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"The authors compare the two merger control systems currently employed worldwide: a mandatory system based on merger size threshold and a voluntary system with ex-post monitoring and fines. The voluntary system possesses two informational advantages: (i) the enforcement agency employs more...
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Pastoralists' indigenous knowledge (IK) about ecology and social organization led to rangeland-management strategies appropriate to deal with the erratic rainfall in African drylands. Herd mobility was traditionally practiced as the key strategy to make use of the scattered rangeland resources...
Persistent link: https://www.econbiz.de/10012555849
Climate change is one of the main challenges for pastoralists. Studies have found statistically significant links between climate and cattle populations. Pastoralism is becoming an increasingly precarious livelihood. The World Bank and the Intergovernmental Authority on Development (IGAD) have...
Persistent link: https://www.econbiz.de/10015113213
Cattle are one of the main instruments for economic (e.g., milk, meat, and cattle sale) and social (e.g., marriage, death, dispute settlement, and gift giving) exchange in Uganda. They serve as the main source of livelihood for a large majority of rural Ugandans, especially in the cattle...
Persistent link: https://www.econbiz.de/10012247549
costs and provisioning for loan losses remain high compared to some other economies. Profitability of the aggregate banking …
Persistent link: https://www.econbiz.de/10012560002
"The authors use a sample of 147 countries to investigate the link between democracy and reforms. Democracy may be conducive to reforms, because politicians have the incentive to embrace growth-enhancing reforms to win elections. By contrast, authoritarian regimes do not have to worry as much...
Persistent link: https://www.econbiz.de/10011394129
"The Subprime crisis largely resulted from failures to internalize systemic risk evenly across financial intermediaries and recognize the implications of Knightian uncertainty and mood swings. A successful reform of prudential regulation will need to integrate more harmoniously the three...
Persistent link: https://www.econbiz.de/10011394136
"Market-oriented economic policies-reflected in limited economic activity by government, protection of private property rights, sound monetary policy, outward orientation regarding trade and efficient tax and regulatory policy-have been strongly linked to faster rates of economic growth. Foreign...
Persistent link: https://www.econbiz.de/10010522642
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