Academic literature on the topic 'Money management (Title)'

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Journal articles on the topic "Money management (Title)"

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Sakprachawut, Soontaree, and Damien Jourdain. "Land titles and formal credit in Thailand." Agricultural Finance Review 76, no. 2 (July 4, 2016): 270–87. http://dx.doi.org/10.1108/afr-12-2015-0055.

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Purpose – The purpose of this paper is to investigate the effects of land titles and farmers’ characteristics on their participation in the formal credit market in a land reform area of Thailand. Design/methodology/approach – Data collected on 218 farm households in one land reform area of Western Thailand are analyzed with a generalized double-hurdle model to calculate the probability of farm households to take a loan and the size of the loans from a formal credit institute, the Bank for Agriculture and Agricultural Co-operatives. Findings – The results suggest that the absence of a title, whether fully or partially transferable, decreases significantly the participation to the formal credit market and the size of the loans. However, this effect was small. The findings also indicate that the farm assets, household head’s gender and age, and the labor force per hectare were significantly influencing the probability of participation to borrow money as well as the amount borrowed. Practical implications – The possibility given to farmers having title with partial transferability to provide alternative types of guarantees reduced the gap in loan-taking between the different types of land title. However, the presence of a land title, transferable or not, had a significant influence on farmers demand and success in obtaining credit. Originality/value – The paper investigates the possible effects of a unique partial land rights in Thailand that guarantees only security of use of the land but prohibits sale.
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Jurewicz, Aldona Rita. "Actor, colonus, conductor, procurator in einem Brief des Kaisers Honorius." Tijdschrift voor Rechtsgeschiedenis 88, no. 1-2 (June 25, 2020): 94–121. http://dx.doi.org/10.1163/15718190-00880a01.

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Summary In this article the author presents three interpretations of the passage of emperor Honorius’ constitution that has been included in the Theodosian Code under the title quod iussu (CTh 2,31,1). The intention of the author is to prove the thesis that the emperor Honorius accepted a practically existing extension of the use of actio quod iussu to relations between landowners and overseers of the land property. Consequently the actio could be brought against the landowner or possessor of the land (dominus possessionis, cultor terrarum) on the ground that management personnel (servus, actor, conductor, colonus, procurator), regardless of their status libertatis, borrowed money with clear authorisation (iussum). The author does not share the opinion that the background of the emperor’s decision was the economic relation between the landowners and the management personnel.
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E Smith, James. "Stop Doing Stupid: An Essential Requirement For Effective Teaching, Management And Leadership." International Journal of Management Excellence 5, no. 2 (June 30, 2015): 633–37. http://dx.doi.org/10.17722/ijme.v5i2.810.

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There is an old adage that reads “the suffering of fools”, which for this paper is the passive form of the “stop doing stupid” in the title. For either of these sayings the key concern when dealing with foolishness is not only the loss of resources, in time and money, that result from this indulgence and tolerance, but more importantly the direct impact that not objecting can have on morale and the long-term effectiveness of any decision-making process. Whether it is during the teaching of students, the management of people and business processes or more importantly the highly involved and visionary leadership process, the need to speak up and to try to mitigate stupid and wasteful interruptions has become an essential requirement if we are to continue to grow socially and economically. This paper has been prepared to make the case for taking the road less travelled, which has as a reward growing personal self-worth and enhanced social value. It also has the drawback of becoming identified as one of those few that just can’t sit quietly with their mouths shut when some act of foolishness is in motion.
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Hoak, Dale. "The Secret History of the Tudor Court: The King's Coffers and the King's Purse, 1542–1553." Journal of British Studies 26, no. 2 (April 1987): 208–31. http://dx.doi.org/10.1086/385886.

