Thoughts,attitudes and profile of Brazilian consumers regarding food irradiation

This study aimed to examine the neophobia, knowledge, thoughts, and opinions related to food irradiation among consumers living in a small city in Brazil through the application of a behavioral and sociodemographic questionnaire. It was found that the 271 respondents had little knowledge about the process of food irradiation and had low intent to purchase irradiated food; several consumers associated irradiated food with radioactivity and cancer. Individuals with better knowledge about irradiation and those who are young, single, did not live with children, and had higher levels of education and higher monthly family incomes were more likely to buy irradiated foods than others. These results describe the profile of potential consumers of irradiated foods and the knowledge, thoughts and opinions of the residents of a small city relative to food irradiation. This data could assist industries that irradiate foods to adopt strategies that ensure greater acceptance of their products.     

Sustainability report and bank valuation: evidence from European stock markets

Applying value relevance analysis to a sample of European banks, we test the following: (i) the direct effects of the sustainability report on stock price; (ii) whether the report modifies the value relevance of financial accounting variables (indirect effects); and (iii) whether the value relevance of sustainability reports varies across countries. Results show that investors appreciate the additional and complementary disclosure provided by the sustainability report and that this disclosure produces a positive effect on stock prices. Estimates of the indirect effects demonstrate that it has a negative influence on book value per share, whereas the effect on earnings per share is not significant. Cross‐country analysis shows that the value relevance of the sustainability report varies across European countries, consistent with the hypothesis that the value relevance of the sustainability report is likely to be influenced by different institutional contexts.     

Towards a Smart Tourism Business Ecosystem based on Industrial Heritage: research perspectives from the mining region of Rio Tinto,Spain

The implications of the study provide suggestions for future improvements relating to the development of industrial tourism destinations. The possibility of ‘re-using’ the old industrial and mining heritage could favour the development of an economic opportunity to the recession that affected most industrial regions after the 1960s. This paper is focused on the field of industrial heritage tourism management (IHTM) to deepen the knowledge about its business ecosystem. The IHTM is chosen because a number of evidences highlight the interconnections that exist between this field and the business ecosystem concept. To explore these interconnections, the purpose of this article is to define a frame of analysis based also on the emergent initiative of smart tourism and to set up a theoretical framework not only used to the case study of the region of Rio Tinto mine in Spain, but also used as a policy instrument to suggest propositions for recommending new paths for future studies.     

The crisis of urbanization in Asia: finding alternatives to megalopolitan growth

The rapid expansion of large Asian cities generates serious social, economic, and physical problems, and has thereby forced these areas to create alternative expansion plans, such as the idea of building up secondary cities and towns. The result of the rapid expansion of large cities, combined with poor urban management, accentuates the mass poverty in many Asian cities. This large urban population is expected to double or triple in size between 1970 and 2000. Because substantial resources are required to manage these megalopolitan areas, it is reasonable to deduce that millions of these city dwellers will be living in absolute poverty by 2000. It is the prospect of continued rapid growth over the next 2 decades that presents the most serious problem for Asian countries. Most metropolises cannot provide enough jobs for the current work force. In addition, public facilities, housing, transportation, and health services are examples of other problems threatened by a heavy concentration of people. Attempts to control this growth have been unsuccessful, mainly due to the 1950s and 1960s emphasis on productive investment, which left rural regions underdeveloped and poor. Secondary cities and regional centers in Asia perform important functions in promoting widespread economic and social development: 1) they stimulate rural economies and therefore establish a pattern of step-wise migration, and 2) they absorb population and therefore, relieve some of the pressure put on the largest metropolitan areas. Studies of secondary cities and their attempts at controlling growth of large metropolitan centers suggest broad guidelines for strategies. Some of these are: 1) the existence of large metropolises has little effect on the growth of primate cities; 2) few controls on growth of large areas are likely to be effective unless there are viable alternative locations at which high threshold economic activities can operate; 3) secondary cities must be closely related to the agricultural economies of their rural hinterlands; and 4) attention must be given to improving transportation and other communication between large metropolitan centers, secondary cities, and smaller cities and towns. The continued concentration of people and economic activities in vast megalopolitan areas will continue to generate serious economic and social problems that may help stimulate the evolution of some of these strategies.     

