Joseph Battat Is a Lead Economist and Regional Program Coordinator

Total Page:16

File Type:pdf, Size:1020Kb

Joseph Battat Is a Lead Economist and Regional Program Coordinator EMERGING MULTINATIONALS: WHO ARE THEY? WHAT DO THEY DO? WHAT IS AT STAKE? SPEAKER BIOGRAPHIES Monday, 27 March 2006 Joseph Battat is a Lead Economist and Regional Program Coordinator for China and Mongolia at the Foreign Investment Advisory Service (FIAS), a joint facility of the World Bank and International Finance Corporation that helps governments improve the investment climate in their country. He was previously the Manager of FIAS. Prior to joining the World Bank Group, Mr. Battat was a professor of International Business at the School of Business, Indiana University and a Marketing Systems Engineer for IBM in Montreal, Canada. In the late 1970s and 1980s, he worked with the Chinese Government to establish the first MBA program in China. He also helped set up the International Management Center in Budapest, the first market-oriented management education institution in Hungary. Kenneth S. Courtis is the Managing Director & Vice Chairman, Goldman Sachs Asia. Before joining Goldman Sachs, Professor Courtis was Chief Economist and Strategist, Managing Director for the Deutsche Bank Group. Widely sought after for his insights on how global market forces, financial and political developments, and corporate strategy interact, Professor Courtis advises his firm and its major clients on economic, financial, and strategic matters throughout the Asia-Pacific region, as well as in Europe and North America. Professor Courtis has lectured at Keio and Tokyo Universities, l’Institut d'etudes politiques, Paris, and in Universities in North America. He is a member of the boards, advisory councils, and trustee of a number of international firms, universities, and research institutes in Asia, Europe and North America. Professor Courtis received his undergraduate degree from Glendon College in Toronto and an M.A. in international economics from Sussex University in the United Kingdom.. He earned an M.B.A. at INSEAD (the European Institute of Business Administration), and received a Doctorate with honours and high distinction, from l'Institut d'etudes politiques, Paris. Ken Davies is a Senior Economist in the Investment Division of the Directorate for Financial and Enterprise Affairs at the OECD. He was formerly the Chief Economist, Asia and Bureau Chief for the Asia headquarters of the Economist Intelligence Unit (EIU) in Hong Kong. While at the EIU, he wrote the EIU Special Reports Hong Kong to 1994: A Question of Confidence (1989) and Hong Kong after 1997 (1996), as well as numerous quarterly and annual country reports, country forecasts and country risk analyses on a wide range of Asian countries. Ken gained degrees in Chinese Studies (Leeds) in the turbulent 1960s and in Economics (London) in the inflationary 1970s. He is currently in charge of OECD co-operation on investment policies with China and India. In 2003 he published the first OECD Investment Policy Review of China: Progress and Reform Challenges, followed by a similarly-titled review of the Russian Federation in 2004. He will launch the second investment policy review of China, sub-titled Open Policies towards Cross-Border Mergers and Acquisitions, in April this year. Yves Doz is a professor of Business Strategy and the Timken Chaired Professor of Global Technology and Innovation at INSEAD. He has served as Dean of Executive Education (1999-2002) and Associate Dean for Research and Development (1990-1995). Yves Doz received his Doctoral degree from Harvard University and is a graduate of the Ecole des Hautes Etudes Commerciales (Jouy-en-Josas, France). He has taught at the Stanford Graduate School of Business, Harvard Business School (where he started his academic career), the Helsinki School of Economics, and Aoyama Gakuin University in Tokyo. His research on the strategy of multinational companies has led to numerous journal publications and books, including The Multinational Mission (with C.K. Prahalad, 1987), Alliance Advantage (with Gary Hamel, 1998), and From Global to Metanational (with Jose Santos and Peter Williamson, Harvard Business School Press 2001). His research has won several awards, most recently the 2003 Distinguished Scholar Award from the International Management Division of the Academy of Management. 