Malnutrition and “Nutrition Engineering” in Low-Income Countries: A Rejoinder

1993 ◽  
Vol 23 (3) ◽  
pp. 615-619 ◽  
Author(s):  
Alan Berg
Keyword(s):  
Political Economy ◽  
Low Income ◽  
Low Income Countries ◽  
The Political ◽  
Short Term ◽  
Technical Solutions

Malnutrition cannot be reduced to any single causality. While the political economy explanation is correct, suffering must be addressed in the short term by the available technical solutions. More work is needed on both the long-term causes of malnutrition and on methods of prophylaxis and treatment for nutritional diseases.

How to Build and Wield Business Power: The Political Economy of Pension Regulation in Chile, 1990–2018

2018 ◽  
Vol 61 (1) ◽  
pp. 101-125 ◽  
Author(s):  
Tomás Bril-Mascarenhas ◽  
Antoine Maillet
Keyword(s):  
Political Economy ◽  
Theory Building ◽  
The Political ◽  
Political Arena ◽  
Short Term ◽  
Business Power ◽  
Political Actions ◽  
Pension Regulation ◽  
Theoretical Developments

AbstractWhat explains the remarkable resilience of pension regulation in postauthoritarian Chile, even after decades of majoritarian voter discontent and growing international and domestic criticism of Pinochet’s pioneering private capitalization system? This puzzling outcome can be understood only by looking at the combined effect of the pension industry’s long-term power-building investments and its short-term political actions to outmaneuver state and societal challengers. Engaging new theoretical developments in political economy and historical institutionalism, this study examines the long-term process by which the previously nonexistent Chilean pension industry expanded and leveraged its power during key episodes of open contestation. The analysis of pension regulation in Chile between the 1980s and the 2010s illustrates the importance of placing business power in time, motivating new rounds of theory building in the quest to address the perennial question of how business gets what it wants in the political arena.

The Political Economy of Revenue-Forecasting Experience From Low-Income Countries

2005 ◽  
Vol 05 (2) ◽  
pp. 1 ◽  
Author(s):  
Stephan Danninger ◽  
Annette Kyobe ◽  
M. Cangiano ◽  
◽  
◽  
...  
Keyword(s):  
Political Economy ◽  
Low Income ◽  
Low Income Countries ◽  
The Political ◽  
Revenue Forecasting

scholarly journals Why May COVID-19 Overwhelm Low-Income Countries Like Pakistan?

2020 ◽  
pp. 1-5 ◽  
Author(s):  
Inayat Ali ◽  
Shahbaz Ali
Keyword(s):  
Health Care ◽  
Health Care System ◽  
Low Income ◽  
Low Income Countries ◽  
Critical Event ◽  
Short Term ◽  
The Face ◽  
Significant Attention ◽  
Care System

ABSTRACT Since the coronavirus disease 2019, called COVID-19, has overwhelmed the high-income countries with ample resources and established health-care system, we argue that there are plausible concerns why it may devastate the low-income countries like Pakistan. Focusing on Pakistan, we highlight the underlying reasons, eg, demographic features, ineffective health-care system, economic and political inequalities, corruption, and socio-cultural characteristics, that create fertile grounds for COVID-19 to overwhelm low-income countries. This study presents Pakistan’s brief profile to demonstrate these underlying structures that may make low-income countries like Pakistan more vulnerable in the face of an unceasing COVID-19 pandemic. The study concludes that the country may make appropriate and possibly effective short-term preparedness measures to halt or slow the transmission of the virus, and deal with its current implications as well as it may pay significant attention to long-term measures to deal effectively with COVID-19’s longer-term effects. These measures will help them, including Pakistan, to deal appropriately with a similar future critical event.

Liquidity Risk and Long-Term Finance: Evidence from a Natural Experiment

2021 ◽  
Author(s):  
M Ali Choudhary ◽  
Nicola Limodio
Keyword(s):  
Central Bank ◽  
Low Income ◽  
Natural Experiment ◽  
Liquidity Risk ◽  
Bank Lending ◽  
Low Income Countries ◽  
Short Term ◽  
Experimental Variation ◽  
Quasi Experimental

Abstract Banks in low-income countries face severe liquidity risk due to volatile deposits, which destabilize their funding, and dysfunctional liquidity markets, which induce expensive interbank and central bank lending. Such liquidity risk dissuades the transformation of short-term deposits into long-term loans and deters long-term investment. To validate this mechanism, we exploit a Sharia-compliant levy in Pakistan, which generates unintended and quasi-experimental variation in liquidity risk, with data from the credit registry and firm imports. We find that banks with a stronger exposure to liquidity risk lower their supply of long-term finance, which reduces the long-term investment of connected firms.

scholarly journals Distributive Politics, Nature of Government Spending and Economic Growth in a Low Income Democracy

2011 ◽  
Vol 16 (30) ◽  
pp. 31-49
Author(s):  
Joydeb Sasmal ◽  
Keyword(s):  
Economic Growth ◽  
Low Income ◽  
Government Spending ◽  
Public Expenditure ◽  
Low Income Countries ◽  
Short Term ◽  
Tax Rate ◽  
Behavioral Parameters ◽  
The Government

In this paper we analyze how the government in a democratic setup of the developing world manipulates the fiscal instruments to maximize its political gain so that it can retain power. The government and the voters in low income countries are generally selfish and myopic in the sense that the electorates prefer to get direct and immediate benefits from the government while the government, in turn, tries to seek majority support in the election, by adopting short term and distributive policies instead of going for long term growth. Using the theoretical structure of the existing literature, and making modifications therein, this study demonstrates that the optimal tax rate, public expenditure shares and growth rate are determined in terms of technological and behavioral parameters. The simulation results show that if political gain from distributive policies is high, the government will allocate a greater share of the fund for distributive purposes adversely affecting economic growth.

