WorldWideScience

Sample records for current economic downturn

  1. Current economic downturn and supply chain : The significance of demand and inventory smoothing

    NARCIS (Netherlands)

    Cannella, S.; Ashayeri, J.; Miranda, P.A.; Bruccoleri, M.

    2014-01-01

    The aim of this article is to analyse and quantify the effects of demand and inventory smoothing into supply-chain performance, facing the extreme volatility and impetuous alteration of the market produced by the current economic recession. To do so, we model a traditional serial three-stage supply

  2. Current economic downturn and supply chain : The significance of demand and inventory smoothing

    NARCIS (Netherlands)

    Cannella, S.; Ashayeri, J.; Miranda, P.A.; Bruccoleri, M.

    2014-01-01

    The aim of this article is to analyse and quantify the effects of demand and inventory smoothing into supply-chain performance, facing the extreme volatility and impetuous alteration of the market produced by the current economic recession. To do so, we model a traditional serial three-stage supply

  3. Asset rich cash poor in the economic downturn: the financial challenges facing retired older people

    OpenAIRE

    Hean, Sarah; Worswick, Louise; Fenge, Lee-Ann; Wilkinson, Charlie; Fearnley, Stella; Ersser, Steven J

    2013-01-01

    Older people are thought to be particularly vulnerable during times of economic downturn. Little is currently understood of the impact of the current economic downturn on the financial circumstances and wellbeing of retired people and the nature of the services and support needed to enable them to cope financially and maintain their wellbeing and quality of life. Retired people are not a homogenous group. Therefore, this study explores the impact of the downturn on a specific group: house own...

  4. Exploring coping strategies of business leaders during an economic downturn

    Directory of Open Access Journals (Sweden)

    Marlise van Zyl

    2012-11-01

    Full Text Available As a large part of South Africa’s economy is based on the mining industry, this research focused on exploring the coping strategies of business leaders in the mining industry during an economic downturn. Using qualitative research within a constructivist-interpretive paradigm, the researchers sought a deeper understanding of how mining leaders cope during an economic downturn. A purposive sample of seven executive mining leaders of different mining houses was interviewed and data was analysed using Atlas.ti. A conceptual framework for understanding coping strategies at the individual, group and organisational levels for business leaders during an economic downturn was developed and is discussed here. This study contributed to theory and practice by focusing on coping responses to specific situations within a specific context instead of on general coping strategies.

  5. IT Investment Guidelines in Taiwan's IT Industry under a Global Economic Downturn

    Science.gov (United States)

    Cha, Un Un

    2011-01-01

    The current qualitative phenomenological study focused on how information technology (IT) leaders managed IT investment during the global economic downturn in the Taiwan IT industry. Organizations around the world spend billions of dollars on IT-related products and services every year. Determining an effective IT investment plan is a complex task…

  6. IT Investment Guidelines in Taiwan's IT Industry under a Global Economic Downturn

    Science.gov (United States)

    Cha, Un Un

    2011-01-01

    The current qualitative phenomenological study focused on how information technology (IT) leaders managed IT investment during the global economic downturn in the Taiwan IT industry. Organizations around the world spend billions of dollars on IT-related products and services every year. Determining an effective IT investment plan is a complex task…

  7. Knowledge Management in Economic Downturn: Indian Scenario

    Directory of Open Access Journals (Sweden)

    D. Mehta

    2011-10-01

    Full Text Available Knowledge management is becoming an indispensable aspect of most of the modern business organizations. It is considered as a corporate cost savings process to augment performance capabilities with broader availability and utilization of major corporate knowledge assets. Knowledge management is the basis of all planning, all development and all progress ofan organization. It is one of the significant ingredients, which makes the accessibility of acceptance with understanding of learning. With recession encompassing the globe, theorganizations are passionately engaged in cost cutting practices to maintain profitability and competitiveness. When enterprises realize that developing and sharing knowledge is pivotal tosustain a cutting edge, the management can decide to place knowledge management high on their agenda- especially during economic turmoil. The Indian organizations have exceedingly done well during the economic turmoil. The present paper is an attempt to study knowledge management during recession in Indian scenario. Major challenges faced by the organizations are highlighted along with strategies to overcome such challenges are presented by the authors.Keywords: knowledge, knowledge management, recession, innovation, Indian scenario.

  8. The Global Economic Downturn and Protectionism

    Science.gov (United States)

    2009-03-23

    the gold standard, policymakers around the world today are adopting expansionary fiscal and monetary policies . These expansionary policies , in turn...have less “ fiscal space” or leeway to undertake expansionary fiscal policies . In addition, some countries may be reluctant to undertake a fiscal ...of expansionary fiscal policy on the grounds that it either won’t work or will pass on to future generations debt that current citizens should pay

  9. Effects of economic downturns on mortality of wild African elephants.

    Science.gov (United States)

    Wittemyer, George

    2011-10-01

    Declines in economic activity and associated changes in human livelihood strategies can increase threats of species overexploitation. This is exemplified by the effects of economic crises, which often drive intensification of subsistence poaching and greater reliance on natural resources. Whereas development theory links natural resource use to social-economic conditions, few empirical studies of the effect of economic downturns on wild animal species have been conducted. I assessed the relations between African elephant (Loxodonta africana) mortality and human-caused wounds in Samburu, Kenya and (1) livestock and maize prices (measures of local economic conditions), (2) change in national and regional gross domestic product (GDP) (measures of macroeconomic conditions), and (3) the normalized difference vegetation index (NDVI) (a correlate of primary productivity). In addition, I analyzed household survey data to determine the attitudes of local people toward protected areas and wild animals in the area. When cattle prices in the pastoralist study region were low, human-caused wounds to and adult mortality of elephants increased. The NDVI was negatively correlated with juvenile mortality, but not correlated with adult mortality. Changes in Kenyan and East Asian (primary market for ivory) GDP did not explain significant variation in mortality. Increased human wounding of elephants and elephant mortality during periods of low livestock prices (local economic downturns) likely reflect an economically driven increase in ivory poaching. Local but not macroeconomic indices explained significant variation in mortality, likely due to the dominance of the subsistence economy in the study area and its political and economic isolation. My results suggest economic metrics can serve as effective indicators of changes in human use of and resulting effects on natural resources. Such information can help focus management approaches (e.g., antipoaching effort or proffering of

  10. The Impact of Prolonged Economic Downturns and Economic Crises on the Nursing Profession.

    Science.gov (United States)

    Phua, Kai-Lit; Hue, Jia-Wern

    2015-01-01

    Prolonged economic downturns and economic crises are affecting nations around the world, including developed countries such as Portugal, Spain, and Greece. In the United States, recovery from the latest economic crisis has been accompanied by a persistently high rate of unemployment. To a large extent, the impacts on the nursing profession may depend on the severity of economic downturns and their duration in the country of employment of nurses. Nurses in certain areas of patient care (such as mental health) may also be more strongly affected because of the impact of economic crises and high unemployment on morbidity patterns. Emigration of nurses may also increase as a result of prolonged economic crisis.

  11. How will the economic downturn affect academic bioethics?

    Science.gov (United States)

    Epstein, Miran

    2010-06-01

    An educated guess about the future of academic bioethics can only be made on the basis of the historical conditions of its success. According to its official history, which attributes its success primarily to the service it has done for the patient, it should be safe at least as long as the patient still needs its service. Like many other academic disciplines, it might suffer under the present economic downturn. However, in the plausible assumption that its social role has not been exhausted yet, it should recover as soon as the economy does. But if, as this paper tries to argue, the success of academic bioethics should be attributed first and foremost to the service it has done for the neoliberal agenda, then its future would have to depend on the fate of the latter. The exact implications of the downturn for the neoliberal agenda are obviously impossible to predict. Among the various options, however, the one of going back to 'normal' seems to be the least likely. The other options suggest that the future of academic bioethics, as we have known it, is bleak.

  12. College vs. Unemployment: Expanding Access to Higher Education Is the Smart Investment During Economic Downturns

    OpenAIRE

    2008-01-01

    In forming a strategy to deal with the severe economic downturn, President-elect Obama and his evolving brain trust of economic advisers should recall the largely successful and innovative efforts by the federal and state governments to avoid a projected steep post–World War II recession – in particular, the key role of higher education. Demand for higher education generally goes up during economic downturns. Expanding higher education funding and enrollment capacity may be as important a...

  13. Colleges Must Face Reality and Recognize Opportunity in the Economic Downturn

    Science.gov (United States)

    Knecht, Ron

    2009-01-01

    Because of the worst economic downturn since World War II, many state governments now expect revenues to fall in coming years--resulting in less public spending on higher education. Certain state-revenue reforms could moderate the effects of economic slumps on colleges. In this article, the author examines the growth of public spending on…

  14. Economic downturn results in tick-borne disease upsurge

    Directory of Open Access Journals (Sweden)

    Randolph Sarah E

    2011-03-01

    Full Text Available Abstract Background The emergence of zoonoses is due both to changes in human activities and to changes in their natural wildlife cycles. One of the most significant vector-borne zoonoses in Europe, tick-borne encephalitis (TBE, doubled in incidence in 1993, largely as a consequence of the socio-economic transition from communism to capitalism and associated environmental changes. Methods To test the effect of the current economic recession, unemployment in 2009 and various socio-economic indices were compared to weather indices (derived from principal component analyses as predictors for the change in TBE case numbers in 2009 relative to 2004-08, for 14 European countries. Results Greatest increases in TBE incidence occurred in Latvia, Lithuania and Poland (91, 79 and 45%, respectively. The weather was rejected as an explanatory variable. Indicators of high background levels of poverty, e.g. percent of household expenditure on food, were significant predictors. The increase in unemployment in 2009 relative to 2008 together with 'in-work risk of poverty' is the only case in which a multivariate model has a second significant term. Conclusion Background socio-economic conditions determine susceptibility to risk of TBE, while increased unemployment triggered a sudden increase in risk. Mechanisms behind this result may include reduced resistance to infection through stress; reduced uptake of costly vaccination; and more exposure of people to infected ticks in their forest habitat as they make greater use of wild forest foods, especially in those countries, Lithuania and Poland, with major marketing opportunities in such products. Recognition of these risk factors could allow more effective protection through education and a vaccination programme targeted at the economically most vulnerable.

  15. A Competent Recovery? Economic Downturn and Australia's Vocational Education and Training System. Occasional Paper

    Science.gov (United States)

    Sweet, Richard

    2009-01-01

    Economic downturns have a particularly strong impact upon new entrants to the labour market. These can include recently arrived migrants and refugees, women returning to the labour force after a period of child rearing, and youth. This paper reflects on the impact of the recent financial crisis on particular groups in Australian society and…

  16. The Impact of the Economic Downturn in the Spanish Civil Justice System

    NARCIS (Netherlands)

    L. Carballo Pineiro (Laura); J. Nieva Fenoll (Jordi)

    2015-01-01

    textabstractThe Spanish justice system has been shaken by the econom- ic downturn as many other institutions have. This article addresses in the first place some statistical data that shed light as regards to the number of judges and the costs and length of the procedure in Spain. These figures help

  17. Interbank Lending Decisions in An Economic Downturn: An Agent-Based Approach

    Directory of Open Access Journals (Sweden)

    Deddy P. Koesrindartoto

    2012-01-01

    Full Text Available Interbank lending is one mechanism that can make shock, which is accepted by one bank spread to other banks (contagion. There are several researchers that focused their research on analyzing the effect of interbank lending to systemic risk. However, there is a few research that analyzed the effect of banks’ decision maker’s behavior, especially on the bank interbank lending to the systemic risk. In this research, the author creates an agent-based  simulation of the banking system to analyze the effect of banks’ decision maker’s behavior to systemic risk in economic downturn condition. The preliminary result from this research is for an economic downturn in a long time period, the banking system with a low net worth to the asset's ratio threshold will produce more default bank than the banking system with a high net worth to the asset's ratio threshold. However, for an economic downturn in small time period, banking system which all bank in their system has the higher net worth to assets ratio threshold will have the default bank first than the banking system which has the lower net worth to the asset's ratio threshold. Keywords: agent-based simulation, banker behavior, interbank lending, economic downturn

  18. Corporate Investments in Education during an Economic Downturn

    Science.gov (United States)

    McCarthy, Kirstin; Contardo, Jeanne; Eckert, Leila Morsy

    2010-01-01

    Corporate philanthropies can provide much-needed support to K-12 and postsecondary education efforts. This article analyzes whether select multi-billion dollar corporate philanthropies continue such support and adhere to best-funding practices during an economic downtown. Drawing on interview and document review data, the authors examine the…

  19. Corporate Investments in Education during an Economic Downturn

    Science.gov (United States)

    McCarthy, Kirstin; Contardo, Jeanne; Eckert, Leila Morsy

    2010-01-01

    Corporate philanthropies can provide much-needed support to K-12 and postsecondary education efforts. This article analyzes whether select multi-billion dollar corporate philanthropies continue such support and adhere to best-funding practices during an economic downtown. Drawing on interview and document review data, the authors examine the…

  20. Permanent Effects of Economic Crises on Household Welfare: Evidence and Projections from Argentina’s Downturns

    OpenAIRE

    2010-01-01

    The quantification of the impact of crises on household welfare and socioeconomic outcomes is a fundamental input for the design of ex ante safety nets and ex post alleviation programs. Economic downturns have direct effects through employment and household income, but whether these and other impacts are permanent rather than transitory is harder to establish. This study of Argentina estimates the relationship between GDP growth and severe crises on poverty, youth unemployment, and a series o...

  1. Spontaneous Pregnancy Loss in Denmark Following Economic Downturns

    DEFF Research Database (Denmark)

    Bruckner, Tim A.; Mortensen, Laust H.; Catalano, Ralph A.

    2016-01-01

    by 1 month a rise in the number of spontaneous abortions (β = 33.19 losses/month, 95% confidence interval: 8.71, 57.67). An attendant analysis that used consumption of durable household goods as an indicator of financial insecurity supported the inference from our main test. Changes over time......An estimated 11%–20% of clinically recognized pregnancies result in spontaneous abortion. The literature finds elevated risk of spontaneous abortion among women who report adverse financial life events. This work suggests that, at the population level, national economic decline—an ambient...

  2. Impact of the economic downturn on total joint replacement demand in the United States: updated projections to 2021.

    Science.gov (United States)

    Kurtz, Steven M; Ong, Kevin L; Lau, Edmund; Bozic, Kevin J

    2014-04-16

    Few studies have explored the role of the National Health Expenditure and macroeconomics on the utilization of total joint replacement. The economic downturn has raised questions about the sustainability of growth for total joint replacement in the future. Previous projections of total joint replacement demand in the United States were based on data up to 2003 using a statistical methodology that neglected macroeconomic factors, such as the National Health Expenditure. Data from the Nationwide Inpatient Sample (1993 to 2010) were used with United States Census and National Health Expenditure data to quantify historical trends in total joint replacement rates, including the two economic downturns in the 2000s. Primary and revision hip and knee arthroplasty were identified using codes from the International Classification of Diseases, Ninth Revision, Clinical Modification. Projections in total joint replacement were estimated using a regression model incorporating the growth in population and rate of arthroplasties from 1993 to 2010 as a function of age, sex, race, and census region using the National Health Expenditure as the independent variable. The regression model was used in conjunction with government projections of National Health Expenditure from 2011 to 2021 to estimate future arthroplasty rates in subpopulations of the United States and to derive national estimates. The growth trend for the incidence of joint arthroplasty, for the overall United States population as well as for the United States workforce, was insensitive to economic downturns. From 2009 to 2010, the total number of procedures increased by 6.0% for primary total hip arthroplasty, 6.1% for primary total knee arthroplasty, 10.8% for revision total hip arthroplasty, and 13.5% for revision total knee arthroplasty. The National Health Expenditure model projections for primary hip replacement in 2020 were higher than a previously projected model, whereas the current model estimates for total

  3. Analysis of Influential Factors on Agricultural Surplus Labor Pro-fessionalization During China's Economic Downturn

    Institute of Scientific and Technical Information of China (English)

    Yang Xiu-li; Li Lu-tang

    2014-01-01

    This paper contributed to the pool of studies about agricultural surplus labor in China, also acted as the root to the imminent settlement of the issues concerning agriculture, countryside and farmers. Using data from survey of agricultural surplus labor in 2012, which covered three provinces in northern, midwestern and southern parts of China, this paper analyzed the influential factors on agricultural surplus labor professionalization by adoption of a logistic regression model. It showed that agricultural surplus labor shortage could be explained by low-quality professionalization. It was a feasible and effective way to solve the issue of workforce shortage during economic downturn by improving agricultural surplus labor's professionalization.

  4. A narrative review on the effect of economic downturns on the nursing labour market: implications for policy and planning

    Directory of Open Access Journals (Sweden)

    Alameddine Mohamad

    2012-08-01

    Full Text Available Abstract Economic downturns and recession lead to budget cuts and service reductions in the healthcare sector which often precipitate layoffs and hiring freezes. Nurses, being the largest professional group in healthcare, are strongly affected by cost reductions. Economic downturns destabilize the nursing labour market with potential negative outcomes, including serious shortages, extending beyond the recessionary period. The objectives of this manuscript are to provide an overview of the potential short- and long-run impact of economic downturns on the supply and demand of nurses, and present healthcare decision makers with a framework to enhance their ability to strategically manage their human resources through economic cycles. A narrative review of the literature on the effects of economic downturns on the nursing labour market in developed countries was carried out with a special focus on studies offering a longitudinal examination of labour force trends. Analysis indicates that economic downturns limit the ability of public payers and institutions to finance their existing health workforce. As salaried healthcare workers, nurses are especially susceptible to institutional budget cuts. In the short run, economic downturns may temporarily reduce the demand for and increase the supply of nurses, thereby influencing nursing wages and turnover rates. These effects may destabilise the nursing labour market in the long run. After economic downturns, the market would quickly display the pre-recessionary trends and there may be serious demand–supply imbalances resulting in severe shortages. Potential long-term effects of recession on the nursing labour market may include a downsized active workforce, difficulty in retaining younger nurses, a decreased supply of nurses and workforce casualisation. Lack of understanding of labour market dynamics and trends might mislead policy makers into making misinformed workforce downsizing decisions that are

  5. How has the economic downturn affected communities and implementation of science-based prevention in the randomized trial of communities that care?

    Science.gov (United States)

    Kuklinski, Margaret R; Hawkins, J David; Plotnick, Robert D; Abbott, Robert D; Reid, Carolina K

    2013-06-01

    This study examined implications of the economic downturn that began in December 2007 for the Community Youth Development Study (CYDS), a longitudinal randomized controlled trial of the Communities That Care (CTC) prevention system. The downturn had the potential to affect the internal validity of the CYDS research design and implementation of science-based prevention in study communities. We used archival economic indicators and community key leader reports of economic conditions to assess the extent of the economic downturn in CYDS communities and potential internal validity threats. We also examined whether stronger economic downturn effects were associated with a decline in science-based prevention implementation. Economic indicators suggested the downturn affected CYDS communities to different degrees. We found no evidence of systematic differences in downturn effects in CTC compared to control communities that would threaten internal validity of the randomized trial. The Community Economic Problems scale was a reliable measure of community economic conditions, and it showed criterion validity in relation to several objective economic indicators. CTC coalitions continued to implement science-based prevention to a significantly greater degree than control coalitions 2 years after the downturn began. However, CTC implementation levels declined to some extent as unemployment, the percentage of students qualifying for free lunch, and community economic problems worsened. Control coalition implementation levels were not related to economic conditions before or after the downturn, but mean implementation levels of science-based prevention were also relatively low in both periods.

  6. Economic downturns during the life-course and late-life health:an analysis of 11 European countries

    OpenAIRE

    Hessel, Philipp; Avendano, Mauricio

    2016-01-01

    BACKGROUND: Research has shown that individual socio-economic circumstances throughout life affect health in older ages. However, little attention has been paid to the broad economic context affecting individual's life-chances. This paper examines whether economic downturns experienced during young and mid-adulthood have long-run effects on physical health.METHODS: We exploit data on economic fluctuations in the period 1945-2010 in 11 European countries, linked to longitudinal data from three...

  7. Easing the pain of an economic downturn: macroeconomic conditions and excessive alcohol consumption.

    Science.gov (United States)

    Dávalos, María E; Fang, Hai; French, Michael T

    2012-11-01

    Individuals can react to financial stress in a variety of ways, such as reducing discretionary spending or engaging in risky behaviors. This article investigates the effect of changing macroeconomic conditions (measured by the unemployment rate in the state of residence) on one type of risky behavior: excessive alcohol consumption. Using unique and recent panel data from waves 1 and 2 of the National Epidemiological Survey on Alcohol and Related Conditions (NESARC) and estimating fixed-effects models, we find that changes in the unemployment rate are positively related to changes in binge drinking, alcohol-involved driving, and alcohol abuse and/or dependence. Some differences are present among demographic groups, primarily in the magnitude of the estimated effects. These results contradict previous studies and suggest that problematic drinking may be an indirect and unfortunate consequence of an economic downturn.

  8. EASING THE PAIN OF AN ECONOMIC DOWNTURN: MACROECONOMIC CONDITIONS AND EXCESSIVE ALCOHOL CONSUMPTION

    Science.gov (United States)

    DÁVALOS, MARÍA E.; FANG, HAI; FRENCH, MICHAEL T.

    2012-01-01

    SUMMARY Individuals can react to financial stress in a variety of ways, such as reducing discretionary spending or engaging in risky behaviors. This paper investigates the effect of changing macroeconomic conditions (measured by the unemployment rate in the state of residence) on one type of risky behavior: excessive alcohol consumption. Using unique and recent panel data from Waves 1 and 2 of the National Epidemiological Survey of Alcohol and Related Conditions (NESARC) and estimating fixed-effects models, we find that changes in the unemployment rate are positively related to changes in binge drinking, alcohol-involved driving, and alcohol abuse and/or dependence. Some differences are present among demographic groups, primarily in the magnitude of the estimated effects. These results contradict previous studies and suggest that problematic drinking may be an indirect and unfortunate consequence of an economic downturn. PMID:21913282

  9. Ready or Not...: Perspectives on Literacy and Essential Skills in this Economic Downturn--A Canadian Baseline Study

    Science.gov (United States)

    Murray, Janet; Yerichuk, Deanna; Murray-Smith, Nick

    2009-01-01

    In March 2009, Movement for Canadian Literacy (MCL) commissioned "Resources for Results", a private research and evaluation firm, to conduct a baseline study to explore the effects of the recent economic downturn on literacy and essential skills programs across Canada. The "Resources for Results" research team interviewed 35…

  10. Detection from space of a reduction in anthropogenic emissions of nitrogen oxides during the Chinese economic downturn

    Directory of Open Access Journals (Sweden)

    J.-T. Lin

    2011-01-01

    Full Text Available Rapid economic and industrial development in China and relatively weak emission controls have resulted in significant increases in emissions of nitrogen oxides (NOx in recent years, with the exception of late 2008 to mid 2009 when the economic downturn led to emission reductions detectable from space. Here vertical column densities (VCDs of tropospheric NO2 retrieved from satellite observations by SCIAMACHY, GOME-2 and OMI (both by KNMI and by NASA are used to evaluate changes in emissions of NOx from October 2004 to February 2010 identifying impacts of the economic downturn. Data over polluted regions of Northern East China suggest an increase of 27–33% in annual mean VCD of NO2 prior to the downturn, consistent with an increase of 49% in thermal power generation (TPG reflecting the economic growth. More detailed analysis is used to quantify changes in emissions of NOx in January over the period 2005–2010 when the effect of the downturn was most evident. The GEOS-Chem model is employed to evaluate the effect of changes in chemistry and meteorology on VCD of NO2. This analysis indicates that emissions decreased by 20% from January 2008 to January 2009, close to the reduction of 18% in TPG that occurred over the same interval. A combination of three relatively independent approaches indicates that the economic downturn was responsible for a~reduction in emissions by 9–11% in January 2009 with an additional decrease of 10% attributed to the slow-down in industrial activity associated with the coincident celebration of the Chinese New Year.

  11. Pseudo Phase Plane and Fractional Calculus modeling of western global economic downturn

    Science.gov (United States)

    Tenreiro Machado, J. A.; Mata, Maria Eugénia

    2015-05-01

    This paper applies Pseudo Phase Plane (PPP) and Fractional Calculus (FC) mathematical tools for modeling world economies. A challenging global rivalry among the largest international economies began in the early 1970s, when the post-war prosperity declined. It went on, up to now. If some worrying threatens may exist actually in terms of possible ambitious military aggression, invasion, or hegemony, countries' PPP relative positions can tell something on the current global peaceful equilibrium. A global political downturn of the USA on global hegemony in favor of Asian partners is possible, but can still be not accomplished in the next decades. If the 1973 oil chock has represented the beginning of a long-run recession, the PPP analysis of the last four decades (1972-2012) does not conclude for other partners' global dominance (Russian, Brazil, Japan, and Germany) in reaching high degrees of similarity with the most developed world countries. The synergies of the proposed mathematical tools lead to a better understanding of the dynamics underlying world economies and point towards the estimation of future states based on the memory of each time series.

  12. Young People in an Economic Downturn. Longitudinal Surveys of Australian Youth. Briefing Paper 23

    Science.gov (United States)

    Anlezark, Alison

    2011-01-01

    Following the collapse of the US investment bank Lehmann Brothers in September 2008, the world economy began a downward spiral, with many countries falling into recession. Australia experienced significant stock market losses and unemployment rates began to climb. This briefing paper considers how young people fared in previous downturns and…

  13. Effects of labour migration on economic development during economic downturn and recovery

    Directory of Open Access Journals (Sweden)

    Milan Palát

    2012-01-01

    Full Text Available International labour migration is mainly promoted by economic interests. This paper focuses on the period before and after the economic crisis and puts together important facts regarding motivation to labour migration and provides explanations of its causes and impacts on the macroeconomic level. The economic explanation why is migration so severely restricted is that migration policies are essentially distributive tools, aiming at reducing negative effects of migration on wages and unemployment among natives and moreover, we may stress out the gradualist tendencies of migration and such migration restrictions can mitigate supply-side shocks that may negatively affect incomes or jobs of some specific groups. A partial objective of the practical part of the paper is to evaluate relationships between the rate of migration and selected economic indicators using adequate quantitative methods. While the correlation between the crude rate of net migration and the GDP per capita is very low, the existence of correlation between the crude rate of net migration and the unemployment rate is evident in the most of analysed countries. Statistical insignificance of correlation indices in some countries can be then attributed to structural problems of those economies.

  14. Thailand's responses to transnational migration during economic growth and economic downturn.

    Science.gov (United States)

    Chantavanich, S

    1999-04-01

    This paper gives an historical overview of immigration to Thailand since the 1970s and emigration since the 1960s. It describes migration policies since the 1930s. Final discussion focuses on the impact of economic contraction on migration. Immigration to Thailand dates back to the 1760s when a huge wave of Chinese emigrated to Thailand. The flow continued until about 1850 and resumed during 1905-17. The next big waves of immigrants were after 1975, when refugees fled Indochina, and in the 1990s, when migrants flocked from neighboring countries drawn to the booming economy. Thai professionals left in the 1960s for the USA. During the 1980s, many left for work in the Middle East. During the 1990s, Thai migrants moved within the East and Southeastern Asian countries and the USA or Europe, and they included many women and illegal migrants. Emigrants leave as arranged by the government, by employers, by recruitment agencies, and as trainees. The first official act was in 1950 and revised in 1979. Many work permits were approved in the 1990s, especially for unskilled labor. There are supports for Thai migrants abroad, but little is offered to foreigners at home. By 1997, the country's recession led to nonrenewal of many work permits. The 1998 economic crisis led to a new labor policy that deported illegal and unskilled migrant workers in order to create jobs for Thais. Policy encouraged Thais to seek work overseas.

  15. Changes in the labour market and health inequalities during the years of the recent economic downturn in Italy.

    Science.gov (United States)

    Sarti, Simone; Zella, Sara

    2016-05-01

    There is widespread concern that episodes of unemployment and unstable working conditions adversely affect health. We add to the debate by focusing on the relationship between work trajectory and the self-reported health of Italian men and women during the present economic downturn. Relying on Italian data in the EU-SILC project (from 2007 to 2010), our sample includes all individuals aged 30 to 60 in 2010, and uses multivariate binomial regression models for preliminary analyses and the Structural Equations modelling (SEM) to observe the cumulative effects of health status according to different job trajectories. Our main findings show similar pictures for men and women. Individuals who are unemployed, ejected or in precarious occupational positions have a higher risk of worsening their health status during these years.

  16. Health assessment of the Greek population and factors contributing on its’ burden in the context of the economic downturn and austerity

    Directory of Open Access Journals (Sweden)

    Michopoulou Μ.

    2015-01-01

    Full Text Available During the last years, Greece has come up against an unprecedented economic downturn, which has great consequences in the health of the population. The present literature review examines the health indicators of Greece comparing them with those of other European countries. Additionally, the main health problems that arise because of the recession are presented and the possible future health problems of the Greek population that will come to the fore as a result of the economic crisis are referred.

  17. Fiscal loss and program fidelity: impact of the economic downturn on HIV/STI prevention program fidelity.

    Science.gov (United States)

    Catania, Joseph A; Dolcini, M Margaret; Gandelman, Alice A; Narayanan, Vasudha; McKay, Virginia R

    2014-03-01

    The economic downturn of 2007 created significant fiscal losses for public and private agencies conducting behavioral prevention. Such macro-economic changes may influence program implementation and sustainability. We examined how public and private agencies conducting RESPECT, a brief HIV/STI (sexually transmitted infection) counseling and testing intervention, adapted to fiscal loss and how these adaptations impacted program fidelity. We collected qualitative and quantitative data in a national sample of 15 agencies experiencing fiscal loss. Using qualitative analyses, we examined how program fidelity varied with different types of adaptations. Agencies reported three levels of adaptation: agency-level, program-level, and direct fiscal remedies. Private agencies tended to use direct fiscal remedies, which were associated with higher fidelity. Some agency-level adaptations contributed to reductions in procedural fit, leading to negative staff morale and decreased confidence in program effectiveness, which in turn, contributed to poor fidelity. Findings describe a "work stress pathway" that links program fiscal losses to poor staff morale and low program fidelity.

  18. Economic downturn: a threat for creative city policy or blessing in disguise?

    NARCIS (Netherlands)

    Romein, A.; Trip, J.J.

    2011-01-01

    Since at least a decade the creative city concept is very much en vogue. Culture and creativity are regarded drivers of urban economic development, and therefore as important elements of urban economic policy. In practice however, local policy in many cities is determined by a considerable degree of

  19. THREAT OF GLOBAL ECONOMIC DOWNTURN AS A RESULT OF "DOMINO EFFECT"

    Directory of Open Access Journals (Sweden)

    O. Krasota

    2015-10-01

    Full Text Available The paper defines the evolution and main features of the post-war global economic recession in North America, Western Europe, Japan and Ukraine in the second half of the twentieth century until the present stage; clarifies the reasons that pushed one of the most powerful world economies – the Chinese economy – into the crisis; analyzes China’s place in the global economic system; estimates the impact of China’s decline on the stability of the global economic system and worsening the crisis processes in Ukraine.

  20. Impact of the Economic Downturn on Elective Lumbar Spine Surgery in the United States: A National Trend Analysis, 2003 to 2013.

    Science.gov (United States)

    Bernstein, David N; Brodell, David; Li, Yue; Rubery, Paul T; Mesfin, Addisu

    2017-05-01

    Retrospective database analysis. The impact of the 2008-2009 economic downtown on elective lumbar spine surgery is unknown. Our objective was to investigate the effect of the economic downturn on the overall trends of elective lumbar spine surgery in the United States. The Nationwide Inpatient Sample (NIS) was used in conjunction with US Census and macroeconomic data to determine historical trends. The economic downturn was defined as 2008 to 2009. Codes from the International Classification of Diseases, Ninth Revision, Clinical Modification (ICD-9-CM), were used in order to identify appropriate procedures. Confidence intervals were determined using subgroup analysis techniques. From 2003 to 2012, there was a 19.8% and 26.1% decrease in the number of lumbar discectomies and laminectomies, respectively. Over the same time period, there was a 56.4% increase in the number of lumbar spinal fusions. The trend of elective lumbar spine surgeries per 100 000 persons in the US population remained consistent from 2008 to 2009. The number of procedures decreased by 4.5% from 2010 to 2011, 7.6% from 2011 to 2012, and 3.1% from 2012 to 2013. The R(2) value between the number of surgeries and the S&P 500 Index was statistically significant (P ≤ .05). The economic downturn did not affect elective lumbar fusions, which increased in total from 2003 to 2013. The relationship between the S&P 500 Index and surgical trends suggests that during recessions, individuals may utilize other means, such as insurance, to cover procedural costs and reduce out-of-pocket expenditures, accounting for no impact of the economic downturn on surgical trends. These findings can assist multiple stakeholders in better understanding the interconnectedness of macroeconomics, policy, and elective lumbar spine surgery trends.

  1. Positive thinking about the future in newspaper reports and presidential addresses predicts economic downturn.

    Science.gov (United States)

    Sevincer, A Timur; Wagner, Greta; Kalvelage, Johanna; Oettingen, Gabriele

    2014-04-01

    Previous research has shown that positive thinking, in the form of fantasies about an idealized future, predicts low effort and poor performance. In the studies reported here, we used computerized content analysis of historical documents to investigate the relation between positive thinking about the future and economic development. During the financial crisis from 2007 to 2009, the more weekly newspaper articles in the economy page of USA Today contained positive thinking about the future, the more the Dow Jones Industrial Average declined in the subsequent week and 1 month later. In addition, between the New Deal era and the present time, the more presidential inaugural addresses contained positive thinking about the future, the more the gross domestic product and the employment rate declined in the presidents' subsequent tenures. These counterintuitive findings may help reveal the psychological processes that contribute to an economic crisis.

  2. Household Food Insecurity, Rapid Food Price Inflation and the Economic Downturn

    OpenAIRE

    Peter T. Jacobs

    2010-01-01

    How did the upsurge in food price inflation in 2007-2009 and the 2008-2009 economic down affect experiences of household hunger according to recent Generalized Household Surveys? Findings from the 2008 round of the GHS, a large nationally representative survey conducted annually by the official statistical agency, show an unsurprising rise in household experiences of hunger in the order of 2-3 percentage points. But this merely captured the early onset of two intersecting crises, excluding th...

  3. Fiscal adjustment and growth in Sub-Saharan Africa : overview and lessons from the current downturn

    OpenAIRE

    Fofack, Hippolyte

    2010-01-01

    In light of the proliferation of exceptionally large fiscal stimuli to ward off the recession triggered by the 2008 global economic and financial crisis in most advanced economies, this paper revisits the fiscal adjustment and growth nexus in Sub-Saharan Africa. Using transfer functions, it quantifies expected losses in terms of aggregate output largely attributed to a systematic implement...

  4. The impact of economic downturns and budget cuts on homelessness claim rates across 323 local authorities in England, 2004–12

    Science.gov (United States)

    Loopstra, Rachel; Reeves, Aaron; Barr, Ben; Taylor-Robinson, David; McKee, Martin; Stuckler, David

    2016-01-01

    Background It is unclear why rates of homelessness claims in England have risen since 2010. We used variations in rates across local authorities to test the impact of economic downturns and budget cuts. Methods Using cross-area fixed effects models of data from 323 UK local authorities between 2004 and 2012, we evaluated associations of changes in statutory homelessness rates with economic activity (Gross Value Added per capita), unemployment, and local and central government expenditure. Results Each 10% fall in economic activity was associated with an increase of 0.45 homelessness claims per 1000 households (95% CI: 0.10–0.80). Increasing rates of homelessness were also strongly linked with government reductions in welfare spending. Disaggregating types of welfare expenditure, we found that strongest associations with reduced homelessness claims were spending on social care, housing services, discretionary housing payments and income support for older persons. Conclusions Recession and austerity measures are associated with significant increases in rates of homelessness assistance. These findings likely understate the full burden of homelessness as they only capture those who seek aid. Future research is needed to investigate what is happening to vulnerable groups who may not obtain assistance, including those with mental health problems and rough sleepers. PMID:26364320

  5. Austerity in Civil Procedure : A Critical Assessment of the Impact of Global Economic Downturn on Civil Justice in Ghana

    NARCIS (Netherlands)

    E. Owusu-Dapaa (Ernest); E.A. Bediako (Ebenezer)

    2015-01-01

    textabstractThe demand for and availability of civil justice procedures for small claims can neither be disentangled nor extricated from the health of the economic climate of the relevant country concerned. In this article, it is argued that despite not being a developed country, Ghana was not compl

  6. The impact of the great recession on community-based mental health organizations: an analysis of top managers' perceptions of the economic downturn's effects and adaptive strategies used to manage the consequences in Ohio.

    Science.gov (United States)

    Sweeney, Helen Anne; Knudsen, Kraig

    2014-04-01

    The Great Recession of 2007-2009 adversely affected the financial stability of the community-based mental health infrastructure in Ohio. This paper presents survey results of the type of adaptive strategies used by Ohio community-based mental health organizations to manage the consequences of the economic downturn. Results were aggregated into geographical classifications of rural, mid-sized urban, and urban. Across all groups, respondents perceived, to varying degrees, that the Great Recession posed a threat to their organization's survival. Urban organizations were more likely to implement adaptive strategies to expand operations while rural and midsized urban organizations implemented strategies to enhance internal efficiencies.

  7. A fuzzy set approach to economic crisis, austerity and public health. Part I. European countries' conformity to ideal types during the economic downturn.

    Science.gov (United States)

    Saltkjel, Therese; Ingelsrud, Mari Holm; Dahl, Espen; Halvorsen, Knut

    2017-08-01

    This is the first part of a two-part paper that takes an explorative approach to assess crisis and austerity in European countries during the Great Recession. The ultimate aim of this two-part paper is to explore the "crisis-austerity" thesis by Stuckler and Basu and assess whether it is the interplay between austerity and crisis, rather than the current economic crisis per se, that can led to deterioration in population health. In Part I of this paper we offer one way of operationalizing crisis severity and austerity. We examine countries as specific configurations of crisis and policy responses and classify European countries into "ideal types." Cases included were 29 countries participating in the European Union Statistics on Income and Living Conditions (EU-SILC) surveys. Based on fuzzy set methodology, we constructed two fuzzy sets, "austerity" and "severe crisis." Austerity was measured by changes in welfare generosity; severe crisis was measured by changes in gross domestic product (GDP) per capita growth. In the initial phase of the Great Recession, most countries faced severe crisis combined with no austerity. From 2010-2011 onward, there was a divide between countries. Some countries consistently showed signs of austerity policies (with or without severe crisis); others consistently did not. The fuzzy set ideal-type analysis shows that the European countries position themselves, by and large, in configurations of crisis and austerity in meaningful ways that allow us to explore the "crisis-austerity" thesis by Stuckler and Basu. This exploration is the undertaking of Part II of this paper.

  8. Teaching in the Downturn

    Science.gov (United States)

    Holladay, Jennifer; Lockette, Tim

    2009-01-01

    Few of today's teachers can remember an economic situation quite like the one individuals now face. To find analogies for the collapse of the housing bubble and the subsequent credit crisis, they have to search not their memories but their textbooks. "The Great Gatsby" and "The Grapes of Wrath" suddenly make more sense now. What will happen next?…

  9. Singapore in Its Worst Recession for Years. The Effects of the Current Economic Crisis on the City-State’s Economy

    Directory of Open Access Journals (Sweden)

    Rolf Jordan

    2009-01-01

    Full Text Available Due to the current economic downturn, Singapore has experienced one of its most severe recessions since independence. The financial crisis, which caused a fall in prices at most of the world’s leading stock exchanges and a sharp decline in industrial production, has also had a negative impact on the city-state’s export-dependent economy. The analysis outlines the economic downturn and the decline of Singapore’s export economy since the beginning of the crisis in late 2008. Central to the analysis are questions regarding the social consequences of the current economic crisis and the amount of losses Singapore’s state-owned holding companies, Temasek and GIC, experienced when some of the world’s biggest investment banks, such as Merrill Lynch, went into bankruptcy.

  10. WHAT MATTERS TO STORE BRAND EQUITY? AN APPROACH TO SPANISH LARGE RETAILING IN A DOWNTURN CONTEXT

    Directory of Open Access Journals (Sweden)

    Calvo-Porral, Cristina

    2013-09-01

    Full Text Available Store brands account for 41% of the Spanish market share in 2011, and a further increase is expected in next years due to economic crisis, which makes up an increasingly competitive market with great research interest. In this context, our study aims to analyze which variables have a relevant influence on store Brand Equity from the consumers’ standpoint in the current downturn context, providing an empirical research on the Spanish large retailing. We carried out an on-line questionnaire to customers of store brands residing in Spain, obtaining a total amount of 362 valid responses regarding the Spanish large retailers Mercadona, Dia, Eroski, Carrefour and El Corte Inglés. Then, the analysis was performed by Structural Equation Modeling (SEM. Results obtained suggest that store commercial image has the higher influence on both store brand perceived quality and store brand awareness, and in relation with the sources of store Brand Equity, the dimension store brand awareness shows the greater influence on the formation of store Brand Equity. This study is of great interest for large retailers who wish to increase their store brands’ value proposition to the marketplace, especially during economic downturns.

  11. Current research directions definition of economic security

    Directory of Open Access Journals (Sweden)

    Anna Falovych

    2013-05-01

    Full Text Available The article features the topical issue of the established level of the enterprise's economic security. The objective of this article is to research, to base and to supplement the tendency for generalization of the categorical system in order to clarify the matter meaning of the enterprise's economic security. The systematized analyses of the matter meaning of the enterprise's economic security were done by domestic and foreign scientists-economists. The results of the study were expounded and also some vital approaches to the definition of the enterprise's economic security were presented and proved particularly: strategically, resource-functional, marketable, combined, deductive, systematic and criminal.Based on the analyzed content-conceptual interpretations and detailed characteristics of each approach to the definition of this meaning, there was proposed its own meaning of the interpretation of the enterprise's economic security. A systematic approach was adopted due to the matters concerning enterprise's economic security. As in this approach the vital economic interests of thee enterprise were stipulated, also gained the topicality in the current crisis economic conditions

  12. Current Economic Situation in Bosnia and Herzegovina

    Directory of Open Access Journals (Sweden)

    Goran Mirascic

    2011-11-01

    Full Text Available This article provides an overview of the current economic situation in Bosnia and Herzegovina. Beginning in the second half of 2008, macroeconomic conditions in B&H began precipitating a decline in economic activity. While the global financial crisis was among the factors contributing to this decline, it was far from the only factor. Problematic macroeconomic conditions were also a result of B&H’s own structural and political problems, caused largely by the shortcomings of a political entity comprising two autonomous entities. Due to such problems, the governments of B&H turned to the International Monetary Fund for assistance. This article analyzes the effects of the first two “stand by” arrangements made between the IMF and B&H and discusses implications for further, ongoing stand by arrangements made between the IMF and B&H. This paper also examines the lack of unified economic space between The Federation of Bosnia and Herzegovina and The Republic of Srpska, which has resulted not only in ineffective monetary policy but also in different fiscal and taxation systems between the two entities. While various existing analyses claim that B&H has little hope of resolving its economic woes due to its current political and economic structure, this article offers solutions and measures that, if successfully implemented, would lead to more efficient recovery and self-sustainable economic growth.

  13. Textile Exports to Japan Witnessing a Downturn

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    China textile and apparel exports to Japan was witnessing a downturn in all statistics of China Customs and Japan METI in the Jan.-Apr. 2010 period. Exports to Japan this year later will face more pressure as gains in Japan’s consumption could moderate due to a lackluster jobs market and debt crisis.

  14. USA between the Greatest Economic Crisis and Current Economic Crisis

    Directory of Open Access Journals (Sweden)

    Adina Liana Camarda

    2009-10-01

    Full Text Available American business system might be defined trough its decentralized character, a capitalist one, based on private property and free will. Federalauthorities’ intercession to economy exhibits throughout budgetary and monetary policies strategy. Meantime federal budget gets a constituent referring toinvestment in cereals. American economic legislation acknowledges government involvement in business practice control, American Government acting aseconomical increase supervisor.

  15. How do immigrants fare during the downturn? Evidence from matching comparable natives

    Directory of Open Access Journals (Sweden)

    Adriano Paggiaro

    2013-02-01

    Full Text Available BACKGROUND This paper provides empirical evidence regarding the supposed vulnerability of immigrants to the recent economic downturn. OBJECTIVE Our purpose is to understand whether immigrant workers are suffering more from the downturn and, if so, to disentangle whether this is related to being an immigrant or to specific characteristics that make immigrants different from natives. METHODS We use longitudinal data from the Italian Labour Force Survey to compare immigrant and native workers, matched for observable personal, household, and job characteristics by propensity score methods. RESULTS Immigrant workers face a higher probability of ending an ongoing employment spell because their characteristics are more likely associated with higher separation rates, while, when comparing similar workers, differences with natives disappear. In 2009 job separations increased for all male workers, but the impact was stronger for immigrants, mainly because of their characteristics. On the contrary, both groups of female workers showed a slightly lower probability of losing a job in 2009, so that observed differences remained the same before and after the downturn. CONCLUSIONS The impact of the downturn differs markedly by gender, with only male workers being affected. Among these, immigrants suffer more than natives, as their observable characteristics are more associated with losing a job. When comparing only comparable workers, immigrant status itself has no impact on separation rates.

  16. Student Aid and Access in the Economic Crisis

    Science.gov (United States)

    Baum, Sandy; McPherson, Michael

    2009-01-01

    Most economists expect the current economic downturn to be one of the most severe since World War II. In fact, there is a very real danger that the changing circumstances of students, families, state and federal governments, and educational institutions could interact to significantly diminish educational opportunity in the United States. The most…

  17. CAREER OPPORTUNITIES IN A DOWNTURN SOCIETY

    Directory of Open Access Journals (Sweden)

    CARMEN RADU

    2011-04-01

    Full Text Available The world crisis that began in 2008 has negative influences over financial and economical-social structures, mainly affecting the young working population. The most affected by the current economical and financial crisis is the youth. Jobs offer for young people seems to have decreased to a significant extent, while they of all categories of job candidates are the most affected precisely due to their lack of experience and to the high costs for training new employees under the current competitive labour market conditions. Data from a study by the National Employment Agency indicate for 2010 that only 6.36% of young unemployed (under the age of 25 found jobs within the first three months. In the same time, the main specializations for which personnel was still being recruited at the end of 2010 were IT, outsourcing, accountancy, engineering, retail and pharmaceuticals, according to recruitment agencies.

  18. The Current Global Economic Crisis: Gleaning from History

    Directory of Open Access Journals (Sweden)

    Ettah B. Essien

    2011-08-01

    Full Text Available The study seeks to demonstrate how the knowledge of economic thought could help in explaining and managing the current global economic crisis. The current economic meltdown has affected nations of the world by differing degrees but adversely. Many analysts argue that the adoption of the Washington Consensusfinancial liberalization-gave vent to the crisis. The Washington Consensus discourages government involvement but promotes the operation of the market forces in economic and financial operations. However, the financial and economic devastation caused by the current economic crisis has prompted governments of various nations across the world to intervene through massive stimulus plans in order to rescue their economies from the meltdown situation. This suggests that the role of government in the economy is pertinent, and that the market forces are no substitutes but complement. This, therefore, suggests a fair balance of the government and the market forces in the operations of the economy.

  19. THE EVOLUTION OF ECONOMIC GLOBALIZATION DURING THE CURRENT GLOBAL CRISIS

    Directory of Open Access Journals (Sweden)

    Sabina Tuca

    2013-12-01

    Full Text Available The current economic crisis constitutes a serious test for the process of globalization. The purpose of this study is to analyze the influence of the current global crisis on economic globalization. To assess the impact of the current crisis on economic globalization, this paper examines the KOF Index of Globalization, before and during the crisis. The findings generally support the idea that economic globalization has been, in fact, weakened, after the onset of the current crisis. However, there is evidence that suggest that economic globalization has resumed the upward trend that characterized it before the crisis. Despite the fact the global crisis has shaken the process of globalization, we cannot talk of an end of globalization, as some predictions have indicated.

  20. CONSISTENCY VERSUS INCONSISTENCY IN THE CURRENT ACADEMIC ECONOMIC PARADIGM

    Directory of Open Access Journals (Sweden)

    Dumitru MIRON

    2013-11-01

    Full Text Available The current academic economic paradigm is shaped by the actual economic schools of thoughts and the systems of generating economic knowledge – universities, research institutions, academic publishing actors and business elites. The cumulated contributions of these actors have transformed economics into a mature science whose practical and governance implications were tested by the 2008 world financial crisis. The challenges faced in these times by governments, households and businesses have severely questioned both orthodox and non orthodox economic wisdom and the legitimacy of the economist as a professional. Irrespective of their economic orientation, most economists have agreed that the models of socio-economic development should be revisited, with a high need of a focus on the moral and ethical standards of the human, economic and political actions. The purpose of this paper is to analyse some of the major inconsistencies that the current academic economic paradigm is perpetuating through its systems of generating economic knowledge, mainly universities and research institutions. From the methodological point of view this paper uses a qualitative analysis, based on a conceptual and highly explorative approach.

  1. CAREER OPPORTUNITIES IN A DOWNTURN SOCIETY

    Directory of Open Access Journals (Sweden)

    Carmen RADU

    2011-12-01

    Full Text Available The world crisis that began in 2008 has negative influences over financial and economicalsocial structures, mainly affecting the young working population. The most affected by the current economical and financial crisis is the youth. Jobs offer for young people seems to have decreased to a significant extent, while they of all categories of job candidates are the most affected precisely due to their lack of experience and to the high costs for training new employees under the current competitive labour market conditions. Data from a study by the National Employment Agency indicate for 2010 that only 6.36% of young unemployed (under the age of 25 found jobs within the first three months. In the same time, the main specializations for which personnel was still being recruited at the end of 2010 were IT, outsourcing, accountancy, engineering, retail and pharmaceuticals, according to recruitment agencies.

  2. APPROACHES TO EUROPEAN UNION MILITARY COLLABORATION IN THE CURRENT ECONOMIC AUSTERITY ENVIRONMENT

    Directory of Open Access Journals (Sweden)

    Maria CONSTANTINESCU

    2012-01-01

    Full Text Available The effects of the economic crisis on European countries has led to serious cuts of the defense budgets and a perceived reduction in the EU’s ability to provide capabilities required by other allies, especially the US. Cooperation, in the form of pooling and sharing may not be an easy and “ready to use” solution to Europe’s defense issues generated by the budget austerity and economic downturn, but it may provide ways to lessen the defense cuts impact on the military capabilities. Nonetheless, the success of the initiative is strongly related to the degree of political and military commitment of the EU countries to put into practice the concept.

  3. The Economic Component of National Security – Current Issues

    Directory of Open Access Journals (Sweden)

    Maria Constantinescu

    2014-12-01

    Full Text Available The main purpose of this paper is to underline the main current approaches regarding the economic component of national security, with conclusions focused on the globalization effects on the national economies and the national security of the states. The dynamics of the unfolding political and economic events determines the need for the analysis – further developed in the paper - of the relevant variables and of the way these are involved in the intricate equations describing the current political, economic and social environment. One of the main results of the analysis is that national security represents a goal for any country wishing to provide sustainable welfare for its citizens, and this sustainable welfare cannot be achieved without sustainable economic security and development

  4. Stress testing German banks in a downturn in the automobile industry

    OpenAIRE

    Düllmann, Klaus; Erdelmeier, Martin

    2009-01-01

    In this paper we stress-test credit portfolios of 28 German banks based on a Mertontype multi-factor credit risk model. The ad-hoc stress scenario is an economic downturn in the automobile industry that constitutes an exceptional but plausible event suggested by historical data. Rather than on a particular stress forecast, the focus of the paper is on the main drivers of the stress impact on banks' credit portfolios. Although the percentage of loans in the automobile sector is relatively low ...

