Home  About us  Contact
 

Market Solutions (market + solution)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting40%

Selected Abstracts

Agriculture versus Biodiversity Will Market Solutions Suffice?

CONSERVATION, Issue 2 2002
Richard Manning
First page of article [source]

ETHICS AND THE MARKET ECONOMY: INSIGHTS FROM CATHOLIC MORAL THEOLOGY

ECONOMIC AFFAIRS, Issue 2 2004
Samuel Gregg
The ethical dimension of market solutions to problems is often neglected by their proponents. This article examines the market from the standpoint of orthodox Roman Catholic moral theology. It illustrates how Catholic theologians have contributed to thinking about the market, draws attention to Catholicism's positive assessment of entrepreneurship, and outlines paths for future Catholic reflection on the market. [source]

The political economy of natural disaster insurance: lessons from the failure of a proposed compulsory insurance scheme in Germany

ENVIRONMENTAL POLICY AND GOVERNANCE, Issue 6 2007
Reimund Schwarze
Abstract This paper studies the politico-economic reasons for the refusal of a proposed compulsory flood insurance scheme in Germany. It provides the rationale for such a scheme and outlines the basic features of a market-orientated design. The main reasons for the political rejection of this proposal were the misperceived costs of a state guarantee, legal objections against a compulsory insurance, distributional conflicts between the federal government and the German states on the implied administrative costs and the well known charity hazard of ad hoc disaster relief. The focus on pure market solutions proved to be an ineffective strategy for policy advice in this field. Copyright © 2007 John Wiley & Sons, Ltd and ERP Environment. [source]

Globalisation, rural restructuring and health service delivery in Australia: policy failure and the role of social work?

HEALTH & SOCIAL CARE IN THE COMMUNITY, Issue 3 2007
BSocStud, MLitt, Margaret Alston PhD
Abstract The impacts of globalisation and rural restructuring on health service delivery in rural Australia have been significant. In the present paper, it is argued that declining health service access represents a failure of policy. Rural communities across the world are in a state of flux, and Australia is no different: rural communities are ageing at faster rates than urban communities and young people are out-migrating in large numbers. During the past 5 years, rural Australia has also experienced a severe and widespread drought that has exacerbated rural poverty, and impacted on the health and well-being of rural Australians. Australian governments have responded to globalising forces by introducing neoliberal policy initiatives favouring market solutions and championing the need for self-reliance among citizens. The result for rural Australia has been a withdrawal of services at a time of increased need. This paper addresses the social work response to these changes. [source]

Public Responses to Agricultural Disasters: Rethinking the Role of Government

CANADIAN JOURNAL OF AGRICULTURAL ECONOMICS, Issue 4 2007
Barry K. Goodwin
We provide a broad overview of the role and history of federal disaster relief in U.S. agriculture. We discuss various economic arguments that may be used as justification for such disaster relief and subsidized insurance programs. In general, we find no persuasive argument that market failure justifies subsidized risk management activities by the government. Important exceptions exist in the case of catastrophic damages to public infrastructure, invasive and communicable disease threats, and the hazards posed by accidental or deliberate contamination of food supplies in that the presence of significant transactions costs may inhibit private market solutions. We also consider a panel VAR analysis of the dynamic interrelationships among market returns and farm program payments conveyed under three different types of programs,disaster assistance, crop insurance, and all other direct payments. An important finding is that disaster and insurance payments appear to imply higher subsequent levels of market income risk in agriculture. This finding is consistent with arguments that subsidized disaster assistance and insurance may lead to greater risk in agriculture. Nous présentons un large aperçu du rôle et de l'historique du programme fédéral d'assistance en cas de catastrophe agricole aux États-Unis. Nous analysons différents arguments économiques qui peuvent justifier ces programmes d'aide et d'assurance subventionnés. En général, nous ne trouvons aucun argument convaincant comme quoi une défaillance de marché justifie des activités de gestion du risque subventionnées par le gouvernement. Cependant, des exceptions importantes existent pour les cas de dommages catastrophiques à des infrastructures publiques; de menaces de maladies contagieuses et invasives; et de dangers associés à la contamination accidentelle ou délibérée de la chaîne alimentaire, auquel cas les coûts de transaction importants pourraient inhiber les solutions du marché privé. Nous considérons également une analyse panel VAR des relations entre les rendements de marché et les paiements versés en vertu de trois types de programme: assistance en cas de catastrophe, assurance récolte et tout autre type de paiement direct. Nous en arrivons à la conclusion importante que les paiements d'assurance et d'aide aux sinistrés semblent mener à des niveaux de risque relatif au revenu marchand plus élevés dans le secteur de l'agriculture. Ceci concorde avec les arguments voulant que les programmes subventionnés d'assurance et d'assistance en cas de catastrophe mènent à une augmentation des risques dans le secteur de l'agriculture. [source]