Increased emphasis on environment, increased faith in private sector forests rather than government‐owned plantations, and improved techniques for tree growing have led to changes in reforestation policies, particularly in timber‐importing countries. Farm and community forestry has become...

Examines the economic factors that influenced chemical based agriculture in Australia and the adverse environmental effects of agrochemicals. Reports how technological change, government policies and institutions affected the environment through chemicals. Discusses the effectiveness of...

Reviews past and present research into the role of information as a public good and states that progress in thinking has not kept pace with events that led the New York Times to label the 1980s as “when information accelerated”. Argues that a new perspective on the role of information in the...

The effects of ageing on incomes, taxes, social protection and labour productivity will be important considerations in Singapore’s future economic policy, while posing strong challenges for the country, which has become more global in outlook. This paper briefly discusses some of these...

Amongst the major development problems facing many of the developing countries is the increasing levels of poverty and income inequality. Economic growth in the 1950s, 1960s and 1970s was seen as a panacea for reducing poverty. While the key to development progress is still achieving economic...

The conclusion of this paper is that market prices fail to reflect the information required to provide meaningful accounting measurements that are used in real‐life decision making. This failure is due to the employment of an “ideal” economic world’s assumptions that do not, and cannot,...

In this article, first, we show how equity considerations, in the guise of inequality of income, enters into a social welfare function. In this connection the important properties of a social welfare function are also discussed. Second, contrary to the popular belief, we contend that the degree...