eChapters

Abstract

Overall geological histories of the Quaternary deltas of all over the world have been studied considerably, to understand the evolution, eustatic – isostatic changes, land – ocean interactive phenomenon, resources, environment etc. But tectonic signatures of these deltas have been less studied, though these have significance in understanding the natural resources, environment and evaluation of natural disasters. In this context, as the state of Tamil Nadu is a low easterly gradient plain, all the easterly flowing rivers have developed well evolved geomorphic features related to youthful, mature and old stages. Such old stages of the rivers are marked by the spectacular development of deltas. These deltas of Tamil Nadu have been studied in detail for understanding the tectonics with the help of visibly seen tectonic and geomorphic features in satellite based remote sensing and ground based data sets. The study has revealed that the upper age limit / ages of these deltas are probably of Middle to Late Holocene and the various tectonic and geomorphic anomalies observed in these deltas obviously indicate the tectonic processes/ phenomena that prevailed during Middle Holocene - till date. The Proto Cauvery delta of Chennai region is witnessing ongoing NE–SW sinistral, NW–SE dextral and E–W vertical tectonic activities. The streams in Ponnaiyar delta are showing persistent southerly migration due to the probable ongoing land subsidence along NE–SW faults in the southern part of the delta. The Cauvery river which has originally developed a broad bird-foot shaped – arcuate delta, has undergone a phase of anticlockwise rotational migration and stabilized in the northern rim of the delta as Coleroon river during 2300–750 Y.B.P. due to the ongoing tectonic emergence in the south of the delta almost since the last 6000 years or so. The Vellar river, in deltaic regime, shows northerly migration due to E–W grabening in the northern part of the delta. Vaigai and Manimuttar rivers are again migrating northerly in their deltaic regions due to the probable land arching to the south of their present day flow. Thus, the paper discusses the post deltaic / Middle -Late Holocene geological processes of Tamil Nadu deltas which are predominated by tectonic activities.

Abstract

The Cauvery delta is a major bird-foot shaped delta with its apex located east of Tiruchirappalli with the mother channel Cauvery flowing along Thanjavur– Kumbakonam – Kaveripoompattinam. The distributary drainages are radiating over an arc towards east from its apex with a fan shape and finally debouch into the sea from south of Tiruthuraipoondi in the south to Kaveripoompattinam in the north. All these distributary drainages are now seen as palaeochannels including the mother channel Cauvery, which is now called as “Palam Cauvery”. The present day flow of Cauvery river is confined to the northernmost rim of the delta as river Coleroon. On the basis of the archaeological, epigraphic and historical data analysed earlier and the14C dating carried out recently, the present authors infer that the age of the delta may vary from 2300 Y.B.P. ( Years Before Present) to 750 Y.B.P. and the age of the palaeochannels are also younging from 2300 Y.B.P. in the south to 750 Y.B.P. in the north. In the southern part of the Cauvery delta, the Mio-Pliocene Sandstone of Pattukottai-Mannargudi area is undergoing upliftment along N-S faults. On the basis of the rapid land progradation during 6085±233 Y.B.P. - 1020±80 Y.B.P. in Vedaranniyam coast, it is visualized that the Mio-Pliocene Sandstone must be undergoing upliftment significantly since 6100 Y.B.P. onwards. On the basis of the occurrence of older palaeochannels in the south, the gradual younging palaeochannels towards the north and the land emergence in the south of the Cauvery delta in Pattukottai – Mannargudi area, it is concluded that the distributary drainages of river Cauvery would have become sequentially defunct / shifted from south to north and finally the mother channel Cauvery also would have been pushed towards north to reach the present tract of Coleroon river. The thinner palaeochannels in the south and the gradual wider palaeochannels in the north of the delta further indicate that as the land was already undergoing emergence in the south even before river Cauvery has entered into Thanjavur plains, the river could not comfortably spread its distributaries in the south. Hence, the southern distributaries, after a brief flow, would have started drying sequentially from south to north during 2300–750 Y.B.P. thereby the floodwater of each of the southern distributary channel would have been pushed to its successive northern counterpart, i.e. the southern distributary (say 1), pushing its water to its immediate northern counterpart (say 2), then the combined flow of 1 and 2 pushing the water to 3 and so on. The anomalous eyed drainage and its modifications during the last 50–60 years and compressed meanders in Coleroon river, deflected drainages in Palam Cauvery, truncation and punctuation of beach ridges by the E – W faults along the N – S coast and such faults acting as pathways for the sub parallel creeks indicate vibrant Late Holocene geological history predominated by the tectonic movements in Cauvery delta.

Abstract

The drainage pattern and the architecture are the reflections of not only the tectono fabric of a region, but also the active tectonic processes. From amongst many drainage patterns and anomalies, the eyed drainages, deflected drainages and the compressed meanders interpreted from satellite images for Pudukkottai region of Southern Tamil Nadu infer to reflect the active N-S block faults and NE-SW sinistral and NW-SE dextral faults related to post collision tectonic phenomena.

Introduction

The Geoscientists have long back recognized that the drainages are the reflections of the surface and subsurface lithology, structure and tectano fabric and also the active tectonic movements especially of the Quaternary period (Thornbury, 1985). Hence, the Geoscientists have all along been showing greater interest in mapping the drainage patterns. However, the mapping of the drainage patterns and detection of tectonic features there from have gained greater momentum only after the advent of modern Remote Sensing technology. Since the airborne and satellite borne spectral images have the credentials of showing the drainage pattern, the drainage anomalies and the tectonic features related to them all of which were studied in conjunction to bring out information on the geological history of the Quaternary period by many workers (Vaidyanadhan, 1971; Murthy and Sastri, 1981; Agarwal and Mitra, 1991; Ramasamy, 1991; Saravanavel and Ramasamy, 2014).

Abstract

Being the junction between the continental and the oceanic plates, the coastal zones are always tectonically alert and hence vested with number of aults. The study of LANDSAT ETM FCC imagery revealed one such a major fault along NNE-SSW aligned Tamil Nadu coast from Chennai in the North northeast to Cape Comorin in the South southwest. This Precambrian boundary fault shows signs of repetitive reactivation during Gondwana, Tertiary and Late Holocene periods. While in former two periods it shows indications of faulting, in the latter period, it is manifested in the form of drainage deflections indicating sinistral movements of beds. While such sinistral morphology of the fault seems to be related to the Post collision compression, the seismicities in and in its close proximities indicate the seismic significance of this fault. In the context of natural resources and disasters viz: geothermal springs, flooding and seismicities, this fault demands deeper studies.

Introduction

The coastal regions in general form the junction between the continental and oceanic plates. Hence, the coastal regions are always tectonically active and thus vested with coast parallel, tangential and conjugate faults depending upon the tectonic history of the area. In the Indian subcontinent too, all along the 9000 km long east and west coast margins, number of major faults were mapped by the earlier workers. Significantly, Vardarajan and Ganju (1989) have brought out a comprehensive picture on the lineaments of the entire coastal zone of India using Landsat images. Vemban et al. (1977) earlier inferred faults along certain segments of east coast of Tamil Nadu and observed them to be lithological contacts and also seismogenic in nature. Raiverman et al. (1966) have again inferred earlier a N-S curvilinear fault in Thanjavur deltaic region and attributed it to post drift kinematics of the Indian plate. Ramasamy (1989) has brought out the morphotectonic and morphodynamic model of the east and west coasts of India on the basis of tectonic and geomorphic signatures using Landsat satellite images. Ramasamy (2006) developed a first time comprehensive model on the active tectonics of the Indian Peninsular and in which he brought out detailed information on the varied geomorphic, tectonic and hydrological anomalies and inferred them to be related to the whirling and fracturing of the Indian plate due to the still prevailing N–S to NNE – SSw compressive force which originally drifted the Indian plate to the present position after the breakup of the Gondwana land.