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In his presidential addresses to the Royal Historical Society, G. R. Elton drew attention to the “points of contact” in Tudor central government, namely, the relations of court, council, and Parliament. Among other things, Elton's discussion revealed the need to integrate more fully the often separately related histories of those institutions. Although such an integrated history obviously lies beyond the scope of this essay, part of the subject, Privy Chamber finance, introduces an important, if often secret, point of contact between officers of the royal household and officers of “state”—the management of the king's money. A declaration of money disbursed from Henry VIII's Privy Coffers in 1542–48 and an audit of Edward VI's Privy Purse for the years 1550–51, both discussed here for the first time, disclose some previously unknown aspects of early Tudor government and finance. Taken together, these documents should provide the basis for a deeper appreciation of the dynamics of the English Reformation regime.IResearch of the past decade has revealed the place and importance of the Privy Chamber in the household and government of the Tudor kings. By 1540 a heretofore informal group of the king's body servants and boon companions had acquired wages and administrative functions to match their royally bestowed places and titles. The officers and staff of the king's private apartments now constituted a separate department of the royal household. Of the eighteen gentlemen in ordinary (i.e., in wages), two were honored by the title “chief” because of the intimate nature of their attendance on the king's person. One of them, the groom of the stool, became, ex officio, “first” gentleman.
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Saetgaraeva, L. R., and G. Kh Gilazetdinova. "Structural Organization of the English Cooking Recipes Dating Back to the Second Half of the 19th Century." Uchenye Zapiski Kazanskogo Universiteta. Seriya Gumanitarnye Nauki 163, no. 1 (2021): 101–8. http://dx.doi.org/10.26907/2541-7738.2021.1.101-108.

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The compositional characteristics of the English cooking recipes dating back to the second half of the 19th century were analyzed in detail using the Book of Household Management compiled by Isabella Mary Beeton (also known as Mrs Beeton), a famous Englishwoman, and published in 1861. Owing to the growing interest in the gastronomic discourse, this research is of particular relevance – although the language of cooking is rich, its specifics and evolution have been still understudied. It was found that the soup recipes from the book under consideration have such structural elements as titles, ingredients list, main bodies, and, in some cases, optional elements. All of these elements were described. A classification of the obligatory and optional elements was introduced. All recipe parts (in accordance with P.P. Burkova’s classification) were divided into introductory (title, list of ingredients), instructive (recipe body), and concluding blocks (time and money required for cooking, seasonality of ingredients, number of portions, information about the history of a particular ingredient). It was concluded that the structure of the English cooking recipes of the second half of the 19th century is stereotyped, which can be explained by the author’s ambition to make it easy for young and unskilled housewives to master the art of culinary and housekeeping.
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Mecca, Umberto, Giuseppe Moglia, Paolo Piantanida, Francesco Prizzon, Manuela Rebaudengo, and Antonio Vottari. "How Energy Retrofit Maintenance Affects Residential Buildings Market Value?" Sustainability 12, no. 12 (June 26, 2020): 5213. http://dx.doi.org/10.3390/su12125213.

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By now, it is clear the built environment could play an important role in fighting climate change, since it accounts for around 39% of global energy-related carbon emissions. Generally speaking, Italian residential stock is over 50 years old and around 16% of that needs large interventions due to its poor maintenance condition. So, the maintenance in this context can play a pivotal role in acheiving both energy efficiency and asset valorization. Introduced by a reference framework for the question in the title, this paper presents the case study: a portion of a working-class neighborhoods near the metropolitan city of Turin, marked by very recurrent typologies for the period (early seventies). The local real estate market is discussed to investigate the extraordinary maintenance impact on the property values: the paper considers the market value increase due to the energy class upgrade and the external look improvement. Individual owners putting money on this group of works get a very cost-effective investment and take advantage of Italian legislation supporting these kinds of interventions: the whole is greater than the sum of its parts and in turn greater than the cost assumed for the renovation work.
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Arrahim, Arrahim. "PENGEMBANGAN PENDIDIKAN KARAKTER MELALUI KANTIN KEJUJURAN." Jurnal Civic Hukum 1, no. 2 (November 29, 2016): 49. http://dx.doi.org/10.22219/jch.v1i2.10620.

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The character of nations that now becomes the focus on various life aspects ishonesty. Now, the value of honesty is used as an example of a precious and costly thing. The weak value of honesty in school, like cheating and lying to a teacher, will negatively affect the education process and the learning outcome. The value of honesty can be improved through self-service canteen, so the material or main topic of the lesson in the subject can be immediately implemented. Self-service canteen is one of the effective strategies that enablethe students to learn and practice implementing the values of anti-corruption and as a forum for the education of the prospective anti-corruption national leader. The study conducted at SMA Negeri 8 Malang discussed (1) the implementation of character-building education development through the management of self-service canteen at SMA Negeri 8 Malang, (2) the description of the obstacles found in the implementation, (3) the description of solutionsto reduce the obstacles during the implementation. This study used a descriptive qualitative approach, in which the researcher was directly involved to find out information related to the title of the study. The data were collected through observation, interviews, and documentation. In addition, the informants were the headmaster, vice headmaster for student affairs, the coordinator of anti-corruption education/self-service canteen, civics teacher, and students ofSMA Negeri 8 Malang. Based on the research finding, the conclusion was obtained as follows: (1) Anti-corruption education/self-service canteen was launched 6 months ago. The concept was simple by providing snacks and beverages. The food was displayed on a table with is the price tag. There was a box for money from the box. The management mechanism was fully offered to the students, under the guidance of the management coordinator self-servicecanteen. (2) There was not any available change. Consequently, some students who owed forgot to pay. (3) The coordinator of self-service canteen gave instructions and guidance to the students continuously during the flag ceremony and the class activity, inserted the lesson materials about honesty, fairness, simplicity, struggle, and others.
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Gair, Stuart, and David Salt. "International Standards for Responders1." International Oil Spill Conference Proceedings 2003, no. 1 (April 1, 2003): 1051–53. http://dx.doi.org/10.7901/2169-3358-2003-1-1051.

