Prevalence, correlates, and description of self-reported diabetes in brazilian capitals - results from a telephone survey.

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Iser, Betine Pinto Moehlecke; Malta, Deborah Carvalho; Duncan, Bruce Bartholow; de Moura, Lenildo; Vigo, Alvaro; Schmidt, Maria Inês

2014-01-01

The prevalence of diabetes is increasing worldwide. The objective of this study is to estimate the prevalence of self-reported diabetes in Brazilian adults and to describe its population correlates as well as the clinical characteristics of the reported cases. We analyzed basic and supplementary data of 54.144 subjects participating in VIGITEL 2011 (Surveillance System for Risk and Protective Factors for Chronic Diseases), a telephone survey based on a probabilistic sample of subjects ≥ 18 years old residing in Brazilian state capitals and the Federal District. Estimates reported are weighted so as to represent the surveyed population. The prevalence of self-reported diabetes was 6.3% (95% CI 5.9-6.7), increasing markedly with age and nutritional status, and decreasing with level of education. Prevalence was higher among those self-declaring their race/color as black. Most cases (90%) reported the diagnosis being made at 35 years or older. The vast majority (99.8%) of self-reported cases informed having previously performed at least one glucose test, and 76% of those not reporting diabetes also informed having previously performed glucose testing. Most cases (92.6%) reported following some form of diabetes treatment, 79% taking medication. The estimated prevalence of known diabetes found, 6.3%, is consistent with estimates given by international summaries. The additional data collected in VIGITEL 2011 regarding previous glucose testing and current treatment support the use of telephone-based information to monitor the prevalence of known diabetes in Brazilian capitals.

Prevalence, correlates, and description of self-reported diabetes in brazilian capitals - results from a telephone survey.

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Betine Pinto Moehlecke Iser

Full Text Available The prevalence of diabetes is increasing worldwide. The objective of this study is to estimate the prevalence of self-reported diabetes in Brazilian adults and to describe its population correlates as well as the clinical characteristics of the reported cases.We analyzed basic and supplementary data of 54.144 subjects participating in VIGITEL 2011 (Surveillance System for Risk and Protective Factors for Chronic Diseases, a telephone survey based on a probabilistic sample of subjects ≥ 18 years old residing in Brazilian state capitals and the Federal District. Estimates reported are weighted so as to represent the surveyed population.The prevalence of self-reported diabetes was 6.3% (95% CI 5.9-6.7, increasing markedly with age and nutritional status, and decreasing with level of education. Prevalence was higher among those self-declaring their race/color as black. Most cases (90% reported the diagnosis being made at 35 years or older. The vast majority (99.8% of self-reported cases informed having previously performed at least one glucose test, and 76% of those not reporting diabetes also informed having previously performed glucose testing. Most cases (92.6% reported following some form of diabetes treatment, 79% taking medication.The estimated prevalence of known diabetes found, 6.3%, is consistent with estimates given by international summaries. The additional data collected in VIGITEL 2011 regarding previous glucose testing and current treatment support the use of telephone-based information to monitor the prevalence of known diabetes in Brazilian capitals.

The relevance of the capital structure in firm performance: a multivariate analysis of Brazilian publicly traded companies

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Luiz Kennedy Cruz Machado

2016-01-01

Full Text Available The economic changes in recent years have made the dynamics of the Brazilian market more complex, which directly impacts the administration of large organizations, particularly in management tasks, such as decisions concerning the definition of the capital structure. The literature in this theoretical field is polarized in two seminal works: the first, by Durand (1952, 1959, discusses the existence of an optimal capital structure that maximizes the value of the firm; and, at the other end, the work by Modigliani and Miller (1958, 1963 considers that it is irrelevant how firms are financed. In this sense, the objective was to verify the effective interference of the capital structure in the performance of Brazilian firms listed on BM&FBOVESPA. The sample consisted of cross-sectional data that were selected from the most recent balance sheets of all companies listed on BM&FBOVESPA, available in the Economática® database. The techniques used were the analysis of variance (ANOVA and discriminant analysis. Among the indicators used, it was observed that only general liquidity, the degree of immobilization, Tobin’s Q, and the opportunity for growth were significant at 1%. The results indicate that the capital structure is not directly related to the performance of Brazilian companies listed on BM&FBOVESPA. In the meantime, the results point to the consolidation of the financial theories expounded by Modigliani and Miller (1958, 1963, as opposed to the traditionalist current started in Durand’s studies (1952.

A proposal for evaluation of the owner capital cost for the Brazilian electric power sector; Uma proposta de avaliacao do custo do capital proprio para o setor de energia eletrica brasileiro

Energy Technology Data Exchange (ETDEWEB)

Serrano, Ricardo Oliveira L.

2003-12-01

This work studies the owner capital cost of the brazilian electric sector, according to three methods: Comparable Accounting Earnings, that uses historical values in its measuring and Discounted Cash Flow (DCF) and the Capital Asset Pricing Model (CAPM), elaborated from the expected values. The obtained results by using the CAE method showed that the Brazilian electric sector has not been rewarded in its real necessity of maintenance and expansion. From this observation, it was considered appropriated not to take this method in the methodology presently proposed, which will be using only the single average of the CAPM and DCF models. The use of the results single average of this model presents the advantage of selecting specific characteristics of each one, and diluting the effects of occasional peak values. The owner capital cost obtained from this work was the average value of 19.73% for the studied period - 1995/2003 (17.12% for 2003), proximate to the obtained result by ANEEL - brazilian agency of electric power - for investments in energy distribution in Brazil, 17.47%, while Minardi and Sanvicente (2003) obtained 36.06% for the owner capital cost of CEMIG in 2002, specifically.

State Capitalism in Eurasia

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C. Spechler, Martin; Ahrens, Joachim; Hoen, Herman W.

2017-01-01

The book specifies the type of economic system that has arisen in Central Asian. It presents three types of state-capitalism established in the former Soviet Union states in Eurasia - crony, dual sector, and predatory capitalism.

The relationship between corporate governance and capital structure of Brazilian companies during 2000-2013 period

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Camila Veneo Campos Fonseca

2016-08-01

Full Text Available The purpose of this study is to explore the impact of corporate governance practices on capital structure of 252 Brazilian non-financial public listed companies between 2000 and 2013. Panel data econometric techniques were used, with the adoption of a System Generalized Methods of Moments estimator in order to control the potential sources of endogeneity between ownership structure and governance practices. Results show evidence that high corporate governance levels improved the access to debt capital and increased the debt maturity.

Corporate governance and internationalization of capital of brazilian companies of the sectors construction and transports

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Anna Beatriz Grangeiro Ribeiro Maia

2013-08-01

Full Text Available The study aims at analyzing comparatively the representativeness of foreign capital in the capital of Brazilian companies of the sectors construction and transports, considering their segments on the BM&FBovespa. The internationalization of the 66 companies in the sample was measured by the percentage of the company's share capital held by foreign investors, and governance by the company's participation on the “Differentiated Level of Corporate Governance” (DLCG segments of BM&FBovespa. Using a descriptive and a quantitative study, the results of applying the Mann-Whitney test for the percentage of foreign capital in the capital of DLCG firms and of companies listed on the traditional market indicate that there is a difference statistically significant between the two groups of firms, confirming the hypothesis of this research. The conclusion is that governance is a sign of the internationalization of capital companies, confirming the efficiency of the administration based on the theory of transaction costs.

Cultural Capital and the Consumption of Cultural Goods: Strategies Used for Status Consumption Among New Middle Class Brazilian Women.

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Lucivânia Filomeno Ponte

2014-12-01

Full Text Available Holt (1998 investigated the application of  the concept of consumption of cultural products as a means of acquiring status by conducting research in the United States and Turkey (Üstüner & Holt, 2010. This present research was based on this latest study and aimed to study the relationship between the consumption of cultural products and the consumption of status among Brazilian women in the new middle class. It was concluded that the cultural capital acts as a determining factor in the consumption of status, being converted in tastes and consumption practices. The consumption of cultural products is critical to the building of the status strategies, however, the cultural products used may vary according to the greater or lesser cultural capital of the interviewees.

CAPM (Capital Asset Pricing Model) and regulation in Brazilian electric distribution sector

International Nuclear Information System (INIS)

Pinto, Rinaldo Caldeira; Parente, Virginia

2010-01-01

The aim of this paper is to analyse the use of Capital Asset Pricing Model (CAPM) Beta in the Brazilian electric distribution sector tariffs review. The betas applied by the Regulatory Agency are defined using data from the American, English and Brazilian markets. These betas will then be compared to the betas obtained in the domestic market. The betas were directly obtained from an economic-financial databank largely employed by the market. The sample is composed of companies' shares, priced at Sao Paulo Stock Market. Their main activity is the distribution of electric energy between July 2002 and July 2007. The results of mean betas obtained for the distribution segment, with values close to the ones applied by the regulatory agency for the cycle of tariff reviews between 2007-2010. (author)

Foreign portfolio capital flows and stock returns: a study of Brazilian listed firms

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Tiago Rodrigues Loncan

2015-12-01

Full Text Available Abstract This study analyzed the effect of foreign portfolio capital flows on stock returns of Brazilian listed firms through a 6-factors APT model, in which an additional risk factor for foreign portfolio capital flows was included. First, an aggregate analysis was conducted. The partial effect of foreign portfolio capital flows on the IBOVESPA index’s returns was statistically significant and positive. Next, a disaggregate analysis was also implemented, in which portfolios of stocks were sorted by sector of economic activity, level of risk and level of corporate governance. Foreign portfolio capitals caused increases in returns especially for sectors related to commodities, industry and cyclical consumption. For the portfolios sorted by risk (in which the stocks’ betas were used as a risk parameter for sorting, foreign capitals increased the returns of mid-high and high beta portfolios, but decreased the returns of low and low-mid beta portfolios. For corporate governance portfolios, the firms listed on the Novo Mercado segment (according to BMF&Bovespa criteria experienced a statistically significant revaluation effect. Overall, the results of the study provide support to the revaluation effect hypothesis.

Smoking trend indicators in Brazilian capitals, 2006-2013

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Deborah Carvalho Malta

2015-03-01

Full Text Available This study aims to analyze the trend of indicators related to smoking in the capitals of Brazil from 2006 to 2013. Information on smoking trends extracted from the survey of risk and protective factors for chronic non-communicable diseases (NCDs are analyzed through telephone interviews - VIGITEL conducted from 2006-2013 for the adult population in Brazilian capitals. To estimate the trend, the simple linear regression model was used. The prevalence of smokers in Brazil showed a relative reduction of 0.62% for each year of the survey, ranging from 15.6% in 2006 to 11.3% in 2013. A decrease was observed in both sexes in all age ranges except between 55 and 64 years in all education levels and regions. The total population of former smokers remained stable, with a reduction for men. Smoking 20 or more cigarettes per day decreased from 4.6% (2006 to 3.4% (2013, or 0.162 percentage points per year. Passive smoking at home decreased among women 13.4% (2009 to 10.7% (2013, a reduction of 0.72% per annum. Passive smoking at work has remained stable over the period. The smoking trend reduced in the period in most indicators, reflecting the importance of the tobacco control actions in the country.

A mortalidade materna nas capitais brasileiras: algumas características e estimativa de um fator de ajuste Maternal mortality in Brazilian State Capitals: some characteristics and estimates for an adjustment factor

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Ruy Laurenti

2004-12-01

Full Text Available A mortalidade materna pode ser considerada um excelente indicador de saúde, não só da mulher, mas da população geral; mostra, também, iniqüidades. A redução da mortalidade materna é uma das principais metas, estando também incluída nas Metas do Desenvolvimento do Milênio da ONU. OBJETIVO: Conhecer a qualidade da informação da mortalidade de mulheres de 10 a 49 anos, e estimar a razão de mortalidade materna (RMM e os fatores de ajuste para os dados oficiais, no conjunto das capitais de estados brasileiros e Distrito Federal. METODOLOGIA: Adotou-se a metodologia RAMOS (a partir da declaração de óbito, entrevista no domicílio da mulher falecida, com preenchimento de questionário, sobre variáveis demográficas, epidemiológicas, clínicas e de acesso a serviços; seguiam-se consultas a prontuários médicos hospitalares e a laudos de autópsia. Após o resgate da informação, pôde ser feita análise das reais causas básicas, terminais e associadas. A população de estudo foi estimada em 7.332 mortes de mulheres de 10 a 49 anos, ocorridas no primeiro semestre de 2002, sendo 239 óbitos por causas maternas. A RMM foi de 54,3 por cem mil nascidos vivos (n.v., no conjunto de capitais, variando entre 42 por cem mil n.v. no Sul, e 73,2 por cem mil n.v. no Nordeste. O fator de ajuste para o conjunto das capitais brasileiras foi igual a 1,4; para as regiões (considerando apenas as capitais, variaram entre 1,08 na Região Norte e 1,83 na Região Sul. As mortes obstétricas diretas corresponderam a 67,1%, mostrando que assistência ao pré-natal, ao parto e ao puerpério deve ser aprimorada.INTRODUCTION: There is criticism as to the heterogeneity and reliability of mortality data in Brazilian Regions. However, official mortality statistics of State Capitals are more accurate and have adequate coverage. Reduction of maternal mortality is one of the world's major goals and it is measured by the Maternal Mortality Ratio. International

[Trends in tobacco consumption from 2006 to 2011 in Brazilian capitals according to the VIGITEL survey].

Science.gov (United States)

Malta, Deborah Carvalho; Iser, Betine Pinto Moehlecke; Sá, Naiza Nayla Bandeira de; Yokota, Renata Tiene de Carvalho; Moura, Lenildo de; Claro, Rafael Moreira; Luz, Micheline Gomes Campos da; Bernal, Regina Ivata Tomie

2013-04-01

The aim of this study was to analyze trends in indicators of smoking in Brazilian State capitals, according to the Surveillance System for Risk and Protective Factors for Chronic Illnesses Using a Telephone Survey (VIGITEL) in adults, from 2006 to 2011. A simple linear regression model was used (a = 5%). There was a decrease in the prevalence of smokers and heavy smokers among men and in individuals 35 to 54 years of age. Smoking also decreased among individuals with 9-11 years of schooling and in the Northeast, North, and Central West regions. For heavy smokers, the largest decline was in the Northeast. Brazil's regulatory policy has been responsible for the decline in tobacco prevalence.

Determinants of Board Interlocking in the Brazilian Capital Market

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Flávio Ribeiro

2016-10-01

Full Text Available The objective in this article was to identify the main determinants of Board Interlocking in the Brazilian capital market. As the theoretical structure, the Agency theory and Corporate Governance, the Resource Dependence theory and the Board of Administrators and the Characteristics of Board Interlocking. The sample consists of 58 Brazilian companies that participate in the Bovespa Index (Ibovespa. An empirical analytic study was undertaken. With regard to the objectives, it is characterized as exploratory and, with regard to the procedures, a documentary research was undertaken. The data on the Boards of Administrators were collected from the Reference Forms available on the website of the São Paulo Stock Exchange (BM&FBOVESPA. The results found demonstrate the generalized presence of Board Interlocking in these companies, normally associated with four factors: (1 economic group formation; (2 governmental control; (3 formation of pension funds; and (4 presence of professionals with acknowledged market experience. The results also suggest that the first three factors give rise to long-lasting links and that these connections are hard to break. On the other hand, the links established through professionals with market experience tend to be more unstable because the presence of these professionals is highly demanded to serve on the board of different companies.

Corruption, political culture and negative social capital in Brazil

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Marcello Baquero

2015-08-01

Full Text Available One of the problems in strengthening Brazilian democracy has been the endurance of continued corruption on the part of state officials. The result has been the institutionalization of a political culture, which shows a growing alienation, and apathy of citizens regarding politics. This behavior has its origins in citizens´ perception that the state and public authorities cannot be trusted producing an inertial democracy with low stocks of social capital. The purpose of this paper is to examine the relationship between corruption practices by state authorities and the structuring of a defective political culture in Brazil. The working hypothesis is that serious cases of institutionalized corruption are possible due to invisible social ties created among public authorities, producing social capital of a negative nature, which constraints the effective advancements in Brazilian democracy.

Training for the challenges of sexual violence against children and adolescents in four Brazilian capitals.

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Vieira, Luiza Jane Eyre de Souza; Silva, Raimunda Magalhães da; Cavalcanti, Ludmila Fontenele; Deslandes, Suely Ferreira

2015-11-01

This article analyzes the training offered to municipal public employees to confront sexual violence against children and adolescents in four Brazilian capitals. Based on a multiple case study, it focuses on the training programs offered in the 2010-2011 biennium by the municipal government for professionals and managers in the public health network. We analyzed 66 semi-structured interviews and written documents pertaining to the training actions. We observed an unequal investment among the capitals and a lack of specificity in the treatment of the themes. There is a considerable lack of institutional memory which complicates the analysis of professional training strategies. Healthcare was the field which trained their professionals the most, including the subject of notification in training content. We noted little investment in training oriented toward the prevention of violence and the promotion of protective relationships and links. We emphasized the inductive role of federal and state programs in the areas of Tourism and Education. Few initiatives included the participation of more than one public sector. We suggest the creation of a training plan about violence and the sexual rights of children and adolescents, and in particular about sexual violence.

Sarcopenia: prevalence and associated factors among elderly from a Brazilian capital

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Andreia Pelegrini

2018-05-01

Full Text Available Abstract Introduction: Sarcopenia has been currently considered a public health problem, affecting a large portion of the elderly and making them more susceptible to the risk of falls. Objective: To estimate the prevalence and factors associated with sarcopenia in the elderly from a Brazilian capital. Methods: This is an epidemiological study with cross-sectional design involving data of 439 elderly people from Florianópolis city, Santa Catarina state. The factors potentially associated with sarcopenia (sex, age, weight status were tested using binary logistic regression, estimating the Odds Ratio and the respective confidence intervals. Results: The prevalence of sarcopenia was 33.3% (95% CI: 28.9, 36.9. Older women (75 years or more showed less muscle mass in relation to other age groups (p < 0.05. Elderly men, individuals that are 75 years or more, and those with low weight were the subgroups at higher risk for sarcopenia. Obese individuals were less likely to have the outcome. Conclusion: More than one-third of elderly people were diagnosed with sarcopenia. Men, individuals who are older, and those with low weight had a higher risk of having sarcopenia.

The efficient market hypothesis of brazilian capital market, 2000-2010: an event study of distribution of dividends

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Daniel Moreira Carvalho

2013-11-01

Full Text Available In the semi-strong form of the Efficient Markets Hypothesis - EMH, developed by Fama (1970, 1991, the prices reflect both the past and any information disclosed by companies, making impossible to an investor to get abnormal returns consistently, based on this type of information. In this paper we analyze the price behavior of common shares of 87 listed companies in the BM&FBovespa, in the announcements of 452 events of dividend distribution, occurred between January 2000 and September 2010, in order to identify the EMH in semi-strong form of Brazilian capital market. We used an event study, which evaluates abnormal returns of stocks relative to the market return (Ibovespa. The analysis of the abnormal return in the event window (10 days before and after the dividend distribution announcement showed an upward trend, with significant positive abnormal returns on days t-5, t-3, and t-1 to t+1. The results go in the direction of other studies of national literature and contribute to attest that the Brazilian capital market lacks the semi-strong form of informational efficiency.

Credit risk in the pool-implications for private capital investments in Brazilian power generation

International Nuclear Information System (INIS)

Rocha, Katia; Alcaraz Garcia, Francisco A.

2006-01-01

The new Brazilian Electric Sector Regulation of 2004 introduced two negotiation markets: the regulated pool and the free market. Competition in the pool is enforced via energy auctions, where the winning generator has to sign long-term power purchase agreements simultaneously with all distributors at the bidding-price. To estimate the appropriate credit risk spread of the pool, we implement a clustering methodology to rank and rate the distributors. The results show an average spread between 5.75% and 8.5%, which corresponds to a credit rating of B- according to the spreads available in Reuters 2004. This estimation is at least 208 basis points higher than the credit rating Ba1/BB+ assigned to the distributors by the National Electric Energy Agency (ANEEL) in the periodic tariff revisions. Distributors with higher risk/spread are located in the South-Southeast, compared to the low risk/spread ones concentrated in the North-Northeast. We estimate the opportunity cost of capital in real terms in the range of 13-16% to account for the credit risk of the pool. Essential to determine the bidding price at the auctions, this estimation is higher than the 11.26% opportunity cost estimated by ANEEL. The pool's credit risk has to be taken into consideration, especially for compensating new private capital investments in Brazilian power generation

State Spending on Higher Education Capital Outlays

Science.gov (United States)

Delaney, Jennifer A.; Doyle, William R.

2014-01-01

This paper explores the role that state spending on higher education capital outlays plays in state budgets by considering the functional form of the relationship between state spending on higher education capital outlays and four types of state expenditures. Three possible functional forms are tested: a linear model, a quadratic model, and the…

Suicide among young people in selected Brazilian State capitals

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Souza Edinilsa Ramos de

2002-01-01

Full Text Available This study analyzes suicide among young Brazilians (15-24 years old in nine metropolitan areas. Mortality data for 1979-1998 were obtained from the Mortality Information System of the Ministry of Health. External causes are the main causes of death among youth, and suicide is the sixth most frequent of these causes. The distribution is heterogeneous, varying according to the social stratum, specific age group, sex, and means used to commit suicide. All cities analyzed showed increased suicide rates from 1979 to 1998 (from 3.5 to 5.0 per 100,000 inhabitants 15-24 years old. Salvador and Rio de Janeiro had the lowest suicide rates, while Porto Alegre and Curitiba had the highest. The principal means used by youth to commit suicide were hanging, strangling, and suffocation (Porto Alegre, followed by firearms and explosives (Belo Horizonte.

O Capital Intelectual segundo o Entendimento de Gestores de Empresas BrasileirasIntellectual Capital under the View of Brazilian Enterprises ManagersEl Capital Intelectual en el Entender de Gestores de Empresas Brasileñas

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ANTUNES, Maria Thereza Pompa

2005-09-01

Full Text Available RESUMOEste estudo objetivou avaliar o nível de entendimento do conceito de Capital Intelectual dos gestores de grandes empresas brasileiras, comparativamente ao conceito exposto na literatura, a fim de se levantarem subsídios que possam mostrar a tendência do seu desenvolvimento e aplicação na realidade econômica e empresarial brasileira. A pesquisa do tipo exploratória e descritiva foi baseada em uma amostra composta por 30 gestores. A análise dos dados, tratados por meio do método qualitativo (Análise de Conteúdo e do método quantitativo (análise de cluster e teste de Mann-Whitney sugeriu que os gestores possuem o entendimento do conceito semelhante ao da teoria, identificam os elementos de acordo com o da teoria e realizam investimentos nesses elementos. Adicionalmente, identificou-se uma predisposição positiva dos gestores para a aplicação de modelos gerenciais de controle, dada a não existência de acompanhamento desses investimentos. Dessa forma, verificou-se espaço para o desenvolvimento de modelos que contemplem a gestão dos elementos do capital Intelectual por meio da Contabilidade Gerencial.ABSTRACTThis essay had the purpose to evaluate the interpretation of the top Brazilian companies’ managers towards the concept of Intellectual Capital, in comparison with the concept shown in the relevant literature, in order to raise data that could indicate the trends of the development and application of such concept within the Brazilian economic and business environment. The exploratory and descriptive research was based in a sample of 30 managers. The data analysis using qualitative method (cluster analysis and Mann-Whitney test suggested that managers have an interpretation of the Intellectual Capital concept which is similar to the theory, and that they usually identify the elements in accordance with the theory and make investments on such elements. In addition to that, the research shows that managers have a tendency

EARNINGS MANAGEMENT AND ECONOMIC CRISES IN THE BRAZILIAN CAPITAL MARKET

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Aldy Fernandes da Silva

2014-05-01

Full Text Available The 2008 economic crisis challenged accounting, either demanding recognition and measurement criteria well adjusted to this scenario or even questioning its ability to inform appropriately entities’ financial situation before the crisis occurred. So, our purpose was to verify if during economic crises listed companies in the Brazilian capital market tended to adopt earnings management (EM practices. Our sample consisted in 3,772 firm-years observations, in 13 years – 1997 to 2009. We developed regression models considering discretionary accruals as EM proxy (dependent variable, crisis as a macroeconomic factor (dummy variable of interest, ROA, market-to-book, size, leverage, foreign direct investment (FDI and sector as control variables. Different for previous EM studies two approaches were used in data panel regression models and multiple crises were observed simultaneously. Statistics tests revealed a significant relation between economic crisis and EM practices concerning listed companies in Brazil in both approaches used.

Impact of adopting IFRS standard on the equity cost of brazilian open capital companies / Impacto da adoção do padrão IFRS no custo de capital próprio das empresas de capital aberto no Brasil

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Rafael Confetti Gatsios

2016-08-01

Full Text Available Purpose: This study aims to assess the impact of adopting IFRS standard on the equity cost of Brazilian open capital companies in the period of 2004-2013. Originality/gap/relevance/implications: The adoption of International Financial Reporting Standards aims to increase the quality of accounting information. Studies performed in Europe suggest that, after the adoption of the IFRS standard, there was a reduction in the equity cost of companies due to the reduction of information asymmetry and risk. Key methodological aspects: The equity cost was calculated using the capital asset pricing model (CAPM adapted to the Brazilian case. The empirical strategy was the difference analysis in differences, comparing the results of companies that voluntarily adopted the IFRS with companies that adopted IFRS after the mandatory adoption period. Summary of key results: The results indicate that the adoption of the IFRS standard does not contribute to reduce the equity cost in Brazil. Key considerations/conclusions: Suggesting that the process of adopting the international accounting standard may take more time to impact the equity cost of Brazilian open capital companies, since the impact of IFRS is not related only with the adoption, but also with its use by companies and users. Objetivo: Este trabalho se propõe a avaliar o impacto da adoção do padrão IFRS sobre o custo de capital próprio das empresas de capital aberto no Brasil. Originalidade/Lacuna/Relevância/Implicações: A adoção do padrão International Financial Reporting Standards (IFRS apresenta como objetivo o aumento da qualidade das informações contábeis. Estudos realizados para a Europa indicam que após a adoção do padrão IFRS se verificou a redução do custo de capital próprio das empresas devido a redução da assimetria de informação e do risco. Principais aspectos metodológicos: O estudo foi realizado no período de 2004 a 2013. O custo de capital próprio foi calculado

A proposal of cost evaluation of own capital for the Brazilian electric sector; Uma proposta de avaliacao do custo do capital proprio para o setor de energia eletrica brasileiro

Energy Technology Data Exchange (ETDEWEB)

Serrano, Ricardo Oliveira L.

2003-12-01

This work studies the own capital cost of the Brazilian electric sector, by using three methodologies: Comparable Accounting Results (CAR), using historical values for measurement, Discounted Cash Flow (DCF) and the CAPM, elaborated from expected values.The obtained results by using the CAR method indicated that the Brazilian electric power sector is not receiving remuneration according to the real maintenance and expansion necessities. Based on this observation, it was considered appropriated to discard the CAR method in the proposed methodology, therefore using the simply average of the CAPM e DCF models. By using the simply average of the models presents the advantage of capturing specific characteristics of each model, and to dilute effects of eventual extreme values.

Social capital, ideology, and health in the United States.

Science.gov (United States)

Herian, Mitchel N; Tay, Louis; Hamm, Joseph A; Diener, Ed

2014-03-01

Research from across disciplines has demonstrated that social and political contextual factors at the national and subnational levels can impact the health and health behavior risks of individuals. This paper examines the impact of state-level social capital and ideology on individual-level health outcomes in the U.S. Leveraging the variation that exists across states in the U.S., the results reveal that individuals report better health in states with higher levels of governmental liberalism and in states with higher levels of social capital. Critically, however, the effect of social capital was moderated by liberalism such that social capital was a stronger predictor of health in states with low levels of liberalism. We interpret this finding to mean that social capital within a political unit-as indicated by measures of interpersonal trust-can serve as a substitute for the beneficial impacts that might result from an active governmental structure. Copyright © 2014 Elsevier Ltd. All rights reserved.

Estrutura de capital, dividendos e juros sobre o capital próprio: testes no Brasil Capital structure, dividends and interests on equity: tests in Brazil

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Mariano Seikitsi Futema

2009-04-01

Full Text Available A estrutura de capital e os dividendos são dois dos temas mais estudados em finanças corporativas. Em 2002, Fama e French estudaram esses dois temas simultaneamente dentro do contexto das teorias de tradeoff estática e pecking order. A análise conjunta significa reconhecer que o dividendo afeta a estrutura de capital e vice-versa, o que gera um problema de endogeneidade. Estendendo o estudo de Fama e French e adaptando a análise para a realidade brasileira com a inclusão de mais uma variável dependente, os juros sobre o capital próprio, o objetivo deste artigo é analisar as relações conjuntas da estrutura de capital, dividendos e juros sobre o capital próprio das empresas brasileiras para o período de 1995 a 2004. Em linhas gerais, os resultados confirmam boa parte das previsões das teorias, embora a distribuição de lucros no Brasil ainda seja muito baixa, comparada com a americana. A lucratividade demonstrou ser a variável explicativa de maior peso e influência tanto para a distribuição de lucros como para a alavancagem.Capital structure and dividends have been frequently studied in corporate finance. In 2002, Fama and French simultaneously analyzed these two subjects in the context of tradeoff and pecking order theories. The simultaneous analysis means acknowledging that dividend influences capital structure and vice versa, leading to an endogeneity problem. Extending and adapting Fama and French's study to the Brazilian environment and including yet another dependent variable, i.e. interest on equity, this article aims to analyze the relationship among capital structure, dividends and interest on equity in the context of Brazilian companies. The analysis comprises the period from 1995 to 2004. Results corroborate many of the predictions of tradeoff and pecking order theories, despite the fact that dividend payout in Brazil is low when compared to the United States. Profitability was the most significant variable in

CAPM (Capital Asset Pricing Model) and regulation in Brazilian electric distribution sector; CAPM (Capital Asset Pricing Model) e regulacao no segmento de distribuicao do setor eletrico brasileiro

Energy Technology Data Exchange (ETDEWEB)

Pinto, Rinaldo Caldeira; Parente, Virginia [Universidade de Sao Paulo (USP), SP (Brazil)], emails: rinaldo@iee.usp.br, vparente@iee.usp.br

2010-07-01

The aim of this paper is to analyse the use of Capital Asset Pricing Model (CAPM) Beta in the Brazilian electric distribution sector tariffs review. The betas applied by the Regulatory Agency are defined using data from the American, English and Brazilian markets. These betas will then be compared to the betas obtained in the domestic market. The betas were directly obtained from an economic-financial databank largely employed by the market. The sample is composed of companies' shares, priced at Sao Paulo Stock Market. Their main activity is the distribution of electric energy between July 2002 and July 2007. The results of mean betas obtained for the distribution segment, with values close to the ones applied by the regulatory agency for the cycle of tariff reviews between 2007-2010. (author)

CAPM (Capital Asset Pricing Model) and regulation in Brazilian electric distribution sector; CAPM (Capital Asset Pricing Model) e regulacao no segmento de distribuicao do setor eletrico brasileiro

Energy Technology Data Exchange (ETDEWEB)

Pinto, Rinaldo Caldeira; Parente, Virginia, E-mail: rinaldo@iee.usp.br, E-mail: vparente@iee.usp.br [Universidade de Sao Paulo (USP), SP (Brazil)

2010-07-01

The aim of this paper is to analyse the use of Capital Asset Pricing Model (CAPM) Beta in the Brazilian electric distribution sector tariffs review. The betas applied by the Regulatory Agency are defined using data from the American, English and Brazilian markets. These betas will then be compared to the betas obtained in the domestic market. The betas were directly obtained from an economic-financial databank largely employed by the market. The sample is composed of companies' shares, priced at Sao Paulo Stock Market. Their main activity is the distribution of electric energy between July 2002 and July 2007. The results of mean betas obtained for the distribution segment, with values close to the ones applied by the regulatory agency for the cycle of tariff reviews between 2007-2010. (author)

Bolting state-building fault lines with social capital

African Journals Online (AJOL)

2013-12-15

Dec 15, 2013 ... Keywords: State-building, social capital, ethnic supremacy, Dinka, Nuer,. South Sudan. * Robert Gerenge is the Head of Special Programmes at the Electoral Institute for Sustainable. Democracy in Africa (EISA). South Sudan's December 2013 conflict: Bolting state-building fault lines with social capital.

Analysis of the Relevance of Information Content of the Value Added Statement in the Brazilian Capital Markets

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Márcio André Veras Machado

2015-04-01

Full Text Available The usefulness of financial statements depends, fundamentally, on the degree of relevance of the information they disclose to users. Thus, studies that measure the relevance of accounting information to the users of financial statements are of some importance. One line of research within this subject is in ascertaining the relevance and importance of accounting information for the capital markets: if a particular item of accounting information is minimally reflected in the price of a share, it is because this information has relevance, at least at a certain level of significance, for investors and analysts of the capital markets. This present study aims to analyze the relevance, in the Brazilian capital markets, of the information content of the Value Added Statement (or VAS - referred to in Brazil as the Demonstração do Valor Adicionado, or DVA. It analyzed the ratio between stock price and Wealth created per share (WCPS, using linear regressions, for the period 2005-2011, for non-financial listed companies included in Melhores & Maiores ('Biggest & Best', an annual listing published by Exame Magazine in Brazil. As a secondary objective, this article seeks to establish whether WCPS represents a better indication of a company's result than Net profit per share (in this study, referred to as NPPS. The empirical evidence that was found supports the concept that the VAS has relevant information content, because it shows a capacity to explain a variation in the share price of the companies studied. Additionally, the relationship between WCPS and the stock price was shown to be significant, even after the inclusion of the control variables Stockholders' equity per share (which we abbreviate in this study to SEPS and NPPS. Finally, the evidence found indicates that the market reacts more to WCPS (Wealth created per share than to NPPS. Thus, the results obtained give some indication that, for the Brazilian capital markets, WCPS may be a better proxy

Determinants of the Capital Structure of Small and Medium Sized Brazilian Enterprises

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Wilson Toshiro Nakamura

2013-07-01

Full Text Available This research investigates the determinants of the capital structure of small and medium enterprises (SMEs using a unique database that includes over 19,000 Brazilian firms and spans 13 years of data. The econometric analysis employs the System Generalized Method of Moments estimator (GMM-Sys and two strong results emerge: (a profitability is negatively related to leverage, and (b asset growth is positively related to leverage. Both results are consistent with the pecking order theory of capital structure and suggest that SMEs tend to finance their expansion with debt only after exhausting their internal resources. Additionally, we find weaker evidence for the following: (a size is positively related to leverage, which can be interpreted as evidence that larger firms have more access to credit markets; (b riskier SMEs tend to be less financially leveraged, consistent with the bankruptcy cost arguments from trade-off theories; and (c the age of the firm is negatively related to financial leverage, suggesting that older SMEs may be slightly more conservative in their financing choices. Finally, the magnitude of the coefficient of lagged leverage shows the high persistence of this variable and is compatible with the hypothesis that SMEs adjust their debt/equity ratio towards a target value, although at a low speed.

Opportunities to improve the private capital in Brazilian electricity supply industry

International Nuclear Information System (INIS)

Medeiros, R.A. de.

1993-08-01

The Brazilian electricity supply industry has passed substantial changes in the last fifty years. In the 50's was almost completely controlled by foreign companies. In the 70's, it turned to be almost exclusively ruled by Federal and State Enterprises. In the 80's the electricity supply sector started a financial and institutional crises. Some changes, already in course, indicate new changes of it for the next years. This study give emphasis to: the reasons that lead to a fast and well succeeded State intervention in the post-war; the multiple reasons of the recent crisis in sector, trying to insert it in the general context of the country; the alternative that have being formulated to overcome the obstacles created by the crisis; and the main factors for an efficient re-structure of the Brazilian electricity sector for the next years, included privatisation. (author)

State, federalism and educational policies: implications in brazilian education

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Karla Cristina Silva Sousa

2018-01-01

Full Text Available The article discusses the relationship between state and federalism as a political and administrative organizational form of the state and its implications in Brazilian educational policy. For that, we follow the analysis of the concepts of State, federalism, and educational policies from the classics of Machiavelli (2001, Locke (1998, Rousseau (1999, Hamilton, Jay and Madison (2003, Abrucio Arretche (1996, among others. Therefore, we see that the new Brazilian federalism based on the model proposed by the American Constitution brings the local powers – the municipalities – as new agents within the educational policy and the collaboration regime as a means of effecting cooperative federalism in Brazil. We conclude that the federalism, in Brazilian model, presents itself as demos constraining the national sub-governments.

Brazilian infectious diseases specialists: who and where are they?

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Alex Jones Flores Cassenote

2016-03-01

Conclusion: Our study shows that Brazilian infectious diseases specialists are predominantly young and female doctors. Most have concluded a medical residency training program. The absolute majority practice in the Southeastern region. However, some states from the Northern, Northeastern and Southeastern regions exhibit specialist rates above the national average. In these areas, nonetheless, there is a strong concentration of infectious diseases specialists in state capitals and in metropolitan areas.

A New capitalism in Brazil? Fusions & acquisitions on Lula government

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José Carlos Martines Belieiro Junior

2014-06-01

Full Text Available This paper aims analyze the phenomenon of fusions and acquisitions of companies in Brazil during the government of ex-president Luis Ignacio Lula da Silva, from 2003 to 2010. The adopted point of view is the one of relations between the State an d the economy trying to investigate what the new role of the private capital in the contemporary Brazil. The basic hypothesis that guide this work is to explain the fusions and acquisitions in a broader context of State support to the process of fusions and acquisitions as a new way of global insertion of Brazilian capitalism in a moment of international competitiveness.

Do Transparency and Open Data Walk Together? An Analysis of Initiatives in Five Brazilian Capital

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Ana Carolina Araújo

2016-12-01

Full Text Available In the last few years, Brazilian municipal governments have launched their open data web portals. These initiatives have been taking place as part of the implementation of the Transparency Act, which sets forth deadlines and punishments concerning the adoption and performance of steps that focus on government transparency, such as the presence of transparency portals. Accordingly, this paper aims to check whether municipalities that keep portals with higher a Digital Transparency Index (DTI will also prove to have the strongest open data initiatives. In order to achieve this goal we assess the official portals and open data initiatives in five Brazilian capitals by using the methodologies proposed by Paula Amorim (2012, and the prerequisites pointed out by the Open Knowledge Foundation (OKF, 2011, and Tim Berners-Lee (2010. The results indicate that there is no direct relationship between the Digital Transparency Index and the strength of open data actions in each municipality. The discussion of the results points to the absence of a concise public policy on digital democracy that is able to promote transparency and government data simultaneously.

Impact of family capital & social capital on youth entrepreneurship – a study of Uttarakhand state, India

OpenAIRE

Sharma, Lalit

2014-01-01

The research paper intends to interpret how the three forms of family capital viz. family's financial capital, family's man power capital and family's human capital influences the career choice intention of students of HEI's of Uttarakhand, India. Additionally the study also evaluates the impact of student's individual social capital on his career intent. This is a quantitative study conducted at Uttarakhand state of India on a large sample of students studying in various professional courses...

Social Capital and Happiness in the United States

DEFF Research Database (Denmark)

Bjørnskov, Christian

2008-01-01

This paper explores the association between social capital and average happiness in the United States. Social capital is measured as a multidimensional concept consisting of social trust and two different indicators of sociability. In order to employ the variation both over time and across states......, the data are organized in either a panel of nine US Census regions over the period 1983-1998 or in averages over this period in a cross-section of 48 states. The results show that social trust is positively associated with happiness while the potential effects of informal sociability at the level...... of society only appear significant in the regional estimates. The findings document the importance of social trust for average happiness but also hold more general implications for social capital theory....

INNOVATION PROCESS IN OPEN CAPITAL BRAZILIAN COMPANIES

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Ricardo Floriani

2013-12-01

Full Text Available This study aims to identify the innovation process used by the open capital Brazilian companies and establish a ranking of the potentially innovative ones. For this, a questionnaire was sent to 484 companies with shares traded in Bovespa, receiving a response from 22. The innovation process is based on the model of Barrett and Sexton (2006. A summary of the results is presented below. (i Organizational Capabilities – 95.5% answered that they have incentives for innovation activities and 68.2% reported having procedures for all services. The leadership has a facilitator role encouraging the initiative (86.4% and promotes the maintenance of the group relationship (72.7%. Value risk taking, even through failures and prioritize the learning and experimenting new ideas. (ii Background of the innovation – reveals aspects of the capacity (internal or (external. Of the respondents, 59.1% developed internal activities of continuing P & D. Training to innovate is present in a continuous or occasional basis in 81.8% of the companies. The respondents characterize the economic environment as dynamic and the majority purchased software and equipments. In only 12 opportunities was a reference to obtaining patents as innovation protection measure. (iii Focus of innovation – the majority of the companies mentioned process or product innovation. Rewards are offered when the objectives are met and it is brought to attention when this does not occur. (iv Highlighted performance – the innovations achieved the expectations and created effects. The relevant benefits noticed were: improvement in quality of goods and services, increase of market share, increase of goods and services, and increase of productive capacity.

Gestão de Capital de Giro: um Estudo Comparativo entre Práticas de Empresas Brasileiras e Britânicas

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Rafael Felipe Schiozer

2012-07-01

Full Text Available This study investigates the determinants of the ways to conduct working capital practices in micro and small enterprises (MSEs, using the foundations of firm life cycle, resource based view, trade credit, agency and transaction cost theories. The data obtained from a survey with 447 MSEs from the states of Minas Gerais and São Paulo were analyzed using multivariate techniques, and four styles of working capital management were identified. These styles may be explained by firm characteristics such as age, size and profitability. The results were compared to the ones obtained in a similar study with UK firms (Howorth & Westhead, 2003, and the evidence shows important differences: (a Brazilian firms revise most working capital management routines more frequently than their counterparts in the UK; (b Brazilian MSEs supply less trade credit than their British counterparts. These differences may be explained, at least in part, by the higher cost of financing faced by Brazilian firms compared to UK firms.

Social Capital, Race, and Income Inequality in the United States

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Baodong Liu

2017-02-01

Full Text Available Since the 1980s, the United States has witnessed increasing wealth concentration in the hands of the ultra-rich. Measured at the state level, the top 10 percent of income earners amassed roughly 43% of total income, and economic growth only enhanced this inequality between the ultrarich and the rest of citizens. This paper examines whether social capital plays a positive role in mitigating income inequality at the state level, with an emphasis on racial diversity and its relation to church attendance. The empirical findings demonstrate that social capital, whether measured by Robert Putnam’s state-level social capital index (SCI, or a new measure that improves SCI’s original measurement, fails to improve income equality. In comparison, racial diversity is found to be a consistent contributor of income inequality. In states with a greater proportion of minority population, the ultra-rich tend to share more wealth and social capital potentially facilitates the ultra-rich to enjoy the benefit of economic growth.

[Clinical and social vulnerabilities in crack users according to housing status: a multicenter study in six Brazilian state capitals].

Science.gov (United States)

Halpern, Silvia Chwartzmann; Scherer, Juliana Nichterwitz; Roglio, Vinicius; Faller, Sibele; Sordi, Anne; Ornell, Felipe; Dalbosco, Carla; Pechansky, Flavio; Kessler, Félix; Diemen, Lísia von

2017-07-03

The study had the goal to evaluate psychoactive substance use severity, violence, physical and emotional health of crack users who seeks specialized treatment in Psychosocial Care Centers for Alcohol and Drugs (CAPSad) concerning housing status. This is a multicenter cross-sectional study in six Brazilian capitals with 564 crack users categorized into two groups (1) users who have been homeless sometime in life (n = 266) and (2) individuals who have never lived on streets (n = 298). To assess the substance use severity and the characteristics of the individuals, the Addiction Severity Index, 6th version (ASI-6) was used. Group 1 users showed worse indicators regarding alcohol, medical and psychiatric problems, employment and family support subscales, as well as greater involvement with legal problems, violence, sexual abuse, suicide risk and health related problems such as HIV/AIDS, hepatitis and tuberculosis. In addition they have lower income to pay for basic needs. After analysis and control for possible confounders, not having enough income to pay for basic needs, showing depression symptoms, and having been arrested for theft remained statistically significant. This study evaluated more deeply drug use severity and housing status of crack users. Interventions developed in outpatient treatment should be designed and tailored to specific profiles and demands of drug users, especially homeless individuals.

The association of neighbourhood and individual social capital with consistent self-rated health: a longitudinal study in Brazilian pregnant and postpartum women

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Lamarca Gabriela A

2013-01-01

Full Text Available Abstract Background Social conditions, social relationships and neighbourhood environment, the components of social capital, are important determinants of health. The objective of this study was to investigate the association of neighbourhood and individual social capital with consistent self-rated health in women between the first trimester of pregnancy and six months postpartum. Methods A multilevel cohort study in 34 neighbourhoods was performed on 685 Brazilian women recruited at antenatal units in two cities in the State of Rio de Janeiro, Brazil. Self-rated health (SRH was assessed in the 1st trimester of pregnancy (baseline and six months after childbirth (follow-up. The participants were divided into two groups: 1. Good SRH – good SRH at baseline and follow-up, and, 2. Poor SRH – poor SRH at baseline and follow-up. Exploratory variables collected at baseline included neighbourhood social capital (neighbourhood-level variable, individual social capital (social support and social networks, demographic and socioeconomic characteristics, health-related behaviours and self-reported diseases. A hierarchical binomial multilevel analysis was performed to test the association between neighbourhood and individual social capital and SRH, adjusted for covariates. Results The Good SRH group reported higher scores of social support and social networks than the Poor SRH group. Although low neighbourhood social capital was associated with poor SRH in crude analysis, the association was not significant when individual socio-demographic variables were included in the model. In the final model, women reporting poor SRH both at baseline and follow-up had lower levels of social support (positive social interaction [OR 0.82 (95% CI: 0.73-0.90] and a lower likelihood of friendship social networks [OR 0.61 (95% CI: 0.37-0.99] than the Good SRH group. The characteristics that remained associated with poor SRH were low level of schooling, Black and Brown

Origem e ascensão do debate sobre o capital internacional na formação econômica brasileira (1889-1964 Origin and rise of the debate about international capital in the Brazilian economic formation (1889-1964

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Alexandre Macchione Saes

2007-05-01

Full Text Available O artigo discute a origem e a ascensão do debate intelectual sobre o capital internacional na formação econômica brasileira, entre o início do período republicano e a eclosão do golpe militar em 1964. Esse período divide-se em “origem”, do final do século XIX a 1930, e “ascensão”, do Governo Vargas ao início do regime ditatorial em 1964. O primeiro momento situa os debates embrionários à problemática da atuação do capital estrangeiro que suscitaram as primeiras manifestações nacionalistas. A partir da Revolução de 1930, os governos se voltaram para a industrialização, mas tal estratégia jamais se mostrou plenamente autônoma à utilização de recursos externos. Nesse contexto histórico que, os pensadores brasileiros nos anos 50 e 60 passaram a debater sobre a questão do capital estrangeiro versus capital nacional naquele padrão de desenvolvimento que se consolidava. Palavras-chave: Capital internacional. Vias de desenvolvimento. Debate intelectual. The article discusses the origin and rise of the debate about international capital in the Brazilian economic formation, between the inception of the Republican period and the launch of 1964 coup d’etat. This period is divided into “origin”, from the last decade of 19^th century to 1930, and “rise”, from the Vargas government to the military government in 1964. The first moment shows the preliminary debates arising from issues regarding the foreign capital dynamic that promoted the initial nationalistic manifestations. As of the 1930 revolution, governments invested in industrialization, but this strategy was never fully autonomous from the utilization of foreign resources. Within in this historical context, Brazilian intellectuals in the 50’s and 60’s started to discuss the foreign versus national capital issues in that new development pattern that was being setting across the country. Keywords: International capital. Ways of

Democracy and participation in Brazil: decentralization and citizenship in contemporary capitalism

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Francisco César Pinto da Fonseca

2007-05-01

Full Text Available This article analyzes two opposite traditions in relation to the concepts of “decentralization” and “local power” (Brazilian social thinking and the Tocqueville based matrix due to the role given to these concepts by the Brazilian Constitution of 1988. These concepts were considered capable of making viable democratic participation after the end of the military dictatorship. It also analyzes how the Brazilian pro-democracy arrangement and participation has been reconfigured by the third industrial revolution, which the economic and social relations that sustain capital more flexible and precarious. Specifically, it examines the political response (in a broad sense of the Brazilian state – via public health policies, notably the Single Healthcare System (SUS – to this clash of conflicting forces. It also observes how federative factors related to SUS allow understanding the dynamics of democracy, participation and citizenship (in various dimensions in Brazil.

Epidemiological profile of care for violence in public urgency and emergency services in Brazilian capital, Viva 2014.

Science.gov (United States)

Souto, Rayone Moreira Costa Veloso; Barufaldi, Laura Augusta; Nico, Lucélia Silva; Freitas, Mariana Gonçalves de

2017-09-01

Injuries and deaths resulting from violence constitute a major public health problem in Brazil. The article aims to describe the profile of calls for violence in emergency departments and emergency Brazilian capitals. This is a descriptive study of Violence and Accident Surveillance System (VIVA), carried out in public emergencies Brazilian cities, from September to November 2014, a total of 4406 calls for aggression. We considered the following categories of analysis: 1) sociodemographic characteristics (gender, age, race / skin color, education, place of residence, vulnerability, alcohol intake); 2) Event feature (probable author, nature and means of aggression); and characteristics of care (getting to the hospital, prior service, evolution). Of the total calls for violence (n = 4406), the highest prevalence was among young people 20-39 years (50.2%), male, black and low education. As for the event characteristics it stands out that 87.8% were physical assaults; 46.3% cut/laceration and 13.7% involved a firearm. The results point to the need to strengthen intersectoral actions to expand the network of care and protection.

Capitalism and Public Education in the United States

Science.gov (United States)

Schneller, Peter L.

2017-01-01

The United States democratic system includes characteristics of capitalism as well as socialism. Perhaps the most socialistic endeavor of the US is its K-12 public school system; in fact, US public schools are necessary for democracy to thrive and to create an educated and well-informed populace. However, capitalism and socialism are strange…

Prevalence of arterial hypertension among Seventh-Day Adventists of the São Paulo state capital and inner area.

Science.gov (United States)

Silva, Leilane Bagno Eleutério da; Silva, Stael Silvana Bagno Eleutério da; Marcílio, Amanda Garcia; Pierin, Angela Maria Geraldo

2012-04-01

Inadequate life habits are known to favor hypertension, and Adventists recommend healthy life habits. To assess the prevalence of hypertension among Seventh-Day Adventists from the inner São Paulo state and São Paulo state capital. This study assessed 264 Adventists (mean age, 41.17 ± 15.27 years; women, 59.8%) with a high religiosity level assessed by use of the Duke University Religion Index. Blood pressure was measured with a validated automatic device. The significance level adopted was p < 0.05. The total prevalence of hypertension was 22.7% (27.4% in the inner state and 15% in the capital). The Adventists from the capital differed from those of inner state as follows (p < 0.05), respectively: higher education (62% vs 36.6%); employed by a third party (44%) vs self-employed (40.9%); family income (8.39 ± 6.20 vs 4.59 ± 4.75 minimum wages); individual income (4.54 ± 5.34 vs 6.35 ± 48; couple responsible for family income (35% vs 39.6%); vegetarianism (11% vs 3%); blood pressure (115.38 ± 16.52/68.74 ± 8.94 vs 123.66 ± 19.62/74.88 ± 11.85 mmHg); white ethnicity (65% vs 81.1%); married (53% vs 68.9%); lower tangible support in the social aspect (15.7 ± 5.41 vs 16.9 ± 4.32); and recalling the last time one's blood pressure was measured (65% vs 48.8%). On multivariate analysis, hypertension associated with the following: 1) vegetarianism (OR 0.051; 95% CI: 0.004-0.681); 2) educational level (OR 5.317; 95% CI: 1.674-16.893); 3) recalling the last time one's blood pressure was measured (OR 2.725; 95% CI: 1.275-5.821); 4) being retired (OR 8.846; 95% CI: 1.406-55.668); and 5) being responsible for family income (OR 0.422; 95% CI: 0.189-0.942). The prevalence of hypertension among Adventists was lower as compared with that reported in Brazilian studies, and it was lower in the São Paulo state capital as compared with that in the inner São Paulo state, possibly because of the better socioeconomic conditions and life habits of the former.

Social capital and dental pain in Brazilian northeast: a multilevel cross-sectional study

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Santiago Bianca Marques

2013-01-01

Full Text Available Abstract Background There is limited evidence on possible associations between social determinants and dental pain. This study investigated the relationship of neighborhood and individual social capital with dental pain in adolescents, adults and the elderly. Methods A population-based multilevel study was conducted involving 624 subjects from 3 age groups: 15–19, 35–44 and 65–74 years. They were randomly selected from 30 census tracts in three cities in the State of Paraíba, Brazil. A two-stage cluster sampling was used considering census tracts and households as sampling units. The outcome of study was the presence of dental pain in the last 6 months. Information on dental pain, demographic, socio-economic, health-related behaviors, use of dental services, self-perceived oral health and social capital measures was collected through interviews. Participants underwent a clinical examination for assessment of dental caries. Neighborhood social capital was evaluated using aggregated measures of social trust, social control, empowerment, political efficacy and neighborhood safety. Individual social capital assessment included bonding and bridging social capital. Multilevel logistic regression was used to test the relationship of neighborhood and individual social capital with dental pain after sequential adjustment for covariates. Results Individuals living in neighborhoods with high social capital were 52% less likely to report dental pain than those living in neighborhoods with low social capital (OR = 0.48, 95% CI = 0.27-0.85. Bonding social capital (positive interaction was independently associated with dental pain (OR = 0.88, 95% CI = 0.80-0.91. Last dental visit, self-perceived oral health and number of decayed teeth were also significantly associated with dental pain. Conclusions Our findings suggest that contextual and individual social capital are independently associated with dental pain.

Influenza like illness monitoring in adults of the State Capitals and Federal District in Brazil by telephone survey.

