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Member Countries (member + country)
Kinds of Member Countries Selected AbstractsInnovation and Peripherality: An Empirical Comparative Study of SMEs in Six European Union Member CountriesECONOMIC GEOGRAPHY, Issue 1 2008Andrew Copus Abstract This article examines the rates of innovative activity of small and medium-sized enterprises (SMEs) in central areas and equally developed but less accessible areas in six European Union member states. The probability of innovating is well predicted by the observable characteristics of firms, entrepreneurial characteristics, and business networks. More accessible areas consistently present higher rates of innovative activity than do their peripheral counterparts. The difference in the rates of peripheral and central areas is decomposed into observable and non-observable factors. The entire innovation gap is attributed to nonobservable factors that constitute a combination of behavior and environment. Innovation policy for SMEs should aim to meet businesses' specific needs (firm-specific factors) and to sustain and improve the innovative environment. [source] Correlation between energy usage and the rate of economic developmentOPEC ENERGY REVIEW, Issue 1 2006Salman Saif Ghouri This paper reviews the correlation between per capita GDP and per capita consumption of different sources of energy for OPEC Member Countries, the G-7 and three Asian countries, both with and without natural logarithm. In addition, the paper estimates the ratios for total GDP and total energy consumption of different sources of energy and also estimates GDP energy consumption elasticities. The paper concludes that on a per capita basis most OPEC Countries exhibit negative and weak relationships for all forms of energy, including electricity. For the G-7 and Asian countries, this relationship is positive and strong, with the exception of oil for G-7 countries, where there is a weak correlation. Surprisingly, most OPEC Countries showed a comparatively strong and positive correlation when tested for total GDP in relation to total energy consumption of the respective energy sources. The relationship for the rest of the countries remains unchanged. Population might have distorted the results in OPEC Countries. These results suggest that one should be cautious when drawing conclusions and not ignore the aggregate comparison, as this could otherwise lead to wrong results. For G-7 countries, there has been a significant shift in the pattern of energy consumption in relation to GDP when comparing 1960,73 and 1973,2001. All adjusted downward in the later period. However, the greatest adjustment was associated with petroleum consumption. The general conclusion is that wealth creation in G-7 countries is directly associated with the efficient use of all forms of energy. In contrast, most OPEC Countries exhibit a weaker linkage between energy consumption and economic development on a per capita basis, probably due to inefficient usage of resources or due to disproportionate distribution of wealth and thus energy usage. [source] The importance of weighted variables to OPEC's production quota allocationOPEC ENERGY REVIEW, Issue 2 2003Mahmoud Al-Osaimy The objective of this paper is to estimate a weighted variables formula that could be used to calculate OPEC quota distribution. Instead of assigning an arbitrary weight to each of the selected variables included in the formula, we estimate weights based on historical data, using regression analysis. Six national characteristics of OPEC Member Countries, related to oil and socio-economic factors, are considered in the estimation. Time-series are used from 1982 to 2001, for each OPEC Member Country. The results show that the estimated weights are sensitive to the periods considered in the analysis, as well as the number of variables selected. However, there is no specific optimum way of dealing with the sensitive, complex quota issue. [source] Oil product consumption in OPEC Member Countries: a comparison of trends and structuresOPEC ENERGY REVIEW, Issue 2 2001Atmane Dahmani The purpose of the present work is to analyse oil product consumption trends within OPEC's 11 Member Countries and to compare the consumption structures within and between the countries. The study examines consumption structures by product (gasoline, kerosene, distillates, residuals and others) and the most relevant indicators of economic growth during the period 1980,98. The analysis shows that, during this period, most countries increased their consumption of gasoline, kerosene and distillates, which are light and medium products. However, the consumption of heavy products, such as residuals, was diversified within the considered countries. The structural change analysis, which relates to the similarities in the oil product consumption structures of Member Countries, was carried out by using sub-groups for the periods in which consumption structures are similar. This grouping seems to be the result of the influence of important factors on oil consumption, mainly oil product domestic prices, refinery capacity and configuration, the demographic factor and social unrest. Further steps in the study