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This paper examines the promise and challenge of infrastructure privatization in sub-Saharan Africa, with particular emphasis on power, telecommunications, water, rail, ports and airports. The paper places primary emphasis on mobilizing private investment in infrastructure. To realize the potential of infrastructure privatization in sub-Saharan Africa, four main challenges must be addressed: a) concerns over market size, affordability and payment risks; b) establishing adequate legal and regulatory frameworks; c) dealing with non commercial risks; and d) mobilizing local finance. The paper examines these four areas and gives elements of a future strategy for the World Bank Group.
The rural economy's contribution to development: summary of findings and policy implications; The rural contribution to development: analytical issues; The rural contribution to development: policy issues.
During the first three decades following the Second World War, an increasingly open international trading system led to unprecedented economic growth throughout the world. But in recent years, that openness has been threatened by increased protectionism, regional trading arrangements—Europe 1992 and the U.S.-Canada Free Trade Agreement—and setbacks in negotiations on the General Agreement on Tariffs and Trade. In Trade and Protectionism, American and East Asian scholars consider the dangers of this trend for the world economy and especially for East Asian countries. The authors look at the current global trading system and at the potential threats to East Asian economies from possible re...
In this book contributors from various scholarly backgrounds interpret past trends in world food trade, aid and security and propose new policy options for the 1990s. They address the problems facing the distribution of global economic growth and trade between industrialized and developing countries while exploring the effects that supply, demand, assistance programmes, foreign aid and other policy variables have on the evolving world trade and food system. This book should prove of interest to a range of scholars and policymakers dealing with food, health, human rights, Third World development, agricultural economics, international political economy and trade policy.
Latin America: It's Future in the Global Economy is a timely contribution to the effort to meet the complex challenges entailed in Latin America's increasing participation in world markets. Taking into account the recent changes in the region and a future WTO conference, twelve economists and two international trade lawyers provide a framework for the analysis of trade negotiations by identifying key points of disagreement among trading partners, and discuss controversial issues such as the environment, labour and agriculture, exceptional protection, investment, services, e-commerce and the efficiency of the dispute settlement mechanism. The contributors identify the optimum approach for Latin America to take in protecting its interests and enhancing its advantages in global trade, and assess the various tools that negotiators might use during the forthcoming round of multilateral negotiations. They make concrete recommendations concerning trade strategy, policy, implementation and management together with suggestions as to how Latin America and other developing countries can increase their bargaining power in order to deal with new circumstances as they arise.
The research published here constitutes a profound reflection on what is taking place in the world of agriculture at the threshold of the year 2000. The book attempts to go beyond a narrow sectoral analysis of the primary sector. It sets out to focus instead on the dynamic and innovative aspects of the agrotechnological system constituted by the complex interdependence of the agro-production, agro-food, agro-industrial and agro-ecological subsystems. The authors, internationally renowned scholars and scientists, tackle the most pressing contemporary economics issues from both a theoretical and policy-making standpoint. Three different lines of research are pursued concerning, first, the evolution and trends of world and European agricultural production, second, agricultural surplus formation and productivity dynamics in the economies of industrialized countries, and, lastly, the destination of agricultural outputs and land allotment under the impact of agro-bio-technologies.