CENTRAL BANKS AND FINANCIAL STABILITY - Literature review

Directory of Open Access Journals (Sweden)

Adina APÃTÃCHIOAE

2013-06-01

Full Text Available Financial stability is a feature of the financial system, reflecting its ability to determine an efficient allocation of the resources and to manage financial risk by its own self-regulating mechanisms. Since the condition of financial systems changes over time, due to various shocks that components suffers, financial stability is a dynamic feature, but the system itself is constantly attempting to recover under the action of specific auto regulatory mechanisms. It is generally accepted that central banks play an important role in ensuring financial stability, there are a number of specific features that can help them achieve financial stability. Recent phenomena such as deregulation, globalization, the intensification of innovation, and so on, have supplemented the functions of central banks and at the same time, led to an intensification of links between banking and other large sectors of the financial system: insurance and financial markets.The objective of this article is to present the different views in the literature on the role of the central bank in ensuring financial stability and the new challenges that she must confront in assuming this new mandate. The role of central banks in ensuring financial stability is in the forefront and should be expanded beyond the traditional functions of stability, which determined that monetary and stability policies to converge. Moreover, due to vulnerabilities manifested by the financial markets in recent decades and that capital flows have become more intense, these vulnerabilities may spread rapidly, increasing the fragility of all markets and, for this reason, ensuring financial stability has become a key objective of public policies. Especially, since the stability of financial systems stimulates economic development and improved living standards, the competent authorities pays a particular attention to these issues

30 CFR 56.3130 - Wall, bank, and slope stability.

Science.gov (United States)

2010-07-01

... 30 Mineral Resources 1 2010-07-01 2010-07-01 false Wall, bank, and slope stability. 56.3130... Mining Methods § 56.3130 Wall, bank, and slope stability. Mining methods shall be used that will maintain wall, bank, and slope stability in places where persons work or travel in performing their assigned...

Banking Competition and Economic Stability

OpenAIRE

Ronald Fischer; Nicolás Inostroza; Felipe J. Ramírez

2013-01-01

We consider a two-period model of a banking system to explore the effects of competition on the stability and efficiency of economic activity. In the model, competing banks lend to entrepreneurs. After entrepreneurs receive the loans for their projects, there is a probability of a shock. The shock implies that a fraction of firms will default and be unable to pay back their loans. This will require banks to use their capital and reserves to pay back depositors, restricting restrict second per...

Stream bank and sediment movement associated with 2008 flooding, South Fork Iowa River

Science.gov (United States)

Stream bank erosion can cause substantial damage to riparian systems and impact the use of water downstream. Risks of bank erosion increase during extreme flood events, and frequencies of extreme events may be increasing under changing climate. We assessed bank erosion within the South Fork Iowa Riv...

Financial Stability and Central Bank Governance

NARCIS (Netherlands)

Koetter, Michael; Roszbach, Kasper; Spagnolo, Giancarlo

2014-01-01

The financial crisis has ignited a debate about the appropriate objectives and the governance structure of Central Banks. We use novel survey data to investigate the relation between these traits and banking system stability focusing in particular on their role in micro-prudential supervision. We

Active Risk Management and Banking Stability

NARCIS (Netherlands)

Silva Buston, C.F.

2013-01-01

Abstract: This paper analyzes the net impact of two opposing effects of active risk management at banks on their stability: higher risk-taking incentives and better isolation of credit supply from varying economic conditions. We present a model where banks actively manage their portfolio risk by

New possibilities for slope stability assessment of spoil banks

Energy Technology Data Exchange (ETDEWEB)

Radl, A [Palivovy Kombinat, Vresova (Czechoslovakia)

1991-03-01

Discusses problems associated with slope stability of spoil banks consisting of sedimentary rocks from brown coal surface mining. Effects of rock physical properties on slope stability are analyzed: grain size distribution, compression strength, moisture content, angle of internal friction, etc. Mechanism of plastic slope deformation which occurs during a landslide is evaluated. Formulae for calculating slope stability considering stress distribution in a spoil bank (including all the main factors that influence stresses) are derived. Practical use of the gamma-gamma logging and logging schemes used in geodetic surveys of unstable spoil banks in Czechoslovakia (the Vintirov spoil bank in the Sokolov brown coal district) are discussed. 5 refs.