refer to some practical aspects regarding observed homogeneity in the grouping of oil consumption patterns. [source] The economic cost of low domestic product prices in OPEC Member CountriesOPEC ENERGY REVIEW, Issue 2 2000Nadir Gürer The present state of subsidies on major oil products (gasoline, kerosene, diesel and fuel oil) in OPEC Member Countries is analysed, in order to quantify their economic cost, keeping in mind the importance of reforming or gradually removing subsidies as one of the crucial economic challenges facing many Member Countries. The paper begins with a general definition and description of subsidies, then discusses briefly the key issues in reforming/removing them, with the potential benefits. Following a section on subsidy level estimations in recent years, the subsidy implications in terms of the accruing budget burden and foregone revenues from additional export potential are presented. This is together with some arguments supporting the process of adjustment towards internationally competitive prices for oil products as an inescapable development for Member Countries; this should progress in gradual, but firm steps. [source] The importance of weighted variables to OPEC's production quota allocationOPEC ENERGY REVIEW, Issue 2 2003Mahmoud Al-Osaimy The objective of this paper is to estimate a weighted variables formula that could be used to calculate OPEC quota distribution. Instead of assigning an arbitrary weight to each of the selected variables included in the formula, we estimate weights based on historical data, using regression analysis. Six national characteristics of OPEC Member Countries, related to oil and socio-economic factors, are considered in the estimation. Time-series are used from 1982 to 2001, for each OPEC Member Country. The results show that the estimated weights are sensitive to the periods considered in the analysis, as well as the number of variables selected. However, there is no specific optimum way of dealing with the sensitive, complex quota issue. [source] OECD Efforts to Address the Measurement and Policy Challenges Posed by the Information SocietyINTERNATIONAL STATISTICAL REVIEW, Issue 1 2003Andrew W. Wyckoff Summary The OECD has acted as a forum for the discussion of policies regarding the information society for over 20-years, producing guidelines and recommendations in areas such as privacy of personal information, computer security, cryptography, regulatory reform of communications, and most recently on-line consumer protection and the taxation of e-commerce. By and large, this work was undertaken without the benefit of statistical measures. But the economic performance of a number of OECD Member countries during the 1990s underscores that the policy challenges being posed by the information society are increasingly economic in nature,how ICT is affecting productivity, growth rates, inflation, labour markets etc.,necessitating the need for statistically rigorous data. This paper outlines how recent efforts by national statistical offices to improve this situation have allowed researchers to gain new insight into the economic impact associated with ICTs and applications like e-commerce, leading to a number of policy recommendations as to how best to exploit the economic potential of these technologies. The paper ends by outlining important policy issues that require new statistical efforts. Résumé L'OCDE offre aux gouvernements depuis plus de 20 ans un cadre de discussion sur les questions liées à la société de l'Information et propose des lignes directrices ainsi que des recommandations sur des sujets tels que la vie privée et l'informatique, la sécurité informatique, la cryptographie, la réforme réglementaire en matière de communications et, plus récemment, la protection des consommateurs en-ligne et la fiscalité en matière de commerce électronique. Jusqu'ici, ce travail a été plus ou moins accompli sans le bénéfice d'études statistiques approfondies. Cependant, à en juger des performances économiques d'un certain nombre de pays membres de l'OCDE au cours des années 90, il est évident que les problèmes auxquels est confrontée la société de l'Information ont un caractère de plus en plus économique,l'impact des technologies de l'information et des communications sur la productivité, les taux de croissance, l'inflation, le marché de l'emploi, etc.,et nécessitent des statistiques fiables. Le présent document explique comment les offices nationaux des statistiques ont contribué par leurs efforts à améliorer la situation en donnant aux chercheurs les moyens de mieux comprendre l'impact des technologies de l'information et des communications (TIC), notamment du commerce électronique, sur l'économie. Enfin, ce travail a abouti à un certain nombre de recommandations sur la meilleure façon pour les pouvoirs publics d'exploiter le potentiel économique de ces technologies. La dernière partie du document met en exergue des problèmes importants liés à la politique économique qui nécessitent de nouveaux efforts en matière de statistiques. [source] The Declaration of Hawaii andClarence BlomquistACTA PSYCHIATRICA SCANDINAVICA, Issue 399 2000J. O. Ottosson The international code of ethics of psychiatry, the Declaration of Hawaii was in the main the achievement of Clarence Blomquist. There were several prerequisites for the success of this work. 1. The unique profile of the education of Clarence Blomquist, combining training to be a specialist in psychiatry with a doctor's degree in practical philosophy. 