Science.gov (United States)

Reis, Priscilleyne Ouverney; Iser, Betine Pinto Moehlecke; Souza, Líbia Roberta de Oliveira; Yokota, Renata Tiene de Carvalho; de Almeida, Walquiria Aparecida Ferreira; Bernal, Regina Tomie Ivata; Malta, Deborah Carvalho; de Oliveira, Wanderson Kleber; Penna, Gerson Oliveira

2011-09-01

In order to estimate the prevalence of influenza like illness (ILI) in adults from all state capitals and geographic regions in Brazil, a periodical monitoring of ILI cases by the national telephone survey (VIGITEL) was carried out in 2010. A cross-sectional study with 47,876 telephone interviews in the state capitals and Federal District, a probabilistic sample of adult population (>18 years-old) with landline telephone. Questions concerning the results of ILI cases and pandemic influenza (H1N1) 2009, from January 10 to November 30, were analyzed. The proportion of cases stratified by sociodemographic characteristics and Brazilian geographic region was weighted with data from the National Survey with Household Sampling (PNAD) 2008. The prevalence of ILI cases in the last 30 days before interview was 31.2% (95%CI 30.2-32.2%) for all state capitals and the Federal District. This prevalence was higher among women, young adults (18 to 29 years-old) and individuals with 9 to 11 years of schooling. According to the geographic region analysis, Northern Brazil presented the highest prevalence of ILI cases. A tendency to increase with further decrease was observed among the geographic regions, except the Northeast. Need for health care assistance was reported by 26.8% (95%CI 25.1-28.5) from ILI cases. Among ILI cases that sought health care assistance, 2.6% (95%CI 1.8-3.4) reported pandemic influenza (H1N1) 2009 medical suspicion. The results of this survey supported influenza surveillance as it provided timeliness and useful surveillance information, which were not captured by the traditional surveillance system, as the occurrence of ILI and need of health care assistance.

The Implementation Analysis of Intellectual Capital to Department Performance in Padang State University

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Sulastri sulastri

2015-09-01

Full Text Available The purpose of this research was to observe the effect of the age of the organization department in Padang State University on performance through human capital, structural capital and relational capital. The sample is all of department in Padang State University, which is 33 departments. The data were collected through questionnaires and analyzed using partial least squares (PLS. The results showed that the age of the department is not direct and significant impact on the department performance. While the age departments significantly affect the department's human capital, structural capital and relational capital. Furthermore, the human capital, structural capital and relational capital significantly positive affect the department performance. This research failed to prove the existence of variable human capital, structural capital and relational capital as a mediating variable but serves as an intervening variable. Its means that age of department performance cannot determine performance without increasing the human capital, structural capital and relational capital.

Global power and Brazilian nuclear decisions

Energy Technology Data Exchange (ETDEWEB)

Metri, Paulo, E-mail: pmetri@terra.com.br [Clube de Engenharia, Rio de Janeiro, RJ (Brazil)

2017-07-01

Brazilian society declares no intention to development a nuclear artifact. This is on its Constitution. The submarine of nuclear propulsion may be used as a weapon of defense and, therefore, has a peaceful objective. Nationalism must be applied only to benefit the society. Nationalist attention has always been devoted, at various occasions, to the Brazilian nuclear sector. However, since Brazilian society has many needs and the Brazilian government always had numerous energy options, this sector has not been developed as it could be. Other successful applications of nuclear technology, besides electric generation, are not considered here. At present, the country is experiencing a moment of harassment of liberal forces. It is difficult to know if the population understands what is going on, due to the traditional media control. This media belongs to the capital. The rise and the fall of the nationalist strand in a country follow a global tendency and also depend of actions of the international capital. In nationalist periods, more decisions with positive social impact are taken. Therefore, sovereignty is necessary to increase the benefits to society. Unfortunately, the Brazilians deceived by the companies of mass communication and corrupt political leaderships allow the country to be dominated. Even the armed forces had their projects paralyzed. The nuclear sector, as all other, suffers with the low budget and the future is difficult to predict. (author)

Global power and Brazilian nuclear decisions

International Nuclear Information System (INIS)

Metri, Paulo

2017-01-01

Brazilian society declares no intention to development a nuclear artifact. This is on its Constitution. The submarine of nuclear propulsion may be used as a weapon of defense and, therefore, has a peaceful objective. Nationalism must be applied only to benefit the society. Nationalist attention has always been devoted, at various occasions, to the Brazilian nuclear sector. However, since Brazilian society has many needs and the Brazilian government always had numerous energy options, this sector has not been developed as it could be. Other successful applications of nuclear technology, besides electric generation, are not considered here. At present, the country is experiencing a moment of harassment of liberal forces. It is difficult to know if the population understands what is going on, due to the traditional media control. This media belongs to the capital. The rise and the fall of the nationalist strand in a country follow a global tendency and also depend of actions of the international capital. In nationalist periods, more decisions with positive social impact are taken. Therefore, sovereignty is necessary to increase the benefits to society. Unfortunately, the Brazilians deceived by the companies of mass communication and corrupt political leaderships allow the country to be dominated. Even the armed forces had their projects paralyzed. The nuclear sector, as all other, suffers with the low budget and the future is difficult to predict. (author)

Financing School Capital Projects in New York State.

Science.gov (United States)

Howe, Edward T.

1990-01-01

Financing school capital projects in New York State is a responsibility involving both local school districts and the state government. State building aid is provided through an aid ratio and approved expenditure formula. This formula has an equalizing effect among districts by explicitly providing an aid amount inversely proportional to property…

The Role of Militia, Predatory State Authorities, and Rogue Capital in ...

International Development Research Centre (IDRC) Digital Library (Canada)

The Role of Militia, Predatory State Authorities, and Rogue Capital in the Horn of Africa. The nature of the relationship between militias, rogue capital, and the state in the Horn of Africa is largely unknown. New research will map militia presence in the region, and generate knowledge that could be used to develop national ...

Low Health System Performance, Indigenous Status and Antivenom Underdosage Correlate with Spider Envenoming Severity in the Remote Brazilian Amazon.

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Vanderson Souza Sampaio

Full Text Available A better knowledge of the burden and risk factors associated with severity due to spider bites would lead to improved management with a reduction of sequelae usually seen for this neglected health problem, and would ensure proper use of antivenoms in remote localities in the Brazilian Amazon. The aim of this study was to analyze the profile of spider bites reported in the state of Amazonas in the Western Brazilian Amazon, and to investigate potential risk factors associated with severity of envenomation.We used a case-control study in order to identify factors associated with spider bite severity in the Western Brazilian Amazon from 2007 to 2014. Patients evolving to any severity criteria were considered cases and those with non-severe bites were included in the control group. All variables were retrieved from the official Brazilian reporting systems. Socioeconomical and environmental components were also included in a multivariable analysis in order to identify ecological determinants of incidence and severity. A total of 1,181 spider bites were recorded, resulting in an incidence of 4 cases per 100,000 person/year. Most of the spider bites occurred in males (65.8%. Bites mostly occurred in rural areas (59.5%. The most affected age group was between 16 and 45 years old (50.9%. A proportion of 39.7% of the bites were related to work activities. Antivenom was prescribed to 39% of the patients. Envenomings recorded from urban areas [Odds ratio (OR = 0.40 (95%CI = 0.30-0.71; pmedian [OR = 0.64 (95%CI = 0.39-0.75; p300 km away from the state capital Manaus [OR = 1.90 (95%CI = 1.28-2.40; p300 km away from the state capital Manaus [OR = 1.53 (95%CI = 1.15-2.02; p = 0.003] and living in a municipality with a MHSPI 300 km away from the state capital Manaus could be contributing factors to higher severity of spider envenomings in this area, as well as to antivenom underdosage.

The Importance of the Oil and Gas Complex for the Brazilian Economy and Its States

OpenAIRE

Guilhoto, Joaquim Jose Martins; Ichihara, Silvio Massaru; Postali, Fernando Antonio Slaibe

2006-01-01

This paper presents the results of a research conducted to measure the importance of the oil and gas complex in the Brazilian economy and in its states. Initially, the efforts were concentrated in the construction of an interregional input-output system for the 27 states of the Brazilian economy at the level of 42 industries, for the year of 2002. Using this system it was possible to make an analysis of role played by the oil and gas complex in the Brazilian economy and its states. First it i...

Uma análise sobre a evidenciação das contas públicas das Capitais brasileiras = An analysis on the disclosure of public accounts of the brazilian capitals

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José Dionísio Gomes da Silva

2010-01-01

Full Text Available A transparência exigida para os atos de gestão da administração pública é uma ferramenta importante decontrole, que deve ser utilizada pelos cidadãos, para fiscalizar as ações dos governantes das três esferasdo governo: federal, estadual e municipal. A evidenciação das contas públicas está prevista na Lei nº 4.320,de 17 de março de 1964 e na Lei Complementar 101, de 04 de maio de 2000 (LRF. Esta pesquisa temcomo objetivo geral analisar se todas as capitais brasileiras estão evidenciando suas contas públicas, naInternet, em conformidade com o estabelecido na Lei n° 9.755/98 e no Art. 48 da LRF. Foram utilizadas aspesquisas descritiva, bibliográfica e qualitativa. A coleta de dados foi realizada no sítio denominado deContas Públicas mantido pelo Tribunal de Contas da União (TCU e nos sítios das capitais brasileiras,incluindo a capital federal. Os resultados revelaram que das 27 capitais brasileiras, 13 não fizeram nenhumregistro de contas públicas no sítio de mesmo nome de responsabilidade do Tribunal de Contas da União(TCU, sendo que as demais (14 fizeram registros, mas faltam dados exigidos pela Lei 9755/98 e quenenhuma capital atende as exigências do Art. 48 da LRF.The transparency required for the acts of public administration management is an important tool of control,which should be used by citizens to oversee the actions of the rulers of the three spheres of government:federal, state and municipal levels. The disclosure of public accounts is provided in Law No. 4320 of March17, 1964 and the Complementary Law 101 of May 4, 2000 (LRF. This research aims at analyzing whetherall capital cities are showing their public accounts, the Internet, in accordance with the provisions of Law No.9.755/98 and Art 48 of the LRF. We used the exploratory research, literature and qualitative. Data collectionwas performed at the site known as the Public Accounts maintained by the Court of Audit (TCU and thesites of the Brazilian

O BRASIL NO SÉCULO XXI NOS CIRCUITOS DA CRISE DO CAPITAL: o modelo brasileiro de ajuste no foco da crítica

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Alba Maria Pinho de Carvalho

2015-01-01

Full Text Available This article aims to discuss the inclusion of Brazil in the structural capital crisis, particularly focusing on the specifics of the Brazilian model of adjustment, undertaken throughout the current century from the delineation of the analytical elements that allow us to enter the complex web of the Brazilian social life in recent years. This is a theoretical essay produced from the critical reading of texts made by analysts, researches and scholars of the contemporary Brazilian reality. Starting from two fundamental assumptions: we are living a new moment and a new temporality demarcating the capital system. The Brazilian crisis is a peculiar incarnation of the capital crisis in its permanent geographical dislocation. We outline, by means of conclusion that whilst a particular of the capital crisis, the Brazilian crisis expresses the exhaustion of a cycle of adjustments with grave social, political, economic and environmental implications.

ATAQUES À POLÍTICA DE SAÚDE EM TEMPOS DE CRISE DO CAPITAL

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Amanda Santos de Paiva

2016-01-01

Full Text Available This article highlights the determinations inherent to the corrosive movement of capital in the current context of crisis for the Brazilian Health Sector Reform Project. It is a bibliographical research that verifies the subsumption of the Sistema Único de Saúde (SUS - National Health System to macro determinations of finance capital. Shows the management model and privatizing healthcare, individual curative and centered procedure that has hegemonized the implementation of health policy in the context of SUS. As an expression of capital's attacks it emphasizes the obstacles to ensuring universal right to health when privatize it. It problematizes up, so the various forms of health privatization: the proposed universal health coverage-UHC, the so-called "new" management models, DAC 451 and the law n o 13.097 / 2015. And, notes the incestuous relationship between state intervention and the need for expansion of capital via appropriation of public funds.

The quest for recognition: Brazilian immigrants in the United States.

Science.gov (United States)

Zubaran, Carlos

2008-12-01

'Hispanic' and 'Latino' are imprecise umbrella terms often used in the United States to designate nationals from Central and South America. The labelling of Brazilians in this manner generates inaccurate demographic information, including a significant undercount of the migrant population. Research data indicates that Brazilians object to being designated Hispanics, since Brazilians speak Portuguese and have no Spanish heritage. The labelling of ethnic groups has been criticized as a stereotypical and racist system, which primarily responds to non-scientific demands. This commentary appeals for reform in the way researchers and institutions refer to minority citizens as well as for continued research to investigate racism and ethnic prejudice. The development of new approaches and methodologies to examine social networks, migration and the geographic concentration of poverty is advocated.

Private management of public schools of Basic Education: a new market under the auspices of the State

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Bruno Gawryszewski

2017-09-01

Full Text Available This paper aims to present the private management of public schools of Basic Education as one of the pillars that support a private-market agenda in the Brazilian contemporary field, based on the belief of greater efficiency and quality in order to ensure equal opportunity to all. The theoretical and methodological approach was the analysis of the current Brazilian situation included in the structural crisis of the capital, followed by the examination of private management in American schools, known as charter schools, and initiatives for the education networks in Brazil. We conclude by stating that the private management of public schools can be seen as a resource to prevent the cyclical crises of capital, which has opened up new market opportunities in the education field under the auspices of the Brazilian state.

Competitiveness of wood pulp production in different Brazilian states

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Naisy Silva Soares

2013-06-01

Full Text Available This work aimed to analyze the competitiveness of wood pulp production in different Brazilian states, in May, 2008 (Minas Gerais, São Paulo, Espírito Santo and Bahia, using the Policy Analysis Matrix (PAM. The results obtained indicated that the private and social profitability of wood pulp production and commercialization was positive and greater in Bahia. The Brazilian companies were penalized by public policies adopted for the sector; the wood pulp production in São Paulo and Bahia were more competitive and less exposed to the negative effects of public policies that reduce the national company profits.

Characterization of the brazilian alcohol program in the State of Sao Paulo: production costs to plants and distillery homogeneous groups

International Nuclear Information System (INIS)

Miyake, M.Y.; Chung, S.L.; Telhada, M.A.L.

1987-01-01

The ethanol producing plants in the State of Sao Paulo present variation in scale of production, productivity and cost structure. This paper presents production costs and analyses the competitiveness of neat ethanol with respect to gasoline, for each of the eight homogeneous groups of distilleries in operation in the State of Sao Paulo. The study shows that, at prices of march 1986, there is a variation of operational costs in the range of 1.46 to 1.95 cruzados per liter of hydrous ethanol. The reference price, including operational costs and interest on capital, varies from 2.47 to 3.15 cruzados per liter. These prices do not consider subsidies given by the Government under the Brazilian National Alcohol Program. The price of hydrous ethanol in Barrel Equivalent of Oil goes from 33.3 to 43.1 american dollars, showing that ethanol is not currently competitive with gasoline. (author)

Fiscal Policy Impact on the State of Circulating Capital in the Corporate Sector

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Paranchuk Stepan V.

2014-02-01

Full Text Available The goal of the article lies in identification of impact of the fiscal policy on the state of circulating capital in the corporate sector in Ukraine and in other countries. The article underlines conceptual approaches to improvement of the state tax policy with consideration of a necessity of formation of own financial resources for formation of circulating capital by subjects of the corporate sector. It justifies scientific and practical measures on reduction of the tax load on the production capital, that is, on that part of the fixed and circulating capital, which regularly and directly participates in creation of the added value. It offers a list of tax privileges for subjects of the corporate sector that direct profit into accumulation of the own capital base, including in the part of increase of the circulating capital. Realisation of the proposed recommendations should facilitate fast accumulation of financial resources for further formation of the circulating capital in the corporate sector, since this is an indispensable condition of high efficiency of corporate finance and economic activity in general.

RELATIONSHIP BETWEEN WORKING CAPITAL MANAGEMENT AND PROFITABILITY IN BRAZILIAN LISTED COMPANIES

OpenAIRE

Prof. Dr. Hong Yuh Ching; Prof. MSc. Ayrton Novazzi; Prof. Dr. Fábio Gerab

2011-01-01

To overcome competition in a very complex environment, few companies have been able to use the optimization of working capital as a real competitive advantage to leverage profit. The objectives of this article are twofold: a) to investigate if there is any difference between corporate profitability and working capital management in two separate groups of companies: working capital intensive and fixed capital intensive; b) to identify the variables that most affect profitability. The profitabi...

State Policies on Human Capital Resource Management: Minnesota. Human Capital Resource Management Technical Brief

Science.gov (United States)

Bhatt, Monica; Behrstock, Ellen; Cushing, Ellen; Wraight, Sara

2010-01-01

Training, recruiting, developing, and supporting talented and effective educators throughout their careers is known as human capital resource management (HCRM) in education. HCRM has been identified in recent literature as one of the ways in which districts and states may increase school effectiveness and improve student learning (Heneman &…

State Policies on Human Capital Resource Management: Wisconsin. Human Capital Resource Management Technical Brief

Science.gov (United States)

Cushing, Ellen; Bhatt, Monica; Wraight, Sara; Behrstock, Ellen; Meyer, Cassandra

2010-01-01

Training, recruiting, developing, and supporting talented and effective educators throughout their careers is known as human capital resource management (HCRM) in education. HCRM has been identified in recent literature as one of the ways in which districts and states may increase school effectiveness and improve student learning (Heneman &…

State Policies on Human Capital Resource Management: Indiana. Human Capital Resource Management Technical Brief

Science.gov (United States)

Meyer, Cassandra; Bhatt, Monica; Wraight, Sara; Behrstock, Ellen; Cushing, Ellen

2010-01-01

Training, recruiting, developing, and supporting talented and effective educators throughout their careers is known as human capital resource management (HCRM) in education. HCRM has been identified in recent literature as one of the ways in which districts and states may increase school effectiveness and improve student learning (Heneman &…

State Policies on Human Capital Resource Management: Iowa. Human Capital Resource Management Technical Brief

Science.gov (United States)

Behrstock, Ellen; Bhatt, Monica; Cushing, Ellen; Wraight, Sara

2010-01-01

Training, recruiting, developing, and supporting talented and effective educators throughout their careers is known as human capital resource management (HCRM) in education. HCRM has been identified in recent literature as one of the ways in which districts and states may increase school effectiveness and improve student learning (Heneman &…

State Policies on Human Capital Resource Management: Michigan. Human Capital Resource Management Technical Brief

Science.gov (United States)

Meyer, Cassandra; Bhatt, Monica; Wraight, Sara; Behrstock, Ellen; Cushing, Ellen

2010-01-01

Training, recruiting, developing, and supporting talented and effective educators throughout their careers is known as human capital resource management (HCRM) in education. HCRM has been identified in recent literature as one of the ways in which districts and states may increase school effectiveness and improve student learning (Heneman &…

State Policies on Human Capital Resource Management: Illinois. Human Capital Resource Management Technical Brief

Science.gov (United States)

Meyers, Coby; Bhatt, Monica; Wraight, Sara; Behrstock, Ellen; Cushing, Ellen

2010-01-01

Training, recruiting, developing, and supporting talented and effective educators throughout their careers is known as human capital resource management (HCRM) in education. HCRM has been identified in recent literature as one of the ways in which districts and states may increase school effectiveness and improve student learning (Heneman &…

State Policies on Human Capital Resource Management: Ohio. Human Capital Resource Management Technical Brief

Science.gov (United States)

Bhatt, Monica; Wraight, Sara; Behrstock, Ellen; Cushing, Ellen

2010-01-01

Training, recruiting, developing, and supporting talented and effective educators throughout their careers is known as human capital resource management (HCRM) in education. HCRM has been identified in recent literature as one of the ways in which districts and states may increase school effectiveness and improve student learning (Heneman &…

Return on capital of Brazilian electricity distributors: A comparative analysis

International Nuclear Information System (INIS)

Rocha, Katia; Camacho, Fernando; Braganca, Gabriel

2007-01-01

This paper analyzes the electricity distribution segment in Brazil from 1998 to 2005-after the conclusion of privatization process-trying to assess whether the return on capital invested was in line with the risk required in the segment. It concludes that the return on equity in Brazil was systematically negative until 2003. Only in 2005 did the distribution segment really begin to recover, showing profitability consistent with the estimated cost of equity. Comparisons with Argentine, Chilean and American companies reveal that firms in the latter two countries, generally managed to reward shareholders according to the opportunity cost of capital. Estimates are that to sustain annual growth of roughly 3.7% for the next decade, the entire electricity sector will demand US$ 7 billion in capital expenditures a year for the next decade, 67% for generation, 16% for transmission and 17% for distribution. In order to stimulate private capital investment, it is fundamental for the regulator, in the tariff revision processes, to consistently assure a rate of return on capital in line with the segment's real opportunity cost and therefore maintain the health of all the three segments without the burden of subsidies

Systematic risk variations (beta) convertible debenture brazilian companies

OpenAIRE

Renata Drumond Pinto Coelho Antonino; Wagner Moura Lamounier; Roberto Kaehler de Albuquerque Maranhão

2010-01-01

purpose of this article is to analyze the impact of issuing convertible debentures on the systematic risk of Brazilian companies. Some applied researches in the U.S. capital market (STEIN, 1992; LEWIS et al, 2002; RAI, 2005) indicate that convertible debentures may be used as an alternative financing source when adverse selection problem makes stock issuing unattractive financing source. The analysis of Brazilian companies that issued convertible debentures recorded in the period from 1998 to...

Dr Brasilia and Mr. Nacala: the apparent duality behind the Brazilian state-capital nexus

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TOMASO FERRANDO

2015-06-01

Full Text Available In August 2010 Brazil decided to limit foreign direct investments (FDIs in land, and attracted the attention of politicians as much as the fears of businessmen. However, few months before, in September 2009, it had concluded a trilateral agreement with Japan and Mozambique to implement agribusiness and contract farming on an area of ten million hectares in the Mozambican region of Nacala. In light of that, the paper analyses the apparent duality of the Brazilian politics, and concludes that, exactly like in the case of the novel by Robert Louis Stevenson, it is not a matter of pathology, but a voluntarily induced double personality which is strategic in positioning Brazil at the core of the global capitalist system.

FUNDOS DE PENSÃO, CAPITAL ESTATAL E NEODESENVOLVIMENTISMO

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José Menezes Gomes

2014-01-01

Full Text Available The article analyzes the limits of conception of economic development arising from the change of the international scenery, since 2003, with the alteration of the international flux of capitals to the sub-developed countries, accompanied of chinese expansion and commodities’ appreciation. It highlights the assigned role to the pension funds by Lula da Silva’s government to justify the counter-reform of the Provident Funds. It approaches the role of BNDES and the subsidy to the grand capital. Demarcates the fall of the basic tax in the USA and its impacts on the Brazilian economy. Argues that the payment of taxes and the amortization of the public debt was converted in the mechanism through which the State withdraw resources from workers, through the direct and indirect taxes and refer those to the bankers and pension funds. Emphasizes the generalization of neoliberalism, seeking to resolve the capitalist crisis through the renegotiation of external debt, of the commercial and financial openings, and of privatizations.

Direitos sociais e transição para o capitalismo: o caso da primeira república brasileira (1889 - 1930 Social rights and the transition to capitalism in the First Brazilian Republic (1889-1930

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Décio Azevedo Marques de Saes

2007-05-01

Full Text Available O texto procura analisar os direitos sociais na Primeira República Brasileira (1889-1930, com vistas a colocar a sua instauração causal com outros processos sociais. O objetivo que nos move, nessa análise, é duplo: a de um lado, queremos contribuir para um melhor conhecimento da configuração da esfera jurídico-política no processo de transição da formação social brasileira para o modo de produção capitalista; b de outro lado, queremos testar as linhas gerais de um esquema teórico capaz de explicar a evolução dos direitos sociais não só no Brasil republicano como também noutras formações sociais em transição para o capitalismo. Palavras-Chave: Direitos sociais. Política. Capitalismo. Estado. Classes sociais. This text analyzes the social rights in the first Brazilian Republic in order to show how it influenced the other social processes. On one hand, it is a contribution to a better understanding of the judicial and political aspects of the transition process of the Brazilian social formation towards the capitalist way of production. On the other hand, it is a test for the general lines of a theoretical system which seems to be able to explain the evolution of the social rights not only during the republican period but also in the other social aspects that led to capitalism. Keywords: Social rights. Politics. Capitalism. State. Social classes.

Building Social Capital for Internationalization

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Suzana Braga Rodrigues

2012-01-01

Full Text Available Social capital may be defined as social relationships that confer actual or potential benefits. It can therefore beunderstood as a particular type of resource. Recent research has drawn attention to how connections andrelationships (networking both at home and abroad can be crucially important for small and medium-sizedenterprises (SMEs seeking to export or invest abroad. However, relatively little is known about how SMEsinitiate, develop and maintain network relationships. This paper reports a study of 32 British SMEs exporting, orattempting to export, to Brazil and of domestic institutional agencies whose role was to facilitate businessconducted between British and Brazilian SMEs. The study explored both the functions of social capital for theSMEs and the process whereby it was developed. Its findings confirm the value of social capital in internationalentrepreneurship. It can provide information, interpretation, market opportunities, and some degree of protectionagainst the risks associated with foreignness, newness and smallness. The study also confirms the vitalimportance of personal trust in sustaining social capital between small firms.

Migrant Networks across Borders: The Case of Brazilian Entrepreneurs in Japan

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Naoto HIGUCHI

2010-05-01

Full Text Available Classical studies on migration as those of the Chicago school emphasized the social disorganization of migrants. However, migration researchers have regarded social networks as the key to understanding migration processes. Social capital generated by migrant networks is now considered as essential for the social mobility of migrants. Indeed, the contrasting views of migrant networks are too simple to clarify the dynamic processes of network formation. Few studies have tested how migrant networks are changing in host societies, which ties are transplanted from the home country, and which of them are utilized. This paper aims to clarify the missing link between pre-migration and post-migration social networks, examining the multiplicity of migrants’ social networks. This study tested three hypotheses of social capital on Brazilian entrepreneurs in Japan. By analyzing the social capital these migrant entrepreneurs mobilized to start businesses, this study found that while most depended on social capital in the initial phase of their businesses, they relied less on social relationships transplanted to Japan than on other sources. In addition, Brazilian entrepreneurs selectively used different sources of social capital. These results show that migrants selectively maintain and reconstruct social networks in the process of migration.

Tendências da mortalidade por câncer nas capitais dos estados do Brasil, 1980-2004 Trends of cancer mortality in Brazilian state capitals, 1980-2004

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Luiz Augusto Marcondes Fonseca

2010-01-01

of state capitals comprises about a quarter of the total Brazilian population and for these cities mortality data available have a better quality than for the entire country, enabling analyses of trends in cancer rates based on more accurate data. METHODS: Mortality and population data were collected from government databases (SIM/DATASUS and IBGE, respectively. Age-adjusted (world standard and age-specific mortality rates were calculated for both genders . Linear regression was used to investigate changes in trends. RESULTS: For all cancers as a whole mortality rates declined throughout the study period for both men and women (-4.6% and -10.5%, respectively. For both genders , the cancer that decreased most was stomach cancer. Among men, lung cancer death rates presented a slight reduction, while prostate cancer rates increased. Among women, "uterus, site unspecified' presented a downward trend, while lung cancer rates increased. The trend for breast cancer remained stable, and cervix uterus rates showed a slight increase at the end of the period. CONCLUSION: As already seen in developed countries, all cancer mortality rates tended to decline in Brazilian state capitals over the period 1980-2004, a tendency largely due to a decline in stomach cancer death rates for both genders.

The Role of Militia, Predatory State Authorities, and Rogue Capital in ...

International Development Research Centre (IDRC) Digital Library (Canada)

The nature of the relationship between militias, rogue capital, and the state in the Horn of ... and challenge the legitimacy and accountability of state authorities. ... and adaptive water management: Innovative solutions from the Global South”.

A Case Study On Human Capital Mismanagement In The United States Air Force

Science.gov (United States)

2016-05-08

AIR COMMAND AND STAFF COLLEGE AIR UNIVERSITY A Case Study on Human Capital Mismanagement in the United States Air Force By John P...Force does not effectively manage its human capital to develop and retain a technically literate acquisitions workforce. A detailed look at the...Several solutions are suggested to improve the human capital management and increase the quality and relevancy of the acquisitions community at

Bolting state-building fault lines with social capital

African Journals Online (AJOL)

This article argues that the entitlement tied to post-secession dividends claims by the Dinka and Nuer has (re)produced a generally volatile social space for South Sudan by defining the mode of political settlement of the state, and undermining the generation of social capital for conf lict management in the society.

Trust, Social Capital and the Scandinavian Welfare State

DEFF Research Database (Denmark)

Svendsen, Gunnar Lind Haase; Svendsen, Gert Tinggaard

personality is characterized both by cooperation in everyday life and the numerous ‘hard-riders’ who make extraordinary contributions. Applying Bourdieuconomics, the authors focus on contemporary case studies to explain how social capital and trust are used to counteract free-riding and enable the flight...... of the Scandinavian welfare state ‘bumblebee’....

The Influence of Environmental Disclosure on Capital Structure of Brazilian Companies listed on the BM&FBovespa

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Sheila Mendes Fernandes

2012-12-01

Full Text Available The objective of this study to verify the relationship between environmental disclosure and the capital structure of companies classified according to Law 10165 which provides for the National Environmental Policy for the period 2006 to 2010. To meet the proposed objectives were used as proxies for capital structure debt to verify the cost of debt and to verify the CAPM cost of equity. To measure the level of environmental disclosure content analysis was carried out in the notes, the management report and the report of the environmental information contained in the report of the Annual Information (IAN. We analyzed 89 companies with 95,020 sentences, and 5279 relating to environmental events, such 4819 relating to environmental information regarding positive and 460 negative environmental information. To investigate the relationship between these variables was used in the analysis panel with random effects adjusted by robust tool. The findings of this study demonstrate that environmental disclosure does not affect the cost of debt, ie, in the Brazilian market, the environmental information whether positive or negative does not drive the market to influence positively / negatively the cost of debt. However, the results showed that the positive environmental disclosure adversely affects the cost of equity demonstrating that "good environmental image of the company" leverage the company's credibility this crucial factor in reducing the risk of the company since the engagement with sustainability and generate savings for the effective and efficient use of resources eliminates and / or reduces the incidence of government regulations.

The configuration of the Brazilian scientific field.

Science.gov (United States)

Barata, Rita B; Aragão, Erika; de Sousa, Luis E P Fernandes; Santana, Taris M; Barreto, Mauricio L

2014-03-01

This article describes the configuration of the scientific field in Brazil, characterizing the scientific communities in every major area of knowledge in terms of installed capacity, ability to train new researchers, and capacity for academic production. Empirical data from several sources of information are used to characterize the different communities. Articulating the theoretical contributions of Pierre Bourdieu, Ludwik Fleck, and Thomas Kuhn, the following types of capital are analyzed for each community: social capital (scientific prestige), symbolic capital (dominant paradigm), political capital (leadership in S & T policy), and economic capital (resources). Scientific prestige is analyzed by taking into account the volume of production, activity index, citations, and other indicators. To characterize symbolic capital, the dominant paradigms that distinguish the natural sciences, the humanities, applied sciences, and technology development are analyzed theoretically. Political capital is measured by presidency in one of the main agencies in the S & T national system, and research resources and fellowships define the economic capital. The article discusses the composition of these different types of capital and their correspondence to structural capacities in various communities with the aim of describing the configuration of the Brazilian scientific field.

School Facilities Funding and Capital-Outlay Distribution in the States

Science.gov (United States)

Duncombe, William; Wang, Wen

2009-01-01

Traditionally, financing the construction of school facilities has been a local responsibility. In the past several decades, states have increased their support for school facilities. Using data collected from various sources, this study first classifies the design of capital aid programs in all 50 states into various categories based on the scope…

Secular trends in the rate of low birth weight in Brazilian State Capitals in the period 1996 to 2010 Tendencia secular de la tasa de bajo peso al nacer en las capitales brasileñas de 1996 a 2010 Tendência secular da taxa de baixo peso ao nascer nas capitais brasileiras de 1996 a 2010

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Helma Jane Ferreira Veloso

2013-01-01

Full Text Available Secular trends in rates of low birth weight in Brazilian state capital cities were evaluated for the period 1996 to 2010 using joinpoint regression models. The rates were calculated using data from the Live Births Information System. Newborns weighing less than 500g were excluded. Only data for capital cities was included since under-registration of births in these cities is lower and new trends can be detected earlier. There was a significant increase in the rate of low birth weight in the Brazilian capitals of the North Region, Northeast Region, South Region and Southeast Region up to 2003/2004, stabilizing thereafter. In the capitals of the Center-west Region the rate increased throughout the whole study period. The rate of low birth weight was higher in the capitals of the more developed regions. The rate of multiple births increased significantly in all Brazilian capitals, while the stillbirth rate decreased and showed a negative correlation with the rate of low birth weight. The increase in the rate of low birth weight may be partially explained by the increase in multiple births, an increase in the birth of infants weighing 500 to 999g and by the reduction in the stillbirth rate.La tendencia secular de la tasa de bajo peso al nacer de 1996 a 2010 en las capitales brasileñas se evaluó utilizando modelos de regresión joinpoint. Las tasas se calcularon a partir del Sistema de Información sobre Nacidos Vivos, excluyéndose recién nacidos con un peso A tendência secular da taxa de baixo peso ao nascer de 1996 a 2010 nas capitais brasileiras foi avaliada utilizando-se modelos de regressão joinpoint. As taxas foram calculadas a partir do Sistema de Informações sobre Nascidos Vivos, excluindo-se recém-nascido com peso < 500g. Foram incluídos apenas dados das capitais, onde o sub-registro é menor e novas tendências podem ser detectadas mais precocemente. A taxa de baixo peso ao nascer aumentou significantemente nas capitais

Determinants of Success in Private Equity-Venture Capital Investments

OpenAIRE

Antonio Gledson de Carvalho; Eduardo Madureira Rodrigues Siqueira; Humberto Gallucci Netto

2011-01-01

This paper investigates the determinants of performance of the investments of private equity and venture capital (PEVC) funds in Brazil. We use two unique databases: the First Brazilian Private Equity and Venture Capital Census and the Guia-GVcepe Endeavor, with information on this industry for the period 1999 to 2007. As measures of performance we use the percentage and number of exits through IPO, acquisition by a company or by another investor. Our results indicate that the factors influen...

The role of interest rates in the Brazilian business cycles

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Nelson F. Souza-Sobrinho

2011-09-01

Full Text Available This paper offers additional insights on the relationship between interest rates and business cycles in Brazil. First, I document that Brazilian interest rates are very volatile, counter-cyclical and positively correlated with net exports, as observed in other emerging market economies. Next, I present a dynamic stochastic general equilibrium model in which firms face working capital constraints and labor supply is independent of consumption. This parsimonious model, appropriately calibrated to the Brazilian economy, predicts that interest rate shocks can explain about one third of output fluctuations and delivers business cycle regularities consistent with the Brazilian data.

Literature on the periphery of capitalism: Brazilian theory, Canadian culture Literature on the periphery of capitalism: Brazilian theory, Canadian culture

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Imre Szeman

2008-04-01

Full Text Available In order to get past the blind spots that have developed in contemporary postcolonial theory, it is essential to seek out complementarities and solidarities in different national situations and in different modernities. This essay undertakes this task by exploring the homologous situations faced in Brazil and Canada in their respective attempts to create genuine national cultures. As in many postcolonial situations, the problem of creating an authentic culture is directly related to the sense that postcolonial culture is necessarily imitative and belated. In Misplaced Ideas, Roberto Schwarz exposes the hidden class character of the problem of cultural authenticity in Brazil, and in so doing, shows that the trauma of national-cultural identity merely reflects the contradictory structural position of Brazil’s postcolonial elite. Using Schwarz’s insights to explore the Canadian situation, the author shows that the same forces are at work in Canada. Though the crisis of a lack of an authentic Canadian culture has recently been surmounted as a result of the apparent international success of Canadian culture (especially literary fiction, that author cautions that this “success” story hides the class basis of Canadian culture in both its belated and isochronic phases (the latter being the moment when cultural belatedness is overcome. Making use of Brazilian theory to examine problems in Canadian culture allows us to see that Canadian modernity, long thought to be simply a derivative of the UK and USA, has similarities with Brazilian modernity that are essential to understanding the space and place Canada occupies in globalization. In order to get past the blind spots that have developed in contemporary postcolonial theory, it is essential to seek out complementarities and solidarities in different national situations and in different modernities. This essay undertakes this task by exploring the homologous situations faced in Brazil

Dynamics in the Fitness-Income plane: Brazilian states vs World countries.

Science.gov (United States)

Operti, Felipe G; Pugliese, Emanuele; Andrade, José S; Pietronero, Luciano; Gabrielli, Andrea

2018-01-01

In this paper we introduce a novel algorithm, called Exogenous Fitness, to calculate the Fitness of subnational entities and we apply it to the states of Brazil. In the last decade, several indices were introduced to measure the competitiveness of countries by looking at the complexity of their export basket. Tacchella et al (2012) developed a non-monetary metric called Fitness. In this paper, after an overview about Brazil as a whole and the comparison with the other BRIC countries, we introduce a new methodology based on the Fitness algorithm, called Exogenous Fitness. Combining the results with the Gross Domestic Product per capita (GDPp), we look at the dynamics of the Brazilian states in the Fitness-Income plane. Two regimes are distinguishable: one with high predictability and the other with low predictability, showing a deep analogy with the heterogeneous dynamics of the World countries. Furthermore, we compare the ranking of the Brazilian states according to the Exogenous Fitness with the ranking obtained through two other techniques, namely Endogenous Fitness and Economic Complexity Index.

Analysis of factors associated with traffic accidents of cyclists attended in Brazilian state capitals.

Science.gov (United States)

Sousa, Carlos Augusto Moreira de; Bahia, Camila Alves; Constantino, Patrícia

2016-12-01

Brazil has the sixth largest bicycles fleet in the world and bicycle is the most used individual transport vehicle in the country. Few studies address the issue of cyclists' accidents and factors that contribute to or prevent this event. VIVA is a cross-sectional survey and is part of the Violence and Accidents Surveillance System, Brazilian Ministry of Health. We used complex sampling and subsequent data review through multivariate logistic regression and calculation of the respective odds ratios. Odds ratios showed greater likelihood of cyclists' accidents in males, people with less schooling and living in urban and periurban areas. People who were not using the bike to go to work were more likely to suffer an accident. The profile found in this study corroborates findings of other studies. They claim that the coexistence of cyclists and other means of transportation in the same urban space increases the likelihood of accidents. The construction of bicycle-exclusive spaces and educational campaigns are required.

Income inequality and self-reported health in a representative sample of 27 017 residents of state capitals of Brazil.

Science.gov (United States)

Massa, K H C; Pabayo, R; Chiavegatto Filho, A D P

2018-02-01

The association between income inequality and health has been analyzed predominantly in developed countries with modest levels of inequality. The study aimed to analyze the association between income inequality and self-reported health (SRH) in the adult population of the 27 Brazilian capitals. Individuals aged 18 years or older from the National Health survey residing in Brazilian capitals in 2013 were analyzed (n = 27 017). Bayesian multilevel models were applied after controlling for individual factors and area-level socioeconomic characteristics. We found a significant association between income inequality and SRH, even after controlling for individual and contextual factors. The results indicate greater odds of poor SRH among those living in areas with medium (OR = 1.31, 95% CI: 1.17-1.47) and high income inequality level (OR = 1.39, 95% CI: 1.24-1.56). Income inequality remained significantly associated with SRH, even after controlling for other contextual socioeconomic characteristics, such as local illiteracy rate, violence and per capita income. The study highlights the importance of the individual and contextual characteristics associated with SRH. Our findings suggest that city-level income inequality can have a detrimental effect on individual health, over and above other contextual socioeconomic characteristics and individual factors. © The Author(s) 2018. Published by Oxford University Press on behalf of Faculty of Public Health. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com

Financial distress in Brazilian banks: an early warning model,

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Paulo Sérgio Rosa

2017-12-01

Full Text Available ABSTRACT This study aims to propose an early warning model for predicting financial distress events in Brazilian banking institutions. Initially, a set of economic-financial indicators is evaluated, suggested by the risk management literature for identifying situations of bank insolvency and exclusively taking public information into account. For this, multivariate logistic regressions are performed, using as independent variables financial indicators involving capital adequacy, asset quality, management quality, earnings, and liquidity. The empirical analysis was based on a sample of 142 financial institutions, including privately and publicly held and state-owned companies, using monthly data from 2006 to 2014, which resulted in panel data with 12,136 observations. In the sample window there were nine cases of Brazilian Central Bank intervention or mergers and acquisitions motivated by financial distress. The results were evaluated based on the estimation of the in-sample parameters, out-of-sample tests, and the early warning model signs for a 12-month forecast horizon. These obtained true positive rates of 81%, 94%, and 89%, respectively. We conclude that typical balance-sheet indicators are relevant for the early warning signs of financial distress in Brazilian banks, which contributes to the literature on financial intermediary credit risk, especially from the perspective of bank supervisory agencies acting towards financial stability.

[Education and competences for the Brazilian Unified Health System (SUS): is it possible to find alternatives to the logic of late capitalism?].

Science.gov (United States)

Siqueira-Batista, Rodrigo; Gomes, Andréia Patrícia; Albuquerque, Verônica Santos; Cavalcanti, Felipe de Oliveira Lopes; Cotta, Rosângela Minardi Mitre

2013-01-01

The transformations that have revolutionized the labor market in contemporary society make it necessary to think of new alternatives for training health care professionals, thereby establishing a new approach to the health problems of individuals and collectives. Based on these considerations, this paper sets out to discuss training in health--based on the concept of competence--with a focus on education for the Brazilian Unified Health System (SUS), using attempts to analyze and propose an alternative to the system entrenched in the logic of late capitalism as a theoretical benchmark. It is thus a reflection on the subject, correlating theory and praxis, in constant and relentless movement of construction, deconstruction and (re)construction of propositions.

Workplace social capital, mental health and health behaviors among Brazilian female workers.

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Pattussi, Marcos Pascoal; Olinto, Maria Teresa Anselmo; Canuto, Raquel; da Silva Garcez, Anderson; Paniz, Vera Maria Vieira; Kawachi, Ichiro

2016-09-01

Previous studies have investigated the relationship between workplace social capital and mental health, yet few have sought to examine the mediating mechanisms. We sought to explore the role of workplace social capital on health related behaviors and on mental health among female employees in Brazil. A cross-sectional study was undertaken with 553 women aged 28-50 years working in the production line of a poultry processing plant. We assessed workplace social capital, common mental disorders, stress (Perceived Stress Scale) and health related behaviors (physical activity, healthy eating habits and co-occurrence of risk behaviors). We used structural equation modeling to clarify relationships between exposures, outcomes, and mediating variables. Our model demonstrated a direct effect of social capital on the outcomes studied. Higher workplace social capital was associated with lower stress and common mental disorders as well as more favorable health-related behaviors. Our model also showed an indirect effect of social capital on mental health and on behaviors that was mediated by lower levels of perceived stress. Workplace social cohesion may play an important role in the promotion of mental health and healthy behaviors among women employees.

Productivity Antecedents of Brazilian Courts of Justice: Evidence from Justiça em Números

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Alamir Costa Louro

2017-12-01

Full Text Available Public sector managers and researchers have emphasized the importance of performance measurement. Nevertheless, few theoretical and empirical studies are found in Brazilian Judiciary Courts’ literature. In order to empirically identify which variables (IT investments, own or outsourced human capital are more relevant for improving productivity, the current research proposes a model using secondary data extracted from the Justiça em Números (Justice in Numbers report, using structural equation modeling for the analysis. The results suggest that: (a all variables are relevant for improving productivity in Brazilian Courts, confirming our first three theoretical hypotheses; and (b own human capital has a greater impact on productivity than outsourced, confirming the fourth. For those who are responsible for reforms, this finding indicates that IT is not the most important investment. However a question remains: Seen as a cure for almost all problems in the public sector, is it possible to improve performance without hard IT investments? For future research there are some additional questions: Why is own human capital more relevant than outsourced? Which variables should be included in the model for improving the general significance? The answers can help improve Brazilian court productivity.

Social capital, migration and the welfare state

DEFF Research Database (Denmark)

Svendsen, Gert Tinggaard; Svendsen, Gunnar Lind Haase

2009-01-01

welfare state and based on data from our ongoing SoCap project, we suggest how more bridging social capital can be established between parallel societies and the rest of society. Our ‘institutions matter' model is tentative and needs to be tested rigorously in future empirical research.......  The full potential of migrants from non-western countries has not yet been realized in the modern welfare state. Rather, parallel societies have risen, as often counteracting integration. It is however crucial to integrate migrants from non-western countries more successfully - also simply...... to rescue the ageing populations in Western Europe. Though the modern welfare state seems in strong need of reform within a globalized world, it nevertheless enjoys strong support among voters in its present form. Thus, an empirical puzzle exists. Given the existing institutional set-up of the modern...

Assessing Brazilian educational inequalities

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Benoit Lorel

2008-03-01

Full Text Available This paper provides an evaluation of schooling inequality in Brazil using different indicators such as the Education Gini coefficient, the Education Standard Deviation and the Average number of Years of Schooling. We draw up a statistical description of Brazilian human capital dispersion in time over the last half century, across regions and states. Our analysis suggests several conclusions: 1 Strong reduction of educational inequalities measured by Education Gini index. 2 A three parts picture of Brazil seems to emerge, reflecting initial conditions. 3 High increase of the Average number of Years of Schooling. 4 A significant link between Education Gini and the average education length. 5 Education Standard Deviation leads to inverted results compared to Education Gini. 6 Brazilian data are consistent with an Education Kuznets curve if we consider Education Standard Deviation.Esse trababalho busca avaliar o grau de desigualdade educacional no Brasil baseado-se em diferentes indicatores tais como: o índice de Gini educacional, os anos médios de escolaridade e no desvio padrão educacional. Tenta-se colocar uma descrição estatistica da distribuição do capital humano no Brasil, incluindo as diferenças estaduais e regionais observadas durante a ultima metade do século. As conclusões da nossa análise são as seguintes: 1 Forte reduç ão das desigualdades educativas calculadas com o Gini educacional. 2 Um retrato tripartido do Brasil parece se formar refletindo as condições iniciais. 3 Um forte aumento dos níveis de escolarização. 4 Uma relação significativa entre o Gini educacional e os anos médios de estudos. 5 O desvio padrão educacional leva aos resultados inversos do Gini educacional. 6 Os dados brasileiros admitem uma curva de Kuznets educacional se considerarmos o desvio padrão educacional.

German-Brazilian nuclear deal

International Nuclear Information System (INIS)

Krugmann, H.

1981-01-01

Examination of the arguments in favor of the nuclear deal with West Germany and the resulting program suggests that revisions of both are in order to make them more compatible with Brazil's national interests. The deficiencies of current policy appear to be too weighty and numerous to be ignored. Sooner or later the government will have to move toward adjusting its nuclear agreement with West Germany, if not for the reasons discussed here then for lack of capital. Current estimates of the nuclear package lie in the range of $25 to $30 billion, compared to an initial projection of about $5 billion. The deal has become so expensive that it would draw capital from the hydropower and alcohol programs essential for the short and medium-term energy needs of the country. Mr. Krugman feels the Brazilian government should hold off on further nuclear contracts. And it should thoroughly reassess what Brazil's nuclear energy and technology requirements are and how to meet them. There are indications that the reassessment process is already underway. As long as the German nuclear industry depends on the sale of technology to Brazil, the Brazilian government will have considerable bargaining power to enforce further changes in the deal. If this power is used wisely, the result could be cooperation between the two countries toward nuclear options that are consistent with Brazil's energy and development needs

Estimating a theoretical model of state banking competition using a dynamic panel: the Brazilian case

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Fábio A. Miessi Sanches

2009-03-01

Full Text Available In this paper we set up a model of regional banking competition based on Bresnahan (1982, Lau (1982 and Nakane (2002. The structural model is estimated using data from eight Brazilian states and a dynamic panel. The results show that on average the level of competition in the Brazilian banking system is high, even tough the null of perfect competition can be rejected at the usual significance levels. This result also prevails at the state level: Rio Grande do Sul, São Paulo, Rio de Janeiro, Pernambuco and Minas Gerais have high degree of competition.

Capitalism, the state and health care in the age of austerity: a Marxist analysis.

Science.gov (United States)

Porter, Sam

2013-01-01

The capacity to provide satisfactory nursing care is being increasingly compromised by current trajectories of healthcare funding and governance. The purpose of this paper is to examine how well Marxist theories of the state and its relationship with capital can explain these trajectories in this period of ever-increasing austerity. Following a brief history of the current crisis, it examines empirically the effects of the crisis, and of the current trajectory of capitalism in general, upon the funding and organization of the UK and US healthcare systems. The deleterious effect of growing income inequalities to the health of the population is also addressed. Marx's writings on the state and its relation to the capitalist class were fragmentary and historically and geographically specific. From them, we can extract three theoretical variants: the instrumentalist theory of the state, where the state has no autonomy from capital; the abdication theory, whereby capital abstains from direct political power and relies on the state to serve its interests; and the class-balance theory, whereby the struggle between two opposed classes allows the state to assert itself. Discussion of modern Marxist interpretations includes Poulantzas's abdication theory and Miliband's instrumentalist theory. It is concluded that, despite the pluralism of electoral democracies, the bourgeoisie do have an overweening influence upon the state. The bourgeoisie's ownership of the means of production provides the foundation for its influence because the state is obliged to rely on it to manage the supply of goods and services and the creation of wealth. That power is further reinforced by the infiltration of the bourgeoisie into the organs of state. The level of influence has accelerated rapidly over recent decades. One of the consequences of this has been that healthcare systems have become rich pickings for the evermore confident bourgeoisie. © 2012 Blackwell Publishing Ltd.

Two micro-models of tourism capitalism and the (re)scaling of state-business relations

NARCIS (Netherlands)

Erkuş-Öztürk, H.; Terhorst, P.

2011-01-01

This paper aims to show that (i) there are two micro-models of tourism capitalism in Antalya (Turkey) and (ii) different trajectories of (re)scaling of state-business relations form an integral part of each model of tourism capitalism. The paper bridges two debates in the literature that generally

Prevalência de hipertensão arterial em Adventistas do Sétimo Dia da capital e do interior paulista Prevalence of arterial hypertension among Seventh-Day Adventists of the São Paulo state capital and inner area

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Leilane Bagno Eleutério da Silva

2012-04-01

.674-16.893; 3 recalling the last time one's blood pressure was measured (OR 2.725; 95% CI: 1.275-5.821; 4 being retired (OR 8.846; 95% CI: 1.406-55.668; and 5 being responsible for family income (OR 0.422; 95% CI: 0.189-0.942. CONCLUSION: The prevalence of hypertension among Adventists was lower as compared with that reported in Brazilian studies, and it was lower in the São Paulo state capital as compared with that in the inner São Paulo state, possibly because of the better socioeconomic conditions and life habits of the former.

VIII Brazilian Meeting on Simulational Physics (BMSP)

International Nuclear Information System (INIS)

Branco, N. S.; Figueiredo, W.; Plascak, J. A.; Santos, M.

2016-01-01

This special issue includes invited and selected articles of the VIII Brazilian Meeting on Simulational Physics (BMSP), held in Florianópolis, Santa Catarina, Brazil, from 3rd to 8th August, 2015. This is the eighth such meeting, and the second one to have contributed papers published in Journal of Physics: Conference Series (the other was the VII BMSP). The previous meetings in the BMSP series took place in the mountains of Minas Gerais, in the region of the Brazilian Pantanal, and in the shores of Paraíba. Now, for the first time, the Meeting was held in Florianópolis, with its pleasing shores, the capital of Santa Catarina state. The VIII BMSP brought together about 50 researchers from all over the world for a vibrant and productive conference. As in the previous meetings, the talks and posters highlighted recent advances in applications, algorithms, and implementation of computer simulation methods for the study of condensed matter, materials, and out of equilibrium, quantum and biologically motivated systems. We are sure that this meeting series will continue to be an important occasion for people working in simulational physics to exchange ideas and discuss the state of the art of this always expanding field. We are very glad to put together this special issue, and are most appreciative of the efforts of the editors of the Journal of Physics: Conference Series for making this publication possible. We are grateful for the outstanding work of the Florianopolis team, for the financial support of the Brazilian agencies CAPES and CNPq, and of the Federal Universities UFPB and UFSC. At last, but not least, we would like to acknowledge all of the authors for their written submissions. (paper)

Capital Account Policy in South Korea: The Informal Residues of the Developmental State

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Ralf J. Leiteritz

2015-04-01

Full Text Available This paper analyzes the political dynamics of capital account policy in South Korea. The first part is devoted to the historical evolution of capital account policy from the 1960s to the present day. It highlights the path of substantial financial opening that began in the early 1990s with two distinct waves of capital account liberalization before and after the Asian financial crisis of 1997-1998. The second part of the paper aims to detect the political origins of why capital account liberalization has not been complete and sustained. It locates them at the level of domestic informal institutions: first, the ideational legacy of the previous developmental state model – economic nationalism – that was predicated upon substantial barriers to international capital movements. Second, the political power of the export-oriented sector, namely of large conglomerates, that prefer exchange-rate stability and thus restrictions on capital inflows. This paper offers a heuristic argument based on a single case study which needs to be subjected to further empirical testing.

In the Factory of Modernity: Capital, State, Empire.

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Sandro Mezzadra

2016-12-01

Full Text Available The essay tackles the intertwining of State and capital as powers that dominate modernity, locating on a global scale right from the start. This intertwining intersects inevitably the history of empire, which, rather than just being the precedent of the State, represents a composite form of layered sovereignties and multifaceted juridical spaces. The concept of the State that emerges from the essay moves away from the broadly meant Weberian conception, which is prevailing in contemporary literature. In contrast with the Weberian definition, indeed, the territoriality of the State is unsettled and altered both by the swaying of its borders and by the emergence of new territorial formations inside and across the borders. The global view on the State complicates its relationship with the nation and the idea of the monopoly of the legislative production and legitimate physical strength. The result is a much more fragmented and movable image of the history of modern State.