  5. CURRENT ACCOUNT DEFICIT AND ECONOMIC GROWTH IN ARMENIA

    Directory of Open Access Journals (Sweden)

    Arus Tunian

    2015-07-01

    Full Text Available The article is devoted to the study of the problem of economic growth in Armenia. It is identified the nature of the balance of payments of the country, indicating a net debtor position, which leads to inherent deterioration of the international investment position. A small open economy of Armenia moves to a new phase of development, in the frame of the integration processes within the Customs Union and the Eurasian Economic Union of Russia, Belarus and Kazakhstan. One of the main characteristics of the Armenian economy vulnerability remains a negative balance in foreign trade, which continues to grow, despite the export growth. Economic growth is provided, as before, mostly due to the sale of raw materials - non-ferrous metals and metal ores, both in the primary as well as in the previous preprocessing. Estimating the econometric VAR models revealed that the negative current account impacts on GDP growth negatively.

  6. Goals and priorities of socio-economic reforms with consideration of the current economic situation

    Directory of Open Access Journals (Sweden)

    Dykha Mariya V.

    2013-03-01

    Full Text Available The article defines goals and priorities of reforms in Ukraine with consideration of the current situation in economy and social sphere. It marks the necessity of changing strategic goals and giving realistic orientation to the process of reformation. The author marks the necessity of development of institutional grounds of state management, activation of internal reserves of development of socio-economic processes, development of science intensive technologies and innovation activity, development of the weighted socio-economic policy, refusal from the paternalistic model and consequent establishment of conditions for activation of possibilities of the population to solve their social problems independently. The article provides a strategic contour of participation of the state in achievement of goals of socio-economic development, which includes a strategic analysis and identification of goals, strategic and tactical levels of goal-setting, strategic control and regulation of socio-economic development.

  7. A Smarter Teacher Layoff System: How Quality-Based Layoffs Can Help Schools Keep Great Teachers in Tough Economic Times. Policy Brief

    Science.gov (United States)

    New Teacher Project, 2010

    2010-01-01

    The current economic downturn has forced school districts across the country to deal with massive budget cuts over the past two years. In some cases, these cuts led districts to make the wrenching decision to lay off teachers. The basic principle is "last hired, first fired;" newer teachers are laid off before more veteran teachers, regardless of…

  8. Educating Medical Laboratory Technologists: Revisiting Our Assumptions in the Current Economic and Health-Care Environment

    Directory of Open Access Journals (Sweden)

    Regina Linder

    2012-08-01

    Full Text Available Health care occupies a distinct niche in an economy struggling to recover from recession. Professions related to the care of patients are thought to be relatively resistant to downturns, and thus become attractive to students typically drawn to more lucrative pursuits. Currently, a higher profile for clinical laboratory technology among college students and those considering career change results in larger and better prepared applicant pools. However, after decades of contraction marked by closing of programs, prospective students encounter an educational system without the capacity or vigor to meet their needs. Here discussed are some principles and proposals to allow universities, partnering with health-care providers, government agencies, and other stakeholders to develop new programs, or reenergize existing ones to serve our students and patients. Principles include academic rigor in biomedical and clinical science, multiple points of entry for students, flexibility in format, cost effectiveness, career ladders and robust partnerships.

  9. Fiscal Policies Amid the Global Downturn

    Institute of Scientific and Technical Information of China (English)

    Li Chao

    2009-01-01

    @@ In the time when the role of the market is strongly emphasized, most people trust the capability of market mecha-nisms to allocate resources. Today, market liberalization has become the mainstream of trend and a lot of people seem to oppose the excessive government intervention. Many States are benefiting from the economic globalization, and this makes some people feel that the govern-ment and its related agencies are losing their force and influence.

  10. ORGANIZATIONAL CHANGE STRATEGIES IN THE CURRENT ECONOMIC AND SOCIAL CONTEXT

    Directory of Open Access Journals (Sweden)

    Iuliana, TALMACIU

    2014-11-01

    Full Text Available The purpose of this paper is to analyze the main strategies for implementing organizational changes in the current social and economic context, characterized by an unprecedented dynamism. As a result, the paper presents the results of the research that have led to the identification of the factors determining the application of a particular strategy or even the usage of their mix. To achieve the established objectives set we have used as a research method the content analysis of various Romanian and foreign authors' work.

  11. Considering Human Capital Theory in Assessment and Training: Mapping the Gap between Current Skills and the Needs of a Knowledge-Based Economy in Northeast Iowa

    Science.gov (United States)

    Mihm-Herold, Wendy

    2010-01-01

    In light of the current economic downturn, thousands of Iowans are unemployed and this is the ideal time to build the skills of the workforce to compete in the knowledge-based economy so businesses and entrepreneurs can compete in a global economy. A tool for assessing the skills and knowledge of dislocated workers and students as well as…

  12. New approaches to business cycle theory in current economic science

    Directory of Open Access Journals (Sweden)

    Monica DOBRESCU

    2012-07-01

    Full Text Available In modern economies, current research generally acknowledges that the central issues in macroeconomics are essentially the same as those identified by Keynes in the General Theory of Employment, Interest and Money. One way or the other, economists are trying to address the same macroeconomic issues that they did seven decades ago: How can we account for the different growth rates and various fluctuations observed in national economies? Which are the economic policies most suitable to solve the issues of growth and cyclic behavior? Both the new classicals and the new Keynesians have made considerable progress within their research paradigms: to explain economic fluctuations, the new classicals focus on technological perturbations, the intertemporal substitution of leisure and real business cycles; on the other hand, the new Keynesians speak in terms of monopolistic competition, menu costs or efficiency wages. On the whole, the new classicals believe that the business cycle can best be understood within the market-clearing model, whereas the new keynesians believe that business fluctuations are due to certain market failures of various sorts.The present paper focuses on the main directions of research of the new classical school on the business cycle, given that the theoretical progress in this field has been significant and relevant for economic policy during the past four decades.

  13. Change In Strategy - The Answer To Overcome Global Downturn

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    Siddhartha Ghosh

    Full Text Available In terms of overcoming the global downturn, innovative business strategy has three major dimensions namely, ‘Innovative Promotional Practices’, ‘Social and Organizational welfare’, and ‘Ethical behavior’. Fortunately most strategic dimensions in business and management are measurable so as to facilitate development ratings in order to compare and highlight the different levels of overcoming the global downturn. My research paper on the role of innovativebusiness strategy in overcoming the recession and succeeding in the postrecessionary period basically focus on the different categorical elements of business strategies and its direct or indirect impact on the medium and small scale organizations. For the better understanding of the term ‘INNOVATION’ I have carried out a letter by letter scrutinization of this golden term. It goes like this:I-IdeasN-New Plan or DesignN-Noticeable changesO-Optimum change valuationV-VarietyA-Adaptation to the New Environment/New BusinessT-Thought Process for Planned ChangesI-Ideological Developments in BusinessO-Optimization of the changesN-Numero Uno (How Innovation helps in Securing the topmostposition.In order to understand the impact of innovative business strategies n combating the downturn I have formulated four important and innovative strategies. Thesestrategies are:1. HBS Strategy (Holistic Business Strategy.2. PBS Strategy (Polymorphic Business Strategy.3. GBS Strategy (Green Business Strategy.4. CCBS Strategy. (Country-club Business Strategy.By following these innovative strategies an enterprise can reach the zeniths of success and successfully combat the global downturn.

  14. Economic evaluations of personalized medicine: existing challenges and current developments

    Directory of Open Access Journals (Sweden)

    Shabaruddin FH

    2015-06-01

    Full Text Available Fatiha H Shabaruddin,1 Nigel D Fleeman,2 Katherine Payne3 1Department of Pharmacy, University of Malaya, Kuala Lumpur, Malaysia; 2Liverpool Reviews and Implementation Group (LRiG, University of Liverpool, Liverpool, UK; 3Institute of Population Health, The University of Manchester, Manchester, UK Abstract: Personalized medicine, with the aim of safely, effectively, and cost-effectively targeting treatment to a prespecified patient population, has always been a long-time goal within health care. It is often argued that personalizing treatment will inevitably improve clinical outcomes for patients and help achieve more effective use of health care resources. Demand is increasing for demonstrable evidence of clinical and cost-effectiveness to support the use of personalized medicine in health care. This paper begins with an overview of the existing challenges in conducting economic evaluations of genetics- and genomics-targeted technologies, as an example of personalized medicine. Our paper illustrates the complexity of the challenges faced by these technologies by highlighting the variations in the issues faced by diagnostic tests for somatic variations, generally referring to genetic variation in a tumor, and germline variations, generally referring to inherited genetic variation in enzymes involved in drug metabolic pathways. These tests are typically aimed at stratifying patient populations into subgroups on the basis of clinical effectiveness (response or safety (avoidance of adverse events. The paper summarizes the data requirements for economic evaluations of genetics and genomics-based technologies while outlining that the main challenges relating to data requirements revolve around the availability and quality of existing data. We conclude by discussing current developments aimed to address the challenges of assessing the cost-effectiveness of genetics and genomics-based technologies, which revolve around two central issues that are

  15. The Current Economic Crisis: Effects, Consequences, Measures and Solutions

    Directory of Open Access Journals (Sweden)

    Liana-Antonela BONTA (cas. MITEA

    2012-09-01

    Full Text Available The main objective of the present research project is the current economiccrisis, its effects, consequences but especially the measures and the solutions that we can find to resolve this situation. A key problem preoccupying developing countries today is the global economic crisis and how they can address it. The epicenter of the crisis is in the developed countries, especially the USA. But the developing countries that have no role in causing the crisis have suffered the most severe “collateral damage”. I will try to present the similarities with other periods of recession that we have crossed-over time. I will propose a few measures to remedy this situation, both long-term and short-term, referring of course to Romania and EU as well.

  16. Economic Education in Korea: Current Status and Changes

    Science.gov (United States)

    Hahn, Jinsoo; Jang, Kyungho

    2010-01-01

    The authors describe key aspects of precollege and undergraduate economic education in Korea. They show that precollege students seem to have low economics literacy due to problems with the curriculum and insufficient training of teachers. At the undergraduate level, they show that economics departments have more male students than female students…

  17. UNEMPLOYMENT – AN ECONOMIC AND SOCIAL CURRENT PROBLEM

    Directory of Open Access Journals (Sweden)

    GABRIELA CORINA SLUSARIUC

    2011-01-01

    Full Text Available The economic crisis had recoiled on enterprises, families and citizens in all over the European Union. In Europe there are over 20 million unemployed people, and the situation has no perspective to improve. European cohesion policy helps European national and regional authorities fight together against unemployment. Accordingly, the Strategy Europe 2020 proposes a vision for the social market economy of Europe in the next decade and it’s based on three priority domains, which intersect and mutually stimulate: intelligent economic growth, development of an economy based on knowledge and innovation, durable economic growth, promotion of a competitive economy, with low carbon emissions and an efficient use of resources, also inclusive economic growth, promotion of an economy with a high level of labour force absorption which will generate social and territorial cohesion.

  18. Mozambique Economic Update, December 2016

    OpenAIRE

    2016-01-01

    This Mozambique economic update brief for 2016 includes a section on recent economic developments and a discussion of Mozambique’s economic outlook, followed by focus section(s) analyzing issues of particular importance.This has been a testing year for Mozambique. An ongoing downturn, brought about by low commodity prices, drought and conflict, was compounded by the fallout from the discov...

  19. Current methodological issues in the economic assessment of personalized medicine.

    Science.gov (United States)

    Annemans, Lieven; Redekop, Ken; Payne, Katherine

    2013-01-01

    There is a need for methodological scrutiny in the economic assessment of personalized medicine. In this article, we present a list of 10 specific issues that we argue pose specific methodological challenges that require careful consideration when designing and conducting robust model-based economic evaluations in the context of personalized medicine. Key issues are related to the correct framing of the research question, interpretation of test results, data collection of medical management options after obtaining test results, and expressing the value of tests. The need to formulate the research question clearly and be explicit and specific about the technology being evaluated is essential because various test kits can have the same purpose and yet differ in predictive value, costs, and relevance to practice and patient populations. The correct reporting of sensitivity/specificity, and especially the false negatives and false positives (which are population dependent), of the investigated tests is also considered as a key element. This requires additional structural complexity to establish the relationship between the test result and the consecutive treatment changes and outcomes. This process involves translating the test characteristics into clinical utility, and therefore outlining the clinical and economic consequences of true and false positives and true and false negatives. Information on treatment patterns and on their costs and outcomes, however, is often lacking, especially for false-positive and false-negative test results. The analysis can even become very complex if different tests are combined or sequentially used. This potential complexity can be handled by explicitly showing how these tests are going to be used in practice and then working with the combined sensitivities and specificities of the tests. Each of these issues leads to a higher degree of uncertainty in economic models designed to assess the added value of personalized medicine compared

  20. PERSPECTIVES OF INFLATION TARGETING, IN THE CURRENT ECONOMIC CONTEXT

    Directory of Open Access Journals (Sweden)

    COROIU SORINA IOANA

    2015-04-01

    Full Text Available In the context of economic crisis, monetary policy makers are facing a number of challenges, including the selection and implementation of the best monetary policy. In this paper, we want to see if inflation targeting is or is not a solution to exit the economic crisis. If the answer is positive, then what would be the optimal level of inflation? Many central banks target an inflation rate of 2%. In this paper we intend to show that, in certain circumstances, a very low level of inflation can significantly reduce the stabilizing effects of monetary policy. A slightly higher value of inflation targeting would reduce the constraints on monetary policy, caused by the appearance of liquidity trap. The risk for the interest rates of monetary policy to achieve zero level is related to the central banks’ choise of the appropriate inflation target. We believe that an increase in the inflation target of 2% to 4% would ease monetary policy constraints arising from the liquidity trap problem. If inflation targeting is not a solution to exit the crisis, then are there other strategies that would be a better alternative? Following this analysis, no obvious alternatives were identified, so far, there is no clear reason for that to abandon inflation targeting.

  1. Economic evaluation guidelines in Latin America: a current snapshot.

    Science.gov (United States)

    Augustovski, Federico; Garay, Osvaldo Ulises; Pichon-Riviere, Andres; Rubinstein, Adolfo; Caporale, Joaquín E

    2010-10-01

    Economic evaluation guidelines are widespread in developed countries with fourth hurdle systems but as of yet not in Latin America. In the present article, a systematic search was conducted in order to retrieve regional guidelines in PubMed, Latin American and Caribbean Health Sciences Literature (LILACS) and the gray literature. Four national guidelines were found: Brazil, Colombia, Cuba and Mexico. We report a thorough review of these documents, as well as a comparison among them. We conclude that, despite some differences found, they are broadly similar, and are broadly in accordance with international documents. The existence of these documents, together with other experiences in the region that explicitly use economic evaluation information for health decision making clearly shows that this global tendency is gaining momentum in Latin America, although there is still a long way to go. In the near future we will be able to see if these documents were successfully used and applied for transparent and evidence-based decision making.

  2. THE CAPITAL MARKET IN THE CURRENT ECONOMIC CONTEXT

    Directory of Open Access Journals (Sweden)

    CARMEN RADU

    2012-05-01

    Full Text Available For nearly a century now, economists have studied the advantages and disadvantages of financial systems based on either banks or financial markets in their attempt to forward economic growth and a better capital resources allocation. Nevertheless, the effects of the financial crisis that began in 2007 over the capital market are not only numerous, but also affect financial institutions, the stock exchange volume and list, the behaviour of market investors and not least such generate the need for capital market regulations to be amended. Even so, due to measures that have been taken, in Romania the stock exchange works on profit, while the effects of the financial crisis over such still fail to occur.

  3. Small modular reactors: current status, economic aspects and licensing

    Energy Technology Data Exchange (ETDEWEB)

    Zimbron E, E. [Instituto Tecnologico de Estudios Superiores de Monterrey, Campus Santa Fe, Av. Carlos Lazo No. 100, Santa Fe, 01389 Mexico D. F. (Mexico); Puente E, F., E-mail: erick.zimbron@gmail.com [ININ, Direccion de Investigacion Cientifica, Carretera Mexico-Toluca s/n, 52750 Ocoyoacac, Estado de Mexico (Mexico)

    2014-10-15

    Interest for nuclear energy had resurgence since the beginning of the new century. This was a consequence of the new world conditions and needs: increasing energy demands (mainly from developing countries), awareness of the importance of energetic security and the necessity of limiting carbon emissions. In this nuclear boom, Small Modular Reactors (SMRs) develop and start to consolidate as a viable option for the present energy market. Their modular characteristics, lower initial capital cost, passive safety features and their niche applications, situate them as a technology with various advantages. The following study will present and analysis that will help to comprehend the SMRs present status. Information will show planned reactors, reactors in construction and in operation, advantages and challenges of their implementation, relevant economic aspects and important licensing factors that need to be highlighted. The analysis showed that the SMR technology is still in an initial stage that could reach and important development point in the next ten years. In this period, many of the reactors that are in design stage or that are through their licensing process might be constructed and could be getting ready for a commercial status. On the other hand, it has been observed that there are two main economic factors that need to be considered for any SMRs implementation project. First, the costs (initial, operation, maintenance, fuel and decommissioning) and second their possible niche market applications. Additionally, it has been noted that the licensing process is one of the greatest challenges for SMR general development. Licensing is mainly related to topic such as Emergency Planning Zone, first-of-a-kind engineering, passive safety features, proliferation resistance, multiple module designs and staffing. Previous information will serve as a base for carrying out a feasibility assessment analysis for SMR in Mexico. This part will be the last section of the project

  4. ECONOMICS OF DISTANCE EDUCATION RECONSIDERED

    Directory of Open Access Journals (Sweden)

    Wolfram LAASER

    2008-07-01

    Full Text Available ABSTRACT According to Gartner a certain hype of e-Learning was followed by a downturn but eLearning will continue to be an important factor in learning scenarios. However the economic viability of e-learning projects will be questioned with more scrutiny than in earlier periods. Therefore it seems to be a good opportunity to see what can be learned from past experience in costing distance learning projects and what aspects are added by current attempts to measure economic efficiency. After reviewing early research about costing distance learning some more recent approaches will be discussed, such as eLearning ROI-calculators and the concept of total cost of ownership. Furthermore some microeconomic effects referring to localization of distance learning courses are outlined. Finally several unsolved issues in costing distance education are summarized.

  5. The Development of Forms of Corporate Social Responsibility in Russia in the Current Economic Conditions

    Directory of Open Access Journals (Sweden)

    Natalya Arzumanova

    2015-02-01

    Full Text Available The article reveals the characteristic features of modern trends in the formation and implementation of corporate social responsibility in Russia in the current economic conditions, which is based on the fact that reasonable economic interests oriented business not only on maximizing profits, but also to improve their own macro - socio-economic, natural, political, through voluntary investment profits in the respective areas.

  6. IS Audit Considerations in Respect of Current Economic Environment

    Directory of Open Access Journals (Sweden)

    Vlasta Svata

    2011-01-01

    Full Text Available Accountancy organizations, regulatory bodies, standard setters, and other international organizations have developed guidance, articles, frameworks and resources on issues related to the global financial crisis. Now there is a clear and widely accepted need for more rigorous governance over companies´ systems of internal control. Historically there exist many different activities aiming to support effective enterprise governance (legislative acts, best practices, standards, frameworks. But all these activities may have reinforced the already-existing focus on enterprise governance, but they did not necessarily bring clarity to the topic. Therefore we can currently notice some changes aiming to improve the adoption and adaptation of best practices and standards within the area of enterprise governance. The paper discusses the changes in the Enterprise Governance of IT/IS, audit/assurance evolution, and intended Cobit improvements.

  7. Renewing the Dutch economics syllabus for higher secondary education: educational reforms from past to current databases

    NARCIS (Netherlands)

    Rol, Menno

    2015-01-01

    Dutch secondary school economics education was never at rest. It currently finds itself once more in an interesting phase of transition. New developments of behavioural economics have been incorpo-rated into the exam subject matter while the deletion of Keynesian model making from the corpus

  8. DSM shareholder incentives: Current designs and economic theory

    Energy Technology Data Exchange (ETDEWEB)

    Stoft, S.; Eto, J.; Kito, S.

    1995-01-01

    This report reviews recent DSM shareholder incentive designs and performance at 10 US utilities identifies opportunities for regulators to improve the design of DSM shareholder incentive mechanisms to increase the procurement of cost-effective DSM resources. We develop six recommendations: (1) apply shared-savings incentives to DSM resource programs; (2) use markup incentives for individual programs only when net benefits are difficult to measure, but are known to be positive; (3) set expected incentive payments based on covering a utility`s {open_quotes}hidden costs,{close_quotes} which include some transitional management and risk-adjusted opportunity costs; (4) use higher marginal incentives rates than are currently found in practice, but limit total incentive payments by adding a fixed charge; (5) mitigate risks to regulators and utilities by lowering marginal incentive rates at high and low performance levels; and (6) use an aggregate incentive mechanism for all DSM resource programs, with limited exceptions (e.g., information programs where markups are more appropriate).

  9. Effects of the Current Economic Crisis on the Fiscal Variables in EU Countries

    Directory of Open Access Journals (Sweden)

    Iulian Viorel BRAŞOVEANU

    2011-02-01

    Full Text Available Our paper aims to capture the effects of the current economic and financial crisis on fiscal variables, the 27 EU Member States, based on macroeconomic developments until 2010 and projected for 2011. Starting from the economic recession, from the increase of unemployment and the relative stability of prices in the EU overall (macroeconomic developments that characterize the current crisis, we analyze the effects of those developments on the public revenues and expenditures, on the conventional deficit and public debt, which are macroeconomic variables that comprise the pentagon of economic macro stabilization.

  10. Monitoring of current assets of enterprises in increasing level of economic security

    Directory of Open Access Journals (Sweden)

    Andrii Ruzhytskyi

    2013-11-01

    Full Text Available In the article it is reasonably argued that complex of theoretical and methodological principles for approaches to management of current assets with regard to their influence on the current and future state of the economic security of enterprises and monitoring scheme is proposed as a way of organizing management activities. As part of this goal, solved the following research objectives: monitoring scheme is proposed as a way of organizing management activities; methodical approaches to formation control system of current assets with regard to its effect on the current and future state of economic security; have been proposed a scientific approach to select management alternatives that can simultaneously takes account the status of current assets and changing economic security for different time horizons. Have been generalized a role in enterprise management of current assets the economic security mechanism. Have been proposed a matrix of management alternatives depending on the matrix and current assets use of forms and types of calculations depending on the type of policy, management of current assets. The result of the comprehensive study have been proposed a matrix of management alternatives depending on the status of current assets and the use of matrix forms and types of calculations depending on the type of policy management of current assets.

  11. Sleeping with the enemy? On Hayek, constructivist thought, and the current economic crisis

    NARCIS (Netherlands)

    Kessler, Oliver

    The current economic crisis challenges the constitutive rules of global finance. Despite its various roots, dynamics, and consequences, the current reform debate is surprisingly limited in scope: it focuses on possible changes of Basle II and thus banking regulation only. This article suggests that

  12. Predicting downturns in the US housing market: a Bayesian approach [Conference presentation

    CSIR Research Space (South Africa)

    Gupta, R

    2008-10-01

    Full Text Available stream_source_info Gupta1_2008.pdf.txt stream_content_type text/plain stream_size 13351 Content-Encoding ISO-8859-1 stream_name Gupta1_2008.pdf.txt Content-Type text/plain; charset=ISO-8859-1 Background and Motivation... Models - VARs, BVARs and SBVARs Forecasting House Prices in the Twenty Largest US States Results Predicting the Downturns PREDICTING DOWNTURNS IN THE US HOUSING MARKET: A BAYESIAN APPROACH Rangan Gupta1 and Sonali Das2 1Associate Professor...

  13. PUBLIC-PRIVATE PARTNERSHIPS - SOLUTION OR VICTIM OF THE CURRENT ECONOMIC CRISIS?

    Directory of Open Access Journals (Sweden)

    MINA Laura

    2009-05-01

    Full Text Available It is already a well known fact that public-private partnerships (PPPs are considered to be a solution for world wide governments facing insufficient public budgets. In the context of the current economic crisis, many voices promote public-private part

  14. The Role of Education in Economic Growth: Theory, History and Current Returns

    Science.gov (United States)

    Breton, Theodore R.

    2013-01-01

    Background: This paper was prepared to address the issue of whether current levels of public expenditures on education are cost-effective in countries with widely differing average levels of education. Purpose: The paper examines the role of education in economic growth from a theoretical and historic perspective, addresses why education has been…

  15. Responding to the economic crisis: a primer for public health professionals.

    Science.gov (United States)

    Stuckler, David; Basu, Sanjay; McKee, Martin; Suhrcke, Marc

    2010-09-01

    Does the current economic crisis require the deep cuts in public spending announced in the June 2010 emergency budget, with potential implications for public health? The arguments for and against such cuts in response to economic recession are complex, but if public health professionals are to engage in debates about future public spending, they should be informed by relevant evidence. In this perspective, we note that opinions among politicians and economists about how to respond to economic downturns are divided, while other EU countries, many with greater levels of debt than the UK, are protecting public expenditure unless required to do so by the International Monetary Fund. Current UK debt may in fact be viewed as sustainable given current information about interest rates, inflation and economic growth. Before accepting large cuts in public spending, it is important to contrast the lack of evidence for such short-term fixes with potentially dire repercussions for population health and welfare.

  16. Overcoming the contradiction between promoting economic growth and transforming the economic growth pattern

    Institute of Scientific and Technical Information of China (English)

    张其仔; 郭朝先; 白玫

    2009-01-01

    Promoting economic growth has become the first and foremost objective of macro-control since China experienced a drastic economic downturn in the fourth quarter of 2008. Now China is at a special stage of transition characterized by the transformation of the economic growth mode. While promoting economic growth, the government must effectively coordinate the relationship between economic growth and the transformation of growth mode. This is not a task that can be done easily. To promote economic growth, the central government has selected a number of industries and formulated an industrial revitalization plan for each of these them. Revitalizing these industries helps promote economic growth at the present stage but propelling these industries alone still cannot fully meet the requirements for transforming the economic growth pattern. To coordinate the relationship between promoting economic growth and transforming the economic growth pattern, it is currently imperative to adjust China’s industrial upgrading strategy and to pay attention to intra-industrial upgrading, particularly process upgrading.

  17. Economics of Distance Education Reconsidered

    Science.gov (United States)

    Laaser, Wolfram

    2008-01-01

    According to Gartner a certain hype of e-Learning was followed by a downturn but eLearning will continue to be an important factor in learning scenarios. However the economic viability of e-learning projects will be questioned with more scrutiny than in earlier periods. Therefore it seems to be a good opportunity to see what can be learned from…

  18. Economic Gurus on Future Growth

    Institute of Scientific and Technical Information of China (English)

    HU YUE

    2010-01-01

    @@ The GDP grew 8.7 percent year on year in 2009,beating the government-set target of 8 percent.Though overshadowed by the turbo-charged growth rate the country enjoyed in previous years,the turnaround was swift enough to make China the first major economic power to tide over the downturn.

  19. Changing attitudes in tourism - a possible way to win the battle with the current economic crisis

    Directory of Open Access Journals (Sweden)

    Albu, R. G.

    2010-12-01

    Full Text Available The current economic crisis should be viewed as an opportunity to make the changes needed for improving the tourism industry. These changes are necessary for the tourism industry and must be undertaken considering the necessity of transforming the economy into a Green Economy based on the sustainable development principles. This approach will ensure the sustainable development for the Tourism Industry. The purpose of the paper is to highlight the importance and the necessity of change in tourism, especially in the present context of economic and financial crisis.

  20. Contextualizing the current crisis: Post-Fordism, neoliberal restructuring, and financialization

    Directory of Open Access Journals (Sweden)

    Aaron Tauss

    2012-12-01

    Full Text Available The article argues that the current financial crisis that began unfolding in late 2007 cannot be explained merely by institutional failure, false economic theories, or human misbehavior. Instead, the crisis must be analyzed against the backdrop of the internal contradictions of capitalist accumulation and the gradual disintegration of the post-war hegemonic world order under U.S. leadership. The specifics of the crisis are inherently related to the failure of Fordism in the 1970s and the emergence of a post-Fordist, neoliberal, and finance-driven regime of accumulation that was pushed to its limits in the lead-up to the current downturn.

  1. The current economic situation in China and its impact on the Czech Republic

    Directory of Open Access Journals (Sweden)

    Hana Stverkova

    2016-03-01

    Full Text Available Nowadays, many companies try to enter to the international sector and to extend here their activity. Their international cooperation is an integral part of the action; it is necessary to know the cultural differences. Therefore it is important to understand the social development including the Social Progress Index and the secondary analysis of an economic situation in China; and its subsequent impact on the economy not only in the Czech Republic based on evaluation of Czech-Chinese business relations. China was in the last five years the male rotor of the world economic growth and became a significant importer of commodities. Last year, the Chinese economic growth rate slowed down, which could have negative consequences on other economies. This is also the possible reason for some Czech companies leaving the Chinese market; they transfer their production parts back to Europe or India. A presumption of high living standard, which all countries of the world and their inhabitants want to achieve, is according to the current paradigm of economic science the economic growth. The economy does not take pace in a vertical line, but at the horizontal level as the meaning of sharing in the net among the individuals. And the cooperation does not take place in the horizontal line but in the vertical line, which essentially changes the way of people's working.

  2. Special Issue on "Social Responsibility Accounting and Reporting in Times of ‘Sustainability Downturn/Crisis’

    Directory of Open Access Journals (Sweden)

    Carmen Correa-Ruiz

    2011-12-01

    Full Text Available At a time when sustainability performance does not seem to match the expectations raised by the sustainable development concept and, moreover, when the economic downturn and crisis could be further eroding social and environmental concerns and values, the notion of sustainability crisis provides an interesting starting point to reflect on the role of Social and Environmental Accounting Research. Lack of humanity and values, short term economic approach, institutional capture and misunderstanding and misuse of democracy, have all served as catalysts of sustainability downturn and crisis. Thus, this editorial attempts to advance public interest accounting by discussing the controversy around Sustainability and Corporate Social Responsibility, expecting that the constitutive effects of researchers’ words in this special issue and in future research agendas, will result in more transformative power relations able to enhance a healthy democracy inspired by the capacity to do things and to transform individuals’ attitudes and behaviours, as well as the institutional response to the sustainability crisis.En una época en la que el desempeño en materia de sostenibilidad parece no cumplir las expectativas creadas por el concepto de desarrollo sostenible y, en la que además, la recesión y la crisis económica podría estar erosionando aún más los valores y preocupaciones sociales y medioambientales, la noción de crisis de sostenibilidad proporciona un interesante punto de partida para reflexionar sobre el papel de la investigación en Contabilidad Social y Medioambiental. La falta de humanidad y la ausencia de valores, el enfoque económico cortoplacista, la captura institucional y la democracia mal entendida y su uso incorrecto, han servido como catalizadores de la crisis y la recesión de la sostenibilidad. Así, el presente editorial pretende avanzar en la contabilidad como interés general, debatiendo sobre la controversia existente

  3. Theoretical Grounds of Economic Assessment of the Current Level of Innovation Receptivity of Engineering Enterprises

    Directory of Open Access Journals (Sweden)

    Yemelianov Oleksandr Yu.

    2014-03-01

    Full Text Available The article studies and generalises existing approaches to identification of criteria of assessment of innovation receptivity of subjects of economic activity and also marks out main groups of methods of this assessment. It provides a chain of competences of an enterprise in the sphere of management of its innovation activity, which meets its passive and active innovation receptivity, which lies in the foundation of formation of the multiplicative approach to assessment of the current level of innovation receptivity of an enterprise. The article offers complex qualitative and quantitative indicators of active and also passive innovation receptivity of an enterprise. Further studies of the issue of assessment of the current level of innovation receptivity of economic subjects require clarification of capabilities of a more complete consideration of influence of the obtained financial results from the enterprise innovation activity upon this level.

  4. EVOLUTION OF THE ROMANIAN RESIDENTIAL MARKET AFTER OUTBREAK OF THE CURRENT ECONOMIC AND FINANCIAL CRISIS

    OpenAIRE

    Şteliac Nela

    2013-01-01

    The residential market is one of the market sectors seriously affected by the current economic and financial crisis. This is mirrored both in the fall of real estate trading prices and in the decreased number of transactions and cutback of newly built constructions. This trend is applicable to the entire spectrum of the residential market (luxury properties and homes destined to average-income customers). Romania is no exception from this European and world-wide state of affairs. This paper a...

  5. Challenges for the Romanian Public Pensions System in the Current Economic and Financial Crisis

    Directory of Open Access Journals (Sweden)

    Anca Sava

    2010-12-01

    Full Text Available This paper aims to address the challenges for the Romanian public pensions system in the current economic and financial crisis. Firstly, are presented the defining indicators of the Romanian public pension system, such as number of pensioners, the number of taxpayers, the dependency ratio pensioners/contributors, public pension expenditure as a percentage of GDP, etc. The article illustrates the challenges regarding the sustainability of the pension system to the aging population and the main predictions of specialized financial institutions on public pension expenditure for the next period. It also presents the current abuses of public pension system and the measures taken by the Romanianauthorities to reform it.

  6. EVOLUTION OF THE ROMANIAN RESIDENTIAL MARKET AFTER OUTBREAK OF THE CURRENT ECONOMIC AND FINANCIAL CRISIS

    Directory of Open Access Journals (Sweden)

    Şteliac Nela

    2013-04-01

    Full Text Available The residential market is one of the market sectors seriously affected by the current economic and financial crisis. This is mirrored both in the fall of real estate trading prices and in the decreased number of transactions and cutback of newly built constructions. This trend is applicable to the entire spectrum of the residential market (luxury properties and homes destined to average-income customers. Romania is no exception from this European and world-wide state of affairs. This paper aims to briefly outline the trends on the Romanian residential market in the aftermath of the current crisis.

  7. Regional economic impacts of current and proposed management alternatives for Charles M. Russell National Wildlife Refuge

    Science.gov (United States)

    Koontz, Lynne; Sexton, Natalie; Ishizaki, Asuka; Ritten, John

    2013-01-01

    The National Wildlife Refuge System Improvement Act of 1997 requires all units of the National Wildlife Refuge System to be managed under a Comprehensive Conservation Plan (CCP). The CCP must describe the desired future conditions of a refuge and provide long-range guidance and management direction to achieve refuge purposes. Charles M. Russell (CMR) National Wildlife Refuge, located in north-central Montana, is in the process of developing a range of management goals, objectives, and strategies for the CCP. The CCP for the Refuge must contain an analysis of expected effects associated with current and proposed refuge-management strategies. For refuge CCP planning, an economic analysis provides a means of estimating how current management (No Action Alternative) and proposed management activities (Alternatives) affect the local economy. This type of analysis provides two critical pieces of information: (1) it illustrates a refuge’s contribution to the local community; and (2) it can help in determining whether economic effects are or are not a real concern in choosing among management alternatives. It is important to note that the economic value of a refuge encompasses more than just the impacts on the regional economy. Refuges also provide substantial nonmarket values (values for items not exchanged in established markets) such as maintaining endangered species, preserving wetlands, educating future generations, and adding stability to the ecosystem (Carver and Caudill, 2007). However, quantifying these types of nonmarket values is beyond the scope of this study. This report first presents a description of the local community and economy near the Refuge. Next, the methods used to conduct a regional economic impact analysis are described. An analysis of the final CCP management strategies that could affect stakeholders and residents and the local economy is then presented. The refuge management activities of economic concern in this analysis are:

  8. [Down-Turner syndrome (45,X/47,XY,+21): case report and review].

    Science.gov (United States)

    Ryu, Sook Won; Lee, Goeun; Baik, Cheong Soon; Shim, Sung Han; Kim, Jin Tack; Lee, Jung Soo; Lee, Kyung A

    2010-04-01

    We report the case of a 3-yr-old boy with Down-Turner mosaicism and review the previous reports of Down-Turner syndrome with documented karyotyping and clinical features. The patient showed clinical features of Down syndrome without significant stigma of Turner syndrome. Cytogenetic analysis of peripheral blood preparations by using G-banding revealed mosaicism with 2 cell lines (45,X[29]/47,XY,+21[4]). FISH analysis revealed that 87.5% of the cells had monosomy X karyotype and 12.5% of the cells had XY karyotype; trisomy 21 was only detected in the Y-positive cells. We suggest that additional cells should be analyzed and molecular genetic studies should be conducted to rule out double aneuploidy when karyotypes with sex chromosome aneuploidies and mosaicism are encountered, as in our case of Down syndrome mosaic with sex chromosome aneuploidy.

  9. The Phenomenon of Financial Economics: Russia and the World Are in Current Global Turbulence

    Directory of Open Access Journals (Sweden)

    Valentine P. Akinina

    2009-12-01

    Full Text Available The article deals with the analysis of the current situation on the global financial arena, analyzing the chain of cause and effect of the origins of the economic crisis and providing its possible logical outcomes. We are trying to prove here that the way the world economic situation develops will lead to either further growth or stagnation of national economies and define their position in the global business, financial, and social spheres.

    We provide an analysis of the serious transformations financial economics have been undergoing at the end of the 20th and beginning of the 21st centuries. All these changes, such as the development of international fusions on financial markets, the creation of new financial instruments, products and services, and others, have been caused largely by (and also have led to significant events in the global political arena. However, regardless of the transformations, world leadership remains in the hands of US government and business and that of their closest partners, while those societies that are not willing to support the “Americanized” world order end up on the blacklist of the World Bank, the IMF, and other international financial institutions.

    Finally, the article provides our views of the possible ways of dealing with the global economic stagnation. We highlight the importance of the strong and careful supervision of any global as well as national financial activities, the education of the public on the issues of wise investments, and the dangers of living on credit.

  10. Academic Expectations and Well-Being from School to Work during the Economic Downturn

    Science.gov (United States)

    Salmela-Aro, Katariina

    2012-01-01

    Educational transitions and the transition from school to working life present substantial challenges for youth in modern societies. In addition to the drastic changes taking place in their personal lives as they navigate the educational ladder and the transition to work life, young adults today face profound changes in society as well. In…

  11. The South African yield curve as a predictor of economic downturns ...

    African Journals Online (AJOL)

    forecasting abilities in the US and in some European countries prior to 2000. ... African economy provides an opportunity to test whether the yield curve had ..... manufacturing production of durable goods declined each quarter from Q2 2002.

  12. GRAPEVINE VIRUS DISEASES:ECONOMIC IMPACT AND CURRENT ADVANCES IN VIRAL PROSPECTION AND MANAGEMENT

    Directory of Open Access Journals (Sweden)

    MARCOS FERNANDO BASSO

    Full Text Available ABSTRACT Grapevine (Vitis spp. is a major vegetative propagated fruit crop with high socioeconomic importance worldwide. It is susceptible to several graft-transmitted agents that cause several diseases and substantial crop losses, reducing fruit quality and plant vigor, and shorten the longevity of vines. The vegetative propagation and frequent exchanges of propagative material among countries contribute to spread these pathogens, favoring the emergence of complex diseases. Its perennial life cycle further accelerates the mixing and introduction of several viral agents into a single plant. Currently, approximately 65 viruses belonging to different families have been reported infecting grapevines, but not all cause economically relevant diseases. The grapevine leafroll, rugose wood complex, leaf degeneration and fleck diseases are the four main disorders having worldwide economic importance. In addition, new viral species and strains have been identified and associated with economically important constraints to grape production. In Brazilian vineyards, eighteen viruses, three viroids and two virus-like diseases had already their occurrence reported and were molecularly characterized. Here, we review the current knowledge of these viruses, report advances in their diagnosis and prospection of new species, and give indications about the management of the associated grapevine diseases.

  13. Wait, bond, and buy : Consumer responses to economic crisis

    NARCIS (Netherlands)

    Yabar, J.

    2012-01-01

    Although economic crises tend to be perceived as a time in which consumers cut back on expenditures (including cars, clothes, and houses), market data also shows that sales of certain products increase during economic downturns. How do consumers respond to an economic crisis? And what is the psychol

  14. The Skyscraper Index: A Foreshadowing of Economic Crisis

    Institute of Scientific and Technical Information of China (English)

    2011-01-01

    For politicians and the public at large, skyscrapers -- gigantic buildings backed by huge economic power -- are a symbol of social progress and economic prosperity. Contrary to this popular belief, some economists argue that the emergence of skyscrapers and those reaching new heights in particular, would more often than not precede economic downturns.

  15. Copper hydrometallurgy-current status,preliminary economics,future direction and positioning versus smelting

    Institute of Scientific and Technical Information of China (English)

    J.Peacey; GUO Xian-jian; E.Robles

    2004-01-01

    The heap leaching of oxide copper ores with copper cathode recovery by solvent extraction and electrowinning is now well established as a low-cost method of copper recovery. This technology has recently been applied successfully to mixed oxide and chalcocite ores, notably in Chile at Cerro Colorado, Quebrada Blanca and Zaldivar.Currently, there are significant development efforts underway to try to extend heap leaching to chalcopyrite ores.The success of heap leaching/SX/EW has also led to a revival in the development of hydrometallurgical processes to recover copper from chalcopyrite and other copper concentrates. The current status of copper hydrometallurgy is reviewed and the most commercially attractive potential applications are explored. The advantages and disadvantages of the hydrometallurgical treatment of chalcopyrite concentrates and its preliminary economics are compared with those for the current best practices in copper smelting and refining.

  16. The Economic Discourse of the Current Reform Aimed at Business Optimization in Ukraine

    Directory of Open Access Journals (Sweden)

    Purdenko Olena A.

    2016-05-01

    Full Text Available The aim of the article is to study the strengths and weaknesses of the current reforms and provide appropriate recommendations and proposals to improve the regulatory and economic business environment. The article analyzes the introduced reforms in the aspect of the regulatory field and the active current system of taxation with the detailing of the type and content of the basic implemented measures. There have been justified the advantages and disadvantages of the introduced system of taxation with respect to the main budget forming taxes, such as the enterprise income taxes, value added tax, individual income tax considering changes in the administering of unified social tax (UST and war tax, excise duty. On the basis of the results of the study it has been found that the introduced reforms only partially improved the tax administration system and in no way reduced the announced tax burden, the time spending of business for preparing the current report was not significantly reduced.

  17. STRATEGIC MANAGEMENT OF COSTS - THE MAIN TOOL OF COMPETITIVE ADVANTAGE IN THE CURRENT ECONOMIC ENVIRONMENT

    Directory of Open Access Journals (Sweden)

    CORINA MICULESCU

    2012-05-01

    Full Text Available Both global and national hipercompetiţia and globalization are two phenomena that generate complexity and instability in the business. Therefore, the economic context in which organizations operate has changed a lot, the current environment characterized by globalization, increased competition, rapidly changing, market segmentation, changes in technology, demand volatility, the importance of information. These phenomena not only create a state of turmoil and turbulence in the competitive environment and generate changes in market conditions, but require changes and development in organizations. In these circumstances organizations worldwide are forced to adapt constantly, products and services to market needs to turn its attention to customer satisfaction, they need sophisticated production processes, internal processes flexible to respond quickly to changes environment.Therefore to achieve any competitive advantage, organizations must take the current economic environment strategies that integrate environmental opportunities, market and technology advantages in the most efficient way. In this context the question of modernization, the transformation cost information system, an adaptation to the realities and requirements of this, to change tools, processes and methods to meet current scientific and technical progress.

  18. Health Economics Studies Information Exchange; Reports of Current Research in Health Economics, and Medical Care Administration. Publication No. 1719.

    Science.gov (United States)

    Public Health Service (DHEW), Arlington, VA. Home Economics Branch.

    The first volume of a continuing series reporting research in progress in health economics and medical care organization and administration was compiled by contacting (1) graduate schools offering degrees in the health professions, sociology, economics, public administration, and public health, (2) charitable foundations indicating an interest in…

  19. FINANCIAL DETERMINANTS OF SMEs GROWTH IN THE TIME OF ECONOMIC

    Directory of Open Access Journals (Sweden)

    Marina Jeger

    2016-12-01

    Full Text Available The importance of high-growth enterprises in national economies has been widely substantiated by economic research in recent years. There are a small number of papers that investigate determinants of growth in the time of economic downturn. This paper is focused on finding financial ratios that are determinants of growth in small and medium-sized enterprises (SMEs which operate in downturn economies. The assumption of this study is that the time of economic downturn sets new challenges to SMEs and that fact should be reflected in their financial statements as well as in the growth prediction model. Our hypotheses have been tested on the sample of 1492 SMEs from Croatia over the period 2008-2013 in the time of economic downturn. Using logistic regression, a growth prediction model has been developed and tested. Results have shown that in the time of economic downturn, growth potential of SMEs increases with the increase of liquidity, turnover and profitability and with the decrease of leverage.

  20. Does economic crisis affect prevention services? An Italian region as a study case

    Directory of Open Access Journals (Sweden)

    Corrado De Vito

    2014-06-01

    Full Text Available Background: The Latium Region in Italy is currently under pressure from national government to achieve economic consolidation of regional health services and is subject to a formal regional recovery plan.Methods: Using recognized health indicators together with a government assessment tool, we evaluate the impact of the economic downturn on the health of the Latium Region population.Results: We find that healthcare spending in the Latium Region needs to become more efficient by improving primary healthcare and by restoring efficiency in hospitals.Conclusions: Prevention activities should not only be defended in the current financial and economic crisis, but also streamlined and strengthened.

  1. ECOLOGY-ECONOMICAL ASSESSMENT OF NEW RECLAMATION METHOD FOR CURRENTLY WORKING TECHNOGENIC MASSIFS

    Directory of Open Access Journals (Sweden)

    Alexey Strizhenok

    2017-01-01

    Full Text Available One of the most relevant problems of the mining industry is the need to reduce the negative impact of technogenic massifs formed by wastes of extraction and processing of mineral raw materials. This problem has a significant meaning for currently used massifs, because traditional ways of reclamation are not suitable for them. The article describes the results of a scientific study on the development of the most efficient reclamation method for currently used technogenic massifs. Described in detail the main results of the field observations, methods and equipment of laboratory experiments conducted to determine agro-chemical properties of the soil and optimal composition of binder agent. The article also provides ecological and economic assessment of the proposed method of reclamation. The study was conducted on the example of the real technogenic massif, formed by wastes of phosphorus ore processing.

  2. [Economic recession, unemployment and suicide].

    Science.gov (United States)

    Duleba, Timea; Gonda, Xenia; Rihmer, Zoltan; Dome, Peter

    2012-03-01

    Considering the ongoing global economic crisis which began in 2007 it is reasonable to discuss its possible and expectable effects on mental health. In our narrative review we have summarized the scientific literature on the relationship between economic downturns, unemployment and suicide rate. In addition, we have summarized the theories about the background of this relationship as well. Suicide is an extremely complex phenomenon since it is influenced by several environmental and genetic factors. Furthermore, some of these factors are mutually interrelated, so the independent effect of these frequently remains elusive and hard to investigate from a methodological point of view. Although results are somewhat contradictory, it seems that unemployment is an independent risk factor for both suicide and depression. The first papers about the effect of the current economic crisis on suicide rates have been published and their results confirmed the association between the rise of unemployment rate and the increase of suicide rate in both old and new members of the European Union. Although psychiatric, and primarily depressive illness is a major risk factor for suicide, understanding the contributing role of other etiologic factors in their complex relationship may be an important task in predicting and preventing suicide both at the level of at risk individuals and the whole population.

  3. Public sector nurses in Swaziland: can the downturn be reversed?

    Directory of Open Access Journals (Sweden)

    Van Damme Wim

    2006-05-01

    Full Text Available Abstract Background The lack of human resources for health (HRH is increasingly being recognized as a major bottleneck to scaling up antiretroviral treatment (ART, particularly in sub-Saharan Africa, whose societies and health systems are hardest hit by HIV/AIDS. In this case study of Swaziland, we describe the current HRH situation in the public sector. We identify major factors that contribute to the crisis, describe policy initiatives to tackle it and base on these a number of projections for the future. Finally, we suggest some areas for further research that may contribute to tackling the HRH crisis in Swaziland. Methods We visited Swaziland twice within 18 months in order to capture the HRH situation as well as the responses to it in 2004 and in 2005. Using semi-structured interviews with key informants and group interviews, we obtained qualitative and quantitative data on the HRH situation in the public and mission health sectors. We complemented this with an analysis of primary documents and a review of the available relevant reports and studies. Results The public health sector in Swaziland faces a serious shortage of health workers: 44% of posts for physicians, 19% of posts for nurses and 17% of nursing assistant posts were unfilled in 2004. We identified emigration and attrition due to HIV/AIDS as major factors depleting the health workforce. The annual training output of only 80 new nurses is not sufficient to compensate for these losses, and based on the situation in 2004 we estimated that the nursing workforce in the public sector would have been reduced by more than 40% by 2010. In 2005 we found that new initiatives by the Swazi government, such as the scale-up of ART, the introduction of retention measures to decrease emigration and the influx of foreign nurses could have the potential to improve the situation. A combination of such measures, together with the planned increase in the training capacity of the country's nursing

  4. Economics.

    Science.gov (United States)

    Palley, Paul D; Parcero, Miriam E

    2016-10-01

    A review of literature in the calendar year 2015 dedicated to environmental policies and sustainable development, and economic policies. This review is divided into these sections: sustainable development, irrigation, ecosystems and water management, climate change and disaster risk management, economic growth, water supply policies, water consumption, water price regulation, and water price valuation.

  5. Gender Bias in the Current Economic Recovery? Declining Employment Rates for Women in the 21st Century

    OpenAIRE

    Heather Boushey; Dean Baker; David Rosnick

    2005-01-01

    This paper compares the current economic recovery - post-2001 recession up to mid-2005 - with its performance in the prior four economic recoveries. It examines how weak job growth has affected older versus younger workers, and how the impact has differed between men and women.

  6. Economism

    Directory of Open Access Journals (Sweden)

    P. Simons

    2010-07-01

    Full Text Available Modern society is characterised not only by a fascination with scientific technology as a means of solving all problems, especially those that stand in the way of material progress (technicism, but also by an obsessive interest in everything that has to do with money (economism or mammonism. The article discusses the relationship between technicism and economism, on the basis of their relationship to utilitarian thinking: the quest for the greatest happiness for the greatest number of people. Recent major studies of neo-liberalism (seen as an intensification of utilitarianism by Laval and Dardot are used as reference to the development of utilitarianism. It is suggested that the western view of the world, as expressed in economism and technicism, with a utilitarian ethics, features three absolutisations: those of theoretical thinking, technology and economics. In a second part, the article draws on the framework of reformational philosophy to suggest an approach that, in principle, is not marred by such absolutisations.

  7. Employment and employment conditions in the current economic crisis in Croatia

    Directory of Open Access Journals (Sweden)

    Goran Vukšić

    2014-06-01

    Full Text Available The goal of this research is to analyze developments in employment and employment characteristics during the current crisis in Croatia. The main findings can be summarized as follows: (1 The primary (aggregate mode of adjustment to the crisis was a decline in employment. There are, however, considerable differences in adjustment patterns across economic activities. (2 During the crisis, jobs were lost in the, more dynamic, private sector, while the number of jobs in the public sector (entities in state ownership slightly increased. (3 Economic activities with comparatively larger shares of women in employment have experienced fewer employment cuts and the aggregate employment share of women rose during the crisis, especially in activities with a larger share of public sector workers.(4 There has been a declining share of younger workers during the crisis, justifying policy actions to facilitate their employment. (5 Employees with comparatively lower educational attainment face severe challenges in the labor market, which is a longer term trend, not specific to the crisis period. There are indications that this group of employees enjoys a higher level of protection in the public sector. (6 Analysis also shows a rising significance of more flexible forms of employment: increasing shares of fixed term employees (during the last two observed years, and of part time workers. (7 Working hours do not exhibit any strong trends specific to the crisis, except for the diminishing number of overtime hours per worker.