2. An outstanding competence in analyzing complicated issues and in putting thoughts into words. 3. The courage to challenge the Hippocratic ethics and adapt the principles of ethics to modern health care. 4. A scholarship at the Institute of Society, Ethics and the Life Sciences, Hastings-on-Hudson, New York, where he could test his ideas in an intellectual interdisciplinary atmosphere. 5. Support from the late Professor Leo Eitinger, Norway and Professor Gerdt Wretmark, Sweden, who together with Clarence Blomquist constituted a task force on ethics of the World Psychiatric Association. 6. A continuous backing-up by Dr Denis Leigh, the then secretary general of the World Psychiatric Association. Denis Leigh was convinced that a code of ethics was the only means to reconcile the various member countries on issues of misuse of psychiatry and, in addition, would raise the quality of psychiatric care throughout the world. [source] Oil and the Euro area economyECONOMIC POLICY, Issue 60 2009Gert Peersman Summary We examine the macroeconomic effects of different types of oil shocks and the oil transmission mechanism in the Euro area. A comparison is made with the US and across individual member countries. First, we find that the underlying source of the oil price shift is crucial to determine the repercussions on the economy and the appropriate monetary policy reaction. Second, the transmission mechanism is considerably different compared to the US. In particular, inflationary effects in the US are mainly driven by a strong direct pass-through of rising energy prices and indirect effects of higher production costs. In contrast, Euro area inflation reacts sluggishly and is much more driven by second-round effects of increasing wages. The monetary policy reaction of the ECB to oil shocks is also strikingly different compared to the FED. The inflation objective, relative to the output stabilization objective, appears more important for Euro area monetary authorities than for the FED. Third, there are substantial asymmetries across member countries. These differences are due to different labour market dynamics which are further aggravated by a common monetary policy stance which does not fit all. --- Gert Peersman and Ine Van Robays [source] Fiscal policy and interest rates in EuropeECONOMIC POLICY, Issue 47 2006Riccardo Faini SUMMARY Fiscal policy and interest rates in Europe The appetite for fiscal discipline has been steadily declining among most industrial countries. In the past, fiscal profligacy would have been punished by markets with higher interest rates and, in some cases, also exchange rate depreciation. However, in post-EMU Europe, exchange rate markets no longer discipline the fiscal behaviour of national governments. Perhaps more crucially, even the interest rate punishment to fiscal indiscipline is highly uncertain, with academic opinions being quite divided on this issue. This paper takes a close look at the link between fiscal policy and interest rates in the European context. The key finding is that an expansionary fiscal policy in one EMU member will have an effect both on its spreads and on the overall level of interest rates for the currency union as a whole, with the second effect, however, being quantitatively much more significant. This suggests that there are indeed substantial spillovers, through the interest rate channel, among fiscal policies of member countries. To limit countries' incentive to run expansionary fiscal policies, a set of rules, like those embedded in the Stability and Growth Pact, is then needed. Some (weak) evidence is also found that after EMU, interest rate spillovers seem to be more significant for high debt countries with unsustainable fiscal policies, reflecting perhaps market concerns about a possible sovereign bail out or the impact of financial distress. There may be a case then for imposing tighter rules on high debt countries. , Riccardo Faini [source] TERRORISM AND THE RETURNS TO OILECONOMICS & POLITICS, Issue 3 2009BROCK BLOMBERG The effect of terrorism on global oil prices has been largely explained through demand-side effects. We estimate an empirical model to re-examine the effect of terrorism on the price of global oil stocks across oil market regimes that reflect different supply constraints. We believe that terrorism will have larger impacts when global capacity is tight (i.e. when global demand is close to global supply). This means that any shock to capacity (say by conflict) should have the largest impact on profits before the first OPEC shock in the early 1970s. Since then, conflict shocks would not allow firms to exploit production in the same way, thus reducing the available profits that could be garnered by such production manipulation. If capacity constraints are binding when a conflict occurs, then we predict that a positive stock price reaction can be expected for oil firms from such a shock. We exploit