Suchergebnisse

Provides the history of Winston Churchill's 1946 trip to Fulton, Missouri, where he delivered his Iron Curtain speech, which served to fundamentally define the dangers of Soviet totalitarian Communism

This text provides the history of Winston Churchill's 1946 trip to Fulton, Missouri, where he delivered his Iron Curtain speech (Sinews of peace address), which served to fundamentally define the dangers of Soviet totalitarian Communism

Examines the evolving role of the UN specialized agencies in international responses to complex emergencies, with particular reference to the Food & Agriculture Organization (FAO). Despite shortcomings in both the organization & execution of interventions, FAO does indeed -- as it claims -- have the capacity to be a key player in complex emergencies in terms of emergency & longer-term rehabilitation, as well as preparedness & early warning, & is playing this role with increasing confidence & competence. A main constraint is donor reluctance to fund the kind of operations in which FAO specializes, despite their potential cost-effectiveness & capacity to mitigate crises & reduce relief needs. This is seen as part of a wider donor failure to provide adequate support for responses to complex emergencies that go beyond pure relief in acute, high-profile situations -- something that has increasingly become a preoccupation in & outside the UN system & points to the need for improved coordination & monitoring & evaluation systems. Adapted from the source document.

A response to the article by Baum and MacGregor (1992), "The
initial yield revealed: explicit valuations and the future of property
investment". Contends that the concept of "underlying
investment value" proposed is specific to individual potential
purchasers or to an individual owner. Points out that the application
proposed for "underlying investment value" is similar to the
capital budgeting process and to earlier proposals for a process of
investment selection in American valuation literature. Baum and
MacGregor put forward "a modern explicit method of
valuation", which is, in principle, the "summation
method" and this, too, has been part of American valuation
literature for some time. Criticisms of the summation method are equally
applicable to the modern explicit method, but they have not been
seriously addressed by Baum and MacGregor. Includes corrigenda to the
original article.

The comparison of appraisal and valuation techniques between countries must ideally review methods currently used by practitioners. In the absence of such detailed research, an impression of current practice can be gleaned by comparing recent articles in the main valuation journals in the UK and the USA. This analysis, while not definitive, suggests that certain techniques, such as discounted cash flow, are more readily accepted in the US than in the UK.