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The authors find that raw materials inventories in the manufacturing sector in the 1970s and 1980s were two to three times higher in developing countries than in the United States, despite the fact that in most developing countries real interest rates were at least twice as high. Those significantly high levels of inventories are a burden and an obstacle to country competitiveness and need to be addressed. Poor infrastructure and ineffective regulation, as well as deficiencies in market development, rather than the traditional factors used in inventory models (such as interest rates and uncertainty), are the main determinants and explain these differences. Cross-country estimations show that a one standard deviation worsening of infrastructure increases raw materials inventories by 11 percent to 37 percent, and a one standard deviation worsening of markets increases raw materials inventories by 18 percent to 37 percent. These findings are robust across a number of different proxies and specifications, including an industry-level specification that controls for fixed country effects.
Forest inventories throughout the world have evolved gradually over time. The content as well as the concepts and de?nitions employed are constantly adapted to the users’ needs. Advanced inventory systems have been established in many countries within Europe, as well as outside Europe, as a result of development work spanning several decades, in some cases more than 100 years. With continuously increasing international agreements and commitments, the need for information has also grown drastically, and reporting requests have become more frequent and the content of the reports wider. Some of the agreements made at the international level have direct impacts on national economies and intern...
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Hidden under a small suburban town, the Inventory is a collection of the most incredible technology the world has NEVER seen: invisible camouflage, HoverBoots, indestructible metals, and the deadly war robot Iron Fist. Dev's uncle, Charlie Parker, is the Inventory's mild-mannered curator, with security provided by Eema, a beyond-state-of-the-art artificial intelligence system. But security is catastrophically breached when Lot and Mason from school turn up unexpectedly and, hot on their heels, a ruthless gang of thieves working for the Collector and the Shadow Helix organization. If the thieves succeed in their goal to seize the Iron Fist, Dev, his friends, and the world are in a whole heap of trouble.
John Pawson's career as an architect and designer spans a variety of sizes and programs: from bowls to bridges, and monasteries to Calvin Klein stores. In addition to his acclaimed design work, he is the author of Phaidon's successful Minimum, a book that paired images and captions to illustrate the notion of simplicity in a beautiful and inspirational manner. Visual Inventory presents some of the images from Pawson's personal collection of over 200,000 digital snapshots. The book opens with an essay explaining the importance of photography as a tool for Pawson's work, and the images are set one per page with illuminating captions. Covering a huge range of subjects, the photographs form a re...
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