a new panel dataset to investigate the relationship between oil profitability and conflict, using conflict data from the top 20 oil producing and exporting countries in the world. We show that in the later part of our sample, 1974,2005, as cartel behavior of OPEC member countries has diminished and as conflict has become more regular and thus the information surrounding it noisier, oil stock prices do not increase in response to conflict. However, in earlier capacity constrained eras, we find that oil stocks can in fact increase in response to conflict. In some cases, the impact of conflict may cause the return of oil stocks to increase by as much as 10 percentage points. [source] Harmonizing External Quotas in an FTA: A Step Backward?ECONOMICS & POLITICS, Issue 3 2002Olivier Cadot This paper explores how political,economy forces shape quantitative barriers against the rest of the world in an FTA. We show that whereas the dilution of lobbying power in an FTA typically leads to a relaxation of external quotas, this result is likely to be overturned as integration deepens. In particular, we show that cooperation among member countries on the level of their external quotas, cross,border lobbying by import,competing interests in the free,trade area, and the consolidation of national external quotas into a single one, all lead to stiffer restrictions against imports from the rest of the world. We also show that, unlike tariffs, endogenous quotas are not crucially affected by the presence of rules of origin. [source] Environmental indicators of transition,ENVIRONMENTAL POLICY AND GOVERNANCE, Issue 2 2002Nobuko Ichikawa This paper uses a range of environmental indicators in order to assess the progress being made in addressing environmental transition challenges within the EBRD's 26 countries of operation. [In 2001, FR Yugoslavia joined the EBRD's member countries. As of February 2002, the EBRD's countries of operation are 27 countries.] The assessment is based on a survey carried out in summer 2000 among environment ministries in the region, which aimed to obtain information about economic/environmental interactions, environmental quality changes and developments in policy, institutional capacities and public participation. The paper evaluates the various national responses to the region's environmental problems. This includes an examination of environmental policy developments, frameworks for establishing environmental liability and systems of environmental funds. The final section looks at the development of public environmental initiatives and non-governmental organizations. Copyright © 2002 John Wiley & Sons, Ltd. and ERP Environment. [source] Data analysis of environmental air pollutant monitoring systems in EuropeENVIRONMETRICS, Issue 6 2004Kristina Voigt Abstract Public access to information about the environment is being strengthened across Europe. The concept of public's right to information gives the basis for the access to environmental information. In this paper the quality of air pollutant monitoring systems in the 15 European member states is analyzed. For pragmatic reasons only the capitals are looked upon. Comprehensive data on environmental monitoring programs concerning air pollutants like ozone (O3), nitrogen dioxide (NO2), nitrogen oxide (NO), carbon dioxide (CO2) and carbon monoxide (CO), and sometimes suspended dust, benzene and other environmental chemicals are available on the free Internet. As different monitoring information systems exist in the European member states a comparison of these systems with their pros and cons is of great interest to the public. Environmental air pollutant monitoring systems in the capitals of the 15 EEC member countries (objects) are evaluated by applying 5 evaluation criteria for the differentiation of these systems. The scores run from 0,=,insufficient, 1,=,medium, to 2,=,excellent. Different data-analysis methods will be applied. As order theory is still not sufficiently presented in the scientific literature, a short overview about the so-called Hasse diagram technique and POSAC method is outlined. In several steps the data-matrix is analyzed coming to the conclusion that all methods (additionally PCA is used) identify one criterion as specifically important. Not unexpected, each method has its own advantage. The aim of this data-analysis is the evaluation of the publicly available air quality monitoring systems in Europe with their pros and cons. This might help the interested public to find and understand the information given on the Internet. Furthermore our evaluation approach might give some recommendations for an improvement of the air quality monitoring systems. Copyright © 2004 John Wiley & Sons, Ltd. [source] European Union scientific production on alcohol and drug misuse (1976,2000)ADDICTION, Issue 8 2005Xavier Sánchez-Carbonell ABSTRACT Background Alcohol and drug misuse is a social and health phenomenon of great relevance in the European Union (EU). One indicator of scientific production in a given area is the analysis of publications included in bibliographic databases. Scientific production on alcohol and drug misuse was analysed in EU member countries, and comparisons were made between