Can ICT-enabled real-time data contribute to adaptive management in development programming?

This article aims to explore whether ICT-enabled real-time data (RTD) systems can help to improve the operationalisation of adaptive management of international development programmes. Using a qualitative multi-method approach consisting of 48 semi-structured key expert interviews and four exploratory case studies, we found that RTD can successfully inform rapid tactical adaptive management in development programmes but is, on its own, of only limited use for most strategic adaptive management. The research identified multiple contextual barriers to the use of RTD for adaptive management. These barriers need to be addressed to realise the full potential of real-time adaptive management of programmes.     

The property-contract boundary: an economic analysis of leases

This paper examines how the legal design of a leasing arrangementaffects the value of the leased asset. The model focuses onthe incentive problems that arise when the ownership and useof an asset are separated. The results suggest that an efficientlydesigned lease may involve elements of property law, contractlaw, or both. This conclusion helps explain why the law of leaseshas historically occupied the nexus between these two areasof the common law.