The Korean consumer electronics industry : reaction to antidumping actions

Antidumping actions by importing countries do not protect their consumers. What protects domestic consumers is competition. It is Korean consumers who are paying for the development of the Korean electronics industry, not consumers in the countries that import Korean goods. A key element of Korea's industrial development strategy has been to maintain stringent import restrictions while promoting the development of a few large domestic firms. The author strongly stresses the need to implement progressive import liberalization policies that will allow foreign competition in the Korean market. Import policy regimes in exporting countries have played a critical role in creating an environment that makes it possible for profit-maximizing firms to follow a price-discriminating marketing strategy. Progressive liberalization will eliminate the incentive for following such a marketing strategy as monopoly profits are slowly eroded.Environmental Economics&Policies,TF054105-DONOR FUNDED OPERATION ADMINISTRATION FEE INCOME AND EXPENSE ACCOUNT,Economic Theory&Research,Markets and Market Access,Access to Markets

The level of occlusion of included bark affects the strength of bifurcations in hazel (Corylus avellana L.)

Bark-included junctions in trees are considered a defect as the bark weakens the union between the branches. To more accurately assess this weakening effect, 241 bifurcations from young specimens of hazel (Corylus avellana L.), of which 106 had bark inclusions, were harvested and subjected to rupture tests. Three-point bending of the smaller branches acted as a benchmark for the relative strength of the bifurcations. Bifurcations with included bark failed at higher displacements, and their modulus of rupture was 24% lower than normally formed bifurcations, while stepwise regression showed that the best predictors of strength in these bark-included bifurcations were the diameter ratio and width of the bark inclusion, which explained 16.6% and 8.1% of the variability, respectively. Cup-shaped, bark-included bifurcations where included bark was partially occluded by xylem were found, on average, to be 36% stronger than those, where included bark was situated at the bifurcation apex. These findings show that there are significant gradations in the strength of bark-included bifurcations in juvenile hazel trees that relate directly to the level of occlusion of the bark into the bifurcation. It therefore may be possible to assess the extent of the defect that a bark-included bifurcation represents in a tree by assessing the relative level of occlusion of the included bark

Asia’s Strategic Participation in the Group of 20 for Global Economic Governance Reform: From the Perspective of International Trade

After considering the background to the G20 summit meetings after the recent global economic and financial crisis, this paper aims to identify the trade agenda that represents Asia’s concerns for the global and regional trading system. Asia, in particular East Asia, has played an important role in evolving the global production and trade networks. The regional production network in East Asia became the major transmission mechanism of the crisis, resulting in a trade collapse, but Asia experienced a relatively quick rebound, demonstrating that its network was not derailed. Asian economies have also shifted their policy focus from multilateralism to regionalism, even though there are several challenges such as underuse and a shallowness of their regional trade agreements. This paper recommends that the Seoul Summit seek tangible results on resolving the stalemate of the Doha Development Agenda to strengthen the credibility of G20, integrate individual free trade agreements into broader regional trade agreements, and link the development agenda to trade.global governance and Group of Twenty (G20); international and regional trade; global and regional production networks; global and regional trade systems

Custom becomes crime, crime becomes custom

This thesis examines the changing relationship between customary activities of the poor and economic change. The social crime debate is used to illustrate the historical importance of informal economic activity, both as a survival strategy and as a means of protest. Key issues of the experience in Britain will be highlighted, and issues such as self-interest will be placed within community toleration. Ironically, social criminal activities are also in the wider interests of the class of people from which social criminals themselves originate. The change from Feudalism and the origin of capitalism (particularly industrial capitalism) created the working class. The peasantry were increasingly displaced from the land, and habits suitable for work paid in cash were inculcated and forced upon people. Customary agricultural practices were gradually whittled away, but the working class changed these into perquisites and new customary work-based appropriation. Protest became located within the official structures of the labour movement, and increasingly orientated around the wage form. The post World War II economic boom encouraged standardisation and stabilisation of products, and within society itself. The onset of economic crises, beginning in the late 1960s, had increasingly global effects, and involved new markets encouraged by European integration. This changed the nature of (un)employment relations, the composition of the working class, consumption demands and possibilities, as well as creating a large and growing informal economy. This new casual and opportunistic, official/unofficial labour market, has meant a resurgence of social crime as a normal feature of survival. Shoplifting, tobacco and alcohol smuggling will be theoretically and practically examined; social crime content assessed; and protest capacity explored. Informant narratives highlight these key features of our time. The thesis further argues that crime has returned as a central aspect of culture

