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Sample records for belgian hospital financing

  1. A nationwide Hospital Survey on Patient Safety Culture in Belgian Hospitals: Analysis and Benchmarking

    OpenAIRE

    Vlayen, Annemie; Hellings, Johan; Claes, Neree; Schrooten, Ward

    2010-01-01

    Objective To measure patient safety culture in Belgian hospitals and to examine the homogeneous grouping of underlying safety culture dimensions. Methods The Hospital Survey on Patient Safety Culture was distributed organisation-wide in 180 Belgian hospitals participating in the federal program on quality and safety between 2007 and 2009. Participating hospitals were invited to submit their data to a comparative database. Homogeneous groups of underlying safety culture dimensions were sou...

  2. Internal finance and corporate investment: Belgian evidence with panel data

    OpenAIRE

    Barran, Fernando; Peeters, Marga

    1998-01-01

    In this paper the corporate investment decision under financial restrictions is investigated with Belgian firm data from 1984 to 1992. An investment Euler equation is derived from a dynamic optimization model with debt ceilings and an elastic credit supply. The model is estimated by GMM for different firm groups. An important aspect is that the sample is split according to a firm’s association with coordination centers. These centers have become the major external funding source of corpora...

  3. impact of six multimodal country-wide campaigns to promote hand hygiene in belgian hospitals

    OpenAIRE

    Fonguh, Sylvanus; Hammami, N; Catry, B; Simon, Anne; ICPIC

    2015-01-01

    Six campaigns sponsored by the Belgian federal government were organized to promote hand hygiene(HH) in Belgian hospitals between 2005 and 2015. The campaigns combined educational sessions for healthcare workers (HCWs), promotion of alcohol-based hand rubs, patient awareness and audits with performance feedback. Each campaign consisted of a pre-campaign data collection period, an awareness period with training and a post-campaign data collection period.

  4. Performance Measurement in Belgian Hospitals : a state-of-the-art

    OpenAIRE

    Van Caillie, Didier; Rouhana, Rima; Santin, Sarah

    2007-01-01

    This communication proposes a global state-of-the-art around the central question : "How is performance measured and controlled in Belgian hospitals. As a first step in a global research project dedicated to the use of Balanced ScoreCard in publics hospitals around the world, it is essentially focused on global economic aspects and on major macroeconomic statistics.

  5. Hospitals should finance medical office buildings.

    Science.gov (United States)

    Hatch, S W; Tuthill, J P

    1979-04-16

    After the decision to build a medical office building on the hospital campus has been made, a new set of considerations must come to the fore. Although the best decision may be for the hospital to undertake financing of the building, this decision must be made in light of a number of important financial and legal considerations. PMID:422141

  6. Finance and performance of Portuguese hospitals

    OpenAIRE

    Lima, Elvira; Whynes, David K

    2003-01-01

    This study analyses the impact of changing systems of finance on the performance of hospitals in Portugal, specifically in terms of costs per admission and per patient day, average length of stay and the number of admissions. The study is based on panel data (36 hospitals over a ten-year period), used to estimate cost functions. It is concluded that costs per admission decreased over the period in question, principally due to declining length of stay.

  7. [Project financing in public hospital trusts].

    Science.gov (United States)

    Contarino, F; Grosso, G; Mistretta, A

    2009-01-01

    The growing debate in recent years over how to finance public works through private capital has progressively highlighted the role of project finance (PF) and publicprivate partnerships (PPP) in general. More and more European countries are turning to PF to finance their public infrastructure development. The UK, which pioneered the adoption of project finance in this field, has been followed by Italy, Spain, France, Portugal and Germany and more recently by Greece, Czech Republic and Poland. Beginning in the late 1990's, Italy has steadily amplified its use of PF and PPPs in key sectors such as healthcare as an alternative way of funding the modernisation of its health facilities and hospitals. The trend reveal an average annual growth of 10.9% since 2002 with peaks of varying intensity over the five year period. Project finance and PPPs represent an effective response to the country's infrastructure gap and support the competitiveness of local systems and the quality of public services. None of this will transpire, however without energetic new planning efforts and adequate policy at the centre. PMID:19798903

  8. COMPARISON OF TWO METHODS OF OPERATING THEATRE PLANNING: APPLICATION IN BELGIAN HOSPITAL

    Institute of Scientific and Technical Information of China (English)

    Sondes CHAABANE; Nadine MESKENS; Alain GUINET; Marius LAURENT

    2008-01-01

    Operating Theatre is the centre of the hospital management's efforts. It constitutes the most expensive sector with more than 10% of the intended operating budget of the hospital. To reduce the costs while maintaining a good quality of care, one of the solutions is to improve the existent planning and scheduling methods by improving the services and surgical specialty coordination or finding the best estimation of surgical case durations. The other solution is to construct an effective surgical case plan and schedule. The operating theatre planning and scheduling is the two important steps, which aim to make a surgical case programming with an objective of obtaining a realizable and efficient surgical case schedule. This paper focuses on the first step, the operating theatre planning problem. Two planning methods are introduced and compared. Real data of a Belgian university hospital "Tivoli" are used for the experiments.

  9. From corporate governance to hospital governance. Authority, transparency and accountability of Belgian non-profit hospitals' board and management.

    Science.gov (United States)

    Eeckloo, Kristof; Van Herck, Gustaaf; Van Hulle, Cynthia; Vleugels, Arthur

    2004-04-01

    As a result of multiple developments in health care and health care policy, hospital administrators, policy makers and researchers are increasingly challenged to reflect on the meaning of good hospital governance and how they can implement it in the hospital organisations. The question arises whether and to what extent governance models that have been developed within the corporate world can be valuable for these reflections. Due to the unique societal position of hospitals--which involves a large diversity of stakeholders--the claim for autonomy of various highly professional groups and the lack of clear business objectives, principles of corporate governance cannot be translated into the hospital sector without specific adjustments. However, irrespective of these contextual differences, corporate governance can provide for a comprehensive 'frame of reference', to which the hospital sector will have to give its own interpretation. A multidisciplinary research unit of the university of Leuven has taken the initiative to develop a governance model for Belgian hospitals. As part of the preliminary research work a survey has been performed among 82 hospitals of the Flemish Community on their governance structure, the composition of the governance entities, the partition of competencies and the relationship between management and medical staff. PMID:15033548

  10. Taxes and Corporate Financing Decisions – Evidence from the Belgian ACE Reform

    OpenAIRE

    aus dem Moore, Nils

    2014-01-01

    We contribute to the empirical literature on the debt bias of corporate income taxation through a micro-econometric evaluation of the so-called ACE corporate tax reform in Belgium based on firm-level accounting data. We interpret the tax reform that came into effect in January 2006 as an economic quasi experiment. We identify its causal impact on the leverage ratio of Belgian corporations by means of a difference-in-differences (DiD) approach, using corporations from the UK as comparison grou...

  11. Factors associated with lease financing in the hospital industry.

    Science.gov (United States)

    McCue, Michael J

    2007-01-01

    In contrast to capital leases, which are reported on the balance sheet as debt, operating leases are a form of off-balance sheet financing only reported in the notes to the financial statement and have limited disclosure requirements. Following the perpetuity method of corporate finance, this study developed a capitalized operating lease value for hospitals. Evaluating the substitutability between lease and debt financing, the findings show a marginal displacement of debt by lease financing. Assessing the relationship of market, mission, operating, and financial factors on lease financing for all short-term, acute-care hospitals across the United States, the results indicate that investor-owned hospital management companies and hospitals located in CON markets are less likely to lease and that smaller hospitals with fewer unoccupied beds, higher proportion of government payers, low liquidity, and lower capital expenditures are more likely to lease. PMID:19175234

  12. Geriatric day hospital: opportunity or threat? A qualitative exploratory study of the referral behaviour of Belgian general practitioners

    Directory of Open Access Journals (Sweden)

    Vyncke Veerle

    2010-07-01

    Full Text Available Abstract Background In order to address the challenges of an ageing population the Belgian government decided to allocate resources to the creation of geriatric day hospitals (GDHs. Although GDHs are meant to be a strategy to support general practitioners (GPs caring for the frail elderly, few Belgian GPs seem to refer to a GDH. This study aims to explore the barriers and facilitating factors of GPs' referral to GDHs. Methods A qualitative study using focus group discussions (FGDs was conducted. Fifteen FGDs were organized in the different Belgian regions (Flanders, Wallonia, Brussels. Results Contextual factors such as the unsatisfactory cooperation between hospital and GPs and organizational barriers such as the lack of communication on referral procedures between hospital and primary health care (PHC were identified. Lack of basic knowledge about the concept or the local organization of GDH seemed to be a problem. Unclear task descriptions, responsibilities and activities of a GDH formed prominent points of discussion in all FGDs. Nevertheless a lot of possible advantages and disadvantages of GDHs for the patient and for the GP were mentioned. Conclusions In the case of poor referral to GDHs, focusing on improving overall collaboration between primary and secondary health care is essential. This can be achieved by actively delivering adequate information, permanent communication and more involvement of PHC in the organization and functioning of GDHs. The absence of a transparent health care system with delineated role definitions, seems to hinder the integration of new initiatives like GDHs in the care process. Strategies to enhance referral to GDHs should use a comprehensive approach.

  13. Strengths and Weaknesses of Financing Hospitals in Germany

    Directory of Open Access Journals (Sweden)

    Kemal Yaman

    2014-10-01

    Full Text Available In this study strengths and weaknesses of financing hospitals in the German health care sector are examined. In the first part of the paper key data of hospitals, subsidies granted by federal states to hospitals, allocation of expenses in the statutory and private health sector are examined. Moreover, in the same part precautions taken in the German health care industry are analyzed. In the second part of the study compensation system, in particular Diagnosis Related Groups, as a financial resource for the activities performed in hospitals are investigated. For comparison the system before 2003 is also considered. In the third part critical view of the dual system in Germany is discussed. Change in financing of hospitals from 2003 shows improvement in financial situation of these institutions in Germany. However, the new implemented dual system reveals deficits in investment expenditures supported by federal states. The monistic model proposed by Rürup for a financing system from a single resource may provide a better financial base for well-equipped hospitals to meet the challenges among the competitive German hospitals.

  14. PFI redux? Assessing a new model for financing hospitals.

    Science.gov (United States)

    Hellowell, Mark

    2013-11-01

    There is a growing need for investments in hospital facilities to improve the efficiency and quality of health services. In recent years, publicly financed hospital organisations in many countries have utilised private finance arrangements, variously called private finance initiatives (PFIs), public-private partnerships (PPPs) or P3s, to address their capital requirements. However, such projects have become more difficult to implement since the onset of the global financial crisis, which has led to a reduction in the supply of debt capital and an increase in its price. In December 2012, the government of the United Kingdom outlined a comprehensive set of reforms to the private finance model in order to revive this important source of capital for hospital investments. This article provides a critical assessment of the 'Private Finance 2' reforms, focusing on their likely impact on the supply and cost of capital. It concludes that constraints in supply are likely to continue, in part due to regulatory constraints facing both commercial banks and institutional investors, while the cost of capital is likely to increase, at least in the short term. PMID:24138730

  15. The Belgian approach and status on the radiological surveillance of radioactive substances in metal scrap and non-radioactive waste and the financing of orphan sources

    International Nuclear Information System (INIS)

    Numerous facilities in the non-nuclear sector in Belgium (e.g. in the non-radioactive waste processing and management sector and in the metal recycling sector) have been equipped with measuring ports for detecting radioactive substances. These measuring ports prevent radioactive sources or radioactive contamination from ending up in the material fluxes treated by the sectors concerned. They thus play an important part in the protection of the workers and the people living in the neighbourhood of the facilities, as well as in the protection of the population and the environment in general. In 2006, Belgium's federal nuclear control agency (FANC/AFCN) drew up guidelines for the operators of non-nuclear facilities with a measuring port for detecting radioactive substances. These guidelines describe the steps to be followed by the operators when the port's alarm goes off. Following the publication of the European guideline 2003/122/EURATOM of 22 December 2003 on the control of high-activity sealed radioactive sources and orphan sources, a procedure has been drawn up by FANC/AFCN and ONDRAF/NIRAS, the Belgian National Agency for Radioactive Waste and Enriched Fissile Materials, to identify the responsible to cover the costs relating to the further management of detected sealed sources and if not found to declare the sealed source as an orphan source. In this latter case and from mid-2006 the insolvency fund managed by ONDRAF/NIRAS covers the cost of radioactive waste management. At the request of the Belgian government, a financing proposal for the management of unsealed orphan sources as radioactive waste was also established by FANC/AFCN and ONDRAF/NIRAS. This proposal applies the same approach as for sealed sources and thus the financing of unsealed orphan sources will also be covered by the insolvency fund. (authors)

  16. Health care financing policy for hospitalized pulmonary medicine patients.

    Science.gov (United States)

    Muñoz, E; Barrau, L; Goldstein, J; Benacquista, T; Mulloy, K; Wise, L

    1989-01-01

    Several federal bodies provide ongoing analyses of the Medicare DRG prospective hospital payment system. Many states are using DRG prospective "all payor systems" for hospital reimbursement (based on the federal model). In All Payor Systems, Medicare, Medicaid, Blue Cross and other commercial insurers pay by the DRG mode; New York State has been All Payor since 1/1/88. This study simulated DRG All Payor methods on a large sample (n = 1,662) of pulmonary medicine patients for a two-year period using both federal and New York DRG reimbursement now in effect at our hospital. Medicare patients had (on average) a longer hospital length of stay and total hospital cost compared to patients from Medicaid, Blue Cross, and other commercial payors. Medicare patients also had a greater severity of illness compared to patients from Blue Cross Medicaid or other payors. All payors, however, (Medicaid, Blue Cross, Medicare and commercial insurers) generated significant financial risk under the DRG All Payor scheme. These data suggest that federal, state, and private payors may be underreimbursing for the care of the hospitalized pulmonary medicine patients using the DRG prospective hospital payment scheme. Health care financing policy, as demonstrated in this study, may limit both the access and quality of care for many pulmonary medicine patients in the future. PMID:2491799

  17. Prevalence and origin of HIV-1 group M subtypes among patients attending a Belgian hospital in 1999.

    Science.gov (United States)

    Snoeck, Joke; Van Dooren, Sonia; Van Laethem, Kristel; Derdelinckx, Inge; Van Wijngaerden, Eric; De Clercq, Erik; Vandamme, Anne-Mieke

    2002-04-23

    HIV-1 group M strains are usually subtyped based on gag and/or env gene sequences. In our lab, part of the pol gene sequence was available in order to determine the genotypic anti-HIV drug resistance profile. To estimate the prevalence of the different HIV-1 subtypes in patients visiting the University Hospitals in Leuven in 1999 and for whom a genotypic drug resistance test was needed, we tried to use the pol sequence for subtyping. Recombination was investigated by similarity plots and bootscanning and subtyping was performed by phylogenetic analysis. The overall region spanning the entire protease and 747 nucleotides of the reverse transcriptase proved very suitable for subtyping, although there was a low phylogenetic signal at the beginning of the reverse transcriptase (nucleotides 0-250), as we demonstrated by likelihood mapping. Of the 41 samples analyzed, 21 belonged to subtype B. Of the other 20 non-B strains, 9 belonged to subtype C, 2 to subtype D and 1 to subtype A, G, H and J, respectively, 3 were CRF_02 (Circulating Recombinant Form), 1 was recombinant with a novel breakpoint and 1 sample was untypable. Although subtype B is still the most prevalent subtype in Belgium, it seems to be responsible for only half of the infections in this study. We could also document that the prevalence of subtype C is high in the Belgian native patients, especially among the heterosexually infected population. This could possibly be an indication for an epidemic spread of HIV-1 subtype C in Belgium, as for one third of these patients, no link to an endemic region could be found. The other non-B subtypes and the recombinants are mainly introduced by immigrants or by Belgian citizens traveling abroad. PMID:11955642

  18. Evaluation of clinical pharmacist recommendations in the geriatric ward of a Belgian university hospital

    OpenAIRE

    Somers A; Robays H; De Paepe P; Van Maele G; Perehudoff K; Petrovic M

    2013-01-01

    Annemie Somers,1 Hugo Robays,1 Peter De Paepe,2 Georges Van Maele,3 Katrina Perehudoff,4 Mirko Petrovic41Department of Pharmacy, Ghent University Hospital, Ghent, Belgium; 2Department of Emergency Medicine, Ghent University Hospital, Ghent, Belgium; 3Department of Medical Statistics, Ghent University Hospital, Ghent, Belgium; 4Department of Geriatrics, Ghent University Hospital, Ghent, BelgiumObjective: To evaluate the type, acceptance rate, and clinical relevance of clinical pharmacist recom...

  19. Surgonomics. Health care financing policy for hospitalized otolaryngology patients.

    Science.gov (United States)

    Muñoz, E; Zahtz, G; Goldstein, J; Benacquista, T; Mulloy, K; Wise, L

    1988-11-01

    The Medicare diagnosis related group (DRG) prospective payment model is changing hospital payment. Currently many states are using DRG prospective "All Payor Systems" for hospital reimbursement. In All Payor Systems, Medicare, Medicaid, Blue Cross, and other commercial insurers pay by the DRG mode; New York State has been All Payor since Jan 1, 1988. This study simulated DRG All Payor methods on a large sample (N = 1074) of adult otolaryngology patients for a two-year period using both federal and New York DRG reimbursement now in effect. Both Medicare and Medicaid patients had (on average) a longer hospital stay and total hospital cost compared with patients from Blue Cross and other commercial payors. Medicare and Medicaid patients also had a greater severity of illness compared with patients from Blue Cross or other payors. All payors (ie, Medicaid, Blue Cross, and commercial insurers), except Medicare, generated financial risk under the DRG All Payor scheme. These data suggest that state and private payors may be underreimbursing for the care of the hospitalized otolaryngology patient using the DRG prospective hospital payment scheme. Health care financing policy described in this study may limit both the access and/or the quality of care for many otolaryngology patients in the future. PMID:3139014

  20. Health care financing policy for hospitalized black patients.

    Science.gov (United States)

    Muñoz, E; Johnson, H; Goldstein, J; Benacquista, T; Mulloy, K; Wise, L

    1988-09-01

    The Medicare diagnostic-related group (DRG) prospective payment model is changing hospital payment. Currently many states are using DRG prospective "all payer systems" for hospital reimbursement. In all payer systems, Medicare, Medicaid, Blue Cross, and other commercial insurers pay by the DRG mode; New York State has had an all payer system since January 1, 1988. This study simulated DRG all payer methods on a large sample (N = 6,134) of adult black medical and surgical patients for a three-year period using both federal and New York DRG reimbursement. Both Medicare and Medicaid patients had, on average, a longer hospital stay and total hospital cost compared with patients covered by Blue Cross and other commercial insurers. Medicare and Medicaid patients also had a greater severity of illness compared with those of Blue Cross and others. All insurers (ie, Medicaid, Blue Cross, Medicare, and commercial) generated substantial financial risk under the DRG all payer scheme. These data suggest that federal, state, and private payers may be under-reimbursing for the care of the hospitalized black patient using the DRG prospective hospital payment scheme. Health care financing policy such as that demonstrated in this study may limit both the access and quality of care for many black patients in the future. PMID:3149307

  1. Health care financing policy for hospitalized pediatric patients.

    Science.gov (United States)

    Munoz, E; Chalfin, D; Goldstein, J; Lackner, R; Mulloy, K; Wise, L

    1989-03-01

    Prospective hospital payment systems using the federal Medicare DRG payment model are changing hospital reimbursement. Currently, many states have adopted diagnosis related group (DRG) prospective "all payer systems" using the federal model. All payer systems, whereby Medicaid, Blue Cross, and other commercial insurers pay by the DRG mode, prevent cost shifting between payers. New York state has used an all payer system since Jan 1, 1988. This study simulated DRG all payer methods for a large sample (N = 16,084) of pediatric patients for a three-year period using the New York DRG all payer reimbursement system now in effect. Medicaid pediatric patients had (adjusted for DRG weight index) a longer hospital stay and greater total hospital cost compared with pediatric patients from Blue Cross and other commercial payers. Medicaid pediatric patients also had a greater severity of illness compared with patients from Blue Cross and other payers. Pediatric patients in all payment groups (ie, Medicaid, Blue Cross, and other commercial insurers) generated financial risk under the DRG all payer scheme. Medicaid pediatric patients generated the greatest financial risk, however. These data suggest that state and private payers may be under-reimbursing for the care of the hospitalized pediatric patient using the DRG prospective hospital payment scheme. Health care financing policy for pediatric patients may limit both access and quality of care. PMID:2492754

  2. Financing maneuvers. Two opportunities to boost a hospital's working capital.

    Science.gov (United States)

    Ferconio, S; Lane, M R

    1991-10-01

    Two receivables financing approaches, factoring and asset-backed securitization, offer an initial cash flow boost and a predictable source for continual cash flow. In a typical receivables factoring program, a healthcare organization receives advance funding from its receivables and reduces collection and follow-up efforts required of its staff. In exchange, the organization: Sells receivables at a discount between 5 percent and 10 percent off face value; and Pays a factoring fee of up to 20 percent of sold receivables. In a typical asset-backed securitization: Proceeds generated from the sale of A1-rated commercial paper are used to purchase receivables from a hospital; Accounts receivable eligible for sale are advance-funded at a level between 80 and 90 percent, with the unfunded portion remaining an asset of the hospital; The hospital is responsible for collection and follow-up activities; and An asset manager maintains cash collections to retire commercial paper notes and pay administrative costs. A healthcare organization interested in receivables financing should review each option's structure and benefits to assess advance funding provided, costs, a seller's level of control, and program eligibility requirements. PMID:10145512

  3. Pandemic A/H1N1v influenza 2009 in hospitalized children: a multicenter Belgian survey

    Directory of Open Access Journals (Sweden)

    Blumental Sophie

    2011-11-01

    Full Text Available Abstract Background During the 2009 influenza A/H1N1v pandemic, children were identified as a specific "at risk" group. We conducted a multicentric study to describe pattern of influenza A/H1N1v infection among hospitalized children in Brussels, Belgium. Methods From July 1, 2009, to January 31, 2010, we collected epidemiological and clinical data of all proven (positive H1N1v PCR and probable (positive influenza A antigen or culture pediatric cases of influenza A/H1N1v infections, hospitalized in four tertiary centers. Results During the epidemic period, an excess of 18% of pediatric outpatients and emergency department visits was registered. 215 children were hospitalized with proven/probable influenza A/H1N1v infection. Median age was 31 months. 47% had ≥ 1 comorbid conditions. Febrile respiratory illness was the most common presentation. 36% presented with initial gastrointestinal symptoms and 10% with neurological manifestations. 34% had pneumonia. Only 24% of the patients received oseltamivir but 57% received antibiotics. 10% of children were admitted to PICU, seven of whom with ARDS. Case fatality-rate was 5/215 (2%, concerning only children suffering from chronic neurological disorders. Children over 2 years of age showed a higher propensity to be admitted to PICU (16% vs 1%, p = 0.002 and a higher mortality rate (4% vs 0%, p = 0.06. Infants less than 3 months old showed a milder course of infection, with few respiratory and neurological complications. Conclusion Although influenza A/H1N1v infections were generally self-limited, pediatric burden of disease was significant. Compared to other countries experiencing different health care systems, our Belgian cohort was younger and received less frequently antiviral therapy; disease course and mortality were however similar.

  4. Evaluation of clinical pharmacist recommendations in the geriatric ward of a Belgian university hospital

    Directory of Open Access Journals (Sweden)

    Somers A

    2013-06-01

    Full Text Available Annemie Somers,1 Hugo Robays,1 Peter De Paepe,2 Georges Van Maele,3 Katrina Perehudoff,4 Mirko Petrovic41Department of Pharmacy, Ghent University Hospital, Ghent, Belgium; 2Department of Emergency Medicine, Ghent University Hospital, Ghent, Belgium; 3Department of Medical Statistics, Ghent University Hospital, Ghent, Belgium; 4Department of Geriatrics, Ghent University Hospital, Ghent, BelgiumObjective: To evaluate the type, acceptance rate, and clinical relevance of clinical pharmacist recommendations at the geriatric ward of the Ghent university hospital.Methods: The clinical pharmacist evaluated drug use during a weekly 2-hour visit for a period of 4 months and, if needed, made recommendations to the prescribing physician. The recommendations were classified according to type, acceptance by the physician, prescribed medication, and underlying drug-related problem. Appropriateness of prescribing was assessed using the Medication Appropriateness Index (MAI before and after the recommendations were made. Two clinical pharmacologists and two clinical pharmacists independently and retrospectively evaluated the clinical relevance of the recommendations and rated their own acceptance of them.Results: The clinical pharmacist recommended 304 drug therapy changes for 100 patients taking a total of 1137 drugs. The most common underlying drug-related problems concerned incorrect dose, drug–drug interaction, and adverse drug reaction, which appeared most frequently for cardiovascular drugs, drugs for the central nervous system, and drugs for the gastrointestinal tract. The most common type of recommendation concerned adapting the dose, and stopping or changing a drug. In total, 59.7% of the recommendations were accepted by the treating physician. The acceptance rate by the evaluators ranged between 92.4% and 97.0%. The mean clinical relevance of the recommendations was assessed as possibly important (53.4%, possibly low relevance (38.1%, and possibly

  5. Impact of a DRG-based hospital financing system on quality and outcomes of care in Italy.

    OpenAIRE

    Louis, D Z; Yuen, E J; Braga, M.; A. Cicchetti; Rabinowitz, C; Laine, C; Gonnella, J S

    1999-01-01

    OBJECTIVE: To examine potential changes in quality of care associated with a recent financing system implementation in Italy: in 1995, hospital financing reform implemented in Italy included the introduction of a DRG-based hospital financing system with the goals of controlling the growth of hospital costs and making hospitals more accountable for their productivity. DATA SOURCES: Hospital discharge abstract data from 1993 through 1996 for all hospitals (N=32) in the Friuli-Venezia-Giulia reg...

  6. Hospital financing reform and case-mix measurement: An international review

    OpenAIRE

    Wiley, Miriam M.

    1992-01-01

    A review of reforms in the financing of hospital services in eight European countries and Australia reveals a commitment to a common objective of relating resource use to hospital workload by means of a standardized case-mix framework in the pursuit of greater efficiency. While this objective is also shared with the U.S. prospective payment system (PPS), it is noteworthy that the majority of countries reviewed favor a global budgeting approach to financing hospital services. Ongoing evaluatio...

  7. Terminal care in older patients in hospital: development of a quality indicator set and its first application in a retrospective comparison of patients treated in acute geriatric unit and a palliative care unit of a Belgian university hospital

    OpenAIRE

    Cools, Annelies; Vaneechoutte, Delphine; Van Den Noortgate, Nele; VERSLUYS, KAREN; De Laat, Martine; Petrovic, Mirko; Piers, Ruth

    2015-01-01

    Background: Care at the end-of-life of geriatric inpatients is of increasing importance. Nevertheless, limited research has been conducted on this subject so far. Objectives: To compose a set of quality indicators (QIs) which measure the quality of terminal care for geriatric inpatients and to compare the quality of end-of-life care between the Acute Geriatric Unit (AGU) and the Palliative Care Unit (PCU). Design: Retrospective case study. Setting: Belgian university hospital. Par...

  8. The association of debt financing with not-for-profit hospitals' provision of uncompensated care.

    Science.gov (United States)

    Magnus, Stephen A; Smith, Dean G; Wheeler, John R C

    2004-01-01

    Not-for-profit hospitals undertook unprecedented amounts of debt in the mid to late 1990s. Corporate finance theory and the literature on hospital financing suggest that debt may constrain hospitals' capacity to deliver uncompensated care. Using data from audited financial statements for a sample of hospitals, this article explores whether debt financing is associated with hospitals' provision of uncompensated care, an output central to many hospitals' service missions. Contrary to expectations, our analysis finds that higher debt is associated with higher levels of uncompensated care. However, the results may reflect the unusual economic and stock-market conditions prevailing in the mid 1990s, and they are consistent with the views of hospital financial managers and other practitioners whom we interviewed. PMID:15682952

  9. Western Australia's public hospital system: some aspects of finance and control.

    Science.gov (United States)

    Bell, J

    1988-01-01

    In 1829 the Governor of the Swan River Colony founded a government-controlled and financed hospital for the destitute but, by charging those who could afford to pay, recognised the admission of patients other than the destitute. In the 1850s and 1860s the Colonial Surgeon, without legislative authority, encouraged District Medical Officers (DMOs) to establish small government hospitals in country districts. Thus a pattern of government financed and controlled hospitals was set early in the State's history. From the 1890s to the 1930s successive governments made many attempts to off-load hospital control onto elected committees and the financing of hospitals onto voluntary subscribers and later taxpayers. PMID:10302917

  10. Health care financing policy for hospitalized nephrology patients.

    Science.gov (United States)

    Muñoz, E; Barrau, L; Goldstein, J; Benacquista, T; Mulloy, K; Wise, L

    1988-12-01

    The Medicare diagnosis-related group (DRG) prospective payment system is now entering its 6th year, with no reported major adverse effects on the health status of the American people. Currently 13 states are using DRG prospective "all-payer systems" for hospital reimbursement; other state may adopt DRG all payer systems. In DRG all-payer systems, Medicare, Medicaid, Blue Cross, and other commercial insurers pay by the DRG mode; New York state has been all-payer since January 1, 1988. This study simulated DRG all-payer methods on a large sample (n = 558) of adult nephrology patients for a 2-year period using both federal and New York DRG reimbursements now in effect. Both Medicare and Medicaid patients had (on average) longer hospital lengths of stay and higher total hospital costs compared with patients from Blue Cross and other commercial payers. Medicare and Medicaid patients also had greater severity of illness than patients from Blue Cross or other payers. However, all payers (ie, Medicaid, Blue Cross, Medicare, and commercial insurers) generated significant financial risk under our DRG all-payer scheme. These data suggest that federal, state, and private payers may be underreimbursing for the care of hospitalized nephrology patients using the DRG prospective hospital payment scheme. As DRG payment rates are further reduced compared with the real hospital costs of treating patients, both the access to and the quality of care for many nephrology patients may be jeopardized. PMID:3143261

  11. BBA Impacts on Hospital Residents, Finances, and Medicare Subsidies

    Science.gov (United States)

    Cromwell, Jerry; Adamache, Walter; Drozd, Edward M.

    2006-01-01

    Concern over rapidly rising Medicare expenditures prompted Congress to pass the 1997 Balanced Budget Act (BBA) that included provisions reducing graduate medical education (GME) payments and capped the growth in residents for payment purposes. Using Medicare cost reports through 2001, we find that both actual and capped residents continued to grow post-BBA. While teaching hospital total margins declined, GME payment reductions of approximately 17 percent had minimal impact on revenue growth (-0.5 percent annually). Four years after BBA, residents remained a substantial line of business for nearly one-half of teaching hospitals with Medicare effective marginal subsidies exceeding resident stipends by nearly $50,000 on average. Coupled with an estimated replacement cost of over $100,000 per resident, it is not surprising that hospitals accepted nearly 4,000 residents beyond their allowable payment caps in just 4 years post-BBA. PMID:17290672

  12. Development and validation of nursing resource weights for the Belgian Nursing Minimum Dataset in general hospitals: a Delphi questionnaire survey approach.

    OpenAIRE

    Sermeus, Walter; Gillet, Pierre; GILLAIN, Daniel; GRIETENS, Jan; LAPORT, Nancy; MICHIELS, Dominik; THONON, Olivier; VANDEN BOER, Guy; Van Herck, Pieter; Van den Heede, Koen

    2009-01-01

    BACKGROUND: Internationally, nursing is not well represented in hospital financing systems. In Belgium a nursing weight system exists to adjust budget allocation for differences in nurse staffing requirements, but there is a need for revision. Arguments include the availability of a nursing minimum dataset and the adverse consequences of the current historically based nursing weight system. OBJECTIVES: The development and validation of nursing resource weights for the revised Belgium nursing ...

  13. Gender gap in parents' financing strategy for hospitalization of their children: evidence from India.

    Science.gov (United States)

    Asfaw, Abay; Lamanna, Francesca; Klasen, Stephan

    2010-03-01

    The 'missing women' dilemma in India has sparked great interest in investigating gender discrimination in the provision of health care in the country. No studies, however, have directly examined discrimination in health-care financing strategies in the case of severe illness of sons versus daughters. In this paper, we hypothesize that households who face tight budget constraints are more likely to spend their meager resources on hospitalization of boys rather than girls. We use the 60th round of the Indian National Sample Survey (2004) and a multinomial logit model to test this hypothesis and to throw some light on this important but overlooked issue. The results reveal that boys are much more likely to be hospitalized than girls. When it comes to financing, the gap in the usage of household income and savings is relatively small, while the gender gap in the probability of hospitalization and usage of more onerous financing strategies is very high. Ceteris paribus, the probability of boys to be hospitalized by financing from borrowing, sale of assets, help from friends, etc. is much higher than that of girls. Moreover, in line with our theoretical framework, the results indicate that the gender gap intensifies as we move from the richest to poorest households. PMID:19267357

  14. The effect of financing hospital health care providers through updated Diagnosis Related Groups. Case studies: the municipal hospitals in Romania

    Directory of Open Access Journals (Sweden)

    Emil OLTEANU

    2014-11-01

    Full Text Available In our scientific approach we tried to develop a model with which to highlight the effect of financing hospital health care providers using the hospital 's Diagnosis Related Groups (DRG and Mean Relative Values (MRV. The econometric model used is simple linear regression model form. Development of the model was performed by using the EViews 7 to the municipal hospitals in Romania during 2010 - 2012, being considered DRG dependent variable and independent variables: C and MRV. Analyzing in detail the results recorded by providers following simple regression model is observed that there are units which, although recorded low values in the number of patients discharged, they were able to achieve a relatively high VRM or to contract a level of TAC over average of the entire sample.

  15. Finance.

    Science.gov (United States)

    Alexander, Kern

    Patterns that emerged from reviewing syllabi for 12 courses on higher education finance are discussed. The prevailing purpose of the course appeared to be to provide an introduction to fiscal problems and issues in higher education. Some courses did, however, go beyond the introductory stages to analyze the economics of higher education. Most…

  16. Nuclear biomedical and hospital waste management at the University of Brussels (VUB): optimization in the Belgian context

    International Nuclear Information System (INIS)

    Low level nuclear waste (LLW) from biomedical research laboratories and from hospitals has specific characteristics, requiring a different management than the LLW from nuclear energy. Biomedical waste generally does not contain emitters and essentially consists of short-lived β/γ-emitters and a range of pure β-emitters, which are difficult to measure. Except for 3H and 14C, the radionuclides found in biomedical waste have half-lives less then 100 days and hence do not require nuclear disposal. Limited quantities of accelerator activation products (mainly 65Zn and 60Co) and compact sealed sources of 60Co, 137Cs, 226Ra and 192Ir form the only exceptions. National nuclear waste agencies typically do not have a specific policy for treatment and disposal of this type of LLW. In 2001 new price increases were announced for specific categories of this waste. They were implemented by NIRAS/ONDRAF early 2002. The major universities and academic hospitals expressed concern. The Health Council has considered the problem and has recently recommended to the authorities a set of measures to prevent non authorised liberation of this waste. Moreover non-nuclear waste companies have noticed a considerable growing inventory of radioactivity in incoming waste transports before treatment. A variety of radionuclides and activities were found in a diversity of origins from municipal waste over medical waste to industrial waste. Dismantling of accelerators and their shielding could add considerable amounts of waste. Due to the escalating costs and the lack of acceptance of near-surface disposal facilities, the university of Brussels (VUB) and its hospital, have developed a successful on-site waste decay storage program in collaboration with Canberra Europe, which is discussed hereafter

  17. Surgonomics as a health care financing policy for hospitalized surgical patients.

    Science.gov (United States)

    Muñoz, E; Goldstein, J; Benacquista, T; Mulloy, K; Wise, L

    1989-05-01

    The Medicare system of prospective payment to hospitals based on diagnostic related groups (DRG) has been severely criticized at a number of levels. Many states are using DRG prospective "All Payor Systems" for reimbursement to hospitals with the federal DRG system as a model. In All Payor Systems, Medicare, Medicaid, Blue Cross and other commercial insurers pay by the DRG mode; the state of New York has been All Payor since 1 January 1988. This study simulated DRG All Payor methods on a large sample (N = 17,560) of surgical patients for a two year period, using both federal and New York DRG reimbursement methods currently in effect. Both Medicare and Medicaid patients had, on average, a longer length of stay in the hospital and higher total cost of hospitalization compared with patients from Blue Cross and other commercial payors. Medicare and Medicaid patients also had a greater severity of illness compared with patients from Blue Cross or other payors. All except commercial insurors (that is, Medicaid, Blue Cross and Medicare) had greater financial risk under the DRG All Payor scheme. Results from our study suggest that federal, state and private payors may not be adequately reimbursing health care providers for the care of the hospitalized surgical patient under the DRG prospective scheme of hospital payment. It appears that the financing policy for health care, especially at the federal and state level, could limit both the access and quality of care for surgical patients. PMID:2496483

  18. Risk analysis of marine activities in the Belgian part of the North Sea (RAMA): final report

    OpenAIRE

    Le Roy, D; Volckaert, A; Vermoote, S.; Wachter, B; Maes, F.; Coene, J.; Calewaert, J.-B.

    2006-01-01

    RAMA is a 2-year project (04/2004 - 04/2006) executed by two Belgian partners, Ecolas NV (Environmental Consultancy Agency) and the Maritime Institute (University of Ghent), and financed by the SPSD II research program, specific actions, of the Belgian Science Policy (BELPSO). RAMA aims to assess the environmental risks of spills by commercial shipping activities on the Belgian Part of the North Sea. Shipping patterns, transports of dangerous goods, probability of risks and the potential impa...

  19. Implementation of a program for type 2 diabetes based on the Chronic Care Model in a hospital-centered health care system: 'the Belgian experience'

    OpenAIRE

    Van Royen Paul; Vermeire Etienne; Wens Johan; Nobels Frank; Snauwaert Boris; Feyen Luc; Bastiaens Hilde; Sunaert Patricia; De Maeseneer Jan; De Sutter An; Willems Sara

    2009-01-01

    Abstract Background Most research publications on Chronic Care Model (CCM) implementation originate from organizations or countries with a well-structured primary health care system. Information about efforts made in countries with a less well-organized primary health care system is scarce. In 2003, the Belgian National Institute for Health and Disability Insurance commissioned a pilot study to explore how care for type 2 diabetes patients could be organized in a more efficient way in the Bel...

  20. Belgian Firms Visit CERN

    CERN Multimedia

    2001-01-01

    Fifteen Belgian firms visited CERN last 2 and 3 April to present their know-how. Industrial sectors ranging from precision machining to electrical engineering and electronics were represented. And for the first time, companies from the Flemish and Brussels regions of the country joined their Walloon compatriots, who have come to CERN before. The visit was organised by Mr J.-M. Warêgne, economic and commercial attaché at the Belgian permanent mission for the French-speaking region, Mr J. Van de Vondel, his opposite number for the Flemish region, and Mrs E. Solowianiuk, economic and commercial counsellor at the Belgian permanent mission for the Brussels-Capital region.

  1. The effect of introducing a Trauma Network on patient flow, hospital finances and trainee operating.

    Science.gov (United States)

    Hipps, Daniel; Jameson, Simon; Murty, An; Gregory, Rob; Large, David; Gregson, Jackie; Refaie, Ramsay; Reed, Mike

    2015-02-01

    In April 2012 the National Health Service in England introduced the Trauma Network system with the aim of improving the quality of trauma care. In this study we wished to determine how the introduction of the Trauma network has affected patient flow, hospital finances and orthopaedic trauma training across our region. The overall pattern of trauma distribution was not greatly affected, reflecting the relative rarity of major trauma in the UK. A small decrease in the total number of operations performed by trainees was noted in our region. Trainees at units designated as Major Trauma Centres gained slightly more operative experience in trauma procedures overall, and specifically in those associated with high energy, such as long bone nail insertion and external fixation procedures. However, there have been no significant changes in this pattern since the introduction of the Trauma Networks. Falling operative numbers presents a challenge for delivering high quality training within a surgical training programme, and each case should be seen as a vital educational opportunity. Best practice tariff targets for trauma were delivered for 99% of cases at our MTCs. Future audit and review to analyse the evolving role of the MTCs is desirable. PMID:25697735

  2. A CO2-strategy for BTC [Belgian Development Agency

    Energy Technology Data Exchange (ETDEWEB)

    Bailly, J. [Prospect C and S, Brussels (Belgium); Hanekamp, E. [Partners for Innovation, Amsterdam (Netherlands)

    2008-09-15

    The CO2 footprint is determined the CO2 strategy is developed for the Belgian Technical Cooperation (BTC). BTC is the Belgian agency for development cooperation, and finances development projects in 23 partner countries. The CO2 footprint covered BTC's activities in 2007 in all their offices worldwide. Footprint and strategy were finalised and adopted by the Executive Board at the end of 2008. Meanwhile, the BTC began with the introduction of the proposed strategy. Partners for Innovation and Prospect were asked to support the introduction of the strategy and to determine the CO2 footprint of 2008.

  3. Development path and capital structure of belgian biotechnology firms

    OpenAIRE

    Véronique Bastin; Albert Corhay; Georges Hübner; Pierre-Armand Michel

    2002-01-01

    This study investigates the relationship between the evolution of real options values and associated financing policies for Belgian companies in the sector of bio-industries. Each firm's situation regarding the relevant types of real options is stylistically represented through a scenario tree. The consumption of a time-to-build or a growth option is respectively considered as a success or a failure in company development. Empirically, several variables enable us to locate each company along ...

  4. An examination of contemporary financing practices and the global financial crisis on nonprofit multi-hospital health systems.

