198 research outputs found
The implications of foreign aid fungibility for development assistance
Full text linkA foreign aid or foreign lending policy that focuses exclusively on project financing may have unintended consequences, report the authors. New research shows that aid intended for crucial social and economic sectors often merely substitutes for spending that recipient governments would have undertaken anyway and the funds that are thereby freed up are spent for other purposes. If the aid funds something that would have been done anyway, traditional ways of evaluating the aid's effectiveness are not really accurate. Ifaid funds are fungible and the recipient's public spending program is unsatisfactory, project lending may not be cost-effective. If the recipient's public spending program is satisfactory, perhaps the donor should finance a portion of it instead of financing individual projects. One solution to the problem of fungibility, then, is that donors could tie assistance to an overall public spending program (in the recipient country) that provides adequate resources to crucial sectors. To make this kind of reform operational, the authors propose a new lending instrument: a public expenditure reform loan (PERL). A PERL would tie an institution's lending strategy to the recipient country's achievement of mutually agreed-upon development goals. Everyone agrees that better donor coordination is needed, but it has been difficult to achieve because some donors tend to prefer projects (usually with the national flag flying over them). By agreeing on a public expenditure program and financing a portion of it, the World Bank credibly ask other donors to do the same.Payment Systems&Infrastructure,Development Economics&Aid Effectiveness,Gender and Development,Decentralization,Economic Adjustment and Lending,Development Economics&Aid Effectiveness,Poverty Assessment,National Governance,Economic Adjustment and Lending,Public Sector Economics&Finance
The public sector in the Caribbean : issues and reform options
Full text linkThe public sector's performance in the Caribbean varies, in reducing poverty and in creating an enabling environment for growth. Barbados and the Bahamas have been the high performers, Guyana and the Dominican Republic have been sluggish, and the other Caribbean countries fall in between. In the Caribbean region, the public sector is now the predominant provider of tertiary education and health services (university education and hospital-based curative care), which mainly benefit the nonpoor. Attempts must be made to recover costs from high-income users and use that revenue to improve the quality and quantity (as appropriate) of basic services. Lessons from experience suggest that most Caribbean countries need to encourage the private sector to participate more in providing infrastructure and need to provide a better regulatory framework. The good news: this is already taking place in many countries.Health Monitoring&Evaluation,Public Health Promotion,Public Sector Economics&Finance,Decentralization,Environmental Economics&Policies,Public Sector Economics&Finance,Health Monitoring&Evaluation,Poverty Assessment,National Governance,Inequality
Foreign aid's impact on public spending
Full text linkUsing a model of aid fungibility, the authors examine the relationship between foreign aid and public spending. Based on a panel of cross-country and time-series data, their results show that roughly 75 cents of every dollar given in net development assistance goes to current spending and 25 cents to capital spending in the recipient countries. But concessionary loans - a component of development assistance - stimulate far more government spending. Their results also show that aid increases both public and private investment. To test aid fungibility across both public spending categories, they use a newly constructed data series on the net disbursement of concessionary loans. They find that concessionary loans given to the transport and communication sector are fully nonfungible. But loans to the energy sector are converted into fungible monies and part of the funds leak into transport and communications. Loans to agriculture and education are also fungible. There is no evidence of concessionary funds being diverted for military purposes. Their results show that total public spending in the health sector has no impact on reducing infant mortality, but concessionary loans to the health sector do. This finding leads the authors to conclude that linking foreign aid to an agreed-upon public spending program in areas critical to development might be an effective way to transfer resources to developing countries.Decentralization,Gender and Development,Development Economics&Aid Effectiveness,Public Sector Economics&Finance,Economic Theory&Research,Inequality,Development Economics&Aid Effectiveness,Public Sector Economics&Finance,National Governance,Economic Stabilization
Apana Swaroop
No full textWe normally function through the mind without knowing the mechanics of understanding. This book teaches us how to make thoughts and how to control once mind, so that we can live peaceful life and achieve the highest goal of life, i.e. self-realization. Book also deals with the fundamentals of life and spirituality. Book has written in a simple language so that most of the peoples will understand the real essence of the life. The author has discussed about the complex messages of the Vedanta, in a thoughtful manner. The author discusses about Jiva, Jagat, Ishvara and Spiritual life in his book by referencing verses from the Bhagwat Gita, Vedanta and Shrimad Bhagwat Mahapuran in very simple language. The purpose of writing this book is to understand our intrinsic nature. Book is so enriched with the wisdom that everyone should read it at least once
Apana Swaroop
No full textWe normally function through the mind without knowing the mechanics of understanding. This book teaches us how to make thoughts and how to control once mind, so that we can live peaceful life and achieve the highest goal of life, i.e. self-realization. Book also deals with the fundamentals of life and spirituality. Book has written in a simple language so that most of the peoples will understand the real essence of the life. The author has discussed about the complex messages of the Vedanta, in a thoughtful manner. The author discusses about Jiva, Jagat, Ishvara and Spiritual life in his book by referencing verses from the Bhagwat Gita, Vedanta and Shrimad Bhagwat Mahapuran in very simple language. The purpose of writing this book is to understand our intrinsic nature. Book is so enriched with the wisdom that everyone should read it at least once
Public spending and outcomes : does governance matter?