States, Social Capital and Cooperation

DEFF Research Database (Denmark)

Anthony, Denise L.; Campbell, John L.

2011-01-01

This paper reflects on Elinor Ostrom’s classic book, Governing the Commons, and much work in sociology, political science and organization studies that has appeared since its publication. We do so in order to expand our understanding of the conditions under which cooperation occurs resulting...... in the production of collective goods. We explore two issues that were underdeveloped in her book that have subsequently received much attention. First, we discuss how states can facilitate cooperative behavior short of coercively imposing it on actors. Second, we discuss how social capital can facilitate...... or undermine cooperative behavior. In both cases we focus on the important mechanisms by which each one contributes to the development of cooperative behavior and collective goods. We conclude by extending our arguments to a brief analysis of one of the world’s newest and largest collective goods...

Prevalence of self-reported arterial hypertension in Brazilian capitals in 2011 and analysis of its trends in the period between 2006 and 2011

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Silvania Suely Caribé de Araújo Andrade

2014-01-01

Full Text Available OBJECTIVE: To describe the prevalence of self-reported arterial hypertension in the adult population in the Brazilian state capitals and Federal District in 2011, and analyze the trend from 2006 to 2011. METHODS: A time series study was conducted with data from the monitoring system by telephone survey (Vigitel in the period between 2006 and 2011. Approximately 54,000 individuals were assessed per year in the locations studied. A polynomial regression model was used for trend analysis according to gender, age, education and region of the country. RESULTS: The prevalence of hypertension was 22.7% in 2011, higher in women (25.4%; 95%CI 24.2 - 26.5 than in men (19.5%; 95%CI 18.4 - 20.7. In the period between 2006 and 2011, the lower frequency of hypertension was observed in 2006 (21.5%, and the higher in 2009 (24.4%, with no statistically significant difference in the period. CONCLUSION: There was no significant sex-specific trend, maintaining the higher frequency among women. The prevalence of hypertension increased progressively with age and was higher among adults with lower education (0 - 8 years of study. The South was the only region that showed a statistically significant increasing trend for the years between 2006 and 2011 (15% per year.

Prevalence of self-reported arterial hypertension in Brazilian capitals in 2011 and analysis of its trends in the period between 2006 and 2011.

Science.gov (United States)

Andrade, Silvania Suely Caribé de Araújo; Malta, Deborah Carvalho; Iser, Betine Moehlecke; Sampaio, Patricia Chueri; de Moura, Lenildo

2014-01-01

To describe the prevalence of self-reported arterial hypertension in the adult population in the Brazilian state capitals and Federal District in 2011, and analyze the trend from 2006 to 2011. A time series study was conducted with data from the monitoring system by telephone survey (Vigitel) in the period between 2006 and 2011. Approximately 54,000 individuals were assessed per year in the locations studied. A polynomial regression model was used for trend analysis according to gender, age, education and region of the country. The prevalence of hypertension was 22.7% in 2011, higher in women (25.4%; 95%CI 24.2 - 26.5) than in men (19.5%; 95%CI 18.4 - 20.7). In the period between 2006 and 2011, the lower frequency of hypertension was observed in 2006 (21.5%), and the higher in 2009 (24.4%), with no statistically significant difference in the period. There was no significant sex-specific trend, maintaining the higher frequency among women. The prevalence of hypertension increased progressively with age and was higher among adults with lower education (0 - 8 years of study). The South was the only region that showed a statistically significant increasing trend for the years between 2006 and 2011 (15% per year).

Making “Uirapuru”: a musical quest in the Brazilian Rain Forest

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Sam Zebba

2010-04-01

Full Text Available Sixty years ago the author, an Israeli film student at the University of California, Los Angeles, set out to make a film based on a Brazilian Indian legend which had been set to music by Heitor Villa-Lobos (1887-1959. Filming was carried out among Urubú-Ka’apor Indians in the state of Maranhão. In Belém, capital of Pará, he was joined by German anthropologist Peter Paul Hilbert (1914-1989 of the Goeldi Museum on an adventurous and creative expedition, culminating in a prize-winning art-documentary film and a life-long friendship between the two.

Trends in the prevalence of self-reported diabetes in Brazilian capital cities and the Federal District, 2006-2014.

Science.gov (United States)

Iser, Betine Pinto Moehlecke; Vigo, Álvaro; Duncan, Bruce Bartholow; Schmidt, Maria Inês

2016-01-01

Diabetes is increasing globally, particularly in low and middle income countries, posing a great challenge to health systems. Brazil is currently ranked 4th in the world in terms of the absolute number of persons with diabetes. Our aim was to analyze the trend in self-reported diabetes prevalence between 2006 and 2014 in Brazilian adults. We used data from the national telephone survey-VIGITEL. Over 40,000 individuals from probabilistic sample of subjects ≥18 years old residing in 26 state capitals and the Federal District were interviewed per year in each location. Estimates were weighted to represent the surveyed population. We analyzed trends with a linear regression model. We adjusted prevalence with a probability predictive margins model, using as reference categories: men, 18-24 years, ≥12 years of schooling and lean/normal weight. From 2006 to 2014, the overall prevalence increased from 5.5 to 8.0 %, a net rise of 0.26 %/year (P = 0.001). After adjustment for sex, age, schooling and BMI categories, the trend decreased only slightly to 0.25 %/year. Relatively greater adjusted increases were present in men (0.28 %/year), in those ≥65 years (0.52 %/year), with ≤8 years of schooling (0.33 %/year) and in those overweight (0.24 %/year). The most consistent upward trends were observed among men (coefficient of determination, R 2 = 0.93), those with educational attainment of 0-8 years (R 2 = 0.81), those > 65 years (R 2 = 0.79) and those who were overweight (R 2  = 0.75). There was no significant trend in diabetes prevalence for the obese. As expected, the prevalence of self-reported diabetes was always higher among those with greater age, less schooling, in women, and in those with obesity. Being obese was associated with having more than twice the prevalence of diabetes of those normal/underweight. Prevalence of self-reported diabetes in Brazilian adults has risen between 2006 and 2014, especially among those 65 years or older, even after

[Brazilian colonization in the Paraguayan agricultural frontier].

Science.gov (United States)

Neupert, R F

1991-04-01

This work briefly describes Brazilian colonization of the Paraguayan agricultural frontier, analyzes factors responsible for expelling population from Brazil and for attracting Brazilians to Paraguay, and assesses the economic and social consequences of immigration to the area. Paraguay's vast and sparsely populated agricultural frontier in areas outside the Central subregion underwent a process of intense colonization from the early 1960s to the mid-1980s. The Paraguayan government initiated an ambitious colonization program in 1963 to increase production, relieve population pressure and subdivision of small parcels in the Central subregion, encourage agricultural modernization, and produce a more diversified agriculture. Paraguayan agriculture in the early 1960s suffered from excessive concentration of land in a few hands and resulting exclusion of around 3/4 of workers from ownership and from any possibility of obtaining credit to fund technological improvements. Results of studies 2 decades after implementation of the colonization plan suggest that it has failed in significant areas. Although a considerable population redistribution alleviated pressure in the Central subregion, it apparently resulted more from spontaneous movement of peasants outside the colonization areas than from the official program. Concentration of lands is now occurring in the colonization area. Assistance for agricultural modernization and diversification of production in the peasant sector has been minimal. On the other hand, production of soy, wheat, and cotton for export increased substantially, because of an entrepreneurial agriculture capitalized by foreign as well as national interests The unmet goals of the colonization program would have required structural reforms rather than simple spatial redistribution of the population. Many of the colonists in the 1970s were Brazilian families displaced by mechanized agriculture in the southern states of Parana, Santa Catarina, and Rio

Avaliação do capital intelectual desenvolvido em organizações não governamentais: comparação entre entidades brasileiras e portuguesas = Intellectual capital’s assessment developed in non-governmental organizations: comparing portuguese and Brazilian organizations

Directory of Open Access Journals (Sweden)

Marina Souza Lúcio Oliveira

2011-09-01

results to those found by Colauto and Avelino (2008 in nonprofits Brazilian organizations. The research is characterized as an exploratory study. The data are primary and were raised by a questionnaire application to nonprofits Portuguese organizations in 2009. The questions were grouped into three categories with eight questions for each group, whose intention was to map the elements related to Human Capital, Structural Capital and Relationships Capital. For the investigated elements quantification, a Likert scale was employed to detect the respondents’ agreement/disagreement degree in relation to the proposed statements. The results corroborate those from Colauto and Avelino (2008 and indicate the Portuguese organizations tendency to agree with the proposals for identifying the elements related to Human Capital, Structural Capital, and Relationships Capital. In the Portuguese organizations, the Human Capital was the category that showed the most significant results (mean of the concordance degree = 83%, while in the Brazilian organizations the greater emphasis was given to the Relationships Capital (mean of the concordance degree = 83%.

Foreicn Trade of Capital Goods in the United States: A Persistent Deterioration

OpenAIRE

Goicoechea, Julio

2017-01-01

Foreign trade of capital goods in the United States from 1994 to 2016 is specifically examined. A lagging performance of exports vis-à-vis imports in terms of magnitude, growth rate as well as price reductions has led to the current deficit. Domestic industrial output is a determining factor in the extent of foreign trade of capital goods. It exposes very large coefficients in the long term for exports (2.89), as well as for imports (4.34). Concerning the effective exchange rate, coefficients...

Venture capital performance: the disparity between Europe and the United States

NARCIS (Netherlands)

Schwienbacher, A.; Hege, U.; Palomino, F.

2009-01-01

Abstract: This paper compares the success of venture capital investments in the United States and in Europe by analyzing individual venture-backed companies and the value generated within the stage financing process. We document that US venture capitalists generate significantly more value with

THE PECULIARITIES OF STATE MANAGEMENT OF BANKS CAPITALIZATION IN UKRAINE

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Yuriy Radelytskyy

2016-11-01

Full Text Available Research subject. The subject in this article is theoretical, methodical and applied aspects of state management of banks’ capitalization in Ukraine, a consideration which allows the estimate efficiency of Ukrainian banks refinancing and recapitalization, as well as to enunciate practical recommendations concerning an increase of their capitalization level. The purpose is an analysis of government support measures for the domestic bank system; furthermore the search for additional sources of financing bank funds and the development of capitalization level increase in conditions of social and economic transformations. Methodology. In the research there are used general scientific methods of learning economic facts and the use of processes in their steady development and correlation: logic analysis, methods of scientific abstraction, induction, deduction, optimization, grouping and comparison, as well as graphic and tabular methods. Results. The questions of government control in the bank system in the period of the world financial crisis is researched on international level by the Financial Stability Council, Basel Committee on Banking Supervision, specialists of the World Bank and International Monetary Fund. As a result of relative novelty of these problems only a small number of researches is devoted to the use of government bank support instruments and therefore further development of this topic has practical value for improving the renewal mechanisms of financial stability and reliability of the bank system in Ukraine. After the analysis of the government control measures of the domestic bank capitalization, since 2009, and the effectiveness of budget resources segregation on refinancing and recapitalization of bank institutions in Ukraine (including crisis period, it was found out that these mechanisms, unfortunately, did not change much the situation on the bank market. Taking into account the unstable political situation in Ukraine and

How many Enrons? Mark-ups in the stated capital cost of independent power producers' (IPPs') power projects in developing countries

International Nuclear Information System (INIS)

Phadke, Amol

2009-01-01

I analyze the determinants of the stated capital cost of IPPs' power projects which significantly influences their price of power. I show that IPPs face a strong incentive to overstate their capital cost and argue that effective competition or regulatory scrutiny will limit the extent of the same. I analyze the stated capital costs of combined cycle gas turbine (CCGT) IPP projects in eight developing countries which became operational during 1990-2006 and find that the stated capital cost of projects selected without competitive bidding is 44-56% higher than those selected with competitive bidding, even after controlling for the effect of cost differences among projects. The extent to which the stated capital costs of projects selected without competitive bidding are higher compared those selected with competitive bidding, is a lower bound on the extent to which they are overstated. My results indicate the drawbacks associated with a policy of promoting private sector participation without an adequate focus on improving competition or regulation. (author)

[Accidents by external causes in adolescents: care in sentinel urgency and emergency services in the Brazilian State Capitals--2009].

Science.gov (United States)

Malta, Deborah Carvalho; Mascarenhas, Márcio Dênis Medeiros; Bernal, Regina Tomie Ivata; Andrade, Silvania Suely Caribé de Araújo; das Neves, Alice Cristina Medeiros; de Melo, Elza Machado; da Silva Junior, Jarbas Barbosa

2012-09-01

Adolescents are seeking new references and experiences, which may involve attitudes of risk and exposure to accidents and violence from external causes. These events constitute a serious Public Health problem. The scope of this study was to analyze the occurrence of accidents by external causes in adolescents from 10 to 19 years of age attended at sentinel urgency and emergency services in Brazil. Data from the 2009 Surveillance System for Violence and Accidents (VIVA 2009) was analyzed in 74 emergency units in 23 state capitals and the Federal District. The findings revealed that 6,434 adolescents (89.8%) were victims of accidents and 730 (10.2 %) were victims of violence. The main causes of the accidents were falls and traffic accidents, and assaults were predominant in violence. For both accidents and violence, non-white male adolescents were predominant and the events occurred most frequently on the public highways. A marked increase was detected, with hospitalization of victims of violence between 15 and 19 years of age. Understanding the epidemiological reality of external causes among adolescents represents an important tool for health prevention and promotion policies and the culture of peace seeking to reduce morbidity and mortality.

Malaria in the State of Amazonas: a typical Brazilian tropical disease influenced by waves of economic development

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Vanderson Souza Sampaio

2015-06-01

Full Text Available In Brazil, more than 99% of malaria cases are reported in the Amazon, and the State of Amazonas accounts for 40% of this total. However, the accumulated experience and challenges in controlling malaria in this region in recent decades have not been reported. Throughout the first economic cycle during the rubber boom (1879 to 1912, malaria was recorded in the entire state, with the highest incidence in the villages near the Madeira River in the Southern part of the State of Amazonas. In the 1970s, during the second economic development cycle, the economy turned to the industrial sector and demanded a large labor force, resulting in a large migratory influx to the capital Manaus. Over time, a gradual increase in malaria transmission was observed in peri-urban areas. In the 1990s, the stimulation of agroforestry, particularly fish farming, led to the formation of permanent Anopheline breeding sites and increased malaria in settlements. The estimation of environmental impacts and the planning of measures to mitigate them, as seen in the construction of the Coari-Manaus gas pipeline, proved effective. Considering the changes occurred since the Amsterdam Conference in 1992, disease control has been based on early diagnosis and treatment, but the development of parasites that are resistant to major antimalarial drugs in Brazilian Amazon has posed a new challenge. Despite the decreased lethality and the gradual decrease in the number of malaria cases, disease elimination, which should be associated with government programs for economic development in the region, continues to be a challenge.

Los flujos de capital y el Estado en Colombia The capital inflows and the State in Colombia

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Kalmanovitz Salomón

1994-12-01

Full Text Available El artículo hace un breve análisis de los flujos de capital hacia América Latina durante el último lustro, atraídos por economías menos intervenidas por el Estado, más abiertas al comercio internacional, más estables y equilibradas en sus variables macroeconómicas fundamentales. Seguidamente se examina la economía colombiana en los aspectos de crecimiento, inflación, agregados externos, monetarios y fiscales para concluir la apreciación del peso causada por la repatriación de capitales y las expectativas sobre una nueva bonanza petrolera hacen más difícil el desarrollo de la producción de bienes transables en el país.This paper analyses briefly capital inflows in Latin America duringthe last five years which were attracted by less state intervention,more openness to international trade and more stable economies in their macro variables.Next, the paper examines the Colombian economy in themes such asgrowth, inflation, external and fiscal balances, to conclude that the appreciation of the peso, caused by the capital inflow and the expectations of a new oil boom, makes it more difficult to developthe development of tradable within the country.

Comparison of postmenopausal endogenous sex hormones among Japanese, Japanese Brazilians, and non-Japanese Brazilians

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Maciel Maria

2011-02-01

Full Text Available Abstract Background Differences in sex hormone levels among populations might contribute to the variation in breast cancer incidence across countries. Previous studies have shown higher breast cancer incidence and mortality among Japanese Brazilians than among Japanese. To clarify the difference in hormone levels among populations, we compared postmenopausal endogenous sex hormone levels among Japanese living in Japan, Japanese Brazilians living in the state of São Paulo, and non-Japanese Brazilians living in the state of São Paulo. Methods A cross-sectional study was conducted using a control group of case-control studies in Nagano, Japan, and São Paulo, Brazil. Participants were postmenopausal women older than 55 years of age who provided blood samples. We measured estradiol, estrone, androstenedione, dehydroepiandrosterone sulfate (DHEAS, testosterone and free testosterone by radioimmunoassay; bioavailable estradiol by the ammonium sulfate precipitation method; and sex hormone-binding globulin (SHBG by immunoradiometric assay. A total of 363 women were included for the present analyses, comprising 185 Japanese, 44 Japanese Brazilians and 134 non-Japanese Brazilians. Results Japanese Brazilians had significantly higher levels of estradiol, bioavailable estradiol, estrone, testosterone and free testosterone levels, and lower SHBG levels, than Japanese. Japanese Brazilians also had significantly higher levels of bioavailable estradiol, estrone and DHEAS and lower levels of SHBG and androstenedione than non-Japanese Brazilians. Levels of estradiol, testosterone and free testosterone, however, did not differ between Japanese Brazilians and non-Japanese Brazilians. These differences were observed even after adjustment for known breast cancer risk factors. We also found an increase in estrogen and androgen levels with increasing body mass index, but no association for most of the other known risk factors. Conclusions We found higher levels of

Measuring complexity in Brazilian economic crises.

Science.gov (United States)

Mortoza, Letícia P D; Piqueira, José R C

2017-01-01

Capital flows are responsible for a strong influence on the foreign exchange rates and stock prices macroeconomic parameters. In volatile economies, capital flows can change due to several types of social, political and economic events, provoking oscillations on these parameters, which are recognized as economic crises. This work aims to investigate how these two macroeconomic variables are related with crisis events by using the traditional complex measures due to Lopez-Mancini-Calbet (LMC) and to Shiner-Davison-Landsberg (SDL), that can be applied to any temporal series. Here, Ibovespa (Bovespa Stock Exchange main Index) and the "dollar-real" parity are the background for calculating the LMC and SDL complexity measures. By analyzing the temporal evolution of these measures, it is shown that they might be related to important events that occurred in the Brazilian economy.

Epidemiological characteristics of Brazilian spotted fever in Minas Gerais State, Brazil, 2000-2008

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Frederico Figueiredo Amâncio

2011-10-01

Full Text Available Brazilian spotted fever is the most common rickettsiosis in Brazil, most prevalent in the States of São Paulo and Minas Gerais. The aim of this study was to describe the epidemiological characteristics of Brazilian spotted fever in Minas Gerais from 2000 to 2008. Of the 132 cases of Brazilian spotted fever, 53 patients died, representing a case-fatality rate of 40.2%. Males predominated, with 78.8% of confirmed cases, and median age was 26.5 years. Absence of rash was associated with increased risk of death (p = 0.005. Greater Metropolitan Belo Horizonte, Rio Doce Valley, and Zona da Mata accounted for 70.6% of the cases, which occurred mainly from May to November. There was an increase in the number of cases, which could suggest an expansion of the disease, but probably resulted from an increase in the health system's diagnostic capacity and sensitivity. Despite this improvement, the case-fatality rate remains high and with no apparent tendency to decrease, thus indicating the need for improved prevention and patient care.

Systematic risk variations (beta convertible debenture brazilian companies

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Renata Drumond Pinto Coelho Antonino

2010-01-01

Full Text Available purpose of this article is to analyze the impact of issuing convertible debentures on the systematic risk of Brazilian companies. Some applied researches in the U.S. capital market (STEIN, 1992; LEWIS et al, 2002; RAI, 2005 indicate that convertible debentures may be used as an alternative financing source when adverse selection problem makes stock issuing unattractive financing source. The analysis of Brazilian companies that issued convertible debentures recorded in the period from 1998 to 2006 and that presented liquidity on the market indicated that variation in beta, on average, is positive. These results are coherent with the signaling hypothesis and with the absence of convertible debenture issuing in 2005 and 2006 on the Brazilian market. They also may be related to the precarious financial situation of issuing companies, observed by the analysis of some financial indicators in year of issue and in two pre- e post-issuing years.

Amateur filmmaking in the history of Brazilian cinema

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Lila Silva Foster

2016-07-01

Full Text Available As in many national cinemas, the history of Brazilian amateur film is still in its early stages of investigation. In addition to this historiographical deficit, there are many ways in which amateur cinema is a small and less visible production: films shot in 16mm, 9.5mm and Super 8 are dispensable and Brazilian film archives and cinemateques only started cataloguing these materials in recent years. In the following paper we wish to establish a set of theoretic and historical guidelines to analyse amateur films that express different forms of amateur production. Through the collection of home movies from Alves de Lima family deposited at Cinemateca Brasileira (São Paulo, the amateur fictional films from Cinemateca Capitólio (Porto Alegre and Raymond Chauvin's  experimental films belonging to Hipólito José da Costa Communications Museum (Porto Alegre we want to give visibility to films that are not yet part of Brazilian cinema history.

JUVENTUDES: trajetórias, experiência e reconhecimento em tempos de crise da sociedade do Capital

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Camila Holanda Marinho

2016-01-01

Full Text Available This article will present reflections on the condition of youth in the capital society in times of crisis. Therefore, I will use concepts such as experience, track record and recognition to place as certain youth groups are located in scenarios marked by social inequality, as well as by stigmatizing and criminalizing perception outlined by common sense. It considers from a quantitative database that the trajectory of many young Brazilians is marked by the fragility of access to public policies implemented by a state incapable of promoting equity, distributive and the equivalence of care services and promotion rights.

Rural education in brazilian education: contradictions and perspective

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Adriana D'Agostini

2012-09-01

Full Text Available This work focuses on the rural education. It aimed to analyze and discuss the rural education in the Brazilian educational context, indicating its character and its importance from the 1990s in the perspective of building an education aimed at human emancipation and that contradictory it is also supported and guided by neoliberal educational policies. From the studies of production on rural education was found challenges, problems, difficulties and contradictions that permeate the attempt to create a perspective of rural education. The concept of rural education was initially developed within the Movement of Landless Workers (MST and other social movements from the political pressure and demands for the state to take over public education / field took dimension of public policy. This complex situation currently directs rural schools, a critical perspective that seeks an education beyond the capital.

Equity Market Timing: Testing Using Brazilian IPOs

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José Luiz Rossi Jr

2010-04-01

Full Text Available This paper analyzes whether the behavior related to the equity market timing affected the recent IPO wave of Brazilian firms and exerted an impact on companies'capital structure. Using data from january 2004 to december 2007 the paper classifies the months in the sample in hot or cold according the number of IPOs that took place in each month. The paper confirms an oportunistic behavior by the firms that issue a higher volume of stocks in periods classified as hot. The paper also shows that the impact of this behavior on companies` capital structure is very limited. Although there is a reduction in companies` leverage right after the IPO, this returns to its previous level only a few quarters after the IPO.

Understanding Capitalism

DEFF Research Database (Denmark)

du Gay, Paul; Morgan, Glenn

2013-01-01

This chapter places The New Spirit of Capitalism in the context of the development of capitalism over the last twenty years, up to and including the 200-7-8 financial crisis and the ongoing economic crisis which has developed out of this and is now focused on the relationship between state expend...

First report of Rhodnius stali (Hemiptera, Reduviidae, Triatominae in the State of Acre and in the Brazilian Amazon

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Dionatas Ulises de Oliveira Meneguetti

2016-06-01

Full Text Available Abstract: INTRODUCTION: This paper reports, for the first time, the presence of Rhodnius stali in the state of Acre and in the Brazilian Amazon. METHODS: Specimens of R. stali were collected by the Federal University of Acre in Rio Branco. RESULTS: The number of Triatominae species in the State of Acre increased from five to six. This was also the first report of R. stali in the Brazilian Amazon. CONCLUSIONS: The occurrence of R. stali is worrisome, since this species has been found naturally infected by Trypanosoma cruzi and there has been evidence of its domiciliation capabilities.

New Configuration of the Brazilian State: Liberty and Development in the Evolution of Government in Brazil

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Maya Reyes-Ricon

2010-10-01

Full Text Available The recent events in the global economy have revitalized the debate about the size and functions of the State. The neoliberal discourse was put in check, reopening the discussions concerning Market Liberty and the importance of the State. Since the proclamation of the Republic, the Brazilian government has undergone numerous reforms, sometimes assuming a liberal, external market dependent orientation, while at other times assuming an authoritarian, developmental state-driven orientation. The aim of this article is to develop insights into the evolution of the governmental organization and reflect on the assumptions that lie behind the various reforms that have taken place since the beginning of the Republic. The theoretical framework is divided into three parts: Development and Liberty based on the perspectives of Friedrich Hayek and Amartya Sen; the role of the State and its impact on the economy and; the formats assumed by the Brazilian State throughout the history of the Republic. The latter part of the work returns to the theoretical framework, summarizing all that has been discussed in order to fulfil the aims of the study.

From political capitalism to clientelist capitalism? The case of Croatia

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Denis Redžepagić

2011-12-01

Full Text Available The paper analyses the typology of capitalism in Croatia. The Croatian form of capitalism is specific, in form and origin, with links between the pre-independence and post-independence periods, implying that capitalism has gradually evolved – from the political during the eighties towards current clientelistic capitalism. The manufacturing focus aims to facilitate the analysis of institutional, political and economic changes over the past forty years, emphasising the implications of institutional changes which have to a great extent, apart from the war of course, influenced the evolution of capitalism. The paper finds that the transition generated a number of costs, mainly generated by the state (fall in employment, manufacturing and social capital. The claim that the manufacturing industry has inherited low competitiveness neglects the necessary discussion on the role of the state in the formation of industrial policy and market actions. It is also an ex post argument for the claim that restructuring should have been implemented prior to privatisation as this would reduce negative impacts. Institutional changes led to a drastic reduction of the role of the manufacturing sector in the economy. The main finding in this paper is that the change in the interaction between the financial and the real sectors of the economy, the educational system and industrial relations system exposed the vulnerability of the current institutional environment. Despite similarities, institutional advantages of political capitalism are lost in the new type of Croatian capitalism, due to the complexity of the double transition process and the institutional or socio-economic particularities.

Capital rewarding of the electric power enterprises: a comparative analysis; Remuneracao de capital das distribuidoras de energia eletrica: uma analise comparativa

Energy Technology Data Exchange (ETDEWEB)

Rocha, Katia; Braganca, Gabriel Fiuza de [Instituto de Pesquisa Economica Aplicada (IPEA), Brasilia, DF (Brazil)]. E-mails: katia@ipea.gov.br; gabriel@ipea.gov.br; Camacho, Fernando [Banco Nacional de Desenvolvimento Economico e Social (BNDES), Rio de Janeiro, RJ (Brazil)]. E-mail: camacho@bndes.gov.br

2006-07-01

We analyze the electricity distribution segment in Brazil from 1998 to June 2005, trying to assess whether the return on capital invested was in line with the risk and opportunity cost required in the segment. We conclude that the return on capital in this segment in Brazil was systematically negative until 2003. Only in 2005 did the distribution segment really begin to recover, presenting profitability partly consistent with the estimated cost of capital. Comparisons with Argentine, Chilean and American companies reveal that firms in the latter two countries, particularly in Chile, generally managed to reward shareholders according to the opportunity cost of capital. We find evidence of differential effects of regulatory characteristics between the price-cap and cost-plus regimes in the segment's financial profitability, since the return on capital invested was more uniform and predictable in American companies, which are subject to regulation by an internal rate of return or cost-plus mechanism, than in Brazilian firms, subject to price-cap regulation. Among the groups with greater return to profitability after the rationing episode in Brazil in 2002 are EDP Brazil, CPFL Energia, Neoenergia and starting in 2004, Elektro and companies still in government hands. The EDF Group performed the worst in the study period, with negative returns from 1999 onward. (author)

Planning the nuclear contribution to the Brazilian power program

International Nuclear Information System (INIS)

Barbalho, A. Rodrigues; Alves, R. Nazare; Pinto, C. Syllus M.; Souza Santos, T.D. de; Abrao, A.

1977-01-01

The thermo-electric power in Brazil accounts for less than 20% of the total generating capacity. Brazil's power is essentially generated hydraulically, which grants the growing development. The electric energy consumption keeps growing, with the annual average rate of 13%/year in the last five years. The present installed capacity is 20 000 MWe and the projections are: 35 000MWe, in 1980; 50 000 MWe in 1985; 75 000 MWe, in 1990 and 150 000 MWe, in 2 000. Most of the hydraulic resources are located in remote areas of the country, very far from the consumption centers. Under the agreement between the Federal Republic of Germany and Brazil (signed in June 1975), besides the nuclear power station, American made, under construction in Agra dos Reis, with a power capacity of 626 MWe, two more units, each one with 1 300 MWe capacity are to be erected at the same site, and planned to be in operation in 1982 and 1983. Several joint German-Brazilian companies will be established for reactor and fuel manufacture, in the country. The Brazilian state holding nuclear company, Empresas Nucleares Brasileiras S/A., NUCLEBRAS, will participate in the formation of all joint companies with at least 51% of capital investments. The Brazilian Government will spend 10 billion dollars (U.S.), during the agreement's duration, to make its industry stronger, to develop its technology and to reduce its dependence on energy imports. Brazil's target: full independence in nuclear technology (including reactor manufacture and complete fuel cycle) in about 15 years [es

Measuring complexity in Brazilian economic crises.

Directory of Open Access Journals (Sweden)

Letícia P D Mortoza

Full Text Available Capital flows are responsible for a strong influence on the foreign exchange rates and stock prices macroeconomic parameters. In volatile economies, capital flows can change due to several types of social, political and economic events, provoking oscillations on these parameters, which are recognized as economic crises. This work aims to investigate how these two macroeconomic variables are related with crisis events by using the traditional complex measures due to Lopez-Mancini-Calbet (LMC and to Shiner-Davison-Landsberg (SDL, that can be applied to any temporal series. Here, Ibovespa (Bovespa Stock Exchange main Index and the "dollar-real" parity are the background for calculating the LMC and SDL complexity measures. By analyzing the temporal evolution of these measures, it is shown that they might be related to important events that occurred in the Brazilian economy.

Windows of opportunities and technological innovation in the Brazilian pharmaceutical industry.

Science.gov (United States)

Tigre, Paulo Bastos; Nascimento, Caio Victor Machado França do; Costa, Laís Silveira

2016-11-03

The Brazilian pharmaceutical industry is heavily dependent on external sources of inputs, capital, and technology. However, the emergence of technological opportunities and the development of biotechnology and the decline of the patent boom and resulting advances by generic drugs have opened windows of opportunities for the local industry. The article examines the Brazilian industry's innovative behavior vis-à-vis these opportunities, showing that although the industry as a whole invests little in innovation, a few large Brazilian companies have expanded their market share and stepped up their investments in research and development, supported by public policies for innovation. Resumo: A indústria farmacêutica brasileira caracteriza-se pela grande dependência de fontes externas de insumos, capital e tecnologia. O surgimento de oportunidades tecnológicas, associadas ao desenvolvimento da biotecnologia e ao fim do boom das patentes com o consequente avanço dos medicamentos genéricos, entretanto, vem abrindo janelas de oportunidades para a indústria local. Este artigo examina o comportamento inovador da indústria brasileira à luz dessas oportunidades, revelando que, embora o conjunto da indústria mantenha baixos níveis de investimentos em inovação, um pequeno grupo de grandes empresas nacionais vem ampliando sua participação no mercado e intensificando seus investimentos em pesquisa e desenvolvimento, apoiados por políticas públicas de inovação.

75 FR 71353 - Office of the Attorney General; Certification Process for State Capital Counsel Systems; Removal...

Science.gov (United States)

2010-11-23

... the Attorney General; Certification Process for State Capital Counsel Systems; Removal of Final Rule... only if the Attorney General has certified ``that [the] State has established a mechanism for providing... State to qualify for the special habeas procedures, the Attorney General must determine that ``the State...

The value of an intercâmbio: brazilian student mobility, bilateralism & international education

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Eric Spears

2014-05-01

Full Text Available Brazil’s emergence in the global economy as a member of the BRIC (Brazil, Russia, India, China, and South Africa states has prompted the federal government to establish the Brazilian Scientific Mobility Program (Science Without Borders in order to advance the country’s social capital and infrastructure in STEM (Science, Technology, Engineering, and Math related disciplines and industries. Public and private investment in the Scientific Mobility Program has transformed the way in which Brazilian government, universities, and citizenry places value the intercâmbio (student exchange experience in the United States. STEM-related disciplines are now disproportionately funded versus social sciences, humanities, and fine arts fields. This development has altered the way in which student mobility in the United States is given worth and changed the trajectory of international education in Brazil. This research provides a conceptual analysis of the Brazilian Scientific Mobility Program by using a critical political economy perspective. The essay conceptualizes the Science Without Borders initiative at global, national, and local levels. This research also explores what implications the bilateral U.S.-Brazil Educational Partnership may have on future policy, practice, and ultimately, funding of Brazilian student mobility. A emergência do Brasil no âmbito da economia mundializada como participante do BRIC (Brasil, Rússia, Índia, China e África do Sul mobilizou o governo federal brasileiro a estabelecer um programa estatal de mobilidade acadêmica (Programa Ciência sem Fronteiras de modo a fazer avançar o capital social do país (general intellect e a infraestrutura em STEM (Ciência, Tecnologia, Engenharia e Matemática relacionadas à indústria. Investimentos públicos e privados no programa de mobilidade acadêmica transformaram o modo como o governo brasileiro e as universidades valorizam o intercâmbio estudantil com os Estados Unidos. As �

CAPITAL FLOWS AND THEIR SECTORAL DESTINATIONS

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Petris Sorina

2012-07-01

Full Text Available Since 2003, New European Union Member States have made large capital inflows, which led to a credit crunch and recession. Whether they are foreign direct investment, or banking flows, capital inflows ultimately affect GDP, depending on how they are invested. In the specialty literature, analysis of capital flows was done especially in terms of their structure, with a lack of analysis in terms of final destination of capital inflows. Therefore, we analyzed the effect of capital inflows on GDP in the New Member States of the European Union (Bulgaria, Czech Republic, Estonia, Hungary, Latvia, Lithuania, Poland, Romania and Slovakia over the last economic cycle. Based on experiences of the new Member States during the recent boom and crisis, the paper studies the impact of capital inflows on GDP growth, inflows channeled to economic sectors, such as real estate and corporate investment sector. The results of this research tries to highlight the extent to which the final destination of capital flows is important for the evolution of GDP.

Religion as a protective factor against drug use among brazilian university students: a national survey

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Fernanda Carolina Gomes

2013-03-01

Full Text Available OBJECTIVE: To investigate the relationship between religiosity and drug use among Brazilian university students. METHODS: This manuscript is part of the "First Nationwide Survey on the Use of Alcohol, Tobacco and Other Drugs among College Students in the 27 Brazilian State Capitals". In this study, 12,595 university students were divided into two groups according to their attendance at religious services: frequent attenders (FR; 39.1% and non-frequent attenders (NFR; 60.8%. Subsequently, we analyzed their responses to a structured, anonymous questionnaire on drug use and other behaviors. Individual multivariate logistic regression models tested the association between religiosity and drug use (alcohol, tobacco, marijuana and at least one illicit drug. RESULTS: Drug use over the last 30 days was higher among NFR students even after controlling for demographic variables. NFR students were more likely to use alcohol OR = 2.52; 95% CI: 2.08-3.06, tobacco (2.83; 2.09-3.83, marijuana (2.09; 1.39-3.11 and at least one illicit drug (1.42; 1.12-1.79 compared to FR students. CONCLUSION: Religiosity was found to be a strongly protective factor against drug use among Brazilian university students. However, more studies are needed to identify the mechanisms by which religiosity exerts this protective influence.

CHARACTERISTICS OF CAPITALISM AND OF STATE IN PORTUGAL: PASSAGE OF ECONOMIC AND FINANCIAL GROUPS DOMINATED BY THE PORTUGUESE CAPITAL FOR GROUPS DOMINATED BY MULTINATIONAL CAPITAL, AND OF A PROTECTOR STATE FOR A SUBSERVIENT STATE

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Eugénio Rosa

2014-06-01

Full Text Available The paper analyzes the capitalism characteristics in the Portuguese social formation, considering economic groups in Portugal before and after of April 25. Detailing the characteristics of these economic groups, the author concludes that the principal shareholders of most economic and financial groups operating in Portugal, are transnational groups, some companies belonging to foreign States and other large economic and financial groups operating on a global scale. Accordingly, the State role, given the fragility towards these groups, is of simple server and executor of policies dictated by these groups directly or, indirectly by international organizations that represent and defend their interests, like the IMF, the Commission European, the World Bank, even the OECD, etc. Argues that given the growing globalization and increased threats of all kinds, one needs in Portugal is a strong State that defend the national sovereignty, able of promote the growth and sustained development of the country, and to defend the Portuguese of threats and constant attacks to a life with a minimum of human dignity.

So Much to Think These People Have Given Us”: Brazilian Music Educators Traveling to the United States

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Inês de Almeida Rocha

2012-05-01

Full Text Available In the early 1940s, music educators traveled to the United States promoting Brazilian classical music and learning about the music education system in various cities of this North American country. This paper analyses the participation of Liddy Chiaffarelli Mignone, Francisco Mignone, Antonio Leal de Sá Pereira and Heitor Villa-Lobos in the VIII Biennial Congress of Music Teachers held in Milwaukee, USA in 1942. Possessing a privileged source of letters, notes and memoirs, reflections arising from their analysis reveals that these musicians, who were also music teachers, were placed in strategic diplomatic positions that brought together the United States and Brazil by means of musical and cultural exchange, while circulating pedagogical thinking of Brazilian music educators.

Influence of quality of life on the state and development of human capital in Latvia

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Zhanna Tsaurkubule

2014-03-01

Full Text Available Currently, the essence and forms of interrelation between human capital and quality of life are still insufficiently studied. Therefore, there is a need for defining general components of these categories and areas, where human capital interacts with quality of life. Today, Latvia has been developing in difficult conditions: the population is decreasing, emigration is growing, possibilities of employment are limited, and the income of residents is decreasing. All these factors reduce quality of life for the population and lead to the loss of human resources in the country. The existence of a problem stemming from the relationship between quality of life and human capital establishes the relevance of the research and determines its aim. The main contradiction is between the external positioning of the state as a country successfully overcoming crisis and the growth of internal crisis in the state, leading to the further impoverishment of the population, leading to an increased emigration of the working population of Latvia. The main research question is as follows: how to preserve human resources in the state? Based on an analysis of post-crisis socio-economic processes taking place in the society, recommendations are made to improve the socio-economic policy in ways that improve the welfare of the population of Latvia.

Association between social capital and self-perception of health in Brazilian adults.

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Loch, Mathias Roberto; de Souza, Regina Kazue Tanno; Mesas, Arthur Eumann; González, Alberto Durán; Rodriguez-Artalejo, Fernando

2015-01-01

OBJECTIVE To investigate the association between social capital and social capital and self-perception of health based on examining the influence of health-related behaviors as possible mediators of this relationship. METHODS A cross-sectional study was used with 1,081 subjects, which is representative of the population of individuals aged 40 years or more in a medium-sized city in Southern Brazil. The subjects who perceived their health as fine, bad or very bad were considered to have a negative self-perception of their health. The social capital indicators were: number of friends, people from whom they could borrow money from when needed; the extent of trust in community members; whether or not members of the community helped each other; community safety; and extent of participation in community activities. The behaviors were: physical activity during leisure time, fruits and vegetable consumption, tobacco use and alcohol abuse. The odds ratios (OR) and confidence intervals (CI) 95% were calculated by binary logistic regression. The significance of mediation was verified using the Sobel test. RESULTS Following adjustment for demographic and clinical variables, subjects with fewer friends (OR = 1.39, 95%CI 1.08;1.80), those who perceived less frequently help from people in the neighborhood (OR = 1.30, 95%CI 1.01;1.68), who saw the violent neighborhood (OR = 1.33, 95%CI 1.01;1.74) and who had not participated in any community activity (OR = 1.39, 95%CI 1.07;1.80) had more negative self-perception of their health. Physical activity during leisure time was a significant mediator in the relationship between all social capital indicators (except for the borrowed money variable) and self-perceived health. Fruit and vegetable consumption was a significant mediator of the relationship between the extent of participation in community activities and self-perceived health. Tobacco use and alcohol abuse did not seem to have a mediating role in any relationship. CONCLUSIONS

A study on the impact of campaign finance, political capital and gender on electoral performance

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Bruno Wilhelm Speck

2014-04-01

Full Text Available This article analyzes the association between political finance and electoral performance in the 2010 Brazilian elections for state and federal deputies. It also investigates the interaction effect of incumbency and gender on this association. We conclude: (i there is a positive and statistically significant association between political finance and electoral performance, yet the intensity of this association varies according to the type of candidate; (ii the association is stronger for challengers than for incumbents – thus extending the "Jacobson effect" to the Brazilian case; and (iii the association is stronger for women than for men – which suggests an extension of the idea underlying the "Jacobson effect". The association between finance and electoral performance tends to be stronger for candidates facing electoral disadvantages, whether these stem from limited political capital, gender discrimination, or any other factor not studied here resulting in a similar effect. Political finance works as a tool that, to some extent, may counteract the negative effect of such factors on electoral performance.

Accrual Anomaly in the Brazilian Capital Market

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César Medeiros Cupertino

2012-10-01

Full Text Available This paper analyzes the phenomenon known as accrual anomaly in Brazil. In particular, we examine two hypotheses: (a that the earnings expectation included in the stock price fails to reflect the difference in persistence of the earnings components (accruals and cash flows; and (b that the construction of a hedge portfolio by taking a long (short position in assets with low (high accruals generates consistently abnormal returns. The data set includes nonfinancial firms listed on the BM&FBOVESPA between 1990 and 2008. The empirical tests required conducting panel data regressions to identify the persistence of earnings and theircomponents; the Mishkin test to identify whether the market rationally prices earnings; and the composition of a zero-investment (hedge portfolio to analyze whether a trading strategy based on accruals consistently provides abnormal positive returns. The results indicate that the accrual component is not mispriced by the Brazilian market, and that a trading strategy based on accruals does not provide consistently positive returns. Although this evidence does not encourage arbitrage, the results are relevant from various perspectives. The methodology applied permitted identifying the quality of earnings and of their components, as well as association between the components of earnings and returns.

THEORETICAL ESSAY ABOUT THE RELATION BETWEEN FINANCIAL LEVERAGE AND INVESTMENT IN BRAZILIAN COMPANIES

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Aline Midori Kuroda

2015-12-01

Full Text Available The quest for understanding the relationship between the capital structure and investment decisions resulted in many different authors contribution. In the Brazilian economic scenario, an empirical study performed by Albuquerque and Matias (2013 identified the existence of a strong negative relation between finance leverage and investment in Brazilian public companies. The purpose of this study was to investigate whether the theory of finance supports these empirical findings or if there is a discrepancy between the practical behavior and the theoretical rules. To this end, it was performed a bibliographic research of scientific works related with this theme, among them Carneiro, Salles and Wu (2006, Hadlock and Pierce (2010 and Dang (2011. The methodology of this research can be classified as exploratory, according to its purpose, qualitative in terms of approach and bibliographical considering its technical procedures. All the developed analysis led to the formulation of six theoretical propositions that support the relation between financial leverage and investment. The negative and positive effects of debt were considered according to growth opportunities, the supply of credit in the Brazilian context, the raising of risk and cost of capital and the allocation of resources obtained through external funding. Briefly, it can be concluded that these six theoretical propositions could serve as the fundamentals of the relation in question, two being based on the under-investment and overinvestment theories and the other four, on the Brazilian financial market aspects. All of them must be considered in the decision making of a financial manager, especially the related with the financing options.

Brazilian city planners, American city planning? New perspectives on urban planning in Rio de Janeiro, 1930-1945.

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Rezende, Vera F

2010-01-01

This article analyses the connections between the ideas and principles of American city planning from 1920 with those articulated by Brazilian city planners in the 1930s and implemented by the administration of the City of Rio de Janeiro, then the capital of Brazil, notably during the period of the Estado Novo [The New State] from 1937 to 1945. In a period characterized by the centralization of political power and the concentration of decision-making in the hands of the president and the state, the City of Rio de Janeiro undertook a series of restructuring projects which utilized new forms of administration and organization. This article explores the links between urban planning in Brazil and the USA that were a notable feature of these projects. It examines particular requirements set down in city plans, city planning commissions and funding for urban activities, such as 'excess condemnation', by focusing upon articles and books written by four Brazilian engineers and proposals put forward by the American City Planning Institute, detailed in the proceedings of the National Conference on City Planning, in the periodical, City Planning and works by affiliated authors.

EMPHASIZING SOCIAL ISSUES TOWARD SUSTAINABLE SUPPLY CHAIN: A BRAZILIAN PERSPECTIVE

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Minelle Enéas da Silva

2015-06-01

Full Text Available From sustainability perspective, the supply chain management strategy can use different indicators related to Triple Bottom Line to improve its practices. Some studies in the topic have focused only environmental issues; however in some cases the social issues should be considered as a core of the sustainable strategies. Considering this view, the paper aims to highlight the relevance of social issues in the Brazilian context toward sustainable supply chain. Therefore, a theoretical essay was conducted using the literature about sustainable supply chain in relation to the Brazilian perspective to understand how it is possible to use new approaches for a more emphasis on social issues. The discussions indicates that to re-conceptualize the social relations in supply chains, it's necessary to use corporate social responsibility and social capital approaches to create a better discussion about sustainable supply chain. The proposal starts a discussion in the Brazilian context to stimulate new scholars to study this topic.

Resultados do monitoramento dos Fatores de risco e Proteção para Doenças Crônicas Não Transmissíveis nas capitais brasileiras por inquérito telefônico, 2008 Monitoring of Risk and Protective factors for Chronic Non Communicable Diseases by telephone survey in Brazilian State Capitals, 2008

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Deborah Carvalho Malta

2012-09-01

Full Text Available OBJETIVO: Analisar os fatores de risco e proteção para Doenças Crônicas Não Transmissíveis - DCNT nas capitais do Brasil. METODOLOGIA: Foram analisadas informações provenientes do sistema de vigilância de fatores de risco e proteção para DCNT por inquérito telefônico - VIGITEL, em 2008. A amostra foi composta por 54 mil entrevistas sendo as frequências apresentadas para o conjunto das capitais por sexo, faixa etária e escolaridade. RESULTADOS: O estudo mostrou diferenças na prevalência de fatores de risco e proteção de DCNT entre sexos, idade e escolaridade. Os homens apresentaram maiores frequências de fatores de risco como fumo, excesso de peso, consumo de refrigerantes, carnes com excesso de gordura e bebidas alcoólicas. Os homens praticam mais atividade física no lazer. As mulheres se alimentam melhor e referem mais diagnóstico médico de doenças, como hipertensão arterial, dislipidemia e osteoporose, além de estado de saúde ruim. Em geral, os fatores de risco são mais frequentes na população de menor escolaridade. DISCUSSÃO: Estas informações devem redirecionar a implementação das políticas públicas com foco em um modo de viver mais saudável e escolhas individuais mais adequadas por parte da população adulta brasileira.OBJECTIVE: To estimate the prevalence of protective and risk factors for the most important chronic non communicable diseases in all Brazilian capitals, including the Federal District. METHODS: Data used were collected in 2008 through VIGITEL, an ongoing population-based telephone survey surveillance system implemented in all Brazilian State capitals since 2006. In 2008, over 54,000 interviews were completed over the phone with a random sample of individuals living in all 27 capitals. RESULTS: The analyses showed differences in the prevalence of determinants of chronic diseases by demographic characteristics such as gender, age and schooling. Men were more likely to be current smokers

GOVERNMENT ELECTRONIC PURCHASING: AN ASSESSMENT OF BRAZILIAN STATE GOVERNMENTS' E-PROCUREMENT WEBSITES

OpenAIRE

Alves, Tomaz Rodrigo; Universidade de São Paulo; Souza, Cesar Alexandre; Universidade de São Paulo

2011-01-01

One of the electronic government applications that has been fast developing in Brazil is e-procurement. It’s a field that allows relatively objective measuring, regarding price cuts and savings generated by the reduction of bureaucracy. This research evaluated the quality of the e-procurement portals of the 26 Brazilian state governments and also the Federal District, considering primarily features that could be useful to suppliers. In order to do so, a scoring method was developed, in which ...

The Brazilian deindustrialization: financialization is not guilty

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MYLÈNE GAULARD

2015-06-01

Full Text Available The financialization of the Brazilian economy is often criticized as being responsible of the slowdown of capital accumulation in this country. Indeed, very high interest rates are maintained in order to finance the public debt, and this fosters capitalists to get more Treasury bonds rather than to invest in the productive area. Nevertheless, the evolution of the profit rate in this area also explains the particular relation existing between capitalists, finance and productive investment, as Marx showed it more than a century ago.

Influência regional no consumo precoce de alimentos diferentes do leite materno em menores de seis meses residentes nas capitais brasileiras e Distrito Federal Regional influence on early consumption of foods other than breast milk in infants less than 6 months of age in Brazilian State capitals and the Federal District

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Silvia Regina Dias Medici Saldiva

2011-11-01

Full Text Available Objetivou-se avaliar a influência regional no consumo precoce de alimentos diferentes do leite materno em menores de seis meses residentes nas capitais brasileiras. Analisaram-se dados de 18.929 crianças da II Pesquisa de Prevalência de Aleitamento Materno nas Capitais Brasileiras - 2008. As frequências do consumo de chá, sucos, leite artificial e mingau/papa foram calculadas para as capitais das cinco regiões brasileiras. Curvas do consumo foram obtidas pela análise de logitos e estimativas das razões de prevalência (RP por modelos de Poisson. O consumo de leite artificial foi maior quando comparado aos demais alimentos em todas as capitais. As capitais do Sul apresentaram a maior razão de prevalência para o consumo de chá (RP = 2,37 e as do Nordeste e Sudeste, para o consumo de outros tipos de leite (RP = 1,50 e 1,47 e de suco (RP = 1,57 e 1,55. Nas capitais do Nordeste, o consumo precoce de mingau/papa foi maior (RP = 3,0. A região tem influência no consumo precoce de alimentos, o que deve ser levado em consideração na elaboração de políticas públicas.The aim was to assess regional influences on food consumption in infants less than six months of age. A cross-sectional study was conducted in a sample of 18,929 infants participating in the Second Survey on Breastfeeding Prevalence in Brazilian State Capitals and the Federal District in 2008. Consumption rates for tea, fruit juices, formula milk, and porridge were calculated for the State capitals from the five geographic regions of the country. Food consumption was estimated by logit analyses and Poisson models. Differences in food consumption profile were observed between the different regions: tea was more common in State capitals in the South (RP = 2.37, while non-maternal milk (RP = 1.50 and 1.47 and juices (RP = 1.57 and 1.55 were more frequent in the Northeast and Southeast, respectively. Porridge was more common in the Northeast (RP = 3.0. Brazil's geographic regions

75 FR 29217 - Office of the Attorney General; Certification Process for State Capital Counsel Systems; Removal...

Science.gov (United States)

2010-05-25

... Office of the Attorney General; Certification Process for State Capital Counsel Systems; Removal of Final Rule AGENCY: Office of the Attorney General, Department of Justice. ACTION: Notice of proposed... the Attorney General has certified ``that [the] State has established a mechanism for providing...

The Non-Proliferation Treaty of Nuclear Weapons (NPT) and the insertion of the Brazilian State in its regime

International Nuclear Information System (INIS)

Silva, Marcos Valle Machado da

2010-01-01

The issue of nuclear weapons continues to appear as a focal point of International Relations. The efforts and concrete actions on disarmament, non-proliferation, and nuclear arms control are still issues that generate recurring tensions between States. However, in Brazil, there is little analysis of an academic nature about these issues and, with respect to current and prospective position of the Brazilian State in the Nuclear Weapons Non- Proliferation Regime, studies and analysis are even more scarce, or incipient. The present dissertation has as its object of study to the Treaty on the Non-Proliferation of Nuclear Weapons (NPT), the Regime arisen from NPT, and the Brazilian State insertion process in this Regime. Therefore our research work is structured in three areas: the first one is about the role of nuclear weapons in States security perception, the second is about NPT and its Regime, the third runs over the insertion of the Brazilian state in this regime. So, in summary, the research performed included the reasons that make a State to develop nuclear weapons, the NPT genesis and evolution of the perception of the meaning of that Treaty by the States, and the process and the degree of insertion of Brazil in the Nuclear Weapons Non- Proliferation Regime. The inquiry sought to place this object of study in the broader debate on Foreign Relations, based on the approaches of the discipline devoted to the question of managing the security of States, id est, the two approaches that constitute the mainstream of the discipline: the perspective theoretical liberal (and neoliberal variants) and realistic thinking (and neo-realist). Thus, we have used different theoretical lenses, which we think necessary for understanding the specific parts and causal connections between these parts of a complex issue. (author)

Is steady-state capitalism viable? A review of the issues and an answer in the affirmative.

