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Abstract:
The goal is to try to give inputs on a global problem: eradicating poverty on a global scale. That is, to find evidence and discuss complex problems regarding cronic poverty, a major source of instability in our world today, and to put forward what could be some possible solutions. The aim of this endeavour is to further sensitize public opinion to a major, chronic and exponential problem that is affecting an increasing number of the population world wide.
The focus is on (sub-Saharan) Africa and its (past and present) problems. Sub-Saharan Africa is the region which has the greatest percentage of its population in poverty and also the greatest depth of poverty. Questions that will be explored and addressed are, among others, related to agriculture, water management, education, health, the role of woman in society, and especially micro credits and micro lending - all questions related to how the threat of global poverty can be averted, and how the world can be shaped for the benefit of future generations.
Poverty, Africa, Economic Development
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Abstract:
Only recently, the subject of road pricing to reduce traffic congestion gained increasing importance in Europe. This paper uses a standard microeconomic approach to show that road user price charging to avoid traffic congestion is optimal from a society's point of view as it improves economic efficiency of allocating a scarce resource (road space) by reducing the welfare loss (as being measured by a loss in consumer surplus) for everyone in the society.
Road Pricing, Economic Welfare
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