Weather Derivatives A Need for Indian Farmers?

2016 ◽  
Vol 4 (1) ◽  
Author(s):  
Prantik Ray
Keyword(s):  
Low Cost ◽  
Good Deal ◽  
Developed Countries ◽  
Drought Risk ◽  
Weather Derivatives ◽  
New Class ◽  
Weather Sensitivity ◽  
Agriculture Risk ◽  
The Developed Countries ◽  
Weather Insurance

Weather affects the performance of many industries/sectors. The notable examples are agriculture and energy. The weather sensitivity sometimes results in huge financial losses. Financial engineering thus came up with solutions like weather insurance and weather derivatives. Weather Insurance products have been targeted at and sold to the farmers of India – but the success of these remains questionable. The reason for the failure could be attributed to lack of clarity/awareness about the product, infrastructural issues and inherent issues with the category of insurance products. Weather derivatives, in comparison, are a new class of products. Though, they are virgin to Indian soil, these have been successful abroad. Weather derivatives are regarded a better, low-cost, sustainable alternative system of agriculture risk management. These contracts can be designed with good deal of flexibility to help farmers manage drought risk by making a payment when rainfall in a given period goes below a certain pre-agreed level. Besides the developed countries, these contracts are already in operation in some developing countries, too, for instance, Morocco, Mexico, Ukraine, Mangolia, and Romania due to their numerous advantages. The derivatives cover events with highly probability or low risk– which insurance does not cover. Also, the problems of adverse selection and moral hazard are not seen in derivatives. This paper aims to compare and contrast the concepts of weather insurance and weather derivatives. Taking a cue from the episode of weather insurance, the article suggests ways that might lead to the success and widespread acceptance of weather derivatives in India.

scholarly journals Aspek Hukum Import Sampah Plastik

BESTUUR ◽  
2019 ◽  
Vol 7 (2) ◽  
pp. 41
Author(s):  
Solikah Ana Estikomah
Keyword(s):  
Law Enforcement ◽  
Low Cost ◽  
Public Awareness ◽  
Sewage Treatment ◽  
Hazardous Materials ◽  
Developed Countries ◽  
Literature Study ◽  
Poor Countries ◽  
The Developed Countries ◽  
The Cost

<p><em>Indeveloped countriesbannedtoxic waste began to be recorded afterproved disastrous. In addition there isa gap for the cost of treating waste </em><em>plastic</em><em> in the developed countries anddeveloping countries. The high cost ofwastewater treatmentin </em><em>plastic</em><em> developed countries in part due to the high cost of compliance and strict law. In contrast, the low cost sewage treatment </em><em>plastic </em><em> in developing countriesdue to the lack of law enforcement. On the other hand, as a result of the construction waste requires complextechnology for processing and finaldisposal of hazardous materials is increasingly narrows with increasingawareness of the importance ofenvironmental protection. Waste-producing countries </em><em>plastic </em><em> and then look for the easiestand cheapest way to dispose of waste. Poor countries thatare developing targeted for regulation lingkungannnyastill weak. The existence of import export </em><em>plastic </em><em> waste between advanced and developing countries may be said to have lastedlong enough for the re-emergence of international public awareness of thedangers of pollution is industrial waste.</em> <em>The analysis research was conducted in a juridical-normative manner based on literature study</em></p><p><em></em><strong>Keywords</strong>: <em>Waste, </em><em>law, plastic, import</em></p><p> </p>

Evolution of Low Technology Waste Water Disposal in the Developed Countries and Its Implication for the Developing Nations

1986 ◽  
Vol 18 (7-8) ◽  
pp. 59-62
Author(s):  
Robert W. Seabloom ◽  
Dale A. Carlson
Keyword(s):  
Developing Countries ◽  
Drinking Water ◽  
Low Cost ◽  
Developed Countries ◽  
Developing Nations ◽  
Safe Water ◽  
Lofty Goal ◽  
The Developed Countries ◽  
Sanitation Systems ◽  
Developed Nations

