Płynność finansowa przedsiębiorstw rolniczych w Polsce (na przykładzie uczestników „Rankingu 300”)
The aim of the study was to assess the financial position and liquidity of the best agricultural enterprises in Poland. The study involved 50 companies from the top and 50 from the end of “The Rating of 300”. Quite significant differences in the ratios of current liquidity and fast liquidity were found both between and within the groups of enterprises. Both of the groups of companies were charac-terized by good financial situation.
Pułapka płynności Keynesa a dylematy oceny płynności przedsiębiorstw rolniczych
Defi nition of liquidity and liquidity management was challenged in this paper. Liquidity issues were analysed from different perspectives including motives proposed by Keynes and Keynes’s liquidity trap. It was found that in agricultural enterprises, current ratio can not be considered as a reliable source of information and cash fl ow analysis is recommended.
Deliberative Democracy and the Resource Curse: A Nationwide Experiment in Tanzania
Oil and gas discoveries in developing countries are often associated with short-sighted economic policies and, in response, calls to insulate resource management from populist impulses. We report on a randomized experiment testing methods to overcome this apparent tension between sound resource governance and democratic politics. Soon after Tanzania’s discovery of major natural gas reserves, we invited a nationally representative sample of voters to an intensive public deliberation of policy options featuring nationally recognized experts and small-group discussions. Democratic deliberation reinforced the public’s strong preference for rapid spending of gas revenues, but also increased support for various prudential and economically orthodox measures, including independent oversight of gas revenues, limits on government borrowing, and selling gas abroad rather than subsidizing fuel at home. These effects were driven by deliberation per se, rather than a pure information treatment, and show no evidence of contamination by facilitatoror peer-effects in group deliberations. www.cgdev.org Justin Sandefur, Nancy Birdsall, James Fishkin, and Mujobu Moyo