Abstract

The frequently recurring earth tremors / Seismicities in parts of Tamil Nadu & Kerala and the earthquakes of higher magnitude in Central India in the recent years have gradually dissolved the concept of shield area stability for the South India and the concept of mid-plate seismicity has emerged in the minds of geoscientists, Hence, the geoscientists have embarked into a number of studies to bringout seismotectonic maps for South India. In this context, a detailed studies have been carried out by the authors in parts of westernghats (Kodaikkanal and Varushanad hills) in Tamil Nadu. In the said study lineaments were interpreted using high resolution IRS satellite data and from the lineament pattern, isofracture, lineament density and lineament interaction intensity the strain maxima axes were drawn. Such strain maximas were observed to fall in N- S, E – W and NE –SW directions. These strain maximas were found to coincide with various drainage anomalies, like radial, compressed meandering and eyed drainages indicating that these lineaments are prone for seismicity/ earth tremors.

Abstract

The coastal regions are always tectonically active since these form the junction between the continental and oceanic plates. These tectonic activities and the resultantly tutored fluvial and marine geomorphic processes and the independent fluvial and marine geomorphic processes carve out the coastal morphology. And if these coastal geomorphic features are studied, it will lead to the understanding of the morphotechtonics. One such a study carried out for a part of Ganjam coast, revealed various geomorphic anomalies viz: presence of high order hill ranges only in the north eastern and south western parts of the area with the central plain, northerly migrating Ganjam river, development of wide beach ridges only along the central plain, all indicating the Late Quaternary upliftment of the central plain.

Introduction

The Indian subcontinent is vested with nearly 9,000km long coastline both in its eastern and the western continental margins. These coasts provide unique configuration with convexities (land protruding into the coast), concavities (vice-versa), deltas of different morphologies, beach ridges and swales, bay mouth bars, peaks, serrations and projections in the shorelines, all indicating the vibrant tectonic, fluvial, marine and aeolian processes. As the coastal zones in general, form the boundaries between the continental and oceanic plate margins, these are inherent weak zones prone to tectonic activities, which in conjunction with other geomorphic processes, provide unique architecture to the coasts with above varied geomorphic features. That too, the Indian coasts were inferred to stand as testimony to the vibrant tectonic activities and other related geodynamic processes of the Quaternary period (Ramasamy, 1989; Ramasamy, 1999).

Abstract

Indian Peninsular shield has been thought as tectonically inert and aseismic for many years by the Geoscientists. But, subsequent to the disastrous earthquakes in Killari, Jabalpur and Kutch, studies have been initiated in multiple directions on various aspects of seismicities. The present study is aimed at bringing out a possible picture on the seismic vulnerability of parts of Westernghats of Tamil Nadu using various tectano geomorphic anomalies like unifrequency lineaments and different levels of dissection of plateaus, denudational geomorphic anomalies like anomalous talus materials and fluvial geomorphic anomalies like radial drainages, compressed meanders, eyed drainages and wider flood plains interpreted from the raw and digitally processed Landsat TM and IRS P6 LISS-III satellite datasets. The subsequent generation of individual GIS layers on these anomalies and their integration revealed that the N-S faults are tectonically active and the NE-SW and NNE-SSW faults are active faults. Many earthquake epicenters were also found to fall along these lineaments / faults.

Introduction

The Indian peninsular shield, exposing the Archaeozoie - Proterozoic piles of rocks, is known for its tectonic inertness and the related land stability. Owing to such shield area character, the geoscientists were also having strong convictions for a long time that seismically the area is safe.

Abstract

Landslides have become a recurring phenomenon in most of the mountainous regions of the world. In Indian peninsular, the landslides which were mostly confined to the tectonically active Himalayan Mountains once, have started spreading over to the other mountain belts of the Peninsula. The Tirumala – Tirupati hills, which is drawing millions of pilgrims from all over the world is facing landslides especially along the newly built southern uphill Ghat Road. The geology of the area, studied using geomatics tools like Remote Sensing, SRTM based Digital Elevation Models, GPS Survey, etc., showed that Tirumala hills is under the grip of upward tectonic movement as evidenced from the N-S and E–W oriented Pleistocene faults, intensely dissected Plateau top Cuddapah Quartzites, retreating escarpments, exhaustive debris slopes, extensive valley fills along the slopes, colluvial fills in lower slopes, palaeo debris flows along the southern and western obsequent slopes of the Tirumala hills etc. All these indicate the inherent landslide vulnerability of the slopes. The E-W trending dykes which are piercing the slopes and standing as ridges add further landslide vulnerability to such fragile slopes. So, the new ghat road laid along such southern slope is obviously facing landslides. However, the detailed geomatics based studies show that the dykes, valley fills and steep slopes are particularly more vulnerable to landslides. Though remedial measures have been broadly evolved, abandoning the southern uphill new ghat road and widening the older northern downhill ghat road seems to be the better and long term feasible alternative to prevent Landslides.

Abstract

Landslides have become a fast spreading epidemic in the mountain belts around the world. As both the natural geosystem and the triggering parameters this phenomenon, the scientists & technocrats from all over the world have started studying it using varying parameters and multivariate advanced scientific tools. In this connection the present study lays an emphasis on the need for giving deserving importance to one of the important geosystem parameters, namely the geomorphology in Landslide Vulnerability Mapping. The same has been accomplished by taking the Nilgiri Mountains of Western Ghats, South India as the test site.

Introduction

Landslides are the most commonly witnessed geohazards in mountainous systems of all over the world causing greater and recurring loss to Man, his properties and to his various developmental programmes. As these landslides mostly occur after heavy rainfalls, it was considered as the most important triggering parameter for the landslides. In indian subcontinent, the landslides of Himalayan region while were inferred to be predominately due to Active tectonics (1,2,3,4,5,6,7,8,9,10) landslides of Westernghats of Maharastra were explained to be the effect of extensive weathering and the rock falls from the cliff and the summit zone (11,12) but in contrast, the landslides of Nilgiri mountains have been attributed to deforestation, direct entry of rain water into the soil system and the resultant pore pressure increase (13,14,15,16,17,18,19,20,21) but the studies carried out (22) in the Nilgiri Mountains indicated that various geosystem parameters viz: Lithology, Structure, Geomorphology, Slope etc., occur in various permutations and combinations and assign different landslide vulnerability grades to the land systems and when such vulnerable zones are interfered by the triggering parameters, the landslides occur.

Abstract

The recent disastrous tsunami of December 26, 2004 has not only alarmed the administrative and the planning machinery to have tsunami mitigation strategies for India. But also signalled the geoscientists to have a deeper look on the phenomenon of tsunami and the vulnerabilities of the Indian coasts. In this context, the authors have conducted a study primarily to evaluate the responses of the coastal Geosystems to the tsunami inundation, as it is a very vital component in f raming strategies for mitigating the effect of tsunami. The study has revealed that the central coastal parts of Tamil Nadu, namely Cuddalore – Nagapattinam districts, which were worst affected by the recent tsunami, expose a combination of landforms of tectonic, fluvial, fluvio – marine and marine processes. These different landforms have responded differently to the recent tsunami viz: as facilitators, carriers, accommodators, absorbers, barriers etc. on the basis of the same, different eco – friendly, cost effective and result oriented methods are suggested to mitigate the effects of tsunamis.