1 Michel Ghertman is Professor of Strategic Management and International Business at the University of Nice-Sophia-Antipolis (Institut d’Administration des Entreprises - I.A.E.), France and Xi’an Jiaotong University, Xi’an, China. He was formerly professor at HEC-Paris (1985-2003). He also taught at the University of California-Berkeley, MIT, UCLA, London Business School and published numerous books and articles on strategic management and international business. He is the former Founding Executive Director of the Institute for Research of Multinationals (IRM–Paris) financed by Nestlé. He was also the Founding Vice-President of the European Academy of International Business (EIBA) and its second President. Fabrizio Guelpa is Head of Industry and Credit Research within the Research Department of Banca Intesa, Milan. He currently heads a group of economists and analysts specialising in industrial sectors, financial intermediaries and corporate bond markets. He formerly worked also in the field of emerging markets, country risk, credit risk management and, with Prometeia Forecasting Association, in the development of sectoral models. He is author of books and articles on M&A, structural change, dynamic competition, financial structure of corporates, relationship banking, trade barriers. Ethan Kapstein is Paul Dubrule Professor of Sustainable Development at INSEAD, and Visiting Fellow at the Institut Francais des Relations Internationales. Previously he was Stassen Professor of International Peace at the University of Minnesota, Vice President of the Council on Foreign Relations, Principal Administrator at the Organization of Economic Cooperation and Development, and Executive Director of the Economics and National Security Program at Harvard University. He is a former international banker and has served as an officer in the United States Navy. A specialist in international economic relations, he has published widely in professional and policy journals, and is the author or editor of eight books, the most recent of which is Sharing The Wealth: Workers and The World Economy. He has been a consultant to many private and public sector organisations, including the World Bank and OECD, and has been a visiting professor at Sciences Po (Paris), the University of Nice, the National Institute for Defense Studies (Tokyo) and the National War College (Washington, DC). Tarun Khanna is the Jorge Paulo Lemann Professor of Business Administration at Harvard Business School. He heads the required Strategy course in the Harvard MBA program and the Strategy, Leadership & Governance Executive Education program, and lectures and consults to companies and governments worldwide. Professor Khanna’s current research focuses on understanding the drivers of entrepreneurship worldwide. As part of the Emerging Giants project, he seeks to understand how to build world-class companies from emerging markets worldwide. A related project, The Dragon and the Elephant, zeros in on China and India, and identifies best practices for local entrepreneurs and multinationals operating in each of these two countries. A recurrent theme through this work is the need to tailor company strategy to local context. His work has been published extensively in academic journals, including Journal of Industrial Economics, Journal of Finance, European Economic Review, Journal of Economics and Management Strategy, Strategic Management Journal, Academy of Management Journal, Organization Science and Management Science. Professor Khanna is a co-editor of the Journal of Economics and Management Strategy, and of the Journal of International Business Studies. His first book, Foundations of Neural Networks (Addison-Wesley Press, 1989), has been translated into Italian and Japanese, and he is a regular contributor to Harvard Business Review and Foreign Policy. 2 EMERGING MULTINATIONALS: WHO ARE THEY? WHAT DO THEY DO? WHAT IS AT STAKE? Maria Laura Lanzeni is a Director at Deutsche Bank Research, the think-tank of Deutsche Bank Group. She heads the emerging markets risk team, a group of economists analysing developments in Eastern Europe, Middle East and Africa, Asia and Latin America. Among other topics, she and her team focus on sovereign risk and country ratings, banking sector analysis, early warning systems for emerging market crises, and medium- and long-term growth prospects for emerging economies. In particular, the enlargement of the European Union towards its east and southeast has been a focal point of DB Research for many years. Before joining Deutsche Bank in 1999, Ms Lanzeni held a senior position at the Inter- American Development Bank in Washington, D.C., and previously she worked at the Central Bank of Argentina and in macroeconomic consultancy. She holds Master’s degrees in Economics from the Institute for World Economics at the University of Kiel, Germany, and the Di Tella Institute, Buenos Aires, Argentina Françoise Lemoine is a senior economist with the Centre d’Etudes Prospectives et d’Economie Internationale (CEPII). Mrs. Lemoine is a graduate of the Institute of Political Studies (IEP) Paris, the University of Paris I (in economics) and INALCO. Her work on the transition economies in Eastern Europe and China has led to numerous journal articles and books, including L'économie chinoise, which has
Recommended publications
  • The London School of Economics and Political Science Mining