Assessing stream bank condition using airborne LiDAR and high spatial resolution image data in temperate semirural areas in Victoria, Australia

Science.gov (United States)

Johansen, Kasper; Grove, James; Denham, Robert; Phinn, Stuart

2013-01-01

Stream bank condition is an important physical form indicator for streams related to the environmental condition of riparian corridors. This research developed and applied an approach for mapping bank condition from airborne light detection and ranging (LiDAR) and high-spatial resolution optical image data in a temperate forest/woodland/urban environment. Field observations of bank condition were related to LiDAR and optical image-derived variables, including bank slope, plant projective cover, bank-full width, valley confinement, bank height, bank top crenulation, and ground vegetation cover. Image-based variables, showing correlation with the field measurements of stream bank condition, were used as input to a cumulative logistic regression model to estimate and map bank condition. The highest correlation was achieved between field-assessed bank condition and image-derived average bank slope (R2=0.60, n=41), ground vegetation cover (R=0.43, n=41), bank width/height ratio (R=0.41, n=41), and valley confinement (producer's accuracy=100%, n=9). Cross-validation showed an average misclassification error of 0.95 from an ordinal scale from 0 to 4 using the developed model. This approach was developed to support the remotely sensed mapping of stream bank condition for 26,000 km of streams in Victoria, Australia, from 2010 to 2012.

THE BANKING SUPERVISION: CAN IT REDUCE THE RISK-TAKING AND, CONSEQUENTLY, STRENGTHEN THE STABILITY OF THE BANKING SECTOR IN MOLDOVA?

Directory of Open Access Journals (Sweden)

Elena MARGARINT

2015-12-01

Full Text Available Actuality: The empirical studies on the impact of the supervision on the stability of the banking sector are mitigated, varying depending on the particular characteristics of the bank and, in addition, the country's policy in which banks operate. This is why this study is important for the banking sector in Moldova. Purpose: The objective of this article is to studies the effects of the banking supervision on the risk-taking of banks and, consequently, the stability of the banking sector in Moldova. Methods: To order to achieve its purpose, the author applied the method of static panel data with random effect. Results: This empirical analysis reported the following results: increased restrictions on the activities of banks increases the stability of the banking sector. On the other hand, the power and independence of the supervisory authority have a negative impact on the stability of Moldovan banks. The increase of the capital level strengthens the stability of Moldovan banks and, at the same time, reduces the risk. Thus, capital regulations are an important pillar of the policy of the regulation of the banking sector of Moldova.

Toward Design Guidelines for Stream Restoration Structures: Measuring and Modeling Unsteady Turbulent Flows in Natural Streams with Complex Hydraulic Structures

Science.gov (United States)

Lightbody, A.; Sotiropoulos, F.; Kang, S.; Diplas, P.

2009-12-01

Despite their widespread application to prevent lateral river migration, stabilize banks, and promote aquatic habitat, shallow transverse flow training structures such as rock vanes and stream barbs lack quantitative design guidelines. Due to the lack of fundamental knowledge about the interaction of the flow field with the sediment bed, existing engineering standards are typically based on various subjective criteria or on cross-sectionally-averaged shear stresses rather than local values. Here, we examine the performance and stability of in-stream structures within a field-scale single-threaded sand-bed meandering stream channel in the newly developed Outdoor StreamLab (OSL) at the St. Anthony Falls Laboratory (SAFL). Before and after the installation of a rock vane along the outer bank of the middle meander bend, high-resolution topography data were obtained for the entire 50-m-long reach at 1-cm spatial scale in the horizontal and sub-millimeter spatial scale in the vertical. In addition, detailed measurements of flow and turbulence were obtained using acoustic Doppler velocimetry at twelve cross-sections focused on the vicinity of the structure. Measurements were repeated at a range of extreme events, including in-bank flows with an approximate flow rate of 44 L/s (1.4 cfs) and bankfull floods with an approximate flow rate of 280 L/s (10 cfs). Under both flow rates, the structure reduced near-bank shear stresses and resulted in both a deeper thalweg and near-bank aggradation. The resulting comprehensive dataset has been used to validate a large eddy simulation carried out by SAFL’s computational fluid dynamics model, the Virtual StreamLab (VSL). This versatile computational framework is able to efficiently simulate 3D unsteady turbulent flows in natural streams with complex in-stream structures and as a result holds promise for the development of much-needed quantitative design guidelines.

