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Author : J. Luis Guasch,Joseph Kogan Publisher : World Bank Publications Page : 30 pages File Size : 54,9 Mb Release : 2001 Category : Business enterprises ISBN : 8210379456XXX
Inventories in Developing Countries by J. Luis Guasch,Joseph Kogan Pdf
High inventory levels in developing countries increase the cost of doing business and limit productivity and competitiveness. Improvements in infrastructure (roads, ports, and telecommunications) and in market development can help to significantly reduce inventory levels (and thus the cost of doing business), especially when accompanied by effective regulation and the development and deregulation of associated markets.
Inventories in Developing Countries by J. Luis Guasch Pdf
High inventory levels in developing countries increase the cost of doing business and limit productivity and competitiveness. Improvements in infrastructure (roads, ports, and telecommunications) and in market development can help to significantly reduce inventory levels (and thus the cost of doing business), especially when accompanied by effective regulation and the development and deregulation of associated markets.Raw materials inventories in the manufacturing sector in the 1970s, 1980s, and 1990s were two to five times as high in developing countries as in the United States, despite the fact that in developing countries real interest rates are at least twice as high. Given the high cost of capital in most developing countries, these high inventory levels have an enormous impact on the cost of doing business and on productivity and competitiveness. Poor infrastructure and ineffective regulation as well as deficiencies in market development - rather than the traditional factors used in inventory models, such as interest rates and uncertainty -are the main determinants of these differences.Cross-country estimates show that a one-standard-deviation improvement in infrastructure reduces raw materials inventories by 27-47 percent. Poorly functioning markets, as measured by the ratio of transfers and subsidies to GDP, are also an important factor, with a one-standard-deviation improvement leading to a 19-30 percent reduction in raw materials inventories.Guasch and Kogan show that these reductions in raw materials inventories are not offset by a reduction in finished goods inventories upstream. The policy implications are clear and strong. Improvements in infrastructure (roads, ports, and telecommunications) can help to significantly reduce inventory levels (and thus the cost of doing business), especially when accompanied by effective regulation and the development and deregulation of associated markets.This paper - a joint product of the Office of the Senior Vice President and Chief Economist, Development Economics, and the Finance, Private Sector, and Infrastructure Sector Management Unit, Latin America and the Caribbean Region - is part of a larger effort in the Bank to assess and improve the competitiveness and productivity of developing countries. The authors may be contacted at.
Just-in-case Inventories by J. Luis Guasch,Joseph Kogan Pdf
The authors find that raw materials inventories in the manufacturing sector in the 1970s and 1980s were two to three times higher in developing countries than in the United States, despite the fact that in most developing countries real interest rates were at least twice as high. Those significantly high levels of inventories are a burden and an obstacle to country competitiveness and need to be addressed. Poor infrastructure and ineffective regulation, as well as deficiencies in market development, rather than the traditional factors used in inventory models (such as interest rates and uncertainty), are the main determinants and explain these differences. Cross-country estimations show that a one standard deviation worsening of infrastructure increases raw materials inventories by 11 percent to 37 percent, and a one standard deviation worsening of markets increases raw materials inventories by 18 percent to 37 percent. These findings are robust across a number of different proxies and specifications, including an industry-level specification that controls for fixed country effects.
Guasch and Kogan find that raw materials inventories in the manufacturing sector in the 1970s and 1980s were two to three times higher in developing countries than in the United States, despite the fact that in most developing countries real interest rates were at least twice as high. Those significantly high levels of inventories are a burden and an obstacle to country competitiveness and need to be addressed. Poor infrastructure and ineffective regulation, as well as deficiencies in market development, rather than the traditional factors used in inventory models (such as interest rates and uncertainty), are the main determinants and explain these differences. Cross-country estimations show that a one standard deviation worsening of infrastructure increases raw materials inventories by 11 percent to 37 percent, and a one standard deviation worsening of markets increases raw materials inventories by 18 percent to 37 percent. These findings are robust across a number of different proxies and specifications, including an industry-level specification that controls for fixed country effects.This paper - a product of the Finance, Private Sector, and Infrastructure Unit, Latin America and the Caribbean Region - is part of a larger effort in the region to improve country competitiveness.
