As big companies get bigger, consumers should think small

Article Abstract:

There is a strong trend towards concentration in many industries as global brands become more important, the costs resulting from government regulation rise, investment funds seek to place assets in large units and commercial risks increase. However, there are also powerful forces against concentration, including the need for greater specialization of function, the fact that many services cannot be traded across national borders and growing consumer demand for exclusivity in goods and services. Concentration can be fought by using purchasing power to favour smaller companies.

Analysis, Industrial concentration

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Why Japan should not be taking the US advice

Article Abstract:

The US is misguided in encouraging Japan to raise spending and reduce taxes. This approach would increase Japan's debt burden, and could also push up interest rates, which is exactly the opposite of what Japan requires. It would be much better for Japan to be encouraged to monetize its debt to try to stimulate a small amount of inflation and thus cut the real debt burden. It seems unlikely that the new Japanese cabinet will create a climate in which radicalism can flourish.

Japan, Economic policy

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Why laggards should copy the leaders on environment policy

Article Abstract:

There is significant variation in environmental policies from country to country. In countries with underdeveloped environmental policies, much benefit could be gained from following the example of the most advanced countries.

Administration of Air and Water Resource and Solid Waste Management Programs, Environmental Programs, International aspects, Environmental policy

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