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The purpose of this paper is to empirically investigate the influencing factors of loan demand in agriculture. With the structural changes that agriculture is undergoing and the accordingly higher financing requirements and volumes, the analysis of loan demand in agriculture is of particular interest.

Detailed actual loan data at farm level, which is provided by a major German development bank for the agricultural sector, is used for the analysis. The data set covers the period from 2010 to 2014 and consists of 68,430 observations. Due to the data structure, an ordinary least square regression is conducted with the loan amount as the dependent variable. Many explanatory variables are included, such as the interest rate, the intended use of the loan, grace periods, the gross value added (GVA) and the business climate index for agriculture.

Amongst others, the authors find that interest rate, GVA, grace periods and farmers’ business expectations have significant effects on the loan demand in agriculture. According to the results, the interest rate has a significant negative effect, whereas the granted grace periods, the GVA in agriculture and farmers’ business expectations have significant positive effects on the loan demand.

This paper investigates the determinants of loan demand in agriculture in a developed country by using unique and comprehensive data at loan and farm level. Amongst others, elasticities of loan demand in agriculture are determined.

The purpose of this paper is to examine literature relating to water management on the Mexico-US border. It suggests avenues that may be valuable in improving cooperation in policy-making between the USA and Mexico on water management issues.

A review of the literature associated with water management on the border of Mexico and the USA is conducted in this paper. The studies are chosen from scholarly databases (pre-eminently EBSCOHost and JSTOR), and are chosen for their depth, authoritativeness of the authors involved, and because of the empirical and quantifiable data they present. The studies selected ranged from the mid-1990s to 2017.

The literature selected for review in this paper demonstrates that shared water resources must be managed in a combination of national and binational ways to lead to sustainability. In the border region, recent initiatives to resolve inequalities have emerged, including steps taken by North American Development Bank to purchase bonds as loans.

Historical approaches to policy have been moderately successful, but policy needs to be updated in line with current circumstances and requirements. There appears to be a misunderstanding of what is currently needed from policy. This paper identifies areas that need updated policy and makes policy recommendations.

Is “Fair Trade” really fair? This case examines the concept, history, and logistics of the Fair Trade movement, specifically for coffee. Fair Trade began as an attempt to ensure farmers received fair compensation for their crops and credit when needed. Fair Trade also provided opportunities to help coffee growers learn best practices and sustainable farming methods (minimal damage to the environment, for example). But Fair Trade had its critics, who claimed that ultimately the farmers did not benefit and that retailers charged more for Fair Trade products and pocketed the difference. This case examines these issues through the eyes of one coffee-drinker who has specifically chosen her caffeine venue because of the Fair Trade designation.

Assesses the extent to which increased bilateral trade between the USA and Mexico has impacted on the employment situation in the USA since the beginning of 1994. Provides a descriptive summary of bilateral trade flows between the USA and Mexico in recent years. Provides a review of recent research on the topic and gives an account of job losses associated with increased imports from Mexico. Attempts to show how changes in exports targeted for Mexico correspond to job creation in the domestic economy and provides a tentative forecast of the job effects of increased exports to Mexico in recent years.

Using the case of a failed airport project in metropolitan Mexico City, this chapter explores the political and economic reasons for urban megaproject failure. It examines the nature of the oppositional alliances; the larger political, economic, institutional, and spatial conditions under which these alliances were forged; and how they forced project proponents to abandon a planned megaproject. In searching for the factors responsible for project failure, the study employs theories of political party competition, bureaucratic–institutional conflict, and social movements. It uses qualitative and historical analysis to focus attention on divisions within and between the political class and citizens driven by democratization, decentralization, and globalization. The case suggests that the historical and institutional legacies of urban and national development in Latin America have created bureaucratic ambiguities and tensions over who is most responsible for major infrastructure development in countries experiencing democratic transition. The failure to successfully build the Mexico City airport megaproject reflects a precarious transitional moment in the country's political and economic development as much as the validity of claims against the project itself. If planners can better situate megaproject development in the context of changing institutional relations between citizens and the state, they may be better able to find common ground.

