While it is no secret that bondholders like loan sharks will extract what they can…
Sub-Federal Governance and Global Harmonisation of Policies Murali Kallummal and Smitha Francis
Providing an overview of the trends towards global harmonisation of economic policies, this paper argues that the challenges faced by developing countries in addressing their local developmental concerns call for sub-federal governance structures and strategic re-engineering of federal finances.
Global_Harmonisation (Download the full text in PDF format)