Coping with poverty in international assistance policy: An evaluation of spatially integrated investment strategies

International assistance agencies have turned increasingly to integrated rural development policies in an attempt to ameliorate the inequitable distribution of economic growth plaguing Third World nations since World War II. This paper reviews the functionally and spatially integrated investment strategies of the World Bank, USAID and the United Nations, outlines their objectives, perceptions of the problem, basic assumptions and programmes, and evaluates them in terms of potential difficulties for implementation. Those factors crucial to making integrated development policies operational — knowledge of human ecosystems in rural areas, analytical ability, operational procedures, arrangements for local participation, subsistence systems indicators and administrative capacity of local and national governments — are discussed and assessed.     

Foreign trade potential,small enterprise development and job creation in developing countries

Increasing American competitiveness in the international economy requires expanding trade with emerging markets, especially in developing countries of Asia, Latin America and Africa. Historically, as developing countries' economies have grown, the capacity for exporting and importing have both expanded. In the future, the capacity for trade in developing countries will depend increasingly on their ability to create sufficient numbers of jobs to absorb their rapidly growing labor forces.Unlike Western countries, most developing economies have a small percentage of their labor forces in large-scale manufacturing and a large share engaged in small-scale and informal sector enterprises. Small-scale enterprises have been the primary sources of labor absorption in cities in developing countries and will continue to play a crucial role in the future. Experience has shown that policies for improving the capacity of small-scale enterprises to generate jobs have had only mixed results in developing countries. The challenge facing governments and the private sector in the future include: (1) creating an economic environment conducive to small-enterprise development; (2) removing regulatory and administrative obstacles to small-enterprise expansion; (3) tailoring small-enterprise promotion programs to local conditions and needs; (4) providing capital and credit for small-business owners; (5) involving the private sector in small-enterprise development programs; and (6) providing technical assistance, training and educational programs through public-private partnerships.     

Investments in education and welfare in a two-sector,random matching economy

We consider a random matching model where heterogeneous agents choose optimally to invest time and real resources in education. Generically, there is a steady state equilibrium where some agents, but not all of them, invest. Regular steady state equilibria are constrained inefficient in a strong sense. The Hosios (1990) condition is neither necessary nor sufficient for constrained efficiency. We also provide restrictions on the fundamentals sufficient to guarantee that equilibria are characterized by overeducation (or undereducation), present some results on their comparative statics properties, and discuss the nature of welfare improving policies.     

Transnational corporations: international citizens or new sovereigns?

The expanding public roles of transnational corporations in private foreign aid, in self-regulation and private certification of business practices, not to mention helping shape public policy, can be viewed as evidence of corporate citizenship and social responsibility or as a threat to democratic decision making and national sovereignty. Dennis A Rondinelli suggests that new systems of countervailing power may be needed to encourage further corporate citizenship while preventing potential abuses of political and economic power.     

Book briefs

World food marketing systems, Butterworth & Co, London, 1986.

Faces of hunger. An essay on poverty, justice and development, Studies in applied philosophy, Allen & Unwin, London, 1986. xiii + 178, distributed in South Africa by MacMillan South Africa, Braamfontein.

Decentralization and development — Policy implementation in developing countries, Sage Publications, London, 1983, 319 pp

Soviet interests in the Third World, Sage Publications, London, 1985, xi + 329 pp

No shortcuts to progress — African development management in perspective, Heinemann Educational Books Ltd, London, 1983, xv + 223 pp.

Strategies for African Development, University of California Press, London, 1986, xii + 603 pp.

Labour and poverty In Kenya 1900‐1980, Clarendon Press, Oxford, 1986, xii + 296, £20,00     

Privatization And Economic Restructuring in Poland: An Assessment of Transition Policies

A bstract . Poland was among the first of the Central European countries to attempt to transform its economy from a centrally planned socialist system to a market-oriented one. Although its International Monetary Fund-inspired "shock therapy" approach sought to transform the economy quickly, Poland's implementation of privatization of state enterprises , a keystone of the reform strategy, lags seriously behind other economic changes. Poland's experiments with privatization were derailed by economic, political, social and administrative problems. The lessons of experience from Poland's transitional period during the early 1990s are that the development of small- and medium-sized enterprises and the spread of entrepreneurial activity were far more important than privatization of state enterprises in moving Poland toward a market system.