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World Markets (world + market)
Selected AbstractsTrade Linkages in Shrimp Exports: Japan, Thailand and VietnamDEVELOPMENT POLICY REVIEW, Issue 3 2006Masahiro Kagawa Considerable attention has been devoted to the social and environmental consequences of shrimp farming in the tropics, but relatively little has been given to the relationships involved in international trade in processed shrimp. Based on extensive field research, this article addresses this gap in the literature by examining the nature of the linkages between Japan, a major importer, and two major exporting countries, Thailand and Vietnam, underlying which are informal agreements rather than formal contractual relationships. It examines the rationale and operation of such informal agreements in the context of a dynamic market characterised by an international division of labour between Thailand (with an advanced food products industry) and Vietnam (just emerging into the world market). [source] Intra-Asian trade and the world market , Edited by A. J. H. Latham and Heita KawakatsuECONOMIC HISTORY REVIEW, Issue 4 2006Anne Booth No abstract is available for this article. [source] CAP Reform in the Dairy Sector: Remove Export Subsidies and Retain Milk QuotaEUROCHOICES, Issue 2 2004Zohra Bouamra-Mechemache Summary CAP Reform in the Dairy Sector: Remove Export Subsidies and Retain Milk Quota The reforms of the Common Agricultural Policy of June 2003 introduced major policy changes, In the dairy sector the aim is to decrease price distortions between the EU and world dairy markets through successive reductions in milk intervention prices. However, the milk quota system is still in place and successive increases in milk quotas are planned. The question is whether these dairy reforms are going in the right direction given the three main characteristics of the EU dairy sector. First the price inelasticity of both milk supply (due to quota) and domestic demand means that price distortion mainly affects the distribution of economic surplus between consumers and producers but does not generate significant net losses in economic welfare. Second, the ,large country' position of the EU on the world market means that the EU should remove all export subsidies, which will reduce EU exports and increase world prices. Third, the projected increase in EU aggregate demand for milk favours a reduction in all subsidies. The CAP is going in the right direction in the dairy sector. But to reduce price distortions all subsidies should be removed as soon as possible and the milk production quota should be retained. La réforme de la PAC laitiére: supprimer les subventions aux exportations et conserver les quotas La réforme de la PAC en juin 2003 est un changement majeur. En ce qui concerne le secteur laitier, l'idée consiste à diminuer les distorsions entre les prix européens et ceux du marché mondial par une série de réductions progressives du prix d'intervention. En même temps, le système des quotas reste en place et des accroissements progressifs sont envisageés pour les droits à produire. La question. est alors de savoir si une telle politique est bien orientée, compte tenu des trois caractéristiques principales du secteur laitier européen. En premier lieu, la faible élasticité-prix aussi bien de l'offre (à cause des quotas) que de la demande, implique que les distorsions, si elies affectent la répartition des bénéfices entre producteurs et consommateurs, ne génèrent pas de très grandes pertes sociales au niveau du bien-être global. Ensuite, l'importance de l'Union européenne sur les marchés mondiaux implique que l'UE doive réduire ses subventions à l'exportation, ce qui diminuera le volume des exportations et en fera remonter le prix, Enfin, l'accroissement prévisible de la demande globale européenne en produits laitiers devrait conduire G une réduction des subventions de toute sorte. La PAC est done sur la bonne voie en matière laitière. Mais pour réduire les distorsions, il faut le plus vite possible supprimer les subventions et conserver les quotas laitiers. Reform der GAP im Milchsektor: Abschaffung der Exportsubventionen und Beibehaltung der Milchquoten Die Reform der Gemeinsamen Agrarpolitik vom Juni 2003 führt zu erheblichen Politikänderungen. Im Milchsektor ist das Ziel, die Preisverzerrungen zwischen der EU und den Weltmärkten für Milchprodukte durch eine sukzessive Reduzierung der Milchinterventionspreise zu verringern. Das Milchquotensystem bleibt jedoch weiter bestehen und sukzessive Erhöhungen der Milchquoten sind geplant. Es ergibt sich die Frage, ob die Reform bei den vorhandenen drei Charakteristika im EU Milchsektor in die richtige Richtung geht. Erstens bedeuten das gegebene preisunelastische Angebot von Milch (wegen der Quotierung) und die Nachfrage im Inland, dass die Preisverzerrung sich vomehmlich