Suchergebnisse

The Poor and the Plutocrats is an examination of financial inequality. From Apple, the first trillion-dollar company, at one end of the spectrum to those living in dire poverty on the other, Francis Teal explains how a world has emerged where both of these extremes co-exist.

The use and cost of child care have become important policy issues with rising labour force participation for women responsible for young children. In this article it is shown that for children aged less than 2 informal care is much more important than formal care. For children aged 3 to 5 by far the most important, and cheapest, form of formal care is preschool. The category of formal care which has expanded most rapidly is child care centre places. However the recent expansion of female employment has been effected with no rise in the share of formal care in the total. Publicly supplied child care centre places are over 40 per cent more expensive to produce than private ones. It is argued that for those who do not receive a fee relief subsidy public care is more expensive than private care. The inference is drawn that people are willing to pay more for public than private care because public care is of higher quality. However those buying this higher quality care pay (at most) only 80 per cent of the cost of producing the care. The shortage of care in the public sector is not solved by private sector expansion because users of care are not willing to pay the price of producing high quality care.

The author analyses the structure and growth of the Nigerian economy from 1950 to 1977 and the causes of Nigeria's growth pattern. (DÜI-Ott)

Während die liberale Wechselkurspolitik der Elfenbeinküste ein eindrucksvolles Export- und dadurch Binnenwachstum verschaffte, führten die Überbewertung der Währung in Ghana (seit 1961) und der fehlgeschlagene Versuch wechselnder Regierungen, sie abzuwerten, zum wirtschaftlichen Niedergang. (DÜI-Spe)