countries. Methods Analysis of articles on alcohol and drug misuse published during the period 1976,2000 by institutions based in a country of the EU, indexed by PsycINFO. Results A total of 4825 citations was retrieved. Great Britain published 38.6%, while Sweden, Germany and Spain accounted for a further 30%. The articles dealt with drug and alcohol usage (12.8%), substance abuse (53.5%) and drug and alcohol rehabilitation (34.5%). The articles were published in 13 different languages, more than three-quarters being in English. Spanish was the second language, and was followed by French, German, Dutch and Italian. The articles were published in 521 different journals, and 62 of these published more than 10 articles. The journals publishing most were Addiction, Alcohol and Alcoholism and Drug and Alcohol Dependence. Sixty-eight per cent of the articles were signed by more than one author, and the index of collaboration, between 1996 and 2000, was 3.24. Discussion and conclusions PsycINFO is useful for making comparisons between countries, because it includes the name and country of the institution. The number of publications in the EU on alcohol and drug misuse increased over the quarter-century analysed. The most used language was English, as it also is for PsycINFO as a whole, and a tendency towards its increased use was observed. Classification of the articles by subject by the Classification Code is too general, and makes it difficult to distinguish between the areas it proposes. Production tends to be concentrated in journals dealing specifically with drug dependence and psychiatry. The index of collaboration is similar to that found in other scientific areas. [source] EPPO database on diagnostic expertise: http://dc.eppo.orgEPPO BULLETIN, Issue 1 2010A. S. Roy In 2004, the EPPO Council expressed profound concerns about the decreasing expertise in plant protection and declared a state of emergency for Plant Health (,Madeira declaration'). As diagnostics is one of the scientific fields which are vital for sustaining sound plant health policies, a questionnaire was launched and all EPPO member countries were asked to provide information about their diagnostic expertise, focusing on regulated pests or pests which may present a risk to the EPPO region. In 2006, results of the questionnaire were analysed and compiled by the EPPO Secretariat into a new database. This database now contains detailed information (contact addresses, quality programmes, and accreditations) for 80 diagnostic laboratories from 28 EPPO member countries. More than 500 experts are now registered with details about their diagnostic expertise (pests diagnosed and methods used). The EPPO database on diagnostic expertise can be freely accessed on the Internet: http://dc.eppo.org. [source] Registration of plant protection products in EPPO countries: current status and possible approaches to harmonizationEPPO BULLETIN, Issue 2 2001J. Rüegg A survey concerning registration of plant protection products was carried out in 41 EPPO member countries. Twenty six countries responded and results are summarized in three groups. Various models are discussed which seek to adapt product dosage to the crowns of fruit-tree crops. The tree row volume model (TRV) is favoured by the authors since it can adequately cope with the wide variability of orchards encountered across Europe. It is suggested that experimenters who carry out registration field trials should measure the height and width of the tree crowns and the distance between the tree rows to facilitate comparison of registration trials including residue data. [source] Protocols for the diagnosis of quarantine pests,EPPO BULLETIN, Issue 3-4 2000EPPO member countries have recognized the need for a harmonized approach to detection and identification methods for quarantine pests. In 1998, EPPO started anew project to prepare diagnostic protocols for the quarantine pests of the EPPO region. The work is conducted by the Panel on Diagnostics, which is under the authority of the Working Party on Phytosanitary Regulations. The Panel consists of 10 experts in different fields. When necessary, expert groups on specific disciplines are called upon. The Panel agreed on a suitable common format for the protocols and a procedure for producing the best quality of diagnostic protocols. As there are about 325 quarantine pests for the region (listed in the EPPO A1 and A2 lists of quarantine pests and in the Annexes of EU Directive 77/93), it was necessary to decide upon a priority list of the organisms for which protocols should be developed first. At the moment, 52 protocols are at different stages of preparation. [source] A new transmission pricing approach for the electricity cross-border trade in the ASEAN Power GridEUROPEAN TRANSACTIONS ON ELECTRICAL POWER, Issue 2 2007C. Adsoongnoen Abstract The electricity cross-border trade is presently introduced among the member countries of the Association of South East Asian Nations (ASEAN). The ASEAN Power Grid (APG) is a plan to interconnect transmission networks among the ASEAN countries to optimize the use of energy resources; to operate the power network in an efficient, economical, and reliable manner; and to provide