  8. Macro-economic assessment of flood risk in Italy under current and future climate

    Science.gov (United States)

    Carrera, Lorenzo; Koks, Elco; Mysiak, Jaroslav; Aerts, Jeroen; Standardi, Gabriele

    2014-05-01

    This paper explores an integrated methodology for assessing direct and indirect costs of fluvial flooding to estimate current and future fluvial flood risk in Italy. Our methodology combines a Geographic Information System spatial approach, with a general economic equilibrium approach using a downscaled modified version of a Computable General Equilibrium model at NUTS2 scale. Given the level of uncertainty in the behavior of disaster-affected economies, the simulation considers a wide range of business recovery periods. We calculate expected annual losses for each NUTS2 region, and exceedence probability curves to determine probable maximum losses. Given a certain acceptable level of risk, we describe the conditions of flood protection and business recovery periods under which losses are contained within this limit. Because of the difference between direct costs, which are an overestimation of stock losses, and indirect costs, which represent the macro-economic effects, our results have different policy meanings. While the former is relevant for post-disaster recovery, the latter is more relevant for public policy issues, particularly for cost-benefit analysis and resilience assessment.

  9. The impact of regional economic reliance on the tobacco industry on current smoking in China.

    Science.gov (United States)

    Yang, Tingzhong; Barnett, Ross; Rockett, Ian R H; Yang, Xiaozhao Y; Wu, Dan; Zheng, Weijun; Li, Lu

    2015-05-01

    The purpose of this study was to conduct a preliminary assessment of province of residence and other contextual factors on the likelihood of being a current smoker in China. A cross-sectional, multistage sampling process was used to recruit participants, and their smoking status and sociodemographic characteristics were obtained through face-to-face interviews. The contextual variables were retrieved from a national database. Multilevel logistic regression analysis was performed to assess the impact of provincial economic reliance on the tobacco industry, as well as individual-level characteristics, on the likelihood of being a current smoker. Participants totaled 20,601 from 27 cities located in 26 of the 31 municipalities/provinces in China. Overall smoking prevalence was 31.3% (95% CI: 19.3-33.2%), with rates being highest in Yinchuan City in Ningxia Province (49.8%) and lowest in Shanghai (21.6%). The multilevel analysis showed an excess likelihood of being a current smoker for individuals living in provinces with the highest rate of cigarette production relative to those with the smallest (pmarketing of tobacco products in China. Copyright © 2015. Published by Elsevier Ltd.

  10. Impacts of the current economic crisis on Southeast Asian labour markets

    Directory of Open Access Journals (Sweden)

    John Walsh

    2010-10-01

    Full Text Available The current economic crisis has caused most of the western world to fall into recession because of the credit crunch and the collapse of much of the under-regulated and over-confident banking industry. However, in most of Asia, especially developing Asia, the crisis has affected manufacturing and, hence, employment rather than the finance sectors, especially because the latter had already been restructured following the 1997 Asian Crisis. This paper considers the impact of the crisis on the range of labour markets across the region and assesses the ongoing relevance of the development model that is posited on low labour cost manufacturing aimed at assisting export industries. Impacts considered include migration flows of labour, the possibility of augmenting added value to existing production and the need to upgrade skills and competencies.

  11. The current state of accounting and analytical system of economic management in emergencies

    Directory of Open Access Journals (Sweden)

    D.O. Gritsishen

    2016-12-01

    Full Text Available The article reviewed the current state of organizational and methodological regulations from the perspective of regulation and specific to domestic enterprises. It was established that the accounting system is governed by a set of regulations at different levels and different areas of law. In connection with what was presented to an approach that involves systematizing legal regulation in terms of impact on the object, the subject and the elements method of accounting. It studied the system of analytical indicators calculated on the investigated companies. The research was conducted by examining the analytical reports analysts, internal auditors and the audit report in partial use of analytical procedures. The study was conducted in the following areas: evaluation of the effectiveness of fixed assets, estimation of efficiency of current assets, assessment of the efficiency of the production process, factor analysis and consideration of the effects of emergencies, methods of economic analysis of consequences of emergency measures and the effectiveness of their prevention and elimination.

  12. The economic burden of systemic lupus erythematosus in Asia: the current state.

    Science.gov (United States)

    Mak, A

    2010-10-01

    Systemic lupus erythematosus (SLE) is a chronic systemic inflammatory disorder which imposes considerable negative impact on patients' function and quality of life, and it appears to entail substantial loss of work productivity and healthcare cost. Although much has been studied regarding the epidemiology, pathogenesis, disease activity, disease damage and pharmacological treatment of SLE, publications on the economic burden of lupus are scarce. As the majority of lupus patients are residing in the Asia Pacific region where many are financially and socially deprived, and, from what we know from the current literature, work disability of lupus patients in Asia is substantial, cost-of-illness studies on SLE are thus particularly relevant in countries around the region. Reliable data from properly conducted prospective SLE cost studies are imperative for policymakers to efficiently distribute healthcare resources, especially in Asia where limited resources are unable to cope with the huge population. In this paper, we review the current state of cost-of-illness research on lupus in Asia and analyze the reasons why such studies are urgently required in the Asia Pacific region.

  13. Regional economic effects of current and proposed management alternatives for Arrowwood National Wildlife Refuge

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — The purpose of this study was to provide the economic analysis needed for the Arrowwood NWR CCP by evaluating the regional economic impacts associated with the...

  14. Incorporation of future costs in health economic analysis publications: current situation and recommendations for the future.

    Science.gov (United States)

    Gros, Blanca; Soto Álvarez, Javier; Ángel Casado, Miguel

    2015-06-01

    Future costs are not usually included in economic evaluations. The aim of this study was to assess the extent of published economic analyses that incorporate future costs. A systematic review was conducted of economic analyses published from 2008 to 2013 in three general health economics journals: PharmacoEconomics, Value in Health and the European Journal of Health Economics. A total of 192 articles met the inclusion criteria, 94 of them (49.0%) incorporated future related medical costs, 9 (4.2%) also included future unrelated medical costs and none of them included future nonmedical costs. The percentage of articles including future costs increased from 2008 (30.8%) to 2013 (70.8%), and no differences were detected between the three journals. All relevant costs for the perspective considered should be included in economic evaluations, including related or unrelated, direct or indirect future costs. It is also advisable that pharmacoEconomic guidelines are adapted in this sense.

  15. Actions to alleviate the mental health impact of the economic crisis.

    Science.gov (United States)

    Wahlbeck, Kristian; McDaid, David

    2012-10-01

    The current global economic crisis is expected to produce adverse mental health effects that may increase suicide and alcohol-related death rates in affected countries. In nations with greater social safety nets, the health impacts of the economic downturn may be less pronounced. Research indicates that the mental health impact of the economic crisis can be offset by various policy measures. This paper aims to outline how countries can safeguard and support mental health in times of economic downturn. It indicates that good mental health cannot be achieved by the health sector alone. The determinants of mental health often lie outside of the remits of the health system, and all sectors of society have to be involved in the promotion of mental health. Accessible and responsive primary care services support people at risk and can prevent mental health consequences. Any austerity measures imposed on mental health services need to be geared to support the modernization of mental health care provision. Social welfare supports and active labour market programmes aiming at helping people retain or re-gain jobs can counteract the mental health effects of the economic crisis. Family support programmes can also make a difference. Alcohol pricing and restrictions of alcohol availability reduce alcohol harms and save lives. Support to tackle unmanageable debt will also help to reduce the mental health impact of the crisis. While the current economic crisis may have a major impact on mental health and increase mortality due to suicides and alcohol-related disorders, it is also a window of opportunity to reform mental health care and promote a mentally healthy lifestyle.

  16. The Law of Entropy – the Most Economical of All Natural Laws. Current Manifestations of World Economics

    Directory of Open Access Journals (Sweden)

    Niţă DOBROTĂ

    2010-05-01

    Full Text Available The last three centuries have witnessed a specific social evolution, one much more dynamical than those of the previous era. The general vector of this dynamics is represented by the progress in technology and science that had taken place in all arrays of social action, a phenomenon largely manifested throughout Western European countries and North America. It is against this general setup that the world saw the formation and development of both European national communities and of the capitalist market economies, two of the historical causes that lead to the fall of the feudal social and economical system.

  17. Economic Pressure, Parent Personality and Child Development: An Interactionist Analysis

    Science.gov (United States)

    Conger, Rand D.; Schofield, Thomas K.; Conger, Katherine J.; Neppl, Tricia K.

    2010-01-01

    The current economic downturn in the U.S. and around the world has refocused attention on the processes through which families and children are affected by economic hardship. This study examines the response to economic pressure of a cohort of youth first studied 20 years ago as adolescents and now grown to adulthood. A total of 271 of the original G2 adolescents (M age = 25.6 years) participated in the study with their young child (G3, M age = 2.31 years at the first time of assessment) and the child’s other parent in 81% of the cases. Data analyses were guided by the interactionist model which proposed that positive G2 personality attributes during adolescence would predict lower economic pressure during adulthood and would diminish the negative family processes related to economic pressure expected to disrupt competent G3 development. The findings were consistent with this social selection aspect of the interactionist model. The model also predicted that economic pressure and other aspects of the related family stress process would affect G3 development net of earlier G2 personality. This social causation aspect of the interactionist model also received support. The findings suggest that the relationship between economic conditions and child development reflect a dynamic process of selection and causation that plays out over time and generations. PMID:21209795

  18. The impact of economic crises on communicable disease transmission and control: a systematic review of the evidence.

    Directory of Open Access Journals (Sweden)

    Marc Suhrcke

    Full Text Available There is concern among public health professionals that the current economic downturn, initiated by the financial crisis that started in 2007, could precipitate the transmission of infectious diseases while also limiting capacity for control. Although studies have reviewed the potential effects of economic downturns on overall health, to our knowledge such an analysis has yet to be done focusing on infectious diseases. We performed a systematic literature review of studies examining changes in infectious disease burden subsequent to periods of crisis. The review identified 230 studies of which 37 met our inclusion criteria. Of these, 30 found evidence of worse infectious disease outcomes during recession, often resulting from higher rates of infectious contact under poorer living circumstances, worsened access to therapy, or poorer retention in treatment. The remaining studies found either reductions in infectious disease or no significant effect. Using the paradigm of the "SIR" (susceptible-infected-recovered model of infectious disease transmission, we examined the implications of these findings for infectious disease transmission and control. Key susceptible groups include infants and the elderly. We identified certain high-risk groups, including migrants, homeless persons, and prison populations, as particularly vulnerable conduits of epidemics during situations of economic duress. We also observed that the long-term impacts of crises on infectious disease are not inevitable: considerable evidence suggests that the magnitude of effect depends critically on budgetary responses by governments. Like other emergencies and natural disasters, preparedness for financial crises should include consideration of consequences for communicable disease control.

  19. Economic Thresholds in Soybean-Integrated Pest Management: Old Concepts, Current Adoption, and Adequacy.

    Science.gov (United States)

    Bueno, A F; Paula-Moraes, S V; Gazzoni, D L; Pomari, A F

    2013-10-01

    Increasing global demands for food underline the need for higher crop yields. The relatively low costs of the most commonly used insecticides in combination with increasing soybean market prices led growers and technical advisors to debate the adequacy of recommended economic thresholds (ETs). The adoption of ETs and pest sampling has diminished in Brazil, leading to excessive pesticide use on soybean. The reduced efficacy of natural biological control, faster pest resurgence, and environment contamination are among the side-effects of pesticide abuse. To address these problems and maximize agricultural production, pest control programs must be guided by a proper integrated pest management (IPM) approach, including the ET concept. Therefore, the most appropriate time to initiate insecticide spraying in soybean is indicated by the available ETs which are supported by experiments over the last 40 years in different edapho-climatic conditions and regions with distinct soybean cultivars. Published scientific data indicate that preventive insecticide use is an expensive and harmful use of chemicals that increases the negative impact of pesticides in agroecosystems. However, the established ETs are for a limited number of species (key pests), and they only address the use of chemicals. There is a lack of information regarding secondary pests and other control strategies in addition to insecticides. It is clear then that much progress is still needed to improve ETs for pest management decisions. Nevertheless, using the current ETs provides a basis for reducing the use of chemicals in agriculture without reducing yields and overall production, thereby improving sustainability.

  20. The Effects of the Current Global Economic and Financial Crisis on the EU Budget

    Directory of Open Access Journals (Sweden)

    Adina DORNEAN

    2013-10-01

    Full Text Available The aim of this paper is to analyze the main effects of the current global financial and economic crisis on the European Union budget and the measures that were taken in order to support the EU member states with the purpose of limiting and counteracting its effects. The focus will be on the budgetary expenditure and on the new Treaty on Stability, Coordination and Governance. For this purpose, we developed a regression model using the Least Square method with three significant variables: a dependent variable – EU budgetary expenditure and two independent variables – budgetary deficit and unemployment rate of member states. According to our analysis, the crisis determined the increase of the EU budgetary expenditure, which was due especially to the increase of the budgetary deficit and rising unemployment in the EU member states. Our findings suggested that the budgetary deficit and the unemployment rate had a highly significant influence on community expenditure growth during the crisis, while the GDP growth and the public debt did not have any significance for the community expenditure growth.

  1. Current process and future path for health economic assessment of pharmaceuticals in France.

    Science.gov (United States)

    Toumi, Mondher; Rémuzat, Cécile; El Hammi, Emna; Millier, Aurélie; Aballéa, Samuel; Chouaid, Christos; Falissard, Bruno

    2015-01-01

    The Social Security Funding Law for 2012 introduced the Economic and Public Health Assessment Committee (Commission Evaluation Economique et de Santé Publique, or CEESP) in the Social Security Code as a specialised committee affiliated with the Haute Autorité de Santé in charge of providing recommendations and health economic opinions. This article provides an in-depth description of the CEESP's structure and working methods, and analyses the impact of health economic assessment on market access of drugs in France. It also points out the areas of uncertainty and the conflicting rules following the introduction of the health economic assessment in France. The authors also provide their personal opinion on the likely future of health economic assessment of drugs in France, including the possible merge of the CEESP and the Transparency Committee, the implementation of a French threshold, and the extension of health economic assessment to a larger number of products.

  2. An assessment of the downturn in the forest products sector in the northern region of the United States

    Science.gov (United States)

    C.W. Woodall; W.G. Luppold; P.J. Ince; R.J. Piva; K.E. Skog

    2012-01-01

    The forest industry within the northern region of the U.S. has declined notably in employment, mill numbers, wood consumption, and forest harvests since 2000…a downturn exacerbated by the recession of 2007 to 2009. Longer term industrial decline (since 2000) has been evidenced by reductions in secondary products (e.g., furniture) and print paper manufacturing which can...

  3. Wait, bond, and buy: Consumer responses to economic crisis.

    OpenAIRE

    Yabar, J.

    2012-01-01

    Abstract: Although economic crises tend to be perceived as a time in which consumers cut back on expenditures (including cars, clothes, and houses), market data also shows that sales of certain products increase during economic downturns. How do consumers respond to an economic crisis? And what is the psychology behind such behavior? These are questions to which this dissertation is devoted. Three empirical chapters show that an economic crisis activates different fundamental human needs, whi...

  4. Threats to the National Economic Security of Ukraine at the Current Stage

    Directory of Open Access Journals (Sweden)

    Kuharskaya Natalia A.

    2017-04-01

    Full Text Available It is substantiated that the most important factor of the national economic security of the country is to match both the economic and the industrial relations systems to the economic development of the country. The article provides detailed consideration of the particularities of occurrence of threats to the national economic security of Ukraine by allocating seven major structural blocks, in which threats were not overcome during the years of independence, and some of them even became intensified: 1 institutional sphere; 2 social sphere; 3 financial sphere; 4 shadowing and corruptness of economy; 5 a high level of physical wear and tear of fixed assets and of the production infrastructure; 6 de-industrialization of economy; 7 innovative development. The main components of the national economic security, which would assist in overcoming these threats, have been developed.

  5. Current Global Pricing For Human Papillomavirus Vaccines Brings The Greatest Economic Benefits To Rich Countries.

    Science.gov (United States)

    Herlihy, Niamh; Hutubessy, Raymond; Jit, Mark

    2016-02-01

    Vaccinating females against human papillomavirus (HPV) prior to the debut of sexual activity is an effective way to prevent cervical cancer, yet vaccine uptake in low- and middle-income countries has been hindered by high vaccine prices. We created an economic model to estimate the distribution of the economic surplus-the sum of all health and economic benefits of a vaccine, minus the costs of development, production, and distribution-among different country income groups and manufacturers for a cohort of twelve-year-old females in 2012. We found that manufacturers may have received economic returns worth five times their original investment in HPV vaccine development. High-income countries gained the greatest economic surplus of any income category, realizing over five times more economic value per vaccinated female than low-income countries did. Subsidizing vaccine prices in low- and middle-income countries could both reduce financial barriers to vaccine adoption and still allow high-income countries to retain their economic surpluses and manufacturers to retain their profits.

  6. Regional economic analysis of current and proposed management alternatives for Rappahannock River Valley National Wildlife Refuge

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — The purpose of this study was to assess the regional economic implications associated with draft CCP management strategies for Rappahannock River Valley NWR. This...

  7. Ecological economics of soil erosion: a review of the current state of knowledge.

    Science.gov (United States)

    Adhikari, Bhim; Nadella, Karthik

    2011-02-01

    The economics of land degradation has received relatively little attention until recent years. Although a number of studies have undertaken valuation of ecosystem services ranging from the global to the micro level, and quite a few studies have attempted to quantify the costs of soil erosion, studies that address the full costs of land degradation are still scarce. In this review, we attempt to analyze different land resource modeling and valuation techniques applied in earlier research and the type of data used in these analyses, and to assess their utility for different forms of land resource and management appraisal. We also report on the strengths and weaknesses of different valuation techniques used in studies on the economics of soil erosion, and the relevance of these valuation techniques. We make a case for the need for more appropriate models that can make the analysis more robust in estimating the economic costs of land degradation while recognizing the spatial heterogeneity in biophysical and economic conditions.

  8. Economic recession and mental health: an overview.

    Science.gov (United States)

    Cooper, Brian

    2011-01-01

    Effects of the current global economic downturn on population mental health will emerge in the years ahead. Judging from earlier experience of financial crises in various parts of the world, stresses associated with rising unemployment, poverty and social insecurity will lead to upward trends in many national suicide rates, as well as to less readily charted increase in the prevalence of psychiatric illness, alcohol-related disorders and illicit drug use. At the same time, mental health services are being cut back as part of government austerity programs. Budget cuts will thus affect psychiatric services adversely just when economic stressors are raising the levels of need and demand in affected populations. Proactive fiscal and social policies could, however, help to mitigate the health consequences of recession. Evidence- based preventive measures include active labor market and family support programs, regulation of alcohol prices and availability, community care for known high-risk groups, and debt relief projects. Economic mental health care could best be achieved, not by decimating services but by planning and deploying these to meet the needs of defined area populations.

  9. Impacts of the current economic crisis on Southeast Asian labour markets

    OpenAIRE

    John Walsh

    2010-01-01

    Southeast Asian labour markets are characterized by the diversity of the countries of which they are part and by the historical antecedents of colonialism that have largely given them their nature. Most have adopted a form of the export-oriented, import-substituting low labour cost manufacturing paradigm of economic development known as the East Asian Economic Model (EAEM). Having already passed through the Asian Financial Crisis of 1997 and its disruptive effects, workers in the region are f...

  10. Process Design Report for Wood Feedstock: Lignocellulosic Biomass to Ethanol Process Desing and Economics Utilizing Co-Current Dilute Acid Prehydrolysis and Enzymatic Hydrolysis Current and Futuristic Scenarios

    Energy Technology Data Exchange (ETDEWEB)

    Wooley, Robert [National Renewable Energy Lab. (NREL), Golden, CO (United States); Ruth, Mark [National Renewable Energy Lab. (NREL), Golden, CO (United States); Sheehan, John [National Renewable Energy Lab. (NREL), Golden, CO (United States); Ibsen, Kelly [National Renewable Energy Lab. (NREL), Golden, CO (United States); Majdeski, Henry [Delta-T Corporation, Lexington, KY (United States); Galves, Adrian [Delta-T Corporation, Lexington, KY (United States)

    1999-07-01

    The National Renewable Energy Laboratory (NREL) has undertaken a complete review and update of the process design and economic model for the biomass-to-ethanol process based on co-current dilute acid prehydrolysis, along with simultaneous saccharification (enzymatic) and co-fermentation. The process design includes the core technologies being researched by the U.S. Department of Energy (DOE): prehydrolysis, simultaneous saccharification and co-fermentation, and cellulase enzyme production.

  11. The historical aspects and current issues of the development of Russian-Lithuanian economic relations

    Directory of Open Access Journals (Sweden)

    Kretinin Gennady

    2012-12-01

    Full Text Available This article focuses on development of Russian-Lithuanian economic ties. The research and practical significance of this study lies in the identification of the sources of modern Russian-Lithuanian economic cooperation and the prospects of future mutually beneficial economic relations. The first attempt at establishing economic relations was made in 1919. However, young Lithuanian Republic gravitated towards the West, severing ties with the Russian market. However, the initiatives of Lithuanian authorities did not result in successful state building, and the economic situation remained unchanged. The USSR leadership made an effort to improve the living conditions in post-war Lithuania. There were some mistakes made in the relations with the local population that resulted in Lithuanians’ resistance to sovietisation. However, in the conditions of post-war restoration of national economy and acute deficit of material and human resources, the Soviet leadership managed not only to reform and develop a socialistic economy in Lithuania but also to turn it into an industrial republic with developed agriculture and modern manufacturing facilities, whose major industries manufactured products used in nuclear and space technologies, aviation and navigation. The research shows that the post-Soviet period led to a dramatic change in Russian-Lithuanian economic relations; however, these relations retained potential for future development.

  12. Economic costs of achieving current conservation goals in the future as climate changes.

    Science.gov (United States)

    Shaw, M Rebecca; Klausmeyer, Kirk; Cameron, D Richard; Mackenzie, Jason; Roehrdanz, Patrick

    2012-06-01

    Conservation of biologically diverse regions has thus far been accomplished largely through the establishment and maintenance of protected areas. Climate change is expected to shift climate space of many species outside existing reserve boundaries. We used climate-envelope models to examine shifts in climate space of 11 species that are representative of the Mount Hamilton Project area (MHPA) (California, U.S.A.), which includes areas within Alameda, Santa Clara, San Joaquin, Stanislaus, Merced, and San Benito counties and is in the state's Central Coast ecoregion. We used Marxan site-selection software to determine the minimum area required as climate changes to achieve a baseline conservation goal equal to 80% of existing climate space for all species in the MHPA through 2050 and 2100. Additionally, we assessed the costs associated with use of existing conservation strategies (land acquisition and management actions such as species translocation, monitoring, and captive breeding) necessary to meet current species-conservation goals as climate changes. Meeting conservation goals as climate changes through 2050 required an additional 256,000 ha (332%) of protected area, primarily to the south and west of the MHPA. Through 2050 the total cost of land acquisition and management was estimated at US$1.67-1.79 billion, or 139-149% of the cost of achieving the same conservation goals with no climate change. To maintain 80% of climate space through 2100 required nearly 380,000 additional hectares that would cost $2.46-2.62 billion, or 209-219% of the cost of achieving the same conservation goals with no climate change. Furthermore, maintaining 80% of existing climate space within California for 27% of the focal species was not possible by 2100 because climate space for these species did not exist in the state. The high costs of conserving species as the climate changes-that we found in an assessment of one conservation project-highlights the need for tools that will aid

  13. ROMANIAN MOBILE TELECOMMUNICATIONS CLIENTS’ CONSUMPTION BEHAVIOUR WITHIN THE CURRENT ECONOMIC-FINANCIAL CRISIS

    Directory of Open Access Journals (Sweden)

    Meghisan Georgeta-Madalina

    2012-07-01

    Full Text Available The paper will analyze the consumption behaviour of the Orange mobile telephony company’s clients towards its services’ characteristics within the current economic financial crisis, taking into consideration the following elements: the low tariffs (for calls/ subscriptions/ other services, the quality of calls/ of sound, the network coverage within the territory, the company’s reputation, the negotiated offer, the quality and availability of the customer care service, the diversity of the auxiliary services, the range and prices of the mobile telephones, the costs that pay those who make calls towards this network, the loyalty programs, the usage of a last generation technology, the friends have subscriptions in the same network and the promotional offers. For a thorough research we will divide the operator’s clients into natural persons clients and legal persons clients, each group having its specificities. The data gathering method was the questionnaire sent by post office to all the Orange Romania branches (a total of 225 branches. We received a number of 64 responses, what means a responses rate of 28.4%, which were analyzed using the SPSS informatics program focusing on the correlation analysis and factor analysis. The main results emphasize the fact that the fight to attract clients becomes more and more powerful. The very competitive market leads to the growth of the importance of the price in choosing a provider. The operators’ short term gains from the clients that prefer low prices represent a long term risk of image. Choosing some services packages is sometimes very difficult due to the complexity of the offer. The clients expect the service to work, be simple and easy to use. They want to benefit from rapid and efficient assistance if errors occur and the operator respects the clauses of the contract. The results obtained through this study, allowed us to make an opinion on the perspective that the

  14. The effect of economic change and elite framing on support for welfare state retrenchment: a survey experiment

    NARCIS (Netherlands)

    P. Marx; G. Schumacher

    2016-01-01

    How do economic downturns affect citizens’ support for welfare state retrenchment? Existing observational studies fail to isolate the effect of economic conditions and the effect of elite framing of these conditions. We therefore designed a survey experiment to evaluate how economic change in conjun

  15. THE CURRENT FINANCIAL AND ECONOMIC CRISIS AS A NEW STAGE OF TRANSFORMATION OF THE GLOBAL ECONOMY

    OpenAIRE

    2014-01-01

    It is now widely accepted that modern economic science failed to foresee the financial and economic crisis of 2008-2009. However it is appear that there is still a lack of understanding fundamental causes of this crush and its aftermath. The available standard forecasting models and theories for the growth of the global economy are barely able to make correct forecasts in a crisis period and treat this crisis as a cyclical one. Moreover the nature of this crisis and its long-run effect on the...

  16. CURRENT ECONOMIC AND MEDICAL REFORMS IN THE ROMANIAN HEALTH CARE SYSTEM

    Directory of Open Access Journals (Sweden)

    Dragoi Mihaela Cristina

    2011-12-01

    Full Text Available The issue of health has always been, both in social reality and in academia and research, a sensitive topic considering the relationship each individual has with his own health and the health care system as a public policy. At public opinion levels and not only, health care is the most important sector demanding the outmost attention, considering that individual health is the fundamental prerequisite for well-being, happiness and a satisfying life. The ever present research and practical question is on the optimal financing of the health care system. Any answer to this question is also a political decision, reflecting the social-economic value of health for a particular country. The size of the resource pool and the criteria and methods for resource allocation are the central economic problems for any health system. This paper takes into consideration the limited resources of the national health care system (the rationalization of health services, the common methods of health financing, the specificity of health services market (the health market being highly asymmetric, with health professionals knowing most if not all of the relevant information, such as diagnosis, treatment options and costs and consumers fully dependent on the information provided in each case and the performance of all hospitals in Romania, in order to assess the latest strategic decisions (introduction of co-payment and merging and reconversion of hospitals taken within the Romanian health care system and their social and economic implications. The main finding show that, even though the intention of reforming and transforming the Romanian health care system into a more efficient one is obvious, the lack of economic and demographic analysis may results into greater discrepancies nationwide. This paper is aimed to renew the necessity of joint collaboration between the economic and medical field, since the relationship between health and economic development runs both ways

  17. Collective bargaining responses to the economic crisis in Europe

    NARCIS (Netherlands)

    V. Glassner; M. Keune

    2010-01-01

    Collective bargaining has proven to be an effective instrument to maintain employment and to allow companies to find flexible solutions to deal with the steep economic downturn. In particular, social partners played an important role in implementing statutory short-time working provisions aimed at m

  18. Food safety and ecologization: practical solutions to problems at the regional level in current economic conditions

    Directory of Open Access Journals (Sweden)

    Lysochenko Alla, A.

    2015-03-01

    Full Text Available Ensuring food security and greening both at the level of the country, and at the level of regions are main objectives of modern agroeconomic policy. The state support creates favorable conditions for dynamic development of agrarian and industrial complex, raises investment opportunities and competitiveness of agricultural producers. A realization of the actions directed on assistance to the enterprises making import-substituting production of the regional agro-industrial complex is actual in modern economic conditions. The solution of this problem consists of investment projects implementation and production expansion of the operating enterprises. Considering new economic conditions, the ensuring financial stability of agricultural producers, availability of the food to needy segments of the population, production of valeologically safe food, and also increase efficiency of use of natural resources and conditions along with preservation of quality of environment at the local, regional and global levels are particularly acute challenges. State regulation of development of an agrofood complex of Russia remains a necessary condition for its reproduction functioning, and the social and economic policy has to provide economic availability of the food to all groups of the population that causes need of standard and legal fixing of mechanisms offood security achievement at the regional level.

  19. The Current Attack on Women's Rights: A Political-Economic Perspective.

    Science.gov (United States)

    Kress, June

    The right-wing attack on women's rights in the United States manifests itself in the regulation of reproductive rights, the family, and the workplace and corresponds to the changing needs of capital in an era of social and economic crises. Against this background, anti-abortion legislation, the Family Protection Act, and discrimination in the…

  20. WETLANDS AND WATER QUALITY TRADING: REVIEW OF CURRENT SCIENCE AND ECONOMIC PRACTICES WITH SELECTED CASE STUDIES

    Science.gov (United States)

    The study evaluates the technical, economic, and administrative aspects of establishing water quality trading (WQT) programs where the nutrient removal capacity of wetlands is used to improve water quality. WQT is a potentially viable approach for wastewater dischargers to cost-e...

  1. Student Loan Debt and Economic Outcomes. Current Policy Perspective No. 14-7

    Science.gov (United States)

    Cooper, Daniel; Wang, J. Christina

    2014-01-01

    This policy brief advances the growing literature on how student loan debt affects individuals' other economic decisions. Specifically, it examines the impact of student loan liabilities on individuals' homeownership status and wealth accumulation. The analysis employs a rich set of financial and demographic control variables that are not…

  2. THE CURRENT FINANCIAL – ECONOMIC CRISIS – DEEP BREAK THAT CHALLENGES AND IMPOSES A NEW PARADIGM

    Directory of Open Access Journals (Sweden)

    Negucioiu Aurel

    2009-05-01

    Full Text Available The most important sign of the times we are living is certainly the global economic crisis. Far from being an illusion, even though we cannot deny the true that she generates not a few illusions; it is a reality that cannot be denied. It – the crisis – ex

  3. THE ECONOMIC AND SOCIAL COORDINATES OF DEVELOPING A SPORT ENTREPRENEURSHIP INDEX – CURRENT CHALLENGES AND PREREQUISITES

    Directory of Open Access Journals (Sweden)

    MUNTEANU SEBASTIAN MADALIN

    2015-07-01

    Full Text Available Focussing on the consideration of the multivariate relationship between sport and economics, the present study is based on the sport potential of supporting economic growth through the enhancement of the relatively new domain of “sport entrepreneurship”. The brief revision of the specialized literature regarding the development of sport entrepreneurship in general terms is followed by a series of fundamental factors for the innovative proposal of a sport entrepreneurship index (SEI in the European Union member countries. The methodological issues concerning the structure of the index represent the main novelty aspect of this research, which aims to be a prerequisite of a future thorough analysis regarding the micro- and macro-economic implications of developing a sport entrepreneurship index (SEI in EU countries. The main identified challenge is a scientific one and it resides in the summative assessment of the elements representing entrepreneurship, sport and culture in the SEI, whereas the necessity of determining such an index appears because of economic and social reasons.

  4. WETLANDS AND WATER QUALITY TRADING: REVIEW OF CURRENT SCIENCE AND ECONOMIC PRACTICES WITH SELECTED CASE STUDIES

    Science.gov (United States)

    The study evaluates the technical, economic, and administrative aspects of establishing water quality trading (WQT) programs where the nutrient removal capacity of wetlands is used to improve water quality. WQT is a potentially viable approach for wastewater dischargers to cost-e...

  5. Learning from Bjartur About Today's Icelandic Economic Crisis

    Directory of Open Access Journals (Sweden)

    Maria Pia Paganelli

    2010-03-01

    Full Text Available Economies are complex systems resulting from human action but not from human design. The economic success of Iceland in recent decades was the result of the development of good institutions combined with a positive global economic climate. The recent economic downturn, not just in Iceland but around the world, should be a reminder that good institutions matter and should serve as an exhortation to continue building good institutions rather than dismissing them in favor of institutions that generate poverty.

  6. The Economic Crisis Hits Home: The Unfolding Increase in Child & Youth Homelessness

    Science.gov (United States)

    Duffield, Barbara; Lovell, Phillip

    2008-01-01

    While the economic downturn has appropriately become the top priority of policy makers, one element of the crisis has gone largely unnoticed: its impact on children and youth. Largely due to the economic and housing crises, many school districts across the country report increases in the number of homeless students in the classroom. "The Economic…

  7. How Does the Economic Crisis Affect the Psychological Well-Being? Comparing College Students and Employees

    Science.gov (United States)

    Wetzel, Kathrin; Mertens, Anne; Röbken, Heinke

    2012-01-01

    Little is known about differences in the impact of economic stress on students as compared to persons holding secure job positions. Besides the macroeconomic effects, an economic downturn can also affect individual's physical health and psychological well-being (Aytaç & Rankin, 2009). Prior research showed that socio-demographic…

  8. The links between economic integration and remittances behaviour of migrants in the Netherlands

    NARCIS (Netherlands)

    Bilgili, Ö.

    2013-01-01

    In a time of economic downturn and the recession in Europe, a migrant’s labour market position is even more precarious, and may influence their economic homeland engagement. Based on the IS Academy, Migration and Development: A World in Motion Project survey data3, I focus on Afghan, Burundian, Ethi

  9. THE ANALYSIS OF THE REAL ESTATE INVESTMENTS IN THE CURRENT ECONOMIC ENVIRONMENT

    Directory of Open Access Journals (Sweden)

    Hristea Anca Maria

    2013-07-01

    Full Text Available Real estate investments are one of the most attractive business opportunities in the context of the contemporary economy, generally marked by economic recession and especially by monetary and financial instability. Last years international reporting concluded that deepening the global economic crisis determined an increase of the real estate request, while despite all expectations one did not assist a crash of the prices. Economic reality showed that real estate assets value (buildings, land kept proportions with economic reality over time. A comparison between stock exchange market and the real estate market shows that while an movables investor (investments in stocks, bonds or life insurance might lose completely his initial investment, the investments in real estate assets, such as buildings, would keep their quality as goods and would also keep a value to better resist shocks and thus allowing an increase of the capital. When appreciating the value of an investment the first things to analyze are the return, liquidity and risk criteria, which are essential in real estate investments too. Stimulating real estate market must be not only a wish but also a reality of global economy, since it can correct many of the aggregated indicators of a country. Containing scientifically detached from economic practice, this article is addressed to readers with interests in real estate investment. The language is usually referred particularly to the qualitative side of the real estate market approach. The feasibility of the real estate investments is being conditioned by their capacity to generate important profits, on the background of the reduction of the duration of recovery of their value. The economic instability from the last couple of years has generated fears and failures but, paraphrasing Johann Wolfgang von Goethe, courage is a mixture of genius, magic and power that helps us succeed in everything we set our mind to. The investments on the real

  10. Turning points in nonlinear business cycle theories, financial crisis and the 2007-2008 downturn.

    Science.gov (United States)

    Dore, Mohammed H I; Singh, Ragiv G

    2009-10-01

    This paper reviews three nonlinear dynamical business cycle theories of which only one (The Goodwin model) reflects the stylized facts of observed business cycles and has a plausible turning point mechanism. The paper then examines the US (and now global) financial crisis of 2008 and the accompanying downturn in the US. The paper argues that a skewed income distribution could not sustain effective demand and that over the 2001-2006 expansion demand was maintained through massive amounts of credit, with more than 50 percent of sales in the US being maintained through credit. A vector autoregression model confirms the crucial role played by credit. However legislative changes that dismantled the restrictions placed on the financial sector after the crash of 1929 and the consequent structural changes in the financial sector after 1980 enabled the growth of new debt instruments and credit. But overexpansion of credit when profits and house prices were declining in 2005/06 led to a nonlinear shift due to a new realization of the poor quality of some of this debt, namely mortgage backed securities. Bankruptcies, followed by retrenchment at the banks, then led to the bursting of the credit bubble, with the possibility of a severe recession.

  11. Policy, economic, and industry repercussions of current e-business diffusion rate In European food industry

    OpenAIRE

    Vlachos, Ilias

    2005-01-01

    European policy is focussed on promoting the business techniques and new ways of working which will provide the economic and social foundation of the information society in Europe. To help policy makers define their programmes, and to monitor the effectiveness of these policies, it is essential to examine progress as well as identify areas requiring active support. This study examined the repercussions of e-business progress in the food sector based on the findings of a large quantitative sur...

  12. Some current dimensions of the behavioral economics of health-related behavior change.

    Science.gov (United States)

    Bickel, Warren K; Moody, Lara; Higgins, Stephen T

    2016-11-01

    Health-related behaviors such as tobacco, alcohol and other substance use, poor diet and physical inactivity, and risky sexual practices are important targets for research and intervention. Health-related behaviors are especially pertinent targets in the United States, which lags behind most other developed nations on common markers of population health. In this essay we examine the application of behavioral economics, a scientific discipline that represents the intersection of economics and psychology, to the study and promotion of health-related behavior change. More specifically, we review what we consider to be some core dimensions of this discipline when applied to the study health-related behavior change. Behavioral economics (1) provides novel conceptual systems to inform scientific understanding of health behaviors, (2) translates scientific understanding into practical and effective behavior-change interventions, (3) leverages varied aspects of behavior change beyond increases or decreases in frequency, (4) recognizes and exploits trans-disease processes and interventions, and (5) leverages technology in efforts to maximize efficacy, cost effectiveness, and reach. These dimensions are overviewed and their implications for the future of the field discussed.

  13. The burden of migraine in the United States: current and emerging perspectives on disease management and economic analysis.

    Science.gov (United States)

    Hazard, Elisabeth; Munakata, Julie; Bigal, Marcelo E; Rupnow, Marcia F T; Lipton, Richard B

    2009-01-01

    Migraine is often perceived as a low-impact condition that imposes a limited burden to society and the health-care system. This study reviews the current understanding of the burden of migraine in the U.S., the history of economic understanding of migraine treatment and identifies emergent trends for future studies evaluating clinical and economic outcomes of migraine treatment. This study traced the history of economic articles published on migraine by performing a literature search using PubMed MEDLINE database and ancestral searches of relevant articles. The intention was not to provide an exhaustive review of every article or adjudicate between studies with different findings. Migraine affects millions of individuals worldwide, generally during the most productive years of a person's life. Studies show that migraineurs are underdiagnosed, undertreated, and experience substantial decreases in functioning and productivity, which in turn translates into diminished quality of life for individuals, and financial burdens to both health-care systems and employers. Economic evaluations of migraine therapies have evolved with new clinical developments beginning with cognitive-behavioral therapy, introduction of triptans, concern over medication overuse, and emergence of migraine prophylaxis. Now recent clinical studies suggest that migraine may be a progressive disease with cardiovascular, cerebrovascular, and long-term neurologic effects. Migraine imposes a substantial burden on patients, families, employers and societies. The economic standards by which migraine and treatment are evaluated have evolved in response to clinical developments. Emerging evidence suggests that migraine is a chronic and progressive disease. If confirmed, approaches to acute and prophylactic treatments and economic evaluations of migraine treatment may require major reconsideration.

  14. Global energy and environmental security in the current global economic crisis

    Directory of Open Access Journals (Sweden)

    Kosov Yuri

    2010-03-01

    Full Text Available This article considers the problems of the environmental impact of energy. Further reduction of this impact on the global environment can be achieved two ways. The short-term one implies the increase in energy efficiency. In the next 15—20 years, the increase in efficiency should become a priority of the energy policy of all states. The long-term one is based on the gradual expansion of renewable energy. This method is aimed to avoid further economic and energy crises. At the same time, it has an important environmental aspect. Experts claim that the new area of global energy should be less costly than the traditional ones.

  15. Acetone-butanol-ethanol fermentation of corn stover: current production methods, economic viability and commercial use.

    Science.gov (United States)

    Baral, Nawa R; Slutzky, Lauren; Shah, Ajay; Ezeji, Thaddeus C; Cornish, Katrina; Christy, Ann

    2016-03-01

    Biobutanol is a next-generation liquid biofuel with properties akin to those of gasoline. There is a widespread effort to commercialize biobutanol production from agricultural residues, such as corn stover, which do not compete with human and animal foods. This pursuit is backed by extensive government mandates to expand alternative energy sources. This review provides an overview of research on biobutanol production using corn stover feedstock. Structural composition, pretreatment, sugar yield (following pretreatment and hydrolysis) and generation of lignocellulose-derived microbial inhibitory compounds (LDMICs) from corn stover are discussed. The review also discusses different Clostridium species and strains employed for biobutanol production from corn stover-derived sugars with respect to solvent yields, tolerance to LDMICs and in situ solvent recovery (integrated fermentation). Further, the economics of cellulosic biobutanol production are highlighted and compared to corn starch-derived ethanol and gasoline. As discussed herein, the economic competitiveness of biobutanol production from corn stover largely depends on feedstock processing and fermentation process design.

  16. Analysis of China's Renewable Energy Development under the Current Economic and Technical Circumstances

    Institute of Scientific and Technical Information of China (English)

    Dan Shi

    2009-01-01

    At present, the development of renewable energy relies mainly on government support. The government invests in a considerable number of projects to improve public welfare and to assist in poverty relief. If China is to replace fossil fuels on a large scale with renewable energy sources, the production costs und prices of renewable energy must he brought down. All countries are facing the challenge of moving to a more secure and low-carbon energy system without weakening economic and social development. In this regard, China is facing an even greater challenge in terms of economic cost, as cheap coal remains the main energy form. Technical innovation and industrialization in the area of renewable energy is an important means of lowering cost. China is in for a period of high-speed development of its economy and the rising demand for energy is irreversible. If the technical progress and development speed of renewable energy lags behind the growth in demand, it will be difficult to realize the improvement of its energy structure.

  17. Regional economic effects of current and proposed management alternatives for Sand Lake National Wildlife Refuge

    Data.gov (United States)

    US Fish and Wildlife Service, Department of the Interior — This report first provides a description of the local community and economy near Sand Lake NWR. An analysis of current and proposed management strategies that could...

  18. Double aneuploidy in three Egyptian patients: Down-Turner and Down-Klinefelter syndromes.

    Science.gov (United States)

    Zaki, M S; Kamel, A A; El-Ruby, M

    2005-01-01

    The co-occurrence of two numerical chromosomal abnormalities in same individual (double aneuploidy) is relatively rare and its clinical presentations are variable depending on the predominating aneuploidy or a combination effect of both. Furthermore, double aneuploidy involving both autosomal and sex chromosomes is seldom described. In this study, we present three patients with double aneuploidy involving chromosome 21 and sex chromosomes. They all had the classical non disjunction trisomy 21; that was associated with monosomy X in two of them and double X in the other. Clinically, they had most of the phenotypic features of Down syndrome as well as variable features characteristic of Turner or Klinefelter syndrome. Cytogenetic studies and fluorescence in situ hybridization (FISH) analysis were carried out for all patients and their parents. The first patient was a male, mosaic with 2 cell lines (45,X/47,XY,+21) by regular banding techniques and had an affected sib with Down syndrome (47,XY,+21). The second was a female, mosaic (46,X,+21/47,XX,+21) where monosomy X was detected only by FISH in 15 percentages of cells, nevertheless, stigmata of Turner syndrome was more obvious in this patient. The third patient had non mosaic double trisomy; Down-Klinefelter (48,XXY,+21) presented with Down syndrome phenotype. Parental karyotypes and FISH studies for these patients were normal with no evidence of mosaicism. In this report, we review the variable clinical presentations among the few reported cases with the same aneuploidy in relation to ours. Also, the proposed mechanisms of double aneuploidy and the occurrence of non-disjunction in more than one family member are discussed. This study emphasizes the importance of molecular cytogenetics studies for more than one tissue in cases with atypical features of characteristic chromosomal aberration syndromes. To our knowledge, this is the first report of double aneuploidy, Down-Turner and Down-Klinefelter syndromes in

  19. Recombinant plant-derived pharmaceutical proteins: current technical and economic bottlenecks.

    Science.gov (United States)

    Sabalza, Maite; Christou, Paul; Capell, Teresa

    2014-12-01

    Molecular pharming is a cost-effective platform for the production of recombinant proteins in plants. Although the biopharmaceutical industry still relies on a small number of standardized fermentation-based technologies for the production of recombinant proteins there is now a greater awareness of the advantages of molecular pharming particularly in niche markets. Here we discuss some of the technical, economic and regulatory barriers that constrain the clinical development and commercialization of plant-derived pharmaceutical proteins. We also discuss strategies to increase productivity and product quality/homogeneity. The advantages of whole plants should be welcomed by the industry because this will help to reduce the cost of goods and therefore expand the biopharmaceutical market into untapped sectors.

  20. GENDER DISPARITIES REGARDING WAGE AS A MOTIVATIONAL TOOL IN THE CURRENT ECONOMIC CONTEXT

    Directory of Open Access Journals (Sweden)

    DEMYEN SUZANA

    2014-02-01

    Full Text Available The deepening process of globalization, negative trends regarding demographic evolution both nationally and internationally, also the emigration phenomenon and the long-term effects of the economic crisis, are the main challenges in terms of creating a general support and to encourage a fair and effective management of human resources, regardless of the industry they are developing their activity. Motivation consists in a series of problems that need to be solved in order to generate both individual and team performance, and wage is seen as one of the most important motivational tools. Though we have witnessed a less serious gap between wages according to the gender criterion, still there can be identified certain issues that need to be solved regardless the most recent trends in management

  1. [Economic profitability: current aspects of X-ray contrast diagnosis in urology].

    Science.gov (United States)

    Ukolov, V A; Perepanova, T S; Grigor'ev, A A

    2005-01-01

    A diversity of X-ray contrast diagnostic techniques used in urology provides a way of using different groups of X-ray contrast materials (XCMs) in accordance of the set tasks. Many years' experience in handling water-soluble triiodinated XCMs while examining the kidneys and urinary tract provides evidence for their diagnostic effectiveness and safety. The new Triombrast (OAO "Farmac", Kiev) synthesized on the basis of the Spanish substance (Justesa Imagen SA) has successfully undergone clinical trials and meets the high requirements made by the specialized urological facilities is economically profitable. The paper has been prepared, by using the reports on the results of preclinical studies of the agent and the experience of its use in the clinic of the Research Institute of Urology and City Clinical Hospital No. 47, Moscow.

  2. Ukrainian Economic Reforms: Current Status and Perspectives in the Face of Competition on European Union Markets

    Directory of Open Access Journals (Sweden)

    Greta Marianna

    2016-06-01

    Full Text Available The conflict in Ukraine since the beginning of 2014 has been the important in the history of Ukraine as an independent state. Despite the danger of economic collapse, the loss of Crimea, and war in its most industrialized region, Ukraine is still trying to conduct reforms and implement Western standards. Through persistent work Ukraine has been moving forward, despite all the difficulties. The society is staying together with the government to save the economy and defend the integrity of the whole country. This article outlines key processes in the Ukrainian reforms during 2014 and describes the cooperation of Ukraine with the European Union and international organizations in the field of financial support and reforms. The main goal of the article is to present the situation in various spheres of the country’s development, but it is also an attempt to present a wider perspective on both the achievements and shortcomings in the process of reforms. The authors focus on those aspects having a significant impact on the Ukrainian economy after February 2014.

  3. Emerging phytopathogen Macrophomina phaseolina: biology, economic importance and current diagnostic trends.

    Science.gov (United States)

    Kaur, Surinder; Dhillon, Gurpreet Singh; Brar, Satinder Kaur; Vallad, Gary Edward; Chand, Ramesh; Chauhan, Vijay Bahadur

    2012-05-01

    Macrophomina phaseolina (Tassi) Goid. is an important phytopathogenic fungus, infecting a large number of plant species and surviving for up to 15 years in the soil as a saprophyte. Although considerable research related to the biology and ecology of Macrophomina has been conducted, it continues to cause huge economic losses in many crops. Research is needed to improve the identification and characterization of genetic variability within their epidemiological and pathological niches. Better understanding of the variability within the pathogen population for traits that influence fitness and soil survival will certainly lead to improved management strategies for Macrophomina. In this context, the present review discusses various biological aspects and distribution of M. phaseolina throughout the world and their importance to different plant species. Accurate identification of the fungus has been aided with the use of nucleic acid-based molecular techniques. The development of PCR-based methods for identification and detection of M. phaseolina are highly sensitive and specific. Early diagnosis and accurate detection of pathogens is an essential step in plant disease management as well as quarantine. The progress in the development of various molecular tools used for the detection, identification and characterization of Macrophomina isolates were also discussed.

  4. EU budget reform in the context of the current economic crisis

    Directory of Open Access Journals (Sweden)

    Ionela POPA

    2012-10-01

    Full Text Available The European Union regarded as an economic reenhancement force in Europe and in the world must fund the needs of 500 million citizens. To do that, it should possess an innovative budget adjusted to the new facts of globalization meant to meet present challenges and create various opportunities for the future.In order to improve budgetary procedures, the need to reform the community bugdet has emerged, namely to change the way it is designed and spent. The manner of setting and distributing the community budget has been changed several times whenever the context in member states has demanded. Thus, European institutions concluded in 1988 interinstitutional agreements which have been covering budgetary process and budget allocation ever since. Agreements are concluded for several years and bear the name of “financial prospects”. Other two agreements have been made (during 2007-2013 and, respectively, 2014- 2020 in compliance with Delors I and Delors II Packages.The present paper focuses on approaching the progress of budgetary indicators in the context of the multiannual financial framework where the European Union budget is set.

  5. Problems of software financial resources agrarian sector in the current economic conditions of management

    Directory of Open Access Journals (Sweden)

    Grischuk Nadiya Viktorivna

    2016-12-01

    Full Text Available Research of financial science on questions providing of financial resources does not exhaust and needs a further study that acquires new descriptions and vectors of development constantly, what costing illuminations in the conditions of present time. Research of the state of provision of financial resources agrarian to the sector of economy with allocating of main segment – loan and attracted financial resources, today topically. In the article the essence funds are considered sources of agricultural enterprises financial resources and problems associated with the formation and use of financial resources in the modern world. Also the problems arising in improving the process of raising funds agricultural enterprises. Revealed that an effective tool to attract financial resources is the issue of convertible bonds and the introduction of agricultural receipts. It is well-proven that in the conditions of unstable environment forward development of the system of agrarian relations must be carried out on the basis of the government programs, and normatively-legal adjusting that take into account not only the existent state of affairs at the market of agroindustrial products but also economic provision of enterprises national agrarian to the sector.

