The decline of an export industry,or the growth of Peruvian sugar consumption in the long run

Growth of domestic consumption of agricultural exportables is a neglected aspect of LDCs’ long‐run primary export performance. Price and income elasticities of local demand for specific exportables vary with economic development, so the Peruvian sugar industry was chosen to illustrate how and why such changes occur. Elasticity estimates for different types of sugar are presented for several time periods between 1913 and 1978. A comparison of these results with those of other researchers suggests that aggregating raw, refined and plantation white sugar consumption may bias income elasticity estimates for refined sugar upwards, and price elasticity estimates downwards.     

FORGING ACADEMIC LINKS WITH ASIA

The author reviews the potential for forging academic links with Asia, the different models of engagement available, the balance between academic requirements and financial demands, the governance structures required for building successful, sustainable academic links and finally issues of quality assurance of teaching and research programmes being offered either jointly with partners in Asia or through off-shore campuses. This is the edited text of the Anniversary Lecture which he delivered after the Annual General Meeting on 11 June, 2008.     

South Asian nuclear arms competition: An American perspective∗

The analysis of nuclear arms competition in South Asia forms part of a much larger study of American relations with the region after the Cold War carried out under the auspices of The Asia Society. The nuclear policies of both India and Pakistan enjoy strong domestic political support. While a case can be made that a rudimentary state of nuclear deterrence exists between New Delhi and Islamabad, this may be undermined by deployment on both sides of ballistic missiles.