auf die Verteilung der ökonomischen Rente zwischen Konsumenten und Produzenten auswirkt, nicht aber zu bedeutenden Wohlfahrtsverlusten führt. Zweitens fuhrt die Abschaffung aller Exporterstattungen für Milch und Milchprodukte dazu, dass die EU Exporte sinken und damit wegen der EU als relative großes Land die Weltmarktpreise für Milch steigen werden. Drittens begünstigt die vorausgesagte Zunahme in der aggregierten Milchnachfrage in der EU eine Reduzierung aller Subventionen. Die GAP entwickelt sich im Milchsektor in die richtige Richtung. Es sollten aber alle Subventionen so schnell wie möglich abgebaut und die Milchquote sollte aufrechterhalten werden, um Preisverzerrungen zu reduzieren. [source] A Proposed Monetary Regime for Small Commodity Exporters: Peg the Export Price (,PEP')INTERNATIONAL FINANCE, Issue 1 2003Jeffrey Frankel On the one hand, the big selling points of floating exchange rates , monetary independence and accommodation of terms of trade shocks , have not lived up to their promise. On the other hand, proposals for credible institutional monetary commitments to nominal anchors have each run aground on their own peculiar shoals. Rigid pegs to the dollar are dangerous when the dollar appreciates. Money targeting does not work when there is a velocity shock. CPI targeting is not viable when there is a large import price shock. And the gold standard fails when there are large fluctuations in the world gold market. This paper advances a new proposal called PEP: peg the export price. Most applicable for countries that are specialized in the production of a particular mineral or agricultural product, the proposal calls on them to commit to fix the price of that commodity in terms of domestic currency. A series of simulations shows how such a proposal would have worked for oil producers over the period 1970,2000. The paths of real oil prices, exports, and debt are simulated under alternative regimes. An illustrative finding is that countries that suffered a declining world market in oil or other export commodities in the late 1990s would under the PEP proposal have automatically experienced a depreciation and a boost to exports when it was most needed. The argument for PEP is that it simultaneously delivers automatic accommodation to terms of trade shocks, as floating exchange rates are supposed to do, while retaining the credibility-enhancing advantages of a nominal anchor, as dollar pegs are supposed to do. [source] Global Restructuring and Liberalization: Côte d 'Ivoire and the End of the International Cocoa Market?JOURNAL OF AGRARIAN CHANGE, Issue 2 2002Bruno Losch The restructuring of the world cocoa market has concluded with the liberalization of the sector in the world's leading producing country, Côte d'Ivoire, clearing the way for domination by an oligopoly of global companies. This paper describes how Côte d'Ivoire's share of world production created an illusion but not the reality of market power. In the 1990s, in the wake of failed attempts to influence the world market, the Ivorian cocoa sector experienced a series of upheavals that were both pivotal to broader changes in the global market and a refiection of them. The converging strategies of new Ivorianfirms and of the major global grinding companies resulted in increased vertical integration in Côte d'Ivoire, exemplified in the development of ,origin grinding '. Later, financial difficulties encountered by Ivorian firms led to global companies taking control. Amongst the results of these changes are a decline in the role of traders, a redefinition of the relationship between grinders and chocolate manufacturers, and a standardization of cocoa quality around an average ,bulk' level. This signals the end of ,the producing countries' and of the global market. [source] Wild coffee management and plant diversity in the montane rainforest of southwestern EthiopiaAFRICAN JOURNAL OF ECOLOGY, Issue 1 2010Christine B. Schmitt Abstract Coffea arabica occurs naturally in the montane rainforests of Ethiopia, but large areas of these unique forests have been converted to other land-uses. In the remaining forest, wild coffee is managed and harvested with increasing intensity because of rising coffee prices in the world market. This study evaluated the impact of coffee management on wild coffee populations and the forest vegetation as a basis for conservation planning in southwestern Ethiopia. Vegetation surveys and yield assessments were carried out in unmanaged natural forest and in managed semi-forest coffee (SFC) systems. Analyses show that wild coffee density and coffee yields were low in natural forest (max. 15 kg ha,1 year,1). In SFC systems, 30% of the canopy trees and most undergrowth vegetation were removed. This stimulated wild coffee growth and strongly enhanced yields (max. 54 kg ha,1 year,1), but severely disturbed forest