  6. THE ADVANTAGES OF REGIONALIZATION BY TRANSFORMING THE CURRENT TERRITORIAL ECONOMIC AND STATISTICAL STRUCTURES INTO ADMINISTRATIVE STRUCTURES

    Directory of Open Access Journals (Sweden)

    Iordan Marioara

    2014-02-01

    Full Text Available According to the EU standards on statistics and administrative units, it is recommended that the Member States should develop relatively homogeneous territorial structures in terms of their size or the number of inhabitants, and "increasing", from smallsized regional structures to structures with a few million people. Considering the above-mentioned, the paper presents a brief description of the evolution of territorial-administrative organization of Romania, with the emphasis on the current existing regional structures. An extensive presentation of the pro and cons of transforming the current development regions from relatively limited instruments of implementing the regional policy, lacking legal status and effective levers, into real, de jure administrative units, adequately empowered to implement effectively the cohesion policy and make proper use of the European, national and local funding (public and private is also done. Finally, a possible re-aggregation of the counties that have common characteristics and potential for functional integration as administrative regions - adapted to the current realities on the ground and based on comprehensive criteria – is presented.

  7. THE ADVANTAGES OF REGIONALIZATION BY TRANSFORMING THE CURRENT TERRITORIAL ECONOMIC AND STATISTICAL STRUCTURES INTO ADMINISTRATIVE STRUCTURES

    Directory of Open Access Journals (Sweden)

    Iordan Marioara

    2014-02-01

    Full Text Available According to the EU standards on statistics and administrative units, it is recommended that the Member States should develop relatively homogeneous territorial structures in terms of their size or the number of inhabitants, and "increasing", from small-sized regional structures to structures with a few million people. Considering the above-mentioned, the paper presents a brief description of the evolution of territorial-administrative organization of Romania, with the emphasis on the current existing regional structures. An extensive presentation of the pro and cons of transforming the current development regions from relatively limited instruments of implementing the regional policy, lacking legal status and effective levers, into real, de jure administrative units, adequately empowered to implement effectively the cohesion policy and make proper use of the European, national and local funding (public and private is also done. Finally, a possible re-aggregation of the counties that have common characteristics and potential for functional integration as administrative regions-adapted to the current realities on the ground and based on comprehensive criteria – is presented.

  8. Hard times and European youth : The effect of economic insecurity on human values, social attitudes and well-being

    NARCIS (Netherlands)

    Reeskens, T.; Vandecasteele, Leen

    2017-01-01

    While economic downturns have adverse effects on young people's life chances, empirical studies examining whether and to what extent human values, social attitudes and well-being indicators respond to sudden economic shocks are scarce. To assess the claim that human values are less affected by

  9. Economic crisis and levels of political participation in Europe (2002-2010): the role of resources and grievances

    NARCIS (Netherlands)

    Kern, A.; Marien, S.; Hooghe, M.

    2015-01-01

    This article examines the effect of the recent economic crisis on political participation levels in Europe. As the civic voluntarism model and grievances theory predict different effects of economic downturn on political participation, the crisis provides a unique context to evaluate the explanatory

  10. Regional economic effects of current and proposed management alternatives for Arrowwood National Wildlife Refuge

    Science.gov (United States)

    Koontz, Lynne; Lambert, Heather

    2005-01-01

    The National Wildlife Refuge System Improvement Act of 1997 requires all units of the National Wildlife Refuge System to be managed under a Comprehensive Conservation Plan (CCP). The CCP must describe the desired future conditions of a Refuge and provide long range guidance and management direction to achieve Refuge purposes. Arrowwood National Wildlife Refuge (NWR), located along the James River in east central North Dakota, is in the process of developing a range of management goals, objectives, and strategies for the CCP. The CCP for Arrowwood NWR must contain an analysis of expected effects associated with current and proposed Refuge management strategies.

  11. Regional economic effects of current and proposed management alternatives for Sand Lake National Wildlife Refuge

    Science.gov (United States)

    Koontz, Lynne; Lambert, Heather

    2005-01-01

    The National Wildlife Refuge System Improvement Act of 1997 requires all units of the National Wildlife Refuge System to be managed under a Comprehensive Conservation Plan (CCP). The CCP must describe the desired future conditions of a Refuge and provide long range guidance and management direction to achieve Refuge purposes. Sand Lake National Wildlife Refuge (NWR), located 27 miles northeast of Aberdeen, South Dakota, is in the process of developing a range of management goals, objectives, and strategies for the CCP. The CCP for Sand Lake NWR must contain an analysis of expected effects associated with current and proposed Refuge management strategies.

  12. Current Account Imbalances and Economic Growth: a two-country model with real-financial linkages

    OpenAIRE

    Laura Barbosa de Carvalho

    2012-01-01

    This paper builds a two-country stock-flow consistent model by com- bining a debt-led economy that emits the international reserve currency with an export-led economy. The model has two major implications. First, an initial trade deficit in the debt-led country leads to a perma- nent imbalance in the current account, even when the exchange rate is at parity. Second, different re-balancing mechanisms, namely a currency depreciation or the reduction of the propensity to import in the debt-led c...

  13. Sex Differentials in Unemployment Rates in Male-dominated Occupations and Industries during Periods of Economic Downturn.

    Science.gov (United States)

    Monk-Turner, Elizabeth

    A study examined the ways in which cyclical changes in the business cycle affect unemployment rates by sex in male-dominated occupations and industries. Using data from the monthly reports on employment and earnings issued by the U.S. Bureau of Labor Statistics (1969-1982), the report examined employment rates in selected male-dominated and…

  14. When There Is No Welfare: The Income Packaging Strategies of Mothers Without Earnings or Cash Assistance Following an Economic Downturn

    Directory of Open Access Journals (Sweden)

    Kristin S. Seefeldt

    2015-11-01

    Full Text Available The 1996 welfare reform law sought to reformulate single mothers’ income package, replacing cash welfare checks with paychecks. However, many single mothers have not been able to do that and have neither earnings nor cash assistance. Among a sample of single mothers in Los Angeles and southeast Michigan, we find that when single mothers lose jobs and do not receive cash assistance, they package income from a variety of sources (such as other public assistance programs and informal child support, find others in their social networks to pay their bills, or move in with others. However, their income packaging strategies are fraught with challenges. Benefits from certain public programs are difficult to secure; financial assistance from friends and family members can quickly vanish, particularly if a partner is deported or jailed; and doubling up with others often leads to living in crowded and unsafe conditions.

  15. The importance of sustainable tourism in reversing the trend in the economic downturn and population decline of rural communities

    Directory of Open Access Journals (Sweden)

    Rebecca Goulding

    2014-01-01

    Full Text Available A nivel mundial existe una tendencia cada vez mayor de desplazamiento de personas en zonas rurales, particularmente en pequeños asentamientos, a los centros urbanos. Este desplazamiento es más común en grupos de edad jóvenes, afectando industrias tradicionales como la agricultura y sus servicios asociados, amenazando por ende la sostenibilidad de asentamientos rurales. En algunos pueblos de zonas rurales, la disminución de población y reducción de la agricultura ha conducido a su deterioro social y económico. Este articulo presenta el caso de pequeños asentamientos, dos en Italia y dos en Australia en los cuales se ha fortalecido eficazmente la localidad para desarrollar una prospera industria del turismo. Este artículo provee una comparación y evaluación de los registros del número de visitantes y el aporte del turismo en estas regiones, demostrando su éxito y tendencias de crecimiento. También se presenta como a menudo otras industrias, aparte del turismo en conjunto con características únicas o activos de una zona, crean un atractivo importante para los turistas. De este modo se están proporcionando beneficios económicos, sociales y ambientales significativos a estas áreas.

  16. From geospatial observations of ocean currents to causal predictors of spatio-economic activity using computer vision and machine learning

    Science.gov (United States)

    Popescu, Florin; Ayache, Stephane; Escalera, Sergio; Baró Solé, Xavier; Capponi, Cecile; Panciatici, Patrick; Guyon, Isabelle

    2016-04-01

    The big data transformation currently revolutionizing science and industry forges novel possibilities in multi-modal analysis scarcely imaginable only a decade ago. One of the important economic and industrial problems that stand to benefit from the recent expansion of data availability and computational prowess is the prediction of electricity demand and renewable energy generation. Both are correlates of human activity: spatiotemporal energy consumption patterns in society are a factor of both demand (weather dependent) and supply, which determine cost - a relation expected to strengthen along with increasing renewable energy dependence. One of the main drivers of European weather patterns is the activity of the Atlantic Ocean and in particular its dominant Northern Hemisphere current: the Gulf Stream. We choose this particular current as a test case in part due to larger amount of relevant data and scientific literature available for refinement of analysis techniques. This data richness is due not only to its economic importance but also to its size being clearly visible in radar and infrared satellite imagery, which makes it easier to detect using Computer Vision (CV). The power of CV techniques makes basic analysis thus developed scalable to other smaller and less known, but still influential, currents, which are not just curves on a map, but complex, evolving, moving branching trees in 3D projected onto a 2D image. We investigate means of extracting, from several image modalities (including recently available Copernicus radar and earlier Infrared satellites), a parameterized representation of the state of the Gulf Stream and its environment that is useful as feature space representation in a machine learning context, in this case with the EC's H2020-sponsored 'See.4C' project, in the context of which data scientists may find novel predictors of spatiotemporal energy flow. Although automated extractors of Gulf Stream position exist, they differ in methodology

  17. Trust and management-to-employee communication in Slovenian companies: Some evidence from the current economic crisis

    Directory of Open Access Journals (Sweden)

    Maja Makovec Brenčič

    2011-01-01

    Full Text Available This paper analyzes the importance of trust and management-to-employee communication among top Slovenian employers from the Golden Thread Survey. The paper analyzes the changes and impact of the deteriorating external economic situation on (a company-employee relational trust, and on the (b perceived importance of “trust and long-term relationships with the company in the eyes of the customer” by respondent managers. Furthermore, our analysis also looks at the impact of management-to-employee communication on both trust perspectives. The results show a stable level of company-employee relational trust in the face of the current economic crisis, despite a high level of perceived organizational process changes and a sharp decline in financial performance. On the other hand, the perceived importance of “trust and long-term relationships with the company in the eyes of the customer” has increased substantially as the crisis has deepened, supporting our claim that relationships and the external relationship orientation gain importance in the time of crisis. There is also a strong link between the degree of open and frequent management-to-employee communication, and both perspectives of measured trust among top Slovenian employers.

  18. Current Economic and Financial Crisis – New Issues or Returning to the Old Problems? Paradigms, Causes, Effects and Solutions Adopted

    Directory of Open Access Journals (Sweden)

    Felix TOTIR

    2011-01-01

    Full Text Available At the ideological level, the current crisis, as the others in history, has triggered an intellectual debate among several applicable ideas: ultra-liberal theory of the "invisible hand" of Adam Smith, Keynes's theory of state interventionism and even neo-Marxist theories. Globalization, with all its core components, generates a chain reaction when the phenomenon occurs, either positive or negative. The origin of the current financial crisis should be sought in the effects of massive cross-border capital flows and the use of more complex derivatives. Reaching the saturation of the three engines of economic growth worldwide in the period after the collapse of the socialist bloc is another important cause of all the failures that currently exist worldwide. Acquisition of toxic assets from bank balance sheets, their recapitalization and takeover by the state, but also the reinforcement of the prudential supervision of capitalization, liquidity and risk management system, improved transparency and speed the process of evaluating or reinforcing authorities' response to risk, can be considered short or long term anti-crisis measures, as appropriate.

  19. Economic crisis, world economy, economics and economic policy.

    OpenAIRE

    Sherstnev, Mikhail

    2011-01-01

    The paper analyzes the current discussions on the the state of economics with special focus on the interreletionships between key ideas of economic theories and real actions of economic policy in the course of the global economic crisis.

  20. „STABILITY AND GROWTH PACT, COMMUNITY DOCUMENT „REVIVED” IN THE CURRENT GLOBAL ECONOMIC CRISIS”

    Directory of Open Access Journals (Sweden)

    ROXANA-DANIELA PAUN

    2011-04-01

    Full Text Available The article proposes to make a reasoned radiography Stability and Growth Pact, EU document revived therefore need to strengthen financial discipline and budget 6 to 7 September 2010 meeting of the Economic and Financial Affairs Council (ECOFIN. He talked about the introduction of the Stability and Growth in a 'European quarter' which will be monitored in structural and fiscal policies of the Member States. He also held a first exchange of views about the possible introduction of a levy on banks and a tax on financial transactions. Thus, the European Union has moved to create the world's first supranational system of control over the financial markets, particularly in order to reduce the risk of global financial crisis. The system will act in early 2011. For the first time in history, European financial control agencies will have more seats than national governments. In addition, the European Central Bank will see a branch that will track the emergence of crisis risk.The financial crisis has diminished the EU's growth potential, and made it clear just how interdependent its members' economies are, particularly inside the eurozone. The most important priority now is to restore growth and create effective mechanisms for regulating financial markets - in Europe and internationally. In strengthening its system of economic governance, Europe must learn from previous shortcomings which have put the financial stability of the whole eurozone at risk:- poor observance of the EU's sound rules and procedures for economic policy coordination- insufficient reduction in public debt during the good times – with peer pressure proving an adequate incentive- failure to deal effectively with the build-up of macroeconomic imbalances - despite the Commission's warnings – resulting in high current account deficits, large external indebtedness and high public debt levels in a number of countries (above the official 60% limit for eurozone countries. Greater economic

  1. The 2010 State New Economy Index: Benchmarking Economic Transformation in the States

    Science.gov (United States)

    Atkinson, Robert D.; Andes, Scott

    2010-01-01

    While every state continues to experience the impacts of the economic downturn and resulting recession, it will be many years before people understand the full nature and causes of the financial crisis. But it appears that one of the contributing factors to both the crisis and the anemic nature of the recovery has been the weakened position of the…

  2. The delay of investments in Romanian tourism caused by the current financial crisis

    Directory of Open Access Journals (Sweden)

    Fratu, D.

    2010-12-01

    Full Text Available The European Union considers creating specific economic areas due to the inheritance of each country. For the south-east European area, the characteristic is the low industrial development, as a consequence of the financial crises. Nowadays, the south-east European area becomes attractive mainly because of the tourism industry, due to the industrial downturn of the last decades. EU policies regarding the tourism industry face the actual financial crisis, which is reflected in the postponing of investments in tourism. In this article, the author intends to analyze the current stage of investments made in the Romanian tourism industry with the help of the European Union. The study also aims at finding favourable solutions for continuing investments, although the crisis persists.

  3. More Health Expenditure, Better Economic Performance? Empirical Evidence From OECD Countries

    Directory of Open Access Journals (Sweden)

    Fuhmei Wang PhD

    2015-08-01

    Full Text Available Recent economic downturns have led many countries to reduce health spending dramatically, with the World Health Organization raising concerns over the effects of this, in particular among the poor and vulnerable. With the provision of appropriate health care, the population of a country could have better health, thus strengthening the nation’s human capital, which could contribute to economic growth through improved productivity. How much should countries spend on health care? This study aims to estimate the optimal health care expenditure in a growing economy. Applying the experiences of countries from the Organization for Economic Co-Operation and Development (OECD over the period 1990 to 2009, this research introduces the method of system generalized method of moments (GMM to derive the design of the estimators of the focal variables. Empirical evidence indicates that when the ratio of health spending to gross domestic product (GDP is less than the optimal level of 7.55%, increases in health spending effectively lead to better economic performance. Above this, more spending does not equate to better care. The real level of health spending in OECD countries is 5.48% of GDP, with a 1.87% economic growth rate. The question which is posed by this study is a pertinent one, especially in the current context of financially constrained health systems around the world. The analytical results of this work will allow policymakers to better allocate scarce resources to achieve their macroeconomic goals.

  4. More Health Expenditure, Better Economic Performance? Empirical Evidence From OECD Countries.

    Science.gov (United States)

    Wang, Fuhmei

    2015-01-01

    Recent economic downturns have led many countries to reduce health spending dramatically, with the World Health Organization raising concerns over the effects of this, in particular among the poor and vulnerable. With the provision of appropriate health care, the population of a country could have better health, thus strengthening the nation's human capital, which could contribute to economic growth through improved productivity. How much should countries spend on health care? This study aims to estimate the optimal health care expenditure in a growing economy. Applying the experiences of countries from the Organization for Economic Co-Operation and Development (OECD) over the period 1990 to 2009, this research introduces the method of system generalized method of moments (GMM) to derive the design of the estimators of the focal variables. Empirical evidence indicates that when the ratio of health spending to gross domestic product (GDP) is less than the optimal level of 7.55%, increases in health spending effectively lead to better economic performance. Above this, more spending does not equate to better care. The real level of health spending in OECD countries is 5.48% of GDP, with a 1.87% economic growth rate. The question which is posed by this study is a pertinent one, especially in the current context of financially constrained health systems around the world. The analytical results of this work will allow policymakers to better allocate scarce resources to achieve their macroeconomic goals. © The Author(s) 2015.

  5. Aplicacions actuals de la teoria de fallades de mercat (en Economia Current Uses of the "Efficient Market Theory" in Economics Aplicaciones actuales de la teoría de fallos de mercado (en Economía

    Directory of Open Access Journals (Sweden)

    Ricardo Flores-Fillol

    2009-12-01

    Full Text Available Current Uses of the "Efficient Market Theory" in EconomicsEn este artículo, se proponen algunas aplicaciones actuales de la teoría de fallos de mercado en el marco de un grado de Economía. Son nuevos contextos en los que adaptar conocimientos existentes. Aunque sea una pequeña contribución, a partir de mi experiencia en las aulas, puedo afirmar que es extraordinariamente motivadora para el alumnado.

  6. COUNTRIES’ SUSTAINABILITY TO ECONOMIC SHOCKS: THE STUDY OF CENTRAL AND EASTERN EUROPEAN MARKETS

    Directory of Open Access Journals (Sweden)

    Arturas Jurgelevicius

    2014-08-01

    Full Text Available Purpose – to analyze economic “shock” impact on Central and Eastern European countries’ sustainable economic development. Design/methodology/approach – Statistical data has been analyzed and sustainability theory has been applied to Central and Eastern European countries during economic downturn 2008 – 2012. Findings – Findings suggest that commonly used macroeconomic indicators do not reflect stable social economic development. Moreover, usually high economic growth during economic cycle is determent by high level of recession in economic cycle. This finding suggests that investors and other financial decision makers should take into account the sustainability of economic performance before taking financial decisions so that during financial economic recession could mitigate risks and loses in Central and Eastern European markets. Also the impact of intangible capital on countries’ sustainability was identified. There is a relationship between social and economic sustainability and intangible capital. Research limitations/implications – Research is applied in the theory of sustainable economic development. The economic and social performance is being considered in the research. Although the concept of sustainable economic development is quite controversial in scientific literature, the aspects of economic and social indicators are taken into account not considering much of ecological aspects of sustainable development. The research logic is based on sustainability as constant and smooth social and economic development than the development through natural limitations and human being needs combinations. Practical implications – Practical implications might be broad enough. Identification of reaction of economies to natural economic “shock” during economic downturn might be applied for governments decision makers, investors, banks, exporters to evaluate future economic financial decisions in Eastern and Central European

  7. Reconciling Post-Recession Strategies for Economic Growth with Higher Education's Current Fiscal Challenges: Part 1, New Realities

    Science.gov (United States)

    Observatory on Borderless Higher Education, 2010

    2010-01-01

    This week, the Organisation for Economic Cooperation and Development (OECD) is publishing the findings of new research undertaken to explore the relationship between educational spending and economic growth. The report, "The High Cost of Low Educational Performance--The Long-Run Economic Impact of Improving PISA Outcomes", employs recent…

  8. 关于当前的越南经济形势%On Current Economic Situation in Vietnam

    Institute of Scientific and Technical Information of China (English)

    林明华

    2005-01-01

    From the years 2001 to 2003, the three consecutive years' economic growth in Vietnam failed to achieve the expected index, which has brought heavy pressure to the economic operation between 2004 and 2005. The gap between reality and the eagerness of getting rid of the backwardness has given birth to a sense of anxiety to some people in the economic circles. In 2004, the economy in Vietnam rose to a new level in spite of pressure and anxiety; however, to improve the quality of its economic growth as well as its competitiveness has become urgent, and to accomplish the economic development plan of 2005 is a heavy task.

  9. External costs of emissions to air from current maritime transport - economic consequences; Miljoekostnader foer sjoefartens avgasutslaepp - ekonomiska konsekvenser

    Energy Technology Data Exchange (ETDEWEB)

    Johansson, Joakim; Farelius, Johanna; Hoeoek, Charlotta (WSP Analys and Strategi, Stockholm (Sweden))

    2010-06-15

    An important feature of Swedish national transport policy is to base the usage of fees, charges and subsidies on the principle of economic efficiency. The implication is that marginal cost pricing should be applied, internalizing the external costs of transport. Examples of external costs of transport are the damage costs caused by emissions of pollutants to air. These costs could be internalized by imposing fees that equal the marginal external costs. A polluter-pay principle should be applied, implying that the costs to society should be borne (paid) by the ones causing them. Earlier studies indicate that heavy ships (maritime transport) typically bear the marginal costs to society caused by transports carried out in Swedish territorial water - by paying differentiated fairway dues. However, these ships typically carry out the majority of their transports outside of Swedish territorial water, implying that the ship owners normally do not pay the full marginal external costs if a wider geographic area is considered. The purpose of this study is to show to what extent the costs of transports would be affected if fees and charges were used to internalize the external costs of emissions of pollutants to air in wider geographic contexts. The study has been carried out by calculating/estimating the following: 1. Damage costs caused by emissions of pollutants to air by current maritime transports to/from Swedish ports. 2. Effects on costs of transports by internalizing the external damage costs 3. Effects on costs of transports by undertaking cost efficient emission reducing measures

  10. Considerations on Preventing and Combating the Illegal Trafficking of Minors under the Current Economic and Financial Crisis

    Directory of Open Access Journals (Sweden)

    Tache BOCĂNIALĂ

    2011-08-01

    Full Text Available This work highlights the economic crisis problem that affects most states of the world, the crime problem that the society is facing, namely the human trafficking and in particular the child trafficking. This theme is particularly important in the context of amplifying the organized crime, it increasingly concerns the modern society and implicitly the specialists engaged in research of the phenomenon and for preventing and combating it. This paper is an analysis of the current financial crisis impact on human trafficking and the level of response that the society is ready to give through the regulatory framework, specialized institutions and their staff. The analysis concluded that Romania, as a result of its alignment with the acquis communautaire, is now a modern legislative and institutional system in preventing and combating trafficking in human beings. However, there is a need for legislative amendments in order to have a greater effectiveness in prevention and control measures, which represents a milestone in addressing other related issues. This study is also a warning for specialists to deepen their research for improving the prevention and combating trafficking in human beings which tends to grow.

  11. Out-patient management and non-attendance in the current economic climate. How best to manage our resources?

    LENUS (Irish Health Repository)

    Hennessy, D

    2010-03-01

    Outpatient non-attendance is a considerable source of inefficiency in the health service, wasting time, resources and potentially lengthening waiting lists, Given the current economic climate, methods need to be employed to reduce non-attendance. The aim was to analyse outpatient non-attendance and determine what factors influence attendance. A prospective audit over a two-month period to a tertiary-referral Urological service was performed to determine the clinical and demographic profile of non-attendees. Of 737 appointments, 148 (20%) patients did not attend (DNA). A benign urological condition was evident in 116 cases (78%). This group of patients also accounted for the majority of new patients not attending 40\\/47, returning patients not attending 101\\/148 and the majority of patients who missed multiple appointments 43\\/49. Patients with benign conditions make up the majority of clinic non-attendance. Consideration may be given to discharging such patients back to their general practitioner after one unexplained non-attendance until other alternatives of follow up are available.

  12. Who Will Stimulate the Economic Recovery: A Ghost Story

    Science.gov (United States)

    Niederjohn, M. Scott; Schug, Mark C.; Wood, William C.

    2010-01-01

    The U.S. economy took a historic nosedive in 2007-2010. It was the worst downturn since the Great Depression of the 1930s. However, evidence is emerging which suggests the country is in the midst of an economic recovery. In February 2010, the U.S. Commerce Department reported that GDP rose at a 5.9 percent annual rate in October through December…

  13. Economic Engines

    Science.gov (United States)

    Dziczek, Kristin

    2012-01-01

    The U.S. automotive industry has always been a cyclical business, but its near-collapse in 2008-09 and the subsequent bankruptcy of two of the three largest domestic automakers was more than a cyclical downturn. As light vehicle sales and production slowly recover, the industry has started to hire again, though with caution. In an industry known…

  14. The effect of current global economic crisis on Danish companies and what we can learn from it

    DEFF Research Database (Denmark)

    Sørensen, Olav Jull; Turcan, Romeo V.

    economic crisis. Two theoretical lenses are identified to guide the understanding of entrepreneurs’ behaviours under crisis decision-making settings: turnaround strategy, and escalating commitment. To explore entrepreneurs’ behaviours under crisis decision-making settings, entrepreneurs of SMEs were...

  15. Integration Process Of Slovakia Into The European Monetary Union In Perspective Of Selected Macro-Economic Theories During The Current Economic Crisis

    Directory of Open Access Journals (Sweden)

    Rastislav Kotuliè

    2012-09-01

    Full Text Available Each national economy anticipates mostly positive effects after joining the Euro. Positive expectations are logical, since every new country admitted to the EU pledges to join the Monetary Union  and till the admission  has the status of a member state with a temporal exemption for the joining of the Euro. According to the macro­economic results, there is usually  an illusion  present that the membership  in  the Eurozone itself absorbs the progress of the global recession. On  the other hand, in  favor  of  the membership  in  the Eurozone speaks the fact that all countries admitted had to rigidly fulfill the Maastricht Convergence Criteria leading to the medium­term guarantee of  a healthy and long­term sustainable economy.

  16. Economic benefits of high value medicinal plants to Pakistani communities: an analysis of current practice and potential.

    Science.gov (United States)

    Sher, Hassan; Aldosari, Ali; Ali, Ahmad; de Boer, Hugo J

    2014-10-10

    Poverty is pervasive in the Swat Valley, Pakistan. Most of the people survive by farming small landholdings. Many earn additional income by collecting and selling plant material for use in herbal medicine. This material is collected from wild populations but the people involved have little appreciation of the potential value of the plant material they collect and the long term impact their collecting has on local plant populations. In 2012, existing practices in collecting and trading high value minor crops from Swat District, Pakistan, were analyzed. The focus of the study was on the collection pattern of medicinal plants as an economic activity within Swat District and the likely destinations of these products in national or international markets. Local collectors/farmers and dealers were surveyed about their collection efforts, quantities collected, prices received, and resulting incomes. Herbal markets in major cities of Pakistan were surveyed for current market trends, domestic sources of supply, imports and exports of herbal material, price patterns, and market product-quality requirements. It was observed that wild collection is almost the only source of medicinal plant raw material in the country, with virtually no cultivation. Gathering is mostly done by women and children of nomadic Middle Hill tribes who earn supplementary income through this activity, with the plants then brought into the market by collectors who are usually local farmers. The individuals involved in gathering and collecting are largely untrained regarding the pre-harvest and post-harvest treatment of collected material. Most of the collected material is sold to local middlemen. After that, the trade pattern is complex and heterogeneous, involving many players. Pakistan exports of high value plants generate over US$10.5 million annually in 2012, with a substantial percentage of the supply coming from Swat District, but its market share has been declining. Reasons for the decline were

  17. Dynamics of Economic Well-Being: Movements in the U.S. Income Distribution, 1996-1999. Household Economics Studies. Current Population Reports. P70-95

    Science.gov (United States)

    Hisnanick, John J.; Walker, Katherine G.

    2004-01-01

    As measured by the most recent income data available from the Current Population Survey (CPS), between 1996 and 2002 median household income increased 4.7 percent more than inflation. That statistic compares a "snapshot" of households in 1996 with another "snapshot" in 2002. This report uses the most recent longitudinal data available from the…

  18. Economic Opening of the Hermit Kingdom: Current Status and Future Tasks of the New SEZs in North Korea

    Directory of Open Access Journals (Sweden)

    Jong-Woon Lee

    2004-12-01

    Full Text Available Establishing new SEZs, along with improving foreign relationships, is treated as the most important policy measure for opening the North Korean economy. Recently, North Korea has shown its interest in promoting two new SEZs, the Gaeseong industrial park and the Shinuiju special administrative region. Thanks to their locational merits, Gaeseong and Shinuiju have the potential to develop into thriving SEZs through subregional economic cooperation with bordering areas. Although the path toward success for North Korea's new SEZs is full of hurdles, it would result in a major boost to the country's economic rehabilitation and create a spillover effect for the rest of North Korea. In this context, this article examines the issues regarding North Korea's new special economic zones. It presents the recent progress and institutional arrangements of the Shinuiju SEZ and Gaeseong industrial park, while also exploring their potential to facilitate North Korea's economic rehabilitation and inter-Korean cooperation. This article also endeavors to address major problems that North Korea needs to resolve in order to activate its new SEZs.

  19. Economics and resources analysis of the potential use of reprocessing options by the current Spanish nuclear reactor park

    Energy Technology Data Exchange (ETDEWEB)

    Alvarez-Velarde, F.; Merino Rodriguez, I.; Gonzalez-Romero, E.

    2014-07-01

    Reprocessing of irradiated nuclear fuel serves multiple purposes, from Pu separation and recovery for MOX fuel fabrication to reduction of high level waste volume, and is nowadays being implemented in several countries like France, Japan, Russia or United Kingdom. This work is aimed at exploring the possibility (in resources and economic terms) of implementing reprocessing for MOX fabrication in Spain. (Author)

  20. Is dabigatran considered a cost-effective alternative to warfarin treatment: a review of current economic evaluations worldwide.

    Science.gov (United States)

    Hesselbjerg, Louise Justesen; Pedersen, Heidi Sjoelund; Asmussen, Mikael Bergholdt; Petersen, Karin Dam

    2013-07-01

    Dabigatran was the first of a new generation of anticoagulation drugs for the indication of non-valvular atrial fibrillation (AF) to be approved. Evidence show that dabigatran 150 mg twice daily significantly reduces the risk of stroke and systemic embolism (RR = 0.65; p economic evaluations of these alternatives for healthcare professionals to include these findings in their decision-making. A systematic literature search identified 43 economic evaluations, of which 10 were included and evaluated according to the Consensus Health Economic Criteria list (CHEC-list) and the Oxford model. Six economic evaluations concluded that dabigatran was a cost-effective alternative to warfarin. One evaluation concluded the same except when quality in warfarin treatment was excellent, with a mean time in therapeutic range (TTR) > 73%. Three evaluations concluded that dabigatran was a cost-effective alternative to warfarin in patient sub-groups; TTR ≤ 64%, congestive heart failure, hypertension, age ≥ 75, diabetes mellitus, prior stroke or transient ischemic attack (CHADS2 score) ≥3, or a CHADS2 score = 2 unless international normalized ratio (INR) control was excellent, and with high risk of stroke or in a low-quality warfarin treatment. Dabigatran 110 mg twice daily was in general dominated by dabigatran 150 mg twice daily. The evaluations were not fully homogeneous, as some did not include loss of productivity, costs of dyspepsia, and annual costs of dabigatran patient management. In the majority of the economic evaluations, dabigatran is a cost-effective alternative to warfarin treatment. In some evaluations dabigatran is only cost-effective in sub-groups, such as patients with a low TTR-value in warfarin treatment and a CHADS2 score ≥2.

  1. Report: the current situation of sanitary landfills in Brazil and the importance of the application of economic models.

    Science.gov (United States)

    Neto, Raul Oliveira; Petter, Carlos Otávio; Cortina, José Luis

    2009-12-01

    We present the development stage of the sanitary landfills in Brazil in the context of urban solid residue management, demonstrating the necessity and importance of the employment of economic models. In the article, a cost estimate model is proposed as the basis for studies to be applied by sector management, including the city council, companies, consultants and engineers, contributing to the choice of new areas, public bids, municipal consortia and private public partnerships.

  2. Ranking current and prospective NO2 pollution mitigation strategies: An environmental and economic modelling investigation in Oxford Street, London.

    Science.gov (United States)

    Jeanjean, A P R; Gallagher, J; Monks, P S; Leigh, R J

    2017-03-21

    Air pollution continues to be a problem in the urban environment. A range of different pollutant mitigation strategies that promote dispersion and deposition exist, but there is little evidence with respect to their comparative performance from both an environmental and economic perspective. This paper focuses on examining different NO2 mitigation strategies such as trees, buildings facades coated with photocatalytic paint and solid barriers in Oxford Street in London. The case study findings will support ranking the environmental and economic impacts of these different strategies to improve personal exposure conditions on the footpath and on the road in a real urban street canyon. CFD simulations of airflow and NO2 dispersion in Oxford Street in London were undertaken using the OpenFOAM software platform with the k-ε model, taking into account local prevailing wind conditions. Trees are shown to be the most cost-effective strategy, with a small reduction in NO2 concentrations of up to 0.7% on the road. However, solid barriers with and without the application of photocatalytic paint and an innovative material (20 times more expensive than trees) can improve air quality on the footpaths more substantially, up to 7.4%, yet this has a significant detrimental impact on NO2 concentrations (≤23.8%) on the road. Photocatalytic paint on building surfaces presented a minimal environmental reductions (1.2%) and economic (>100 times more expensive than trees) mitigation strategy. The findings recognised the differences between footpath and road concentrations occurred and that a focused examination of three pollution hotspots can provide more cost effective pollution mitigation. This study considers how a number of pollutant mitigation measures can be applied in a single street canyon and demonstrates the strengths and weaknesses of these strategies from economic and environmental perspectives. Further research is required to extrapolate the findings presented here to

  3. Report: the current situation of sanitary landfills in Brazil and the importance of the application of economic models

    OpenAIRE

    Oliveira Neto, Raúl; Otávio Petter, Carlos; Cortina Pallás, José Luís

    2009-01-01

    We present the development stage of the sanitary landfills in Brazil in the context of urban solid residue management, demonstrating the necessity and importance of the employment of economic models. In the article, a cost estimate model is proposed as the basis for studies to be applied by sector management, including the city council, companies, consultants and engineers, contributing to the choice of new areas, public bids, municipal consortia and private public partnerships. Peer Re...

  4. STARLITE figures of merit for tokamak current drive -- Economic analysis of pulsed and steady state power plants with various engineering and physics performance parameters

    Energy Technology Data Exchange (ETDEWEB)

    Ehst, D.A. [Argonne National Lab., IL (United States); Jardin, S.; Kessel, C. [Princeton Univ., NJ (United States). Plasma Physics Lab.

    1995-10-01

    The physics efficiency of current drive ({gamma}{sub B} {proportional_to} n{sub e} I{sub 0} R{sub 0}/P{sub CD}), including the bootstrap effect, needs to exceed certain goals in order to provide economical steady state operation compared to pulsed power plants. The goal for {gamma}{sub B} depends not only on engineering performance of the current drive system, but also on normalized beta and the effective safety factor of the achievable MHD equilibrium.

  5. Starlite figures of merit for tokamak current drive - economic analysis of pulsed and steady state power plants with various engineering and physics performance parameters

    Energy Technology Data Exchange (ETDEWEB)

    Ehst, D.A.

    1995-09-01

    The physics efficiency of current drive ({gamma}{sub B} {proportional_to} n{sub e} I{sub o} R{sub o}/P{sub CD}), including the bootstrap effect, needs to exceed certain goals in order to provide economical steady state operation compared to pulsed power plants. The goal for {gamma}{sub B} depends not only on engineering performance of the current drive system, but also on normalized beta and the effective safety factor of the achievable MHD equilibrium.

  6. Economic Darwinism

    DEFF Research Database (Denmark)

    Sloth, Birgitte; Whitta-Jacobsen, Hans Jørgen

    We define an evolutionary process of “economic Darwinism” for playing-the-field, symmetric games. The process captures two forces. One is “economic selection”: if current behavior leads to payoff differences, behavior yielding lowest payoff has strictly positive probability of being replaced...... in the literature. Using this result, we demonstrate that generally under positive (negative) externalities, economic Darwinism implies even more under- (over-) activity than does Nash equilibrium...

  7. Economic Darwinism

    DEFF Research Database (Denmark)

    Sloth, B.; Whitta-Jacobsen, Hans Jørgen

    2011-01-01

    We define an evolutionary process of "economic Darwinism" for playing the field, symmetric games. The process captures two forces. One is "economic selection": if current behavior leads to payoff differences, behavior yielding lowest payoff has strictly positive probability of being replaced...... in the literature. Using this result, we demonstrate that generally under positive (negative) externalities, economic Darwinism implies even more under- (over-)activity than does Nash equilibrium....

  8. Challenges of Personal Finance Management under Instable Economic

    Directory of Open Access Journals (Sweden)

    Kamilė Taujanskaitė

    2011-03-01

    Full Text Available This article deals with personal finance and personal finance management problems as well as with the necessity of systematic attitude during the economic downturn. Taking into account the downfall of the financial markets, the motivation of individuals’ financial behavior is investigated. The retrospective analysis of the most popular investing instruments and comparison of results is presented in the paper, followed by the suggestion of an alternative investment option, covering the profitability and safety ratio that is independent to the economic cycle. Research findings regarding theoretical and practical personal finance management are followed by conclusions. Article in Lithuanian

  9. CURRENT TRENDS OF THE REGIONAL DEVELOPMENT POLICY IN THE EUROPEAN UNION. THE DEVELOPMENT OF COMPETITIVE ECONOMIC AGGLOMERATIONS OF CLUSTER TYPE

    Directory of Open Access Journals (Sweden)

    LAURA CISMAŞ

    2010-01-01

    Full Text Available The study of economic agents’ behaviour, whose nowadays tendency is togroup themselves in space as clusters, has an important place in the field of localizing industrialactivities. This is due to domestic scale economies, known as agglomerations economies.According to Edgar M. Hoover (Hoover, 1948, domestic scale economies are specific tocompanies; the economies of localizing - to a certain branch, whose companies form clusters incertain geographical arias, and the urbanization economies are specific to cities, where thereare clusters of companies from different branches. The specialty literature regarding localeconomic development, based on the idea of cluster starts from well-known economic theories,such as: agglomeration theory (Alfred Marshall, the theory of spatial localizing of industrialunits (Alfred Weber, the theory of interdependence of locations (Harold Hotelling, the diamondtheory (Michael Porter, the theory of entrepreneurship (Joseph Schumpeter, the theory ofgeographical concentration. Basically, the common point which links them are the conceptswhich occur in these theories, such as: industrial district, industrial agglomeration, spatialinterdependence, concepts which lie at the basis of the cluster idea. Clusters represent animportant instrument for promoting industrial development, innovation, competitiveness andeconomic growth. If, at the beginning, the effort to develop clusters belonged to private personsand companies, nowadays, the actors involved in their development are the governments andpublic institutions of national or regional level.The objective established within the Lisbon Strategy (2000, to make the EuropeanUnion “the most competitive and dynamic knowledge-based economy”, is tightly linked to thenew approaches of the European economic policy, to competitiveness. One of the policies isfocused on developing at the European Union level clusters in the high competitiveness fields. with an innovative character

  10. The current economic problems of co-ordination Analysis%目前经济问题统筹试析

    Institute of Scientific and Technical Information of China (English)

    田富强

    2013-01-01

    Reasonable disposal of hot economic problems requires strategic planning, in inflationary pressures, the timely start of the income doubling plan, and popularity of social security, in order to stabilize prices and reduce the pressure of RMB appreciation.%  目前热点经济问题的合理处置需要战略筹划,在通胀压力下,适时启动收入倍增计划,并普及社保,以平抑房价,减轻人民币升值压力。

  11. REDISCOVERING MISES-HAYEK MONETARY AND BUSINESS CYCLE THEORY IN LIGHT OF THE CURRENT CRISIS: CREDIT EXPANSION AS A SOURCE OF ECONOMIC BOOM AND BUST

    Directory of Open Access Journals (Sweden)

    Marcin Mrowiec

    2013-10-01

    Full Text Available The article starts with a brief description of Mises’ monetary theory, with emphasis on the Misesian differentiation of two kinds of credit: commodity and circulation credit, and with the description of the impact of circulation credit expansion on the business cycle. Further on it is described how Mises’ insights constituted the kernel of Austrian Business Cycle Theory, and how the same observations on the nature of credit constituted the kernel of the Chicago Plan (though Mises’ views on the nature of credit led him to different conculsions than it led the authors of the Chicago Plan, and how this plan is being “rediscovered” now. The following sections deal with observations of one of the preeminent current macroeconomic researches, Mr. Claudio Borio, on the elasticity of credit as the source of the current crisis, and on the importance of the financial cycle in analysing the current economic crisis. The author of this text demonstrates that Austrian Business Cycle Theory gave the same answer regarding the sources of economic crises that now modern macroeconomic theory seems to be approaching, and that the postulates for successful financial cycle modeling are already included in the ABCT. Finally, some observations on the current crisis, as well as proposals of avenues of further research are proposed.

  12. What current literature tells us about sustainable diets: emerging research linking dietary patterns, environmental sustainability, and economics.

    Science.gov (United States)

    Auestad, Nancy; Fulgoni, Victor L

    2015-01-01

    The concept of sustainable diets, although not new, is gaining increased attention across the globe, especially in relation to projected population growth and growing concerns about climate change. As defined by the FAO (Proceedings of the International Scientific Symposium, Biodiversity and Sustainable Diets 2010; FAO 2012), "Sustainable diets are those diets with low environmental impacts which contribute to food and nutrition security and to healthy life for present and future generations." Consistent and credible science that brings together agriculture, food systems, nutrition, public health, environment, economics, culture, and trade is needed to identify synergies and trade-offs and to inform guidance on vital elements of healthy, sustainable diets. The aim of this article is to review the emerging research on environmental and related economic impacts of dietary patterns, including habitual eating patterns, nutritionally balanced diets, and a variety of different dietary scenarios. Approaches to research designs, methodologies, and data sources are compared and contrasted to identify research gaps and future research needs. To date, it is difficult to assimilate all of the disparate approaches, and more concerted efforts for multidisciplinary studies are needed.

  13. The current state of the economics relations of South Korean and Latin America: new paradigm and challenges

    Directory of Open Access Journals (Sweden)

    Won-Ho Kim

    2013-12-01

    Full Text Available The economic relationship between South Korea and Latin America has accelerated since the 1990s, and deepened in the 21st century. While this relationship is characterized by ‘inter-industrial trade’ because of their complementary industrial structures, South Korea has the largest share of its exports to the region out its total exports, among the countries of the Asia-Pacific. Furthermore, the rapid expansion of Korean-Latin American trade in the 21st century is owed to the sustained growth of Latin American economies with consumer demand, infrastructure, and inputs and spare parts, to the free trade agreements between South Korea and its Latin American trade partners, Korean direct investments and development cooperation programs. These new dimensions of relationships are part of a new paradigm. However, since in the Latin American region three different development strategies exist, it is required on the part of the Korean side a more sophisticated policy toward the region. The future of Korean- Latin American economic relations depends on better mutual understanding of the respective interests, which are based on recognition of different development experiences.

  14. An assessment of the EU-Chinese bilateral relationship under the current economic and geostrategic context. Romania's position

    Directory of Open Access Journals (Sweden)

    Iulia Monica Oehler-Şincai

    2016-10-01

    Full Text Available China stands out as a rising economic power. Its leap in international hierarchies is remarkable both in terms of GDP, international trade and investment flows and qualitative indicators. Based on these developments, China is increasingly assertive, both regionally and internationally. At the global level, China's assertiveness is revealed by the largest project ever launched by a single country: One Belt, One Road (OBOR. It represents "a strategic priority" of the Chinese leaders, motivated by economic and geopolitical factors, internal and external determinants. This initiative includes cooperation with over 70 countries and international organizations from Asia to Europe and Africa. At the same time, it involves growing coordination among the countries in terms of policies, increasing financial integration, promoting trade and investment, fostering connectivity through infrastructure projects, and encouraging the movement of people and cultural exchanges. This initiative, as well as the platform for cooperation with 16 countries in Central and Eastern Europe (16+1 have opened on the one hand new ways of enhancing the bilateral EU-China, but on the other hand an unjustified competition between EU countries for financial resources Chinese, although the EU-China strategic partnership, OBOR and 16+1 can benefit all countries involved, given their competitive advantages. Romania, as a member country of the EU and participant at the platform 16+1 should take into account both such new opportunities and the need for an active cooperation with all countries.

  15. Geroscience: Addressing the mismatch between its exciting research opportunities, its economic imperative and its current funding crisis.

    Science.gov (United States)

    Martin, George M

    2016-11-19

    There is at present a huge disconnect between levels of funding for basic research on fundamental mechanisms of biological aging and, given demographic projections, the anticipated enormous social and economic impacts of a litany of chronic diseases for which aging is by far the major risk factor: One valuable approach, recently instigated by Felipe Sierra & colleagues at the US National Institute on Aging, is the development of a Geroscience Interest Group among virtually all of the NIH institutes. A complementary approach would be to seek major escalations of private funding. The American Federation for Aging Research, the Paul Glenn Foundation and the Ellison Medical Foundation pioneered efforts by the private sector to provide substantial supplements to public sources of funding. It is time for our community to organize efforts towards the enhancements of such crucial contributions, especially in support of the emerging generation of young investigators, many of whom are leaving our ranks to seek alternative employment. To do so, we must provide potential donors with strong economic, humanitarian and scientific rationales. An initial approach to such efforts is briefly outlined in this manuscript as a basis for wider discussions within our community.

  16. Economic Theory, Economic Reality And Economic Policy

    Directory of Open Access Journals (Sweden)

    Dmitry Evgenievich Sorokin

    2015-03-01

    Full Text Available This paper analyzes the opposition between the «liberals» and «statists» in the Russian political and economic thought. It demonstrates that the economic liberalization is an absolute prerequisite for the transition to sustainable socio-economic development. Such development must rely on investment activities of the state, which in the current circumstances is a necessary but not sufficient measure for reversing the negative trends. The negative developments can be prevented only through implementation, along with the institutional changes in the economic area that form a strata of economically independent entrepreneurs-innovators, of no less profound transformation in political institutions aimed at democratization of public life

  17. A CAUSAL RELATIONSHIP BETWEEN OIL PRICES CURRENT ACCOUNT DEFICIT, AND ECONOMIC GROWTH: AN EMPIRICAL ANALYSIS FROM FRAGILE FIVE COUNTRIES

    Directory of Open Access Journals (Sweden)

    Yuksel BAYRAKTAR

    2016-09-01

    Full Text Available The main objective of this study is to determine the impact of oil prices in the Fragile-Five countries (Brazil, Indonesia, South Africa, India, and Turkey on current account deficit and growth. In this study, the method of panel data analysis was used and the period of 1980-2014 was examined. The Levin, Lin, & Chu panel; Im, Pesaran, and Shin W-stat; ADF-Fisher Chi-square; and PP-Fisher Chi-square unit root tests were used to determine the stability of data before panel data analysis. The results of the study can be expressed as follows. i There was a statistically meaningful relationship in oil prices with both GDP and the current account deficit. While there was a positive correlation between oil prices and GDP, there was a negative relationship between oil prices and current account deficit. ii No long-term relationship was found between GDP and oil prices; there was a long-term relationship between current account deficit and oil prices as determined by the cointegration tests. iii Causality test also showed the presence of a bidirectional relationship between GDP and oil prices.  Causality between oil prices and the current account deficit was one-way from the variable of oil price to the variable of current account deficit.

  18. How advocates use health economic data and projections: the Irish experience.

    LENUS (Irish Health Repository)

    Murray, Eugene

    2009-07-01

    Approximately 30,000 people die in Ireland each year. Currently over 6000 people access specialist palliative care services annually, a figure that is projected to rise to 12,500 by 2016. In 2006, the Irish Hospice Foundation entered a joint advocacy alliance with the Irish Cancer Society and the Irish Association for Palliative Care. By speaking with one voice and using quality data, these three national voluntary groups were able to influence government and social partners to address clearly identified regional inequities in the provision of palliative care services. Over the past three years, there has been significant public investment in palliative care services, culminating in the recent publication by the national health agency of a five-year plan for a comprehensive national palliative care service. However, the sudden economic downturn in 2008 and the severe deterioration of public finances threaten the implementation of the plan. New services can only be developed if there is strong evidence to illustrate that they are cost-effective in delivering patient care. Having reviewed the international evidence, the joint advocacy group has used this economic evidence to strengthen the case that the development of palliative care services can actually save money in health budgets. The campaign mounted by the joint advocacy group was greatly facilitated by the existence of good data and an agreed evidence-based policy on what constitutes a comprehensive service.

  19. An Appraisal on the Earlier Euro Adoption by the New Member States in the Frame of the Current Global Economic and Financial Crisis

    Directory of Open Access Journals (Sweden)

    Floarea Iordache

    2010-06-01

    Full Text Available The pathway of the new member states towards the euro area was stopped, but not modified by the current world economic crisis. Their inflation declined but the fiscal status suffered. On the verge of thefinancial crisis, the European Central Bank overruled the Central and Eastern European member states’ intentions for an earlier adoption of the euro, requiring compliance with the Maastricht criteria. The objective of this paper is to analyze the main proposed solutions and to draw attention on the most suitable ones in keeping with the particular features of these countries. Our conclusion is that fast results on the euro adoption will definitely depend on the fiscal consolidation, the soundness of global economic rehabilitation, the capital availability, and the domestic policies. The nature of the approached problems and the authors’ experience recommend this study, both for researchers and practitioners.

  20. Integration Processes in the Global Economy: Current State and Prospects. The Cases of the European Union, ASEAN Economic Community, and NAFTA

    Directory of Open Access Journals (Sweden)

    Witkowska Janina

    2016-12-01

    Full Text Available The aim of the paper is to determine the current state of the integration processes in the global economy and prognosticate on the foreseeable changes in this phenomenon in the upcoming. Will they be divergence from or continuity with the past trends in the global economy in this field? The article examines three regional integration groupings, i.e. the European Union, ASEAN Economic Community, and NAFTA. The analysis makes it possible to conclude that all of these groupings/organizations are encountering some problems. In the case of the EU, these are mainly: the two – speed integration process as far as a monetary union is concerned; serious negative consequences of the global financial crisis for the socio-economic cohesion of the EU-28; as well as a worsening position in the world trade in goods and services and in the total global gross capital inflows. The problems of the ASEAN Economic Community seem to be connected with some discrepancies between the political will in favour of deepening integration among member states and the real economic difficulties involved in attaining higher stages of integration among a group of countries extremely differentiated in their economic development. NAFTA’s problems also lie in the asymmetrical development between member states, as well as in the lessening importance of the integration within the organization for the member states, which results from the putting into effect numerous other FTAs. The growing openness of all the analyzed integration groupings, being in line with the globalization process, seems to be a future characteristic of integration processes in the global economy.