    The London School of Economics and Political Science Mining Enterprises and Regional Economic Development: An Exploratory Analysis of the Sustainable Development Model Nicolas Di Boscio Thesis submitted to the London School of Economics for the degree of Doctor of Philosophy London, March 2010 Declaration I certify that this thesis is solely my own work other than where I have clearly indicated that it is the work of others. The copyright of this thesis rests with the author. Quotation from it is permitted, provided that full acknowledgement is made. This thesis may not be reproduced without the prior written consent of the author. I warrant that this authorization does not, as far as I know, infringe the rights of any third party. I wish to extend my thanks to Rio Tinto for the data and material provided and for their support throughout the investigation. As a Rio Tinto employee at the time of writing, I declare that no attempt to interfere with this work or to influence the results of this research has been made by the company or any of its employees. All the views and conclusions put forward are solely my own and do not necessarily represent those of the corporation. 1 Table of contents Abstract ....................................................................................................................... 11 Introduction ................................................................................................................ 12 Chapter 1 - New developments in growth theory ..................................................
    [Show full text]
  • Annual Report 2020
    In pursuit of progress since Annual report 2020 report Annual Annual report 2020 In pursuit of progress since Annual report 2020 report Annual Annual report 2020 CONTENTS ANNUAL REPORT STRATEGIC REPORT 2 Five-year summary 3 Group overview 4 From the chairman 6 From the chief executive 8 From the editor 9 Business review: the year in detail 13 The Economist Educational Foundation 15 The Economist Group and environmental sustainability 17 Corporate governance: the Wates Principles, our Section 172(1) statement and our guiding principles REPORT AND ACCOUNTS GOVERNANCE 22 Directors 23 Executive team 24 Trustees, board committees 25 Directors’ report 28 Directors’ report on remuneration 31 Financial review CONSOLIDATED FINANCIAL STATEMENTS 35 Independent auditor’s report to the members of The Economist Newspaper Limited 38 Consolidated income statement 39 Consolidated statement of comprehensive income 40 Consolidated balance sheet 41 Consolidated statement of changes in equity 42 Consolidated cashflow statement 44 Notes to the consolidated financial statements COMPANY FINANCIAL STATEMENTS 94 Company balance sheet 95 Company statement of changes in equity 96 Notes to the company financial statements NOTICES 108 Notice of annual general meeting 1 STRATEGIC REPORT Five-year summary 2020 2019 2018 2017 2016 £m £m £m £m £m Income statement—continuing business* Revenue 326 333 329 303 282 Operating profit 31 31 38 43 47 Profit after taxation 21 25 28 39 37 Profit on sale of CQ-Roll Call, Inc - 43 - - - Profit on sale of Economist Complex - - - -
    [Show full text]
  • Working Paper No. 163
    Working Paper No. 163 Liberation technology: Mobile phones and political mobilization in Africa by Marco Manacorda and Andrea Tesei | April 2016 1 Afrobarometer Working Papers Working Paper No. 163 Liberation technology: Mobile phones and political mobilization in Africa by Marco Manacorda and Andrea Tesei | April 2016 Marco Manacorda is a professor at Queen Mary University of London, a CEP (LSE) research associate, and a CEPR research fellow. Email: [email protected]. Andrea Tesei is a lecturer at Queen Mary University of London and a CEP (LSE) research associate. Email: [email protected]. Abstract Can digital information and communication technology (ICT) foster mass political mobilization? We use a novel geo-referenced dataset for the entire African continent between 1998 and 2012 on the coverage of mobile phone signal together with geo-referenced data from multiple sources on the occurrence of protests and on individual participation in protests to bring this argument to empirical scrutiny. We find that mobile phones are instrumental to mass mobilization during economic downturns, when reasons for grievance emerge and the cost of participation falls. Estimated effects are if anything larger once we use an instrumental variable approach that relies on differential trends in coverage across areas with different incidence of lightning strikes. The results are in line with insights from a network model with imperfect information and strategic complementarities in protest provision. Mobile phones make individuals more responsive to both changes in economic conditions – a mechanism that we ascribe to enhanced information – and to their neighbours’ participation – a mechanism that we ascribe to enhanced coordination.