    Science.gov (United States)

    Stewart, Louis J; Smith, Pamela C

    2011-01-01

    This study examines the impact of the 2008 global financial crisis on large US nonprofit health systems. We proceed from an analysis of the contemporary capital financing practices of 25 of the nation's largest nonprofit hospitals and health systems. We find that these institutions relied on operating cash flows, public issues of insured variable rate debt, and accumulated investment to meet their capital financing needs. The combined use of these three financial instruments provided these organizations with $22.4 billion of long-term capital at favorable terms and the lowest interest rates. Our analysis further indicates that the extensive utilization of bond insurance, auction rate debt, and interest rate derivatives created significant risk exposures for these health systems. These risks were realized by the broader global financial crisis of 2008. Findings indicate these health systems incurred large losses from the early retirement of their variable rate debt. In addition, many organizations were forced to post nearly $1 billion of liquid collateral due to the falling values of their interest rate derivatives. Finally, the investment portfolios of these large nonprofit health systems suffered millions of dollars of unrealized capital losses, which may minimize their ability to finance future capital investment requirements. PMID:21528830

  5. The Belgian trial with azithromycin for acute COPD exacerbations requiring hospitalization: an investigator-initiated study protocol for a multicenter, randomized, double-blind, placebo-controlled trial

    Science.gov (United States)

    Vermeersch, Kristina; Gabrovska, Maria; Deslypere, Griet; Demedts, Ingel K; Slabbynck, Hans; Aumann, Joseph; Ninane, Vincent; Verleden, Geert M; Troosters, Thierry; Bogaerts, Kris; Brusselle, Guy G; Janssens, Wim

    2016-01-01

    Background Long-term use of macrolide antibiotics is effective to prevent exacerbations in chronic obstructive pulmonary disease (COPD). As risks and side effects of long-term intervention outweigh the benefits in the general COPD population, the optimal dose, duration of treatment, and target population are yet to be defined. Hospitalization for an acute exacerbation (AE) of COPD may offer a targeted risk group and an obvious risk period for studying macrolide interventions. Methods/design Patients with COPD, hospitalized for an AE, who have a smoking history of ≥10 pack-years and had ≥1 exacerbation in the previous year will be enrolled in a multicenter, randomized, double-blind, placebo-controlled trial (NCT02135354). On top of a standardized treatment of systemic corticosteroids and antibiotics, subjects will be randomized to receive either azithromycin or placebo during 3 months, at an uploading dose of 500 mg once a day for 3 days, followed by a maintenance dose of 250 mg once every 2 days. The primary endpoint is the time-to-treatment failure during the treatment phase (ie, from the moment of randomization until the end of intervention). Treatment failure is a novel composite endpoint defined as either death, the admission to intensive care or the requirement of additional systemic steroids or new antibiotics for respiratory reasons, or the diagnosis of a new AE after discharge. Discussion We investigate whether azithromycin initiated at the onset of a severe exacerbation, with a limited duration and at a low dose, might be effective and safe in the highest risk period during and immediately after the acute event. If proven effective and safe, this targeted approach may improve the treatment of severe AEs and redirect the preventive use of azithromycin in COPD to a temporary intervention in the subgroup with the highest unmet needs. PMID:27099485

  6. Strained local and state government finances among current realities that threaten public hospitals' profitability.

    Science.gov (United States)

    Kane, Nancy M; Singer, Sara J; Clark, Jonathan R; Eeckloo, Kristof; Valentine, Melissa

    2012-08-01

    This study demonstrates that some safety-net hospitals--those that provide a large share of the care to low-income, uninsured, and Medicaid populations--survived and even thrived before the recent recession. We analyzed the financial performance and governance of 150 hospitals during 2003-07. We found, counterintuitively, that those directly governed by elected officials and in highly competitive markets were more profitable than other safety-net hospitals. They were financially healthy primarily because they obtained subsidies from state and local governments, such as property tax transfers or supplemental Medicaid payments, including disproportionate share payments. However, safety-net hospitals now face a new market reality. The economic downturn, slow recovery, and politics of deficit reduction have eroded the ability of local governments to support the safety net. Many safety-net hospitals have not focused on effective management, cost control, quality improvement, or services that attract insured patients. As a result, and coupled with new uncertainties regarding Medicaid expansion stemming from the recent Supreme Court decision on the Affordable Care Act, many are likely to face increasing financial and competitive pressures that may threaten their survival. PMID:22869645

  7. Determinants of the cost of capital for privately financed hospital projects in the UK.

    Science.gov (United States)

    Colla, Paolo; Hellowell, Mark; Vecchi, Veronica; Gatti, Stefano

    2015-11-01

    Many governments make use of private finance contracts to deliver healthcare infrastructure. Previous work has shown that the rate of return to investors in these markets often exceeds the efficient level. Our focus is on the factors that influence that return. We examine the effect of macroeconomic, project- and firm-level variables using a detailed sample of 84 UK private finance initiative (PFI) contracts signed between 1997 and 2010. Of the above variables, macroeconomic conditions and lead sponsor size are related to the investor return. However, our results show a remarkable degree of stability in the return to investors over the 14-year period. We find evidence of a 'prevailing norm' that is robust to project- and firm-level variation. The sustainability of excess returns over a long period is indicative of a concentrated market structure. We argue that policymakers should consider new mechanisms for increasing competition in the equity market, while ensuring that authorities have the specialist resources required to negotiate efficient contract prices. PMID:26432655

  8. The role of the sickness funds in the Belgian health care market

    NARCIS (Netherlands)

    W. Nonneman (Nonneman); E.K.A. van Doorslaer (Eddy)

    1994-01-01

    textabstractThis article reviews some of the salient features of the Belgian health care finance and delivery system. Special attention is paid to the role played by the third-party payers, i.e. the Health Insurance Associations (HIAs) in administering the compulsory national health insurance progra

  9. MOLIERE PROJECT - Belgian National Report

    OpenAIRE

    Naedenoen, Frédéric

    2014-01-01

    This document aims at introducing the restructuring phenomena in Belgium. It makes part of a larger project (called the MOLIERE project) undertaken by eleven European countries gathered to analyse restructurings. This national document follows a common reporting format: an introduction of the complex Belgian restructuring frameworks (1), a presentation of the main actors involved in the process (2), a synthesis of the measures created to anticipate change (3) and a synthesis of the measures ...

  10. A discussion on public hospital's financing risks and the control strategies%公立医院融资风险及其管理策略探讨

    Institute of Scientific and Technical Information of China (English)

    雒敏; 聂志萍

    2011-01-01

    The paper described the conception and forms of risks for public hospitals financing,proposing the risk avoidance strategy, loss control strategy, and risk transfer strategy against these risks. In addition, it is proposed to take proactive measures to build the financing risk management system for public hospitals, and construct an effective financing risk prewaming mechanism, raise the scientific standard of financial decision-making, and develop a clear-cut economic responsibility system for the hospital leaders during their term, for the purpose of effectively minimizing the risks.%描述了公立医院融资风险的概念及主要表现形式,提出融资风险的风险回避策略、损失控制策略、风险转嫁策略,并建议采取积极措施,构建公立医院融资风险管理系统、建立有效的融资风险预警机制、提高财务决策的科学化水平、建立明晰的领导任期内经济责任制,以有效防范风险的发生。

  11. A Belgian Approach to Learning Disabilities.

    Science.gov (United States)

    Hayes, Cheryl W.

    The paper reviews Belgian philosophy toward the education of learning disabled students and cites the differences between American behaviorally-oriented theory and Belgian emphasis on identifying the underlying causes of the disability. Academic methods observed in Belgium (including psychodrama and perceptual motor training) are discussed and are…

  12. Drug use in relation to clinical activities as an instrument for prospective drug budgeting. The Belgian experience.

    Science.gov (United States)

    Closon, M C; Crott, R; Even-Adin, D

    1996-03-01

    In an effort to control escalating health expenditures, especially in hospitals, many countries are planning or experimenting with prospective budgeting systems. Belgium is no exception and has recently introduced, with some success, limited fixed charges per hospital admission and/or per hospitalisation day for laboratory tests and radiographic investigations. More recently, the focus has shifted to hospital drug expenditures, which have shown high growth rates over the past few years. Until now, such expenditures have been reimbursed on a fee-for-service system, often with limited out-of-pocket charges for hospitalised patients. In order to curb the growth of drug expenditures, it is appropriate to investigate whether the financing of hospital drugs through a prospective budgeting system could be a feasible solution. Therefore, we constructed a database of over 270 000 admissions from a sample of 23 Belgian general and teaching (university) hospitals for the year 1991. Data were obtained from the official Minimum Basic Data Set or Résumé Clinique Minimum, which contains summarised clinical and administrative information, plus detailed expenditures (including medications) for each hospital stay. This information allowed us to categorize each stay into an appropriate diagnosis-related group (DRG). Our first descriptive analysis identified a number of major variables that influenced patients' drug expenditures: all-patient DRG (APDRG), age, disease severity, length of stay in an intensive care unit, emergency admission, death during hospitalisation, and hospital type (teaching or general). A covariance analysis was then performed on all hospital stays combined, and separately on surgical and medical stays. The results indicated that these variables taken together account for between 56.5 and 76.3% of drug expenditures in medical and surgical stays, respectively, with the major variance explained by differences in APDRG category. However, when the data were

  13. Variable prospective financing in the Danish hospital sector and the development of a Danish case-mix system.

    Science.gov (United States)

    Ankjaer-Jensen, Anni; Rosling, Pernille; Bilde, Lone

    2006-08-01

    This article aims to describe and assess the Danish case-mix system, the cost accounting applied in setting national tariffs and the introduction of variable, prospective payment in the Danish hospital sector. The tariffs are calculated as a national average from hospital data gathered in a national cost database. However, uncertainty, mainly resulting from the definition of cost centres at the individual hospital, implies that the cost weights may not fully reflect the hospital treatment cost. As variable prospective payment of hospitals currently only applies to 20% of a hospital's budget, the incentives and the effects on productivity, quality and equality are still limited. PMID:17016932

  14. Incremental impact of venture capital financing

    OpenAIRE

    Alperovych, Yan; Hübner, Georges

    2013-01-01

    This paper investigates the differences in the return generating process of venture capital (VC)-backed firms and their peers that operate without VC financing. Using a unique hand-picked database of 990 VC-backed Belgian firms and a complete population of Belgian small and medium-sized enterprises (SMEs), we focus on the extent to which the presence of a VC investor affects the sensitivity of a firm’s returns to the changes in the capital structure, in the operating cycle, and in the industr...

  15. [Treatment for pulmonary arterial hypertension under the new French hospital financing system. Recommendations of the Pulmonary Vascular Diseases Working Group of the French Society of Pulmonary Medicine].

    Science.gov (United States)

    Sitbon, O; Humbert, M; Simonneau, G

    2005-11-01

    Activity-based financing (that is, casemix-based hospital payments, known as T2A) is intended to harmonize and improve the fairness of remuneration of public and private hospitals. T2A will ultimately rely mainly on a flat rate per admission, set according to the diagnosis-related group (DRG). Although payment for drugs is usually included in the DRG price, some expensive drugs will be reimbursed on an additional cost basis after implementation of a "best practices" agreement. Four drugs used for treatment of pulmonary arterial hypertension are eligible for this additional reimbursement: 3 prostacyclin derivatives (intravenous epoprostenol, inhaled iloprost, and subcutaneous treprostinil), and oral bosentan, an endothelin receptor antagonist. The Pulmonary Vascular Diseases working group of the French Society of Pulmonary Medicine has developed guidelines for the best practices in use of these drugs. PMID:16301977

  16. The Belgian nuclear research centre

    International Nuclear Information System (INIS)

    The Belgian Nuclear Research Centre is almost exclusively devoted to nuclear R and D and services and is able to generate 50% of its resources (out of 75 million Euro) by contract work and services. The main areas of research include nuclear reactor safety, radioactive waste management, radiation protection and safeguards. The high flux reactor BR2 is extensively used to test fuel and structural materials. PWR-plant BR3 is devoted to the scientific analysis of decommissioning problems. The Centre has a strong programme on the applications of radioisotopes and radiation in medicine and industry. The centre has plans to develop an accelerator driven spallation neutron source for various applications. It has initiated programmes to disseminate correct information on issues of nuclear energy production and non-energy nuclear applications to different target groups. It has strong linkages with the IAEA, OECD-NEA and the Euratom. (author)

  17. Integrated modelling of the Belgian coastal zone

    OpenAIRE

    Delhez, E. J. M.; Carabin, G.

    2001-01-01

    The management of the water resources in coastal or delta plains asks for an integrated modelling of the water system at a regional scale. In the SALMON project, detailed descriptions of the groundwater, river and marine domains are provided by coupling appropriate numerical models of these different sub-systems.The application of this three-fold model to the Scheldt and Belgian Coastal Zone reveals a marked river plume extending along the Belgian Coast with strong offshore gradients. This pl...

  18. An ecosystem approach towards Belgian coastal policy

    OpenAIRE

    Vanden Eede, S.

    2013-01-01

    The Belgian coastal zone hosts a complex of space-use and resource-use activities with a myriad of pressures impairing environmental conditions both on the coastline and on coastal waters Specifically at the beach zone, predictions on sea level rise, intensified storms accelerated erosion and flood risk for the North Sea have led to the drafting of the Belgian Integrated Coastal Safety Plan. The preferred coastal defence measure is beach nourishment as it safeguards the natural dynamics of th...

  19. Strategic groups in the Belgian fishing fleet

    OpenAIRE

    Stouten, H.; A. HEENE; Gellynck, X.; Polet, H

    2011-01-01

    This study examines the heterogeneity of the Belgian fishing fleet based on “strategic groups”, a concept borrowed from the field of strategic management. Its objectives are: (1) to define strategic groups within the Belgian fishing fleet; (2) to examine the performance differences among these strategic groups; (3) to examine whether firms (i.e., vessels) move between strategic groups over time; and (4) to examine if firm-movement (i.e., vessel-movement) differs across strategic groups. In th...

  20. Inventory of nuclear liabilities - The Belgian perspective

    International Nuclear Information System (INIS)

    substances, the government today has at its disposal a first general overview available of the financing mechanisms intended to cover the future costs of the decommissioning and remediation in Belgium, including the costs of long-term management of radioactive waste. The report on the inventory of the nuclear liabilities contains all useful elements that should make it possible for the government to take a number of necessary measures to consolidate the means acquired and to fill those gaps identified. In this way it will guarantee the Belgian citizen that the necessary financial means will be available to manage the radioactive substances present in Belgium safely, both in the short and long term

  1. Differences between Belgian and Brazilian group A Streptococcus epidemiologic landscape.

    Directory of Open Access Journals (Sweden)

    Pierre Robert Smeesters

    Full Text Available BACKGROUND: Group A Streptococcus (GAS clinical and molecular epidemiology varies with location and time. These differences are not or are poorly understood. METHODS AND FINDINGS: We prospectively studied the epidemiology of GAS infections among children in outpatient hospital clinics in Brussels (Belgium and Brasília (Brazil. Clinical questionnaires were filled out and microbiological sampling was performed. GAS isolates were emm-typed according to the Center for Disease Control protocol. emm pattern was predicted for each isolate. 334 GAS isolates were recovered from 706 children. Skin infections were frequent in Brasília (48% of the GAS infections, whereas pharyngitis were predominant (88% in Brussels. The mean age of children with GAS pharyngitis in Brussels was lower than in Brasília (65/92 months, p<0.001. emm-typing revealed striking differences between Brazilian and Belgian GAS isolates. While 20 distinct emm-types were identified among 200 Belgian isolates, 48 were found among 128 Brazilian isolates. Belgian isolates belong mainly to emm pattern A-C (55% and E (42.5% while emm pattern E (51.5% and D (36% were predominant in Brasília. In Brasília, emm pattern D isolates were recovered from 18.5% of the pharyngitis, although this emm pattern is supposed to have a skin tropism. By contrast, A-C pattern isolates were infrequently recovered in a region where rheumatic fever is still highly prevalent. CONCLUSIONS: Epidemiologic features of GAS from a pediatric population were very different in an industrialised country and a low incomes region, not only in term of clinical presentation, but also in terms of genetic diversity and distribution of emm patterns. These differences should be taken into account for designing treatment guidelines and vaccine strategies.

  2. Exploration of the financing and management model of a children's critical disease security system in China based on the implementation of Shanghai Children Hospital Care Aid

    Institute of Scientific and Technical Information of China (English)

    ZHANG Zhi-ruo; WEN Zhao-jun; CHEN Sai-juan; CHEN Zhu

    2011-01-01

    This study is designed to serve as a reference for the establishment of health security systems for children's critical diseases. Through analysis of the operation of Shanghai Children Hospital Care Aid (SCHCA), this study explored the financing model and management of a children's critical disease healthcare system and analyzed the possibility of expanding this system to other areas. It is found that a premium as Iow as RMB 7 per capita per year under SCHCA can provide high-level security for children's critical diseases. With the good experience in Shanghai and based on the current basic medical insurance system for urban residents and the new rural cooperative medical scheme (NRCMS), it is necessary and feasible to build a health security system for children's critical diseases at the national level.

  3. From pralines to multinationals. The economic history of Belgian chocolate

    OpenAIRE

    Garrone, Maria; Pieters, Hannah; Swinnen, Jo

    2015-01-01

    Belgium is associated with high-quality chocolate products and Belgian companies play an important role in cocoa processing. However, in historical perspective the global success and reputation of Belgian chocolate is a relatively recent phenomenon. Especially since the 1980s exports of "Belgian chocolates" have grown exponentially. We document the growth of the sector and discuss its determinants. Today, the very concept of "Belgian chocolate" faces challenges, as successful companies have b...

  4. Hospitals

    Data.gov (United States)

    Department of Homeland Security — This database contains locations of Hospitals for 50 states and Washington D.C. , Puerto Rico and US territories. The dataset only includes hospital facilities and...

  5. Experience with the Implementation of Clinical Pharmacy Services and Processes in a University Hospital in Belgium.

    Science.gov (United States)

    Somers, Annemie; Claus, Barbara; Vandewoude, Koen; Petrovic, Mirko

    2016-03-01

    This article summarizes the experience with the development of clinical pharmacy services in the Ghent University Hospital in Belgium. Implementation of clinical pharmacy services in Belgian hospitals has not been evident because these activities were initially not structurally financed. The aim is to describe the strengths and weaknesses of the clinical pharmacy development process, and the milestones that enhanced the progress. Furthermore, the organisation of clinical pharmacy in the Ghent University Hospital is explained, including back- and front-office activities, seamless pharmaceutical care and medication safety improvement. Some working methods, procedures and tools are explained for different clinical pharmacy services. In particular, the clinical pharmacy projects for geriatric patients as well as the preparation of clinical pharmacy services for the accreditation process are explained. We also reflect on the organisation model and the future development of clinical pharmacy, taking into consideration facilitators and potential barriers. PMID:26922733

  6. The Structure of Corporate Finance in Belgium: An Empirical Investigation

    OpenAIRE

    TYCHON, Pierre

    1997-01-01

    This paper studies the factors influencing the capital structure of Belgian corporate finance since 1984. Using three different datasets, aggregate balance sheets, aggregate flows of funds and a large panel of individual firms followed up during 10 years, we are able to give some empirical evidence for the importance of institutional features in the choice of corporate financing decisions. At the aggregate level, large firms are generally more highly levered; however, in the past ten years we...

  7. PUBLIC FINANCE VERSUS PRIVATE FINANCE

    OpenAIRE

    AUREL IOAN GIURGIU; FLORIN SEBASTIAN DUMA

    2010-01-01

    The generic term of finance comprises a multitude of practical forms, apparently different not only from the targeted purpose, but also by the way of creating and using of the funds. However, finance is divided in two main forms: public finance and private finance. The public finance is trying to satisfy the common needs of the entire community which is administered by the constituted authority, while the private finance refers to the needs of a much more restrained community constituted thro...

  8. Prospects for Revitalising the Belgian University System.

    Science.gov (United States)

    Hecquet, Ignace

    1984-01-01

    Concerns of a researcher in a Belgian university regarding the trend toward policy implementation dominated by short- and medium-term budgetary considerations are outlined. The university system's heterogeneous, compartmentalized nature and potential are noted, along with the relationship to the government and the real danger of break-up of the…

  9. Performance communication of the Belgian Railway

    NARCIS (Netherlands)

    Gelders, Dave; Verckens, Jan Pieter; Galetzka, Mirjam; Seydel, Erwin

    2007-01-01

    Purpose – The purpose of this paper is to provide an insight into performance communication from an important public service, i.e. the Belgian Railway, towards its employees (internal) and stakeholders (external). Design/methodology/approach – A qualitative research approach was taken in the form o

  10. Tracking terrorist finances: The SWIFT program and the American Anti-Terrorist Finance Regime

    OpenAIRE

    David Bruce Bulloch

    2012-01-01

    This article examines the political and legislative history of a formerly classified anti-terrorist finance program initiated in the days after 9/11 that subpoenaed millions of financial records from the Belgian-based Society for Worldwide Interbank Financial Telecommunications (SWIFT) without the knowledge of European authorities.  The European outrage in response to its public disclosure in 2006 — and the subsequent struggle to generate support for the continuation of t...

  11. Private finance. Oz trials.

    Science.gov (United States)

    West, P

    1999-08-19

    Privatization of a public sector general hospital in Adelaide, Australia, five years ago has revealed the strengths of the model and the difficulties of contracting with the private sector. Managers believe the new model has reduced overstaffing and increased local management. There have been continual contracting problems and the hospital has made losses, almost from the start. Private finance initiative contracts may always be difficult to negotiate and sustain. PMID:10662311

  12. Focal epilepsy in the Belgian shepherd

    DEFF Research Database (Denmark)

    Berendt, Mette; Gulløv, Christina Hedal; Fredholm, Merete

    2009-01-01

    OBJECTIVES: To establish the mode of inheritance and describe the clinical features of epilepsy in the Belgian shepherd, taking the outset in an extended Danish dog family (199 individuals) of Groenendael and Tervueren with accumulated epilepsy. METHODS: Epilepsy positive individuals (living and...... deceased) were ascertained through a telephone interview using a standardised questionnaire regarding seizure history and phenomenology. Living dogs were invited to a detailed clinical evaluation. Litters more than five years of age, or where epilepsy was present in all offspring before the age of five...... seizures. In seven dogs, seizures could not be classified. The mode of inheritance of epilepsy was simple Mendelian. CLINICAL SIGNIFICANCE: This study identified that the Belgian shepherd suffers from genetically transmitted focal epilepsy. The seizure phenomenology expressed by family members have a...

  13. Behavioralizing Finance

    OpenAIRE

    Shefrin, Hersh

    2010-01-01

    Finance is in the midst of a paradigm shift, from a neoclassical based framework to a psychologically based framework. Behavioral finance is the application of psychology to financial decision making and financial markets. Behavioralizing finance is the process of replacing neoclassical assumptions with behavioral counterparts. This monograph surveys the literature in behavioral finance, and identifies both its strengths and weaknesses. In doing so, it identifies possible directions for behav...

  14. Optical remote sensing of Belgian coastal waters

    OpenAIRE

    Ovidio, F.; K. Ruddick; Vasilkov, A.; Burenkov, V.

    2001-01-01

    This paper summarises the research conducted at MUMM in optical remote sensing of Belgian coastal waters during the period 1997-2000. The motivation for this research consists of the need to provide information for marine environmental management of coastal eutrophication and sediment transport related problems. The basic products provided by optical remote sensing are maps of chlorophyll concentration and total suspended matter. A key contribution has been made for the atmospheric correction...

  15. Advertising budgeting practices of Belgian industrial marketers.

    OpenAIRE

    François, Pierre

    2003-01-01

    The author reports on the results of a survey of a random sample of 102 belgian industrial companies, which measured which budget setting processes companies use, how they set budgets and the resulting budget composition. The objective of the study was first to compare the results with international practice, and second to try to explain their budgeting practices as a function of company, product and market characteristics measured in the same survey. The major conclusions are mixed : on the ...

  16. The Belgian Nuclear Higher Education Network

    International Nuclear Information System (INIS)

    Full text: BNEN, the Belgian Nuclear Higher Education Network has been created in 2001 by five Belgian universities and the Belgian Nuclear Research Centre (SCK-CEN) as a joint effort to maintain and further develop a high quality programme in nuclear engineering in Belgium. In a country where a substantial part of electricity generation will remain of nuclear origin for a number of years, there is a need for well educated and well trained engineers in this area. Public authorities, regulators and industry brought their support to this initiative. In the framework of the new architecture of higher education in Europe, the English name for this 60 ECTS programme is 'Master of Science in Nuclear Engineering'. To be admitted to this programme, students must already hold a university degree in engineering or equivalent. Linked with university research, benefiting from the human resources and infrastructure of SCK-CEN, encouraged and supported by the partners of the nuclear sector, this programme should be offered not only to Belgian students, but also more widely throughout Europe and the world. The master programme is a demanding programme where students with different high level backgrounds in engineering have to go through highly theoretical subjects like neutron physics, fluid flow and heat transfer modelling, and apply them to reactor design, nuclear safety and plant operation and control. At a more interdisciplinary level, the programme includes some important chapters of material science, with a particular interest for the fuel cycle. Radiation protection belongs also to the backbone of the programme. All the subjects are taught by academics appointed by the partner universities, whereas the practical exercises and laboratory sessions are supervised by researchers of SCK-CEN. The final thesis offers an opportunity for internship in industry or in a research laboratory. More information: http://www.sckcen.be/BNEN. (author)

  17. 对新《医院财务制度》加强财务监督力度的探讨%Discussion on finance supervision in new hospital financial system

    Institute of Scientific and Technical Information of China (English)

    黄龙梅

    2011-01-01

    To match the requirement of health system reform and health care development and to fit for the changing environment of hospital operation, financial supervision is presented in aspects of improving hospital finance management system and standardizing hospital finance information quality and to promoting the usage of financial data to regulate hospital financial work, improve internal management, strengthen hospital self restraint mechanism and improve the efficiency of capital usage.%新适应医药卫生体制改革的要求和医疗卫生事业发展、医院运行环境的变化和实际工作需求,从完善医院财务管理体制建设和规范医院财务信息质量标准,提高财务数据的可用性两方面提出加强医院内外财务监督要求,促进医院规范财务行为,完善内部管理,加强自我约束机制,提高资金使用效益.

  18. Hospitals

    DEFF Research Database (Denmark)

    Mullins, Michael

    2013-01-01

    is to minimize the negative effects of stress inducing environments based on research results. Which stress inducing factors? We can look around at some old hospitals and see they are noisy, confusing, ugly, monotonous, hard, cold, artificial, and dark; qualitative terms which can indicate what we shouldn...... in the navigation experience and wasted time of medical staff in providing directions. Space in hospitals: space can be divided into personal, social and outdoor space. Personal space: single rooms have been well documented in: admission length, mortality rates, comfort levels, sense of privacy, all users......’ satisfaction. Social space: attention to spatial qualities, volume and interior design in terms of encouraging physical contact between users in wards, waiting areas and semi-private rooms. Outdoor space: Landscape and gardens are not enough in themselves; they should be visible, centrally or strategically...

  19. Religiosity, Values, and Acculturation: A Study of Turkish, Turkish-Belgian, and Belgian Adolescents

    Science.gov (United States)

    Gungor, Derya; Bornstein, Marc H.; Phalet, Karen

    2012-01-01

    We address the understudied religious dimension of acculturation in acculturating adolescents who combine a religious Islamic heritage with a secularized Christian mainstream culture. The religiosity of 197 Turkish-Belgian adolescents was compared with that of 366 age-mates in Turkey (the heritage culture) and 203 in Belgium (the mainstream…

  20. Project financing

    International Nuclear Information System (INIS)

    Project financing was defined ('where a lender to a specific project has recourse only to the cash flow and assets of that project for repayment and security respectively') and its attributes were described. Project financing was said to be particularly well suited to power, pipeline, mining, telecommunications, petro-chemicals, road construction, and oil and gas projects, i.e. large infrastructure projects that are difficult to fund on-balance sheet, where the risk profile of a project does not fit the corporation's risk appetite, or where higher leverage is required. Sources of project financing were identified. The need to analyze and mitigate risks, and being aware that lenders always take a conservative view and gravitate towards the lowest common denominator, were considered the key to success in obtaining project financing funds. TransAlta Corporation's project financing experiences were used to illustrate the potential of this source of financing

  1. Compare benefits before entering receivables financing.

    Science.gov (United States)

    Ferconio, S; Lane, M R

    1991-02-01

    Financing accounts receivables is becoming a popular strategy in the healthcare industry. Factoring and securitization are two financing methods available to hospitals. Patient accounts managers who understand the programs' structures, incentives, and costs will be able to achieve the maximum benefit for their hospitals when choosing one of these transactions. PMID:10109699

  2. Consumer Finance

    OpenAIRE

    Peter Tufano

    2009-01-01

    Although consumer finance is a substantial element of the economy, it has had a smaller footprint within financial economics. In this review, I suggest a functional definition of the subfield of consumer finance, focusing on four key functions: payments, risk management, moving funds from today to tomorrow (saving/investing), and from tomorrow to today (borrowing). I provide data showing the economic importance of consumer finance in the American economy. I propose a historical explanation fo...

  3. Behavioral Finance

    OpenAIRE

    Hirshleifer, David

    2003-01-01

    Behavioral finance is the study of how psychology affects financial decision making and financial markets. A valuable resource for both academics and practitioners, this authoritative collection brings together the main works in both psychology and finance, dealing with the debate between proponents of the behavioral school and advocates of the efficient market school. The first volume contains works written by leading psychologists that underlie behavioral finance, focusing on general issues...

  4. Project financing

    International Nuclear Information System (INIS)

    This paper presents the basic concepts and components of the project financing of large industrial facilities. Diagrams of a simple partnership structure and a simple leveraged lease structure are included. Finally, a Hypothetical Project is described with basic issues identified for discussion purposes. The topics of the paper include non-recourse financing, principal advantages and objectives, disadvantages, project financing participants and agreements, feasibility studies, organization of the project company, principal agreements in a project financing, insurance, and an examination of a hypothetical project

  5. Belgian Photography: Towards a Minor Photography.

    OpenAIRE

    Jan Baetens; Hilde Van Gelder; Mieke Bleyen

    2011-01-01

    Abstract: This article investigates Belgian photography from within the national framework. Using the notion of "banal nationalism" (Billig), it explores how even in the case of a nation wi...

  6. Belgian NPPS fit passive autocatalytic recombiners

    International Nuclear Information System (INIS)

    Because hydrogen production during severe accidents can endanger the containment or safety-graded equipment, the Belgian Utility requested Belgatom in 1989 to perform a comparative study between the possible mitigative measures. From the outcome of that study, the Utility decided to install Passive Autorcatalytic Recombiners (PARs) in the seven Belgian units and mandated Belgatom to carry out the project. The author presents the successive steps from the principle decision to the installation on site. A first section is devoted to the sizing of the catalytic surface and its distribution inside the containment. The results of the method are presented for the 5 units equipped before October 96. Besides the functional requirements, the catalyst must also resist to poisoning agents which can be released not only during severe accidents but also during normal operation or shutdown; the relevant qualification criteria are reminded in the second section. Because the installation of the PARs requires also the design of supports, recommendations are drawn to minimize the design effort and the assembling work. At last, the effectiveness of the PARs entirely relies on a catalyst material of which the potential has to be periodically controlled. A section briefly describes the in-service inspection and the related test procedures

  7. BRAMS --- the Belgian RAdio Meteor Stations

    Science.gov (United States)

    Lamy, H.; Ranvier, S.; Martinez Picar, A.; Gamby, E.; Calders, S.; Anciaux, M.; De Keyser, J.

    2014-07-01

    BRAMS is a new radio observing facility developed by the Belgian Institute for Space Aeronomy (BISA) to detect and characterize meteors using forward scattering. It consists of a dedicated beacon located in the south-east of Belgium and in 25 identical receiving stations spread over the Belgian territory. The beacon transmits a pure sinusoidal wave at a frequency of 49.97 MHz with a power of 150 watts. A complete description of the BRAMS network and the data produced will be provided. The main scientific goals of the project are to compute fluxes, retrieve trajectories of individual objects, and determine physical parameters (speed, ionization, mass) for some of the observed meteor echoes. All these goals require a good knowledge of the radiation patterns of the transmitting and receiving antennas. Simulations have been made and will be validated with in-situ measurements using a UAV/drone equipped with a transmitter flying in the far-field region. The results will be provided. Each receiving station generates around 1 GB of data per day with typical numbers of sporadic meteor echoes of 1500--2000. An automatic detection method of these meteor echoes is therefore mandatory but is complicated by spurious echoes mostly due to airplanes. The latest developments of this automatic detection method will be presented and compared to manual counts for validation. Strong and weak points of the method will be presented as well as a possible alternative method using neural networks.

  8. Financing Investment

    DEFF Research Database (Denmark)

    Hirth, Stefan; Flor, Christian Riis

    Intuition suggests that corporate investment should be decreasing in financing constraints. We show that even when financing is obtained using a standard debt contract and there is symmetric information between the firm and outside investors, the relation is actually U-shaped. We thus provide a new...... theoretical explanation for the recent empirical findings of Cleary et al. (2007). We split up the endogenously implied financing costs and propose a trade-off between expected liquidation costs and second-best investment costs. For rather unconstrained firms, the risk of costly liquidation dominates the cost...

  9. Tracking terrorist finances: The SWIFT program and the American Anti-Terrorist Finance Regime

    Directory of Open Access Journals (Sweden)

    David Bruce Bulloch

    2012-02-01

    Full Text Available This article examines the political and legislative history of a formerly classified anti-terrorist finance program initiated in the days after 9/11 that subpoenaed millions of financial records from the Belgian-based Society for Worldwide Interbank Financial Telecommunications (SWIFT without the knowledge of European authorities.  The European outrage in response to its public disclosure in 2006 — and the subsequent struggle to generate support for the continuation of the program — has been interpreted by many as further evidence of a strategic divide concerning American and European efforts to thwart terrorism.  This research will investigate the dramatic changes to the American anti-terrorist finance regime after 9/11, and will demonstrate that the European reluctance to cooperate with this program represents a fundamental disagreement concerning the prioritization of privacy rights rather than an unwillingness to take the steps necessary to combat the financing of terror.

  10. History of the Belgian nuclear power controversy

    International Nuclear Information System (INIS)

    Partly because nuclear energy technology continues to provoke profound controversy, the Flemish institute for technology assessment (viWTA) took the initiative to order a study aimed at mapping out the historical dynamics of the societal debate on nuclear energy. This study was carried out by the Belgian Nuclear Research Centre (SCK-CEN, under the research programme PISA) together with the Free university of Brussels (VUB, research group MEKO) in 2004. In 2007, the report was updated and published by Acco (Leuven) under the title Kernenergie (on)besproken. This study had three main objectives: 1) to discuss the societal debate on nuclear energy in Belgium in relation to major events (Chernobyl, TMI, etc.); 2) to elucidate the role of social actors in the controversy on both a national and international level and 3) to discuss possible alternatives for a better structuring of the debate in the future, building on existing approaches

  11. Exporting Ethnic Divisions? The Political Participation of Belgian Citizens Abroad

    OpenAIRE

    Lafleur, Jean-Michel

    2011-01-01

    The Belgian emigrants’ political participation in home country politics is an issue that has undergone several important developments since the end of the 1990s but has surprisingly been subject to very little research. The absence of the issue of emigration from the Belgian political agenda combined with the limited engagement of this population with the home country thus stands for the absence of research on the topic. The lack of academic interest, in turn, has favoured the development of ...

  12. Dietary habits during adolescence - results of the Belgian Adolux Study

    OpenAIRE

    Paulus, Dominique; Saint-Remy, Annie; JeanJean, Michel

    2001-01-01

    STUDY: To analyse the usual dietary habits of Belgian adolescents from a high cardiovascular risk population. METHODS: A food frequency questionnaire (57 items) was administered to the whole sample. Complementary questions specified some types of food (eg fat content). A subgroup of 234 adolescents gave detailed information on portion size (picture book and food samples). SETTING: Twenty-four secondary schools in the Belgian province of Luxembourg. SUBJECTS: A total of 1,526 adolesce...

  13. Survival Among Belgian Centenarians (1870-1894 Cohorts)

    OpenAIRE

    Liu Yuzhi; Zhang Chunyuan; Foulon, M.; D. Chambre; Poulain, M.

    2001-01-01

    Poulain Michel, Chambre Dany, Foulon Michel.- Survival Among Belgian Centenarians (1870-1894 Cohorts) Calculating the probability of dying among post-centenarians is problematic and often flawed by a high risk of error. This is partly due to the unreliability of statistical data on centenarians, and partly to the small populations concerned. The Belgian centenarian database of over 4,000 centenarians in the 1870 to 1894 birth cohorts used here endeavours to compensate for these two failings. ...

  14. Psychosocial predictors of actual turnover among Belgian health care workers

    OpenAIRE

    Derycke, Hanne; Vlerick, Peter; Clays, Els; D'hoore, William; Braeckman, Lutgart

    2010-01-01

    Background: Turnover of nursing staff is a major challenge for healthcare settings and for healthcare in general, urging the need to improve retention. Aim: The aim was to explore the prospective relations between personal and psychosocial work-related factors and actual turnover among Belgian healthcare workers. Methods: Predictors of actual turnover were assessed using the longitudinal Belgian data from the Nurses Early Exit Study (NEXT). Two self-administered questionnaires with a time...

  15. Conceptual Framework and Recent Trends in Project Financing

    OpenAIRE

    Dr Sunil Kumar,

    2012-01-01

    Project financing is a non-recourse financing which provides leverage, contractual structure, creates a special purpose vehicle and considers the revenue generated by the project not the general assets of the business at the time of financing. Project financingtechnique is prominently used for mines, toll road, pipeline, power station, hospital and other infrastructure projects. Past studies show that the Public-Private-Partnership, Take-out Finance, BondFinance, Securitisation, Viability Gap...

  16. Fuel cycle transition - A Belgian implementation scenario

    International Nuclear Information System (INIS)

    At the end of 2002 the total installed electric power in Belgium was 16,200 MWe of which 40% (6485 MWe) corresponds to the seven nuclear power plants installed on the two Belgian sites of Doel (4 power plants) and Tihange (3 power plants) and the 25% participation in the two French Units B1 and B2 at Chooz at the Belgian-French border. The nuclear installed power in Belgium is 5800 MWe. In 2003, the government decided to phase out the nuclear energy progressively by closing the Belgian NPPs after 40 years of operation. This means that the first generation units (Doel 1, Doel 2 and Tihange 1) will be closed in 2015 and the four other remaining units in 2022-2025. Nevertheless, this phase out is subject to various conditions: the guarantee of energy independence should not be affected and the engagement to respect the Kyoto agreement (reducing the CO2 production by 7.5% in 2010 as compared to the 1990 production). Thus the phase-out decision can be re-opened if the above mentioned conditions are not met. The paper has the following contents: 1. Introduction; 2. Actual fuel cycle; 3. Transition fuel cycle; 4. Calculations; 4.1. PWR modelling; 4.2. ADS modelling; 4.3. Calculation code; 5. Results; 5.1. PWR/EPR; 5.2. ADS; 6. Conclusions. In conclusion it is shown that the evaluated stock pile of waste in Belgium (with no increase of electricity demand) coming from the thermal reactors park is 4380 tons (52 t Pu, 9 t MA, 217 t FP) with phase out (i.e. between 1975, first PWR and 2025, last PWR) and 7825 tons (84 t Pu, 20 t MA, 381 t FP) without phase out (i.e. between 1975, first PWR and 2075, last EPR). According to this study, Belgium should keep all its first generation Pu for the eventual starting of the self burning FR. Indeed, the Pu needed to start the self burning FR is evaluated between 60 t and 90 t (based on 10 t to 15 t per GWe). With an homogeneous core loading, 54% of the MA could be eliminated after 24 years in three 600 MWth industrial ADS (corresponding

  17. Financing Innovation

    OpenAIRE

    Yoo, JaeHoon

    2007-01-01

    More than 24 countries operate separate boards and exchanges aimed at small and medium-size enterprises (SMEs). Equity markets play a critical role in fostering economic productivity by financing innovation. But only a few SME exchanges function properly, providing coveted fresh capital and liquidity. What steps are key to building an efficient exchange to provide risk capital for SMEs? Cr...

  18. Sustainable finance

    NARCIS (Netherlands)

    Boersma-de Jong, Margreet F.

    2012-01-01

    Presentation for Springschool of Strategy, University of Groningen, 10 October 2012. The role of CSR is to stimulate ethical behaviour, and as a result, mutual trust in society. Advantage of CSR for the company and the evolution of CSR. From CSR to Sustainable Finance: how does CSR influence Sustai

  19. Computational Finance

    DEFF Research Database (Denmark)

    Rasmussen, Lykke

    One of the major challenges in todays post-crisis finance environment is calculating the sensitivities of complex products for hedging and risk management. Historically, these derivatives have been determined using bump-and-revalue, but due to the increasing magnitude of these computations does...

  20. Mechanical degradation processes: The Belgian experience

    International Nuclear Information System (INIS)

    Design life is merely used in Belgium as a requirement in the 'Design Specification' of some components subjected to known degradation processes, such as stress induced fatigue, embrittlement (irradiation or other), various types of corrosion, wear, erosion, thermal aging (electrical insulation, ...), etc. Design life is in no way directly related to the duration of the plant operation. In that sense design life for the Belgian NPP components includes the values of 20, 30 and 40 years. The oldest plant (20 years design life) has been decommissioned in 1991. The most recent units (40 years design life) have still a good time to go. The intermediate units (30 years design life) started around 1975. Consequently components of these plants need be looked at to determine whether or not deteriorations have occurred. The paper presents the various known mechanical degradation processes and how they affect various components. Emphasis is laid on prevention, mitigation or repair measures that have been or are being taken to avoid that the 'Equipment design life' be the limiting factor in the duration of the plant operation. (author)

  1. Quality assurance of automatic exposure control devices for digital radiography: Belgian approach

    International Nuclear Information System (INIS)

    Since 2001, an annual quality control of medical X-ray equipment by a medical physics expert (MPE) is obligatory in Belgium. The minimal standards that a system should achieve are defined in the RP91 document. After some years of experience, there was a consensus that the MPE activities would benefit from a more explicit text that would take full account of the challenges of the on-going digitization. A working group of Belgian physicists was formed within the Belgian Hospital Physicists Association to create a more extended and detailed protocol, to harmonize the test procedures among the physicists and to test digital detectors appropriately. The aim of the group was to make sure that image quality and patient dose are well balanced and that the automatic exposure controller functions well for all conditions of beam quality and patient thickness. The most important chapter of the new Belgian protocol concerns the testing of the AEC for digital radiography detectors (DR) and computed radiography plates (CR). These tests are not described in the RP91. Conventional X-ray systems using film radiography have to give similar optical densities. On digital systems, the optical density is fixed by the processing and not at all related to exposure. The approaches to test film-screen can therefore not be applied to digital detectors. The hypothesis of the test procedure is the following: as the image quality of a digital detector is not contrast limited but dose limited, it is the amount of noise in the image which limits the image quality. Therefore, the goal of the AEC calibration should be to keep the SNR constant at all thicknesses and beam qualities. As described by Doyle and Martin, we aim to control the SNR by measuring the exposure indication (EI) or pixel value (PV) of the detector. We report on a practical approach, that has been developed in our team

  2. The economics of pressure relieving surfaces: an illustrative case study of the impact of high-specification surfaces on hospital finances.

    Science.gov (United States)

    Trueman, Paul; Whitehead, Sarah J

    2010-02-01

    Pressure ulcers are associated with a significant economic burden that, in many cases, is recognised as being avoidable. The effectiveness of pressure relieving surfaces is well documented and acknowledged in clinical guidelines on the prevention and management of pressure ulcers. Whilst pressure relieving surfaces are more expensive than traditional hospital mattresses, judicious use, targeted to patients most at risk, can help to reduce the incidence and costs of pressure ulcers in hospital settings. This review paper includes a summary of pivotal clinical evidence on pressure relieving surfaces as well as a suggested approach for modelling their financial impact on hospital budgets. Simple financial modelling suggests that pressure relieving surfaces could lead to financial savings for a hospital when used appropriately. PMID:20409250

  3. Finance versus democracy? Theorizing finance in society

    OpenAIRE

    Sylvia Walby

    2013-01-01

    What should be the place of finance in social theory? What is the relationship between finance and democracy? The article identifies four major frameworks that analyse finance: orthodox, drawing on Adam Smith; political economy, drawing on Marx; heterodox, drawing on Keynes and Minsky; and societal, drawing on Polanyi. These frameworks are critically analysed along five dimensions: the conceptualization of finance; the relations between finance and the economy; the relations between finance a...

