Measuring national interests in the international coffee agreement
This article shows how national interests in price-changing international commodity agreements can be measured. Two approaches are distinguished. Firstly, changes in national interests can be measured that are caused by the introduction of an international commodity agreement in an otherwise unregulated world market. This approach is based on a comparison of the situations with and without a commodity agreement. It represents a positive approach to measuring national interests. Secondly, changes in national interests can be measured that result from the individual country's decision to participate in the agreement or to stay outside. This approach compares the situation of participation with that of non-participation in an existing commodity agreement. As the consequences of a national decision are analyzed, it is a normative or decision-oriented approach to measuring national interests. The ICA is a particularly interesting scheme to show the two approaches, as some countries participate in the agreement while others do not. This has led to the co-existence of a controlled and an uncontrolled market with different prices.
Uncontrolled prices on a market with supply control
Abstract It is investigated in this article how a price-increasing supply control measure on a regulated market influences the price on a parallel, non-regulated market. Determinants of the net impact, including the rigidity of quota policy, are elaborated.
Severe Burns of the Hand: A Practical Guide to Their Management
Abstract Those who work regularly in burns units will be familiar with most of the contents of this paper, but it may be helpful for surgeons who treat hand burns less frequently outside this environment. Several reviews have appeared in recent years and this practical guide is intended to complement these (Salisbury, 1979; Leung and Chow, 1982; Madden and Enna, 1983; Groenevelt and Kreis, 1985; Levine and Buchanan, 1986; Silver, 1987; Grossman, 1990).