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ABSTRACT Effective spill response requires trained and competent people, but how do we assess the competence of staff involved in the operation? Within the oil spill response industry there are few systems which assess the competence of staff to undertake their roles. Suitability is often left to the discretion of the response contractor, based on the provision of training but training does not guarantee competence. Therefore as an industry, when using response contractors, does the organisation using the services of the clean-up contractor really know that the team is competent to accomplish the job and are they getting value for money? The terminology used to describe the roles of members in a response team is not common, having a different interpretation in each country. In many cases it is better to describe the competency for the job rather than the use a post title. These are the questions that the OSRL / EARL Alliance have been answering over the past year. A solution has been achieved by developing a Competency Matrix / Database. Through the use of this database we have been able to gain many useful outputs such as personnel development plans, training needs and most importantly a measure of staff competence. By having the ability to measure staff competence, we are now able to demonstrate the level of competence that our response staff require to complete the different tasks required in a spill response. It is important that the industry has confidence the response to the spill is being conducted in the most effective manner and that safety, quality and efficiency are not being compromised at any time. This paper will describe how a system of competency management can ensure that competence is assessed and measured and thus benchmarks and standards can be set for the whole industry.
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Fitz, Don. "Cuba's Medical Mission." Monthly Review 67, no. 9 (February 6, 2016): 54. http://dx.doi.org/10.14452/mr-067-09-2016-02_6.

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<div class="bookreview">John M. Kirk, <em>Health Care without Borders: Understanding Cuban Medical Internationalism</em> (Gainesville, FL: University Press of Florida, 2015), 376 pages, $79.95, hardback.</div>When the Ebola virus began to spread through western Africa in fall 2014, much of the world panicked. Soon, over 20,000 people were infected, more than 8,000 had died, and worries mounted that the death toll could reach into hundreds of thousands. The United States provided military support; other countries promised money. Cuba was the first nation to respond with what was most needed: it sent 103 nurses and 62 doctors as volunteers to Sierra Leone. With 4,000 medical staff (including 2,400 doctors) already in Africa, Cuba was prepared for the crisis before it began: there had already been nearly two dozen Cuban medical personnel in Sierra Leone.&hellip; Since many governments did not know how to respond to Ebola, Cuba trained volunteers from other nations at Havana's Pedro Kour&iacute; Institute of Tropical Medicine. In total, Cuba taught 13,000 Africans, 66,000 Latin Americans, and 620 Caribbeans how to treat Ebola without being infected. It was the first time that many had heard of Cuba's emergency response teams.&hellip; The Ebola experience is one of many covered in John Kirk's new book <em>Health Care without Borders: Understanding Cuban Medical Internationalism</em>.<p class="mrlink"><p class="mrpurchaselink"><a href="http://monthlyreview.org/index/volume-67-number-9" title="Vol. 67, No. 9: February 2016" target="_self">Click here to purchase a PDF version of this article at the <em>Monthly Review</em> website.</a></p>
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Muliawan, Irwan, and Maulana Firdaus. "NILAI EKONOMI EKOSISTEM TERUMBU KARANG DI TAMAN WISATA PERAIRAN KAPOPOSANG, SULAWESI SELATAN." Jurnal Sosial Ekonomi Kelautan dan Perikanan 13, no. 2 (February 8, 2019): 133. http://dx.doi.org/10.15578/jsekp.v13i2.6866.

