Trade creation,trade diversion and effective protection in the central American common market

Aggregate analyses suggest that the formation of the Central American Common Market (CACM) has resulted in little or no trade diversion, but different conclusions apply when the import data are appropriately disaggregated. Increases in the effective rates of protection for consumer goods have led to increased demand for extra‐regional imports of intermediate inputs and decreased demand for extra‐regional imports of final goods. On balance, the CACM is a trade‐diverting customs union for non‐durable consumer goods: trade‐creating effects are present in Honduras and Costa Rica, but trade‐diverting effects dominate in Guatemala, El Salvador and Nicaragua.     

Best Value and the Market Orientation of UK Recreation Centres

This paper explores the similarities between the Best Value initiative and the well-established market orientation construct. It shows that many of the benefits that Best Value could bring to local authority recreation centres could have been achieved more easily by implementing the market orientation philosophy. A study of 67 recreation centres suggests that although market orientation will increase under Best Value, the benefits from this might be somewhat illusory and represent poor value for the administrative and operational burdens entailed.     

The HOPE VI Program: What about the residents?

Abstract

During the 1990s, the federal government dramatically changed its policy on housing the poor. Under the HOPE VI (Housing Opportunities for People Everywhere) Program, the U.S. Department of Housing and Urban Development intended to address the concentration of troubled low‐income households in public housing by moving away from its reliance on project‐based assistance and promoting instead the construction of mixed‐income housing and the use of housing subsidies.

This article presents important evidence from two systematic, multicity studies on how the original residents of HOPE VI developments have been affected by this radical new approach to public housing. While many residents have clearly benefited, the findings raise critical questions about whether the transformation of public housing will achieve its potential as a powerful force for improving the lives of low‐income families.     

Shopping and fishing: where claims of confidentiality meet demands for disclosure

Where a public interest defence is raised, for example by anewspaper, to rebut an assertion by a claimant alleging breachof confidence, and the defence is not purely speculative, theclaimant has to give disclosure in relation to the defence,subject to the search for documents not being disproportionate.