THE IMPORTANCE OF BANKING SUPERVISION IN ENSURING FINANCIAL STABILITY

Directory of Open Access Journals (Sweden)

CĂRUNTU GENU ALEXANDRU

2014-12-01

Full Text Available Financial stability plays a vital role in terms of the financial system and the economy as a whole. Analysis and management of risks in the banking sector in order to achieve the financial stability of the whole banking system requires the use of established methods in modern management of risk. The financial crisis has demonstrated certain limits in terms of efficient management of risk. In this respect supervisory authorities have developed a number of methods and techniques to detect, monitor and amount of risk. In the present context, to enhance the stability of the banking system and prevent systemic risk, it is proposed to revise the Basel II Agreement. It was necessary to review the existing prudential regulations defining, embodied in Basel III. This new agreement brings more clarity in the financial and banking sector, addresses a wider range of risks, providing a better regulator

Relative performance of three stream bed stability indices as indicators of stream health.

Science.gov (United States)

Kusnierz, Paul C; Holbrook, Christopher M

2017-10-16

Bed stability is an important stream habitat attribute because it affects geomorphology and biotic communities. Natural resource managers desire indices of bed stability that can be used under a wide range of geomorphic conditions, are biologically meaningful, and are easily incorporated into sampling protocols. To eliminate potential bias due to presence of instream wood and increase precision of stability values, we modified a stream bed instability index (ISI) to include measurements of bankfull depth (d bf ) and median particle diameter (D 50 ) only in riffles and increased the pebble count to decrease variability (i.e., increase precision) in D 50 . The new riffle-based instability index (RISI) was compared to two established indices: ISI and the riffle stability index (RSI). RISI and ISI were strongly associated with each other but neither was closely associated with RSI. RISI and ISI were closely associated with both a diatom- and two macrovertebrate-based stream health indices, but RSI was only weakly associated with the macroinvertebrate indices. Unexpectedly, precision of D 50 did not differ between RISI and ISI. Results suggest that RISI is a viable alternative to both ISI and RSI for evaluating bed stability in multiple stream types. With few data requirements and a simple protocol, RISI may also better conform to riffle-based sampling methods used by some water quality practitioners.

Electrogravitational stability of oscillating streaming fluid cylinder

International Nuclear Information System (INIS)

Hasan, Alfaisal A.

2011-01-01

The electrogravitational instability of on oscillating streaming fluid cylinder under the action of the selfgravitating, capillary and electrodynamic forces has been discussed. The model is governed by the Mathieu second order integro-differential equation. Some limiting cases are recovering from the present general one. The capillary force is destabilizing in a small axisymmetric domain 0< x<1 and stabilizing otherwise. In the absence of electric fields, we found that the model is unstable in a small domain while it is selfgravitating stable in all other domains. The presence of the electric field led to the presence of a great number of stable waves. The electric field has a strong stabilizing influence on the selfgravitating instability of the model. The capillary force has a strong destabilizing influence on the selfgravitating instability of the model. Generally, the uniform stream supports the unstable waves, while the oscillating streaming has stability tendency.

Evaluating the Financial Stability of Banking System, Considering the Emergence Property

Directory of Open Access Journals (Sweden)

Lesik Vitaliy O.

2017-03-01

Full Text Available The article is concerned with analyzing the existing approaches to evaluation of the financial stability of banking system, substantiating the expedience of accounting, and generalizing the characteristics of the emergence property to determine its level. The article considers the interrelation of concepts of «financial stability» and «financial sustainability», the necessity of their correlation, taking account of the time factor, has been substantiated. A critical analysis of the approaches to evaluating the financial stability of banking system has been carried out, their eligibility according to the criteria of accounting of the identification attributes of systemacity and the analytical data aggregation has been examined. To determine the status of banking system as a system phenomenon, the necessity of carrying out an evaluation of its financial stability on the basis of the emergence approach has been substantiated, including the following directions: intensity of credit and financial interaction in the interbank market; functional load of the banking system as to ensuring the macroeconomic development; structural changes and financial disparities in the banking system; scale effects that arise as a consequence of change in the main financial parameters of the system banks.