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ABSTRAK Penilaian terhadap ekosistem pada kawasan konservasi menjadi sangat penting sebagai dasar pertimbangan bagi pengelolaan kawasan konservasi perairan. Kajian ini bertujuan untuk menghitung nilai ekonomi ekosistem terumbu karang di Taman Wisata Perairan (TWP) Kapoposang, Provinsi Sulawesi Selatan. Data primer dikumpulkan melalui wawancara terhadap pemanfaat sumber daya; sedangkan data sekunder berupa jumlah populasi pemanfaat (nelayan) di sekitar kawasan, jumlah wisatawan dan luas kawasan dikumpulkan melalui penelusuran literatur dan laporan-laporan yang tersedia. Analisis data dilakukan menggunakan teknik valuasi ekonomi sumber daya, yaitu teknik Effect on Production dan Zonal Travel Cost Method. Hasil kajian menunjukkan bahwa nilai manfaat ekonomi ekosistem terumbu karang di TWP Kapoposang adalah sebesar Rp1.698.945.542,-/ha/tahun; sedangkan nilai ekonomi wisata di TWP Kapoposang adalah sebesar Rp467.753.989,-/ha/tahun. Nilai ekonomi manfaat wisata terlihat kontradiksi jika dibandingkan dengan total nilai kesediaan membayar (U) yang dibayarkan oleh pengunjung sebesar Rp2.012,-/pengunjung/tahun, yang mengindikasikan penghargaan pengunjung terhadap sumber daya terumbu karang relatif rendah. Pengembangan pariwisata pada kawasan konservasi khususnya di TWP Kapoposang sangat penting dilakukan agar memberikan dampak atau manfaat ekonomi yang tinggi, sehingga pemanfaatan yang bersifat ekstraksi sumber daya pada kawasan konservasi dapat berkurang. Title: Economic Value Of Coral Reef Ecosystem In The Kapoposang Marine Park Conservation, South SulawesiABSTRACT Assessment of economic value of ecosystems in the conservation areas is very important as a basis for consideration of management marine conservation areas. This study aims to estimate the economic value of coral reef ecosystems in Kapoposang Aquatic Tourism Park, South Sulawesi Province. Primary data was collected through interviews with resource users and secondary data in the form of number of users (fishers) around the area, size of the area itself and number of tourists were collected through literature studies and compiled the available report. Data were analysedusing economic valuation techniques, namely Effect on Production and Zonal Travel Cost Method techniques. Results of the study show that the value of the economic benefits of the coral reef ecosystem in the Kapoposang TWP was IDR 1,698,945,542/ha/year whereas for the tourism in Kapoposang TWP was IDR 467,753,989/ha/year. This values were contradicted with the current amount of money paid by tourist visitors of IDR 2.012/visitor/year of which considered their willingness to pay (U) to the resource. The development of tourism in conservation areas, especially in the Kapoposang TWP, is very important to be carried out in order to provide high economic impact or benefits so that the extraction resources utilization in the conservation areas can be reduced.
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Books on the topic "Money management (Title)"

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US GOVERNMENT. Copyright law of the United States of America: Contained in Title 17 of the United States code. Washington, D.C: Library of Congress, U.S. Copyright Office, 1991.

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US GOVERNMENT. Copyright law of the United States of America: Contained in Title 17 of the United States code. Washington, D.C: Library of Congress, U.S. Copyright Office, 1993.

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Canada. Bill: An act to amend the municipal law of Upper Canada as regards statute labour on county roads, and also appropriation of moneys. Ottawa: Hunter, Rose, 2001.

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Canada. Bill: An act for granting to Her Majesty certain sums of money required for defraying certain expenses of the civil government for the year 1865, and for certain other purposes connected with the public service. [Québec]: G.E. Desbarats, 2001.

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Canada. Bill: An act for granting to Her Majesty certain sums of money for defraying certain expenses of the civil government for the year One Thousand Eight Hundred and Fifty Three, for the cost of certain public works, and for certain other expenses connected with the public service. [Québec]: S. Derbishire & G. Desbarats, 2001.

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Canada. Bill: An act for granting to Her Majesty certain sums of money required for defraying certain expenses of the civil government for the year 1856, and for certain other expenses connected with the public service, and also for raising a loan on the credit of the consolidated revenue fund. [Toronto: J. Lovell, 2001.

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장사는 돈 관리다 '구멍'은 막고,'돈맥'은 뚫는 알짜 장사회계. 2003.

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Simon, Gleeson, and Guynn Randall. Bank Resolution and Crisis Management. Oxford University Press, 2016. http://dx.doi.org/10.1093/law/9780199698011.001.0001.

