COUNTRY ANALYSIS UNIT FEDERAL RESERVE BANK OF SAN FRANCISCO JANUARY 2010 Microfinance in the Philippines uring the last few years‚ the volume of microfinance activity has grown considerably in the Philippines and an increasing number of financial institutions have engaged in retail microfinance operations. While this sector has been traditionally dominated by rural banks‚ non-governmental organizations (NGOs) and finance cooperatives‚ in 2009 a number of commercial banks sought entrance
Premium Bank Microfinance
The impact of global financial crisis on the United Kingdom Introduction This report will examine the affects of the global financial crisis‚ which was a result of the collapse of the sub-prime mortgage market in the United States‚ on the UK economy. First of all‚ it will look at the background of the global financial crisis. Secondly‚ this paper will analyses why the UK economy has been influenced by the global financial crisis‚ what effects of the financial crisis on the United Kingdom have
Premium
really is. Over one in every five children and adolescents suffers from some kind of mental health disorder (Taras & Young). This is an astounding amount of children who affected by these issues. Given the significant effects these disorders can have on people‚ it is necessary that those with mental health issues receive proper care. However‚ there are an astounding number of children who are not getting the treatment they need. It is reported that out of all children who suffer from mental health issues
Premium Selective serotonin reuptake inhibitor Major depressive disorder Social anxiety disorder
Introduction The Philippines is one of the three countries granted exemption in 1995 from the removal of quantitative restriction (QR) on rice under Annex 5 of the World Trade Organization (WTO) agreement. Japan and South Korea are the other two countries. The exemption will expire on December 31‚ 2004. The primary objective of the paper is to look at the possible poverty and distributional effects of the removal of the QR and the reduction in tariffs on rice imports. In particular‚ the paper attempts
Premium Management Learning German language
The Great Depression‚ which had an effect on economies on a global scale‚ was on of the catalysts to the start of World War II. With many countries struggling‚ Hitler managed to rise to power partially from his claims of the ability to change Germany into a great military and economic power. Across the ocean though‚ America was still mired down in the economic slump. President Roosevelt had enacted his New Deal economics and America seemed to be fighting back out of the depression‚ but it couldn’t
Premium World War II United States Great Depression
CRISIS AND CRISIS MANAGEMENT The study of crisis and crisis management is a very vibrant field within public relations. There is a strong imperative for understanding crises and crisis management. All organizations should realize they are vulnerable to crises so they must prepare for the eventuality. Once management realizes crises are possible‚ it must grapple with what a crisis is and what constitutes crisis management. A crisis can be defined as "an unpredictable‚ major threat that can have
Free Crisis management
The Great Depression was a long-wide spread global economic decline that affected millions of lives. Former president‚ Franklin D. Roosevelt (FDR)‚ made it his mission to do everything he could to mend what the Great Depression damaged. FDR created the New Deal in hopes that it would have a great effect on America‚ the New Deal was a series of programs that were government regulated in order to boost the economy. I believe that the New Deal was a positive thing to come out of the depression. There
Premium
Philippine Management Review 2006‚ Vol. 13‚ pp. 1-20. INDUSTRY REPORT: THE PROBLEM OF SUSTAINABLE COMPETITIVE ADVANTAGE IN PHILIPPINE CALL CENTERS Aileen S. Alava* Facing high expectations as the newest “sunshine industry”‚ the call center industry in the Philippines appears to have dimmer prospects in the coming years. Having experienced rapid growth from 2000 to 2003‚ the industry experienced a slowdown in growth from 2004 to 2006‚ raising the question of how sustainable the country’s competitive
Premium Outsourcing
Roosevelt’s New Deal The New Deal programs started during the Great Depression era‚ it began to help an almost hopeless nation recover. It’s believed that 80% to 90% of people were unemployed‚ by the time something was done about the economy during the Great. Depression. The programs offered in the deal helped to stabilize the economy‚ while creating new jobs. The United States was in a state of emergency basically‚ based on how things were going. In the short-term that Roosevelt was president
Premium New Deal Great Depression Franklin D. Roosevelt
October 21‚ 2008 THE GLOBAL FINANCIAL CRISIS: CAN ISLAMIC FINANCE HELP MINIMIZE THE SEVERITY AND FREQUENCY OF SUCH A CRISIS IN THE FUTURE? by M. Umer Chapra* (A paper prepared for presentation at the Forum on the Global Financial Crisis to be held at the Islamic Development Bank on 25 October 2008) ___________________ * The author is Research Adviser at the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IDB). This paper is a revised and updated version
Premium United States public debt Subprime mortgage crisis Debt