  1. Economic evaluations of pharmacogenetic approaches in infectious diseases: a review of current approaches and evaluation of critical aspects affecting their quality

    Directory of Open Access Journals (Sweden)

    Paolo Meoni

    2013-11-01

    Full Text Available Pharmacogenetics holds great potential for improving the effectiveness of treatment modalities in infectious diseases by taking into account the genetic determinants of both the host and infectious agents’ individuality. Better utilization of resources and improved therapeutic efficiency are the expected outcomes of personalized medicine using pharmacogenetic and pharmacogenomics information made available by technological advances. However, there has been growing concern in the clinical community regarding the evaluation of the true benefits of these approaches. This perception is partly due to the limited number and perceived poor quality of economic evaluations in this field, and initiatives aimed at harmonizing and communicating strategies improving the quality of these studies and their acceptance by the clinical community are greatly needed. This paper reviews current literature of economic evaluations of pharmacogenetics interventions guiding pharmacotherapy in infectious diseases. PubMed and the NHS Centre for Reviews and Dissemination databases were searched using a combination of five broad research terms related to pharmacogenetic approaches, and papers relative to economic evaluations of pharmacogenetic interventions in infectious diseases retained for further analysis. Using these criteria, a total of 14 papers were included in this review. The area of economic evaluation of pharmacogenetic interventions in infectious diseases remains understudied and would benefit from greater harmonization. The main weaknesses of evaluations reviewed in this paper seem to be represented by poor evidence of pharmacogenetic marker validation, inconsistencies in the selection of costs and utility included in the economic models and the choice of sensitivity analysis. All these factors limit the overall transparency of the studies, greater acceptance of their results and applicability to diverse and possibly resourcelimited environments where these

  2. Life Insurance Contribution, Insurance Development and Economic Growth in China

    Directory of Open Access Journals (Sweden)

    Wang Ying

    2017-07-01

    Full Text Available Under L-type economy, remodelling the growth power in the medium and long term is essential. The insurance industry during the 13th Five-year Plan period has been given a heavy expectation on promoting economic quality and upgrading economic efficiency, so it will try to accelerate its innovation and development process which serves national needs, market demand and people's requirements. Referring to the previous researches of Solow and Zhang and measuring Capital Stock and Total Factor Productivity independently, the paper analyses the inherent correlation between insurance (including life insurance and non-life insurance and economic growth, reveals the contribution law of the insurance development in economic growth in the short and long term from both economic scale and quality respectively. It also shows enlightenments on policy decision for insurance industry, thus helps economic stability under the downturn periods.

  3. Economic Darwinism

    DEFF Research Database (Denmark)

    Sloth, Birgitte; Whitta-Jacobsen, Hans Jørgen

    We define an evolutionary process of “economic Darwinism” for playing-the-field, symmetric games. The process captures two forces. One is “economic selection”: if current behavior leads to payoff differences, behavior yielding lowest payoff has strictly positive probability of being replaced by a...... in the literature. Using this result, we demonstrate that generally under positive (negative) externalities, economic Darwinism implies even more under- (over-) activity than does Nash equilibrium......We define an evolutionary process of “economic Darwinism” for playing-the-field, symmetric games. The process captures two forces. One is “economic selection”: if current behavior leads to payoff differences, behavior yielding lowest payoff has strictly positive probability of being replaced...

  4. Economic crisis: impact on the health of citizens and consequences on health systems

    Directory of Open Access Journals (Sweden)

    Karaiskou A.

    2012-04-01

    Full Text Available The current status of the economy, for which the term financial crisis of 2008 was used, began from the US and evolved due to the globalization crisis internationally to a composite of the economy with the result today to talk more about economic downturn or crisis for many low-and middle-income countries. Employment is one of the main areas affected during an economic crisis and consequently the unemployment rate and employment insecurity rise sharply. The last 20 years in all relevant studies have shown that unemployment and insecurity are leading to loss of prosperity and poverty and have dramatic though not absolutely clarified effects on health. The majority of them indicate the proportional relationship between long-term unemployment with an increased risk of premature mortality and morbidity from cardiovascular diseases and especially mental disorders that prevent a new round of problems such as suicides and violent deaths (fatalities, crimes, deaths from overdose of alcohol and drugs. WHO warns that the negative effects of the crisis will be much, for developing countries with reduced financial support, for developed countries which have requested emergency aid from the IMF but also for sensitive population groups within the powerful economic countries while their restriction appears to be based on political and economic support. The economic crisis also creates problems in the finance of health systems, while at the same time bear the function of public health services due to increased demand. The need for proper allocation of scarce financial resources oriented towards the principles of social justice and solidarity becomes even more urgent today.

  5. Managing the downturn

    Science.gov (United States)

    Urs Buehlmann; Matt Bumgardner; Al Schuler; Jeff Crissey

    2008-01-01

    After years of seemingly unrestricted growth, the housing market has turned and is deteriorating fast. Housing construction and sales have slowed dramatically, foreclosures have skyrocketed and mortgage rates have increased modestly despite the Federal Reserve's easing of monetary policy. Given the increasingly high dependency of the wood products industry on...

  6. Downturn Risks Loom Large

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    @@ Is the world heading for a better year after hitting rock bottom in 2009? Not necessarily.Zhu Min,the outgoing Vice Governor of People's Bank of China,said the world economy's future looks bleak at a financial forum held in Beijing on April11.Zhu is expected to resume his position as a special advisor at the International Monetary Fund(IMF)in May 2010.

  7. North Korea's Trade Expansion with Western Countries in the Early 1970's and Its Implications on North Korea's Current Attempts at Economic Rehabilitation

    Directory of Open Access Journals (Sweden)

    Jong-Woon Lee

    2002-12-01

    Full Text Available The purpose of this study is to provide the analytical background of North Korea's trade expansion with Western countries in the early 1970's and examine in depth the resulting impacts on the North Korean economy. Indeed, this study explores the implications of the mechanism and consequences of North Korea's increased trade with Western countries in the 1970's for the current situation of the country's trade expansion based on the rapid increase in imports and large trade deficit. As a result of researching North Korea's economic trajectory during the 1970's within this focus, this study asserts that, despite some positive aspects, North Korea's rapid increase of foreign trade in recent years possesses the immanent possibility of generating serious obstacles to the process of economic recovery. In this vein, this paper intends to explore some policy options North Korea should choose in order to create conditions conducive to economic rehabilitation and prevent the recurrence of similar situation as experienced in the 1970's.

  8. Technical review and evaluation of the economics of water desalination: Current and future challenges for better water supply sustainability

    KAUST Repository

    Ghaffour, Noreddine

    2013-01-01

    Desalination capacity has rapidly increased in the last decade because of the increase in water demand and a significant reduction in desalination cost as a result of significant technological advances, especially in the reverse osmosis process. The cost of desalinated seawater has fallen below US$0.50/m3 for a large scale seawater reverse osmosis plant at a specific location and conditions while in other locations the cost is 50% higher (US$1.00/m3) for a similar facility. In addition to capital and operating costs, other parameters such as local incentives or subsidies may also contribute to the large difference in desalted water cost between regions and facilities. Plant suppliers and consultants have their own cost calculation methodologies, but they are confidential and provide water costs with different accuracies. The few existing costing methodologies and software packages such as WTCost© and DEEP provide an estimated cost with different accuracies and their applications are limited to specific conditions. Most of the available cost estimation tools are of the black box type, which provide few details concerning the parameters and methodologies applied for local conditions. Many desalination plants built recently have greater desalinated water delivery costs caused by special circumstances, such as plant remediation or upgrades, local variation in energy costs, and site-specific issues in raw materials costs (e.g., tariffs and transportation). Therefore, the availability of a more transparent and unique methodology for estimating the cost will help in selecting an appropriate desalination technology suitable for specific locations with consideration of all the parameters influencing the cost. A techno-economic evaluation and review of the costing aspects and the main parameters influencing the total water cost produced by different desalination technologies are herein presented in detail. Some recent developments, such as the increase of unit capacity

  9. The impact of the economic recession on well-being and quality of life of older people.

    Science.gov (United States)

    Fenge, Lee-Ann; Hean, Sarah; Worswick, Louise; Wilkinson, Charlie; Fearnley, Stella; Ersser, Steve

    2012-11-01

    The importance of economic well-being is recognised in the recent UK Government policy. Older people may be particularly vulnerable to economic fluctuations as they are reliant on fixed incomes and assets, which are reducing in value. Within the literature, little is understood about the impact of the current economic downturn on people's general quality of life and well-being and, in particular, there is little research on the financial experiences and capability of the older age group, a concern in light of the ageing UK population. This article reports a qualitative research study into the nature of older peoples' vulnerability by exploring their perceptions of the impact of the economic recession on their well-being and quality of life. It explores specifically a group of older people who are not the poorest within the ageing population, but who may be described as the 'asset rich-income poor' group. Key themes relate to the impact of the recession on the costs of essential and non-essential items and dimensions of mental, physical and social well-being. Implications for health and social care practice in meeting the needs of older people during times of economic recession are then explored. The paper adds to the debate by demonstrating that the recession is having adverse consequences for older people's quality of life in terms of economic, mental and social well-being, although there is also evidence that some of them are equipped with certain resilience factors due to their money management and budgeting skills.

  10. Improvisation and entrepreneurial bricolage versus rationalisation: A case-based analysis of contrasting responses to economic instability in the UK brass musical instruments industry

    OpenAIRE

    Smith, David J.; Blundel, Richard

    2014-01-01

    In periods of economic crisis and instability, the response of many business organisations is to try and adapt to prevailing market conditions. This typically results in a pattern of retrenchment and rationalisation designed to cut costs. Responses of this kind may be justifiable and, to varying degrees, effective at a firm-level. However, their wider repercussions can include the worsening of a pre-existing economic downturn (e.g. large- scale redundancies affecting local communities and can...

  11. Can Management Practices Make a Difference? Nonprofit Organization Financial Performance during Times of Economic Stress

    Directory of Open Access Journals (Sweden)

    Qian Hu

    2016-02-01

    Full Text Available The economic crisis presented unprecedented challenges to nonprofit organizations to sustain their services. In this study, we examined both financial and management factors that influence the financial performance of nonprofit organizations during times of economic stress. In particular, we investigated whether strategic planning and plan implementation, revenue diversification, and board involvement help nonprofit organizations deal with financial uncertainty and strengthen financial performance. Despite the negative impacts that the economic downturn had on nonprofit organizations, we found that the implementation of strategic plans can help nonprofit organizations reduce financial vulnerability. Our findings call attention to key management factors that influence the financial performance of nonprofit organizations.

  12. Can Management Practices Make a Difference? Nonprofit Organization Financial Performance during Times of Economic Stress

    Directory of Open Access Journals (Sweden)

    Qian HU

    2015-05-01

    Full Text Available The economic crisis presented unprecedented challenges to nonprofit organizations to sustain their services. In this study, we examined both financial and management factors that influence the financial performance of nonprofit organizations during times of economic stress. In particular, we investigated whether strategic planning and plan implementation, revenue diversification, and board involvement help nonprofit organizations deal with financial uncertainty and strengthen financial performance. Despite the negative impacts that the economic downturn had on nonprofit organizations, we found that the implementation of strategic plans can help nonprofit organizations reduce financial vulnerability. Our findings call attention to key management factors that influence the financial performance of nonprofit organizations.

  13. Economic suicides in the Great Recession in Europe and North America.

    Science.gov (United States)

    Reeves, Aaron; McKee, Martin; Stuckler, David

    2014-09-01

    There has been a substantial rise in 'economic suicides' in the Great Recessions afflicting Europe and North America. We estimate that the Great Recession is associated with at least 10 000 additional economic suicides between 2008 and 2010. A critical question for policy and psychiatric practice is whether these suicide rises are inevitable. Marked cross-national variations in suicides in the recession offer one clue that they are potentially avoidable. Job loss, debt and foreclosure increase risks of suicidal thinking. A range of interventions, from upstream return-to-work programmes through to antidepressant prescriptions may help mitigate suicide risk during economic downturn.

  14. "New Economics"?

    DEFF Research Database (Denmark)

    Nielsen, Jørgen Ulff-Møller

    1999-01-01

    The United States, the United Kingdom and Denmark have all enjoyed a long period of high stable growth and low inflation in the 1990s. Attempts to determine the implications of this have led to the so-called "New Economics", whose advocates claim that the relationship between economic growth and ...... and inflation has fundamentally changes. The following article tests this thesis against current data for the USA....

  15. The Analysis and Prediction of China's Economic Situation in 2016%2016年我国经济形势分析与预测

    Institute of Scientific and Technical Information of China (English)

    李霞; 吕鹏健; 李钢

    2015-01-01

    Currently, China is just in the period of development mode transformation and the period of economic growth rate shift, the growth of tertiary industry and emerging industries is difficult to make up for the influence of traditional industry decline, economic downturn pressure is relatively high. It is expected that, in 2016, China's economic growth will slow down amid stabilization, investment growth rate will fall back, consumption will increase steadily and export will be weak. It is suggested to implement a proactive fiscal policy and a moderately loose monetary policy, orderly propel reforms, enlarge the strength of employment support and be on guard against the risk of a sharp depreciation of RMB.%当前我国正处于发展模式转换期和经济增速换挡期,第三产业及新兴业态的增长难以弥补传统产业下降的影响,经济下行压力较大.预计2016年我国经济增长稳中趋缓,投资增速回落,消费平稳增长,出口疲弱.建议实施积极的财政政策,货币政策适度宽松,有序推进改革,加大就业扶持力度,防范人民币大幅贬值风险.

  16. Linking response strategies adopted by construction firms during the 2007 economic recession to Porter’s generic strategies

    OpenAIRE

    Tansey, Paul; Spillane, John P.; Meng, Xianhai

    2014-01-01

    The time period bridging the years 2007 to 2012 will be remembered as one characterised by dramatic changes in the Irish and UK construction industries. Construction companies witnessed unprecedented changes in the environment, namely the coincidence of a sharp economic downturn, the significant decline of public works, a reduction in lending, increased competition, and structural changes in the marketplace. Nevertheless, little has been documented on what response strategies construction com...

  17. Is it a power law distribution? The case of economic contractions

    CERN Document Server

    Pueyo, Salvador

    2013-01-01

    One of the first steps to understand and forecast economic downturns is identifying their frequency distribution, but it remains uncertain. This problem is common in phenomena displaying power-law-like distributions. Power laws play a central role in complex systems theory; therefore, the current limitations in the identification of this distribution in empirical data are a major obstacle to pursue the insights that the complexity approach offers in many fields. This paper addresses this issue by introducing a reliable methodology with a solid theoretical foundation, the Taylor Series-Based Power Law Range Identification Method. When applied to time series from 39 countries, this method reveals a well-defined power law in the relative per capita GDP contractions that span from 5.53% to 50%, comprising 263 events. However, this observation does not suffice to attribute recessions to some specific mechanism, such as self-organized criticality. The paper highlights a set of points requiring more study so as to d...

  18. ECOLOGICAL ECONOMICS VS ECONOMIC(AL ECOLOGY

    Directory of Open Access Journals (Sweden)

    G. Kharlamova

    2015-10-01

    Full Text Available Currently world faces the dilemma – ecological economy or economic(al ecology. The researchers produce hundreds of surveys on the topic. However the analyses of recent most cited simulations had shown the diversity of results. Thus, for some states the Kuznets environmental curve has place, for others – no. Same could be said about different years for the same state. It provokes the necessity of drawing new group analyses to reveal the tendencies and relationships between economic and environmental factors. Most flexible and mirror factor of environmental sustainability is the volume of CO2 emissions. The econometric analysis was used for detecting the economic impact on this indicator at the global level and in the spectra of group of states depending on their income. The hypothesis of the existence of environmental Kuznets curve for the analysed data is rejected. Real GDP per capita impact on carbon dioxide emissions is considered only at the global level. The impact of openness of the economy is weak. Rejection happened also to the hypothesis that for the developed countries there is a reverse dependence between the environmental pollution and economic openness. Indicator “energy consumption per capita” impacts on greenhouse gas emissions only in countries with high income. Whereby it should be noted that the more developed a country is, the more elastic is this influence. These results have a potential usage for environmental policy regulation and climate strategy.

  19. Risk Factors of Young Graduates in the Competitive E.U. Labour Market at the End of the Current Economic Crisis

    Directory of Open Access Journals (Sweden)

    Kacerova Eliska

    2016-09-01

    Full Text Available Modern development trends in the labour market have been an increasingly important political and economic issue not only domestically but also on the European level. It proves the fact that in The Europe 2020 strategy, one of the main five points is the aim to increase the employment rate of the population (age: 20–64 from the current 69% to at least 75%. Various risk groups of job candidates emerge among the unemployed. The economic crisis in 2007 made the situation in the labour markets worse. The demand for labour decreased while the number of candidates increased. In recent years, fresh graduates under the age of 25 have been regarded as a high risk group sometimes nicknamed “the lost generation” or Generation Y. This generation is well accustomed to modern technologies which they use for their own benefit and they are willing and able to work from anywhere. On the contrary, those over the age of 35, who are sometimes referred to as Generation X, have different attitudes and requirements for the labour market. Despite the increasing level of education among young people, their unemployment has been worsening since the economic crisis began. The aim of this article was to ascertain how future university graduates (491 final-year students from 5 faculties at Tomas Bata University in Zlín, Czech Republic perceive individual risk factors influencing the success of today’s graduate of Generation Y in the competitive labour market. The target group, future university graduates, evaluated 13 risk areas on a five-point scale. These 13 risk areas were identified based on primary research among 1.059 employers in the Czech Republic, which is a part of a complete two-year research project IGA/FaME/2013/030. This article focuses on only two areas which closely analysed the perception of graduates as drifters, and their demands for high starting salaries. These two risk areas were mentioned by employers as the areas with the highest risk and

  20. Marine organism concentrations, carbonate chemistry variables, and nutrient concentrations from Atlantis ecosystem model simulation output in the California Current from 2013-01-01 to 2053-12-31 to understand vulnerability of California current food webs and economics to ocean acidification (NCEI Accession 0131198)

    Data.gov (United States)

    National Oceanic and Atmospheric Administration, Department of Commerce — This archival package contains the model output of a study to evaluate likely economic and ecological outcomes of ocean acidification in the California Current....

  1. Equity during an economic crisis: financing of the Argentine health system.

    Science.gov (United States)

    Cavagnero, Eleonora; Bilger, Marcel

    2010-07-01

    This article analyses the redistributive effect caused by health financing and the distribution of healthcare utilization in Argentina before and during the severe 2001/2002 economic crisis. Both dramatically changed during this period: the redistributive effect became much more positive and utilization shifted from pro-poor to pro-rich. This clearly demonstrates that when utilization is contingent on financing, changes can occur rapidly; and that an integrated approach is required when monitoring equity. From a policy perspective, the Argentine health system appears vulnerable to economic downturns mainly due to high reliance on out-of-pocket payments and the strong link between health insurance and employment.

  2. Analysis of the Impacts of Air Pollution Control on the Economic Operation in Hebei Province%浅析河北省大气污染治理对经济运行的影响

    Institute of Scientific and Technical Information of China (English)

    杜艳春; 李晓亮; 葛察忠

    2015-01-01

    文章在对我国经济运行现状与原因分析的基础上,探讨了2014年河北省经济下行的主要影响因素,并就其大气污染治理主要措施的经济代价与效益进行了分析,最后围绕经济与环保新常态下如何加强大气污染防治工作提出了四点建议。%In this paper, the current situation of the economic operation and the cause analysis were analyzed. Then, the main factors of the economic downturn in 2014 in Hebei Province were discussed. Simultaneously, the economic costs and benefits of the main air pollution control measures were investigated. Finally, four policy recommendations were put forward to strengthen the air pollution prevention and control under the New Normal of economy and environmental protection.

  3. Home Economics/Family Studies Curricula in Canada: Current Status and Challenges = Programmes d'etudes en economie familiale et sciences familiale au Canada: Situation actuelle et enjeux.

    Science.gov (United States)

    Peterat, Linda; Khamasi, Jennifer

    1996-01-01

    Replicating a 1984 study, a survey of home economics/family studies coordinators in the 10 Canadian provinces found the following: home economics has expanded into grades lower than 8; required courses have increased; core curriculum has not changed radically; there is increased focus on family well-being; and there is a need to address curriculum…

  4. The Impact of the Financial and Economic Crisis on EU's FDI

    Directory of Open Access Journals (Sweden)

    Agnes Ghibuțiu

    2009-04-01

    Full Text Available Following a five-year period of uninterrupted growth and reaching a historical peak in 2007, world foreign direct investment flows (FDI declined in 2008, in large part as a result of the global financial and economic crisis. The European Union (EU as a major source and recipient of FDI flows in the world has been particularly badly hit, reflecting the close economic relationship which exists between the EU and the rest of the world, on the one hand, and among the Member States, on the other hand. The paper analyses the impact of the current crisis on EU's FDI inflows and outflows, in terms of dynamics and volume, as well as the short term and long-term prospects for FDI. Special attention is devoted to disentangling the transmission channels of the crisis, the key features of the FDI downturn and its underlying factors. The empirical investigation relies on UNCTAD data for tracing the evolution of FDI flows at the European level as compared to worldwide trends, while Eurostat data are used to highlight the impact of the crisis on intra-EU FDI flows. Whenever possible, a distinctive analysis is carried out for the old and new EU Member States. The paper is organized around six sections. Its findings reveal, inter alia, that notwithstanding the sharp fall in total FDI flows in 2008, the EU maintains its position as a global leader in terms of FDI flows. However, it will take quite a long time until recovering from the negative effects of the present crisis in terms of investments. Besides, the EU is not likely to be the driving force behind the next wave of FDI surge in the world as this role will be taken over by emerging economies like China, India and Brazilia.

  5. Health economics in rheumatology.

    Science.gov (United States)

    McCabe, C J; Akehurst, R L

    1997-02-01

    Economic evaluations of health-care technologies are playing an increasingly central role in determining which therapies are available to clinicians in the treatment of a whole range of conditions. In rheumatology, a large body of work has already been done on the cost effectiveness of alternative non-steroidal anti-inflammatory drugs (NSAIDs), and much of the current work on disease modifying therapies incorporates economic evaluations. This chapter describes the main techniques of economic evaluation and reviews the strengths and weaknesses of each. Two published economic evaluations are discussed in order to highlight what economic evaluations can offer to the care of people with rheumatoid arthritis, as well as the current limitations of economic evaluation. The objective of this chapter is to equip readers with a critical understanding of economic evaluation that can be used in considering the increasing volume of health economic data that they encounter in their clinical work.

  6. Economic Growth, Capitalism and Unknown Economic Paradoxes

    Directory of Open Access Journals (Sweden)

    Andzela Mialik

    2012-10-01

    Full Text Available The paper deals with failures of capitalism or free market and presents the results of economic analysis by applying a logistic capital growth model. The application of a logistic growth model for analysis of economic bubbles reveals the fundamental causes of bubble formation—economic paradoxes related with phenomena of saturated markets: the paradox of growing returnability and the paradoxes of debt and leverage trap. These paradoxes occur exclusively in the saturated markets and cause the majority of economic problems of recent days including overproduction, economic bubbles and cyclic economic development. Unfortunately, these paradoxes have not been taken into account when dealing with the current failures of capitalism. The aim of the paper is to apply logistic capital growth models for the analysis of economic paradoxes having direct impact on the capitalism failures such as economic bubbles, economic crisis and unstable economic growth. The analysis of economic paradoxes and their implication son failures of capitalism provided in the paper presents the new approach in developing policies aimed at increasing economic growth stability and overcoming failures of capitalism.

  7. Istoricheskie aspekty razvitija rossijsko-litovskih jekonomicheskih otnoshenij i sovremennost' [The historical aspects and current issues of the development of Russian-Lithuanian economic relations

    Directory of Open Access Journals (Sweden)

    Kretinin Gannady

    2012-01-01

    Full Text Available This article focuses on development of Russian-Lithuanian economic ties. The research and practical significance of this study lies in the identification of the sources of modern Russian-Lithuanian economic cooperation and the prospects of future mutually beneficial economic relations. The first attempt at establishing economic relations was made in 1919. However, young Lithuanian Republic gravitated towards the West, severing ties with the Russian market. However, the initiatives of Lithuanian authorities did not result in successful state building, and the economic situation remained unchanged. The USSR leadership made an effort to improve the living conditions in post-war Lithuania. There were some mistakes made in the relations with the local population that resulted in Lithuanians’ resistance to sovietisation. However, in the conditions of post-war restoration of national economy and acute deficit of material and human resources, the Soviet leadership managed not only to reform and develop a socialistic economy in Lithuania but also to turn it into an industrial republic with developed agriculture and modern manufacturing facilities, whose major industries manufactured products used in nuclear and space technologies, aviation and navigation. The research shows that the post-Soviet period led to a dramatic change in Russian-Lithuanian economic relations; however, these relations retained potential for future development.

  8. Economic and Political Factors that Lead to the Budget Deficit in Hong Kong from 1998 to 2003

    Institute of Scientific and Technical Information of China (English)

    Fan Chun Wai

    2006-01-01

    Despite the adverse impact of the budget deficit in Hong Kong has been alleviated since the economic recovery from 2003,the fiscal deficit may return when there is another downturn in the economy if the problem is not handled fundamentally. Based on the economic and political situation from 1998 to 2003, the factors that lead to the budget deficit in Hong Kong are analyzed in four perspectives, including (a) increase in public expenditure; (b) decrease in public revenues; (c) poor management of public money and (d) weak administration. With a better understanding on these factors,possible solutions to the fiscal problem faced by the government may be developed.

  9. The Global Economic Crisis. Challenges for SMEs in Romania

    Directory of Open Access Journals (Sweden)

    Roxana Gabriela HODOROGEL

    2011-04-01

    Full Text Available The economy of the European Union (EU has left behind the downturn and is gradually recovering. In 2010, both the EU and the Eurozone posted economic growth, mostly because Germany did better than expected. All considered, the German economy is growing at a faster pace than in the last two decades. Recession, however, has persisted in states like Greece, Romania and Latvia, and analysts expect growth rates, especially in Eastern Europe, to remain low in the next period. Recovery in this part of Europe largely depends on a pickup in the activity of small and medium-sized enterprises (SMEs, which were seriously affected by the credit crunch the economic crisis entailed. The adverse impact on most SMEs causes a decline in the development rate and a rise in the number of bankruptcies. But the growth of the German economy, however, has a beneficial effect on companies in Central and East European states as well.

  10. The relationship between economic conditions and postpartum depression in Taiwan: a nationwide population-based study.

    Science.gov (United States)

    Chang, Fung-Wei; Lee, Wen-Ying; Liu, Yueh-Ping; Yang, Jing-Jung; Chen, Shu-Pin; Cheng, Kuan-Chen; Lin, Yan-Cen; Ho, Te-Wei; Chiu, Feng-Hsiang; Hsu, Ren-Jun; Liu, Jui-Ming

    2016-11-01

    Understanding mothers' economic conditions and postpartum depression (PPD) is important for determining how they will take care of themselves and their infants during the postnatal period, especially for low-income families. This study examined the relationship between economic conditions and PPD to elucidate the effect of economic contraction on PPD. Our population-based nationwide study used 2000-2013 the National Health Insurance Research Database of Taiwan. A total of 1240 newly diagnosed PPD patients were recruited. We used the database of the Directorate General of Budget, Accounting, and Statistics of Executive Yuan of Taiwan for national economic indicators. The correlation between economic indicators and PPD was examined. The PPD incidence was positively correlated with yearly unemployment rate, consumer price index, and gross domestic product. During the great recession of 2008-2009, PPD was positively correlated with inflation rate. Consumer price index had a positive correlation with PPD incidence per month when comparing PPD in 2010 with the economic indicators during the great recession. As this retrospective study evaluated macroeconomic indicators, it is unclear whether the macroeconomic indicators' effect on PPD totally reflects the effect of true personal economic status on PPD. There was a significant association between PPD and economic conditions. This study shows that mothers' familial environment plays an important role in the development of PPD. The impact of the worldwide economic downturn of the great recession on women is persistent. This useful finding may give health policy planners a hint of early discovering and dealing with PPD when worldwide economic downturn. Copyright © 2016 Elsevier B.V. All rights reserved.

  11. Economic recession and fertility in the developed world.

    Science.gov (United States)

    Sobotka, Tomáš; Skirbekk, Vegard; Philipov, Dimiter

    2011-01-01

    This article reviews research on the effects of economic recessions on fertility in the developed world. We study how economic downturns, as measured by various indicators, especially by declining GDP levels, falling consumer confidence, and rising unemployment, were found to affect fertility. We also discuss particular mechanisms through which the recession may have influenced fertility behavior, including the effects of economic uncertainty, falling income, changes in the housing market, and rising enrollment in higher education, and also factors that influence fertility indirectly such as declining marriage rates. Most studies find that fertility tends to be pro-cyclical and often rises and declines with the ups and downs of the business cycle. Usually, these aggregate effects are relatively small (typically, a few percentage points) and of short durations; in addition they often influence especially the timing of childbearing and in most cases do not leave an imprint on cohort fertility levels. Therefore, major long-term fertility shifts often continue seemingly uninterrupted during the recession—including the fertility declines before and during the Great Depression of the 1930s and before and during the oil shock crises of the 1970s. Changes in the opportunity costs of childbearing and fertility behavior during economic downturn vary by sex, age, social status, and number of children; childless young adults are usually most affected. Furthermore, various policies and institutions may modify or even reverse the relationship between recessions and fertility. The first evidence pertaining to the recent recession falls in line with these findings. In most countries, the recession has brought a decline in the number of births and fertility rates, often marking a sharp halt to the previous decade of rising fertility rates.

  12. Implementing the EU climate and energy package with the economic crisis

    Energy Technology Data Exchange (ETDEWEB)

    Kerebel, C.

    2009-07-01

    flat GDP growth in 2010 (+0.04%), followed from 2011 by a growth at a slower pace than was predicted before the crisis. The aim of our study is to analyze how the economic downturn in Europe will affect the EU's greenhouse gases emissions and its ability to reach the 20% emission reductions by 2020 compared to 1990. Using the knowledge available at the end of 2009 and drawing lessons from the past emissions trends in Europe from 1990, we will assess the progress towards the 20% reduction target over the period (from 1990 to 2020). A discourse often heard at this time of recession is that the EU climate policy is now out of place: because of the crisis the fight against climate change is said to be too costly and nothing should be required from European industries already coping with a worldwide slowing down of demand for goods and products and huge financial restrictions. Another similar discourse argues that, with the downturn in economic and industrial activities, GHG emissions will automatically decrease, so no effort is required to comply with the EU-wide targets. The economic slowdown will do the trick. Our analysis aims at putting these arguments into perspective. What does the economic downturn really change in EU's emissions future profile up to 2020? The EU Climate and Energy Package is composed of four legislative acts: A Directive amending the current EU-Emission Trading Scheme (EU-ETS); A Decision on GHG Reduction Effort Sharing; A Directive on Renewable Energies; A Directive on the Geological Storage of Carbon dioxide. The main elements of the package addressing climate change are the first two pieces of legislation mentioned above, that limit GHG emissions in the EU by 2020: the directive reviewing the EU-ETS for the period 2013-20 and the decision limiting emissions in the non-ETS sectors. One important difference between these two pieces of legislation is that the target for the ETS sector is community-wide, whilst for the non-ETS sectors

  13. Process Design Report for Stover Feedstock: Lignocellulosic Biomass to Ethanol Process Design and Economics Utilizing Co-Current Dilute Acid Prehydrolysis and Enzymatic Hydrolysis for Corn Stover

    Energy Technology Data Exchange (ETDEWEB)

    Aden, A. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Ruth, M. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Ibsen, K. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Jechura, J. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Neeves, K. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Sheehan, J. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Wallace, B. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Montague, L. [Harris Group, Seattle, WA (United States); Slayton, A. [Harris Group, Seattle, WA (United States); Lukas, J. [Harris Group, Seattle, WA (United States)

    2002-06-01

    The U.S. Department of Energy (DOE) is promoting the development of ethanol from lignocellulosic feedstocks as an alternative to conventional petroleum-based transportation fuels. DOE funds both fundamental and applied research in this area and needs a method for predicting cost benefits of many research proposals. To that end, the National Renewable Energy Laboratory (NREL) has modeled many potential process designs and estimated the economics of each process during the last 20 years. This report is an update of the ongoing process design and economic analyses at NREL.

  14. Bank ownership, lending, and local economic performance during the 2008–2009 financial crisis

    Science.gov (United States)

    Coleman, Nicholas; Feler, Leo

    2017-01-01

    Although government banks are frequently associated with political capture and resource misallocation, they may be well-positioned during times of crisis to provide countercyclical support. Following the collapse of Lehman Brothers in September 2008, Brazil’s government banks substantially increased lending. Localities in Brazil with a high share of government banks received more loans and experienced better employment outcomes relative to localities with a low share of government banks. While increased government bank lending mitigated an economic downturn, we find that this lending was politically targeted, inefficiently allocated, and reduced productivity growth. PMID:28936027

  15. The current status of the debate on socio-economic regulatory assessments: positions and policies in Canada, the USA, the EU and developing countries

    NARCIS (Netherlands)

    Falck-Zepeda, J.; Wesseler, J.H.H.; Smyth, S.

    2013-01-01

    Article 26.1 of the Cartagena Protocol on Biosafety has the option of considering socio-economic issues in biosafety regulatory approval processes related to genetically engineered organisms. National laws and regulations in some countries have already defined positions and may have enacted policies

  16. Economic Security of the Disabled Women:Current Situation and Countermeasures%残障妇女经济保障现状与对策研究

    Institute of Scientific and Technical Information of China (English)

    郭砾; 闵杰

    2013-01-01

      改革开放以来,尤其是近十年来,残障妇女经济保障状况得到较大改善。但总体而言,残障妇女与残障男性、残障妇女与妇女整体的就业水平,都存在较大差距,登记失业率远高于妇女平均水平,就业稳定性差,工资收入水平较低,残障妇女基本社会保险覆盖率不仅低于小康指标且低于残障男性,参加社会保险人数和保险种类明显低于城镇女职工参保的平均水平,社会上对残障妇女仍存在歧视和偏见,就业机会不平等及同工不同酬现象还时有发生。应当以政府为主导,切实采取有力措施,进一步加强残障妇女的经济保障。%  Since the reform and opening up, especially in recent ten years, the economic security and service system of the disabled women in China has a solid start and achieved initial success, and the status of survival and development of the disabled women has improved significantly, and the economic situation has also risen fatherly. But in general, during the period of 2001-2010, the disabled people have benefit less than other people from the social and economic development, and the disabled women less than the disabled men, and the rural disabled women less than the urban disabled women. With the data of the third wave survey on the social status of women in 2010 and the questionnaire survey on the status and development of disabled women in 2011 in Heilongjiang province, from many angles of view, this article analyzes the economic security situation of the disabled women and the disabled men comprehensively, and focuses on the differences of the disabled people’s economic security between urban and rural areas, between women and men, between disabled women and overall women, and puts forward the countermeasures and the suggestions on the economic security of the disabled women.

  17. The Characteristics and Countermeasures of Current Economic Crime in Dalian%大连市当前经济犯罪特点及对策

    Institute of Scientific and Technical Information of China (English)

    王虹

    2014-01-01

    Economic crime refers to the behavior that violates legal provisions of the state, infringes the national economic management system, undermines the order of socialist market economy in order to seek illegal interests in the operation of commodity economy; the behavior should be subjected to punishment in accordance with the criminal law. At present, economic crime has a high incidence rate in Dalian and bears the following characteristics as rapid growth of the gross, involvement of a huge amount of money and people, various forms, elusive ways, new means, highly organized and intelligentized. Basing on the analysis of the characteristics of economic crime, this article puts forward the countermeasures of sternly fighting against economic crime, combining strike with prevention, strengthening the construction of early warning mechanism, building team forces, carrying out legal publicity, so on and so forth.%经济犯罪是指在商品经济的运行领域中,为谋取不法利益,违反国家法律规定,严重侵犯国家经济管理制度,破坏社会主义市场经济秩序,依照刑法应受刑罚处罚的行为[1]。当前我市经济犯罪出现高发态势,呈现出总量快速增长、涉案金额巨大、人数众多、类型多样、方式隐蔽、手段翻新、高度组织化智能化的特点。本文在分析经济犯罪特点的基础上,提出严厉打击犯罪、打防结合、加强预警机制建设、队伍建设、做好法制宣传等对策。

  18. Quantum Economics

    OpenAIRE

    Vukotić Veselin

    2011-01-01

    The globalization is breaking-down the idea of national state, which was the base for the development of economic theory which is dominant today. Global economic crisis puts emphasis on limited possibilities of national governments in solving economic problems and general problems of society. Does it also mean that globalization and global economic crisis points out the need to think about new economic theory and new understanding of economics? In this paper I will argue that globalizat...

  19. COGNITIVE ECONOMICS

    Science.gov (United States)

    KIMBALL, MILES

    2017-01-01

    Cognitive economics is the economics of what is in people’s minds. It is a vibrant area of research (much of it within behavioural economics, labour economics and the economics of education) that brings into play novel types of data, especially novel types of survey data. Such data highlight the importance of heterogeneity across individuals and highlight thorny issues for welfare economics. A key theme of cognitive economics is finite cognition (often misleadingly called “bounded rationality”), which poses theoretical challenges that call for versatile approaches. Cognitive economics brings a rich toolbox to the task of understanding a complex world. PMID:28149186

  20. Global'naja jenergeticheskaja i jekologicheskaja bezopasnost' v uslovijah sovremennogo mirovogo jekonomicheskogo krizisa [Global energy and environmental security in the current global economic crisis

    Directory of Open Access Journals (Sweden)

    Kosov Yuri

    2010-01-01

    Full Text Available This article considers the problems of the environmental impact of energy. Further reduction of this impact on the global environment can be achieved two ways. The short-term one implies the increase in energy efficiency. In the next 15—20 years, the increase in efficiency should become a priority of the energy policy of all states. The long-term one is based on the gradual expansion of renewable energy. This method is aimed to avoid further economic and energy crises. At the same time, it has an important environmental aspect. Experts claim that the new area of global energy should be less costly than the traditional ones.

  1. The Analysis of Current Situation about Rural Economic Structure and Adjustment Countermeasures%农村经济结构现状分析及调整对策

    Institute of Scientific and Technical Information of China (English)

    宋明芳

    2012-01-01

    With the transition of traditional to modern agriculture,there are many problems in existing rural economic structure.Through the analysis of the characteristics of existing rural economic structure,the paper proposes that the adjustment of rural economic restructuring must adhere to market demand-oriented,science and technology support,according to the geographical features and market supply select leading industry and actively promote the industrialization and large-scale operation of agriculture;improve the market mechanism,creating a competitive,open,orderly,and a variety of agricultural market system,improve the market competitiveness of agricultural products;to speed up the pace of urban and rural integration,to promote the secondary and tertiary industries development of small towns in rural areas,set up township enterprises.Enhance the cultural quality of education for farmers,boost farmers' scientific and cultural levels as the basis of rural economic restructuring%随着传统农业向现代农业的过渡,现有农村经济结构存在很多问题。农村经济结构的调整必须坚持以市场需求为导向,以科学技术为支撑,根据地域特点、市场供求关系挑选主导产业,积极推进农业产业化、规模化经营;完善市场机制,形成竞争、开放、有序、多样的农产品市场体系,提高农产品的市场竞争力;加快城乡一体化建设的步伐,推进农村小城镇第二、三产业的发展,大力兴办乡镇企业。把加强对农民的文化素质教育,提高农民的科技文化水平作为农村经济结构调整的基础。

  2. Global'naja jenergeticheskaja i jekologicheskaja bezopasnost' v uslovijah sovremennogo mirovogo jekonomicheskogo krizisa [Global energy and environmental security in the current global economic crisis

    OpenAIRE

    Kosov Yuri; Mallon V.

    2010-01-01

    This article considers the problems of the environmental impact of energy. Further reduction of this impact on the global environment can be achieved two ways. The short-term one implies the increase in energy efficiency. In the next 15—20 years, the increase in efficiency should become a priority of the energy policy of all states. The long-term one is based on the gradual expansion of renewable energy. This method is aimed to avoid further economic and energy crises. At the same time, it ha...

  3. Quantum economics

    Directory of Open Access Journals (Sweden)

    Vukotić Veselin

    2011-01-01

    Full Text Available The globalization is breaking-down the idea of national state, which was the base for the development of economic theory which is dominant today. Global economic crisis puts emphasis on limited possibilities of national governments in solving economic problems and general problems of society. Does it also mean that globalization and global economic crisis points out the need to think about new economic theory and new understanding of economics? In this paper I will argue that globalization reveals the need to change dominant economic paradigm - from traditional economic theory (mainstream with macroeconomic stability as the goal of economic policy, to the “quantum economics“, which is based on “economic quantum” and immanent to the increase of wealth (material and non-material of every individual in society and promoting set of values immanent to the wealth increase as the goal of economic policy. Practically the question is how we can use global market for our development!

  4. Greater performance and less harmful substances: Perspectives for an economical coal-based current supply. Mehr Leistung und weniger Schadstoffe: Perspektiven einer wirtschaftlichen Kohleverstromung

    Energy Technology Data Exchange (ETDEWEB)

    Kotschenreuther, H.; Haeuser, U.; Weirich, P.H.

    1994-06-01

    Based on the idea of further developing proven technology, the HT steam power station is a particularly economic alternative (low risk-tried and tested technology) to a coal gasification plant concept with a pressurized chamber: - greated efficiency under full and partical load, - optical variable load, - greatest service-compatibility, i.e. large revision intervals compared to conventional power stations, - similar investment costs to conventional power stations, - similar or improved efficiency in comparison to coal-fueled power stations, future application of this H-T technology to brown coal plants will; - procedure less CO[sub 2] emissions than coal gasification plants, - best partial load performance, - within its band-width, it allows an efficiency rate of around 50% in combination with G.T. It is accepted that various market segments could be opened for the different technological areas. An example is the combined power station with DWSF, which uses the nearly HKW due to its compactness, and also the HT power station for an economic application in the coal-powered supply. (orig.)

  5. Managing IT in a downturn

    CERN Document Server

    Mitchell, Stewart

    2008-01-01

    Against this backdrop of turbulence, this pocket guide examines what IT executives can do to stretch budget to maintain a useful and reliable network of IT services, and examine where new technologies, free software and licence renegotiation can make budgets work harder. Because all companies are different, the intention is not to recommend specific changes, but to raise the questions and possibilities that will provoke improvements.

  6. The Approach of Ecological Economics

    OpenAIRE

    John M. Gowdy; Jon D Erickson

    2004-01-01

    This paper discusses the major tenets of ecological economics - including value pluralism, methodological pluralism, and multi-criteria policy assessment. Ecological economics offers viable alternatives to the theoretical foundations and policy recommendations of neoclassical welfare economics. A revolution in neoclassical economics is currently taking place and the core assumptions of welfare economics are being replaced with more realistic models of consumer and firm behavior. But we argue ...

  7. Behavioral economics.

    Science.gov (United States)

    Camerer, Colin F

    2014-09-22

    Behavioral economics uses evidence from psychology and other social sciences to create a precise and fruitful alternative to traditional economic theories, which are based on optimization. Behavioral economics may interest some biologists, as it shifts the basis for theories of economic choice away from logical calculation and maximization and toward biologically plausible mechanisms.

  8. [Economic burden for patients with chronic myelogenous leukemia--healthcare economics and medical governance of cancer].

    Science.gov (United States)

    Kodama, Yuko; Kami, Masahiro

    2010-04-01

    Due to the recent economic downturn, the economic burden of cancer patients has been further worsened. Specifically for chronic myelogenous leukemia patients, their annual income has decreased by 1, 500, 000 yen from 2000 to 2008, while the cost of their medications has increased from 1,000,000 yen to 1,200,000 yen due the advent of the new drug, Glivec, which was approved in 2001. The scores for psychological burden have increased 30% over the past 8 years before Glivec became available. The economic crisis among cancer patients is a consequence of structural problems with many anticancer drugs and cancer treatment. Especially, problems involving the cost of medical care and the system of drug pricing should be resolved by thorough discussion not only with cancer patients but also with the entire population. Discussion on the medical expense burden for CML patients has flourished through patients' spontaneous activities and information disclosure to a wider population through the internet. This methodology will be significant in establishing medical governance in cancer treatment in Japan.

  9. 当前世界经济形势与中国战略选择%The Current Global Economic Situation and China's Strategic Choice

    Institute of Scientific and Technical Information of China (English)

    陈文玲

    2016-01-01

    当前,世界经济总体复苏依旧乏力缓慢,以"三低""三高""三个失衡"为特征的世界经济低速增长的"新常态"不会发生根本改变,但世界经济继续分化,货币政策加剧分化,国际贸易格局日益分化,大宗商品市场价格在跌宕起伏中分化,全球跨境电子商务蓬勃发展.随着我国综合国力的不断增强,随着我国与世界新型互动态势的日益明显,面对新的国际形势,为构建面向未来的全球开放型经济体系,必须进行新的战略选择,一要加快推进人民币国际化战略,重构国际货币体系;二要以人民币国际化推动国际货币体系改革;三要全面推进自由贸易区战略,构建自由贸易区网络体系;四要加快产业结构调整与升级,重构全球价值链体系;五要加快实施创新驱动战略,形成创新驱动型经济体系.%At present,the trend of economic recovery is still weak and slow;the"new normal"of slow world economic growth,which takes the"Three Low","Three High"and"Three Imbalance"as the characteristics,will not be fundamentally changed;differentiations in world economic growth,monetary policies,global trade patterns,and commodity prices will be highlighted;and the development of global cross-border e-commerce will be blooming. With the increasingly enhanced comprehensive national strength of China,the noticeable new interactions between China and other countries,and the new international situation,to establish the future open strategic system and make the new strategic choice,China should,first, accelerate the strategy of RMB internationalization and rebuild the international monetary system;second,China should promote the reform of international monetary system with the help of RMB internationalization;third,China should fully promote the strategy of Free Trade Zone (FTZ) and establish the network system of FTZ;fourth,China should accelerate the industrial restructuring and strategic upgrade and rebuild the global value

  10. The economics of urban size.

    Science.gov (United States)

    Alonso, W

    1971-01-01

    roads per capita necessary in low density areas. Since it appears that the biggest cities are not too big from the perspective of economic efficiency, it may be that higher average incomes of bigger cities do not mask sharper inequalities among their citizens, so that efficiency is gained at the cost of equity. This does not appear to be the case at least for the US. On the contrary, some studies indicate that there is less poverty and a more equal distribution of incomes in big cities than in smaller cities. There are some weak indications of a downturn in the product curve at the largest urban sizes, but even should the downturn be real, this would not be inconsistent with the efficiency of those larger sizes in a hierarchical system of cities.

  11. Prospering in Tough Economic Times Through Loyal Customers

    Directory of Open Access Journals (Sweden)

    Anderson Rolph

    2014-10-01

    Full Text Available In severe economic downturns, only a few business leaders have the courage and wisdom to invest in customer loyalty to increase profits instead of reflexively cutting costs to try to maintain falling profit margins. Moreover, the usual research and advice tends to focus on how companies can effectively and efficiently reduce costs in order to survive an economic decline. This study contributes to the literature by offering a fresh look at how best to respond in tough economic times by examining companies who have responded traditionally with cost cutting strategies versus companies who instead have invested in customer loyalty. We make the unique and contrarian argument that the latter strategy can be the superior business strategy, which underscores the originality of this investigation. Thus, the purpose of this study is to highlight why investing resources in creating and retaining loyal customers is the best strategy for companies to survive and prosper in tough economic conditions while simultaneously gaining longer-run competitive advantage. Based on quantitative and qualitative survey research methodology, the study findings identify and explain key customer loyalty measures, including: customization for customers, communication interactivity, nurturing of customers, commitment to customers, customer sharing networks, customer focused product assortments, facile exchanges, and customer engagement. Perceptive company executives will measure, benchmark, and regularly compare their performances on these key customer loyalty measures with different customer groups versus their company's past performances, managerial goals, and competitors, then make appropriate adjustments to retain their loyal customers and prosper during tough economic times.

  12. The Growing Global Threat of Cyber-crime given the Current Economic Crisis: A Study regarding Internet Malicious Activities in Romania

    Directory of Open Access Journals (Sweden)

    Ana Maria Tuluc

    2011-02-01

    Full Text Available Computer crime, also referred as cyber-crime, is considered today one of the main leadingproblems in the ongoing global economic crisis and an impediment in the development of manycountries. Objectives of this work are: to determine the evolution of cyber-crime during the currenteconomic crisis, to emphasize the severity of this problem and the urgent need to limit its impactworldwide, to determine consumers perceptions regarding this phenomenon in Romania. Prior Workrelated to this issue was conducted by the Computer Security Institute in United States, InternationalComputer Protection Agency, Symantec and Ponemon Institute. In their studies, these institutionshave revealed many of cyber-crime features and proposed valuable solutions for decreasing itsimpact. The Approach used in this paper was a survey among Romanian consumers regarding cybercrime.A total number of 110 respondents participated in this survey. Results showed that almost80% of respondents were victims of cyber-crime at least once and more than 87% of respondentsnever reported these crimes to the police. As regards Implications, the study can offer support tospecialized institutions, while academics can use these findings for further research. The Value of thispaper consists of relevant findings regarding cyber-crime issue in Romania.

  13. Budget impact analysis of rivaroxaban vs warfarin anticoagulation strategy for direct current cardioversion in non-valvular atrial fibrillation patients: the MonaldiVert economic study.

    Science.gov (United States)

    Russo, Vincenzo; Rago, Anna; Papa, Andrea A; Bianchi, Valter; Tavoletta, Vincenzo; DE Vivo, Stefano; Cavallaro, Ciro; Nigro, Gerardo; D'Onofrio, Antonio

    2017-09-25

    Rivaroxaban is the first novel oral anticoagulant to receive regulatory approval for non-valvular atrial fibrillation (NVAF) patients who require cardioversion. The MonaldiVert real life experience showed positive benefit-risk profile of short term rivaroxaban administration for transesophageal echocardiogram guided cardioversion in patients who had not achieved adequate pre-procedural vitamin k antagonist (VKA) anticoagulation. Aim of our study was to perform a budget impact analysis of MonaldiVert anticoagulation strategy for direct current cardioversion in NVAF patients and to compare the following costs borne by the Regional Healthcare System (RHS) with those for a hypothetical cohort of identical patients underwent from the beginning to early rivaroxaban treatment before direct current cardioversion. The mean costs per each NVAF patient treated with VKA strategy and Rivaroxaban rescue strategy were 134.53€ and 189.83€, respectively. Considering a hypothetical scenario in which all population study would be treated from the beginning with rivaroxaban (Rivaroxaban early strategy), the mean cost per patient would have been 81.11€ (Table 3). The total cost borne by the RHS, including the cost of the cardioversion procedure, for the two therapeutic strategies carried out at Monaldi Hospital (VKA strategy and Rivaroxaban rescue strategy) was 88.458,53 €. The total cost would be borne by the RHS for Rivaroxaban early strategy, if applied to all population study, would have been 69.989,15 € with a saving of 18,469.38, respect to the actually applied strategy. Rivaroxaban rescue strategy for transoesophageal echocardiography guided direct current cardioversion in NVAF patients, who had not achieved adequate pre-procedural VKA anticoagulation, is an effective and safe strategy, which allows to not delay the procedure, reducing times and wastage of cardioversion slots, without substantial costs increase.

  14. Internet economics

    DEFF Research Database (Denmark)

    Henten, Anders; Skouby, Knud Erik; Øst, Alexander Gorm

    1997-01-01

    A paper on the economics of the Internet with respect to end user pricing and pricing og interconnect.......A paper on the economics of the Internet with respect to end user pricing and pricing og interconnect....

  15. Urban Economics

    OpenAIRE

    Quigley, John M.

    2006-01-01

    Urban economics emphasizes: the spatial arrangements of households, firms, and capital in metropolitan areas; the externalities which arise from the proximity of households and land uses; and the public policy issues which arise from the interplay of these economic forces.

  16. Internet economics

    DEFF Research Database (Denmark)

    Henten, Anders; Skouby, Knud Erik; Øst, Alexander Gorm

    1997-01-01

    A paper on the economics of the Internet with respect to end user pricing and pricing og interconnect.......A paper on the economics of the Internet with respect to end user pricing and pricing og interconnect....

  17. Structural Economics

    NARCIS (Netherlands)

    ten Raa, T.

    2015-01-01

    This book aims to make the nature of input-output analysis in economics clearly accessible and, contrary to the opinion of many commentators, shows that this type of analysis can be compatible with the doctrines of neoclassical economics.