Introduction

Tsunami is an unfamiliar term and also a scantily referred term in the dictionaries in India till December 26, 2004. Even the students of geosciences were all along been taught about the origin and impact of tsunamis by citing examples from the Pacific Ocean. But the term tsunami has now become a widely known and a commonly deliberated phenomenon in India amongst various cross sections of the society irrespective of age and literacy. However, the historical tsunami data (USGS & GSI websites)

Since the dawn of civilization, the human species had an intimate association with fruits, roots, nuts and other vegetables that sustained them through the ages. This mutualism continued and flourished through domestication and organized culture of horticultural crops. Pretty long before, homestead gardening had been evolved in different parts of the globe independently to become a part of tradition in almost every society. Plant domestication by all likelihoods started around the human settlements. The obvious reasons for this were man’s need, better supply of water and organic household wastes and protection against destruction or grazing by animals, that’s why the prospective horticultural enterprise of homestead gardens all over the world is still the most enduring and sustainable form of family food production system and very important micro-units for conservation of plant genetic resources. The traditional and indigenous endeavour of the tribal people for conservation of land races also noteworthy contribution from one generation to the next. Though cereals are staples for most of the world population, there has been sustained emphasis on horticultural crops, particularly vegetables, all over the world during last few decades. The possible reasons are:

The basic feature of the Pre-British India was a village, which was economically a water-tight compartment fulfilling the three basic functions of economy, i.e., production, distribution and consumption, within the village community without outside world dependence, except the salt and kerosene. Every village was a self-sufficient unit with dependence on agriculture carried out by community people of different castes having the occupational specialization with interdependence, viz. jajmani system and alike.

Developments in the means of communications and the opening of Suez Canal in 1869 introduced fundamental and far-reaching changes in the social system and economic life of Indians by transforming self-sufficient village economy to new modes and means based on competition, market and price mechanism. This change was deliberated by Britishers for meeting the requirement of raw material and the diversification to tea, jute and indigo took place. Cotton also got importance but agriculture did not find place for vegetables. Famines were very common and crop production depended on monsoon rains to the large extent. Britishers developed cotton, jute and mineral trade for their vested interests.

Britishers emphasized the development of railways for better mobility of their troops, commercial crop produce and minerals but the Report of Famine Commission 1901 bitterly criticized the Government for the step-motherly treatment given to irrigation facilities as compared to railways. The irrigation policy of the Government in 19th century was determined purely from concerns for adequate returns on investment and profit was of Rs. 81 lakhs after paying 4% interest on amount invested on irrigation development in 1896-97. Irrigation Commission was established and a sum of Rs. 42 crore was spent on irrigation by 1911. By 1930, about 30 million acres were brought under canal irrigation, which was far larger than the irrigated area in any other country of the world. Even in the USA, the area under canal irrigation was two-third that of India. Vegetables cultivation did not find place in Indian agriculture and also in diet of villagers. Their cultivation remained restricted to the periphery of the urban centres for meeting the demand of upper class elites only.

Agriculture is a generic term used to include various types of farming systems, single to multiple crops under various agro-climatic conditions thereby covering crop husbandry, animal husbandry, vegetable growing, floriculture, horticulture, fishery, poultry, goat rearing, piggery, rabbit rearing, sericulture, forestry, vermi-composting, etc. Indian agriculture is a symbiosis of various production systems, a way of life or a tradition, which for the centuries have shaped the thoughts, the outlook, the culture, and the social and economic force of rural life. It is well known for its multi-functionalities of providing employment, cultural heritage, livelihood, social security, family bondage, nutritional and food security. Although agriculture is the main stay of the Indian economy and supports nearly two-third of the work force, yet this is not a highly rewarding enterprise for a large majority of farmers who hold small and marginal size holding. At the same time, the size of the land holding is on a gradual decline, while contribution of farmwomen is on an increase as men go elsewhere in search of better jobs. This sector holds and will continue to be central to all strategies of socio-economic development of the country. A farmer is a multi-purpose entrepreneur (Rajavanshi, 2007).

The importance of vegetables in human nutrition is now well known all over the world. Vegetables are rich and comparatively cheaper source of minerals and vitamins. Their consumption in sufficient quantities provides taste and palatability, increases appetite and provides fair amount of fibre. Besides, they provide many specific chemical substances, which are essential for growth, reproduction and for the maintenance of good health and also beneficial in protecting against some degenerative diseases (Prior and Cao, 2000; David, 2005; Elison and Levin, 2006).

Apart from their nutritive value, vegetables probably do more than any other groups of food to add colour, texture and flavour to our daily diet. Majority of the population in India is vegetarian, and thus, vegetables form an essential item of food for both the rich and the poor people. National Nutrition Monitoring Bureau (1997) surveys indicated that the daily intake of most foodstuffs in Indian households, except for cereals and millets, is much below the recommended dietary allowances (RDA). The diets provided negligible amount of protective foods. It was found that consumption of green leafy vegetables (< 10 g) and other vegetables (70-80 g) per day, which are rich source of micronutrients, are woefully inadequate. However, as per the RDA, an adult man should consume 200 g roots and tubers, 100 g green leafy vegetables and 100 g other vegetables (Table 1) in a day. In addition, fresh fruits (100 g) as available in different seasons should be consumed regularly for the prevention of chronic diseases (NIN, 1998).

Olericulture, a Latin word, is used to designate the science, culture and management of vegetable crops. In India, about more than fifty vegetable crops are grown in different parts, depending on their climatic requirement. A number of vegetables have similarity in their method of cultivation, which makes the package of practices followed by the farmers for their cultivation very complicated and brings about a lot of repetition. Whichever the method is adopted for the classification of vegetables can systematize the preparation and presentation of the material to some extent and can avoid the unnecessary duplication of some of the principles and methods of vegetable cultivation. In different vegetables, different plant parts are used as food in different forms and they belong to different botanical families with varying cultural and climatic requirements but common insect-pests and diseases along with their common control measures.

Various methods may be used to classify all the vegetable crops into different categories but no single method of classification would be useful to serve the purpose for different groups of scientists like taxonomists, botanists, physiologists, horticulturists, agronomists, and breeders. Under field conditions, the classification based on cultural practices has been proved the best adaptable and very useful for the growers. Vegetable crops can be classified in the following ways for the convenience of different groups of scientist and growers:

Olericulture, a Latin word, is used to designate the science, culture and management of vegetable crops. In India, about more than fifty vegetable crops are grown in different parts, depending on their climatic requirement. A number of vegetables have similarity in their method of cultivation, which makes the package of practices followed by the farmers for their cultivation very complicated and brings about a lot of repetition. Whichever the method is adopted for the classification of vegetables can systematize the preparation and presentation of the material to some extent and can avoid the unnecessary duplication of some of the principles and methods of vegetable cultivation. In different vegetables, different plant parts are used as food in different forms and they belong to different botanical families with varying cultural and climatic requirements but common insect-pests and diseases along with their common control measures.

Various methods may be used to classify all the vegetable crops into different categories but no single method of classification would be useful to serve the purpose for different groups of scientists like taxonomists, botanists, physiologists, horticulturists, agronomists, and breeders. Under field conditions, the classification based on cultural practices has been proved the best adaptable and very useful for the growers. Vegetable crops can be classified in the following ways for the convenience of different groups of scientist and growers:

In view of fast development of industrial sector and rapid urbanization, the vegetable gardening of various types has great scope for providing food and nutritional security, promoting health, solving employment problem and raising the economic status of an individual and the country as a whole. In many of the developing countries, protein-energy malnutrition is the most important health problem, which has long-term ailing consequences. Iron and vitamin A deficiencies are also potent contributors towards morbidity, mortality, underweight and stunted growth of individuals. Vegetables from homestead gardens can combat these dreaded social nuisances. In many cases, indigenous vegetables, gathered or grown wild, are more nutritious than foreign high value exotic species (Drescher, 1998). Various types of vegetable farming are being practiced the world over depending on the area available and objectives for the disposal of the produce. Based on the mode of disposal, the vegetable gardening can be categorized into two types:

The importance of fruits and vegetables in human nutrition is well known. Vegetables are a rich and comparatively cheaper source of minerals and vitamins. Besides, their consumption in sufficient quantities provides taste and palatability, increases appetite and provides a fair amount of fibers. These are currently reckoned as an important adjunct for the maintenance of good health and beneficial in protecting against some degenerative diseases, thus, they form a vital part of human diet. Besides, vegetables now a day are being considered as an asset for providing a good source of income to the growers.