a close relation among the member countries by electric power interconnection. Transmission pricing is one of the controversial tasks to achieve the APG objectives. In this paper, a transmission pricing method for the electricity cross-border trade based on a combination of postage stamp method and sensitivity indices is proposed. The postage stamp pricing is a uniform tariff expected to recover the project investments, and the operation and maintenance costs. With the combination of the postage stamp method and sensitivity indices, the proposed pricing method sends proper incentive signals to power traders, which are based on system usage and congestion management. To demonstrate its effectiveness, the proposed method is applied to a 12-bus test system. The nodal tariffs at the particular injecting points, payments of the users, and revenues of transmission owners are computed. The simulation results indicate that the proposed method ensures a recovery of the investment costs and the concurrent costs of operation and maintenance in an efficient, fair, and simple manner. Copyright © 2006 John Wiley & Sons, Ltd. [source] EU Enlargement, Migration, and Lessons from German UnificationGERMAN ECONOMIC REVIEW, Issue 3 2000Hans-Werner Sinn The paper studies the role of international implications after EU enlargement. Based on a formal model with migration costs for both capital and labor, it predicts a two-sided migration from the new to the old EU countries which is later reversed. As the migration pattern chosen by market forces turns out to be efficient, migration should not be artificially reduced by means of legal constraints or subsidies to the new member countries. The paper draws the parallel with German unification and points out the lessons to be learned by Europe. The analysis concludes with a brief discussion of the second-best problem posed by the existence of welfare states in the old member countries. [source] Pan-European regional-scale modelling of water and N efficiencies of rapeseed cultivation for biodiesel productionGLOBAL CHANGE BIOLOGY, Issue 1 2009MARIJN VAN DER VELDE Abstract The energy produced from the investment in biofuel crops needs to account for the environmental impacts on soil, water, climate change and ecosystem services. A regionalized approach is needed to evaluate the environmental costs of large-scale biofuel production. We present a regional pan-European simulation of rapeseed (Brassica napus) cultivation. Rapeseed is the European Union's dominant biofuel crop with a share of about 80% of the feedstock. To improve the assessment of the environmental impact of this biodiesel production, we performed a pan-European simulation of rapeseed cultivation at a 10 × 10 km scale with Environmental Policy Integrated Climate (EPIC). The model runs with a daily time step and model input consists of spatialized meteorological measurements, and topographic, soil, land use, and farm management practices data and information. Default EPIC model parameters were calibrated based on literature. Modelled rapeseed yields were satisfactory compared with yields at regional level reported for 151 regions obtained for the period from 1995 to 2003 for 27 European Union member countries, along with consistent modelled and reported yield responses to precipitation, radiation and vapour pressure deficit at regional level. The model is currently set up so that plant nutrient stress is not occurring. Total fertilizer consumption at country level was compared with IFA/FAO data. This approach allows us to evaluate environmental pressures and efficiencies arising from and associated with rapeseed cultivation to further complete the environmental balance of biofuel production and consumption. [source] Britain, EMU and the European economyINDUSTRIAL RELATIONS JOURNAL, Issue 4 2000Steve Bradley In January 1999, 11 member countries of the European Union ,irrevocably' locked the foreign exchange values of their currencies to the euro, and they committed themselves to abandon their currencies in favour of the euro in 2002. As a result, these countries ceased to operate independent monetary policies. Monetary policy for the whole euro-zone became the responsibility of the European Central Bank (ECB), whose primary objective is to maintain a low and stable rate of price inflation for the euro currency. The rules governing Economic and Monetary Union (EMU) were laid down in the treaty of Maastricht in 1992. As conditions for entry to EMU, the treaty specified ,convergence criteria' which consisted of upper limits for several macroeconomic aggregates including, notably, a 3 per cent maximum for the ratio of the public sector deficit to GDP and 60 per cent for the ratio of public debt to GDP.1 In February 1998 the 11 applicant countries submitted statistical analyses relating to their satisfaction of these conditions. Despite doubts as to whether some of them had strictly met the conditions, the European Commission deemed them all eligible, and the euro was launched.2 The British government, though more clearly eligible than most other EU countries on the basis of the convergence criteria, decided to defer its decision on entry. In this paper we consider the arguments