INTRODUCTION: More than two decades after the initiation of agricultural market reforms in eastern and southern Africa (ESA), governments in the region are increasingly using parastatal grain marketing boards (GMBs) and/or strategic grain reserves (SGRs) to directly influence the prices faced by farmers and consumers (Jayne Chapoto, and Govereh 2007). In Zambia, the government through the Food ...

In the early years of People’s Republic, Chinese Communist Party (CCP) had difficulty in establishing control over grain markets. The implementation Unified Purchase and Sale Grain Policy was a significant step toward this end, part broader move collectivization that would lead to Great Leap Forward, making it sensitive topic for research. By focusing on market policies rural Chongqing, researc...

During the past two decades financial systems world-wide have developed rapidly in terms of size, industry structure, and the range of products and services produced. In Australia the size of the financial system, measured by total assets, has approximately doubled relative to nominal GDP in the past twenty years, while in a number of other countries the growth has been even more dramatic. More...

A market orientation (MO) has long been an essential concept in marketing discipline. Advanced information technologies show a great potential for information acquisition, sharing, and dissemination, all of which are the essential processes of an MO. This paper proposes a framework of an Internet-mediated market orientation (IMO), in which the Internet functions as a transformer of the traditio...

We consider the existence of radially symmetric non-negative solutions for the boundary value problem -Au(x) = lf{u(x)) IMI < 1, x e RN{N > 2) u(x) = 0 ||*|| = 1 where X > 0, f(0) < 0 (non-positone), /' > 0 and / is superlinear. We establish existence of non-negative solutions for A small which extends some work of our previous paper on non-positone problems, where we considered the case N = \ ...

E xecutive compensation is a topic that has received attention both in the media and the academic literature. This article discusses issues relevant to the construction and interpretation of compensation …gures typically reported in both sources. First, it is not clear what precisely should be included within a measure of the chief executive o¢ cer’s (CEO’s) income tied to his …rm. Second, the ...

The efficient market hypothesis states that the market incorporates all available information to provide an accurate valuation of the asset at any given time. However, most models for forecasting the return or volatility of assets completely disregard the arrival of asset specific news (i.e., news which is directly relevant to the asset). In this paper we propose a simple adaptation to the GARC...