127 research outputs found

    International Trade and Investment Sanctions

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    The purpose of this paper is to clarify the theory of international economic sanctions and to provide estimates of the short-run economic impact on South Africa of externally imposed reductions of the imports and capital flows into that country. A macroeconomic picture of South Africa's "dependence" is drawn, and the economy's vulnerability in the short run is seen to be in its capacity to import, not in exports or capital flows. Trade and capital sanctions most clearly damage South Afnca's growth potential; the short-run impact is harder to quantify. A static linear programming model of the South African economy is constructed in an attempt at this quantification. This model estimates that small sanctions would have small impact—i.e., if imports were reduced by less than one-fourth, GDP would be cut by only about one half as large a percentage as imports. Larger import reductions cause greater damage. If imports were to be cut in half, not only would GDP be seriously reduced but massive unemployment and relocation of white labor would occur.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/68182/2/10.1177_002200277902300401.pd

    An Infrared Divergence Problem in the cosmological measure theory and the anthropic reasoning

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    An anthropic principle has made it possible to answer the difficult question of why the observable value of cosmological constant (Λ1047\Lambda\sim 10^{-47} GeV4{}^4) is so disconcertingly tiny compared to predicted value of vacuum energy density ρSUSY1012\rho_{SUSY}\sim 10^{12} GeV4{}^4. Unfortunately, there is a darker side to this argument, as it consequently leads to another absurd prediction: that the probability to observe the value Λ=0\Lambda=0 for randomly selected observer exactly equals to 1. We'll call this controversy an infrared divergence problem. It is shown that the IRD prediction can be avoided with the help of a Linde-Vanchurin {\em singular runaway measure} coupled with the calculation of relative Bayesian probabilities by the means of the {\em doomsday argument}. Moreover, it is shown that while the IRD problem occurs for the {\em prediction stage} of value of Λ\Lambda, it disappears at the {\em explanatory stage} when Λ\Lambda has already been measured by the observer.Comment: 9 pages, RevTe

    Modelling small-scale storage interventions in semi-arid India at the basin scale

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    There has been renewed interest in the performance, functionality, and sustainability of traditional small-scale storage interventions (check dams, farm bunds and tanks) used within semi-arid regions for the improvement of local water security and landscape preservation. The Central Groundwater Board of India is encouraging the construction of such interventions for the alleviation of water scarcity and to improve groundwater recharge. It is important for water resource management to understand the hydrological effect of these interventions at the basin scale. The quantification of small-scale interventions in hydrological modelling is often neglected, especially in large-scale modelling activities, as data availability is low and their hydrological functioning is uncertain. A version of the Global Water Availability Assessment (GWAVA) water resources model was developed to assess the impact of interventions on the water balance of the Cauvery Basin and two smaller sub-catchments. Model results demonstrate that farm bunds appear to have a negligible effect on the average annual simulated streamflow at the outlets of the two sub-catchments and the basin, whereas tanks and check dams have a more significant and time varying effect. The open water surface of the interventions contributed to an increase in evaporation losses across the catchment. The change in simulated groundwater storage with the inclusion of interventions was not as significant as catchment-scale literature and field studies suggest. The model adaption used in this study provides a step-change in the conceptualisation and quantification of the consequences of small-scale storage interventions in large- or basin-scale hydrological models

    The Born Rule Dies

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    The Born rule may be stated mathematically as the rule that probabilities in quantum theory are expectation values of a complete orthogonal set of projection operators. This rule works for single laboratory settings in which the observer can distinguish all the different possible outcomes corresponding to the projection operators. However, theories of inflation suggest that the universe may be so large that any laboratory, no matter how precisely it is defined by its internal state, may exist in a large number of very distantly separated copies throughout the vast universe. In this case, no observer within the universe can distinguish all possible outcomes for all copies of the laboratory. Then normalized probabilities for the local outcomes that can be locally distinguished cannot be given by the expectation values of any projection operators. Thus the Born rule dies and must be replaced by another rule for observational probabilities in cosmology. The freedom of what this new rule is to be is the measure problem in cosmology. A particular volume-averaged form is proposed.Comment: LaTeX, 16 pages, typos in Eqs. (4.3) and (6.2) correcte
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