Local Conflicts and International Compromises: The Sustainable Use of Vicuña in Argentina

The vicuña Vicugna vicugna is a wild South American camelid with a fiber so highly valued that the species was hunted almost to extinction. Strict conservation regulations and international treaties have been successful in causing vicuña populations to recover to a level where it is now possible to develop “sustainable use” programs. In Chile, Bolivia, Peru, Ecuador, and Argentina, vicuña management plans have been developed, with differing biological and socioeconomic implications. The major issue is whether vicuña are managed in the wild or in captivity. The aim of this paper is to examine the forces that have, in recent years, shaped policies concerning vicuña management, and especially the underlying conflict between economic growth and conservation. The analysis draws largely on primary data from Argentina and a report written by the U.S. Department of the Interior, Fish and Wildlife Service concerning the reclassification of vicuña from endangered to threatened. This report is important both directly (because FWS is the key advisory body to the U.S. government and the United States is a major potential market for the fiber), and indirectly, because the views of the United States and its advisers will in turn have a major influence on other actors.     

Dual‐indexed mortgages in reforming socialist economies: Evaluating the risks and institutional requirements

Abstract

Although housing finance systems in reforming socialist economies have attempted to increase their market orientation, the high inflation rates accompanying the reform process have introduced new distortions. Mortgage instruments designed for high‐inflation economies, such as the dual‐indexed mortgage (DIM), can reduce these distortions. However, the introduction of new financial instruments should not be undertaken lightly. Both the performance of the instruments under various macroeconomic conditions and the technical requirements for implementation must be examined carefully.

Such an analysis was performed for the hypothetical introduction of a DIM in Hungary. In the Hungarian example, the risks of losses on a DIM portfolio are minimal and are considerably less than the risk faced by traditional fixed‐rate mortgages. An examination of the institutional and technical issues associated with the DIM shows that reforming socialist economies face special difficulties. In the Hungarian case, as the structure of the economy changes, the accuracy of traditional methodologies for gathering government statistics, and therefore the accuracy of the indices, declines. Lenders have delayed implementation of the instrument for this reason. Lenders in other reforming socialist economies should take such risks into account and should, at the very least, adjust their underwriting standards to account for such risks. In the long run, reconstruction of the government statistical system should alleviate this problem.     

The hidden battle: HIV/AIDS in the household and community

The AIDS epidemic will cause significant increases in illness and death in prime‐age adults, which will manifest itself through negative social, economic and developmental impacts. The epidemics economic impacts at the household level are decreased income, increased health‐care costs, decreased productive capacity and changing expenditure patterns. Three coping strategies are observed: altering household composition; withdrawing savings or selling assets; and receiving assistance from other households. Following death, the impacts break out of the family into the community, primarily through orphaning. In the near future, the sheer number of orphans may overwhelm the capacity of existing community resources to cope. The distribution of the impacts of the AIDS epidemic falls unevenly among the genders. In Africa, women have higher infection rates and bear a disproportionate burden of the care of HIV‐positive people. Orphaned girls are more vulnerable to exploitation.     

Modelling the buried human body environment in upland climes using three contrasting field sites

Despite an increasing literature on the decomposition of human remains, whether buried or exposed, it is important to recognise the role of specific microenvironments which can either trigger or delay the rate of decomposition. Recent casework in Northern England involving buried and partially buried human remains has demonstrated a need for a more detailed understanding of the effect of contrasting site conditions on cadaver decomposition and on the microenvironment created within the grave itself. Pigs (Sus scrofa) were used as body analogues in three inter-related taphonomy experiments to examine differential decomposition of buried human remains. They were buried at three contrasting field sites (pasture, moorland, and deciduous woodland) within a 15 km radius of the University of Bradford, West Yorkshire, UK. Changes to the buried body and the effect of these changes on hair and associated death-scene textile materials were monitored as was the microenvironment of the grave. At recovery, 6, 12 and 24 months post-burial, the extent of soft tissue decomposition was recorded and samples of fat and soil were collected for gas chromatography mass spectrometry (GCMS) analysis. The results of these studies demonstrated that (1) soil conditions at these three burial sites has a marked effect on the condition of the buried body but even within a single site variation can occur; (2) the process of soft tissue decomposition modifies the localised burial microenvironment in terms of microbiological load, pH, moisture and changes in redox status. These observations have widespread application for the investigation of clandestine burial and time since deposition, and in understanding changes within the burial microenvironment that may impact on biomaterials such as hair and other associated death scene materials.     

New Zealand's public sector management reform: Implications for the United States

This article describes the reforms to the functions of central government in New Zealand that have been introduced since 1985. It sketches the political and economic situation which motivated the changes to the systems of public management. Some of the theoretical influences that provided insights to the advice given to the government by its officials are noted. The essential elements of the system are described briefly. The results are summarized in terms of how the ideas were implemented, the extent of their acceptance, the impact on managerial behavior, and the effects on government in terms of the objectives that were originally set out. Some tentative suggestions are made regarding the messages that might be drawn from the New Zealand experience that are relevant to the reforms of the government of the United States.     

Complex financial histories--a problem solved?

The first 150 words of the full text of this article appear below. Key points

• Recognizing the importance of ensuring that the financialhistory presented in a prospectus appropriately reflects thesubstance of an issuer's operations, the European Commissionhas brought forward an amendment to the Prospectus Directiveimplementing Regulation (809/2004) which will take effect fromJanuary 2007. The new law defines two new terms, namely a ‘complexfinancial history’ and a ‘significant financialcommitment’, which if applicable will require an issuerto consider including additional historical financial informationto that of its own.
• Following the Committee of European SecuritiesRegulators' advice on this subject, as well as the views ofmarket participants, the new law does not prescribe the financialreporting solutions to be followed. Rather, it sets out theprinciples to be applied and then allows competent authoritiesflexibility to accommodate solutions that reflect the particularcircumstances of an issuer. Notably, the competent authoritiesare required to take into account the . . . [Full Text of this Article]