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Lawn, Philip

2011-02-01

Most ecological economists believe that the transition to a steady-state economy is necessary to ensure ecological sustainability and to maximize a nation's economic welfare. While some observers agree with the necessity of the steady-state economy, they are nonetheless critical of the suggestion made by ecological economists-in particular, Herman Daly-that a steady-state economy is compatible with a capitalist system. First, they believe that steady-state capitalism is based on the untenable assumption that growth is an optional rather than in-built element of capitalism. Second, they argue that capitalist notions of efficient resource allocation are too restrictive to facilitate the transition to an "ecological" or steady-state economy. I believe these observers are outright wrong with their first criticism and, because they misunderstand Daly's vision of a steady-state economy, are misplaced with their second criticism. The nature of a capitalist system depends upon the institutional framework that supports and shapes it. Hence, a capitalist system can exist in a wide variety of forms. Unfortunately, many observers fail to recognize that the current "growth imperative" is the result of capitalist systems everywhere being institutionally designed to grow. They need not be designed this way to survive and thrive. Indeed, because continued growth is both existentially undesirable and ecologically unsustainable, redesigning capitalist systems through the introduction of Daly-like institutions would prove to be capitalism's savior. What's more, it would constitute humankind's best hope of achieving sustainable development. © 2011 New York Academy of Sciences.

Societal Preferences for EQ-5D Health States from a Brazilian Population Survey.

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Viegas Andrade, Mônica; Noronha, Kenya; Kind, Paul; Maia, Ana Carolina; Miranda de Menezes, Renata; De Barros Reis, Carla; Nepomuceno Souza, Michelle; Martins, Diego; Gomes, Lucas; Nichele, Daniel; Calazans, Julia; Mascarenhas, Tamires; Carvalho, Lucas; Lins, Camila

2013-12-01

To elicit preference weights for a subset of EuroQol five-dimensional (EQ-5D) questionnaire health states from a representative sample for the state of Minas Gerais, Brazil, using a time trade-off (TTO) method and to analyze these data so as to estimate social preference weights for the complete set of 243 states. Data came from a valuation study with 3362 literate individuals aged between 18 and 64 years living in urban areas. The present study was based on quota sampling by age and sex. Face-to-face interviews were conducted in participants' own homes. A total of 99 EQ-5D questionnaire health states were selected, presorted into 26 blocks of six unique health states. Each participant valued one block together with the full health, worst health, and dead states. Each health state was evaluated by more than 100 individuals. TTO data were modeled at both individual and aggregate levels by using ordinary least squares and random effects methods. Values estimated by different models yielded very similar results with satisfactory goodness-of-fit statistics: the mean absolute error was around 0.03 and fewer than 25% of the states had a mean absolute error greater than 0.05. Dummies coefficients for each level within the EQ-5D questionnaire dimensions of health displayed an internally consistent ordering, with the mobility dimension demonstrating the largest value decrement. The values of mean observed transformed TTO values range from 0.869 to-0.235. The study demonstrates the feasibility of conducting face-to-face interviews using TTO in a Brazilian population setting. The estimated values for EQ-5D questionnaire health states based on this Minas Gerais survey represent an important first step in establishing national Brazilian social preference weights for the EQ-5D questionnaire. Copyright © 2013 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

Does Venture Capital Spur Innovation?

OpenAIRE

Samuel Kortum; Josh Lerner

1998-01-01

While policymakers often assume venture capital has a profound impact on innovation, that premise has not been evaluated systematically. We address this omission by examining the influence of venture capital on patented inventions in the United States across twenty industries over three decades. We address concerns about causality in several ways, including exploiting a 1979 policy shift that spurred venture capital fundraising. We find that the amount of venture capital activity in an indust...

Brazilian infectious diseases specialists: who and where are they?

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Cassenote, Alex Jones Flores; Scheffer, Mario César; Segurado, Aluísio Augusto Cotrim

2016-01-01

The infectious diseases specialist is a medical doctor dedicated to the management of infectious diseases in their individual and collective dimensions. The aim of this paper was to evaluate the current profile and distribution of infectious diseases specialists in Brazil. This is a cross-sectional study using secondary data obtained from institutions that register medical specialists in Brazil. Variables of interest included gender, age, type of medical school (public or private) the specialist graduated from, time since finishing residency training in infectious diseases, and the interval between M.D. graduation and residency completion. Maps are used to study the geographical distribution of infectious diseases specialists. A total of 3229 infectious diseases specialist registries were counted, with 94.3% (3045) of individual counts (heads) represented by primary registries. The mean age was 43.3 years (SD 10.5), and a higher proportion of females was observed (57%; 95% CI 55.3-58.8). Most Brazilian infectious diseases specialists (58.5%) practice in the Southeastern region. However, when distribution rates were calculated, several states exhibited high concentration of infectious diseases specialists, when compared to the national rate (16.06). Interestingly, among specialists working in the Northeastern region, those trained locally had completed their residency programs more recently (8.7yrs; 95% CI 7.9-9.5) than physicians trained elsewhere in the country (13.6yrs: 95% CI 11.8-15.5). Our study shows that Brazilian infectious diseases specialists are predominantly young and female doctors. Most have concluded a medical residency training program. The absolute majority practice in the Southeastern region. However, some states from the Northern, Northeastern and Southeastern regions exhibit specialist rates above the national average. In these areas, nonetheless, there is a strong concentration of infectious diseases specialists in state capitals and in

FOREIGN DIRECT INVESTMENT: DIAGNOSIS AND PROPOSALS FOR A BRAZILIAN PUBLIC POLICY

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Milton de Abreu Campanario

2011-01-01

Full Text Available The text is the part of public policy of a larger research project on Brazilian Outward ForeignDirect Investment - OFDI. The text analyses the viability to adopt policies to enhance FDI,particularly outward. Based on statistical data and on literature review, the policy agenda framesthe underling questions surrounding the theme. There is not yet a theoretical framework to dealwith emergent countries’ FDI and related policies. There exist strong evidences that capital flowsthrough FDI generate externalities in the following domains: macroeconomics, microeconomicsand foreign relations particularly in areas related to industrial organization and innovation. Thetheoretical proposition is that international capital flows are compatible to monetary stability,commercial openness, investment promotion and industrial innovation policies. A betterpositioning of national enterprises internationally may result in growing partnership within theforeign environment. Brazil has not a set of policies to deal with inward and outward BrazilianFDI flows. These policies do not necessarily jeopardize macroeconomic policy and the relatedmonetary and currency stabilization goals. It contends that FDI stimulus by means of publicpolicies may contribute not just to a better competitiveness and innovation of Brazilianenterprises, but also assure a balanced growing and economic structural change.

Social capital and HIV/AIDS in the United States: Knowledge, gaps, and future directions.

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Ransome, Yusuf; Thurber, Katherine A; Swen, Melody; Crawford, Natalie D; German, Danielle; Dean, Lorraine T

2018-08-01

Social capital is a well-established predictor of several behavioral health outcomes. However, we know less about the relationship with prevention, transmission, and treatment of HIV/AIDS outcomes in the United States (US). In 2017, we conducted a scoping review of empirical studies investigating the relationships between social capital and HIV/AIDS in the US by searching PubMed, Embase, PsycINFO, Web of Science, and Sociological Abstracts with no restriction on publication date, for articles in English language. Sample search terms included: HIV infections OR HIV OR AIDS OR acquired immunodeficiency syndrome OR human immunodeficiency virus AND social capital OR social control, informal OR social participation OR social cohesion OR generalized trust OR social trust OR collective efficacy OR community mob* OR civic participation. We identified 1581 unique manuscripts and reviewed 13 based on eligibility criteria. The earliest eligible study was published in 2003. More than half (n=7/13) focused on HIV or AIDS diagnosis, then prescribing ART and/or adherence (n=5/13), then linkage and or engagement in HIV care (n=4/13). Fifty eight percent (58%) documented a protective association between at least one social capital measure and an HIV/AIDS outcome. Seven studies used validated social capital scales, however there was substantial variation in conceptual/operational definitions and measures used. Most studies were based on samples from the Northeast. Three studies directly focused on or stratified analyses among subgroups or key populations. Studies were cross-sectional, so causal inference is unknown. Our review suggests that social capital may be an important determinant of HIV/AIDS prevention, transmission, and treatment outcomes. We recommend future research assess these associations using qualitative and mixed-methods approaches, longitudinally, examine differences across subgroups and geographic region, include a wider range of social capital constructs, and

Historical origins of Brazilian relative backwardness

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ALEXANDRE RANDS BARROS

2015-03-01

Full Text Available This paper relies on some data to identify the 19th century as the major period in which Brazil economy lagged behind some chosen benchmarking countries, as the USA, Canada, New Zealand, Australia and some European periphery countries. To identify the reasons for this an exercise using immigration data was used to make a decomposition of the sources of growth of the proportion of the USA per capita GDP to the Brazilian one. The results indicate that the imported human capital was responsible for 59% to 88% of this total growth between 1820 and 1900.

Social capital and cigarette smoking among Latinos in the United States

OpenAIRE

Li, Shijian; Horner, Pilar; Delva, Jorge

2012-01-01

Shijian Li1, Pilar Horner2, Jorge Delva31School of Medicine, New York University, New York, NY, USA; 2School of Social Work, Julian Samora Research Institute, Michigan State University, East Lansing, MI, USA; 3School of Social Work, University of Michigan, Ann Arbor, MI, USA.Abstract: This paper presents the results of analyses conducted to examine if social capital indicators were associated with current cigarette smoking and with quitting smoking among a national representative sample of La...

State and market in post-reform Brazilian air transportation

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Cristiano Fonseca Monteiro

2009-10-01

Full Text Available The changes that have taken place in Brazilian air transportation following the cycle of “market reforms” have turned this sector into an object of growing interest. This interest, in turn, has led to the emergence of a broad literature on the subject, characterized by the emphasis on an agenda of liberalization and the critique of State activism. The goal of the present article is to promote a confrontation between the different interpretations that have been made, incorporating the contributions of approaches inspired in Economic Sociology and in institutionalist analyses in order to draw attention to the importance that political variables, and the State in particular, have for economic performance. The post-reform context is characterized by an initial moment of greater State activism regarding air transportation, through re-initiation of stricter regulatory mechanisms and the re-opening of channels of dialog between state actors and firms. This is followed by a second moment in which state activism is abandoned, at the same time that the sector demonstrates expressive rates of growth, pushing it beyond its existing capacity and flight support infrastructure. This culminated in the episode known as the “apagão aéreo” (aerial black out Analysis of testimonies of state and private sector actors regarding the “blackout” enables us to identify the flaws in the responsible state apparatus as one of the factors that led to the “blackout”. Our conclusions draw attention to the importance of taking political factors into consideration, and particularly the role of the State, in the development of air transportation in Brazil. Keywords: commercial aviation, politics and economics, regulation, Economic Sociology, Historical Institutionalism.

Uma análise do capital humano sobre o nível de renda dos estados brasileiros: MRW versus Mincer

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Ricardo Corrêa Cangussu

2010-03-01

Full Text Available O capital humano, a produtividade e o capital físico são considerados os principais fatores na determinação do PIB per capita das economias. Conforme a abordagem neoclássica, a acumulação de capital humano explica praticamente um terço da variação do rendimento per capita entre os países. No entanto, ainda persistem discussões sobre as formas em que esse fator afeta o PIB per capita. O objetivo do presente estudo é comparar duas formas funcionais da função de produção para os Estados brasileiros: as propostas por Solow (1956 e por Mincer (1974. Também foram feitas estimações do retorno marginal da educação, além da realização de uma análise da importância do capital humano na determinação do PIB per capita utilizando diferentes métodos de estimação, no período 1980-2002. Os resultados rejeitaram a especificação neoclássica com inclusão do capital humano em favor da minceriana. Adicionalmente, o retorno marginal estimado da educação foi de 15%, e os resultados empíricos sustentam a teoria de que o capital humano é um dos principais fatores na determinação do nível de renda.Human capital, productivity and physical capital are considered the main factors in the economies' GDP per capita determination. According to the neoclassical approach, human capital accumulation explains about a third of the variation in per capita income across countries. However, there is no consensus on the ways in which human capital influences GDP per capita. The present study's goal is to compare two production functions functional forms for the Brazilian States: the one developed by Solow (1956 and the one developed by Mincer (1974. The marginal return of education also has been estimated and we have analyzed the relevance of human capital on GDP per capita determination through a variety of estimation methods, for the 1980-2002 period. The empirical results rejected the neoclassical specification with human capital in favor

Diagnostic characterization of services providing care to victims of accidents and violence in five Brazilian state capitals

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Suely Ferreira Deslandes

2006-06-01

Full Text Available This article characterizes the services providing care to victims in five Brazilian regions with high violence and accident rates. It analyzes care activities and strategies, the profile of the teams, the conditions of installations, equipment and supplies, integrated care and registration services and the opinion of health managers with respect to the needs and requirements for a better care to the victims. The sample is composed by 103 services: 34 from Recife, 25 from Rio de Janeiro, 18 from Manaus, 18 from Curitiba and 8 from Brasília. The still preliminary results indicate: lower number of services focusing on the elderly; scarce investment in preventive actions; the principal actions carried out are social assistance, ambulatory and hospital care and psychological assistance; patients received from Basic Health Units require attention of the communities and families; need for investment in capacity building programs for professionals; precarious registries, data handled manually. The wording of the National Policy for Reduction of Morbidity and Mortality from Accidents and Violence is not well-known and there is a lack of articulation among and inside sectors and between prehospital and emergency care services. Rehabilitation services are insufficient in all cities.

Phases of capitalism, welfare states, medical dominance, and health care in Ontario.

Science.gov (United States)

Coburn, D

1999-01-01

There has been a lacuna in previous studies of medicine and health care of concepts or structures relating changes in health care with their contextualizing social structures. That is, there is a need to more adequately account for health care and social structure in terms of dynamic rather than static concepts. This article reports the application of a general schema outlining the transformation of capitalism through the phases of entrepreneurial, monopoly, and global capitalism, first presented by Ross and Trachte, to help understand both the changing role of medicine in Canada and the historical trajectory of the development of health insurance. These related events are shown to be partly reflective of the transformed class dynamic involved in a changing capitalist mode of production. The recent history of challenges to medicare in Canada as well as evidence of the declining power of medicine are both related directly and indirectly to the increased power of business and the decline in the relative autonomy of the state accompanying globalization. The application of the phases of capitalism sequence does roughly fit the Canadian instance although some modifications will be required to account for the specifics of the Canadian case. The schema also helps resolve two previously competing class arguments about the rise of health insurance in Canada.

Securitization in the Brazilian Banking Industry: An Empirical Study

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Umbelina Cravo Teixeira Lagioia

2009-05-01

Full Text Available Securitization is a modality of structured finance which allows a company to raise funds based on its receivables through capital markets. In Brazil, securitization was developed mostly in the form of mutual funds -- the FIDC, which raise money by issuing senior quotas for qualified investors, and subordinated cotes, usually bought by the company that originated the receivables. This paper evaluates the risk and return for both kinds of investors through a stochastic model with two main variables: interest rates and default rates. The model is still sensible to the characteristics of the fund, like the amount of subordinated cotes, the type of asset being securitized; and the amount of receivables in relation to the assets. Regarding the case of senior cotes, the risk of returns under the basic level of interest rates is highly improbable; and in the case of subordinated cotes, the risk of returns under the basic interest rate may be considered still low, due to the high spreads observed in the Brazilian financial market. The simulations indicated that under historically mean interest rate volatility the default rates are the main component of the total risk. Accordingly to the developed analysis of international standards of regulation, the Brazilian Central Bank imposes very strong capital requirements to banks that securitize their assets and purchase the corresponding subordinated cotes.

Asymmetry and Risk Premia in the Brazilian Term Structure of Interest Rates

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Marcelo Ganem

2011-06-01

Full Text Available The risk premium in the Brazilian term structure of interest rates is partially driven by some specific defensive behavior following past monetary decisions. Until 2008, the Brazilian Central Bank has primarily dealt with domestic and external crises by raising the short term rate to restrain capital outflows, generating a well-known asymmetry in the market’s response functions to risk aversion. Therefore, the traditional parameterization of risk based on mean and variance estimators fails to capture the market price of risk eventually assigned to higher order moments of bond returns across several maturities. In this paper we propose an arbitrage-free, discrete-time model that provides the form for a lagged endogenous regression which tests the significance and magnitude of the market price of asymmetry in the Brazilian fixed income market. The results are analyzed from a historical perspective, comparing the evolution of the price of asymmetry, the improvement of Brazil’s sovereign risk and the monetary policy conduction from 2003 to 2009.

The economic impacts of the upstream activities after the reform of the Brazilian oil industry; Impactos economicos da exploracao e producao apos a abertura da industria petrolifera brasileira

Energy Technology Data Exchange (ETDEWEB)

Canelas, Andre [Universidade Federal, Rio de Janeiro, RJ (Brazil). Coordenacao dos Programas de Pos-graduacao de Engenharia. Programa de Planejamento Energetico

2004-07-01

This paper analyzes the macroeconomic impacts of the investments in the oil and gas upstream, which took place after the reform of the Brazilian oil industry. The reason why I chose to analyze such a period of time was the institutional change which took place in the Brazilian oil industry after the Brazilian Parliament approved Law n. 9.478 in 1997. The law represented the new regulation of the activities related to the oil industry in Brazil. Since then, there has been a very large amount of capital spending in the oil and gas upstream, not only by PETROBRAS, the state-owned oil company, but also by the oil companies which entered the Brazilian oil industry after it was opened to foreign and private upstream investments. This paper analyses the economic impacts of these upstream investments by PETROBRAS and by the new players in Brazil, addressing the impacts of these investments on the generation of aggregate value and yield and the economic activity of other industries. This paper is dedicated, in its entirety, to Prof. Carmen Alveal, whose knowledge, support, encouragement and friendship were, for me, the most important of all, professionally and morally. (author)

Translation and cultural adaptation of the States of Consciousness Questionnaire (SOCQ and statistical validation of the Mystical Experience Questionnaire (MEQ30 in Brazilian Portuguese

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EDUARDO EKMAN SCHENBERG

Full Text Available Abstract Background The States of Consciousness Questionnaire (SOCQ was developed to assess the occurrence features of the change in consciousness induced by psilocybin, and includes the Mystical Experience Questionnaire (MEQ, developed to assess the ocurrence of mystical experiences in altered states of consciousness. Objective To translate the SOCQ to Brazilian Portuguese and validate the 30-item MEQ. Methods The SOCQ was translated to Brazilian Portuguese and backtranslated into English. The two English versions were compared and differences corrected, resulting in a Brazilian translation. Using an internet-survey, 1504 Portuguese-speaking subjects answered the translated version of the SOCQ. The 4-factor version of MEQ30 was analyzed using confirmatory factor analysis and reliability analysis. Results A Brazilian Portuguese version of the SOCQ was made available. Goodness-of-fit indexes indicated that data met the factorial structure proposed for the English MEQ30. Factors presented excellent to acceptable reliability according to Cronbach’s alpha: mystical (0.95; positive mood (0.71; transcendence of time/space (0.83; and ineffability (0.81. Discussion The Brazilian Portuguese version of the MEQ30 is validated and it fits in the factorial structure performed on the original English version. The SOCQ is also available to the Brazilian Portuguese speaking population, allowing studies in different languages to be conducted and compared systematically.

The Brazilian psychiatric reform: historical and technical-supportive aspects of experiences carried out in the cities of São Paulo, Santos and Campinas

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Cristina Amélia Luzio

2007-01-01

Full Text Available The Brazilian psychiatric reform: historical and technical-supportive aspects of experiences carried out in the cities of São Paulo (capital, Santos and Campinas, in order to understand their material, social and political impacts, the progress in the process of breaking away from the psychiatric ward model, and the establishment of creative and productive groups, required to build up the psychosocial treatment in regard to mental health, as well as to evaluate the contribution that the SUS (Brazilian Public Health System had on the psychiatric reform in the mentioned cities. The research, which is the basis of this paper, is part of a thesis regarding mental health care, whereby the innovative projects implemented in those cities served as framework and basis for comparison to analyze mental health policy in small and medium-sized cities and towns in the state of São Paulo.

Trinidadian capitalism

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Kevin A. Yelvington

1999-07-01

Full Text Available [First paragraph] Capitalism: An Ethnographic Approach. DANIEL MILLER. Oxford: Berg, 1997. x + 357 pp. (Cloth £39.00, Paper £17.99 Women, Labour and Politics in Trinidad and Tobago: A History. RHODA E. REDDOCK. London: Zed, 1994. vi + 346 pp. (Cloth £39.95, Paper £15.95 Despite the underdeveloped state of the scholarship on its admittedly short sugar plantation slavery period, we now have a corpus of studies on various aspects of capitalism in Trinidad - from its historical advent (Sebastien 1978 to its twentieth-century manifestation in the petroleum sector (Seers 1964; Sandoval 1983, and from the ethnic structure of labor markets (Camejo 1971; Harewood 1971 and the role of capitalism in racial/ethnic inequality (Henry 1993; Coppin & Olsen 1998 to the way ethnicity affects business, big (Button 1981; Parris 1985; Centre for Ethnic Studies 1993 and small (Ryan & Barclay 1992; Griffith 1997, and the way ethnicity and gender are used in class recruitment (Yelvington 1995. There are also a number of fine working-class histories (e.g., Rennie 1973; Ramdin 1982; Basdeo 1983 and important works on the labor riots and strikes and the nature of the colonial state during the crises of the 1930s (e.g., Thomas 1987; Singh 1994. The two books under review here complement the works mentioned above, and they complement each other as well: Reddock's deals with the way capitalism up to the mid-century was buttressed by colonial politics, and explores how this formation engendered certain kinds of political responses, while Miller approaches capitalism through the assumption that fundamental changes in the post-Oil Boom period (ca. 1973-80 brought about considerable autonomy between production and consumption that can and should now be read through an analysis of the cultural circulation of images and commodities in the society. These books are both noteworthy because they engage in explicit theorizing on what capitalism was and is, and what it did and

Brazilian energy

International Nuclear Information System (INIS)

O'Shaughnessy, H.

1997-04-01

Brazilian Energy provides all the information necessary for energy companies to invest and operate in Brazil, including: a review of Brazil's natural resources; an assessment of privatisation strategies at the federal, state and regional level; an analysis of the electricity industry and the future for Electrobras; an analysis of the oil industry and, in particular, Petrobras; a discussion of the fuel alcohol industry; the discovery of local natural gas, its prospects and the involvement of the auto industry; an assessment of the problems facing the coal industry and its future; a discussion of the regulatory framework for the newly privatised companies; the importance of intra-regional energy links and the booming membership of Mercosur; the difficulties experienced by foreign investors doing business in Brazil; brief profiles of the key energy companies; profiles of key people influencing the privatisation process in Brazil. Brazilian energy is essential reading for those wishing to advise and assist Brazil in this period of change and development, as well as those who wish to invest or become key players in the Brazilian energy sector. (author)

A Constructivist Perspective on Leadership Thought among Brazilian and North-American Scholars

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Anderson de Souza Sant'Anna

2011-04-01

Full Text Available This paper presents the results of an exploratory, inductive cataloguing of the views of Brazilian and U.S. academics regarding current leadership theory and development. Semi structured interviews with academics from a variety of institutional settings in Brazil and the U.S. were content analyzed to identify major themes and tendencies across the two countries. Our analyses revealed that neither Brazilian nor U.S. academics adopted the bulk of current formal leadership thought uncritically. Instead, both the Brazilian and North American business education fields adopted theories selectively and formulated idiosyncratic approaches to the field. The U.S. interviewees appeared to vary much more from one another than the Brazilian scholars, whose positions were more critical but more homogeneous overall. There was also considerable variation across the two national settings. We found Bourdieu’s practice theory useful in interpreting our results, particularly the concepts of field differentiation and heteronomy, habitus, and cultural capital. Still, much research remains to be done to disentangle the purely historical and cultural factors from the impacts of the social construction of the field of business education in the two countries.

Arboviral diseases in the Western Brazilian Amazon: a perspective and analysis from a tertiary health & research center in Manaus, State of Amazonas

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Maria Paula Gomes Mourão

2015-06-01

Full Text Available The Fundação de Medicina Tropical Dr. Heitor Vieira Dourado (FMT-HVD, located in Manaus, the capital of the State of Amazonas (Western Brazilian Amazon, is a pioneering institution in this region regarding the syndromic surveillance of acute febrile illness, including arboviral infections. Based on the data from patients at the FMT-HVD, we have detected recurrent outbreaks in Manaus by the four dengue serotypes in the past 15 years, with increasing severity of the disease. This endemicity has culminated in the simultaneous circulation of all four serotypes in 2011, the first time this has been reported in Brazil. Between 1996 and 2009, 42 cases of yellow fever (YF were registered in the State of Amazonas, and 71.4% (30/42 were fatal. Since 2010, no cases have been reported. Because the introduction of the yellow fever virus into a large city such as Manaus, which is widely infested by Aedes mosquitoes, may pose a real risk of a yellow fever outbreak, efforts to maintain an appropriate immunization policy for the populace are critical. Manaus has also suffered silent outbreaks of Mayaro and Oropouche fevers lately, most of which were misdiagnosed as dengue fever. The tropical conditions of the State of Amazonas favor the existence of other arboviruses capable of producing human disease. Under this real threat, represented by at least 4 arboviruses producing human infections in Manaus and in other neighboring countries, it is important to develop an efficient public health surveillance strategy, including laboratories that are able to make proper diagnoses of arboviruses.

Unsustainable growth, unsustainable capitalism

DEFF Research Database (Denmark)

Næss, Petter

2006-01-01

problems, but serve to further highlight the difficulties of changing capitalism towards sustainability. In a profit-oriented economy, capital accumulation is a prime driving force, and non-growth for the economy at large tends to result in serious economic and social crises. On the other hand, a de...... according to which the powers and mechanisms of the natural world are considered totally controllable by humans as if they were mere epiphenomena of the human world. On the other hand, the assumptions of certain ecological economists about the possibility of steady-state capitalism disregard the relation...... between capital and surplus value, which constitutes a strong mechanism driving the capitalist economy toward limitless growth....

Cash Holdings Policy: a Dynamic Analysis of Brazilian Companies

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Fadwa Muhieddine Dahrouge

2013-09-01

Full Text Available This paper investigates how corporate cash holdings were adjusted over time for Brazilian companies during the crisis of 2008-2009. We adopt a dynamic model of corporate cash holdings to evaluate the main determinants for the speed of adjustment of cash holdings at the optimum level. We find evidence that: a the adjustment costs of Brazilian companies are high implying a delay in reaching the optimum level of cash; b the low speed adjustment to the optimum level is due to the limited availability of credit and the high cost of bank debt; c during crisis, the changes in working capital are positively related to the level of cash holdings providing evidence that companies prefer finance to growth with liquidity; d companies have looked for long-term financing to secure liquidity rather than investing on fixed assets, implying a negative relationship between investment and cash holding.

Three Worlds of Welfare Capitalism or Four?

OpenAIRE

Mitchell, Deborah; Castles, Francis

1991-01-01

This paper is developed in response to Gosta Esping-Andersen's study, The Three Worlds of Welfare Capitalism (1990), in which he categorizes welfare capitalism as Liberal, Conservative, and Social Democratic. The authors argue that there also exists radical welfare capitalism which describes Australia's welfare state.

Human Capital, Social Classes, and the Earnings Determination Process in Brazilian Agriculture.

Science.gov (United States)

Neves, Jorge A.; Haller, Archibald O.; Fernandes, Danielle C.

This paper examines the process of earnings determination in the agricultural sector of Brazil. Among the main causal factors analyzed are human capital (education and work experience), labor market segmentation, gender, social class position, level of development/modernization, and concentration of land ownership. Data on individuals employed in…

Ochratoxin A in serum of swine from different Brazilian states.

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Krüger, César D; Cavaglieri, Lilia R; Direito, Glória M; Keller, Kelly M; Dalcero, Ana M; da Rocha Rosa, Carlos A

2010-09-01

The aims of the current study were to monitor the presence of ochratoxin A (OTA) in the serum of slaughtered swine and to investigate its distribution in 4 major geographical regions of Brazil. A total of 400 samples of serum were collected from 4 major states of Brazil (100 samples each). Ochratoxin A concentrations were determined by high-performance liquid chromatography. In Santa Catarina State, 60% of the samples had OTA concentrations ranging from 4.01 to 75.4 mg/l. In Mato Grosso State, 75% of the samples had OTA concentrations ranging from 0.17 to 46.79 mg/l. Bahia State samples had OTA concentrations ranging from 2.72 to 4.13 mg/l in 36% of the samples, whereas 68% of the samples from Rio de Janeiro State had OTA concentrations ranging from 0.16 to 115 mg/l. Only Santa Catarina State and Rio de Janeiro State had serum samples that exceeded 75 mg/l OTA in 20% and 2% of the samples, respectively. A direct relationship between the higher concentrations of OTA in serum from the States of Santa Catarina and Rio de Janeiro and the highest concentrations of OTA in food intended for animal consumption in the same 2 Brazilian states was found in the present study. Ochratoxin A distribution in foodstuffs is very heterogeneous, and an alternative method by which to monitor the presence of OTA in feed includes analyzing swine serum samples, which reflect the toxin content of the ingested feed. This strategy could prevent the occurrence of ochratoxicosis in animal production, reduce economic losses, and minimize hazards to human health.

From Bishop to President: historical and mediatic constructions of the Paraguayan president Fernando Lugo in brazilian weekly magazines

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Rafael Foletto

2011-12-01

Full Text Available This article’s purpose is to understand the historical and mediatic constructions made bay brazilian magazines about Bishop Fernando Lugo, in its path from priesthood to president of Paraguay in 2008, and the repercussions of those in the diplomatic relations between the two countries. The research identified, analyzed and questioned the communication processes promoted by the brazilian ma- gazines Carta Capital, Época, Isto É and Veja, from 2007 to 2010, questioning and problematizing the construction of the symbolic representation of the new politi- cal actor, Paraguayan president Fernando Lugo.

Estimating forest biomass and identifying low-intensity logging areas using airborne scanning lidar in Antimary State Forest, Acre State, Western Brazilian Amazon

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Marcus V.N. d' Oliveira; Stephen E. Reutebuch; Robert J. McGaughey; Hans-Erik. Andersen

2012-01-01

The objectives of this study were to estimate above ground forest biomass and identify areas disturbed by selective logging in a 1000 ha Brazilian tropical forest in the Antimary State Forest using airborne lidar data. The study area consisted of three management units, two of which were unlogged, while the third unit was selectively logged at a low intensity. A...

Economic Analysis of Social Common Capital

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Uzawa, Hirofumi

2005-06-01

Social common capital provides members of society with those services and institutional arrangements that are crucial in maintaining human and cultural life. The term æsocial common capital' is comprised of three categories: natural capital, social infrastructure, and institutional capital. Natural capital consists of all natural environment and natural resources including the earth's atmosphere. Social infrastructure consists of roads, bridges, public transportation systems, electricity, and other public utilities. Institutional capital includes hospitals, educational institutions, judicial and police systems, public administrative services, financial and monetary institutions, and cultural capital. This book attempts to modify and extend the theoretical premises of orthodox economic theory to make them broad enough to analyze the economic implications of social common capital. It further aims to find the institutional arrangements and policy measures that will bring about the optimal state of affairs.

Measuring social capital through multivariate analyses for the IQ-SC.

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Campos, Ana Cristina Viana; Borges, Carolina Marques; Vargas, Andréa Maria Duarte; Gomes, Viviane Elisangela; Lucas, Simone Dutra; Ferreira e Ferreira, Efigênia

2015-01-20

Social capital can be viewed as a societal process that works toward the common good as well as toward the good of the collective based on trust, reciprocity, and solidarity. Our study aimed to present two multivariate statistical analyses to examine the formation of latent classes of social capital using the IQ-SC and to identify the most important factors in building an indicator of individual social capital. A cross-sectional study was conducted in 2009 among working adolescents supported by a Brazilian NGO. The sample consisted of 363 individuals, and data were collected using the World Bank Questionnaire for measuring social capital. First, the participants were grouped by a segmentation analysis using the Two Step Cluster method based on the Euclidian distance and the centroid criteria as the criteria for aggregate answers. Using specific weights for each item, discriminant analysis was used to validate the cluster analysis in an attempt to maximize the variance among the groups with respect to the variance within the clusters. "Community participation" and "trust in one's neighbors" contributed significantly to the development of the model with two distinct discriminant functions (p < 0.001). The majority of cases (95.0%) and non-cases (93.1%) were correctly classified by discriminant analysis. The two multivariate analyses (segmentation analysis and canonical discriminant analysis), used together, can be considered good choices for measuring social capital. Our results indicate that it is possible to form three social capital groups (low, medium and high) using the IQ-SC.

The Brazilian business and growth cycles

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Chauvet Marcelle

2002-01-01

Full Text Available This paper uses several produceres to date and analyse the Brazilian business and growth cycles. In particular, a Markov switching model is fitted to quarterly and annual real production data. The smoothed probabilities of the Markov states are used as predictive rules to define different phases of cyclical fluctuations of real Brazilian production. The results are compared with different non-parametric rules. All methods implemented yield similar dating and reveal asymmetries across the different states of the Brazilian business and growth cycles, in which slowdowns and recessions are short and abrupt, while high growth phases and expansions are longer and less steep. The resulting dating of the Brazilian economic cycles can be used as a reference point for construction and evaluation of the predictive performance of coincident, leading, or lagging indicators of economic activity. In addition, the filtered probabilities obtained from the Markov switching model allow early recognition of the transition to a new business cycle phase, wich can be used, for example, for evaluation of the adequate strength and timing of countercyclical policies, for reassessment of projected sales or profits by businesses and investors, or for monitoring of inflation pressures.

Green capitalism? Global climate change, global competition between states, and the prevention of the energy turnaround; Gruener Kapitalismus? Klimawandel, globale Staatenkonkurrenz und die Verhinderung der Energiewende

Energy Technology Data Exchange (ETDEWEB)

Rest, Jonas

2011-07-01

Transnational groups call for green capitalism as well as the governments of leading states. In spite of this, international climate conferences are failing, and CO2 emissions are ever-increasing. A climate catastrophe that will threaten the lives of millions is getting increasingly probable. The book states that green capitalism will be impossible unless the power of fossil industries can be broken. These industries are among the strongest and best-organized capital groups and have decisive relevance for the competition strategies of the most powerful states of the world. (orig./RHM)

Social Capital, Economic Growth and Transition Economies

DEFF Research Database (Denmark)

Svendsen, Gert Tinggaard

1998-01-01

transactions to take place without third-party enforcement. Theory and lessons from empirical evidence lead to three general recommendations for building social capital in the future: First, the state must withdraw and minimize its role in the economy so to leave room for voluntary organization and free......Summary: What does social capital mean and how can it be built? Social capital is considered as a new production factor which must be added to the conventional concepts of human and physical capital. Social capital is productive because it increases the level of trust in a society and allows more......-trade. Second, state withdrawal should be combined with efforts to increase economic growth and gain popular support for the implementation of reforms. Third, voluntary groups, beneficial to the economy, should not be institutionalized to prevent them from turning into harmful rent-seeking groups....

Corporal and capital punishment of juveniles.

Science.gov (United States)

Frazier, H C

1990-01-01

There is a previously unobserved connection between corporal punishment of public school children and capital punishment of juveniles. Both are barometers of acceptable levels of violent punishment and their elimination is a hallmark of a maturing and decent society. Within a majority of the eighteen states where school authorities most frequently strike children are housed 25 of the nation's 28 juvenile death row inmates. On average, the homicide rates of these jurisdictions are two and a half times greater than those that have abolished both state-sanctioned corporal and capital punishment or limit death sentences to those age eighteen and older at the time of their crime(s). Most of the eighteen state abolitions of corporal punishment occurred in the 1980's. The US Supreme Court has ruled both corporal and capital punishment of juveniles constitutional. Additional state legislative abolition of both is anticipated in the 1990s.

Principals' Human Capital Development Practices for Enhancing Staff Personnel Administration in Secondary Schools in Oyo State, Nigeria

Science.gov (United States)

Chidi, Nnebedum; Victor, Akinfolarin Akinwale

2017-01-01

Unsatisfactory performance of secondary school students in external examinations in Oyo State seems to suggest lapses in principals' application of human capital development practices especially in the areas of training and mentoring of teachers to enhance instructional delivery. This unpleasant state of affair necessitated the researchers to…

Poverty in the Brazilian Amazon: An Assessment of Poverty Focused on the State of Para

OpenAIRE

Verner, Dorte

2004-01-01

The states in the Brazilian Amazon have made progress in reducing poverty and improving social indicators in the last decade. Despite this progress, the poverty rate in the Amazon is among the highest in Brazil. As of 2000, rural poverty is the greatest challenge. In Par?, not only is the headcount poverty rate of 58.4 percent in rural areas more than 55 percent higher than headcount pover...

In-use product stocks link manufactured capital to natural capital.

Science.gov (United States)

Chen, Wei-Qiang; Graedel, T E

2015-05-19

In-use stock of a product is the amount of the product in active use. In-use product stocks provide various functions or services on which we rely in our daily work and lives, and the concept of in-use product stock for industrial ecologists is similar to the concept of net manufactured capital stock for economists. This study estimates historical physical in-use stocks of 91 products and 9 product groups and uses monetary data on net capital stocks of 56 products to either approximate or compare with in-use stocks of the corresponding products in the United States. Findings include the following: (i) The development of new products and the buildup of their in-use stocks result in the increase in variety of in-use product stocks and of manufactured capital; (ii) substitution among products providing similar or identical functions reflects the improvement in quality of in-use product stocks and of manufactured capital; and (iii) the historical evolution of stocks of the 156 products or product groups in absolute, per capita, or per-household terms shows that stocks of most products have reached or are approaching an upper limit. Because the buildup, renewal, renovation, maintenance, and operation of in-use product stocks drive the anthropogenic cycles of materials that are used to produce products and that originate from natural capital, the determination of in-use product stocks together with modeling of anthropogenic material cycles provides an analytic perspective on the material linkage between manufactured capital and natural capital.

Venture Capital Initiative: Ohio's School Improvement Effort.

Science.gov (United States)

Yoo, Soonhwa; Loadman, William E.

In 1994 the Ohio State Legislature established Venture Capital to support school restructuring. The Venture Capital school initiative is a concept borrowed from the business community in which the corporate entity provides risk capital to parts of the organization to stimulate creative ideas and to provide opportunities for local entities to try…

Dollars for lives: the effect of highway capital investments on traffic fatalities.

Science.gov (United States)

Nguyen-Hoang, Phuong; Yeung, Ryan

2014-12-01

This study examines the effect of highway capital investments on highway fatalities. We used state-level data from the 48 contiguous states in the United States from 1968 through 2010 to estimate the effects on highway fatalities of capital expenditures and highway capital stock. We estimated these effects by controlling for a set of control variables together with state and year dummy variables and state-specific linear time trends. We found that capital expenditures and capital stock had significant and negative effects on highway fatalities. States faced with declines in gas tax revenues have already cut back drastically on spending on roads including on maintenance and capital outlay. If this trend continues, it may undermine traffic safety. While states and local governments are currently fiscally strained, it is important for them to continue investments in roadways to enhance traffic safety and, more significantly, to save lives. Copyright © 2014 National Safety Council and Elsevier Ltd. All rights reserved.

Capital social y consejos de salud en Brasil: ¿un círculo virtuoso? Social capital and health councils in Brazil: a virtuous circle?

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Maria Eliana Labra

2002-01-01

Full Text Available El artículo discute, en primer lugar, concepciones relativas al capital social, sus aplicaciones y limitaciones. En segundo lugar, aborda esas concepciones como recurso teórico utilizado por académicos para reflexionar sobre posibles salidas frente al desencanto y a la apatía ciudadana con las frágiles instituciones políticas que han acompañado los procesos de redemocratización en América Latina. En tercer lugar, examina los consejos de salud de Brasil buscando escudriñar en qué medida esa amplia y rica experiencia de movilización y participación popular contribuiría al fomento del capital social y, por tanto, a la adhesión a valores cívicos y a la cooperación generalizada.This article begins by discussing the concept of social capital and its applications and limitations. Second, it examines these theoretical contributions as approaches actually used by scholars to analyze the disenchantment with the fragile political institutions and citizens' apathy that emerged together with re-democratization processes in Latin America. Third, it focuses on the role of the Brazilian health councils, seeking insights from this vast and rich experience of popular mobilization and participation to shed light on the councils' contributions in fostering behaviors inherent to social capital, such as civic values and cooperation.

Environmental impacts from the Brazilian Alcohol Program in the State of Rio de Janeiro

International Nuclear Information System (INIS)

Magrini, A.; Nassi, C.D.; Barcellos, P.P.

1987-01-01

This work intends to analyze the environmental impacts from the Brazilian Alcohol Programme (PROALCOOL), specially for the State of Rio de Janeiro. Two distinct phases of the Programme were analyzed: production and consumption. For the former, priority was given to the industrial process, trying to identify the main pollutants and their quantities which are dropped into the rivers and launched to the atmosphere. In the same manner, we try to identify the main pollutants and their quantities for the consumption phase. (author)

Parenting styles as a tobacco-use protective factor among Brazilian adolescents.

Science.gov (United States)

Tondowski, Cláudia S; Bedendo, André; Zuquetto, Carla; Locatelli, Danilo P; Opaleye, Emérita S; Noto, Ana R

2015-12-01

The objective was to evaluate the relationship between tobacco use (previous month and frequent use), parenting styles and parental smoking behavior in a sample of high school students. Participants were recruited from public and private high schools from 27 Brazilian state capitals (N = 17,246). The overall prevalence of tobacco use in life was 25.2%; 15.3% in the previous year; 8.6% in the previous month; and 3.2% for frequent use. Tobacco use by the parents was reported by 28.6% of the students. Regarding parenting styles, 39.2% were classified as negligent, 33.3% authoritative, 15.6% as indulgent and 11.9% authoritarian. Compared to adolescents with authoritative parents, those with negligent or indulgent parents were more prone to report tobacco use during the last month or frequent use. This study showed an association between parenting styles and tobacco use by high school students. Authoritative parents were associated with protection from frequent and previous month tobacco use among adolescents.

Mortalidade por câncer de cólon e reto e consumo alimentar em capitais brasileiras selecionadas Colorectal cancer mortality and diet patterns in selected Brazilian State capitals

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Fabrícia Junqueira das Neves

2006-03-01

Full Text Available As taxas de mortalidade por câncer de cólon e reto mostram uma variação regional no Brasil e a heterogeneidade do padrão alimentar nas suas regiões geográficas poderia possivelmente explicar, pelo menos em parte, essas diferenças. Um estudo ecológico foi realizado com o objetivo de identificar possíveis associações entre padrões de consumo alimentar e taxas de mortalidade padronizadas por idade em capitais brasileiras selecionadas. O padrão de consumo alimentar em cada capital foi caracterizado com base no consumo de grupos de alimentos associados a essa neoplasia na literatura. Os dados de consumo de alimentos foram obtidos no ENDEF (Estudo Nacional de Despesas Familiares. A regressão linear múltipla foi utilizada para analisar as correlações entre as taxas de mortalidade e as variáveis alimentares. Essas taxas mostraram uma correlação positiva com o consumo de calorias, cereais, carnes, ovos/leite e legumes/frutas. Quando ajustado por consumo calórico total, carne e legumes/frutas foram as únicas variáveis que mantiveram uma correlação positiva. O modelo multivariado final com essas variáveis foi capaz de explicar 92% da variação das taxas de mortalidade nas capitais selecionadas. Esses resultados sugerem que diferenças no consumo calórico total e no consumo de carne e legumes/frutas poderiam explicar, parcialmente, os diferentes padrões de distribuição da mortalidade por câncer de cólon e reto no Brasil.Mortality rates for colorectal cancer show regional variations in Brazil, and the heterogeneous dietary profile observed in its geographic regions could possibly explain, at least partially, these different patterns. An ecological study was conducted to identify possible associations between dietary consumption profiles and age-standardized mortality rates for colorectal cancer in selected state capitals. The dietary profile in each capital was characterized on the basis of the consumption of groups of foods

BRAZILIAN ADMINISTRATION, ADMINISTRATIVE REFORM AND THE NEW STATE: THE ROLE OF ADMINISTRATIVE APPARATUS IN VARGAS ADMINISTRATION

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Emerson Moura

2016-07-01

Full Text Available The role played by the administrative apparatus through the Department of Administrative Services in the Government policy Vargas is the object put in debate. Analyzes the theme from the the investigation of patrimonial, authoritarian and inefficient context which marks the formation and development of administrative bureaucracy, the tenders of professionalization and efficiency brought by the administrative reforms of the 1930s and 1940s with the contrast of the limitations of the import of the Weberian model in the Brazilian context and analysis of the establishment of the New State DASP and their assignments. Search the work demonstrate the control position he held directly and through the State Departments in the Brazilian Public Administration ensuring centralized and developmental policy of the government. For this is adopted as the research method of approach structuralism in order to identify the deconstruction of the phenomenon - of administrative reforms - in the superficial perception - the proposed impersonality and efficiency as the best way of achieving the public interest - its invariant structure - the search for the adequacy of the administrative apparatus and bureaucracy for pursuit of political ends pursued by the Government.

Are Country and Size Risks Priced in the Brazilian Stock Market?

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Antonio Zoratto Sanvicente

2017-03-01

Full Text Available When estimating a firm’s cost of equity for valuation and other purposes in emerging markets without (or with only partial capital market integration, many practitioners include a premium for country risk. In principle, the inclusion of such a risk factor would be justified if the particular country of interest was not sufficiently integrated into the global capital market. Initially, the paper measures and tests the degree of integration for the Brazilian market and does not reject the hypothesis of integration. The paper then tests directly the relevance of country risk premium in individual stocks’ expected returns in the Brazilian market. Monthly data for the stocks of 57 of the most actively traded, non-financial firms, over the 2004 to 2014 period are used, using EMBI (Emerging Markets Bond Index as a proxy for country risk, and this is found not to be significant. Finally, a premium for the size factor, also commonly used by practitioners, is also tested. Although it is found to be significant, the premium is negative, in contrast with current practice, which entails the addition of a positive premium to the required returns on small stocks. The inclusion of both a country risk and a size premium, in addition to the market portfolio risk premium, corresponds to the use of the Goldman Sachs model, as proposed by Mariscal and Lee (1993.

Lifestyles in Brazilian capitals according to the National Health Survey and the Surveillance System for Protective and Risk Factors for Chronic Diseases by Telephone Survey (Vigitel), 2013.

Science.gov (United States)

Malta, Deborah Carvalho; Iser, Betine Pinto Moehlecke; Santos, Maria Aline Siqueira; Andrade, Silvânia Suely de Araújo; Stopa, Sheila Rizzato; Bernal, Regina Tomie Ivata; Claro, Rafael Moreira

2015-12-01

To describe risk and protective factors for chronic diseases, in Brazilian capitals and the Federal District, collected by the National Health Survey (PNS) and by the Surveillance System for Protective and Risk Factors for Chronic Diseases by Telephone Survey (Vigitel) in 2013. Data analysis of the studies conducted by the PNS and Vigitel in 2013 was performed. Indicators analyzed were: smoking, alcohol consumption, diet, and physical activity, according to sex, with a 95% confidence interval. The prevalences found were: current cigarette smokers: PNS, 12.5% and Vigitel, 11.3%; abuse of alcoholic beverages: PNS, 14.9% and Vigitel, 16.4%; recommended intake of fruits and vegetables: PNS, 41.8% and Vigitel, 23.6%; and physical activity in leisure time: PNS, 26.6% and Vigitel, 35.8%. In the majority of indicators, the results were similar, especially when the questions and response options were equal. Surveys are useful for the monitoring of risk and protective factors of noncommunicable diseases and can support health promotion programs.

[Efficiency of Brazilian States and the Federal District in the public kidney transplant system based on DEA (Data Envelopment Analysis) and the Malmquist index].

Science.gov (United States)

Costa, Cassia Kely Favoretto; Balbinotto Neto, Giácomo; Sampaio, Luciano Menezes Bezerra

2014-08-01

The objective of this study was to evaluate the efficiency of Brazilian States and the Federal District in the public kidney transplant system and their productivity trends from 2006 to 2011. The authors used Data Envelopment Analysis (DEA) with slack and the Malmquist index with slack. Inputs included spending on hospital services and health professionals in the system. The output was the number of kidney transplants performed in each State. The data showed a significant discrepancy between States in the number of kidney transplants. The transplant system's inefficiency may result from inadequate management, failure to comply with national guidelines, inactive hospital transplant committees, and overburdened hospital staff. Institutional changes promoted by the Brazilian Ministry of Health (procedures improvement and standardization) failed to increase productivity in most States during this period.

Education - an investment in human capital

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Daniela Neamţu

2012-12-01

Full Text Available Formal education, personal abilities and the health state play an important role in this paper. Those are all essential constituent elements of the human capital. In the present paper we intend to present briefly the fundamental concepts of the human capital, with an emphasis on education and abilities. We also mark out the importance of the human capital development in the purpose of maintaining the development and the motivation of the human resources, which are the main premises organizations need to capitalize. The higher education has a determinant role in the attainment of this desideratum.

12 CFR 208.4 - Capital adequacy.

Science.gov (United States)

2010-01-01

... Banking FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM MEMBERSHIP OF STATE BANKING INSTITUTIONS IN THE FEDERAL RESERVE SYSTEM (REGULATION H) General Membership and Branching Requirements § 208.4 Capital adequacy. (a) Adequacy. A member bank's capital, as defined in appendix A to this...

Overconfidence, Managerial Optimism, and the Determinants of Capital Structure

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Alexandre di Miceli da Silveira

2008-12-01

Full Text Available This research examines the determinants of the capital structure of firms introducing a behavioral perspective that has received little attention in corporate finance literature. The following central hypothesis emerges from a set of recently developed theories: firms managed by optimistic and/or overconfident people will choose more levered financing structures than others, ceteris paribus. We propose different proxies for optimism/overconfidence, based on the manager’s status as an entrepreneur or non-entrepreneur, an idea that is supported by theories and solid empirical evidence, as well as on the pattern of ownership of the firm’s shares by its manager. The study also includes potential determinants of capital structure used in earlier research. We use a sample of Brazilian firms listed in the Sao Paulo Stock Exchange (Bovespa in the years 1998 to 2003. The empirical analysis suggests that the proxies for the referred cognitive biases are important determinants of capital structure. We also found as relevant explanatory variables: profitability, size, dividend payment and tangibility, as well as some indicators that capture the firms’ corporate governance standards. These results suggest that behavioral approaches based on human psychology research can offer relevant contributions to the understanding of corporate decision making.

[Method for projecting indicators for the goals of the Strategic Action Plan for Tackling Chronic Non-Communicable Diseases in Brazil according to Capitals and the Federal District].

Science.gov (United States)

Bernal, Regina Tomie Ivata; Malta, Deborah Carvalho; Iser, Betine Pinto Moehlecke; Monteiro, Rosane Aparecida

2016-01-01

to present the indicators' projection method of the Strategic Action Plan for Tackling Chronic Non-Communicable Diseases (NCDs) in Brazilian State capitals and the Federal District, 2012-2022. simple linear regression model was used to calculate the indicators' projections with data from the Surveillance System of Risk and Protective Factors for Chronic Diseases by Telephone Survey (Vigitel). in most of the capitals, there was an increase in the prevalence of obesity (annual change: 0.36%;1.29%), overweight (annual change: 1.11%;2.00%), recommended (annual change: 1.45%;2.66%) and regular (annual change: 0.45%;1.46%) consumption of fruits and vegetables; smoking presented a decreasing trend (annual change: -1.34%;-0.20%); whereas physical inactivity, heavy drinking and mammography and Pap smears examinations were stable. most of the goals are possible; however, effective actions are necessary, especially for tackling overweight and heavy drinking.

Trading Fees and Slow-Moving Capital

OpenAIRE

Buss, Adrian; Dumas, Bernard J

2015-01-01

In some situations, investment capital seems to move slowly towards profitable trades. We develop a model of a financial market in which capital moves slowly simply because there is a proportional cost to moving capital. We incorporate trading fees in an infinite-horizon dynamic general-equilibrium model in which investors optimally and endogenously decide when and how much to trade. We determine the steady-state equilibrium no-trade zone, study the dynamics of equilibrium trades and prices a...

Low Sensitivity of the Mini-Mental State Examination for Cognitive Assessment of Brazilian Patients With Parkinson Disease.

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Breder, Raphael; Leite, Marco Antonio Araujo; Pinto, Jony Arrais; Cavalcante, Igor Pinto; Pessoa, Bruno Lima; Neves, Marco Antônio Orsini

2017-11-01

Recent publications have highlighted the low sensitivity of the Mini-Mental State Examination (MMSE) for the cognitive assessment of patients with Parkinson disease (PD). The Montreal Cognitive Assessment (MoCA), otherwise, has shown greater sensitivity when compared to the MMSE. Based on this, we have searched for the cognitive impairment measurable by the MoCA and the functional performance on activities of daily living in a sample of Brazilian patients with PD and normal MMSE. We hypothesized that the low sensitivity of the MMSE, already shown by other authors, could be replicated in a low-income country. To describe the performance on the MoCA and the dependence on third parties for activities of daily living in a sample of Brazilian patients with PD and normal MMSE. We evaluated 43 volunteers with PD and normal MMSE considering the Brazilian cutoffs. Cognitive performance was assessed through the MoCA and functional performance through a modified version of the Disability Assessment for Dementia Scale. Despite normal score on the MMSE, considering the Brazilian cutoffs, 62.7% of the volunteers performed below the literature cutoff for the MoCA (26 points). Furthermore, 30.2% had dependence on third party for activities of daily living. By using a strict cutoff for the MMSE (26 points), 56.7% performed below the MoCA cutoff and 24.3% had dependence for activities of daily living. Our findings confirm the limitations of the MMSE for the cognitive screening of patients with PD in a low-income country.

Evaluation of the effect of sector capital assets use efficiency on capital productivity ratio in Ukraine

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Ohdanskiy K. M.

2015-05-01

Full Text Available The real state of the capital assets’ disposal through the national economy sectors is determined in comparison with the result of capital assets use in the country’s economic complex in general in the time period of 1990-2012. It has been proved that the apparent total results regarding efficiency achieved in capital assets use through the sectors of economy do not demonstrate their real effect on the capital productivity ratio of the national economy in the whole. Analysis of the effect of the labor instruments concentrated in the national economy sectors on the national capital productivity ratio has been made. The sectors with their stuff which really determine the level of capital assets use in the country have been identified. Existence and development of the institute of economic initiatives have been proved. The fact is that the economic initiatives mentioned above concentrate their efforts on the improvement of capital assets use and the need to attract attention of the subjects of economic activities to the social development concept.