for and against Economic and Monetary Union, and in particular whether it would be in Britain's interest to join. We begin with a brief review of the state of the European economy and an analysis of the first year performance of the new Euro currency. [source] On the feasibility of a monetary union in the Southern Africa Development CommunityINTERNATIONAL JOURNAL OF FINANCE & ECONOMICS, Issue 2 2008Terence D. Agbeyegbe Abstract This paper investigates the feasibility of a monetary union in Southern Africa Development Community (SADC) by looking at evidence of nominal exchange rate and inflation convergence. Using a methodology based on estimating time-varying parameters, the evidence suggests non-convergence. The non-convergence of nominal exchange rate and consumer price inflation suggests that presently the chances of SADC member countries satisfying some form of Maastricht-type criteria is quite low. Copyright © 2007 John Wiley & Sons, Ltd. [source] Trends in Social Security in East Africa: Tanzania, Kenya and UgandaINTERNATIONAL SOCIAL SECURITY REVIEW, Issue 3-4 2003Ramadhani K. Dau As elsewhere in the world and in Africa in particular, social security in the member countries of the East African Community (Kenya, United Republic of Tanzania, and Uganda) has long been provided through voluntary assistance under the traditional extended family system. Later, and more specifically after independence in the early 1960s, when the region had a major increase in the number of employees in the formal sector , both public and private , who were mainly located in urban centres, formal social security schemes started to gain recognition among employed workers. Thus over the years, the urban population became increasingly detached from rural communities where the traditional extended family system was most effective. In addition, their general standards of living rose to such levels that if they ceased to earn employment income for one reason or another their livelihood could not be sustained through the extended family system. The above social security development trends have resulted even today in societies examining and determining ways to improve social protection beyond the formal sector so as to ensure arrangements are put in place for a large part of the working population to be provided with social security insurance during their working life and after retirement. [source] How to Cut the Seigniorage Cake into Fair Shares in an Enlarged EMUJCMS: JOURNAL OF COMMON MARKET STUDIES, Issue 5 2007JØRGEN DRUD HANSEN The European Central Bank redistributes each year seigniorage from issuing euro notes to the National Central Banks of the euro countries. The key for this redistribution is, from 2008, based on the respective GDP and population proportions of the euro countries. Applying the distribution formula to the new EU countries from central and eastern Europe seems to give these countries a large net benefit compared with the seigniorage they bring in, i.e. their share of currency in circulation. However, as argued in this article, currency demand in the new EU member countries is expected to increase relative to the present group of euro countries , especially after gaining membership in the EMU because of integration of the financial markets and, in the longer term, catching-up growth. Hence, it is doubtful whether a large unintended redistribution of seigniorage to the benefit of acceding EMU countries will materialize in the future. [source] The Effectiveness of Structural Policy in the European Union: An Empirical Analysis for the EU-15 in 1995,2001,JCMS: JOURNAL OF COMMON MARKET STUDIES, Issue 1 2005MAAIKE BEUGELSDIJK The main aim of structural policy is to decrease the regional disparities within the European Union (EU). In 2004 ten new member countries joined the EU, and it is expected that this enlargement will cause strong regional disparities within the Union. For this reason the distribution of financial support by structural policy will undergo drastic changes. In this study we consider two main themes. First, convergence of the current EU Member States is empirically tested for the period 1995,2001, and the effect of the structural funds in this context is identified. Structural funds do indeed appear to have had a positive impact, and poorer countries (like Greece) appear to have caught up with the richer countries. The importance of the structural funds in this respect therefore cannot be neglected. Second, we touch on the problem of moral hazard and the substitution effect. It may be expected that receivers of structural funds in some cases are not really eligible and may therefore use the funds inefficiently. Our first and preliminary results seem to indicate that the less clean countries (or as we measure it, more ,corrupt' countries) of the current EU-15 do not gain less economic growth from the structural funds. The hypothesis that structural funds contributed to fewer interregional disparities within the current 15 European countries cannot be rejected. This may mean the intended plans of channelling a big share of the funds to the candidate countries in 2007,13 will probably contribute to higher economic growth in these