  4. Private Power Financing : From Project Finance to Corporate Finance

    OpenAIRE

    Karl G. Jechoutek; Lamech, Ranjit

    1995-01-01

    Project financing of independent power producers (IPPs) may seem the only solution to the intractable problem of getting private credit to the power sector. In the developing world, however, the public-private partnership in project-financed IPP ventures has been slow to produce results. To achieve substantive progress in IPP financing, limited recourse project financing will have to evolv...

  5. Belgian nuclear forum - launching the public debate on nuclear energy

    International Nuclear Information System (INIS)

    In the past decades, public opinion on nuclear power was dominated by a 'sleeping', indifferent majority. Nothing moved until (a minority of) opponents began to stir. Their activism strongly contrasted with the low-profile attitude of the nuclear players and pushed a considerable part of the indifferent majority towards a more negative attitude. A 2007 opinion poll (IFOP) confirmed this trend. The poll also revealed a major lack of objective and factual information. Incorrect and incomplete arguments tended to demonize nuclear energy, and 'nuclear' became a brand polarizing public opinion. This had a negative impact on decision-makers and culminated in the Belgian phase-out law of 2003. Based on the opinion poll, the members of the Belgian Nuclear Forum decided to launch a public information campaign, which they would jointly finance, with these goals: - In 3 to 4 years time, create greater public awareness on energy matters and move public opinion towards a more positive attitude. - Gain recognition of nuclear energy's legitimate place in the mix, and of the importance of peaceful nuclear applications. - Attract attention to the Belgian know-how and the importance of the industry on the scientific and economical level. - Optimize conditions for important nuclear issues such as long-term operation of NPPs, new nuclear research projects (MYRRHA),.. A 'push-pull' approach was adopted: push communication to the public (campaign) to pull (involve) decision-makers and get nuclear back on the political agenda. The Forum also opted for a sustained, long-term effort based on public campaigning, public relations and public affairs. Considering its long-time absence from the public debate, the Forum and its agency Saatchi and Saatchi agreed upon the following principles to underpin the campaign: - No 'pro-campaign'; that would be highly unrealistic and have a negative effect; - No taboos: bring up both the pros and cons; - No emotions: bring reason into a mainly emotional

  6. Belgian nuclear forum - launching the public debate on nuclear energy

    Energy Technology Data Exchange (ETDEWEB)

    Leclere, Robert [Belgian Nuclear Forum, Gulledelle, 1200 Brussels (Belgium); Van Landeghem, Yves [Saatchi and Saatchi Belgium, Avenue Rogier, 1030 Brussels (Belgium)

    2010-07-01

    In the past decades, public opinion on nuclear power was dominated by a 'sleeping', indifferent majority. Nothing moved until (a minority of) opponents began to stir. Their activism strongly contrasted with the low-profile attitude of the nuclear players and pushed a considerable part of the indifferent majority towards a more negative attitude. A 2007 opinion poll (IFOP) confirmed this trend. The poll also revealed a major lack of objective and factual information. Incorrect and incomplete arguments tended to demonize nuclear energy, and 'nuclear' became a brand polarizing public opinion. This had a negative impact on decision-makers and culminated in the Belgian phase-out law of 2003. Based on the opinion poll, the members of the Belgian Nuclear Forum decided to launch a public information campaign, which they would jointly finance, with these goals: - In 3 to 4 years time, create greater public awareness on energy matters and move public opinion towards a more positive attitude. - Gain recognition of nuclear energy's legitimate place in the mix, and of the importance of peaceful nuclear applications. - Attract attention to the Belgian know-how and the importance of the industry on the scientific and economical level. - Optimize conditions for important nuclear issues such as long-term operation of NPPs, new nuclear research projects (MYRRHA),.. A 'push-pull' approach was adopted: push communication to the public (campaign) to pull (involve) decision-makers and get nuclear back on the political agenda. The Forum also opted for a sustained, long-term effort based on public campaigning, public relations and public affairs. Considering its long-time absence from the public debate, the Forum and its agency Saatchi and Saatchi agreed upon the following principles to underpin the campaign: - No 'pro-campaign'; that would be highly unrealistic and have a negative effect; - No taboos: bring up both the pros and cons; - No

  7. Household Finance

    OpenAIRE

    Campbell, John

    2006-01-01

    The welfare benefits of financial markets depend in large part on how effectively households use these markets. The study of household finance is challenging because household behavior is difficult to measure accurately, and because households face constraints that are not captured by textbook models, including fixed costs, uninsurable income risk, borrowing constraints, and contracts that are non-neutral with respect to inflation. Evidence on participation, diversification, and the exercise ...

  8. Sustainable finance

    OpenAIRE

    Boersma-de Jong, Margreet F.

    2012-01-01

    Presentation for Springschool of Strategy, University of Groningen, 10 October 2012. The role of CSR is to stimulate ethical behaviour, and as a result, mutual trust in society. Advantage of CSR for the company and the evolution of CSR. From CSR to Sustainable Finance: how does CSR influence Sustainable Business Administration & Management Accounting, Financial Leadership and what is the importance of CSR in the financial sector

  9. Different compositions of pharmaceuticals in Dutch and Belgian rivers explained by consumption patterns and treatment efficiency

    NARCIS (Netherlands)

    Laak, ter T.L.; Kooij, P.J.F.; Tolkamp, H.; Hofman, J.

    2014-01-01

    In the current study, 43 pharmaceuticals and 18 transformation products were studied in the river Meuse at the Belgian-Dutch border and four tributaries of the river Meuse in the southern part of the Netherlands. The tributaries originate from Belgian, Dutch and mixed Dutch and Belgian catchments. I

  10. The Resilience Scale for Adults: Construct Validity and Measurement in a Belgian Sample

    Science.gov (United States)

    Hjemdal, Odin; Friborg, Oddgeir; Braun, Stephanie; Kempenaers, Chantal; Linkowski, Paul; Fossion, Pierre

    2011-01-01

    The Resilience Scale for Adults (RSA) was developed and has been extensively validated in Norwegian samples. The purpose of this study was to explore the construct validity of the Resilience Scale for Adults in a French-speaking Belgian sample and test measurement invariance between the Belgian and a Norwegian sample. A Belgian student sample (N =…

  11. The Belgian laboratory for standard dosimetry calibrations used in radiotherapy

    International Nuclear Information System (INIS)

    Starting from the end of the year 2008, the RDC (Radiation Protection dosimetry and Calibrations) expertise group of SCK CEN took over the calibration and research activities at the Laboratory for Standard Dosimetry Ghent. The laboratory runs under a collaboration between SCK CEN and the University of Ghent, with the support of Federal Agency for Nuclear Control (FANC). The calibrations in Ghent were stopped at the beginning of 2008 and then restarted at the end of 2008. A new 60Co source was installed at Ghent, a Theratron 780 unit. All the calibration setups installed in the past to the old 60Co source had to move to the new source and measurement history had to be acquired. The calibration of cylindrical and plane-parallel ionization chambers in terms of absorbed dose to water was defined as the first priority, since there was an urgent need from the Belgian hospitals. These calibrations are presently done in Ghent as secondary standard calibrations, traceable to the water calorimeter of VSL, Delft, The Netherlands and following the recommendations from TRS-398 protocol. The second priority was restarting the calibrations of cylindrical ionization chambers in terms of air kerma. A cylindrical graphite ionization chamber of type CC01 is used for the absolute measurement of air kerma. Both setups are fully operational. Special efforts were done to implement the SCK CEN quality assurance (QA) system regarding ISO 17025 accreditation. The activity at the laboratory in Ghent was integrated as part of the Laboratory for Nuclear Calibrations (LNK-from the Dutch translation) of the SCK-CEN. Most of the activities of the LNK are already accredited by Belgian Accreditation Body (BELAC) with respect to the ISO-17025 standards. The quality assurance procedures were prepared and are routinely followed for the two new setups mentioned above: calibrations in terms of absorbed dose to water and air kerma in 60Co beam. During the preparation of the quality assurance procedures

  12. Coastal flooding risk calculations for the Belgian coast

    OpenAIRE

    Verwaest, T.; Van der Biest, K.; Vanpoucke, Ph.; Reyns, J.; Vanderkimpen, P.; de Vos, L.; De Rouck, J.; Mertens, T.

    2009-01-01

    Coastal flooding risk calculations are carried out for the entire Belgian coastal zone to support the management ofthe coastal defence system. The floodprone low-lying coastal area has an average width of 20 km and is locatedon average 2 m below the surge level of an annual storm. The natural sea defences are sandy beaches anddunes, which have been strengthened by revetments in the coastal towns. The Belgian standard of coastalprotection is to be safe against a surge level with a return perio...

  13. Social security financing.

    Science.gov (United States)

    1980-05-01

    After nearly 2 years of study, the 1979 Advisory Council on Social Security submitted its findings and recommendations in December. In February the Bulletin published the Executive Summary of the Council's report. Because of the continuing wide public interest in the future of social security financing, the Council's detailed findings and recommendations on that subject are published below. The Council unanimously reports that all current and future beneficiaries can count on receiving the payments to which they are entitled. Among the recommendations it calls for are partial financing with nonpayroll-tax revenues. Suggested changes include hospital insurance (HI) financed through portins of personal and corporate income taxes and a part of the HI insurance payroll tax diverted to cash benefits with the balance of this tax repealed. The Council also recommends that the social security cash benefits program be brought into long-run actuarial balance--with a payroll-tax rate increase in the year 2005. It rejects the idea of a value-added tax as being inflationary. Parenthetical remarks represent additional views of the Council members cited. PMID:7423348

  14. 医院财务在餐饮管理中的作用探讨%Discussion on the Role of Hospital Finance in Food and Beverage Management

    Institute of Scientific and Technical Information of China (English)

    张彦荣

    2012-01-01

    食品安全是当代社会重大问题之一,而作为卫生系统中重要部门的医院系统,在其食堂餐饮管理方面必然要有着更高的要求.而把握住财务管理环节,可以说对医院系统中餐饮环节的安全管理起到防范作用.本文重点探讨这一内容.%Food safety is one of the major issues of contemporary society, as an important sector of the health system, hospital system has higher requirements in food and beverage management of canteen. Grasping the link of financial management can play preventive role of safety management of food and beverage in hospital system.

  15. Validation of the IMMIDIET food frequency questionnaire in an adult Belgian population: a report from the Belgian case-control study on bladder cancer risk.

    Science.gov (United States)

    Brinkman, M T; Kellen, E; Zeegers, M P; van Dongen, M C J M S; Dagnelie, P C; Muls, E; Buntinx, F

    2011-01-01

    We evaluated the performance of the IMMIDIET food frequency questionnaire (FFQ) used to collect dietary data for the Belgian case-control study on bladder cancer. Thirty-seven men and women aged 50 years and older were recruited from the University Hospital in Leuven, Belgium. Participants completed the IMMIDIET FFQ, a 7-day diet diary and a 24-hour diet recall. Median intakes and inter-quartile ranges were calculated for 27 foods and nutrients from each dietary assessment method. All dietary factors were log-transformed and adjusted for energy using the nutrient density method. Pearson correlation coefficients were used to compare the different dietary assessment methods. Bland-Altman plots were also used to assess levels of agreement between the dietary methods. Energy, fruit and vegetable intake estimates were higher from the IMMIDIET FFQ compared with the two reference methods.The highest deattenuated correlations between the FFQ and 7-day diary were meat (0.58), bread (0.44), fruit (0.38) and fish (0.38). The highest deattenuated correlations between the FFQ and 24-hour recall were for fruit (0.72), fat (0.48), alcohol (0.44), cholesterol (0.42), monounsaturated fatty acid (0.42) and polyunsaturated fatty acid (0.41). Generally, correlation was lower for the micro-nutrients except for phosphorus (0.42), vitamin C (0.41) and calcium (0.40). The IMMIDIET FFQ is an appropriate instrument to measure usual dietary intake for the Belgian case-control study on bladder cancer risk. Further investigation of nutritional assessment methods is necessary. PMID:21485759

  16. Would you care for some integrated care in your fragmented health system? A participatory action research to improve integration between levels of care in a Belgian urban setting.

    OpenAIRE

    Belche, Jean; Duchesnes, Christiane; Darras, Christian; Van der Vennet, Jean; Monet, Francis; Unger, Jean-Pierre; Giet, Didier

    2016-01-01

    Integration between levels of care is not facilitated by the Belgian health system. Indeed, patients have uninhibited access to every level of care, there is no gatekeeping system, and no structural coordination between levels of care. Meanwhile, on one hand, the occurrence of more complex care situations in the ambulatory setting is enhancing the need for coordination while on the other hand, hospitals face financial constraints to provide care in the community. The aim of the research ...

  17. EC initiatives promise mixed blessings: a Belgian utility perspective

    International Nuclear Information System (INIS)

    The potential effects on nuclear power of European Community initiatives are analysed from the viewpoint of a Belgian utility. The initiatives fall under the three broad headings of: East-West co-operation; completing the internal market; and carbon dioxide emission. (Author)

  18. Belgian support programme to the IAEA for safeguards implementation

    International Nuclear Information System (INIS)

    The objective of the Belgian Support Programme (BEL SP) is to contribute to the optimization of safeguards measures in accordance with INFCIRC/153 type agreements. This optimization has to take into account cost and effectiveness for the Agency, for the State System of Accounting and Control, for the plant operator and for EURATOM, which is considered an inherent partner. The Belgian support programme has undertaken a series of tasks covering the following domains: Non-destructive Measurement Technology (high resolution gamma spectroscopy, neutron measurements on powders, pins, assemblies and waste, test of Phonid, calorimetry on Pu samples, input tank calibration in a reprocessing plant, combined neutron and gamma measurements on irradiated fuel assemblies, allowing the estimation of burnup, plutonium content and cooling time, measurements of coincidence neutrons from fresh MOX fuel assemblies stored under water), System Studies, Analytical Measurements, Containment and surveillance, Training. Numerous field tests in Belgian in Belgian installations have led to a valuable contribution to the Support Programme to the IAEA, either on an individual basis or through a collaboration effort. In the past, the choice of tasks was based mainly on the availability of nuclear facilities; currently, the trend has shifted to technical contributions, system studies, possibly in a joint effort with other programmes. This approach follows the trend of on-going internationalisation of R and D

  19. The Dutch-Belgian beamline at the ESRF.

    Science.gov (United States)

    Borsboom, M; Bras, W; Cerjak, I; Detollenaere, D; Glastra Van Loon, D; Goedtkindt, P; Konijnenburg, M; Lassing, P; Levine, Y K; Munneke, B; Oversluizen, M; Van Tol, R; Vlieg, E

    1998-05-01

    A brief description is given of the design principles and layout of the Dutch-Belgian beamline at the ESRF. This beamline optimizes the use of the available bending-magnet radiation fan by splitting the beam into two branches, each accommodating two experimental techniques. PMID:15263564

  20. Continuing Vocational Training in Belgian Companies: An Upward Tendency

    Science.gov (United States)

    Buyens, Dirk; Wouters, Karen

    2005-01-01

    Purpose: As part of the European continuing vocational training survey, this paper aims to give an overview of the evolutions in continuing vocational training (CVT) in Belgian companies, by comparing both the results of the survey of 1994 and those of 2000/2001. Design/methodology/approach: In Belgium 1,129 companies took part in the survey of…

  1. The attitudes of Belgian adolescents towards peers with disabilities

    NARCIS (Netherlands)

    Bossaert, Goele; Colpin, Hilde; Pijl, Sip Jan; Petry, Katja

    2011-01-01

    This study aimed to explore Belgian adolescents' attitudes towards peers with disabilities and to explore factors associated with these attitudes. Based on the theory of persuasive communication, this study focused on receiver variables (the "whom"), characteristics of students with disabilities ("c

  2. Open Access to the Belgian Nuclear higher Education Network

    International Nuclear Information System (INIS)

    Under the name of the Belgian Nuclear higher Education Network, five Belgian universities, Universite Catholique de Louvain, Universiteit Gent, Universite de Liege, Vrije Universiteit Brussel have established in 2002, in collaboration with the Belgian Nuclear Research Centre SCK-CEN, a common Belgian Interuniversity Programme of the third cycle leading to the academic degree of Master of Science in Nuclear Engineering. Under the lead of the SCK-CEN a project to use and share the acquired experience of the Consortium BNEN - in order to support the realization of a common European Education Programme in Nuclear Engineering - has been accepted by the European Commission for funding under the EU's Sixth Research Framework Programme.The project wants to contribute actively to the development of a more harmonised approach for education in nuclear sciences and engineering in Europe. It brings the European higher Education Area closer to realization and helps to safeguard the necessary competence and expertise for the continued safe use of nuclear energy and other uses of radiation in industry and medicine in Europe. The project foresees input and participation from stakeholders from different countries of the enlarged European Union (EU-25) and will therefore contribute to the integration of the new member states into the European Research Area and thus to the enlargement of Europe. The set-up of the project foresees an active role for female experts with the intention to reinforce the place and role of women in science

  3. Do-not-resuscitate decisions in a large tertiary hospital: differences between specialties and results of a hospital-wide intervention

    OpenAIRE

    Piers, Ruth; Benoit, Dominique; Schrauwen, Wim; Van Den Noortgate, Nele

    2011-01-01

    Background: Despite the advent of palliative care, the quality of dying in the hospital remains poor. Differences in quality of end-of-life practice between hospital wards are well known in clinical practice but rarely have been investigated. Methods: A prospective observation of do-not-resuscitate (DNR) decisions was conducted in patients dying in a Belgian university hospital before (115 patients) and after (113 patients) a hospital-wide intervention consisting in informing hospital staff o...

  4. Exploring Pupils' Perceptions of Teacher Racism in Their Context: A Case Study of Turkish and Belgian Vocational Education Pupils in a Belgian School

    Science.gov (United States)

    Stevens, Peter A. J.

    2008-01-01

    This article employs ethnographic data gathered from one Belgian (Flemish) secondary school to explore the meaning Belgian and Turkish-speaking minority pupils enrolled in technical and vocational education attach to teacher racism and racial discrimination, and to explore variations between pupils in making claims of teacher racism. A symbolic…

  5. Taxes do Affect Corporate Financing Decisions: The Case of Belgian ACE

    OpenAIRE

    Princen, Savina

    2012-01-01

    In this paper, I use difference-in-differences regressions to measure how the debt tax shield affects the capital structure of a company. By comparing the financial leverage of treatment and control companies before and after the introduction of an equity tax shield, I infer the impact of the tax discrimination between debt and equity. Consistent with the theoretical prediction, the estimated results show that the introduction of an equity tax shield has a significant negative effect on the f...

  6. The Mandate System for the Belgian Public Prosecution

    Directory of Open Access Journals (Sweden)

    Bruno BROUCKER

    2009-12-01

    Full Text Available The law of 22 December 1998 introduced the mandate system for the heads of the Public Prosecution offices, which were appointed permanent before that. Theoretically, such a system needs to enhance, within the organization, effectiveness, efficiency, responsabilisation, and goal-orientation. However, the mandate system within the Belgian Public Prosecution was introduced prematurely, for dubious reasons and in a precipitate manner. In the current situation, the position of the mandate holder is uncertain, with a bounded autonomy and a low wage increase. Moreover, it remains impossible to intervene in the policy of appointed heads of office (during their mandate, the efficiency and effectiveness is only increased in some prosecution offices and a contract containing actual management responsibilities is absent. In sum: there is a large gap between the theoretical principles of mandate systems and the way it is introduced in the Belgian Public Prosecution.

  7. Management and Program Effectiveness in Belgian Sports Clubs

    OpenAIRE

    A. BALDUCK; M. BUELENS; Maes, M.

    2009-01-01

    This study investigated management and program effectiveness using the competing values approach as theoretical framework. The sample consisted of 823 board and sports members of Belgian sports clubs. Two scales were developed. Factor analysis revealed 12 management and 9 program effectiveness dimensions. Reliability scores were acceptable. Results showed that both board and sports members rated the dimension atmosphere at management and program level as the most effective factor in sports cl...

  8. Characteristics and challenges of the modern Belgian veal industry

    OpenAIRE

    Pardon, Bart; CATRY, Boudewijn; Boone, Randy; Theys, Hubert; De Bleecker, Koen; Dewulf, Jeroen; Deprez, Piet

    2014-01-01

    In this paper, the modern Belgian veal industry is situated in a European context, and an overview is provided of the major past, present and future challenges for veal production. The production of white veal requires a specific diet and housing conditions to assure a controlled iron anemic state resulting in pale carcasses. In response to the increasing public concern about animal welfare, legal limits for hemoglobin (in 1990), the provision of a minimum quality of solid feed to assure rumi...

  9. A survey of bacteria found in Belgian dairy farm products

    OpenAIRE

    N'Guessan, E.; Godrie, T.; de Laubier, J.; di Tanna, S.; Ringuet, M.; Sindic, M.

    2015-01-01

    Description of the subject. Due to the potential hazards caused by pathogenic bacteria, farm dairy production remains a challenge from the point of view of food safety. As part of a public program to support farm diversification and short food supply chains, farm dairy product samples including yogurt, ice cream, raw-milk butter and cheese samples were collected from 318 Walloon farm producers between 2006 and 2014. Objectives. Investigation of the microbiological quality of the Belgian dairy...

  10. A Belgian traveler who acquired yellow fever in The Gambia

    OpenAIRE

    Colebunders, R; Mariage, J. L.; Coche, J. C.; Pirenne, B; Kempinaire, S.; Hantson, P.; Gompel, A; Niedrig, M; Van Esbroeck, M.; Bailey, R; Drosten, C.; Schmitz, H

    2002-01-01

    A 47-year-old Belgian woman acquired yellow fever during a 1-week vacation in The Gambia; she had never been vaccinated against yellow fever. She died of massive gastrointestinal bleeding 7 days after the onset of the first symptoms. This dramatic case demonstrates that it is important for persons to be vaccinated against yellow fever before they travel to countries where yellow fever is endemic, even if the country, like The Gambia, does not require travelers to be vaccinated.

  11. Auditor Choice in the Belgian Nonprofit Sector: a Behavioral Perspective

    OpenAIRE

    REHEUL, Anne-Mie; Van Caneghem, Tom; Verbruggen, Sandra

    2011-01-01

    This study investigates auditor choice in Belgian nonprofit organizations from a behavioral perspective. We investigate whether auditor choice in favor of an auditor with a high (versus low) level of sector specialization is associated with the importance that nonprofit organizations attach to six auditor attributes: competence/integrity/deontology, working relationship with management, audit fee, practical execution of the audit, client oriented analysis and suggestions, and sector expertise...

  12. Dietary Intake of Artificial Sweeteners by the Belgian Population

    OpenAIRE

    Huvaere, Kevin; Vandevijvere, Stefanie Marie; Hasni, Moez; Vinkx, Christine; Van Loco, Joris

    2011-01-01

    Abstract In this study it was investigated whether the Belgian population older than 15 years was at risk of exceeding ADI levels of acesulfame-K, saccharin, cyclamate, aspartame, and sucralose through assessment of usual dietary intake of artificial sweeteners and specific consumption of table-top sweeteners. The conservative Tier 2 approach, for which an extensive label survey was performed, showed that mean usual intake was significantly lower than the respective ADIs for all sw...

  13. The Attitudes of Belgian Adolescents towards Peers with Disabilities

    OpenAIRE

    Bossaert, Goele; Colpin, Hilde; Pijl, Sip Jan; Petry, Katja

    2011-01-01

    This study aimed to explore Belgian adolescents' attitudes towards peers with disabilities and to explore factors associated with these attitudes. Based on the theory of persuasive communication, this study focused on receiver variables (the "whom"), characteristics of students with disabilities ("concerning who") and channel ("how"). An online survey was created and published on several popular websites for youngsters. Attitudes were assessed by means of the CATCH questionnair...

  14. Assessment of marine debris on the Belgian Continental Shelf

    OpenAIRE

    Van Cauwenberghe, L.; Claessens, M.; Vandegehuchte, M.B.; Mees, J.; Janssen, C. R.

    2013-01-01

    A comprehensive assessment of marine litter in three environmental compartments of Belgian coastal waters was performed. Abundance, weight and composition of marine debris, including microplastics, was assessed by performing beach, sea surface and seafloor monitoring campaigns during two consecutive years. Plastic items were the dominant type of macrodebris recorded: over 95% of debris present in the three sampled marine compartments were plastic. In general, concentrations of macrodebris wer...

  15. A survey of bacteria found in Belgian dairy farm products

    OpenAIRE

    N'Guessan, Elise; Godrie, Thérèse; De Laubier, Juliette; Ringuet, Mélanie; Sindic, Marianne

    2015-01-01

    Description of the subject. Due to the potential hazards caused by pathogenic bacteria, farm dairy production remains a challenge from the point of view of food safety. As part of a public program to support farm diversification and short food supply chains, farm dairy product samples including yogurt, ice cream, raw-milk butter and cheese samples were collected from 318 Walloon farm producers between 2006 and 2014. Objectives. Investigation of the microbiological quality of the Belgian da...

  16. Sustainable groundwater extraction in coastal areas: a Belgian example

    OpenAIRE

    Vandenbohede, A.; Van Houtte, E.; Lebbe, L.

    2009-01-01

    Water extractions in coastal areas have to deal with salt water intrusion and lowering of hydraulic heads in valuable ecosystems. Therefore, sustainable management of fresh water resources in these areas is crucial. This is illustrated here with two water extractions in the western Belgian coastal plain which extract groundwater from a phreatic dune aquifer. One water extraction faced problems with salt water intrusion, while lowering of hydraulic heads was an issue for both. To remedy the sa...

  17. Public Education Finances: 2010

    Science.gov (United States)

    Dixon, Mark

    2012-01-01

    The U.S. Census Bureau conducts a Census of Government Finances and an Annual Survey of Government Finances as authorized by law under Title 13, U.S. Code, Sections 161 and 182. The Census of Government Finances has been conducted every 5 years since 1957, while the Annual Survey of Government Finances has been conducted annually since 1977 in…

  18. Public Education Finances, 2009

    Science.gov (United States)

    US Census Bureau, 2011

    2011-01-01

    The U.S. Census Bureau conducts a Census of Government Finances and an Annual Survey of Government Finances as authorized by law under Title 13, U.S. Code, Sections 161 and 182. The Census of Government Finances has been conducted every 5 years since 1957, while the Annual Survey of Government Finances has been conducted annually since 1977 in…

  19. Crisis behind the figures? Belgian trade unions between strength, paralysis and revitalisation

    OpenAIRE

    Faniel, Jean

    2012-01-01

    Unlike most of the trade unions in European countries, Belgian unions managed to preserve a high and stable union density, and strong institutional positions. However, their situation is not blissful and the condition of both the workforce and the unions has been worsening for three decades. This article looks at the strengths and weaknesses of Belgian unions and presents four initiatives of union revitalisation recently developed. The argument is that Belgian unions do not fully size the sco...

  20. Planning and implementation of the Belgian nuclear programme

    International Nuclear Information System (INIS)

    In the first part of the paper, the authors recall Belgian conditions, initially as regards primary energy (high degree of energy consumption and high degree of dependence on other countries), and then as regards electricity (divided up according to energy sources and types of producer). In the second part, the method used in Belgium for planning electrical power production is explained. Particular emphasis is placed on both the economic and technical assumptions made (trends in fuel costs, method of calculating investment costs, etc.). The development required, for the period 1982-92, of the means of production is stated in the light of the assumptions made. Fuel cycle planning (front and back ends) is also described with a review of the principal stages, namely supply of natural uranium, enrichment, reprocessing, treatment of irradiated fuel, and geological storage of wastes. The third and last part of the paper looks back at events in the implementation of the Belgian nuclear programme in chronological order. The beginnings of nuclear development in Belgium are recalled, as is the decision to construct the first three units (Doel 1, Doel 2 and Tihange 1), which were completed and put into service in 1975. The programme now under way is also briefly described, together with the characteristics of Belgian power stations, especially those concerned with safety. In conclusion, the paper outlines the main advantages of the nuclear option for a country as vulnerable where energy is concerned, as Belgium. (author)

  1. "Money in Finance"

    OpenAIRE

    Wray, L. Randall

    2011-01-01

    This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of financing spending. We next examine the role played by financial institutions (e.g., banks) in the provision of finance. The role of government as both regulator of private institutions and provider of finance is also discussed, and related topics such as liquidity and saving are explored. We conclude with a look at some of the new innovations in finance, and at the global financial...

  2. Information technology financing options.

    Science.gov (United States)

    Rai, D

    1996-01-01

    Healthcare executives facing the challenges of delivering quality care and controlling costs must consider the role information technology systems can play in meeting those challenges. To make the best use of information system expenditures, organizations must carefully plan how to finance system acquisitions. Some options that should be considered are paying cash, financing, financing "soft" costs, leasing, credit warehousing and early acceptance financing, and tax-exempt and conduit financing. PMID:10154097

  3. Conceptual Framework and Recent Trends in Project Financing

    Directory of Open Access Journals (Sweden)

    Dr. Sunil Kumar

    2012-06-01

    Full Text Available Project financing is a non-recourse financing which provides leverage, contractual structure, creates a special purpose vehicle and considers the revenue generated by the project not the general assets of the business at the time of financing. Project financingtechnique is prominently used for mines, toll road, pipeline, power station, hospital and other infrastructure projects. Past studies show that the Public-Private-Partnership, Take-out Finance, BondFinance, Securitisation, Viability Gap Funding, and Infrastructure SPV are the prominent project finance structures being used now a day. The foremost advantage of project financing is that it is a nonrecourse financing which results in high leverage for the firms. It also helps in distributing the risk and provides efficient returns in comparison to conventional financing techniques. The shortcoming of project financing is that it is a time consumingprocess which is relatively expensive. Also, the transactions of project financing are very complex in comparison to traditional corporate financing. With the impact of privatization, deregulation and spread of globalisation project finance has emerged as a keyfinancing technique throughout the world. A year wise analysis of the project finance investment shows that in the year 2004 project finance investment rose by 466.59% over 1994. Region-wise analysis ofproject financing in the world shows that Western Europe and North America contributed nearly 53% of the total investments in the year 2000 but it was reduced to 36% only by the year 2004. Sector-wiseanalysis shows that Power sector accounted for maximum project finance followed by Infrastructure, Oil & Gas, Petrochemicals and Telecom etc. The study further reveals that project finance is catching up steadily in India because of emphasis given toinfrastructure given to infrastructure by the government. At present nearly 300 PPP projects are going on in the country.

  4. Medicare financing and redistribution in british columbia, 1992 and 2002.

    Science.gov (United States)

    McGrail, Kimberlyn

    2007-05-01

    Equity in healthcare in British Columbia is defined as the provision of services based on need rather than ability to pay and a separation of contributions to financing from the use of services. Physician and hospital services in Canada are financed mainly through general tax revenues, and there is a perception that this financing is progressive. This paper uses Gini coefficients, concentration indexes and Kakwani indexes of progressivity to assess the progressivity of medicare financing in British Columbia in 1992 and 2002. It also measures the overall redistributive effect of medicare services, considering both contributions to financing and use of hospital and physician services. The conclusion is that medicare does redistribute across income groups, but this redistribution is the result solely of the positive correlation between health status and income; financing is nearly proportionate across income groups, but use is higher among lower-income groups. Informed public debate requires a better understanding of these concepts of equity. PMID:19305738

  5. The Influence of the 1974 Oil Crisis on Sectoral Growth Rates in the Belgian Economy

    OpenAIRE

    F.BOSSIER; D. DUWEIN

    1981-01-01

    This paper briefly presents and analyses the behaviour of the different sectors of the Belgian economy during the period 1965-1978. Special attention is paid to the influence of the 1974 oil crisis on sectors of the Belgian economy. It is shown that the 1974 shock had different consequences according to the energy components of the sector

  6. Financing working capital

    OpenAIRE

    Vasile Popengă; Mirela Popescu

    2002-01-01

    The paper presents some particularities regarding the following aspects: what is working capital; shows alternative net working capital financing strategies, ranging from the most to least risky; also some sources of short-term finance

  7. Statistics for Finance

    DEFF Research Database (Denmark)

    Lindström, Erik; Madsen, Henrik; Nielsen, Jan Nygaard

    Statistics for Finance develops students’ professional skills in statistics with applications in finance. Developed from the authors’ courses at the Technical University of Denmark and Lund University, the text bridges the gap between classical, rigorous treatments of financial mathematics...

  8. Operating experience with diesel generators in Belgian nuclear power plants

    International Nuclear Information System (INIS)

    Various problems have occurred on the diesel generators in the Belgian nuclear power plants, independently of the D.G. manufacturer or from the operating crew. Furthermore no individual part of the D.G. can be incriminated as being the main cause of the incidents. The incidents reported in this paper are chosen because of the importance for the safety or for the long repair period. The unavailability of a D.G. can only be detected by periodic tests and controls. Combined with a good preventive maintenance, the risks of incidents can be reduced. (author)

  9. Internal capital market efficiency of Belgian holding companies

    OpenAIRE

    Gautier, Axel; Malika HAMADI

    2004-01-01

    In this paper, we raise the following two questions. (1) Do Belgian holding companies operate an internal capital market to transfer financial resources amongst their subsidiaries? And if yes, (2) is the internal capital market efficient? To answer the first question, we check if group cash flow is a determinant of the group members investment spending. The answer is positive if the holding company’s subsidiary is affiliated to a coordination center and negative otherwise. To ans...

  10. Migration and americanisation: The special case of Belgian economics.

    OpenAIRE

    Maes, Ivo; Buyst, Erik

    2005-01-01

    One of the distinguishing features of Belgian economics is that, from the early 1920s, so many of Belgium's best economists pursued postgraduate studies at top American universities, a case of ‘temporary’ migration. This was made possible by the fellowships granted by the Commission for Relief in Belgium, a legacy of the First World War. After a stay in the US of a few years, most returned to Belgium. However, they maintained strong links with the US. Also, they tried to recreate in Belgium t...

  11. Islamic finance in Europe

    OpenAIRE

    2013-01-01

    Islamic finance is based on ethical principles in line with Islamic religious law. Despite its low share of the global financial market, Islamic finance has been one of this sector’s fastest growing components over the last decades and has gained further momentum in the wake of the financial crisis. The paper examines the development of and possible prospects for Islamic finance, with a special focus on Europe. It compares Islamic and conventional finance, particularly as concerns risks assoc...

  12. Does Finance Benefit Society?

    OpenAIRE

    Luigi Zingales

    2015-01-01

    Academics' view of the benefits of finance vastly exceeds societal perception. This dissonance is at least partly explained by an under-appreciation by academia of how, without proper rules, finance can easily degenerate into a rent-seeking activity. I outline what finance academics can do, from a research point of view and from an educational point of view, to promote good finance and minimize the bad.

  13. Caring finance practices

    OpenAIRE

    Staveren, Irene

    2013-01-01

    textabstractThe 2008 financial crisis has demonstrated the failure of both utilitarian and deontological ethics in finance. Alternatives do not need to be created from nothing, because the crisis itself has stimulated the emergence of ethically sound finance practices from within the sector. This article presents two cases of such alternatives, which can be understood as caring finance. Caring finance is built around more personal relationships, responsibility, and risk reduction. The example...

  14. Financing petroleum agreements

    International Nuclear Information System (INIS)

    This chapter describes the typical type of financing agreements which are currently used to finance North Sea petroleum projects whether they are in the cause of development or have been developed and are producing. It deals with the agreements which are entered into to finance borrowings for petroleum projects on a non-resource or limited resource basis. (UK)

  15. Guinea School Finance

    OpenAIRE

    World Bank Group

    2013-01-01

    Systems approach for better education results (SABER) school finance collects, analyzes, synthesizes, and disseminates comprehensive information on school finance policies in primary and secondary education across a range of different education systems. The goal is to enable policymakers to learn about how other countries address the same policy challenges related to school finance and thu...

  16. Private finance initiative. Well-laid plans.

    Science.gov (United States)

    Player, S; Godden, S; Pollock, A

    1999-11-01

    Private finance schemes in primary care will not be subject to the controls required in hospital programmes. Insurance companies are interested in partnerships with primary care in order to influence NHS spending as services are increasingly contracted out. This state of affairs could lead to the introduction of US-style managed care with a loss of equity for patients. PMID:10662167

  17. Mezzanine finance and corporate bonds

    OpenAIRE

    Libena TETREVOVA

    2009-01-01

    The article deals with the problems of mezzanine finance in relation to corporate bonds. Firstly, attention is paid to definition of mezzanine finance. The term mezzanine finance is used as a term for hybrid forms of financing that combine elements of debt and equity financing. Mezzanine finance represents an alternative form of financing corporate activities. Secondly, possible forms of mezzanine finance are characterized. We can say that special types of corporate bonds (convertible bonds a...

  18. Pyrrolizidine alkaloids in food and feed on the Belgian market.

    Science.gov (United States)

    Huybrechts, Bart; Callebaut, Alfons

    2015-01-01

    Pyrrolizidine alkaloids (PAs) are widely distributed plant toxins with species dependent hepatotoxic, carcinogenic, genotoxic and pneumotoxic risks. In a recent European Food Safety Authority (EFSA) opinion, only two data sets from one European country were received for honey, while one feed data set was included. No data are available for food or feed samples from the Belgian market. We developed an LC-MS/MS method, which allowed the detection and quantification of 16 PAs in a broad range of matrices in the sub ng g(-1) range. The method was validated in milk, honey and hay and applied to honey, tea (Camellia sinensis), scented tea, herbal tea, milk and feed samples bought on the Belgian market. The results confirmed that tea, scented tea, herbal tea and honey are important food sources of pyrrolizidine alkaloid contamination in Belgium. Furthermore, we detected PAs in 4 of 63 commercial milk samples. A high incidence rate of PAs in lucerne (alfalfa)-based horse feed and in rabbit feed was detected, while bird feed samples were less contaminated. We report for the first time the presence of monocrotaline, intermedine, lycopsamine, heliotrine and echimidine in cat food. PMID:26373269

  19. The attitudes of Belgian adolescents towards peers with disabilities.

    Science.gov (United States)

    Bossaert, Goele; Colpin, Hilde; Pijl, Sip Jan; Petry, Katja

    2011-01-01

    This study aimed to explore Belgian adolescents' attitudes towards peers with disabilities and to explore factors associated with these attitudes. Based on the theory of persuasive communication, this study focused on receiver variables (the "whom"), characteristics of students with disabilities ("concerning who") and channel ("how"). An online survey was created and published on several popular websites for youngsters. Attitudes were assessed by means of the CATCH questionnaire among 167 adolescents between 11 and 20 years old. Univariate and multivariate regression analyses were conducted. Belgian adolescents had fairly tolerant attitudes towards peers with disabilities. Factors associated with more positive attitudes were being female, and viewing a video introduction of a peer with a disability before assessing attitudes. Factors such as having a parent, sibling or good friend with a disability and frequent contact with persons with disabilities did not remain significant in the overall model. The way in which students with disabilities are presented to their peers is very important. Further research is needed among larger samples, including more diverse variables, concerning the former mentioned categories, and also concerning the source (the "who") and message (the "what"). PMID:21257288

  20. Modeling organizational determinants of hospital mortality.

    OpenAIRE

    al-Haider, A S; Wan, T T

    1991-01-01

    This study examines hospital characteristics that affect the differential in hospital mortality. Death rates for 1984 Medicare inpatients in acute care hospitals, released by the Health Care Financing Administration in 1986, were analyzed. A confirmatory statistical approach to organizational determinants of hospital mortality was formulated and validated through an empirical examination of 239 hospitals. The findings suggest that the effect of hospital size and specialization on mortality wa...

  1. Annual report for the steering committee of the association Euratom-Belgian State for fusion 1999

    International Nuclear Information System (INIS)

    This report is prepared for the annual steering committee meting of the Association Euratom - Belgian State in the area of fusion reactor technology. The Belgian contribution focuses on the assessment of the first wall and blanket materials under radiation and coolant interaction and on developments for the remote handling in maintenance activities. The period October 1998 to September 1999 is reported on.The fusion technology work performed at the Belgian Nuclear Research Centre SCK/CEN, the Department of Metallurgy and Materials Engineering of the Louvain University (Belgium) and S.A. Gradel, a Luxemburg-based organisation, is described

  2. Annual report for the steering committee of the association Euratom-Belgian State for fusion 1998

    International Nuclear Information System (INIS)

    This report is prepared for the annual steering committee meting of the Association Euratom - Belgian State in the area of fusion reactor technology. The Belgian contribution focuses on the assessment of the first wall and blanket materials under radiation and coolant interaction and on developments for the remote handling in maintenance activities. The period October 1997 to September 1998 is reported on.The fusion technology work performed at the Belgian Nuclear Research Centre SCK/CEN, the Department of Metallurgy and Materials Engineering of the Louvain University (Belgium) and S.A. Gradel, a Luxemburg-based organisation, is described

  3. Annual report for the steering committee of the association Euratom-Belgian State for fusion 1999

    Energy Technology Data Exchange (ETDEWEB)

    Decreton, M

    1999-10-01

    This report is prepared for the annual steering committee meting of the Association Euratom - Belgian State in the area of fusion reactor technology. The Belgian contribution focuses on the assessment of the first wall and blanket materials under radiation and coolant interaction and on developments for the remote handling in maintenance activities. The period October 1998 to September 1999 is reported on.The fusion technology work performed at the Belgian Nuclear Research Centre SCK/CEN, the Department of Metallurgy and Materials Engineering of the Louvain University (Belgium) and S.A. Gradel, a Luxemburg-based organisation, is described.

  4. Assessment of the acrylamide intake of the Belgian population and the effect of mitigation strategies

    OpenAIRE

    Claeys, Wendie Liliane; Baert, Katleen; Mestdagh, Frédéric; Vercammen, Jan; Daenens, Paul; Meulenaer, Bruno De; Maghuin-Rogister, Guy; Huyghebaert, André

    2010-01-01

    Abstract The acrylamide (AA) intake of the Belgian consumer was calculated based on AA monitoring data of the Belgian Federal Agency for the Safety of the Food Chain (FASFC) and consumption data of the Belgian food consumption survey coordinated by the Scientific Institute for Public Health (3214 participants of 15 years or older). The average AA exposure, calculated probabilistically, was 0.4 ?g/kg bw/day (P97.5 = 1.6 ?g/kg bw/day) with as main contributors to the average intake c...