The majority of people in developing countries are without reasonable access to safe drinking water and are forced to live without proper sanitation. This lack of safe water and poor sanitation is the major cause of untold misery, disability, disease and death. The United Nations declared the 1980's as the “International Drinking Water Supply and Sanitation Decade” with the lofty goal of safe water and adequate sanitation for all by 1990. Realizing it required about 150 years for sanitation systems to evolve in the developed nations, it is important that the developing nations learn from their mistakes. The future sanitation systems for developing countries must use appropriate low cost technologies, rather than the conventional high cost water carriage sewerage technology of the developed nations. These low cost solutions when properly sited, designed, constructed and maintained are no less prestigious and as the overall environmental impacts become understood are in many instances the preferred solution.

scholarly journals The relationship between the corporate social responsibility and the cost of the capital of the companies listed on the Nigerian stock exchange

2021 ◽  
Vol 23 (3) ◽  
pp. 277-292
Author(s):  
Nyore Ofogbe ◽  
Chidiebere Nnamani ◽  
Chika Anisiuba ◽  
Charity Ezuwore-Obodoekwe
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Exchange ◽  
Low Cost ◽  
Developed Countries ◽  
Cost Of Debt ◽  
The Developed Countries ◽  
The One ◽  
Corporate Social ◽  
The Cost

This study is aimed at analyzing the influence of Corporate Social Responsibility (CSR) on the Cost of the Capital (CoC) of the companies quoted on the Nigerian Stock Exchange (NSE). The annual panel data of the 32 companies quoted on the NSE pertaining to the period from 2005 to 2019, were judgmentally selected. The Thomson Reuthers Index was used as the measure for CSR, whereas the Cost of Equity (CoE) and the Cost of Debt (CoD) were used as the measure for CoC. The findings revealed the existence of a positive/negative nonsignificant relationship, on the one hand, and a positive/negative significant relationship as well, on the other, between CSR and CoC. The results obtained are supportive of the findings found in scholars' works, especially those in the developed countries in which this aspect has extensively been explored. To conclude, the companies that spend on CSR have a better chance of accessing capital at a better and low cost. Based absolutely on the findings, the researcher advocates that investment should incessantly be made in the issues concerning CSR, given the fact that, if consistently made, such investment may ease access to funds at a reduced cost.

How to Assure Stable Development in Unstable Financial Environment?

2007 ◽  
pp. 4-26 ◽  
Author(s):  
M. Ershov
Keyword(s):  
Stock Market ◽  
Developed Countries ◽  
Market Liquidity ◽  
Market Mechanisms ◽  
Russian Economy ◽  
The Developed Countries ◽  
Russian Stock Market ◽  
Stable Development ◽  
Financial Environment

Growing involvement of Russian economy in international economic sphere increases the role of external risks. Financial problems which the developed countries are encountered with today result in volatility of Russian stock market, liquidity problems for banks, unstable prices. These factors in total may put longer-term prospects of economic growth in jeopardy. Monetary, foreign exchange and stock market mechanisms become the centerpiece of economic policy approaches which should provide for stable development in the shaky environment.

The Reproduction Vector of the Russian Economy: 1999-2007

2008 ◽  
pp. 94-109 ◽  
Author(s):  
D. Sorokin
Keyword(s):  
Economic Policy ◽  
Human Capital ◽  
Growth Rates ◽  
Developed Countries ◽  
Gdp Per Capita ◽  
Real Sector ◽  
Russian Economy ◽  
Per Capita ◽  
The Developed Countries

The problem of the Russian economy’s growth rates is considered in the article in the context of Russia’s backwardness regarding GDP per capita in comparison with the developed countries. The author stresses the urgency of modernization of the real sector of the economy and the recovery of the country’s human capital. For reaching these goals short- or mid-term programs are not sufficient. Economic policy needs a long-term (15-20 years) strategy, otherwise Russia will be condemned to economic inertia and multiplying structural disproportions.