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The 2008 global financial crisis ushered in the biggest explosion in new bank regulation around the world since the Great Depression. Governments and regulators have sought to put measures in place to prevent the failure of banks, but have acknowledged the need for measures to address what happens when banks fail or are threatened with failure. This book deals with the measures which European, US, and international law and policy-makers have sought to put in place to manage failure of financial institutions. Measures such as ‘bail-out’ (protecting private shareholders and creditors against losses) and ‘bail-in’ (imposing losses on shareholders and long-term creditors without causing contagion among short-term creditors) are discussed. The work includes summaries and commentary on the EU Bank Recovery and Resolution Directive, the UK resolution laws including the Banking Act 2009 and amendments to that Act, the Orderly Liquidation Authority under Title II of the US Dodd‒Frank Act, resolution under Chapter 11 of the US Bankruptcy Code, the proposed new Chapter 14 to the US Bankruptcy Code, and the bank resolution provisions of the US Federal Deposit Insurance Act. Special emphasis is given to the practical effect of such measures on financial transactions and their impact on arrangements, such as netting and set-off. There is also commentary on the role of depositor protection schemes and their role in returning money to the depositors in a failing bank.
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Law, Jonathan. A Dictionary of Finance and Banking. Oxford University Press, 2018. http://dx.doi.org/10.1093/acref/9780198789741.001.0001.

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Over 5,500 entriesThe sixth edition of this bestselling dictionary has been fully revised and updated to take into account the ever-developing financial landscape of the last five years. This comprehensive A–Z defines terms from all aspects of personal and international finance, including money markets, private investments and borrowing, central banking, foreign exchanges, monetary policy, and public and government finance. Now with expanded international coverage to reflect the ongoing globalization of financial markets and rapidly developing areas in finance and banking, with new entries such as village banking, Islamic Development Bank, and revolving loan fund.With clear and accessible definitions, this jargon-free dictionary is a companion volume to the other financial titles in this bestselling series—A Dictionary of Business and Management, A Dictionary of Accounting, and A Dictionary of Economics—and provides accurate and valuable information for students, practitioners, private investors, and readers of the financial pages alike.
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Book chapters on the topic "Money management (Title)"

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Fourie, David, and Cornel Malan. "Technological Approach to Ensure Ethical Procurement Management." In Factoring Ethics in Technology, Policy Making and Regulation [Working Title]. IntechOpen, 2021. http://dx.doi.org/10.5772/intechopen.98650.

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Various studies have reported a positive connection between the public procurement and economic performance of a country, in terms of value for money, enhanced human welfare and improved economic growth. According to the World Bank, a distinction can be made between accountable governments where public procurement’s share of the GDP is over fourteen percent, medium accountability countries with a share of thirteen percent and low accountability countries with less than twelve percent. In response to the ever-increasing complexity of procurement, many disruptive innovations as well as rapid developments in digitalization are reforming global supply chains. The principles of a sound procurement system include accountability, competitive supply, and consistency, which when viewed together with ethics and good governance, become the corners stones of an effective, efficient, transparent, and reliable procurement system. Ethical risks are possible in every stage of the procurement process; however, e-procurement has become a powerful tool to curb fraud, corruption, and unethical behaviour in public procurement as it reinforces the ethics of transparency, accountability, and integrity in procurement functions. With e-procurement being a relatively new form of procuring goods and services, it has been up against several challenges, notwithstanding the proven benefits of using electronic means in procurement. The movement to e-procurement has been a slow process globally, but various countries such as Germany, Korea, Brazil, and Zambia have already started to reap the fruits of their efforts. The main benefit of introducing e-procurement recorded by the World Bank has been a marked upturn in transparency and competition. This chapter aims to unpack the link between technology, procurement, and ethics towards the provision of goods and services by governments for the greater good of all.
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Gbolagade Akeem, Lameed, and Lateef Funmilayo Lewiska. "Hunting and Deforestation: A Threat to the Existence of the Niger Delta Red Colobus Monkey (Procolobus epieni)." In Environmental Management [Working Title]. IntechOpen, 2021. http://dx.doi.org/10.5772/intechopen.96885.