  5. Severe Accident Management Measures Introduced in Belgian NPP's

    International Nuclear Information System (INIS)

    In response to the Belgian Safety Authorities' request to address the severe accident issue within a decennial safety review, Tractebel, on behalf of the Belgian Utility, Electrabel, examined in detail specific severe accident topics and provided the Utility with several measures that could be implemented to reduce the risk associated with beyond-design accidents. The present paper summarizes the key elements of the approach applied in Belgium: - Presentation of plant-specific studies related to severe accident issues; - Use of PSA results; - Inputs of international R and D projects; - Selection and justification of severe accident measures; - Comparative study between possible mitigative measures; - Definition and justification of implemented severe accident management strategies. The vulnerability to severe accidents as well as the potential causes of containment failures have been identified leading to the study of possible countermeasures taking into account the combination of conservative design and post-TMI measures already implemented . A section of the paper will also be devoted to the specific study made for the selection, the sizing and the implementation of hydrogen control means. After the description of the selected measures implemented, the paper also describes the content of the 'Severe Accident Management Guidelines' developed by Tractebel for the Tihange NPPs and for the Doel NPPs. This project aimed at providing the operators with procedures or guidelines enabling to deal with complex situations not formally considered in the standard Emergency Response Guidelines, including accidents in which a significant portion of the core melts. The objective of these SAMG's programs is to indicate actions that must bring the plant to a controlled stable state and, above all, mitigate any challenges to the fission product barriers. The plant personnel must use the available plant information to determine the best severe accident management measures. Obviously

  6. Vitamin D inadequacy in Belgian postmenopausal osteoporotic women

    Directory of Open Access Journals (Sweden)

    Collette Julien

    2007-04-01

    Full Text Available Abstract Background Inadequate serum vitamin D [25(OHD] concentrations are associated with secondary hyperparathyroidism, increased bone turnover and bone loss, which increase fracture risk. The objective of this study is to assess the prevalence of inadequate serum 25(OHD concentrations in postmenopausal Belgian women. Opinions with regard to the definition of vitamin D deficiency and adequate vitamin D status vary widely and there are no clear international agreements on what constitute adequate concentrations of vitamin D. Methods Assessment of 25-hydroxyvitamin D [25(OHD] and parathyroid hormone was performed in 1195 Belgian postmenopausal women aged over 50 years. Main analysis has been performed in the whole study population and according to the previous use of vitamin D and calcium supplements. Four cut-offs of 25(OHD inadequacy were fixed : Results Mean (SD age of the patients was 76.9 (7.5 years, body mass index was 25.7 (4.5 kg/m2. Concentrations of 25(OHD were 52.5 (21.4 nmol/L. In the whole study population, the prevalence of 25(OHD inadequacy was 91.3 %, 87.5 %, 43.1 % and 15.9% when considering cut-offs of 80, 75, 50 and 30 nmol/L, respectively. Women who used vitamin D supplements, alone or combined with calcium supplements, had higher concentrations of 25(OHD than non-users. Significant inverse correlations were found between age/serum PTH and serum 25(OHD (r = -0.23/r = -0.31 and also between age/serum PTH and femoral neck BMD (r = -0.29/r = -0.15. There is a significant positive relation between age and PTH (r = 0.16, serum 25(OHD and femoral neck BMD (r = 0.07. (P Vitamin D concentrations varied with the season of sampling but did not reach statistical significance (P = 0.09. Conclusion This study points out a high prevalence of vitamin D inadequacy in Belgian postmenopausal osteoporotic women, even among subjects receiving vitamin D supplements.

  7. FINANCING OF INTERNATIONAL TRANSACTIONS

    Directory of Open Access Journals (Sweden)

    RADU NICOLAE BĂLUNĂ

    2013-02-01

    Full Text Available Financing (funding is essentially the purchase of funds necessary for a business. This can be done from internal sources (company’s own funds or external (borrowed funds. The high value of goods traded in international trade makes revenues generated from internal resources not sufficient to settle the value of the goods. Thus, it is frequent to resort to borrowed funds. In International Business Transactions, external financing is done both by classical techniques of credit (credit supplier and buyer credit and modern techniques of financing (factoring, forfeiting, leasing all trade tailored. In terms of the length of financing, accounting funding is short-term (1-12 months and long-term financing (over a year. In principle, export and import operations prevailing short-term financing techniques, while international investment and industrial cooperation actions are specific long-term funding

  8. Financing Distributed Generation

    International Nuclear Information System (INIS)

    This paper introduces the engineer who is undertaking distributed generation projects to a wide range of financing options. Distributed generation systems (such as internal combustion engines, small gas turbines, fuel cells and photovoltaics) all require an initial investment, which is recovered over time through revenues or savings. An understanding of the cost of capital and financing structures helps the engineer develop realistic expectations and not be offended by the common requirements of financing organizations. This paper discusses several mechanisms for financing distributed generation projects: appropriations; debt (commercial bank loan); mortgage; home equity loan; limited partnership; vendor financing; general obligation bond; revenue bond; lease; Energy Savings Performance Contract; utility programs; chauffage (end-use purchase); and grants. The paper also discusses financial strategies for businesses focusing on distributed generation: venture capital; informal investors (''business angels''); bank and debt financing; and the stock market

  9. Islamic Banking and Finance

    OpenAIRE

    AlFarra, Diaa M. S.

    2015-01-01

    Islamic Banking and Finance has been growing rapidly during the last decades. Descriptive analysis has been used in order to introduce the Islamic banking and finance and how it works. On other hand, clarify the Islamic Banking and Finance Systems and show how it works in part of liability and also profit and loss sharing basis. In addition to that, the main similarities and differences were properly identified, introduced and discussed in the paper. It is obvious that there are many similari...

  10. Hawkes processes in finance

    OpenAIRE

    Emmanuel Bacry; Iacopo Mastromatteo; Jean-Fran\\c{c}ois Muzy

    2015-01-01

    In this paper we propose an overview of the recent academic literature devoted to the applications of Hawkes processes in finance. Hawkes processes constitute a particular class of multivariate point processes that has become very popular in empirical high frequency finance this last decade. After a reminder of the main definitions and properties that characterize Hawkes processes, we review their main empirical applications to address many different problems in high frequency finance. Becaus...

  11. Globalisation et finances internationales

    OpenAIRE

    Prada B., Luis M.

    2011-01-01

    Cet article énonce les principales caractéristiques de la globalisation économique, il précise également en quoi consiste la globalisation financière et met en relief le rôle des investisseurs institutionnels dans les nouvelles finances. De même, l´article conclut que la globalisation financière offre de nouvelles opportunités ; à nous la responsabilité de les profiter.

  12. Financing of Business Activities

    OpenAIRE

    Klimkova, Jana

    2010-01-01

    This bachelor‘s thesis focuses on the financing of investment of a particular company. The thesis consists of three parts. The first part describes basic concepts, various sources of financing and methods of investment evaluation. In the second part, the company itself is introduced and there is also described the intention of the investment. In the third part the suggestions of the financing of investment are made. In the conclusion, there is chosen the exact suggestion, which is the most su...

  13. Nonrecourse financing and securitization

    OpenAIRE

    Kobayashi, Mami; Osano, Hiroshi

    2012-01-01

    We consider the role of the nonrecourse financing of securitization by a financial institution (FI). Our model suggests that even though the FI has the opportunity to provide liquidity support afterward, it is optimal for the FI to use the nonrecourse financing of securitization initially, because the nonrecourse security makes liquidation of the original asset more attractive for an FI that knows that the original asset is bad. However, our model also predicts that the nonrecourse financing ...

  14. Digital radiographic equipment in the Belgian dental office.

    Science.gov (United States)

    Gijbels, F; Debaveye, D; Vanderstappen, M; Jacobs, R

    2005-01-01

    A survey was performed among Belgian dentists to evaluate the use and management of digital radiographic equipment. The majority of respondents work as general dental practitioners. One out of eight sets of equipment for extraoral exposures is digital. For intraoral radiography, 30% of the equipment is digital. While exposure time is reduced by about 50% for digital intraoral radiography compared with conventional radiography, no differences can be found between different conventional film speed classes. Appropriate collimation of the radiation beam is only sparingly used. Beam aiming devices to hold the film and position the radiation beam are not used by the majority of dentists. While 25% of the respondents stand behind a protective wall during exposure, 8% of dentists remain next to the patient during exposure while assisting in holding the film inside the mouth. A minority of the latter practitioners wear lead aprons. PMID:16461489

  15. Characteristics of suicide hotspots on the Belgian railway network.

    Science.gov (United States)

    Debbaut, Kevin; Krysinska, Karolina; Andriessen, Karl

    2014-01-01

    In 2004, railway suicide accounted for 5.3% of all suicides in Belgium. In 2008, Infrabel (Manager of the Belgian Railway Infrastructure) introduced a railway suicide prevention programme, including identification of suicide hotspots, i.e., areas of the railway network with an elevated incidence of suicide. The study presents an analysis of 43 suicide hotspots based on Infrabel data collected during field visits and semi-structured interviews conducted in mental health facilities in the vicinity of the hotspots. Three major characteristics of the hotspots were accessibility, anonymity, and vicinity of a mental health institution. The interviews identified several risk and protective factors for railway suicide, including the training of staff, introduction of a suicide prevention policy, and the role of the media. In conclusion, a comprehensive railway suicide prevention programme should continuously safeguard and monitor hotspots, and should be embedded in a comprehensive suicide prevention programme in the community. PMID:24020492

  16. Can Belgian nuclear power stations work for longer?

    International Nuclear Information System (INIS)

    In 2008 Paul Magnette, former Minister of Climate and Energy, requested the GEMIX Commission - a team of Belgian and international energy specialists - to examine the energy future of Belgium. Within this framework, it was planned to examine ideal energy mixes to ensure the energy supplies of Belgium, to secure our competitive position and to ensure that environmental and climate objectives are achieved. In the framework of this study, the GEMIX Commission asked SCK-CEN to evaluate the lifetime of the commercial nuclear power plants at Doel and Tihange. In particular, the Commission wanted to know whether it is technically feasible and safe to keep these power plants open for longer than 40 years, the lifetime stipulated in the 2003 Nuclear Energy Extrication Act. The article gives a summary overview of the expert opinion of SCK-CEN to the Gemix Commission.

  17. Belgian Workshop (November 2003) - Executive Summary and International Perspective

    International Nuclear Information System (INIS)

    The fourth workshop of the OECD/NEA Forum on Stakeholder Confidence (FSC) was hosted by ONDRAF/NIRAS, the Belgian Agency for Radioactive Waste Management and enriched fissile materials. The central theme of the workshop was 'Dealing with interests, values and knowledge in managing risk' within the Belgian context of local partnerships for the long term management of low-level, short-lived radioactive waste. The four-day workshop started with a half-day session in Brussels giving a general introduction on the Belgian context and the local partnership methodology. This was followed by community visits to three local partnerships, PaLoFF in Fleurus-Farciennes, MONA in Mol, and STOLA in Dessel. After the visits, the workshop continued with two full-day sessions in Brussels. One hundred and nineteen registered participants, representing 13 countries, attended the workshop or participated in the community visits. About two thirds were Belgian stakeholders; the remainder came from FSC member organisations. The participants included representatives of municipal governments, civil society organisations, government agencies, industrial companies, the media, and international organisations as well as private citizens, consultants and academics. The four-day meeting was structured as follows: Day 1 morning was devoted to introductory presentations. Information was given on the general radioactive waste management context in Belgium. Regarding the management of LLW, and in particular the search for a disposal facility site, the workshop heard about the local partnership methodology developed by university researchers of the University of Antwerp and the Fondation Universitaire Luxembourgeoise (FUL). These partnerships between the potential host municipalities and the radwaste agency have the mission to develop an integrated facility proposal adapted to local conditions. Community visits took place on Day 1 afternoon and Day 2. Visits offered an opportunity for

  18. Dietary intake of artificial sweeteners by the Belgian population.

    Science.gov (United States)

    Huvaere, Kevin; Vandevijvere, Stefanie; Hasni, Moez; Vinkx, Christine; Van Loco, Joris

    2012-01-01

    This study investigated whether the Belgian population older than 15 years is at risk of exceeding ADI levels for acesulfame-K, saccharin, cyclamate, aspartame and sucralose through an assessment of usual dietary intake of artificial sweeteners and specific consumption of table-top sweeteners. A conservative Tier 2 approach, for which an extensive label survey was performed, showed that mean usual intake was significantly lower than the respective ADIs for all sweeteners. Even consumers with high intakes were not exposed to excessive levels, as relative intakes at the 95th percentile (p95) were 31% for acesulfame-K, 13% for aspartame, 30% for cyclamate, 17% for saccharin, and 16% for sucralose of the respective ADIs. Assessment of intake using a Tier 3 approach was preceded by optimisation and validation of an analytical method based on liquid chromatography with mass spectrometric detection. Concentrations of sweeteners in various food matrices and table-top sweeteners were determined and mean positive concentration values were included in the Tier 3 approach, leading to relative intakes at p95 of 17% for acesulfame-K, 5% for aspartame, 25% for cyclamate, 11% for saccharin, and 7% for sucralose of the corresponding ADIs. The contribution of table-top sweeteners to the total usual intake (sucralose: 3.08 versus 3.03, expressed as mg kg(-1) bodyweight day(-1) at p95) showed that the latter group was not exposed to higher levels. It was concluded that the Belgian population is not at risk of exceeding the established ADIs for sweeteners. PMID:22088137

  19. Belgian nuclear power life extension and fuss about nuclear rents

    International Nuclear Information System (INIS)

    Nuclear decision-making is embedded in slowly evolving political, economic and financial institutions. Belgium houses extended nuclear activities, mostly under French control, for example: SUEZ-GDF and EDF own all Belgian nuclear power plants. But a 2003 law mandates the closure of Belgium's nuclear power plants at a service age of 40 years; only force majeure could lift the strict obligation. Opposition to the law argued with climate change danger, financial losses, and loss-of-load risks. The financial issue got interwoven with a fuzzy debate on the definition, height and appropriation of “nuclear rents”. As plausible hypothesis is adopted: the prospected transfer of hundreds millions of euro from power companies to the public interest will create public support for life extension. But the nuclear rents discussion had faded in July 2012 when the Belgian government admitted a 10-year life extension for TIHANGE I (962 MW) and imposed the closure of the 2×433 MW DOEL I and II. Loss-of-load risk was the government's only public argument. The opacity of the decision process and its “fifty–fifty” outcome do not allow proper testing of the hypothesis. The case illustrates that politicians cannot bind their followers except through the deployment of alternative power sources. - Highlights: • Nuclear phase-out is only successful when alternative supplies are deployed. • Politicians cannot bind their successors by words or by lawgiving. • The phase-out law exemplifies the disruption of a strong nuclear lock-in. • Life extension exemplifies the disruption of the phase-out law. • The impact of imprecise nuclear rents on life extension could not be tested

  20. Assessment of doses received by the Belgian population due to the Chernobyl releases

    International Nuclear Information System (INIS)

    The consequences of the exposure during the first year and beyond the first year after the Chernobyl accident in terms of radiation effects on the Belgian population are discussed as well as some uncertainties in these evaluations. (A.F.)

  1. The Labour Market as the Driving Force of Belgian Higher Education.

    Science.gov (United States)

    Wielemans, Willy

    1988-01-01

    An examination of internal and external forces on Belgian higher education suggests that the system is too closely controlled by economic and political forces in the labor market, which threatens to distort university life and higher education in general. (MSE)

  2. MERIS imagery of Belgian coastal waters: mapping of suspended particulate matter and chlorophyll-a

    OpenAIRE

    Ruddick, K.; PARK, Y.; B. Nechad

    2003-01-01

    This paper describes a first application-oriented analysis of MERIS products for Suspended Particulate Matter (SPM) and Chlorophyll-a (CHL) concentration in Belgian coastal waters. Regional algorithms designed for Belgian waters have been implemented and compared with the standard MERIS products, termed Total Suspended Matter and Algal2 respectively. The standard and regional SPM products seem robust and give similar data. Notwithstanding a more complete match-up validation analysis, these pr...

  3. Working Paper 13-09 - Qualitative Employment Multipliers for the Belgian Environmental Industry

    OpenAIRE

    Adja Awa Sissoko; Bart Van den Cruyce

    2009-01-01

    The present paper computes cumulative employment generated by the Belgian environmental industry. Relying on Belgian input-output tables for the year 2000 and on detailed employment data (SAM sub ]matrix), we investigate the patterns of the employment in the environmental industry, by considering the worker types differentiated by gender, educational attainment or a combination of these characteristics. The employment multiplier analysis of environmental employment reveals some interesting di...

  4. Compliance of Companies with Corporate Governance Codes: Case Study on Listed Belgian

    OpenAIRE

    Sven H. De Cleyn

    2014-01-01

    Listed and large companies become increasingly subject to internal and external pressure to comply with ethical and social standards. This article focuses on one aspect of this matter, namely the corporate governance issue. Within the framework of recent corporate scandals, this paper investigates whether and to which extent Belgian publicly listed SMEs comply with the Belgian Code on Corporate Governance after its first year of introduction, which has been constituted in the framework of the...

  5. Annual report for the steering committee of the association Euratom-Belgian State for fusion 1996

    Energy Technology Data Exchange (ETDEWEB)

    Moons, F.; Bogaerts, W.; Decreton, M.; Biver, E.; Coenen, S.; Benoit, Ph.; Coheur, L.; Deboodt, P.; Andreev, D.

    1996-09-01

    This report is prepared for the annual steering committee meting of the Association Euratom - Belgian State for Fusion. The period October 1995 to September 1996 is reported on.The fusion technology work performed at the Belgian Nuclear Research Centre SCK/CEN, the Department of Metallurgy and Materials Engineering of the Louvain University (Belgium) and S.A. Gradel, a Luxemburg company, is described.

  6. BNAIC 2008: Proceedings 20th Belgian-Netherlands Conference on Artificial Intelligence

    OpenAIRE

    Nijholt, Anton; Pantic, Maja; Poel, Mannes; Hondorp, Hendri

    2008-01-01

    This book contains the proceedings of the 20th edition of the Belgian-Netherlands Conference on Artificial Intelligence. The conference was organized by the Human Media Interaction group of the University of Twente. As usual, the conference was under the auspices of the Belgian-Dutch Association for Artificial Intelligence (BNVKI) and the Dutch Research School for Information and Knowledge Systems (SIKS). The conference aims at presenting an overview of state-of-the-art research in artificial...

  7. Annual report for the steering committee of the association Euratom-Belgian State for fusion 1996

    International Nuclear Information System (INIS)

    This report is prepared for the annual steering committee meting of the Association Euratom - Belgian State for Fusion. The period October 1995 to September 1996 is reported on.The fusion technology work performed at the Belgian Nuclear Research Centre SCK/CEN, the Department of Metallurgy and Materials Engineering of the Louvain University (Belgium) and S.A. Gradel, a Luxemburg company, is described

  8. Community Acquired Pneumonia (CAP) hospitalisations and deaths: is there a quality improvement role for inter-hospital comparisons?

    OpenAIRE

    Aelvoet, W; Terryn, N.; Blommaert, A.; Molenberghs, G.; Hens, N.; De Smet, F; Callens, M.; Beutels, P.

    2016-01-01

    Objective To assess between-hospital variations in standardized in-hospital mortality ratios of community-acquired pneumonia (CAP), and identify possible leads for quality improvement. Design We used an administrative database to estimate standardized in-hospital mortality ratios for 111 Belgian hospitals, by carrying out a set of hierarchical logistic regression models, intended to disentangle therapeutic attitudes and biases. To facilitate the detection of false-negative/positive results...

  9. Financing for Gender Equality

    OpenAIRE

    Kim, Jim Yong

    2015-01-01

    Remarks delivered by Jim Yong Kim, President of the World Bank Group. The Third International Conference on Financing for Development represents an important milestone in efforts to achieve universal and sustainable development as we move beyond 2015 and introduce a new set of Sustainable Development Goals. This event aims to mobilize high-level political support for financing gender equality and women’s...

  10. Financing - general considerations

    International Nuclear Information System (INIS)

    Various aspects of the problems of financing a multinational regional fuel cycle centre (RFCC) are briefly discussed. Some of the points covered are: financing by participants; floating long-term loans on capital markets outside the countries of the participants; and export credits for the purchase of equipment manufactured outside the countries of the participants

  11. Financing landfill gas projects

    International Nuclear Information System (INIS)

    The problems of financing landfill gas projects in the UK in the last few years are discussed. The approach of the author in setting up a company to finance such projects in the power generation field and a separate company to design and supply turnkey packages is reported. (UK)

  12. Caring finance practices

    NARCIS (Netherlands)

    I.P. van Staveren (Irene)

    2013-01-01

    textabstractThe 2008 financial crisis has demonstrated the failure of both utilitarian and deontological ethics in finance. Alternatives do not need to be created from nothing, because the crisis itself has stimulated the emergence of ethically sound finance practices from within the sector. This ar

  13. Finance Law Review

    Science.gov (United States)

    Forth, Douglas S.

    1975-01-01

    Reviews recent state and federal court decisions dealing with issues relevant to educational finance. Within the area of elementary and secondary education, cases involve general school finance, state funding programs, employee negotiations, and business management. In the area of higher education, cases involve taxation, student fees,…

  14. Public Education Finances, 2005

    Science.gov (United States)

    US Census Bureau, 2007

    2007-01-01

    The United States Census Bureau conducts an Annual Survey of Government Finances as authorized by law under Title 13, United States Code, Section 182. The 2005 survey, similar to other annual surveys and censuses of governments conducted for many years, covers the entire range of government finance activities--revenue, expenditure, debt, and…

  15. Public Education Finances, 2006

    Science.gov (United States)

    US Census Bureau, 2008

    2008-01-01

    The United States Census Bureau conducts an Annual Survey of Government Finances as authorized by law under Title 13, United States Code, Section 182. The 2006 survey, similar to other annual surveys and censuses of governments conducted for many years, covers the entire range of government finance activities--revenue, expenditure, debt, and…

  16. Public Education Finances, 2008

    Science.gov (United States)

    US Census Bureau, 2010

    2010-01-01

    The United States Census Bureau conducts an Annual Survey of Government Finances as authorized by law under Title 13, United States Code, Section 182. The 2008 survey, similar to other annual surveys and censuses of governments conducted for many years, covers the entire range of government finance activities--revenue, expenditure, debt, and…

  17. Public Education Finances, 2007

    Science.gov (United States)

    US Census Bureau, 2009

    2009-01-01

    Every five years, the U.S. Census Bureau conducts a Census of Government Finance, as authorized by law under Title 13, U.S. Code, Section 182. The 2007 Census, similar to annual surveys and censuses of governments conducted for many years, covers the entire range of government finance activities--revenue, expenditure, debt, and assets (cash and…

  18. When Art & Finance Collide

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    Fine art and big finance are proving a profitable combination in China but questions of authenticity need to be addressed CHINA’S art market is on fire.As sales and prices break records,a new force has appeared in the market - organized art finance in the form of art trust funds and artwork exchanges.

  19. Geothermal Financing Workbook

    Energy Technology Data Exchange (ETDEWEB)

    Battocletti, E.C.

    1998-02-01

    This report was prepared to help small firm search for financing for geothermal energy projects. There are various financial and economics formulas. Costs of some small overseas geothermal power projects are shown. There is much discussion of possible sources of financing, especially for overseas projects. (DJE-2005)

  20. Financing CFM through REDD

    OpenAIRE

    Skutsch, Margaret

    2008-01-01

    The Technology and Sustainable Development section of the Clean Technology and Environmental Policy Group, University of Twente, is working on a project financed by Netherlands Development Cooperation entitled “Kyoto: Think Global, Act Local” which will run from 2003 to 2009. The project is investigating the potential for carbon finance to support community forest management.

  1. Financing Canadian international operations

    International Nuclear Information System (INIS)

    A primer on financing international operations by Canadian corporations was provided. Factors affecting the availability to project finance (location, political risk), the various forms of financing (debt, equity, and combinations), the main sources of government backed financing to corporations (the International Finance Corporation) (IFC), the European Bank for Reconstruction and Development (EBRD), the Asian Development Bank (ADB), the Overseas Property Insurance Corporation (OPIC), government or agency guarantees, political risk coverage, the use of offshore financial centres, and the where, when and how these various organizations operate, were reviewed. Examples of all of the above, taken from the experiences of Canadian Occidental Petroleum of Calgary in the U.S., in South America, in the Middle and Far East, and in Kazakhstan, were used as illustrations. figs

  2. Debt Financing: Academia's Funding Alternative.

    Science.gov (United States)

    Baum, Rudy M.

    1981-01-01

    Discusses debt financing as a way to help universities alleviate the problems of obsolete scientific equipment and facilities for research. Reviews several forms of tax-exempt financing and takes note of some of the advantages of debt financing. (CS)

  3. The Determinants of Debt Financing

    OpenAIRE

    Zhao, Chenkai

    2013-01-01

    Debt financing is an important part in capital structure. Over the fifty years, most scholars and researchers focus primarily on the balance between debt financing and equity financing. And only few research involve in types of debt financing, as well as the determinant of debt financing. This study is aim to analyse the determinate of debt financing, which examine that the influence by eight different elements. This dissertation examined by quantitative techniques with 591 UK listed comp...

  4. The radiological impact of the Belgian phosphate industry

    International Nuclear Information System (INIS)

    The Belgian phosphate industry processes huge amounts of phosphate ore (1.5 to 2 Mton/year) for a wide range of applications, the most important being the production of phosphoric acid, fertilizers and cattle food. Marine phosphate ores show high specific activities of the natural uranium decay series (usually indicated by Ra-226) (e.g. 1200 to 1500 Bq/kg for Moroccan ore). Ores of magmatic origin generally contain less of the uranium and more of the thorium decay series (up to 500 Bq/kg). These radionuclides turn up in by-products, residues or product streams depending on the processing method and the acid used for the acidulation of the phosphate rock. Sulfuric acid is the most widely used, but also hydrochloric acid and nitric acid are applied in Belgium. For Flanders, the northern part of Belgium, we already have a clear idea of the production processes and waste streams. The five Flemish phosphate plants, from 1920 to 2000, handled 54 million ton of phosphate ore containing 65 TBq of radium-226 and 2.7 TBq of thorium- 232. The total surface area of the phosphogypsum and calcium fluoride sludge deposits amounts to almost 300 ha. There is also environmental contamination along two small rivers receiving the waste waters of the hydrochloric production process: the Winterbeek (> 200 ha) and the Grote Laak (12 ha). The data on the impact of the phosphate industry in the Walloon provinces in Belgium is less complete. A large plant produced in 2004 0.8 Mton of phosphogypsum, valorizing about 70 % of the gypsum in building materials (plaster, cement), in fertilizers, and in other products such as paper. The remainder was stored on a local disposal site. The radiological impact of the Belgian phosphate industry on the local population will be discussed. At present most contaminated areas are still recognizable as waste deposits and inaccessible to the population. However as gypsum deposits and other contaminated areas quickly blend in with the landscape, it is

  5. Financing Bologna Students’ Mobility

    OpenAIRE

    Gérard, Marcel

    2011-01-01

    The current system for financing cross-border students, based on the host country, is neither sustainable nor efficient: it produces too little cross-border education. On that background, and motivate as well by a recent decision of the European Court of Justice, we explore two alternative solutions. The first one substitutes to the financing by the host country, a financing by the country of origin, through vouchers that the student may use at home or abroad provided it is in a recognized in...

  6. Financing Bologna Students’ Mobility

    OpenAIRE

    Gérard, Marcel; Sixth Workshop on Public Policy Design: Education

    2010-01-01

    The current system for financing cross-border students, based on the host country, is neither sustainable nor efficient: it produces too little cross-border education. On that background, and motivate as well by a recent decision of the European Court of Justice, we explore two alternative solutions. The first one substitutes to the financing by the host country, a financing by the country of origin, through vouchers that the student may use at home or abroad provided it is in a recognized in...

  7. FINANCING SME FUTURE DEVELOPMENT

    OpenAIRE

    Viorica CERBUSCA

    2015-01-01

    The paper highlights the problems faced by the SMEs in accessing adequate financing as one of the most significant barriers of the sector. Financial access is critical for SMEs’ growth and development. At the same time, the author emphasize that there is no unique way of financing SMEs. The need depends on the stage of maturity and size of the enterprise. In order to facilitate the SME access to finance it is necessary to adapt the best international practices and to adapt them at the ...

  8. Financing Sustainable Development

    DEFF Research Database (Denmark)

    Fejerskov, Adam Moe; Funder, Mikkel; Engberg-Pedersen, Lars;

    aid budgets or divert them to meet refugee and migration issues. In this context of massive global ambition and concurrent uncertainty on the future of aid, other actors and sources of development financing seem ever more critical, such as the private sector, private foundations and the BRICS....... But what are in fact the interests and modes of operation of such actors in the context of development financing, and to what extent do they align with the aims of the SDGs? And how do national governments of developing countries themselves perceive and approach these new sources of financing?...

  9. The Finance Curse

    DEFF Research Database (Denmark)

    Christensen, John; Shaxson, Nick; Wigan, Duncan

    2016-01-01

    The Global Financial Crisis placed the utility of financial services in question. The crash, great recession, wealth transfers from public to private, austerity and growing inequality cast doubt on the idea that finance is a boon to the host economy. This article systematizes these doubts......, economic instability, inequality, conflict, rent-seeking and corruption. The Finance Curse produces similar effects, often for similar reasons. Beyond a point, a growing financial sector can do more harm than good. Unlike the Resource Curse, these harms transcend borders. The concept of a Finance Curse...

  10. Contact allergy caused by methylisothiazolinone: the Belgian-French experience.

    Science.gov (United States)

    Aerts, Olivier; Goossens, An; Giordano-Labadie, Françoise

    2015-01-01

    The chemical Kathon CG(®), a mixture of the preservatives methylchloroisothiazolinone (MCI) and methylisothiazolinone (MI), was the leading cause of a worldwide epidemic of contact-allergic reactions in the eighties. From 2000 on, MI alone became allowed in industrial products and in 2005 authorities gave a green light for its use in leave-on and rinse-off cosmetics up to a maximum concentration of 100 ppm (0.01%). Following initial occupational cases, a continuously increasing number of consumers sensitized to MI have been reported and both Belgian and French allergy groups decided to routinely test MI in their baseline series from 2010 onwards. Two multicenter studies, comprising 8,680 and 7,874 patients in Belgium and France respectively, both clearly show the rise in contact allergy caused by MI, with a spectacular sensitization rate of ∼ 6.0% in 2012, even increasing to 7.0% in 2013. Mostly middle-aged women, presenting with facial-and/or hand dermatitis, were affected, although very young children were reported as well. Furthermore, the data confirmed that sensitization is primarily caused by cosmetics (mostly leave-on, but also rinse-off), household detergents and water-based paint. This unprecedented outbreak of contact sensitization to a preservative agent in Europe, and beyond, should have alerted the authorities much sooner and meanwhile the need for safer use concentrations of MI in cosmetics, detergents and industrial products is becoming more urgent every day. PMID:26412037

  11. Irradiation of Fuel Elements in the Belgian BR3 Reactor

    International Nuclear Information System (INIS)

    Under a contract concluded by EURATOM and CEN-BelgoNucléaire, fuel rods containing plutonium-enriched uranium were irradiated in the Belgian BR3 reactor with the object of evaluating the behaviour of plutonium fuel elements in power reactors. The first experiment consisted in introducing 12 fuel elements fabricated by vibration and compacting followed by swaging into a core assembly of the BR3 pressurized-water power reactor. Irradiation was carried out for a period corresponding to 4820 h at full power. Subsequent examination of the fuel rods showed that they had been unaffected by irradiation. A second series of experiments is being carried out in collaboration with the United Kingdom Atomic Energy Authority. These experiments involve irradiating an assembly of 37 plutonium-enriched fuel elements, some compacted and others of the pellet type, in the BR3/VN power reactor. The fabrication of the vibrocompacted elements and the thermal studies relating to the assembly are briefly described. (author)

  12. Financing Professional Sports Facilities

    OpenAIRE

    Baade, Robert A.; Victor A. Matheson

    2011-01-01

    This paper examines public financing of professional sports facilities with a focus on both early and recent developments in taxpayer subsidization of spectator sports. The paper explores both the magnitude and the sources of public funding for professional sports facilities.

  13. To finance the transition

    International Nuclear Information System (INIS)

    A set of brief articles illustrates the emergence of innovating and operational financing tools aimed at supporting energy transition in France and in Europe. As far as France is concerned, different examples are evoked: raising local savings, crowd-funding for renewable energies, citizen investment, cooperation between industries, communities and citizens, a semi-public company with citizen participation, the case of the Nancy urban community, a joint experience by a local public company and an investment fund. As far as Europe is concerned, the following topics or examples are evoked: local policies as lever for European financing, the Danish example of citizen-based financing, crowd-funding in the UK, the European emergence of cooperatives. As far as banks and institutions are concerned, the following topics are addressed: tools implemented by the Caisse des Depots for energy transition, the roles of banks and of public institutions in the financing of energy transition

  14. FINANCING SME FUTURE DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Viorica CERBUSCA

    2015-04-01

    Full Text Available The paper highlights the problems faced by the SMEs in accessing adequate financing as one of the most significant barriers of the sector. Financial access is critical for SMEs’ growth and development. At the same time, the author emphasize that there is no unique way of financing SMEs. The need depends on the stage of maturity and size of the enterprise. In order to facilitate the SME access to finance it is necessary to adapt the best international practices and to adapt them at the local condition. Article aims to present microfinancing as a tool that could improve the SME access to finance, thus contributing to the economic development of the country by creating new jobs, new products and services

  15. Personal Finance Calculations.

    Science.gov (United States)

    Argo, Mark

    1982-01-01

    Contains explanations and examples of mathematical calculations for a secondary level course on personal finance. How to calculate total monetary cost of an item, monthly payments, different types of interest, annual percentage rates, and unit pricing is explained. (RM)

  16. Introduction to Islamic finance

    OpenAIRE

    Umar F. Moghul; Murtha Cullina

    2006-01-01

    An increasing number of individuals and banks have become curious about Islamic finance and how it is conducted in America. The author provides helpful background and tells where services can be found in New England.

  17. Export development financing

    International Nuclear Information System (INIS)

    The main activities of the Export Development Corporation (EDC) were described, as well as some of the changes currently being implemented. EDC is Canada's official export credit agency, providing risk management services such as insurance, loans, guarantees, equity and leasing. EDC's project finance initiative started in 1991, and focused mainly on the up-front process. It has established itself as a recognized leader in project financing. It has over 15 years experience in a variety of sectors and countries. Energy projects financed to date include hydro projects in India, Argentina and Pakistan, and thermal projects in Thailand, China, Indonesia and Egypt. Lending criteria used to select projects were outlined, along with the risks endemic to project financing

  18. PUBLIC FINANCE FUNCTIONS

    Directory of Open Access Journals (Sweden)

    VEZURE OANA SABINA

    2011-09-01

    Full Text Available The emergence of public finances is due to objective causes needs and determined their main function being to obtain the financial resources it needs for the State to exercise its powers and on the way to intervene in the economy and society general. Public finances are necessary, subjectively and objectively, as it contributes to accomplishing the tasks and functions of the state, which could not be realized without financial leverage. Public finances are inextricably linked to the existence of the state, and public sector's role in the economy. Thus, they express "social relations, economic arising in the establishment and use of public funds between the state, on the one hand, and members of society on the other hand, to meet the needs of general interest of society" [1]. Thus, the role of public finance is to meet the needs of general interest or collective needs.

  19. FINANCING INNOVATION IN ROMANIA

    Directory of Open Access Journals (Sweden)

    SORIN SERBAN

    2012-05-01

    Full Text Available This article based on an examination of empirical literature, analyses the financing of innovative enterprises in Romania and presents the characteristics of Romanian policies in this regard. It sets forth an estimation of the number of innovative enterprises in Romania based on figures from different sources. Assessing the role of financial restrictions on innovation reveals that a firm is facing obstacles to finance its innovative activities but also other difficulties to innovate which appears to be enhanced. This article also puts forward the role of different financing actors and instruments at different stages of the firm's life cycle and emphasizes the function of proximity capital in filling the gap between supply and demand of financing. Finally a framework for policy is recommended.

  20. What can behavioural finance teach us about finance?

    OpenAIRE

    Werner DeBondt; William Forbes; Paul Hamalainen; Yaz Gulnur Muradoglu

    2010-01-01

    Purpose – The paper draws on the key themes raised at a Round Table discussion on behavioural finance attended by academics and practitioners. The paper provides a background to the key aims of behavioural finance research and the development of the discipline over time. The purpose of this paper is to indicate some future research issues on behavioural finance that emanate from the financial crisis and highlight areas of mutual benefit to both behavioural finance academics and the finance in...

  1. Essays in History & Finance

    OpenAIRE

    D'ACUNTO, FRANCESCO

    2015-01-01

    To which extent may history help us understand current financial outcomes? FinancialHistory typically tests for financial theories using historical data, or studies past financialoutcomes to understand the present through analogy. This dissertation focuses on an alternative approach to the use of history in finance, which I label "History & Finance." This approach exploits facts and institutions of the past, and the persistence of the economic and social phenomena they determine, to directly...

  2. SME financing in China

    OpenAIRE

    Chen Xiang Liu

    2007-01-01

    SMEs have a great contribution in China’s economic expansion. However, the financing predicament currently faced by SMEs constitutes a great bottleneck for their development. Banks are reluctant to lend to them, mainly due to the lack of collateral and their poor capability in pricing risk. This is the reason why credit guarantee institutions play a key role in SME financing and the perfection of the credit guarantee system is important for promoting their access to credit. In addition, the l...

  3. Qualitative research in finance

    OpenAIRE

    Dan Kaczynski; Michelle Salmona; Tom Smith

    2014-01-01

    This paper provides an overview of qualitative research to encourage finance researchers to apply a more diverse approach to current research practices. Social science researchers recognize that research questions should determine what research paradigm is best for each study. Imagine the benefits to finance if we expand our empirical sources of data to include what people have to say, which then allows us to explore the complex reasoning behind these conversations. It is the intent of this p...

  4. Financing Water in Africa

    OpenAIRE

    Bayliss, Kate

    2013-01-01

    Despite repeated policy initiatives from donors and governments, the human and economic cost of continued lack of access to safe water and sanitation in sub-Saharan Africa remains high. Progress is in large part constrained by a persistent ‘financing gap’. This paper shows that a radical reorientation of policy is needed to achieve a significant increase in investment finance in order to raise access levels. Rather than continuing to pursue policies that have failed for the past two decades, ...

  5. International Macro-Finance

    OpenAIRE

    Pavlova, Anna; Rigobon, Roberto

    2011-01-01

    International macro-finance is a new area of open economy macroeconomics that brings portfolio choice and asset pricing considerations into models of international macroeconomics. The importance of these considerations--typically relegated to Finance and largely overlooked in traditional macroeconomics--for the international macroeconomy have been underscored by a series of recent financial crises and by unprecedented global imbalances. In this paper, we survey recent developments in this are...

  6. Financing Biodiversity Conservation

    OpenAIRE

    Ricardo Bayón; J. Steven Lovink; Wouter J. Veening

    2000-01-01

    Financing the conservation and sustainable use of biodiversity has been called one of the greatest challenges. At the heart of this challenge lies the low financial and political value which is often assigned to biodiversity and the resulting lack of financial mechanisms for conservation and sustainable use. This report provides an overview of existing and experimental financing mechanisms that can be used to encourage the conservation and sustainable use of biodiversity. To help to better un...

  7. Exploring Higher Education Financing Options

    Science.gov (United States)

    Nkrumah-Young, Kofi K.; Powell, Philip

    2011-01-01

    Higher education can be financed privately, financed by governments, or shared. Given that the benefits of education accrue to the individual and the state, many governments opt for shared financing. This article examines the underpinnings of different options for financing higher education and develops a model to compare conditions to choices and…

  8. Financing energy projects in Africa

    International Nuclear Information System (INIS)

    Contains Executive Summary and Chapters on: Overview of financing trends in Africa; Multilateral support - Bedrock of Africa's first generation energy projects; ECA insurance and financing; Bilateral development finance; Offshore commercial bank lending; Local commercial bank finance; Capital markets; Legal ramifications ; Risk factors; Conclusions. (Author)

  9. International energy financing

    International Nuclear Information System (INIS)

    Some of the innovative financing options being considered by developing countries and economies in transition as ways of mobilizing international energy financing are discussed. Build-Own-Operate (BOO) and Transfer (BOOT) is the most commonly adopted approach. This involves limited resource financing of a project on the basis of the associated cash flow and risks and not on the credit of the project owners. The World Bank has set up the Multilateral Investment Guarantee Agency to provide, on a fee basis, guarantees against certain non-commercial forms of risk in order to promote international capital flow to developing countries. In 1989, the World Bank introduced the Expanded Co-financing Operations (ECO) programme as an instrument to catalyze the flow of private finance into developing countries and to improve their access to international financial markets. Other financial instruments currently being established include: leasing of equipment or whole plants by foreign investors; private ownership or operation of generation and distribution facilities; exchange of specific export goods for energy imports; developing instruments to finance local costs; revenue bonds; tax-exempt bonds; sale of electricity futures to those seeking more stable, longer term electricity price contracts. (UK)

  10. New Issues in Corporate Finance

    OpenAIRE

    Mayer, Colin

    1987-01-01

    Flow of funds data are used to compare methods of financing the corporate sector in five countries over the period 1970-85. Many of the problems associated with previous studies of corporate finance are avoided by defining financing proportions in net terms. The degree of consolidation of accounts, reciprocal arrangements between borrowers and lenders, and compensating deposit requirements on borrowers no longer distort financing patterns when net financing is the focus. Corrections for infla...

  11. The Belgian nuclear education network, 5th academic year

    International Nuclear Information System (INIS)

    Full text: In a country where a substantial part of the electricity generation will remain of nuclear origin for a number of years, there is a need for well educated and well trained engineers in this area. Public authorities, regulators and industry brought their support to this initiative. In 2001, the Belgian Nuclear Research Centre SCK CEN and five Belgian universities signed a consortium agreement to set up an education programme in nuclear engineering. This academic year, a sixth university, ULB, joined the programme. The universities involved are now: KUL (Leuven), UG (Ghent), VUB (Brussels), UCL (Louvain-la-Neuve), ULg (Liege) and ULB (Brussels). These seven partners have engaged themselves anew to provide students and young-professionals with a high-standard nuclear engineering programme. The BNEN academic programme is a one-year (60 ECTS) Master-after-Master programme open for holders of a Master degree in engineering. The programme consists of ten courses to be followed mandatory (41 ECTS), the opportunity to select a number of advanced courses at will (up to 4 ECTS worth) and a Master thesis (15 ECTS). The subjects of the courses range form nuclear physics, nuclear reactor theory, nuclear thermo hydraulics to reactor plant operation and control, radiation protection and safeguards and nuclear materials. It also includes courses on nuclear energy and the nuclear fuel cycle. All courses are given in a modular fashion, i.e. the students get a course in the duration of one up to three weeks of continuous lectures and lab sessions. Attention is indeed paid to the fact that most courses are not only theoretical ones, but many of them have exercise sessions and laboratory sessions associated with them. These sessions are organised and thought by the scientific staff at SCK CEN. The number of students enrolling for the BNEN has seen a serious growth since the start of the initiative. The programme does not serve only 'full-time' students, i.e. people having

  12. Pedometer-Determined Physical Activity and Its Comparison with the International Physical Activity Questionnaire in a Sample of Belgian Adults

    Science.gov (United States)

    De Cocker, Katrien; Cardon, Greet; De Bourdeaudhuij, Ilse

    2007-01-01

    Pedometer-determined physical activity (PA) levels in Belgian adults were provided and compared to PA scores reported in the International Physical Activity Questionnaire (IPAQ). The representative sample (N = 1,239) of the Belgian population took on average 9,655 (4,526) steps/day. According to pedometer indices 58.4% were insufficiently active.…

  13. The potential growth of the Belgian economy and its determinants

    OpenAIRE

    Rigo, C.

