Suchergebnisse

In recent decades two broad trends in American society have been well–documented: rising income inequality and rising segregation of economic classes across space in metropolitan areas. The thesis of this article is that rising economic segregation is both a cause of rising economic inequality and amplifies its effects in ways that do not showup in the income statistics. The article synthesizes the evidence on the contextual effects of economic segregation in three areas: 1) jobs and income; 2) public services; and 3) retail services. Economic segregation does not only undermine equal opportunity, it also damages American democracy. Although more research is needed on the effects of economic segregation, the evidence is more than sufficient to call for public action.

The envisaged EU enlargement will lead to a redirection of Structural and Cohesion Funds expenditures from current to new EUmembers. This redistribution of funds makes the accession countries even more attractive as a location of FDI. Using a logistic regressions approach, this paper shows that a hypothetical reallocation of Structural Funds as envisaged by Agenda 2000 leads to a redistribution of FDI by approximately 0.8 percentage points from the current EU members to the accession countries (first round) and 2.6 percentage points (second round), respectively

The article argues that in most infrastructure projects, the government has to take up aleading role in managing the development of strategic infrastructure. This article alsodiscusses the value of an integrated approach linking the public and private sectors ininfrastructure investment. Such an integrated approach reflects both the need to buildagreement between various interested parties, and also the strength of the privatesector, whose forces may be effectively combined with foreign ventures. By so doingthe investment risk can be minimised and maximum market efficiency can be achieved

AbstractEducation is often used to provide producers with information on how to operate more efficiently with current technologies or on profitable new technologies that generate less pollution. While such "win‐win" solutions to water quality problems are attractive, we use a simple economic framework to show that education cannot be considered a strong tool for water quality protection. Its success depends on a number of factors related to profitability and altruism, and "win‐win" solutions are not always guaranteed, even when they appear to exist. Evidence suggests that net returns are the chief concern of producers when they adopt alternative management practices.