Some insights in regulation and potential profitability of passive fiber infrastructure in Europe

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Coping with Water Scarcity: What Role for Biotechnologies?

At a conference of the FAO Biotechnology Forum in 2007, 78 participants from 24 countries offered their views on agricultural biotechnologies and water scarcity, addressing the pros and cons of various methods and their potential application. These viewpoints are represented in this discussion paper, along with an introductory section that defines the issues to be discussed. Funders in the WASH sector can use this document to educate themselves about the potential gains to be made in supporting different types of scientific research and agricultural technology development

How Institutions Affect Outcomes in Laboratory Tradable Fishing Allowance Systems

The objective of this paper is to illustrate that economic institutions matter, i.e., that different rules of trade present different incentives for bidding, asking, and trading in new markets, and that these different incentives lead to different price discovery patterns, which yield materially different outcomes. In a laboratory tradable fishing allowance system, when trade takes place through a double auction, which parallels an institution common in extant tradable allowance systems, markets are characterized by high volatility, and equilibrium does not obtain. However, when only leases, and not permanent trades, are permitted in the early periods, volatility is significantly reduced and equilibrium obtains. This dependence of equilibration and outcomes on institutions implies policy-oriented economists must consider institutions in designing new market-based management systems.Resource /Energy Economics and Policy,

Market-based Instruments for Environmental Policymaking in Latin America and the Caribbean: Lessons from Eleven Countries

This report is a summary of country studies in Latin America and the Caribbean, addressing the use of market-based instruments (MBIs) and command-and-control (CAC) measures for environmental management in the region. Even though MBIs can significantly add efficiency to existing CAC mechanisms, the scope of MBIs should match the countries institutional capacity to implement them. Gradual and flexible reforms are likely to succeed within the current regional context of continued institutional changes. A key function of MBIs is usually revenue collection, though it does not necessarily lead to successful environmental management. The study suggests that revenues should be channeled to local authorities for an effective MBI's implementation. The report also critiques the regular practice of international donor agencies in recommending the solutions suitable for developed countries, without considering the institutional conditions in developing countries. Further, the study explores both the successes and difficulties experienced in the region regarding regulations, macro-policies, and MBIs; the institutional frameworks of the countries under review; and, the issues considered in the design of MBIs, in order to promote a beneficial dialogue among them

Niche Markets and Their Lessons

Markets are full of nooks and crannies. Out of the glare of the big economies and their public exchanges, markets specializing by financial product, activity, or industry thrive, often attracting little by way of formal regulatory oversight. But there is another kind of specialized market, one which is geographically and politically determined albeit internationally focused. Luxembourg, Ireland, Dubai, Bahrain, Malaysia, Singapore, Switzerland, among others, these are some of the world’s niche markets.It is a hard business being a niche market, operating in a competitive and often unforgiving environment, engaging in constant repositioning and facing inherent limitations on growth. Surprisingly, perhaps, there are lots of niche markets and a very diverse grouping they are, deploying a variety of survival strategies. In all cases, state capitalism, in various guises, supports these markets. In earlier times, reputation, a friendly regulator, and good business practices might have sufficed. Now, there is a new dynamic. This chapter in a new book, International Capital Markets: Law and Institutions (Oxford University Press, 2014), examines the characteristics of niche markets, such as a high tolerance for legal pluralism and the role of state capitalism, the vulnerabilities of niche markets, especially to change, and the secrets of their success

An assessment of Multilevel Governance in Cohesion Policy, 2007-2013

This study offers a thorough overview of Multi-Level Governance in Cohesion Policy in the current programming period of 2007-2013 by examining the evolution of the concept in terms of its definition and conceptual framework, analysing the current processes of implementing Multi-Level Governance in the EU27, as well as describing the advantages and disadvantages of partnerships in policy-making. Moreover, the study aims to formulate strategic and operational recommendations in the context of the preparation of the 2014- 2020 programming perio

mWater prototype review

This document reviews our current water policy-making decision-support framework, build on top of a regulated open Multi-Agent System (MAS),mWater [BGG+10, GGG+11], that models a flexible water-rights market. Our simulator focuses on the effect of regulations on demand and thus provides means to explore the interplay of norms and conventions that regulate trading (like trader eligibility conditions, tradeable features of rights, trading periods and price-fixing conventions), the assumptions about agent behaviour (individual preferences and risk attitude, or population profile mixtures) and market scenarios (water availability and use restrictions). A policy-maker would then assess the effects of those interactions by observing the evolution of the performance indicators (efficiency of use, price dynamics, welfare functions) (s)he designs. 1.2 OurBotti Navarro, VJ.; Garrido Tejero, A.; Giret Boggino, AS.; Noriega, P. (2013). mWater prototype review. http://hdl.handle.net/10251/3212

mWater Analysis

The mWater scenario requires the expression and use of regulations of different sorts: from actual laws and regulations issued by governments, to policies and local regulations issued by basin managers, to social norms that prevail in a given community of users. Some will be regimented as part of the electronic institutional framework specification, but others need to be expressed in a declarative form so that one may reason about them, both off- and on-line, both at design and at run time, and both from the institutional (or legislative) perspective and the agent's individual perspective. Issues that are relevant in this respect range from the choice of expressive formalism to the decision-making strategies that agents might use to comply or disobey regulations. Thus, structural aspects like governance, dynamics of norms (also from the legislative and execution perspectives) as well as criteria to evaluate the effectiveness of norms may and need to be explored in the demonstrator.Botti Navarro, VJ.; Garrido Tejero, A.; Giret Boggino, AS.; Igual, F.; Noriega, P.; Igual (2013). mWater Analysis. http://hdl.handle.net/10251/3210

Following the donor-designed path to Mozambique’s US<i></i>$2.2 billion secret debt deal

Strenuous efforts by donors and lenders over four decades turned Mozambique from a socialist success story into a neoliberal capitalist one. The private sector dominates; a domestic elite dependent on foreign companies has been created. But a secret US$2 billion arms and fishing boat deal involving Swiss and Russian banks and Mozambican purchases from France, Germany, and Israel, with large profits on all sides, was a step too far down the donor’s capitalist road. The International Monetary Fund cut off its programme and western donors ended budget support