Fiscal Policy in a Growth Framework

fiscal policy, public expenditure, taxation, economic growth

Information and energy policy preferences: a survey experiment on public opinion about electricity pricing reform in rural India

A common argument for the lack of economic reform in developing countries is popular opposition. If current economic policies are dysfunctional, could information about alternatives sway the voters? We examine if a simple argument emphasizing the need to increase electricity prices for improved supply can change public opinion in the case of India’s power sector reforms. The evidence comes from a survey experiment in rural Uttar Pradesh, which is both India’s largest state and has one of the lowest levels of household electrification. As expected, people respond to information about the relationship between electricity pricing, capacity investment, and reliability of supply by increasing their support for higher prices. However, no corresponding increase is observed for privatization of electricity generation. For external validity, we analyze an existing national survey on electricity privatization conducted in 2004/2005, finding patterns that support our argumen

DeSyRe: on-Demand System Reliability

The DeSyRe project builds on-demand adaptive and reliable Systems-on-Chips (SoCs). As fabrication technology scales down, chips are becoming less reliable, thereby incurring increased power and performance costs for fault tolerance. To make matters worse, power density is becoming a significant limiting factor in SoC design, in general. In the face of such changes in the technological landscape, current solutions for fault tolerance are expected to introduce excessive overheads in future systems. Moreover, attempting to design and manufacture a totally defect and fault-free system, would impact heavily, even prohibitively, the design, manufacturing, and testing costs, as well as the system performance and power consumption. In this context, DeSyRe delivers a new generation of systems that are reliable by design at well-balanced power, performance, and design costs. In our attempt to reduce the overheads of fault-tolerance, only a small fraction of the chip is built to be fault-free. This fault-free part is then employed to manage the remaining fault-prone resources of the SoC. The DeSyRe framework is applied to two medical systems with high safety requirements (measured using the IEC 61508 functional safety standard) and tight power and performance constraints

Collective action initiatives to improve marketing performance: Lessons from farmer groups in Tanzania

"The primary inquiry of this study is to identify and understand the underlying factors that enable smallholder farmer groups to improve their market situation. The specific objective of this paper is to examine to what extent certain group characteristics and asset endowments facilitate collective action initiatives to improve group marketing performance. This objective is approached through an evaluation of a government-led program in Tanzania, which is attempting to increase smallholder farmers' incomes and food security through a market-oriented intervention. Findings suggest that more mature groups with strong internal institutions, functioning group activities, and a good asset base of natural capital are more likely to improve their market situation. Gender composition of groups also factors in group marketing performance. It acts as an enabling factor for male-dominated groups and as a disabling factor for female-only groups. Structural social capital in the form of membership in other groups and ties to external service providers, and cognitive social capital in the form of intragroup trust and altruistic behavior are not significant factors in a group's ability to improve its market situation." authors' abstractCollective action, Agricultural marketing, Farmer groups, Social capital, Planned change initiatives, Gender, Marketing,

Innovating thermal treatment of municipal solid waste (MSW): Socio-technical change linking expectations and representations

This paper combines two theoretical perspectives: future technological expectations mobilising resources; and social representations assimilating new ideas through anchoring onto familiar frames of reference. The combination is applied to the controversial case of thermal-treatment options for municipal solid waste (MSW), especially via gasification technology. Stakeholders’ social representations set criteria for technological expectations and their demonstration requirements, whose fulfilment in turn has helped gasification to gain more favourable representations. Through a differential ‘anchoring’, gasification is represented as matching incineration’s positive features while avoiding its negative ones. Despite their limitations, current two-stage combustion gasifiers are promoted as a crucial transition towards a truly ‘advanced’ form producing a clean syngas; R&D investment reinforces expectations for advancing the technology. Such linkages between technological expectations and social representations may have broader relevance to socio-technical change, especially where public controversy arises over the wider systemic role of an innovation trajectory

The London Creative Industries

This lecture draws from the Creative Industries Observatory research on the London creative industries and in particular provides some initial insights into the networks and relationships which exist including organisational structure, size, and location. Consideration has been given to clustering and markets. In particular attention has been paid to the levels of creativity found in the London creative industries and the possible implications for public policy intervention. These findings are based on a shared definitional framework, and can be compared with other cities