Stability evaluation of modernized bank protections in a culvert construction

Science.gov (United States)

Cholewa, Mariusz; Plesiński, Karol; Kamińska, Katarzyna; Wójcik, Izabela

2018-02-01

The paper presents stability evaluation of the banks of the Wilga River on a chosen stretch in Koźmice Wielkie, Małopolska Province. The examined stretch included the river bed upstream from the culvert on a district road. The culvert construction, built over four decades ago, was disassembled in 2014. The former construction, two pipes that were 1.4 m in diameter, was entirely removed. The investor decided to build a new construction in the form of insitu poured reinforced concrete with a 4 x 2 m cross section. Change of geometry and different location in relation to the river current caused increase in the flow velocity and, as a consequence, erosion of both protected and natural banks. Groundwater conditions were determined based on the geotechnical tests that were carried out on soil samples taken from the banks and the river bed. Stability calculations of natural slopes of the Wilga River and the ones protected with riprap indicate mistakes in the design project concerning construction of the river banks. The purpose of the study was to determine the stability of the Wilga River banks on a selected section adjacent to the rebuilt culvert. Stability of a chosen cross section was analysed in the paper. Presented conclusions are based on the results of geotechnical tests and numerical calculations.

Liberal economic nationalism, financial stability, and Commission leniency in Banking Union

NARCIS (Netherlands)

Donnelly, Shawn

2017-01-01

This paper demonstrates that protection and promotion of insolvent banks remains a high priority for national authorities in Europe, and the Commission partially accommodates these impulses in the desire to preserve national financial stability. Insolvent banks are kept alive despite Banking Union

Effects of natural-channel-design restoration on habitat quality in Catskill Mountain streams, New York

Science.gov (United States)

Ernst, Anne G.; Baldigo, Barry P.; Mulvihill, Christiane; Vian, Mark

2010-01-01

Stream restoration has received much attention in recent years, yet there has been little effort to evaluate its impacts on physical habitat, stability, and biota. A popular but controversial stream restoration approach is natural channel design (NCD), which cannot be adequately evaluated without a long-term, independent assessment of its effects on stream habitat. Six reaches of five Catskill Mountain streams in southeastern New York were restored during 2000–2003 following NCD techniques to decrease bed and bank degradation, decrease sediment loads, and improve water quality. Habitat surveys were conducted during summer low flows from 2001 to 2007. The effects of the NCD projects on stream condition were assessed via a before–after–control–impact study design to quantify the net changes in stream and bank habitat variables relative to those in unaltered control reaches. Analysis of variance tests of three different measures of bank stability show that on average stream stability increased at treatment sites for 2–5 years after restoration. Mean channel depth, thalweg depth, and the pool–riffle ratio generally increased, whereas mean channel width, percent streambank coverage by trees, and shade decreased. Habitat suitability indices for local salmonid species increased at four of six reaches after restoration. The changes in channel dimensions rendered them generally more characteristic of stabler stream forms in the given valley settings. Although these studies were done relatively soon after project completion, our findings demonstrate that habitat conditions can be improved in degraded Catskill Mountain streams through NCD restoration.

Efficiency and stability: A comparative study between islamic and conventional banks in GCC countries

Directory of Open Access Journals (Sweden)

Mohammad Dulal Miah

2017-12-01

Full Text Available This research aims at examining the differences between Islamic and conventional banks in terms of business orientation, stability, and efficiency. Data for this research are collected from 48 conventional banks and 28 Islamic banks of the Gulf Cooperative Council (GCC countries over the period 2005 to 2014. Collected data are analyzed using accounting ratios, Stochastic Frontier Analysis (SFA, and ordinary least square (OLS regression technique. Results show that conventional banks are more efficient in managing cost than their Islamic counterparts. However, Islamic banks are more solid in terms of short-term solvency but no such difference exists as far as the long-term stability is concerned. Regression estimation further shows that the operations of Islamic banks are different from their conventional counterparts and the results remain statistically significant even after controlling for bank specific variables. Moreover, larger banks have less intermediation ratio which indicates diseconomies of scale. Results also indicate that highly capitalized banks are more stable but cost inefficient which proves that capital-rich banks have failed to capitalize on the leverage effect. JEL classification: G21, G28, Keywords: Cost efficiency, Financial stability, Financial crisis, Islamic banks, GCC

Shifting stream planform state decreases stream productivity yet increases riparian animal production

Science.gov (United States)

Venarsky, Michael P.; Walters, David M.; Hall, Robert O.; Livers, Bridget; Wohl, Ellen

