Assessing the Impact of Microcredit: A Zambian Case Study

Expectations are high, but evidence of the impact of microcredit remains in short supply. This article estimates the impact of an urban credit programme in Zambia on business performance and on a range of indicators of wellbeing. Borrowers who obtained a second loan experienced significantly higher average growth in business profits and household income. Inflexible group enforcement of loan obligations resulted in some borrowers, especially amongst those who had taken only one loan, being made worse off. Our methodological investigations suggest that the supply of rigorous impact studies can be increased by basing them on data collection that serves a wider range of purposes, including market research.     

All the best things come to those who wait

‘A book may be good for nothing; or there may be onlyone thing in it worth knowing; are we to read it all through?’(Samuel Johnson) This section is dedicated to the review of ideas, articles,books, films and other media. It will include replies (and rejoinders)to articles, the evaluation of new ideas or proposals, and reviewsof books and articles both directly and indirectly related tointellectual property law. In 1966, Professor Benjamin Kaplan gave the Carpentier Lecturesat Columbia University. His subject was copyright law and eachof his three lectures examined a different aspect of that subject.The first looked at the ‘First Three Hundred and FiftyYears’, the second at ‘Plagiarism Reexamined’,and the final at ‘Proposals and Prospects’. Theselectures were     

FAMILICIDE AND FAMILY LAW: A STUDY OF FILICIDE–SUICIDE FOLLOWING SEPARATION*

This article is based on a qualitative study undertaken in Western Australia, which examined in depth seven cases of family homicide followed by suicide where disputed custody and/or access was identified as being an issue. These offenses typically consist of one or more young children being murdered by their father, the homicide being followed by the perpetrator's suicide. Common factors are identified and suggestions made for screening and proactive management of high‐risk cases. Possible explanations of perpetrators’ motivation are proposed. Trauma effects on survivors are described. Recommendations for future policy, practice, and research are made.     

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The US Seventh Circuit of Appeals dismisses a plaintiff's attemptto circumvent the requirement to register a United States workbefore initiating proceedings for copyright infringement.     

The role of women in economic transformation: market women in Sierra Leone

Various studies have concluded that economic life did not die out during the conflict in Sierra Leone, but took on different forms. Different stakeholders at all levels were engaged in economic activities during the war. The specific roles of women in the shadow economy are under-researched, with the result that most analysis and policy-options are inadequate. While some of Sierra Leone's market women strategically participated in war economies to ‘do well out of war’, most did so out of the need to survive. With the end of the war, market women have been able to make a successful transformation to peace economies through micro-credit assistance.     

Perceptions of Time and Their Impact on Negotiations in the Arabic-Speaking Islamic World

This article examines how perceptions of time affect Arabic-speaking Islamic negotiators and how their attitudes about time, and their corresponding behaviors, may differ from those of their Western counterparts. We begin by identifying cultural differences in the conceptualization of time and then comment on the role of time in negotiations, discussing how time influences bargaining, trust, and negotiation tactics. In the section on tactics, we discuss stall-and-delay tactics, the use of the past as an objective standard, and limits on negotiating the future. Our purpose is to encourage negotiators from the West to be knowledgeable about the way they, as well as negotiators from Arabic-speaking Islamic cultures, conceive of and use time in negotiations. We believe that understanding that the very concept of time is often quite different in these two cultures is an important step in facilitating negotiations that cross these cultural boundaries.     

Effects of Term Limits on Fiscal Performance: Evidence from Democratic Nations

Political reputation models featureforward-looking, rational voters whore-elect incumbents based on their estimateof an incumbent's ability level. Fiscalpolicy is one of the ways an incumbentestablishes a reputation and therebysignals this ability level to voters. Thereputation-building framework implies thatterm limits should affect fiscalperformance; a term-limited incumbentplaces less value on reputation-buildingthan an incumbent eligible for re-electiondoes. We examine differences in fiscalperformance in democratic countries underalternative executive term limit regimes. Our results generally agree with the priorfindings of Besley and Case (1995a) whoanalyzed gubernatorial term limits in theAmerican States. We provide new evidencethat the fiscal effects of term limitsdiffer under a two-term rule versus asingle-term rule.