    [Show full text]
  • Undermining the Rights and Safety of Workers
    Dirty Metals Undermining the Rights and Safety of Workers Mineworker in South Africa / n October 9, 2003, the south face of the Grasberg gold mine in West Papua, Indonesia, collapsed. OEight workers died and five others were injured. Government investigators turned up evidence that in the days leading up to the accident, seismic data had led mine operators to suspect that slippage was immi- nent, and that key machinery—but not workers—had been moved from below the unstable zone. These were not the first deaths at the Grasberg mine, the largest open-pit gold mine in the world. In May 2000, a landslide at the mine’s waste dump claimed four lives, prompting environmentalists and government Photo: ICEM officials to question the safety of recent production increases.46 In 1983, the chief safety engineer of an unnamed South Rock falls, tunnel collapses, fires, heat exhaustion, and African mining corporation told the Economist that “produc- other dangers claim the lives of over 15,000 miners every tion is more important than safety.” No one in a similar posi- year. (Miners in the notoriously dangerous coal mines of tion would go on record with such a statement today. And it China may account for up to half of these deaths.) is true that over the past 20 years, health and safety condi- According to the International Labour Organization (ILO), tions have improved in large-scale corporate operations in deaths within the mining sector as a whole (both metals most countries. Between 1984 and 2001, for instance, the and coal) account for 5 percent of all worker deaths on the average annual death rate in South African gold mines fell job, even though the sector employs just under 1 percent of from 1.23 per 1,000 workers to 1.05 per 1,000, while the all workers worldwide.
    [Show full text]
  • Press Release
    The Economist Intelligence Unit 20 Cabot Square London E14 4QW Telephone 020 7576 8000 Fax 020 7576 8500 www.eiu.com Press release Press enquiries Joanne McKenna: +44 (0)20 7576 8188 or [email protected] For immediate release: Asking better questions of data boosts performance, says Economist Intelligence Unit report An ability to ask better questions of data is central to driving better business outcomes, according to In search of insight and foresight: Getting more out of big data, an Economist Intelligence Unit report, sponsored by Oracle and Intel. According to a global EIU survey for this report, the vast majority of executives agree that asking better questions of data has already improved their organisation’s performance and will continue to lift it in the coming years. Nevertheless, many companies struggle to use data to gain insight into their business—and foresight into how best to move it forward. Lessons from successful firms reveal that achieving insight and foresight requires crafting savvy questions that test smart hypotheses, both of which are best fostered by open corporate cultures that prize data and its exploration. Other key findings include: • Focusing on a business outcome is crucial, yet a struggle for most companies. Defining, agreeing on and gearing data analyses towards clear, specific and relevant business objectives is difficult for many companies and a critical obstacle to translating data into insights, results and competitive advantage. Executives overwhelmingly consider predictions (70%) the most critical type of data insight for C-level decisions, followed by insights into trends (43%). • The main challenges are people-related.
