In 1995, Allen Fisher published a poem entitled ‘Mummers’ Strut’ in an issue of the magazine West Coast Line,[1] accompanied by a statement of poetics. The poem is organised into twentyseven short numbered sections, mostly in couplets, ranging from two to twenty lines in length. The predominant impression is of a fragmented discourse that is hard to read as constructing a consistent speaking vo...

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This paper analyses tax competition and tax coordination in a model where capital flows occur in the form of mergers and acquisitions, rather than greenfield investment. In this framework, we show that differences in residence based taxes do not necessarily distort international ownership patterns. Moreover, tax competition yields globally efficient levels of source based corporate income taxes...

A growing body of research has centered on the issue of the relationship between financial and environmental performance. The lack of consensus in this literature can be attributed to several factors. The cost of complying with environmental regulation can be significant and detrimental to shareholder wealth maximization. Conversely, a firm that can effectively control pollution might also be a...

Over the last two decades a substantial body of field research has accumulated describing characteristics of various low-level markets for illicit drugs, primarily cocaine and heroin. At least for a few American cities, a good deal is known about who retails these drugs, the size and stability of the organizations in which they work, their careers, the prices they charge, and the incomes they e...

The World Bank, in collaboration with the e-Agriculture community and the Food and Agriculture Organization of the United Nations (FAO), is holding a series of two week online forums. These e-forums stem from the launch of the World Bank’s ICT in Agriculture e-Sourcebook (2011) and the growing demand for knowledge on how to use ICT to improve agricultural productivity and raise smallholder inco...

There have always been differences of view on what poverty means in conceptual terms, and even greater differences on how to measure it. These differences span a broad spectrum of normative and ideological positions and raise a number of technical issues surrounding the statistical measurement of poverty. This paper explains the role of poverty research and the value of a poverty line, while ac...