This chapter looks at the past, present and future of international cannabis control required by the UN drug control conventions in the post-2016 United Nations General Assembly Special Session era with an eye on the next High Level Ministerial Segment (HLMS) at the UN Commission on Narcotic Drugs in 2019, and beyond. From a policy analysis perspective, the author meanders through the increasing tendency to legally regulate recreational cannabis markets notwithstanding the obligation enshrined in the UN drug control conventions to limit cannabis exclusively for ‘medical and scientific’ purposes. Taking into account relevant national and international developments, the chapter describes how the growing discomfort with the status of cannabis and the prohibitive and punitive approach stemming from the international drug control regime went through a process from soft to hard defections of the treaty obligations. The case of the Netherlands demonstrates the difficulty faced by reform-minded states in reconciling their wish for a different cannabis control mechanism with their obligations under international law, resulting in an incomplete regulation of its coffee-shop system, where small amounts of cannabis are tolerated for sale, but where the illicit supply to the shops remained unregulated. Subsequent more wide-ranging reforms to regulate cannabis from seed to sale in Uruguay, several US States and – in 2018 – in Canada, are clearly violating the obligations of the UN drug control conventions. Nevertheless, the HLMS will likely leave the elephant in the room untouched. The emerging paradigm shift regarding cannabis shows that a modernisation of the UN drug control regime is long overdue. This chapter discusses some of the options available.

Previous studies have focused on individual preferences regarding trade liberalization without considering an individual’s perceptions of income inequality. This study aims to utilize the 2007 Latinobarametro to test a hypothesis regarding the relationship between an individual’s perceived income inequality and their support for trade liberalization in their country. The authors focus primarily on Latin America, as it is a region that has a long, entrenched tradition of income inequality with far reaching political and economic consequences. It is also a region that is relatively new to trade liberalization, as it only began to open up in the 1980s, after a decade-long commitment to import substitution industrialization.

The authors utilize a logit model to analyze the 2007 Latinobarametro data to test the hypothesis.

The authors find that individuals who perceive income inequality to be fair in their country are more likely to support trade liberalization, whereas those who perceive income inequality to be unfair are less likely to support liberalization.

This study allows for a more complete portrait of what influences individual preferences toward trade policy and advocates for policy elites to be more responsive to their citizens’ concerns about trade liberalization.

How do traditional state interests fit into a new Europe in which globalization may seem to render them irrelevant? Globalization is often thought of as undermining the sovereignty of states. States are forced to work through multilateral institutions in a globalizing world, which may seem to render states largely irrelevant. As this chapter will show, though, some countries are able to use multilateral institutions (such as the European Union, EU) as a new arena to advance their national goals. Germany is a classic example of such a state. Since its history of aggression has left the country distrusted by its neighbors, Germany has found that it can best advance its national goals by embedding them in multilateral processes – such as European integration.

The following chapter will examine this process by focusing on one case: the role of German–Polish relations in the 2004 expansion of the EU. After an introductory section, the chapter will first focus on Germany's goals, showing how it hoped that expansion would further German national interests, including its economic and security needs and the historical necessity of atoning for the Second World War. Yet Berlin also was careful to avoid overt unilateral actions, working carefully through the EU to advance its agenda. Next, the chapter will trace Germany's actions, showing how it worked to support the 2004 expansion and Poland's inclusion in it, often over the objections of some of its EU partners. Finally, the chapter will detail the outcome of the process, showing that the results were positive for both Germany and Poland, as well as for the overall cause of European integration. Thus, for the Germans at least, the seeming dichotomy between “doing good and doing well” can be reconciled. This may offer a model for other countries to follow, showing that a careful use of state power can advance national goals even in a globalizing world.