Climate Change and Developing Countries by Nijavalli H. Ravindranath,Jayant A. Sathaye Pdf
Among global environmental issues, climate change has received the largest attention of national and global policy makers, researchers, industry, multilateral banks and NGOs. Climate change is one of the most important global environmental problems with unique characteristics. It is global, long-term (up to several centuries) and involves complex interactions between climatic, environmental, economic, political, institutional and technological pressures. It is of great significance to developing countries as all the available knowledge suggests that they, and particularly their poorer inhabitants, are highly vulnerable to climate impacts. The projected warming of 1. 4 to 5. 8° C by 2100 and the related changes in rainfall pattern, rise in sea-level and increased frequency of extreme events (such as drought, hurricanes and storms) are likely to threaten food security, increase fresh water scarcity, lead to decline in biodiversity, increase occurrence of vector-borne diseases, cause flooding of coastal settlements, etc. Recognizing the potential threat of severe disruptions, the United Nations Conference on Environment and Development was organized in 1992 in Rio de Janeiro, Brazil to begin to address ways to reduce these impacts, which led to the formulation of the UN Framework Convention on Climate Change. This Convention and the subsequent Kyoto Protocol recognize “the common but differentiated responsibility” of developing and industrialized countries in addressing climate change. Developing countries thus have a unique role to play in formulating a sound, reasoned, and well informed response to the threat of climate change.
Inventories in National Economies by Attila Chikán,Erzsébet Kovács,Zsolt Matyusz,Magdolna Sass,Péter Vakhal Pdf
This book introduces a new approach in the field of macroeconomic inventory studies: the use of multivariate statistics to evaluate long-term characteristics of inventory investments in developed countries. By analyzing a 44-year period series of annual inventory change in percentage of GDP in a set of OECD countries, disclosing their relationship to growth, industry structure and alternative uses of GDP (fixed capital investments, foreign trade and consumption), it fills a gap in the economic literature. It is generally accepted that inventories play an important role in all levels of the economy. However, while there is extensive literature on micro- (and even item-) level inventory problems, macroeconomic inventory studies are scarce. Both the long-term processes of inventory formation and their correlation with other macroeconomic factors provide interesting conclusions about economic changes and policies in our immediate past, and present important insights for the future.
Greenhouse Gas Emission Inventories by Barbara V. Braatz,B.P. Jallow,S. Molnár,D. Murdiyarso,M. Perdomo,John F. Fitzgerald Pdf
International concern for the continued growth of greenhouse gas emissions, and the potentially damaging consequences of resultant global climate change, led to the signing of the United Nations Framework Convention on Climate Change by 155 nations at the Earth Summit in June 1992. The Convention came into force on 21 March 1994, three months after receiving its 50th ratification. All Parties to the Convention are required to compile, periodically update, and publish national inventories of anthropogenic greenhouse gas emissions and sinks using comparable methodologies. In support of this process, the US Country Studies Program (US CSP) is providing financial and technical assistance to 56 developing and transition countries for conducting national inventories. This book presents the results of preliminary national inventories prepared by countries participating in the US CSP that are ready to share their interim findings. In some cases, inventories were prepared with support from other organizations. Preliminary inventories of twenty countries in Africa, Asia, Central and Eastern Europe and the Newly Independent States, and Latin America are presented, as well as regional and global syntheses of the national results. The regional and global syntheses also discuss results of eleven other preliminary national inventories that have been published elsewhere with the assistance of other programs. Results are discussed in the context of national and regional socioeconomic characteristics, and the regional and global syntheses compare national inventory estimates to other published estimates that are based largely on international databases. Papers also discuss inventory development issues, such as data collection and emission factor determination, and problems associated with applying the IPCC inventory methodologies. The preliminary inventory results reported here represent significant progress towards meeting country commitments under the Framework Convention, and provide useful information for refining international greenhouse gas emission databases and improving inventory methodologies. As the first book to compile national greenhouse gas emission estimates prepared by national experts in developing countries and countries with economies in transition, this will be an invaluable resource to scientists, policymakers, and development specialists in national, regional and global anthropogenic sources and sinks of greenhouse gases.