2018-01-01

In the Colorado Front Range (USA), disturbance history dictates stream planform. Undisturbed, old-growth streams have multiple channels and large amounts of wood and depositional habitat. Disturbed streams (wildfires and logging production, emerging aquatic insect flux, and riparian spider biomass. Organic matter and macroinvertebrate production did not differ among sites per unit area (m−2), but values were 2 ×–21 × higher in undisturbed reaches per unit of stream valley (m−1 valley) because total stream area was higher in undisturbed reaches. Insect emergence was similar among streams at the per unit area and per unit of stream valley. However, rescaling insect emergence to per meter of stream bank showed that the emerging insect biomass reaching the stream bank was lower in undisturbed sites because multi-channel reaches had 3 × more stream bank than single-channel reaches. Riparian spider biomass followed the same pattern as emerging aquatic insects, and we attribute this to bottom-up limitation caused by the multi-channeled undisturbed sites diluting prey quantity (emerging insects) reaching the stream bank (riparian spider habitat). These results show that historic landscape disturbances continue to influence stream and riparian communities in the Colorado Front Range. However, these legacy effects are only weakly influencing habitat-specific function and instead are primarily influencing stream–riparian community productivity by dictating both stream planform (total stream area, total stream bank length) and the proportional distribution of specific habitat types (pools vs riffles).

Shifting stream planform state decreases stream productivity yet increases riparian animal production

Science.gov (United States)

Venarsky, Michael P.; Walters, David M.; Hall, Robert O.; Livers, Bridget; Wohl, Ellen

2018-01-01

In the Colorado Front Range (USA), disturbance history dictates stream planform. Undisturbed, old-growth streams have multiple channels and large amounts of wood and depositional habitat. Disturbed streams (wildfires and logging tested how these opposing stream states influenced organic matter, benthic macroinvertebrate secondary production, emerging aquatic insect flux, and riparian spider biomass. Organic matter and macroinvertebrate production did not differ among sites per unit area (m−2), but values were 2 ×–21 × higher in undisturbed reaches per unit of stream valley (m−1 valley) because total stream area was higher in undisturbed reaches. Insect emergence was similar among streams at the per unit area and per unit of stream valley. However, rescaling insect emergence to per meter of stream bank showed that the emerging insect biomass reaching the stream bank was lower in undisturbed sites because multi-channel reaches had 3 × more stream bank than single-channel reaches. Riparian spider biomass followed the same pattern as emerging aquatic insects, and we attribute this to bottom-up limitation caused by the multi-channeled undisturbed sites diluting prey quantity (emerging insects) reaching the stream bank (riparian spider habitat). These results show that historic landscape disturbances continue to influence stream and riparian communities in the Colorado Front Range. However, these legacy effects are only weakly influencing habitat-specific function and instead are primarily influencing stream–riparian community productivity by dictating both stream planform (total stream area, total stream bank length) and the proportional distribution of specific habitat types (pools vs riffles).

The Impact of Revenue Diversification on Bank Profitability and Stability: Empirical Evidence from South Asian Countries

Directory of Open Access Journals (Sweden)

Shoaib Nisar

2018-04-01

Full Text Available This paper is a contribution to the ongoing debate on the benefits and drawbacks of bank revenue diversification. Revenue diversification may benefit banks if diversified activities are inherently less risky and possess high returns, while it may hurt banks if diversified activities are more risky and have low returns. Analyzing a panel dataset of 200 commercial banks from all South Asian countries, we found that overall revenue diversification into non-interest income has a positive impact on the profitability and stability of South Asian commercial banks. We further observed that different types of non-interest income-generating activities have different impacts on bank performance and stability. While fees and commission incomes have a negative impact on the profitability and stability of South Asian commercial banks, other non-interest income has a positive impact. Our results imply that banks can benefit from revenue diversification if they diversify into specific types of non-interest income-generating activities. Our findings are robust and relevant to the use of alternative measures of revenue diversification, profitability and stability.

