Binding constraints to productive investment in Malawi: A modified HRV framework

This paper highlights the importance of measuring poverty through a multitude of approaches. This paper also discusses the current economic condition of Nepal using indices that emphasize financial aspects as well as by using indices that go beyond commercial elements. The overarching goal of this paper is to provide a comprehensive understanding of the state of poverty and economic development in Nepal. Based on the findings of this paper, the author finds access to cooking fuel, proper floor, sanitation, education facilities, and adequate nutrition to be the binding constraints on Nepal’s developmental aspirations. Targeted investment in these areas will certainly help to reduce widespread poverty.Int. J. Soc. Sc. Manage. Vol. 5, Issue-1: 43-45

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Optimal harvesting for a single-species population governed by Gompertz law: Influence of environmental fluctuation and limited harvesting capacity

International Journal of Biomathematics ◽

10.1142/s1793524519500189 ◽

2019 ◽

Vol 12 (02) ◽

pp. 1950018

Author(s):

P. D. N. Srinivasu ◽

Simon D. Zawka

Keyword(s):

Control Variable ◽

Optimal Solution ◽

Single Species ◽

Optimal Harvesting ◽

Environmental Fluctuation ◽

Gompertz Equation ◽

Species Population ◽

Gompertz Law ◽

Binding Constraints ◽

Single Species Population

This work presents an optimal harvesting problem associated with a single-species population governed by Gompertz law in a seasonally fluctuating environment. The influence of environmental fluctuation is accommodated by choosing the coefficients in the differential equation to be periodic functions with the same period and restriction on the harvesting effort is accommodated by considering binding constraints on the control variable. Hence, a linear optimal control problem has been considered where the state dynamics is governed by Gompertz equation and the control variable is subject to the binding constraints. With the help of maximum principle and the concept of blocked intervals, an optimal periodic solution has been obtained which is followed by the construction of optimal solution using the theory of most rapid approach. Important results of the study are demonstrated through numerical simulations.

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Further results on Lagrange multipliers with several binding constraints

Economics Letters ◽

10.1016/s0165-1765(00)00390-6 ◽

2001 ◽

Vol 70 (3) ◽

pp. 335-340 ◽

Cited By ~ 4

Author(s):

Michael R. Caputo

Keyword(s):

Lagrange Multipliers ◽

Binding Constraints

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Social knowledge and international policymaking at the World Bank

Progress in Development Studies ◽

10.1177/146499340900900404 ◽

2009 ◽

Vol 9 (4) ◽

pp. 297-310 ◽

Cited By ~ 3

Author(s):

John Toye

Keyword(s):

World Bank ◽

International Organizations ◽

Poverty Reduction ◽

Social Knowledge ◽

The World Bank ◽

The World ◽

Public Bureaucracy ◽

Binding Constraints

The production of social knowledge in all international organizations is problematic because all are public bureaucracies. The World Bank provides a case study of the problems of managing in-house research in an international public bureaucracy. Not only are there managerial constraints on what the Bank is willing to publish, but the binding constraints on publication evolve. The evolution in managerial objectives at the Bank in recent years and the factors that have influenced shifts in its rhetoric and policy are examined. Are these adjustments merely rhetorical? Recent research on poverty reduction, governance and conditionality is discussed to gauge how far the Bank has moved.

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