    [Show full text]
  • Chasing Rainbow
    Chasing the rainbow A survey of South Africa April 8th 2006 Republication, copying or redistribution by any means is expressly prohibited without the prior written permission of The Economist The Economist April 8th 2006 A survey of South Africa 1 Chasing the rainbow Also in this section From revolution to evolution The ANC is becoming a more ordinary party. Page 3 Africa’s hegemon Thabo Mbeki’s many foreign-policy successes, and his one big failure. Page 4 Righting the wrongs of apartheid But armative action has its limitations. Page 6 Ladders out of poverty No education, no future. Page 7 The view from the shacks Since the end of apartheid, South Africa has moved closer to Miserable but not quite hopeless. Page 8 becoming the rainbow nation of Nelson Mandela’s vision. But not nearly close enough yet, says Richard Cockett All together now N THE 12 years since the African National leviate the poverty and degradation of the Public-private partnerships have worked ICongress (ANC) party triumphantly victims of apartheid without resorting to wonders in ghting crime. Page 9 took power in South Africa’s rst multi- counterproductive populism. Despite racial democratic election, there have been inheriting an economic mess from the out- plenty of reasons to be disappointed, even going National Party in 1994, the post- Keep chasing disillusioned, with Africa. The aid dar- apartheid government has managed to If South Africa pursues its rainbow vigorously lings of the West have come and gone. build 1.9m new homes, connect 4.5m enough, it may nd a pot of gold.
    [Show full text]
  • A Survey of Australia May 7Th 2005
    Has he got the ticker? A survey of Australia May 7th 2005 Republication, copying or redistribution by any means is expressly prohibited without the prior written permission of The Economist The Economist May 7th 2005 A survey of Australia 1 Has he got the ticker? Also in this section The limits to growth Australia’s constraints are all on the supply side. They need to be tackled. Page 3 Beyond lucky The economy has a lot more going for it than mineral resources. Page 5 Innite variety A beautiful empty country full of tourist attractions. Page 6 The reluctant deputy sheri Australia’s skilful foreign policy has made it many friends. Keeping them all happy will not be easy. Page 7 God under Howard The prime minister keeps on winning elec- tions because he understands how Australia has changed. Page 9 Australia’s economic performance has been the envy of western countries for well over a decade. But, says Christopher Lockwood, the Australians old and new country now needs a new wave of reform to keep going The country seems to be at ease with its new- HE best-loved character in Australian ment, but to win re-election on, policies est arrivals, but not yet with its rst Tfolklore is the battler, the indomi- that were as brutal as they were necessary. inhabitants. Page 11 table little guy who soldiers on despite all It was under this remarkable Labor team the odds, struggling to hold down his job, that the really tough things were done: the raise his family and pay o his mortgage.
    [Show full text]
  • How to Prevent a Banking Panic: the Barings Crisis of 1890
    How to Prevent a Banking Panic: the Barings Crisis of 1890 Eugene N. White Rutgers University and NBER Department of Economics New Brunswick, NJ 08901, USA [email protected] 175 Years of The Economist A Conference on Economics and the Media London, September 24-25, 2015 0 Since the failure of Northern Rock in the U.K. and the collapse of Baer Sterns, Lehman Brothers and AIG in the U.S. in 2007-2008, arguments have intensified over whether central banks should follow a Bagehot-style policy in a financial crisis or intervene to save a failing SIFI (systemically important financial institution). In this debate, the experience of central banks during the classical gold standard is regarded as crucially informative. Most scholars have concluded that the Bank of England eliminated panics by strictly following Walter Bagehot’s dictum in Lombard Street (1873) to lend freely at a high rate of interest on good collateral in a crisis. This paper re-examines the first major threat to British financial stability after the publication of Lombard Street, the Barings Crisis of 1890. Previous financial histories have treated it as a minor crisis, arising from a temporary liquidity problem that posed no threat to the systems of payment and settlement. However, contemporaries believed that a panic would engulf the financial system if Baring Brothers & Co., Britain’s second largest merchant/investment bank and a highly interconnected global institution, collapsed. New evidence reveals that this SIFI was a deeply insolvent bank whose true condition was obscured in the effort to halt a panic.