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The Niger Delta in Nigeria is the largest wetland in Africa and the third largest mangrove forest in the world. The region is known for its richness in biodiversity as well as its oil and gas resources. Due to the high level of oil exploration, deforestation, hunting and insecurities in these areas, the wildlife especially endemic species like the Niger Delta red colobus becomes vulnerable to extinction. Most researches on their range have noted a significant reduction in their population and range distribution. Hence, up-to-date information on their current status is paramount to ensure proper and urgent conservation measures. Data was obtained through the use of field survey and secondary data. The species was recently discovered endemic to Niger delta region in Nigeria for about 23 years ago and recent studies observed that there has been a drastic reduction in their population and a shift in the range they formally occupied faulting this to anthropogenic activities. This study revealed that the location is under intense timber extraction and hunting and as a result, one of the location in the Apoi creek where it was reported to be present, record no species of Red colobus monkey. Only the red capped mangabey monkey (3) were sighted at the location with some evidence of alligator (10). Result also revealed that most of the communities (age ≤ 30) do not know or have seen the species. The situation at the location is exacerbated because of the level of poverty and insecurity in the areas. Going by the evidence of intense timber extraction and hunting at the location, the number of this species may have drastically reduced compared to what it was formally projected (±200 individuals). It is therefore strongly recommended that a follow up of the research is done in other location where it was reported to be present.
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Moghimi, Bahman, and Camille Kamga. "Transit Signal Priority in Smart Cities." In Transportation Systems for Smart, Sustainable, Inclusive and Secure Cities [Working Title]. IntechOpen, 2020. http://dx.doi.org/10.5772/intechopen.94742.

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Giving priority to public transport vehicles at traffic signals is one of the traffic management strategies deployed at emerging smart cities to increase the quality of service for public transit users. It is a key to breaking the vicious cycle of congestion that threatens to bring cities into gridlock. In that cycle, increasing private traffic makes public transport become slower, less reliable, and less attractive. This results in deteriorated transit speed and reliability and induces more people to leave public transit in favor of the private cars, which create more traffic congestion, generate emissions, and increase energy consumption. Prioritizing public transit would break the vicious cycle and make it a more attractive mode as traffic demand and urban networks grow. A traditional way of protecting public transit from congestion is to move it either underground or above ground, as in the form of a metro/subway or air rail or create a dedicated lane as in the form of bus lane or light rail transit (LRT). However, due to the enormous capital expense involved or the lack of right-of-way, these solutions are often limited to few travel corridors or where money is not an issue. An alternative to prioritizing space to transit is to prioritize transit through time in the form of Transit Signal Priority (TSP). Noteworthy, transit and specifically bus schedules are known to be unstable and can be thrown off their schedule with even small changes in traffic or dwell time. At the same time, transit service reliability is an important factor for passengers and transit agencies. Less variability in transit travel time will need less slack or layover time. Thus, transit schedulers are interested in reducing transit travel time and its variability. One way to reach this goal is through an active intervention like TSP. In this chapter a comprehensive review of transit signal priority models is presented. The studies are classified into different categories which are: signal priority and different control systems, passive versus active priority, predictive transit signal priority, priority with connected vehicles, multi-modal signal priority models, and other practical considerations.
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Dale, Peter, and John McLaughlin. "Economic Issues in Land Administration." In Land Administration. Oxford University Press, 2000. http://dx.doi.org/10.1093/oso/9780198233909.003.0015.

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Land is of such fundamental importance that the land administration function has tended to be taken for granted. Increasingly, however, there is a debate as to how much money should be allocated to this area and with what priority. A host of concerns have been raised with respect to: 1. documenting the benefits and costs of titling and registration projects; 2. financing the construction and ongoing management of land administration infrastructure; 3. developing appropriate pricing strategies and policies for land administration services and products; and 4. examining the economic issues associated with determining the most effective roles for government and the private sector in the land administration field. Where more fundamental assessment of the role of real property has taken place, two schools of thought have emerged that are not mutually exclusive. The first has been based on traditional arguments for detailed a priori benefit/cost assessments (factoring in both quantifiable and non-quantifiable variables); the second and more recent has argued for minimal initial investment in the infrastructure, leaving it to market forces to dictate subsequent developments. The classic work of Gershon Feder and his World Bank colleagues on assessing the benefits of titling and registration has recently been reported in Feder and Nishio (1998). Feder developed a conceptual framework for the economics of land registration, initially in the context of a study on rural Thailand (Feder et al 1988). Two links between titles and economic performance were highlighted: the enhancement of tenure security and the role of titles in collateral arrangements that would facilitate access to institutional credit. Feder’s conceptual framework for evaluating landownership security and farm productivity is illustrated in Figure 11.1. Using empirical evidence from rural Thailand, Feder and his team compared the economic performance of two groups of farmers: one group was without legal titles and operated in forest reserves while the another group had legal titles and operated outside the forest reserve boundaries. Study sites were selected from four provinces, with the comparative groups operating in geographical proximity and within a similar agrarian and climatic environment.
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