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Full-Text Articles in Social and Behavioral Sciences
Infrastructure For Economic Growth And Development: The Financing Gap, Michael Regan
Infrastructure For Economic Growth And Development: The Financing Gap, Michael Regan
Michael Regan
Extract: Infrastructure is one of the most important tools for accelerating economic development in developing and transition economies. However, the benefits are not always uniform across nations; the results vary significantly between industries, and improved social returns from additional investment have more to do with the procurement method and operational efficiencies than the amount of money that is employed. This article provides a review of the role that infrastructure plays in strengthening economic development and poverty reduction and reducing trade costs to support improved regional cooperation and integration in Commonwealth countries.
Participation In The First Cdm Project: The Role Of Property Rights, Social Capital And Contractual Rules, Yazhen Gong, Gary Bull, Kathy Baylis
Participation In The First Cdm Project: The Role Of Property Rights, Social Capital And Contractual Rules, Yazhen Gong, Gary Bull, Kathy Baylis
Kathy Baylis
Paying developing countries for carbon sequestration is seen as a vital component of climate change mitigation. If appropriately designed, these payments can also transfer income to poor villagers, which can aid both the long-term sustainability of the carbon sequestered, as well as meeting the goal of poverty reduction. However, to encourage the participation of small-scale producers, a CDM forest project must offer sufficient incentives with minimal costs to participants. Both incentives and costs are embedded in property rights, social capital and contractual rules. In this paper, we ask what factors affect participation in the world’s first CDM project, established in …