Land Cover and Water Quality Patterns in an Urban River: A Case Study of River Medlock, Greater Manchester, UK

Urban river catchments face multiple water quality challenges that threaten the biodiversity of riverine habitats and the flow of ecosystem services. We examined two water quality challenges, runoff from increasingly impervious land covers and effluent from combined sewer overflows within a temperate zone river catchment in Greater Manchester, North-West UK. Sub-catchment areas of the River Medlock were delineated from digital elevation models using a Geographical Information System. By combining flow accumulation and high-resolution land cover data within each sub-catchment and water quality measurements at five sampling points along the river, we identified which land cover(s) are key drivers of water quality. Impervious land covers increased downstream and were associated with higher runoff and poorer water quality. Of the impervious covers, transportation networks have the highest runoff ratios and therefore the greatest potential to convey contaminants to the river. We suggest more integrated management of imperviousness to address water quality, flood risk and, urban wellbeing could be achieved with greater catchment partnership working

A novel causal mechanism for grey squirrel bark stripping: The Calcium Hypothesis

AbstractGrey squirrels, Sciurus carolinensis, damage trees in the UK by stripping bark and eating the underlying phloem; squirrel motivation for damage is, however, unknown. Damage can result in deterioration of timber quality and a significant economic toll on the forestry industry. Prediction of severe damage followed by targeted killing of squirrels is the current recommended management option. However, the use of warfarin (an anticoagulant poison) is now restricted in the UK and other more humane methods of killing are labour-intensive, so an alternative solution is needed. A better understanding of what motivates grey squirrels to strip bark may enable a preventive approach to be developed. Whilst the bark stripping literature has explored predictive factors affecting the likelihood of damage, causal understanding is lacking. The aim of this review is to introduce the Calcium Hypothesis as a possible explanation for bark stripping, with a view to informing the prevention of damage. The Calcium Hypothesis states that grey squirrels damage trees to ameliorate a calcium deficiency. The main predictive factors of bark stripping behaviour each inform and lend support to the Calcium Hypothesis. Calcium is stored in tree phloem, and damage increases with phloem width, providing squirrels with more calcium per unit area ingested. Calcium levels increase in trees as active growth resumes after winter dormancy, this occurs immediately prior to the main bark stripping season of May–July, and trees growing most vigorously are at increased risk of damage. It is likely grey squirrels also have a requirement for calcium during the bark stripping season. Adult females will be under post-parturition pressures such as lactation, and juveniles will be going through their main period of bone growth, both of which likely represent a requirement for calcium – which supports an observed positive correlation between juvenile abundance and bark stripping. A high autumnal seed crop increases juvenile recruitment the following spring, and could also induce a requirement for calcium to a population due to the high phosphorus to calcium ratio of seeds. To further investigate the hypothesis, the extent to which grey squirrels can utilise calcium oxalate, as calcium occurs in bark, should be determined, and also the extent to which grey squirrels undergo seasonal periods of calcium deficiency. Increasing our causal understanding of bark stripping could inform the future development of preventive measures to aid forest management

Bark beetle population dynamics in the Anthropocene: Challenges and solutions

Tree-killing bark beetles are the most economically important insects in conifer forests worldwide. However, despite N200 years of research, the drivers of population eruptions and crashes are still not fully understood and the existing knowledge is thus insufficient to face the challenges posed by the Anthropocene. We critically analyze potential biotic and abiotic drivers of population dynamics of an exemplary species, the European spruce bark beetle (ESBB) (Ips typographus) and present a multivariate approach that integrates the many drivers governing this bark beetle system. We call for hypothesis-driven, large-scale collaborative research efforts to improve our understanding of the population dynamics of this and other bark beetle pests. Our approach can serve as a blueprint for tackling other eruptive forest insects

Industrial portfolio responses to macroeconomic shocks : an econometric model for developing countries

This study identifies the macro conditions under which industrial growth and financial stability are most likely, and those conditions which are most prone to create disaster. The paper models interest rates, exchange rates, and aggregate demand conditions as affecting industrial growth and financial risk through two channels. First, because these variables affect firms'income, they affect firms net worth expansion. Second, because the link between macro variables and income depends upon the proportions in which firms hold fixed capital, inventories, financial assets, and debts, changes in macro variables also induce portfolio adjustments. The paper then develops an empirical model which allows one to calibrate the strength and timing of each effect. The paper is composed of two sections; one to develop the model, and one to report an application to Uruguayan data. There is also a brief summary section.Economic Theory&Research,Environmental Economics&Policies,International Terrorism&Counterterrorism,Banks&Banking Reform,Fiscal&Monetary Policy