    2005-01-01

    The potential growth path of the economy is at the centre of various fundamental economic questions, particularly in connection with the conduct of monetary policy and the management of public finances. It also determines the progress of living standards, so that the adverse population prospects confronting the European economies have rekindled interest in the subject. The first chapter of the article reports on the developments recorded over the past twenty years, using a method derived from...

  14. A survey of bacteria found in Belgian dairy farm products

    Directory of Open Access Journals (Sweden)

    N'Guessan, E.

    2015-01-01

    Full Text Available Description of the subject. Due to the potential hazards caused by pathogenic bacteria, farm dairy production remains a challenge from the point of view of food safety. As part of a public program to support farm diversification and short food supply chains, farm dairy product samples including yogurt, ice cream, raw-milk butter and cheese samples were collected from 318 Walloon farm producers between 2006 and 2014. Objectives. Investigation of the microbiological quality of the Belgian dairy products using the guidelines provided by the European food safety standards. Method. The samples were collected within the framework of the self-checking regulation. In accordance with the European Regulation EC 2073/2005, microbiological analyses were performed to detect and count Enterobacteriaceae, Listeria monocytogenes, Salmonella spp., Escherichia coli and Staphylococcus aureus. Results. Even when results met the microbiological safety standards, hygienic indicator microorganisms like E. coli and S. aureus exceeded the defined limits in 35% and 4% of butter and cheese samples, respectively. Unsatisfactory levels observed for soft cheeses remained higher (10% and 2% for S. aureus and L. monocytogenes respectively than those observed for pressed cheeses (3% and 1% and fresh cheeses (3% and 0% (P ≥ 0.05. Furthermore, the percentages of samples outside legal limits were not significantly higher in the summer months than in winter months for all mentioned bacteria. Conclusions. This survey showed that most farm dairy products investigated were microbiologically safe. However, high levels of hygiene indicators (e.g., E. coli in some products, like butter, remind us of applying good hygienic practices at every stage of the dairy production process to ensure consumer safety.

  15. Compliance of Companies with Corporate Governance Codes: Case Study on Listed Belgian

    Directory of Open Access Journals (Sweden)

    Sven H. De Cleyn

    2014-09-01

    Full Text Available Listed and large companies become increasingly subject to internal and external pressure to comply with ethical and social standards. This article focuses on one aspect of this matter, namely the corporate governance issue. Within the framework of recent corporate scandals, this paper investigates whether and to which extent Belgian publicly listed SMEs comply with the Belgian Code on Corporate Governance after its first year of introduction, which has been constituted in the framework of the European Action Plan on Corporate Governance.In a sample of 78 Belgian listed SMEs, the compliance with the Code is analysed. After its first year of introduction, companies comply with on average 70% of the Code’s provisions. The most problematic topics in terms of disclosure of information seem to relate to (individual remuneration, private information and content of shareholders’ meetings.

  16. Financing and insurance problems

    International Nuclear Information System (INIS)

    The author analyses the papers presented at the Paris Conference on the maturity of nuclear energy. It is evident that financing possibilities will be a determinant factor in the rate of development of nuclear power during the years to come. After having evaluated the capital requirements necessitated for the development of nuclear programmes, the parties intervening have examined the means at the disposal of electricity manufacturers to meet these needs (self-financing, recourse to external financing, regrouping, on an international scale of the electricity manufacturers of the setting up of high capacity plants). As concerns the insurance problems, they are becoming more and more involved as nuclear applications, are further diversified and intensified. The parties intervening have discussed new tarification techniques likely to be applied and pointed out the possibilities offered by regrouping or pooling of insurers (Market Pool) which allow for a maximum of risks to be covered without exceeding the means proper to each company concerned

  17. Non-destructive method for internal quality determination of belgian endive (cichorium intybus l.)

    OpenAIRE

    De Baerdemaeker J.; Quenon V.

    2000-01-01

    A method and process were developed to nondestructively measure the length of the floral stalk in Belgian endive Cichorium intybus L. Current X-ray technology proved to be a feasible method. A detection algorithm was developed based on the minimal transmitted intensities along the length. The method is very accurate with an absolute precision of 4.9 mm and allows the study of the influence of storage conditions and time on the Belgian endive internal quality. The growth of the floral stalk is...

  18. Core and fuel feasibility study for improved flexibility on the Belgian Nuclear Power Plants

    International Nuclear Information System (INIS)

    A feasibility study has been performed for extended power modulations on Belgian NPPs. The goal is to make the existing nuclear power units in Belgium more flexible without implementing hardware modifications and guaranteeing safety at all times. As the critical part of the feasibility study, the impacts on the core behaviour and fuel performance have been studied in detail. It is concluded that all existing fuels loaded in the Belgian plants allow up to 30 power modulations per fuel cycle without changing the currently applied fuel cycle management. This is also supported by the extensive experience feedback of the fuel products for flexible operations in European countries. (author)

  19. Sand dynamics along the Belgian coast based on airborne hyperspectral data and lidar data

    OpenAIRE

    Deronde, B; Houthuys, R.; Sterckx, S.; Fransaer, D.

    2005-01-01

    The goal of this project was to explore the possibilities of airborne hyperspectral data and airborne lidar data to study sand dynamics on the Belgian backshore and foreshore. The Belgian coast is formed by a sandy strip at the southern edge of the North Sea Basin which is commonly known as the Southern Bight. Since the beach is prone to structural and occasional erosion, it is very important to obtain a better understanding of the processes controlling it. The combination of multi-temporal h...

  20. A faunistic survey of the Belgian marine molluscs: a first progress report

    OpenAIRE

    Backeljau, T.

    1988-01-01

    A first step towards the compilation of a critical faunistic inventory of the Belgian marine mollusks, was the publication of a preliminary nomenclatural list in 1986. This list mentioned 136 species which until then bad been recorded alive in Belgium. Yet, such records do not necessarily mean that the species involved actually belong to our fauna. Hence, the next thing to do, was to start a more profound survey of the Belgian marine malacofauna in order to determine which species form well-e...

  1. Positioning hospitals for improved access to capital.

    Science.gov (United States)

    Ponton, Kevin T; Sandrick, Karen M

    2002-11-01

    Hospitals need to actively position themselves in the next 18 to 24 months to ensure continued access to financing. Hospitals need to shift their focus from investment income to operations. Hospitals should recognize the importance of balance-sheet liquidity to institutional investors. Not-for-profit hospitals should focus on both sides of the balance sheet. Healthcare executives need to develop effective leadership and investor-relations skills. PMID:12656030

  2. Whither Multilateral Development Finance?

    OpenAIRE

    Wihtol, Robert

    2014-01-01

    Multilateral development finance is at a critical juncture. In the past 70 years, it has developed through four distinct stages. The Bretton Woods conference established the World Bank and the International Monetary Fund in 1944 to finance post-war reconstruction and stabilize the global economy. The second stage saw the establishment of regional development banks in the 1950s and 1960s. This was followed by the emergence of subregional banks. In the fourth stage, from the mid-1970s to the 20...

  3. Rethinking SMEs’ Financing Predicament

    Institute of Scientific and Technical Information of China (English)

    2009-01-01

    A waveofsharpcriticism has been aimed atthebanks concerning the difficulties for China’ss mallandmedium-sized enterprises(SMEs)in acquiring financing,whilethe Central Government began to strongly urge banks to provide loans for SMEs.Shouldall SMEs be financed while the bankst ake theblame?Is there anyother viable way to pull SMEs outof the financial predicament?Qiu Haiping,a professor with the School of Economics at Renmin University of China,recentlye xamined the issue and offered insights in the Guangming Daily.Edited excerpts follow

  4. Guidebook to Geothermal Finance

    Energy Technology Data Exchange (ETDEWEB)

    Salmon, J. P.; Meurice, J.; Wobus, N.; Stern, F.; Duaime, M.

    2011-03-01

    This guidebook is intended to facilitate further investment in conventional geothermal projects in the United States. It includes a brief primer on geothermal technology and the most relevant policies related to geothermal project development. The trends in geothermal project finance are the focus of this tool, relying heavily on interviews with leaders in the field of geothermal project finance. Using the information provided, developers and investors may innovate in new ways, developing partnerships that match investors' risk tolerance with the capital requirements of geothermal projects in this dynamic and evolving marketplace.

  5. Attitude of a group of Belgian stakeholders towards proposed agricultural countermeasures after a radioactive contamination: synthesis of the discussions within the Belgian EC-FARMING group

    International Nuclear Information System (INIS)

    In the case of radioactive contamination of the environment with an impact on the food chain, the remediation strategy will not only be based on scientific knowledge and technical experience, but will also be dictated by peculiarities of the country. These characteristics include the agro-industrial structure, the local and international economical contexts and the political configuration including the distribution of responsibilities and competencies. This paper identifies and illustrates the most relevant characteristics of the Belgian agricultural system and political environment; it also describes the past experience with food chain contamination, which is expected to influence the attitude of Belgian stakeholders, who would be involved in the setting up of countermeasure strategies for maintaining agricultural production and food safety. The picture drawn explains why several countermeasures aiming to reduce the contamination in food products, although scientifically sound and technically feasible, are hardly acceptable or even not acceptable at all, to the stakeholders

  6. Project financing versus corporate financing under asymmetric information

    OpenAIRE

    Anton Miglo

    2008-01-01

    In recent years financing through the creation of an independent project company or financing by non-recourse debt has become an important part of corporate decisions. Shah and Thakor (JET, 1987) argue that project financing can be optimal when asymmetric information exists between firm's insiders and market participants. In contrast to that paper, we provide an asymmetric information argument for project financing without relying on corporate taxes, costly information production or an assump...

  7. [The founding of Zemun Hospital].

    Science.gov (United States)

    Milanović, Jasmina; Milenković, Sanja; Pavlović, Momcilo; Stojanović, Dragos

    2014-01-01

    This year Zemun Hospital--Clinical Hospital Center Zemun celebrates 230th anniversary of continuous work, thus becoming the oldest medical facility in Serbia.The exact date of the hospital founding has been often questioned in history. Various dates appeared in the literature, but the most frequent one was 25th of February 1784. Until now, the document which confirms this has never been published. This article represents the first official publication of the document which confirms that Zemun Hospital was indeed founded on this date. The first hospitals started emerging in Zemun when the town became a part of the Habsburg Monarchy. The first sanitary facility ever formed was the"Kontumac"--a quarantine established in 1730. Soon after, two more confessional hospitals were opened.The Serbian (Orthodox) Hospital was founded before 1769, whereas the German (Catholic) Hospital started working in 1758. Both hospitals were financed, amongst others, by the Town Hall--the Magistrate. In order to improve efficiency of these hospitals, a decision was made to merge them into a single City Hospital. It was founded on 25th February 1784, when the General Command ordered the Magistrate of Zemun to merge the financess of all existing hospitals and initiate the construction of a new building. Although financially united, the hospitals continued working in separate buildings over a certain period of time.The final, physical merging of these hospitals was completed in 1795. PMID:25233701

  8. The founding of Zemun Hospital

    Directory of Open Access Journals (Sweden)

    Milanović Jasmina

    2014-01-01

    Full Text Available This year Zemun Hospital - Clinical Hospital Center Zemun celebrates 230th anniversary of continuous work, thus becoming the oldest medical facility in Serbia. The exact date of the hospital founding has been often questioned in history. Various dates appeared in the literature, but the most frequent one was 25th of February 1784. Until now, the document which confirms this has never been published. This article represents the first official publication of the document which confirms that Zemun Hospital was indeed founded on this date. The first hospitals started emerging in Zemun when the town became a part of the Habsburg Monarchy. The first sanitary facility ever formed was the “Kontumac” - a quarantine established in 1730. Soon after, two more confessional hospitals were opened. The Serbian (Orthodox Hospital was founded before 1769, whereas the German (Catholic Hospital started working in 1758. Both hospitals were financed, amongst others, by the Town Hall - the Magistrate. In order to improve efficiency of these hospitals, a decision was made to merge them into a single City Hospital. It was founded on 25th February 1784, when the General Command ordered the Magistrate of Zemun to merge the financess of all existing hospitals and initiate the construction of a new building. Although financially united, the hospitals continued working in separate buildings over a certain period of time. The final, physical merging of these hospitals was completed in 1795. [Projekat Ministarstva nauke Republike Srbije, br. 47030

  9. Financing social housing

    Czech Academy of Sciences Publication Activity Database

    Amann, W.; Hegedüs, J.; Lux, Martin; Springler, E.

    New York/Londýn: Routledge, 2013 - (Hegedüs, J.; Lux, M.; Teller, N.), s. 50-64 ISBN 978-0-415-89014-4 R&D Projects: GA ČR GA403/09/1915 Institutional research plan: CEZ:AV0Z70280505 Keywords : Housing finance * transition countries * social housing Subject RIV: AO - Sociology, Demography

  10. Financing emerging energies

    International Nuclear Information System (INIS)

    This paper discusses the financing of emerging energies in Canada. Transforming energy markets will involve billions of dollars of investment from businesses and residents. Many different types of return on investment can be expected. These benefits will continue to grow over time and provide a permanent income

  11. Malliavin calculus in finance

    OpenAIRE

    Kohatsu, Arturo; Miquel, Montero

    2003-01-01

    This article is an introduction to Malliavin Calculus for practitioners. We treat one specific application to the calculation of greeks in Finance. We consider also the kernel density method to compute greeks and an extension of the Vega index called the local vega index.

  12. Filtering in Finance.

    OpenAIRE

    Lautier, Delphine; Javaheri, Alireza; Galli, Alain

    2003-01-01

    In this article we present an introduction to various Filtering algorithms and some of their applications to the world of Quantitative Finance. We shall first mention the fundamental case of Gaussian noises where we obtain the well-known Kalman Filter. Because of common nonlinearities, we will be discussing the Extended Kalman Filter.

  13. Jamaica School Finance

    OpenAIRE

    World Bank

    2012-01-01

    Although the availability of financial resources does not guarantee quality education, it is impossible to achieve this goal without adequate resources which often come from public sources. Understanding how to use resources for education wisely should thus be a top priority for education policymakers. Systems approach for better education results (SABER) school finance informs this conver...

  14. Campaign Finance: Reporter Guide

    Science.gov (United States)

    Wieder, Ben

    2014-01-01

    Campaign finance might seem like the exclusive province of political reporters, but there are many good reasons why authors should be paying attention--both in races for education positions and in other key races at the local, state, and federal levels with implications for education. Basic math is a necessary skill and familiarity with a…

  15. Specialized financing techniques

    International Nuclear Information System (INIS)

    Specific financing techniques applicable to wind energy projects in Canada are discussed. A limited partnership is the classic Canadian approach to tax-advantaged financing. For a typical wind project, the limited partners would get an internal rate of return of around 8% over 20 years as well as income tax deductions on Class 34 investments. This rate can be improved if the investors borrow some of the money; they get tax-free cash flow while having deductible loan interest, raising their rate of return after taxes to ca 9-10%. Special situation investors can get to take all of the Class 34 deduction right away, raising their return up to the 12% range. These investors include principal business corporations (such as utilities or oil companies), or companies who have sold their business. A second type of financing structure is related to inflation-indexed debt. The loan is structured like a mortgage, with the annual payments indexed to inflation but nevertheless low enough to provide an early positive cash flow from the project. Other possible financing structures are the immigrant investor fund and the provincial incentive corporations

  16. Financing Public Library Construction.

    Science.gov (United States)

    Rohlf, Robert H.; Stoffel, Lester L.

    1987-01-01

    Reviews financing options available to Illinois public libraries for construction or expansion, including general obligation bonds, mortgage funds, building reserve funds, building fund levies, lease back arrangements, sale of air or ground development rights, interest on special funds, gift funds and grants, Library Service and Construction Act…

  17. Financing a nuclear programme

    International Nuclear Information System (INIS)

    Nuclear power plant construction projects have many characteristics in common with other types of large infrastructure investment, both within the power generation sector and elsewhere. However, nuclear power itself has special features that can make nuclear financing particularly challenging. These features include the high capital cost, the relatively long period required to recoup investments, the often controversial nature of nuclear projects. The need for clear solutions and financing schemes for radioactive waste management and decommissioning and the need for nuclear power plants to operate at high capacity factors, preferably under base load conditions. During the previous major expansion of nuclear power in the 1970 and 1980, many nuclear projects suffered very large construction delays and cost overruns. The legacy of such problems increases the risks perceived by potential investors. A recent study undertaken jointly by the Iea and the Nea showed that the competitiveness of nuclear power strongly depends on the cost of financing due to the high share of fixed capital costs in the total lifetime costs of nuclear power. A key issue in this context is the long-term predictability of carbon pricing arrangements, which, for the time being and despite positive evolutions in this respect, most notably in Europe, does not yet exist. This paper will consider how the risks can be mitigated and examine in detail various models for corporate finance and the role of government assistance in providing a suitable financial basis. (Author)

  18. Copulas for finance

    OpenAIRE

    Bouye, Eric; Durlleman, Valdo; Nikeghbali, Ashkan; Riboulet, Gaël; Roncalli, Thierry

    2000-01-01

    Copulas are a general tool to construct multivariate distributions and to investigate dependence structure between random variables. However, the concept of copula is not popular in Finance. In this paper, we show that copulas can be extensively used to solve many financial problems.

  19. Financing of Renewable Energy Projects

    International Nuclear Information System (INIS)

    The paper describes the role of the Banco Centroamericano de Integracion Economica in financing renewable energy projects in Central America. Also decribes the different financing modes to the goverment and private sectors

  20. From Finance Capitalism to Financialization

    DEFF Research Database (Denmark)

    Hansen, Per H.

    2014-01-01

    In this article I interpret 150 years of financial history with a focus on shifts in the role of finance in society. I argue that over time the role of finance has shifted twice from that of servant to that of master of society, and that this process has been driven by sense making through...... narratives that legitimized and shaped these changes. When finance became a master rent seeking, cultural capture and out-of control financial innovation resulted in financial and social instability. Finance as a master was the characteristic of finance capitalism from around 1900......–1931 and of financialization from around 1980 to today. Finance capitalism and financialization were enabled by a dominant narrative that legitimized the power of finance. The shifts in the role of finance happened when crises undermined the meaning of the existing narrative and created for a new narrative able to make sense...

  1. ISLAMIC FINANCE – UNDERGRADUATE EDUCATION

    OpenAIRE

    TAHIR, SAYYID

    2009-01-01

    Islamic finance literacy has become critical for the future growth of the Islamic financial sector in the twenty-first century. While a multi-pronged approach is called for, the focus in this paper is on the undergraduate programs in Islamic banking and finance. It analyses the state of teaching of Islamic banking and finance at the undergraduate level and proposes solutions for improving the undergraduate education of Islamic banking and finance.

  2. The Challenge of Islamic Finance

    OpenAIRE

    Sheng, Andrew; Singh, Ajit

    2012-01-01

    From its humble beginnings in the 1990s, Islamic finance has become a trillion US dollar industry. The market consensus is that Islamic finance has a bright future due to favourable demographics and rising incomes in the Muslim community. Moreover, despite voices sceptical of an accommodation between Islamic and global finance, leading global banks are buying Islamic bonds and forming subsidiaries specially to conduct Islamic finance business. Special laws have been passed in non-Muslim fi...

  3. An Overview of Islamic Finance

    OpenAIRE

    Mumtaz Hussain; Asghar Shahmoradi; Rima Turk

    2015-01-01

    Islamic finance has started to grow in international finance across the globe, with some concentration in few countries. Nearly 20 percent annual growth of Islamic finance in recent years seems to point to its resilience and broad appeal, partly owing to principles that govern Islamic financial activities, including equity, participation, and ownership. In theory, Islamic finance is resilient to shocks because of its emphasis on risk sharing, limits on excessive risk taking, and strong link t...

  4. Private finance and public policy

    OpenAIRE

    Garry J. Schinasi

    2006-01-01

    This paper articulates a logical foundation-drawn from disparate literatures-for understanding why safeguarding financial stability is an important economic policy objective. The paper also explains why private aspects of finance provide broader social economic benefits and have the characteristics of public goods. Unique aspects of finance are examined, as are the linkages between finance, money, and the real economy. Sources of market imperfections in finance are identified and their implic...

  5. FINANCING DECISION AND CORPORATE GOVERNANCE

    OpenAIRE

    ANDREI STANCULESCU; DAN NICOLAE IVANESCU; PETRE BREZEANU

    2011-01-01

    This paper sustains the existence of a biunivocal link between a company’s financing decision and the corporate governance. On the one hand, the financing decision has an impact on corporate performance, which has been confirmed. According to the agency theory, the financing decision will contribute to solving interest conflicts between shareholders and managers. On the other hand, the corporate governance mechanism provides the proper contractual framework for attracting financing resources....

  6. Projects Financing from EU Funds

    OpenAIRE

    Prokešová, Lenka

    2011-01-01

    The diploma thesis is evaluating financing of certain project from EU funds and further comparison with other financing methods. At the end there is final evaluation if financing of this project can be sourced from EU funds. In theoretical part of work there are characteristics of structural and regional policies with financing from EU funds. Focus is for Operational Program Enterprise and Innovations, Program of support development. In practical part there is continuation of company introduc...

  7. Impact: What Influences Finance Research?

    OpenAIRE

    Tom Arnold

    2003-01-01

    Which journal articles have had the most impact on finance research? Which journals dominated finance research in the 1990s? We answer these and similar questions using a comprehensive sample of journals, an extensive time period, and a new ranking method that avoids problems inherent in the existing literature. Among our findings: six of the 10 articles most highly cited by finance journals were published in econometrics or economics journals; Journal of Finance has the most citations, but i...

  8. FacilitiesHospitals_HOSPITAL

    Data.gov (United States)

    Vermont Center for Geographic Information — This datalayer contains point locations of all major community, regional, comprehensive health, and healthcare provider hospitals in the state of Vermont. The...

  9. Can metacognition compensate for intelligence in the first year of Belgian higher education?

    NARCIS (Netherlands)

    Minnaert, A

    1996-01-01

    This study reports on the effects of metacognitive knowledge and skills compensating for intelligence in relation to academic performance in the first year of Belgian higher education. About 600 freshmen of educational sciences, medicine and psychology participated in this project. Tasks and questio

  10. Comparing Compositional Effects in Two Education Systems: The Case of the Belgian Communities

    Science.gov (United States)

    Danhier, Julien; Martin, Émilie

    2014-01-01

    The Belgian educational field includes separate educational systems reflecting the division of the country into linguistic communities. Even if the French-speaking and the Dutch-speaking communities keep sharing important similarities in terms of funding rules and structures, they present a huge gap between their respective pupils'…

  11. Clonal Expansion of the Belgian Phytophthora ramorum Populations Based on New Microsatellite Markers

    Science.gov (United States)

    Coexistence of both mating types A1 and A2 within the EU1 lineage of Phytophthora ramorum has only been observed in Belgium, begging the question whether sexual reproduction is occurring. A collection of 411 Belgian P. ramorum isolates was established during a seven year survey. Our main objective w...

  12. Osteochondrosis of the occipital condyles and atlanto-occipital dysplasia in a Belgian horse

    OpenAIRE

    Muirhead, Tammy; McClure, J.T.; Bourque, Andrea; Pack, LeeAnn

    2003-01-01

    A lesion in the cervical region of a 14-month-old Belgian gelding with severe ataxia was suspected. Necropsy revealed symmetric focal cartilage defects compatible with osteochondrosis of the occipital condyles and atlanto-occipital dysplasia. To our knowledge this is the first equine report of symmetrical osteochondrosis of the occipital condyles causing neurologic signs.

  13. Chikungunya infection confirmed in a Belgian traveller returning from Phuket (Thailand)

    OpenAIRE

    Bottieau, E; Van Esbroeck, M.; Cnops, L.; Clerinx, J; van Gompel, A.

    2009-01-01

    Chikungunya infection has been increasingly reported in international travellers following its epidemic re-emergence in the Indian Ocean islands in 2006 and its spread to southern Asia thereafter. We describe the first case of chikungunya in a Belgian traveller returning from Phuket, Thailand and discuss the potential implications of chikungunya cases imported to European countries for patient management and public health.

  14. Speaking Turkish in Belgian primary schools: teacher beliefs versus effective consequences

    NARCIS (Netherlands)

    O. Ağırdağ; K. Jordens; M. Van Houtte

    2014-01-01

    In this mixed-method study, we explore teachers’ beliefs concerning the use of the Turkish language by Turkish children in Belgian primary schools, and we compare these findings with the effective consequences of language maintenance. The qualitative analyses revealed that teachers have very negativ

  15. Mechanical testing and microstructural characterization of pressure vessel at decommissioned Belgian BR3 Plant

    International Nuclear Information System (INIS)

    The objective of this paper was a discussion of a proposal to perform mechanical testing and microstructural characterization of the annealed reactor vessel of the Belgian BR-3 reactor. Motivation for this effort was discussed, and a preliminary cost estimate for some of the tasks was also presented

  16. Information,Informal finance,and SME financing

    Institute of Scientific and Technical Information of China (English)

    LIN Justin Yifu; SUN Xifang

    2006-01-01

    Informal finance exists extensively and has been playing an important role in small-and medium-sized enterprise (SME) financing in developing economies,This paper tries to rationalize the extensiveness of informal finance.SME financing suffers more serious information asymmetry to the extent that most SMEs are more opaque and can only provide less collateral.Informal lenders have an advantage over formal financial institutions in collecting "soft information" about SME borrowers.This paper establishes a model including formal and informal lenders and high-and low-risk borrowers with or without sufficient collateral and shows that the credit market in which informal finance is eliminated will allocate funds in some inefficient way,and the efficiency of allocating credit funds can be improved once informal finance is allowed to coexist with formal finance.

  17. Measuring horizontal inequity in health care using Belgian panel data

    NARCIS (Netherlands)

    T.G.M. van Ourti (Tom)

    2002-01-01

    textabstractWe estimate the determinants of utilisation of physician and hospital services in Belgium using four different regression techniques. We apply a one- and two-part panel count data model, and a one- and two part cross-section count data model. We conclude that the two-part panel count dat

  18. Project financing renewable energy schemes

    International Nuclear Information System (INIS)

    The viability of many Renewable Energy projects is critically dependent upon the ability of these projects to secure the necessary financing on acceptable terms. The principal objective of the study was to provide an overview to project developers of project financing techniques and the conditions under which project finance for Renewable Energy schemes could be raised, focussing on the potential sources of finance, the typical project financing structures that could be utilised for Renewable Energy schemes and the risk/return and security requirements of lenders, investors and other potential sources of financing. A second objective is to describe the appropriate strategy and tactics for developers to adopt in approaching the financing markets for such projects. (author)

  19. The Centrality of Finance

    OpenAIRE

    Tabb, William K.

    2015-01-01

    In the contemporary conjuncture financialization is driving a fundamentalreorganization of American capitalism and increasingly that of other economiessignificantly impacting the trajectory of the world-system. This paper interrogates the nature and extent of financialization, the ways it is adding to systemic risk with attention to the future of the dollar, and implications for the relationship between US based finance and new emerging centers of the world-system.

  20. The Centrality of Finance

    Directory of Open Access Journals (Sweden)

    William K. Tabb

    2015-08-01

    Full Text Available In the contemporary conjuncture financialization is driving a fundamentalreorganization of American capitalism and increasingly that of other economiessignificantly impacting the trajectory of the world-system. This paper interrogates the nature and extent of financialization, the ways it is adding to systemic risk with attention to the future of the dollar, and implications for the relationship between US based finance and new emerging centers of the world-system.

  1. Mathematical Models in Finance

    OpenAIRE

    Halim Kazan; Ahmet Ergülen

    2005-01-01

    Finance is the corner stone of the free enterprise system. Good financial management is therefore vitally important to the economic health of business firms, and thus the nation and the world. The field is relatively complex, and it is undergoing constant change in response to shifts in economic conditions say Brigham and Gapenski in the introduction of their Financial Management book (Brigham, Eugene F., Gapenski, Louis C 1994). As they said the field is relatively complex since most of the ...

  2. Innovation, Trade and Finance

    OpenAIRE

    Egger, Peter; Keuschnigg, Christian

    2010-01-01

    This paper proposes a model where heterogeneous firms choose whether to undertake R&D or not. Innovative firms are more productive, have larger investment opportunities and lower own funds for necessary tangible continuation investments than non-innovating firms. As a result, they are financially constrained while standard firms are not. The efficiency of the financial sector and a country's institutional quality relating to corporate finance determine the share of R&D intensive firms and the...

  3. Islamic finance in Europe

    OpenAIRE

    WILSON, RODNEY

    2013-01-01

    Islam all too often resonates negatively in Europe, with a great part of non-Muslim public opinion uncomfortable with Islamic culture and values. Secular and Christian opinion is at best suspicious of shariah, Islamic law, and indeed often antagonistic. The notion of wanting to apply shariah principles to banking and finance is treated with scepticism if not outright hostility, especially as there is no concept of Christian or Jewish banking, even if there are some parallels between shariah f...

  4. When Art & Finance Collide

    Institute of Scientific and Technical Information of China (English)

    Yu Lintao

    2011-01-01

    CHINA'S art market is on fire.As sales and prices break records,a new force has appeared in the market-organized art finance in the form of art trust funds and artwork exchanges.It was reported that the anonymous winner of the bid for the Song Dynasty calligraphy work Dizhuming by Huang Tingjian (1045-1105).which was sold for a staggering 436.

  5. Financing Vocational Education

    OpenAIRE

    DURNALI, Mehmet

    2015-01-01

    The aim of this study is to establish a framework for the financing of Turkey's vocational education system. The literature review is conducted for this study. In addition, one to one consultation with relevant experts from General Directorate of Vocational and Technical Education (of Ministry of National Education, Republic of Turkey) is executed and related regulations, circulars and laws are identified. Moreover, the recent restructuring of vocational training and the student's educational...

  6. Financing ASEAN Connectivity

    OpenAIRE

    Fauziah ZEN; Regan, Michael

    2013-01-01

    This report gives deeper insights on how the infrastructure development is being funded in different ASEAN Member States (AMSs) for ASEAN Connectivity. In this regards, the Public-Private Partnership (PPP) Program is also seen as one way to help build the infrastructure in ASEAN. The AMSs are having different levels of infrastructure policy, financing method and financial capacity. The PPP Program has been significantly developed and utilized in Malaysia, Indonesia, Thailand and the Philippin...

  7. Financing Old Age Dependency

    OpenAIRE

    Shinichi Nishiyama; Kent Smetters

    2014-01-01

    Baby boomers are now retiring in large numbers, and most do not have enough assets of their own to finance retirement. Social insurance programs help baby boomers afford retirement, but these programs are substantially underfunded. Reforming these institutions earlier will produce fewer distortions than continued delays. Several options also exist for helping households prepare for their own retirement: improving financial literacy, more opt-out defaults, better guidance about the value of de...

  8. Finance and Balanced Growth

    OpenAIRE

    Trew, Alex

    2010-01-01

    We study the relationships between various concepts of financial development and balanced economic growth. A model of endogenous growth that incorporates roles for both financial efficiency and access to financial services permits a better understanding of the relationship between the size of the financial sector (value added) and growth. Higher financial value added results from some, but not all, kinds of finance-driven growth. If greater access rather than greater efficiency generates high...

  9. Financing Public Service Broadcasting

    DEFF Research Database (Denmark)

    Berg, Christian Edelvold; Lund, Anker Brink

    2012-01-01

    Recently several European countries have abolished the traditional public service licence fee system, replacing it with direct public funding. But except for Iceland, the Nordic countries have not followed suit. The article discusses this development within a comparative framework of Public Service...... Broadcasting (PSB) financing regimes in Europe, concluding that Denmark, Finland, Iceland, Norway, and Sweden may still be considered conventional, licence fee PSB countries, but with some interesting differences in relation to competitive and market oriented alternatives of resource provision...

  10. [Dilemmas of health financing].

    Science.gov (United States)

    Herrera Zárate, M; González Torres, R

    1989-01-01

    The economic crisis had had a profound effect on the finances of health services in Mexico. The expenditure on health has decreased, both in absolute terms and in relation to the national gross product. Funding problems have been aggravated by inequities in budget distribution: social security institutions have been favored; geographical distribution of resources is concentrated in the central areas of the country and in the more developed states, and curative health care has prevailed over preventive medicine. Administrative inefficiency hinders even more the appropriate utilization of resources. Diversification of funding sources has been proposed, through external debt, local funding, and specific health taxing. But these proposals are questionable. The high cost of the debt service has reduced international credits as a source of financing. Resource concentration at the federal level, and the different compromises related to the economic solidarity pact have also diminished the potentiality of local state financing. On the other hand, a special health tax is not viable within the current fiscal framework. The alternatives are a better budget planning, a change in the institutional and regional distribution of resources, and improvement in the administrative mechanisms of funding. PMID:2697097

  11. 25 CFR 170.300 - May tribes use flexible financing to finance IRR transportation projects?

    Science.gov (United States)

    2010-04-01

    ... 25 Indians 1 2010-04-01 2010-04-01 false May tribes use flexible financing to finance IRR... Financing § 170.300 May tribes use flexible financing to finance IRR transportation projects? Yes. Tribes may use flexible financing in the same manner as States to finance IRR transportation projects,...

  12. FacilitiesHospitals_HOSPITAL

    Data.gov (United States)

    Vermont Center for Geographic Information — This data layer contains point locations of all major community, regional, comprehensive health, and healthcare provider hospitals in the state of Vermont. The...

  13. Hospitals; hospitals13

    Data.gov (United States)

    University of Rhode Island Geospatial Extension Program — Hospital Facilities information was compiled from several various sources. Main source was the RI Department of Health Facilities Regulation database, License 2000....

  14. Relationship finance, market finance and endogenous business cycles

    OpenAIRE

    Deidda, Luca Gabriele; Fattouh, Bassam

    2010-01-01

    This paper develops an overlapping generation model with asymmetric information in the credit market such that the interplay between relationship finance supplied by investors who monitor investment decisions ex-ante and market finance supplied by investors who relay on public information can be the source of endogenous business fluctuations. Monitoring helps reducing the inefficiency caused by moral hazard. However, the incentives of entrepreneurs to demand relationship finance to induce mon...

  15. Is Islamic Finance ethical finance? Principles and Stakeholder Responsibilities

    OpenAIRE

    Hamzah, Shariza

    2011-01-01

    With the recent global financial crisis and the many scandals that have happened of late, there is a need for an ethical finance system. Reports have mentioned and concluded that Islamic financial institutions were the least to be affected, with more than US$800 billion worth of deposits and investments lodged, Islamic banks, mutual funds, insurance schemes, and Islamic branches of conventional banks (Hesse et al, 2008). Would it be fair then to say that Islamic finance is ethical finance? T...

  16. Suspended Particulate Matter (SPM) mapping from MERIS imagery. Calibration of a regional algorithm for the Belgian coastal waters

    OpenAIRE

    B. Nechad; De Cauwer, V.; PARK, Y.; Ruddick, K. G.

    2003-01-01

    A hydro-optical algorithm based on reflectance at 555nm has been used in the past for suspended particulate matter concentrations (SPM) retrieval from SeaWiFS over the Belgian coastal (case II) waters in Southern North Sea. The extra spectral resolution of MERIS offers the possibility of improvements, though necessitates algorithm recalibration. This study presents the calibration of the hydro-optical model used to derive SPM from MERIS reflectance for Belgian coastal waters. The model is bas...

  17. Adapting to the system or the student? Exploring teacher adaptations to disadvantaged students in an English and Belgian secondary school

    OpenAIRE

    Stevens, Peter; Van Houtte , Mieke

    2011-01-01

    This article builds on research on teacher adaptations to students by exploring how a Belgian and English national context influence teachers’ definitions of educational success, their explanations of educational failure and allocation of scarce educational resources to disadvantaged students. Ethnographic data from one Flemish (Belgian) and one English secondary, multicultural school suggest that teachers in both schools adapt their expectations to students in line with the perceived ability...

  18. Revenue risk and price transparency in hospital-based laboratories.

    Science.gov (United States)

    Myers, Jeffrey H

    2015-11-01

    Two developments with important revenue implications for hospital laboratories demand the attention of hospital finance leaders: > Significant differences in pricing between higher-priced hospital-based laboratory services and lower-priced services delivered by commercial laboratories give patients a disincentive to use the hospital-based services. > Hospital operating revenue will be substantially affected beginning in 2017 by deep, statutory cuts in payment for the highest-volume tests on the Part B Clinical Laboratory Fee Schedule. PMID:26685443

  19. Asset Pricing Implications of Firms' Financing Constraints

    OpenAIRE

    Gomes, Joao F; Yaron, Amir; Zhang, Lu

    2002-01-01

    We incorporate costly external finance in a production based asset pricing model and investigate whether financing frictions are quantitatively important for pricing a cross-section of expected returns. We show that the common assumptions about the nature of the financing frictions are captured by a simple ‘financing cost’ function, equal to the product of the financing premium and the amount of external finance. This approach provides a tractable framework to examine the role of financing fr...

  20. Synthetic real estate: bringing corporate finance to health care.

    Science.gov (United States)

    Varwig, D; Smith, J

    1998-01-01

    The changing landscape of health care has caused hospitals, health care systems, and other health care organizations to look for ways to finance expansions and acquisitions without "tainting" their balance sheets. This search has led health care executives to a financing technique that has been already embraced by Fortune 500 companies for most of this decade and more recently adopted by high-tech companies: synthetic real estate. Select case studies provide examples of the more creative financial structures currently being employed to meet rapidly growing and increasingly complex funding needs. PMID:9612732

  1. Financing from ESF

    OpenAIRE

    Hromková, Radka

    2010-01-01

    The thesis „Financing from the ESF“ deals with a study and description of a policy of economic and social cohesion, further the European Social Fund, its incorporation in a structure of European Union funds, its objectives and benefits. The second part of this thesis is to supply readers with valuable information and useful advice on how to act when preparing a project drawing subsidies from the European Social Fund. In the practical part of the thesis, all knowledge is applied to a concrete ...

  2. F# for quantitative finance

    CERN Document Server

    Astborg, Johan

    2013-01-01

    To develop your confidence in F#, this tutorial will first introduce you to simpler tasks such as curve fitting. You will then advance to more complex tasks such as implementing algorithms for trading semi-automation in a practical scenario-based format.If you are a data analyst or a practitioner in quantitative finance, economics, or mathematics and wish to learn how to use F# as a functional programming language, this book is for you. You should have a basic conceptual understanding of financial concepts and models. Elementary knowledge of the .NET framework would also be helpful.

  3. My Life in Finance

    OpenAIRE

    Eugene F. Fama

    2011-01-01

    I was invited by the editors to contribute a professional autobiography to the Annual Review of Financial Economics. I focus on what I think is my best stuff. Readers interested in the rest can download my vita from the Web site of the University of Chicago, Booth School of Business. I only briefly discuss ideas and their origins to give the flavor of context and motivation. I do not attempt to review the contributions of others, which is likely to raise feathers. Mea culpa in advance. Financ...

  4. Secular Patterns in Corporate Finance

    OpenAIRE

    Robert A. Taggart, Jr.

    1981-01-01

    Trends in the financing of the corporate sector have been widely discussed in both business and academic circles. It is frequently argued, for example, that corporations' use of debt financing has increased dramatically in recent years. These discussions have been hampered, however, by the lack of a unified theoretical framework. In this paper, an attempt is made to develop such a framework using existing corporate finance theory and some extensions thereof. This theory is then used to interp...

  5. Financial Inclusion: Islamic Finance Perspective

    OpenAIRE

    Mirakhor, Abbas; Iqbal, Zamir

    2012-01-01

    Enhancing financial inclusion or access to finance can make critical contributions to the economic development. Conventional mechanisms such as micro-finance, small-medium-enterprises (SME), and micro-insurance to enhance financial inclusion have been partially successful in enhancing the access and are not without challenges. Islamic finance, based on the concept of risk-sharing offers set of financial instruments promoting risk-sharing rather than risk-transfer in the financial system. In a...

  6. Trade Finance Affects Trade Dynamics

    OpenAIRE

    ARESPA CASTELLÓ, Marta; Gruber, Diego

    2016-01-01

    Existent literature is by no means conclusive on the effects of trade finance on trade and the economy. We propose a suitable framework to explore the linkages between international trade and finance based on an international real business cycle model where firms require external finance to import and can be financially constrained. We find that credit shocks do affect the dynamic properties of the economy and they have the potential to cause significant deviations in trade and economic perfo...

  7. Trade finance: developments and issues

    OpenAIRE

    Bank for International Settlements

    2014-01-01

    This report - prepared by a Working Group chaired by John Clark (Federal Reserve Bank of New York) - examines the structure and recent evolution of the global trade finance market, and the interplay between changes in trade finance and international trade. In particular, it reviews the available data sources and what they reveal about the size and evolution of the market, sheds light on the performance and impact of trade finance during recent episodes of funding strains in global markets, an...

  8. ISTISNA‘ FINANCING OF INFRASTRUCTURE PROJECTS

    OpenAIRE

    ZARQA, MUHAMMAD ANAS

    1997-01-01

    Projects that do not generate explicit income cannot be possibly financed on a profit-sharing basis. A suitable interest-free alternative method of financing is presented here, based on istisna‘ sale contract (commissioned or pre-ordered productio). Various aspects of using istisna‘ as a financing tool for infrastructural projects are discussed, including: (a) the illiquidity of the resulting financial claims and its implications, (b) suitability for financial intermediaries, and (c) the poss...

  9. Survey of finance companies, 2000

    OpenAIRE

    Karen E. Dynan; Kathleen W. Johnson; Samuel M. Slowinski

    2002-01-01

    Against a backdrop of robust economic activity, the finance company sector expanded briskly over the second half of the 1990s. The value of receivables held by finance companies in the United States rose nearly 50 percent, or about 11 percent a year, between 1996 and 2000. Business lending remained finance companies' major line of activity; the importance to the sector of consumer lending and leasing declined slightly, and the importance of real estate lending rose a bit. These and other find...

  10. The Belgian experience on the backfitting and safety upgrading of old operating nuclear power plants

    International Nuclear Information System (INIS)

    The paper describes the methodology for backfitting and safety upgrading during the reevaluation of the Belgian NPP's: first generation (Doel-1, Doel-2, Tihange-1) and second generation plants (Doel-3, Doel-4, Tihange-2 and Tihange-3). A list of essential safety subjects and topics is given. The experience has proved the feasibility of a safety upgrading of operating NPP without injury to its availability, the benefit of a close cooperation between owner, engineering company and safety authorities throughout the project. A global approach to solving numerous specific deficiencies along with the optimization of the investments regarding the safety improvement of the NPP is suggested. Further increase of the know-how will be achieved through the present Belgian programme along with similar activities abroad. (R.I.)

