Tuesday, May 11, 2010

China subsidy for rat-proof refridgerators

This article, at Bloomberg, is an instance of a thoughtful use of stimulus/subsidies. It details how the Chinese government has been subsidizing farmers' purchases of appliances that don't get gnawed on by the rats that cohabitate with them. In view of an article in the New Yorker I recently read on the quest for the perfect stove for use in developing countries (a quixotic quest if ever there was one, since people don't take care of them or use them as directed), it will be interesting to revisit this 3 to 5 years down the road to see what the long term impact has been. Hopefully it delivers sustainable benefits.

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