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Content Tagged with policy + economics

[from amaah] Indians Cling To Old Ways Of Banking

"We were often scolded by the West about how India's financial sector was over-regulated and we needed to adopt Western best practices," said Kamal Nath, India's commerce and industry minister, to an audience of cheering business leaders in New Delhi recently. "We all now know how good those best practices were."

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[from amaah] A Chicken in Every Garage

interesting thesis, ties Detroit's fondness for SUVs to chicken... It started in 1961 with chicken. Trying to stop a surge of chicken imports into Germany, the European Common Market bowed to the European poultry lobby and almost tripled the tariff on frozen chicken from the United States. Washington, of course, struck back. In 1963, it raised tariffs on a range of European products: brandy to hit the French; dextrine, a food and glue component, to hit the Dutch.

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[from amaah] Dharavi, India's largest slum, eyed by Mumbai developers

If the officials get their way, the slum will be demolished and reborn as a gleaming collection of high-rise apartments, office towers and manicured parks. Residents who arrived before 2000 would be re-housed elsewhere in Dharavi in small flats of 225 square feet -- smaller than a suburban American garage -- while an influx of richer folk and big companies would turn the area into one of Mumbai's fashionable addresses.

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[from amaah] Food crisis may be a boon for small farmers in Africa

international donors, the World Bank and most African governments for decades have largely ignored the needs of farmers, despite the fact that agriculture is the continent's largest economic sector and biggest employer. Not Ghana though!

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Juan Freire - From the Analogue Commons to the New Hybrid Public Spaces | Technophobiac News

Holy crap. A long rambling post that manages to make explicit the connections between compatible philosophies in very diverse fields through an examination of the concept of the commons. I'll be picking nuggets out of this for a while.

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[from amaah] Empty oceans, Part 1: How technology bested oceans' bounty

first of a series on "how industrialized fishing fleets have decimated fishing stocks worldwide".

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[from amaah] In India, one ethnic group fights to be lower on the social ladder

It is the world's largest affirmative-action program, and the Gujjars say they deserve their fair share of it. "Our community is just as backward" as the former untouchables, declared Burja, 32. "We need the same kinds of benefits."

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[from amaah] Europe Takes Africa's Fish, and Boatloads of Migrants Follow

Simplistic. Correlation is not causation. Depleted fishing grounds vrs teeming masses swarming European beaches.

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[from amaah] Mortgage crisis perplexes even shrewd investor Warren Buffett

"Leona Helmsley left $12 million to her dog," he said. "If there were no estate tax, the dog would have gotten $22 million.". Long live the estate tax

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[from amaah] Ending Famine, Simply by Ignoring the Experts

Fancy that, a country subsidizes its farmers (fertilizer controls), improves food security and now exports. Whither free trade and World Bank prescriptions. I suppose Europe and the US don't provide agricultural subsidies to their farmers, right?

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[from amaah] Giving Slum Children A New Sense of Class

The Indian court ruled that the city's expensive private schools, which were granted land at relatively low rates, were required by law to set aside 20 percent of their admissions for poor students. Hey, affirmative action

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[from amaah] How Malawi went from a nation of famine to a nation of feast

Malawi has broken with an orthodoxy long advocated by Western donor nations: The impoverished country has gone back to subsidizing poor farmers.The subsidies have been a raging success.

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[from amaah] Bolivians seek world market for coca cures

four brothers mix medicinal syrups and creams from coca leaf, the raw ingredient of cocaine. "It was the knowledge I took from my grandmother that made me see coca's commercial potential" on coca-derivative products. "I remember standing at her side when

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[from amaah] Ghana's Growth And Poverty Reduction Story

Major infrastructure gaps need to be addressed, particularly in energy, water, information and communications technology (ICT), and some areas of transport. The annual funding gap in infrastructure is about $350-430 million. Quoth the world bank

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[from amaah] Cash to Get By Is Still Pawnshop's Stock in Trade

