976 research outputs found
Do rules control power? GATT articles and arrangements in the Uruguay Round
No full textMany complain and offer evidence that in recent years the GATT system has become more power-oriented, less stable, and less equitable. A concern to reverse this drift was one of the motives that brought the international community to agree to undertake the Uruguay Round. Rules control power, assumed the signers of the Punte del Este declaration, therefore elaborating and extending GATT rules would move the international community toward a fairer, more stable international trading system. Finger and Dhar contend that the opposite is true. Particularly in the 1980s, the elaboration and application of GATT rules has been an exercise in the application of economic and political power, not in its control. GATT rules, in theory, are there to limit national trade restrictions. Finger and Dhar contend that in fact things work the other way around: national practice comes first, and determines what the GATT rules mean. GATT's rules do not put limits on national practices, but provide international santion for these practices. Such rules are not part of the thereforelution but are part of the problem. Theirs is a situation-specific argument, say Finger and Dhar, not a generic one. Their target is not"rules", nor is it"GATT". Rather, it is the GATT rules.Rules of Origin,TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT,Common Carriers Industry,Transport and Trade Logistics,Trade Policy
Market access advances and retreats : the Uruguay Round and beyond
No full textIn the Uruguay Round negotiations, trade distorting agricultural policies were taken up substantively for the first time in any round of multi-lateral trade negotiations. Voluntary export restraints outside the Multifibre Arrangement (MFA) were in fact eliminated. Developing countries became equal partners with developed countries. Their tariff cuts covered as large a share of imports as those of the developed countries and were deeper. Because developing country tariffs were higher to start with, their cuts will save importers more (perdollar of imports covered) than will cuts by developed countries. Tariff bindings for most developing countries, although often above applied rates, were extended to 90 percent or more of imports. Few countries agreed to give foreigners unlimited market access in services, or full national treatment in more than a few service activities. But developed countries agreed to some liberalization of cross-border provision for 70 percent of service activities (compared with 25 percent in developing countries). Less positively, although trade restrictions on agricultural products were converted to tariffs, border protection was reduced less on agricultural than on industrial products, and there was little agreement on reducing trade-affecting subsidies. The textiles and clothing agreement binds developed countries to eliminate all MFA-sanctioned restriction but allows them to largely put off doing so until 2005. Concessions to which developing countries agreed are due now. Reciprocal concessions of particular interest are due in the future (elimination of the MFA) or yet to be negotiated (liberalization of agricultural trade). Also disquieting, since the Uruguay Round, developing countries have undertaken anti-dumping cases at a rate (per dollar of imports) three times higher than that for the United States--mostly against other developing countries.Economic Theory&Research,Rules of Origin,Export Competitiveness,Environmental Economics&Policies,Globalization and Financial Integration,TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT,Environmental Economics&Policies,Rules of Origin,Export Competitiveness,World Trade Organization
Economists, institutions, and trade restrictions : a review article
No full textA review article on the work of"practitioners of contemporary economic analysis of trade restrictions", this report focuses on three questions : a) are there holes in the case of free trade? B) Why are trade restrictions imposed, and c) how do US policy actions and those of other nations interact ? On the first question, though difficult to identify when there is profit to be captured by trade intervention and to design an appropriate trade intervention policy, capturing a strategic sector and economic rents is important to equity holders without necessarily being of much significance to the economy as a whole. Further, on trade restrictions, these are often aimed at non economic objectives, since economic sanctions tend to be used only when other instruments fail. As for the interaction of US policy actions versus other nations, they are a manifestation of protectionist legislation in the US Congress and perhaps indictments against GATT as wrong headed.TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT,Environmental Economics&Policies,Economic Theory&Research,Rules of Origin,Trade Policy
Postal services in the digital age