  18. How Geophysical Enterprises Make Response to Industrial Downturn%物探企业应对行业低迷的几点思考

    Institute of Scientific and Technical Information of China (English)

    刘聚祥; 马永琴

    2015-01-01

    众多机构预测未来两年国际油价将低位徘徊,物探行业将持续保持低迷态势,产能严重过剩,渐入寒冬。全球各大油气公司、物探公司通过裁员减支、剥离低效资产和兼并整合等多种经营管理手段求生存,保发展,B G P也不得不在“开源节流”上做文章。结合多年国际业务市场开发的体会和实践,从进攻与防守、规模与效益、短期与长期、风险与机会、低成本与差异化、合作与竞争、模仿与创新、战略与战术8个方面进行了分析、思考,提出要做好市场开拓的攻防平衡,稳定市场规模、提升业务效益,提升控制风险能力、寻找市场新机遇,坚持低成本策略、强化差异化优势,夯实自身实力、掌握竞合主动权,坚持从模仿中学习、持续创新,坚定战略信心、提升战术执行力等建议来应对挑战。%Many organizations predict that international oil price will lfuctuate at a low level in next two years. The geophysical industry will continue to keep a downturn momentum with the productivity being in surplus. Major oil and gas companies and geophysical companies around the world have to adopt a series of measures for survival and business development, such reduction of employees for cost-effectiveness, sale of low-efifcient assets, acquisition and merger of their business. BGP has also made the efforts for cost reduction. Based on the experiences in international business market development, this paper makes analysis of eight areas – offensive and defense, scale and performance, short term and long term, risks and opportunities, low cost and differentiation, cooperation and competition, imitation and creation, and strategy and tactics. It comes up with a number of suggestions to meet the challenges, such as making balance between offensive and defense in market development, keeping market scale stable, improving business performance, strengthening risk

  19. Public economics

    OpenAIRE

    James M. Poterba

    2005-01-01

    The International Handbook on Teaching and Learning Economics provides a comprehensive resource for instructors and researchers in economics, both new and experienced. This wide-ranging collection is designed to enhance student learning by helping economic educators learn more about course content, pedagogic techniques, and the scholarship of the teaching enterprise.

  20. The Economic Dependence of the Population and the Current Problems within the Sub-Carpathian Region between the Olt and the Jiu Rivers at the Ending of Almost Two Decades of Restructuring

    Directory of Open Access Journals (Sweden)

    SIMONA MĂLĂESCU

    2009-01-01

    Full Text Available The transition period represents for the Sub-Carpathians between the Olt and the Jiu Rivers, relatively to areas with similar socio-economic problematic during the transition period (the south-western piedmont area and the Petroşani Depression, from a social point of view and by means of the impact of the changes in the support area, a period of “discreet or tacit convulsions” as regards the ’60s and the ’80s. The dynamic of the given region during the transition period reveals the facts that certain convulsions or restructurings do not necessarily have to possess explicit static or striking forms in the modification of the landscapes in order to allow the transparency of the problematic period these regions have crossed. The current paper presents certain aspects (the economic dependency, the demographic aging, the unemployment rate, the need of social protection, the illiteracy, etc. characterizing the present situation of the demographic component with impact on the development as result of the crossing of this transition period. The aspects presented in the current paper are the result of the analysis of the statistical data regarding the discussed indicators and of a more ample field research carried out in order to assert the transformations suffered in the studied area during the transition period, from the perspective of social geography.

  1. Selling blood and gametes during tough economic times: insights from Google search.

    Science.gov (United States)

    Wu, Jonathan A; Ngo, Tin C; Rothman, Cappy; Breyer, Benjamin N; Eisenberg, Michael L

    2015-10-01

    To use Google Insights search volume and publicly available economic indicators to test the hypothesis that sperm, egg, and blood donations increase during economic downturns and to demonstrate the feasibility of using Google search volume data to predict national trends in actual sperm, egg, and blood donations rates. Cross-correlation statistical analysis comparing Google search data for terms relating to blood, egg, and sperm donations with various economic indicators including the S&P 500 closing values, gross domestic product (GDP), the U.S. Index of Leading Indicators (U.S. Leading Index), gross savings rate, mortgage interest rates, unemployment rate, and consumer price index (CPI) from 2004-2011. A secondary analysis determined the Pearson correlation coefficient between Google search data with actual sperm, egg, and blood donation volume in the U.S. as measured by California Cryobank, the National Assisted Reproductive Technology Surveillance System, and the National Blood Collection and Utilization Survey, respectively. Significance of cross-correlation and Pearson correlation analysis as indicated by p value. There were several highly significant cross-correlation relationships between search volume and various economic indicators. Correlation between Google search volume for the term 'sperm donation,' 'egg donation,' and 'blood donation' with actual number of sperm, egg and blood donations in the United States demonstrated Pearson correlation coefficients of 0.2 (p > 0.10), -0.1 (p > 0.10), and 0.07 (p > 0.10), respectively. Temporal analysis showed an improved correlation coefficient of 0.9 (p < 0.05) for blood donation when shifted 12 months later relative to Google search volume. Google search volume data for search terms relating to sperm, egg, and blood donation increase during economic downturns. This finding suggests gamete and bodily fluid donations are influenced by market forces like other commodities. Google search may be useful for

  2. Qualitative Economics

    DEFF Research Database (Denmark)

    Fast, Michael; Clark, Woodrow

    2012-01-01

    Focus in this paper is on building a science of economics, grounded in understanding of organizations and what is beneath the surface of economic structures and activities. As a science Economics should be concerned with its assumptions, logic and lines of arguments, and how to develop theories...... and formulate ideas of reality. There is a disconnection between a science of economics focuses on structures and universal laws from what is experienced in everyday of life of business activity. The everyday of life of business is processual, dynamic and contradictional. This discussion of how to understand...... the everyday economic life is the central issue and is discussed from the perspective of interactionism. It is a perspective developed from the Lifeworld philosophical traditions, such as symbolic interactionism and phenomenology, seeking to develop the thinking of economics. The argument is that economics...

  3. Economic aspects of triticale growing: Australian farmer experience.

    Science.gov (United States)

    Cooper, Katharine V; Elleway, Michael G

    2014-01-01

    Australian farmers grow triticale for economic benefit. A range of farmers in different localities, with different farm size, soil type, rainfall and proximity to markets, were asked why they grew triticale and how it contributed to their farm economics. The main encouragements to grow triticale relate to its agronomic prowess: its reliability and magnitude of production on all soil types and particularly in conditions in which other crops are relatively poor producers. Also in favour of triticale is its ability to produce economic return following a high yielding wheat crop, whilst providing soil benefits as a rotation crop reducing root and stubble diseases. Triticale's versatility and utility as high grade animal feed, by supplying grazing, fodder for conservation, and grain for on-farm animal production, further encourages farmers to include triticale in their cropping programs. The main inhibitor to growing triticale relates to the cost and ease of marketing the product, relative to other crops, and even triticale enthusiasts do not persist with triticale, if the economics are not in its favour. A downturn in the dairy industry, and the cessation of triticale grain receivals at bulk handling sites has resulted in a contraction of triticale production in some regions. Less triticale is likely to be grown where farmers have to provide their own storage, find their own markets, freight the product further, or have limited market options. New specific markets, such as high grade hay from reduced-awn triticale varieties, for the horse industry, may increase the profitability of triticale producing enterprises.

  4. 17. Dialogue on waste management MV. Current developments in waste and resources economics. Proceedings; 17. DIALOG Abfallwirtschaft MV. Aktuelle Entwicklungen in der Abfall- und Ressourcenwirtschaft. Tagungsband

    Energy Technology Data Exchange (ETDEWEB)

    Nelles, Michael (ed.)

    2016-08-01

    This proceedings of 17th DIALOG Waste Management Mecklenburg-Western Pomerania contains 13 lectures. The topics were: Phosphorus recycling of wastewater and sewage sludge (Robert Ristow); Current waste legislation developments (Wolfgang Siederer); Further development of the recycling industry (Andreas Bruckschen); Resource-efficient recycling business - a challenge for municipalities (Holger Thaerichen); Brick Recycling (Anette Mueller); Who has the buck? competence and responsibility in collection, transportation and recycling of waste electrical equipment (Hans-Bernhard Rhein); Recovery of biogenic waste - Development, status and prospects (Martin Kranert); Experience in the bio-waste collection in the district of Western Pomerania-Ruegen (Torsten Ewert); Biowaste concept of OVVD GmbH (Stephan Schuett); Quo vadis BAWA Schwerinum? Biowaste treatment facility Schwerin - first operation experience (Andreas Lange); Future marketing opportunities for compost (Anke Boisch); Status and prospects of waste and substance flow management (Michael Nelles); Development of separate collection of biowaste quantities in Mecklenburg-Western Pomerania. [German] Dieser Tagungsband von der 17. DIALOG Abfallwirtschaft Mecklenburg-Vorpommern in Rostock enthaelt 13 Vortraege. Die Themen waren: Phosphor-Recycling aus Abwasser und Klaerschlamm (Robert Ristow); Aktuelle abfallrechtliche Entwicklungen (Wolfgang Siederer); Weiterentwicklung der Recyclingwirtschaft (Andreas Bruckschen); Ressourceneffiziente Wertstoffwirtschaft ? eine Herausforderung fuer die Kommunen (Holger Thaerichen); Ziegelrecycling (Anette Mueller et. al.); Wer hat den schwarzen Peter? Zustaendigkeiten und Verantwortlichkeiten bei Sammlung, Transport und Verwertung von Elektroaltgeraeten (Hans-Bernhard Rhein); Verwertung biogener Abfaelle - Entwicklung, Stand und Perspektiven (Martin Kranert); Erfahrungen bei der Bioabfallerfassung im Landkreis Vorpommern-Ruegen (Torsten Ewert); Bioabfallkonzept der OVVD GmbH (Stephan

  5. Malaysia Economic Monitor, December 2015

    OpenAIRE

    World Bank Group

    2015-01-01

    Growth moderated throughout 2015, affected by a slowdown in private consumption and weak export growth. The authorities have generally managed the downturn in commodity prices and the financial market volatility with a reasonable mix of macro policies. Heightened external volatility calls for prudent macro policies and acceleration of structural reforms. The eleventh Malaysia plan stresses...

  6. Malaysia Economic Monitor, December 2015

    OpenAIRE

    World Bank Group

    2015-01-01

    Growth moderated throughout 2015, affected by a slowdown in private consumption and weak export growth. The authorities have generally managed the downturn in commodity prices and the financial market volatility with a reasonable mix of macro policies. Heightened external volatility calls for prudent macro policies and acceleration of structural reforms. The eleventh Malaysia plan stresses...

  7. Impact of the east Asian economic crisis on health and health care: Malaysia's response.

    Science.gov (United States)

    Suleiman, A B; Lye, M S; Yon, R; Teoh, S C; Alias, M

    1998-01-01

    In the wake of the east Asian economic crisis, the health budget for the public sector in Malaysia was cut by 12%. The Ministry of Health responded swiftly with a series of broad-based and specific strategies. There was a careful examination of the operating expenditure and where possible measures were taken to minimise the effects of the budget constraints at the service interface. The MOH reprioritised the development of health projects. Important projects such as rural health projects and training facilities, and committed projects, were continued. In public health, population-based preventive and promotive activities were expected to experience some form of curtailment. There is a need to refocus priorities, maximise the utilisation of resources, and increase productivity at all levels and in all sectors, both public and private, in order to minimise the impact of the economic downturn on health.

  8. Swinger Economics

    OpenAIRE

    Fabio D'Orlando

    2010-01-01

    Swinging is a sexual behavior of increasing relevance but substantially ignored in theoretical economic investigation. This paper has two major goals. The first is to describe what swinging is, discuss its economic relevance and single out the main characteristics of swinger behavior. To this end, the Italian situation has been considered as a type of case study. The second goal is to use standard and less-standard tools from economic theory to propose some preliminary assessments of the caus...

  9. Qualitative Economics

    DEFF Research Database (Denmark)

    Fast, Michael; Clark II, Woodrow W

                         This book is about science -- specifically, the science of economics. Or lack thereof is more accurate. The building of any science, let alone economics, is grounded in the understanding of what is beneath the "surface" of economics. Science, and hence economics, should...... be concerned with formulating ideas that express theories which produce descriptions of how to understand phenomenon and real world experiences.                       Economics must become a science, because the essence of economics in terms of human actions, group interactions and communities are in need...... of scientific inquiry. Academics and scholars need a scientific perspective that can hypothesize, theorize document, understand and analyze human dynamics from the individual to more societal interactions. And that is what qualitative economics does; it can make economics into becoming a science. The economic...

  10. Proceedings of a workshop, held in Constanta, Romania on 22 May 2014, on Oral Health of Children in the Central and Eastern European Countries in the context of the current economic crisis.

    Science.gov (United States)

    Hysi, Dorjan; Eaton, Kenneth A; Tsakos, George; Vassallo, Paula; Amariei, Corneliu

    2016-07-25

    This report presents the proceedings of a workshop held in Constanta, Romania on 22 May 2014. During the workshop, representatives from 18 Central and Eastern European countries gave oral presentations on the current oral health of children and young adults aged 16 years and younger. The aim of the workshop was to collect and present data relating to the oral health of children from Central and Eastern European countries and to discuss them in the context of the political changes that have taken place over the last two decades and the recent economic crisis.The presenters had previously completed a series of questions on oral epidemiological studies, prevention of oral disease, treatment and payment, dental personnel, uptake of oral health care and other considerations and structured their presentations on these topics plus the influence of the economic crisis on oral health. It should be remembered that this paper is a report of the proceedings of a workshop and not a study. Ethics approval is not required for workshops.After the 18 oral presentations a 90 min discussion took place during which further points were raised. The presentations, the discussion and the conclusions which were reached are reported in this manuscript.

  11. Qualitative Economics

    DEFF Research Database (Denmark)

    Fast, Michael; Clark II, Woodrow W

    2013-01-01

    This chapter is about science from a book that on Qualitative Economics (Clark and Fast 2008), specifically building a science of economics, grounded in understanding of organizations and what is beneath the surface of structures and activities. Economics should be, as a science, concerned with i...... things; it is about interaction and it is about construction. If we are not able to understand and describe how people interact and construct, we can not develop any theory of economics or understand human dynamics that is scientific.......This chapter is about science from a book that on Qualitative Economics (Clark and Fast 2008), specifically building a science of economics, grounded in understanding of organizations and what is beneath the surface of structures and activities. Economics should be, as a science, concerned with its...... assumptions and how to develop and formulate theories of ideas and reality that produce descriptions of how to understand phenomenon that create experiences, hypotheses generation and replicable data which need to be connected to everyday business life. Economics has to start with a discussion of philosophy...

  12. Qualitative Economics

    DEFF Research Database (Denmark)

    Fast, Michael; Clark, Woodrow

    2012-01-01

    first of all is about two things; it is about interaction and it is about construction. If we are not able to understand and describe how people interact and construct, we cannot develop any theory of economics or understand human dynamics. So there are two issues to reflect upon: the object of thought......Focus in this paper is on building a science of economics, grounded in understanding of organizations and what is beneath the surface of economic structures and activities. As a science Economics should be concerned with its assumptions, logic and lines of arguments, and how to develop theories...... and formulate ideas of reality. There is a disconnection between a science of economics focuses on structures and universal laws from what is experienced in everyday of life of business activity. The everyday of life of business is processual, dynamic and contradictional. This discussion of how to understand...

  13. Post-Ike economic resilience along the Texas coast.

    Science.gov (United States)

    Lu, Ruoxi; Dudensing, Rebekka M

    2015-07-01

    The economic devastation resulting from recent natural disasters has spawned intense interest in programmes that promote regional resilience. The economic impacts of Hurricane Ike (September 2008) endured long beyond the storm's landfall, compounded by a national recession. This study analyses the pattern of post-Ike industrial growth in eight coastal counties of Texas, United States, and identifies sources of resilience and potential drivers of recovery. The results indicate that post-disaster growth patterns differ from established growth patterns. Levels of resilience vary across industrial sectors, and service sectors tend to lead a recovery. The resilience of the hotel and restaurant sector, for instance, suggests that the presence of relief workers might immunise certain sectors against a post-disaster economic downturn. Besides the sectors that are generally resilient, each county has its own distinct sectors that, depending on the extent of the damage suffered, tend to perform strongly after a disaster, owing to the characteristics of the respective county's economy. © 2015 The Author(s). Disasters © Overseas Development Institute, 2015.

  14. INDIVIDUAL CAREER IN THE CURRENT ECONOMIC CRISIS

    Directory of Open Access Journals (Sweden)

    Florin Alexandru LUCA

    2010-01-01

    Full Text Available Human resources represent the creative, active and coordinating element of the organisational activity, having a strong influence on the efficiency of the use of material, financial and information resources. The description of people as ”resources” highlights their importance and shows that their management requires high levels of genuine care and attention to people and professionalism. 2010 and 2011 are very difficult years for those who want to find a job. Flexibility and a decent salary are the reference words. The economy in a turbulent situation does not guarantee the safety of the jobs. The university graduates must make efforts and prove to have communication skills in order to obtain or keep the desired position. Our paper focusses on the aspects of career development for the young university graduates, thus treating a subject of wide interest these days.

  15. Ecological economics and economic growth.

    Science.gov (United States)

    Victor, Peter A

    2010-01-01

    Boulding's 1966 paper on the economics of spaceship Earth established the framework for ecological economics and an understanding of economic growth. In ecological economics, economies are conceptualized as open subsystems of the closed biosphere and are subject to biophysical laws and constraints. Economic growth measured as an increase in real gross domestic product (GDP) has generally been associated with increases in the use of energy and materials and the generation of wastes. Scale, composition, and technology are the proximate determinants of environmental impacts. They are often reduced to two: scale (GDP) and intensity (impact per unit GDP). New work described in this paper defines "green" growth as intensity that declines faster than scale increases. Similarly, "brown" growth occurs when intensity declines more slowly than increases in scale, and "black" growth happens when both scale and intensity increase. These concepts are then related to the environmental Kuznets curve, which can be understood as a transition from brown to green growth. Ecological economics provides a macroperspective on economic growth. It offers broad policy principles, and it challenges the primacy of economic growth as a policy objective, but many important questions remain.

  16. Putting a Price on the Landscape:The Economics of Green Infrastructure%景观的价值绿色基础设施的经济意义

    Institute of Scientific and Technical Information of China (English)

    妮可•哥伦布[英国; 邝嘉儒(翻译)

    2013-01-01

      在当前经济低迷的时代,维持绿色基础设施的持续投资已愈见困难,尤其是公共公园与绿色空间。随着人们对计算自然或“自然资产”的经济价值重新燃起兴趣,并明白到绿色空间是重要的生态系统服务的关键部分,越来越多的研究表明高质量的绿色基础设施能够为我们的城市带来广泛的经济、社会与环境效益。陈述了英国及其他地方的一些取得相当经济效益的项目例子与证明,其后研究了如何通过三个不同估值手段,对绿色基础设施的价值进行评估与量化。在目前经济低迷的大环境下,让客户与投资方确信投资公园与绿色空间的价值,使他们清楚有效地了解绿色空间所能带来的效益,确保其重视对土地使用与管理进行决策是至为关键的。%Sustaining the level of investment in green infrastructure in the current economic downturn is proving increasingly difficult, particularly in public parks and green spaces. However, with a recent renewed interest in calculating the economic value of nature – or‘natural capital’, and an understanding that green spaces are part of essential ecosystem services, there is a growing body of research evidence for the benefits of high quality green infrastructure in our towns and cities, across a broad spectrum of economic, social and environmental values. This article sets out the evidence, drawing on examples of projects and programmes, from the UK and elsewhere, which have demonstrated economic value. It then considers how practitioners can assess and quantify the value of green infrastructure using three different valuation tools which have recently been developed. The need to convince clients and funders of the value of investing in parks and green space is even more important in an economic downturn and it is critical that the many benefits that green space delivers are communicated clearly and effectively to

  17. Teorias econômicas de oferta de educação: evolução histórica, estado atual e perspectivas Economic theories of the supply of education: historical evolution, current state, and perspectives

    Directory of Open Access Journals (Sweden)

    Fábio D. Waltenberg

    2006-04-01

    Full Text Available Este artigo preocupa-se com uma faceta particular (o lado da oferta de uma das duas grandes linhas de pesquisa em economia da educação (aspectos econômicos dos sistemas educacionais. Apresentam-se a evolução histórica, o estado atual do debate e as perspectivas de desenvolvimento das teorias econômicas de oferta de educação, abarcando-se o período compreendido entre o início da década de 1960 e as contribuições mais recentes. Argumenta-se que as teorias tradicionais de economia da educação (capital humano e sinalização não deram tratamento adequado ao lado da oferta da educação. Mais tarde, os conceitos e o instrumental da microeconomia da firma foram mobilizados a fim de se tentar mapear a "tecnologia de produção de educação". A abordagem das funções de produção de educação, baseadas inicialmente apenas em insumos monetários, não foi suficiente para que se apreendesse toda a complexidade envolvida no processo de provisão de educação. Uma análise de artigos mais recentes revela três caminhos promissores para o desenvolvimento das teorias de oferta de educação: (i incluir insumos não monetários às funções de produção; (ii levar em consideração aspectos institucionais e organizacionais do sistema educativo; e (iii aprimorar as técnicas econométricas de estimação das funções de produção. Por fim, o artigo discute mais detidamente o primeiro desses três caminhos.The present article deals with a particular aspect (the side of the supply of one of the two main lines of research in the economics of education (economical aspects of educational systems. It shows the historical evolution, the current state, and the perspectives of development of the economic theories of education supply, covering the period from the early 1960s to the more recent contributions. It argues that the traditional theories of the economics of education (human capital and screening have not dealt adequately with the

  18. Circulation economics

    DEFF Research Database (Denmark)

    Ingebrigtsen, Stig; Jakobsen, Ove

    2006-01-01

    Purpose - This paper is an attempt to advance the critical discussion regarding environmental and societal responsibility in economics and business. Design/methodology/approach - The paper presents and discusses as a holistic, organic perspective enabling innovative solutions to challenges...... concerning the responsible and efficient use of natural resources and the constructive interplay with culture. To reach the goal of sustainable development, the paper argues that it is necessary to make changes in several dimensions in mainstream economics. This change of perspective is called a turn towards...... presupposes a perspective integrating economic, natural and cultural values. Third, to organize the interplay between all stakeholders we introduce an arena for communicative cooperation. Originality/value - The paper concludes that circulation economics presupposes a change in paradigm, from a mechanistic...

  19. Building economics

    DEFF Research Database (Denmark)

    Pedersen, D.O.(red.)

    Publikationen er på engelsk. Den omfatter alle indlæg på det fjerde internationale symposium om byggeøkonomi, der blev arrangeret af SBI for det internationale byggeforskningsråd CIB. De fem bind omhandler: Methods of Economic Evaluation, Design Optimization, Ressource Utilization, The Building...... Market og Economics and Technological Forecasting in Construction. Et indledende bind bringer statusrapporter for de fem forskningsområder, og det sidste bind sammenfatter debatten på symposiet....

  20. Economically Challenged

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    Policy makers must wrestle with how China can maintain stable GDP growth while overcoming inflation and natural disasters some economists believe that the country’s red-hot economic growth could slow down slightly this year. Yu Yongding,Director of World Economics and Politics at the Chinese Academy of Social Sciences,forecasts that China’s gross domestic product(GDP) growth rate,which was 11.9 percent

  1. Trends in mortality from septicaemia and pneumonia with economic development: an age-period-cohort analysis.

    Directory of Open Access Journals (Sweden)

    Irene O L Wong

    Full Text Available BACKGROUND: Hong Kong population has experienced drastic changes in its economic development in the 1940s. Taking advantage of Hong Kong's unique demographic and socioeconomic history, characterized by massive, punctuated migration waves from Southern China, and recent, rapid transition from a pre-industrialized society to the first ethnic Chinese community reaching "first world" status over the last 60 years (i.e., in two or three generations, we examined the longitudinal trends in infection related mortality including septicemia compared to trends in non-bacterial pneumonia to generate hypotheses for further testing in other recently transitioned economies and to provide generalized aetiological insights on how economic transition affects infection-related mortality. METHODS: We used deaths from septicemia and pneumonia not specified as bacterial, and population figures in Hong Kong from 1976-2005. We fitted age-period-cohort models to decompose septicemia and non-bacterial pneumonia mortality rates into age, period and cohort effects. RESULTS: Septicaemia-related deaths increased exponentially with age, with a downturn by period. The birth cohort curves had downward inflections in both sexes in the 1940s, with a steeper deceleration for women. Non-bacterial pneumonia-related deaths also increased exponentially with age, but the birth cohort patterns showed no downturns for those born in the 1940s. CONCLUSION: The observed changes appeared to suggest that better early life conditions may enable better development of adaptive immunity, thus enhancing immunity against bacterial infections, with greater benefits for women than men. Given the interaction between the immune system and the gonadotropic axis, these observations are compatible with the hypothesis that upregulation of the gonadotropic axis underlies some of the changes in disease patterns with economic development.

  2. Geothermal Energy: Current abstracts

    Energy Technology Data Exchange (ETDEWEB)

    Ringe, A.C. (ed.)

    1988-02-01

    This bulletin announces the current worldwide information available on the technologies required for economic recovery of geothermal energy and its use as direct heat or for electric power production. (ACR)

  3. The Waqf of Money as a Community Economic Empowerment Efforts

    Directory of Open Access Journals (Sweden)

    Diana Farid

    2016-07-01

    Full Text Available Waqaf is basically seen as one of the religious institutions in Islam which is relevant and functionally efforts to solve socio-economic problems and humanity, such as poverty alleviation, human resource development, and economic empowerment. The endowments are absolutely an important role in achieving a just social order. From the perspective of shapes, endowment money is seen as one of the solutions that can make endowments to be more productive. Because the money here will no longer to be used as a means of exchange, but more than it, we can explore it as a commodity to produce in the terms of economic development. Therefore, the cash money in the form of waqaf of money can result any benefit for the community. Appearances distribution of endowments can be used to productive activity in the era of economic downturn of the Islamic community in Indonesia. Now it should become the primary choice. In another sense, it is a productive waqaf endowment that must be a priority and dedicated its efforts to more fruitful. Thus, the sizes of different paradigms are done by the consumptive waqaf, because it gives a new hope for the majority of the Muslim community. Endowments are not willing to lead in worship of mahdhah which is directed to the consumptive waqaf. Using the findings of waqaf has been prioritized to give benefit in a very broad, including for economic empowerment, such as public facilities and worship activities, social facilities and educational activities as well as health, aid to poor people, displaced children, orphans, scholarship, progress and economic improvement for the people who needs the advancement of public welfare other non-contrary to the sharia business law.

  4. EPA guidance on mental health and economic crises in Europe.

    Science.gov (United States)

    Martin-Carrasco, M; Evans-Lacko, S; Dom, G; Christodoulou, N G; Samochowiec, J; González-Fraile, E; Bienkowski, P; Gómez-Beneyto, M; Dos Santos, M J H; Wasserman, D

    2016-03-01

    This European Psychiatric Association (EPA) guidance paper is a result of the Working Group on Mental Health Consequences of Economic Crises of the EPA Council of National Psychiatric Associations. Its purpose is to identify the impact on mental health in Europe of the economic downturn and the measures that may be taken to respond to it. We performed a review of the existing literature that yields 350 articles on which our conclusions and recommendations are based. Evidence-based tables and recommendations were developed through an expert consensus process. Literature dealing with the consequences of economic turmoil on the health and health behaviours of the population is heterogeneous, and the results are not completely unequivocal. However, there is a broad consensus about the deleterious consequences of economic crises on mental health, particularly on psychological well-being, depression, anxiety disorders, insomnia, alcohol abuse, and suicidal behaviour. Unemployment, indebtedness, precarious working conditions, inequalities, lack of social connectedness, and housing instability emerge as main risk factors. Men at working age could be particularly at risk, together with previous low SES or stigmatized populations. Generalized austerity measures and poor developed welfare systems trend to increase the harmful effects of economic crises on mental health. Although many articles suggest limitations of existing research and provide suggestions for future research, there is relatively little discussion of policy approaches to address the negative impact of economic crises on mental health. The few studies that addressed policy questions suggested that the development of social protection programs such as active labour programs, social support systems, protection for housing instability, and better access to mental health care, particularly at primary care level, is strongly needed.

  5. Economic Outcomes in Prosthodontics

    NARCIS (Netherlands)

    Bassi, Francesco; Carr, Alan B.; Chang, Ting-Ling; Estafanous, Emad W.; Garrett, Neal R.; Happonen, Risto-Pekka; Koka, Sreenivas; Laine, Juhani; Osswald, Martin; Reintsema, Harry; Rieger, Jana; Roumanas, Eleni; Salinas, Thomas J.; Stanford, Clark M.; Wolfaardt, Johan

    2013-01-01

    Purpose: A systematic literature review was conducted to identify the types of economic measures currently used in implant prosthodontics and determine the degree to which cost of care is considered in the context of any positive outcome of the care provided. Materials and Methods: A literature

  6. Economic Outcomes in Prosthodontics

    NARCIS (Netherlands)

    Bassi, Francesco; Carr, Alan B.; Chang, Ting-Ling; Estafanous, Emad W.; Garrett, Neal R.; Happonen, Risto-Pekka; Koka, Sreenivas; Laine, Juhani; Osswald, Martin; Reintsema, Harry; Rieger, Jana; Roumanas, Eleni; Salinas, Thomas J.; Stanford, Clark M.; Wolfaardt, Johan

    2013-01-01

    Purpose: A systematic literature review was conducted to identify the types of economic measures currently used in implant prosthodontics and determine the degree to which cost of care is considered in the context of any positive outcome of the care provided. Materials and Methods: A literature sear

  7. The Need of a New Economic Model

    Directory of Open Access Journals (Sweden)

    Alexandru Cătălin POPA

    2012-02-01

    Full Text Available The current global economic crisis has proven to be unpredictable for most decision-makers worldwide. Moreover, beliefs deeply embedded in the minds of economists about economics, about the virtues of capitalism and free market began to falter. Sooner or later the current crisis will end. The problem that arises and to which the economic science must answer is whether anything should be changed in the current world economic order and especially what exactly. It is quite vital to ask ourselves today in what kind of society we want to live and whether the current economic model, a model mainly based on monetarist ideas, is helping us to achieve those wishes. In addition to analyzing the root causes that led to the current economic crisis, this article aims to analyze whether the current economic model must change and to outline the features of a possible new model.

  8. A new economy? ICT investment and Australia's economic boom

    National Research Council Canada - National Science Library

    Keane, Chris

    2008-01-01

    Date over the significance of factors such as economic liberalisation and financial deregulation in Australia's current period of economic growth - the role of information and communications technology (ICT...

  9. Middle-Skilled Workforce Needs in a Changing Oil and Gas Industry: the Role of Flexibility. As the Oil Industry continues to shed jobs due to the global downturn in oil prices, one of the most vulnerable sectors to job loss are the middle-skilled workers such as the technicians and drill operators. We present options and ideas to mitigate the problem.

    Science.gov (United States)

    Waddell, K.

    2015-12-01

    Middle-skilled workers are those whose jobs require considerable skill but not an advanced degree. Nationwide, one-third of the projected job growth for 2010-2020 will require middle-skilled workers. The educational paths to these jobs include career and technical education (CTE), certificates and associate's degrees from community colleges, apprenticeship programs, and training provided by employers. In the oil industry, the demand is expected to about 150,000 jobs. In environmental restoration and monitoring, there will be a need for at least 15,000 middle-skilled workers. Examples of the types of jobs include geological and petroleum technicians, derrick and drill operators, and pump system and refinery operators for the oil and gas sector. For the environmental restoration and monitoring sector, the types of jobs include environmental science technicians, and forest (and coastal) conservation technicians and workers. However, all of these numbers will be influenced by the growth and contraction of the regional or national economy that is not uncommon in the private sector. Over the past year, for example, the oil and gas industry has shed approximately 75,000 jobs (out of a workforce of 600,000) here in the United States, due almost exclusively to the drop of oil prices globally. A disproportionate number of the lost jobs were among the middle-skilled workforce. Meanwhile, the recent settlements stemming from the Deepwater Horizon oil spill are expected to create a surge of environmental restoration activity in the Gulf of Mexico region that has the potential to create thousands of new jobs over the next decade and beyond. Consequently, there is a need to develop education, training and apprenticeship programs that will help develop flexibility and complementary skill sets among middle-skilled workers that could help reduce the impacts of economic downturns and meet the needs of newly expanding sectors such as the environmental restoration field. This

  10. Economic impacts of current harmonic from nonlinear loads on residential electricity distribution networks; Impactos economicos dos harmonicos de corrente das cargas nao lineares em redes eletricas de distribuicao residenciais

    Energy Technology Data Exchange (ETDEWEB)

    Duarte, Carlos Henrique

    2010-04-15

    To achieve more efficient energy use, power electronics systems (PES) may be employed. However, this introduce nonlinear loads into the system by generating undesired frequencies that are harmonic in relation to (multiples of) the fundamental frequency (60 Hz in Brazil). Consequently, devices using PES (power electronics systems) are more efficient but also contribute significantly to degradation of power quality. Besides this, both the conventional rules on design and operation of power systems and the usual premises followed in energy efficiency programs (without mentioning the electricity consumed by the devices themselves) consider the sinusoidal voltage and current waveforms at the fixed fundamental frequency (60 Hz in Brazil) of the power grid. Thus, analysis of electricity consumption reductions in energy efficiency programs that include the use of PES considers the reduction of kWh to the final consumer but not the additional losses caused by the increase in harmonic distortion. This dissertation investigates this problem by exploring a case study of the ownership and use of television sets (TV sets) to estimate the economic impacts of residential PES on a mainly residential electricity distribution system. (author)

  11. The Impact of Current Monetary Policy on the County's Economics%现行货币政策对县域经济金融的影响

    Institute of Scientific and Technical Information of China (English)

    隋俊基

    2011-01-01

    To control price hikes, to effectively manage the liquidity to guide rational growth of money and credit, People's Bank of China has conducted a continuous interest rate rise since 2010, especially for 2011, repeatedly raised the deposit reserve ratio. In this paper, we analyze the impact of present current monetary policy on the county's economics and make recommendations accordingly.%为控制物价过快上涨,有效管理流动性,引导货币信贷总量合理增长,中国人民银行提高调控的针对性,自2010年以来已连续多次加息,尤其进入2011年,连续多次上调存款准备金率。本文就稳健的货币政策对县域经济的影响进行了分析,并提出相应建议。

  12. 略论阿拉伯国家经济现状及其中阿(宁夏)经贸合作%A Preliminary Study on Current Economic Situation of Arab States and Economic and Trade Cooperation between China (Ningxia) and Arab

    Institute of Scientific and Technical Information of China (English)

    郭正礼; 丁克家; 金贵; 马敏

    2012-01-01

    本文分析了目前阿拉伯国家的经济现状,认为阿拉伯世界的市场贸易虽然呈现不断增长的发展趋势,但大多数阿拉伯国家和地区严重依赖粮食进口的状况以及阿拉伯国家市场上呈现出错综复杂的竞争态势却不容乐观。因此,中国与阿拉伯国家在内的西亚北非地区的经贸关系发展充满了机遇与挑战。双方良好的政治关系和巨大的经济互补性为经贸合作的深入开展奠定了坚实基础,但这一地区政治形势的脆弱性和经济结构的单一性,却为双方经贸关系的顺利发展带来挑战。文章最后进一步提出促进中阿经贸健康持续发展的建议对策和各种协调机制,并特别强调要实现中阿经贸论坛机制化和长效化的途径在于细化配套措施,发挥论坛的倍增效应。%Based on the analysis of current economic situation of Arab States, this paper think the market trade of Arab world has increased year by year. But the situation of most Arab states and areas that are heavily dependent on food imports and the complicated competition of Arab states market are less than encouraging. Thus the economic and trade relationships development has filled with the chances and challenges between China and WesternAsia and NorthernAfrica including the Arab states full of. The good political relationship and great economic complementari ties of both sides provide the base for deeper development of economic and trade cooperation. But the political fragil ity and economical singularity of Arab areas will bring a challenge to the cooperation relationship. In the latest part, these papers proposes the advisement and coordination mechanisms for healthy and continuous development of coop eration of both sides, and emphasize strongly the refining supporting measures and developing multiplication effect will be the approaches of institutionalization and lasting effect mechanism of ChinaArab Economy and Trade Forum.

  13. ECONOMIC AND FINANCIAL IMPLICATIONS OF THE PHARMACEUTICAL INDUSTRY IN ROMANIA

    Directory of Open Access Journals (Sweden)

    Georgiana Daniela Minculete Piko

    2014-09-01

    Full Text Available In the wake of the financial crisis, most industries witnessed an economic downturn also boosted by the austerity measures imposed by the state. The pharmaceutical sector is one of the few sectors that followed an upward trend. Although the economic and financial crisis has long taken hold of the entire world, the domino theory did not apply to this industry; instead, the “butterfly effect” became evident. The phrase refers to the fact that the wings of a butterfly create small changes that may finally alter the route of certain elements. In the pharmaceutical industry, minor changes in research and development finally led to spectacular innovations. At present, there are no such big investments in research and development in Romania as there are in Europe; yet, due to mergers and acquisitions between Romanian and foreign companies, the pharmaceutical sector in Romania significantly contributes to the creation of added value in terms of economic development. The added value of the pharmaceutical industry in our country has increased significantly in recent years. The purpose of this article is to highlight the financial and economic significance of the pharmaceutical industry in Romania. This industry is one with an average degree of concentration; thus, the average liquidity and solvency indicators in this sector were calculated with a view to emphasizing its financial independence. The findings of this research indicate a high level of financial independence in this industry, as pharmaceutical companies are able to meet payment deadlines. This study highlights the importance of such an industry in times of economic crisis, the financial stability of the pharmaceutical sector reinforcing the need for massive investment in research and development.

  14. Economic Interaction

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    At a hearing before the U.S.-China Economic and Security Review Commission on August 22,2006, James A. Dorn, Vice President for Academic Affairs, Cato Institute, offers his ideas on the impact of China's financial system and monetary policies on U.S. exchange rates, capital markets and interest rates. Excerpts follow.

  15. Economic Blues

    Science.gov (United States)

    Stuart, Reginald

    2009-01-01

    Today, a national economy gone bust has derailed Black Americans' plans across the country. Gone are many of the economic gains, small as they were, achieved in the post-segregation era by millions of 1960s generation children and their children. Black America today is beset by job losses, business closures, pay cuts, furloughs, investment and…

  16. Economic Analysis

    Energy Technology Data Exchange (ETDEWEB)

    Underhill, Gary K.; Carlson, Ronald A.; Clendinning, William A.; Erdos, Jozsef; Gault, John; Hall, James W.; Jones, Robert L.; Michael, Herbert K.; Powell, Paul H.; Riemann, Carl F.; Rios-Castellon, Lorenzo; Shepherd, Burchard P.; Wilson, John S.

    1976-01-01

    The purpose of this chapter is to present an economic evaluation of electric power production from geopressured geothermal resources in Texas. An effort has been made to obtain the most realistic data concerning the investment and production costs of a geothermal power generation system, sited on a model geopressured geothermal resource.

  17. Building economics

    DEFF Research Database (Denmark)

    Pedersen, D.O.(red.)

    Publikationen er på engelsk. Den omfatter alle indlæg på det fjerde internationale symposium om byggeøkonomi, der blev arrangeret af SBI for det internationale byggeforskningsråd CIB. De fem bind omhandler: Methods of Economic Evaluation, Design Optimization, Ressource Utilization, The Building...

  18. Economic impact

    Energy Technology Data Exchange (ETDEWEB)

    Technology Transfer Department

    2001-06-01

    In federal fiscal year 2000 (FY00), Berkeley Lab had 4,347 full- and part-time employees. In addition, at any given time of the year, there were more than 1,000 Laboratory guests. These guests, who also reside locally, have an important economic impact on the nine-county Bay Area. However, Berkeley Lab's total economic impact transcends the direct effects of payroll and purchasing. The direct dollars paid to the Lab's employees in the form of wages, salaries, and benefits, and payments made to contractors for goods and services, are respent by employees and contractors again and again in the local and greater economy. Further, while Berkeley Lab has a strong reputation for basic scientific research, many of the Lab's scientific discoveries and inventions have had direct application in industry, spawning new businesses and creating new opportunities for existing firms. This analysis updates the Economic Impact Analysis done in 1996, and its purpose is to describe the economic and geographic impact of Laboratory expenditures and to provide a qualitative understanding of how Berkeley Lab impacts and supports the local community. It is intended as a guide for state, local, and national policy makers as well as local community members. Unless otherwise noted, this analysis uses data from FY00, the most recent year for which full data are available.

  19. Economic Equilibrium

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    China bounces back from several setbacks during the first half of this year to maintain its double-digit economic growth China’s economy withstood dis- ruptions to its agricultural sector caused by snow storms at the beginning of this year and the Sichuan earthquake in May and posted eco-

  20. Mystical Economics

    Directory of Open Access Journals (Sweden)

    Marin Dinu

    2012-04-01

    Full Text Available The world envisioned by Economics resembles the Garden of Eden, where everything came from God, the pre-primordial sin people having nothing else to do but wait for the natural rhythms, set by the invisible hand, which is moved by the will and the power of the Creator.

  1. ECONOMIC GEOLOGY

    Institute of Scientific and Technical Information of China (English)

    2014-01-01

    <正>20142114Lin Quansheng(China University of Geosciences,Bejing 100083,China)On the Geologic Characteristics and Economic Significance of the Cambrian Lintian Group in Fujian Province(Geology of Fujian,ISSN1001-3970,CN35-1080/P,32(4),2013,p.264-273,2illus.,2tables,6refs.)

  2. The current situation of leisure sports papers published in Journal of Sports Economics%《体育经济杂志》刊发休闲体育论文的现状及其启示

    Institute of Scientific and Technical Information of China (English)

    黄波

    2014-01-01

    对2003—2012年《体育经济杂志》上发表的论文进行综述,分析国内外休闲体育研究现状,探讨我国休闲体育研究存在的问题并提出对策。研究表明,国外体育休闲研究现状是以定量分析为主、学科交叉合作成熟、主流研究方向是体育观赏和休闲体育旅游产业、研究对象的区域分布主要集中在欧美地区。提出我国休闲体育研究应丰富研究方法、加强学科交叉合作、扩展研究范围、弥补体育观赏性研究的缺失、优化论文摘要写作的建议。%Using document analysis method and comparative analysis approach, research papers published in Journal of Sports Economics from 2003 to 2012 , the author studies the current situation of foreign Leisure Sports papers.By comparing with the current situation of domestic Leisure Sports papers, it can be found the problems existing in domestic research on leisure sports and some reasonable suggestions are proposed.The results show that foreign leisure sports paper mainly uses quantitative analysis and has a deep corporation with other academic disciplines, while a large number of these articles are about sports watching and sport-based tourism and nearly all the countries researched are in European and America.In contrary with the current situation of domestic leisure sports paper research , the author advises that researchers at home should use more kinds of studying methods, deepen the corporation with other academic disciplines, expand the subjects in the research, pay more attention to the sports watching and keep the abstract of the paper concise and stress the key points.

  3. [Economic crime].

    Science.gov (United States)

    Dinitz, S

    1976-01-01

    Economic crime, often also referred to as white collar crime, is one of the most incidious and predatory of offenses. Unlike street crime, for which there may well be some protection, the average citizen is completely at the mercy of the perpetrators of economic crimes. The concept of white collar crime was first identified by Edwin H. Sutherland. He dealt with the problem as a violation of trust involving either or both misrepresentation and duplicity. He argued for the use of criminal sanctions rather than civil remedies as a means of dealing with white collar offenses. Sutherland's views were attacked by the legal profession, by sociologists and criminologists and by public opinion specialists. They contended that an act treated in civil court is not a crime; that criminals are those persons who are defined as such and white collar criminals are neither so defined nor do they define themselves as criminals and, finally, that economic crime is universal. Can anyone be criminal, then, ask the critics? A number of studies by Clinard, Quinney, Black, Ball, Cressey, Newman and others have translated the interest in white collar crime into empirical terms. The last thirty-five years have also witnessed the elaboration and alteration of the theory itself. Geis' work has been particularly important in this respect. His "street" versus "suite" crime is a useful dichotomy. Most important, however, have been the monograph and papers by Herbert Edelhertz who has conceptualized the issues on various levels - from consumer fraud to the illegal activities of the multinational corporation. This article is concerned with the exposition of the theory and research in the field. Most significant, the paper raises serious doubts whether the problem of economic crime can be researched and studied; it raises even more difficult issues concerning the legal and sociological implications of economic crime and of its prevention, management and control.

  4. ECONOMIC CRISIS AND ECONOMIC DISPARITIES IN EUROPEAN UNION

    Directory of Open Access Journals (Sweden)

    Rodica CRUDU

    2015-09-01

    Full Text Available The impact of the economic and financial crisis is still being felt. It started as an acute crisis of the banking system, but then quickly affected the real economy, causing a substantial slump in business investment, household demand and output. The current economic crisis has affected almost all European countries but the countries of the European south and the former eastern socialist republics have suffered the most. The objective in this paper is to quantify economic disparities as expressed by several growth indicators, such as GDP per capita, employment/unemployment rates, labour productivity rates and use them to compare the economic performances before and after the crisis. EU took several measures to recover from the economic crisis. Nevertheless, its ability to adjust to widely diverse national and local contexts that have been impacted differently by the effects of the crisis, and to support the different patterns of economic growth that will result from it, is yet to be seen.

  5. Economic Optimism

    Institute of Scientific and Technical Information of China (English)

    2009-01-01

    Ever since January 14 when the Chinese Government unveiled plans to revamp the steel and automobile sectors, the country has embarked on an ambitious and comprehensive scheme of restructuring some of its key industries. This was done in an effort to keep the economy on track amid an adverse economic situation. Eight other sectors have been added into this revitalization package, ranging from electronics and information technologies to textiles, shipbuilding and petrochemicals,

  6. Economic analysis

    Energy Technology Data Exchange (ETDEWEB)

    None

    1980-06-01

    The Energy Policy and Conservation Act (EPCA) mandated that minimum energy efficiency standards be established for classes of refrigerators and refrigerator-freezers, freezers, clothes dryers, water heaters, room air conditioners, home heating equipment, kitchen ranges and ovens, central air conditioners, and furnaces. EPCA requires that standards be designed to achieve the maximum improvement in energy efficiency that is technologically feasible and economically justified. Following the introductory chapter, Chapter Two describes the methodology used in the economic analysis and its relationship to legislative criteria for consumer product efficiency assessment; details how the CPES Value Model systematically compared and evaluated the economic impacts of regulation on the consumer, manufacturer and Nation. Chapter Three briefly displays the results of the analysis and lists the proposed performance standards by product class. Chapter Four describes the reasons for developing a baseline forecast, characterizes the baseline scenario from which regulatory impacts were calculated and summarizes the primary models, data sources and assumptions used in the baseline formulations. Chapter Five summarizes the methodology used to calculate regulatory impacts; describes the impacts of energy performance standards relative to the baseline discussed in Chapter Four. Also discussed are regional standards and other program alternatives to performance standards. Chapter Six describes the procedure for balancing consumer, manufacturer, and national impacts to select standard levels. Details of models and data bases used in the analysis are included in Appendices A through K.

  7. Economic Decision Making: Application of the Theory of Complex Systems

    Science.gov (United States)

    Kitt, Robert

    In this chapter the complex systems are discussed in the context of economic and business policy and decision making. It will be showed and motivated that social systems are typically chaotic, non-linear and/or non-equilibrium and therefore complex systems. It is discussed that the rapid change in global consumer behaviour is underway, that further increases the complexity in business and management. For policy making under complexity, following principles are offered: openness and international competition, tolerance and variety of ideas, self-reliability and low dependence on external help. The chapter contains four applications that build on the theoretical motivation of complexity in social systems. The first application demonstrates that small economies have good prospects to gain from the global processes underway, if they can demonstrate production flexibility, reliable business ethics and good risk management. The second application elaborates on and discusses the opportunities and challenges in decision making under complexity from macro and micro economic perspective. In this environment, the challenges for corporate management are being also permanently changed: the balance between short term noise and long term chaos whose attractor includes customers, shareholders and employees must be found. The emergence of chaos in economic relationships is demonstrated by a simple system of differential equations that relate the stakeholders described above. The chapter concludes with two financial applications: about debt and risk management. The non-equilibrium economic establishment leads to additional problems by using excessive borrowing; unexpected downturns in economy can more easily kill companies. Finally, the demand for quantitative improvements in risk management is postulated. Development of the financial markets has triggered non-linearity to spike in prices of various production articles such as agricultural and other commodities that has added market

  8. Food economics

    DEFF Research Database (Denmark)

    Hansen, Henning Otte

    Food and food markets still enjoy a pivotal role in the world economy and the international food industry is moving towards greater consolidation and globalization, with increased vertical integration and changes to market structure. Companies grow bigger in order to obtain economies of scale...... and issues and such as food security, quality, obesity and health are ever important factors. This book describes the link between food markets and food companies from a theoretical and a business economics perspective. The relationships, trends and impacts on the international food market are presented...

  9. Economic Facelift

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    Wu Jinglian, 74, is a respected Chinese economist. He has been a visiting professor at Yale University, MIT, Stanford University and Oxford University and is now a member of the Executive Committee (2005-08) of the International Economic Association. Wu's outspoken viewpoint in 2001 that China's stock markets are more ruthless than casinos created a big stir, but it also earned him widespread respect. At a recent forum held by the China Europe International Business School, Wu talked about why and how Ch...

  10. Food economics

    DEFF Research Database (Denmark)

    Hansen, Henning Otte

    and issues and such as food security, quality, obesity and health are ever important factors. This book describes the link between food markets and food companies from a theoretical and a business economics perspective. The relationships, trends and impacts on the international food market are presented......Food and food markets still enjoy a pivotal role in the world economy and the international food industry is moving towards greater consolidation and globalization, with increased vertical integration and changes to market structure. Companies grow bigger in order to obtain economies of scale...

  11. Theory of economic regulation: new aspect

    Directory of Open Access Journals (Sweden)

    Evtuh Alexander Tihonovich

    2016-12-01

    Full Text Available The article covers the key aspects of the economic relations based upon the current state of economy. A new view on the economic norms and standards and their interrelation has been offered. Proved by the retrospective analysis, the significance of regulation of the economic processes is substantiated.

  12. Discours Economique: Expliquer (Economic Discourse: An Explanation).

    Science.gov (United States)

    Le Ninan, Claude

    1996-01-01

    Discusses the objectives of the study of Economics, which include anticipating future events and explaining current developments. The article points out that an acquaintance with past economic developments enhances the ability to predict the future. Research into the reasons for economic events often can uncover the multiple causes of a given…

  13. Behavioral economics: Reunifying psychology and economics

    OpenAIRE

    Camerer, Colin

    1999-01-01

    “Behavioral economics” improves the realism of the psychological assumptions underlying economic theory, promising to reunify psychology and economics in the process. Reunification should lead to better predictions about economic behavior and better policy prescriptions.

  14. Economic Stressors and Psychological Distress: Exploring Age Cohort Variation in the Wake of the Great Recession.

    Science.gov (United States)

    Brown, Robyn Lewis; Richman, Judith A; Rospenda, Kathleen M

    2017-08-01

    This study examined processes linking age cohort, economic stressors, coping strategies and two indicators of psychological distress (i.e. depressive symptoms and anxiety symptoms). Structural equation models were conducted utilizing data from a national survey that was undertaken in order to understand life change consequences of the period of economic downturn from 2007 to 2009 known as the Great Recession. Findings revealed that the associations between economic stressors and symptoms of both depression and anxiety were significantly greater for members of the millennial cohort compared with baby boomers. These effects are partly explained by the greater tendency of members of the baby boomer cohort to use active coping strategies. These findings clarify the circumstances in which age matters most for the associations among economy-related stressors, coping strategies and psychological well-being. They highlight how difficult economic circumstances influence the availability of coping strategies and, in turn, psychological well-being-and differently for younger and older age cohorts. Copyright © 2016 John Wiley & Sons, Ltd. Copyright © 2016 John Wiley & Sons, Ltd.