  11. SAFIR-2 and the Belgian methodological R and D programme on deep disposal

    International Nuclear Information System (INIS)

    Peter de Preter (NIRAS/ONDRAF, Belgium) provided an overview of the Belgian programme of research and development on deep disposal. The planned submission in December 2001 of SAFIR 2 (the second Safety Assessment and Feasibility Interim Report) would mark an important milestone, as the report would inform a decision by the Belgian government on the nature of future research. An independent committee of scientists established by NIRAS/ONDRAF had reviewed a draft version of the report. The committee was generally in agreement with the technical R and D priorities proposed in the report but suggested that there should be more integration of technical and societal aspects. The committee also recommended that a future research programme should compare the option of deep disposal with other strategies for long-term management of radioactive wastes. It was suggested that a strategic environmental assessment might provide an appropriate mechanism for comparing alternative management strategies, and would enable societal dimensions also to be addressed

  12. Indirect financing can ease $ crunch

    Energy Technology Data Exchange (ETDEWEB)

    Healy, T.J.

    1978-06-01

    The electric utility industry is moving toward indirect financing as a more promising way to raise the $500 to $600 billion in capital needed for expansion. Techniques of indirect financing include forming generating companies and construction trusts, leveraged leasing, and fuel-inventory financing. Some of the new strategies include forming independent or regional multi-sponsor companies, funding refuse-derived fuel or co-generation projects, imposing all-events full cost-of-service tariffs, mandating and financing residential conservation programs, and loan guarantees.

  13. Sensitivity analyses of thermal bridges: confrontation with the new Belgian EPB-methodology

    OpenAIRE

    Delghust, Marc; Huyghe, Willem; Janssens, Arnold

    2011-01-01

    As governments continue to impose more and higher energetic requirements for buildings, they also need better assessment-tools to take into account as many parameters as possible. This results in continuous developments of new calculation methods and softwares, where a balance has to be found between practicality and accuracy. To answer this problem, specifically with regard to the thermal bridges, the three Belgian regions developed a new and common pragmatic approach for assessing therma...

  14. The Gay Men Sex Studies: prevalence of sexual dysfunctions in Belgian HIV+ gay men

    OpenAIRE

    Vansintejan J; Janssen J; Van De Vijver E; Vandevoorde J; Devroey D

    2013-01-01

    Johan Vansintejan, Joris Janssen, Erwin Van De Vijver, Jan Vandevoorde, Dirk Devroey Department of Family Medicine, Vrije Universiteit Brussel (VUB), Brussels, Belgium Abstract: The aim of this Internet-based survey was to investigate the prevalence and associated predictors of sexual dysfunctions in Belgian self-reported HIV-positive men who have sex with other men. Of the 72 participants, 56% had a mild-to-severe erectile dysfunction, and 15% reported a hypoactive sexual desire disorder. Th...

  15. The Gay Men Sex Studies: prevalence of sexual dysfunctions in Belgian HIV+ gay men

    OpenAIRE

    Vansintejan, Johan

    2013-01-01

    Johan Vansintejan, Joris Janssen, Erwin Van De Vijver, Jan Vandevoorde, Dirk Devroey Department of Family Medicine, Vrije Universiteit Brussel (VUB), Brussels, Belgium Abstract: The aim of this Internet-based survey was to investigate the prevalence and associated predictors of sexual dysfunctions in Belgian self-reported HIV-positive men who have sex with other men. Of the 72 participants, 56% had a mild-to-severe erectile dysfunction, and 15% reported a hypoactive sexual desire disorder. T...

  16. Average daily nitrate and nitrite intake in the Belgian population older than 15 years

    OpenAIRE

    Temme, Liesbeth; Vandevijvere, Stefanie Marie; Vinkx, Christine; Huybrechts, Inge; Goeyens, Leo; Van Oyen, Herman

    2011-01-01

    Abstract The aim of this study was to assess the dietary intake of nitrate and nitrite in Belgium. The nitrate content of processed vegetables, cheeses and meat products was analyzed. These data were completed by data from non-targeted official control and from literature. In addition, the nitrite content of meat products was measured. Concentration data for nitrate and nitrite were linked to food consumption data of the Belgian Food Consumption Survey. This study included 3245 res...

  17. Estimating an Ex Ante Cost Function for Belgian Arable Crop Farms

    OpenAIRE

    Hansen, Kristiana; Baudry, Alexandre; De Blander, Rembert; Frahan, Bruno Henry de; Polome, Philippe

    2009-01-01

    We estimate a farm-level cost function for Belgian crop farms using FADN data over the study period 1996-2006. We rely on an estimation of farmers' expected yields at the time cropping decisions are made rather than actual yields observed in the FADN data. The use of an ex ante cost function improves the cost function estimation. We subsequently suggest how our cost function can be used in simulations to analyze farmer response to changes in output price risk.

  18. Waste disposal[1997 Scientific Report of the Belgian Nuclear Research Centre

    Energy Technology Data Exchange (ETDEWEB)

    Neerdael, B.; Marivoet, J.; Put, M.; Verstricht, J.; Van Iseghem, P.; Buyens, M.

    1998-07-01

    The primary mission of the Waste Disposal programme at the Belgian Nuclear Research Centre SCK/CEN is to propose, develop, and assess solutions for the safe disposal of radioactive waste. In Belgium, deep geological burial in clay is the primary option for the disposal of High-Level Waste and spent nuclear fuel. The main achievements during 1997 in the following domains are described: performance assessment, characterization of the geosphere, characterization of the waste, migration processes, underground infrastructure.

  19. Use of Information, Product Innovation and Financial Performance on Belgian Glasshouse Holdings

    OpenAIRE

    Taragola, Nicole; Huylenbroeck, Guido Van; Van Lierde, Dirk

    2002-01-01

    In order to meet the changing needs and preferences of consumers it will be important for Belgian glasshouse growers to change from a production-driven to a customer-driven strategy. More than ever, use of information and product innovation become critical factors in the changing competitive environment. The aim of the research is to analyse the relationship between business and managerial characteristics, use of information sources, product innovation and financial performance of the firm. T...

  20. Mafia Practices and Italian Entrepreneurial Activities in the Belgian Food Sector. Research Objectives

    OpenAIRE

    De Biase, Marco

    2014-01-01

    This research aims to study the social and economic processes which encourage the spread of mafia practices among some Italian entrepreneurs in the Belgian food sector. My working hypothesis is that mafia practices are violent and predatory strategies to monopolize the economic market, which rely on the use of heterogeneous and cross-class social networks. In this view, these activities of old and new Italian entrepreneurs in Belgium are not the result of the exportation of mafia methods thro...

  1. Geochemical behavior of trace elements in sub-tidal marine sediments of the Belgian coast

    OpenAIRE

    Gao, Y.; Lesven, L.; Gillan, D.; K Sabbe; Billon, G.; De Galan, S.; Elskens, M.; Baeyens, W.; Leermakers, M.

    2009-01-01

    High resolution profiles of trace elements (Fe, Mn, Co, As, Cu, Cr, Ni and Pb) were assessed using the DET (Diffusive Equilibrium in Thin films) and DGT (Diffusive Gradients in Thin films) techniques in silty, organically enriched, sub-tidal sediments of the Belgian coast during late winter and spring 2008. The general chemical properties of the sediments such as dissolved oxygen, pH, Eh and sulfide profiles, controlling precipitation/ mobilization reactions, were determined with electrodes (...

  2. New Belgian Law on Research on Human Embryos: Trust in Progress Through Medical Science

    OpenAIRE

    Pennings, G

    2003-01-01

    The new Belgian law on research on embryos in vitro accepts all types of research directed at therapeutic purposes and at increased medical knowledge. This includes research for germline and somatic gene therapy, therapeutic cloning, and the development of embryonic stem cell lines. As this presupposes the creation of embryos for research, this too is allowed. Other goals like sex selection for nonmedical reasons, eugenic practices and reproductive cloning are prohibited. In general, the law ...

  3. Recent changes in saving behaviour by Belgian households : the impact of uncertainty

    OpenAIRE

    Raïsa Basselier; Geert Langenus

    2014-01-01

    Belgian households save a lot in comparison to the average for the euro area. Recently, the household saving rate has shown large swings. During the great recession, it temporarily jumped to a record high but since then it has gradually fallen to record lows. Different factors of a structural or cyclical nature may account for these swings. The objective of the article is to gauge to what extent uncertainty related to the general economic outlook or households’ income prospects has contribute...

  4. Perceived work ability and turnover intentions: a prospective study among Belgian healthcare workers

    OpenAIRE

    Derycke, Hanne; Clays, Els; Vlerick, Peter; D'hoore, William; Hasselhorn, Hans Martin; Braeckman, Lutgart

    2012-01-01

    AIM: To report a study exploring prospective relations between nurses' perceived work ability and three forms of turnover intentions, respectively, intent to leave the ward, organization and profession. BACKGROUND: Turnover of nursing staff is a major challenge for healthcare settings and for healthcare in general, urging the need to improve retention. DESIGN: Survey. METHODS: Based on the longitudinal data of the Belgian sample from the European Nurses' Early Exit study, a total of 1531 heal...

  5. Joint Estimation of Mark-up and Bargaining Power Parameters for Belgian Manufacturing

    OpenAIRE

    Dobbelaere, Sabien

    2002-01-01

    This paper applies several extensions of Hall's (1988) methodology to analyse imperfections in both the product and the labour market for firms in the Belgian manufacturing industry over the period 1988-1995. We investigate (1) the heterogeneity in mark-up and bargaining power parameters among 17 sectors within the manufacturing industry, (2) whether higher bargaining power parameters are associated with higher mark-ups and (3) whether both parameters are influenced by cyclical and competitio...

  6. Signs of neurotoxicity in a Belgian Blue herd after ingestion of moulded silage

    OpenAIRE

    Guyot, Hugues; Sandersen, Charlotte; Brihoum, Mounir; Vandeputte, Sébastien; Rollin, Frédéric

    2011-01-01

    After ingestion of moulded beet pulp silage, cases of cerebro-cortical necrosis (CCN) and mortalities were observed in a dual purpose Belgian Blue (BB) herd. Contamination with Paecilomyces spp., a mould that produces byssochlamic acid, malformins and patulin, was proven. Twenty-five days after progressive introduction of beet pulp silage into the ration, most of the animals showed diminished appetite, excessive salivation and decreased milk production. Some of them showed a...

  7. Adaptation of the European crop growth monitoring system to the Belgian conditions.

    OpenAIRE

    Buffet, D.; Dehem, Didier; Wouters, K.; Tychon, Bernard; Oger, Robert; Veroustraete, F.

    1999-01-01

    The aim of the Belgian Crop Growth Monitoring System (B-CGMS) is the elaboration of an integrated information system predicting reliable, timely and objective estimates of crop yields and monitoring calamity sites at regional scales. Seven major crops are concerned by the project : winter wheat, winter barley, fodder maize, winter rape seed, potatoes, sugar beet and permanent meadow. The main tasks in the adaptation of the European model come down to the completion and the improvement of the ...

  8. An empirical study on human resource planning in Belgian production companies

    OpenAIRE

    Van den Bergh, Jorne; Belien, Jeroen; Hoskens, Brent

    2013-01-01

    This paper investigates human resource planning in Belgian production companies. First, a literature study is developed to serve as a basis for the results of the empirical research. The literature study is mainly based on papers in the field of operations research that provide interesting insights such as the research-application gap, which is the lack of implementation of models provided by literature. The most important part of this paper is the empirical research. The empirical research i...

  9. Salt water infiltration in two artificial sea inlets in the Belgian dune area

    OpenAIRE

    Vandenbohede, A.; Lebbe, L.; Gysens, S.; Delecluyse, K.; DeWolf, P.

    2008-01-01

    In the dune area of the Westhoek Nature Reserve, situated in the western Belgian coastal plain, two artificial tidal inlets were made aiming to enhance biodiversity. The infiltration of salt water in these tidal inlets was carefully monitored because a fresh water lens is present in the phreatic dune aquifer. This forms an important source of fresh water which is for instance exploited by a water company. The infiltration was monitored over a period of two years by means of electromagnetic bo...

  10. Psychological dimensions of unemployment: a gender comparison between Belgian and South African unemployed.

    OpenAIRE

    Yannick Griep; Sebastiaan Rothmann; Wouter Vleugels; Hans De Witte

    2012-01-01

    This study sought to compare South African and Belgian unemployed in their subjective experience of unemployment, committed towards employment and job search behaviour. We also considered gender differences regarding the psychological dimensions of unemployment between Belgium and South Africa. A cross-sectional survey design was used. Unemployed people were sampled from the Potchefstroom area in South Africa (N = 381) and the Brussels area in Belgium (N = 305). The Experiences of Unemploymen...

  11. Information Availability, Information Quality and the Financial Structure of Belgian SME's.

    OpenAIRE

    Van Campenhout, Geert; Van Caneghem, Tom

    2009-01-01

    In this paper we test whether the amount and/or quality of financial statement information affect the financial structure of Small and Medium Enterprises (SMEs). We explore this issue for Belgian SMEs because there are important differences in disclosure and audit requirements among them. Consistent with the traditional view that asymmetric or incomplete information restricts access to external funds, our results indicate that both the amount and the quality of financial statement information...

  12. Long-term changes in oil pollution off the Belgian coast: evidence from beached bird monitoring

    OpenAIRE

    Seys, J.; Offringa, H; P. Meire; Van Waeyenberge, J.; Kuijken, E.

    2002-01-01

    Trends in oil pollution in the southernmost (Belgian) part of the North Sea were analysed using a dataset of 37 years (1962-99) of annual national beached bird surveys conducted in February each year. The most abundant seabird groups represented in the beached birds were auks (31 %), gulls (28%), scoters (17%) and Kittiwake (9%). Oil rates of most bird species/taxa indicate a decline in oil pollution, though only Larus-gulls, Common Guillemot and Razorbill show significant reductions. The slo...

  13. Software support for manufacturing operations in Belgian SMEs: one size fits all?

    OpenAIRE

    Desmarey, Thierry; Degryse, Kris; Cottyn, Johannes

    2011-01-01

    Manufacturing companies face a big challenge to bridge the gap between their business and manufacturing processes. The urge to increase efficiency makes it necessary to align the business and manufacturing processes. Small and Medium-sized Enterprises (SMEs) experience several barriers to adopt software support for manufacturing operations. This paper gives an overview of a research study conducted in Belgian SMEs. The research studied the current adoption of software support for manufacturin...

  14. Sustainability of Global and Local Food Value Chains: An Empirical Comparison of Peruvian and Belgian Asparagus

    OpenAIRE

    Jana Schwarz; Monica Schuster; Bernd Annaert; Miet Maertens; Erik Mathijs

    2016-01-01

    The sustainability of food value chains is an increasing concern for consumers, food companies and policy-makers. Global food chains are often perceived to be less sustainable than local food chains. Yet, thorough food chain analyses and comparisons of different food chains across sustainability dimensions are rare. In this article we analyze the local Belgian and global Peruvian asparagus value chains and explore their sustainability performance. A range of indicators linked to environmental...

  15. Floating seaweed in the neustonic environment: a case study from Belgian coastal waters

    OpenAIRE

    Vandendriessche, S; Vincx, M.; Degraer, S.

    2007-01-01

    Floating seaweeds form the most important natural component of all floating material found on the surface of oceans and seas. Notwithstanding the absence of natural rocky shores, ephemeral floating seaweed clumps are frequently encountered along the Belgian coast. From October 2002 to April 2003, seaweed samples and control samples (i.e. surface water samples from a seaweed-free area) were collected every other week. Multivariate analysis on neustonic macrofaunal abundances showed significant...

  16. Using Firm-Level Data to Assess Gender Wage Discrimination in the Belgian Labour Market

    OpenAIRE

    Borowczyk Martins, Daniel; Vandenberghe, Vincent

    2010-01-01

    In this paper we explore a matched employer-employee data set to investigate the presence of gender wage discrimination in the Belgian private economy labour market. We identify and measure gender wage discrimination from firm-level data using a labour index decomposition pioneered by Hellerstein and Neumark (1995), which allows us to compare direct estimates of a gender productivity differential with those of a gender labour costs differential. We take advantage of the panel structure of the...

  17. Firm-level Evidence on Gender Wage Discrimination in the Belgian Private Economy

    OpenAIRE

    Vandenberghe, Vincent

    2011-01-01

    In this paper we explore a matched employer-employee data set to investigate the presence of gender wage discrimination in the Belgian private economy labour market. Contrary to many existing papers, we analyse gender wage discrimination using an independent productivity measure. Using firm-level data, we are able to compare direct estimates of a gender productivity differential with those of a gender wage differential. We take advantage of the panel structure to identify gender-related diffe...

  18. Grid Integration of Large-scale Wind Turbines Equipped With Full Converters: Belgian Case Study

    OpenAIRE

    De Rijcke, Simon; Ergun, Hakan; De Vos, Kristof; Driesen, Johan

    2011-01-01

    This paper describes the results of a study regarding the integration of wind power into the Belgian electricity system. The main focus of this study is the contribution of wind power plants to reduce voltage deviations due to load and wind power variations. It is shown, how wind power plants can maintain and improve the voltage in the existing electricity network using their reactive power operation characteristics. To cover a broad variety of study cases, two different locations with differ...

  19. Empirical techniques in finance

    CERN Document Server

    Bhar, Ramaprasad

    2005-01-01

    This book offers the opportunity to study and experience advanced empi- cal techniques in finance and in general financial economics. It is not only suitable for students with an interest in the field, it is also highly rec- mended for academic researchers as well as the researchers in the industry. The book focuses on the contemporary empirical techniques used in the analysis of financial markets and how these are implemented using actual market data. With an emphasis on Implementation, this book helps foc- ing on strategies for rigorously combing finance theory and modeling technology to extend extant considerations in the literature. The main aim of this book is to equip the readers with an array of tools and techniques that will allow them to explore financial market problems with a fresh perspective. In this sense it is not another volume in eco- metrics. Of course, the traditional econometric methods are still valid and important; the contents of this book will bring in other related modeling topics tha...

  20. Financing wind energy projects

    International Nuclear Information System (INIS)

    Triodos Bank has more than 10 years of experience with developing and financing wind projects in the Netherlands. Over 50 Megawatt has been installed with direct involvement of the bank. The experience is both as a bank and as a venture capital fund. In this contribution the perspective will be more from a venture capital point of view than as a bank. The bank's activities in the wind energy sector started in 1986 by forming a joint venture with an engineering bureau, experienced i wind energy but not yet in developing wind projects. From 1989 onwards the joint venture started to build wind farms, both as a private company and in a joint venture with utilities. The European Investment Bank became involved with a long-term debt finance facility (15 years, fixed interest loan). The main difficulties were long-term commitments from landowners (Dike authorities) and utilities with regard to power contracts. The development got really stuck when utilities refused to pay a fair price anymore. Also, site development became more and more difficult. Even the poor technical performance improved drastically and did not frighten developers and banks too much. (author)

  1. RV Belgica II: The new Belgian research vessel to replace the existing RV A962 Belgica

    OpenAIRE

    Naudts, L.; Cox, D.; Roose, P.; Monteny, F.

    2014-01-01

    For 30 years RV Belgica has been the marine infrastructure for Belgian marine scientists working on the Belgian Part of the North Sea and in the marine realm stretching from Norway, over Ireland to Morocco. Even if the ship is still performing research activities for more than 180 days per year, the increasing number of technical breakdowns and the rising maintenance cost associated with her age makes the replacement by a new RV Belgica II a necessity for the Belgian marine science community.

  2. Innovating Development Finance : From Financing Sources to Financial Solutions

    OpenAIRE

    Girishankar, Navin

    2009-01-01

    As early as 2000, development partners embarked on a decade-long search for "innovative" or alternative sources of Official Development Assistance to help finance achievement of the Millennium Development Goals. For their part, developing countries have sought not only more financial flows but better financial solutions, for example, through partnerships that mobilize private finance for p...

  3. Microbial diversity and metabolite composition of Belgian red-brown acidic ales.

    Science.gov (United States)

    Snauwaert, Isabel; Roels, Sanne P; Van Nieuwerburg, Filip; Van Landschoot, Anita; De Vuyst, Luc; Vandamme, Peter

    2016-03-16

    Belgian red-brown acidic ales are sour and alcoholic fermented beers, which are produced by mixed-culture fermentation and blending. The brews are aged in oak barrels for about two years, after which mature beer is blended with young, non-aged beer to obtain the end-products. The present study evaluated the microbial community diversity of Belgian red-brown acidic ales at the end of the maturation phase of three subsequent brews of three different breweries. The microbial diversity was compared with the metabolite composition of the brews at the end of the maturation phase. Therefore, mature brew samples were subjected to 454 pyrosequencing of the 16S rRNA gene (bacteria) and the internal transcribed spacer region (yeasts) and a broad range of metabolites was quantified. The most important microbial species present in the Belgian red-brown acidic ales investigated were Pediococcus damnosus, Dekkera bruxellensis, and Acetobacter pasteurianus. In addition, this culture-independent analysis revealed operational taxonomic units that were assigned to an unclassified fungal community member, Candida, and Lactobacillus. The main metabolites present in the brew samples were L-lactic acid, D-lactic acid, and ethanol, whereas acetic acid was produced in lower quantities. The most prevailing aroma compounds were ethyl acetate, isoamyl acetate, ethyl hexanoate, and ethyl octanoate, which might be of impact on the aroma of the end-products. PMID:26802571

  4. Last developments in the Belgian disposal programme for low and intermediate short-lived waste

    International Nuclear Information System (INIS)

    After an historical reminder of the several phases of the Belgian program for the disposal of low and medium level short-lived waste since the creation of ONDRAF/NIRAS and the bad results obtained in the 90's by using a pure technical approach, the presentation will explain the main lines of the new methodology developed, as a consequence of the government decision of 16 January 1998 in ONDRAF/NIRAS to improve local acceptance for the disposal project. The way local partnerships were created with four nuclear municipalities under the form of a non-profit organization with a clear mission, the functioning, on a voluntary base, of the different partnerships during four to six years and the concrete results obtained until now using this very innovative method will be addressed. The last developments of the Belgian program for the disposal of low and medium level and short-lived waste will be presented, including the recent and very important decision of the Belgian government of 23 June 2006 to dispose of the low and medium active short-lived waste in a surface disposal installation on the territory of the municipality Dessel. (author)

  5. Air crew exposure on board of long-haul flights of the Belgian airlines

    International Nuclear Information System (INIS)

    New European radiation protection recommendations state that measures need to be taken for flight crew members whose annual radiation exposure exceeds 1 mSv. This will be the case for flight crew members who accumulate most of their flying hours on long-haul flights. The Recommendations for the Implementation of the Basic Safety Standards Directive states that for annual exposure levels between 1 and 6 mSv individual dose estimates should be obtained, whereas for annual exposures exceeding 6 mSv, which might rarely occur, record keeping with appropriate medical surveillance is recommended. To establish the exposure level of Belgian air crews, radiation measurements were performed on board of a total of 44 long-haul flights of the Belgian airlines. The contribution of low linear energy transfer (LET) radiation (photons, electrons, protons) was assessed by using TLD-700H detectors. The exposure to high-LET radiation (mostly neutrons) was measured with bubble detectors. Results were compared to calculations with an adapted version of the computer code CARI. For the low-LET radiation the calculations were found to be in good agreement with the measurements. The measurements of the neutron dose were consistently lower than the calculations. With the current flight schedules used by the Belgian airlines, air crew members are unlikely to receive annual doses exceeding 4 mSv. (author)

  6. Distribution of doses resulting from cosmic rays exposure for Belgian airlines

    International Nuclear Information System (INIS)

    The Belgian Radiation Protection Act of 2001 requires air line companies registered in Belgium to evaluate the doses resulting from the exposure of their crew to cosmic radiation. If the annual dose of 1 mSv is exceeded, the crew must be informed about their individual doses and pregnant women have to be protected, among other measures. The Federal Agency for Nuclear Control (FANC, the competent Belgian radiation protection authority) has issued guidelines in order to help air line companies to fulfil their duties. Following the publication of these guidelines, all commercial Belgian air line companies have sent data on the exposure of their personnel. These data and, in particular, the distribution of the doses are presented. Except in the cases of small 'air taxi' companies, which fly only on very short distances and low altitudes, a significant number of air crew members gets doses of more than 1 mSv/y. The maximum value amounts to ∼ 4 mSv/y. The computer codes used by the companies in order to evaluate the individual doses are PCAIRE, CARI and IASON-FREE. The FANC imposed the concerned companies to reassess yearly the individual doses. (author)

  7. Predicting the environmental risks of radioactive discharges from Belgian nuclear power plants

    International Nuclear Information System (INIS)

    An environmental risk assessment (ERA) was performed to evaluate the impact on non-human biota from liquid and atmospheric radioactive discharges by the Belgian Nuclear Power Plants (NPP) of Doel and Tihange. For both sites, characterisation of the source term and wildlife population around the NPPs was provided, whereupon the selection of reference organisms and the general approach taken for the environmental risk assessment was established. A deterministic risk assessment for aquatic and terrestrial ecosystems was performed using the ERICA assessment tool and applying the ERICA screening value of 10 μGy h−1. The study was performed for the radioactive discharge limits and for the actual releases (maxima and averages over the period 1999–2008 or 2000–2009). It is concluded that the current discharge limits for the Belgian NPPs considered do not result in significant risks to the aquatic and terrestrial environment and that the actual discharges, which are a fraction of the release limits, are unlikely to harm the environment. -- Highlights: • Impact of radioactive discharges by the Belgian NPPs of Doel and Tihange on wildlife was evaluated. • Deterministic risk assessment for aquatic and terrestrial ecosystems performed with the ERICA tool. • NPP discharge limits do not result in significant risks to the aquatic and terrestrial environment. • Actual discharges, a fraction of the release limits, are unlikely to harm the environment

  8. Belgian canine population and purebred study for forensics by improved mitochondrial DNA sequencing.

    Science.gov (United States)

    Desmyter, Stijn; Gijsbers, Leonie

    2012-01-01

    In canine population studies for forensics, the mitochondrial DNA is profiled by sequencing the two hyper variable regions, HV1 and HV2 of the control region. In a first effort to create a Belgian population database some samples showed partially poor sequence quality. We demonstrated that a nuclear pseudogene was co-amplified with the mtDNA control region. Using a new combination of primers this adverse result was no longer observed and sequencing quality was improved. All former samples with poor sequence data were reanalyzed. Furthermore, the forensic canine population study was extended to 208 breed and mixed dogs. In total, 58 haplotypes were identified, resulting in an exclusion capacity of 0.92. The profile distribution of the Belgian population sample was not significantly different from those observed in population studies of three other countries. In addition to the total population study 107 Belgian registered pedigree dogs of six breeds were profiled. Per breed, the obtained haplotypes were supplemented with those from population and purebred studies. The combined data revealed that some haplotypes were more or less prominent present in particular dog breeds. The statistically significant differences in haplotype distribution between breeds and population sample can have consequences on mtDNA databasing and matching probabilities in forensics. PMID:21489897

  9. Hospital Compare

    Data.gov (United States)

    U.S. Department of Health & Human Services — Hospital Compare has information about the quality of care at over 4,000 Medicare-certified hospitals across the country. You can use Hospital Compare to find...

  10. HCAHPS - Hospital

    Data.gov (United States)

    U.S. Department of Health & Human Services — A list of hospital ratings for the Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS). HCAHPS is a national, standardized survey of hospital...

  11. Norovirus - hospital

    Science.gov (United States)

    Gastroenteritis - norovirus; Colitis - norovirus; Hospital acquired infection - norovirus ... fluids ( dehydration ). Anyone can become infected with norovirus. Hospital patients who are very old, very young, or ...

  12. Economic Development and Islamic Finance

    OpenAIRE

    IQBAL, ZAMIR; Mirakhor, Abbas

    2013-01-01

    Islamic finance has been practiced in some form since the inception of Islam, its practice in modern financial markets became recognized only in the 1980s, and began to represent a meaningful share of global financial activity only around the beginning of this century. In recent years, significant interest in Islamic finance has emerged in the world's leading conventional financial centers...

  13. The Possibilities of Strategic Finance

    Science.gov (United States)

    Chaffee, Ellen

    2010-01-01

    Strategic finance is aligning financial decisions--regarding revenues, creating and maintaining institutional assets, and using those assets--with the institution's mission and strategic plan. The concept known as "strategic finance" increasingly is being seen as a useful perspective for helping boards and presidents develop a sustainable…

  14. Local financing through capital markets

    OpenAIRE

    Alexandru, Ciprian Antoniade

    2007-01-01

    In this paper are presented results of research conducted to identify sources of financing alternatives for local community. The study includes an analysis of the present situation on the financing of investments by local municipal bonds. The paper ends with the presentation of the benefits of municipal bonds and proposals on the development of this market.

  15. Credit Reporting and Financing Constraints

    OpenAIRE

    Love, Inessa; Mylenko, Nataliya

    2003-01-01

    The authors combine firm-level data from the World Bank Business Environment Survey (WBES) with data on private and public credit registries to investigate whether the presence of a credit registry in a country is associated with lower financing constraints, as perceived by managers, and with higher share of bank financing. They find that the existence of private credit registries is assoc...

  16. Mastering R for quantitative finance

    CERN Document Server

    Berlinger, Edina; Badics, Milán; Banai, Ádám; Daróczi, Gergely; Dömötör, Barbara; Gabler, Gergely; Havran, Dániel; Juhász, Péter; Margitai, István; Márkus, Balázs; Medvegyev, Péter; Molnár, Julia; Szucs, Balázs Árpád; Tuza, Ágnes; Vadász, Tamás; Váradi, Kata; Vidovics-Dancs, Ágnes

    2015-01-01

    This book is intended for those who want to learn how to use R's capabilities to build models in quantitative finance at a more advanced level. If you wish to perfectly take up the rhythm of the chapters, you need to be at an intermediate level in quantitative finance and you also need to have a reasonable knowledge of R.

  17. Sanitation Finance in Rural Cambodia

    OpenAIRE

    Robinson, Andy

    2012-01-01

    This document presents the findings of a study on sanitation finance in Cambodia conducted for the Water and Sanitation Program (WSP) with support from the Asian Development Bank (ADB). The overall objective of the assignment was to consider sustainable sanitation financing options with a focus on promoting access for the poorest. This guidance note contains an introduction on sanitation f...

  18. Solomon Islands : Health Financing Options

    OpenAIRE

    Somanathan, Aparnaa

    2010-01-01

    The objective of this Policy Note is to provide an assessment of available options for financing health care in the Solomon Islands. In doing so, the analysis will factor in the country-specific economic, social and political factors, which will ultimately influence the performance of the health financing mechanisms. The Note was motivated by the Solomon Islands Government s (SIG) interest...

  19. Kosovo : Health Financing Reform Study

    OpenAIRE

    World Bank

    2008-01-01

    The objective of this report is to present information on the different health financing reform options available to Kosovo, which can help the government to make informed policy decisions about financing reforms. The report focuses on the key insurance functions of revenue collection and management, risk pooling, and purchasing of health care, as well as the supportive regulatory and gove...

  20. Financing of the Development Project

    OpenAIRE

    Moučková, Michaela

    2009-01-01

    The Bachelor thesis is dealing with the relevant questions to judge the usefulness of financing the development projects, especially the housing construction. It contains as well the recomended proposal of financing the Atrium Villas Císařka – II. stage of Akro Real, a.s. company.

  1. Proposition of a framework to reengineer and evaluate the hospital supply chain

    OpenAIRE

    Di Martinelly, Christine

    2008-01-01

    Thèse en co-tutelle FUCaM de Mons (Belgique) et INSA de Lyon (France) The objective of our research is the development of a modeling framework that permits decision makers to reengineer and evaluate their hospital supply chain. This research was first motivated by a strong collaboration with a Belgian hospital of 900 beds that is currently reengineering its logistical activities. The managers of this hospital intend to build a new logistical platform to group the clinical pharmacy, the ste...

  2. STUDY REGARDING THE ROMANIAN RURAL TOURISM FINANCING AND DEVELOPMENT OPPORTUNITIES

    Directory of Open Access Journals (Sweden)

    Nicolae BALTEŞ

    2009-06-01

    Full Text Available Rural tourism and agricultural tourism are activities, which generate alternative incomes, a fact that offers development possibilities to the rural space, due to the unique landscapes, large semi-natural areas, the inhabitants' born hospitality in the rural surroundings. From this perspective, a modernization, development and innovation process for the Romanian rural tourism is required. All these aspects, however, require financing. Therefore, a pre-accession financing source of the rural tourism was the SAPARD programme, a programme which "offered the opportunity" to many business people to start their business in this field. The paper shows the evolution of the rural boarding houses between 2003-2007, with analyses on the number, type of financing, development region.

  3. Financing electricity expansion

    International Nuclear Information System (INIS)

    Expansion of electricity supply is associated with economic development. The installation and enlargement of power systems in developing countries entails a huge financial burden, however. Energy consumers in such countries must pay not only for supplies but for the cost of raising the capital for expansion on the international markets. Estimates are presented for the capital expenditure for electricity supply over the period 1990 to 2020 for the major world regions, using approximations for the cost of plant and capital and for the returns earned. These data lead to the conclusion that the five regions with the lowest per capita incomes are those which will need the major part of the capital expenditure and the highest percentage of external finance. (6 tables) (UK)

  4. Romanian SMEs Financing Options:

    Directory of Open Access Journals (Sweden)

    Ioan E. Nistor

    2013-11-01

    Full Text Available One of the most pressing problems faced by micro, small and medium sized enterprises (henceforth SMEs in Europe is the access to sufficient funds to sustain their long term growth. Romanian SMEs make no exception. In this context the present paper focuses on analyzing the extent to which external funding sources have contributed to the value added created by the Romanian SMEs between 2007 and 2011.The investigation’s results indicate the existence of a causal link between some forms of external financing (namely bank loans, leasing, factoring, guarantee products and European funds and the value added created by the Romanian micro, small and medium sized enterprises in the aforementioned period.

  5. Does literacy improve finance?

    Science.gov (United States)

    Poon, Martha; Olen, Helaine

    2015-04-01

    When economists ask questions about basic financial principles, most ordinary people answer incorrectly. Economic experts call this condition "financial illiteracy," which suggests that poor financial outcomes are due to a personal deficit of reading-related skills. The analogy to reading is compelling because it suggests that we can teach our way out of population-wide financial failure. In this comment, we explain why the idea of literacy appeals to policy makers in the advanced industrial nations. But we also show that the narrow skill set laid out by economists does not satisfy the politically inclusive definition of literacy that literacy studies fought for. We identify several channels through which people engage with ideas about finance and demonstrate that not all forms of literacy will lead people to the educational content prescribed by academic economists. We argue that truly financial literate people can defy the demands of financial theory and financial institutions. PMID:25838274

  6. Statistics and finance an introduction

    CERN Document Server

    Ruppert, David

    2004-01-01

    This textbook emphasizes the applications of statistics and probability to finance. Students are assumed to have had a prior course in statistics, but no background in finance or economics. The basics of probability and statistics are reviewed and more advanced topics in statistics, such as regression, ARMA and GARCH models, the bootstrap, and nonparametric regression using splines, are introduced as needed. The book covers the classical methods of finance such as portfolio theory, CAPM, and the Black-Scholes formula, and it introduces the somewhat newer area of behavioral finance. Applications and use of MATLAB and SAS software are stressed. The book will serve as a text in courses aimed at advanced undergraduates and masters students in statistics, engineering, and applied mathematics as well as quantitatively oriented MBA students. Those in the finance industry wishing to know more statistics could also use it for self-study. David Ruppert is the Andrew Schultz, Jr. Professor of Engineering, School of Oper...

  7. Debt relief and financing climate change action

    Science.gov (United States)

    Fenton, Adrian; Wright, Helena; Afionis, Stavros; Paavola, Jouni; Huq, Saleemul

    2014-08-01

    Slow progress in scaling-up climate finance has emerged as a major bottleneck in international negotiations. Debt relief for climate finance swaps could provide an alternative source for financing mitigation and adaptation action in developing countries.

  8. Financing Infrastructure: A Spectrum of Country Approaches

    OpenAIRE

    Sophia Chong; Emily Poole

    2013-01-01

    Over recent decades, there has been a shift away from public infrastructure financing towards private infrastructure financing, particularly in advanced economies. In this article, infrastructure financing in four countries – China, India, Australia and the United Kingdom – is examined to illustrate the different approaches taken by governments to finance infrastructure and encourage private financing. In all four countries, public financing of infrastructure remains significant, ranging from...

  9. Sharing of Risks in Islamic Finance

    OpenAIRE

    Sekreter, Ahmet

    2011-01-01

    For most of the people the prohibition on interest is the well known part of Islamic finance. Indeed, the concept of Islamic finance was not being discussed enough till financial crisis, after crisis it started to be seen as an alternative financial system for conventional finance. Sharing the risks is the main concept of Islamic finance and one of the main differences between conventional and Islamic finance. Depositors/savers do not bear any risk in conventional finance however Islamic fina...

  10. Downsizing of acute inpatient beds associated with private finance initiative: Scotland's case study

    OpenAIRE

    Dunnigan, M.G.; Pollock, A

    2003-01-01

    OBJECTIVES: To evaluate whether the projected 24% reduction in acute bed numbers in Lothian hospitals, which formed part of the private finance initiative (PFI) plans for the replacement Royal Infirmary of Edinburgh, is being compensated for by improvements in efficiency and greater use of community facilities, and to ascertain whether there is an independent PFI effect by comparing clinical activity and performance in acute specialties in Lothian hospitals with other NHS hospitals in Scotlan...

  11. Financing long term liabilities

    International Nuclear Information System (INIS)

    In the '80 even if there were no precise law disposition in this specific matter, Enel has created a fund for the plants decommissioning and a fund for the irradiated fuel management. A setting aside pluri-annual plan has been defined. Cumulated funds transferred to the Sogin at the date of its constitution amount to about 1500 MLD ITL (750 M Euro). This amount was adequate to complete decommissioning activities within the Safe Store strategy. Following the separation of Sogin from Enel, a funding mechanism has been defined to provide resources for additional costs deriving from the different economic conditions (new discount rate and taxes), from the management costs for the new company, and from the change in strategy (from Safe Store to DECON). A Decree of the Ministry of the Industry, issued on 26 January 2000, states that the above mentioned extra costs for Sogin shall be financed on a levy on the price of the sold kWh. Every year Sogin shall present the program of future activities, with associated costs: on this basis, the national Authority for Electric energy and Gas (the national body which defines tariff policy) shall re-evaluate the global amount to be granted to Sogin and the levy on the price of the kWh due to Sogin for next three years. The re-evaluation will take into account economic efficiency criteria. For the period 2002- 2004 the Authority has defined a global amount of about 362 M euros to be granted to Sogin, corresponding to ∼0,04 cents of Euro per kWh. The same procedure is foreseen by the Decree in order to finance Sogin for additional costs related to the dismantling of nuclear installations now property of ENEA. In this context, a Consortium between ENEA and Sogin has been established. The Authority for the period 2002-2004 has defined a global amount of about 106 M euros to be granted to the Consortium, corresponding to ∼0,015 cents of Euro per kWh. (author)

  12. Behavioural Finance: Theory and Survey

    Directory of Open Access Journals (Sweden)

    Daiva Jurevičienė

    2013-04-01

    Full Text Available The paper analyses the importance of behavioural finance theories in household decision-making process. Behavioural finance theories investigate emotional characteristics to explain subjective factors and irrational anomalies in financial markets. In this regard, behavioural theories and behavioural anomalies in the decision-making process are examined; the application opportunities in the financial market are described. The aim of investigation is to determine the basic features and slopes of behavioural finance in concordance with financial decisions of a household. The survey method was applied to ascertain financial behaviour of literate households.

  13. PUBLIC FINANCING OF HEALTHCARE SERVICES

    Directory of Open Access Journals (Sweden)

    Agnieszka Bem

    2013-10-01

    Full Text Available Healthcare in Poland is mainly financed by public sector entities, among them the National Health Fund (NFZ, state budget and local government budgets. The task of the National Health Fund, as the main payer in the system, is chiefly currently financing the services. The state budget plays a complementary role in the system, and finances selected groups of services, health insurance premiums and investments in healthcare infrastructure. The basic role of the local governments is to ensure access to the services, mostly by performing ownership functions towards healthcare institutions.

  14. Access to Finance Thresholds and the Finance-Growth Nexus

    OpenAIRE

    Ben Jelili, Riadh; Abdmoulah, Walid

    2013-01-01

    Based on Aghion et al. (2005), this article provides new insights regarding whether financial development can affect economic growth non-linearly by adopting the concept of threshold effects. The empirical approach adopted in this article allows for the finance-growth relationship to be piecewise linear with a set of indicators including access to finance acting as a regime-switching trigger. Using cross-country observations from 144 countries stretching from 1985 to 2009, strong evidence of ...

  15. The Private Finance Initiative and public sector finance

    OpenAIRE

    Rob Ball; Maryanne Heafey; David King

    2002-01-01

    Traditionally, when the public sector wanted more capital assets, it borrowed funds for the purpose. Under the Private Finance Initiative (PFI), private consortia borrow funds to build assets and then, in return for a charge, use them to provide services for the public sector. The authors explore the implications for the public finances of using the PFI. A widely held belief, which has been put forward by the Treasury, is that using the PFI allows investment in assets used by the public secto...

  16. Hospital Ownership and Public Medical Spending

    OpenAIRE

    Mark Duggan

    2000-01-01

    The hospital market is served by firms that are private for-profit, private not-for-profit, and government-owned and operated. I use a plausibly exogenous change in hospital financing that was intended to improve medical care for the poor to test three theories of organizational behavior. My results reveal that the critical difference between the three types of hospitals owes to the soft budget constraint of government-owned institutions. The decision-makers in private not-for-profit hospital...

  17. Financing Hierarchy, Financial Market Constraints, Leverage and Investment Financing in a Low-Income Developing Country

    OpenAIRE

    Johnson, Omotunde E G

    1992-01-01

    A debt-service constraint and co-financing requirement for outside equity financing are incorporated into a financing hierarchy framework in which firms behave as if they prefer inside to outside financing and debt to equity when they use outside financing. The constraints place both a floor and a ceiling on the ratios of debt to outside financing and a ceiling on the ration of outside equity to outside finance. If creditors and outside investor act in concert, under certain conditions, they ...

  18. Computing for Finance

    CERN Document Server

    CERN. Geneva

    2007-01-01

    The finance sector is one of the driving forces for the use of distributed or Grid computing for business purposes. The speakers will review the state-of-the-art of high performance computing in the financial sector, and provide insight into how different types of Grid computing – from local clusters to global networks - are being applied to financial applications. They will also describe the use of software and techniques from physics, such as Monte Carlo simulations, in the financial world. There will be four talks of 20min each. The talk abstracts and speaker bios are listed below. This will be followed by a Q&A panel session with the speakers. From 19:00 onwards there will be a networking cocktail for audience and speakers. This is an EGEE / CERN openlab event organized in collaboration with the regional business network rezonance.ch. A webcast of the event will be made available for subsequent viewing, along with powerpoint material presented by the speakers. Attendance is free and open to all. R...