No full textIn recent years, the postal sector has undergone radical changes, which have primarily been driven by operational and technological developments. Not only has the advent of Information and Communication Technology (ICT) added competition to the market, but it has also provided ample opportunity for the broadening and improvement of services and product range. This book deals with the challenges faced by the postal sector in the digital age, and with the vast opportunities that technological advancements offer postal operators with regard to developing new business solutions and services tailored to the needs of their customers. It provides an analysis of these opportunities and identifies the ways in which postal operators might benefit from the digital age and new market requirements. The book is divided into three main parts: various digital dimensions; e-commerce challenges; and opportunities for partnership with governments. A final chapter discusses the developments described in the book and the views and ideas of the authors. The book will be of interest to all those responsible for developing and running postal services, as well as to anyone affected by the changes which have already taken place or the possibilities opening up for new and improved services.-- Editors and Contributors
-- Foreword, Bishar Abdirahman Hussein
-- Preface, Matthias Finger, Bernhard Bukovc and Muqbil Burhan
-- Introduction: Postal Services in the Digital Age, Matthias Finger
-- Section I. The Digital Dimensions
-- Character of Substitution and Its Significance for Letter Demand: The Finnish Case, Heikki Nikali
-- The Journey of Postal Operators into Digital Services Using the Concept of Business Models, Nandkumar Kollara
-- How to Become a Best-Run Postal Service Organization, Michaela Hohlwein and Hans G. Landgraf
-- The Digital Postal Network at the Heart of Service Innovation, Paul Donohoe
-- Section II. The e-Commerce Challenge
-- Postal Organisations in the Face of eCommerce: Part of the Steamroller or Part of the Road?, Richard Umbers
-- Postal Service Innovation: New Value Propositions to Enable International e-Commerce, Farah Abdallah
-- The New and Shifting Paradigm, e-Commerce and Its Future Impact, David Spottiswood
-- Section III. Partnering with Governments
-- Swiss Post and Public Administration: From Physical to Digital, Denis Morel
-- Postal Operators as Viable e-Government Partners: A Case Study of Three Major Postal Operators, Muqbil Burhan
-- Section IV. Thinking Ahead
-- Evolved: The New Systems of the World, David Williams
-- Intellectual Property Rights and the Future of Universal Service Obligations in Communications, Christian Jaag
-- Connectors and Solution Providers – Postal Services in the Digital Age, Bernhard Bukovc
-- Subject Index
-- Author Inde
Principles of regulatory policy design
No full textThe author contrasts command-and-control regulation (tight control of water purification, for example) with more flexible forms, including incentive regulation (such as price cap regulation), potential regulation (providing for closer scrutiny if enough customers complain), and reactive rather than proactive policies (the firm proposing actions, the regulatory saying yes or no). He contrasts informing regulation (for example, requiring that consumers be informed about ingredients in a product) and enforcing regulation (for example, prohibiting the use of certain chemicals in foods). A country's institutional structure can limit the regulators'potential for commitment, he says -- especially if regulators are limited in their ability to deliver rewards or penalties. The scope and function of regulation may also be fairly limited when technological conditions allow competition to discipline producers. Sophisticated buyers with economic power may reduce the need for regulatory control, and rapid technological change can render comprehensive command-and-control regulation ineffective or debilitating. Many forces operate simultaneously, making regulatory design a complex undertaking. Inertia is one such influence. Regulatory policies that once served an important purpose sometimes persist even though they no longer serve that purpose -- sometimes because they favor a constituency that convinces the regulator to keep the control in place. Subsidies and tariff protection often continue long past the time needed to promote the development of an infant industry, for example. When there is limited public outcry against continuing the special treatment, and the affected firms strongly urge its continuance, the regulator may be convinced to continue special treatment that no longer serves the public interest. Regulation may also be affected by the regulators'personal ambition. When regulators are"captured"by regulated firms -- diverted from the goal of protecting consumers through the promise of personal rewards for favorable treatment of the firms -- regulation may not serve society's best interest. Even if regulators are not motivated by self-interest, their ideas of what is best for society may differ from those of other government officials or of society at large. When that happens, which goals are pursued depends largely on the autonomy regulators that are granted and on the balance of power among government bodies.Regulation should be viewed in this large context to be understood fully.Administrative&Regulatory Law,Environmental Economics&Policies,National Governance,Economic Theory&Research,Insurance&Risk Mitigation