Vegetables originated in different parts of the world, some came from tropical or subtropical countries and others from temperate zones, some from humid areas and others from climates that are more arid. Most of the countries in the world are gifted with varied agro-climatic environments for growing an array of vegetable crops to combat the present imbalanced diet of a vast population of the world, particularly in the developing countries. Production of vegetables in developed countries is much higher, for instance in Japan, nearly 40% of the diet of the people is vegetables. To meet out the full dietary needs of the common man, to eliminate malnutrition, deficiency of minerals and vitamins and also to relieve the stress for increased production of cereals, there is a greater need for growing vegetables on larger scale. As such, for increased production of nearly 247 known vegetable crops, a sound knowledge of the various aspects of vegetable production technology, environmental stresses and constraints, techniques of raising, pre- and post-harvest technology, marketing and seed production techniques is of utmost importance. Breeding and selection of new cultivars have allowed for a greater adaptability to less favourable growing conditions than was possible in the past but the inherent agroclimatic requirements of a specific kind of vegetable have not changed materially. Time or season of planting of a particular vegetable crop is determined by its environmental requirement. Knowledge of specific agroclimatic conditions required for a particular crop could enable the grower to select the best season of planting in any particular area (Singh et al., 1991).

Seed is the basic input of agriculture, and its importance has now well recognized in the food supply chain since the warranty for production could be succeeded only based on the availability of seed. Seed becomes the quality seed, on possession of specific characters, viz. germination, vigour, purity and health status, hence, seed production becomes the specified scientific technology with the foreseeing of quality and storability in addition to productivity. From time immemorial, seeds are being imposed with some management techniques for improvement in seed quality and thereby the productivity. These seed management techniques are known as seed treatments. Generally, seed treatment is the application of biological, chemical agents and physical techniques to the seed in order to obtain the benefit of plant protection, production and invigouration. Basically, seed treatments are intended to improve the quality of seeds since nothing can substitute poor quality seed, no matter how lavishly other inputs are spent on the crop established from such seeds. Even for a resource poor farmer, high quality seed would be a great advantage because it ensures the best utility of all inputs in addition to the augmentation of yield increase by 15 to 20%.

In general, seed treatment could broadly be classified into physical and physiological treatment. Physical treatment is external seed treatment, while physiological is impregnation of needy substances into the seed through various seed management techniques. Some of the germination augmenting physiological seed treatments are seed fortification, seed hardening, seed priming, dry permeation and pre-germination. In addition, some of the seeds are imposed with special treatments such as dormancy breaking treatment such as soaking in water, mechanical scarification, acid scarification, bio-scarification, scorching, warm stratification, cold stratification and electrical seed treatment. The common physical seed treatments are seed pelleting, seed coating/film coating and seed colouring. Seeds are also imposed with some other physical treatments that can act on the physiology of the seed such as irradiation, magnetic and electrical seed treatment. In addition, irrespective of seed, seeds are given with protective treatment when they are taken for storage, which are commonly termed as pesticide seed treatment. Seeds are also given with corrective treatment at their initiation reduction with seed quality characters during storage, which are termed as mid storage correction.

Nursery management is indeed a very important operation in successful growing of vegetables especially those, which are raised through seedlings in properly managed nursery beds. Raising nursery from seed provides an easy and convenient way to nourish tender young seedlings in a well-managed small and compact area. The nursery area can be conveniently protected from natural hazards, seed borne diseases and insect-pests and can be well managed economically. Some of the vegetable seeds are very costly, for which it is necessary to raise nursery in the most-optimum conditions. In areas where land holdings are small (in hills), nursery raising helps in making economical use of land for about one month and provides enough time to mature for previous crop, harvesting, threshing and land preparation for next crop. Most of the vegetable crops like cabbage, cauliflower, tomato, eggplant, sweet pepper, hot pepper, onion, celery, parsley, lettuce, etc. can successfully be raised through seed by growing them in the nursery and then transplanting in the field.

“A vegetable nursery is a place or an establishment for raising or handling young vegetable seedlings until they are ready for more permanent planting.”

Nursery can be maintained either for personal or commercial purpose, and each has its own advantages and disadvantages. Seedlings raised for own planting will be true to type, sound and healthy. On the other hand, seedlings purchased from outside may not be true to type, vigorous and healthy and may not arrive at destination in due course of time.

After attaining green revolution, nutritional security is of utmost importance in the current agricultural scenario. Vegetables play a key role in providing nutritional security in the country. They are important and readily available source of mineral nutrients and vitamins and play a vital role in the financial economy of the majority of small and marginal farmers. Further, these roles are becoming more transparent in the light of agriculture diversification as the vegetables have many agro-economic advantages and can fit into varying cropping systems under diversified conditions. After China, India is a leading vegetable producer but the productivity of vegetables per unit area is very low compared to other developed countries. Poor crop stand establishment is one of the factors responsible for low productivity. Yield and productivity can be improved by using advanced technology on the field preparation, optimum sowing conditions, correct nursery practices and planting methods.

Almost all the vegetable crops are propagated by seed, except a few. Crops are raised either by direct seeding in the field or by transplanting seedlings raised in nurseries. Direct seeding is the placement of seeds at desired depth into the final location where soil environment is ideal for optimum germination and crop stand establishment. On the other side, transplanting refers to removal of actively growing seedlings from one place to another with the purpose of having them continue their growth in the new location until harvest.

The vegetable crops like peas, beans, cowpea, okra, beet leaf, spinach, fenugreek, coriander, carrot, radish, turnip, beetroot, etc. are sown directly in the field, while tomato, eggplant, hot pepper, sweet pepper, onion, leek, sweet potato, cabbage, cauliflower, broccoli, Brussels sprout, kohlrabi, kale, lettuce, celery, parsley, rhubarb, squashes, etc. are first sown in the nursery beds where seedlings are raised and then transplanted in the main field. Both direct seeding and transplanting are practiced in most of the cucurbits like gourds, cucumber, melons and pumpkin.

The directly sown vegetable crops do not respond to transplanting because their embryonic roots do not produce lateral fibrous roots after uprooting unlike transplanted crops where numerous fibrous roots are generated, thus, making the plant to absorb more nutrients.

Soil fertility and crop production can be maintained only by efficient and judicious management of nutrients addition to the soil from external sources. Of the two sources most widely used all over the world, one is organic in nature- the organic manures, simply called manures, and the other comprises the synthetic or naturally occurring chemical fertilizers, simply called fertilizers. A brief account of manures is described hereunder:

The word manure came from Middle English manuren meaning to cultivate land, and initially, from French word manoeuvre meaning hand work alluding to the work which involved manuring land. The term manure originally meant that which was worked by hand (Fr. manoeuvre), but gradually, came to apply to any process by which the soil peroperties could be improved. Prominent among such processes was that of directly applying manure to the land, manure in this sense being what is now called farmyard manure or dung, the excreta of farm animals mixed with straw or other litter. Ronald Fisher seems to have used the word manure systematically for what we would call fertilizer today.

Uses of Manure

Manure has been used for centuries as a fertilizer for farming since it is rich in nitrogen and other nutrients, which facilitate growth of the plants. Liquid manure from pig or hog operations is usually knifed (injected) directly into the soil to reduce the unpleasant odours. Manure prepared from hogs and cattle is spread on fields using a manure spreader. Due to the relatively lower level of proteins in grasses, which herbivores eat, cattle manure has a milder smell than the dung of carnivores, e.g., elephant dung is practically odourless. However, due to the quantity of manure applied to fields, odour can be a problem in some agricultural regions. Poultry droppings are harmful to plants when fresh but after a period of composting are valuable fertilizers.

