture business promotion policy provides policy implications for countries, middle-income developing countries in particular, trying to promote venture businesses. Among others, a government policy that relies heavily on large firms may lead to structural problems. Developing countries that lack institutions promoting venture businesses need to introduce and/or strengthen policy measures and institutions such as venture capital, tax incentives, credit guarantee schemes, angel investment, crowdfunding and M%As for exits.
Journal: Int. J. of Public Policy
Pages: 343-359
Issue: 5/6
Volume: 14
Year: 2018
Keywords: developing countries; Korea; policy; venture business.
File-URL: http://www.inderscience.com/link.php?id=96694
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:5/6:p:343-359

Template-Type: ReDIF-Article 1.0
Author-Name: Gulsan Ara Parvin
Author-X-Name-First: Gulsan Ara
Author-X-Name-Last: Parvin
Author-Name: Rezaur Rahman
Author-X-Name-First: Rezaur
Author-X-Name-Last: Rahman
Author-Name: Kumiko Fujita
Author-X-Name-First: Kumiko
Author-X-Name-Last: Fujita
Author-Name: Rajib Shaw
Author-X-Name-First: Rajib
Author-X-Name-Last: Shaw
Title: Overview of flood management actions and policy planning in Bangladesh
Abstract:
Flood is a critical issue in Bangladesh. Regular flooding affects 20% of the country, increasing in extreme years. Various measures, policy planning and actions have been taken in different time period. Legislation and policy planning are essential for flood management, which should be guided by distinct policy, strategies, legal frameworks, and action planning. A review of legislative and institutional arrangements is required for effective and sustainable flood management. In this research, the evolution of flood management actions and policies is reviewed considering the related environmental and social changes. The approach to flood management is shifting to a more comprehensive risk reduction effort following environmental changes such as climate change. Extreme floods are increasing. The history of extreme flood management is short compared to that of annual flood management. However, extreme floods have significant impacts. Thus, a holistic approach by all stakeholders is encouraged. This review could help to examine how to increase local involvement in flood control and water management projects.
Journal: Int. J. of Public Policy
Pages: 423-443
Issue: 5/6
Volume: 14
Year: 2018
Keywords: Bangladesh; flood; policy; act; climate change; local participation; disaster risk reduction; flood management; legislation; action planning; review.
File-URL: http://www.inderscience.com/link.php?id=96700
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Handle: RePEc:ids:ijpubp:v:14:y:2018:i:5/6:p:423-443