structure. Species richness increased by 26% because of an increase in species of ruderal and secondary vegetation; however, species richness and abundance of typical forest species declined. Conservation of the natural forest therefore requires the control of wild coffee management. Wild coffee certification is discussed as one tool to reconcile conservation measures and the interests of local farmers. Résumé Coffea arabica pousse naturellement dans les forêts pluviales de montagne en Ethiopie, mais de grandes superficies de ces forêts uniques ont été transformées pour d'autres usages. Dans la forêt restante, le café sauvage est géré et récolté de façon de plus en plus intense en raison de l'augmentation du prix du café au niveau mondial. Cette étude a évalué l'impact de la gestion des populations sauvages de café, ainsi que la végétation forestière, afin d'établir une base pour la planification de la conservation dans le sud-ouest de l'Ethiopie. Des études de végétation et des évaluations des récoltes ont été réalisées dans une forêt naturelle non gérée et dans des systèmes semi forestiers où les caféiers sont gérés. Les analyses révèlent que la densité des caféiers sauvages et les récoltes de café sont faibles dans la forêt naturelle (max 15 kg ha,1an,1). Dans les systèmes semi forestiers, 30% des arbres de la canopée et la plus grande partie de la végétation en sous-bois ont été enlevés. Cela stimule la croissance des caféiers et augmente fortement les récoltes (max 54 kg ha,1an,1), mais cela perturbe gravement la structure forestière. La richesse en espèces a augmenté de 26%à cause de l'augmentation des espèces dans la végétation rudérale et secondaire; cependant, la richesse et l'abondance des espèces typiquement forestières ont décliné. La conservation de la forêt naturelle exige dès lors le contrôle de la gestion du café sauvage. On discute de la certification du café sauvage comme moyen de réconcilier les mesures de conservation et les intérêts des fermiers locaux. [source] Food Security in China and Contingency Planning: the Significance of Grain ReservesJOURNAL OF CONTINGENCIES AND CRISIS MANAGEMENT, Issue 3 2006Hendrik J. Bruins China is inhabited by ca 20 percent of the world population, but has only 7 percent of global arable land and only 6.6 percent of global freshwater resources. These unfavourable relationships between population size and the basic resources for food production , soil and water , require careful food security and contingency planning by the Chinese authorities. The country has been remarkably successful in raising its food production since 1949 at a faster rate (400 percent) than the increase in its population (240 percent). This has basically been achieved by increasing the yields per unit area with enhanced fertilizer use, as the total size of arable land has been decreasing in recent years. Though China attempts to be largely self-sufficient in food grain production, two possible contingency scenarios are suggested that might cause grave problems: (1) severe multi-annual drought; (2) reduced chemical fertilizer manufacturing. If Chinese food production would drop as a result by, say, 33 percent, famine, the dreaded scourge throughout Chinese history, might recur. A shortage of ca 150 million tons of food grains cannot easily be buffered by the volume of food grains annually traded on the world market, ca 240 million tons. Much of this amount tends to be committed already to traditional buyers, as most countries in the world have to import food grains. Cash reserves, therefore, may not guarantee food purchases, because global grain reserves are limited and declining. The formation and maintenance of large internal food grain reserves in China, common in its tradition and ancient history, seem the only realistic contingency planning strategy to avert famine in case of a severe decline in its food production in future crisis years. [source] INFLUENCE OF OSMOTIC DEHYDRATION ON THE VOLATILE PROFILE OF GUAVA FRUITSJOURNAL OF FOOD QUALITY, Issue 3 2008JORGE A. PINO ABSTRACT The effect of osmotic dehydration (OD) on the volatile compounds of guava fruits was studied. Osmotic treatments were carried out at atmospheric pressure, at continuous vacuum and by applying a vacuum pulse (5 min under vacuum and the remaining time at atmospheric pressure) at different temperatures (30, 40 and 50C) and times (1, 2 and 3 h). The volatile compounds of fresh and dehydrated samples were obtained by simultaneous distillation,extraction, and were analyzed by gas chromatography/mass spectrometry. In general, OD caused changes in the concentration of volatiles, depending on the process conditions. The use of lower temperatures and shorter treatment times can diminish the loss of volatiles with respect to the fresh samples. The greatest damage to volatiles loss is produced at 50C for up to 2 h under both