The dried manure of animals has been used as fuel throughout history. Dried manure (usually known as dung) of cow was and still is an important fuel source in countries such as India, while camel dung may be used in treeless regions such as deserts.

Many materials can be applied to the soil as source of plant nutrients but the term fertilizer is often used to refer to relatively soluble nutrient sources with a high analysis or concentration. Commercially available fertilizers supply essential elements in a variety of chemical forms but many are relatively simple inorganic salts. Advantages of commercial fertilizers are their high water solubility, immediate availability to the plants, high concentration and low price per unit of nutrient, and the uniformity and accuracy with which specific amounts of available nutrients can be applied. Since they are relatively homogeneous compounds of fixed and known composition, it is fairly easy to calculate precise application rates and attain relatively consistent performance. This is in contrast to organic nutrient sources, which are a much greater challenge to manage because of their variable composition, variable nutrient availability and patterns of nutrient release that are greatly affected by temperature, moisture and other conditions that alter biological activity.

The solubility of commercial fertilizers can sometimes be a problem since soluble nutrients may move out of farm fields when applied in excess or large rains occur soon after fertilizer application. Soluble nutrients can be lost by leaching on well-drained soils and through tile outlets or in runoff on poorly drained soils. Denitrification can cause large losses of nitrate-N from water-saturated soils in wet springs.

Increasing soil cation exchange capacity by increasing organic matter reduces the movement and loss of some nutrients, although not nitrate-N (an anion). Management practices that synchronize nutrient availability with crop demand and uptake also minimize losses. Both application timing and the amount of fertilizer applied are important. Splitting fertilizer application into several small applications rather than a single large one is especially important to limit nitrogen leaching on well-drained sandy soils. Split nitrogen applications can also reduce nitrogen losses in runoff or from denitrification on poorly drained soils. Excess nutrient applications can be eliminated or at least significantly reduced by soil testing on a regular basis, setting realistic yield goals and fertilizing accordingly, accounting for all nutrient sources such as legumes, manure and other amendments and using plant analysis as a monitoring tool for the fertilizer program.

Increasing food need, decreasing land availability and concurrently attenuating synthetic nutrients supply envisage the use of alternate supplementary inputs for the cultivation of crops. India is among the few nations where systematic farming started thousands of years ago. It was not only the source of income but was also a way of life. Agricultural activities and the techniques adapted to suit local needs and conditions. Different farming systems were followed by the farmers in different areas according to their needs and weather conditions. The produce was usually shared with other communities of the society involved in other professions. Almost all the nutrients removed by the crops were recycled to the soil directly or indirectly (Yadav and Mowade, 2005). In economic terms, the system followed by the then farming community was highly cost effective since all the inputs needed were locally available and practically no expenditure was incurred except labour. The traditional agriculture was though less productive but self-sufficient. With the advent of modern scientific discoveries, agriculture also changed its face, and with the introduction of high yielding varieties, synthetic fertilizers and effective plant protection measures through chemicals, Indian agriculture made rapid strides in the shape of Green Revolution. As an upshot of Green Revolution, the grain production increased two and a half folds in about three decades with a marginal increase in net-area under cultivation.

India is a major exporter of vegetables with 10th position in the world. In the past, the Dexport of Indian vegetables was restricted to potatoes and fresh onions, however, now, the Government of India finds great opportunities for expanding exports of several vegetables including lettuce, fresh peppers, tomatoes, squashes, gherkins, etc. Under World Trade Organization (WTO) regime, the development of stronger seed industry and improved production technology will give India a competitive edge in global market. New opportunities and challenges are emerging every day in the dynamic and global vegetable-based industries. However, such opportunities can be harnessed only if assured quality, in terms of organic farming and reduced pesticide residues, is maintained (Shanmugasundaram, 2004).

Mulching is a practice of covering the surface of soil with plastics, organic and non-organic materials like straw, grasses, sands, stones (boulders), synthetic plastics, etc. to reduce evaporation and to moderate wide fluctuations in diurnal soil temperature, especially in the root zone environment. It controls external evaporability and reduces energy supply to the evaporating site by cutting off solar radiation falling on the ground. Its main function is limited to control first stage of drying, which helps in improving moisture status and reducing soil temperature (Loy and Wells, 1975), besides checking seedling mortality and improving crop stand. It also suppresses weed-flora and reduces weed competition with crop for water and nutrients making them available in greater quantities for crop plants. Moreover, mulching helps in increasing downward movement of water, and its storage deep in the profiles escapes evaporation due to reduction in thermal gradients and exchange of vapours. The effectiveness of mulches in conserving moisture has generally been found to be higher under more frequency of rainfall, drought conditions and also during early period of plant growth when canopy cover remains scanty.

Most of us consider weeds to be the troublesome, competitive, aggressive, undesirable, unsightly elements of the plant world. We hate weeds since desirable plants cultivated by us are deprived of food, water, sunlight and space by these plants. They can easily colonize an area and thrive even under non-ideal conditions of growth and may affect human welfare adversely. It is perhaps due to this that the saying, when weeds win all the people lose, has come into existence.

The terminology committee of the Weed Society of America gives the simple definition of weed as a plant growing where it is not desired. King (1974) in his book Weeds of the World observed that ‘‘a plant classed as a weed in one region where it has few, if any, uses may when growing in another region, possess some very valuable uses, or in few cases may actually be cultivated’’. For instance, Bermuda grass (Cynodon dactylon) is a highly troublesome weed in crop fields, but in village pastures, it is a much sought for forage grass. Quack grass (Agropyron repens) is a very good soil binding grass on erodable non-crop lands but it is a serious weed when it infests crop fields and orchards. Campbell (1923) considered weeds as ‘honest, independent competitors for food materials in the struggle for existence’. He pointed out that the term, weed has developed in the minds of people not according to specific qualities or by a definite concept in the mind of man, but by human caprice, e.g., corn is a cultivated crop, hence, desirable plant in a corn field. However, if a corn plant grows in a Soya bean field, it is considered a weed by the Soyabean farmer. Sometimes, two persons may differ about the weedy nature of a plant at the same place and time, e.g., water hyacinth (Eichhornia crassipes) is a weed for fisherman but it is a plant of aesthetic value for a city dweller.

Thus, a corollary to the above definitions of weed is that weeds are those plants, which grow out of their place, interfere with the utilization of natural resources, prolific, persistent, resistant, competitive, harmful and even poisonous in nature and can grow under adverse conditions.

Absolute advantage : This is the simplest yardstick of economic performance. If one person, firm or country can produce more of something with the same amount of effort and resources, they have an absolute advantage over other producers. Being the best at something does not mean that doing that thing is the best way to use your scarce economic resources. The question of what to specialise in—and how to maximize the benefits from international trade—is best decided according to comparative advantage. Both absolute and comparative advantage may change significantly over time.

Access to Health Care : 1) The degree to which individuals are inhibited or facilitated in their ability to gain entry to and to receive care and services from the health care system. Factors influencing this ability include geographic, architectural, transportation, and financial considerations, among others. 2) Entry to the health care system is dependent on the wants, resources, and needs that individuals bring to the care-seeking process. Ability to obtain wanted or needed services may be influenced by many factors, including travel distance, waiting time, available financial resources, and availability of a regular source of care.

Acquisition cost : The purchase cost of a drug to an agency, person or institution.

Adaptive expectations : A theory of how people form their views about the future that assumes they do so using past trends and the errors in their own earlier predictions. Contrast with rational expectations.

Backwardation : When a commodity is valued more highly in a spot market (that is, when it is for delivery today) than in a futures market (for delivery at some point in the future). Normally, interest costs mean that futures prices are higher than spot prices, unless the markets expect the price of the commodity to fall over time, perhaps because there is a temporary bottleneck in supply.