Experimental research on stability of covering blocks for sloping banks

International Nuclear Information System (INIS)

Okuno, Toshihiko

1988-01-01

In the case of constructing thermal and nuclear power stations facing open seas, usually the harbors for unloading fuel and others are constructed. In Japan, breakwaters are installed in the places of relatively shallow depth less than 20 m, and in such case, the sloping banks having the covering material of wave-controlling blocks made of concrete are mostly adopted as those are excellent in their function and economical efficiency, and are advantageous in the maintenance and management. Sloping banks are of such type that wave-controlling blocks cover the vertical front face of nonpermeating caissons, and the same type was adopted for breakwaters and others in Onagawa Nuclear Power Station, Tohoku Electric Power Co., Inc. As for the wave-controlling blocks, tetrapods and shake blocks were used. One of the most important problems in the design of sloping banks is how to estimate the stability of wave controlling blocks. In this paper, the results of the examination by hydraulic model experiment on the stability of covering blocks are reported, which are useful as the basic data for the rational and economical design of sloping banks. The experimental setup and a model bank, the generation of experimental waves and their characteristics, the experimental conditions and experimental method, and the results are reported. (Kako, I.)

Macrophyte presence is an indicator of enhanced denitrification and nitrification in sediments of a temperate restored agricultural stream

Science.gov (United States)

Stream macrophytes are often removed with their sediments to deepen stream channels, stabilize channel banks, or provide habitat for target species. These sediments may support enhanced nitrogen processing. To evaluate sediment nitrogen processing, identify seasonal patterns, and...

Components of formalized description of selecting tools for ensuring stability of banking system

Directory of Open Access Journals (Sweden)

N.P. Pogorelenko

2015-09-01

Full Text Available A banking system is one of the key elements of a financial market of any country. Effectiveness and functional orientation of a banking system provide continuous and targeted financial resources flowing between different sectors of economy and this allows to perform economic activities of various entities. Thus, a banking system plays an essential role in the formation of market relations. A question of stable functioning of a banking system can be defined as a key one. The basic task is to improve the management of a banking system by achieving its stability. The disclosure of formalized description of the definition of tools to influence the selection procedure for ensuring stability of a banking system should be determined as the primary objective. For reaching the goal a comparative study has been introduced and generalized concerning the concept definition of «banking system» and the ideology of its management according to the circumstances and factors of influence. The combination of individual components is to determine the instruments of influence on the banking system activity in the form of chain ties. On the base of the analysis carried out the article grounds the necessity of the generalized use of formalized description of the procedures for selecting instruments for ensuring stability of a banking system. For the purpose of this procedure the author has also grounded, determined and disclosed some of its components. To implement the relevant qualitative phase of formalization the author has proposed the use of chain patterns, and to quantify the individual parameters of such a procedure the methodology of border stochastic analysis has been offered. As a scientific novelty of the present research it is necessary to note the qualitative and quantitative phases for formal presentation of describing procedures for the selection of tools to ensure banking system stability as well as the introduction of chain schemes for the

Does the European financial stability bail out sovereigns or banks : An event study

NARCIS (Netherlands)

Horváth, Bálint; Huizinga, Harry

2015-01-01

On May 9, 2010 euro zone countries announced the creation of the European Financial Stability Facility. This paper investigates the impact of this announcement on bank share prices, bank credit default swap (CDS) spreads, and sovereign CDS spreads. The main private beneficiaries were bank creditors.

The Asymmetric Implementation of the European Banking Union (EBU: Consequences for Financial Stability

Directory of Open Access Journals (Sweden)

Vollmer Uwe

2016-06-01

Full Text Available EU Member States outside the Eurozone are hesitating to enter the European Banking Union (EBU and to establish “close cooperation” in bank supervision with the ECB. This paper analyzes the consequences of such asymmetric integration for financial stability in Europe. It argues that the main obstacles against establishing close cooperation are a lack of voting rights and insufficient access to the fiscal backstop provided by the European Stability Mechanism (ESM. The paper presents arguments as to why international cooperation in bank supervision could be welfare improving, if multinational banks are dominant. It also discusses suitable reform options for making it more attractive for EU Member States to begin a close cooperation with the ECB.

Detecting the impact of bank and channel modification on invertebrate communities in Mediterranean temporary streams (Sardinia, SW Italy).