THE IMPACT OF INFLATION ON LEVEL OF DEBT OF BRAZILIAN FINANCIAL INSTITUTIONS

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Carlos André Marinho Vieira

2016-03-01

Full Text Available Financial institutions are naturally leveraged companies that use their debt to aim for profit in their operations. The role of financial intermediary gives these institutions the context needed to use financial leverage for profit. Among the several variables used in debt levels of these institutions, Hortlund (2005 highlights inflation as having a central role in this phenomenon. This study aimed to find out how inflation influences the debt of Brazilian financial institutions. To achieve this goal, data of brazilian banks from 1996 to 2013 were analyzed, being related to other variables in order to allocate more consistency of the model used. Through balanced and unbalanced panel data regressions, results indicate that different from the hypothesis defended by Hortlund (2005, inflation has a negative impact on debt earned by financial institutions during the period. Other findings of the study indicate that the representative variables of increased operations of these institutions, such as GDP growth, growth of assets and loans/assets positively impact the leverage of financial institutions, indicating that these are more likely to go into debt when they can apply this capital in productive operations. Finally, it was found out that the guidelines contained in the Capital Accords Basel II and Basel III, which were required by the national financial system, influenced negatively the levels of debt of financial institutions, making them less leveraged.

Capital-Skill Complementarity and Rigid Relative Wages

DEFF Research Database (Denmark)

Rose Skaksen, Jan; Sørensen, Anders

2004-01-01

be countercyclical. The labor market is competitivein the United States and therefore relative wages of skilled labor are expected to becountercyclical. We find that the business cycle development of the two economiesis consistent with capital-skill complementarity.Keywords: capital-skill complementarity, relative......The relative demand for skills has increased considerably in many OECD countriesduring recent decades. This development is potentially explained by capital-skillcomplementarity and high growth rates of capital equipment. When productionfunctions are characterized by capital-skill complementarity......, relative wages and employmentof skilled labor are countercyclical because capital equipment is a quasi-fixed factor in the short run. The exact behavior of the two variables depends onrelative wage flexibility. Relative wages are rigid in Denmark, implying that the employmentshare of skills should...

Brazilian energy balance 2006: calendar year 2005

International Nuclear Information System (INIS)

2006-01-01

This report shows the energy flows of different primary and secondary sources, from the production to the final consumption in all the sectors of the Brazilian economy, for the calendar year 2006. It is divided into nine chapters: energy analysis and aggregated data; energy supply and consumption by source 1990/2005; energy consumption by sector 1990/2005; energy import and export 1990/2005; transformation center balances 1990/2005; Brazilian energy resources and reserves 1974/2005; energy and socio-economic 1990/2005; federal states data and appendices including installed capacity; world energy data; general structure of the Brazilian Energy Balance; treatment of information; conversion units and consolidated Energy Balance 1970-2005

Modelling sustainable international tourism demand to the Brazilian Amazon

OpenAIRE

Divino, Jose Angelo; McAleer, Michael

2008-01-01

The Amazon rainforest is one of the world's greatest natural wonders and holds great importance and significance for the world's environmental balance. Around 60% of the Amazon rainforest is located in the Brazilian territory. The two biggest states of the Amazon region are Amazonas (the upper Amazon) and Para (the lower Amazon), which together account for around 73% of the Brazilian Legal Amazon, and are the only states that are serviced by international airports in Brazil's North region. Th...

Tax Neutrality on International Capital Investments

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Gizem KAPUCU

2017-07-01

Full Text Available The tax policies which states follow with regard to developing technology and capital investments with raising mobility due to globalism are need to be discussed in its legal basis. The principle of tax neutrality has the aim of being legal foundation for these policies. According to this, the neutrality principle in taxation of international capital investments is provided with two measures, namely; not effecting the investment decision and not discriminate between investments. In this paper, initially focused on the conceptual framework and the foundations of the tax neutrality principle and later capital export neutrality and capital import neutrality are considered and explained with regard to international capital movements. Moreover, conformity and diversion to the principle of the current situation and regulations in OECD, EU and Turkey are examined.

International competitiveness of brazilian and paraná state`s coffe complex / Competitividade internacional do complexo cafeeiro brasileiro e paranaense

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Marcela Vasques Cintra

2008-08-01

Full Text Available The objective of this article is to analyze the determinants aspects of the competitiveness of the exportations of the coffee complex in Paraná State between 1990 and 2003 . The study intends to systematize: the recent literature on the subject, focusing the competitiveness of the main products of the brazilian guideline of exportations. A critical review of literature was made about the theories of international trade and competitiveness. It was characterized the dynamics of the complex of Brazilian coffee. The article identifies the competitive advantages of the Paraná coffee (green, roasted, soluble and special in relation to the competing countries; discusses the barriers to imports imposed to the brazilian coffee by the importing countries, and ends with the possible public and private policies favorable to the competitiveness of the coffee exportations.O objetivo deste artigo é analisar os determinantes da competitividade das exportações do complexo cafeeiro paranaense entre 1990 e 2003. O estudo pretende sistematizar: a literatura recente sobre o tema, enfocando a competitividade de um dos principais produtos da pauta de exportações brasileira e do Paraná. Realizou-se a revisão crítica da literatura das teorias do comércio internacional e da competitividade e em seguida, caracterizou-se a dinâmica do complexo cafeeiro do brasileiro e paranaense. O artigo identifica as vantagens competitivas do café paranaense (verde, torrado, solúvel e especial em relação aos países concorrentes; discute as barreiras às importações impostas ao café brasileiro pelos países importadores; e finaliza com as possíveis políticas públicas e privadas favoráveis à competitividade das exportações de café.

Demystifying "oxi" cocaine: Chemical profiling analysis of a "new Brazilian drug" from Acre State.

Science.gov (United States)

da Silva Junior, Ronaldo C; Gomes, Cezar S; Goulart Júnior, Saulo S; Almeida, Fernanda V; Grobério, Tatiane S; Braga, Jez W B; Zacca, Jorge J; Vieira, Maurício L; Botelho, Elvio D; Maldaner, Adriano O

2012-09-10

Recent information from various sources suggests that a new illicit drug, called "oxi", is being spread across Brazil. It would be used in the smoked form and it would look like to crack cocaine: usually small yellowish or light brown stones. As fully released in the media, "oxi" would differ from crack cocaine in the sense that crack would contain carbonate or bicarbonate salts whereas "oxi" would include the addition of calcium oxide and kerosene (or gasoline). In this context, this work presents a chemical profiling comparative study between "oxi" street samples seized by the Civil Police of the State of Acre (CP/AC) and samples associated with both international and interstate drug trafficking seized by the Brazilian Federal Police in Acre (FP/AC). The outcome of this work assisted Brazilian authorities to stop inaccurate and alarmist releases on this issue. It may be of good use by the forensic community in order to better understand matters in their efforts to guide local law enforcement agencies in case such claims reach the international illicit market. Copyright © 2012 Elsevier Ireland Ltd. All rights reserved.

Leading Schools of Education in the Context of Academic Capitalism: Deans' Responses to State Policy Changes

Science.gov (United States)

McClure, Kevin R.; Teitelbaum, Kenneth

2016-01-01

State education policy changes have contributed to a reduced interest in teaching and a decreased enrollment in education degree programs in North Carolina, USA. Pressure to cut budgets and generate revenue has added to a climate of academic capitalism influencing the ways in which deans lead schools of education. The purpose of this mixed-methods…

[(Re)configuration of the nursing field in the new state (1937-1945)].

Science.gov (United States)

Barreira, Ieda de Alencar; Baptista, Suely de Souza

2002-01-01

The subject of this study is the changes the nursing field went through during the period called Novo Estado. Analyze the nursing environment in the Federal Capital during the period mentioned; discuss the effects of the influence of the Catholic Church and nurses of the American government in the Brazilian nursing environment. Documents obtained from the Documentation Center in Anna Nery/UFRJ School of Nursing and from literature on the topic. The interpretation of the findings was based on the Theory of the Social World by Pierre Bourdieu. Results showed deep changes in terms of professional education, labor market and institutionalization of the nursing assistance in a period (after the World War II) in which the Catholic Church and the United States had increased their power and influence. This new context determined the reconfiguration of the identity of Brazilian nurses and of the nursing field.

CAPITAL STRUCTURE AND VENTURE CAPITAL

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Becsky-Nagy Patricia

2015-07-01

Full Text Available Venture capital significantly changes the capital structure of the portfolio company at the time of the investment. Venture capitalists contribute to the company’s success through their active involvement in the management and their added value appears in the increase of the value of the equity. At the same time with taking active role in the management, agency problem occurs, that complicates the cooperation and the success of exit. In this article we search the answer for the question whether the preferred equity, that are commonly used in the US for bridging the agency problem, are used and able to help Hungarian venture capitalists to manage agency problems. On the other hand we examined how the venture capital affect capital structure, how the venture capitalists value added appear in the capital structure. During the evaluation of the three case studies, we came to the conclusion, that the venture capital investments have positive effect on the liabilities of the enterprises, as the capital structure indexes show. However, the investors need the ownership, which help them to step up resolutely, when things change for the worse, and companies need the expertise, which the investors bring with their personal assistance. The investor’s new attitude also has positive effect on a mature company, which has an experienced leader, because he can show another aspect, as a person who come from outside. During the examination of the capital structure, we cannot disregard the events of the company’s environment, which have effects on the firm. The investor’s decisions also appear different ways. Because of this, every venture capital investment is different, just as the capital structure of the firms, in which they invest.

A controladoria e o capital intelectual: um estudo empírico sobre sua gestão The controllership and the intellectual capital: an empirical study on its management

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Maria Thereza Pompa Antunes

2006-08-01

Full Text Available Este estudo objetivou investigar a adequação do Sistema de Informações Contábeis Gerenciais de grandes empresas brasileiras à gestão do Capital Intelectual. Assumiu-se a Controladoria como a área na empresa mais adequada para identificar, avaliar e mensurar esses elementos e para disponibilizar as informações necessárias à gestão das empresas no atingimento de sua missão. A pesquisa do tipo exploratória está baseada em uma amostra composta por 30 gestores de grandes empresas brasileiras. A análise dos dados, tratados por meio do método qualitativo (Análise de Conteúdo, permitiu verificar que a grande maioria dos gestores realiza investimentos em elementos do Capital Intelectual e que atribuíram indicadores para avaliar esses investimentos, mas não de forma integrada que permita a quantificação correta dos valores investidos e a avaliação do retorno desses investimentos. Por outro lado, os gestores mostraram-se receptivos a aplicar um modelo de gestão para tal fim e consideraram a Controladoria como a área mais adequada para gerenciar esse modelo.The purpose of this essay is to investigate through the Controlling Departments how the Management Information Systems in large Brazilian companies treat investments on Intellectual capital elements. It has been assumed that the Controlling Department is the companies' most adequate area to identify, evaluate and measure such elements, and to provide the managerial information required for the accomplishment of each company's mission. The exploratory research is based on a sample of 30 managers of large Brazilian companies. The qualitative analysis of the data collected (Contents Analysis lead us to the conclusion that the great majority of managers invest on detecting Intellectual Capital elements and have tools to evaluate such investment, but not in an integrated manner that permits to correctly quantify the invested amounts and to evaluate the return on the investment. On

Perceived Sleep Quality, Mood States, and Their Relationship With Performance Among Brazilian Elite Athletes During a Competitive Period.

Science.gov (United States)

Brandt, Ricardo; Bevilacqua, Guilherme G; Andrade, Alexandro

2017-04-01

Brandt, R, Bevilacqua, GG, and Andrade, A. Perceived sleep quality, mood states, and their relationship with performance among Brazilian elite athletes during a competitive period. J Strength Cond Res 31(4): 1033-1039, 2017-We described the perceived sleep quality and mood states of elite athletes during a competitive period, and clarified their relationship to athletes' sport performance. Participants were 576 Brazilian elite athletes (404 men and 172 women) of individual and team sports. Mood states were evaluated using the Brunel Mood Scale, whereas perceived sleep quality was evaluated using a single question ("How would you evaluate the quality of your sleep in the last few days?"). Evaluations of mood state and sleep quality were performed up to 60 minutes before national and international sports competitions began. Descriptive and inferential statistics (including logistic regression) were used to evaluate the relationship of sleep quality and mood states with performance (i.e., winning or losing). Athletes typically had good sleep quality and mood states similar to the Iceberg profile (i.e., high vigor and low tension, depression, anger, fatigue, and mental confusion). The Wald test revealed that sleep, anger, tension, and vigor predicted athletes' performance. Specifically, poor sleep quality and low vigor and anger decreased the odds of winning, whereas higher tension increased these odds. The Hosmer-Lemeshow test indicated that the results were sufficiently generalizable. Overall, we observed a significant relationship between sleep and mood states, which in turn both significantly influenced athletes' sports performance. Thus, coaching staff and athletes should monitor athletes' sleep quality before competitions to ensure athletes are in the optimal condition for performance.

CAPITAL PORTADOR DE JUROS E PROGRAMAS DE TRANSFERÊNCIA DE RENDA: monetarização das políticas sociais e contra reforma

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Giselle Souza da Silva

2009-01-01

Full Text Available this article focuses on social policies, from a Marxist analysis about the monetary capital and on its ́ dynamics, which involves the whole society in times of financial capitalism. We discuss how the development process of monetary capital affects social policies in a contemporary basis, imposing them a new financial logic by rearranging the pattern of social protection in the Brazilian society. We understand that it undermines the constitutional victories presented in the Constitution of 1988 regarding the defense of its ́ fundamental principles, as well as the implementation of the policies pursued. Finally, we analyze the way this form of capital expands its ́ dynamics towards the poor people by the programs of income transference and how it promotes the monetary influence over the social policies.

The two forms of capitalism: developmentalism and economic liberalism

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LUIZ CARLOS BRESSER-PEREIRA

Full Text Available ABSTRACT This paper argues that the state and the market are the main institutions regulating capitalism, and, correspondingly, that the form of the economic and political coordination of capitalism will be either developmental or liberal. It defines the developmental state, relates it to the formation of a developmental class coalition, and notes that capitalism was born developmental in its mercantilist phase, turned liberal in the nineteenth century, and, after 1929, became once again developmental, but, now, democratic and progressive. All industrial and capitalist revolutions took place within the framework of developmentalism, whereby the state coordinates the non-competitive sector of the economy and the five macroeconomic prices (which the market is unable to make “right”, while the market coordinates the competitive sector. In the 1970s, a crisis opened the way for a short-lived and reactionary form of capitalism, neoliberalism or rentier-financier capitalism. Since the 2008 Global Financial Crisis, the neoliberal hegemony has come to an end, and we are now experiencing a period of transition.

Academic Capitalism and the New Economy: Markets, State, and Higher Education

Science.gov (United States)

Slaughter, Sheila; Rhoades, Gary

2009-01-01

As colleges and universities become more entrepreneurial in a post-industrial economy, they focus on knowledge less as a public good than as a commodity to be capitalized on in profit-oriented activities. In "Academic Capitalism and the New Economy," higher education scholars Sheila Slaughter and Gary Rhoades detail the aggressive…

Determinants of Success in Private Equity-Venture Capital Investments

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Antonio Gledson de Carvalho

2011-06-01

Full Text Available This paper investigates the determinants of performance of the investments of private equity and venture capital (PEVC funds in Brazil. We use two unique databases: the First Brazilian Private Equity and Venture Capital Census and the Guia-GVcepe Endeavor, with information on this industry for the period 1999 to 2007. As measures of performance we use the percentage and number of exits through IPO, acquisition by a company or by another investor. Our results indicate that the factors influencing the performance of investments are: size of the fund, number of investments, the practice of co-investment, experience and foreign origin of the managing organization, focus on late stage, intensity of contact between managers and portfolio companies and the number of seats on the boards of the invested companies. The number of successes grows with the number of investments at a declining rate. This can indicate 1 a limit to the ability of managers or 2 that a large number of investments allows for greater diversification of risk, directing investments to companies of high risk but with a high upside.

She Is My Language Broker: How Does Cultural Capital Benefit Asian Immigrant Children in the United States?

Science.gov (United States)

Md-Yunus, Sham'ah

2011-01-01

Cultural capital benefits Asian immigrant children when they become language brokers. This skill can also benefit their parents and families in the United States. Language brokering may shape and possibly enhance students' academic performance and can further children's linguistic and academic achievement. (Contains 2 figures and 1 table.)

The species of Colletinae (Hymenoptera: Colletidae) in the Brazilian state of Minas Gerais.

Science.gov (United States)

Ferrari, Rafael R; Silveira, Fernando A

2015-01-28

The Brazilian state of Minas Gerais is a species-rich territory about as large as France, which houses the headwaters of some of the most important rivers in Brazil, as well as a variety of phytogeographic domains, with a poorly known insect fauna. Here, a synopsis of the bee species included in the genera Colletes Latreille, 1802 and Rhynchocolletes Moure, 1943 (Colletidae: Colletinae) occurring in this state is presented, including synonymies, diagnoses, redescriptions and identification keys to females and males of the eight recognized species, including one described as new. These species are Rhynchocolletes albicinctus Moure, 1943; Colletes altimontanus Ferrari & Silveira sp. nov.; C. argentinus Friese, 1908 stat. rev., C. meridionalis Schrottky, 1902; C. ornatus Schrottky, 1902; C. petropolitanus Dalla Torre, 1896; C. rufipes Smith, 1879; and C. rugicollis Friese, 1900. Colletes extensicornis Vachal, 1909 is here proposed to be a junior synonym of C. meridionalis.

Descrying the bourgeoisie: Sugar, capital and state in the Netherlands Indies, circa 1840-1884

Directory of Open Access Journals (Sweden)

G. Roger Knight

2008-12-01

Full Text Available Any attempt to descry the existence of a significant colonial bourgeoisie in Java during the middle decades of the nineteenth century might appear futile. An old, and apparently still lingering, orthodoxy postulates a colonial state uniquely in thrall to a powerful bureaucracy: one that exercised so extensive a control over resources as to largely preclude bourgeois capital formation. On this reading, colonial proprietorship, notably in sugar, was seignorial in nature rather than bourgeois.

Rabies in humans and non-human in the state of Pará, Brazilian Amazon

Directory of Open Access Journals (Sweden)

Marcus Emanuel Barroncas Fernandes

2013-04-01

Full Text Available We evaluate the relationship of positive cases of rabies with the continuing expansion of livestock production, and analyse the trends of this zoonosis in human population in the state of Pará, Brazilian Amazon. The distribution of rabies cases was recorded between 1999 and 2004. Of 148 cases of rabies, 21% were in humans and 79% in non-human mammals. The rapid growth in livestock numbers seems to be associated with the increase of positive cases in bovine livestock transmitted by vampire bats. This idea is supported by positive and significant relationship of both events in time (p < 0.01, but failed when spatial distribution among regions of the state was considered. However, rabies cases tend to occur toward the northeastern of the state of Pará, where rabies cases are proportionally five times greater than other mesoregions, suggesting that increased livestock production may influence the increase of this zoonosis.

Rabies in humans and non-human in the state of Pará, Brazilian Amazon

Directory of Open Access Journals (Sweden)

Marcus Emanuel Barroncas Fernandes

Full Text Available We evaluate the relationship of positive cases of rabies with the continuing expansion of livestock production, and analyse the trends of this zoonosis in human population in the state of Pará, Brazilian Amazon. The distribution of rabies cases was recorded between 1999 and 2004. Of 148 cases of rabies, 21% were in humans and 79% in non-human mammals. The rapid growth in livestock numbers seems to be associated with the increase of positive cases in bovine livestock transmitted by vampire bats. This idea is supported by positive and significant relationship of both events in time (p < 0.01, but failed when spatial distribution among regions of the state was considered. However, rabies cases tend to occur toward the northeastern of the state of Pará, where rabies cases are proportionally five times greater than other mesoregions, suggesting that increased livestock production may influence the increase of this zoonosis.

Models of expected returns on the brazilian market: Empirical tests using predictive methodology

Directory of Open Access Journals (Sweden)

Adriano Mussa

2009-01-01

Full Text Available Predictive methodologies for test of the expected returns models are largely diffused on the international academic environment. However, these methods have not been used in Brazil in a systematic way. Generally, empirical studies proceeded with Brazilian stock market data are concentrated only in the first step of these methodologies. The purpose of this article was test and compare the models CAPM, 3-factors and 4-factors using a predictive methodology, considering two steps – temporal and cross-section regressions – with standard errors obtained by the techniques of Fama and Macbeth (1973. The results indicated the superiority of the 4-fators model as compared to the 3-fators model, and the superiority of the 3- factors model as compared to the CAPM, but no one of the tested models were enough on the explanation of the Brazilian stock returns. Contrary to some empirical evidences, that do not use predictive methodology, the size and momentum effect seem do not exist on the Brazilian capital markets, but there are evidences of the value effect and the relevance of the market for explanation of expected returns. These finds rise some questions, mainly caused by the originality of the methodology on the local market and by the fact that this subject is still incipient and polemic on the Brazilian academic environment.

Brazilian sparkling wine: A successful trajectory

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Wurz Douglas André

2017-01-01

Full Text Available The objective of this study was to explore the evolution of internal and external commercialization of Brazilian sparkling wines during the period between 1986 and 2015, giving an overview of the current situation and its market trends, and highlighting the importance of Brazil in the world scenario for sparkling wines. This research is based on quantitative data sources provided by different institutions: International Organization of Vine and Wine (OIV, Brazilian Union of Viticulture (UVIBRA, Ministry of Agriculture, Livestock and Supply (MAPA and Brazilian Agricultural Research Corporation (EMBRAPA. Brazil is a promising country for the sparkling wine market. From 1986–2015, there was an increase of 465.6% in the sales of sparkling wine in the Brazilian domestic market, especially the last ten, which accounted for an increase of 215.7%. In 1998, Brazilian sparkling wines accounted for 70.5% of sparkling wines sold in Brazil. Today, they represent 82.1%of national market, and proved to be one of the most prestigious products from Brazilian viticulture when compared, for example, to non-sparkling wines, which 79% are imported wines. Of the imported sparkling wines consumed in Brazil, six countries account for 98.5% of the market (France: 32.7%; Italy: 24.8% and Spain: 21.9%. The volume exportation of Brazilian sparkling wine has grown significantly in recent years (4,210.2%, with Paraguay, China, Uruguay, the United States, France and the United Kingdom being the major buyers. The evolution of exports shows that Brazilian sparkling wine becomes an alternative to those produced in traditional countries, such as France, Italy and Spain, due to their quality and price. There is an increase in the commercialization of sparkling wines in the Brazilian domestic market, in addition to the growing participation of Brazil in the volume of exports in the world market, placing Brazil in a leading position in the production and sale of sparkling wines.

The Determinants of State Spending on Higher Education: How Capital Project Funding Differs from General Fund Appropriations

Science.gov (United States)

Ness, Erik C.; Tandberg, David A.

2013-01-01

Our fixed-effects panel data analysis of state spending on higher education fills a near void of studies examining capital expenditures on higher education. In our study, we found that political characteristics (e.g., interest group activity, organizational structure, and formal powers) largely account for differences between general fund and…

31 CFR 223.7 - Investment of capital and assets.

Science.gov (United States)

2010-07-01

... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false Investment of capital and assets. 223... WITH THE UNITED STATES § 223.7 Investment of capital and assets. The cash capital and other funds of... periodically issue instructions for the guidance of companies with respect to investments and other matters...

Top-Down Approach for the Social Capital Development

OpenAIRE

Shah, Syed Akhter Hussain; Shah, Tari shah; Ahmed, Eatzaz

2011-01-01

This study provides the compatibility of top-down approach of the collectivist society with the algebraic representation of social capital matrix [22], which establishes algebraic based model having capability of interpreting the state intervention in building social capital. The study also suggests a policy framework for the developing economic strategies and effective planing at government level regarding social capital development in perspective of top-down approach.

Corporate Governance and determinants of capital structure: empirical evidence from Brazilian markets

OpenAIRE

SILVEIRA, Alexandre Di Miceli da; PEROBELLI, Fernanda Finotti Cordeiro; BARROS, Lucas Ayres Barreira de Campos

2008-01-01

Este estudo investiga empiricamente a influência das práticas de Governança Corporativa [GC] das empresas sobre sua estrutura de capital. A qualidade da governança é mensurada por um índice abrangente proposto em pesquisa anterior e construído para uma amostra de empresas brasileiras com ações negociadas na Bovespa. Modela-se explicitamente, ademais, a possível causalidade bidirecional entre os construtos de interesse, na medida em que, como sugere a literatura especializada, a estrutura de c...

Understanding the evolution of the fiscal situation of the Brazilian states; 2006–2015

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José Luiz Rossi, Júnior

2018-01-01

Full Text Available The text analyzes how the Brazilian states’ fiscal position evolved between 2006 and 2015, with the data revealing a clear deterioration in state-level public finances during that period. The rating methodology developed by the Ministry of Finance is used to show that, when comparing 2006–2008 to 2013–2015, 21 of the 26 states and the Federal District saw their fiscal position deteriorate. The results suggest that after the global financial crisis the states failed to pursue a fiscal rule that would curb the growth of spending in a context of falling revenue and rising debt. The study shows that, despite shrinking revenue, the states maintained the pace of expenditure growth, particularly payroll and pension expenses. Moreover, the text shows that following the crisis, state-level revenue would have declined by even more were it not for a substantial increase in credit inflows. While additional borrowing enabled the states to maintain public investment in the short term, this policy showed to be unsustainable. The paper shows that higher debt and the lack of the adjustment in public spending have a negative impact on state-level investment in the long term. JEL classification: E61, E62, E65, Keywords: Fiscal rules, Brazil, Federalism

Eating practices among low-income overweight /obese Brazilian mothers: a Bourdieusian approach.

Science.gov (United States)

de Morais Sato, Priscila; Dimitrov Ulian, Mariana; Fernandez Unsain, Ramiro; Baeza Scagliusi, Fernanda

2018-05-16

We investigated the eating practices of socially vulnerable overweight and obese Brazilian mothers, exploring the relationships between eating practices, capitals, fields and excess-weight. We conducted a qualitative study involving in-depth interviews of 21 women living in three vulnerable urban regions. Content analyses were performed and codes were used to locate actors in relation to each other in terms of 'capitals' and 'fields', forming a typology based on Bourdieu's theory with five groups. Socioeconomic conditions during childhood and liking to cook were the main characteristics related to each group's distinct eating practices. While socioeconomic conditions during childhood were related to region of origin and food tastes, liking to cook worked as a type of cultural capital, called culinary capital, which produced pleasure and status. For each pattern of eating practices, different factors seemed to contribute to participants' excess weight, including liked foods, enjoying cooking, and financial constraints. One group combined a highly vulnerable economic situation and health problems, shedding light onto a habitus that demands special attention from public health studies and interventions. This study illustrates the complexity of practices within a seemingly homogeneous group and reinforces that health studies should not assume homogeneity within a group of overweight/obese low-income women. © 2018 Foundation for the Sociology of Health & Illness.

Transnational Investments in Informational Capital

DEFF Research Database (Denmark)

D. Munk, Martin

This paper analyses the acquisition of informational capital, e.g. academic capital, measured as student mobility, and understood as transnational investments in prestigious foreign educational institutions. In the 1990s, educational “zones of prestige” have especially been the United States......) are more likely than students from other social classes to pursue transnational investments, even though students from the middle and working classes have now entered the competition. This result is also recently found in an analysis of Danish academic emigrants. All in all, the studies confirm...... the hypothesis that students from upper classes are more likely than others to invest in specific informational capital in the field of education, in national environments but also in international settings....

A Shift towards Academic Capitalism in Finland

Science.gov (United States)

Kauppinen, Ilkka; Kaidesoja, Tuukka

2014-01-01

Academic capitalism is currently a widely studied topic amongst higher education scholars, especially in the United States. This paper demonstrates that the theory of academic capitalism also provides a fruitful perspective for analysing the restructuring of Finnish higher education since the 1990s, although with reservations. It will be argued…

Capital Cities in Late Bronze Age Greater Mesopotamia

OpenAIRE

Carlson, Evan

2017-01-01

This dissertation explores the relationships among founding capital cities, defining state territories, and creating and propagating national identities. In the modern period and deep into history, nascent nations struggling to define themselves and unify diverse states have founded capital cities to embody a national ethos, reveal a shared history, direct the relationship among subjects and government, and differentiate a society from its international peers. In the Late Bronze Age (LBA) (15...

The oil and gas sector in the brazilian economy

OpenAIRE

Guilhoto, Joaquim J.M.; Ichihara, Silvio Massaru; Postali, Fernando Antonio Slaibe

2007-01-01

This paper presents the results of a research conducted to measure the importance of the oil and gas complex in the Brazilian economy and in its states, henceforth called O&G. Initially, the efforts were concentrated on the construction of an interregional input-output system for the 27 states of the Brazilian economy at the level of 42 industries, for the year of 2002. By using this system, it was possible to make an analysis of the role played by the oil and gas complex in the Brazi...

Comprehensive Characterization of HIV-1 Molecular Epidemiology and Demographic History in the Brazilian Region Most Heavily Affected by AIDS.

Science.gov (United States)

Gräf, Tiago; Machado Fritsch, Hegger; de Medeiros, Rúbia Marília; Maletich Junqueira, Dennis; Esteves de Matos Almeida, Sabrina; Pinto, Aguinaldo Roberto

2016-09-15

The high incidence of AIDS cases and the dominance of HIV-1 subtype C infections are two features that distinguish the HIV-1 epidemic in the two southernmost Brazilian states (Rio Grande do Sul [RS] and Santa Catarina [SC]) from the epidemic in other parts of the country. Nevertheless, previous studies on HIV molecular epidemiology were conducted mainly in capital cities, and a more comprehensive understanding of factors driving this unique epidemic in Brazil is necessary. Blood samples were collected from individuals in 13 municipalities in the Brazilian southern region. HIV-1 env and pol genes were submitted to phylogenetic analyses for assignment of subtype, and viral population phylodynamics were reconstructed by applying Skygrid and logistic coalescent models in a Bayesian analysis. A high prevalence of subtype C was observed in all sampled locations; however, an increased frequency of recombinant strains was found in RS, with evidence for new circulating forms (CRFs). In the SC state, subtype B and C epidemics were associated with distinct exposure groups. Although logistic models estimated similar growth rates for HIV-1 subtype C (HIV-1C) and HIV-1B, a Skygrid plot reveals that the former epidemic has been expanding for a longer time. Our results highlight a consistent expansion of HIV-1C in south Brazil, and we also discuss how heterosexual and men who have sex with men (MSM) transmission chains might have impacted the current prevalence of HIV-1 subtypes in this region. The AIDS epidemic in south Brazil is expanding rapidly, but the circumstances driving this condition are not well known. A high prevalence of HIV-1 subtype C was reported in the capital cities of this region, in contrast to the subtype B dominance in the rest of the country. This study sought to comparatively investigate the HIV-1 subtype B and C epidemics by sampling individuals from several cities in the two states with the highest AIDS incidences in Brazil. Our analyses showed distinct

Rehabilitation capital: a field-specific form of capital to understand rehabilitation in a Nordic welfare state

DEFF Research Database (Denmark)

Guldager, Rikke; Poulsen, Ingrid; Egerod, Ingrid

2018-01-01

resources in decision-making in a stroke unit. In particular, it focuses on the challenges in optimising the rehabilitation process faced by patients and relatives, and the strategies they use. Data were generated using participant observation and semi-structured interviews. Qualitative content analysis...... was applied to investigate the patients’ and relatives’ experiences of decision-making. We present a field-specific form of capital: An individual or a family’s resources that are valued in the field of rehabilitation as physical, behavioural and cognitively embedded attitudes and practices. Rehabilitation...... rehabilitation and may provide patients with an advantage, to ensure the best rehabilitation. The possession of Rehabilitation capital (high or low) contributes explanations for unequal practices and treatments at a micro-level in healthcare institutions....

Modelling of capital requirements in the energy sector: capital market access. Final memorandum

Energy Technology Data Exchange (ETDEWEB)

1978-04-01

Formal modelling techniques for analyzing the capital requirements of energy industries have been performed at DOE. A survey has been undertaken of a number of models which forecast energy-sector capital requirements or which detail the interactions of the energy sector and the economy. Models are identified which can be useful as prototypes for some portion of DOE's modelling needs. The models are examined to determine any useful data bases which could serve as inputs to an original DOE model. A selected group of models are examined which can comply with the stated capabilities. The data sources being used by these models are covered and a catalog of the relevant data bases is provided. The models covered are: capital markets and capital availability models (Fossil 1, Bankers Trust Co., DRI Macro Model); models of physical capital requirements (Bechtel Supply Planning Model, ICF Oil and Gas Model and Coal Model, Stanford Research Institute National Energy Model); macroeconomic forecasting models with input-output analysis capabilities (Wharton Annual Long-Term Forecasting Model, Brookhaven/University of Illinois Model, Hudson-Jorgenson/Brookhaven Model); utility models (MIT Regional Electricity Model-Baughman Joskow, Teknekron Electric Utility Simulation Model); and others (DRI Energy Model, DRI/Zimmerman Coal Model, and Oak Ridge Residential Energy Use Model).

Risk and protective factors for chronic diseases by telephone survey in capitals of Brazil, Vigitel 2014.

Science.gov (United States)

Malta, Deborah Carvalho; Stopa, Sheila Rizzato; Iser, Betine Pinto Moehlecke; Bernal, Regina Tomie Ivata; Claro, Rafael Moreira; Nardi, Antônio Carlos Figueiredo; Dos Reis, Ademar Arthur Chioro; Monteiro, Carlos Augusto

2015-12-01

To describe the prevalence of risk and protective factors for chronic diseases in Brazilian adult population in 2014 and investigate the associated sociodemographic factors. Analyses were performed based on data from telephone interviews (Vigitel 2014) on probabilistic samples of adult population (≥ 18 years old) from the capitals of the 26 Brazilian States and the Federal District, living in households with landline phones. Prevalence is presented by gender, age and educational level, and adjusted prevalence ratios (PR) are estimated using Poisson Regression model. Among the 40.853 adults who were interviewed, 10.8% were smokers and 21.2% ex-smokers. Among the respondents, 16.5% reported alcohol abuse and 52.5% were overweight, factors that were more frequent among men. The prevalence of recommended intake of fruits and vegetables was 24%, intake of sweets was 18.1% and replacements of main meals for snacks was 16.2%, factors that were higher among women. Leisure time physical activity reached 35.3% and increased with the level of education. Hypertension was the most frequent disease achieving 24.8%, which was higher among women and increased with age. The results from Vigitel 2014 indicate that risk factors are, in general, more frequent among men, older adults and less educated individuals, characterizing the socioeconomic and cultural dimensions in determining chronic diseases.

The Determinants of Capital Structure: Some Evidence from Banks

OpenAIRE

Heider, Florian; Gropp, Reint

2008-01-01

This paper documents that standard cross-sectional determinants of firm leverage also apply to the capital structure of large banks in the United States and Europe. We find a remarkable consistency in sign, significance and economic magnitude. Like non-financial firms, banks appear to have stable capital structures at levels that are specific to each individual bank. The results suggest that capital requirements may only be of second-order importance for banks’ capital structures and confirm ...

Antibodies against vesicular stomatitis virus in horses from southern, midwestern and northeastern Brazilian States

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Vinícius Leobet Lunkes

2016-08-01

Full Text Available ABSTRACT: Vesicular stomatitis virus (VSV is the agent of a vesicular disease that affects many animal species and may be clinically confounded with foot-and-mouth disease in ruminant and swine. Horses are especially susceptible to VSV and may serve as sentinels for virus circulation. The present study investigated the presence of neutralizing antibodies against VSV Indiana III (VSIV-3 in serum samples of 3,626 horses from six states in three Brazilian regions: Southern (RS, n = 1,011, Midwest (GO/DF, n = 1,767 and Northeast (PB, PE, RN and CE, n = 848 collected between 2013 and 2014. Neutralizing antibodies against VSIV-3 (titers ≥40 were detected in 641 samples (positivity of 17.7%; CI95%:16.5-19.0%, being 317 samples from CE (87.3%; CI95%: 83.4-90.5 %; 109 from RN (65.7%; CI95%: 57.8 -72.7%; 124 from PB (45.4%; CI95%: 39.4-51.5%; 78 from GO/DF (4.4%; CI95%: 3.5-5.5% and nine samples of RS (0.9%; CI95%: 0.4-1.7%. Several samples from the Northeast and Midwest harbored high neutralizing titers, indicating a recent exposure to the virus. In contrast, samples from RS had low titers, possibly due to a past remote exposure. Several positive samples presented neutralizing activity against other VSV serotypes (Indiana I and New Jersey, yet in lower titers, indicating the specificity of the response to VSIV-3. These results demonstrated a relatively recent circulation of VSIV-3 in northeastern Brazilian States, confirming clinical findings and demonstrating the sanitary importance of this infection.

Desenvolvimento tecnológico por origem de capital: a experiência brasileira recente

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José Eduardo Cassiolato

2013-05-01

Full Text Available This paper discusses the impacts of the technological internationalization process in the Brazilian economy, focusing on R&D activities, comparing national and subsidiaries R&D performance. After a literature review, the paper presents the statistical profile of US multinational companies, analyzing if Brazil is attracting these investments. In detail, it compares R&D activities of national and subsidiaries firms in Brazil; statistical tests identify the importance of origin of capital in Brazilian R&D performance.Este trabalho tem por objetivo discutir o processo de internacionalização tecnológica e seus impactos na indústria brasileira, com enfoque nas atividades de P&D, comparando a performance de empresas nacionais e filiais de empresas multinacionais. Inicialmente serão apresentados os principais conceitos e a evolução do debate teórico, incluindo as razões que estimulam e limitam as empresas a internacionalizarem suas atividades tecnológicas. Esta análise será complementada pelo perfil estatístico das empresas multinacionais norte-americanas, verificando como a participação do Brasil na atração de tais investimentos. Mais detalhadamente, serão comparadas as atividades tecnológicas de empresas nacionais e filiais atuantes no Brasil, com ênfase nas atividades de P&D. Testes estatísticos procuram, por fim, identificar a importância da origem de capital na realização de P&D no Brasil.

The Payout Decision-Making Process of Brazilian Listed Companies: A CFO Survey

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Roberto Frota Decourt

2012-12-01

Full Text Available The purpose of this paper is to present the results of a survey with Brazilian listed companies CFOs` trying to identify how these companies determine and manage their payout policy. It was identified that the final decision about dividends is taken by the board of directors, taking into consideration a management proposal sent to them before. Main factors analyzed are net profit and cash generation during immediate previous period. The managers mainly consider interest on own capital (JSCP and dividends as instruments for payout policy. They believe that share repurchase is advantageous to shareholders; however, it is viewed more as an investment decision by the company than a dividend policy. The interest on own capital is broadly used because it provides a fiscal benefit to the company. It seems that management compensation policy affects dividends payout. This suggests an agency conflict between managers and shareholders.

Impact of profit retention on value creation to shareholders of Brazilian companies

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Leonardo Cunha da Silva

2017-09-01

Full Text Available The company's decision on reinvesting profits started from the premise that the return on invested capital will exceed the opportunity cost, creating, consequently, shareholder value. Thus, wealth generation of the entity will be influenced by the level of retained earnings. Therefore, in this work we seek to examine how retained profit affect the value creation of 223 Brazilian companies, from 2008 to 2014, the control used was investment opportunity. Therefore we used descriptive statistics and panel data models. As main results we found that there is a high level of retained profit in the sample, however, a small part of the companies created value in the period. Still, the negative relationship between the level of capitalization of profits and created value is highlighted. Besides, it was observed that the companies that belonged to groups of higher levels of profit distribution ended up generating more wealth for investors.

Social capital, poverty, and income inequality as predictors of gonorrhoea, syphilis, chlamydia and AIDS case rates in the United States

OpenAIRE

Holtgrave, D; Crosby, R

2003-01-01

Objective: This study examined the state level association between social capital, poverty, income inequality, and four infectious diseases that have important public health implications given their long term sequelae: gonorrhoea, syphilis, chlamydia, and AIDS.

Bromeliaceae species from coastal restinga habitats, Brazilian states of Rio de Janeiro, Espírito Santo, and Bahia

OpenAIRE

Cogliatti-Carvalho, Luciana; Rocha-Pessôa, Thereza; Nunes-Freitas, André; Rocha, Carlos

2008-01-01

Bromeliaceae is one of the most representative plant families in restinga habitats. We analyzed the species richness and composition of Bromeliaceae in 13 restinga habitats along the Brazilian coast. We found a total of 41 species distributed along the restinga habitats studied. The restinga of Praia do Sul, in the state of Rio de Janeiro, had the highest number of species (15), whereas the restinga of Abaeté, in the state of Bahia, had the lowest (4). Our data are suggestive that the Doce Ri...

Return on Capital and Cost of Capital: How does their Relation Affect Firm Value?

OpenAIRE

Halil D. Kaya; Julia S. Kwok; Elizabeth C. Rabe

2015-01-01

The Great Recession of 2008-2009 hurt almost all of the companies’ stock values in the United States. Interestingly, for Starbucks, the deterioration started a few years before the recession. From 2005 to 2007, the company’s stock price declined by approximately 40%. This case encourages students to examine the company’s return on capital, compare it to its cost of capital, and then relate this to the decline in the company’s stock price. First, they will establish a single formula for return...

Brazilian Credit Union Member Groups: Borrower-dominated, Saver-dominated or Neutral Behavior?

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Valéria Gama Fully Bressan

2013-01-01

Full Text Available Theoretical models concerning Credit Unions (CUs suggest that the type of CU domination determines the way it allocates the monetary value it generates. A borrower- (saver- dominated CU benefits borrower (saver members at the expenses of saver (borrower members, and a neutral CU equally benefits its member groups.This paper applies direct measure of monetary benefits to each member group (Patin & McNiel, 1991a to testfor the existence of dominated behavior in Brazilian CUs, and is the first to apply panel data regressions to identify the determinants of CUs behavior. We use a unique panel data with 40,664 observations taken from 533 CUs affiliated with the largest Brazilian cooperative network. Results indicate Brazilian CUs are dominated by borrowers, but behave close to neutrality. Panel regression estimates show that common or multiple bond type,size and overdue loans of a CU have no effect on its behavior, the greater the total amount of loans over social capital and adjusted equity over total assets are the more likely a CU is borrower dominated, and the greater the age and current operational expenses over total asset of a CU are the more likely a CU is saver dominated.

Intellectual Capital.

Science.gov (United States)

Snyder, Herbert W.; Pierce, Jennifer Burek

2002-01-01

This review focuses on intellectual capital and its relationship to information professionals. Discusses asset recognition; national practices and the acceptance of intellectual capital; definitions of intellectual capital; measuring intellectual capital, including multiple and single variable measures; managing intellectual capital; and knowledge…

Telecommunications Policy Research Conference. Capital Recovery Section. Papers.

Science.gov (United States)

Telecommunications Policy Research Conference, Inc., Washington, DC.

Two papers consider the capital recovery difficulties of telephone companies in the current deregulatory environment. The first, "Capital Recovery in the Transition Period" (Gail Garfield Schwartz, New York State Public Service Commission) describes the process determining depreciation in both regulated and deregulated environments, and…

MINAS GERAIS AND THE STARTING-POINT OF THE OCCUPATION OF THE BRAZILIAN CERRADO: THE ROLE OF STATE

Directory of Open Access Journals (Sweden)

Mauro Augusto dos Santos

2014-04-01

Full Text Available The Brazilian Cerrado is undergoing an accelerated process of degradation, caused mainly by the expansion of agriculture. The occupation process of this biome began from an agricultural project established in the State of Minas Gerais, the Programa de Assentamento Dirigido do Alto Paranaíba (PADAP. This project served as a model for the implantation of two other major projects that were also had the Cerrado as one of the places chosen for the allocation of its resources. This article has as its main objective, to describe and analyze how was the participation of State and Federal government in the process of occupation of this biome.

Social capital, economics, and health: new evidence.

Science.gov (United States)

Scheffler, Richard M; Brown, Timothy T

2008-10-01

In introducing this Special Issue on Social Capital and Health, this article tracks the popularization of the term and sheds light on the controversy surrounding the term and its definitions. It sets out four mechanisms that link social capital with health: making information available to community members, impacting social norms, enhancing the health care services and their accessibility in a community, and offering psychosocial support networks. Approaches to the measurement of social capital include the Social Capital Community Benchmark Survey (SCCBS) developed by Robert Putnam, and the Petris Social Capital Index (PSCI), which looks at community voluntary organizations using public data available for the entire United States. The article defines community social capital (CSC) as the extent and density of trust, cooperation, and associational links and activity within a given population. Four articles on CSC are introduced in two categories: those that address behaviors -- particularly utilization of health services and use of tobacco, alcohol, and drugs; and those that look at links between social capital and physical or mental health. Policy implications include: funding and/or tax subsidies that would support the creation of social capital; laws and regulations; and generation of enthusiasm among communities and leaders to develop social capital. The next steps in the research programme are to continue testing the mechanisms; to look for natural experiments; and to find better public policies to foster social capital.

78 FR 76973 - Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Capital Adequacy...

Science.gov (United States)

2013-12-20

... Discipline and Disclosure Requirements, Advanced Approaches Risk-Based Capital Rule, and Market Risk Capital..., 2013, a document adopting a final rule that revises its risk-based and leverage capital requirements... risk-based and leverage capital requirements for banking organizations. An allowance for additional...

THE IMPORTANCE OF VENTURE CAPITAL

Directory of Open Access Journals (Sweden)

IRINA ANGHEL-ENESCU

2013-05-01

Full Text Available Created in the United States of America, Venture Capital is an asset class which attracted recently the attention of the policy makers all over the world. But the concept is still not clearly defined and understood. This paper attempts at introducing in the concept, its characteristics, and reviewing some of the benefits Venture Capital investments can bring at both the macroeconomic level, by looking at the correlation with the economic growth, and at the microeconomic level, for the portfolio companies.

corporate governance and capital structure in Brazil: stock, bonds and substitution / Governança corporativa e estrutura de capital no Brasil: ações, dívidas e substituição

Directory of Open Access Journals (Sweden)

Alexandre Ripamonti

2016-10-01

Full Text Available Purpose: To study the Brazilian bond and stock markets for testing the stock market development theory of Demirgüc-Kunt and Maksimovic (1996. Originality/gap/relevance/implications: This paper tests the substitution hypothesis of stock market development, from debt to stocks, in a context of improved corporate governance, by analyzing the data with cointegration techniques. The findings show that the rejection of substitution hypothesis, as the bond market has a positive and significant association with stock market improvements. The findings also show that improving the quality of corporate governance could lead equity capital and borrower capital sources to be complementary and not substitutes, suggesting that Brazilian stock market reform has created a virtuous development cycle. Key methodological aspects: Positivist research using quantitative methodology. Data from a sample of 171 firms during 20 years, analyzed with cointegration. The null was a negative association between bond and stock markets. Summary of key results: Null rejection, non-consistent to theoretical framework. The results have shown a positive and significant association between stock and debt in an improved corporate governance context. Key considerations/conclusions: Improving the quality of corporate governance could lead equity capital and borrower capital sources to be complementary, and not substitutes, suggesting that Brazilian stock market reform has created a virtuous development cycle. Objetivo: Examinar os mercados de ações e de dívidas no Brasil, através do teste da teoria de desenvolvimento do mercado de ações de Demirgüc-Kunt & Maksimovic (1996. Originalidade/Lacuna/Relevância/Implicações: Teste da hipótese de substituição do mercado de dívidas pelo de ações no Brasil, com melhor governança corporativa e cointegração. Os resultados indicam a rejeição da hipótese de substituição, com associação positiva entre ações e dívidas em

Uma análise da correlação entre o EVA® e o MVA® no contexto das empresas brasileiras de capital aberto Correlation between Economic Value Added and Market Value Added for publicly owned Brazilian companies

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José Odálio dos Santos

2005-03-01

Full Text Available Este artigo trata do tema da criação de valor, da forma como é medida pelo EVA® (Valor Econômico Adicionado e pelo MVA® (Valor de Mercado Agregado, duas metodologias desenvolvidas no final dos anos 80 pela empresa americana de consultoria Stern Stewart & Co. O EVA® é definido como a diferença entre o lucro operacional líquido depois de impostos e o custo do capital investido na empresa, enquanto o MVA® é determinado pela diferença entre o valor de mercado da empresa e o capital total nela investido. Um estudo realizado por G. Bennett Stewart III, que idealizou essas metodologias juntamente com o seu sócio Joel M. Stern, encontrou uma forte correlação entre o EVA® e o MVA®. Visando averiguar se tal resultado se aplica também ao caso das empresas brasileiras, os autores deste artigo realizaram uma pesquisa semelhante, baseada numa amostra formada por empresas de capital aberto cujas ações foram negociadas na Bovespa (Bolsa de Valores de São Paulo durante o período de 1996 a 2001.This article deals with value creation as measured by Economic Value Added (EVA® and Market Value (MVA® which are methods developed by an American consultant, Stern Stewart & Co, in the late l980's. Economic Value Added is defined as the difference between net operating profit after taxes and the cost of capital invested in a company, while Market Value Added is the difference between market value and the total capital invested in a company. G. Bennett Stewart III, who conceived this approach together with his partner Joel M. Stern, found a strong correlation between Economic Value Added and Market Value Added. Our research investigated whether this also applies to a sample of publicly owned Brazilian companies traded on the São Paulo Stock Exchange between 1996 and 2001.

Family-School Relations as Social Capital: Chinese Parents in the United States

Science.gov (United States)

Wang, Dan

2008-01-01

Guided by both Coleman and Bourdieu's theories on social capital, I interviewed Chinese immigrant parents to understand their experiences in weaving social connections with the school and teachers to benefit their children's education. This study confirms Coleman's argument that human capital in parents will not transfer to the children…

A nova retórica do grande capital: a publicidade brasileira entre o neoliberalismo e a democratização

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Maria Eduarda da Mota Rocha

2008-09-01

Full Text Available Resumo: O artigo analisa a emergência de uma nova retórica do grande capital, na publicidade brasileira contemporânea, a partir das relações entre três níveis: o do contexto político e econômico, o do campo publicitário e o dos anúncios. Estas relações permitem explicar as transformações dos valores fundamentais que informam o discurso publicitário, entendido como a retórica do capital, a quem cabe construir a boa vontade da “opinião pública” e converter parte desta em consumidores efetivos dos produtos e serviços. Por isso, os valores em torno dos quais se organizam os anúncios revelam as estratégias de legitimação do capital, no conteúdo que atribuem à imagem de uma “vida plena”. A nova retórica do grande capital é marcada por estratégias narrativas que têm como centro os “conceitos” de “qualidade de vida” e de “responsabilidade social”, em detrimento dos “conceitos” de “status” e “tecnologia” que marcaram a publicidade do período anterior. Abstract: The article analyzes the emergence of big capital new rhetoric in the contemporary Brazilian advertisements, based on the relationships among three levels: the economical and political context, the advertising field, and the advertisements themselves. These relationships allow us to explain the transformations of the basic values that inform the advertisement discourse, understood here as the rhetoric of the capital, that has the task of constructing the good will of public opinion and convert part of them into effective products and services consumers. Therefore, the values around which the ads organize reveal the legitimating strategies of the capital in the contents that attribute to the image of a full life. The new rhetoric of the big capital is marked by narrative strategies that have at the center the concepts of quality of life and social responsibility, in detriment of the concepts of status and technology that have marked the

Social capital, mental health and biomarkers in Chile: Assessing the effects of social capital in a middle-income country

Science.gov (United States)

Riumallo-Herl, Carlos Javier; Kawachi, Ichiro; Avendano, Mauricio

2014-01-01

In high-income countries, higher social capital is associated with better health. However, there is little evidence of this association in low- and middle-income countries. We examine the association between social capital (social support and trust) and both self-rated and biologically assessed health outcomes in Chile, a middle-income country that experienced a major political transformation and welfare state expansion in the last two decades. Based on data from the Chilean National Health Survey (2009–10), we modeled self-rated health, depression, measured diabetes and hypertension as a function of social capital indicators, controlling for socio-economic status and health behavior. We used an instrumental variable approach to examine whether social capital was causally associated with health. We find that correlations between social capital and health observed in high-income countries are also observed in Chile. All social capital indicators are significantly associated with depression at all ages, and at least one social capital indicator is associated with self-rated health, hypertension and diabetes at ages 45 and above. Instrumental variable models suggest that associations for depression may reflect a causal effect from social capital indicators on mental well-being. Using aggregate social capital as instrument, we also find evidence that social capital may be causally associated with hypertension and diabetes, early markers of cardiovascular risk. Our findings highlight the potential role of social capital in the prevention of depression and early cardiovascular disease in middle-income countries. PMID:24495808

Relevância de Prêmio por Risco País no Custo de Capital das Empresas

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Antonio Zoratto Sanvicente

2015-05-01

Full Text Available A common practice in business valuation and the determination of fair rates of return by regulatory agencies is to use the capital asset pricing model (CAPM with the ad hoc addition of a country risk premium. The present paper documents this practice in the valuation reports required in public acquisition offers available on the CVM (Brazilian Securities and Exchange Commission website. Multiple linear regression is used with monthly returns for stock shares of 204 firms listed on the BM&FBovespa (Brazilian Stock Exchange. The period covered is from January 2009 to December 2013, and the results indicate that there is a premium for Brazilian risk that is not completely reflected in Ibovespa returns for only 17 securities. Hence, if one uses the local market index when estimating a firm’s cost of equity, it would be both redundant and incorrect to add a country risk premium. The paper concludes with a real company example in which the adoption of the conventional approach – with a country risk premium added – would lead to a 17% pricing error.

Predicting cardiometabolic disturbances from waist-to-height ratio: findings from the Brazilian Longitudinal Study of Adult Health (ELSA-Brasil) baseline.

