1,160 words) Section I challenges Nobel laureate Schultz’s assertions: (1) small farmers are rational; (2) low income countries saddled with traditional agriculture have not the problem of many farmers leaving agriculture for nonfarm jobs; (3) part-time farming can be efficient; (4) economies of scale do not exist in agriculture; and (5) investment in human capital counts much more than institu...

privatization is a process in which the ownership of governmental economic enterprises is transferred to private sector. according to other countries’ experiences and discussed economic theories over the past decades, privatization has improved the performance of companies and economic enterprises. in this study, financial ratios of companies were used as their performance indicators. this pape...

Politicians in‡uence the allocation of …nance either directly via state banks, or indirectly via private banks using banking regulation or creditor rights. With state ownership of banks, entrepreneurs may form coalitions to bribe politicians to obtain scarce loans. With private ownership of banks, interest groups may lobby to in‡uence creditor rights to limit access to less established …rms. Wh...

South Carolina is the nation's second largest coastal resort state in terms of beach destination trips, superseded only by Florida. Its coastal resources and tourism industry are now undergoing tremendous coastal change due to tourism development and associated commercial and residential growth. As the negative elements of coastal change draw more public attention, and sustainable development b...

This paper provides historical context for contemporary discourses on landownership, notably the changing scale of absentee landownership and foreign ownership since 1849. Trends in landownership since European occupation of one of the most agriculturally productive regions in south east Australia, the Lachlan River catchment, are examined at regional, shire and district scales. Evolution of te...