Full text linkThe authors examine the role of governance-measured by level of corruption and quality of bureaucracy-and ask how it affects the relationship between public spending and outcomes. Their main innovation is to see if differences in efficacy of public spending can be explained by quality of governance. The authors find that public health spending lowers child and infantmortality rates in countries with good governance. The results also indicate that as countries improve their governance, public spending on primary education becomes effective in increasing primary education attainment. These findings have important implications for enhancing the development effectiveness of public spending. The lessons are particularly relevant for developing countries, where public spending on education and health is relatively low, and the state of governance is often poor.Health Systems Development&Reform,Public Health Promotion,Public Sector Economics&Finance,Decentralization,Health Monitoring&Evaluation,Health Economics&Finance,National Governance,Governance Indicators,Health Monitoring&Evaluation,Public Sector Economics&Finance
Retinitis Pigmentosa GTPase Regulator (RPGR) protein isoforms in mammalian retina:insights into X-linked Retinitis Pigmentosa and associated ciliopathies
Full text linkMutations in the cilia-centrosomal protein Retinitis Pigmentosa GTPase Regulator (RPGR) are a frequent cause of retinal degeneration. The RPGR gene undergoes complex alternative splicing and encodes multiple protein isoforms. To elucidate the function of major RPGR isoforms (RPGR 1-19 and RPGR ORF15), we have generated isoform-specific antibodies and examined their expression and localization in the retina. Using sucrose-gradient centrifugation, immunofluorescence and co-immunoprecipitation methods, we show that RPGR isoforms localize to distinct sub-cellular compartments in mammalian photoreceptors and associate with a number of cilia-centrosomal proteins. The RCC1-like domain of RPGR, which is present in all major RPGR isoforms, is sufficient to target it to the cilia and centrosomes in cultured cells. Our findings indicate that multiple isotypes of RPGR may perform overlapping yet somewhat distinct transport-related functions in photoreceptors
Boondoogles and expropriation : rent-sseking and policy distortion when property rights are insecure
Full text linkMost analyses of property rights and economic development point to the negative influence of insecure property rights on private investment. The authors focus instead on the largely unexamined effects of insecure property rights on government policy choices. They identify one significant anomaly-dramatically higher public investment in countries with insecure property rights-and use it to make the following broad claims about insecure property rights; 1) They increase rent-seeking. 2) They may reduce the incentives of governments to use tax revenues for productive purposes, such as public investment. 3) They do so whether one regards the principal problem of insecure property rights as the maintenance of law and order, which government spending can potentially remedy, or as the threat of expropriation by government itself, and therefore not remediable by government spending. The authors present substantial empirical evidence to support these claims.Environmental Economics&Policies,International Terrorism&Counterterrorism,Labor Policies,Economic Theory&Research,Payment Systems&Infrastructure,Environmental Economics&Policies,Economic Theory&Research,National Governance,Public Sector Economics&Finance,Land and Real Estate Development
Tailoring of Intrinsic Physicochemical Properties of Nanoparticles for Antimicrobial Therapy
No full textThe global issue of antibiotic resistance has raised various concerns, and there is an urge for the discovery and development of novel antibiotics to control the infection pandemics. The application of nanoparticles in terms of biomedicine has gained significant attention since past two decades. The development of engineered nanomaterial has given an avenue to target the pathogenic microorganism with an enhanced efficacy of bacterial killing. There are various schools of thoughts with regards to mechanism of nanoparticle’s antibacterial activities such as production of reactive oxygen species, disruption of cell membrane, enhancing deoxyribonucleic acid damage, or the combination of all of the above. The physicochemical properties (size, shape, surface properties, solubility, etc.) of nanoparticles have a big impact on generating the biological responses from the bacterial cells. Tuning the physicochemical properties can significantly change mode of action of nanoparticles within a biological system. Therefore, it is important to understand the impact of physicochemical properties of nanoparticles to make an effective use of these nanoparticles for the antimicrobial actions. The scope of this chapter is to highlight the efficacy of nanoparticles as antibacterial agents as compare to the conventional antimicrobial therapy. This chapter will highlight various physicochemical properties, namely, size, shape, surface properties and solubility, and its role in tailoring antibacterial action
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