DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...

DEVELOPMENT IS THE MOST IMPORTANT CHALLENGE FACING THE HUMAN RACE BUT THE PROCESSES DRIVING ECONOMIC DEVELOPMENT ARE BY NO MEANS FULLY UNDERSTOOD. HOWEVER, THE CORE CHALLENGE FOR DEVELOPMENT IS TO ENSURE PRODUCTIVE WORK AND A BETTER QUALITY OF LIFE FOR ALL THE PEOPLE OF THE WORLD. THIS CHALLENGE...

This paper shows the differences between how benefits are estimated and how they are distributed, calls attention to the policy variables that are crucial in explaining certain distributional outcomes, explores the importance of looking at the demand for characteristics when trying to benefit...

In the Weighted Average Cost of Capital (WACC) applied to the free cash flow (FCF), we assume that the cost of debt is the market, unsubsidized rate. With debt at the market rate and perfect capital markets, debt only creates value in the presence of taxes through the tax shield. In some cases,...

This paper reviews two common definitions of poverty targeted projects, discusses the limitations of poverty targeting classifications, calls for a poverty focused cost-benefit analysis that looks at the main policy constraints affecting the distribution of project benefits, and argues for...

The paper addresses the “spatial” structure of agriculture in Poland whose spatial development is analysed from the beginning of the transition towards a market economy up until the country’s forthcoming accession to the EU and the correlated implementation of the Common Agricultural...

Estonia is one of the most rapidly developing information societies in Central and Eastern Europe. Still, 61% of the Estonian adult population does not use the Internet. The analysis, carried out by the research company Emor and PRAXIS Center for Policy Studies, looked thoroughly at the reasons...

Globalization has a concrete territorial expression, with remaining regional asymmetries. Writers in growth and development are far away to achieve consensus about the underpinning reasons of heterogeneity in regional performance. This constitutes an important regional policy issue. This paper...

L’obiettivo del presente lavoro è quello di sottolineare la necessità e l’utilità dei distretti rurali ed agroindustriali, sia per la valorizzazione turistica della Sicilia, che per il mantenimento della capacità produttiva ed il superamento delle ridotte dimensioni aziendali, ed anche...