Emerging countries that have defaulted on their debt repayment obligations in the past are more likely to default again in the future than are non defaulters with the same debt to GDP ratio. This paper explains this stylized fact within a dynamic stochastic general equilibrium framework that explicitly models renegotiations between a defaulting country and its creditors. Specifically, the model extends the existing literature by allowing the defaulter and creditors to bargain not just over recovery rates, but also over the rate of return offered on newly issued debt.
The obesity of children and young people is an essential reason of the development of the obesity in the adult age with all consequences. The child who is becoming involved in the adolescence overweight, has only, according to Kaplan and Mamel [1995] 25% chances of reaching the correct body weight in the adult age, however if with the obesity he is becoming involved in the maturity, the probability of reducing the body weight to the norm is only 3%.
Children who are overweight experience physiological consequences similar to those of overweight and obese adults. Risk factors for chronic diseases such as heart disease and cancer are prevalent in overweight children, increasing the likelihood of disease development early in adulthood.
Studies have been made on the translocation of C14-labeled solutes (2,4-D, 2,4,6-T and sugar(s)) and labeled solvent (THO or H2O18) in the red kidney bean. Transport of 2,4-D can be controlled by regulating the supply of carbohydrate in the leaves. For the first six hours following treatment of leaves with 2,4-D, the amount of 2,4-D transported to the epicotyl increases linearly with time. Over short time intervals the amount of 2,4-D transported is linearly related to the concentration applied. Over longer time intervals high concentrations of 2,4-D tend to depress transport somewhat. Transport of 2,4-D does not however saturate at concentrations which saturate the growth process of the plant.