pulsed and continuous vacuum. The lowest total volatiles loss occurred at 30 and 40C for up to 3 h under pulsed vacuum or atmospheric pressure. PRACTICAL APPLICATIONS Consumer demand for high-quality products with freshlike characteristics has promoted the development of a new category, minimally processed fruits and vegetables. Although these products present, as distinguishing features, simplicity in use and convenience, they generally perish more quickly than the original raw material because of tissue damage caused by mechanical operations. The use of osmotic dehydration process has been presented as a tool for the development of minimally processed fruits. The slight water activity reduction promoted by the process may provide stable products with good nutritional and sensorial quality and with characteristics similar to those of the fresh products. The application of minimal processing to tropical fruits can represent an interesting world market. Fruit flavor is an important quality factor that influences consumer acceptability, and for this reason, its study is relevant in the minimally processed food product. [source] Using farmer knowledge to combat low productive spots in rice fields of a Sahelian irrigation schemeLAND DEGRADATION AND DEVELOPMENT, Issue 4 2004P. J. A. van Asten Abstract In the oldest sections of Burkina Faso's largest irrigation scheme in the Sourou Valley (13°,10,,N, 03°,30,W) rice (Oryza sativa L.) yields dropped from about 5 to 6,t,ha,1 in the early 1990s, shortly after establishment of the scheme, to 2 to 4,t,ha,1 from 1995 onwards. Farmers blamed this yield decline on the appearance of 2 to 20,m diameter low productive spots. According to farmers and field measurements, the low productive spots decreased yields by 25,50 per cent. The low productive spots are caused by Zn deficiency. Low Zn availability is related to the very low DTPA-extractable Zn content of the soil (0·08,0·46,mg,kg,1), the alkaline-calcareous character of the soil, the non-application of Zn fertilizers, and a relatively large P fertilizer dose (21,kg,P,ha,1). Farmers were correct in relating the calcareous nature of the soil to the presence of the low productive spots. They were instrumental in identifying application of decomposed organic resources (e.g. rice straw at 5,t,ha,1) as a short-term solution that increases yields by 1·5 to 2·0,t,ha,1. Application of Zn fertilizer (10,kg,Zn,ha,1) in 29 farmer fields in the 2001 dry season eradicated the low productive spots and increased yields from 3·4 to 6·0,t,ha,1. Although application of Zn fertilizer is strongly recommended, it is not yet available in Burkina Faso. Based on a comparison of fertilizer prices on the world market and the local market, we expect that the use of Zn fertilizers will be highly profitable (cost/value ratio,,,2). Despite the relatively recent introduction of irrigated rice cropping, most farmers showed a good understanding of cropping constraints and possible solutions. Both farmers and researchers mutually benefited from each other's knowledge and observations. Copyright © 2004 John Wiley & Sons, Ltd. [source] Was Ökonomen lesen und schätzen: Ergebnisse einer UmfragePERSPEKTIVEN DER WIRTSCHAFTSPOLITIK, Issue 2 2001Michael Bräninger This paper summarizes the main results of a survey, which we conducted in May 2000 among German-speaking economists about their views on economics publications. Our results indicate that the world market for economics publications is not fully integrated across countries, but it appears to be at least partially segmented. Economics journals published in German-speaking countries appear to be relatively important for the work of German-speaking economists even though other journals have a better reputation among them. And although internationally reputed journals enjoy the highest reputation among German-speaking economists, domestic economic journals enjoy a higher reputation than would be justified according to international citation-based rankings. Especially older German-speaking economists tend to attach relatively high importance and reputation to domestic journals, while younger economists tend to favour international journals that focus on certain subfields of economics. [source] Working Through Tradition: Experiential Learning and Formal Training as Markers of Class and Caste in North Indian Block PrintingANTHROPOLOGY OF WORK REVIEW, Issue 2 2005Alicia Ory DeNicola Abstract Located about 40 kilometers west of Jaipur, India, Bagru is home to a nationally renowned cluster of about 100 artisan families who use wooden blocks and rely heavily on regionally manufactured natural dyes to hand print upscale boutique textiles for the world market. As printers have successfully entered into export markets, they have sold their products as "traditional," marking their commodities as distinct from