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Traditional economic theory regards the social costs of monopoly as the reduction in both consumer and producer surplus as a result of monopolization of certain sectors of the economy. Recent research has shown that a proper accounting of the social costs of monopoly must include the costs of...
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Many studies have attempted to identify the factors that contribute to the institutionalization of democracy in Africa. Two of the most important of these factors are a robust civil society, and a democratic culture nurtured and supported by widespread dissemination of information, a free and...
Persistent link: https://www.econbiz.de/10012956576
In the summer of 2008, the Utah Supreme Court addressed the scope of the public's easement in state waters. Specifically, the Court determined “whether the easement, which allows the public to engage in recreational activities in state waters, also allows the public the right to touch the...
Persistent link: https://www.econbiz.de/10012956580
This paper examines the struggle in Africa to alleviate and eventually eradicate poverty. It is argued that the most effective way for African countries to deal with poverty is to create wealth. Unfortunately, these countries have not been able to create the wealth that they need to confront...
Persistent link: https://www.econbiz.de/10012956582
Corruption is one Africa's most intractable problems. The article critically analyzes the role that international law can play in helping African countries more effectively deal with corruption, especially that which concerns the bribery of the continent's public officials. International law can...
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