Food aid: An effective instrument of development policy?

After over thirty years experience with food aid, there is consensus only on its use as a means of mitigating acute distress; except with regard to disaster relief of that kind, opinions are divided on the rationale of food aid deliveries from industrial countries with a food surplus to Third World countries with a deficit. What are the main arguments for and against food aid, and in which direction has the EC’s food aid programme developed?     

HOW DID THE WEALTHIEST AUSTRALIANS GET SO RICH?

Two hundred sixty-three of the largest Australian fortunes are classified by date and industry of origination. More began in property development, sheep ranching and clothing manufacturing than in other industries. First generation immigrants own more than twice the number of fortunes as would be expected on the basis of their proportion of the population. A panel of experts judged that three-quarters of the fortunes originated in competitive industries. One explanation for large fortunes accumulating in competitive industries is extraordinary returns to disequilibrium (innovation and product differentiation). Other explanations include the assumption of risk and the return to scarce entrepreneurial and managerial skills. Progress in communication and transport technology have made it possible to leverage modest Ricardian rents into large profits via chain operations.     

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A general existence theorem for equilibrium price dispersions

This paper presents sufficient conditions for the existence of non-degenerate equilibrium price dispersions in economies with sequentially searching consumers. This existence result is obtained by fully utilizing the fixed-point property of equilibrium price dispersions. Compared with the existing literature, the formal framework used in this paper is very general. Consequently, the results of the paper are valid for a large class of economic models.     

Trends in Undergraduate Economics Degrees, 1991 to 2001

The author reviews and recommends Alan S. Blinder's Hard Heads, Soft Hearts: Tough-Minded Economics for a Just Society.     

Trends in Undergraduate Economics Degrees: An Update

The author examines the effects of different introductory microeconomics textbooks on student performance in subsequent economics courses (specifically, Intermediate Microeconomics I and Money and Banking). In some cases, the effects are significant and sizeable. There is also evidence of other variables affecting student performance in later courses, such as taking first-year microeconomics by distance, math background, effects of having taken other economics courses, and the time between introductory economics and later courses.     

Sturz: Gefahr erkennen, Risiken minimieren

Sturzberatung optimieren - Mit dem Alter steigt das Sturzrisiko erheblich. Prophylaxema?nahmen k?nnen jedoch nur dann wirklich greifen, wenn auch die Pflegebedürftigen und ihre Angeh?rigen Risiken und Gefahrensituationen kennen. Wie k?nnen Pflegekr?fte die Betroffenen am besten beraten?