    [Show full text]
  • Energy Market Consequences of an Emerging U.S
    Energy Market Consequences of an EmergIng U.S. Carbon Management PolIcy Lithium in Bolivia: Can Resource Nationalism Deliver for Bolivians and the World? David R. Mares, Ph.D. ENERGYforum James A. Baker III Institute for Public Policy • Rice University JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY RICE UNIVERSITY LITHIUM IN BOLIVIA: CAN RESOURCE NATIONALISM DELIVER FOR BOLIVIANS AND THE WORLD? BY DAVID R. MARES, PH.D. BAKER INSTITUTE SCHOLAR FOR LATIN AMERICAN ENERGY STUDIES PREPARED BY THE ENERGY FORUM OF THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY AS PART OF THE STUDY “ENERGY MARKET CONSEQUENCES OF AN EMERGING U.S. CARBON MANAGEMENT POLICY” SEPTEMBER 2010 Lithium in Bolivia THESE PAPERS WERE WRITTEN BY A RESEARCHER (OR RESEARCHERS) WHO PARTICIPATED IN THIS BAKER INSTITUTE STUDY. WHEREVER FEASIBLE, THESE PAPERS ARE REVIEWED BY OUTSIDE EXPERTS BEFORE THEY ARE RELEASED. HOWEVER, THE RESEARCH AND THE VIEWS EXPRESSED WITHIN ARE THOSE OF THE INDIVIDUAL RESEARCHER(S) AND DO NOT NECESSARILY REPRESENT THE VIEWS OF THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY OR THE STUDY SPONSORS. © 2010 BY THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY OF RICE UNIVERSITY THIS MATERIAL MAY BE QUOTED OR REPRODUCED WITHOUT PRIOR PERMISSION, PROVIDED APPROPRIATE CREDIT IS GIVEN TO THE AUTHOR AND THE JAMES A. BAKER III INSTITUTE FOR PUBLIC POLICY. 2 Lithium in Bolivia ACKNOWLEDGMENTS The Energy Forum of the James A. Baker III Institute for Public Policy would like to thank ConocoPhillips for their generous support of this research project. The Baker Institute also thanks the Institute for Energy Economics, Japan, and the sponsors of the Baker Institute Energy Forum for their generous support of this study.
    [Show full text]
  • 2018 Survey Report Table of Contents Executive Summary
    Antitrust Writing Awards 2018 ANTITRUST PROFESSIONAL PUBLICATIONS NEWSLETTERS & CLIENT ALERTS 2018201 SURVEYSURVEY REPORTREPORT POOL & METHODOLOGY The Survey was sent from November 14, 2017 to December 4, 2017 to 6,500 in-house counsels. The counsels interviewed cover more than 15 industries. Among these counsels, 25 % are General Counsels and 75% Antitrust Counsels. Individual answers are kept confidential; only aggregated data are provided herein. Survey Coverage per Geographical Area Survey Coverage per Industry 10 % 13 11 10 % 10 9 8 8 8 Europe 7 America 6 5 5 Asia 40 % 4 3 3 10 % Africa Oceania Energy Media Luxury Automobile Transports Other Industry Entertainment Other Sevices Other Industry Agricultural Products Information Technology 30 % Financial Services/Insurance Pharmaceuticals/ChemicalTelecommunications/Postal Industry Services Survey Coverage: Represented Corporations (excerpt) Aerospace/Defense Airbus, Boeing, Dassault, EADS, Safran, Snecma, Thales... Agriculture/Food Products AB-InBev, Coca-Cola, Bacardi, Kraft, Nestle, Panzani, Pepsico, Saint Louis Sucre... Automobile Ford, General Motors, Nissan, PSA, Renault, Toyota, Volkswagen, Volvo... Energy American Electric Power, BP, E-On, EDF, Exxon, Framatome, GDF Suez, IFP, Powernext, RTE, Shell, Suez Tractebel, Total... Financial Services/Insurance ABN Amro, AGF, American Express, AMF, Axa, Bank of America, Banksys, Banque postale, BNP Paribas, Calyon Bank, Cetelem, CDC, CIC, Cinven, Citigroup, Clinvest, Coface, Credit mutuel, Eurazeo, Euronext, Exane, FBF, Fortis, Groupama, ING, IXIS, JP Morgan, Lazard, Mastercard, Rothschild, Scor, Société Générale, Swift, Thomas Cook, UBS, Weinberg Capital, Wendel, Winterthur, World Bank... Entertainment 21st Century Fox, Clear Channel, Time Warner, Viacom, Walt Disney, Warner Music... Information Technology Amazon, Apple, Ericsson, Google, Hewlett-Packard, IBM, Iliad, LD Com, Microsoft, Nexans, Oracle, Qualcomm, Rim, Samsung, Sony, Spot, Sun Microsystems, Symantec..