Power Generation for India with Higher Efficiency

2018 ◽  
Vol 6 (7) ◽  
pp. 267
Author(s):  
Umeshkannan P ◽  
Muthurajan KG
Keyword(s):  
Power Generation ◽  
Objective Function ◽  
Fossil Fuels ◽  
Programming Model ◽  
Developed Countries ◽  
Power Requirement ◽  
Average Efficiency ◽  
Potential Demand ◽  
The Developed Countries ◽  
Developed Nations

The developed countries are consuming more amount of energy in all forms including electricity continuously with advanced technologies.  Developing  nation’s  energy usage trend rises quickly but very less in comparison with their population and  their  method of generating power is not  seems  to  be  as  advanced  as  developed  nations. The   objective   function   of   this   linear   programming model is to maximize the average efficiency of power generation inIndia for 2020 by giving preference to energy efficient technologies. This model is subjected to various constraints like potential, demand, running cost and Hydrogen / Carbon ratio, isolated load, emission and already installed capacities. Tora package is used to solve this linear program. Coal,  Gas,  Hydro  and  Nuclear  sources can are  supply around 87 %  of  power  requirement .  It’s concluded that we can produce power  at  overall  efficiency  of  37%  while  meeting  a  huge demand  of  13,00,000  GWh  of  electricity.  The objective function shows the scenario of highaverage efficiency with presence of 9% renewables. Maximum value   is   restricted   by   low   renewable   source’s efficiencies, emission constraints on fossil fuels and cost restriction on some of efficient technologies. This    model    shows    that    maximum    18%    of    total requirement   can   be   met   by   renewable itself which reduces average efficiency to 35.8%.   Improving technologies  of  renewable  sources  and  necessary  capacity addition  to  them in  regular  interval  will  enhance  their  role and existence against fossil fuels in future. The work involves conceptualizing, modeling, gathering information for data’s to be used in model for problem solving and presenting different scenarios for same objective.

International Economic Assistance in the 1970's — A Critique of Partners in Development (Review Article)

1970 ◽  
Vol 10 (4) ◽  
pp. 469-490
Author(s):  
Nurul Islam
Keyword(s):  
Developing Countries ◽  
Foreign Aid ◽  
International Aid ◽  
Developed Countries ◽  
Armed Conflicts ◽  
Economic Assistance ◽  
Self Help ◽  
Service Charge ◽  
The Developed Countries ◽  
Defence Expenditure

Foreign economic aid is at the cross-roads. There is an atmosphere of gloom and disenchantment surrounding international aid in both the developed and developing countries — more so in the former than in the latter. Doubts have grown in the developed countries, especially among the conservatives in these countries, as to the effectiveness of aid in promoting economic development, the wastes and inefficiency involved in the use of aid, the adequacy of self-help on the part of the recipient countries in husbanding and mobilising their own resources for development and the dangers of getting involved, through ex¬tensive foreign-aid operations, in military or diplomatic conflicts. The waning of confidence on the part of the donors in the rationale of foreign aid has been accentuated by an increasing concern with their domestic problems as well as by the occurrence of armed conflicts among the poor, aid-recipient countries strengthened by substantial defence expenditure that diverts resources away from development. The disenchantment on the part of the recipient countries is, on the other hand, associated with the inadequacy of aid, the stop-go nature of its flow in many cases, and the intrusion of noneconomic considerations governing the allocation of aid amongst the recipient countries. There is a reaction in the developing countries against the dependence, political and eco¬nomic, which heavy reliance on foreign aid generates. The threat of the in¬creasing burden of debt-service charge haunts the developing world and brings them back to the donors for renewed assistance and/or debt rescheduling.

PENGARUH INFRASTRUKTUR SECARA SPASIAL TERHADAP KONVERGENSI PERTUMBUHAN EKONOMI DI INDONESIA

INFO ARTHA ◽  
2017 ◽  
Vol 1 ◽  
pp. 17-28
Author(s):  
Anisa Fahmi
Keyword(s):  
Economic Growth ◽  
Regional Economics ◽  
Developed Countries ◽  
Road Infrastructure ◽  
Long Run ◽  
Catch Up ◽  
The Developed Countries ◽  
Positive Effect ◽  
Neoclassical Growth Theory