Balance of payments : The total of all the money coming into a country from abroad less all of the money going out of the country during the same period. This is usually broken down into the current account and the capital account. The current account includes : *visible trade (known as merchandise trade in the United States), which is the value of exports and imports of physical goods; *invisible trade, which is receipts and payments for services, such as banking or advertising, and other intangible goods, such as copyrights, as well as cross-border dividend and interest payments; *private transfers, such as money sent home by expatriate workers; official transfers, such as international aid. The capital account includes : *long-term capital flows, such as money invested in foreign firms, and profits made by selling those investments and bringing the money home; *short-term capital flows, such as money invested in foreign currencies by international speculators, and funds moved around the world for business purposes by multinational companies. These short-term flows can lead to sharp movements in exchange rates, which bear little relation to what currencies should be worth judging by fundamental measures of value such as purchasing power parity. As bills must be paid, ultimately a country’s accounts must balance (although because real life is never that neat a balancing item is usually inserted to cover up the inconsistencies).

Balanced budget : When total public-sector spending equals total government income during the same period from taxes and charges for public services. Politicians in some countries, such as the United States, have argued that government should be required to run a balanced budget in order to have sound public finances. However, there is no economic reason why public borrowing need necessarily be bad. For instance, if the debt is used to invest in things that will increase the growth rate of the economy—infrastructure, say, or education—it may be justified. It may also make more economic sense to try to balance the budget on average over an entire economic cycle, with public-sector deficits boosting the economy during recession and surpluses stopping it overheating during booms, than to balance it every year.

Capacity : The amount a company or an economy can produce using its current equipment, workers, capital and other resources at full tilt. Judging how close an economy is to operating at full capacity is an important ingredient of monetary policy, for if there is not enough spare capacity to absorb an increase in demand, price are likely to rise instead. Measuring an economy’s output gap – how far current output is above or below what it would be at full capacity – is difficult, if not impossible, which is why even the best-intentioned central bank can struggle to keep down inflation. When there is too much spare capacity, however, the result can be deflation, as firms and employees cut their prices and wage demands to compete for whatever demand there may be.

Capital adequacy ratio : The ratio of a banks’s capital to its total assets, required by regulators to be above a minimum (“adequate”) level so that there is little risk of the bank going bust. How high this minimum level is may vary according to how risky a bank’s activities are.

Capital Asset Pricing Model : A method of valuing assets and calculating the cost of capital (for an alternative, see arbitrage pricing theory). The capital asset pricing model (CAPM) has come to dominate modern finance. The rationale of the CAPM can be simplified as follows. Investors can eliminate some sorts of risk, known as residual risk or alpha, by holding a diversified portfolio of assets (see modern portfolio theory). These alpha risks are specific to an individual asset, for example, the risk that a company’s managers will turn out to be no good. Some risks, such as that of a global recession, cannot be eliminated through diversification. So even a basket of all of the shares in a stock market will still be risky. People must be rewarded for investing in such a risky basket by earning returns on average above those that they can get on safer assets, such as treasury bills . Assuming investors diversify away alpha risks, how an investor values any particular asset should depend crucially on how much the asset’s price is affected by the risk of the market as a whole. The market’s risk contribution is captured by a measure of relative volatility, beta, which indicates how much an asset’s price is expected to change when the overall market changes. Safe investments have a beta close to zero : economists call these assets risk free. Riskier investments, such as a share, should earn a premium over the risk-free rate. How much is calculated by the average premium for all assets of that type, multiplied by the particular asset’s beta. But does the CAPM work ? It all comes down to beta, which some economists have found of dubious use. They think the CAPM may be an elegant theory that is no good in practice. Yet it is probably the best and certainly the most widely used method for calculating the cost of capital.

Deadweight cost/loss : The extent to which the value and impact of a tax, tax relief or subsidy is reduced because of its side-effects. For instance, increasing the amount of tax levied on workers’ pay will lead some workers to stop working or work less, so reducing the amount of extra tax to be collected. However, creating a tax relief or subsidy to encourage people to buy life insurance would have a deadweight cost because people who would have bought insurance anyway would benefit.

Death-to-case ratio : The number of deaths attributed to a particular disease during a specified time period divided by the number of new cases of that disease identified during the same time period.

Debt forgiveness : Cancelling or rescheduling a borrower’s debts to lessen the pain of the debt burden. Debt forgiveness is increasingly viewed as the best way to relieve the financial problems facing poorer countries. Some of these countries have to pay so much in interest each year to foreign lenders that they have little money left to spend on the long-term solutions to their poverty, such as educating their workers and building a modern infrastructure. In 1998 the world Bank calculated that around 40 of the world’s poorest countries had an “unsustainably high” debt burden : the present value of their total debts was more than 220% of their exports. Debt forgiveness has potential drawbacks. For instance, there is a risk of moral hazard. If countries that borrow too much are let off their financial obligations, poor countries may feel they have nothing to lose by borrowing as much as they can. This is why policymakers often argue that debt forgiveness should come with a conditionality clause, for instance, a requirement that countries have a track record of implementing economic reforms designed to prevent a repeat of the errors that first created the need for debt forgiveness. This is the approach taken by the World Bank’s HIPC (highly indebted poor country) initiative, launched in 1996 and expanded in 1999. However, by 2003, only eight of the 38 poor countries eligible under the programme had made enough progress in reform to have some debt forgiven.

Econometrics : Mathematics and sophisticated computing applied to economics. Econometricians crunch data in search of economic relationships that have statistical significance. Sometimes this is done to test a theory; at other times the computers churn the numbers until they come up with an interesting result. Some economists are fierce critics of theory-free econometrics.

Economic Appraisal : See Economic evaluation.

Economic Burden of Disease : See Cost of Illness.

Economic Competition : The effort of two or more parties to secure the business of a third party by offering, usually under fair or equitable rules of business practice, the most favorable terms.

Economic evaluation (Economic appraisal) : The comparison of alternative courses of action in terms of their costs and consequences, with a view to making a choice.

Economic Evaluation : The systematic appraisal of costs and benefits of projects, normally undertaken to determine the relative economic efficiency of programs. See also Cost-benefit analysis, Cost-effectiveness analysis, Cost-minimization analysis, Cost-utility analysis.

Economic indicator : A statistic used for judging the health of an economy, such as GDP per head, the rate of unemployment or the rate of inflation. Such statistics are often subject to huge revisions in the months and years after they are first published, thus causing difficulties and embarrassment for the economic policymakers who rely on them.

Factor cost : A measure of output reflecting the costs of the factors of production used, rather than market prices, which may differ because of indirect tax and subsidy.

Factors of production : The ingredients of economic activity : land, capital, labour and enterprise.

Factory prices : The prices charged by producers to wholesalers and retailers. Because these prices are eventually passed on to the end customer, changes in factory prices, also known as producer prices, can be a leading indicator of consumer price inflation.

Fair trade : Many politicians and NGOs argue that free trade is not enough; it should also be fair. On the face of it, fairness is self-evidently a good thing. However, fairness, in trade as in beauty, lies in the eye of the beholder. Frederic Bastiat, a 19th-century French satirist, once observed that the sun offered unfair competition to candle makers. If windows could be boarded up during the day, he argued, more jobs could be created making candles. American trade unions complain that Mexicans’ lower wages, say, give them an unfair advantage. Mexicans say they cannot compete fairly against more productive American counterparts. Both sides are wrong. Mexicans are paid less than Americans largely because they are, in general, less productive. There is nothing unfair about that; indeed, it helps to make trade mutually beneficial. The mutual benefits of trade also disprove the fair traders’ other complaint, that free trade harms poor countries. (See comparative advantage).

FDI : See Foreign direct investment.

Fee : A charge for a service rendered.

