scholarly journals McDonald's — Much Maligned, But an Engine of Economic Development

2007 ◽  
Vol 7 (4) ◽  
pp. 1850123 ◽  
Author(s):  
Adrian E. Tschoegl

Critics have excoriated the US fast-food industry in general, and McDonald's most particularly, both per se and as a symbol of the United States. However, examining McDonald's internationalization and development abroad suggests that McDonald's and the others of its ilk are sources of development for mid-range countries. McDonald's brings training in management, encourages entrepreneurship directly through franchises and indirectly through demonstration effects, creates backward linkages that develop local suppliers, fosters exports by their suppliers, and has positive external effects on productivity and standards of service, cleanliness, and quality in the host economies.

PEDIATRICS ◽  
1981 ◽  
Vol 68 (3) ◽  
pp. 473-473
Author(s):  
David B. Nelson ◽  
Renate D. Kimbrough ◽  
Philip S. Landrigan ◽  
A. Wallace Hayes ◽  
George C. Yang ◽  
...  

Dr Wray's comments are, of course, very appropriate and encouraging. Aflatoxin was first detected in food commodities from other parts of the world. As concentrations in other parts of the world have usually been higher, little attention has been paid to the possibility of aflatoxin exposure in humans in the United States except by those who are directly involved in monitoring the human food supply (US Department of Agriculture, the food industry, and the US Food and Drug Administration).


2012 ◽  
Vol 20 (4) ◽  
pp. 624-644 ◽  
Author(s):  
Lize Mills

Following the global increase in childhood obesity, the World Health Organisation has renewed its calls upon governments to draft and implement clear policies regarding the marketing of energy-dense, micronutrient-poor foods and beverages to children. As part of such policies, two member states of the WHO, namely the United States of America and South Africa, recently increased their regulatory efforts in this regard. These measures elicited strong response from both parents and the fast food industry. The article seeks to discuss and evaluate these regulatory developments and the reaction thereto, while arguing that in an attempt to achieve a balance between the rights of all stakeholders, the best interests of the child must still at all times be considered to be paramount.


1988 ◽  
Vol 20 (8) ◽  
pp. 999-1012 ◽  
Author(s):  
J Rees ◽  
R Bradley

The economic impact of two major recessions in the United States (in the 1970s and early 1980s), together with cutbacks in federal spending during the 1980s, have made individual states more aware of their comparative advantage both in economic and in political terms. As a result, states have become more explicitly concerned with their own science policies and with how technological innovation can enhance their prospects for economic development. In this paper we explore the complex nature of science policy in the US intergovernmental system, examine the rigorous resource allocation issues involved, and look at a number of different types of technology-based economic development policies that have to date grown around the country.


Author(s):  
Frances Thomson

Mainstream discourses tend to treat land dispossession as a ‘developing’ country problem that arises due to weak/corrupt legal systems and inadequate property institutions. This article unsettles such discourses by examining expropriations for economic ‘development’ in the United States —a country typically deemed to have strong property institutions and a strong rule of law. Drawing on various examples, I propose that expropriation in the us is neither rigorously conditional nor particularly exceptional. While most ‘takings’ laws are supposed to restrict the State’s power, this restriction hinges on the definition of public use, purpose, necessity, or interest. And in many countries, including the us, these concepts are now defined broadly and vaguely so as to include private for-profit projects. Ultimately, the contents, interpretation, and application of the law are subject to social and political struggles; this point is habitually overlooked in the rule of law ‘solutions’ to land grabbing—. For these reasons, titling/registration programs and policies aimed at strengthening the rule of law, even if successful, are likely to transform rather than ‘solve’ dispossession in the global South.


2005 ◽  
Vol 24 (2) ◽  
pp. 299-306 ◽  
Author(s):  
Melissa Grills Robinson ◽  
Paul N. Bloom ◽  
Nicholas H. Lurie

A proposed method of combating obesity in the United States is to hold food companies legally liable for obesity-related damages. Recent lawsuits against fast-food restaurants, such as Pelman v. McDonald's Corp., have tried to draw on the success of tobacco litigation by claiming that fast-food marketers provide misleading information about the nutritional value of their products, leading consumers to overconsume and, thus, become obese. The Pelman plaintiffs also allege that fast food is addictive and have asked to represent a class of children who have become obese as a result of McDonald's products. This article compares legal efforts against the aggressive marketing of fast food with those against the marketing of tobacco products and argues that, for several reasons, such legal efforts will face substantial hurdles. In particular, this article argues that to be successful, such lawsuits must show either that McDonald's acted deceptively or that it has a duty to warn consumers about the unhealthful nature of its products. In addition, they must show that they satisfy the requirements necessary to certify a class. Finally, they must gain public and legislative support for legal action. Without these lawsuits satisfying the necessary legal elements and gaining increased public support for legal action against the industry, it seems unlikely that the fast-food industry will be held responsible for obesity-related damages. Having concluded that the tobacco litigation experience does not offer a promising road map to combat obesity, the authors briefly consider the vulnerability of the food industry to alternative legal strategies and legislative actions.


Complexity ◽  
2021 ◽  
Vol 2021 ◽  
pp. 1-12
Author(s):  
Jing-Jing Wang ◽  
Yan Liang ◽  
Jin-Tao Su ◽  
Jia-Ming Zhu

Economy is one of the major issues in the United States presidential election campaign. In order to investigate the impact of the US presidential election on the economy, this paper first constructs an analysis model of the economic impact on the United States based on stepwise regression and principal component analysis to analyze the focus of different candidates’ attention on the economic issues and its possible impact on the US economy in the election year and after the election; secondly, a Chinese economic impact analysis model based on factor analysis and machine learning logistic regression was constructed to analyze the impact of the US presidential election on the Chinese economy. At the same time, the future economic development of the United States and China based on the time series prediction model is forecast and analyzed, respectively. Finally, the countermeasures and policy suggestions on China’s related economic development are put forward.


2019 ◽  
pp. 65-88
Author(s):  
Edward B. Barbier

This chapter looks at the use of water in the modern economy, focusing on the period from the 1900s to the present day. Throughout human history, economic progress has been linked with increased water appropriation, control, and use. The global spread of industrialization from the 1900s onward further cemented this association. As a consequence, in today's economies, institutions, incentives, and innovations are geared toward finding and exploiting more freshwater resources. The result is an emerging global water crisis, which is predominantly a crisis of inadequate and poor water management. In the modern era, the global model for economic development has been the United States, and subsequently, many countries emulated the US approach to harnessing its water resources. Thus, how water management evolved in the US and other economies during the modern era has set the stage for today's water paradox.


Author(s):  
James Tharin Bradford

This chapter looks at Afghanistan’s involvement in the legal trade of opium and why Afghanistan eventually banned production and sale. During the 1930s and 1940s, Afghanistan actively traded opium with a host European and Asian countries, and by World War II, increased opium exports to the United States. This proved critical to the future of drug control. Although Afghanistan proved to have an abundance of high-quality opium, American officials feared the Afghan government lacked control. In an effort to solidify international drug controls, the US agreed to expand diplomatic relations and invest heavily in economic development, in exchange for Afghanistan prohibiting drugs in 1945. Although the prohibition failed, it was the first instance of Afghanistan using drug control as a means improving diplomatic channels to help build the Afghan state.


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