This paper argues that law and economics has not come to grips with Arrow's limitation on social welfare economics nor with the evolutionary character of economic and legal institutions. Arrow's theorem makes the concept of a socially efficient economic institution dependent on a prior allocation of property rights. A socially efficient result is efficient only within the bounds of the initial allocation of property rights. A differing initial

Still, more agricultural land is getting abandoned in Slovenia, specially in less favored areas. Such process of degradation of fertile land is most intensively present in the Obalno-kraska region and Goriska. Similar happens with grassland in mountain region as less and less animals which are suitable for that region are bred there. To prevent brush encroachment and to start recultivation of aban

This article is an extract from the bigger document. This articles briefly highlights that the land distribution remains highly unequal in some regions,  Productivity growth of high-input agriculture has slowed down, Increased awareness regarding the detrimental effects of DDT has led to its elimination in many countries, Land under organic farming is increasing but remains concentrated in a few countries.

Since the publication of the Report of the Brundtland Commission (Our Common Future) in 1987, and the consequent Earth Summit on sustainable development, global attention on natural resource scarcity and degradation has been increasing, because of climate change and rising food and energy prices. This awareness, in turn, has led to growing interest in land investments by the private and public sectors. Despite this interest, however, land degradation has not been comprehensively addressed at the global level or in developing countries.

The Mekong region has undergone rapid socio-economic growth over the past two decades alongside pronounced transformations in a number of key sectors and relations between the rural majority and increasingly-aff

The aim of the research was to analyse the urbanized landscape change in Vilnius district. The study covers the period between the years 2009 and 2014. The study used to perform statistical, literary and comparative analysis, inventory, data systematization, graphic modelling and logical abstract methods. The results showed that during the analysed period the urbanized areas of agricultural land increased the most, these areas have increased by 593.26 hectares (30 percent of the total built-up area).

This research focused on the hilly and mountainous area of Yame City, Fukuoka Prefecture, which suffered damage due to the heavy rains that occurred in the northern part of Kyushu in July 2012. The objective of this research was to identify the distribution of damage to agricultural land in the Yame City area and the districts in which it was concentrated. In addition to characterizing the damage, the research was aimed at revealing the activities of aid agencies.