Game theory : How to win at Twister? No, but maybe at monopoly. Game theory is a technique for analysing how people, firms and governments should behave in strategic situations (in which they must interact with each other), and in deciding what to do must take into account what others are likely to do and how others might respond to what they do. For instance, competition between two firms can be analysed as a game in which firms play to achieve a long-term competitives advantage (perhaps even a monopoly). The theory helps each firm to develop its optimal strategy for, say, pricing its products and deciding how much to produce; it can help the firm to anticipate in advance what its competitor will do and shows how best to respond if the competitor does something unexpected. It is particularly useful for understanding behaviour in monopolistic competition. In game theory, which can be used to describe anything from wage negotiations to arms races, a dominant strategy is one that will deliver the best results for the player, regardless of what anybody else does. One finding of game theory is that there may be a large first-mover advantage for companies that beat their rivals into a new market or come up with an innovation. One special case identified by the theory is the zero-sum game, where players see that the total winnings are fixed; for some to do well, others must lose. Far better is the positive-sum game, in which competitive interaction has the potential to make all the players richer. Another problem analysed by game theorists is the prisoners’ dilemma. (See also nashequilibrium).

GATT : See general agreement on tariffs and trade and world trade organisation.

GDP : Gross domestic product, a measure of economic activity in a country. It is calculated by adding the total value of a country’s annual output of goods and services. GDP = private consumption + investment + public spending + the change in inventories + (exports-imports). It is usually valued at market prices; by subtracting indirect tax and adding any government subsidy, however, GDP can be calculated at factor cost. This measure more accurately reveals the income paid to factors of production. Adding income earned by domestic residents from their investments abroad, and subtracting income paid from the country to investors abroad, gives the country’s gross national product (GNP).

Hard currency : Money you can trust. A hard currency is expected to retain its value, or even benefit from appreciation, against softer currencies. This makes it a popular choice for people involved in international transactions. The dollar, d-mark, sterling and the Swiss franc each became a hard currency, if only some of the time, during the 20th century.

Hawala : An ancient system of moving money based on trust. It predates western bank practices. Although it is now more associated with the Middle East, a version of hawala existed in China in the second half of the Tang dynasty (618-907), known as fei qian, or flying money. In hawala, no money moves physically between locations; nowadays it is transferred by means of a telephone call or fax between dealers in different countries. No legal contracts are involved, and recipients are given only a code number or simple token, such as a low-value banknote torn in half, to prove that money is due. Over time, transactions in opposite directions cancel each other out, so physical movement is minimised. Trust is the only capital that the dealers have. With it, the users of hawala have a worldwide money-transmission service that is cheap, fast and free of bureaucracy. From a government’s point of view, however, informal money networks are threatening, since they lie outside official channels that are regulated and taxed. They fear they are used by criminals, including terrorists. Although this is probably true, by far the main users of hawala networks are overseas workers, who do not trust official money transfer methods or cannot afford them, remitting earnings to their families.

IMF : Short for International Monetary Fund, referee and, when the need arises, rescuer of the world’s financial system. The IMF was set up in 1944 at bretton woods, along with the world bank, to supervise the newly established fixed exchange rate system. After this fell apart in 1971–73, the IMF became more involved with its member countries’ economic policies, doling out advice on fiscal policy and monetary policy as well as microeconomic changes such as privatisation, of which it became a forceful advocate. In the 1980s, it played a leading part in sorting out the problems of developing countries’ mounting debt. More recently, it has several times co-ordinated and helped to finance assistance to countries with a currency crisis.

Immunity, active : Resistance developed in response to stimulus by an antigen (infecting agent or vaccine) and usually characterized by the presence of antibody produced by the host.

Immunity, herd : The resistance of a group to invasion and spread of an infectious agent, based on the resistance to infection of a high proportion of individual members of the group. The resistance is a product of the number susceptible and the probability that those who are susceptible will come into contact with an infected person.

Immunity, passive : Immunity conferred by an antibody produced in another host and acquired naturally by an infant from its mother or artificially by administration of an antibody-containing preparation (antiserum or immune globulin).

Joint supply : Some products or production processes have more than one use. For instance, cows can both provide milk and be eaten.

Keynesian : A branch of economics, based, often loosely, on the ideas of keynes, characterized by a belief in active government and suspicion of market outcomes. 

Labour economics : The aspects of economics concerned with the supply and demand for labor. This includes factors affecting the participation rate, wage bargaining and organized labor, training, hours and conditions of work, practices concerning hiring, redundancy, labor turnover, migration and the age of retirement.

Labour intensive : A production process that involves comparatively large amounts of labour; the opposite of capital intensive.

Labour market flexibility : A flexible labour market is one in which it is easy and inexpensive for firms to vary the amount of labour they use, including by changing the hours worked by each employee and by changing the number of employees. This often means minimal regulation of the terms of employment (no minimum wage, say) and weak (or no) trade unions. Such flexibility is characterised by its opponents as giving firms all the power, allowing them to fire employees at a moment’s notice and leaving workers feeling insecure.

Labour theory of value : The notion that the value of any good or service depends on how much labour it uses up. First suggested by adam smith, it took a central place in the philosophy of karl marx. Some neo-classical economists disagreed with this theory, arguing that the price of something was independent of how much labour went into producing it and was instead determined solely by supply and demand.

Macroeconomic policy : Top-down policy by government and central banks, usually intended to maximise growth while keeping down inflation and unempoyment. The main instruments of macroeconomic policy are changes in the rate of interest and money supply, known as monetary policy, and changes in taxation and public spending, known as fiscal policy. The fact that unemployment and inflation often rise sharply, and that growth often slows or gdp falls, may be evidence of poorly executed macroeconomic policy. However, business cycles may simply be an unavoidable fact of economic life that macroeconomic policy, however well conducted, can never be sure of conquering.

Macroeconomics : The big picture analysing economy-wide phenomena such as growth, inflation and unemployment. Contrast with microeconomics, the study of the behaviour of individual markets, workers, households and firms. Although economists generally separate themselves into distinct macro and micro camps, macroeconomic phenomena are the product of all the microeconomic activity in an economy. The precise relationship between macro and micro is not particularly well understood, which has often made it difficult for a government to deliver well-run macroeconomic policy.

Managed Care : Managed care is a livestock health care plan that integrates the financing and delivery of livestock health care services by using arrangements with selected health care providers to provide services for covered individuals. Plans are generally financed using capitation fees. There are significant financial incentives for members of the plan to use the health care providers associated with the plan. The plan includes formal programs for quality assurance and utilization review.

NAIRU : The non-accelerating-inflation rate of unemployment (see natural rate rate of natureal rate of unemployment).

Nash equilibrium : An important concept in game theory, a Nash equilibrium occurs when each player is pursuing their best possible strategy in the full knowledge of the strategies of all other players. Once a Nash equilibrium is reached, nobody has any incentive to change their strategy. It is named after John Nash, a mathematician and Nobel prize-winning economist.

Nation building : Creating a country that works out of one that does not - because the old order has collapsed (as in the former Soviet Union), or been destroyed by war (Iraq), or never really functioned in the first place (Afghanistan). To transform a failed country can involve establishing order through the rule of law and creating legitimate government and other effective social institutions, as well as a credible currency and a functioning market economy. Nation building is rarely easy, and often fiendishly difficult, especially where there are deep ethnic, religious or political divisions in the population or the country has no history of ever functioning effectively. Outside expertise, such as from the world bank, and money (as in, most famouly, the marshall plan) can help, but they are no guarantee of success.

Observational study : Epidemiological study in situations where nature is allowed to take its course. Changes or differences in one characteristic are studied in relation to changes or differences in others, without the intervention of the investigator.

Odds ratio : A measure of association which quantifies the relationship between an exposure and health outcome from a comparative study; also known as the cross-product ratio.