Science.gov (United States)

Buffagni, Andrea; Tenchini, Roberta; Cazzola, Marcello; Erba, Stefania; Balestrini, Raffaella; Belfiore, Carlo; Pagnotta, Romano

2016-09-15

We hypothesized that reach-scale, bank and channel modification would impact benthic communities in temporary rivers of Sardinia, when pollution and water abstraction are not relevant. A range of variables were considered, which include both artificial structures/alterations and natural features observed in a stream reach. Multivariate regression trees (MRT) were used to assess the effects of the explanatory variables on invertebrate assemblages and five groups, characterized by different habitat modification and/or features, were recognized. Four node variables determined the splits in the MRT analysis: channel reinforcement, tree-related bank and channel habitats, channel modification and bank modification. Continuity of trees in the river corridor diverged among MRT groups and significant differences among groups include presence of alders, extent of channel shading and substrate diversity. Also, the percentage of in-stream organic substrates, in particular CPOM/Xylal, showed highly significant differences among groups. For practical applications, thresholds for the extent of channel reinforcement (40%) and modification (10%) and for bank alteration (≈30%) were provided, that can be used to guide the implementation of restoration measures. In moderately altered river reaches, a significant extent of tree-related habitats (≈5%) can noticeably mitigate the effects of morphological alteration on aquatic invertebrates. The outcomes highlight the importance of riparian zone management as an opportune, achievable prospect in the restoration of Mediterranean temporary streams. The impact of bank and channel modification on ecological status (sensu WFD) was investigated and the tested benthic metrics, especially those based on abundance data, showed legible differences among MRT groups. Finally, bank and channel modification appears to be a potential threat for the conservation of a few Sardo-Corsican endemic species. The introduction of management criteria that

THE USE OF GEOMORPHOLOGY IN THE ASSESSMENT OF STREAM STABILITY

Science.gov (United States)

Various applications of geomorphic data and stream stability rating systems are being considered in order to establish tools for the development of TMDLs for clean sediment in streams. The transport of "clean" sediment, as opposed to contaminated sediment, is of concern to the en...

Development of a methodology of evaluation of financial stability of commercial banks

Directory of Open Access Journals (Sweden)

Brauers Willem Karel M.

2014-01-01

Full Text Available The field of evaluation of financial stability of commercial banks, which emanates from persistent existence of financial crisis, induces interest of researchers for over a century. The span of prevailing methodologies stretches from over-simplified risk-return approaches to ones comprising large number of economic variables on the micro- and/or macro-economic level. Methodologies of rating agencies and current methodologies reviewed and applied by the ECB are not intended for reducing information asymmetry in the market of commercial banks. In the paper it is shown that the Lithuanian financial system is bankbased with deposits of households being its primary sources, and its stability is primarily depending on behavior of depositors. A methodology of evaluation of commercial banks with features of decreasing information asymmetry in the market of commercial banks is being developed by comparing different MCDA methods.

Banking Competition and Stability : The Role of Leverage

NARCIS (Netherlands)

Freixas, X.; Ma, K.

2014-01-01

This paper reexamines the classical issue of the possible trade-offs between banking competition and financial stability by highlighting different types of risk and the role of leverage. By means of a simple model we show that competition can affect portfolio risk, insolvency risk, liquidity risk,

Design Procedure Enhanced with Numerical Modeling to Mitigate River-Bank Erosion

Directory of Open Access Journals (Sweden)

Elhakeem Mohamed

2016-01-01

Full Text Available In this study, the 2D Finite Element Surface Water Modeling System (FESWMS is used to design barb structures to mitigate river bank erosion in a stream reach located on the Raccoon River near Adel, Iowa, USA just upstream of the US Highway Bridge 169. FESWMS is used also to access the barbs effect on the study reach. The model results showed that the proposed barb structures successfully reduced the flow velocity along the outside bank and increased the velocity in the center of the stream, thereby successfully increased the conveyance towards the core of the river. The estimated velocities values along the river-banks where the barbs exist were within the recommended values for channel stability design. Thus, the barb structures were able to reduce the erosion along the bankline.

THE IMPACT OF THE FOREIGN CAPITAL BANKS ON ENSURING FINANCIAL STABILITY ON LONG TERM

Directory of Open Access Journals (Sweden)

Isac\tBORS

2015-06-01

Full Text Available The present study is focusing on analysing the role played by the foreign banks within the national and international banking system as well the impact the foreign banks have on the autochthon banking system, on the financial activity, on the real economy and on the financial stability on long terms. The research conducted highlights the fact that along the positive impact on the banking system and on the economy of the host country, generated by their quality as vectors of mobilizing and directioning the international financial flows towards the host country, there can also be considered a negative impact. The study shows that the impact of the negative effects, that have as main cause the reversibility of the international financial flows, depends, on a great extent, on the specific conditions of the host country, on the characteristics of the foreign banks, but mostly, by the share held by the foreign countries within the framework of the host banking system. Starting from the role played by the capitalization of the banking system to ensure financial stability, the research made on Romania’s case shows both, the positive effects generated by the presence of the foreign banks and also, their vulnerability in front of this excessive dependence on the foreign capital induced by this presence. The solution to reduce this dependence can only come from the autochthon capital direction whose mobilization may countervail the gap made by the foreign banks and, by surceasing the process of financial disintermediation, to ensure the maintenance of the financial stability on long term.