The number of pawnshops in the United States has grown to about 12,000 today, from 4,800 in 1986, part of the spread of check-cashing and other alternative financial services, ad hoc banks for the so-called unbanked

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[from amaah] A Bumper Crop of Inertia

Bemoaning the farm lobby. Farming has become the economy's most pampered, protected and subsidized sector. But most of today's farm programs are simply income transfers from consumers and taxpayers to farmers. Aside from their costs, these programs actual

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[from amaah] Elizabeth Asiedu's Economics Research

Perhaps the premier Ghanaian economist in academia from what I can tell, albeit working from without... lots of good papers and modeling... need to brush up on the mathematics

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[from amaah] Today's rule: Not every customer is always right

In this case, Sprint concluded that its fractious fraction of consumers- 1,100 people who flooded its call centers 40,000 times in just six months- falls outside the company's bounds. These so-called demon customers became too expensive to retain, costin

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[from amaah] A Renaissance in Germany; A Tradition of Quality And Strong Brands Leads Export Growth

Germany exports more to Russia and the former Soviet satellites than it does to the US. Germany's economy is striving as exports have increased in recent years; unemployment is dropping rapidly, falling below double-digits for first time since 2002; natio

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[from amaah] Lighting up Africa: Why today's residents are still making do with wax and wicks

World Bank's Lighting Africa initiative, LED lighting... trying to skip generations and use energy efficient solutions... parallel to adoption of mobile phone over landlines... will the scale be large enough?

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[from amaah] A dizzying world of insight lurks beyond the averages

A gloriously rich world is hidden from us by "averages." We manage our lives and our businesses by choose averages on which to make a decision and we cut ourselves off from more nuanced information that might lead to a better decision.

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[from amaah] Beyond Any Drought (pdf)

Inappropriate aid policies are partly responsible for the Sahel region's poverty "[Aid projects in the Sahel] are almost always driven by externally imposed ideas for development" When designing aid projects the views of locals are usually ignored bec

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[from amaah] Foreign Direct Investment to Africa: The Role of Government Policy, Governance and Foreign Direct Investment to Africa: The Role of Government Policy, Governance and Political Instability (pdf)

Elizabeth Asiedu's 2003 paper... survery of 22 countries in Sub-Saharan Africa over the period 1984-2000 to examine the impact of political risk, institutional framework and government policy on Foreign Direct Investment, macroeconomic stability, efficien

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[from amaah] Buy Feed Corn, They're About to Stop Making It

That bowl of Kellogg's Cornflakes on the breakfast table, or the portion of pasta or corn tortillas, cheese or meat on the table is going to rise in price over the coming months as sure as the sun rises in the East.the new world food price shock, convenie

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[from amaah] Food Industry Takes on Energy Subsidies: Biofuel Boom Threatens Gummy Bears

First it was tortillas in Mexico, then it was Frosted Flakes in America and recently German beer. Now the latest food to become the victim of prices pushed up by the massive shift of crops to biofuel are Germany's beloved gummy bears. Prices of glucose, t

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[from amaah] Coping with the mortgage meltdown

Investors essentially stopped buying nonconforming mortgages - those not guaranteed by agencies such as Fannie Mae and Freddie Mac - causing lenders to raise rates on these loans or stop making them altogether. Some home buyers who were preapproved for a

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[from amaah] In a Credit Crisis, Large Mortgages Grow Costly

The problem was that he was taking out a so-called jumbo mortgage- a loan greater than the $417,000 mortgage that can be sold to the federally chartered Freddie Mac and Fannie Mae. The market for large mortgages has suddenly dried up.

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[from amaah] Failed States Index 2007

Foreign Policy's 3rd survey of failed states... all that red and orange in Africa... I still prefer the UNDP's human development index but their methodology is fairly reasonable. Usual suspects: Sudan, Iraq, Somalia. Better: Liberia, Sierra Leone

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