Day: May 7, 2002

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Mexico attracts U.S. residents seeking lower-cost health care

U.S. residents – primarily tens of thousands of Mexican immigrants – are flocking to Mexico to seek health care. Mexico’s affordable health care draws both the poor and middle-class, both with and without health insurance, who live hundreds of miles from the border. They visit Mexican physicians for dental work

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Regulatory burden on small firms in Europe

The cost of regulation is a global problem affecting both developed and undeveloped countries. Despite the variety of approaches adopted to control regulatory costs, burdens seem to have grown everywhere.

The tax system has been estimated to account for 40 percent to 50 percent of the paperwork costs imposed on

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Consequences of U.S. steel tariffs

The U.S. tariffs on foreign steel are already having consequences, says Bruce Bartlett of the National Centre for Policy Analysis. The Chinese are resisting opening their market to American goods because the U.S. has slapped large tariffs on their steel.

The Europeans immediately drew up a list of $2.1 billion worth

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Economic effects of Kyoto Protocol on Europe

Throughout the negotiations leading to the Kyoto Protocol, which set targets for countries to reduce carbon dioxide emissions by 2010 to below those of 1990 levels, supporters claimed the costs would be minimal. But a new report on Europe shows that Kyoto stands to inflict devastating damage to the economies

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Not all industries would benefit from mass customisation

The success of Dell Computers with mass customisation of personal computers has caught the attention of manufacturers in other industries looking for new ways to reduce inventory costs and offer customised products.

But some studies show that this enthusiasm might be unrealistic. Only a few products have attributes suitable for

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A theory of “valuable rituals”

Economist Michael Suk-Young Chwe has a theory regarding the value of communal activities – such as weddings, the Super Bowl, presidential inaugurations, graduation ceremonies and political rallies.

In his book, “Rational Ritual” (Princeton University Press, 2001), he argues that a presidential inauguration, for example, is important because everyone seeing it

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Boldest school reform effort in America

Philadelphia’s is the first U.S. urban school district taken over by a state that wants to overhaul schools through privatisation. The state took over the city’s troubled public schools in December and decided to turn over more than one-fourth of them to private companies, local universities and community groups.

States are

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Problems with single-payer health insurance

Although Americans soundly rejected “socialised medicine” back in 1993, when the Clinton administration proposed wholesale changes in the health care industry, former Delaware Governor Pete du Pont says self-appointed health care advocates are pushing incremental steps toward national health insurance.

National health insurance is socialised medicine – but proponents are using

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