Motivated by inter-regional disparities condition that occurs persistently, this study examines the Indonesian economy in the long run in order to know whether it tends to converge or diverge. This convergence is based on the Solow Neoclassical growth theory assuming the existence of diminishing returns to capital so that when the developed countries reach steady state conditions, developing countries will continuously grow up to 'catch-up' with developed countries. Based on regional economics perspective, each region can not be treated as a stand-alone unit,therefore, this study also focuses on the influence of spatial dependency and infrastructure. Economical and political situations of a region will influence policy in that region which will also have an impact to the neighboring regions. The estimation results of spatial cross-regressive model using fixed effect method consistently confirmed that the Indonesian economy in the long term will likely converge with a speed of 8.08 percent per year. Other findings are road infrastructure has a positive effect on economic growth and investment and road infrastructure are spatially showed a positive effect on economic growth. In other words, the investment and infrastructure of a region does not only affect the economic growth of that region but also to the economy of the contiguous regions. 

OBJECTIVES AND FUNCTIONS OF LOBISTRY ACTIVITY IN UKRAINE: REALITIES TODAY AND EVOLUTIONARY FORECAST

2018 ◽  
Vol 1 (12) ◽  
pp. 329-339
Author(s):  
Tikhon Sergeyevich Yarovoy
Keyword(s):  
Civil Society ◽  
Political System ◽  
Developed Countries ◽  
Public Interests ◽  
The Public ◽  
Political Events ◽  
The Developed Countries ◽  
Definition Of ◽  
Industrial Groups

The article is devoted to the research of goals and functions of lobbying activity. The author has processed the ideas of domestic and foreign scientists, proposed his own approaches to the definition of goals and functions of lobbying activities through the prism of public administration. As a result, a generalized vision of the goals and functions of lobbying activities as interrelated elements of the lobbying system was proposed, and a forecast for further evolution of the goals and functions of domestic lobbying was provided. The analysis of lobbying functions allowed us to notice the tendencies in shifting the goals of this activity. If the objectives were fully covered by functions such as mediation between citizens and the state, the information function and the function of organizing plurality of public interests, then the role of strengthening the self-organization of civil society and the function of compromise become increasingly important in the process of formation in the developed countries of civil society and the development of telecommunication technologies. Ukrainian lobbyism will not be left to the side of this process. Already, politicians of the highest level, leaders of financial and industrial groups have to act, adjust their goals (even if they are — declared), taking into account the reaction of the public. In the future, this trend will only increase. The analysis of current research and political events provides all grounds for believing that, while proper regulatory legislation is being formed in Ukraine, the goals and functions of domestic lobbying will essentially shift towards a compromise with the public. It is noted that in spite of the existence of a basic direction of action, lobbying may have several ramified goals. Guided by the goals set, lobbyism can manifest itself in various spheres of the political system of society, combining the closely intertwined interests of various actors in the lobbying process, or even — contrasting them.

On the issue of the revitalization and modernization of the engineering in Russia

2019 ◽  
pp. 19-24
Author(s):  
A. E. Melnikov
Keyword(s):  
National Economy ◽  
Technological Progress ◽  
Developed Countries ◽  
The State ◽  
Engineering Technology ◽  
Operational Characteristics ◽  
Technical Potential ◽  
Significant Barrier ◽  
The Developed Countries ◽  
Competitive Products

Currently, one of the important tasks of the economic policy of Russia is the formation of a hightech image of the national economy, capable of effective functioning in the changing global geopolitical and geoeconomic conditions. In this context, the issue of revitalization of mechanical engineering, which plays a key role in the development of the country’s economy, is of particular relevance. This sector is a link between scientific and technological progress and the level of provision of domestic producers with domestic machines and equipment, allowing them to produce competitive products and to a lesser extent depend on the state of the external environment. The example of the developed countries of the world shows that the development of advanced engineering technology significantly increases the efficiency of the national economy, helps to accelerate its growth. At the same time, in Russia, in order to unleash the scientific and technical potential and activate engineering, it is necessary to initiate modernization processes in it. Based on the foregoing, the purpose of the study is to analyze the state of Russian engineering from the position of its role in the country’s economy. It is shown that at present a significant barrier to the development of this sector is the predominance of imported equipment, due to technical and operational characteristics, often superior to domestic counterparts.

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