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Capability and cost assessment of the major forest nations to measure and monitor their forest carbon

Description: According to the Executive Summary, the aims and objective of this report are to provide an assessment of national capacity and capability in 25 tropical countries for measuring and monitoring forest as a requirement for reporting on REDD under IPCC guidelines. This paper was commissioned by the United Kingdom Office of Climate Change as background work to its report 'Climate Change: Financing Global Forests' (the Eliasch Review).
Date: April 7, 2008
Creator: Harcastle, P. D.; Baird, David & Harden, Virginia
Item Type: Text

The Effects of Stock Delistings on Firm Value, Risk, Market Liquidity and Market Integration: With Evidence on Wealth Effects from the Stock Exchanges of Malaysia and Singapore, Using GARCH

Description: This study examines the effects of delisting on firm value, risk and market liquidity. In a world where markets are becoming increasingly integrated, delistings may prove counter productive. We use the unique event, free from company specifics, that occurred on January 2, 1990 in the stock exchanges of Singapore and Malaysia to test for the above effects. On that day, dual listed companies were required to delist from the foreign stock exchange. We also use this event to test if the Singapore and Malaysia markets are globally integrated. Since financial data is found to show persistence in volatility, we model the return generating process in a generalized autoregressive conditionally heteroskedastic (GARCH) framework that takes into consideration changing volatility. For comparison purposes, OLS and Time-Deformation models are included. The study found delistings to decrease firm value, the size of which is related to how actively the stocks were previously traded on the foreign stock exchange. Risk levels increased following delistings. Nevertheless, thinly traded stocks showed significant changes in neither firm value nor riskiness. Further evidence of new listings to increase firm value was noted. Consistent with the political motive hypothesis, delisted stocks showed an increase in post-event volume, but however, lost relative liquidity compared with other stocks. While all portfolios considered show evidence for existence of conditional heteroskedasticity, comparison with standard OLS event-study results yields similar conclusions, although the return generating models with GARCH errors result in lower abnormal return variances. As for the time-deformation model, trading volume was found to be a good proxy for rate of information flow only for smaller capitalized stocks. Correlation and regression analyses showed that the Singapore and Malaysia markets are integrated to some degree with the international markets, such that a major delistings event between both markets did not change the pricing of risk ...
Date: May 1996
Creator: Meera, Ahamed Kameel

Military Spending, External Dependence, and Economic Growth in Seven Asian Nations: a Cross-National Time-Series Analysis

Description: The theme of this study is that seven major East Asian less developed countries (LDCs) have experienced "dependent development," and that some internal and external intervening factors mattered in that process. Utilizing a framework of "dependent development," the data analysis deals with the political economy of development in these countries. This analysis supports the fundamental arguments of the dependent development perspective, which emphasize positive effects of foreign capital dependence in domestic capital formation and industrialization in East Asian LDCs. This perspective assumes the active role of the state, and it is found here to be crucial in capital accumulation and in economic growth. This cross-national time-series analysis also shows that the effects of external dependence and military spending on capital accumulation and economic growth can be considered as a regional phenomenon. The dependent development perspective offers a useful way to understand economic dynamism of East Asian LDCs for the past two decades.
Date: May 1992
Creator: Ko, Sung-youn

The Reenchantment of Death: Near-Death, Death Awareness, and the New Age

Description: Article discussing a contextual question regarding the receptivity of the near-death phenomenon. This question concerns the social conditions that have popularized the discourse of the near-death experience. These conditions can be identified as the reenchantment of the world within the context of the New Age, the emergence of death awareness in a rapidly aging population, and the renewal of faith within the context of religious revivalism.
Date: Winter 2003
Creator: Lee, Raymond L. M.
Item Type: Article

The Relationship of Chinese Malaysian Maternal Child Rearing Practices and Preschool Children's Empathy

Description: The purpose of the study was to examine the relationship between Malaysian maternal child-rearing practices and preschool children's empathic behavior. This study additionally investigated the relationship between socioeconomic status (SES) and child-rearing practices, as well as explored whether gender differences exist in preschool children's empathy.
Date: December 1994
Creator: Lee, Yit-Fong

Renewables 2010: Global Status Report

Description: This report describes economic trends in building the capacity of renewable energy in several countries.
Date: 2010
Creator: Renewable Energy Policy Network for the 21st Century
Item Type: Text

Winds of Change: East Asia's Sustainable Energy Future

Description: This report outlines the strategic direction of the energy sector to meet its growing energy demand in an environmentally-sustainable manner over the next two decades, and presents a pathway of policy frameworks and financing mechanisms to get there. This study found that large-scale deployment of energy efficiency and low-carbon technologies can simultaneously stabilize East Asia’s CO2 emissions by 2025 and significantly improve the local environment and enhance energy security, without compromising economic growth.
Date: May 2010
Creator: World Bank
Item Type: Text