National Research Council,Division on Earth and Life Studies,Board on Atmospheric Sciences and Climate,Committee on Methods for Estimating Greenhouse Gas Emissions
Author : National Research Council,Division on Earth and Life Studies,Board on Atmospheric Sciences and Climate,Committee on Methods for Estimating Greenhouse Gas Emissions Publisher : National Academies Press Page : 124 pages File Size : 44,9 Mb Release : 2010-07-28 Category : Nature ISBN : 9780309152112
Verifying Greenhouse Gas Emissions by National Research Council,Division on Earth and Life Studies,Board on Atmospheric Sciences and Climate,Committee on Methods for Estimating Greenhouse Gas Emissions Pdf
The world's nations are moving toward agreements that will bind us together in an effort to limit future greenhouse gas emissions. With such agreements will come the need for all nations to make accurate estimates of greenhouse gas emissions and to monitor changes over time. In this context, the present book focuses on the greenhouse gases that result from human activities, have long lifetimes in the atmosphere and thus will change global climate for decades to millennia or more, and are currently included in international agreements. The book devotes considerably more space to CO2 than to the other gases because CO2 is the largest single contributor to global climate change and is thus the focus of many mitigation efforts. Only data in the public domain were considered because public access and transparency are necessary to build trust in a climate treaty. The book concludes that each country could estimate fossil-fuel CO2 emissions accurately enough to support monitoring of a climate treaty. However, current methods are not sufficiently accurate to check these self-reported estimates against independent data or to estimate other greenhouse gas emissions. Strategic investments would, within 5 years, improve reporting of emissions by countries and yield a useful capability for independent verification of greenhouse gas emissions reported by countries.
National Forest Inventories by Erkki Tomppo,Thomas Gschwantner,Mark Lawrence,Ronald E. McRoberts Pdf
Forest inventories throughout the world have evolved gradually over time. The content as well as the concepts and de?nitions employed are constantly adapted to the users’ needs. Advanced inventory systems have been established in many countries within Europe, as well as outside Europe, as a result of development work spanning several decades, in some cases more than 100 years. With continuously increasing international agreements and commitments, the need for information has also grown drastically, and reporting requests have become more frequent and the content of the reports wider. Some of the agreements made at the international level have direct impacts on national economies and international decisions, e. g. , the Kyoto Protocol. Thus it is of utmost importance that the forest information supplied is collected and analysed using sound scienti?c principles and that the information from different countries is comparable. European National Forest Inventory (NFI) teams gathered in Vienna in 2003 to discuss the new challenges and the measures needed to get data users to take full advantage of existing NFIs. As a result, the European National Forest Inventory Network (ENFIN), a network of NFIs, was established. The ENFIN members decided to apply for funding for meetings and collaborative activities. COST– European Cooperation in Science and Technology - provided the necessary ?n- cial means for the realization of the program.
Sustainable Forestry Challenges for Developing Countries by Matti Palo,G. Mery Pdf
This book is an outcome of a research project on "Sustainable Forestry and the Environment in Developing Countries". The project has been run by Metsantutki muslaitos METLA -the Finnish Forest Research Institute since 1987 and will be completed this year. A major output by this project has so far been a report in three volumes on "Deforestation or development in the Third World?" The purpose of our multidisciplinary research project is to generate new knowl edge about the causes of deforestation, its scenarios and consequences. More knowledge is needed for more effective, efficient and equitable public policy, both at the national and intemationallevels in supporting sustainable forestry in develop ing countries. Our project has specifically focused on 90 tropical countries as one group and on three subgroups by continents, as well as the three case study countries, the Philippines, Ethiopia and Chile. The University of Joensuu has been our active partner in the Philippine study. We have complemented the three cases by the analyzes of Brazil and Indonesia, the two largest tropical forest-owning countries. Some other interesting country studies were annexed to complement our book both by geography and expertise. The United Nations University, World Institute for Development Economics Research, UNUIWIDER in Helsinki Finland has also been partly engaged. Most of the results from its project on "The Forest in the South and North in Context of Global Warming" will, however, be published later in a separate book.
Biomass Burning and Global Change: Remote sensing, modeling and inventory development, and biomass burning in Africa by Joel S. Levine Pdf
Global Biomass Burning provides a convenient and current reference on such topics as the remote sensing of biomass burning from space, the geographical distribution of burning; the combustion products of burning in tropical, temperate, and boreal ecosystems; burning as a global source of atmospheric gases and particulates; the impact of biomass burning gases and particulates on global climate; and the role of biomass burning on biodiversity and past global extinctions."--Pub. desc.