countries. [source] Agricultural and Economy-Wide Effects of European Enlargement: Modelling the Common Agricultural PolicyJOURNAL OF AGRICULTURAL ECONOMICS, Issue 2 2000C. F. Bach The economic impact of extending the Common Agricultural Policy to the Central and Eastern European countries (CEEC) has become a major issue in the European enlargement debate. This paper provides an assessment of the economy-wide effects of European enlargement using a global general equilibrium model where special attention is given to modelling the instruments of the Common Agricultural Policy, the Agenda 2000 proposal and the EU budget. The results indicate a substantial potential for increasing agricultural production in the CEEC. The EU budget will increase significantly and the transfers from EU taxpayers to farmers in the CEEC result in significant welfare gains in the new member countries. In spite of these important transfers the macroeconomic costs for the EU are found to be limited. [source] Performance of the potentially invasive Siberian moth Dendrolimus superans sibiricus on coniferous species in EuropeAGRICULTURAL AND FOREST ENTOMOLOGY, Issue 3 2009Natalia I. Kirichenko Abstract 1,The native range of the Siberian moth extends from the Pacific Ocean (Russian Far East, Japan and Northern Korea) across Siberia, Northern China and Mongolia to the Ural Mountains. At the beginning of the 21st Century, this species was documented west of the Ural Mountains in the Republic of Mari El, indicating range extension toward the west. 2,The Siberian moth has recently been suggested for regulation as a quarantine pest for European and Mediterranean Plant Protection Organization member countries. However, no specific report on European host plants for this pest has been published so far. 3,In the present study, larval host plant choice and performance was tested for the first time on coniferous tree species that are widely distributed and of commercial value in Europe. 4,Based on dual-choice tests on neonates and mortality, developmental duration and relative growth rates of the first- to sixth-instar larvae, we found European larch Larix decidua to be the most suitable host for the moth larvae, whereas European black pine Pinus nigra and Scots pine Pinus sylvestris were the poorest hosts. The remaining conifer species tested, European silver fir Abies alba, Nordmann fir Abies nordmanniana, and Norway spruce Picea abies, were intermediate host plants. Douglas-fir Pseudotsuga menziesii, originating from North America, was chosen by the larvae to the same extend as European larch, and was also highly suitable for larval development. 5,If the moth is introduced to European countries, it will become damaging in stands of European larch and Douglas-fir, mixed stands of fir and spruce; however, it will be less damaging in forests dominated by two-needle pines. 6,We predict that Dendrolimus superans sibiricus will be able to survive and develop on the main European coniferous tree species, including non-native coniferous tree species, resulting in severe damage to large areas of forests. [source] Impacts of WTO restrictions on subsidized EU sugar exportsAGRICULTURAL ECONOMICS, Issue 3 2000Daneswar Poonyth Abstract The study evaluates the impact of World Trade Organization (WTO) restrictions on the European Union (EU) sugar sector and the world sugar market. A small reduction in production quotas would be sufficient to satisfy the export subsidy limitations of the Uruguay Round agreement. Complete elimination of export subsidies by 2005 would require either a 10% reduction in production quotas or the combination of an 8% reduction in quotas and an 11% reduction in intervention prices. Higher world prices resulting from reduced EU exports would result in increased production of unsubsidized C-sugar, with different impacts across EU member countries explained by differences in institutional pricing arrangements and marginal production costs. [source] THE CONTRIBUTION OF THIRD-PARTY INDICES IN ASSESSING GLOBAL OPERATIONAL RISKS;,JOURNAL OF SUPPLY CHAIN MANAGEMENT, Issue 4 2010KUNTAL BHATTACHARYYA In the face of global uncertainties and a growing reliance on third-party indices to obtain a snapshot of a country's operational risks, we explore the related questions: How accurately do third-party indices capture a country's operational risk, and how does the operational risk of the country, in turn, affect the volume of its import and export supply chains? We examine these questions by empirically investigating 81 member countries of the World Trade Organization (WTO) using archival data collected from UN agencies, independent think tanks, the WTO, and the Economist Intelligence Unit. We use seven third-party indices to gauge a country's internal environment and map those indices to corresponding country-specific operational risks to further understand the consequent effects of those operational risks on trading volume. Results provide strong evidence for the use of certain third-party indices in assessing operational risk. In addition, operational risks are found to negatively affect the volume of import and export supply chains, albeit in varying degrees. [source] | ||||||||||||||||||||||||||||||||||||||||