mass-produced, screen-printed textiles made with chemical dyes in urban factories. At the same time, designers have played an important role in introducing these traditional products to a global market, marking their role as "innovative." In this article I argue that the articulation and practice of tradition and innovation within different works, then, serve to mediate and maintain class distinctions in an arena where a rising middle class is still self-consciously creating itself. This article explores the distinctive formal and experiential learning associated with tradition and innovation alongside the discourses that accompany them. What is implicitly at stake in this narrative is the construction and maintenance of a class distinction: one that borrows from local caste understandings of patronage and responsibility at the same time that it manages to negotiate local and global systems,both exploiting and being exploited by the consistently reconstructed boundaries of the market. [source] China's Penetration of the Korean Market: Stylized Facts and Welfare EffectCHINA AND WORLD ECONOMY, Issue 5 2010Kichun Kang F10; F14 Abstract China's penetration of the world market has been impressive. This paper uses highly disaggregated Korean import data (from 1992 to 2008) to examine China's penetration of the Korean market in the context of the composition of value (the extensive and intensive margins) and the product type (homogeneous and differentiated) in trade. The increase in Chinese imports has been attributed to the rapid increase in the import of new products (the extensive margin) and of existing products (the intensive margin). However, the growth rate of new products decelerated in the 2000s. The growth in the intensive margin was due to quantity, not price. Chinese imports to Korea did not improve over the period in terms of quality. Although Chinese products became cheaper, they were more differentiated over time. Welfare gains were realized through the expanded introduction of new products from China. However, much of the gains from Korea's Chinese product import boom were realized in earlier years (1992,2000) because even though imported products became more differentiated, the increase in the extensive margin was lower in more recent years (2001,2008). [source] "Face of the Brand": A design methodology with global potentialDESIGN MANAGEMENT REVIEW, Issue 4 2001Dannielle Blumenthal To cope with the multiplicity of world markets, Dannielle Blumenthal presents a strategy known as "face of the brand." In this approach, brand is less about a uniform message and logo and more about a distinctive competitive position expressed through a palette of images, colors, shapes, and language that can, without losing its global impact,be designed and adapted to suit the nuances of individual cultures and consumer preferences. [source] Export Processing Zones: Free Market Islands or Bridges to Structural Transformation?DEVELOPMENT POLICY REVIEW, Issue 2 2001Andrew Schrank Do export processing zones draw local manufacturers into world markets , and thereby engender broader market reform , by way of a ,demonstration effect'? The answer is likely (i) to be determined, not in the EPZ, but in the host country's national customs area, and (ii) to vary systematically with the size of the relevant market. While manufacturers from large economies are able to compete in world markets, and are therefore susceptible to the demonstration effect, their counterparts from small economies are unable to do so, and are therefore intractable. Thus, the nature of the EPZ life-cycle, like the legacy of import-substituting industrialisation, is in no small measure a function of market size. [source] Tocotrienols and cancer: Beyond antioxidant activityEUROPEAN JOURNAL OF LIPID SCIENCE AND TECHNOLOGY, Issue 4 2007Kalanithi Nesaretnam Abstract The edible oil industry has emerged as an important provider of raw material for the extraction of vitamin,E. Vegetable oils, especially the seed oils, are rich sources of tocopherols. However, in palm oil, vitamin,E occurs as a complex mixture of tocopherols and tocotrienols. Various tocotrienol isomers of vitamin,E in palm oil have been reported to possess interesting biological and physiological properties not generally evident with tocopherol-rich vitamin,E preparations. They include potential blood cholesterol-lowering and cardioprotective effects, more efficient antioxidant activity in biological systems, and possible anti-cancer and neuroprotective effects. With the emergence of palm oil as the largest edible oil in world markets, technology is now available to extract tocotrienol-rich palm vitamin,E. Initiatives in Malaysia to manufacture biodiesel will further generate large amounts of micronutrients, especially tocotrienols, to be available to the nutraceutical and functional food