Science.gov (United States)

Castanheira, Marcelo; Chor, Dóra; Braga, José Uéleres; Cardoso, Letícia de Oliveira; Griep, Rosane Härter; Molina, Maria Del Carmen Bisi; Fonseca, Maria de Jesus Mendes da

2018-04-01

To evaluate the performance of waist-to-height ratio (WHtR) in predicting cardiometabolic outcomes and compare cut-off points for Brazilian adults. Cross-sectional study. WHtR areas under the curve (AUC) were compared with those for BMI, waist circumference (WC) and waist-to-hip ratio (WHR). The outcomes of interest were hypertension, diabetes, hypertriacylglycerolaemia and presence of at least two components of metabolic syndrome (≥2 MetS). Cut-offs for WHtR were compared and validity measures were estimated for each point. Teaching and research institutions in six Brazilian state capitals, 2008-2010. Women (n 5026) and men (n 4238) aged 35-54 years who participated in the Brazilian Longitudinal Study of Adult Health (ELSA-Brasil) at baseline. WHtR age-adjusted AUC ranged from 0·68 to 0·72 in men and 0·69 to 0·75 in women, with smaller AUC for hypertriacylglycerolaemia and the largest for ≥2 MetS. WHtR performed better than BMI for practically all outcomes; better than WHR for hypertension in both sexes; and displayed larger AUC than WC in predicting diabetes mellitus. It also offered better discriminatory power for ≥2 MetS in men; and was better than WC, but not WHR, in women. Optimal cut-off points of WHtR were 0·55 (women) and 0·54 (men), but they presented high false-negative rate compared with 0·50. We recommend using WHtR (which performed similarly to, or better than, other available indices of adiposity) as an anthropometric index with good discriminatory power for cardiometabolic outcomes in Brazilian adults, indicating the already referenced limit of WHtR≥0·50.

Contextual and individual factors associated with dental services utilisation by Brazilian adults: A multilevel analysis.

Science.gov (United States)

Herkrath, Fernando José; Vettore, Mario Vianna; Werneck, Guilherme Loureiro

2018-01-01

Inequalities in the utilisation of dental services in Brazil are remarkable. The aim of this study was to evaluate the association of contextual and individual factors with the utilisation of dental services by Brazilian adults using the Andersen's behavioural model. Individual-level data from 27,017 adults residents in the State capitals who were interviewed in the 2013 Brazilian National Health Survey were pooled with contextual city-level data. The outcomes were non-utilisation of dental services and last dental visit over 12 months ago. Individual predisposing variables were age, sex, race/skin colour, schooling and social network. Individual enabling variables included income, health insurance and registration in primary health care. Individual need variables were self-perceived dental health and self-reported missing teeth. Multilevel logistic regression models were performed to estimate odds ratio (OR) and 95% confidence intervals (95% CIs) of the association of contextual and individual predisposing, enabling and need-related variables with dental services outcomes. Predisposing (OR = 0.89; 95% CI 0.81-0.97) and enabling (OR = 0.90; 95% CI 0.85-0.96) contextual factors were associated with non-utilisation of dental services. Individual predisposing (sex, race/skin colour, schooling), enabling (income, health insurance) and need (self-perceived oral health, missing teeth) were associated with non-utilisation of dental services and last dental visit over 12 months ago. The latter was also associated with other individual predisposing (age, social network) and need (eating difficulties due to oral problems) characteristics. Individual and contextual determinants influenced dental services utilisation in Brazilian adults. These factors should be on the policy agenda and considered in the organisation of health services aiming to reduce oral health inequalities related to access and utilisation of dental services.

Socioeconomic inequalities and changes in oral health behaviors among Brazilian adolescents from 2009 to 2012.

Science.gov (United States)

Freire, Maria do Carmo Matias; Jordão, Lidia Moraes Ribeiro; Malta, Deborah Carvalho; Andrade, Silvânia Suely Caribé de Araújo; Peres, Marco Aurelio

2015-01-01

OBJECTIVE To analyze oral health behaviors changes over time in Brazilian adolescents concerning maternal educational inequalities. METHODS Data from the Pesquisa Nacional de Saúde do Escolar (Brazilian National School Health Survey) were analyzed. The sample was composed of 60,973 and 61,145 students from 26 Brazilian state capitals and the Federal District in 2009 and 2012, respectively. The analyzed factors were oral health behaviors (toothbrushing frequency, sweets consumption, soft drink consumption, and cigarette experimentation) and sociodemographics (age, sex, race, type of school and maternal schooling). Oral health behaviors and sociodemographic factors in the two years were compared (Rao-Scott test) and relative and absolute measures of socioeconomic inequalities in health were estimated (slope index of inequality and relative concentration index), using maternal education as a socioeconomic indicator, expressed in number of years of study (> 11; 9-11; ≤ 8). RESULTS Results from 2012, when compared with those from 2009, for all maternal education categories, showed that the proportion of people with low toothbrushing frequency increased, and that consumption of sweets and soft drinks and cigarette experimentation decreased. In private schools, positive slope index of inequality and relative concentration index indicated higher soft drink consumption in 2012 and higher cigarette experimentation in both years among students who reported greater maternal schooling, with no significant change in inequalities. In public schools, negative slope index of inequality and relative concentration index indicated higher soft drink consumption among students who reported lower maternal schooling in both years, with no significant change overtime. The positive relative concentration index indicated inequality in 2009 for cigarette experimentation, with a higher prevalence among students who reported greater maternal schooling. There were no inequalities for

Brazilian Studies Then and Now

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Anthony Pereira

2012-09-01

Full Text Available In 1912 the Brazilian diplomat and scholar Manuel de Oliveira Lima gave six lectures at Stanford University that encapsulated his views of what we now call Brazilian Studies. This article summarizes Oliveira Lima’s lectures. It then points out three aspects of Oliveira Lima’s worldview that are problematic from the perspective of the twenty-first century: his Eurocentrism; the unproblematic nature of the nation-state in his thinking; and his largely negative view of Brazil’s racial heritage. The third part of the essay analyzes three aspects of Oliveira Lima’s lectures that are still contemporary. These are the need to establish an adequate comparative context for the study of Brazil; the difficulty of justifying an academic discipline that revolves around the study of a single country; and the challenge of uniting disparate and specialized disciplines in order to appreciate Brazil’s complexity and trajectory in the modern world. In the conclusion, some guidelines for maintaining Brazilian Studies as a vibrant field are suggested.

Cost of soybean crop yield transgenic in Goias ( crop 2015/2016 equity x third capital

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Sidney Jordan Silva

2016-06-01

Full Text Available Considering the data from the Ministry of Agriculture, in 2014 the Gross Domestic Product - Brazilian agricultural GDP accounted for about 23% of the total GDP of the Brazilian economy, in reais equivalent to R $ 1.1 trillion. And within it agriculture is represented in 70% of the production of agribusiness. Seen it, one sees Brazil's potential in this activity. Therefore, it is evident that this Montate production needs to be managed throughout the production cycle. This includes as a first step planting, a fact that needs initial investment to allow the harvest to the end of the process. Because of this it was thought what are the ways to start agricultural production. This work specifically measured the transgenic soybean crop in the state of Goiás. The source of the resource that defrayed the cost of production was studied. It found that can be made via bank through a rural financing or financing with own resources, considering that the farmer has this option when you start your planting. If the producer utilizasse own resources he would not receive the full amount calculated the profitability of Agribusiness Credit Bills - LCA. By financing the farmer will pay only the interest calculated if using all capital financed the formalization of the contract. And taking into account that the cost of financing ranges from planting to harvest, if the releases are gradually made the producer may also reduce the interest to be paid.

Qualifying information on deaths and serious injuries caused by road traffic in five Brazilian capitals using record linkage.

Science.gov (United States)

Mandacaru, Polyana Maria Pimenta; Andrade, Ana Lucia; Rocha, Marli Souza; Aguiar, Fernanda Pinheiro; Nogueira, Maria Sueli M; Girodo, Anne Marielle; Pedrosa, Ana Amélia Galas; Oliveira, Vera Lídia Alves de; Alves, Marta Maria Malheiros; Paixão, Lúcia Maria Miana M; Malta, Deborah Carvalho; Silva, Marta Maria Alves; Morais Neto, Otaliba Libanio de

2017-09-01

Road traffic crashes (RTC) are an important public health problem, accounting for 1.2 million deaths per year worldwide. In Brazil, approximately 40,000 deaths caused by RTC occur every year, with different trends in the Federal Units. However, these figures may be even greater if health databases are linked to police records. In addition, the linkage procedure would make it possible to qualify information from the health and police databases, improving the quality of the data regarding underlying cause of death, cause of injury in hospital records, and injury severity. This study linked different data sources to measure the numbers of deaths and serious injuries and to estimate the percentage of corrections regarding the underlying cause of death, cause of injury, and the severity injury in victims in matched pairs from record linkage in five representative state capitals of the five macro-regions of Brazil. This cross-sectional, population-based study used data from the Hospital Information System (HIS), Mortality Information System (MIS), and Police Road Traffic database of Belo Horizonte, Campo Grande, Curitiba, Palmas, and Teresina, for the year 2013 for Teresina, and 2012 for the other capitals. RecLink III was used to perform probabilistic record linkage by identifying matched pairs to calculate the global correction percentage of the underlying cause of death, the circumstance that caused the road traffic injury, and the injury severity of the victims in the police database. There was a change in the cause of injury in the HIS, with an overall percentage of correction estimated at 24.4% for Belo Horizonte, 96.9% for Campo Grande, 100.0% for Palmas, and 33.2% for Teresina. The overall percentages of correction of the underlying cause of death in the MIS were 29.9%, 11.9%, 4.2%, and 33.5% for Belo Horizonte, Campo Grande, Curitiba, and Teresina, respectively. The correction of the classification of injury severity in police database were 100.0% for Belo

The Earnings/Price Risk Factor in Capital Asset Pricing Models

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Rafael Falcão Noda

2015-01-01

Full Text Available This article integrates the ideas from two major lines of research on cost of equity and asset pricing: multi-factor models and ex ante accounting models. The earnings/price ratio is used as a proxy for the ex ante cost of equity, in order to explain realized returns of Brazilian companies within the period from 1995 to 2013. The initial finding was that stocks with high (low earnings/price ratios have higher (lower risk-adjusted realized returns, already controlled by the capital asset pricing model's beta. The results show that selecting stocks based on high earnings/price ratios has led to significantly higher risk-adjusted returns in the Brazilian market, with average abnormal returns close to 1.3% per month. We design asset pricing models including an earnings/price risk factor, i.e. high earnings minus low earnings, based on the Fama and French three-factor model. We conclude that such a risk factor is significant to explain returns on portfolios, even when controlled by size and market/book ratios. Models including the high earnings minus low earnings risk factor were better to explain stock returns in Brazil when compared to the capital asset pricing model and to the Fama and French three-factor model, having the lowest number of significant intercepts. These findings may be due to the impact of historically high inflation rates, which reduce the information content of book values, thus making the models based on earnings/price ratios better than those based on market/book ratios. Such results are different from those obtained in more developed markets and the superiority of the earnings/price ratio for asset pricing may also exist in other emerging markets.

Complexity-Based Modeling of Scientific Capital: An Outline of Mathematical Theory

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Yurij L. Katchanov

2014-01-01

measuring and assessing the accumulated recognition and the specific scientific power. The concept of scientific capital developed by Bourdieu is used in international social science research to explain a set of scholarly properties and practices. Mathematical modeling is applied as a lens through which the scientific capital is addressed. The principal contribution of this paper is an axiomatic characterization of scientific capital in terms of natural axioms. The application of the axiomatic method to scientific capital reveals novel insights into problem still not covered by mathematical modeling. Proposed model embraces the interrelations between separate sociological variables, providing a unified sociological view of science. Suggested microvariational principle is based upon postulate, which affirms that (under suitable conditions the observed state of the agent in scientific field maximizes scientific capital. Its value can be roughly imagined as a volume of social differences. According to the considered macrovariational principle, the actual state of scientific field makes so-called energy functional (which is associated with the distribution of scientific capital minimal.

Alternative fuels: a Brazilian outlook

International Nuclear Information System (INIS)

Moreira, J.R.; Serra, G.E.

1990-01-01

This paper focuses on studies and information related to the use of alternative fuels in Brazil. The first part of this paper deals with the economics of different biomass technologies. The analysis consists of a careful costing of all operations involved. The study deals with wood, sugar cane and cassava, since these crops are exploited for commercial purposes in Brazil. Corn, although a useful raw material for producing ethanol in the United States, is not used for this purpose in Brazil. The second part deals with the industrial technologies used to convert biomass into energy. We consider several forms of energy derived from biomass and evaluate the economics of the processes. When opportune, we compare costs with those of the North American market. Market analysis and displacement of conventional energy are the subject of the third part of the paper. While the cost of each product is evaluated in most cases; in others the current market price is used. Finally, we raise the issues of institutional problems and planning and offer some conclusions on the future of biomass as an alternative energy source. The technological discussion in this paper is based on the Brazilian experience in producing ethanol and other fuels from biomass. It is possible to extrapolate the Brazilian experience to other developing countries. The observations made in this chapter are based on the conditions prevalent in the Brazilian south-central agricultural region, specifically the state of Sao Paulo. (author). 91 refs., 16 figs., 11 tabs

Social capital, mental health and biomarkers in Chile: assessing the effects of social capital in a middle-income country.

Science.gov (United States)

Riumallo-Herl, Carlos Javier; Kawachi, Ichiro; Avendano, Mauricio

2014-03-01

In high-income countries, higher social capital is associated with better health. However, there is little evidence of this association in low- and middle-income countries. We examine the association between social capital (social support and trust) and both self-rated and biologically assessed health outcomes in Chile, a middle-income country that experienced a major political transformation and welfare state expansion in the last two decades. Based on data from the Chilean National Health Survey (2009-10), we modeled self-rated health, depression, measured diabetes and hypertension as a function of social capital indicators, controlling for socio-economic status and health behavior. We used an instrumental variable approach to examine whether social capital was causally associated with health. We find that correlations between social capital and health observed in high-income countries are also observed in Chile. All social capital indicators are significantly associated with depression at all ages, and at least one social capital indicator is associated with self-rated health, hypertension and diabetes at ages 45 and above. Instrumental variable models suggest that associations for depression may reflect a causal effect from social capital indicators on mental well-being. Using aggregate social capital as instrument, we also find evidence that social capital may be causally associated with hypertension and diabetes, early markers of cardiovascular risk. Our findings highlight the potential role of social capital in the prevention of depression and early cardiovascular disease in middle-income countries. Copyright © 2014 Elsevier Ltd. All rights reserved.

Commercial Banks and Capital Regulation in the Early 20th Century US

OpenAIRE

Gou, Michael

2017-01-01

My dissertation investigates the effect of capital requirements on commercial banks and the impact of commercial bank suspensions on the United States economy during the early 20th century. The first chapter examines the effect of capital requirements on bank stability. The early 20th century United States provides an opportunity to determine whether imposing capital requirements on commercial banks promotes banking stability in the long run. The structure of the national banking system fac...

THE EFFECT OF HUMAN CAPITAL ON SOCIAL CAPITAL AMONG ENTREPRENEURS

OpenAIRE

HANNES OTTÓSSON; KIM KLYVER

2010-01-01

Using data collected from 714 entrepreneurs in a random sample of 10,000 Danes, this study provides an investigation of the effect of human capital on social capital among entrepreneurs. Previous entrepreneurship research has extensively investigated the separated effect of human capital and social capital on different entrepreneurial outputs. The study takes a step back and investigates how these two capital concepts are related — specifically how human capital influences social capital. In ...

Green Capital: Student Capital student-led evaluation

OpenAIRE

Runkle, Q.; Haines, T.; Piper, K.; Leach, S.

2016-01-01

To assess and evaluate the impact of the Green Capital: Student Capital project, the partnership (the University of the West of England, the University of Bristol, the Students’ Union at UWE, and Bristol Students’ Union) worked with NUS to train a team of students from both universities to lead an evaluation process. There were two key aims for the evaluation: \\ud \\ud • To verify the quantitative outputs of the Green Capital: Student Capital project; \\ud • And to make a qualitative assessment...

Comparison of a short version of the Food Frequency Questionnaire with its long version--a cross-sectional analysis in the Brazilian Longitudinal Study of Adult Health (ELSA-Brasil).

Science.gov (United States)

Mannato, Livia Welter; Pereira, Taisa Sabrina Silva; Velasquez-Melendez, Gustavo; Cardoso, Letícia de Oliveira; Benseñor, Isabela Martins; Molina, Maria del Carmen Bisi

2015-01-01

The food frequency questionnaire (FFQ) is the preferred instrument for obtaining dietary information in epidemiological studies. A short form of the FFQ was compared with the original version that was used in the Brazilian Longitudinal Study of Adult Health (ELSA-Brasil), and also with three 24-hour dietary recalls. Cross-sectional study carried out in six Brazilian state capitals. Multiple linear regression was used to reduce the original food and drink list of the FFQ, which had contained 114 food items. The frequency of consumption and nutritional composition of the foods were also taken into consideration. To assess the validity of the shortened FFQ, the energy and nutrients values of the 24-hour dietary recalls were deattenuated and log-transformed. The list of the FFQ of ELSA-Brasil was reduced to 76 food items. The intraclass correlation coefficients in the validation study ranged from 0.17 (selenium) to 0.66 (calcium). The number of items was reduced by 33%, while still maintaining relatively good capacity to measure energy and selected nutrients.

Proceedings of the 32. Brazilian Congress on Chemistry; 5. Brazilian Meeting of Scientific Initiation on Chemistry - Abstracts

International Nuclear Information System (INIS)

1992-01-01

This 32. Brazilian Congress on Chemistry happened in Belem, Para State, was important, considering the actual moment where the Amazonia assume a role in the international view. Works about synthesis, characterization and uses of nuclear materials and elements are presented. (C.G.C.)

Austerity/Immiseration Capitalism and Islamophobia--or Twenty-First-Century Multicultural Socialism?

Science.gov (United States)

Cole, Mike

2014-01-01

This article is in three parts. In part one, the author begins by examining the onset of austerity/immiseration capitalism in the United Kingdom. Austerity/immiseration capitalism has witnessed the decline of state multiculturalism and increasing attempts to deflect attention away from the failures of capitalism by playing the "race…

Triads of capital

DEFF Research Database (Denmark)

Svendsen, Gunnar Lind Haase

of capital means a coherent stock of capital, including social, cultural and physical capital, which belongs to a local community. The case of civic organization in rural Denmark 1800-1900 shows how the three capitals successively acted as driving forces: physical capital about year 1800, social capital...... about year 1880, and cultural capital about year 1900. In each case, one form of capital changed the two others in a chain reaction process, which ultimately led to a major reorganization of the triads of capital in the local rural communities....

Intellectual Capital

DEFF Research Database (Denmark)

Bukh, Per Nikolaj; Christensen, Karina Skovvang

2015-01-01

Intellectual capital (IC) consists of human capital, organizational capital, and relational capital, and their relationships. It has been said to be important to explain the difference between market value and book value of a firm, but measurement of IC is more likely to be important because...

12 CFR 1229.5 - Capital distributions for adequately capitalized Banks.

Science.gov (United States)

2010-01-01

... capitalized Banks. 1229.5 Section 1229.5 Banks and Banking FEDERAL HOUSING FINANCE AGENCY ENTITY REGULATIONS CAPITAL CLASSIFICATIONS AND PROMPT CORRECTIVE ACTION Federal Home Loan Banks § 1229.5 Capital... classification of adequately capitalized. A Bank may not make a capital distribution if such distribution would...

78 FR 62417 - Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Capital Adequacy...

Science.gov (United States)

2013-10-22

..., Standardized Approach for Risk-Weighted Assets, Market Discipline and Disclosure Requirements, Advanced Approaches Risk-Based Capital Rule, and Market Risk Capital Rule AGENCY: Federal Deposit Insurance... Assets, Market Discipline and Disclosure Requirements, Advanced Approaches Risk-Based Capital Rule, and...

Publication in a Brazilian journal by Brazilian scientists whose papers have international impact.

Science.gov (United States)

Meneghini, R

2010-09-01

Nine Brazilian scientists with an outstanding profile of international publications were invited to publish an original article in the same issue of a Brazilian Journal (Anais da Academia Brasileira de Ciências). The objective was to measure the impact of the papers on the number of citations to the articles, the assumption being that these authors would carry their international prestige to the Brazilian periodical. In a 2-year period there was a larger number of citations of these articles compared to others published in the same journal. Nevertheless, the number of citations in Brazilian journals did not equal the number of citations obtained by the other papers by the same authors in their international publications within the same 2-year period. The reasons for this difference in the number of citations could be either that less significant invited articles were submitted or that it was due to the intrinsic lack of visibility of the Brazilian journals, but this could not be fully determined with the present data. Also relevant was a comparison between the citations of Brazilian journals and the publication in Brazilian journals by these selected authors. A clear imbalance due to a remarkable under-citation of Brazilian authors by authors publishing in Brazilian journals raises the possibility that psychological factors may affect the decision of citing Brazilian journals.

South Korea's Experience with International Capital Flows

OpenAIRE

Marcus Noland

2005-01-01

South Korea%u2019s experience is unparalleled in its combination of sustained prosperity, capital controls, and financial crisis. Over several decades, South Korea experienced rapid sustained growth in the presence of capital controls. These controls and the de-linking of domestic and international financial markets were an essential component of the country's state-led development strategy. As the country developed, opportunities for easy technological catch-up eroded, requiring more sophist...

States, social capital and cooperation: looking back on 'Governing the Commons'

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Denise L. Anthony

2011-09-01

Full Text Available This paper reflects on Elinor Ostrom’s classic book, Governing the Commons, and much work in sociology, political science and organization studies that has appeared since its publication. We do so in order to expand our understanding of the conditions under which cooperation occurs resulting in the production of collective goods. We explore two issues that were underdeveloped in her book that have subsequently received much attention. First, we discuss how states can facilitate cooperative behavior short of coercively imposing it on actors. Second, we discuss how social capital can facilitate or undermine cooperative behavior. In both cases we focus on the important mechanisms by which each one contributes to the development of cooperative behavior and collective goods. We conclude by extending our arguments to a brief analysis of one of the world’s newest and largest collective goods – the Internet.

Leveraging organisational cultural capital

Directory of Open Access Journals (Sweden)

R Scheel

2007-10-01

Full Text Available Organisational culture discourse mandates a linear approach of diagnosis, measurement and gap analysis as standard practice in relation to most culture change initiatives. Therefore, a problem solving framework geared toward “fixing�? and/or realigning an organisation’s culture is usually prescribed. The traditional problem solving model seeks to identify gaps between current and desired organisational cultural states, inhibiting the discovery of an organisation’s unique values and strengths, namely its cultural capital. In pursuit of discovering and leveraging organisational cultural capital, a descriptive case study is used to show how an Appreciative Inquiry process can rejuvenate the spirit of an organisation as a system-wide inquiry mobilises a workforce toward a shared vision.

The panorama of urban violence in Brazil and its capitals

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Edinilsa Ramos de Souza

Full Text Available This article presents a descriptive epidemiological analysis of accidents and violence in Brazil and in the Brazilian capitals in recent years. The data used were made available by several sources: the Mortality Information System and the Hospital Information System of the Ministry of Health; the National Safety Department of the Ministry of Justice and the National Department of Transit of the Ministry of the Cities. The population data for the years 2002 and 2003 were made available by the DATASUS of the Ministry of Health. The authors emphasize some already known aspects: the high homicide rates and high death rates due to traffic accidents, the concentration of these events in the population of young black males and the complexity and multiplicity of determinants of these phenomena. The text points to a new scenery involving the spreading of homicides to neighbor communities of metropolitan areas and to the inner regions of the States. They further verify higher morbidity than mortality rates. It calls attention to Porto Velho, Macapá, Vitória, Rio de Janeiro and Cuiabá with the highest indicators for intentional violence - high rates of homicides and injuries - and to Palmas, with high death rates from traffic accidents and non-fatal victims per 10 thousand vehicles.

The Corporate Governance of Privately Controlled Brazilian Firms

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Érica C. R. Gorga

2009-09-01

Full Text Available We provide an overview of the corporate governance practices of Brazilian public companies, based primarily on an extensive 2005 survey of 116 companies. We focus on the 88 responding Brazilian private firms which are not majority owned by the state or a foreign company. We identify areas where Brazilian corporate governance is relatively strong and weak. Board independence is an area of weakness: The boards of most Brazilian private firms are comprised entirely or almost entirely of insiders or representatives of the controlling family or group. Many firms have zero independent directors. At the same time, minority shareholders have legal rights to representation on the boards of many firms, and this representation is reasonably common. Financial disclosure lags behind world standards. Only a minority of firms provide a statement of cash flows or consolidated financial statements. However, many provide English language financial statements, and an English language version of their website. Audit committees are uncommon, but many Brazilian firms use an alternate approach to ensuring financial statement accuracy – establishing a fiscal board. A minority of firms provide takeout rights to minority shareholders on a sale of control. Controlling shareholders often use shareholders agreements to ensure control.

Capital structure in the global shipping industry

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Paun Cristian

2016-01-01

Full Text Available The current economic crisis emerged from a particular financial crisis that started in the United States and being rapidly propagated all over the world. It did not affect a limited region or a limited economic sector. This crisis induced significant changes in all management areas, including financial management. This study is focused on financing strategies adopted by shipping companies during the crisis, analyzing relevant factors for a specific issue - the capital structure. The research methodology proposed for this analysis on relevant factors that could explain the capital structure of shipping is OLS regression applied on selected variables derived from the financial statements of the major shipping companies. The dependent variables reflecting capital structure are book value to total liabilities ratio and book value to total debt ratio. The explanatory variables are derived from the theory of capital structure. This study empirically illustrates the relevance of the capital structure theory for the studied economic sector and is a useful tool for the shipping companies, providing relevant information about the optimal capital structure adopted by shipping companies and about factors that influence this decision during a crisis period.

Nature as capital: Advancing and incorporating ecosystem services in United States federal policies and programs.

Science.gov (United States)

Schaefer, Mark; Goldman, Erica; Bartuska, Ann M; Sutton-Grier, Ariana; Lubchenco, Jane

2015-06-16

The concept of nature as capital is gaining visibility in policies and practices in both the public and private sectors. This change is due to an improved ability to assess and value ecosystem services, as well as to a growing recognition of the potential of an ecosystem services approach to make tradeoffs in decision making more transparent, inform efficient use of resources, enhance resilience and sustainability, and avoid unintended negative consequences of policy actions. Globally, governments, financial institutions, and corporations have begun to incorporate natural capital accounting in their policies and practices. In the United States, universities, nongovernmental organizations, and federal agencies are actively collaborating to develop and apply ecosystem services concepts to further national environmental and economic objectives. Numerous federal agencies have begun incorporating these concepts into land use planning, water resources management, and preparations for, and responses to, climate change. Going forward, well-defined policy direction will be necessary to institutionalize ecosystem services approaches in federal agencies, as well as to guide intersector and interdisciplinary collaborative research and development efforts. In addition, a new generation of decision support tools are needed to further the practical application of ecosystem services principles in policymaking and commercial activities. Improved performance metrics are needed, as are mechanisms to monitor the status of ecosystem services and assess the environmental and economic impacts of policies and programs. A greater national and international financial commitment to advancing ecosystem services and natural capital accounting would likely have broad, long-term economic and environmental benefits.

Danish Capitalism in the 20th Century

DEFF Research Database (Denmark)

Iversen, Martin Jes; Sløk-Madsen, Stefan Kirkegaard

marked by large-scale redistribution and a very active public sector. The purpose of this book project is to analyze development of Danish capitalism in the 20th century. The first of our hypothesis state that the phases of Danish capitalism and the general corporate strategies reflected each other...... how the corporate strategies shaped and was shaped by the changing nature of Danish capitalism. Such a work as this is important as it bears testimony to the changing nature of market institutions. A descriptive and analytic exercise such as proposed here have only to a limited extent been carried out...... in the Danish language, and never in a compiled, comprehensive, and connected work. The English language situation for understanding Danish capitalism is even more dire, which leads to increasing, and likely reinforcing, stereotypes and myths about “the fairytale country”....

THE PRODUCTION OF THE CAPITALISM IN THE FIELD IN GENERAL TO THE PRODUCTION OF THE CAPITALISM IN THE BRAZILIAN FIELD: THE EXPERIENCE OF THE ENCAMPMENT CARLOS MARIGHELLA (MST/BA

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Antonio Leonan Alves Ferreira

2010-08-01

Full Text Available The present article defends the thesis of that the occupation of the land is presented as a historical possibility to surpass of the great contradiction that demarcates the process of production in the capitalist way to produce the life: the expropriation of the worker of the field. The problematic concerning the process of production of the capitalism in the field in more general level and Brazil, its determination historic socials, and the risks of the process of institutionalization in a particular and singular. For in such a way, it carries through a sociological analysis of the process of production of the capitalism in the field, it reflects on the production of the capitalism in the field in Brazil, and displays the risks, for the workers, of the institutionalization of the expropriation and resistance in the scope of the social fights in the present time

Brazilian energy balance 1999: 1983 to 1998 period

International Nuclear Information System (INIS)

1999-01-01

This report shows the energy flows of different primary and secondary sources, from the production to the final consumption in every sector of the Brazilian economy, for the 1983 to 1998 period. It is divided into nine chapters, as follows: summary; energy supply and consumption by source; energy consumption by sector; energy import and export; transformation centers balances; energy resources and reserves; energy and socio economy; energy data relating to brazilian states; and appendices - installed capacity, world data, general structure of the balance, information processing, conversion units and consolidated energy balance

Brazilian energy balance 1999: 1983 to 1998 period

Energy Technology Data Exchange (ETDEWEB)

NONE

1999-07-01

This report shows the energy flows of different primary and secondary sources, from the production to the final consumption in every sector of the Brazilian economy, for the 1983 to 1998 period. It is divided into nine chapters, as follows: summary; energy supply and consumption by source; energy consumption by sector; energy import and export; transformation centers balances; energy resources and reserves; energy and socio economy; energy data relating to brazilian states; and appendices - installed capacity, world data, general structure of the balance, information processing, conversion units and consolidated energy balance.

THE CAPITAL STRUCTURE OF VENTURE CAPITAL FIRMS IN INDONESIA

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Andi Buchari

2016-10-01

Full Text Available Venture capital (VC is an important fund source for small and medium enterprises (SMEs and start up, particularly to deliver its main product of equity participation. Therefore, capital structure and factors that affect it are very crucial. This study aims to analyze the capital structure of VC firms in Indonesia using econometric model of panel data regression. This study utilizes secondary data of six years period (2009-2014 monthly financial statements of 27 samples out of 58 VC firms to form 1,944 observations. The study reveals that capital structure of VC firms in Indonesia is dominated by debt/loan rather than capital with DER on average is 136.95%. In addition, the research confirms that VC firms’ capital structure is affected simultaneously by financial aspects which are asset size, profitability, liquidity, asset/investment quality, and earning asset structure. The attentions to financial aspects that affect the VC firms’ capital structure as well as other initiatives related to capital increases are necessary so that the VC firms could carry out its role effectively.

Social Capital and Casino Gambling in U.S. Communities

Science.gov (United States)

Tabor Griswold, Mary; Nichols, Mark W.

2006-01-01

This paper empirically analyzes the impact that the spread of casino gambling has on social capital in communities throughout the United States. Social capital is a networking process that translates into an individual's effectiveness in the community and workplace, and binds communities together. Several recent studies have also demonstrated a…

Clustering of physical inactivity in leisure, work, commuting and household domains among Brazilian adults.

Science.gov (United States)

Del Duca, G F; Nahas, M V; de Sousa, T F; Mota, J; Hallal, P C; Peres, K G

2013-06-01

To identify the clustering of physical inactivity in leisure, work, commuting and household contexts, and the sociodemographic factors associated with the clustering of inactive behaviour in different domains among Brazilian adults. Cross-sectional population-based study. The study was performed in Florianopolis, capital of Santa Catarina, one of the southern states of Brazil, from September 2009 to January 2010. Adults aged 20-59 years were interviewed. Physical inactivity in each domain was defined as non-participation in specific physical activities, using a validated Brazilian questionnaire. Clustering of physical inactivity was identified by the ratio between observed prevalence and expected prevalence of 16 different combinations. Multinomial logistic regression was used in the analysis of sociodemographic factors associated with clustering of physical inactivity. Of the 1720 interviewees, the greatest differences between the observed and expected proportions were observed in simultaneous physical inactivity in the leisure and household domains for men, and physical inactivity in the leisure domain alone for women (59% and 88%, respectively); these differences were higher than expected if the behaviours were independent. Physical inactivity in two or more domains was observed more frequently in men and in individuals with a higher per-capita family income. Ageing was associated with physical inactivity in three or four domains. Physical inactivity was observed in different domains according to gender. Men and older individuals with a higher per-capita family income were more likely to exhibit physical inactivity when all domains were considered together. Copyright © 2013 The Royal Society for Public Health. Published by Elsevier Ltd. All rights reserved.

Sedentary lifestyle and its associated factors among adolescents from public and private schools of a Brazilian state capital.

Science.gov (United States)

Nascente, Flávia Miquetichuc Nogueira; Jardim, Thiago Veiga; Peixoto, Maria do Rosário Gondim; Carneiro, Carolina de Souza; Mendonça, Karla Lorena; Póvoa, Thaís Inácio Rolim; Sousa, Ana Luiza Lima; Barroso, Weimar Kunz Sebba; Jardim, Paulo César Brandão Veiga

2016-11-21

Adolescence is a transition stage between childhood and adulthood and is an important phase for the acquisition of future lifestyles, including the practice of physical activity (PA). The prevalence of sedentary lifestyle in adolescents is often high, creating the need for studies addressing the practice of PA and its associated factors for a better understanding of the phenomenon and possible interventions that would encourage positive changes. Cross-sectional study of a representative sample of students aged 14-18 years enrolled in both public and private schools of a large Brazilian city to determine the level of physical activity (PA) and its associated factors. Sedentary lifestyle was measured by applying the International Physical Activity Questionnaire. The independent variables were gender, age, race, tobacco use and alcohol consumption in the past 30 days, socioeconomic status, body mass index, waist circumference and blood pressure. The crude prevalence ratio was used as a measure of association and was estimated from a Poisson regression. The sample consisted of 862 adolescents with a mean age of 15.4 ± 1.1 years. Females were predominant (52.8%), and the age between 14 and 15 years was the most frequent (52.2%). The majority of the group reported themselves as Caucasians (51.2%), belonging to socioeconomic class C (52.5%) and were attending to public schools (69.1%). The prevalence of sedentary lifestyle was 66.8% (95% confidence interval [CI]: 63.5-69.9), where values of 65.4% and 69.9% were observed among students from public and private schools, respectively (p = 0.196). Sedentary lifestyle was more frequent in females (78.0% vs 54.3%; p sedentary lifestyle was female gender both in public and private schools and the only independent variable related to sedentarism was also female gender. The prevalence of sedentary lifestyle was extremely high in the population of adolescents studied both in public and private schools. Female sex was

The nuclear agreement with Germany in the context of Brazilian 'model' and the crisis

International Nuclear Information System (INIS)

Rosa, L.P.; Pires, R.L.N.F.

1984-01-01

The Brazilian Nuclear Program is discussed in the context of the so-called Brazilian 'model' which conditions the industrial and technological structure of Brazil. The relations between the Brazilian private industry, the Brazilian state industry and the foreign multinational industry in the nuclear agreement Brazil - Germany are indicated. The economic crisis, the 'energy crisis', the mistakes of the nuclear program, the political fight for the revision of the agreement, the present situation and the problems of technological transfer are also discussed. Some alternatives are suggested for NUCLEBRAS. In an annex, comments are made on the question of Brazilian reactors safety. The so-called system of Protection to the Nucleare Program is also mentioned. (I. de C.R.) [pt

Thin Capitalization Rules and Multinational Firm Capital Structure

NARCIS (Netherlands)

Blouin, J.; Huizinga, H.P.; Laeven, L.; Nicodeme, G.

2014-01-01

Abstract: This paper examines the impact of thin capitalization rules that limit the tax deductibility of interest on the capital structure of the foreign affiliates of US multinationals. We construct a new data set on thin capitalization rules in 54 countries for the period 1982-2004. Using

On the capitalization and cultivation of social capital

DEFF Research Database (Denmark)

Waldstrøm, Christian; Svendsen, Gunnar Lind Haase

2008-01-01

a dual focus on social capital as both immediately and potentially productive resources, i.e. assets that can be immediately capitalized by individuals as well as ‘cultivated' for future use. We argue that to further operationalize this concept we must distinguish between actual/potential social capital...

Capoeira Angola and its relations with the myth of Brazilian racial democracy

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Gabriela Balaguer

2017-06-01

Full Text Available Capoeira is a cultural manifestation widely known as part of Brazilian identity and culture both by Brazilians and foreigners. Nevertheless, for being originally a black popular culture, it must be understood in relation to the dominant culture, where elements of resistance and consent are present (HALL, 2013. In the nineteenth and in the beginning of the twentieth century, capoeira was strongly repressed by the State, driving the blacks away from the construction of national identity based on racial and ethnic grounds (REIS, 2000. In the 30's, a new narrative of Brazilian identity, known as Brazilian racial democracy, treasured the cultural and biological integration of the three existing races in Brazil (SCHWARZ, 2012; MUNANGA, 1996. Along with other cultural and religious manifestations, capoeira is now valued and integrated into the State (PIRES, 2010. The text aims at raising aspects that allow a reappraisal of how the Angola capoeira relates to racial and ethnic issues, based on questioning the myth of racial democracy and the contribution of cultural studies (MUNANGA, 1996; CARONE; BENTO, 2002; HALL, 2013.

State Education as High-Yield Investment: Human Capital Theory in European Policy Discourse

Science.gov (United States)

Gillies, Donald

2011-01-01

Human Capital Theory has been an increasingly important phenomenon in economic thought over the last 50 years. The central role it affords to education has become even more marked in recent years as the concept of the "knowledge economy" has become a global concern. In this paper, the prevalence of Human Capital Theory within European…

Challenges of Governing Second-Growth Forests: A Case Study from the Brazilian Amazonian State of Pará

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Ima Célia Guimarães Vieira

2014-07-01

Full Text Available Despite the growing ecological and social importance of second-growth and regenerating forests across much of the world, significant inconsistencies remain in the legal framework governing these forests in many tropical countries and elsewhere. Such inconsistencies and uncertainties undermine attempts to improve both the transparency and sustainability of management regimes. Here, we present a case-study overview of some of the main challenges facing the governance of second-growth forests and the forest restoration process in the Brazilian Amazon, with a focus on the state of Pará, which is both the most populous state in the Amazon and the state with the highest rates of deforestation in recent years. First, we briefly review the history of environmental governance in Brazil that has led to the current system of legislation governing second-growth forests and the forest restoration process in Pará. Next, we draw on this review to examine the kinds of legislative and operational impediments that stand in the way of the development and implementation of a more effective governance system. In particular, we highlight problems created by significant ambiguities in legal terminology and inconsistencies in guidance given across different levels of government. We also outline some persistent problems with the implementation of legal guidance, including the need to understand local biophysical factors in order to guide an effective restoration program, as well as difficulties presented by access to technical assistance, institutional support and financial resources for the establishment and monitoring of both existing secondary forests and newly regenerating areas of forest. Whilst we focus here on a Brazilian case study, we suggest that these kinds of impediments to the good governance of second-growth forests are commonplace and require more concerted attention from researchers, managers and policy makers.

Nonprescribed use of tranquilizers and use of other drugs among Brazilian students

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Emérita S. Opaleye

2014-03-01

Full Text Available Objectives: To describe patterns of nonprescribed use of tranquilizers by students aged 10 to 18 years and assess the sociodemographic characteristics of these adolescents and their use of other substances. Methods: A randomized and stratified sample of 47,979 students from state and private schools of the 27 Brazilian state capitals completed a self-report questionnaire. Poisson regression was used to estimate the associations between tranquilizer use and sociodemographic factors, as well as the use of other psychotropic substances. Results: The lifetime prevalence of nonprescribed use of tranquilizers was 3.9%. Use was most common among girls, wealthier adolescents, and those from private schools. An association was found between use of tranquilizers and lifetime use of alcohol (prevalence ratio [PR] = 3.15; 95% confidence intervals [95%CI] 2.58-3.85, tobacco (PR = 2.61; 95%CI 2.31-2.95, illicit drugs (PR = 3.70; 95%CI 3.19-4.29, and other prescription drugs (PR = 7.03; 95%CI 6.18-7.99. As the number of substances adolescents reported having used increased, so did the nonprescribed use of tranquilizers. Conclusions: Nonprescribed use of tranquilizers by adolescents might indicate the use of other substances, including high-risk combinations such as tranquilizers and alcohol. The risks of this association should be addressed during the early stages of drug prevention programs.

Nonprescribed use of tranquilizers and use of other drugs among Brazilian students.

Science.gov (United States)

Opaleye, Emérita S; Ferri, Cleusa P; Locatelli, Danilo P; Amato, Tatiana C; Noto, Ana R

2014-01-01

To describe patterns of nonprescribed use of tranquilizers by students aged 10 to 18 years and assess the sociodemographic characteristics of these adolescents and their use of other substances. A randomized and stratified sample of 47,979 students from state and private schools of the 27 Brazilian state capitals completed a self-report questionnaire. Poisson regression was used to estimate the associations between tranquilizer use and sociodemographic factors, as well as the use of other psychotropic substances. The lifetime prevalence of nonprescribed use of tranquilizers was 3.9%. Use was most common among girls, wealthier adolescents, and those from private schools. An association was found between use of tranquilizers and lifetime use of alcohol (prevalence ratio [PR] = 3.15; 95% confidence intervals [95%CI] 2.58-3.85), tobacco (PR = 2.61; 95%CI 2.31-2.95), illicit drugs (PR = 3.70; 95%CI 3.19-4.29), and other prescription drugs (PR = 7.03; 95%CI 6.18-7.99). As the number of substances adolescents reported having used increased, so did the nonprescribed use of tranquilizers. Nonprescribed use of tranquilizers by adolescents might indicate the use of other substances, including high-risk combinations such as tranquilizers and alcohol. The risks of this association should be addressed during the early stages of drug prevention programs.

An evaluation of current approaches to nursing home capital reimbursement.

Science.gov (United States)

Cohen, J; Holahan, J

1986-01-01

One of the more controversial issues in reimbursement policy is how to set the capital cost component of facilities rates. In this article we examine in detail the various approaches used by states to reimburse nursing homes for capital costs. We conclude that newer approaches that recognize the increasing value of nursing home assets over time, commonly called fair rental systems, are preferable to the methodologies that have been used historically in both the Medicare and the Medicaid programs to set capital rates. When properly designed, fair rental systems should provide more rational incentives and less encouragement of property manipulation than do more traditional systems, with little or no increase in state costs.

The 2014 Elections and the Brazilian Party System

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Carlos Ranulfo Melo

2015-04-01

Full Text Available The Brazilian party system presents a paradox. Although the Workers Party (PT and the Brazilian Social Democratic Party (PSDB have controlled presidential elections for the last 20 years, their force at the other levels of electoral competition has not grown. The objective of this study is to undertake a discussion of this situation through the 2014 general elections. After attempting to explain why successive challengers have not been able to change the structure of competition for the Brazilian presidency, I will analyze the relation established between the pattern observed at this level and the other “connected” electoral disputes—both those for state executive and federal legislative office. The general conclusion is that even if the pattern continues, it is quite improbable that this will significantly impact the other levels of national political party competition.

Exchange rate misalignment, capital accumulation and income distribution: Theory and evidence from the case of Brazil

Directory of Open Access Journals (Sweden)

Oreiro José Luis

2013-01-01

Full Text Available This article analyzes the relationship between economic growth, income distribution and real exchange rate within the neo-Kaleckian literature, through the construction of a nonlinear macrodynamic model for an open economy in which investment in fixed capital is assumed to be a quadratic function of the real exchange rate. The model demonstrates that the prevailing regime of accumulation in a given economy depends on the type of currency misalignment, so if the real exchange rate is overvalued, then the regime of accumulation will be profit-led, but if the exchange rate is undervalued, then the accumulation regime is wage-led. Subsequently, the adherence of the theoretical model to data is tested for Brazil in the period 1994/Q3-2008/Q4. The econometric results are consistent with the theoretical non-linear specification of the investment function used in the model, so that we can define the existence of a real exchange rate that maximizes the rate of capital accumulation for the Brazilian economy. From the estimate of this optimal rate we show that the real exchange rate is overvalued in 1994/Q3- 2001/Q1 and 2005/Q4-2008/Q4 and undervalued in the period 2001/Q2-2005/Q3. As a direct corollary of this result, it follows that the prevailing regime of accumulation in the Brazilian economy after the last quarter of 2005 is profit-led.

Capital mobility, tax competition, and lobbying for redistributive capital taxation

OpenAIRE

Lorz, Jens Oliver

1996-01-01

This paper analyzes the impact of international capital mobility on redistributive capital taxation and on lobbying activities by interest groups. It employs a model where different capital endowments lead to a conflict between households concerning their most preferred capital tax rate. Three main results are derived: First, redistributive source based capital taxes or subsidies decline as international tax competition intensifies. Second, lobbying activities of certain interest groups may e...

Association Between Community Social Capital and Hospital Readmission Rates.

Science.gov (United States)

Brewster, Amanda L; Lee, Suhna; Curry, Leslie A; Bradley, Elizabeth H

2018-05-31

Hospital readmissions remain frequent, and are partly attributable to patients' social needs. The authors sought to examine whether local community levels of social capital are associated with hospital readmission rates. Social capital refers to the connections among members of a society that foster norms of reciprocity and trust, which may influence the availability of support for postdischarge recovery after hospitalization. Associations between hospital-wide, risk-stratified readmission rates for hospitals in the United States (n = 4298) and levels of social capital in the hospitals' service areas were examined. Social capital was measured by an index of participation in associational activities and civic affairs. A multivariate linear regression model was used to adjust for hospital and community factors such as hospital financial performance, race, income, and availability of heath care services. Results showed that higher social capital was significantly associated with lower readmission rates (P social capital in its region, but in areas of low social capital, it may be possible for public or philanthropic sectors to buttress the types of institutions that address nonmedical causes of readmission.

Generating social capital through public health leadership training: a six-year assessment.

Science.gov (United States)

Hawley, Suzanne R; St Romain, Theresa; Rempel, Scott L; Orr, Shirley A; Molgaard, Craig A

2012-08-01

Social capital, or a sense of partnership leading to shared goals, provides a means for addressing today's public health workforce challenges. This concept is particularly important in underserved rural areas, though efforts to intentionally generate social capital have been limited. Within the rural state of Kansas, the Kansas Public Health Leadership Institute (KPHLI) has implemented a social capital pre/post assessment to quantify the impact of KPHLI training on social capital within the state's decentralized public health system. This paper discusses 38 assessment items related to bonding, bridging and linking social capital. The assessment was completed pre and post training by 130 of 148 scholars (87.8%) in six KPHLI training cycles. Data were analyzed using Wilcoxon paired t-tests in SPSS. Thirty-five of 38 items demonstrated statistically significant increases at post-test, across all 10 sub-domains. Leadership training by the KPHLI fosters quantifiable increases in characteristics of social capital, which are essential for public health systems to cope with increased workforce demands and prepare for accreditation. This study represents a key first step in examining the deliberate generation of social capital within a decentralized rural environment.

THE IMPORTANCE OF STATE’S ROLE IN THE HUNGARIAN VENTURE CAPITAL MARKET

Directory of Open Access Journals (Sweden)

Jenő Konecsny

2011-07-01

Full Text Available The presence of state also has an indirect and direct effect on the developement of the Hungarian venture capital market. Indirect effect is realized through the law legislation and the direct one by the operate of the different venture capital firms and funds which invest public financial sources. The main purpose of the direct intervention is to finance the under-capitalized small and medium-sized start-up companies with equity. The paper examines the Hungarian venture capital market from the aspect of state intervention. It starts with an European overview which summarizes the common and different attributes of state’s role in the venture capital market between several European countries. The paper focuses on the Hungarian situation, it describes concisely the effect and efficiency of the governmental instructions which were taken for the legislation of the venture capital market. Using the results of a previous research the paper also examines the characteristics of the direct instructions. The paper decribes briefly the main details of the publicprivate initiative called JEREMIE-program, which started on the Hungarian venture capital market in the recent past.

Seeding Social Capital? Urban Community Gardening and Social Capital

DEFF Research Database (Denmark)

Christensen, Søren

2017-01-01

There is a continuing debate regarding urban community gardening’s benefits to local communities, and a particularly interesting branch of this debate has focused on community gardens capacity to encourage and facilitate social interaction, which may generate social capital. Social capital...... is an increasingly important concept in international research and measures of social capital have been associated with various measures of health. In a meta-analysis of literature published between 2000 and 2016 regarding community gardens’ social advantages, through the lens of the concept of social capital......, it is demonstrated that several studies substantiate that urban community gardens create social capital, both bonding and bridging, and exhibit indications of linking. It is moreover identified how there is much to be learned from future research, illuminating how urban community gardens can foster social capital...

Rethinking the economics of capital mobility and capital controls

Directory of Open Access Journals (Sweden)

Thomas I. Palley

2009-09-01

Full Text Available This paper reexamines the issue of international financial capital mobility, which is today's economic orthodoxy. Discussion is often framed in terms of the impossible trinity. That framing distorts discussion by representing capital mobility as having equal significance with sovereign monetary policy and control over exchange rates. It also distorts discussion by ignoring possibilities for coordinated monetary policy and exchange rates, and for managed capital flows. The case for capital mobility rests on neo-classical economic efficiency arguments and neo-liberal political arguments. The case against capital mobility is based on Keynesian macroeconomic inefficiency arguments, neo-Walrasian market failure arguments, and neo-Marxian arguments regarding distortion of the social structure of accumulation. Close examination shows the case for capital mobility to be extremely flimsy, pointing to the ideological dimension behind today's policy orthodoxy.

Bridges in social capital: a review of the definitions and the social capital of social capital researchers

OpenAIRE

Akcomak, S.

2009-01-01

There has been a recent surge of interest in social economics and social capital. Articles on social capital that are published in the last five years constitute more than 60 percent of all articles on social capital. Research on social capital is now massive and spans sociology, economics, management, political science and health sciences. Despite this interest there is still not a consensus on the definition and the measurement of social capital. This paper argues that this is due to lack o...

Networks Versus Need: Drivers of Urban Out-Migration in the Brazilian Amazon.

Science.gov (United States)

Randell, Heather F; VanWey, Leah K

2014-12-01

As urbanization rates rise globally, it becomes increasingly important to understand the factors associated with urban out-migration. In this paper, we examine the drivers of urban out-migration among young adults in two medium-sized cities in the Brazilian Amazon-Altamira and Santarém-focusing on the roles of social capital, human capital, and socioeconomic deprivation. Using household survey data from 1,293 individuals in the two cities, we employ an event history model to assess factors associated with migration and a binary logit model to understand factors associated with remitting behavior. We find that in Altamira, migration tends to be an individual-level opportunistic strategy fostered by extra-local family networks, while in Santarém, migration tends to be a household-level strategy driven by socioeconomic deprivation and accompanied by remittances. These results indicate that urban out-migration in Brazil is a diverse social process, and that the relative roles of extra-local networks versus economic need can function quite differently between geographically proximate but historically and socioeconomically distinct cities.

Brazilian Development vs. the Amazonian Indians.

Science.gov (United States)

McNeil, Stephen

1978-01-01

We may be involved in a replay of the Indian genocide and dislocation characteristic of early U.S. history through the workings of international economics. This historical account briefly outlines the recent economic developments in the Brazilian Amazon, the effects that those policies have on the natives, and the United States' involvement in…

Characterization of clays used in the fabrication of traditional brazilian ceramic pans: culture and technique

International Nuclear Information System (INIS)

Borlini, Monica Castoldi; Aguiar, Mariane Costalonga de; Vieira, Carlos Mauricio Fontes; Monteiro, Sergio Neves

2009-01-01

The fabrication process of clay pans in the state of Espirito Santo, southeast of Brazil, is a recognized part of the country's popular culture. In Goiabeiras, a district of the state capital Vitoria, the traditional production of these pans is the source of income for many families. The technique used in these ceramic pans is of indigenous origin, characterized by manual molding, outdoor burning and application of tannin dye. The clay pans are distributed to several Brazilian states and are nowadays conquering the external market. In producing these pans, two types of, yellow and gray, clays are used. The actual source of raw material comes from the deposit of the Mulemba valley, where a concern on the possibility of exhaustion exists. The objective of this study was then to characterize these two types of clays and so contribute to the continuity of traditional clay pan production by knowing the characteristics of the local clays in case of an eventual need for their replacement. Chemical analysis, X-ray diffraction, particle size distribution, plasticity and thermal analysis of the clays were performed. The results showed that the clays are high plasticity kaolinite with considerable amounts of SiO 2 and Al 2 O 3 as well as of alkaline oxides, earth alkaline oxides and Fe 2 O 3 . (author)

[Tobacco use in Brazilian school adolescents: association with mental health and family context].

Science.gov (United States)

Zander Neves, Camila; Devicari Bueno, Claudine; Pires Felden, Giovana; Costa Irigaray, Mariane; Rivadeneira, María Fernanda; Oenning, Nágila Soares Xavier; Goulart, Bárbara N G

To study the association between aspects of mental health and the family context with tobacco experimentation and consumption among Brazilian schoolchildren. A cross-sectional study using data from the National Survey of Schoolchildren's Health in Brazil conducted on 109,104 schoolchildren from the ninth year of elementary school, day scholars in public and private schools in all Brazilian state capitals and the Federal District. Descriptive analysis of variables, bivariate and multivariate analyses were performed with logistic regression estimates, adjusted for socioeconomic variables, obtaining the odds ratio (OR) and 95% confidence interval (95%CI). Among the participants, 52.2% were female. Twenty point nine percent of the students reported having experimented with cigarettes at least once. Adolescents who experienced more often feelings of loneliness (OR: 2.07; 95%CI: 1.98-2.16), difficulty sleeping (OR: 2.37; 95%CI: 2.52-2.48) and lower social interaction (OR: 1.27; 95%CI: 1.26-1.32), were more likely to smoke, regardless of socioeconomic status. The schoolchildren of parents or caregivers (OR: 2.39; 95%CI: 2.29-2.49) who did not know what their children did in their free time (OR: 1.52; 95%CI: 1.46-1.59) were associated with more frequent cigarette smoking. An association was seen between aspects of mental health and the family context with the experimentation and consumption of tobacco in adolescents enrolled in the study in Brazil. These associations are independent of school type, sex and skin colour. It is important that programmes for the prevention of tobacco use in adolescence emphasise these findings. Copyright © 2017 SESPAS. Publicado por Elsevier España, S.L.U. All rights reserved.