Sectoral allocation by gender of Latin American workers over the liberalization period of the 1990s
No full textThe recent restructuring of Latin American economies has renewed interest in the effects of trade liberalization, on labor markets, and on the gender division of labor. The author does not attempt to establish casuality between economic reforms, and the types of jobs that men and women hold. Instead, she provides a detailed description of the trends in male, and female formal, and informal sector participation during the economic reform period in Argentina, Brazil, and Costa Rica. The author first compares the gender composition of the formal, informal wage, and self-employment sectors in a year before reforms (1988 for Argentina, 1989 for Brazil, and Costa Rica), and a year after reforms implementation (1997 for Argentina, 1995 for Brazil and Costa Rica). Although women continued to be more likely than men to work in the informal wage sector, there is no trend of"masculinization"or"feminization"of the informal sector, or any other. Instead, in Argentina men have overtaken women as the most prevalent workers in the informal wage sector, while in Brazil, the opposite has occurred (as men move into self-employment). In Costa Rica there have been no statistical, observable changes. The author then considers the distribution across sectors within each gender group, to identify whether men, and women are more likely to select different sectors in the post-reform period relative to the pre-reform period. Among both men, and women in all three countries (except Brazilian men), workers have become more likely to hold informal wage jobs, and less likely to hold formal sector jobs. Trends in human capital accumulation explain these changes for both men, and women, while changes in gender roles, primarily in homecare and marriage, do not seem to have an effect.Health Monitoring&Evaluation,Labor Policies,Population&Development,Public Health Promotion,Environmental Economics&Policies,Health Monitoring&Evaluation,Environmental Economics&Policies,Population&Development,Banks&Banking Reform,Work&Working Conditions
Breadwinner or caregiver? - how household role affectslabor choices in Mexico
No full textRecent volatility in the Mexican economy, has required households to alter patterns of participation in the labor force, voluntarily or not. The author uses panel data to examine patterns of labor force entry among adult men, and women with different household responsibilities, asking whether gender is a primary determinant, shaping these patterns. She finds that labor supply patterns are driven more by household role, than by gender. Heads of households, regardless of sex, behave similarly. Women who have neither spouses, nor children behave more like men, than like married women. They are also more likely than any other group to have inflexible, higher-paying jobs in the formal sector - which raises the question: Do employers discriminate, based on gender, or on household structure? She also detects a strong added-worker effect among secondary workers, a result not detected in the labor markets of developed countries that have social insurance programs. Finally she finds that wives'choice of sector during downturns, is subject to the households'earning needs, that husbands use informal wage, or contract employment as an employer of last resort, only in response to negative income shocks to the household, and that single mothers do not select the informal sector over the formal sector in response to either expected, or realized negative income shocks. The policy implications? Interventions that target women aren't necessarily appropriate, because women are heterogeneous. And programs that aid household heads - male or female - should be directed toward employment that will last beyond the economic shock.Environmental Economics&Policies,Labor Markets,Educational Policy and Planning,Labor Policies,Health Economics&Finance,Environmental Economics&Policies,Health Economics&Finance,Labor Markets,Educational Policy and Planning,Health Monitoring&Evaluation
Collateral ligament laxity of the finger metacarpophalangeal joints: an in vivo study.
No full textPURPOSE: To assess the normal degree of laxity of the collateral ligaments (CLs) of the finger metacarpophalangeal (MCP) joints and to compare side-to-side differences in CL laxity.
METHODS: One hundred subjects had measurements of the degree of laxity in the radial (RCL) and ulnar (UCL) collateral ligaments of the MCP joints of each digit on both hands with the joints at neutral and at 30° and 90° of flexion using a custom-made measuring device. Statistical analysis was performed to assess both the difference in laxity for each ligament at each position of flexion and between sides for analogous ligaments (eg, the right index RCL at neutral compared to the left index RCL at neutral).
RESULTS: There was a significant decrease in laxity for all ligaments between neutral (mean, 24° laxity) and 90° of flexion (mean, 15° laxity). There was a side-to-side difference between the RCL of all digits in extension (mean, 3°) and the index RCL in flexion (2°). These differences were statistically significant but clinically minimal. There were no side-to-side differences between any of the other ligaments at any position.
