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On The Means Of Payment, Lester G. Telser
On The Means Of Payment, Lester G. Telser
Lester G Telser
Economic Paradise: gold and free banking is the first topic. Paradise Lost: the Garden of Eden has a Serpent is the second topic. The third topic is Fiat Money and the Monetary Authority. It describes some banking reforms proposed by Henry Simons writing during the 1930’s when the U.S. economy was in the Great Depression. The main lesson relevant today is the danger inherent in linking the means of payment to credit. Restoring required reserves on all forms of deposit in banks as well as in firms that offer checkable accounts follows from Simons’ proposals. The fourth topic describes sources …
Impacts Of Formal Financing On The Development Of The Sudanese Agricultural Sector, Issam A.W. Mohamed Professor
Impacts Of Formal Financing On The Development Of The Sudanese Agricultural Sector, Issam A.W. Mohamed Professor
Professor Issam A.W. Mohamed
The agricultural sector of Sudan is faced by many problems. In the irrigated schemes, the government who officially owns most of them there are entrenched managerial problems that brewed for more than six decades. Moreover, the privatization policies of those schemes provoked many outcries and protests. Large schemes like Gezira have collapsed, this year 2011, only 10% of its over one million hectares were cultivated. The rainfed farming is not different with lack of machineries, shortages of available labor and high priced agricultural inputs, it is not expected to fare better than the irrigated schemes. However, even if those problems …