  19. Adapting to the System or the Student? Exploring Teacher Adaptations to Disadvantaged Students in an English and a Belgian Secondary School

    Science.gov (United States)

    Stevens, Peter A. J.; Van Houtte, Mieke

    2011-01-01

    This article builds on research on teacher adaptations to students by exploring how Belgian and English national contexts influence teachers' definitions of educational success, their explanations of educational failure, and their allocation of scarce educational resources to disadvantaged students. Ethnographic data from one Flemish (Belgian) and…

  20. The Belgian nuclear higher education network: the evolution of an academic programme in nuclear engineering

    International Nuclear Information System (INIS)

    The master-after-master in nuclear engineering provided by the Belgian Nuclear higher Education Network (BNEN) is a one-year, 60 ECTS programme which combines the expertise of six Belgian universities and SCK.CEN, the Belgian Nuclear Research Centre, which participates through its Academy for Nuclear Science and Technology. It was created in close collaboration with representatives of academia, research centres, industry and other nuclear stakeholders. The BNEN consortium Due to its modular programme, BNEN is accessible for both full-time students (mainly young engineering graduates) as well as young professionals already employed in the nuclear industry. The programme is offered in English to facilitate the participation of international students. One of the important aspects of the BNEN programme is the fact that exercises and hands-on sessions in the specialised laboratories of SCK.CEN complement the theoretical classes to bring the students into contact with all facets of nuclear energy. Several of SCK.CEN's researchers provide valuable contributions to the programme through seminars and practical exercises. From their daily practices and responsibilities they give an expert view on the subjects that are being taught. In 2012, in the framework of an official accreditation process all aspects of the BNEN programme were audited by an international visitation panel. The most important outcome of this process is the current reform of the academic programme, which will be implemented in the academic year 2014-2015, taking into account the recommendations by the visitation panel. In this paper, the history of the BNEN programme will be discussed, the new BNEN programme will be presented as well as the process that has led to its implementation. (authors)

  1. Life cycle modeling of energy matrix scenarios, Belgian power and partial heat mixes as case study

    International Nuclear Information System (INIS)

    Highlights: ► An LCA modeling approach is proposed for energy systems. ► A simplified Belgian energy system with and without nuclear power is optimized. ► A sustainability pathway is obtained from successive scenario optimizations. ► Reduction of GWP without nuclear power is limited under modeled conditions. ► Biomass potential implies an increase of toxicity and land occupation indicators. - Abstract: The present paper introduces a life cycle modeling approach for representing actual demand of energy or energy intensive products delivered within a system (electricity, heat, etc.) for optimization of the energy mix, according to some of the available life cycle impact assessments (LCIAs). Unlike classical LCA modeling approach, the real amount of several energy products leaving the system and the interactions due to the presence of multi-output processes are considered within the present approach. As a case study, future scenarios are obtained for the Belgian electricity mix production and the heat mix potentially substituted by CHP or biomass, switching between abandoning or not power from nuclear energy. The possibility of using natural gas, biomass for cogeneration, wind power and solar photovoltaic energy are considered within the availability ranges of these resources. Finally, results are presented from successive optimizations according to the sustainability potential defined in a previous paper. A pathway to a more sustainable Belgian energy system is obtained. Finally it is concluded that under the modeling conditions and without nuclear energy it is not possible to obtain a reduction of GHGs and despite diminishing of non-renewable resource consumption, a rising of toxicity is obtained

  2. Influence of dabigatran and rivaroxaban on routine coagulation assays. A nationwide Belgian survey.

    Science.gov (United States)

    Van Blerk, Marjan; Bailleul, Els; Chatelain, Bernard; Demulder, Anne; Devreese, Katrien; Douxfils, Jonathan; Jochmans, Kristin; Mullier, François; Wijns, Walter; Soumali, Mohamed Rida; Coucke, Wim; Vernelen, Kris; Van de Walle, Philippe

    2015-01-01

    The Belgian national External Quality Assessment Scheme performed a nationwide survey using lyophilised plasma samples spiked with dabigatran or rivaroxaban to demonstrate to the Belgian clinical laboratories how these drugs affect their routine coagulation assays prothrombin time (PT), activated partial thromboplastin time (aPTT), fibrinogen and antithrombin. Virtually all Belgian laboratories performing routine coagulation testing (189/192) participated in the survey. Both, dabigatran and rivaroxaban significantly prolonged the PT and aPTT in a concentration- and reagent-dependent manner. PT reagents were more influenced by rivaroxaban than by dabigatran and aPTT reagents more influenced by dabigatran than by rivaroxaban. Among PT reagents, Neoplastin R® was the most sensitive to rivaroxaban and Innovin® and Thromborel S® the least sensitive. Converting PT results to INR only increased the variability between reagents. Among aPTT reagents, Actin FSL® was the least sensitive to dabigatran while the other aPTT reagents showed slightly higher sensitivities. The presence of dabigatran led to falsely reduced fibrinogen concentrations when measured with a low thrombin concentration reagent. The presence of dabigatran caused an overestimation of the antithrombin level when measured with a thrombin-based activity assay and the presence of rivaroxaban an overestimation of the antithrombin level when measured with a FXa-based assay. Instrument-related differences were found for all tested parameters. In conclusion, this paper provides detailed information on the effect of dabigatran and rivaroxaban on routine coagulation assays as performed with a large number of reagent/instrument combinations. PMID:25231101

  3. A New Kind of Finance

    OpenAIRE

    Maymin, Philip Z.

    2012-01-01

    Finance has benefited from the Wolfram's NKS approach but it can and will benefit even more in the future, and the gains from the influence may actually be concentrated among practitioners who unintentionally employ those principles as a group.

  4. The securitization of housing finance

    OpenAIRE

    Gordon H. Sellon; Deana VanNahmen

    1988-01-01

    Since 1970, housing finance has undergone a radical transformation due to the securitization of mortgage loans. As the market for mortgage securities continues to grow and develop, this transformation raises a number of important public policy issues.

  5. Corruption, Growth, and Public Finances

    OpenAIRE

    Vito Tanzi; Hamid Reza Davoodi

    2000-01-01

    The paper discusses some channels through which corruption affects growth such as the impact of corruption on enterprises, on the allocation of talent, and on investment. It also discusses the impact of corruption on some aspects of public finance.

  6. Quantum Game Theory in Finance

    OpenAIRE

    Piotrowski, Edward W.; Jan Sladkowski

    2004-01-01

    This is a short review of the background and recent development in quantum game theory and its possible application in economics and finance. The intersection of science and society is also discussed. The review is addressed to non--specialists.

  7. Issues in Financing the Superfund

    OpenAIRE

    Brazell, David W.; Gerardi, Geraldine

    1994-01-01

    Discussion of Superfund financing sources and litigation costs, and review of design issues related to an insurer fee that would pay for proposed litigation reform. Benefits-received, ability-to-pay, and economic efficiency evaluations are included.

  8. Major Issues in School Finance

    Science.gov (United States)

    McLure, William P.

    1969-01-01

    Interprets the contemporary issues in school finance as functions of three phenomena: (1) Educational needs of individuals and society, (2) governance, and (3) ecological characteristics of the population. (DE)

  9. Corporate Finance and Financial Institutions

    OpenAIRE

    Mark J. Flannery

    2012-01-01

    Many corporate finance researchers have avoided analyzing financial institutions, perhaps on the grounds that they are “unique” or “different” from other types of firms. This assessment reflects some unusual features of financial firms' liabilities and a set of governmental regulatory restrictions that have become less pervasive in recent years. In fact, corporate finance theory applies equally well to financial firms, although some modifications are required to recognize the effects of gover...

  10. Behavioral Corporate Finance: A Survey

    OpenAIRE

    Malcolm Baker; Richard S. Ruback; Jeffrey Wurgler

    2004-01-01

    Research in behavioral corporate finance takes two distinct approaches. The first emphasizes that investors are less than fully rational. It views managerial financing and investment decisions as rational responses to securities market mispricing. The second approach emphasizes that managers are less than fully rational. It studies the effect of nonstandard preferences and judgmental biases on managerial decisions. This survey reviews the theory, empirical challenges, and current evidence per...

  11. The epistemology of modern finance

    OpenAIRE

    De Scheemaekere, Xavier

    2006-01-01

    Modern finance is a social science where the complexity of mathematical models compares to that of physics. The aim of this paper is to provide a conceptual framework for the interpretation of mathematical models in finance, in order to determine the epistemological standards according to which financial theory must be assessed. The analysis enlightens the contrast between highly objective results and the radical uncertainty that governs the markets. The main contribution of the paper is to s...

  12. Financing Property's Contribution to Regeneration

    OpenAIRE

    Alastair Adair; Jim Berry; Stanley McGreal

    2003-01-01

    Attracting investment and finance into inner-city and other renewal areas poses particular difficulties and is frequently reliant on strong public-sector commitment through special incentives or other mechanisms to provide the conditions to lever private-sector activity. This paper initially links the concept of market failure and the rationale for regeneration and examines policy responses from UK, European and US perspectives, followed by a consideration of public- and private-sector financ...

  13. Development assistance and climate finance

    OpenAIRE

    Arndt, Channing

    2015-01-01

    The distinction between development assistance and climate finance is driven by an optic of compensation largely derived from the 'polluter pays' principle. For practical as well as conceptual reasons, this principle provides a weak basis for climate finance. The distinction also cuts against the need to holistically consider developmental, adaptation, and mitigation policies and naturally focuses on government-to-government flows despite the manifest need to catalyse non-official sources of ...

  14. Vertical Integration and Supplier Finance

    OpenAIRE

    Kersting, Erasmus; Görg, Holger

    2014-01-01

    We investigate the financial implications of a multinational firm's choice between outsourcing and integration from the perspective of the supplier. Using a simple model, we explore the extent to which an integrated supplier's access to finance, as well as its sources of funding, change relative to a firm supplying a multinational at arm's-length. The model predicts that integrated firms have better access to finance and cover a larger share of their costs using internal funds. Furthermore, i...

  15. Wind power: valuation and finance

    International Nuclear Information System (INIS)

    The past 20 years of wind energy experience in Denmark has primarily been based upon three financing schemes, tailored to individually owned, guild owned and utility owned wind turbines. The merits of and problems with these schemes are discussed, as well as their relations to specific legislation regarding e.g. taxation. It is finally explored, whether new forms of organisation, valuation and financing may be needed. (author)

  16. Financing as a Marketing Strategy

    OpenAIRE

    S. Hun Seog; Hyun, Yong J

    2009-01-01

    This paper investigates the issues concerning a film producer that finances production costs not only by the conventional funding from an institutional investor, but also by “Internet funding,” financing through the Internet from so-called netizen investors. In Internet funding, netizen investors engage in word-of-mouth activities. Assuming that information asymmetry exists between the producer and investors, we investigate how the Internet funding size varies with the word-of-mouth effect, t...

  17. Debt Financing in Asset Markets

    OpenAIRE

    Zhiguo He; Wei Xiong

    2012-01-01

    We study rollover risk and collateral value in a dynamic asset pricing model with endogenous debt financing by extending the framework of Geanakoplos (2009) with a generic binomial tree and time-varying heterogeneous beliefs. Optimistic borrowers face rollover risk if the belief dispersion between the borrowers and the pessimistic lenders widens after interim bad news. We demonstrate the optimality of the maximum riskless short-term debt financing for optimistic borrowers even in the presence...

  18. Project finance for alternative energy

    International Nuclear Information System (INIS)

    This paper is intended to provide general advice to sponsors of renewable energy projects who expect to raise project-based financing from commercial banks to fund the development of their projects. It will set out, for the benefit of such sponsors, how bankers typically approach the analysis of these undertakings and in particular the risk areas on which they concentrate. By doing so it should assist sponsors to maximise their prospects of raising bank finance. (author)

  19. Overvalued equity and financing decisions

    OpenAIRE

    DONG Ming; Hirshleifer, David; Teoh, Siew Hong

    2012-01-01

    We test whether and how equity overvaluation affects corporate financing decisions using an ex ante misvaluation measure that filters firm scale and growth prospects from market price. We find that equity issuance and total financing increase with equity overvaluation; but only among overvalued stocks; and that equity issuance is more sensitive than debt issuance to misvaluation. Consistent with managers catering to maintain overvaluation and with investment scale economy effects, the sensiti...

  20. Corporate Finance and Comparative Advantage

    OpenAIRE

    Keuschnigg, Christian; Egger, Peter

    2009-01-01

    Since innovative firms are often financially constrained, access to external funds is important for the expansion of innovative industries. This paper reports four important results. First, comparative advantage is shaped by factor endowments as well as fundamental determinants of corporate finance. In particular, a larger equity ratio of firms and tough governance standards relax finance constraints and create a comparative advantage in innovative industries. Second, factor price equalizatio...

  1. Computational analytics for venture finance

    OpenAIRE

    Stone, T. R.

    2014-01-01

    This thesis investigates the application of computational analytics to the domain of venture finance – the deployment of capital to high-risk ventures in pursuit of maximising financial return. Traditional venture finance is laborious and highly inefficient. Whilst high street banks approve (or reject) personal loans in a matter of minutes It takes an early-stage venture capital (VC) firm months to put a term sheet in front of a fledgling new venture. Whilst these are fundamentally different ...

  2. Finance Applications of Game Theory

    OpenAIRE

    Franklin Allen; Stephen Morris

    1998-01-01

    Traditional finance theory based on the assumptions of symmetric information and perfect and competitive markets has provided many important insights. These include the Modigliani and Miller Theorems, the CAPM, the Efficient Markets Hypothesis and continuous time finance. However, many empirical phenomena are difficult to reconcile with this traditional framework. Game theoretic techniques have allowed insights into a number of these. Many puzzles remain. This paper argues that recent advance...

  3. New trends in the Belgian programme on nuclear air cleaning technology

    International Nuclear Information System (INIS)

    In the Belgian Programme on nuclear air cleaning technology the Mercurex process has been developed to trap iodine compounds from dissolver off-gases. Krypton is removed with the help of a cryogenic distillation unit. The various gas cleaning units have been integrated in a gas purification test loop for dissolver off-gas at a through put of 25 m3 gas h-1. The separation of tritium from liquid reprocessing effluents is being developed according to the ELEX-process. New research is started on the capture of semi-volatile ruthenium compounds

  4. Contamination levels observed on the Belgian territory subsequent to the Chernobyl accident

    International Nuclear Information System (INIS)

    A summary of the data from different laboratories concerning the fallout on the Belgian territory following the Chernobyl emissions is presented. The evolution of the particulate air activity at ground level, the integrated fallout captured in water, the deposition on soil surface directly for different localities in Belgium are given. The grass contamination, the milk contamination from individual farms, the concentration levels on leafy vegetables, surface waters and water basins and the contamination of meat during the month of May are presented. (A.F.)

  5. Hundred and eighty years of fleet dynamics in the Belgian sea fisheries

    OpenAIRE

    Lescrauwaet, A.-K.; Fockedey, N.; Debergh, H.; Vincx, M.; Mees, J.

    2013-01-01

    Understanding the impact of fisheries on the commercial fish stocks requires detailed catch statistics and data on the dynamics of fleet and catch effort, at least before industrial fishing started. Most time-series on the fleet dynamics start after the 1980s, at times when major changes in fleet characteristics had already taken place. In the present paper, the results of the integration of data on fleet size (from 1830), tonnage (from 1842) and engine power (kW, from 1912) of the Belgian se...

  6. Determining the marketing mix for a start-up travel agency aimed at the Belgian market

    OpenAIRE

    Hanák, Marek

    2014-01-01

    This thesis suggests a marketing mix consisting of 4 P's for a start-up travel agency. It created a product according to the quantitative research, n=140, and a qualitative research on the Belgian market. It includes the price of the product according to a competitor analysis, price expectation of the segment and a calculation of all costs connected with providing the service. It suggests also a promotion strategy aimed at the target audience and describes the place in terms point of sale ded...

  7. Modelling of density dependent groundwater flow in the south-western Belgian coastal plain

    OpenAIRE

    Vandenbohede, A.; Linster, T.; Lebbe, L.

    2005-01-01

    The study area is situated at the landward border of the Belgian western coastal plain at the right bank of the river Ijzer. The phreatic aquifer is of quaternary age. Until about the 12th century, the hydrology of the area was influenced by the North Sea. The area was criss-crossed by tidal channels and gullies and the aquifer was mainly filled with salt water. From about 1100 AD, the area was gradually reclaimed, halting the influence of the sea. The channels silted up. Fresh water started ...

  8. Methods used to seismically upgrade. The safety related components of Belgian plants

    International Nuclear Information System (INIS)

    Belgian nuclear power amounts to about 6,000 MW, generated by seven plants that started operation as early as 1967. The latest plant started in 1985. Some of these plants were designed with no seismic requirements whatsoever. Even for those that had seismic requirements at the design stage, seismic demand was raised after design had been frozen (late during construction or at the 10 years revision). As a consequence all the plants had to undergo, to a variable extent, a seismic reevaluation and/or backfitting. Civil structures were concerned as well as electro-mechanical equipment and piping systems. The present paper deals with the mechanical aspect of the problem (equipment and piping). In order to minimize hardware modifications, advanced analytical techniques were used throughout the process, starting with the elaboration of a site specific spectrum, and using a full soil-structure interaction in order to get as 'realistic' as possible floor response spectra. In some instances, non linear elasto-plastic time history analysis was performed on piping-systems in order to qualify them without hardware modifications. In other cases a 'Load Coefficient Method' was used. Sometimes stresses or displacements taken from the original stress reports and scaled by comparison of applicable spectra, allowed to assess the seismic validity of the system under investigation. Seismic acceptability of installed active equipment is more difficult to demonstrate, as this is usually done by testing. This problem is a generic issue in the US, identified under the label USI-A-46 (Unresolved Safety Issue). It is treated by. a group of Utilities (SQUG = Seismic Qualification Utilities Group). The Belgian Utility is member of that group since 1985. The application of this program is starting in the US. SQUG methodology has been applied to three Belgian plants starting in 1988 and is now completed. The required fixes are being implemented. Experience gained in the process has been applied

  9. Lessons learned from the decommissioning of the Belgian pressurized water test reactor BR3

    International Nuclear Information System (INIS)

    The BR3 plant was operated with the main objective of testing advanced PWR fuels under irradiation conditions similar to those encountered in large commercial PWR plants. In 1989, it was selected as one of the pilot projects of the European Commission for its R and D programme on Decommissioning of nuclear installations. With the decommissioning of the BR3 reactor, the Belgian Nuclear Research Centre SCK·CEN gained a lot of experiences in the field of decommissioning. This paper describes the main phases carried out in the decommissioning project up till now and will discuss the main lessons to learn. (author)

  10. How frequently do prices change? Evidence based on the micro data underlying the Belgian CPI

    OpenAIRE

    Aucremanne, Luc; Dhyne, Emmanuel

    2004-01-01

    This paper examines the degree of price rigidity in Belgian consumer prices, using a large database. As to the observed degree of rigidity, the results reveal a substantial amount of heterogeneity, not only across but also within product categories. While prices turn out to be perfectly flexible for some product categories, they tend to be very sticky for others. Each month, nearly 17 p.c. of the consumer prices change on average and the median duration of a price spell is close to 13 months....

  11. Experiences with a continuous vibration monitoring system on rotating machines in the Belgian power plants

    International Nuclear Information System (INIS)

    Since the availability of turbogenerators is very important, especially for nuclear plants, some Belgian power plants asked Laborelec to develop a better vibration monitoring with analysis capabilities and the possibility to record data. The main goal was to have a better insight in the vibrational behaviour of some critical machines and to limit the outages due to vibrational problems. The first prototype of a computerised monitoring system was installed in 1985 to survey the Doel 4 turbine from the beginning. Meanwhile 39 turbines have been equipped ranging from 125 MW, 25 years old, fossil fuel plants to large 1000 MW nuclear plants. Some reactor coolant pumps were instrumented too. (orig.)

  12. SABER-School Finance : Data Collection Instrument

    OpenAIRE

    World Bank

    2015-01-01

    The aim of the SABER-school finance initiative is to collect, analyze and disseminate comparable data about education finance systems across countries. SABER-school finance assesses education finance systems along six policy goals: (i) ensuring basic conditions for learning; (ii) monitoring learning conditions and outcomes; (iii) overseeing service delivery; (iv) budgeting with adequate an...

  13. SABER-School Finance: Data Collection Instrument

    Science.gov (United States)

    King, Elizabeth; Patrinos, Harry; Rogers, Halsey

    2015-01-01

    The aim of the SABER-school finance initiative is to collect, analyze and disseminate comparable data about education finance systems across countries. SABER-school finance assesses education finance systems along six policy goals: (i) ensuring basic conditions for learning; (ii) monitoring learning conditions and outcomes; (iii) overseeing…

  14. 12 CFR 226.4 - Finance charge.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 3 2010-01-01 2010-01-01 false Finance charge. 226.4 Section 226.4 Banks and... LENDING (REGULATION Z) General § 226.4 Finance charge. (a) Definition. The finance charge is the cost of...) Charges by third parties. The finance charge includes fees and amounts charged by someone other than...

  15. 48 CFR 32.109 - Termination financing.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Termination financing. 32... CONTRACTING REQUIREMENTS CONTRACT FINANCING Non-Commercial Item Purchase Financing 32.109 Termination financing. To encourage contractors to invest their own funds in performance despite the susceptibility...

  16. 24 CFR 882.405 - Financing.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Financing. 882.405 Section 882.405... § 882.405 Financing. (a) Types. Any type of public or private financing may be utilized with the... Contract as security for financing. An Owner may pledge, or offer as security for any loan or...

  17. 13 CFR 120.476 - Prohibited financing.

    Science.gov (United States)

    2010-01-01

    ... 13 Business Credit and Assistance 1 2010-01-01 2010-01-01 false Prohibited financing. 120.476... Business Lending Companies (sblc) § 120.476 Prohibited financing. An SBLC may not make a loan to a small business that has received financing (or a commitment for financing) from an SBIC that is an Associate...

  18. 48 CFR 12.210 - Contract financing.

    Science.gov (United States)

    2010-10-01

    ... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Contract financing. 12.210... financing. Customary market practice for some commercial items may include buyer contract financing. The contracting officer may offer Government financing in accordance with the policies and procedures in part 32....

  19. Do inter-hospital comparisons of in-hospital, acute myocardial infarction case-fatality rates serve the purpose of fostering quality improvement? An evaluative study

    Directory of Open Access Journals (Sweden)

    Molenberghs Geert

    2010-12-01

    Full Text Available Abstract Background In-hospital case-fatality rates in patients, admitted for acute myocardial infarction (AMI-CFRs, are internationally used as a quality indicator. Attempting to encourage the hospitals to assume responsibility, the Belgian Ministry of Health decided to stimulate initiatives of quality improvement by means of a limited set of indicators, among which AMI-CFR, to be routinely analyzed. In this study we aimed, by determining the existence of inter-hospital differences in AMI-CFR, (1 to evaluate to which extent Belgian discharge records allow the assessment of quality of care in the field of AMI, and (2 to identify starting points for quality improvement. Methods Hospital discharge records from all the Belgian short-term general hospitals in the period 2002-2005. The study population (N = 46,287 included patients aged 18 years and older, hospitalized for AMI. No unique patient identifier being present, we tried to track transferred patients. We assessed data quality through a comparison of MCD with data from two registers for acute coronary events and through transfer and sensitivity analyses. We compared AMI-CFRs across hospitals, using multivariable logistic regression models. In the main model hospitals, Charlson's co-morbidity index, age, gender and shock constituted the covariates. We carried out two types of analyses: a first one wherein transferred-out cases were excluded, to avoid double counting of patients when computing rates, and a second one with exclusion of all transferred cases, to allow the study of patients admitted into, treated in and discharged from the same hospital. Results We identified problems regarding both the CFR's numerator and denominator. Sensitivity analyses revealed differential coding and/or case management practices. In the model with exclusion of transfer-out cases, the main determinants of AMI-CFR were cardiogenic shock (ORadj 23.0; 95% CI [20.9;25.2], and five-year age groups ORadj 1.23; 95

  20. Issues in energy finance

    Science.gov (United States)

    Khokher, Zeigham Islam

    As opposed to the well developed and understood equity markets, the energy markets are still in their infancy. The explosion of contracts, of both the primary and derivative types, are testament both to the existing size and the untapped growth potential of this exciting industry. However, because of its relative youth many basic issues in the energy markets remain unresolved. This thesis introduces some interesting questions and provides insights into these issues. Thematically, the chapters of this thesis are linked by an emphasis on valuation and risk management decisions. A contribution of this thesis is to show that subtle differences between the endogenous price process in our general equilibrium setting and the exogenous processes considered in earlier papers can generate significant differences in both financial and real option values. In addition to these valuation concerns there has been much debate about the corporate risk management function. Finance theory suggests that a value maximizing corporation should either be indifferent to hedging or, in the presence of certain imperfections, it should completely hedge all exposures. Both these extremes contradict empirical evidence. We show that existing corporate hedging behaviour is best explained in light of both physical market imperfections and directional predictions on future prices. While these speculative motives may arise from corporate hubris or genuine informational advantages, we argue that it would be difficult to implement private information in the absence of noise traders. Related to the risk management decision is the existence of futures risk premia. These premia have been thought to be cause by covariance with priced factors or due to the hedging demands of consumers and producers. This thesis argues that inventories serve as a signal of available quantity, which coupled with consumers fears regarding stockouts can induce a positive relationship between premia and inventories. In

  1. Financing asset sales and business cycles

    OpenAIRE

    Arnold, Marc; Hackbarth, Dirk; Puhan, Tatjana-Xenia

    2014-01-01

    This paper analyzes the decision of firms to sell assets to fund investments (financing asset sales). For a sample of U.S. manufacturing firms during the 1971-2010 period, we document new stylized facts about financing asset sales that cannot be explained by traditional motives for selling assets, such as financial distress or financing constraints. Using a structural model of financing, investment, and macroeconomic risk, we show that financing asset sales attenuate the debt overhang problem...

  2. Financing energy projects: experience of the International Finance Corporation

    International Nuclear Information System (INIS)

    This paper provides an overview of the recent trend towards private ownership and financing of power projects in the developing countries, focusing on the role played by both private and public agencies in meeting the large financing challenges. The paper draws upon the operational experience of the International Finance Corporation, which has been involved in the financing of more than 30 private power projects in the developing countries over the past three decades. Among the issues that affect implementation of private power projects is the balancing of risk and reward to equity investors and to commercial lenders. The paper discusses the principal sources of risk and the strategies used to manage them. A related issue is the competition for capital on the international markets, and the techniques that are being devised to bring more finance to the power sector. Finally, the paper considers the role of government in bringing private investors to the power sector, and the approaches being adopted to balance the needs of investors with the needs of the public. (author)

  3. Application of the CALUX bioassay for epidemiological study. Analyses of Belgian human plasma

    Energy Technology Data Exchange (ETDEWEB)

    Wouwe, N. van; Debacker, N.; Sasse, A. [Scientific Institute of Public Health, Brussels (BE)] (and others)

    2004-09-15

    The CALUX bioassay is a promising screening method for the detection of dioxin-like compounds. The observed good sensitivity, low number of false negative results as well as the good correlations with the GC-HRMS TEQ-values in case of feed and food analyses allow this method to climb in the first assessment methods' scale. The low amount of sample needed in addition to those latest advantages suggest that the CALUX bioassay could be a good screening method for epidemiological studies. The Belgian epidemiological study concerning the possible effect of the dioxin incident on the body burden of the Belgian population was an opportunity to test this method in comparison to the gold reference one: the GC-HRMS. The first part of this abstract presents epidemiological parameters (sensibility, specificity,) of the CALUX bioassay using CALUX TEQ-values as estimators of the TEQ-values of the 17 PCDD/Fs. The second part examines epidemiological determinants observed for CALUX and GCHRMS TEQ-values.

  4. Different Regional Approaches to Cultural diversity Interpreting the Belgian Cultural Diversity Policy Paradox

    Directory of Open Access Journals (Sweden)

    Ilke Adam

    2015-11-01

    Full Text Available In Belgium, the authority over cultural diversity policies resulting from immigration has been devolved from the central state to the regions since 1970. Consequently, Flanders and Francophone Belgium have progressively developed divergent policy tools. By describing the divergent evolution of Francophone and Flemish cultural diversity policies, our paper demonstrates the existence of a “Belgian Cultural Diversity Paradox”, namely the existence of more multicultural minority rights in the region that has most experienced electoral success by an extreme-right anti-immigrant party (Flanders, and a more colour blind and radical secular approach in the region where anti-immigrant politicization is barely a factor (Francophone Belgium. This finding is counter-intuitive because an important strand of immigrant policy research has emphasized the relationship between the politicization of immigration and restrictive immigrant citizenship rights. Our paper demonstrates that the different degrees of politicization of immigration in Flanders and Francophone Belgium cannot fully account for divergent cultural diversity policies. By insisting on the historical path dependency of the linguistic and religious cleavages in Belgium and their overlap, this paper offers an addendum to the politicization approach. The historical linguistic and religious differences of the Belgian regions clearly mediate the impact of the politicization of immigration on both sides of the linguistic border.

  5. Preventive Care Use among the Belgian Elderly Population: Does Socio-Economic Status Matter?

    Directory of Open Access Journals (Sweden)

    Sarah Hoeck

    2013-12-01

    Full Text Available Objective: To analyze the association between influenza and pneumococcus vaccination and blood cholesterol and blood sugar measurement by Belgian elderly respondents (≥65 years and socio-demographic characteristics, risk factors, health status and socio-economic status (SES. Methods: A cross-sectional study based on 4,544 non-institutionalized elderly participants of the Belgian Health Interview Surveys 2004 and 2008. Multivariate logistic regression models were constructed to examine the independent effect of socio-demographic characteristics, risk factors, health status and SES on the four preventive services. Results: After adjustment for age, sex, region, survey year, living situation, risk factors (body mass index, smoking status, physical activity and health status (self-assessed health and longstanding illness lower educated elderly were significantly less likely to report a blood cholesterol and blood sugar measurement. For instance, elderly participants with no degree or only primary education were less likely to have had a cholesterol and blood sugar measurement compared with those with higher education. Pneumococcus vaccination was not related to educational level, but lower income groups were more likely to have had a pneumococcus immunization. Influenza vaccination was not significantly related to SES. Conclusion: The results highlight the need to promote cholesterol and blood sugar measurement for lower SE groups, and pneumococcus immunization for the entire elderly population. Influenza immunization seems to be equally spread among different SE groups.

  6. The energy sources and nuclear energy - The point of view of the Belgian Catholic Church

    International Nuclear Information System (INIS)

    The problems related to the environment are reported regularly to the public by means of the newspapers, on radio and television. The story is the product of a journalistic process and in general does not bear much resemblance to the original event. The rate and type of reportage depend not only on the body of data available to the journalist but on the information sources the journalist chosen to use. The same story is reported in a positive or negative way. Finally people are overwhelmed by contradictory information and became uncertain or frightened. In order to provide the general public with objective information about nuclear energy in particular and to made a statement about the position of the Belgian Catholic Church concerning this matter, the results of the study were published in Dutch under the form of a book with the title 'The Energy Sources and Nuclear Energy - Comparative analysis and ethical thoughts written the same author. Thia paper is a short survey of the results of the study and to present the point of view of the Belgian Catholic Church in the energy debate

  7. On the role of radiologists in the Belgian PROject on CAncer of the REctum, PROCARE.

    Science.gov (United States)

    Penninckx, F; Danse, E

    2006-01-01

    Radiologists are involved at all stages of the treatment of patients with rectum cancer: in the preoperative staging, in the diagnosis of postoperative complications, in the detection of recurrent or metastatic disease during follow-up, in the monitoring of the therapeutic effect of palliative therapy. PROCARE is a Belgian national project to improve outcome in all patients with rectum cancer. Guidelines were made by a multidisciplinary workgroup and are available on the web. Decentralised implementation of guidelines is organised by the scientific and professional organisations. It is planned that a central review committee of radiologists, delegated by the Royal Belgian Society of Radiology, will survey the quality of preoperative staging. Overall quality of care will be assured by registration in a specific national database starting in 2006. Participating teams will receive annual feedback. Radiologists should provide data on cTNM staging and cCRM. Differentiation between cT2 and cT3, cN0 and cN+, and measurement of the cCRM in mm are crucial as they have a relevant impact on treatment strategy. While spiral abdominal CT is adequate for cM staging, high-resolution MRI is highly recommended and, in fact, a necessity for locoregional staging because its adequacy is superior to that of CT-scan and EUS. However, EUS is mandatory when local excision is considered, i.e. for cT1N0 lesions. PMID:16607873

  8. Occupational stress, work-home interference and burnout among Belgian veterinary practitioners

    Directory of Open Access Journals (Sweden)

    Hansez I

    2008-04-01

    Full Text Available Abstract There have been few formal studies on stress in veterinary surgeons and, in the rare studies available, stress is not examined jointly through the levels of job strain and job engagement, the sources of stress in the issue of work environment and the work-home interference. The authors' goal in this study was to analyse job engagement, job strain, burnout, work-home interference and job stress factors among 216 Belgian veterinary surgeons. Rural practice was compared to small animal and mixed activity. The mean job strain and job engagement level in veterinary surgeons was not higher than what we found in other working populations. However, 15.6% of the group were found to be suffering from high burnout. Rural practitioners had a lower level of job engagement than small animal veterinary surgeons. These small animal practitioners had a lower level of job strain than the mixed practitioners. The level of burnout did not differ significantly across the three types of activity. In comparison to other Belgian and Dutch workers, veterinary surgeons perceived more negative work-home interference. Bovine and mixed practitioners were the most concerned with this problem. The two most important sources of stress reported by bovine practitioners were relations to farmers and working time management (including emergencies and availability.

  9. Risk perception of the Belgian population. Results of the public opinion survey in 2006

    Energy Technology Data Exchange (ETDEWEB)

    Van Aeken, K.; Turcanu, C.; Bombaerts, G.; Carle, B.; Hardeman, F.

    2007-01-15

    The Belgian Nuclear Research Center SCK-CEN 2006 risk perception barometer is based on over 1000 Computer Assisted Personal Interviews, taken from persons selected to be representative for the Belgian 18+ population, and all realized in the period March 21st to April 12th 2006. Besides the classical background variables used to obtain the quota for representativity (age, language, habitat, gender and social class), we also included a series of questions assessing the sociological context and the psychological personality profile. The main topics in the survey were I) risk perception and confidence in authorities; II) acceptance of legal norms for food products; III) acceptance of countermeasures for the food chain in case of a radiological contamination and associated consumers behaviour; IV) energy; v) disposal of radioactive waste; vi) perception of the Chernobyl accident and its consequences. Some of the questions asked in 2006 are similar to those enquired in the SCK barometer of 2002, in order to study the time evolution of the risk perception associated with various issues. For the part related to acceptance of legal norms and of countermeasures for the food chain, simulated news bulletins were used in order to better reproduce the real-life context of a contamination.

  10. SCK-CEN 2006 barometer on risk perception of the Belgian population

    International Nuclear Information System (INIS)

    Starting with 2000, the expert group Society and Policy Support carries out research on various aspects of risk governance. Measuring several risk perception items at regular intervals with the Belgian population is an important part of this research. SCK-CEN has organised a first risk perception barometer in 2002 and a second one in 2006. The 2006 barometer is based on 1063 Computer Assisted Personal Interviews, with a duration of approximately 35 minutes. The large scale of the survey ensures that general trends can be detected and allows specific and detailed analysis on subgroups of the population. Besides the classical background variables used to obtain a sample representative for the Belgian 18+ population (age, language, habitat, gender and social class), several questions were included assessing the sociological context and the psychological personality profile. A series of questions on risk perception, confidence in authorities and specific nuclear topics were repeated in 2006 and constitute a fixed core, allowing comparison over time in Belgium, as well as with the results from the IRSN French barometer. In addition, a number of topics such as acceptance of legal norms and management options for radioactively contaminated milk, energy, nuclear waste and the perception of the Chernobyl accident were covered in detail in the 2006 edition of the SCK-CEN barometer

  11. Risk perception of the Belgian population. Results of the public opinion survey in 2006

    International Nuclear Information System (INIS)

    The Belgian Nuclear Research Center SCK-CEN 2006 risk perception barometer is based on over 1000 Computer Assisted Personal Interviews, taken from persons selected to be representative for the Belgian 18+ population, and all realized in the period March 21st to April 12th 2006. Besides the classical background variables used to obtain the quota for representativity (age, language, habitat, gender and social class), we also included a series of questions assessing the sociological context and the psychological personality profile. The main topics in the survey were I) risk perception and confidence in authorities; II) acceptance of legal norms for food products; III) acceptance of countermeasures for the food chain in case of a radiological contamination and associated consumers behaviour; IV) energy; v) disposal of radioactive waste; vi) perception of the Chernobyl accident and its consequences. Some of the questions asked in 2006 are similar to those enquired in the SCK barometer of 2002, in order to study the time evolution of the risk perception associated with various issues. For the part related to acceptance of legal norms and of countermeasures for the food chain, simulated news bulletins were used in order to better reproduce the real-life context of a contamination.

  12. The Belgian regulatory framework for NORM industries : test-case of a phosphate production plant

    International Nuclear Information System (INIS)

    According to the Belgian radiation protection regulatory framework, some categories of NORM industries must register to the competent Belgian radiation protection authority (FANC, Federal Agency for Nuclear Control). The facilities must provide a set of information which allows the authority to assess the radiological impact of the industrial activity on the workers, the population and the environment. If the dose exceeds or is likely to exceed 1 mSv/y, corrective measures have to be implemented. FANC has issued a methodology in order to define more precisely the data needed to evaluate the radiological impact. The methodology lists also the exposure pathways which have to be taken into account and the relevant parameters for the evaluation of the doses. The case of a phosphate production plant is discussed in more details: although the exposure of the workers in the production process as such is rather limited, the specific activity of some residues (calcium fluoride sludge) reaches around 10 kBq/kg of Ra-226. This sludge is disposed off in a specific landfill for which a program of radiological monitoring has been implemented. It includes periodic measurements of dose rate and radon concentration on the landfill. (author)

  13. The international Finance Corporation and financing of sustainable energy

    International Nuclear Information System (INIS)

    The International Finance Corporation (IFC), a member of the World Bank Group, is the largest multilateral source of loan and equity financing for private sector projects in the developing world. IFC participates in an investment only when it can make a special contribution that complements the role of market operators. Since its founding 40 years ago, IFC has provided more than $18.8 billion in financing for 1,706 companies in developing countries. Its share capital is provided by its 170 member countries, which collectively determine its policies and activities. Strong shareholder support and a substantial paid-in capital base have allowed IFC to raise funds for its lending activities through its triple-A rated bond issues in international financial markets. (orig.)

  14. Does Islamic Finance Outperform Conventional Finance ? Further Evidence from the recent financial crisis

    OpenAIRE

    Fredj Jawadi; Nabila Jawadi; Waël Louhichi

    2014-01-01

    This paper aims to study the performance of Islamic finance regarding that of conventional finance over the last decade. This question is particularly interesting as within the current financial crisis, conventional finance is being rather ineffectual an

  15. De communicatiefunctie in Belgische organisaties: Hoe excellent is deze ingevuld? [Communications functions in Belgian organizations: How excellently are they implemented?

    NARCIS (Netherlands)

    Gorp, B. van; Pauwels, L.M.A.

    2009-01-01

    This study presents data, which were obtained by a web survey (n = 750), concerning the position of communications in the hierarchical structure of Belgian organizations with at least 50 employees. Results show that 43 percent of the organizations in the sample have an integrated communications depa

  16. The Belgian Minister of Economy, Energy, Foreign Trade and Science Policy, Marc Verwilghen, with CERN's Director-General, Robert Aymar.

    CERN Multimedia

    Michel Blanc

    2005-01-01

    Marc Verwilghen, Belgian Minister of Economy, Energy, Foreign Trade and Science Policy, came to CERN on 8 April 2005, where he visited the CMS assembly hall and underground cavern, as well as the hall where the LHC superconducting magnets are being tested.

  17. Work related neck and upper limb symptoms (RSI) : high risk occupations and risk factors in the Belgian working population

    NARCIS (Netherlands)

    Blatter, B.M.; Bongers, P.M.; Witte, H. de

    1999-01-01

    In this study on prevalence and risk factors for work related neck or upper limb symptoms in the Belgian working population, the researchers have found an overall prevalence of work and upper limb symptoms occurring in the past 12 months of 39%. High risk occupations for neck and shoulder symptoms w

  18. The Adaptation Finance Gap Report

    DEFF Research Database (Denmark)

    UNEP’s Adaptation Gap Report series focuses on Finance, Technology and Knowledge gaps in climate change adaptation. It compliments the Emissions Gap Report series, and explores the implications of failing to close the emissions gap. The report builds on a 2014 assessment by the United Nations...... Environment Programme (UNEP), which laid out the concept of ‘adaptation gaps’ and outlined three such gaps: technology, finance and knowledge. The 2016 Adaptation Gap Report assesses the difference between the financial costs of adapting to climate change in developing countries and the amount of money...... actually available to meet these costs – a difference known as the “adaptation finance gap”. Like the 2014 report, the 2016 report focuses on developing countries, where adaptation capacity is often the lowest and needs the highest, and concentrates on the period up to 2050. The report identifies trends...

  19. Evaluating health care financing in a highly decentralized Beveridge model

    Directory of Open Access Journals (Sweden)

    Jan Klavus

    2012-11-01

    Full Text Available The Finnish health care system is financed in a highly decentralized manner. In the tax-financed Beveridge model each municipality is responseble for financing and organizing health care services for its residents. This paper examined the annual incidence and treatment costs of three cost-intensive DRG-groups, and all DRG-groups together. The objective was to estimate municipal level predictions on the incidence of new illness cases and their associated costs, and to analyze whether there was greater uncertainty in anticipated specialized health care costs in municipalities with smaller populations. The dataset comprised of longitudinal hospital utilization and discharge data from Hospital Discharge Registers. The expected annual variation of illness cases and costs was assessed with respect to 95% confidence intervals estimated for each morbidity group and municipality. The results indicated that the costs of the selected morbidity groups fluctuated in a completely uncontrollable manner in municipalities with small populations. As the median size of Finnish municipalities is less than 6000, the inability to anticipate periodic health care costs constitutes an extensive financial problem and calls for the establishment of larger regional units and funding pools.

  20. Financing patterns of European SMEs – an empirical taxonomy

    OpenAIRE

    Moritz, Alexandra; Block, Joern; Heinz, Andreas

    2016-01-01

    This EIF Working Paper takes a holistic approach to investigate SME financing patterns in Europe by performing a cluster analysis including 12,726 SMEs in 28 European countries. The results reveal that SME financing in Europe is not homogenous but that different financing patterns exist. The cluster analysis identifies six distinct SME financing types: mixed-financed SMEs, state-subsidised SMEs, debt-financed SMEs, flexible-debt-financed SMEs, trade-financed SMEs and internally-financed SMEs....

  1. The managerial process of business financing

    Directory of Open Access Journals (Sweden)

    Solomia Andres

    2008-10-01

    Full Text Available This paper presents some modalities and financing forces for business, getting out in the first place the entrepreneur ingenuity for finding these sources of financing necessary for the business success. Also get some contributions and proposals regarding the criteria’s of which the entrepreneur must be take care in choosing the financial sources, for preparing the finance pack and presenting the financing demands, which good documented, not only grows up the chances of one financing but also can lead to fix some relations on long time with financing source.