CONCLUSIONS: Finger MCP joint CL stability increases with increasing flexion of the joint. There is little to no difference between analogous ligaments on either hand of the subject when tested in the same position of MCP joint flexion. Knowledge of the average degree of MCP joint CL laxity can be helpful in assessing a potentially injured joint. A patient\u27s contralateral, uninjured side can be used to determine that individual\u27s normal laxity and a substantial increase from this on an injured digit can indicate CL rupture.
TYPE OF STUDY/LEVEL OF EVIDENCE: Diagnostic II
Collateral ligament laxity of the finger metacarpophalangeal joints: an in vivo study.
No full textPURPOSE: To assess the normal degree of laxity of the collateral ligaments (CLs) of the finger metacarpophalangeal (MCP) joints and to compare side-to-side differences in CL laxity.
METHODS: One hundred subjects had measurements of the degree of laxity in the radial (RCL) and ulnar (UCL) collateral ligaments of the MCP joints of each digit on both hands with the joints at neutral and at 30° and 90° of flexion using a custom-made measuring device. Statistical analysis was performed to assess both the difference in laxity for each ligament at each position of flexion and between sides for analogous ligaments (eg, the right index RCL at neutral compared to the left index RCL at neutral).
RESULTS: There was a significant decrease in laxity for all ligaments between neutral (mean, 24° laxity) and 90° of flexion (mean, 15° laxity). There was a side-to-side difference between the RCL of all digits in extension (mean, 3°) and the index RCL in flexion (2°). These differences were statistically significant but clinically minimal. There were no side-to-side differences between any of the other ligaments at any position.
CONCLUSIONS: Finger MCP joint CL stability increases with increasing flexion of the joint. There is little to no difference between analogous ligaments on either hand of the subject when tested in the same position of MCP joint flexion. Knowledge of the average degree of MCP joint CL laxity can be helpful in assessing a potentially injured joint. A patient\u27s contralateral, uninjured side can be used to determine that individual\u27s normal laxity and a substantial increase from this on an injured digit can indicate CL rupture.
TYPE OF STUDY/LEVEL OF EVIDENCE: Diagnostic II
Eastern Europe's experience with banking reform : is there a role for banks in the transition?
No full textAre there lessons to be learned about how Eastern European countries have dealt with problems in their banking systems? What role have these countries assigned to banks during the transition? How have they used banks in dealing with the enterprise problem? The author addresses these questions by analyzing experience in Bulgaria, Hungary, Poland, Romania, and the former Czech and Slovak Federal Republic. Most of these countries have made substantial progress in restructuring their banking systems, but few have used their banking systems to improve the allocation of credit and hence stimulate the supply response. The author finds the following. The problem is not whether banks hold nonperforming loans but how banks can avoid accumulating more nonperforming loans. The underlying problem is how to close loss-making and nonviable enterprises. The countries that have encouraged the establishment of new private banks, that have introduced regulation and supervision, and that have tried to make banks more competitive have been more successful at improving the allocation of credit and achieving more control over loss-making enterprises. Banks must focus on assessing risk - and for this, capital, private ownership, and adequate regulation are crucial. How quickly banks achieve independence in credit decisions depends on how fast new governance structures can be introduced. In this, the five countries have been less successful. The objectives of bank recapitulation should be to prevent banks from accumulating more nonperforming loans (that is, dealing with the enterprise problem) and to give them the governance structure that would prevent them from incurring new nonperforming loans. This requires introducing a system of risk and reward - by making banks comply with capital adequacy requirements, by privatizing a critical number of banks, and by introducing strong regulation and supervision. Government should see that banks provide efficient payment systems, the basis for trust in banking systems. Introducing adequate regulation and supervision has been difficult as it requires knowing what the banks'role should be. Evidence strongly supports the need to recapitalize and privatize a critical number of banks. Authorities cannot rely on banks to exert control on enterprises early in the transition. In the early stages, control over state-owned enterprises should be exercised by a semipublic institution.Banks&Banking Reform,Financial Intermediation,Financial Crisis Management&Restructuring,Municipal Financial Management,Banking Law
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