    [Show full text]
  • The Economist Intelligence Unit's Quality-Of-Life Index
    THE WORLD IN 2OO5 Quality-of-life index 1 The Economist Intelligence Unit’s quality-of-life index The Economist Intelligence Unit has developed a new Life-satisfaction surveys “quality of life” index based on a unique methodol- Our starting point for a methodologically improved ogy that links the results of subjective life-satisfaction and more comprehensive measure of quality of life is surveys to the objective determinants of quality of life subjective life-satisfaction surveys (surveys of life satis- across countries. The index has been calculated for 111 faction, as opposed to surveys of the related concept of countries for 2005. This note explains the methodology happiness, are preferred for a number of reasons). These and gives the complete country ranking. surveys ask people the simple question of how satisfi ed they are with their lives in general. A typical question Quality-of-life indices on the four-point scale used in the eu’s Eurobarometer It has long been accepted that material wellbeing, as studies is, “On the whole are you very satisfi ed, fairly measured by gdp per person, cannot alone explain the satisfi ed, not very satisfi ed, or not at all satisfi ed with broader quality of life in a country. One strand of the the life you lead?” literature has tried to adjust gdp by quantifying facets The results of the surveys have been attracting that are omitted by the gdp measure—various non- growing interest in recent years. Despite a range of early market activities and social ills such as environmental criticisms (cultural non-comparability and the effect of pollution.
    [Show full text]
  • Local Food Systems: Concepts, Impacts, and Issues, ERR 97, U.S
    United States Department of Agriculture Local Food Systems Economic Research Service Concepts, Impacts, and Issues Economic Research Report Steve Martinez, Michael Hand, Michelle Da Pra, Susan Pollack, Number 97 Katherine Ralston, Travis Smith, Stephen Vogel, Shellye Clark, May 2010 Luanne Lohr, Sarah Low, and Constance Newman da.gov .us rs .e w Visit Our Website To Learn More! w w www.ers.usda.gov/Briefing/ FoodMarketingSystem/ Recommended citation format for this publication: Martinez, Steve, et al. Local Food Systems: Concepts, Impacts, and Issues, ERR 97, U.S. Department of Agriculture, Economic Research Service, May 2010. Use of commercial and trade names does not imply approval or constitute endorsement by USDA. Cover photo credit: Shutterstock. The U.S. Department of Agriculture (USDA) prohibits discrimination in all its programs and activities on the basis of race, color, national origin, age, disability, and, where applicable, sex, marital status, familial status, parental status, religion, sexual orientation, genetic information, political beliefs, reprisal, or because all or a part of an individual's income is derived from any public assistance program. (Not all prohibited bases apply to all programs.) Persons with disabilities who require alternative means for communication of program information (Braille, large print, audiotape, etc.) should contact USDA's TARGET Center at (202) 720-2600 (voice and TDD). To file a complaint of discrimination write to USDA, Director, Office of Civil Rights, 1400 Independence Avenue, S.W., Washington,
    [Show full text]