Bringing human, social, and natural capital to life: practical consequences and opportunities.

Science.gov (United States)

Fisher, William P

2011-01-01

Capital is defined mathematically as the abstract meaning brought to life in the two phases of the development of "transferable representations," which are the legal, financial, and scientific instruments we take for granted in almost every aspect of our daily routines. The first, conceptual and gestational, and the second, parturitional and maturational, phases in the creation and development of capital are contrasted. Human, social, and natural forms of capital should be brought to life with at least the same amounts of energy and efficiency as have been invested in manufactured and liquid capital, and property. A mathematical law of living capital is stated. Two examples of well-measured human capital are offered. The paper concludes with suggestions for the ways that future research might best capitalize on the mathematical definition of capital.

Políticas públicas e internacionalização de empresas brasileiras / Public policy and internationalization of brazilian enterprises

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Leandro Bruno Santos

2015-04-01

Full Text Available The productive internationalization is an essential process to the enterprises strengthening and nations competitiveness growing, due to positive impact on their flows, technology and foreign exchange trade. The major developed economies were pioneers in supporting their enterprises trade and productive internationalization, by creation of funding programs, market research, insurance and guarantees, and trade missions. The objective of this text is to analyze the Brazilian State role played in the several cycles of local companies productive internationalization on the one hand and display in detail the more decisive role of the Banco Nacional de Desenvolvimento Econômico e Social (BNDES in the “national champions” formation and productive internationalization during the early years of this century on the other. The main conclusion is that the bank, to support groups that operate in capital and natural resources intensive industries, has reinforced the regressive specializations and the adaptation technological pattern.

THERE IS INFLUENCE IN DEVELOPMENT OF COMPANIES WHICH BUILT STOCK, WITH SUPPORT OF INVESTIMENT FUND PRIVATE EQUITY AND VENTURE CAPITAL? EVIDENCES OF ENTRANT COMPANIES AT BOVESPA

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Caciano Gianechini

2013-09-01

Full Text Available This work seeks to identify the impact of the participation of Private Equity funds and Venture Capital (PE/VC, the performance of companies that owned the contribution prior to the opening of capital (IPO. In a more objective the present study seeks to investigate whether companies that opened capital, financed by PE/VC, have performed better than the other formerly the Brazilian stock market debut. The sample of work consists of 116 companies that made the initial public offering (IPO in the São Paulo Stock Exchange (BOVESPA in the period January 2004 to December 2009. First identified that 41 enterprises debuted at BOVESPA being financed by PE/VC funds. Furthermore, the results indicate that the influence of PE/VC funds tend to improve some indices of profitability and market of companies after the IPO. In summary, the evidence found lead to the conclusion that the organizations of private equity and venture capital influence positively the performance of investee companies.

Effect of social capital on food security among rural farming ...

African Journals Online (AJOL)

The study analyzed the effect of social capital on food security of rural farming households in Abia State, Nigeria with specific focus on measuring social capital dimensions among the rural farming households; determining the food security status of the households; analyzing the influence of socioeconomic characteristics of ...

Um estudo reflexivo da produção científica em capital intelectual.

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Suliani Rover

2008-10-01

Full Text Available This paper presents a refl exive study of the scientifi c production on IntellectualCapital (IC from a bibliometric study and from a mapping of the results of researchpublished in Brazilian journals classifi ed as “A” by Capes and in the proceedingsof the “EnAnpad” and of the “Congresso USP”. The analysis of the 73papers on CI published between 2000 and 2006 yielded the following results:the greater part of the studies is practical in nature; Mackenzie is the most relevantIES [instituição de ensino superior – graduate studies institution] in terms of scientifi c production; citation analysis points to the works by Edvinsson andMalone and Sveiby as the most referenced; most of the research devotes attentionto external users; ‘human, structural and customer capital’ is the most usedcategory; Edvinsson and Malone’s model inform most of the studies; there is aparallelism between the topics explored in the Brazilian and in the internationalcontexts; the multidisciplinary character of CI research is confi rmed, from thetendencies evidenced in the studies.

School trajectory and teenage pregnancy in three Brazilian state capitals

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Almeida Maria da Conceição C.

2006-01-01

Full Text Available This paper describes the relationship between school trajectory and incidence of teenage pregnancy. A cross-sectional residence-based questionnaire was applied, interviewing 4,634 youth ages 18 to 24 years, selected through a stratified three-stage sample. For the present study, young people ages 20 to 24 years (65.6% were chosen, with teenage pregnancy rates of 29.5% for females and 21.4% for males (in relation to their partners. Sexual debut was reported by 87% of women and 95.3% of men. The majority of young people reported irregular school trajectory, with 39% enrolled in school at the time of the study. Nearly half of those who had interrupted their studies at least once reported a teenage pregnancy. The main reasons for interrupting their studies were pregnancy and children for women and work for men. School dropout due to teenage pregnancy was mentioned by 40.1% of women for whom the outcome of pregnancy was a child. However, 20.5% had already dropped out of school before becoming pregnant.

The Brazilian Pampa: A Fragile Biome

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Valdir Marcos Stefenon

2009-12-01

Full Text Available Biodiversity is one of the most fundamental properties of Nature. It underpins the stability of ecosystems, provides vast bioresources for economic use, and has important cultural significance for many people. The Pampa biome, located in the southernmost state of Brazil, Rio Grande do Sul, illustrates the direct and indirect interdependence of humans and biodiversity. The Brazilian Pampa lies within the South Temperate Zone where grasslands scattered with shrubs and trees are the dominant vegetation. The soil, originating from sedimentary rocks, often has an extremely sandy texture that makes them fragile—highly prone to water and wind erosion. Human activities have converted or degraded many areas of this biome. In this review we discuss our state-of-the-art knowledge of the diversity and the major biological features of this regions and the cultural factors that have shaped it. Our aim is to contribute toward a better understanding of the current status of this special biome and to describe how the interaction between human activities and environment affects the region, highlighting the fragility of the Brazilian Pampa.

Electrocardiographic Findings in Brazilian Adults without Heart Disease: ELSA-Brasil.

Science.gov (United States)

Pinto, Marcelo Martins; Brant, Luisa C C; Padilha-da-Silva, José Luiz; Foppa, Murilo; Lotufo, Paulo A; Mill, José Geraldo; Vasconcelo-Silva, Paulo R; Almeida, Maria da Conceição C; Barreto, Sandhi Maria; Ribeiro, Antônio Luiz Pinho

2017-11-01

The electrocardiogram (ECG) is widely used in population-based studies. However, there are few studies on electrocardiographic findings in Latin America and in Brazil. The Brazilian Longitudinal Study of Adult Health (ELSA-Brasil) comprised 15,105 participants (35-74 years) from six Brazilian capitals. To describe electrocardiographic findings in Brazilian adults without heart disease, stratified by sex, age and race/skin color. Cross-sectional study with baseline data of 11,094 adults (44.5% men) without heart disease from ELSA-Brasil. The ECGs were recorded with the Burdick Atria 6100 machine and stored at the Pyramis System. ECG analysis was automatically performed using the Glasgow University software. A descriptive analysis of heart rate (HR), P, QRS and T waves' duration, PR and QT intervals, and P, R and T axes was performed. After stratification by sex, race/color and age, the groups were compared by the Wilcoxon and Kruskal-Wallis test at a significance level of 5%. Linear regression models were used to evaluate the behavior of electrocardiographic parameters over age. Major electrocardiographic abnormalities defined by the Minnesota code were manually revised. Medians values of the electrocardiographic parameters were different between men and women: HR 63 vs. 66 bpm, PR 164 vs.158 ms, QT corrected 410 vs. 421 ms, QRS duration 92 vs. 86 ms, P-wave duration 112 vs. 108 ms, P-wave axis 54 vs. 57 degrees, R-wave axis 35 vs. 39 degrees, T-wave axis 39 vs. 45 degrees (p < 0.001 for all). The 2nd and the 98th percentiles of each variable were also obtained, and graphs were constructed to illustrate the behavior of the electrocardiographic findings over age of participants stratified by sex and race/skin color. The values for the electrocardiographic measurements herein described can be used as reference for Brazilian adults free of heart disease, stratified by sex. Our results suggest that self-reported race/skin color have no significant influence on

The Impact of Capital Structure on Economic Capital and Risk Adjusted Performance

OpenAIRE

Porteous, Bruce; Tapadar, Pradip

2008-01-01

The impact that capital structure and capital asset allocation have on financial services firm economic capital and risk adjusted performance is considered. A stochastic modelling approach is used in conjunction with banking and insurance examples. It is demonstrated that gearing up Tier 1 capital with Tier 2 capital can be in the interests of bank Tier 1 capital providers, but may not always be so for insurance Tier 1 capital providers. It is also shown that, by allocating a bank or insuranc...

Value Relevance of Investment Properties: Evidence from the Brazilian Capital Market

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Ketlyn Alves Gonçalves

2017-04-01

Full Text Available This study investigates the relevance to the capital market of the assets recognized as investment properties of companies listed on the BM&F BOVESPA, in the period from 2011 to 2014. The research conducted was based on the Ohlson model (1995 and panel analysis was carried out using linear regression with POLS and Fixed and Random Effects estimators. Two hypothesis were made: (i that Earning and Equity generate accounting information relevant to investors; and (2 that Earning, Equity and Investment Property generate accounting information relevant to investors, assuming that investment properties have incremental effect on the relevance of this information relative only to earning and to equity. Both hypotheses were rejected, so it is concluded that Investment Property assets are not of value relevance in the determination of share price and do not influence the decision making of users of accounting information. The study adds to the limited literature on the value relevance of Investment Property, permitting a better understanding of the impact of accounting disclosures used by companies on their market value.

South African Capital Structure Decisions: A Survey of Listed Companies

CSIR Research Space (South Africa)

De Wet, Lambert H

2015-12-01

Full Text Available , which states that firms seek the most convenient form of finance available (Myers, 1984); the Market Timing Theory, which states that managements effort to time their entry to market shapes the capital structure decision (Baker and Wurgler (2002...) and the Agency theory of Jensen and Meckling (1976), Myers (1984) proposes a ‘Pecking Order theory’, which advocates a freer capital structure whereby management does not aim for a specific leverage ratio, but instead uses the cheapest source of finance...

The Relationship between Social Capital and Corporal Punishment in Schools. A Theoretical Inquiry

Science.gov (United States)

Owen, Stephen S.

2005-01-01

This article explores the relationship between the use of corporal punishment in the public schools and the amount of social capital (i.e., residents degree of involvement in community matters) in a state. Existing state-level data regarding social capital and incidents of corporal punishment were utilized. Results show a statistically significant…

Capital effectiveness in a capital intensive project

Energy Technology Data Exchange (ETDEWEB)

Yarossi, M.E. (IPA Institute, The Hague (Netherlands))

2009-07-01

The technical difficulty of incorporating new technology in capital intensive projects has been underestimated. Bio-refineries projects are no exemption. These projects in many occasions have assigned inadequate project resources, such as lean project teams and overly optimistic contingencies. Furthermore, project developers have set unrealistic expectations; for example: aggressive schedule duration, low cost targets and optimistic operability targets. These project drivers set before project's authorization compromise the project's outcome. In many cases, this translates into lower return on investment, higher costs, and lower operability. In order to counteract these outcomes, it is critical for capital intensive projects, like bio-refineries, to have a well define project which will enable to increase its chance of success. IPA's research has shown that bio-refineries projects have poor project performance due to poor project practices, lack of owner project controls and inadequate change management. An adequate risk analysis during definition is a critical component of a project's success, especially when there is new technology, like biomass conversion. It is of outmost importance to asses this technology and set realistic expectations. parallel to this, there is a need to have a well established execution strategy, which should be maintained throughout the execution of the project. In conclusion, IPA's research has indicated that bio-refineries, as any other capital intensive project, need to assign adequate resources at an early state of project development, by making sure there is and adequate team in place, reasonable schedule, technical difficulties evaluation, and keeping control during execution. Although these elements might be seen as common practices that should be taken into account when developing a project, many projects being their execution without having a proper foundation, and thus affecting the project

STATE-INDUCED SOCIAL CAPITAL AND ETHNIC INTEGRATION: THE CASE OF RUKUN TETANGGA IN PENANG, MALAYSIA

OpenAIRE

Azeem Fazwan Ahmad Farouk; Mohamad Zaini Abu Bakar

2007-01-01

Proponents of social capital have argued that individuals boundtogether in dense social networks, infused with norms of reciprocity and trust, are better able and more inclined to act collectively for mutual benefit and social purposes as opposed to atomised individuals. This is due to the fact that the existence of social capital enables groups and individuals to deal smoothly and efficiently with various economic and social issues. Social capital is therefore seen as “sociological superglue...

Capital Punishment: An International Perspective.

Science.gov (United States)

Kaufman, Edy

1983-01-01

The debate over the death penalty in the United States has implications beyond our borders. Because of the lack of universal standards governing its use, only those countries which have abolished capital punishment may, with any moral authority, denounce its exploitation as an instrument of political expediency. (IS)

Selective logging in the Brazilian Amazon.

Science.gov (United States)

G. P. Asner; D. E. Knapp; E. N. Broadbent; P. J. C. Oliveira; M Keller; J. N. Silva

2005-01-01

Amazon deforestation has been measured by remote sensing for three decades. In comparison, selective logging has been mostly invisible to satellites. We developed a large-scale, high-resolution, automated remote-sensing analysis of selective logging in the top five timber-producing states of the Brazilian Amazon. Logged areas ranged from 12,075 to 19,823 square...

Human Capital and Optimal Positive Taxation of Capital Income

NARCIS (Netherlands)

B. Jacobs (Bas); A.L. Bovenberg (Lans)

2005-01-01

textabstractThis paper analyzes optimal linear taxes on capital and labor incomes in a life-cycle model of human capital investment, financial savings, and labor supply with heteroge- nous individuals. A dual income tax with a positive marginal tax rate on not only labor income but also capital

THE ROAD OF ROMANIA FROM FRONTIER TOWARDS EMERGING CAPITAL

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BELCIC-ŞTEFAN IULIA-OANA

2015-08-01

Full Text Available In the present study I first present the classification system of states by international financial institutions on economic and financial criteria, then focusing on the classification made by Morgan Stanley Capital International. According to it the capital market in Romania is currently a frontier one, the Financial Surveillance Authority pursuing the reclassification as an emerging capital market by August 2016. The findings of the study indicate this term as unrealistic, for several reasons. Thus, curently on the Romanian stock market there are only two entities out of 3 minimum required, respectively S.N.G.N Romgaz and Fondul Proprietatea, which fully meet the size and liquidity requirements imposed by MSCI in order to be reclassified as an emerging capital market. Also it is mandatory making significant progress regarding the effectiveness of the operational framework, progress made to some extent through Project S.T.E.A.M. (Set of actions Towards Establishing and Acknowledgment of the emerging Market status. On this project, after analyzing the degree of completion of the proposed measures in order to reach the primary and secondary objectives, whose deadlines have expired, according to the schedule provided, we found that only 69% of them were fulfilled. Given these considerations I can state that Romania could be reclassified as an emerging capital market at the earliest starting with 2017.

Empresariado industrial e a educação profissional brasileira Industrial businessmen and the Brazilian professional education

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Ramon de Oliveira

2003-12-01

of this article is to investigate the role industrial businessmen assign to professional education within their projects of economic development. The primary reference material used were technical documents by the Confederação Nacional da Indústria (CNI - National Confederation of Industries and by the Federação das Indústrias do Estado de São Paulo (Fiesp - Industry Federation of the State of São Paulo, and also testimonies from leaders of those institutions extracted from various Brazilian periodicals. The conclusion has been that although Brazilian businessmen have emphasized investments in basic and professional education, such emphasis seeks to adjust education in Brazil to economic interests and not to regard it as a social right to be guaranteed by the state to all citizens. The analyses and proposals for education made by businessmen evolve around principles similar to those put forward by the World Bank, which adhere strictly to the Theory of Human Capital. The text also shows that such proposals regarding economic development and educational policy have been incorporated into the Brazilian central government agenda during the 1990s.

Transnational Feminism: Re-reading Joan Scott in the Brazilian Sertão

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Millie Thayer

2001-01-01

Full Text Available Accounts of globalization often depict a world awash in faceless flows of global capital that deprive broad sectors of humanity of a role in the international division of labor. Extrapolating from this economic analysis to politics and culture, some theorists conclude that meaning has evaporated from local sites, leaving their isolated inhabitants unable to articulate their own alternatives to global agendas. However, fieldwork with a rural Brazilian women’s movement in one of these ‘structurally irrelevant’ places, finds another face of globalization with more potentially positive effects. These local activists create meaning in a transnational web of political/cultural relations that brings benefits as well as risks for their movement. Rural women engage with a variety of differently located feminist actors in relations constituted both by power and by solidarity. They defend their autonomy from the impositions of international funders, negotiate over political resources with urban Brazilian feminists, and appropriate and transform transnational feminist discourses. In this process, the rural women draw on resources of their own, based on the very local-ness whose demise is bemoaned by globalization theorists.

Entre o sentido da colonização e o arcaísmo como projeto: a superação de um dilema através do conceito de capital escravista-mercantil

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João Paulo A. de Souza

2008-03-01

Full Text Available Neste artigo, discute-se a proposta de Pires e Costa (1995, 2000 segundo a qual a economia brasileira no período escravista teria estado sujeita a uma forma específica do capital: o capital escravista-mercantil. Ela permite a superação da dicotomia entre o modelo interpretativo do Sentido da Colonização, proposto originalmente por Caio Prado Júnior, e o modelo do Arcaísmo como Projeto, proposto por Fragoso e Florentino (2001. O primeiro, por retratar a sociedade colonial como uma projeção imediata da expansão comercial européia, tem enfrentado dificuldades em acomodar as recentes evidências empíricas de que a economia colonial podia apresentar uma relativa autonomia, realizando acumulação endógena. O segundo, ao tentar de forma explícita acomodar essas evidências, acaba recusando a existência de um sentido da colonização tal como originalmente formulado. Para explicitar como o modelo do capital escravista-mercantil supera esse dilema, apresentamos uma analogia com o desenvolvimento da teoria do valor de Marx em O Capital.This paper discusses Pires and Costa's (1995, 2000 claim that the Brazilian economy during the slavery period functioned under the direction of a specific form of capital, called mercantile slavery capital. Their proposal allows us to overcome a dichotomy between the traditional interpretive model of the Meaning of Colonization, originally proposed by Caio Prado Júnior in the 1940's, and the new model of Archaism as a Project, proposed by Fragoso and Florentino (2001. The former, by depicting the Brazilian colonial society as an immediate result of the European commercial expansion, has had difficulties in explaining recent empirical evidence that the colonial economy was relatively autonomous, being able to carry out endogenous capital accumulation. The latter, however, in trying to explicitly accommodate this evidence turns out to reject the original formulation of the Meaning of Colonization as a

Ciudad de México: una megápolis emergente. El capital vs la capital

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José Luis Carrillo Barradas

2004-11-01

This work is an abstract of the doctoral thesis presented in the Combined Program of PhD. ETSA-UPM and Universidad Veracruzana (DAU-1 (Xalapa-Veracruz; Mexico; it includes modifications that the author adds to the defence made on March 4th 2003, about theoretical and methodological aspects mainly, that are not detailed in the original thesis. The doctoral research was supervised by the PhD. Architect José Fariña Tojo. The conceptual and theoretical frame is a phenomenological approximation in the search of the dialectic influences: City-Architecture-Urbanism-Territory-Economical Politics; using Mexico City and its urban phenomenon as the field of analysis. From the methodological point of view, the universal concept used is that of the Influences, subordinating concepts such as: models, paradigms, projects, utopias, processes, modes, dynamics, phenomena, relations, facts and tendencies; always related to Urban Pieces and to the Architecture of Mexico City (MC in a period circumscribed between 1940 and 2000; unimpaired of the historical references of the beginnings of the urban modernity in the Mexican Capital City at the very beginning of the 20th century. Through the diffusion and adaptation of the urban models of the French and North American schools, the Mexican State looking for the utopia of modernity, privileges the spatial sphere of Mexico City and its phenomenology of the emerging megalopolis. In the configuration the metropolitan phenomenon of MC which tendencies leads to the appearance of a megalopolitan dimension, the Mexican State with its theoretical support in the economy of market has done formal interventions, which have determined privilege urban shapes in the national capital. Conditions produced by the big public works of collective consumption. The State has also institutionalized models of urbanism and planning that involves the ideology of the economical benefit of real state in all the social and cultural strata facing the logic of the

Frequencies of CCR5-D32, CCR2-64I and SDF1-3’A mutations in Human Immunodeficiency Virus (HIV seropositive subjects and seronegative individuals from the state of Pará in Brazilian Amazonia

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Fernanda Andreza de Pinho Lott Carvalhaes

2005-12-01

Full Text Available The distribution of genetic polymorphisms of chemokine receptors CCR5-delta32, CCR2-64I and chemokine (SDF1-3’A mutations were studied in 110 Human Immunodeficiency Virus type 1 (HIV-1 seropositive individuals (seropositive group and 139 seronegative individuals (seronegative group from the population of the northern Brazilian city of Belém which is the capital of the state of Pará in the Brazilian Amazon. The CCR5-delta32 mutation was found in the two groups at similar frequencies, i.e. 2.2% for the seronegative group and 2.7% for the seropositive group. The frequencies of the SDF1-3’A mutation were 21.0% for the seronegative group and 15.4% for the seropositive group, and the CCR2-64I allele was found at frequencies of 12.5% for the seronegative group and 5.4% for the seropositive group. Genotype distributions were consistent with Hardy-Weinberg expectations in both groups, suggesting that none of the three mutations has a detectable selective effect. Difference in the allelic and genotypic frequencies was statistically significant for the CCR2 locus, the frequency in the seronegative group being twice that found in the seropositive group. This finding may indicate a protective effect of the CCR2-64I mutation in relation to HIV transmission. However, considering that the CCR2-64I mutation has been more strongly associated with a decreased risk for progression for AIDS than to the resistance to the HIV infection, this could reflect an aspect of population structure or a Type I error.

DISPOSITION EFFECT AMONG BRAZILIAN EQUITY FUND MANAGERS

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Eduardo Pozzi Lucchesi

2015-01-01

Full Text Available The disposition effect predicts that investors tend to sell winning stocks too soon and ride losing stocks too long. Despite the wide range of research evidence about this issue, the reasons that lead investors to act this way are still subject to much controversy between rational and behavioral explanations. In this article, the main goal was to test two competing behavioral motivations to justify the disposition effect: prospect theory and mean reversion bias. To achieve it, an analysis of monthly transactions for a sample of 51 Brazilian equity funds from 2002 to 2008 was conducted and regression models with qualitative dependent variables were estimated in order to set the probability of a manager to realize a capital gain or loss as a function of the stock return. The results brought evidence that prospect theory seems to guide the decision-making process of the managers, but the hypothesis that the disposition effect is due to mean reversion bias could not be confirmed.

Financialised capitalism Soviet style? Varieties of state capture and crisis

NARCIS (Netherlands)

Visser, A.; Kalb, D.P.

2010-01-01

Looking for new ways to interpret the failings of the neo-liberal economy, this article argues that financialised capitalism at the eve of the 2008 financial crisis showed striking analogies with the characteristic combination of oligopoly and informality of the Soviet economy at the eve of its

O valor de um intercâmbio: mobilidade estudantil brasileira, bilateralismo & internacionalização da educação. The value of an intercâmbio: brazilian student mobility, bilateralism & international education

Directory of Open Access Journals (Sweden)

Eric Spears

2014-05-01

Full Text Available Brazil’s emergence in the global economy as a member of the BRIC (Brazil, Russia, Índia, China, and South Africa states has prompted the federal government to establish the Brazilian Scientific Mobility Program (Science Without Borders in order to advance the country’s social capital and infrastructure in STEM (Science, Technology, Engineering, and Math related disciplines and industries. Public and private investment in the Scientific Mobility Program has transformed the way in which Brazilian government, universities, and citizenry places value the intercâmbio (student exchange experience in the United States. STEM-related disciplines are now disproportionately funded versus social sciences, humanities, and fine arts fields. This development has altered the way in which student mobility in the United States is given worth and changed the trajectory of international education in Brazil. This research provides a conceptual analysis of the Brazilian Scientific Mobility Program by using a critical political economy perspective. The essay conceptualizes the Science without Borders initiative at global, national, and local levels. This research also explores what implications the bilateral U.S.-Brazil Educational Partnership may have on future policy, practice, and ultimately, funding of Brazilian student mobility. A emergência do Brasil no âmbito da economia mundializada como participante do BRIC (Brasil, Rússia, Índia, China e África do Sul mobilizou o governo federal brasileiro a estabelecer um programa estatal de mobilidade acadêmica (Programa Ciência sem Fronteiras de modo a fazer avançar o capital social do país (general intellect e a infraestrutura em STEM (Ciência, Tecnologia, Engenharia e Matemática relacionadas à indústria. Investimentos públicos e privados no programa de mobilidade acadêmica transformaram o modo como o governo brasileiro e as universidades valorizam o intercâmbio estudantil com os Estados Unidos. As

Biotypology, regionalism, and the construction of a plural Brazilian bodily identity, 1930s.

Science.gov (United States)

Vimieiro-Gomes, Ana Carolina

2016-12-01

This article investigates regional biotypological studies and the construction of biological deterministic discourses about the Brazilian identity in the 1930s. Biotypological research was undertaken to determine the normal body type of the Brazilian man, using its peculiar classificatory lexicon. Studies into the bodily profile of specific regions, like the northeast and São Paulo state, featured in this research. In the context of the contemporary debates about race, miscegenation, and national identity, these investigations were geared towards biological determinism and the influence of the environment and social and cultural aspects on the bodily development of Brazilians. It is shown how regional biotypological studies echoed racial, normalizing, exclusive viewpoints and contributed to the construction of a miscegenated Brazilian bodily identity.

From political capitalism to clientelist capitalism? The case of Croatia

OpenAIRE

Vladimir Cvijanovic; Denis Redzepagic

2011-01-01

The paper analyses the typology of capitalism in Croatia. The Croatian form of capitalism is specific, in form and origin, with links between the pre-independence and post-independence periods, implying that capitalism has gradually evolved – from the political during the eighties towards current clientelistic capitalism. The manufacturing focus aims to facilitate the analysis of institutional, political and economic changes over the past forty years, emphasising the implications of instituti...

THE FINANCIAL STABILITY ANALYSIS THROUGH THE WORKING CAPITAL

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LĂPĂDUŞI MIHAELA LOREDANA

2012-12-01

Full Text Available The main goal of any business is to maintain the financial stability not only on the short term but also on medium and long term, in other words to maintain a harmony between financial sources and financial needs, respectively the equality between the assets and liabilities from the balance sheet. On short term, maintaining the financial stability involves correlating the temporary resources with the temporary uses by using the necessary working capital, and on the long-term, the financial stability involves comparing the permanent resources with the permanent uses by working capital indicator. The determination of the financial state of the company at a certain moment represents the key moment in establishing and adopting the economic and financial decisions in the management of the company. Maintaining the financial stability of the company represents one of the main objectives of the financial analysis and management and it also provides the optimum development of the entire economic and financial activity of the company. The analysis of the working capital size is based on the financial statement data and information, and based on this analysis is considered the financial situation of the company, the financial equilibrium state at a certain moment. The purpose of this article is to highlight the fact that the maintenance of the financial stability on medium and long term is subordinated to the “working capital” indicator, its content and interpretation evolving in time and varying differently from one company to another. The results of this research may have broad applicability in the field of the companies’ activity and it materializes in the complex approach of the working capital regarded as a classic indicator, frequently used in the financial analysis and with profound significance in establishing the financial state in general and the equilibrium state in particular.

Beyond the low-skill equilibrium? A case study of the local content policy in the Brazilian oil and gas industry

OpenAIRE

Melby, Maria

2015-01-01

This master thesis wishes to explore the labor market in the Brazilian oil and gas industry during the peak years of the oil boom, seen from Norwegian multinational companies (MNC) point of view. The theoretical perspective applied in the analysis is the hierarchical market economy (HME) typology, deriving from the varieties of capitalism (VOC) framework. In HMEs, the low-skill equilibrium is a prominent feature, in which none of the actors involved has incentives to invest in education and ...

Human rights, health, and capital accumulation in the Third World.

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Chossudovsky, M

1979-01-01

This article examines the relationship between human rights and the pattern of capital accumulation in the Third World. The repressive authoritarian State increasingly constitutes the means for enforcing the intensive exploitation of labor in Third World industrial enclaves and commercial agriculture. While the development of center capitalism has evolved toward "the Welfare State" and a framework of liberal sociodemocracy, the "peripheral State" is generally characterized by nondemocratic forms of government. This bipolarity in the state structure between center and periphery is functionally related to the international division of labor and the unity of production and circulation on a world level. The programs and policies of the center Welfare State (health, education, social security, etc.) constitute an input of "human capital" into the high-technology center labor process. Moreover, welfare programs in center countries activate the process of circulation by sustaining high levels of consumer demand. In underdeveloped countries, the underlying vacuum in the social sectors and the important allocations to military expenditure support the requirements of the peripheral labor process. Programs in health in the center and periphery are related to the bipolarity (qualification/dequalification) in the international division of labor. The social and economic functions of health programs are intimately related to the organic structure of the State and the mechanics whereby the State allocates its financial surplus in support of both capitalist production and circulation.

Capital Structure Analysis Of EBX Group’s Companies: Combining Theory And Practice

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Matheus da Costa Gomes

2017-12-01

Full Text Available According to market timing theory, companies tend to issue stocks or debts in order to exploit the opportunity window and this behavior is a significant determinant for capital structure. Based on this assertion and recent evidence found in the Brazilian market, this paper has the objective of analyzing the market timing behavior of the six publicly-traded companies in BM&FBOVESPA of the EBX Group (MPX, MMX, OXX, LLX, OSX and CCX, until mid-2013. For this purpose, the methodology used was a case study and as the main source of evidence indicators related to capital structure and stock market. An econometric approach to panel data has also been inserted to strengthen analyzes. The results show that the financial decisions made by managers of the EBX Group indicate attempts to exploit the opportunity windows related to the stock market, mainly measured by Shiller's price-to-earnings ratio (Shiller PE, an aggregate market index, as well as the market-to-book (M/B ratio of each company analyzed. This paper contributes to the discussion of market timing in Brazil, combining theory and practice in an intuitive and dynamic way bringing aspects related to companies and market conditions.

THE RELATIONSHIP OF HUMAN CAPITAL AND TAXATION SYSTEM IN THE CONTEXT OF SUSTAINABLE DEVELOPMENT

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E. G. Filimonova

2014-01-01

Full Text Available Summary. Maintaining a stable level of the national economy is a priority objective of socio-economic policy in Russia. It is known that the economic development of the state affected by several factors, among them the paramount levels of investment, including investment in human capital, which have a huge impact on the country's economic development, especially in the current situation in the economy, because human capital is one of the most important factors of economic growth. The problem of human capital - one of the most important in a changing world today. Translational motion of society crucially depends on his level and state (level of material well-being, attitude to work, education and qualifications are recognized in the scale of society's ideals and values, they define social norms, work motivation and social behavior, and the like .The article examines the relationship of the state investment in human capital and progressive economic development opportunities, as well as depending on the public investment in human capital from the existing tax system and tax policy pursued.

78 FR 55339 - Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Capital Adequacy...

Science.gov (United States)

2013-09-10

... countercyclical capital buffer was designed to take into account the macro-financial environment in which large... ability to raise capital to meet the increased minimum requirements in the current environment and upon...

Zebrafish in Brazilian Science: Scientific Production, Impact, and Collaboration.

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Gheno, Ediane Maria; Rosemberg, Denis Broock; Souza, Diogo Onofre; Calabró, Luciana

2016-06-01

By means of scientometric indicators, this study investigated the characteristics of scientific production and research collaboration involving zebrafish (Danio rerio) in Brazilian Science indexed by the Web of Science (WoS). Citation data were collected from the WoS and data regarding Impact Factor (IF) were gathered from journals in the Journal Citation Reports. Collaboration was evaluated according to coauthorship data, creating representative nets with VOSviewer. Zebrafish has attained remarkable importance as an experimental model organism in recent years and an increase in scientific production with zebrafish is observed in Brazil and around the world. The citation impact of the worldwide scientific production is superior when compared to the Brazilian scientific production. However, the citation impact of the Brazilian scientific production is consistently increasing. Brazil does not follow the international trends with regard to publication research fields. The state of Rio Grande do Sul has the greatest number of articles and the institution with the largest number of publications is Pontifícia Universidade Católica do Rio Grande do Sul. Journals' average IF is higher in Brazilian publications with international coauthorship, and around 90% of articles are collaborative. The Brazilian institutions presenting the greatest number of collaborations are Pontifícia Universidade Católica do Rio Grande do Sul, Universidade Federal do Rio Grande do Sul, Fundação Universidade Federal de Rio Grande, and Universidade de São Paulo. These data indicate that Brazilian research using zebrafish presents a growth in terms of number of publications, citation impact, and collaborative work.

Energy and the capital of nations

Science.gov (United States)

Karakatsanis, Georgios

2016-04-01

significant production factor. This work enriches such studies via integrating the analysis all forms of capital and for a wider range of countries; estimating the trade-off -as output elasticity ratios- between the accumulation of various anthropogenic capital forms and the deterioration of natural capital -considered both as resource stock and carrying capacities of the environment. Keywords: energy, fossil fuels, industrial civilization, capital, production factor, natural capital, 2nd Law, entropy, irreversibility, exergy, LINEX function, output elasticity References 1. Ayres, Robert U. and Benjamin Warr (2009), The Economic Growth Engine: How Energy and Work Drive Material Prosperity, Edward Elgar and IIASA 2. Kümmel, Reiner (2011), The Second Law of Economics: Energy, Entropy and the Origins of Wealth, Springer 3. Lindenberger, Dietmar and Reiner Kümmel (2011), Energy and the state of nations, Energy 36, 6010 - 6018 4. Wall, Goran (2005), Exergy Capital and Sustainable Development, Proceedings of the Second International Exergy, Energy and Environment Symposium, Kos, Greece, Paper No. XII-I49

Prevalence of and factors associated with self-reported high blood pressure in Brazilian adults.

Science.gov (United States)

Malta, Deborah Carvalho; Bernal, Regina Tomie Ivata; Andrade, Silvânia Suely Caribé de Araújo; Silva, Marta Maria Alves da; Velasquez-Melendez, Gustavo

2017-06-01

To analyze factors associated with self-reported high blood pressure among adults in Brazilian state capitals. The study uses data from Sistema de Vigilância de Fatores de Risco e Proteção para Doenças Crônicas por Inquérito Telefônico (Vigitel - Surveillance System of Risk and Protection Factors of Noncommunicable Diseases by Telephone Survey) collected in 2013. Prevalence rates and their respective 95% confidence intervals by gender were estimated according to sociodemographic variables, lifestyle, reported noncommunicable diseases and self-rated health status. Multivariate logistic regression modeling was used to identify variables associated with self-reported high blood pressure with α high blood pressure among adults living in Brazilian state capitals and the Federal District was 24.1%. The following variables were associated with self-reported high blood pressure: age group, taking 18-24 as reference (all age groups presented increased risk - from 25-34 years [OR = 2.6; 95%CI 2.0-3.4] up to 65 years or more [OR = 28.1; 95%CI 21.7-36.4]); low education level (9 to 11 years of study [OR = 0.8; 95%CI 0.7-0.9] and 12 years or more [OR = 0.6; 95%CI 0.6-0.7]); Black race or skin color (OR = 1.3; 95%CI 1.1-1.5); being a former smoker (OR = 1.2; 95%CI 1.1-1.3); obesity (OR = 2.7; 95%CI 2.4-3.0); diabetes (OR = 2.9; 95%CI 2.5-3.5%), and high cholesterol (OR = 1.9; 95%CI 1.8-2.2). Approximately one quarter of the adult population living in Brazilian state capitals reported having high blood pressure. Information from Vigitel is useful to monitor high blood pressure and identity its associated factors, supporting public policies for health promotion, surveillance and care. Analisar os fatores associados à hipertensão arterial autorreferida entre adultos nas capitais brasileiras. Estudo com os dados do Sistema de Vigilância de Fatores de Risco e Proteção para Doenças Crônicas por Inquérito Telefônico (Vigitel) coletados no ano de 2013. Foram estimadas

Tax effort and oil royalties in the Brazilian municipalities

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Fernando Antonio Slaibe Postali

2015-09-01

Full Text Available This paper estimates a stochastic production frontier, to investigate whether municipalities covered by oil royalties in the last decade have reduced their tax effort in Brazil. The issue is relevant to the prospect of a substantial increase in these revenues and the new rules for distribution of the funds, established by Law No. 12.734/2012. The inputs were provided by personnel and capital expenditures, whereas the product was defined as the municipal tax collection. With the purpose of overcoming the endogeneity problems due to reverse causality of output on inputs, we used the lagged independent variable as instruments in the inefficiency equation. The data set is composed of a panel of Brazilian municipalities from 2002 to 2011. The results indicate that oil revenues have a negative impact on the estimated efficiencies, signaling reduced fiscal effort by the benefiting municipalities.

The Brazilian Stock Market in the Pre-Ibovespa Era

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Antonio Zoratto Sanvicente

2014-06-01

Full Text Available The paper reports the availability of equity market and government bond indices for the 1950-1967 in Brazil, before the introduction of the Bovespa index. Nominal monthly returns are computed, and the historical market risk premium is determined. A 1.86% monthly average is obtained, which compares to 1.69% per month for the period from January, 1968 to October, 2013. The rates of return of both market segments are then adjusted for the change in the General Price Index – Domestic Availability (IGP-DI. It is observed that neither stocks nor government bonds provided sufficient protection against inflation. The paper’s main contribution to the literature, however, is the creation of the two index series, adding over 17 years of data to the information commonly used in the analysis of Brazilian capital markets.

Adult Social Capital and Track Placement of Ethnic Groups in Germany

Science.gov (United States)

Cheng, Simon; Martin, Leslie; Werum, Regina E.

2007-01-01

The dictum that "context matters" notwithstanding, few researchers have focused on how social capital affects educational outcomes for ethnic groups outside of the United States. Using German Socioeconomic Panel (GSOEP) data, analyses highlight the group-specific effects of parental social capital on track placement among 11-16-year-old…

Engagement with health care providers as a mediator between social capital and quality of life among a sample of people living with HIV in the United States: Path-analysis.

Science.gov (United States)

Jong, SoSon; Carrico, Adam; Cooper, Bruce; Thompson, Lisa; Portillo, Carmen

2017-12-01

Social capital is "features of social organizations-networks, norms, and as trust that facilitate coordination and cooperation for mutual benefit". People with high social capital have lower mortality and better health outcomes. Although utilization of social networks has grown, social capital continues to be a complex concept in relation to health promotion. This study examined 1) associations between social capital and quality of life (QoL), 2) factors of social capital leading to higher QoL among people living with HIV (PLWH), 3) role of health care providers (HCP) as a mediator between social capital and QoL. This is a secondary analysis of the International Nursing HIV Network for HIV/AIDS Research. This cross-sectional study included 1673 PLWH from 11 research sites in the United States in 2010. Using path analysis, we examined the independent effect of social capital on QoL, and the mediating effect of PLWH engagement with HCP. The majority of participants were male (71.2%), and 45.7% were African American. Eighty-nine percent of the participants were on antiretroviral therapy. Social capital consisted of three factors - social connection, tolerance toward diversity, and community participation - explaining 87% of variance of social capital. Path analysis (RMSEA = 0, CFI = 1) found that social connection, followed by tolerance toward diversity, were the principal domain of social capital leading to better QoL (std. beta = 0.50, std. error = 0.64, p capital was positively associated with QoL ( p capital on QoL was mediated by engagement with HCP ( p capital effectively, interventions should focus on strengthening PLWH's social connections and engagement to HCP.

Social capital in an outdoor recreation context.

Science.gov (United States)

Mann, Marilynne; Leahy, Jessica

2010-02-01

This study examined social capital development in three all-terrain vehicles (ATV) clubs in Maine using an adapted version of Lin's (2001) social capital theory model. The structural components of social capital identified included collective assets and individual assets in the form of normative behavior and trust relationships. Also identified were counter-norms for individual ATV riders identified as having divergent norms from club members. The second component of social capital is access to and mobilization of network contacts and resources. Access networks in the context of the ATV clubs studied were identified as community and landowner relations while mobilization of resources was existent in club membership attempts toward self-governance and efforts of the statewide "umbrella" organization. Instrumental outcomes benefit society and expressive outcomes benefit the individual. Both types of returns are present in the data suggesting that ATV clubs are creating social capital. This is important information to clubs who desire to market themselves, improve their reputations, and enhance their volunteer association. It is of further interest to state governments who fund clubs through trail grants as proof that a return on investment is being realized. Theoretical and applied implications for these and other types of recreation-based volunteer associations (e.g., clubs, friends groups, advocacy groups) are presented.

Social Capital in an Outdoor Recreation Context

Science.gov (United States)

Mann, Marilynne; Leahy, Jessica

2010-02-01

This study examined social capital development in three all-terrain vehicles (ATV) clubs in Maine using an adapted version of Lin’s (2001) social capital theory model. The structural components of social capital identified included collective assets and individual assets in the form of normative behavior and trust relationships. Also identified were counter-norms for individual ATV riders identified as having divergent norms from club members. The second component of social capital is access to and mobilization of network contacts and resources. Access networks in the context of the ATV clubs studied were identified as community and landowner relations while mobilization of resources was existent in club membership attempts toward self-governance and efforts of the statewide “umbrella” organization. Instrumental outcomes benefit society and expressive outcomes benefit the individual. Both types of returns are present in the data suggesting that ATV clubs are creating social capital. This is important information to clubs who desire to market themselves, improve their reputations, and enhance their volunteer association. It is of further interest to state governments who fund clubs through trail grants as proof that a return on investment is being realized. Theoretical and applied implications for these and other types of recreation-based volunteer associations (e.g., clubs, friends groups, advocacy groups) are presented.

Cost-based industrial enterprise human capital management

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Glukhov Sergei

2017-01-01

Full Text Available The paper focuses on importance of human capital in development of industrial enterprises, issues of their management and methods of achieving balance between interests of owners and employees. Difference between such concepts as human and labor potential as well as human and working capital is clarified. The special attention is paid to the fact that an effective system of motivation and incentivation of labor is to serve as means of rapprochement of human and labor capital. The authors point out the limited scope of the traditional forms of labor motivation and incentivation mechanisms and highlight the complexity of their encouragement for collective work results. The authors suggest using the cost-based approach to workforce management, which is based on assessment of market and intrinsic value of human capital in view of investment and quality characteristics. The proposed approach is attended by methodological support and operational calculations. The study states that the suggested human capital management model can be introduced into practice, as well as substantiates the necessity for boosting the performance of industrial enterprises and their cost by increasing production, stimulating the staff for selfrealization and self-improvement by bringing the owners’ corporate interests closer to the interests of the employees.

Stages of change in physical activity-related behavior in adolescents from a Brazilian state capital

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Andreia Pelegrini

2013-12-01

Full Text Available The purpose of this study was to investigate the stages of change in physical activity-related behavior (EMCRAF and their association with gender and age. A total of 1108 high school students of both sexes, from Florianópolis, State of Santa Catarina, took part in this study. A questionnaire was used to assess EMCRAF. A higher proportion of boys were in the maintenance stage (48.1% and a higher proportion of girls were in contemplation (24.7% and pre-contemplation (6.4% stages. Gender factor male and age range 17-18 were protective factors, which increased the likelihood of physically active behavior. Girls aged 17-18 were twice as likely to be in the contemplation stage than boys. It is important to expand knowledge about EMCRAF in adolescents and their associations with gender and age because a considerable number of behaviors established during this period of life can last into adulthood.

The crisis of the western system of medicine in contemporary capitalism.

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Navarro, V

1978-01-01

This article makes a critique of current interpretations of the crises of the western system of medicine and presents alternative explanations for those crises. It indicates that the crises of medicine--reflected in its ubiquitous problems of costs and ineffectiveness--are due to and reflect the crises of legitimation and capital accumulation of contemporary capitalism. The article is divided into six parts: the first two define the characteristics of the crises of western contemporary capitalism and of its system of medicine, with a critique of current theories which try to explain them. Parts three and four contrapose to these theories a Marxist interpretation of the crises, tracing their causes to the needs created by the process of capital accumulation and to the demands expressed by the working population. The needs and demands generated by Capital and Labor are intrinsically in conflict, and are realized in the daily practice of class struggle. The characteristics and consequences of that struggle for health and for the organization, content, and ideology of medicine are analyzed in the fifth part. This class struggle takes place within a political context in which Capital and its social expression, the bouregeoisie or corporate class, have the dominant influence on the organs of the State. The sixth part of the article shows how that dominance determines the nature of the State responses to the crises of medicine. A primary thesis of this paper is that social class, class struggle, capitalism, and imperialism are not passé categories, as most ideologists of capitalism postulate, but rather they are the most important paradigms for understanding the crises of the western system of power and its medicine.

PANDORA - Survey of Brazilian cardiologists about cholesterol reduction

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Santos Raul D.

2000-01-01

Full Text Available OBJECTIVE: To report about a group of physicians' understanding of the recommendations of the II Brazilian Guidelines Conference on Dyslipidemias, and about the state of the art of primary and secondary prevention of atherosclerosis. METHODS: Through the use of a questionnaire on dyslipidemia, atherosclerosis prevention, and recommendations for lipid targets established by the II Brazilian Guidelines Conference on Dyslipidemias, 746 physicians, 98% cardiologists, were evaluated. RESULTS:Eighty-seven percent of the respondents stated that the treatment of dyslipidemia changes the natural history of coronary disease. Although most of the participants followed the total cholesterol recommendations (<200mg/dL for atherosclerosis prevention, only 55.8% would adopt the target of LDL-C <100 mg/dL for secondary prevention. Between 30.5 and 36.7% answered, in different questions, that the recommended level for HDL-C should be <35mg/dL. Only 32.7% would treat their patients indefinitely with lipid- lowering drugs. If the drug treatment did not reach the proposed target, only 35.5% would increase the dosage, and 29.4% would change the medication. Participants did not know the targets proposed for diabetics. CONCLUSION: Although the participating physicians valued the role played by lipids in the prevention of atherosclerosis, serious deficiencies exist in their knowledge of the recommendations given during the II Brazilian Guidelines Conference on Dyslipidemias.

Piketty's capital and social policy.

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Piachaud, David

2014-12-01

Piketty's Capital (2014) primarily describes and analyses changes in the distribution of wealth and annual incomes. This paper focuses on his policy proposals that make up Part Four of the book. Piketty defends the 'social state' but he discusses it largely in terms of distribution and redistribution between tax units. This neglects the important role of social policy in promoting recognition and redistribution of income and opportunities that is related to gender, race, disability and sexual orientation. Nor does Piketty consider inequalities in health which effect life-time incomes, nor the impact of housing policies on house prices and the distribution of wealth. It is argued that Piketty's approach to social security is simplistic and plays down the complexity of competing policy goals. On taxation, Piketty defends progressive taxation and proposes a global capital levy. The latter proposal runs into formidable problems in seeking global taxation in a world of nation states. Rather than seeking a policy that is, for the foreseeable future, wholly politically impractical, a case is made for less idealistic but more practical and urgent tax coordination between nations to address the widespread avoidance of taxation that large corporations and the very wealthy are now permitted - taxation on which the future of the social state depends. The importance of human and social capital, which are largely set aside by Piketty, are discussed. Finally,it is argued that his approach to policy is to describe trends and propose amelioration of growing inequality rather than to identify causes of the trends and propose policies that might address the causes. Nevertheless, the importance of his work in bringing issues of inequality to the fore, especially among economists, is recognized and applauded. © London School of Economics and Political Science 2014.

Climate change policies: The role of democracy and social cognitive capital.

Science.gov (United States)

Obydenkova, Anastassia V; Salahodjaev, Raufhon

2017-08-01

The impact of democracy on governments' choice of environmental policies has attracted significant academic attention in recent years. However, less attention has been devoted to the role of the social cognitive capital of the national population. Does society's cognitive capital matter in governmental choice regarding environmental policies, if at all? This study addresses this question through a large-N analysis of 94 countries accounting for the role of both political regimes and social capital in governmental choice of climate change policies. We find that higher social cognitive capital within a democratic state radically increases that state's commitment to adopt environmental policies. More specifically, a 1-point increase in the democracy index is associated with nearly 5 points increase in the adoption of the Climate Laws, Institutions and Measures Index (CLIMI). In a similar vein, a 10 points increase in social cognitive capital is associated with a nearly 16 points increase in CLIMI. The findings presented in this study aim to contribute to the ongoing debate on the impact of democracy and the cognitive capital of society on international environmentalism. The findings will also be interesting for scholars working on the impact of political institutional factors and the role of society in environmental policy choices made at the international level. Copyright © 2017 Elsevier Inc. All rights reserved.

Private Transfer Choices under Uncertainty in Human Capital

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Rodrigo J. Raad

2015-03-01

Full Text Available We develop a theoretical model for parental behavior regarding land inheritance, accounting for consumption and savings strategies. We identify two types of modeling: one with, and another without, strategic behavior. In the first model, we assume that children do not act strategically towards their parent. We find that the child with the highest return to human capital is more likely to receive a larger share of the land if the difference in offspring’s returns is large. In the second model, we allow for each child to influence parent’s optimal choice of bequest by providing services to the latter. We illustrate that the child’s strategy for service provision is sufficient to assure that the one providing more assistance will receive a larger share of the bequest in a Nash equilibrium. We conclude by illustrating our theoretical model with some empirical analysis using longitudinal data for the rural Brazilian Amazon.

Problems of power plant capital demands

International Nuclear Information System (INIS)

Slechta, V.; Bohal, L.

1986-01-01

The problems are discussed of requirements for investment for power plants in Czechoslovakia. Since the construction was finished of coal-burning 110 MW power plants with six power units, specific capital cost has steadily been growing. The growth amounts to 6 to 8% per year while the principle has been observed that specific capital cost decreases with increased unit power. Attention is paid to the cost of the subcontractors of the building and technological parts of a power plant and to the development of productivity of labour. A comparison is tabulated of cost for coal-burning power plants with 100 MW and 200 MW units and for nuclear power plants with WWER-440 reactors. Steps are suggested leading to a reduction of the capital cost of nuclear power plants. It is stated that should not these steps be taken, the envisaged development of nuclear power would be unbearable for the Czechoslovak national economy. (Z.M.). 8 tabs., 3 refs

Does lower lifetime fluoridation exposure explain why people outside capital cities have poor clinical oral health?

Science.gov (United States)

Crocombe, L A; Brennan, D S; Slade, G D

2015-03-26

Australians outside state capital cities have greater caries experience than their counterparts in capital cities. We hypothesized that differing water fluoridation exposures was associated with this disparity. Data were the 2004-06 Australian National Survey of Adult Oral Health. Examiners measured participant decayed, missing and filled teeth and DMFT Index and lifetime fluoridation exposure was quantified. Multivariable linear regression models estimated differences in caries experience between capital city residents and others, with and without adjustment for fluoridation exposure. There was greater mean lifetime fluoridation exposure in state capital cities (59.1%, 95% confidence interval=56.9,61.4) than outside capital cities (42.3, confidence interval=36.9,47.6). People located outside capital city areas had differing socio-demographic characteristics and dental visiting patterns, and a higher mean DMFT (Capital cities=12.9, Non-capital cities=14.3, p=0.02), than people from capital cities. After adjustment for socio-demographic characteristics and dental visits, DMFT of people living in capital cities was less than non-capital city residents (Regression coefficient=0.8, p=0.01). The disparity was no longer statistically significant (Regression coefficient=0.6, p=0.09) after additional adjustment for fluoridation exposure. This article is protected by copyright. All rights reserved. This article is protected by copyright. All rights reserved.

Influence of Control and Family Management in the Indebtedness of Brazilian Open Business: a Quantitative Study

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Liliane Cristina Segura

2014-01-01

Full Text Available This research investigated the influence of the family on the debt of Brazilian open business companies. Although there is a vast national and international literature on capital structure, there are still doubts on the importance of family in business management. In Brazil, due to the large number of family businesses, it is even more evident the need to investigate the issue. The studied population was composed of companies listed on the BM&FBovespa, in 2010, and the final sample consisted of 356 companies. Six years were analyzed (2004-2009, in a total of 2,136 observations. The results show that the studied companies that are familiar or that have family management have become less indebted than others. This result is in accordance with national and international studies, according to which family firms tend to be more conservative in their investments, seeking to use more equity than third party capital.

Abortion: a review of women's perception in relation to their partner's reactions in two Brazilians cities.

Science.gov (United States)

Nonnenmacher, Daniele; Benute, Gláucia Rosana Guerra; Nomura, Roseli Mieko Yamamoto; Azevedo, George Dantas de; Dutra, Elza Maria do Socorro; Rebouças, Melina Séfora Souza; Luci, Mara Cristina Souza de; Francisco, Rossana Pulcineli Vieira

2014-07-01

to analyze women's perception in relation to their partner's reaction and behavior during the abortion process in two Brazilian capitals, associating the variables from women who suffered a spontaneous abortion with those from women who induced it. semi-structured, questionnaire-based interviews were conducted with 285 women who underwent spontaneous abortion and 31 who reported having induced it. The data were analyzed using the thematic analysis technique, and, subsequently, by the IBM SPSS Statistics Standard Edition software program. The significance level was set at p women who induced an abortion referred to the partner as the person who could not find out about the abortion (pindependence, women still regard male participation in the abortion process as an important factor. The specifics of each capital denote the influence of the geographic and cultural dimension, indicating the need to take into account the particulars of each region in Brazil while considering a holistic approach to women's health.

