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Macroeconomic Policy Reforms and Agriculture
This report investigates the income and equity effects of macroeconomic policy reforms in Zimbabwe, emphasizing linkages between macroeconomic policies and agricultural performance and agriculture's influence on aggregate income and its distribution. Analyses focus on reform of the foreign trade regime, public expenditure, and tax policy, along with the potential benefits of combining these structural changes with various land reform scenarios. The study uses a CGE model that provides a policy simulation laboratory in which exogenous policy changes are analyzed for their economywide income and equity effects.The report highlights the need for policy complementarities in Zimbabwe that can contribute to equitable growth. It should be of interest not only to those concerned with recent economic developments in Zimbabwe but also to those concerned with the broader issues of macroeconomic reform and its ultimate effects.
Competing for Excellence in Architecture
A travel guide for those in search of architectural quality, this book can be browsed in many ways. Written in a clear and concise manner by about thirty authors, it features a collection of editorials from the Canadian Competitions Catalogue (CCC), a large online digital archive open to the public since 2006. The editorials explore more than sixty Canadian architecture competitions held in the last seventy years. Especially in recent years, both public and private institutions have organized competitions across Canada, producing hundreds of architectural, urban planning, and landscape design projects. Together these proposals, most of which remain unbuilt, constitute a fantastic treasure in our tangible and intangible common heritage. Given that competition organizers, designers, juries, and critics never operate alone, there is no doubt whatsoever that this book results from the collaboration of a myriad of people, contributing to and competing for excellence in architecture. Includes 497 illustrations and analytical tables.
Market Institutions, Transaction Costs, and Social Capital in the Ethiopian Grain Market
This report addresses the overarching question regarding the role of institutions in enhancing market development following market reforms. It uses the New Institutional Economics framework to empirically analyze the role of a specific market institution, that of brokers acting as intermediaries to match traders in the Ethiopian grain market in reducing the transaction costs of search faced by traders. Brokers play a key role in facilitating exchange in a weak marketing environment where limited public market information, the lack of grain standardization, oral contracts, and weak legal enforcement of contracts increase the risk of contract failure. Relying on primary data, it analyzes traders' microeconomic behavior, social capital, the nature and extent of their transaction costs, and the norms and rules governing the relationship between brokers and traders.The study uses an innovative approach to quantify the costs of search and demonstrates that the brokerage institution is economically efficient both for individual traders and for global economic welfare.
Participation of Local People in Water Management: Evidence from the Mae Sa Watershed, Northern Thailand
In the early 1990s, Thailand launched an ambitious program of decentralized governance, conferring greater responsibilities upon sub-district administrations and providing fiscal opportunities for local development planning. This process was reinforced by Thailand's new Constitution of 1997, which explicitly assures individuals, communities and local authorities the right to participate in the management of natural resources. Drawing on a study of water management in the Mae Sa watershed, northern Thailand, this study analyzes to what extent the constitutional right for participation has been put into practice. To this end, a stakeholder analysis was conducted in the watershed, with a focus ...
