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The Impact of Inflation on Financial Activity in Business, with Applications to the U.S. Farming Sector
This important book contributes significantly to our understanding of financial analysis in an inflationary environment. Major topics covered include the interest charges on working capital, the effect of debt finance on liquidity, the impact of inflation on tax liability resulting from interest on loans, and income measurement with a special emphasis on performance evaluation.
Microfinance Handbook
The purpose of the 'Microfinance Handbook' is to bring together in a single source guiding principles and tools that will promote sustainable microfinance and create viable institutions.
Development Finance Institutions
The purpose of the measurement of the social cost of subsidised development finance institutions (DFIs) is to see if the social benefit exceeds the social cost. In most cases, it is so expensive to measure social benefits that a full-blown social cost-benefit analysis cannot be done. The measurement of social costs, however, is not as expensive, and it can inform choices of how to spend public funds. This paper presents two measures of social cost. The first is the Subsidy Dependence Index (SDI) that can measure social cost in short time frames. The second measure is the net present cost of society (NPCS), which can measure social cost in any time frame. Both the SDI and the NPCS model shift the emphasis from prices paid to opportunity costs.
Technology, Regions, and Policy
Technology, Regions, and Policy examines the links between technological change, regional development, and government policy. This timely book provides a synthesis of recent scholarship-the results of original research projects carried out by a distinguished group of academics. It explores the complex questions of how high-technology areas develop, the factors influencing the spread of industrial technology, and the impact of technological change on labor creation and displacement.
