Purchasing power

About: Purchasing power is a research topic. Over the lifetime, 2714 publications have been published within this topic receiving 36866 citations. The topic is also known as: adjusted for inflation.

Managing drug use.

Abstract: This study of Class A drug users in Nottingham identifies a local drug economy with specific demand and supply characteristics. With reference to demand, data are presented on users' purchasing power and purchasing behaviour, including drug re-sales and the use of credit. Crude elasticity relationships are discussed. The analysis of the supply side includes an examination of the dealing system and pricing methods. Following the integration of these two themes by way of summary the paper concludes with a discussion of the implication of its findings for public policy aimed at managing drug use.

Irving fisher, debt deflation, and crises

Abstract: This article reconsiders, in the light of the current financial turmoil, Irving Fisher’s 1911 theory of financial crises and his 1933 debt-deflation theory of Great Depressions. Particular attention is given to the role of high debt ratios, high leverage ratios, and changes in the purchasing power of money in Fisher’s analysis, and to Fisher’s compensated dollar plan to stabilize the purchasing power of money. It is argued that indexing the unit of account would accomplish Fisher’s goal of stabilization without the practical difficulties of Fisher’s compensated dollar plan.

Public Finance in a Developing Country: El Salvador — A Case Study

Abstract: opment has been emphasized at the expense of agriculture-a typical feature in many countries; Turkey has no adequate mechanism for guiding investment into the fields that should have priority; and fiscal policies have obstructed the growth of purchasing power. The Mission then proceeds to state its own program of development for a five-year period, and deals with the major parts of the economy and the chief issues of economic and public policy. The report is replete with major and specific recommendations on agriculture, industry and mining, transportation, education, public health, public administration, and domestic and foreign policy. It concludes with a concrete financial plan for development policies, and is adequately interspersed with statistical data as well as maps. If this reviewer had to choose an example of the international technical assistance studies that demonstrates up-to-date method of economic policy analysis, and makes clear what modern economic advisory services have to offer nations seeking advice, he would unhesitatingly select this Mission's report on Turkey. It illustrates economic statesmanship at its best, and is evidence that the venture of inviting and sending this Mission was a prudent and profitable investment on the side of Turkey as well as the International Bank. The report's successful suppression of all nonessential data and details, and its excellent organization and presentation, are noteworthy. In its economic philosophy and practical approach, the report represents the essence of what the West has to offer in international cooperation toward economic develop

A little help from my friends: how purchasing gains influence in complex business-to-business services: the case of legal

Abstract: Purpose The purpose of this research is to develop an understanding of how purchasing can become meaningfully involved in complex business-to-business service purchases. Design/methodology/approach A single in-depth case study method of an exemplar organization was applied to better understand the purchasing function’s role in adding to the value proposition in complex, non-traditional business-to-business service purchases. Findings Powerful allies or advocates can mediate purchasing involvement in service procurement. However, once the involvement is initiated, purchasing must make a positive contribution with respect to the specific needs and expectations of the budget owner to retain its influence. Research limitations/implications This research extends institutional theory to show how powerful allies or advocates can mediate purchasing involvement in the complex services spend. Practical implications This study describes the potential impact of purchasing’s involvement in complex services spend and highlights the opportunities for purchasing managers to improve supplier management and drive out additional costs. Originality/value For the business practitioner, this research provides evidence regarding how individual functions can gain influence in the organization. A conceptual model describes the meaningful involvement of purchasing in complex business-to-business service purchases.

Determinants of Regional Housing Market in Croatia

Abstract: This paper investigates regional differences in the housing market in Croatia. Housing market in Croatia is still relatively undeveloped, but highly regionally dispersed. Regions characterized by excessive demand on the housing and real estate markets are concentrated in the capital city and recently in the tourist areas. Regions characterized by the excessive supply are those in the economically depressed areas. At the same time, Croatian labour market lacks significant geographical mobility, which contributes to the differences on the housing market as well. Croatian housing market had to experience the phase of price liberalization, as well as other markets in the transition process. This specific liberalization, though, was not considered as a priority during the process. Price developments and turnover dynamics are still bounded by underdeveloped and not updated cadastre, purchasing power of the Croatian residents, newly discovered and soon surpassed credit liabilities, and at this moment still limited possibilities of non-residents real estate purchases. Within the prospect of becoming an EU member, Croatian housing market is expected to gone through significant changes. The main purpose of our paper is to quantitatively assess the situation prior to the EU accession. We apply principles of hedonic price methods in order to estimate the determinants of housing prices, taking account of regional differences. Our database consists of the detailed spatial data. Since the database is relatively new, the time dimension of housing market developments is not assessed in this paper.