Investigation of an outbreak of endemic coccidioidomycosis in Brazil's northeastern state of Piauí with a review of the occurrence and distribution of Coccidioides immitis in three other Brazilian states.

Science.gov (United States)

Wanke, B; Lazera, M; Monteiro, P C; Lima, F C; Leal, M J; Ferreira Filho, P L; Kaufman, L; Pinner, R W; Ajello, L

1999-11-01

An outbreak of coccidioidomycosis is described that involved three individuals and eight of their dogs, who had engaged in a successful hunt for nine-banded armadillos (Dasypus novemcinctus) in the environs of Oeiras, a community in Brazil's north eastern state of Piauí. Diagnosis was based on clinical, serological and cultural findings. Four of 24 soil samples collected in and around the burrow of an armadillo yielded cultures of Coccidioides immitis, thus establishing the endemicity of that mould in the state of Piauí. A literature review revealed that C. immitis, aside from that state, is endemic in three other Brazilian states--Bahia, Ceará and Maranhão. These four contiguous states have semi-arid regions where climatic conditions and their flora are similar to those that exist in C. immitis's endemic regions in North, Central and South America.

Electronic Markets Ontology: ideal architecture for global capital market

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Davide Khalil

1998-11-01

Full Text Available When approaching electronic capital market design and microstructure with the focus of analysing and improving existing markets with end-state analysis, it is necessary to name an ideal objective. This serves the purposes of technology evaluation and the development of a standard framework for structural measurement in modeling and language paradigm design. An ideal capital market architecture is presented in this paper that is feasible with current technology based on the end-to-end functionality of existing capital markets including internal requirements of participants. Various architectural and ethical issues are introduced and discussed sketching a framework for further work in quantifying electronic markets.

Measuring Capital

OpenAIRE

W. Erwin Diewert

2003-01-01

The paper revisits Harper, Berndt and Wood (1989) and calculates Canadian reproducible capital services aggregates under alternative assumptions about the form of depreciation, the opportunity cost of capital and the treatment of capital gains. Five different models of depreciation are considered: (1) one hoss shay; (2) straight line depreciation; (3) declining balance or geometric depreciation; (4) linearly declining efficiency profiles and (5) linearly increasing maintenance profiles. The l...

INDIAN CAPITAL MARKET REVIEW: ISSUES, DIMENSIONS AND PERFORMANCE ANALYSIS

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Mohd. Shamim Ansari

2012-12-01

Full Text Available The purpose of an efficient capital market is to mobilize funds from those who have it and route each them to those who can utilize it in the best possible way. India’s financial market is multi-facet but not balanced. It has state of art equity market but relatively less developed and immature corporate bond market. The Indian capital market in the recent year has undergone a lot of innovation in term regulation and mode of operation. A well developed corporate bond market is also essential for financial system stability, efficiency and overall economic growth. However, If we look at the scenario of capital market in India we find that Indian households have traditionally preferred parking their surpluses in bank deposits, government savings schemes and less than 10% of their investments in financial assets in shares, debentures and mutual funds. The Indian capital market has recently put the worst behind and moved towards strong growth. In this back drop the present paper aims to (i identify various grey points of Indian capital market; (ii Evaluated how it performed during post financial crisis period; and (iii suggests necessary policy reforms for a relatively mature capital market.

ERICA: prevalence of asthma in Brazilian adolescents

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Fábio Chigres Kuschnir

2016-02-01

Full Text Available ABSTRACT OBJECTIVE To describe the prevalence of asthma and physician-diagnosed asthma in Brazilian adolescents. METHODS Cross-sectional, national, school-based study with adolescents from 12 to 17 years old, participants in the Study of Cardiovascular Risks in Adolescents (ERICA. The study stratified the sample by region and grouped according to schools and classes with representativeness to the set of cities with more than 100,000 inhabitants of the Country, macro-regions, capitals, and Federal District. A questionnaire collected data through a self-filled in method. We calculated the prevalences and their confidence intervals of 95% (95%CI according to sex, age group, type of school and skin color. RESULTS Between 2013 and 2014, 74,589 adolescents were evaluated, 55.3% of the female sex. The total prevalence of active asthma was of 13.1% (95%CI 12.1-13.9, being higher in girls (14.8%; 95%CI 13.7-16.0 when compared to boys (11.2%; 95%CI 10.3-12.2 in all geographical strata examined. It was also higher between students of private schools (15.9%; 95%CI 14.2-17.7 when compared to public ones (12.4%; 95%CI 11.4-13.4. It was higher in the Southeast region (14.5%; 95%CI 12.9-16.1, and in the city of Sao Paulo (16.7%; 95%CI 14.7-18.7. The lowest prevalence was observed in North region (9.7%; 95%CI 9.7-10.5, and in Teresina (6.3%; 95%CI 4.9-7.7. The prevalence of physician-diagnosed asthma was of 8.7% (95%CI 8.2-9.1; higher in the North region (13.5%; 95%CI 12.7-14.2, and in Porto Alegre (19.8%; 95%CI 17.5-22.3. It was lower in the Midwest (6.9%; 95%CI 6.0-7.8, and in Cuiaba (4.8%; 95%CI 3.8-5.9. We found no significant difference in the expression of this rate between the sexes, as well as in other variables evaluated by the study. CONCLUSIONS The prevalence of asthma in Brazilian adolescents is high. Rates of active asthma and physician-diagnosed asthma vary widely in different regions and capitals evaluated by the ERICA. These results may assist in

ERICA: prevalence of asthma in Brazilian adolescents

Science.gov (United States)

Kuschnir, Fábio Chigres; Gurgel, Ricardo Queiroz; Solé, Dirceu; Costa, Eduardo; Felix, Mara Morelo Rocha; de Oliveira, Cecília Lacroix; de Vasconcellos, Maurício Teixeira Leite; Kuschnir, Maria Cristina Caetano

2016-01-01

ABSTRACT OBJECTIVE To describe the prevalence of asthma and physician-diagnosed asthma in Brazilian adolescents. METHODS Cross-sectional, national, school-based study with adolescents from 12 to 17 years old, participants in the Study of Cardiovascular Risks in Adolescents (ERICA). The study stratified the sample by region and grouped according to schools and classes with representativeness to the set of cities with more than 100,000 inhabitants of the Country, macro-regions, capitals, and Federal District. A questionnaire collected data through a self-filled in method. We calculated the prevalences and their confidence intervals of 95% (95%CI) according to sex, age group, type of school and skin color. RESULTS Between 2013 and 2014, 74,589 adolescents were evaluated, 55.3% of the female sex. The total prevalence of active asthma was of 13.1% (95%CI 12.1-13.9), being higher in girls (14.8%; 95%CI 13.7-16.0) when compared to boys (11.2%; 95%CI 10.3-12.2) in all geographical strata examined. It was also higher between students of private schools (15.9%; 95%CI 14.2-17.7) when compared to public ones (12.4%; 95%CI 11.4-13.4). It was higher in the Southeast region (14.5%; 95%CI 12.9-16.1), and in the city of Sao Paulo (16.7%; 95%CI 14.7-18.7). The lowest prevalence was observed in North region (9.7%; 95%CI 9.7-10.5), and in Teresina (6.3%; 95%CI 4.9-7.7). The prevalence of physician-diagnosed asthma was of 8.7% (95%CI 8.2-9.1); higher in the North region (13.5%; 95%CI 12.7-14.2), and in Porto Alegre (19.8%; 95%CI 17.5-22.3). It was lower in the Midwest (6.9%; 95%CI 6.0-7.8), and in Cuiaba (4.8%; 95%CI 3.8-5.9). We found no significant difference in the expression of this rate between the sexes, as well as in other variables evaluated by the study. CONCLUSIONS The prevalence of asthma in Brazilian adolescents is high. Rates of active asthma and physician-diagnosed asthma vary widely in different regions and capitals evaluated by the ERICA. These results may assist in the

The Accounting Profession: Serving the Public Interest or Capital Interest?

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Mary A Kaidonis

2008-12-01

Full Text Available As an integral facet of society, the accounting profession has a role in the State and thecorporate sector, and is also expected to serve the public interest. The capacity for theAustralian accounting profession to serve the public interest is considered in the context oflegislation and the accounting standard setting process. Specific reference is made to theCLERP Act 1999 and ASIC Act 2001. It is argued that the combined effect of these Acts is tolegislate bias so that accounting standards privilege the specific needs of holders of capital,that is capital interest. The assumption that capital markets are surrogate for the publicinterest is contested. Accordingly, if the accounting profession follows national objectives tosupport capital markets, it may undermine its role in serving society.

The Crisis of Hegemony and Counter-hegemony under Transnational Capitalism

DEFF Research Database (Denmark)

Xing, Li

This paper explores the issue of hegemony under transnational capitalism. It conceptualizes how transnational accumulation and supraterritorial space has altered capitalism in general and its hegemony in particular. It aims to provide a framework of understanding and analyzing the way globalization...... has reshaped the terrain and parameters of social, economic and political relations both at the national and the global levels, and exerted pressure on the resilient and hegemonic capacities of capitalism. It proposes to examine the ways social relations of domination, subordination and organic...... interplay are produced, maintained, decomposed and delinked while continuously undergoing transformations. Inspired by the Gramscian and Polanyian theoretical and analytical categories, the paper analyses the fading "organic" linkage between state, market and civil society under transnational capitalism...

[Teenage pregnancy rates and socioeconomic characteristics of municipalities in São Paulo State, Southeast Brazil: a spatial analysis].

Science.gov (United States)

Martinez, Edson Zangiacomi; Roza, Daiane Leite da; Caccia-Bava, Maria do Carmo Gullaci Guimarães; Achcar, Jorge Alberto; Dal-Fabbro, Amaury Lelis

2011-05-01

Teenage pregnancy is a common public health problem worldwide. The objective of this ecological study was to investigate the spatial association between teenage pregnancy rates and socioeconomic characteristics of municipalities in São Paulo State, Southeast Brazil. We used a Bayesian model with a spatial distribution following a conditional autoregressive (CAR) form based on Markov Chain Monte Carlo algorithm. We used data from the Live Birth Information System (SINASC) and the Brazilian Institute of Geography and Statistics (IBGE). Early pregnancy was more frequent in municipalities with lower per capital gross domestic product (GDP), higher poverty rate, smaller population, lower human development index (HDI), and a higher percentage of individuals with State social vulnerability index of 5 or 6 (more vulnerable). The study demonstrates a significant association between teenage pregnancy and socioeconomic indicators.

Corporate relocation in venture capital finance

NARCIS (Netherlands)

Cumming, D.; Flemming, G.; Schwienbacher, A.

2009-01-01

This paper introduces an analysis of international relocation decisions of venture capital (VC)-backed companies. Relocations to the United States are motivated by economic conditions as well as an improvement in the laws of the country in which the entrepreneurial firm is based. Relocations to the

78 FR 62017 - Regulatory Capital Rules: Regulatory Capital, Implementation of Basel III, Capital Adequacy...

Science.gov (United States)

2013-10-11

... unlevel playing field between banking organizations and other financial services providers. For example, a... for banking organizations. The final rule consolidates three separate notices of proposed rulemaking... minimum capital requirement, a higher minimum tier 1 capital requirement, and, for banking organizations...

12 CFR 325.103 - Capital measures and capital category definitions.

Science.gov (United States)

2010-01-01

... STATEMENTS OF GENERAL POLICY CAPITAL MAINTENANCE Prompt Corrective Action § 325.103 Capital measures and... agreement, order, capital directive, or prompt corrective action directive issued by the FDIC pursuant to... CFR 28.15(b), or to comply with asset maintenance requirements pursuant to 12 CFR 28.20; or (B) The...

Cooperativismo agropecuário: os desafios do financiamento das necessidades líquidas de capital de giro

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Régio Márcio Toesca Gimenes

2006-08-01

Full Text Available O cooperativismo possui grande relevância para a economia brasileira, na medida em que atua apoiando o desenvolvimento econômico e social, principalmente das pequenas propriedades rurais. As cooperativas agropecuárias atuam no fomento e na comercialização dos produtos agrícolas, inclusive implantando novos cultivos e agregando valor aos produtos por meio de complexos agroindustriais. O crescimento dessas organizações, sobretudo pela verticalização de suas operações, tem exigido a busca de fontes de capital para financiar as necessidades líquidas de capital de giro dos seus negócios. Decisões sobre financiamento afetam diretamente a saúde financeira das organizações, à medida que produzem um risco financeiro maior. Portanto é relevante uma investigação sobre as fontes de financiamento das necessidades líquidas de capital de giro para as cooperativas agropecuárias, sendo este o objetivo primordial do artigo.The cooperativism has great relevance to Brazilian economics, as it supports the social and economical development, mainly in the small agricultural properties. The farming cooperatives work on the processing and commercialization of agricultural products, including implanting new kinds of crops and aggregating value to the products through agroindustrial complexes. The growth of these organizations, mainly through verticalization of its operations, has required the quest for capital founts to finance the needs for fluent capital in their business. Decisions concerning financing affect directly the financial health of the organizations, as they produce a bigger financial danger. Therefore it is relevant an investigation on the financing founts for the needs of fluid capital to the agricultural cooperatives, and this is the main goal of this article.

The Pro-Cyclical Impact of Basel III Regulatory Capital on Bank Capital Risk

OpenAIRE

Song, Guoxiang

2014-01-01

To raise the quality of regulatory capital, Basel III capital rules recognize unrealized gains and losses on all available-for-sale (AFS) securities in Common Equity Tier 1 Capital (CET1). However, by examining the correlations between U.S. GDP growth rate, interest rates and regulatory capital ratios computed using Basel III regulatory capital definition for six U.S. global systemically important banks (G-SIBs) since 2007, this chapter finds that Basel III regulatory capital will enhance the...

Brazilian Consensus on Photoprotection

Science.gov (United States)

Schalka, Sérgio; Steiner, Denise; Ravelli, Flávia Naranjo; Steiner, Tatiana; Terena, Aripuanã Cobério; Marçon, Carolina Reato; Ayres, Eloisa Leis; Addor, Flávia Alvim Sant'anna; Miot, Helio Amante; Ponzio, Humberto; Duarte, Ida; Neffá, Jane; da Cunha, José Antônio Jabur; Boza, Juliana Catucci; Samorano, Luciana de Paula; Corrêa, Marcelo de Paula; Maia, Marcus; Nasser, Nilton; Leite, Olga Maria Rodrigues Ribeiro; Lopes, Otávio Sergio; Oliveira, Pedro Dantas; Meyer, Renata Leal Bregunci; Cestari, Tânia; dos Reis, Vitor Manoel Silva; Rego, Vitória Regina Pedreira de Almeida

2014-01-01

Brazil is a country of continental dimensions with a large heterogeneity of climates and massive mixing of the population. Almost the entire national territory is located between the Equator and the Tropic of Capricorn, and the Earth axial tilt to the south certainly makes Brazil one of the countries of the world with greater extent of land in proximity to the sun. The Brazilian coastline, where most of its population lives, is more than 8,500 km long. Due to geographic characteristics and cultural trends, Brazilians are among the peoples with the highest annual exposure to the sun. Epidemiological data show a continuing increase in the incidence of non-melanoma and melanoma skin cancers. Photoprotection can be understood as a set of measures aimed at reducing sun exposure and at preventing the development of acute and chronic actinic damage. Due to the peculiarities of Brazilian territory and culture, it would not be advisable to replicate the concepts of photoprotection from other developed countries, places with completely different climates and populations. Thus the Brazilian Society of Dermatology has developed the Brazilian Consensus on Photoprotection, the first official document on photoprotection developed in Brazil for Brazilians, with recommendations on matters involving photoprotection. PMID:25761256

História, estado e educação: uma leitura sobre o Estado brasileiro (1971-2000 History, state and education: a reading of the Brazilian State (1971-2000

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Nadia Gaiofatto Gonçalves

2008-01-01

Full Text Available O artigo apresenta alguns resultados de pesquisa realizada sobre se e como o tema Estado e Educação foi abordado na produção acadêmica brasileira, no período compreendido entre 1971 a 2000. Foram pesquisados cinco Anais de Associações Nacionais de Pós-Graduação e Pesquisa e quinze periódicos, das áreas de Educação, Economia, Administração, História, e Ciências Sociais. Buscou-se compreender as perspectivas das áreas, considerando-se o contexto histórico das décadas em que os trabalhos foram produzidos, e evidenciando seus nexos, contribuições e limitações. Neste artigo, é abordada a caracterização do Estado brasileiro, pelos autores dos trabalhos investigados, em especial quanto a três referências principais, que aparecem ao longo de todo o período: Estado capitalista/reprodutor da ordem social; Estado autoritário/centralizador; e Estado ineficiente/omisso, buscando-se compreendê-las em relação ao contexto histórico.This article presents the results of the research about how the State and Education topic were dealt with in the Brazilian academic production between 1971 and 2000. We have researched five Proceedings of Post-Graduation and National Research Associations and fifteen journals in the areas of Economy, Administration, History, Social Sciences and Education, focusing on four titles in each one of them, in considering the total production of the period. We tried to understand the perspectives of the areas. We have considered the historical context of the decades in which those works were produced, highlighting their contributions and limitations. In this article, we approach the characterization of the Brazilian State by the authors of researched works, especially concerning the three main references that appear throughout the period: the capitalist State/producer of social order; the authoritarian State/centralizer; and the inefficient State / the absent state. We seek to understand them in their

IFRS ADOPTION AND EARNINGS MANAGEMENT IN BRAZILIAN PUBLICLY TRADED COMPANIES

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Roberto Midoguti Joia

2014-03-01

Full Text Available In 2007, Brazil adopted the International Financial Reporting Standards (IFRS. Studies involving publicly traded companies in different countries around the world indicate that these new standards tend to improve the information quality and make it more comparable and transparent. This study was aimed at verifying any changes in the earnings management levels after 2010 and whether this happened in function of the full adoption of the IFRS by the Brazilian publicly traded companies (except for financial institutions. The data were extracted from the three-monthly financial statements of the databases from Economática and the Brazilian Securities Commission for the period from 2006 till 2011. To achieve the research objectives, two tests were applied. The first showed that the average discretionary accruals, calculated through the Modified Jones Model, were lower after 2010. Next, the regression analysis was elaborated, using panel data with Newey-West’s correction. The results did not confirm the hypothesis that the adoption of the IFRS affected the earnings management level in the period under analysis, but showed that the size and indebtedness significantly explain the discretionary accruals, independently of the adoption of the IFRS. The results suggest that larger companies with a large proportion of own capital tend to produce higher quality reports, independently of the adoption of the IFRS.

Convening of the general meeting with a view to approving the capital increase for AREVA SA. Entry of strategic investors into the capital of NewCo

International Nuclear Information System (INIS)

Lachaux, Manuel; Jugean, Anne-Sophie

2016-01-01

General meeting of shareholders of AREVA SA convened for February 3, 2017 to approve AREVA SA capital increase for an amount of 2 billion euros, subject to the approval of the European Commission; Receipt of offers from strategic investors with a view to them taking up a stake in the capital of NewCo, alongside the French State; Conditions and schedule for the completion of the capital increases to be defined subsequent to the approval of the European Commission; Signature of definitive agreements for the sale of AREVA TA. (authors)

Psychiatric legal investigation for sickness benefits due to disability at the Brazilian Federal Social Security Special Court in Florianópolis, capital city of the State of Santa Catarina, southern Brazil.

Science.gov (United States)

Figueredo, Roberto; Damas, Fernando Balvedi

2015-01-01

To describe the profile of insured individuals that filed claims for sickness benefits and compare the results of the administrative and legal investigations. This case series included 114 insured persons that filed lawsuits against the Brazilian National Institute of Social Security (Instituto Nacional de Seguridade Social, INSS). They underwent psychiatric examinations required by the Brazilian Federal Social Security Special Court in Florianópolis from August to December 2010. Mean age was 47 years, and participant age ranged from 24 to 64 years. Most insured individuals were women (79%), and most were employed (67.5%) and self-employed (26.5%) workers. Mean contribution time was 99.9 months, ranging from 8 to 352 months. Mean benefit duration was 20.4 months, ranging from 2 to 97 months. The most prevalent category of workers was service workers, store and supermarket salespeople (54.4%), followed by administrative workers (19.3%). Only 17 participants were found to be unable to work after benefit cessation, a 14.9% mismatch between administrative and legal investigations. The most frequent diagnoses were mood disorders (59.6%) and anxiety disorders (17.5%).

Psychiatric legal investigation for sickness benefits due to disability at the Brazilian Federal Social Security Special Court in Florianópolis, capital city of the State of Santa Catarina, southern Brazil

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Roberto Figueredo

2015-06-01

Full Text Available Objective: To describe the profile of insured individuals that filed claims for sickness benefits and compare the results of the administrative and legal investigations.Method: This case series included 114 insured persons that filed lawsuits against the Brazilian National Institute of Social Security (Instituto Nacional de Seguridade Social, INSS. They underwent psychiatric examinations required by the Brazilian Federal Social Security Special Court in Florianópolis from August to December 2010.Results: Mean age was 47 years, and participant age ranged from 24 to 64 years. Most insured individuals were women (79%, and most were employed (67.5% and self-employed (26.5% workers. Mean contribution time was 99.9 months, ranging from 8 to 352 months. Mean benefit duration was 20.4 months, ranging from 2 to 97 months. The most prevalent category of workers was service workers, store and supermarket salespeople (54.4%, followed by administrative workers (19.3%.Conclusions: Only 17 participants were found to be unable to work after benefit cessation, a 14.9% mismatch between administrative and legal investigations. The most frequent diagnoses were mood disorders (59.6% and anxiety disorders (17.5%.

Bridging the Barriers: Knowledge Connections, Productivity, and Capital Accumulation

OpenAIRE

R. Quentin Grafton; Tom Kompas; P. Dorian Owen

2004-01-01

The paper explains the large differences in cross-country productivity performance by modeling and testing the effects of social barriers to communication on productivity and capital accumulation. In an optimal growth model, social barriers to communication that impede the formation of knowledge connections are shown to reduce both transitory and steady-state levels of total factor productivity (TFP), per capita consumption, and reproducible capital. A ‘bridging’ parameter in the growth model...

The Capitalism, Rent and Democracy

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Victor S. Martyanov

2017-03-01

Full Text Available By inertia, which derives from Adam Smith, modern capitalism is described as a free-market competition. This historical model has worked while the market expands and the availability of resources increases. It provided the opportunity to maintain the political order of the welfare state as a form of non-economic egalitarian distribution of resources, which mitigates inequality and class antagonisms generated by market. However, once capitalism has engulfed the whole world, it is more prone to crises: competition intensifies, markets of demand and market outlets do not expand, technological progress creates a growing structural unemployment, economic growth due to the completion of the global village-city transition stagnates, the resources of all the peripheries are almost exhausted. As a result, nationalism and protectionism arise, the polarization between the global center and the periphery increases, and there comes the image of undemocratic and non-egalitarian labor less society on the horizon of the future, with the precariat and the unemployed growing in numbers and demanding large amounts of rent to maintain their livelihoods. Due to this, the market model of capitalism is gradually transforming into a rental one, where the pursuit of profit, the main motivational factor intrinsic to the market, is removed by the pursuit of rent and the redistribution of markets by non-economic ways. In this context, the state becomes the key economic actor, which distributes resources by extra-market means within the hierarchy of rental groups that form the framework of a new structure of the political community.

Governance of project management and capital investments: A case study in Brazil’s mining industry

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Jose Antonio Sousa Neto

2012-12-01

Full Text Available The objective of this paper is to present the results of a survey carried out to evaluate the application of corporate governance practices in the management of capital investments and projects by a Brazilian iron ore mining company in 2011. It addresses the main concepts related to projects and corporate governance, as well as the impacts of the Sarbanes-Oxley Act of 2002 on project management. Data were analyzed and processed using descriptive statistics. It was found that the four core disciplines of project governance: portfolio management, project sponsorship, project management, disclosure and reporting, are present in the organization’s management framework, including the application of controls necessary to ensure the accuracy of financial analysis and future cash flows from the successful completion of capital projects. On the other hand, a discrepancy was found in the disproportionate allocation of resources and staff to mega project management compared to small and medium projects which, as a result, are not completed on schedule and within budget. Deficiencies were also found in the attribution of priorities within the organization’s project portfolio.

Natural Capital - putting a value on geological sites

Science.gov (United States)

Dunlop, Lesley

2017-04-01

Natural Capital is a mechanism through which a value can be placed on nature allowing it to be considered alongside other assets. When the Government of the United Kingdom produced a Natural Environment White Paper (The Natural Choice: securing the value of nature) in 2012 there was no direct mention of geosites, geoheritage or geodiversity. One ambition of the Natural Environment White Paper was to stop environmental degradation and to rebuild natural capital and to value it. Whilst landscapes are mentioned in the paper geodiversity is not directly and this has been problematic for funding and recognition within the UK. Natural Capital is being used as the basis for many of the environmental reviews therefore it is essential that geodiversity can be included within this. The Natural Capital Committee defines natural capital as 'those elements of the natural environment which provide valuable goods and services to people'. In the main, these goods and services are related to ecology/biodiversity rather than to the full range of natural capital. Specifically, the values associated with abiotic nature (geodiversity) are frequently undervalued or ignored. The English Geodiversity Forum have been producing case studies as to how this might be done for different locations and this paper will present the work of this and how a value can be attributed to geodiversity. For example links to tourism and recreation within areas such as the Jurassic Coast World Heritage Site and the Black Country proposed Geopark are easy to place a value on but it is more difficult with educational, scientific sites. Using an ecosystems services and biodiversity analogies this paper presents a framework that can be adopted for evaluation of geological sites. Defra (2015) The state of natural capital: protecting and improving natural capital for prosperity and wellbeing. Department for Environment, Food & Rural Affairs, 73 pages https

Human Capital Development and Poverty Alleviation in Nigeria: A Symbiotic Overview

Science.gov (United States)

Asaju, Kayode

2012-01-01

Human Capital development through education is a long time investment made by the state to enhance the well being of her citizenry. By investing in education, well educated individuals bring to bear their talents, knowledge, skills and experiences as they function in the various sectors of the economy. Human Capital development is therefore a…

The Impact of Public Capital Investments on the Revenue Growth of Medium Enterprise in Indonesia

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Darius Tirtosuharto

2012-09-01

Full Text Available Public capital investment represents the role of state and local governments in supporting greater capacity of private enterprises to gain success in a market economy measured by revenue growth. Medium enterprises are considered as the catalysts for economic growth and competitiveness particularly in developing countries due to efficiency and flexibility in an adverse economic environment. Using aggregate data of 30 states (provinces in Indonesia from 1997-2002, the impact of public capital investment on the revenue growth of medium enterprise is examined. The paper finds that only medium enterprises in the industrial and trading sector benefited from public capital investments and the most optimum capital investment is in transport infrastructure.

Mortality from epilepsy: Brazil (capitals, 1980-2007

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Marleide da Mota Gomes

2011-04-01

Full Text Available OBJECTIVE: To provide data about age, gender, time and space variation by means of mortality statistics from epilepsy in Brazil. METHOD: It was used demographic and mortality data obtained from the Brazilian Ministry of Health, regarding Brazil (capitals over the calendar years 1980-2007. For the description of the data it was used Microsoft Office Excel 2007 spreadsheet, and figuring of trends by linear regression, GraphPad Prism 5.0. RESULTS: There is a tendency to elderly mortality, and male mortality in almost age group, although regarding the relative frequency rates by age, 20-39 age strata is more representative. The mortality at home is proportionally predominant at 20-29 years of age, 47.52%. Adjusted death rates/100,000, 2007, do not show clear regional predominance. CONCLUSION: We can infer that various deaths coded as epilepsy, may be due to an acute symptomatic seizures. Sudden unexplained death in epilepsy (SUDEP may be misdiagnosed and probably more represented at the group with more deaths at home.

The Politics of Body Capital within Neoliberal Social Reproduction Systems: Freirean Critical Pedagogy Principles in Brazilian Schools

Science.gov (United States)

Müller, Antonio Jose; Rossatto, César Augusto

2016-01-01

Sports in our society are a source of enthusiasm for many people, reflecting their cultural values and at times social tensions. Body capital development in different countries follow the local culture and politics. Since schools tend to reproduce the culture at large, sports are also one intrinsic representation replicated. Physical education or…

Análise da relação entre gerenciamento de resultados e custo de capital em empresas brasileiras listadas na BM&FBOVESPA = Analysis of the Relationship Between Results-Based Management and Cost of Equity in Brazilian Companies Listed in BM&FBOVESPA

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Geovanne Dias de Moura

2016-04-01

Full Text Available O estudo objetivou analisar a relação entre o gerenciamento de resultados contábeis e o custo de capital próprio e de terceiros em empresas brasileiras listadas na BM&FBovespa. Para tal, realizou-se pesquisa descritiva, conduzida por meio de análise documental e abordagem quantitativa dos dados referentes ao período de 2010 a 2013 de uma amostra composta de 217 empresas. Os resultados evidenciaram que houve elevação do custo de capital próprio. No que tange ao custo de capital de terceiros, quando analisado por meio da variável Kd, constatou-se que ocorreu uma pequena redução de 31,81% para 28,37%. Ao analisar o custo de capital de terceiros, por meio da variável Ki, constatou-se que houve aumento de 23,94% para 30,13%. Os resultados evidenciaram destaque para os gerenciamentos de baixas proporções, principalmente a partir do ano de 2011. Também entre as empresas analisadas aquelas com menor gerenciamento de resultados não apresentavam menor custo de capital próprio e de terceiros. The study aimed at analyzing the relationship between results-based management and the company's cost of equity and its third party in Brazilian companies listed in BM&FBovespa. To this end, a descriptive research was conducted through documentary analysis and quantitative analysis of the data from 2010 to 2013 from a sample of 217 companies. The results revealed that the cost of equity rose in the period of 2010 to 2013. With respect to the cost of third party, when analyzed by Kd variable, it was found out a slight decrease from 31,81% to 28,37%. When analyzing the cost of third party by Ki variable, it was noticed an increase from 23,94% to 30,13% between 2010 and 2013. As for management, the results showed significance for the low proportion managements, especially since 2011. The results also showed that, among the analyzed companies, those with lower results-based management did not have lower cost of equity and third party.

Business, Government and Foreign Policy: Brazilian Construction Firms Abroad

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Bernardo Frossard Silva Rego

2017-04-01

Full Text Available This article analyses the interaction between Brazilian companies and government in the context of foreign policy, observing the state's support for the internationalization of large Brazilian civil construction firms. The results show that over the years these companies had privileged access to the Federal Executive, including civil service agencies. One consequence of this system of channelling demands through the Executive was to demote the Legislative branch to a secondary role. This pattern of interaction changed following the restoration of Congress's decision-making capacity, prompting the sector to diversify its areas of influence, focusing in particular on the Congress. To expand internationally, construction firms interact with the government primarily through the Executive, specifically via the Ministry of Foreign Affairs (Itamaraty, which provides technical and diplomatic support, and the Banco Nacional de Desenvolvimento Econômico, which supplies funding. The main argument of this article is that foreign policy should be examined through the relations between state and non-state actors in a multitude of decision-making arenas, taking into consideration both domestic and international factors.

Limits to productive capital investments

International Nuclear Information System (INIS)

Seifritz, W.

1984-07-01

The rise in the specific capital costs of nuclear power plants has caused concern in all industrialized countries in the past few years. Although the amount of this rise differed and at least did not jeopardize the cost edge of nuclear power in Europe, it did result in cost advantages of coal over nuclear power in a number of Federal States in the USA. The cost development in nuclear power plant construction up to the present level of capital costs was due chiefly to intolerable extensions of construction periods as a consequence of dragging licensing procedures, most of them entailing additional conditions which were partly a matter of dispute. There is broad agreement on the need to not detract from the nuclear safety level now attained, but also on the inability to increase it further by any significant margin. It has become evident in the past that, from a certain level onward, additional measures may in fact reduce the level of safety. In this contribution an attempt is made to delineate the framework of reasonable capital expenditure. From this point of departure, realistic considerations of safety and environmental protection can be made for future orientation. (orig.)

Digitization, globalization, and hypermobile financial capital

Directory of Open Access Journals (Sweden)

Barney Warf

2017-10-01

Full Text Available Since the late 20th century and the microelectronics revolution, capital has become thoroughly digitized, moving effortlessly around the world through electronic funds transfer systems (EFTS. This paper charts the rise of electronic money since the collapse of the Bretton-Woods regulatory system in the 1970s and the shift into extremely mobile funds that circulate through ber optics lines. Second, it examines some of the world’s largest EFTS systems and their impacts on capital markets of different types. The third part focuses on how digital money has undermined na- tional nancial regulations imposed by nation-states. In the fourth section, the role of EFTS in the growth of offshore banking centers is explored.

CAPITALISM EMERGING ERA TAX SYSTEMS OF THE EUROPEAN COUNTRIES

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Tsokova Viktoria Aleksandrovna

2013-04-01

Full Text Available Three phases should be distinguished in the development of tax systems: I. The Ancient World and Middle Ages (from the IV - III centuries. BC. till. XVII - XVIII centuries AD. II. The new time (from the XVII - XVIII centuries till the end of XIX century. - the era of the emerging capitalism. III. Modern History (from the XX century and up to the present time. The capitalism emerging era scientific ideas and tax systems research relevance (importance is caused by the emergence of the main distinct characteristics of any state, that is by the permanently increasing demand of that institution for money. This fact, in its turn, contributes to the formation of the state tax system, and, of course, the evolution of scientific views on taxation. Nowadays, some theoretical ideas in the field of taxation, clarifying the nature and the role of taxes in the European countries budget formation begin to appear in Europe, especially in the UK. The development of tax systems in England, France and Germany have been analyzed; and , basing on the dialectical, historical and logical approaches, and the method of scientific abstraction, the authors identify the following common features of the capitalism emerging era tax systems in the European countries: the taxation on a regular (permanent basis, the expansion of the tax-payers range – all citizens of the state are becoming tax payers, the introduction of the income tax and the abolishment of the revenue leasing – creation of government agencies system responsible for the administration of taxes, to establishing and collecting taxes only with the Parliament approval and permission. Classical theoretical and practical approaches to creation of tax systems of the states have been formulated in Europe in the era of nascent capitalism and they haven’t lost the relevance yet.

Capoeira Angola and its relations with the myth of Brazilian racial democracy

OpenAIRE

Gabriela Balaguer

2017-01-01

Capoeira is a cultural manifestation widely known as part of Brazilian identity and culture both by Brazilians and foreigners. Nevertheless, for being originally a black popular culture, it must be understood in relation to the dominant culture, where elements of resistance and consent are present (HALL, 2013). In the nineteenth and in the beginning of the twentieth century, capoeira was strongly repressed by the State, driving the blacks away from the construction of national identity based ...

School-based obesity policy, social capital, and gender differences in weight control behaviors.

Science.gov (United States)

Zhu, Ling; Thomas, Breanca

2013-06-01

We examined the associations among school-based obesity policies, social capital, and adolescents' self-reported weight control behaviors, focusing on how the collective roles of community and adopted policies affect gender groups differently. We estimated state-level ecologic models using 1-way random effects seemingly unrelated regressions derived from panel data for 43 states from 1991 to 2009, which we obtained from the Centers for Disease Control and Prevention's Youth Risk Behavior Surveillance System. We used multiplicative interaction terms to assess how social capital moderates the effects of school-based obesity policies. School-based obesity policies in active communities were mixed in improving weight control behaviors. They increased both healthy and unhealthy weight control behaviors among boys but did not increase healthy weight control behaviors among girls. Social capital is an important contextual factor that conditions policy effectiveness in large contexts. Heterogeneous behavioral responses are associated with both school-based obesity policies and social capital. Building social capital and developing policy programs to balance outcomes for both gender groups may be challenging in managing childhood obesity.

Sustentabilidade empresarial e o impacto no custo de capital próprio das empresas de capital aberto Sustainable development and consequences for equity costs in public companies

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Lílian Simone Aguiar da Silva

2006-12-01

Full Text Available Este trabalho apresenta o impacto no custo de capital próprio para as empresas brasileiras de capital aberto face à adoção dos princípios de sustentabilidade. O conceito de desenvolvimento sustentável tem se aprimorado num processo contínuo de reavaliação da relação existente entre: crescimento econômico, a sociedade civil e o meio ambiente. O triple-bottom-line das dimensões econômica, ambiental e social da sustentabilidade tem emergido como um modelo de interpretação pelas empresas, embora cada uma dessas dimensões represente um grande desafio. O segmento corporativo vem atendendo às demandas cada vez maiores da sociedade frente a essas questões, ficando a dúvida quanto à legitimidade dessas ações e o questionamento relativo ao papel das empresas na economia e na sociedade. Para avaliar o impacto no custo de capital próprio, foi implementado um modelo de decomposição do beta em medidas contábeis de risco, incluindo uma variável referente à sustentabilidade. O resultado confirma a expectativa de que ao aderir aos padrões de sustentabilidade a empresa reduz o risco corporativo medido pelo risco sistemático, determinando a redução do custo de capital e aumento do valor econômico.This article provides an analysis of equity costs in Brazilian public companies regarding the adoption of sustainability principles. The concept of sustainable development has evolved considering the relation among economic growth, the society and the environment. The triple-bottom-line of economic, environmental, and social dimensions has emerged as an interpretation model by companies, although each of these dimensions may present a challenge. The corporate sector has faced an increasing demand from society regarding these sustainability concepts, though the actions and the role to be played by companies within this context are still being questioned. Equity costs were analyzed by a multivariate regression of beta on accounting measures

The brazilian indigenous planetary-observatory

Science.gov (United States)

Afonso, G. B.

2003-08-01

We have performed observations of the sky alongside with the Indians of all Brazilian regions that made it possible localize many indigenous constellations. Some of these constellations are the same as the other South American Indians and Australian aborigines constellations. The scientific community does not have much of this information, which may be lost in one or two generations. In this work, we present a planetary-observatory that we have made in the Park of Science Newton Freire-Maia of Paraná State, in order to popularize the astronomical knowledge of the Brazilian Indians. The planetary consists, essentially, of a sphere of six meters in diameter and a projection cylinder of indigenous constellations. In this planetary we can identify a lot of constellations that we have gotten from the Brazilian Indians; for instance, the four seasonal constellations: the Tapir (spring), the Old Man (summer), the Deer (autumn) and the Rhea (winter). A two-meter height wooden staff that is posted vertically on the horizontal ground similar to a Gnomon and stones aligned with the cardinal points and the soltices directions constitutes the observatory. A stone circle of ten meters in diameter surrounds the staff and the aligned stones. During the day we observe the Sun apparent motions and at night the indigenous constellations. Due to the great community interest in our work, we are designing an itinerant indigenous planetary-observatory to be used in other cities mainly by indigenous and primary schools teachers.

Gênero, "o Corpo" e "Imitação Prestigiosa" na Cultura Brasileira Gender, "the Body" and "Prestigious Imitation" in the Brazilian Culture

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Mirian Goldenberg

2011-09-01

Full Text Available Neste texto discute-se o papel do corpo como uma importante forma de capital (físico, simbólico e social na cultura brasileira. Busca-se mostrar os traços distintivos de uma cultura em que o corpo é um elemento crucial na construção de uma identidade nacional, a partir das ideias de Gilberto Freyre, Marcel Mauss e Pierre Bourdieu. "O corpo" é um capital no universo pesquisado, um corpo distintivo que sintetiza três conceitos: 1 o corpo como uma insígnia (ou emblema do esforço de cada um para controlar, aprisionar e domesticar o corpo a fim de conseguir a "boa forma", 2 o corpo como um ícone da moda (ou grife, que simboliza a superioridade daqueles que o possuem, e 3 o corpo como um prêmio (medalha, merecidamente conquistado por aqueles que foram capazes de alcançar uma forma física mais "civilizada", através de muito trabalho e sacrifício. Pode-se dizer que no Brasil "o corpo" é um capital, talvez um dos mais desejados pela classe média urbana e outros estratos sociais, que percebem "o corpo" como um veículo para a ascensão social, e também uma importante forma de capital no mercado de trabalho, no mercado de casamento e, também, no mercado erótico.In this text I discuss the role of the body as an important form of physical, symbolic, and social capital in the Brazilian culture. I try to show the distinguishing traits of a culture in which the body is a crucial element in the construction of a national identity by calling forth the ideas of the Brazilian anthropologist Gilberto Freyre and the French anthropologists Marcel Mauss and Pierre Bourdieu. "The body" is a capital in the universe I have researched, a distinctive body which synthesizes three interrelated concepts: 1 the body as insignia (or emblem of the effort each one has made to control, imprison, and domesticate the body in order to achieve "good shape"; 2 the body as a fashion icon (or brand, which symbolizes the superiority of those who possess it; and 3 the

The effectiveness of a community-based breast cancer education intervention in the New York State Capital Region.

Science.gov (United States)

Zeinomar, Nur; Moslehi, Roxana

2013-09-01

We determined the effectiveness of a community-based breast cancer education intervention among understudied populations in the New York State (NYS) Capital Region by assessing and comparing baseline and post-education breast cancer knowledge. Participants included 417 students recruited from five colleges/universities and 67 women from four community group organizations. Baseline and post-education knowledge was assessed via self-administered mostly multiple-choice questionnaires. An open-ended question soliciting opinions about public health prevention strategies against breast cancer was included on college/university students' questionnaires. Effectiveness of education intervention was estimated through a paired t test. Stratified analysis was done using demographic and descriptive variables. Answers to the open-ended questions were analyzed qualitatively. The mean percentage of correct answers increased from 39.9% at baseline to 80.8% post-education (P raising awareness about modifiable risk factors and inspiring proactive thinking about public health prevention strategies. This community-based education intervention was effective in increasing breast cancer knowledge among demographically diverse groups with low levels of baseline knowledge in the NYS Capital Region. Our findings provide leads for future public health prevention strategies.

Annual activities report of Brazilian Aerospace Technical Center -CTA/IEAv - 1989

International Nuclear Information System (INIS)

1989-01-01

This document reports the research activities on nuclear physics and reactors physics and engineering in the Brazilian Aerospace Technical Center/Advanced Studies Institute, Sao Paulo State, in the year of 1989

Pharmacogenetics in the Brazilian population

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Guilherme eSuarez-Kurtz

2010-10-01

Full Text Available Brazil is the 5th largest country in the world and its present population, in excess of 190 million, is highly heterogeneous, as a result of centuries of admixture between Amerindians, Europeans and Sub-Saharan Africans. The estimated individual proportions of biogeographical ancestry vary widely and continuously among Brazilians, most individuals - irrespective of self-identification as White, Brown or Black, the major categories of the Brazilian Census race/color system - having significant degrees of European and African ancestry, while a sizeable number display also Amerindian ancestry. These features have important pharmacogenetic (PGx implications: first, extrapolation of PGx data from relatively well-defined ethnic groups is clearly not applicable to the majority of Brazilians; second, the frequency distribution of polymorphisms in pharmacogenes (e.g. CYP3A5, CYP2C9, GSTM1, ABCB1, GSTM3, VKORC, etc varies continuously among Brazilians and is not captured by race/color self-identification; third, the intrinsic heterogeneity of the Brazilian population must be acknowledged in the design and interpretation of PGx studies in order to avoid spurious conclusions based on improper matching of study cohorts. The peculiarities of PGx in Brazilians are illustrated with data for different therapeutic groups, such as anticoagulants, HIV-protease inhibitors and nonsteroidal antinflammatory drugs, and the challenges and advantages created by population admixture for the study and implementation of PGx are discussed. PGx data for Amerindian groups and Brazilian-born, first generation Japanese are presented to illustrate the rich diversity of the Brazilian population. Finally, I introduce the reader to the Brazilian Pharmacogenetic Network or Refargen (www.refargen.org.br, a nationwide consortium of research groups, with the mission to provide leadership in PGx research and education in Brazil, with a population health impact.

[Are there irrationalities in the consumption of anti-obesity drugs in Brazil? A pharmaco-econometric analysis of panel datasets].

Science.gov (United States)

Mota, Daniel Marques; de Oliveira, Márcia Gonçalves; Bovi, Rafael Filiacci; Silva, Sidarta Figueredo; Cunha, Jeane Araújo Fernandes; Divino, José Angelo

2014-05-01

The scope of this study is to analyze the determinants of the use of appetite suppressants (amfepramone, femproporex, mazindol and sibutramine) through the estimation of a dynamic panel dataset model for the Brazilian state capitals and the Federal District (DF) in the period from 2009 to 2011. The results show that consumption of appetite suppressants did not follow the geographic distribution of overweight and obese individuals across the capitals and DF. There is a recurrent consumption of appetite inhibitors, in which 79% of the current consumption of these drugs is explained by past consumption. Among the variables that explain the use of inhibitors, the percentage of obese adults, the percentage of adults who habitually consume fruit and vegetables, and the coverage rate of health plans stand out. The pharmaco-econometric analysis suggests that there are problems in the rational use of appetite suppressants in the Brazilian state capitals and the Federal District with respect to both the combined consumption of these drugs with other medicines - deemed illegal by the Federal Council of Medicine and ANVISA - and in the therapeutic prescription of these products.

Crowdfunding and the Expansion of Access to Startup Capital

OpenAIRE

Kurt Stanberry; Forrest Aven

2014-01-01

This paper analyzes recent developments in crowdfunding, a new financing technique to improve access to capital. The United States Congress and President Obama, in a rare show of bipartisan action, passed the JOBS Act in 2012 (the Jumpstart Our Business Startups Act). The law is designed to stimulate economic growth and expand job creation by improving access to public capital markets for emerging growth companies. Furthermore, the US is not the only nation attempting to expand access to capi...

Entrepreneurs’ human and social capital

DEFF Research Database (Denmark)

Shayegheh Ashourizadeh, Shayegheh; Rezaei, Shahamak; Schøtt, Thomas

2014-01-01

Abstract: It is widely acknowledged that entrepreneurs’ human capital in form of education and social capital in form of networking are mutually beneficial and also that both human and social capital benefit their performance. Here, the hypothesis is that human and social capital, in combination......, provide added value and jointly add a further boost to performance, specifically if the form of exporting. Global Entrepreneurship Monitor provides data on 52,946 entrepreneurs, who reported on exporting and networking for advice. Hierarchical linear modelling shows that human capital promotes social...... capital, that human capital and social capital (specifically networking in the international environment, work-place, professions and market, but not in the private sphere) both benefit export directly and that human capital amplifies the benefit of social capital, especially through international...

Profile of Brazilian scientific production on A/H1N1 pandemic influenza.

Science.gov (United States)

Luchs, Adriana

2012-06-01

In the last few years, bibliometric studies have proliferated, seeking to provide data on world research. This study analyzes the profile of the Brazilian scientific production in the A (H1N1) influenza field between 2009 and 2011. The research was conducted in MEDLINE, SciELO and LILACS databases, selecting papers in which the term "H1N1" and "Brazil" were defined as the main topics. The data were analyzed taking into consideration the Brazilian state and institution in which the articles were produced, the impact factor of the journal and the language. The research revealed 40 documents (27 from MEDLINE, 16 from SciELO and 24 from LILACS). The journal impact factor ranged from 0.0977 to 8.1230. A similar amount of articles were written in English and Portuguese and São Paulo was the most productive state in the country, with 95% of the Brazilian production originating from the Southern and Southeastern regions. Linguistic data indicate that previous efforts made in order to improve the scientific production of Brazilian researchers making their observations attain a broader scientific audience produced results. It is necessary to assess the scientific studies, especially those conducted with public funds, in order to ensure that the results will benefit society.

THE INSTITUTIONAL CONTENT OF THE HUMAN CAPITAL OF THE NATIONAL ECONOMY

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Viktoriia Kolomiiets

2017-12-01

Full Text Available In the current conditions of transformation of traditional institutes and institutions and formation of a new institutional state, the institutional content of human capital as the most valuable resource of the economy changes. Along with the existing research, the transformation of the old institutional system and the emergence of new institutes and institutions require an analysis of the updated institutional content of the human capital of the national economy. The purpose of the paper – to reveal the institutional content of the human capital of the national economy. In the process of work, the following tasks are set and solved: to study economic and institutional conditions of functioning of human capital, to determine the material content of human capital in the context of institutionalism and the process of institutionalization of human capital. Methodology. A methodological basis is a dialectical approach. To study the institutional content of human capital, abstract-logical and systemstructural methods are used. Results. Economic conditions for the formation and functioning of human capital are determined by the instability of the economic situation in Ukraine caused by the fall in the gross domestic product, the inappropriate growth of prices and wages, inflation, and military-political confrontation. Institutional conditions of Ukraine accumulate the following components: those that remained from the previous regimes; transformed components, imported components. The large financial capital, business structures, shadow economy, public sector of the country interact on a fundamentally different institutional basis. The main factor characterizing the institutional development of our country is the uncertainty of limits of institutionalization. The essential institutional conditions for the functioning of human capital are also the absence of a positive or negative experience of existence, coexistence of certain institutions in a

Investment in capital markets

OpenAIRE

Ledenyov, Dimitri O.; Ledenyov, Viktor O.

2017-01-01

Investment in Capital Markets creates a strategic vision on the financial capital investment in the capital markets with the aim to get an increased return premium in the short and long time periods. The book is written with a main goal to explain the pros and cons of the financial capital investment in the capital markets, discussing the sophisticated investment concepts and techniques in the simple understandable readable general format language. We would like to highlight the three interes...

Minority Capital Resource Handbook. A Guide to Raising Capital for Minority Entrepreneurs. Second Edition.

Science.gov (United States)

Ewing, Samuel D., Jr.; Maloney, Clifton H. W.

This minority capital resource handbook consists of a guide to raising capital for minority entrepreneurs and a listing of sources that provide such capital. The first section deals with the process of raising capital. The realities of raising capital, intermediaries and financial advisors, and assessing needs are outlined. Factors considered in…

EXPORT INCENTIVE PROGRAMS: A STUDY ABOUT BRAZILIAN SME’S FROM SANTA CATARINA STATE

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Izabel Regina de Souza

2012-01-01

Full Text Available The reality of the Brazilian economy during the last decade has influenced many companies to get new markets to expand to other parameters of competition. The export incentive programs created by the government, is an example of this, and he has performed positively, strengthening the relationship of resources and capacity to develop sales strategies and relationships with the external market. With the use of financial incentive programs for export, companies can enjoy the competitiveness and advantages related to cost of goods or services, and thus help them achieve a satisfactory goal with the export activity. Careful to promote exports, the Brazilian government creates lines of financial incentives that can meet the needs of Brazilian companies. These floor plane are known as advances on exchange contracts (ACC, Advances on foreign exchange delivered (ACE, Program for Export – (Proex among others. Santa Catarina has been active in the export process of the country, accounting for significant numbers for the trade balance. The target of this study is to understand the reactions of the business of Santa Catarina in the use of financial incentives for export. The research method adopted, as to the purposes of research, the research was exploratory and the means of investigation was a qualitative field research through interviews. The results showed that the reasons these companies entering in the international market, have been opening new markets, new business opportunities and increase the export volume. Financial incentives are most commonly used by companies to Advance on Export Contracts (ACC and Advances on Foreign Exchange Delivered (ACE.

Social Capital Database

DEFF Research Database (Denmark)

Paldam, Martin; Svendsen, Gert Tinggaard

2005-01-01

  This report has two purposes: The first purpose is to present our 4-page question­naire, which measures social capital. It is close to the main definitions of social capital and contains the most successful measures from the literature. Also it is easy to apply as discussed. The second purpose...... is to present the social capital database we have collected for 21 countries using the question­naire. We do this by comparing the level of social capital in the countries covered. That is, the report compares the marginals from the 21 surveys....

Theory of Financial Lease Contracts - Why all capital goods are not leased

OpenAIRE

Penttinen, Jussi

2013-01-01

The economic theory states that the capital structure of a firm is irrelevant in a perfect frictionless world. Hence when the assumptions of the Modigliani–Miller theorem and the CAPM hold, the question about the optimal source of funding of capital investments is also irrelevant. In practice though, capital leasing is widely used and the decision to lease or own assets is hardly a matter of indifference to firms or individuals. The motivation of this thesis is to identify when and why leasin...

Brazilian readers and contextual reference Brazilian readers and contextual reference

Directory of Open Access Journals (Sweden)

Lilia M. O. Carioni

2008-04-01

Full Text Available This article describes an experiment carried out using Brazilian university students at UFSC, the purpose being to check comprehension relationships between two types of contextual reference and two languages, Portuguese and English. A major stimulus for the research was the question: are Brazilian students' difficulties in reading English related more to English language difficulties or to difficulties in processing text in general?

Polêmicas no Jornalismo do Século XXI: discussões a partir da revista Carta Capital

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MELO, Patrícia Bandeira de

2011-08-01

Full Text Available The aim of this paper is to analyze recent news about journalism, from approaches made on the subject in some editions of the Carta Capital magazine between the months September 2009 and March 2011. In light of the critical political economy of communication, we treat since the classic function of journalism to its industrialization process, coming to recent changes in new media, including the creation of Wikileaks. In this way, we address the growth of media conglomerates in the world, some political issues reported by the Brazilian national press and the real possibility of risk to freedom of expression in Brazil.

The Performance of Intellectual Capital

DEFF Research Database (Denmark)

Murthy, Vijaya; Mouritsen, Jan

2011-01-01

Purpose – This paper aims to analyse the relationship between intellectual capital and financial capital using a case study. This makes it possible to discuss how intellectual capital is related to value creation with a degree of nuance that is absent from most statistical studies of relationships...... between human, organisational, relational and financial capital. Design/methodology/approach – The paper uses a case study of a firm that invests in intellectual capital in order to develop financial capital. It traces the relationship between intellectual capital elements and financial capital via...... interviews. This allows the development of a nuanced account of the performance of intellectual capital. This account questions the universality of the linear model typically found in statistical studies. The model makes it possible to show how items of intellectual capital not only interact but also compete...