industry. [source] Multilateral Trade and Agricultural Policy Reforms in Sugar MarketsJOURNAL OF AGRICULTURAL ECONOMICS, Issue 1 2006Amani Elobeid Q18; F10 Abstract We analyse the impact of trade liberalisation, removal of production subsidies and elimination of consumption distortions in world sugar markets using a partial-equilibrium international sugar model calibrated on 2002 market data and current policies. The removal of trade distortions alone induces a 27% price increase while the removal of all trade and production distortions induces a 48% increase in 2011/2012 relative to the baseline. Aggregate trade expands moderately, but location of production and trade patterns change substantially. Protectionist Organisation for Economic Co-operation and Development (OECD) countries (the EU, Japan, the US) experience an import expansion or export reduction and a significant contraction of production in unfettered markets. Competitive producers in both OECD countries (Australia) and non-OECD countries (Brazil, Cuba), and even some protected producers (Indonesia, Turkey), expand production when all distortions are removed. Consumption distortions have marginal impacts on world markets and the location of production. We discuss the significance of these results in the context of mounting pressures to increase market access in highly protected OECD countries and the impact on non-OECD countries. [source] SENSORY DESCRIPTIVE ANALYSIS, SENSORY ACCEPTABILITY AND EXPECTATION STUDIES ON BISCUITS WITH REDUCED ADDED SALT AND INCREASED FIBERJOURNAL OF SENSORY STUDIES, Issue 4 2009MARISA BEATRIZ VÁZQUEZ ABSTRACT The aims of this study were to formulate biscuits with 50% more fiber and 50% less added salt than classic formulations, to describe their sensory characteristics, to measure expectation/sensory acceptability, and to investigate if sensory acceptability for these biscuits was related to the interest in consuming food products with less salt and/or more fiber content. A 2 × 2 factorial design was used to develop four formulations: conventional fiber/conventional salt; conventional fiber/reduced salt; increased fiber/conventional salt; and increased fiber/reduced salt. Differences in the sensory profiles measured by a trained panel were of low magnitude, except for presence and taste of bran. Adolescent and adult consumers evaluated acceptability in three stages: blind with three-digit codes; expectation of the label only; and biscuit + label. The low salt formulations received the lowest scores in the expectation stage, but in the blind and biscuit + label stages acceptability of all formulations was similar. The variables that explained overall acceptance were: measurement stage; formulation salt level; interest in reducing consumption of high salt foods; and interest in consuming bakery products with fiber. PRACTICAL APPLICATIONS Increasing fiber content of biscuits by 40 to 50% helps achieve recommendations to increase fiber intake in daily diets. Also, as biscuits currently on the Argentine and other world markets present two extreme varieties , with or without added salt , formulating a biscuit with 50% less added salt facilitate sodium reduction. In our research we have found that these goals can be achieved without seriously affecting sensory acceptability. We propose the articulation of the necessary strategies with the food industry to market biscuits with less added salt and more fiber for the general population; and the use of these healthier biscuits by institutional food services. [source] China's Dilemma: Invest at Home or in US StimulusNEW PERSPECTIVES QUARTERLY, Issue 2 2009XU KUANGDI As the global financial crisis emanating from the United States shuts down world markets, can globalization survive? Will the resurgent intrusion of the state,and thus politics,into the market lead to protectionism and collapse, as was the case in the early 20th century? Or will the new interconnectivity of climate change and mutual economic dependence,especially between China and the US,deepen global links? The former mayor of Shanghai, legendary Nobel economist Paul Samuelson and Third Way guru Anthony Giddens ponder those questions in this section. [source] Has the Financial Crisis Killed Consumerism?NEW PERSPECTIVES QUARTERLY, Issue 2 2009JAMES HOWARD KUNSTLER As the global financial crisis emanating from the United States shuts down world markets, can globalization survive? Will the resurgent intrusion of the state,and thus politics,into the market lead to protectionism and collapse, as was the case in the early 20th century? Or will the new interconnectivity of climate change and mutual economic dependence,especially between China and the US,deepen global links? The former mayor of Shanghai, legendary Nobel economist Paul Samuelson and Third Way guru Anthony Giddens ponder those questions in this section. [source] China rose (Hibiscus rosasinensis) petals: a potent natural carotenoid source for goldfish (Carassius auratus L.)AQUACULTURE RESEARCH, Issue 11 2007Archana Sinha Abstract Goldfish (Carassius auratus) are in demand in world markets due to their attractive golden colour. Carotenoids are the primary source of colour in the skin of fish. To optimize the colour in captivity, fish must obtain an adequate level of carotenoids in their feed. With this objective, four natural colour enhancers were tested. A common batch of feed was divided into five equal portions and colour ingredients, spirulina (D-S), china rose petals (D-C), marigold petals (D-M) and Lactobacil, a commercial probiotic (D-L), were added at 5 mg kg,1 to four portions of feed; one portion (D-O) was kept as a control without any additive. A feeding trial was conducted for 8 weeks. Each 70 L aquarium was stocked with 10 fish (average weight 1.6 g) and feed was given at 5% of the body weight. Growth rate, survival, biochemical composition and pigmentation in the skin of fish were measured. Histological studies of gonads were also conducted. Growth of fish in different treatments was significantly different. There was no difference in the proximate composition of the fish at the start of the experiment but after 8 weeks of feeding, fish fed the diet supplemented with china rose petals had a lower moisture content (70.48%) and higher protein (17.7%) and lipid (5.25%) levels than the group fed the control diet. Pigmentation was the highest (4.01 ,g g,1) in D-C, followed by D-M (3.16 ,g g,1), D-S (2.92 ,g g,1) and D-L (2.84 ,g g,1) and the lowest (0.24 ,g g,1) in D-O. Gonad development of fish fed with the D-C diet was better compared with the gonads of control (D-O) fish, followed by D-M-, D-L- and D-S-fed fish. Gonads of fish, fed D-C, showed well-marked changes in the testis where a large number of seminiferous tubules bound together by means of a thin layer of connective tissue were observed. These tubules were highly convoluted and were separated from each other by thin connective tissue stroma. The intra space contained connective tissue, blood capillaries and interstitial cells. The spermatogonia could be seen as a large spherical cell containing a large central nucleus with a distinct nucleolus. The study shows that the china rose (Hibiscus rosasinensis) petal is a potent natural carotenoid source for goldfish to enhance its colour and also accelerate gonadal development. [source] Government perspective, statutory protection and the direction of future research and co-operation in the context of the marine environmentAQUATIC CONSERVATION: MARINE AND FRESHWATER ECOSYSTEMS, Issue 1 2002T.W. Eggeling Abstract 1.The Falkland Islands Government is proud of the successful development of its commercial fishery and sees no reason why it should not continue to be managed in a responsible and sustainable way. However, it recognizes that the fishery is vulnerable to over-fishing, changes in the migration patterns of the principal commercial species and the health of world markets. 2.To widen its economic base, the Falkland Islands Government is seeking to promote farm diversification and eco-tourism, to further develop its commercial fishery, and to encourage offshore oil exploration and development in areas under its jurisdiction. 3.It recognizes the value and importance of its wildlife populations and habitats but sees no reason why economic development and environmental protection should be mutually exclusive, provided that suitable measures are adopted to control development and protect the environment, a precautionary approach is applied, all potential risks to the environment are carefully assessed and remedial measures taken to avoid or minimize any adverse impacts. Extensive new legislation has already been enacted, baseline survey work undertaken and further environmental research commissioned. 4.The Government accepts that additional wildlife habitats and populations need to be afforded environmental protection through designation as National Nature Reserves (NNR) and Marine Nature Reserves (MNR) and thereafter managed effectively. It recognizes that much more environmental research needs to be carried out and, to that end, is willing to seek expert guidance on the future direction of that research, to co-operate with other governments or organisations in the carrying out of that research and to contribute financially to further environmental research in and around the Falkland Islands. Copyright © 2002 John Wiley & Sons, Ltd. [source] Trade, Investment and Economic Interdependence between South Korea and China,ASIAN ECONOMIC JOURNAL, Issue 4 2006Joon-Kyung Kim F10; F21 The Korean economy has been significantly affected by the emergence of China. It is now the largest market for Korean exports and a major supplier of its low-cost imports but has at the same