IMF Conditionality and the Intertemporal Allocation of Resources

2014 ◽  
Vol 14 (2) ◽  
pp. 203-235
Author(s):  
Hassan Naqvi
Keyword(s):  
Allocation Of Resources ◽  
Intertemporal Allocation

scholarly journals CAPITAL GAINS: BLUE MACHINES AND RED MACHINES

2005 ◽  
Vol 50 (spec01) ◽  
pp. 437-447 ◽  
Author(s):  
LUÍS AGUIAR-CONRARIA ◽  
KARL SHELL
Keyword(s):  
Finite Time ◽  
Overlapping Generations ◽  
Essential Role ◽  
Capital Gains ◽  
Allocation Of Resources ◽  
Overlapping Generations Model ◽  
Intertemporal Allocation ◽  
The One

Capital gains play an essential role in the intertemporal allocation of resources, but they can also fuel self-fulfilling bubbles. The simple case of 2 "identical" capitals is analyzed in an overlapping generations model. The only trajectory in which expectations are realized at every date is the one in which blue machines and red machines have the same price. If ever their prices differ, then there is a "bubble" which must burst in finite time.

scholarly journals Population-Adjusted Egalitarianism

2021 ◽  
Author(s):  
Stéphane Zuber
Keyword(s):  
Economic Theory ◽  
Population Growth ◽  
Natural Resources ◽  
Population Size ◽  
Well Being ◽  
Allocation Of Resources ◽  
Trade Off ◽  
Optimal Population ◽  
Intertemporal Allocation ◽  
Low Levels

Egalitarianism focuses on the well-being of the worst-off person. It has attracted a lot of attention in economic theory, for instance when dealing with the sustainable intertemporal allocation of resources. Economic theory has formalized egalitarianism through the Maximin and Leximin criteria, but it is not clear how they should be applied when population size may vary. In this paper, I present possible justifications of egalitarianism when considering populations with variable sizes. I then propose new versions of egalitarianism that encompass many views on how to trade-off population size and well-being. I discuss some implications of egalitarianism for optimal population size. I first describe how population ethical views affects population growth. In a model with natural resources, I then show that utilitarianism always recommend a larger population for low levels of resources, but that this conclusion may not hold true for larger levels.

The allocation of resources over time: Making things last under risk

1990 ◽  
Author(s):  
Harvey Langholtz ◽  
Charles Gettys ◽  
Bobbie Foote
Keyword(s):  
Allocation Of Resources ◽  
Over Time

Intra-sectoral and Intersectoral Parity Issues in Pricing of Agricultural Crops: A Preliminary Analysis

1987 ◽  
Vol 26 (4) ◽  
pp. 401-417
Author(s):  
Sarfraz K. Qureshi
Keyword(s):  
Preliminary Analysis ◽  
Agricultural Sector ◽  
Terms Of Trade ◽  
Agricultural Crops ◽  
Allocation Of Resources ◽  
Price Determination ◽  
Policy Makers ◽  
The Government ◽  
Distribution Of Income ◽  
Over Time

Intersectoral terms of trade play a cruc1al role in determining the sectoral distribution of income and resource allocation in the developing countries. The significance of intra-sectoral terms of trade for the allocation of resources within the agricultural sector is also widely accepted by research scholars and policy-makers. In the context of planned development, the government specifies production targets for the agricultural sector and for different crops. The intervention of government in the field of price determination has important implications for the achievement of planned targets. In Pakistan, there is a feeling among many groups including farmers and politicians with a rural background that prices of agricultural crops have not kept their parities intact over time and that prices generally do not cover the costs of production. The feeling that production incentives for agriculture have been eroded is especially strong for the period since the early 1970s. It is argued that strong inflationary pressures supported by a policy of withdrawal of government subsidies on agricultural inputs have resulted in rapid increases in the prices paid by agriculturists and that increases in the prices received by farmers were not enough to compensate them for the rising prices of agricultural inputs and consumption goods.

The Three-Legged Stool of Voter Engagement

2020 ◽  
Vol 21 (2) ◽  
pp. 41-56
Author(s):  
Adelaide K. Sandler ◽  
Mary E. Hylton ◽  
Jason Ostrander ◽  
Tanya R. Smith
Keyword(s):  
Social Work ◽  
Low Income ◽  
Voter Turnout ◽  
Political Power ◽  
Voter Registration ◽  
Elected Officials ◽  
Allocation Of Resources ◽  
Community Members ◽  
The Past ◽  
Voting Decisions

Disparities in voter turnout have increased significantly over the past four decades. Members of historically oppressed groups, those who are low-income, and or who have lower levels of education vote at significantly lower rates than white, wealthy and or more educated community members. These disparities correlate directly to political power and the eventual allocation of resources by elected officials. Therefore, eliminating these disparities through targeted voter engagement with client groups is particularly important for the profession of social work. This article describes the conceptualization of voter engagement as a three-legged stool, consisting of voter registration, regular voting, and basing voting decisions on self-interest.Without attention to all three legs, the potential for generating political power collapses, resulting in minimal influence on elected officials.

KAUTILYA ON THE SCOPE AND METHODOLOGY OF ACCOUNTING, ORGANIZATIONAL DESIGN AND THE ROLE OF ETHICS IN ANCIENT INDIA

2004 ◽  
Vol 31 (2) ◽  
pp. 125-148 ◽  
Author(s):  
Balbir S. Sihag
Keyword(s):  
Economic Development ◽  
Economic Performance ◽  
Organizational Design ◽  
Conflicts Of Interest ◽  
Critical Role ◽  
Ethical Values ◽  
Allocation Of Resources ◽  
Economic Data ◽  
Ancient India

Kautilya, a 4th century B.C.E. economist, recognized the importance of accounting methods in economic enterprises. He realized that a proper measurement of economic performance was absolutely essential for efficient allocation of resources, which was considered an important source of economic development. He viewed philosophy and political science as separate disciplines but considered accounting an integral part of economics. He specified a very broad scope for accounting and considered explanation and prediction as its proper objectives. Kautilya developed bookkeeping rules to record and classify economic data, emphasized the critical role of independent periodic audits and proposed the establishment of two important but separate offices - the Treasurer and Comptroller-Auditor, to increase accountability, specialization, and above all to reduce the scope for conflicts of interest. He also linked the successful enforcement of rules and regulations to their clarity, consistency and completeness. Kautilya believed that such measures were necessary but not sufficient to eliminate fraudulent accounting. He also emphasized the role of ethics, considering ethical values as the glue which binds society and promotes economic development.

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