Browsing by Person "Maute, Jutta"

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Stabilization via currency board
(2002) Maute, Jutta
The breakdown of the Argentine currency board in early 2002 produced a number of obituaries that often quite rashly declared the country?s monetary constitution since 1991 the main responsible for its recent near-catastrophic economic collapse. Contrary to such rather one-sided negative ascriptions to the currency board system, the intention of this paper is to give a comprehensive and balanced description of the currency board model in theory, as well as to name its functioning conditions under today?s economic and political conditions prevailing in developing and transforming countries. It will become clear that the success of a currency board in terms of lasting stabilization of an economy not only depends on its initial design (e.g. the choice of the anchor currency, of the exchange rate, the legal and institutional fixings) but also on an ongoing process of economic and institutional reform that extends from a general macroeconomic and especially public sector streamlining to banking sector reforms, product and labour marker deregulation, and to a general realignment of the economy towards export orientation and international competitiveness. The extent to which these reforms are tackled and completed decides over the degree to which the economy is able to absorb real shocks without incurring high economic and social adaptation costs, hence over the degree to which a country is able to benefit from the currency board?s strengths without falling victim to its potentially severe weaknesses. Along with some basic reflections about the concept and motivation of modern currency boards, sections 1-3 give a brief overview over the historical background of the currency board idea as well as of its implementation. Section 4 focuses on the constitutional elements of a currency board, while section 5 provides the core of the discussion of pros and cons of currency boards, depicting the system?s strengths and weaknesses as well as the conditions under which they materialize. Section 6 will discuss under which circumstances a currency board is a good choice for a country, and ask whether less strict stabilization policies might be able to deliver the hoped-for benefits less costly. Some problems related to the questions of duration and termination of currency boards are addressed in section 7. Finally, section 8 will give a brief exposition of the idea of dual currency boards as a theoretical extension of the currency board model which promises to eliminate one of the biggest immanent threats to a currency board.
Zweinutzungshuhn – wie schmeckt das? Sensorische Beurteilung von Hühnerfleisch und Eiern von vier Zweinutzungshuhn-Genetiken
(2023) Gebhardt, Beate; Maute, Jutta; Kiefer, Lukas
Research into the sensory properties of meat and eggs from dual-purpose chickens has so far been a niche from a scientific point of view. In cooperation with the EIP-Agri project "ZweiWert", students at the DHBW Heilbronn therefore tasted, analysed and evaluated several dual-purpose chicken genetics in the integration seminar "Dual-purpose chickens: How to communicate the added value" in summer 2023. The genetics “Coffee" from the Ökologische Tierzucht (ÖTZ), "Sundheimer" from the Öko2Huhn project, "RegioHuhn" and "Lohmann Dual" as well as a control group from a classic laying or fattening line were assessed. The aim was to find out how different dual-purpose chickens taste and whether there are sensory differences or special features in meat and eggs Sensory attributes, including appearance, taste and smell, were recorded using a multi-methods assessment sheet. In short, the results of this explorative study show that dual-purpose chickens taste better. However, according to the testers judgement, there are differences not only between the different genetics, but also between the individual parts - breast, drumstick, wings or broth. The sensory profiles of the four dual-purpose chickens tested are varied and do not allow a clear sensory "ranking". The meat from Lohmann Dual apparently corresponds best to consumer preferences, while their eggs (cooked) are the least appealing. Overall, however, there is a consistent sensory superiority of the dual-purpose chickens over the specialised fattening or laying breed. These results - should they be confirmed in further studies - could contribute to increasing consumer acceptance of dual-purpose chickens and addressed in market communication to their further spread. The EIP project titled "Building Value Chains for Dual-Purpose Chickens in Baden-Württemberg" (ZweiWert) is funded by the Ministry of Food, Rural Areas and Consumer Protection of Baden-Württemberg from 01/2022 to 12/2024. Project partners include the Naturland Association of Baden-Württemberg, several departments of the University of Hohenheim, and many partners from agricultural production and marketing.