  15. China’s economic performance and prospects for the first half of 2009

    Institute of Scientific and Technical Information of China (English)

    2009-01-01

    China’s economic downturn has been brought under control with a series of stimulus policies,and the economy is in a critical period of stable recovery.In the first half of this year,its GDP growth reached 7.1%,and is expected to rise in the second half of the year.Overall,the annual growth rate for this year may exceed the goal of 8%. Maintaining growth remains a top priority of the next stage of macro-regulation,and China must steadfastly implement a proactive fiscal policy and moderately relaxed monetary policy.In maintaining growth and expanding domestic consumption,China should be patient,follow the laws of economic development,and properly balance the urgent economic growth priorities with long-term sustainable development.Macro-regulation should highlight transformation of growth pattern,strategic restructuring and improvement of economic efficiency.We should implement the policies that have been alrendy issued,and make policy preparations against emerging domestic and international situations and problems.

  16. The Icelandic economic collapse, smoking, and the role of labor-market changes.

    Science.gov (United States)

    Ólafsdóttir, Thorhildur; Hrafnkelsson, Birgir; Ásgeirsdóttir, Tinna Laufey

    2015-05-01

    Smoking is related to health deterioration through increased risk of various diseases. Changes in this health behavior could contribute to the documented health improvements during economic downturns. Furthermore, the reasons for changes in behavior are not well understood. We explore smoking behavior in Iceland before and after the sudden and unexpected economic crisis in 2008. Furthermore, to explore the mechanisms through which smoking could be affected we focus on the role of labor-market changes. Both real income and working hours fell significantly and economic theory suggests that such changes can affect health behaviors which in turn affect health. We use individual longitudinal data from 2007 to 2009, incidentally before and after the crisis hit. The data originates from a postal survey, collected by The Public Health Institute in Iceland. Two outcomes are explored: smoking participation and smoking intensity, using pooled ordinary least squares (OLS) and linear probability models. The detected reduction in both outcomes is not explained by the changes in labor-market variables. Other factors in the demand function for tobacco play a more important role. The most notable are real prices which increased in particular for imported goods because of the devaluation of the Icelandic currency as a result of the economic collapse.

  17. GLOBAL RECESSION AND ASIAN GROWTH: EXPERIENCE AND PROSPECTS

    OpenAIRE

    Dowling, John Malcolm

    2015-01-01

    The paper outlines current macroeconomic developments in industrial countries and explains how slower growth in these economies is being transmitted to developing economies in Asia. The macroeconomic outlook for industrial countries in 2009 is discussed along with the transmission mechanism that has brought the global downturn tothe Asian economies. Monetary and fiscal policy adjustments in Asian economies have been implemented to address the downturn in economic activity and these policies a...

  18. ECONOMIC SUSTAINABILITY

    Directory of Open Access Journals (Sweden)

    Aurel MARIN

    2013-12-01

    Full Text Available This article aims to highlight the quality of life that depends on necessary, harmonious and simultaneous satisfying of all human needs, instead of „one at a time”, health and economic insecurity being at the very foundation of it. A society that is focused on quality of life will be a society centered on the individual, their needs and aspirations. It needs to offer alternatives and choices of the individual and not to impose models. Coercion of society over the individual is an objective and necessary phenomenon. Its deepening is not, however, as required. Social environment based on quality of life must be characterized by the maximum possible degree of permissiveness in which the individual is educated in its contribution to social awareness.

  19. CAN LIGNOCELLULOSE BIOSYNTHESIS BE THE KEY TO ITS ECONOMICAL DECONSTRUCTION?

    Directory of Open Access Journals (Sweden)

    Lucian A. Lucia

    2010-05-01

    Full Text Available It is ironic to think that the venerable pulp and paper industry is now considering ways to degrade cellulose. This notion can be understood as a way that the industry can face a protracted downturn in profitability and ever-mounting socio-economic pressures to enhance the efficiency of biofuels production. Many approaches have been recently taken to deconstruct cellulosic biomass, but this Editorial explores one key that may start to explain the increasing momentum in the biofuels community – biotechnology. Two approaches appear to be possible as scientists search for an effective way to unzip cellulose to its key constituents through the use of biotechnology. On the one hand, there are efforts to re-engineer the chemical composition of the tree, rendering it more digestible by enzymes and decreasing the need for mechanical or chemical pretreatment. On the other hand, what we are learning about lignocellulose biosynthesis can be of potential help in designing more efficient systems to essentially reverse that process.

  20. Effects of the world economic crisis on exports in the CEEC: Focus on the Western Balkans

    Directory of Open Access Journals (Sweden)

    Bjelić Predrag

    2013-01-01

    Full Text Available The world economic crisis that paralyzed the world economy in 2008 and 2009 had a profound impact on all countries in the world. Due to the interconnectedness of national economies the crisis spread rapidly from its centre in the United States to the world. There were two main transmission channels for the spread of the crisis between countries - international trade and the exchange of private capital between states in the form of foreign direct investment (FDI. This economic downturn has greatly influenced the domestic economic stability of the Western Balkan economies. The Western Balkan countries have shaped their economic policy towards European Union (EU membership, resulting in a high degree of liberalization in international economic relations accompanied by a commitment to free international capital movement. Since this region has close economic ties with the EU the crisis spread to the region very quickly, manifesting itself in decreasing regional exports to the EU market and a downward trend of FDI inflow to the region. This paper will focus on the impact of the world economic crisis on the Western Balkan economies and especially on their exports and FDI inflow. Our empirical analysis, based on panel data, uses a wider sample of Central and Eastern European Countries (CEEC which includes the Western Balkans, since we wanted to analyze if the effects of the economic crisis in the Western Balkans are specific or are common to most countries in transition. The analysis shows that Western Balkan exports have suffered due to the crisis, but reveals some interesting results on the different dynamics of export flows which depend on regional trade integration for their destination.

  1. Business history and economic globalisation

    OpenAIRE

    Ekberg, Espen; Lange, Even

    2014-01-01

    Recent reviewers of the current state and future direction of business history have complained that, despite the growth of business history as a distinct academic discipline in recent decades, the field has tended to become side-lined in a number of debates which traditionally have been of major concern to business and economic historians. The paper discusses this issue by focusing on one of the major fields of research among economic historians and social scientists in recent years, namely t...

  2. Economic development and Islam revisited

    OpenAIRE

    Hasan, Zubair

    2016-01-01

    This paper is a thoroughly revised, enlarged and updated version of a 1992 publication. It deals with the concept objectives and priorities of economic development from an Islamic perspective. The paper attempts to integrate the Islamic positions with mainstream definitions and approaches to development to put issues in an operable mode. It discusses problems Muslim countries currently face on the economic front and suggest ways to come out of their predicament... The paper constitutes one of...

  3. French Economics of Convention and Economic Sociology

    DEFF Research Database (Denmark)

    Jagd, Søren

    The French Economics of convention tradition has developed to be an influential research tradition situated in the area between economics and sociology. The aim of the paper is to explore some of the themes that may be common to economics of conventions and economic sociology by looking more...

  4. French Economics of Convention and Economic Sociology

    DEFF Research Database (Denmark)

    Jagd, Søren

    The French Economics of convention tradition has developed to be an influential research tradition situated in the area between economics and sociology. The aim of the paper is to explore some of the themes that may be common to economics of conventions and economic sociology by looking more...... closely into three recent texts from the economics of convention tradition discussing, in slightly different ways, differences and similarities between economics of convention and economic sociology. It is argued that André Orléan’s point that a common aim could be to ‘denaturalise’ the institutional...... foundation of markets and of money may be an occasion for economic sociology to focus even more on elaborating on the institutional void created by traditional economic theory. A second point is that economic sociology could benefit from the perspective of a plurality of forms of coordination involved...

  5. Economics of Convention and New Economic Sociology

    DEFF Research Database (Denmark)

    Jagd, Søren

    2007-01-01

    The aim of the article is to explore potential common themes in economic sociology and economics of conventions. The article explores two issues raised by economics of conventions that may be of particular importance to economic sociology. First, the explicit exploration of the consequences...... of a plurality of forms of justification, as elaborated in économie de la grandeur. This perspective was recently taken up in economic sociology by David Stark's introduction of the notion ‘sociology of worth'. The second issue, recently suggested by André Orléan, is the need to denaturalize economic theory...... and economic action to demonstrate the social constructed nature of economic action. It is argued that these two issues demonstrate that a fruitful dialogue is indeed possible between economic sociology and economics of convention and should be encouraged....

  6. Bias within economic evaluations – the impact of considering the future entry of lower-cost generics on currently estimated incremental cost-effectiveness ratios of a new drug

    Directory of Open Access Journals (Sweden)

    Guertin JR

    2015-10-01

    Full Text Available Jason R Guertin,1,2 Dominic Mitchell,1,3 Farzad Ali,4 Jacques LeLorier1 1CHUM Research Center, Montréal, QC, 2Programs for Assessment of Health Technology in Health Research Institute, Hamilton, ON, 3Logimétrix Inc., Repentigny, 4Pfizer Canada Inc., Kirkland, QC, Canada Background: Most economic evaluation models compare a new patented drug (NPRx to a generic comparator. Drug costs within these models are usually limited to the retail cost of both drugs at the time of model conception. However, the retail cost of the NPRx is expected to drop once generic versions of this molecule are introduced following the expiration of the NPRx’s patent. The objective of this study was to examine the impact on the incremental cost-effectiveness ratio (ICER of the future introduction of lower-cost generic versions of the NPRx within the model’s time horizon. Methods: We examined the impact of this parameter with the use of two approaches: 1 a mathematical proof identifying its impact on the NPRx’s ICER; and 2 applying this parameter to a previously published economic model comparing a NPRx to a generic comparator and identifying what would have been the NPRx’s ICER had this model considered this parameter. Results: As expected, both the mathematical proof and the application to the previously published economic model showed that considering the future introduction of lower-cost generic versions of the NPRx within the model’s time horizon lowers the NPRx’s ICER. The timing of the future entry of lower-cost generic molecules, their relative price compared to that of the patented version, and the discount rate applied to future costs all influenced the results. Conclusion: An ICER estimated within economic evaluations comparing NPRx to generic comparators which ignore the future introduction of lower-cost generic versions of the NPRx within the model’s time horizon will tend to be overestimated. Inclusion of this parameter should be considered

  7. Economic recession and health

    Directory of Open Access Journals (Sweden)

    Eleni Theocharous

    2014-12-01

    Full Text Available The economic crisis, which struck in Europe since 2008, has raised concerns about the health of the less privileged, vulnerable and poor people of the continent - the ordinary people of Europe. There is currently sufficient evidence for the negative and, in certain countries, devastating effects of austerity policies on the financing of health and other services of general interest, essential to promote the proper functioning of our economies and the cohesion of our societies. This evidence proves that health and social services are seriously impaired.

  8. Estimating Green Net National Product for Puerto Rico: An Economic Measure of Sustainability

    Science.gov (United States)

    Wu, Shanshan; Heberling, Matthew T.

    2016-04-01

    This paper presents the data sources and methodology used to estimate Green Net National Product (GNNP), an economic metric of sustainability, for Puerto Rico. Using the change in GNNP as a one-sided test of weak sustainability (i.e., positive growth in GNNP is not enough to show the economy is sustainable), we measure the movement away from sustainability by examining the change in GNNP from 1993 to 2009. In order to calculate GNNP, we require both economic and natural capital data, but limited data for Puerto Rico require a number of simplifying assumptions. Based on the environmental challenges faced by Puerto Rico, we include damages from air emissions and solid waste, the storm protection value of mangroves and the value of extracting crushed stone as components in the depreciation of natural capital. Our estimate of GNNP also includes the value of time, which captures the effects of technological progress. The results show that GNNP had an increasing trend over the 17 years studied with two periods of negative growth (2004-2006 and 2007-2008). Our additional analysis suggests that the negative growth in 2004-2006 was possibly due to a temporary economic downturn. However, the negative growth in 2007-2008 was likely from the decline in the value of time, suggesting the island of Puerto Rico was moving away from sustainability during this time.

  9. Obesity, chronic disease, and economic growth: a case for "big picture" prevention.

    Science.gov (United States)

    Egger, Garry

    2011-01-01

    The discovery of a form of chronic, low-grade systemic inflammation ("metaflammation") linked with obesity, but also associated with several lifestyle-related behaviours not necessarily causing obesity, suggests a re-consideration of obesity as a direct cause of chronic disease and a search for the main drivers-or cause of causes. Factors contributing to this are considered here within an environmental context, leading to the conclusion that humans have an immune reaction to aspects of the modern techno-industrial environment, to which they have not fully adapted. It is suggested that economic growth-beyond a point-leads to increases in chronic diseases and climate change and that obesity is a signal of these problems. This is supported by data from Sweden over 200 years, as well as "natural" experiments in disrupted economies like Cuba and Nauru, which have shown a positive health effect with economic downturns. The effect is reflected both in human health and environmental problems such as climate change, thus pointing to the need for greater cross-disciplinary communication and a concept shift in thinking on prevention if economic growth is to continue to benefit human health and well-being.

  10. System dynamics modeling for municipal water demand estimation in an urban region under uncertain economic impacts.

    Science.gov (United States)

    Qi, Cheng; Chang, Ni-Bin

    2011-06-01

    Accurate prediction of municipal water demand is critically important to water utilities in fast-growing urban regions for drinking water system planning, design, and water utility asset management. Achieving the desired prediction accuracy is challenging, however, because the forecasting model must simultaneously consider a variety of factors associated with climate changes, economic development, population growth and migration, and even consumer behavioral patterns. Traditional forecasting models such as multivariate regression and time series analysis, as well as advanced modeling techniques (e.g., expert systems and artificial neural networks), are often applied for either short- or long-term water demand projections, yet few can adequately manage the dynamics of a water supply system because of the limitations in modeling structures. Potential challenges also arise from a lack of long and continuous historical records of water demand and its dependent variables. The objectives of this study were to (1) thoroughly review water demand forecasting models over the past five decades, and (2) propose a new system dynamics model to reflect the intrinsic relationship between water demand and macroeconomic environment using out-of-sample estimation for long-term municipal water demand forecasts in a fast-growing urban region. This system dynamics model is based on a coupled modeling structure that takes into account the interactions among economic and social dimensions, offering a realistic platform for practical use. Practical implementation of this water demand forecasting tool was assessed by using a case study under the most recent alternate fluctuations of economic boom and downturn environments.

  11. Why Did People Move During the Great Recession?: The Role of Economics in Migration Decisions.

    Science.gov (United States)

    Levy, Brian L; Mouw, Ted; Daniel Perez, Anthony

    2017-04-01

    Labor migration offers an important mechanism to reallocate workers when there are regional differences in employment conditions. Whereas conventional wisdom suggests migration rates should increase during recessions as workers move out of areas that are hit hardest, initial evidence suggested that overall migration rates declined during the Great Recession, despite large regional differences in unemployment and growth rates. In this paper, we use data from the American Community Survey to analyze internal migration trends before and during the economic downturn. First, we find only a modest decline in the odds of adults leaving distressed labor market areas during the recession, which may result in part from challenges related to the housing price crash. Second, we estimate conditional logit models of destination choice for individuals who migrate across labor market areas and find a substantial effect of economic factors such as labor demand, unemployment, and housing values. We also estimate latent class conditional logit models that test whether there is heterogeneity in preferences for destination characteristics among migrants. Over all, the latent class models suggest that roughly equal percentages of migrants were motivated by economic factors before and during the recession. We conclude that fears of dramatic declines in labor migration seem to be unsubstantiated.

  12. Estimating Green Net National Product for Puerto Rico: An Economic Measure of Sustainability.

    Science.gov (United States)

    Wu, Shanshan; Heberling, Matthew T

    2016-04-01

    This paper presents the data sources and methodology used to estimate Green Net National Product (GNNP), an economic metric of sustainability, for Puerto Rico. Using the change in GNNP as a one-sided test of weak sustainability (i.e., positive growth in GNNP is not enough to show the economy is sustainable), we measure the movement away from sustainability by examining the change in GNNP from 1993 to 2009. In order to calculate GNNP, we require both economic and natural capital data, but limited data for Puerto Rico require a number of simplifying assumptions. Based on the environmental challenges faced by Puerto Rico, we include damages from air emissions and solid waste, the storm protection value of mangroves and the value of extracting crushed stone as components in the depreciation of natural capital. Our estimate of GNNP also includes the value of time, which captures the effects of technological progress. The results show that GNNP had an increasing trend over the 17 years studied with two periods of negative growth (2004-2006 and 2007-2008). Our additional analysis suggests that the negative growth in 2004-2006 was possibly due to a temporary economic downturn. However, the negative growth in 2007-2008 was likely from the decline in the value of time, suggesting the island of Puerto Rico was moving away from sustainability during this time.

  13. Obesity, Chronic Disease, and Economic Growth: A Case for “Big Picture” Prevention

    Directory of Open Access Journals (Sweden)

    Garry Egger

    2011-01-01

    Full Text Available The discovery of a form of chronic, low-grade systemic inflammation (“metaflammation” linked with obesity, but also associated with several lifestyle-related behaviours not necessarily causing obesity, suggests a re-consideration of obesity as a direct cause of chronic disease and a search for the main drivers—or cause of causes. Factors contributing to this are considered here within an environmental context, leading to the conclusion that humans have an immune reaction to aspects of the modern techno-industrial environment, to which they have not fully adapted. It is suggested that economic growth—beyond a point—leads to increases in chronic diseases and climate change and that obesity is a signal of these problems. This is supported by data from Sweden over 200 years, as well as “natural” experiments in disrupted economies like Cuba and Nauru, which have shown a positive health effect with economic downturns. The effect is reflected both in human health and environmental problems such as climate change, thus pointing to the need for greater cross-disciplinary communication and a concept shift in thinking on prevention if economic growth is to continue to benefit human health and well-being.

  14. CRISIS FOCUS Downturn Risks Loom Large

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    Is the world heading for a better year after hitting rock bottom in 2009? Not necessarily. in, the outgoing Vice Governor of People’s Bank of China, said the world economy’s future looks bleak at a financial forum held in Beijing on April 11. Zhu is expected to resume his position as a special advisor at the International Monetary Fund (IMF) in May 2010. Edited excerpts follow:

  15. Does Student Quality Matter in the Teaching of Economic Principles?

    Science.gov (United States)

    Andreopoulos, Giuliana Campanelli; Panayides, Alexandros

    2010-01-01

    Economics is usually perceived as a difficult subject among undergraduate students and the literature suggests that the student's problems with principles of economics are mainly related to the chalk and talk type of teaching, the simplicity of economic models, limited discussions on current economic issues, and on race, gender, and other types of…

  16. The economic metabolism

    NARCIS (Netherlands)

    Heijman, W.J.M.

    1998-01-01

    Students in Technical and Agricultural faculties spend only a limited amount of time on general economics, environmental economics and resource economics. However, while their knowledge of economics may be limited, they often have adequate mathematical skills. The objective of The Economic

  17. Economic Sociology and Economics of Convention

    DEFF Research Database (Denmark)

    Jagd, Søren

    This paper is part of a larger exploration of the French Economics of Convention tradition. The aim of the paper is to explore potential themes of common interest to economic sociology and Economics of Conventions. The paper is in two parts. First, I summarise the main theoretical features of EC...... the institutional framework of social action. Second, I explore two issues raised by economics of conventions that may be particularly important to consider for economic sociology. The first issue is the explicit exploration of the consequences of a plurality of forms of justification suggested by Luc Boltanski...... and Laurent Thévenot in ‘économie de la grandeur’. This perspective has already been taken up in economic sociology in David Stark’s notion of a ‘Sociology of Worth’. The second issue, recently suggested by André Orléan, is the need to denaturalise economic theory and economic action to demonstrate the social...

  18. Human resources, physical resources and economic development: A foundation of human resource economics

    OpenAIRE

    Furuoka, Fumitaka

    2015-01-01

    Despite numerous studies on production inputs, such labour and capital, there is still a lack of systematic analysis on the crucial interaction between the human resources (HR) and physical resources (PR) in the process of economic development. Thus, the current paper aims to describe how these production resources would jointly determine the dynamics process of economic development. This holistic role of the HR in the economic development can be a foundation for the human resource economics.

  19. The Living Logical System Paradigm (SLV) – Economic Process and Economic Subject

    OpenAIRE

    2012-01-01

    The Paradigm of the Living Logical System (LLS) puts into debate the logical and ontological bases of the orthodox economic models concerning the knowledge of the economic processes. The restraining of the living logical system concept operates with a series of new concepts concerning the subject. Within the current material we attempt to define the concept of economic process, and to define the concept of economic subject. Aside from this endeavor we also consider to define the following con...

  20. Finding the economics in economic entomology.

    Science.gov (United States)

    Onstad, David W; Knolhoff, Lisa M

    2009-02-01

    To recommend new pest management tactics and strategies to farmers and policy makers, economic entomologists must evaluate the economics of biologically reasonable approaches. We collected data to determine how frequently these economic evaluations occur. We discovered from our survey of entomological journals representing the discipline of economic entomology that entomology is to ultimately determine the value of different kinds of tactics, the discipline may need to take steps to enhance the research that supports these evaluations.

  1. Economic Growth, Economic Freedom, and Governance

    OpenAIRE

    2008-01-01

    This exploratory study examines the impact of various forms of economic freedom and various dimensions of governance, as well as a number of economic factors, on economic growth among OECD nations. Empirical estimation finds that the natural log of per capita purchasing-power-parity adjusted real GDP in OECD nations is positively impacted by business freedom, monetary freedom, trade freedom, and property rights security. Economic growth is found to be negatively affected by perceived governme...

  2. Economic Growth Has Stabilized, the Pressure of Transformation and Upgrading Enlarges--Several Understandings of Current Economic Situation%经济增长企稳转型升级压力加大--对当前经济形势的几点认识

    Institute of Scientific and Technical Information of China (English)

    张立群

    2014-01-01

    The economic data in May, 2014 reflect stable growth of market demand and stable market expectations, the situation of stabilized economic growth is relatively obvious. From the second quarter of 2012, China’s economy has run at 7%~8% for 2 years in succession, the situaiton of moderate and high speed growth has basically established. Following the persistence of this growth situaiton, the pressure of economic transformaiton and upgrading increasingly enlarges and has become more and more important determinant of stable economic growth.%2014年5月份的经济数据反映市场需求增长平稳、市场预期平稳,经济增长企稳态势比较明显。从2012年第2季度开始,我国经济已经连续两年运行在7%~8%,中高速增长态势基本确立。随着这一增长态势的持续,经济转型升级的压力日益增大,开始成为经济平稳增长越来越重要的决定因素。

  3. Guiyang modern logistics industry and regional economic coordinated development of the Current Situation and Suggestions%贵阳市现代物流业与区域经济协调发展现状及对策建议

    Institute of Scientific and Technical Information of China (English)

    曾方俊

    2012-01-01

    根据现代物流业与区域经济协调发展的重要性和内在机理,对贵阳市现代物流业与区域经济发展现状进行调研,针对存在的问题,提出了相关对策建议。%According to the importance of the modem logistics industry and the coordinated development of regional economy and the internal mechanism of Guiyang City, the modem logistics industry and regional economic development research, development and put forward relevant suggestions for possible problems.

  4. Economic fundamentals: between consecration and contestation

    Directory of Open Access Journals (Sweden)

    Monica-Gabriela GHERMAN

    2012-09-01

    Full Text Available Currently, the whole world has fallen prey to the most profound and long recession in the history after the war. Based on the causes and effects of the current crisis, can we say exactly which is the best economic trend that evokes the reality of today? Representatives of classicism, neoclassicism, Keynesianism, monetarism, economic liberalism etc.? Economic laws will remain in the same stage or will change? Certainly, there will be an adjustment in economic thinking and the economic crisis will force us to choose a different economic model, based primarily on rationality, morality and temperance.We can even say that a quick return to the Middle Ages, the economic thinking of the scholars, who maintain those principles of economic life dependent and religious morality, by accepting the conditions of inequality as a source of virtue practiced, and detachment from wealth, combined with the principles of economic life in capitalism, could lead to a moral economic model, linking the two categories of facts: religion and economic development, as Max Weber stated in his book “Protestant Ethics and the Spirit of Capitalism”.

  5. The Cyclicity of the Development of the Global Economic System amid Present-Day Globalization

    Directory of Open Access Journals (Sweden)

    Mihail N. Dudin

    2014-10-01

    Full Text Available The relevance of this topic is associated with the diversity of causes behind crisis processes in economics and the individuality of each particular crisis. This necessitates classifying them in a detailed fashion. The present downturn is a manifestation of the cyclicity of the development of the global economic system amid present-day globalization and the established architecture of the institutional space. The formal (legislation, contractual rules, corporate norms, etc. and non-formal institutes (rules, customs, traditions, behavior as a whole, etc., undergoing changes in their structure and mechanisms, caused the emergence of financial innovations whose yield surpassed that of the real sector of the economy multifold. This facilitated the concentration of money in financial markets and transforming them into a thing-in-itself. The theory of economic cycles is one of the theories of economic dynamics which explain the movement of the national economy. While the theory of economic growth explores factors and conditions for growth as a long-term trend, the theory of cycles deals with causes behind fluctuations in economic activity through time. Results. In accordance with the aims of this study, the authors established that crises can have the following causes: objective, which are associated with the cyclical development of the system, modernization and restructuring needs, and the impact of external factors, and subjective, which reflect errors in management, shortcomings in the organization of production, and the imperfections of innovation and investment policy. A crisis can take its course manifestly and be easily detected or can be inconspicuous and take its course in a latent form. The most dangerous are crises that affect the system as a whole. In a situation of this kind, there forms a train of complex issues resolving which depends on the timeliness of detecting them and professionalism in managing the organization, municipal

  6. The Role of International Trade in Lesotho’s Economic Growth: A Review

    Directory of Open Access Journals (Sweden)

    Malefa Malefane

    2016-10-01

    Full Text Available This paper investigates the role of international trade in Lesotho's economy. Over the years, the increasing role of international trade in the economy of Lesotho has become evident, particularly with the impetus from the country‘s export sector. An exploratory review approach has been used in this paper, in which the discussion mainly focuses on Lesotho‘s economic growth policy, trade policy, trends in economic growth, and trade performance. The findings point to the connection between Lesotho‘s economic growth and exports from the manufacturing sector, which driven by trade privileges. There is a further indication from this review that Lesotho‘s growth policy has been largely shaped by the country‘s need to pursue export-led growth and private-sector led growth. In recent years, developments in the country‘s trade policy have moved towards the implementation of a more liberal trade approach, as opposed to the initial import substitution industrialisation that Lesotho adopted in the 1960s. This change in trade policy has resulted in an enforcement of measures that have helped to enhance policy-driven trade. The graphical analysis shows that, generally, trends in Lesotho‘s economic growth correspond to the performance of the country‘s trade sector. Nevertheless, while international trade has made some significant contributions to Lesotho‘s economic growth, a heavy reliance on manufactured exports, which are known to be volatile to global economic downturns, poses some challenges to the country. Therefore, it is recommended that Lesotho relies on a wider range of exports, rather than manufactured exports, in order to strengthen trade-related growth in the country.

  7. Economic theories of dictatorship

    OpenAIRE

    2010-01-01

    This article reviews recent advances in economic theories of dictatorships and their lessons for the political stability and economic performance of dictatorships. It reflects on the general usefulness of economic theories of dictatorship, with an application to foreign relations.

  8. [Economic theory and the environment].

    Science.gov (United States)

    Yachir, F

    1992-01-01

    economic character of nature and the necessity of preserving both the products of the subsoil and common goods that are not manmade. The impossibility of indefinite expansion of the western economic model or of its extension to the majority of the world not currently industrialized require reflection on the conditions of emergence of an alternative model based on recognition of the finite character of space and resources and of the need for a more equitable distribution of activity and consumption. Economics is not able to suggest such a model, but can contribute conceptual tools that will be necessary for assessing social and private costs of resource allocation. Market forces and price mechanisms are not able spontaneously to effect a more economic use of exhaustible resources and common goods, or to reduce pollution.

  9. Solar Energy: Solar System Economics.

    Science.gov (United States)

    Knapp, Henry H., III

    This module on solar system economics is one of six in a series intended for use as supplements to currently available materials on solar energy and energy conservation. Together with the recommended texts and references (sources are identified), these modules provide an effective introduction to energy conservation and solar energy technologies.…

  10. Economic freedom and new economic paradigm

    Directory of Open Access Journals (Sweden)

    Vukotić Veselin

    2008-01-01

    Full Text Available Are economic freedoms going to clear our way to prosperity? Is the growth of economic freedoms our path to prosperity? Is it in the base of the new understanding of development? If yes, what will necessarily have to be changed in the economic practice of every country and whole world in general? What will be changed in economic theory? What are potential consequences of an attempt to offer resistance to the new concept of development? These are just some of the questions discussed in this paper, whereas the starting point is the economy and economic development of Montenegro.

  11. Internal Audit as a Tool for Combating Economic Fraud. Case Study of the Misappropriation Process of Company’s Assets

    Directory of Open Access Journals (Sweden)

    Michał Falkowski

    2010-12-01

    Full Text Available The paper deals with the problem of economic fraud and the role of Internal Audit as a tool for preventing it. As the economic downturn intensifies, the possibility of disputes and other difficulties arises more frequently. More often employees and contracting parties try to shift their own losses on to other economic entities. When internal rules are broken or either are not established, organizations are exposed to risks and problems that they are often not used to dealing with. As the analyzed case study showed threats of an economic fraud can come also from inside the company. Embezzlement concerning expense reimbursement is one of the most “popular” ways to steal money from inside the company. To prevent such situations from happening Internal Audit Unit has to perform assurance and consulting actions to deter this particular and any other type of fraud. When the actual fraud occurs an important element, is the properly divide roles between an internal auditor and the forensic specialist who is adequately prepared to lead the investigation, find evidence, and bring fraudsters to justice.

  12. Economics of heat pump assisted drying systems

    Energy Technology Data Exchange (ETDEWEB)

    Pendyala, V.R.; Devotta, S.; Patwardhan, V.S.

    1986-01-01

    The sensitivity of the economics of heat pump assisted dryers to various factors such as design, operational and economic variables, when payback period is adopted as the criterion, has been assessed for Indian conditions. Results have been presented in graphical form to illustrate the optimum conditions for economic viability. For the specific typical conditions and the current costs of electricity and steam in India, a heat pump assisted dryer has a payback period in the range of two to three years.

  13. Will Workers Benefit from This Economic Recovery?

    OpenAIRE

    Kochan, Thomas Anton

    2010-01-01

    Every 2 years, staff at the Economic Policy Institute publishes a labor market and employment sourcebook. The State of Working America 2008-2009 is an especially important and valuable contribution. It documents how poorly working families fared in the period prior to the recent economic crisis and therefore provides a benchmark for assessing whether current economic recovery policies will reverse these trends. The author draws on the data and analysis presented in this volume to suggest poli...

  14. Testing Benjamin Graham’s net current asset value model

    Directory of Open Access Journals (Sweden)

    Chongsoo An

    2015-02-01

    Full Text Available The objective of this paper is to empirically test one of Graham’s investment methods based on the net current asset value (NCAV. The NCAV is truly unique, and conservative, and commonly known as the net-net method.  The ratio of the net current asset value to market value (NCAV/MV was employed in this study to test a stock’s performance comparing to the performance of S&P 500 as the market index. We used all stocks in Portfolio123 whose raw data were supplied by Compustat, Standard & Poors, Capital IQ, and Reuters for the period of January 2, 1999 to August 31, 2012. The overall results show that the firms with high net current asset values outperform the market. These results are strong in the up market. It can be argued that the firms with a high NCAV/MV ratio are likely to move toward their fundamental value and generate high excess return because its stock prices are now undervalued. The implications of the study are: (a a positive NCAV/MV ratio may be a good indicator of the underpriced security; (b investing in the growth period and avoiding the downturn period leads investors to earn much higher returns from the firms with a high NCAV/MV ratio; and (c The NCAV/MV strategy requires a longer holding period of the portfolio in order to generate excess returns.

  15. Reintroducing ethics to economics and development theories

    NARCIS (Netherlands)

    Graaf, Frank Jan de

    2010-01-01

    Frank Jan de Graaf argues that the domination of neoclassical economic thinking in academia has contributed to the economic crisis and hindered thinking about sustainable development. Currently, ethics is re-entering the debate about how to develop prosperous open societies. A group of NGOs recently

  16. Undergraduate Economics Journals: Learning by Doing

    Science.gov (United States)

    Leekley, Robert M.; Davis-Kahl, Stephanie; Seeborg, Michael C.

    2013-01-01

    Although there are currently only a few undergraduate journals in economics, we expect their numbers to increase substantially in the future because of several developments: (1) research and writing activity is increasing in economics programs, (2) online publication is now more feasible and cost efficient than ever, and (3) students are…

  17. THE INVESTMENTS, ECONOMIC GROWTH FACTORS OR CONSUMPTION OF DEVELOPMENT POTENTIAL?

    Directory of Open Access Journals (Sweden)

    Huru Dragos

    2008-05-01

    Full Text Available In Romania, in the last year the economic growth is a real phenomenon that is not our subject for demonstration or for analyze in this paper. Our concern is related with the way of manifestation for economic growth in the economic system. We study if not the economic growth on the contrary of development for current or further performance (regardless of economic aspect or level of analyze can unstuck in consumption of the availed resources for consolidate potential for development.

  18. Perspectives on gasification systems to produce energy carriers and other chemicals with low CO2 emissions : techno‐economic system analysis on current and advanced flexible thermo‐chemical conversion of fossil fuels and biomass

    NARCIS (Netherlands)

    Meerman, J.C.

    2012-01-01

    To prevent dangerous climate change, the emissions of anthropogenic greenhouse gasses (GHG) need to be reduced. Two key mitigation options to reduce GHG involve a transition from the current fossil-fuel based infrastructure towards one based on renewable and the implementation of CO2 capture, transp

  19. Language Planning and Economics

    Science.gov (United States)

    Grin, Francois

    2003-01-01

    This paper proposes a comprehensive overview of the "economics of language". This field of research, which is grounded in the discipline of economics, displays a strong interdisciplinary orientation, which places it on the fringes of mainstream economics. It studies the ways in which linguistic and economic processes influence one another. It is…

  20. Engaging Undergraduates in Economics

    Science.gov (United States)

    Gajwani, Kiran; Miron, Jeffrey

    2015-01-01

    Siegfried and Stock (2007) explore the undergraduate training of PhD economists. Their findings show that among U.S. undergraduate economics programs, the Harvard University Economics Department produces many eventual economics PhD recipients. In this article, the authors discuss Harvard's undergraduate economics program and highlight some key…

  1. Engaging Undergraduates in Economics

    Science.gov (United States)

    Gajwani, Kiran; Miron, Jeffrey

    2015-01-01

    Siegfried and Stock (2007) explore the undergraduate training of PhD economists. Their findings show that among U.S. undergraduate economics programs, the Harvard University Economics Department produces many eventual economics PhD recipients. In this article, the authors discuss Harvard's undergraduate economics program and highlight some key…

  2. Identifying and prioritizing different factors influencing the success of advertisement during the economic depression

    Directory of Open Access Journals (Sweden)

    Aram Rashidi

    2014-04-01

    Full Text Available During the financial crisis of 2007, many businesses and banks faced unexpected circumstances and declared bankruptcy. Market mortgage crisis and the collapse of the economic system in United States created a substantial amount of damage in world economy. Within a few years, the economic downturn was transferred to developing countries such as Iran. The recession has created conditions for Iranian companies that have led them to focus more on the subject of advertising since this is the primary tool of communication and business customers business. Success and failure of many organizations and companies depend on their advertisement planning. In this study, the factors contributing to the success and effectiveness of advertising during the recession time are identified. This survey has been accomplished on investigating an Iranian dairy firm named “Kalle”. Using a questionnaire in Likert scale, the study determines the effects of various factors of advertisement on sales improvement in this firm using Pearson correlation ratio and rank them based on Freedman test. Cronbach alpha has been calculated as 0.93. According to the results, factors that contribute to the success of advertising during a recession include: Responsiveness to customers’ needs, advertising tools, content factors, the amount of money spent and availability.

  3. Ranking economic history journals

    DEFF Research Database (Denmark)

    Di Vaio, Gianfranco; Weisdorf, Jacob Louis

    2010-01-01

    This study ranks-for the first time-12 international academic journals that have economic history as their main topic. The ranking is based on data collected for the year 2007. Journals are ranked using standard citation analysis where we adjust for age, size and self-citation of journals. We also...... compare the leading economic history journals with the leading journals in economics in order to measure the influence on economics of economic history, and vice versa. With a few exceptions, our results confirm the general idea about what economic history journals are the most influential for economic...

  4. Economic Study of Global Tobacco Burden

    Science.gov (United States)

    In an interview on Cancer Currents, Dr. Mark Parascandola discusses findings from an economics study showing that, globally, tobacco use burdens economies with more than US $1 trillion annually in health care costs and lost productivity.

  5. Economic Loan Loss Provision and Expected Loss

    National Research Council Canada - National Science Library

    Hlawatsch, Stefan; Ostrowski, Sebastian

    2010-01-01

    ... adjusted. This however assumes that the loan loss provision and the expected loss are based on a similar economic rationale, which is only valid conditionally in current loan loss provisioning methods according to IFRS...

  6. Sustainability. An economic perspective

    Energy Technology Data Exchange (ETDEWEB)

    Elliott, Steven R. [Department of Economics and Center for Sustainable Systems Studies, Miami University, Oxford, OH (United States)

    2005-06-15

    The economic perspective of sustainability focuses on the trade off of current consumption for future consumption. This was the question that faced the economists of the late 19th century such as Malthus who noticed growth in the population outpaced that of food. Yet, Malthusian prediction of famine and disaster did not come to pass due to technological innovation. There was a substitution of created capital (machines) for natural capital (labor and land). Thus, whether created- and natural capital are substitute or complementary goods is key to sustainability. Many economists believe we can maintain current consumption and that technological innovation will take care of the needs of future generations. However other economists believe that created capital and natural capital are complementary goods; as we consume more created capital, we will also have to consume more natural capital. The relationship between natural and created capital has an impact on what policies and incentives we consider for the preservation of opportunities for future generations. If they are substitutes, current efforts need to focus on development of new technologies which will allow us to do more with less. If they are complements we need to consider efforts of preservation and conservation. We understand that we cannot have our cake and eat it too. The debate is whether we emphasize finding a new way to bake more cake, or carefully consume the cake we have.

  7. Theoretical and methodological basis for the formation and evaluation of the level of the economic system's strategic economic potential

    Directory of Open Access Journals (Sweden)

    Kljushin Vladislav Vladimirovich

    2014-12-01

    Full Text Available The current level of business activity of socio-economic systems of different scale and insufficient to increase their overall potential. To solve this problem, the first priority is the effective management of their strategic and economic potential. Managerial decision-making about the use of economic resources strategic socio-economic systems requires the development of a methodology to identify and evaluate strategic and economic potential.

  8. Social Ecological Economics

    OpenAIRE

    Spash, Clive L.

    2009-01-01

    This paper introduces and explains how ecological economics has developed as a modern movement with its roots in environmentalism and radical environmental economics. Divisions and conflicts within the field are explored to show why material claiming to fall under the title of ecological economics fails to be representative of progress or the vision which drove socio-economic specialists to interact with ecologists in the first place. The argument is then put forward that ecological economics...

  9. 从成本收益角度看腐败行为蔓延的经济根源%Analyzing the Economic Reasons for the Current Corruption Spreading Tendency from the Perspective of Costs and Beneifts

    Institute of Scientific and Technical Information of China (English)

    李小凤; 车永强; 龙世发

    2015-01-01

    Overall the problem of corruption remains very prominent with a spreading tendency in China. In fact, corruption is the result of concerted actions of manifold factors, but from the view of economics, the cause of corruption mainly depends on two major factors, one of which being the costs and beneifts of corruption and the other the result in comparison with the corruption costs and corruption beneifts.%从总体上来看,当前中国的腐败问题仍然非常突出,呈现“腐败蔓延”、“越演越烈”的态势。腐败是多种因素共同作用的结果,而从经济学的角度看,其根源取决于两个因素及其相互比较的结果:腐败成本与腐败收益,以及这两者的大小。

  10. Spin current

    CERN Document Server

    Valenzuela, Sergio O; Saitoh, Eiji; Kimura, Takashi

    2012-01-01

    In a new branch of physics and technology called spin-electronics or spintronics, the flow of electrical charge (usual current) as well as the flow of electron spin, the so-called 'spin current', are manipulated and controlled together. This book provides an introduction and guide to the new physics and application of spin current.

  11. The Enviromental Impact of Economic Cycles

    OpenAIRE

    Israel, Danilo C.

    1998-01-01

    The rapid economic expansion experienced by the ASEAN region has been dampened by the onset of economic crisis. In the Philippines, the crisis has been aggravated by the problems of El Niño and La Niña. This paper looks into the environmental impacts of economic cycles and the current economic crisis through a brief theoretical and empirical review on the Philippine data. While the paper depends on the meager data available, this paper hopes to aid future discussion of policies for environmen...

  12. Surviving Troubled Times: Five Best Practices for Training Solutions

    Science.gov (United States)

    Villachica, Steven W.; Stepich, Donald A.; Rist, Shannon

    2011-01-01

    The business of training and performance improvement has always been cyclical, with the fortunes of human resource development (HRD) and performance improvement professionals rising and falling with the economic fortunes of the workplace. The current economic downturn and nascent recovery represent an opportunity for HRD and performance…

  13. What Is the Greater Good? The Discourse on Public and Private Roles of Higher Education in the New Economy

    Science.gov (United States)

    Hensley, Brad; Galilee-Belfer, Mika; Lee, Jenny J.

    2013-01-01

    This study examined the ways that the "public good" of higher education is being conceptualised as economic benefits and cost/benefit rationalities in the current economic downturn. Based on the case of Arizona in the United States, a discourse analysis of speeches was performed on the way public, state and institutional leaders…

  14. Childhood Poverty in Colorado: A Closer Look at a Statewide Challenge

    Science.gov (United States)

    Piscopo, Lisa

    2009-01-01

    The nation's recent economic problems underscore the urgency of addressing the challenges that low-income families face. The current economic downturn will exacerbate what already are troubling trends in Colorado--namely, that too many children in the state live in poverty and these numbers are growing rapidly. Until updated data are available, it…

  15. NEOCLASSICAL ECONOMICS: SOME MARSHALLIAN INSIGHTS

    Directory of Open Access Journals (Sweden)

    KRUME NIKOLOSKI

    2016-08-01

    Full Text Available In this paper are going to be analyzed the theories of supply, demand and equilibrium. It is about a neoclassical economics, Nobel laureate economist Alfred Marshall who is the inventor of the analyzed theories. And of course that these theories which that are subject to elaboration remain valid till today in the modern market economy conditions. Marshall also was the first who introduced the term "economics", which is in mass use. He studied, primarily the problems of production, distribution, exchange and consumption in terms of individuals, households, enterprises. With its total work appears as the founder of macroeconomics. I personally believe, that understanding the different approaches and perspectives on the economy, the reasons for these differences and how they evolved over time, provides a historical and philosophical context that encourages most economists to use critical analysis of current economic tools and their application.

  16. Essays in public economics

    Science.gov (United States)

    Seligman, Jason Scott

    2002-01-01

    Three essays in the field of public economics are included in this thesis. Chapter 1 begins this work with an introduction to public economics and places the remaining chapters in context. Like all economic agents, the government must manage its cash position. Chapter 2 considers this activity. Short-term financial requirements cause the government to solicit the market for bills not previously scheduled (Cash Management Bills). Using data from the US Treasury's Proprietary Domestic Finance Database, this chapter shows that these bills have higher costs than normal bills, suggesting that both Treasury and financial markets appreciate that demand is more inelastic for these instruments. In addition, this research identifies several factors that increase finance costs for Treasury in meeting short-term financial need. Chapter 3 explores location choices for generation investment in a re-regulated electricity market. Recently, there have been significant changes in the regulation of electricity in the State of California. These changes may affect generation investment behavior within the State, an important consideration for policy makers. This work identifies the impact of public sector regulatory change on private sector investment outcomes, by comparing the location and scope of electricity generation projects before and after two specific regulatory changes in air quality management and transmission tariff charges, while controlling for expected population growth patterns within the State. Significant changes in location preference are identified using factors for the northern and southern transmission zones, NP15 and SP15, the intermediate zone ZP26, and for areas outside of ISO control. Chapter 4 considers Disability Insurance and individual public pension investment accounts. Current debate on the Social Security Administration's long-term finance of benefits includes proposals for independent private investment via individual accounts. The author investigates

  17. Essays in health economics and labor economics

    NARCIS (Netherlands)

    Palali, Ali

    2015-01-01

    The economics literature presents a growing number of studies focusing on risky health behaviors such as tobacco use or cannabis use. One of the most important characteristics of these risky health behaviors is that they harm the users and the people around the users, causing great social and econom

  18. Essays in health economics and labor economics

    NARCIS (Netherlands)

    Palali, Ali

    2015-01-01

    The economics literature presents a growing number of studies focusing on risky health behaviors such as tobacco use or cannabis use. One of the most important characteristics of these risky health behaviors is that they harm the users and the people around the users, causing great social and econom

  19. Ranking Economic History Journals

    DEFF Research Database (Denmark)

    Di Vaio, Gianfranco; Weisdorf, Jacob Louis

    This study ranks - for the first time - 12 international academic journals that have economic history as their main topic. The ranking is based on data collected for the year 2007. Journals are ranked using standard citation analysis where we adjust for age, size and self-citation of journals. We...... also compare the leading economic history journals with the leading journals in economics in order to measure the influence on economics of economic history, and vice versa. With a few exceptions, our results confirm the general idea about what economic history journals are the most influential...... for economic history, and that, although economic history is quite independent from economics as a whole, knowledge exchange between the two fields is indeed going on....

  20. Economic Agents, Ethics and International Economic Organisations

    Directory of Open Access Journals (Sweden)

    Bruno S. Sergi

    2006-03-01

    Full Text Available The last sixty years have seen international economic organisations maintain a position at the forefront of promoting economic growth and socioeconomic development. These organisations have not achieved as much against certain benchmarks, and several observers have accused them of being unqualified to meet the needs of the poor, and even found them guilty of something worse, such as famine and disease. Although these organisations have organisational behaviour and skills, many of their funded projects lack forcefulness to such an extent that they should only be answerable through achieving certain economic facts by way of ethics and morals. We design ethics and morals as two interconnected concepts, and the rationale that binds all economic agents to their respective obligations must be interpreted by effective courses of action dictated by economic realities.

  1. Cradle-to-Grave Lifecycle Analysis of U.S. Light Duty Vehicle-Fuel Pathways: A Greenhouse Gas Emissions and Economic Assessment of Current (2015) and Future (2025-2030) Technologies

    Energy Technology Data Exchange (ETDEWEB)

    Elgowainy, Amgad; Han, Jeongwoo; Ward, Jacob; Joseck, Fred; Gohlke, David; Lindauer, Alicia; Ramsden, Todd; Biddy, Mary; Alexander, Marcus; Barnhart, Steven; Sutherland, Ian; Verduzco, Laura; Wallington, Timothy

    2016-06-01

    This study provides a comprehensive lifecycle analysis (LCA), or cradle-to-grave (C2G) analysis, of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways, as well as the levelized cost of driving (LCD) and cost of avoided GHG emissions. This study also estimates the technology readiness levels (TRLs) of key fuel and vehicle technologies along the pathways. The C2G analysis spans a full portfolio of midsize light-duty vehicles (LDVs), including conventional internal combustion engine vehicles (ICEVs), flexible fuel vehicles (FFVs), hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs), and fuel cell electric vehicles (FCEVs). In evaluating the vehicle-fuel combinations, this study considers both low-volume and high-volume “CURRENT TECHNOLOGY” cases (nominally 2015) and a high-volume “FUTURE TECHNOLOGY” lower-carbon case (nominally 2025–2030). For the CURRENT TECHNOLOGY case, low-volume vehicle and fuel production pathways are examined to determine costs in the near term.

  2. Cradle-to-Grave Lifecycle Analysis of U.S. Light-Duty Vehicle-Fuel Pathways: A Greenhouse Gas Emissions and Economic Assessment of Current (2015) and Future (2025–2030) Technologies

    Energy Technology Data Exchange (ETDEWEB)

    Elgowainy, Amgad [Argonne National Lab. (ANL), Argonne, IL (United States); Han, Jeongwoo [Argonne National Lab. (ANL), Argonne, IL (United States); Ward, Jacob [Dept. of Energy (DOE), Washington DC (United States); Joseck, Fred [Dept. of Energy (DOE), Washington DC (United States); Gohlke, David [Dept. of Energy (DOE), Washington DC (United States); Lindauer, Alicia [Dept. of Energy (DOE), Washington DC (United States); Ramsden, Todd [National Renewable Energy Lab. (NREL), Golden, CO (United States); Biddy, Mary [National Renewable Energy Lab. (NREL), Golden, CO (United States); Alexander, Marcus [Electric Power Research Inst. (EPRI), Palo Alto, CA (United States); Barnhart, Steven [Fiat Chrysler Automobiles (FCA) US LLC, Auburn Hills, MI (United States); Sutherland, Ian [General Motors, Warren, MI (United States); Verduzco, Laura [Chevron Corporation, San Ramon, CA (United States); Wallington, Timothy J. [Ford Motor Company, Dearborn, MI (United States)

    2016-09-01

    This study provides a comprehensive life-cycle analysis (LCA), or cradle-to-grave (C2G) analysis, of the cost and greenhouse gas (GHG) emissions of a variety of vehicle-fuel pathways, as well as the levelized cost of driving (LCD) and cost of avoided GHG emissions. This study also estimates the technology readiness levels (TRLs) of key fuel and vehicle technologies along the pathways. The C2G analysis spans a full portfolio of midsize light-duty vehicles (LDVs), including conventional internal combustion engine vehicles (ICEVs), flexible fuel vehicles (FFVs), hybrid electric vehicles (HEVs), plug-in hybrid electric vehicles (PHEVs), battery electric vehicles (BEVs), and fuel cell electric vehicles (FCEVs). In evaluating the vehicle-fuel combinations, this study considers both low-volume and high-volume “CURRENT TECHNOLOGY” cases (nominally 2015) and a high-volume “FUTURE TECHNOLOGY” lower-carbon case (nominally 2025–2030). For the CURRENT TECHNOLOGY case, low-volume vehicle and fuel production pathways are examined to determine costs in the near term.

  3. Ranking Economic History Journals

    DEFF Research Database (Denmark)

    Di Vaio, Gianfranco; Weisdorf, Jacob Louis

    This study ranks - for the first time - 12 international academic journals that have economic history as their main topic. The ranking is based on data collected for the year 2007. Journals are ranked using standard citation analysis where we adjust for age, size and self-citation of journals. We...... also compare the leading economic history journals with the leading journals in economics in order to measure the influence on economics of economic history, and vice versa. With a few exceptions, our results confirm the general idea about what economic history journals are the most influential...