  2. The Islamic Finance and Banking

    OpenAIRE

    Shektbayev, Nurbulat

    2015-01-01

    My thesis consists of two parts. The first part is the theoretical one, where I am going to introduce basic models of Islamic finance and banking. Assess the pros and cons of these models and the whole Islamic finance and banking industry. I will make a review of its history and find out reasons that have led to its creation. The second part is the practical one where I am going to find connections between the theoretical issues and data from the qualitative research method (in form of interv...

  3. The euro and corporate financing

    OpenAIRE

    Bris, Arturo; Koskinen, Yrjö; Nilsson, Mattias

    2011-01-01

    In this paper we study how the introduction of the euro has affected corporate financing in Europe. We use firm-level data from eleven euro area countries as well as from a control group of five other European countries spanning the years 1991–2006. We show that firms from euro area countries that previously had weak currencies have increased both their equity and their debt financing compared to the control group. We also show that results are stronger for firms that hail from less financial...

  4. Project finance for renewable energy

    International Nuclear Information System (INIS)

    This paper is intended to provide general advice to sponsors of renewable energy projects who expect to raise project-based financing from commercial banks to fund the development of their projects. It sets out, for the benefit of such sponsors, how bankers typically approach the analysis of these undertakings and in particular the risk areas on which they concentrate. By doing so it should assist sponsors to maximize their prospects of raising bank finance. The watchword for sponsors approaching banks must be ''Be Prepared'' . (author)

  5. A federal audit of the Belgian radiotherapy departments in breast cancer treatment

    International Nuclear Information System (INIS)

    Background: The Belgian Federal College of Radiotherapy carried out an external audit of breast cancer patient documentation in the 26 Belgian radiotherapy centres. The objective was to assess compliance with the recommendations regarding minimal requirements for documentation of radiotherapy prescription and administration. All centres volunteered to take part in this audit. Methods: Two experienced radiation oncologists site-visited the departments over a 6 month period (Sept. 2003-Feb. 2004), with a list of items to be verified, including details on the surgery, the pathological report, details on systemic treatments, details on the radiotherapy prescription (and consistency with therapeutic guidelines) and delay surgery/radiotherapy. Findings: Three hundred and eighty-nine patients files were reviewed, for a total of 399 breast cancers (10 patients with bilateral cancer). Mean age was 57.8 y (range 29-96). Breast conservative surgery (BCS) was used in 71%; radical mastectomy in 29%. A complete pathological report was present in all files but 2 (99.5% conformity). 5.2% were treated for DCIS, 61.6% for pT1, 28.2% for pT2 and 5% for pT3-4. Data regarding resection margins were specified to be free in 76.2%, tangential in 12% (within 2 mm) and positive for DCIS in 3.8% or invasive cancer in 1.5% (no information, on margins in 6.5%). The pT stage was always specified, and consistent with the macroscopic and microscopic findings. Hormonal receptors were routinely assessed (94.7%), as well as Her2neu (87.4%). Axillary surgery was carried out in 92%, either by sentinel node biopsy or by complete clearance, in which case the median number of nodes analysed was 12 for all centres together (7-17). All radiotherapy prescriptions were in line with evidence-based standards of therapy (i.e., irradiation of breast after BCS or after mamectomy (in case of pN+), but one. The mean delay between surgery and radiotherapy was 5.5 weeks (SD 11days). Conclusion: There was a high

  6. RISCOM Applied to the Belgian Partnership Model: More and Deeper Levels

    Energy Technology Data Exchange (ETDEWEB)

    Bombaerts, Gunter; Bovy, Michel; Laes, Erik [SCKCEN, Mol (Belgium). PISA

    2006-09-15

    Technology participation is not a new concept. It has been applied in different settings in different countries. In this article, we report a comparing analysis of the RISCOM model in Sweden and the Belgian partnership model for low and intermediate short-lived nuclear waste. After a brief description of the partnerships and the RISCOM model, we apply the latter to the first and come to recommendations for the partnership model. The strength of the partnership approach is at the community level. In one of the villages, up to one percent of the population was motivated to discuss at least once a month for four years the nuts and bolts of the repository concept. The stress on the community level and the lack of a guardian includes a weakness as well. First of all, if communities come into competition, the inter-community discussions can start resembling local politics and can become less transparent. Local actors are concerned actors but actors at the national level are concerned as well. The local decisions influence how the waste will be transported. The local decisions also determine an extra cost of electricity. We therefore recommend a broad (in terms of territory) public debate on the participation experiments preceding and concluding the local participation process in which this local process maintains an important position. The conclusions of our comparative analysis are: (1) The guardian of the process at the national level is missing. Since the Belgian nuclear regulator plays a controlling role after the process, we recommend a technology assessment institute at the federal level. (2) We state that stretching in the partnership model can happen more profoundly and recommend a 'counter institute' at the European level. The role of non-participative actors should be valued. (3) Recursion levels can be taken as a point of departure for discussion about the problem framing. If people accept them, there is no problem. If people clearly mention issues

  7. RISCOM Applied to the Belgian Partnership Model: More and Deeper Levels

    International Nuclear Information System (INIS)

    Technology participation is not a new concept. It has been applied in different settings in different countries. In this article, we report a comparing analysis of the RISCOM model in Sweden and the Belgian partnership model for low and intermediate short-lived nuclear waste. After a brief description of the partnerships and the RISCOM model, we apply the latter to the first and come to recommendations for the partnership model. The strength of the partnership approach is at the community level. In one of the villages, up to one percent of the population was motivated to discuss at least once a month for four years the nuts and bolts of the repository concept. The stress on the community level and the lack of a guardian includes a weakness as well. First of all, if communities come into competition, the inter-community discussions can start resembling local politics and can become less transparent. Local actors are concerned actors but actors at the national level are concerned as well. The local decisions influence how the waste will be transported. The local decisions also determine an extra cost of electricity. We therefore recommend a broad (in terms of territory) public debate on the participation experiments preceding and concluding the local participation process in which this local process maintains an important position. The conclusions of our comparative analysis are: (1) The guardian of the process at the national level is missing. Since the Belgian nuclear regulator plays a controlling role after the process, we recommend a technology assessment institute at the federal level. (2) We state that stretching in the partnership model can happen more profoundly and recommend a 'counter institute' at the European level. The role of non-participative actors should be valued. (3) Recursion levels can be taken as a point of departure for discussion about the problem framing. If people accept them, there is no problem. If people clearly mention issues that are

  8. Does municipal co-financing reduce hospitalisation rates in Denmark?

    DEFF Research Database (Denmark)

    Vrangbæk, Karsten; Lærke Sørensen, Mette

    2013-01-01

    Aims: To provide a preliminary answer to the question of whether the economic incentives introduced by the municipal co-financing of hospital services work as intended in the reform. Methods: This study is based on 30 statistical cross-section linear regressions, OLS, using data from Statistics...... Denmark (Statistikbanken) and the Municipal Financial Accounts. Supplemented by data from a survey study from municipal health managers in all municipalities of the country. Results: Despite the favourable conditions presented by the design of our analysis, it is not possible to demonstrate a clear link...... between local efforts and number of admissions from the municipalities. Conclusions: The study does not support one of the fundamental theoretical assumptions behind the municipal co-financing introduced in the 2007 structural reform in Denmark. While the study failed to establish systematic links between...

  9. (Micro)Financing to Give

    DEFF Research Database (Denmark)

    Bajde, Domen

    2013-01-01

    transaction. We turn to recent efforts of hybridizing charity and venture finance, exemplified by microfinance platforms such as Kiva.org. We combine data from an existing study of Kiva and its online community, with additional participant observation and third-party accounts detailing the evolution and...

  10. Microleasing : Overcoming Equipment Financing Barriers

    OpenAIRE

    Goldberg , Mike

    2008-01-01

    As their businesses grow, many microbusiness owners would like to purchase new machinery from a microfinance institution (MFI), since such equipment can hold the key to increasing production. However, MFIs are often not able or willing to lend for longer periods of time, with grace periods that long term lending for machinery requires. Long term financing from other sources is usually not ...

  11. Guideposts for Low Carbon Finance

    International Nuclear Information System (INIS)

    The author proposes four guideposts for efficient low carbon finance: remove subsidies for high-carbon technologies, improve the cost-effectiveness of low-carbon subsidies, encourage private sector innovation and maintain transparent public policy tools that support cost-benefit accounting

  12. New Approaches to Debt Financing.

    Science.gov (United States)

    Levitz, Larry; And Others

    1987-01-01

    The use of tax-exempt and taxable bonds by colleges and universities to raise capital is discussed. Currently, the most common tax-exempt instrument issued by higher education institutions is the revenue bond. Until the early 1980s the most common form of tax-exempt financing was long-term fixed-rate debt. Variable or floating rate debt became…

  13. Financing Higher Education in Canada.

    Science.gov (United States)

    Association of Universities and Colleges of Canada, Ottawa (Ontario).

    It is the purpose of the committee responsible for this document to study, report, and make recommendations on the financing of universities and colleges of Canada, with particular reference to the decade ending 1975, including: (1) prospective financial requirements of universities and colleges, for operation, research, physical facilities and…

  14. Revolution in Business and Finance

    OpenAIRE

    Hazel Henderson

    2003-01-01

    Hazel Henderson argues that the world must address how to finance development through innovative funding sources, as well as how to fund global public goods as a matter of priority in the new global order. Development (2003) 46, 55–60. doi:10.1177/1011637003046001584

  15. Financing Community Education. A Primer.

    Science.gov (United States)

    Knight, Philip H.

    This manual is divided into three modules designed for use in a self-teaching situation. The first module presents a philosophical discussion of financing community education. The traditional model, requiring subordination of community education goals to the goals of the funding agency, is contrasted with an alternative model that establishes…

  16. Genetic parameters and estimated breeding values of insect bite hypersensitivity in Belgian Warmblood horses.

    Science.gov (United States)

    Peeters, Liesbet M; Janssens, Steven; Brebels, Machteld; Buys, Nadine

    2015-12-01

    Genetic factors involved in susceptibility to insect bite hypersensitivity (IBH) in Belgian Warmblood horses (BWP) were investigated. Data relating to 3409 horses were collected using a questionnaire, administered to owners during sport competitions, BWP breeding days, breeder visits and after phone calls. Horses were classified as IBH-affected or unaffected, based on two 'disease classifiers': a lifetime record, based on owner information (life_status) and another based on whether or not the horse was showing clinical signs at the time of questioning (clin_status). IBH prevalence was 10% based on life_status, and 6.2% based on clin_status. The heritabilities estimated using threshold animal models varied from 0.65 to 0.78 on the underlying scale (0.18-0.26 on the observed scale). These research findings indicate that susceptibility to IBH is a heritable trait in BWP. PMID:26586216

  17. Chemical analyses of dredged spoil disposal sites at the Belgian part of the North Sea.

    Science.gov (United States)

    De Witte, Bavo; Ruttens, Ann; Ampe, Bart; Waegeneers, Nadia; Gauquie, Johanna; Devriese, Lisa; Cooreman, Kris; Parmentier, Koen

    2016-08-01

    The chemical status of five dredged spoil disposal sites in the Belgian Part of the North Sea is evaluated. A linear mixed-effect model was applied to PCB, PAH and heavy metal data from 2005 to 2014. No decrease in PCB concentrations was found, with even an increase at two disposal sites. Hg/AL ratios increased with 62% at one disposal site (BR&WS2) from 2005 to 2006 to 2013-2014. Cu and Zn concentrations increased at two disposal sites. Additional harbour sampling suggests that the latter is possibly linked to antifouling paints. Based on OSPAR environmental assessment criteria, the current chemical status of the sites suggests no chronic effect of dredged spoil disposal. However, increasing time trend data for PCB, Hg, Cu and Zn demonstrate the importance of monitoring to identify adverse trends. PMID:27176939

  18. Engineering for Operation of a Future Belgian Deep Geological Repository for ILW and HLW - 12379

    International Nuclear Information System (INIS)

    In Belgium, an advanced conceptual design is being elaborated for deep geologic disposal of high level waste (HLW) and for low and intermediate level waste (LILW) not amenable for surface disposal. The concept is based on a shielded steel and concrete container for disposal of HLW, i.e., the Super-container. LILW will be disposed of in separately designed concrete caissons. The reference host rock is the Boom Clay, a poorly indurated clay formation in northeastern Belgium. Investigations into the potential host rock are conducted at the HADES underground research laboratory in Mol, Belgium. In 2009 the Belgian Agency for Management of Radioactive Waste and Enriched Fissile Materials (ONDRAF/NIRAS) initiated a four year research project aimed at confirming the fundamental feasibility of building and operating a repository. The goal of the program is to demonstrate at a detailed conceptual level that the proposed geologic disposal system can be safely constructed, operated, and progressively closed. Part of the broader research efforts being conducted includes evaluations optimization of the waste transportation shaft, subsurface transportation system, ventilation system, and evaluation of backfilling and sealing concepts for the repository design. The potential for implementation of a waste retrieval strategy encompassing the first 100 years after emplacement is also considered. In the framework of a four year research program aimed at confirming the fundamental feasibility of building and operating a repository in poorly indurated clay design studies have been underway to optimize the waste transportation shaft, subsurface transportation system, and ventilation system. Additionally backfilling and sealing concepts proposed for the potential repository have been reviewed in conjunction with impacts related to the potential future inclusion of a retrievability requirement in governing regulations. The main engineering challenges in the Belgian repository concept are

  19. Brief report: Citizenship concepts among adolescents. Evidence from a survey among Belgian 16-year olds.

    Science.gov (United States)

    Dejaeghere, Yves; Hooghe, Marc

    2009-06-01

    In this research note we investigate the occurrence of citizenship concepts among adolescents in Belgium. The analysis is based on the Belgian Youth Survey (2006), which is a representative survey among 6330 16-year olds in the country. Citizenship concepts were shown to be multi-dimensional, with distinct factors for conventional or electoral participation and civic engagement. A third, weaker factor could be distinguished covering obedience to the law. This structure is largely in line with earlier comparative analysis. An exploratory analysis suggests that these factors have different outcomes on actual or intended political participation behavior of adolescents. We discuss the relevance of these findings with regard to the current debates on civic education and civic engagement among younger age cohorts. PMID:19264354

  20. Qualification of non-destructive examination for belgian nuclear reactor pressure vessel inspection

    Energy Technology Data Exchange (ETDEWEB)

    Couplet, D. [TRACTEBEL, Brussels (Belgium); Francoise, T. [Intercontrole, 94 - Rungis (France)

    2001-07-01

    In Service Inspection (ISI) participates to the assessment of Nuclear Reactor Pressure Vessel Integrity. The performance of Non Destructive Examination (NDE) techniques must be demonstrated according to predefined objectives. The qualification process is essential to trust the reliability of the information provided by NDE. In Belgian Nuclear Power Plants, the qualification was conducted through a collaboration between the vendor and a technical group from the Electricity Utility. The important facts of this qualification will be presented: - the detailed definition of the inspection and qualifications objectives, based on a combination of the ASME code and the European Methodology for Qualification; - the systematic verification of the NDE performance and limitations, for each ISI objective, through an adequate combination of tests on blocks and technical justification; - the continuous improvement of the NDE procedure; - the feedback and the lessons learnt from site experience; - the necessary multi-disciplinary approach (NDE, degradation mechanisms, structural integrity)

  1. Congomania in Academia. Recent Historical Research on the Belgian Colonial Past

    Directory of Open Access Journals (Sweden)

    S.E. Kiangu

    2011-01-01

    Full Text Available The Congo has recently been the subject of much academic research. This article discusses the major trends and developments. It primarily focuses on the Congo crisis of 1960, which was commemorated in 2010 and has been inquired into by many historians, including American, British and Russian ones. A comparison of their conclusions reveals that Flanders has largely come to terms with its colonial past, but that the French-speaking community has a more problematic memory. Belgian academia, by contrast, has left the old controversies about Leopold II and Lumumba behind and embarked on the path of new imperial history. It approaches the Congolese past from new angles and with new paradigms, such as reciprocity, science, exhibition, representation, etc. Congolese academia suffers from the economic problems of the country, but has managed to produce a number of studies, focusing mainly on regions, religion, and resistance. Strikingly, Congolese historians have little criticism of the colonial era.

  2. 1997 Scientific Report[1997 Scientific Report of the Belgian Nuclear Research Centre

    Energy Technology Data Exchange (ETDEWEB)

    Govaerts, P.

    1998-07-01

    The 1997 Scientific Report of the Belgian Nuclear Research Centre SCK-CEN describes progress achieved in nuclear safety, radioactive waste management, radiation protection and safeguards. In the field of nuclear research, the main projects concern the behaviour of high-burnup and MOX fuel, the embrittlement of reactor pressure vessels, the irradiation-assisted stress corrosion cracking of reactor internals, and irradiation effects on materials of fusion reactors. In the field of radioactive waste management, progress in the following domains is reported: the disposal of high-level radioactive waste and spent fuel in a clay formation, the decommissioning of nuclear installations, the study of alternative waste-processing techniques. For radiation protection and safeguards, the main activities reported on are in the field of site and environmental restoration, emergency planning and response and scientific support to national and international programmes.

  3. Radiological optimization[1997 Scientific Report of the Belgian Nuclear Research Centre

    Energy Technology Data Exchange (ETDEWEB)

    Zeevaert, T.

    1998-07-01

    Radiological optimization is one of the basic principles in each radiation-protection system and it is a basic requirement in the safety standards for radiation protection in the European Communities. The objectives of the research, performed in this field at the Belgian Nuclear Research Centre SCK-CEN, are: (1) to implement the ALARA principles in activities with radiological consequences; (2) to develop methodologies for optimization techniques in decision-aiding; (3) to optimize radiological assessment models by validation and intercomparison; (4) to improve methods to assess in real time the radiological hazards in the environment in case of an accident; (5) to develop methods and programmes to assist decision-makers during a nuclear emergency; (6) to support the policy of radioactive waste management authorities in the field of radiation protection; (7) to investigate existing software programmes in the domain of multi criteria analysis. The main achievements for 1997 are given.

  4. Sustainability of Global and Local Food Value Chains: An Empirical Comparison of Peruvian and Belgian Asparagus

    Directory of Open Access Journals (Sweden)

    Jana Schwarz

    2016-04-01

    Full Text Available The sustainability of food value chains is an increasing concern for consumers, food companies and policy-makers. Global food chains are often perceived to be less sustainable than local food chains. Yet, thorough food chain analyses and comparisons of different food chains across sustainability dimensions are rare. In this article we analyze the local Belgian and global Peruvian asparagus value chains and explore their sustainability performance. A range of indicators linked to environmental, economic and social impacts is calculated to analyze the contribution of the supply chains to economic development, resource use, labor relations, distribution of added value and governance issues. Our findings suggest that none of the two supply chains performs invariably better and that there are trade-offs among and between sustainability dimensions. Whereas the global chain uses water and other inputs more intensively and generates more employment per unit of land and higher yields, the local chain generates more revenue per unit of land.

  5. Health effects[1997 Scientific Report of the Belgian Nuclear Research Centre

    Energy Technology Data Exchange (ETDEWEB)

    Mahieu, L.

    1998-07-01

    The objectives of the research in the field of epidemiology , performed at the Belgian Nuclear Research Centre SCK-CEN are (1) to study cancer mortality and morbidity in nuclear workers in Belgium; (2) to document the feasibility of retrospective cohort studies in Belgium; (3) to participate in the IARC study. For radiobiology, the main objectives are: (1) to elucidate the mechanisms of the effects of ionizing radiation on the mammalian embryo during the early phase of its development, (2) to assess the genetic risks of maternal exposure to ionizing radiation, (3) to elucidate the mechanisms by which damage to the brain and mental retardation are caused in man after prenatal irradiation. The main achievements in these domains for 1997 are presented.

  6. Safety culture in a Belgian nuclear research centre from a social science point of view

    International Nuclear Information System (INIS)

    This paper is the result of a reflection within the framework of a Ph.D. research at SCK-CEN (Belgian Nuclear Research Centre) in collaboration with the University of Liege. The starting point of the work was the 'safety culture' model presented in the IAEA report 75-INSAG-4. This model is applied to the working organization of the SCK-CEN, also considering the safety culture as an open concept given its multi dimensionality. The methodology is based on three methods: observations, focus groups and interviews. The fieldwork was limited to two main installations: a research reactor, and a dismantling site. The preliminary findings are based on the data resulting from 4 Focus Groups. The most prominent components of a safety culture and the multiplicity of safety cultures in a large organization such as SCK-CEN will be discussed. (author)

  7. Behaviour of the steam generators in the Belgian nuclear power plants

    International Nuclear Information System (INIS)

    After a brief review of the degradations occurring on tubes of Inconel 600 in steam generators of PWR power stations emphasis is put on the conditioning of the secondary water and more particularly on the condensate treatment in the units of Doel which work on heavily polluted brackish water. The important role of non-destructive testing and eddy-current testing is also pointed out, method developed by Laborelec. The operational experience shows that Belgian stations are nearly not concerned by the degradations mostly found in power stations in other countries which shows the efficiency of the conditioning of the secondary water. On the other hand, other problems have occurred, resulting from: damage caused by foreign objects; fouling of tube before commissioning, cracking of bends and at the limit of the dudgeoning and leaking plugs. (AF)

  8. Random output and hospital performance.

    Science.gov (United States)

    Barros, Pedro Pita

    2003-11-01

    Many countries are under pressure to reform health care financing and delivery. Hospital care is one part of the health system that is under scrutiny. Private management initiatives are a possible way to increase efficiency in health care delivery. This motivates the interest in developing methodologies to assess hospital performance, recognizing hospitals as a different sort of firm. We present a simple way to describe hospital production: hospital output as a change in the distribution of survival probabilities. This output definition allows us to separate hospital production from patients' characteristics. The notion of "better performance" has a precise meaning: (first-order) stochastic dominance of a distribution of survival probabilities over another distribution. As an illustration, we compare, for an important DRG, private and public management and find that private management performs better, mainly in the range of high-survival probabilities. The measured performance difference cannot be attributed to input prices or to economies of scale and/or scope. It reflects pure technological and organisational differences. PMID:14686628

  9. Recent Developments in Quantitative Finance: An Overview

    OpenAIRE

    Chang, Chia-Lin; Hu, Shing-Yang; Yu, Shih-Ti

    2014-01-01

    Quantitative finance combines mathematical finance, financial statistics, financial econometrics and empirical finance to provide a solid quantitative foundation for the analysis of financial issues. The purpose of this special issue on “Recent developments in quantitative finance” is to highlight some areas of research in which novel methods in quantitative finance have contributed significantly to the analysis of financial issues, specifically fast methods for large-scale non-elliptical por...

  10. E-Finance Development in Korea

    OpenAIRE

    Choong Young Ahn; Doo Yong Yang

    2011-01-01

    E-finance in Korea has evolved since the late 1980s, when developments in information and telecommunication technology started to be applied to the financial industry. Since the 1990s, e-finance has led a paradigm shift in the financial industry as financial transactions in computer-based tools began increasing. There are several factors that contributed to e-finance development. Korea possess the basic requisite conditions to foster thriving e-finance, including an advanced IT infrastructure...

  11. Education Financing of Rural Households in China

    OpenAIRE

    Wang, Hua-shu; Moll, Henk

    2010-01-01

    The purpose of this paper was to examine children’s education financing alternatives among households in rural China. Data on education financing was from a household survey conducted in three poverty villages in Guizhou, China. The difference in financing education by households was verified through non-parametric testing. Findings show that private savings is dominant in financing education of children in school. Formal loans are almost absent even in the highest wealth group examined. The ...

  12. Behavioral Finances versus Technical and Fundamental Analysis

    OpenAIRE

    Ion Stancu; Adrian Mitroi

    2007-01-01

    Although the field of modern finance has progressed impressively, it is still hard to explain on a scientific basis why people behave nonrationally when dealing with money. The classic finance assumes people rationalize and optimize their financial decisions. Behavioral Finance adds the importance of what investors should do and complements the mantra of classic finance with what people actually do, in terms of economic decisions. The new field of Neuroeconomy investigates the subtle and prof...

  13. Foundations and Trends(R) in Finance

    OpenAIRE

    Shefrin, Hersh

    2010-01-01

    Finance is in the midst of a paradigm shift, from a neoclassical based framework to a psychologically based framework. Behavioral finance is the application of psychology to financial decision making and financial markets. Behavioralizing finance is the process of replacing neoclassical assumptions with behavioral counterparts. This monograph surveys the literature in behavioral finance, and identifies both its strengths and weaknesses. In doing so, it identifies possible directions for behav...

  14. Financing power projects in emerging markets

    International Nuclear Information System (INIS)

    Financing for power generation projects in the developing countries of the world has been provided by the United States Export-Import Bank. The loans provided by its new Project Finance Division, totalling $8.3 billion are described. The future of project financing for the power generation industry should, it is argued, rest not with government financing agencies, but with private sector financial markets. (UK)

  15. Internationalisation and financing options of Ghanaian SMEs

    OpenAIRE

    Joshua Abor

    2004-01-01

    This article presents a study of internationalisation and the financing options of Ghanaian small and medium scale nontraditional exporters. The article also examines how the age and size of an organisation affect the choice of financing. The results show a positive association between debt financing and the age of an organisation. Over time, organisations become more acceptable investments to lenders, and consequently older organisations are more likely to obtain debt financing than their yo...

  16. ASPECTS REGARDING THE FINANCING OF HIGHER EDUCATION

    OpenAIRE

    Adrian Macris; Maria Macris

    2008-01-01

    This paper sets forth the issue of financing higher education in Romania according tothe fundamental principles adopted by most of the countries of the European Union. Under suchcircumstances, the two components of financing State universities are minutely exhibited, namelybasic financing and complementary financing. At the same time, the extremely important matterrequiring the foundation of an efficient and competitive educational system demanded by the newenvironment also implies the provid...

  17. Corporate Self-Financing and Growth

    OpenAIRE

    Ricardo Bebczuk; Lorena Garegnani

    2006-01-01

    This paper analyzes the advantages and disadvantages of corporate self-financing from de perspective of corporative finance in order to evaluate its macroeconomic consequences. Specifically, a corporate self-financing coefficient is calculated for a group of 15 countries of OECD during the period 1970-2003. Using recent panel data methods, this paper studies the long-run effect of the corporate self-financing coefficient on the corporate investment, the total factor productivity and the outpu...

  18. The vanishing effect of finance on growth

    OpenAIRE

    Gründler, Klaus

    2015-01-01

    This paper investigates the causes of the "vanishing effect of finance" detected in recent studies. The results highlight that the negative effect of the financial system on growth is mainly driven by advanced economies, whereas finance is still beneficial for income increases in developing countries. The reason is that finance and growth are associated via a nonlinear relationship, which is due to a fundamental change in the transmission mechanism of finance across different levels of econom...

  19. Towards a theory of trade finance

    OpenAIRE

    Schmidt-Eisenlohr, Tim

    2011-01-01

    Shipping goods internationally is risky and takes time. Therefore, trading partners not only have to agree on the specification and the price of a good, but also on the timing of payments. To allocate risk and to finance the time gap between production and sale, a range of different payment contracts is utilized, broadly classified into exporter finance (Open Account), importer finance (Cash in Advance) and bank finance (Letter of Credit). I study the optimal choice between these three types ...

  20. The Belgian coal tips: geomorphic and pedogenetic research with community service and educational aspects

    Science.gov (United States)

    Nyssen, Jan; Vermeersch, Dominiek; Diependaele, Stijn; van Ranst, Eric; Derycke, Anja; Corexenos, Pavlos; Palmers, Jo; Poesen, Jean

    2010-05-01

    Coal tips are composed of various materials, essentially sterile rock but also waste such as mine wood, scrap metal as well as scoria from surface facilities. Rocks composing Belgian coal tips belong to the Westfalian and Namurian (approx. 320 Ma) and include psammites, schists and coal residues. Currently, these coal tips are increasingly regarded as socio-cultural heritage. Worldwide, several studies have focused on the factors controlling the magnitude of geomorphic processes, such as nature of slope material, vegetation type and cover, the role of self-ignition and combustion, time and slope gradient. In the international literature, research gaps concern particular processes, such as causes and consequences of the widespread tree toppling and root throw, rock fragment movement at the surface, or gully control by check dams. Especially spatially distributed erosion rates by the various processes active on coal tips, neither sediment budgets seem ever to have been established. The same holds for regional (subcontinental) variability in slope processes on coal tips. The many Belgian coal tips that have not been levelled provide a unique opportunity for geomorphological and pedogenetical studies, which have so far demonstrated the existence of: - correlations between the intensity of observed geomorphic processes and a broad range of bio-physical explanatory factors; - strong and reciprocal influences between the vegetation of coal tips and the morphology of the colonised slopes; - absence of strong relations between gully activity and slope angle, resulting from the narrow range of slope gradients on coal tips; - possibilities to locate landslide risk zones through combined use of Digital Elevation Models and thermographic imagery; - presence of neoformed minerals on burning/burned coal tips, which impact the soil forming processes as well as soil quality.

  1. Average daily nitrate and nitrite intake in the Belgian population older than 15 years.

    Science.gov (United States)

    Temme, E H M; Vandevijvere, S; Vinkx, C; Huybrechts, I; Goeyens, L; Van Oyen, H

    2011-09-01

    The aim of this study was to assess the dietary intake of nitrate and nitrite in Belgium. The nitrate content of processed vegetables, cheeses and meat products was analysed. These data were completed by data from non-targeted official control and from the literature. In addition, the nitrite content of meat products was measured. Concentration data for nitrate and nitrite were linked to food consumption data of the Belgian Food Consumption Survey. This study included 3245 respondents, aged 15 years and older. Food intakes were estimated by a repeated 24-h recall using EPIC-SOFT. Only respondents with two completed 24-h recalls (n=3083) were included in the analysis. For the intake assessment, average concentration data and individual consumption data were combined. Usual intake of nitrate/nitrite was calculated using the Nusser method. The mean usual daily intake of nitrate was 1.38 mg kg(-1) bodyweight (bw) day(-1) and the usual daily intake at the 97.5 percentile was 2.76 mg kg(-1) bw day(-1). Exposure of the Belgian population to nitrate at a mean intake corresponded to 38% of the ADI (while 76% at the 97.5 percentile). For the average consumer, half of the intake was derived from vegetables (especially lettuce) and 20% from water and water-based drinks. The average daily intake of nitrate and nitrite from cheese and meat products was low (0.2% and 6% of the ADI at average intake, respectively). Scenario analyses with a higher consumption of vegetables or a higher nitrate concentration in tap water showed a significant higher intake of nitrate. Whether this is beneficial or harmful must be further assessed. PMID:21728895

  2. Risk assessment for furan contamination through the food chain in Belgian children.

    Science.gov (United States)

    Scholl, Georges; Huybrechts, Inge; Humblet, Marie-France; Scippo, Marie-Louise; De Pauw, Edwin; Eppe, Gauthier; Saegerman, Claude

    2012-08-01

    Young, old, pregnant and immuno-compromised persons are of great concern for risk assessors as they represent the sub-populations most at risk. The present paper focuses on risk assessment linked to furan exposure in children. Only the Belgian population was considered because individual contamination and consumption data that are required for accurate risk assessment were available for Belgian children only. Two risk assessment approaches, the so-called deterministic and probabilistic, were applied and the results were compared for the estimation of daily intake. A significant difference between the average Estimated Daily Intake (EDI) was underlined between the deterministic (419 ng kg⁻¹ body weight (bw) day⁻¹) and the probabilistic (583 ng kg⁻¹ bw day⁻¹) approaches, which results from the mathematical treatment of the null consumption and contamination data. The risk was characterised by two ways: (1) the classical approach by comparison of the EDI to a reference dose (RfD(chronic-oral)) and (2) the most recent approach, namely the Margin of Exposure (MoE) approach. Both reached similar conclusions: the risk level is not of a major concern, but is neither negligible. In the first approach, only 2.7 or 6.6% (respectively in the deterministic and in the probabilistic way) of the studied population presented an EDI above the RfD(chronic-oral). In the second approach, the percentage of children displaying a MoE above 10,000 and below 100 is 3-0% and 20-0.01% in the deterministic and probabilistic modes, respectively. In addition, children were compared to adults and significant differences between the contamination patterns were highlighted. While major contamination was linked to coffee consumption in adults (55%), no item predominantly contributed to the contamination in children. The most important were soups (19%), dairy products (17%), pasta and rice (11%), fruit and potatoes (9% each). PMID:22632631

  3. Salmonella surveillance and control at post-harvest in the Belgian pork meat chain.

    Science.gov (United States)

    Delhalle, L; Saegerman, C; Farnir, F; Korsak, N; Maes, D; Messens, W; De Sadeleer, L; De Zutter, L; Daube, G

    2009-05-01

    Salmonella remains the primary cause of reported bacterial food borne disease outbreaks in Belgium. Pork and pork products are recognized as one of the major sources of human salmonellosis. In contrast with the primary production and slaughterhouse phases of the pork meat production chain, only a few studies have focussed on the post-harvest stages. The goal of this study was to evaluate Salmonella and Escherichia coli contamination at the Belgian post-harvest stages. E. coli counts were estimated in order to evaluate the levels of faecal contamination. The results of bacteriological analysis from seven cutting plants, four meat-mincing plants and the four largest Belgian retailers were collected from official and self-monitoring controls. The prevalence of Salmonella in the cutting plants and meat-mincing plants ranged from 0% to 50%. The most frequently isolated serotype was Salmonella typhimurium. The prevalence in minced meat at retail level ranged from 0.3% to 4.3%. The levels of Salmonella contamination estimated from semi-quantitative analysis of data relating to carcasses, cuts of meat and minced meat were equal to -3.40+/-2.04 log CFU/cm(2), -2.64+/-1.76 log CFU/g and -2.35+/-1.09 log CFU/g, respectively. The E. coli results in meat cuts and minced meat ranged from 0.21+/-0.50 to 1.23+/-0.89 log CFU/g and from 1.33+/-0.58 to 2.78+/-0.43 log CFU/g, respectively. The results showed that faecal contamination still needs to be reduced, especially in specific individual plants. PMID:19269567

  4. Hospital Hints

    Science.gov (United States)

    ... and your family. They can help find homecare, rehabilitation, social services, long-term care, and support groups. Inside the Hospital Hospitals have many patient-care areas. For example, the intensive care unit (also called the ICU) has special equipment and staff to care for ...

  5. Discussion On The Theory Of Behavioral Finance

    Institute of Scientific and Technical Information of China (English)

    Jing Lulu

    2014-01-01

    behavioral finance theory as a new research field is introduced into China from the last century 80's, the study not only explains many anomalies in the market, also poses a challenge to traditional finance theory, some could not be explained by traditional financial theory, behavioral finance theory provides a new vision for us.

  6. Access to Finance for Smallholder Farmers

    OpenAIRE

    International Finance Corporation

    2014-01-01

    The percentage of smallholders with access to finance is equally difficult to quantify. According to estimates, even promising approaches to expanding smallholder lending, such as value chain finance, are reaching fewer than 10 percent of smallholders, primarily those in well-established value chains dedicated to higher value cash crops. International Finance Corporation (IFC) has been eng...

  7. Private Placement Debt Financing for Public Entities

    Science.gov (United States)

    Holman, Lance S.

    2010-01-01

    Private placement financing is a debt or capital lease obligation arranged between a municipality or a 501(c) (3) not-for-profit organization and a single sophisticated institutional investor. The investor can be a bank, insurance company, finance company, hedge fund, or high-net worth individual. Private placement financing is similar to…

  8. 41 CFR 101-39.003 - Financing.

    Science.gov (United States)

    2010-07-01

    ... 41 Public Contracts and Property Management 2 2010-07-01 2010-07-01 true Financing. 101-39.003... MANAGEMENT SYSTEMS 39.0-General Provisions § 101-39.003 Financing. (a) Section 211(d) of the Federal Property... fleet management system, the financing and accounting methods shall be developed by GSA in...

  9. Capital Financing for Independent Private Schools.

    Science.gov (United States)

    Quinn, Kevin G.; Doherty, Robert F.; Wienk, Christopher O.

    This document contains summary materials from a presentation by Wye River Capital, Inc. of Annapolis, Maryland, on capital financing for independent private schools. The main sections of the presentation address: (1) overview of the capital financing process; (2) tax law considerations for tax-exempt financings by private schools; and (3) key…

  10. 24 CFR 884.114 - Financing.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Financing. 884.114 Section 884.114... HOUSING PROJECTS Applicability, Scope and Basic Policies § 884.114 Financing. (a) Types. Eligible projects... contract as security for financing. (1) An Owner may pledge, or offer as security for any loan...

  11. Enhancing the Capability of Central Finance Agencies

    OpenAIRE

    Allen, Richard; Grigoli, Francesco

    2012-01-01

    A well-organized and effective finance ministry and its associated central finance agencies (CFAs) are essential to good fiscal outcomes. Recent studies of CFAs in selected low-income countries demonstrate that their organizational structure varies widely and that decision making on public finance is strongly influenced by political economy factors. This note presents some common themes ar...

  12. Threshold Concepts in Finance: Student Perspectives

    Science.gov (United States)

    Hoadley, Susan; Kyng, Tim; Tickle, Leonie; Wood, Leigh N.

    2015-01-01

    Finance threshold concepts are the essential conceptual knowledge that underpin well-developed financial capabilities and are central to the mastery of finance. In this paper we investigate threshold concepts in finance from the point of view of students, by establishing the extent to which students are aware of threshold concepts identified by…

  13. 48 CFR 32.003 - Simplified acquisition procedures financing.

    Science.gov (United States)

    2010-10-01

    ... procedures financing. 32.003 Section 32.003 Federal Acquisition Regulations System FEDERAL ACQUISITION REGULATION GENERAL CONTRACTING REQUIREMENTS CONTRACT FINANCING 32.003 Simplified acquisition procedures financing. Unless agency regulations otherwise permit, contract financing shall not be provided...

  14. Study on Risk Management in Financing and Operational of Grameen Bank Financing Concept in MBK Finance

    Directory of Open Access Journals (Sweden)

    Bobby Yulandika Putra

    2014-03-01

    Full Text Available Objective – Poverty is one of the most fundamental issues that still surround the life of 29.89 million people of Indonesia (National Statistical Bureau data from January 2, 2012. During this time, the pattern of poverty alleviation programs undertaken by the government is a pattern of generosity. This pattern can directly exacerbate the poor morals and behavior. Ideally, poverty alleviation efforts are made by concrete steps, which empower poor `communities themselves.In line with the theme of this research, one of the financial institutions (non-Banks who cares and has the spirit to empower people to overcome poverty is Mitra Bisnis Keluarga (MBK. This study aimed to assess the financial risks and operational risks of implementation of Grameen Bank financing concept in MBK.Methods - The method used in this research is literature review and qualitative descriptive study using actual MBK data.Results - Results from this research showed that products with the concept of Grameen Bank financing is relatively safe in the terms of the financing risk, but requires more attention on operational risk and which can be implemented for large-scale poverty alleviation program.Conclusion - The data showed that the risk of financing given to the poor (without collateral is minimal and MBK actual data shows that the Operational self-sufficiency is relatively high at> 90% Keywords : MBK, Grameen Bank, Poverty

  15. The International Finance Corporation and financing of sustainable energy

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1997-12-01

    The International Finance Corporation (IFC), a member of the World Bank Group, is the largest multilateral source of loan and equity financing for private sector projects in the developing world. IFC participates in an investment only when it can make a special contribution that complements the role of market operators. Since its founding 40 years ago, IFC has provided more than $18.8 billion in financing for 1,706 companies in developing countries. Its share capital is provided by its 170 member countries, which collectively determine its policies and activities. Strong shareholder support and a substantial paid-in capital base have allowed IFC to raise funds for its lending activities through its triple-A rated bond issues in international financial markets. IFC created an Infrastructure Department in 1992 in response to the growing demand for its services in this area. During fiscal 1996 IFC approved 33 projects for new investments of $715 million of which 27% were in the power sector. In recognition of the continuing demand growth for private power investments an expanded Power Department has been formed to handle IFC`s investments in electric power generation projects using renewable resources such as: run-of-the-river hydro, geothermal, biomass cogeneration, wind energy, and solar (photovoltaic, solar thermal, etc.), as well as conventional thermal generation projects, transmission and distribution projects, and energy efficiency investments.

  16. The Relation Between Reporting Quality and Financing and Investment: Evidence from Changes in Financing Capacity

    OpenAIRE

    Balakrishnan, Karthik; John E. Core; Verdi, Rodrigo

    2011-01-01

    We use changes in the value of a firm's real estate assets as an exogenous change in a firm's financing capacity to examine (1) the relation between reporting quality and financing and investment conditional on this change, and (2) firms’ reporting quality responses to the change in financing capacity. We find that financing and investment by firms with higher reporting quality is less affected by changes in real estate values than are financing and investment by firms with lower reporting qu...

  17. Community structure of the macrobenthos of an important Belgian wintering area for the Common Scoter (Melanitta nigra)

    OpenAIRE

    Degraer, S.; Vincx, M.; P. Meire; Offringa, H

    1998-01-01

    The shallow western Belgian Coastbanks are important wintering areas for the Common Scoters, reflecting the ecological importance of this environment. The diet of these seaducks consists of macrobenthos, mainly bivalves. The availability of these bivalves along the Belgian west-coast has been poorly documented and it is not clear to what extent the spatial distribution of the Scoters and the bivalves are linked. In October 1994, 40 macrobenthic samples were taken in the area. Multivariate tec...

  18. Working Paper 12-03 - An assessment of the risks to the medium-term outlook of the Belgian international economic environment

    OpenAIRE

    Eric Meyermans; Patrick Van Brusselen

    2003-01-01

    Each year, the Federal Planning Bureau (fpb) prepares a medium-term outlook for the Belgian economy with its macro-econometric hermes model. One of the key inputs of this exercise is a baseline scenario for the Belgian international economic environment, which includes an outlook for the output, imports, prices and financial variables of the major trading partners of Belgium. Traditionally, this international environment is based on the medium-term outlook presented by the European Commission...

  19. Risk Analysis of Telecom Enterprise Financing

    Institute of Scientific and Technical Information of China (English)

    YU Hua; SHU Hua-ying

    2005-01-01

    The main research objects in this paper are the causes searching and risk estimating method for telecom enterprises' financial risks. The multi-mode financing for telecom enterprises makes it flexible to induce the capital and obtain the profit by corresponding projects. But there are also potential risks going with these financing modes. After making analysis of categories and causes of telecom enterprises' financing risk, a method by Analytic Hierarchy Process (AHP) is put forward to estimating the financing risk. And the author makes her suggestion and opinion by example analysis, in order to provide some ideas and basis for telecom enterprise's financing decision-making.

  20. 12 CFR 985.4 - Finance Board oversight.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Finance Board oversight. 985.4 Section 985.4 Banks and Banking FEDERAL HOUSING FINANCE BOARD OFFICE OF FINANCE THE OFFICE OF FINANCE § 985.4 Finance Board oversight. (a) Oversight and enforcement actions. The Finance Board shall have the same...