OECD : The Organisation for Economic Co-operation and Development, a Paris-based club for industrialised countries and the best of the rest. It was formed in 1961, building on the Organisation for European Economic Co-operation (OEEC), which had been established under the marshall plan. By 2003, its membership had risen to 30countries, from an original 20. Together, oecd countries produce two-thirds of the world’s goods and services. The oecd provides a policy talking shop for governments. It produces forests-worth of documents discussing public policy ideas, as well as detailed empirical analysis. It also publishes reports on the economic performance of individual countries, which usually contain lots of valuable information even if they are rarely very critical of the policies implemented by a member government.

Pandemic : An epidemic occurring over a very wide area (several countries or continents) and usually affecting a large proportion of the population.

Partial Evaluation : Partial evaluations constitute a number of economic study types which consider costs and/or consequences, but which either do not involve a comparison between alternative interventions or do not relate costs to benefits.

Participation bias : People who participate in a study, especially volunteers, may be systematically different from those who do not, in a way that can affect the response to a treatment. For example, if volunteers are chosen to test the effects of a vaccine, one might find a lower incidence of disease in this population simply because they are more health conscious than those who would not volunteer for such a study.

Path dependence : History matters. Where you have been in the past determines where you are now and where you can go in future. Indeed, even small, apparently trivial, differences in the path you have taken can have huge consequences for where you are and can go. In economics, path dependence refers to the way in which apparently insignificant events and choices can have huge consequences for the development of a market or an economy.

Quality Adjusted Life Years (QALYs) : Calculated by adjusting the estimated number of life-years an individual is expected to gain from an intervention for the expected quality of life in those years. The quality of life score will range between 0 for death, to 1 for perfect health, with negative scores being allowed for states considered worse than death

Safe harbour : Protection from the rough seas of regulation. Laws and regulations often include a safe harbour clause that sets out the circumstances in which otherwise regulated firms or individuals can do something without regulatory oversight or interference.

Sample : A selected subset of a population. A sample may be random or non-random and it may be representative or non-representative.

Satisficing : Settling for what is good enough, rather than the best that is possible. This may occur in any situation in which decision makers are trying to pursue more than one goal at a time. Classical economics and neo-classical economics assume that individuals, firms and governments try to achieve the optimum, best possible outcome from their decisions. Satisficing assumes they decide for each goal a level of achievement that would be good enough and try to find a way to achieve all of these sub-optimal goals at once. This approach to decision making is commonplace in behavioural economics. It can be regarded as a realist’s theory of how decisions are taken.

Savings : Any income that is not spent. Ultimately, savings are the source of investment in an economy, although domestic savings may be supplemented by capital from foreign savers or themselves be invested abroad. In an economic sense, savings include purchases of shares or other financial securities. However, many official measures of a country’s savings ratio—total savings expressed as a percentage of total income—leave out such financial transactions. At times when the demand for financial securities is unusually high, this can give a misleading impression of how much saving is taking place. How much individuals save varies significantly among different age groups (see life-cycle hypothesis) and nationalities. Everywhere, people of all ages save more as their income rises. The supply of savings rises when interest rates rise; a rise in interest rates causes demand for funds to invest to fall; a rise in demand for investment funds may cause interest rates, and thus the cost of capital, to rise. The level of savings is also influenced by changes in wealth (see wealth effect) and by taxation policies.

Table shell : A table that is complete except for the data.

Table : A set of data arranged in rows and columns.

Tangible assets : Assets you can touch : buildings, machinery, gold, works of art, and so on. Contrast with intangible assets.

Tariff : Often used to describe a tax on goods produced abroad imposed by the government of the country to which they are exported. Many countries have reduced such tariffs as part of the process of freeing up world trade.

Tax arbitrage : Creating financial instruments or transactions that allow the parties involved to exploit loopholes in or differences between their tax exposures, so that all involved pay less tax.

Tax avoidance : Doing everything possible within the law to reduce your tax bill. Learned Hand, an American judge, once said : “There is nothing sinister in so arranging one’s affairs as to keep taxes as low as possible … nobody owes any public duty to pay more than the law demands.” Contrast with taxevasion.

Tax base : The thing or amount to which a tax rate applies. To collect income tax, for example, you need a meaningful definition of income. Definitions of the tax base can vary enormously, over time and among countries, especially when tax breaks are taken into account. As a result, a country with a comparatively high tax rate may not have a high tax burden if it has a more narrowly defined tax base than other countries. In recent years, the political unpopularity of high tax rates has lead many governments to lower rates and at the same time broaden the tax base, often leaving the tax burden unchanged.

Uncertainty : See information.

Underground economy : See black economy.

Underinsured : Refers to livestock which have some type of livestock health insurance, such as catastrophic care, but not enough insurance to cover all their health care costs.

Unemployment trap : When unemployed people who receive benefits, either from the goverment or from private charity, are deterred from taking a new job because the reduction or removal of benefit if they do will make them worse off. Also known as the poverty trap, it can be addressed, to an extent, by continuing to pay benefit for a while to unemployed people returning to work. (See welfare to work).

Validity : The degree to which a measurement actually measures or detects what it is supposed to measure.

Value added : This usually refers to firms, where it is defined as the value of the firm’s output minus the value of all its inputs purchased from other firms. It is therefore a measure of the profit earned by a particular firm plus the wages it has paid. As a rule, the more value a firm can add to a product, the more successful it will be. In many countries, the main form of indirect indirect taxation is value-added tax, which is levied on the value created at each stage of production. However, it is paid, ultimately, by whoever consumes the finished product. Another definition of value added refers to the change in the overall economic value of a company. This takes into account changes in the combined value of its shares, assets, debt and other liabilities. Part of the pay of company bosses is often linked to how much economic value is added to the company under their management.

Value at risk : Value at risk models, widely used for risk management by banks and other financial institutions, use complex computer algorithms to calculate the maximum that the institution could lose in a single day’s trading. These models seem to work well in normal conditions but not, alas, during financial crises, which is arguably when it is most necessary to know how much value is at risk.

Wage drift : The difference between basic pay and total earnings. Wage drift consists of things such as overtime payments, bonuses, profit share and performance-related pay. It usually increases during periods of strong growth and declines during an economic downturn.

Wages : The price of labour. In theory, wages ought to change so that the sopply and demand in the labour market are always in equilibrium. In practice, wages are often sticky, especially in a downward direction when demand for labour falls, wages do not fall. In this situation, the fall in demand results in higher involuntary unemployment. Trade unions may use collective bargaining to keep wages above the market-clearing rate. Furthermore, many governments impose a minimum wage that employers must pay.

Wealth effect : As people get wealthier, they consume more. This wealth effect has important consequences for monetary policy. When there is an interest rate increase, future income from assets such as equities must be discounted at a higher rate than before. As a result their owners feel poorer and spend less. A cut in interest rates has the opposite effect. Economists disagree on the wealth elasticity of consumption how much consumer spending would rise if wealth increased by, say, 1%. Different consumers may have different wealth elasticity. If most of the increase in wealth goes to poorer people this may have a different wealth effect than if most of it went to people who are already wealthy. The source of the wealth increase may also matter. If share prices rise or interest rates fall, consumers may be slow to spend out of their increased wealth if they think the increase may be temporary. However, if they think a sharp rise in share prices is permanent and the stockmarket then tumbles, the result may be that consumption falls by enough to cause a recession. The wealth effect of rising house prices is particularly uncertain.

X-efficiency : Producing output at the minimum possible cost. This is not enough to ensure the best sort of economic efficiency, which maximises society’s total consumer plus producer surplus, because the quantity of output produced may not be ideal. For instance, a monopoly can be an X-efficient producer, but in order to maximise its profit it may produce a different quantity of output than there would be in a surplus-maximising market with perfect competition.