scholarly journals Integrated photothermal decontamination device for N95 respirators

2021 ◽  
Vol 11 (1) ◽  
Author(s):  
Marcelo Muñoz ◽  
Maxime Comtois-Bona ◽  
David Cortes ◽  
Cagla Eren Cimenci ◽  
Qiujiang Du ◽  
...  
Keyword(s):  
Low Income ◽  
Temperature Treatment ◽  
Low Income Countries ◽  
Effective Vaccine ◽  
Global Pandemic ◽  
Photothermal Treatment ◽  
Mild Temperature ◽  
N95 Respirators ◽  
Uv C

AbstractThe severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2) responsible for the COVID-19 global pandemic has infected over 25 million people worldwide and resulted in the death of millions. The COVID-19 pandemic has also resulted in a shortage of personal protective equipment (PPE) in many regions around the world, particularly in middle- and low-income countries. The shortages of PPE, such as N95 respirators, is something that will persist until an effective vaccine is made available. Thus, devices that while being easy to operate can also be rapidly deployed in health centers, and long-term residences without the need for major structural overhaul are instrumental to sustainably use N95 respirators. In this report, we present the design and validation of a decontamination device that combines UV-C & B irradiation with mild-temperature treatment. The device can decontaminate up to 20 masks in a cycle of < 30 min. The decontamination process did not damage or reduce the filtering capacity of the masks. Further, the efficacy of the device to eliminate microbes and viruses from the masks was also evaluated. The photothermal treatment of our device was capable of eradicating > 99.9999% of the bacteria and > 99.99% of the virus tested.

The Political Economy of Easy Credit Policies

2016 ◽  
pp. 84
Author(s):  
Karim Azizi ◽  
Thibault Darcillon
Keyword(s):  
Political Economy ◽  
Low Income ◽  
Recent Literature ◽  
Consumer Credit ◽  
Majority Voting ◽  
The Political ◽  
Aggregate Consumption ◽  
The Past ◽  
Marginal Effects

During the past thirty years, U.S. economic growth has disproportionately benefited the richest percentiles of the American population, i.e., the top income earners. Although this phenomenon is difficult to explain from a “standard” political economy perspective (i.e., majority voting), recent literature emphasizes the role of consumer credit as a means of circumventing costly public redistribution. According to this theory, most OECD and, notably, American policymakers should have facilitated middleclass and low-income households’ access to consumer credit to cushion the effects of increased income inequality (i.e., an increased share of GDP held by top earners). Our contribution to this literature is to argue that increases in inequality (as measured by expansions in the share of GDP held by top income earners) should be associated with aggregate consumption increases. Indeed, in response to increased inequality, easy credit policies stimulate low-income and middle-class consumption, which contributes to an increased aggregate consumption level. Using a panel dataset of 20 developed OECD economies between 1980 and 2007, we show that such increases in inequality are actually associated with expansions of aggregate consumption. Finally, when computing marginal effects, we conclude that these expansions increase with the size of the financial sector.

A Decade After the 2009 Global Recession: Macroeconomic Developments

2021 ◽  
pp. 2150011
Author(s):  
Wee Chian Koh ◽  
Shu Yu
Keyword(s):  
Low Income ◽  
Developing Economies ◽  
Emerging Market ◽  
Bank Lending ◽  
Low Income Countries ◽  
Short Term ◽  
Fiscal Stimulus ◽  
Cross Border ◽  
Global Recession ◽  
The Impact

Emerging market and developing economies (EMDEs) weathered the 2009 global recession relatively well. However, the impact of the global recession varied across economies. EMDEs with stronger pre-crisis fundamentals — such as large foreign exchange reserves, sound fiscal positions, and low inflation — suffered milder growth slowdowns, in part due to their greater capacity to engage in monetary and fiscal stimulus. Low-income countries were also resilient, as foreign aid and inflows of remittances remained relatively stable. In contrast, EMDEs that were heavily dependent on short-term capital flows — such as portfolio investment and cross-border bank lending — fared less well, especially those in Europe and Central Asia. A key lesson for EMDEs is the need to strengthen macroeconomic frameworks and create policy space to prepare for future global downturns.

Many Happy Returns? Investment Governance and the Political Economy of Time in UK Pensions Provision

2021 ◽  
pp. 209-246
Author(s):  
Craig Berry
Keyword(s):  
Political Economy ◽  
Financial Institutions ◽  
Capital Investment ◽  
Pension Funds ◽  
The Political ◽  
Private Pensions ◽  
Pension Schemes ◽  
The Future ◽  
The Uk

We are increasingly conscious that private pension schemes in the UK are primarily financial institutions. UK private pensions provision has always been highly financialized, but the individualization of provision means this dynamic matters more than ever to retirement incomes. Furthermore, individualization has occurred at a time when the UK economy’s capacity to support a long-term approach to capital investment, upon which pensions depend, has declined. The chapter argues that pensions provision essentially involves managing the failure of the future to resemble the present, or more specifically present forecasts of the future. As our ability to manipulate the value of the future has increased, our ability to tolerate forecast failure has declined. The chapter details how pension funds invest, and how this has changed, and provides an original understanding of several recent attempts to shape pensions investment, ultimately demonstrating the limitations of pensions policy in shaping how provision functions in practice.

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