time become a serious challenger to Korea in the world markets for manufacturing exports. This paper investigates changes in China's export structure and its effect on Korea, and bilateral trade between the two. It also examines the motives for Korean investment in China and its effect on bilateral trade and cross-border production networks. [source] Risk and Return in the 20th and 21st CenturiesBUSINESS STRATEGY REVIEW, Issue 2 2000Elroy Dimson The single most important contemporary issue in finance is the equity risk premium. This drives future equity returns, and is the key determinant of the cost of capital. The risk premium , the expected reward for bearing the risk of investing in equities, rather than in low-risk investments such as bills or bonds , is usually estimated from historical data. This article starts by summarising new evidence on historical returns in twelve major world markets from the authors' recent book, ,The Millennium Book: A Century of Investment Returns'. The authors show that the historical equity risk premium has been lower than previously believed, and argue that the future risk premium is likely to be lower still. They discuss what this implies for the cost of capital, stock market values, and companies' target rates of return. They suggest that many companies are seeking too high a rate of return and thus run the risk of under-investing. [source] The Chinese Enigma: Impacts of WTO Accession Upon Canadian and U.S. Exports and ImportsCANADIAN JOURNAL OF AGRICULTURAL ECONOMICS, Issue 4 2000Xiao-Yuan Dong China's accession to the World Trade Organization (WTO) is an important milestone in the integration of this nation into the world economy. Substantial reduction in trade barriers by China, one of the world's largest and most rapidly growing economies, is expected to have a significant impact, both on China itself and on the global economy. In assessing likely impacts on trade between China and North America of China joining the WTO, a priori one might expect new opportunities for China in labor intensive activities/products, while for the United States and for Canada one might expect added export market opportunities, as China grows, in activities/products that require land, resources and capital. However, the extent to which China and its trading partners will benefit from China's increasing integration into the global economy will largely depend on the internal changes in policy and infrastructure that may be adopted by China. China has embarked on a process of economic reform, but the speed and extent to which this continues to be pursued will affect this nation's ability to capitalize on its comparative advantages and to meet new challenges that are associated with the opportunities of access to a larger market. The difficulty of forecasting such internal changes means that China continues to be a major source of uncertainty in projecting world markets and trade flows. This uncertainty is particularly evident for trade in agricultural products [source] Molecular Pharmacodynamics, Clinical Therapeutics, and Pharmacokinetics of TopiramateCNS: NEUROSCIENCE AND THERAPEUTICS, Issue 2 2008Richard P. Shank Topiramate (TPM; TOPAMAX®) is a broad-spectrum antiepileptic drug (AED) that is approved in many world markets for preventing or reducing the frequency of epileptic seizures (as monotherapy or adjunctive therapy), and for the prophylaxis of migraine. TPM, a sulfamate derivative of the naturally occurring sugar D-fructose, possesses several pharmacodynamic properties that may contribute to its clinically useful attributes, and to its observed adverse effects. The sulfamate moiety is essential, but not sufficient, for its pharmacodynamic properties. In this review, we discuss the known pharmacodynamic and pharmacokinetic properties of TPM, as well as its various clinically beneficial and adverse effects. [source] Networks, firms and upgrading within the blue-jeans industry: evidence from TurkeyGLOBAL NETWORKS, Issue 1 2007NEBAHAT TOKATLI Abstract Since the late 1980s, industry characteristics, country-specific contingencies and international conditions have come together and turned Turkey into a major exporter of jeans. It now has a 6.5 per cent share of the world's market. In this article, I explore this transformation and point out that it has created, especially in the 1990s, significant upgrading opportunities for Turkish firms. A large number of Turkish manufacturing firms are now full-package contractors for a diversified list of brand-name jeans. Some of these manufacturers are also experimenting with functional upgrading by developing their own brands and selling them abroad. Local firms, despite their subordinate position in the value chain, can go beyond low value-added manufacturing and encroach on the core competencies of lead firms. [source] | ||||||||||||||||||||||