6,696 research outputs found

    Imagery in Milton : L\u27 Allegro and Il Penseroso

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    Non-fiction by Shirley Bullar

    Solidification of APC residues using PFA

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    A pulverised fuel ash (pfa) classed as a waste due to high loss on ignition (LoI) was blended with waste alkali and used to solidify air pollution control (APC) residue from a waste incinerator. The resultant samples were tested for compressive strength and characterised using thermogravimmetric analysis (TGA). The effects of various variables including; l/s ratio, APC content, curing temperature and alkalinity of the liquid phase were examined. Results showed that a lower l/s gave higher compressive strength, analogous to that seen for cement mixes. Curing at slightly elevated temperatures were necessary for setting of the mixes within 7 days. An alkaline liquid fraction increased early age strength. The %(w/w) APC content showed no clear correlation with compressive strength results, but some APC was necessary for the mix to set. Resulys suggest the optimum APC content for compressive strength and solidification may be between 10-20%

    Information, incentives, and commitment : an empirical analysis of contracts between government and state enterprises

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    The authors analyze experience with written performance contracts between developing country governments and the managers of their state-owned enterprises. Such contracts have been a vogue since the mid-1980s, and substantial resources have been sunk into their design and enforcement, yet the few assessments to date show mixed results. Using a simple agency model, they identify how problems of weak incentives sthemming from information asymmetry, lack of government commitment, and lack of managerial commitment can lead to shirking. They apply the model to a sample of 12 contracts with monopoly enterprises in six developing countries (Ghana, India, the Republic of Korea, Mexico, the Philippines, and Senegal). All suffer from serious contracting problems. They find no pattern of improved performance that can be attributed to the contracts. Only three of the 12 case-study companies showed a turnaround in total factor productivity after contracts were introduced, six continued past trends, and three performed substantially worse under contracts than they had before. Labor productivity improved at a faster pace in four cases, and deteriorated in none, but the improvement predated the contract. Performance contracting assumes that government's objectives can be maximized, and performance improved, by setting targets that take into account the constraints placed on managers. For this to occur, the principals must be willing to explicitly state their objectives, assign to them priorities and weights, translate them into performance improvement targets, provide incentives to meet those targets (or monitor the agents without incurring significant costs), and credibly signal their commitment to the contract. These conditions failed to materialize. Why would governments adopt contracts to which they were notcommitted or that were politically unrealistic? Sometimes because it enabled themto get foreign assistance. How explain the managers'lack of commitment? Not surprisingly, managers with information advantages and bargaining power, and with no strong incentives or commitment from the government, used their advantages to manipulate the targets so as to ensure that their performance would be judged satisfactory. The authors outline the conditions under which performance contracts might succeed in improving performance.Environmental Economics&Policies,Labor Policies,Health Economics&Finance,International Terrorism&Counterterrorism,Banks&Banking Reform,Knowledge Economy,Health Economics&Finance,Environmental Economics&Policies,National Governance,Education for the Knowledge Economy
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