  4. The Development of Tourist Relations during the Economic Crisis through the Example of the Southern Great Plain Region and Serbia

    Directory of Open Access Journals (Sweden)

    PÉTER GULYÁS

    2016-06-01

    Full Text Available Since the beginning of the economic crisis, nearby feeder markets have become increasingly important for Hungary’s tourism sector with cross-border cooperation schemes playing an ever increasing role. This also holds true for Hungary’s Southern Great Plain Region when viewed in its relationship with neighbouring Serbia. This paper examines tourism flow changes in the Southern Hungarian Great Plain Region during the period of the economic crisis especially as far as tourism flows from Serbia are concerned. The analysis is based on official statistical data available in respect of commercial accommodation facilities, analyses on tourism trends carried out at the European level, and regional development documents drawn up for the Hungarian–Serbian cross border region. The economic crisis caused a significant downturn in tourism flows in the Southern Great Plain Region. However, the number of tourists arriving from Serbia to the Southern Great Plain and the number of nights they spent there increased even during the crisis partly because of the favourable geographical location of the region, partly because of the intensive cooperation schemes implemented in the tourism sector, and partly because of organised marketing campaigns.

  5. Healthcare information technology and economics.

    Science.gov (United States)

    Payne, Thomas H; Bates, David W; Berner, Eta S; Bernstam, Elmer V; Covvey, H Dominic; Frisse, Mark E; Graf, Thomas; Greenes, Robert A; Hoffer, Edward P; Kuperman, Gil; Lehmann, Harold P; Liang, Louise; Middleton, Blackford; Omenn, Gilbert S; Ozbolt, Judy

    2013-01-01

    At the 2011 American College of Medical Informatics (ACMI) Winter Symposium we studied the overlap between health IT and economics and what leading healthcare delivery organizations are achieving today using IT that might offer paths for the nation to follow for using health IT in healthcare reform. We recognized that health IT by itself can improve health value, but its main contribution to health value may be that it can make possible new care delivery models to achieve much larger value. Health IT is a critically important enabler to fundamental healthcare system changes that may be a way out of our current, severe problem of rising costs and national deficit. We review the current state of healthcare costs, federal health IT stimulus programs, and experiences of several leading organizations, and offer a model for how health IT fits into our health economic future.

  6. [The economic-financial crisis and health in Spain. Evidence and viewpoints. SESPAS report 2014].

    Science.gov (United States)

    Cortès-Franch, Imma; González López-Valcárcel, Beatriz

    2014-06-01

    The objectives of the SESPAS 2014 Report are as follows: a) to analyze the impact of the economic crisis on health and health-related behaviors, on health inequalities, and on the determinants of health in Spain; b) to describe the changes in the Spanish health system following measures to address the crisis and assess its potential impact on health; c) to review the evidence on the health impact of economic crises in other countries, as well as policy responses; and d) to suggest policy interventions alternative to those carried out to date with a population health perspective and scientific evidence in order to help mitigate the impact of the economic downturn on health and health inequalities. The report is organized in five sections: 1) the economic, financial and health crisis: causes, consequences, and contexts; 2) the impact on structural determinants of health and health inequalities; 3) the impact on health and health-related behaviors, and indicators for monitoring; 4) the impact on health systems; and 5) the impact on specific populations: children, seniors, and immigrants. There is some evidence on the relationship between the crisis and the health of the Spanish population, health inequalities, some changes in lifestyle, and variations in access to health services. The crisis has impacted many structural determinants of health, particularly among the most vulnerable population groups. Generally, policy responses on how to manage the crisis have not taken the evidence into account. The crisis may contribute to making public policy vulnerable to corporate action, thus jeopardizing the implementation of healthy policies. Copyright © 2014 SESPAS. Published by Elsevier Espana. All rights reserved.

  7. OLD AND NEW ECONOMIC GLOBALIZATION

    OpenAIRE

    Elena MĂRGULESCU

    2015-01-01

    The retrospective of the theoretical approaches of the phenomenon of economic globalization in the last three decades emphasizes the movement of attention from the globalization of markets, from the'80s, to the globalization of production and services in the current decade. This trend is essentially the result of implementing new strategies by multinational and transnational companies. We try in this context to draw a line between the "globalization of markets" and the "globalization of produ...

  8. SOCIAL ENTREPRENEURSHIP AND ECONOMIC DEVELOPMENT

    OpenAIRE

    Brajević, Slađana; Babić, Antonija; Jukić, Ivona

    2015-01-01

    The time in which we currently live and will continue to live is a time of changes, which are comprehensive, deep and quick. They occur in almost all spheres and areas of human activity and life. Regardless of their causes, they are all structural changes whose consequences are primarily economic in their nature. The last three decades have been characterized by a rather significant increase in entrepreneurial activities, which is why they are often referred to as "the age of entrepreneurship...

  9. Pet overpopulation: An economic analysis

    OpenAIRE

    Coate, Stephen; Knight, Brian

    2009-01-01

    This paper considers the problem of pet overpopulation. It develops a tractable dynamic model whose positive predictions square well with key features of the current U.S. market for pets. The model is used to understand, from a welfare economic perspective, the sense in which there is \\overpopulation" of pets and the underlying causes of the problem. The paper also employs the model to consider what policies might be implemented to deal with the problem. A calibrated example is developed to i...

  10. Globalization and economic cooperation

    Directory of Open Access Journals (Sweden)

    Javier Divar

    2006-12-01

    Full Text Available Economic globalization is nothing, really, that the universality of capitalism. Not globalized culture, and economic participation, and human rights, ... has only globalized market. We must react by substituting those materialistic values with cooperative economy.

  11. THE IMPORTANCE OF ECONOMIC PROMOTION FOR A SMALL OPEN ECONOMY – THE CASE OF SLOVENIA

    Directory of Open Access Journals (Sweden)

    DEJAN ROMIH

    2014-02-01

    Full Text Available This paper discusses the importance of economic promotion for Slovenia and certain other European countries affected by the current economic crisis. For a small open economy like Slovenia, economic promotion is particularly important for several reasons. One of them is its contribution to Slovenia’s overall economic performance (in terms of achieving certain economic goals such as reducing unemployment.

  12. Advances in mathematical economics

    CERN Document Server

    Maruyama, Toru

    2016-01-01

    The series is designed to bring together those mathematicians who are seriously interested in getting new challenging stimuli from economic theories with those economists who are seeking effective mathematical tools for their research. A lot of economic problems can be formulated as constrained optimizations and equilibration of their solutions. Various mathematical theories have been supplying economists with indispensable machineries for these problems arising in economic theory. Conversely, mathematicians have been stimulated by various mathematical difficulties raised by economic theories.

  13. The Economics of Networking

    DEFF Research Database (Denmark)

    Sørensen, Olav Jull

    The literature on business networks is often oversocialized. The economic side of business is implicitly assumed. This paper analyses the economics of network behavior by loking at each of the key concepts in the Network Theory.......The literature on business networks is often oversocialized. The economic side of business is implicitly assumed. This paper analyses the economics of network behavior by loking at each of the key concepts in the Network Theory....

  14. Economics, Happiness and Wine

    OpenAIRE

    Alberto Cassone

    2011-01-01

    Since a few decades there is a booming literature about the economics of happiness: a quick Google search (all searches have been run on April 2, 2011) with the two terms "economics happiness" returns over 366000 results. Even using google scholar the outcome is signi cant: 148 records. Entering "happiness economics", one gets 72.100 results. The same is true for the literature about wine and economics. Read the full text below

  15. Advances in mathematical economics

    CERN Document Server

    Yamazaki, Akira

    2006-01-01

    A lot of economic problems can formulated as constrained optimizations and equilibration of their solutions.Various mathematical theories have been supplying economists with indispensable machineries for these problems arising in economic theory. Conversely, mathematicians have been stimulated by various mathematical difficulties raised by economic theories. The series is designed to bring together those mathematicians who were seriously interested in getting new challenging stimuli from economic theories with those economists who are seeking for effective mathematical tools for their researchers.

  16. Advances in mathematical economics

    CERN Document Server

    Maruyama, Toru

    2015-01-01

    The series is designed to bring together those mathematicians who are seriously interested in getting new challenging stimuli from economic theories with those economists who are seeking effective mathematical tools for their research. A lot of economic problems can be formulated as constrained optimizations and equilibration of their solutions. Various mathematical theories have been supplying economists with indispensable machineries for these problems arising in economic theory. Conversely, mathematicians have been stimulated by various mathematical difficulties raised by economic theories.

  17. Advances in mathematical economics

    CERN Document Server

    Yamazaki, Akira

    2006-01-01

    A lot of economic problems can formulated as constrained optimizations and equilibration of their solutions. Various mathematical theories have been supplying economists with indispensable machineries for these problems arising in economic theory. Conversely, mathematicians have been stimulated by various mathematical difficulties raised by economic theories. The series is designed to bring together those mathematicians who were seriously interested in getting new challenging stimuli from economic theories with those economists who are seeking for effective mathematical tools for their researchers.

  18. Advances in mathematical economics

    CERN Document Server

    Maruyama, Toru

    2017-01-01

    The series is designed to bring together those mathematicians who are seriously interested in getting new challenging stimuli from economic theories with those economists who are seeking effective mathematical tools for their research. A lot of economic problems can be formulated as constrained optimizations and equilibration of their solutions. Various mathematical theories have been supplying economists with indispensable machineries for these problems arising in economic theory. Conversely, mathematicians have been stimulated by various mathematical difficulties raised by economic theories.

  19. ECONOMIC DEVELOPMENT VERSUS SUSTAINABLE DEVELOPMENT

    Directory of Open Access Journals (Sweden)

    Liliana Scutaru

    2013-09-01

    Full Text Available The paper put in antithesis, theoretically, two models of development and evolution of mankind, namely, economic development based on consumption of the exhaustible resources and pollution and on the other hand the development based on the concepts of sustainable development, involving a new mentality on human life and environment. Economic development includes economic growth, quantified in particular through the GDP, aspect that leads to a reduced analysis taking into account a limited number of variables such as household income, employment labour, consumption of goods and services, etc.. Perpetuation of this model has led, over time, to the company's inability to solve the problems facing mankind today and serious discrepancies regarding current levels of human development. This type of model does not take into account variables such as unemployment, poverty, education, health, environmental pollution, population migration, urban overcrowding, social inclusion etc. At the opposite side of this type of development, which proves to be beyond the crowd problems currently facing humanity, is a new alternative model, that of sustainable development, which provides an integrated view of all these variables and hence the chance of the human society to a new level of evolution. The sustainable development model of mankind put, among others, the zero growth issue or even sustained decrease for some countries. This model requires also reducing resource consumption and increase sustainability of assets created. It also offers practical solutions to many current problems of mankind, among which we can mention providing food for a growing world population and producing clean alternative energy.

  20. Economic Hedging Portfolios

    NARCIS (Netherlands)

    van den Goorbergh, R.W.J.; de Roon, F.A.; Werker, B.J.M.

    2003-01-01

    In this paper we study portfolios that investors hold to hedge economic risks.Using a model of state-dependent utility, we show that agents economic hedging portfolios can be obtained by an intuitively appealing, risk aversion-weighted approximate replication of the economic risk variables using the

  1. Behavioral Economics and Consumption

    DEFF Research Database (Denmark)

    Reisch, Lucia A.; Sunstein, Cass R.

    2015-01-01

    Behavioral economics explores why people sometimes fail to make rational decisions, and how their behavior departs from the predictions of standard economic models. Insights gained from studies in behavioral economics are used in consumer research and consumer policy to understand and improve ind...... individuals' decisions about health, wealth, and happiness....

  2. Whatever Happened to Economics?

    Science.gov (United States)

    Livesey, Frank

    1986-01-01

    Maintains the status of economics is falling. Fewer students, low returns on econometric models, and over-certain economic predictions resulting from inappropriate scientific methodology are seen as indicators of the fall. More attention needs to be given in teaching the sources, use and abuse of economic data, and in social science methodology.…

  3. Economic Analysis of Law

    OpenAIRE

    Louis Kaplow; Steven Shavell

    2005-01-01

    This entry for the forthcoming The New Palgrave Dictionary of Economics (Second Edition) surveys the economic analysis of five primary fields of law: property law; liability for accidents; contract law; litigation; and public enforcement and criminal law. It also briefly considers some criticisms of the economic analysis of law.

  4. Redefining Regional Economic Layout

    Institute of Scientific and Technical Information of China (English)

    Yan Manman

    2010-01-01

    @@ In 2009, the Chinese government approved planning for 9 regional development zones, including plans for the Taiwan Strait West Bank Economic Zone, the Guanzhong-Tianshui Economic Zone, the Jiangsu Coastal Region, the Tumen River Region and Yellow River High-efficient Ecological Economic Zone, among others.

  5. Redefining Regional Economic Layout

    Institute of Scientific and Technical Information of China (English)

    Yan Manman

    2011-01-01

    @@ In 2009, the Chinese government approved planning for 9 regional development zones, including plans for the Taiwan Strait West Bank Economic Zone, the Guanzhong-Tianshui Economic Zone, the Jiangsu Coastal Region, the Tumen River Region and Yellow River High-efficient Ecological Economic Zone, among others.

  6. Economics: It's Your Business.

    Science.gov (United States)

    Billings, Henry

    This document is a text for teaching economics. The book is divided into seven units. Unit 1 is called "What is Economics?" Its seven chapters discuss economics and scarcity, money, the role of the consumer, the role of the producer, capitalism and the free enterprise system, and the circular flow of the economy. The second unit is "How the United…

  7. Foundations of economic change

    DEFF Research Database (Denmark)

    Cantner, Uwe

    2016-01-01

    This paper employs the Schumpeterian approach to the development of economies in order to identify the core building blocks of a theory of endogenous economic change. Borders and insights are widened by combining concepts and findings from behavioral economics, from evolutionary economics, and from...

  8. Economical electrolyser solution

    Energy Technology Data Exchange (ETDEWEB)

    Marcelo, Daniel; Dell' Era, Alessandro [CIRPS - Interuniversity Research Centre for Sustainable Development, University of Rome ' ' La Sapienza' ' , Via Eudossiana, 18, Rome (Italy)

    2008-06-15

    In the market there are conventional alkaline electrolysers and advanced polymer membrane electrolysers, with higher performance, but they are both quite expensive. Indeed, the materials commonly utilized for water electrolysis in alkaline electrolysers are those based on Raney nickel and their alloys, but these materials are expensive. Taking into account those aspects, the following work aims, as other authors [Olivares-Ramireza JM, Campos-Corneliob ML, Uribe Godinezb J, Borja-Arcob E, Castellanosb RH. Studies on the hydrogen evolution reaction on different stainless steels. Int J Hydrogen Energy 2007; 32: 3170-3.; Henrique dos Santos Andrade M, Lima Aciolia M, Ginaldo da Silva Juniora J, Carlos Pereira Silvaa J, Oliveira Vilarc E, Tonholoa J, Preliminary investigation of some commercial alloys for hydrogen evolution in alkaline water electrolysis. Int J Hydrogen Energy 2004;29:235-410], to highlight how it is possible to produce hydrogen in economical ways using less advanced technologies. A conventional alkaline electrolytic cell, 'lab-electrolyser', has been built using economical material. It is composed of electrodes of 5.0 cm x 5.0 cm characterized by a current density of about 250 mA/cm{sup 2} and an efficiency of about 65% at 55 C; the cell produces about 2.7 Nl/h of hydrogen. The overall cost of this devise has been compared with the cost of the electrolysers available on the market, hypothesizing a linear dependence cost with the productive capacity. The conclusion has been that there is a big margin for costs decreasing even taking into account all the auxiliary systems for an electrolysis process. (author)

  9. Palbociclib as a first-line treatment in oestrogen receptor-positive, HER2-negative, advanced breast cancer not cost-effective with current pricing: a health economic analysis of the Swiss Group for Clinical Cancer Research (SAKK).

    Science.gov (United States)

    Matter-Walstra, K; Ruhstaller, T; Klingbiel, D; Schwenkglenks, M; Dedes, K J

    2016-07-01

    Endocrine therapy continues to be the optimal systemic treatment for metastatic ER(+)HER2(-) breast cancer. The CDK4/6 inhibitor palbociclib combined with letrozole has recently been shown to significantly improve progression-free survival. Here we examined the cost-effectiveness of this regimen for the Swiss healthcare system. A Markov cohort simulation based on the PALOMA-1 trial (Finn et al. in Lancet Oncol 16:25-35, 2015) was used as the clinical course. Input parameters were based on summary trial data. Costs were assessed from the Swiss healthcare system perspective. Adding palbociclib to letrozole (PALLET) compared to letrozole monotherapy was estimated to cost an additional CHF342,440 and gain 1.14 quality-adjusted life years, resulting in an incremental cost-effectiveness ratio (ICER) of CHF301,227/QALY gained. In univariate sensitivity analyses, no tested variation in key parameters resulted in an ICER below a willingness-to-pay threshold of CHF100,000/QALY. PALLET had a 0 % probability of being cost-effective in probabilistic sensitivity analyses. Lowering PALLET's price by 75 % resulted in an ICER of CHF73,995/QALY and a 73 % probability of being cost-effective. At current prices, PALLET would cost the Swiss healthcare system an additional CHF155 million/year. Palbociclib plus letrozole cannot be considered cost-effective for the first-line treatment of patients with metastatic breast cancer in the Swiss healthcare system.

  10. Did Economic Inequality Cause the Economic Crisis

    National Research Council Canada - National Science Library

    Danilo Sukovic

    2014-01-01

    ... that occurred during the last three decades. The global economic crisis that emerged in 2008 gave a new impetus to this research because numerous scientific studies appeared in which inequalities were given as one of the key causes...

  11. Educational Justice and Socio-Economic Segregation in Schools

    Science.gov (United States)

    Brighouse, Harry

    2007-01-01

    Sociologists exploring educational injustice often focus on socio-economic segregation as a central measure of injustice. The comprehensive ideal, furthermore, has the idea of socio-economic integration built into it. The current paper argues that socio-economic segregation is valuable only insofar as it serves other, more fundamental values. This…

  12. Paradigms and novelty in economics : The history of economic thought as a source of enlightenment

    NARCIS (Netherlands)

    Dolfsma, W.A.; Welch, P.

    2009-01-01

    P>Over time, economics has experienced paradigm shifts, and there is every reason to think this will continue. In economics, as in the development of technological knowledge, paradigms do not emerge from nowhere, but build on precursors, possibly from other fields. Our understanding of current

  13. Current limiters

    Energy Technology Data Exchange (ETDEWEB)

    Loescher, D.H. [Sandia National Labs., Albuquerque, NM (United States). Systems Surety Assessment Dept.; Noren, K. [Univ. of Idaho, Moscow, ID (United States). Dept. of Electrical Engineering

    1996-09-01

    The current that flows between the electrical test equipment and the nuclear explosive must be limited to safe levels during electrical tests conducted on nuclear explosives at the DOE Pantex facility. The safest way to limit the current is to use batteries that can provide only acceptably low current into a short circuit; unfortunately this is not always possible. When it is not possible, current limiters, along with other design features, are used to limit the current. Three types of current limiters, the fuse blower, the resistor limiter, and the MOSFET-pass-transistor limiters, are used extensively in Pantex test equipment. Detailed failure mode and effects analyses were conducted on these limiters. Two other types of limiters were also analyzed. It was found that there is no best type of limiter that should be used in all applications. The fuse blower has advantages when many circuits must be monitored, a low insertion voltage drop is important, and size and weight must be kept low. However, this limiter has many failure modes that can lead to the loss of over current protection. The resistor limiter is simple and inexpensive, but is normally usable only on circuits for which the nominal current is less than a few tens of milliamperes. The MOSFET limiter can be used on high current circuits, but it has a number of single point failure modes that can lead to a loss of protective action. Because bad component placement or poor wire routing can defeat any limiter, placement and routing must be designed carefully and documented thoroughly.

  14. "La relación género y cooperativa en el ordenamiento jurídico cubano. Una aproximación a su realidad y a sus perspectivas ante el proceso de perfeccionamiento del modelo económico en el país" (The gender and cooperative relationship in the Cuban legal system. An approach to its current situation and perspectives towards the improvement process of the country's economic model

    Directory of Open Access Journals (Sweden)

    Orisel Hernández Aguilar

    2012-01-01

    Full Text Available The aim of this study is to provide some comments about the current situation of the relationship the gender and the cooperative within the frameworks within which the cooperative develops in Cuba, as well as their potential in front to a legal regulation that implements an extension of such practices as part of the restructuring of the economic model provided in the Guidelines of the economic and Social Policy of the Party and the Revolution adopted by the sixth Congress of the Communist Party of Cuba to guide during the next years the changes undertaken by the country.

  15. Economic Stress, Emotional Quality of Life, and Problem Behavior in Chinese Adolescents with and without Economic Disadvantage

    Science.gov (United States)

    Shek, Daniel T. L.

    2005-01-01

    The relationships between perceived economic stress (current economic hardship and future economic worry) and emotional quality of life (existential well-being, life satisfaction, self-esteem, sense of mastery, psychological morbidity) as well as problem behavior (substance abuse and delinquency) were examined in 1519 Chinese adolescents with and…

  16. Economic Stress, Emotional Quality of Life, and Problem Behavior in Chinese Adolescents with and without Economic Disadvantage

    Science.gov (United States)

    Shek, Daniel T. L.

    2005-01-01

    The relationships between perceived economic stress (current economic hardship and future economic worry) and emotional quality of life (existential well-being, life satisfaction, self-esteem, sense of mastery, psychological morbidity) as well as problem behavior (substance abuse and delinquency) were examined in 1519 Chinese adolescents with and…

  17. Network versus Economic Incentives

    DEFF Research Database (Denmark)

    Larsen, Christian Albrekt

    The article supplements the traditional economic line of reasoning with an economic sociological account of the transition from unemployment to employment. The lack of full information is recognised by economic theory while the focus on network within the tradition of economic sociology has...... not been adopted. The article argues that the importance of network actually might be very well understood within recent economic theories that emphasise the lack of full information. The empirical evidence for the importance of network both for employed and unemployed is provided by analysing a best case...... might be an important part of the vicious circles of unemployment. Finally, the article analyse the importance of network versus the importance of economic incentives. The result supports the thesis that economic sociology provides a better account of the transition from unemployment to employment than...

  18. Trends in the marine aquarium trade: the influence of global economics and technology

    Directory of Open Access Journals (Sweden)

    Andrew L. Rhyne

    2012-06-01

    Full Text Available The marine aquarium hobby is a global industry with trade chains on six continents. This industry is undergoing rapid changes in hobbyistpreferences that are in part driven by global economies and technology. In an effort to better assess the past trends and help provide insightinto future growth and demand, we assessed three different trade data sources, the United States-State of Florida Marine Life Landings, CITESstony coral imports, and United States Fish and Wildlife Service’s Law Enforcement Information Systems import data for ‘live rock’. Data forthe past 10 years were analyzed and a clear trend of growth followed by decline was observed with the peak and degree of decline varying forthe different trade categories. While the global economic downturn decreased trade volumes across the board other forces have dramatically affectedthe importation of coral reef products. ‘Live Rock’ and Florida produced ‘live sand’ dramatically decreased two years prior to the globaleconomic recession. The decline of these trade categories coincides with rapid changes in technology used to maintain captive reef aquariumswhich allowed for the advent of the smaller “nano” reef tanks. Importing and exporting countries, CITES and other international governmentbodies, concerned Non-Governmental Organizations and scientist would greatly benefit from a deeper understanding of this industry from aproducer and consumer standpoint in order to better predict how the marine aquarium hobby will be shaped by external forces in the future.

  19. Was the economic crisis of 2008 good for Icelanders? Impact on health behaviors.

    Science.gov (United States)

    Ásgeirsdóttir, Tinna Laufey; Corman, Hope; Noonan, Kelly; Ólafsdóttir, Þórhildur; Reichman, Nancy E

    2014-03-01

    This study uses the 2008 economic crisis in Iceland to identify the effects of a macroeconomic downturn on a range of health behaviors. We use longitudinal survey data that include pre- and post-reports from the same individuals on a range of health-compromising and health-promoting behaviors. We find that the crisis led to large and significant reductions in health-compromising behaviors (such as smoking, drinking alcohol or soft drinks, and eating sweets) and certain health-promoting behaviors (consumption of fruits and vegetables), but to increases in other health-promoting behaviors (consumption of fish oil and recommended sleep). The magnitudes of effects for smoking are somewhat larger than what has been found in past research in other contexts, while those for alcohol, fruits, and vegetables are in line with estimates from other studies. Changes in work hours, real income, financial assets, mortgage debt, and mental health, together, explain the effects of the crisis on some behaviors (such as consumption of sweets and fast food), while the effects of the crisis on most other behaviors appear to have operated largely through price increases.

  20. Leadership towards a just economic society

    Directory of Open Access Journals (Sweden)

    J. A. Lombard

    2002-08-01

    Full Text Available This actuality article on leadership argues for the need to move towards a just economic society. The implications of different terms are considered within a conceptual framework. This framework is essential for a better understanding of economic justice in an institutional environment, where economic relationships and economic justice has come to dominate public debate. The relations between public opinion and material wealth are analysed before justice in a mixed economy receives attention. Related conditions are discussed in succession, firstly, individual freedom and the Rule of Law, and secondly, distributive justice. The article then proceeds to discuss challenges for economic leadership in South Africa, indicating trends present in both the theoretical and political leadership current in the rest of the world. Perspective is thereby given on the situation in South African democracy, where the political focus has moved from the issue of justice as freedom, to justice in the distribution of wealth and income.

  1. Maximization, learning, and economic behavior.

    Science.gov (United States)

    Erev, Ido; Roth, Alvin E

    2014-07-22

    The rationality assumption that underlies mainstream economic theory has proved to be a useful approximation, despite the fact that systematic violations to its predictions can be found. That is, the assumption of rational behavior is useful in understanding the ways in which many successful economic institutions function, although it is also true that actual human behavior falls systematically short of perfect rationality. We consider a possible explanation of this apparent inconsistency, suggesting that mechanisms that rest on the rationality assumption are likely to be successful when they create an environment in which the behavior they try to facilitate leads to the best payoff for all agents on average, and most of the time. Review of basic learning research suggests that, under these conditions, people quickly learn to maximize expected return. This review also shows that there are many situations in which experience does not increase maximization. In many cases, experience leads people to underweight rare events. In addition, the current paper suggests that it is convenient to distinguish between two behavioral approaches to improve economic analyses. The first, and more conventional approach among behavioral economists and psychologists interested in judgment and decision making, highlights violations of the rational model and proposes descriptive models that capture these violations. The second approach studies human learning to clarify the conditions under which people quickly learn to maximize expected return. The current review highlights one set of conditions of this type and shows how the understanding of these conditions can facilitate market design.

  2. System of economics' security management in economic activity of meat processing enterprises formation

    Directory of Open Access Journals (Sweden)

    Iryna Sosnovska

    2015-11-01

    Full Text Available This article is devoted to creation of economics' security management system production and economic activity of meat current processing enterprises. The article reflects research results of various scientists scientific works regarding interpretation of economic security system and shows the lack of this concept single interpretation. There are summarized observation of current activities of meat processing plants specifics as a conclusion there are a large number of different programs and concepts that are embedded in large industrial plants, but they are internal and are not system using. The factors that determine the necessity of system of the economics' security management of enterprises formation are specified. This text highlighted objectives and principles of enterprises system economic security management that clearly reflect its effectiveness in the production of business enterprises.

  3. Non-equilibrium Economics

    Directory of Open Access Journals (Sweden)

    Katalin Martinás

    2007-02-01

    Full Text Available A microeconomic, agent based framework to dynamic economics is formulated in a materialist approach. An axiomatic foundation of a non-equilibrium microeconomics is outlined. Economic activity is modelled as transformation and transport of commodities (materials owned by the agents. Rate of transformations (production intensity, and the rate of transport (trade are defined by the agents. Economic decision rules are derived from the observed economic behaviour. The non-linear equations are solved numerically for a model economy. Numerical solutions for simple model economies suggest that the some of the results of general equilibrium economics are consequences only of the equilibrium hypothesis. We show that perfect competition of selfish agents does not guarantee the stability of economic equilibrium, but cooperativity is needed, too.

  4. Economic uncertainty and econophysics

    Science.gov (United States)

    Schinckus, Christophe

    2009-10-01

    The objective of this paper is to provide a methodological link between econophysics and economics. I will study a key notion of both fields: uncertainty and the ways of thinking about it developed by the two disciplines. After having presented the main economic theories of uncertainty (provided by Knight, Keynes and Hayek), I show how this notion is paradoxically excluded from the economic field. In economics, uncertainty is totally reduced by an a priori Gaussian framework-in contrast to econophysics, which does not use a priori models because it works directly on data. Uncertainty is then not shaped by a specific model, and is partially and temporally reduced as models improve. This way of thinking about uncertainty has echoes in the economic literature. By presenting econophysics as a Knightian method, and a complementary approach to a Hayekian framework, this paper shows that econophysics can be methodologically justified from an economic point of view.

  5. Economic Sociology and Economics of Convention

    DEFF Research Database (Denmark)

    Jagd, Søren

    as 1) the reformulation of the theory of action focusing on the uncertainty of social action; 2) pointing to the importance of collective frames of reference for individual rationality; and 3) the elaboration of a theory of institutions, focusing on the importance of conventions as forming...... the institutional framework of social action. Second, I explore two issues raised by economics of conventions that may be particularly important to consider for economic sociology. The first issue is the explicit exploration of the consequences of a plurality of forms of justification suggested by Luc Boltanski...

  6. Sustainable winegrowing: current perspectives

    Directory of Open Access Journals (Sweden)

    Mariani A

    2015-05-01

    Full Text Available Angela Mariani,1 Antonella Vastola2 1Department of Economic and Legal Studies, University Parthenope, Naples, 2School of Agricultural, Forestry, Food and Environmental Sciences, University of Basilicata, Potenza, Italy Abstract: The winegrowing sector worldwide is strongly committed to improving environmental and social sustainability. The aim of this work, based on a literature review, is to highlight current sustainability perspectives and the related main issues. There is a broad consensus that the challenge to achieve a greater spread of sustainable practices is to enhance environmental and social sustainability while maintaining economic viability. From the producers' point of view, the priority is to bridge the still substantial knowledge gaps in terms of perceived environmental benefits, economic benefits, and costs. Thus, an increased research effort focusing on the costs and benefits of different winegrowing practices and technical assistance with implementation might support their diffusion. Moreover, targeted marketing strategies are needed to: enhance consumers' involvement and their attitude toward sustainable wine; improve understanding and use of sustainable labels and claims; and raise awareness of some environmental credentials of wine packaging, mainly with reference to lightweight glass bottles. Keywords: winegrower, sustainability, wine, consumer, marketing strategies

  7. Current Titles

    Energy Technology Data Exchange (ETDEWEB)

    Various

    2006-06-01

    This booklet is published for those interested in current research being conducted at the National Center for Electron Microscopy. The NCEM is a DOE-designated national user facility and is available at no charge to qualified researchers. Access is controlled by an external steering committee. Interested researchers may contact Jane Cavlina, Administrator, at 510/486-6036.

  8. NEW DEVELOPMENTS IN COVERAGE OF ECONOMIC PERFORMANCE

    Directory of Open Access Journals (Sweden)

    Ioan Beudean

    2012-01-01

    Full Text Available The absence of consensus in definition and economic assessment performance does not take as linguistic valences of the concept as such, as the system of diverging interests of its contents. Can be felt in the case of this major economic concept as well as other economic categories, the power influence of different interveners (not necessarily from know better ones, which will determine and impose the dominant message. Current financial capital, created and imposed an obviously own vision about performance that would serve its interests.

  9. Economic analysis of same-sex marriage.

    Science.gov (United States)

    Portelli, Christopher J

    2004-01-01

    This article applies the neoclassical microeconomic analysis of marriage as developed by Nobel laureate economist Gary Becker to same-sex marriage. The objective is to demonstrate that the economic analysis of marriage supports allowing same-sex marriage, and that same-sex marriages would strengthen the incentive to marry, increase the efficiency of marriage markets, provide for more children to be raised in two-parent optimum environments, and benefit states economically overall. The article concludes with an overview of the economic impact of same-sex marriages on states based on the analysis, data and fiscal information currently available from researchers and economists in the field.

  10. 'Great Power Style' in China's Economic Policy

    DEFF Research Database (Denmark)

    Jiang, Yang

    2011-01-01

    China’s ascendance attracts concern, even though Beijing claims to be a responsible great power and tries to demonstrate its ‘great power style’ in economic diplomacy. This article therefore discusses the following questions: to what extent does the current notion and practice of Chinese ‘great...... power style’ in economic diplomacy comply with, or differ from, the criteria of benign hegemony; and what are the major constraining factors? Conceptually, China’s ‘great power style’ is rooted in ancient Chinese political philosophy and institution, but it highly resembles the Western notion of benign...... and economic interests....

  11. Approaches towards airport economic performance measurement

    Directory of Open Access Journals (Sweden)

    Ivana STRYČEKOVÁ

    2011-01-01

    Full Text Available The paper aims to assess how economic benchmarking is being used by airports as a means of performance measurement and comparison of major international airports in the world. The study focuses on current benchmarking practices and methods by taking into account different factors according to which it is efficient to benchmark airports performance. As methods are considered mainly data envelopment analysis and stochastic frontier analysis. Apart from them other approaches are discussed by airports to provide economic benchmarking. The main objective of this article is to evaluate the efficiency of the airports and answer some undetermined questions involving economic benchmarking of the airports.

  12. Population growth and economic growth: any connection?

    Science.gov (United States)

    Kasun, J R

    1982-12-01

    The author examines the current evidence concerning the relationship between population growth and economic growth, with particular reference to the justification for U.S. assistance to programs designed to slow rates of population growth in developing countries. It is concluded that "the results of economic theory and research do not support the oft-repeated claims that population growth inhibits economic growth." The author suggests that the reason for continued U.S. support for population programs is the effectiveness of a population lobby that has a vested interest in the continuation of such assistance.

  13. Behavioral Economics of Education

    DEFF Research Database (Denmark)

    Koch, Alexander Karl; Nafziger, Julia; Nielsen, Helena Skyt

    2015-01-01

    During the last decade knowledge about human behavior from psychology and sociology has enhanced the field of economics of education. By now research recognizes cognitive skills (as measured by achivement tests) as equally important drivers of later economic outcomes, and skills are seen as multi...... approaches from behavioral economics help our understanding of the complexity of educational investments and outcomes, and we discuss what insights can be gained from such concepts in the context of education....

  14. Practice and Economic Geography

    OpenAIRE

    Jones, A; Murphy, J. T.

    2010-01-01

    Economic geography has over the last decade become increasingly interested in the role of practice, conceptualised as the regularised or stabilised social actions through which economic agents organize or coordinate production, marketing, service provision, exchange and/or innovation activities. Interest in practice is most clearly manifest in a growing body of research concerned to conceptualise how the regularized social relations and interactions linking economic actors (e.g. entrepreneurs...

  15. Models of Economic Analysis

    OpenAIRE

    Adrian Ioana; Tiberiu Socaciu

    2013-01-01

    The article presents specific aspects of management and models for economic analysis. Thus, we present the main types of economic analysis: statistical analysis, dynamic analysis, static analysis, mathematical analysis, psychological analysis. Also we present the main object of the analysis: the technological activity analysis of a company, the analysis of the production costs, the economic activity analysis of a company, the analysis of equipment, the analysis of labor productivity, the anal...

  16. Energy, Economics & Environment

    OpenAIRE

    David James

    1997-01-01

    Energy-economic-environment (EEE) interactions can be expected to play a crucial role in the development process. Energy is a critical resourced underpinning economic growth. Countries in SE Asia have reached different levels of economic welfare, and this is reflected in their energy use patterns. Some of the countries are well endowed with energy resources - to the extent of being major exporters of energy. Others face serious poverty, accompanied by low levels of energy use. To achieve impr...

  17. Applied Economics in Teaching

    Institute of Scientific and Technical Information of China (English)

    朱红萍

    2009-01-01

    This paper explains some plain phenomena in teaching and class management with an economic view. Some basic economic principles mentioned therein are: everything has its opportunity cost; the marginal utility of consumption of any kind is diminishing; Game theory is everywhere. By applying the economic theories to teaching, it is of great help for teachers to understand the students' behavior and thus improve the teaching effectiveness and efficiency.

  18. Turkmenistan; Recent Economic Developments

    OpenAIRE

    1998-01-01

    This paper reviews economic developments in Turkmenistan during 1994–97. To address the growing economic difficulties, the government announced an economic reform package for 1996, which aimed at achieving a recovery in output, sharply lowering inflation, maintaining a strong reserve position, and promoting private sector development. The reform package had mixed success. Monetary and credit policy was generally restrained until late 1996, contributing to a moderation in inflation. However,...

  19. Economics of data center optics

    Science.gov (United States)

    Huff, Lisa

    2016-03-01

    Traffic to and from data centers is now reaching Zettabytes/year. Even the smallest of businesses now rely on data centers for revenue generation. And, the largest data centers today are orders of magnitude larger than the supercomputing centers of a few years ago. Until quite recently, for most data center managers, optical data centers were nice to dream about, but not really essential. Today, the all-optical data center - perhaps even an all-single mode fiber (SMF) data center is something that even managers of medium-sized data centers should be considering. Economical transceivers are the key to increased adoption of data center optics. An analysis of current and near future data center optics economics will be discussed in this paper.

  20. Cognitive social capital and mental illness during economic crisis: a nationwide population-based study in Greece.

    Science.gov (United States)

    Economou, Marina; Madianos, Michael; Peppou, Lily Evangelia; Souliotis, Kyriakos; Patelakis, Athanasios; Stefanis, Costas

    2014-01-01

    The ongoing financial crisis in Greece has yielded adverse effects on the mental health of the population. In this context, the particular study investigates the link between two indices of cognitive social capital; namely interpersonal and institutional trust, and the presence of major depression and generalized anxiety disorder. A random and representative sample of 2256 respondents took part in a cross-sectional nationwide telephone survey the time period February-April 2011 (Response Rate = 80.5%), after being recruited from the national phone number databank. Major depression and generalized anxiety disorder were assessed with the Structured Clinical Interview, while for interpersonal and institutional trust the pertinent questions of the European Social Survey were utilized. Socio-demographic variables were also encompassed in the research instrument, while participants' degree of financial strain was assessed through the Index of Personal Economic Distress. Both interpersonal and institutional trust were found to constitute protective factors against the presence of major depression, but not against generalized anxiety disorder for people experiencing low economic hardship. Nonetheless, in people experiencing high financial strain, interpersonal and institutional trust were not found to bear any association with the presence of the two disorders. Consistent with these, the present study shows that the effect of social capital on mental health is not uniform, as evident by the different pattern of results for the two disorders. Furthermore, cognitive social capital no longer exerts its protective influence on mental health if individuals experience high economic distress. As a corollary of this, interventions aiming at mitigating the mental health effects of economic downturns cannot rely solely on the enhancement of social capital, but also on alleviating economic burden.

  1. CDBG Economic Development Activity

    Data.gov (United States)

    Department of Housing and Urban Development — CDBG activity related to economic development, including commercial or industrial rehab, commercial or industrial land acquisition, commercial or industrial...

  2. Politico-economic equivalence

    DEFF Research Database (Denmark)

    Gonzalez Eiras, Martin; Niepelt, Dirk

    2015-01-01

    Traditional "economic equivalence'' results, like the Ricardian equivalence proposition, define equivalence classes over exogenous policies. We derive "politico-economic equivalence" conditions that apply in environments where policy is endogenous and chosen sequentially. A policy regime...... and a state are equivalent to another such pair if both pairs give rise to the same allocation in politico-economic equilibrium. The equivalence conditions help to identify factors that render institutional change non-neutral and to construct politico-economic equilibria in new policy regimes. We exemplify...... their use in the context of several applications, relating to social security reform, tax-smoothing policies and measures to correct externalities....

  3. Globalization and Economic Freedom

    DEFF Research Database (Denmark)

    Bjørnskov, Christian

    2006-01-01

    This paper employs a panel data set to estimate the effect of globalization on four measures of economic freedom. Contrary to previous studies, the paper distinguishes between three separate types of globalization: economic, social and political. It also separates effects for poor and rich...... countries, and autocracies and democracies. The results show that economic globalization is negatively associated with government size and positively with regulatory freedom in rich countries; social globalization is positively associated with legal quality in autocracies and with the access to sound money...... in democracies. Political globalization is not associated with economic freedom...

  4. Buddhism, Business, and Economics

    DEFF Research Database (Denmark)

    Brox, Trine; Williams-Oerberg, Elizabeth Lane

    2017-01-01

    This chapter takes the relationship that Buddhists have historically had with economic practices as a starting point for discussing contemporary entanglements of Buddhism and economy. Based on a literary review of previous studies on Buddhism and business and building upon our own research, we......-monk exchange relations, Buddhist economic ethics, monastic businesses, spiritual consumerism, globalized Buddhism, secularized Buddhist technologies in the corporate world, and Buddhist branding, all of which testify to the diverse modalities of Buddhism and economic relations, illuminating also the economic...

  5. Contemporary engineering economics

    CERN Document Server

    Park, Chan S

    2011-01-01

    Contemporary Engineering Economics, 5/e, is intended for undergraduate engineering students taking introductory engineering economics while appealing to the full range of engineering disciplines for which this course is often required: industrial, civil, mechanical, electrical, computer, aerospace, chemical, and manufacturing engineering, as well as engineering technology. This edition has been thoroughly revised and updated while continuing to adopt a contemporary approach to the subject, and teaching, of engineering economics. This text aims not only to build a sound and comprehensive coverage of engineering economics, but also to address key educational challenges, such as student difficulty in developing the analytical skills required to make informed financial decisions.

  6. Globalization and Economic Freedom

    DEFF Research Database (Denmark)

    Bjørnskov, Christian

    2006-01-01

    This paper employs a panel data set to estimate the effect of globalization on four measures of economic freedom. Contrary to previous studies, the paper distinguishes between three separate types of globalization: economic, social and political. It also separates effects for poor and rich...... countries, and autocracies and democracies. The results show that economic globalization is negatively associated with government size and positively with regulatory freedom in rich countries; social globalization is positively associated with legal quality in autocracies and with the access to sound money...... in democracies. Political globalization is not associated with economic freedom...

  7. Industrial Economics in Scandinavia

    DEFF Research Database (Denmark)

    Foss, Nicolai Juul; Møllgaard, Peter

    2004-01-01

    Based on diverse research methods, we trace and map industrial economics research in Denmark, Norway and Sweden in the periode of 1880 to 1908. After describing this research in terms of key contributors, we argue that industrial economics developed rather unevenly in the Scandinavian countries....... Danish research was mainly theoretical and strongly oriented towards the international context, whereas Norwegian research was largely industry analysis with a strong leaning towards managerial economics. Swedish research in industrial economics is very scant until the end of the 1960s.JEL Code: B1, B2...

  8. Teen Addiction. Current Controversies Series.

    Science.gov (United States)

    Winters, Paul A., Ed.

    The Current Controversies series explores social, political, and economic controversies that dominate the national and international scenes today from a variety of perspectives. Recent surveys have shown that, after years of decline, drug use among teenagers has increased during the 1990s, and that alcohol and tobacco use have remained…

  9. Essays in environmental economics

    Science.gov (United States)

    Bartz-Marvez, Sherry L.

    This body of work contributes to the literature on two current topics in environmental economics: (1) the relationship between economic development and environmental degradation; and (2) the effectiveness of mandatory information disclosure as a regulatory instrument. For the first topic, we link theoretical and empirical Environmental Kuznets Curve research by using calibration and simulation to test a growth model with environmental quality as a normal good and emissions as a factor of production. We use U.S. macroeconomic, emissions and compliance data to calibrate parameters representing preferences for environmental quality and marginal abatement costs. We simulate the model starting from a less-developed initial condition and compare the predicted pollution-income relationship with that in the data. Our results are mixed. Some support exists for the theory that an inverted U-shape results from a corner solution in which less developed countries do not abate pollution. However, pollution peaks at a level of per capita income which is much lower than that observed in the U.S. data. For the second topic, we study the effectiveness of mandatory information disclosure as environmental regulation. Community-right-to-know programs such as the EPA's Toxic Release Inventory (TRI) use mandatory information disclosure to "shame" dirty firms into reducing emissions. The idea is that the public---armed with previously unavailable emissions information---will pressure firms with higher-than-expected emissions to "clean-up." We use the electricity industry to study the impact of price-and-entry deregulation on the effectiveness of the TRI. Using event studies, we find that, on average, utilities experience losses in firm value immediately following TRI announcements. Using panel regressions, we show that toxic emissions released in regulated states are associated with decreases in firm value while those released in deregulated states are associated with increases in firm

  10. Historical and Critical Review on Biophysical Economics

    Science.gov (United States)

    Adigüzel, Yekbun

    2016-07-01

    Biophysical economics is initiated with the long history of the relation of economics with ecological basis and biophysical perspectives of the physiocrats. It inherently has social, economic, biological, environmental, natural, physical, and scientific grounds. Biological entities in economy like the resources, consumers, populations, and parts of production systems, etc. could all be dealt by biophysical economics. Considering this wide scope, current work is a “biophysical economics at a glance” rather than a comprehensive review of the full range of topics that may just be adequately covered in a book-length work. However, the sense of its wide range of applications is aimed to be provided to the reader in this work. Here, modern approaches and biophysical growth theory are presented after the long history and an overview of the concepts in biophysical economics. Examples of the recent studies are provided at the end with discussions. This review is also related to the work by Cleveland, “Biophysical Economics: From Physiocracy to Ecological Economics and Industrial Ecology” [C. J. Cleveland, in Advances in Bioeconomics and Sustainability: Essay in Honor of Nicholas Gerogescu-Roegen, eds. J. Gowdy and K. Mayumi (Edward Elgar Publishing, Cheltenham, England, 1999), pp. 125-154.]. Relevant parts include critics and comments on the presented concepts in a parallelized fashion with the Cleveland’s work.

  11. Health economics of gastroesophageal reflux disease.

    Science.gov (United States)

    Sadowski, D; Champion, M; Goeree, R; Leddin, D; Otten, N; Morris, G; Beck, I; Faloon, T; Fedorak, R N

    1997-09-01

    The present study provides an overview of the current state of health economics studies of gastroesophageal reflux disease (GERD). It indicates the strengths and weaknesses of individual studies, and the state of health economics analysis in general as they apply to GERD. Specifically, this study adopts a pharmacoeconomic perspective, which is a subsection of health economics analytical methods, to provide a comparative analysis of alternative courses of action based on cost and consequence. The pharmacoeconomic outlook is most effective when it considers a comprehensive societal perspective, with special consideration given to other relevant viewpoints, such as the payer, the primary provider and, most important, the patient. Pharmacoeconomics provides several specific analytical techniques for GERD-related health economics analysis. The Canadian Association of Gastroenterology consensus conference on GERD in 1996 thought that a cost effective analysis was the most appropriate technique to assess the pharmacoeconomics of GERD. Six previous studies on GERD health economics have been performed comparing omeprazole with H2 receptor antagonists. These studies vary in cost data collected and in analytical techniques. In general, the existing outcome measurements of these previous health economics studies are not ideal. Namely, they combine various GERD grades, use randomized controls, are endoscopically based, assess pharmaceutical therapy only and are short term. More appropriate health economic trials in GERD, which focus on GERD management strategies and therapeutic treatment of GERD, need to be designed and conducted. These economic assessments, however, should not replace detailed thinking, careful observation, good judgement and common sense.

  12. Economizing strategies during an economic crisis

    NARCIS (Netherlands)

    Bronner, F.; Hoog, de R.

    2012-01-01

    Recently, the consumer was hit hard by the consequences of the global economic crisis, which still has effects on tourists’ spending. These effects are investigated using a general framework linking crises/disasters to individual tourist behavior. In 2010, data were collected in the Netherlands abou

  13. Economic Engagement Framework: Economic Impact Guidelines

    Science.gov (United States)

    Ambargis, Zoë; Mead, Charles Ian; Rzeznik, Stanislaw J.; Swenson, David; Weisenberger, Janet

    2014-01-01

    The Association of Public and Land-grant Universities' (APLU's) Commission on Innovation, Competitiveness, and Economic Prosperity (CICEP) views university contributions to the economy across a spectrum of activity--from educating students and creating the talent necessary for the 21st century workforce to developing innovation ecosystems and…

  14. Antithetic Foundations of Economics

    Directory of Open Access Journals (Sweden)

    Marin Dinu

    2011-03-01

    Full Text Available This paper aims at decrypting the manner in which the foundations of Economics as a science and the meanings of the relevant explanatory formulas are being shaped. My analytical endeavor focuses on understanding the peculiarities of what is referred to as the object of study of the science known as Economics, an academic synthesis of concept-related breakthroughs regarding economicity. The explicit purpose of this analysis is to identify perennial benchmarks in economic cognition whereby this ensures its consistency. The implicit purpose is to shape a cognitive model in line with the specifics of the conceptual universe of Economics, as well as with the sources of the economic realities that are subject to a sui-generis relativism. The primary benefit of this endeavor consists in systemizing the conceptual prospects with an antithetic nature that allow for the explanations of the state of economic rationality and generate the understanding of what the source of economicity is and how it behaves. As such, the conclusions are marked by the stringent need of more precisely defining economic knowledge in order to match the changing nature of economic reality, as an expression that embraces the meeting point of two ontological vistas that are methodologically separated by some theories: human nature and human condition. Economics as a science thus features, apart from a conceptual substrate that needs to be spotted, an ontological background that needs to be revealed. The role played by this background appears to be most frequently ignored. The joint identification of both direct and contextual determinants for a sensitive area of humankind, i.e. the economy, is a direction to be followed by the royal path of rational knowledge.

  15. Marketization and Economic Performance

    DEFF Research Database (Denmark)

    Hansen, Morten Balle

    2010-01-01

    . A reform enforcing compulsory competitive tendering in homecare for elderly people in Denmark is analysed and its relation to measures of economic performance is explored. Two competing models of marketization are contrasted in the analysis: a problem solving model inspired by public choice ideology...... little impact on economic performance is found, which lends support to an institutional interpretation of the findings....

  16. Essays on labour economics

    NARCIS (Netherlands)

    van Lomwel, A.G.C.

    2000-01-01

    This thesis contains a collection of both empirical and theoretical papers on labour economics. The first paper analyses the effects of macro-economic conditions on the incidence and duration of unemployment, comparing different age groups. In the second per we extend our analysis by distinguishing

  17. Translational Health Economics

    NARCIS (Netherlands)

    Rogowski, Wolf; John, Jürgen; IJzerman, Maarten; Scheffler, Richard M.

    2016-01-01

    Translational health economics (THE) can be defined as the use of theoretical concepts and empirical methods in health economics to bridge the gap between the decision to fund and use a new health technology in clinical practice (the backend of translational medicine) and the decision to invest into

  18. Fundamentals of Business Economics

    OpenAIRE

    2013-01-01

    Powerpoint presentations of the 9 theoretical units of the subject: Fundamentals of Business Economics. Business Administration Degree. Faculty of Economics. University of Alicante En el marco de ayudas a preparación de materiales docentes en lengua inglesa, por parte del Servei de Política Llingüística de la Universidad de Alicante

  19. Economics of Agroforestry

    Science.gov (United States)

    D. Evan Mercer; Frederick W. Cubbage; Gregory E. Frey

    2014-01-01

    This chapter provides principles, literature and a case study about the economics of agroforestry. We examine necessary conditions for achieving efficiency in agroforestry system design and economic analysis tools for assessing efficiency and adoptability of agroforestry. The tools presented here (capital budgeting, linear progranuning, production frontier analysis...

  20. Essays in antitrust economics

    NARCIS (Netherlands)

    Verouden, V.C.H.M.

    2001-01-01

    Competition law - or antitrust law, as it is called in the United States - is a field of law to which economic concepts, such as "restriction of competition" and "anti-competitive effect", are of central importance. This thesis analyses a number of such concepts, both from an economic and a legal pe