Effects of Bank Vegetation and Incision on Erosion Rates in an Urban Stream

Directory of Open Access Journals (Sweden)

Emily Arnold

2018-04-01

Full Text Available Changing land-use associated with urbanization has resulted in shifts in riparian assemblages, stream hydraulics, and sediment dynamics leading to the degradation of waterways. To combat degradation, restoration and management of riparian zones is becoming increasingly common. However, the relationship between flora, especially the influence of invasive species, on sediment dynamics is poorly understood. Bank erosion and turbidity were monitored in the Tookany Creek and its tributary Mill Run in the greater Philadelphia, PA region. To evaluate the influence of the invasive species Reynoutria japonica (Japanese knotweed on erosion, reaches were chosen based on their riparian vegetation and degree of incision. Bank pins and turbidity loggers were used to estimate sediment erosion. Erosion calculations based on bank pins suggest greater erosion in reaches dominated by knotweed than those dominated by trees. For a 9.5-month monitoring period, there was 29 cm more erosion on banks that were also incised, and 9 cm more erosion in banks with little incision. Turbidity responses to storm events were also higher (77 vs. 54 NTU (nephelometric turbidity unit in reaches with knotweed, although this increase was found when the reach dominated by knotweed was also incised. Thus, this study linked knotweed to increased erosion using multiple methods.

Bank-derived material dominates fluvial sediment in a suburban Chesapeake Bay watershed

Science.gov (United States)

Cashman, M. J.; Gellis, A.; Gorman-Sanisaca, L.; Noe, G. B.; Cogliandro, V.; Baker, A.

2017-12-01

-water energy characteristics in urbanized watersheds resulting in channel widening and bank failure. Thus, bank stabilization, channel restoration, and/or storm water management to attenuate stream energy may improve the ecological condition of these waterbodies.

Lower Red River Meadow Stream Restoration Project

International Nuclear Information System (INIS)

1996-05-01

As part of a continuing effort to restore anadromous fish populations in the South Fork Clearwater River basin of Idaho, Bonneville Power Administration (BPA) proposes to fund the Lower Red River Meadow Restoration Project (Project). The Project is a cooperative effort with the Idaho Soil and Water Conservation District, Nez Perce National Forest, Idaho Department of Fish and Game (IDFG), and the Nez Perce Tribe of Idaho. The proposed action would allow the sponsors to perform stream bank stabilization, aquatic and riparian habitat improvement activities on IDFG's Red River Management Area and to secure long-term conservation contracts or agreements for conducting streambank and habitat improvement activities with participating private landowners located in the Idaho County, Idaho, study area. This preliminary Environmental Assessment (EA) examines the potential environmental effects of stabilizing the stream channel, restoring juvenile fish rearing habitat and reestablishing a riparian shrub community along the stream

History, physical effects, and management implications of large organic debris in western Oregon streams.

Science.gov (United States)

Frederick Swanson; George W. Lienkaemper; James R. Sedell

1976-01-01

Large organic debris has historically been an important element in small mountain streams of the Pacific Northwest. The debris serves to slow the movement of water and inorganic and fine organic matter through the channel. Debris may remain in the channel for decades or longer, and tends to stabilize some sections of a streambed and stream banks while destabilizing...

Identifying the effects of parameter uncertainty on the reliability of modeling the stability of overhanging, multi-layered, river banks

Science.gov (United States)

Samadi, A.; Amiri-Tokaldany, E.; Davoudi, M. H.; Darby, S. E.

2011-11-01

Composite river banks consist of a basal layer of non-cohesive material overlain by a cohesive layer of fine-grained material. In such banks, fluvial erosion of the lower, non-cohesive, layer typically occurs at a much higher rate than erosion of the upper part of the bank. Consequently, such banks normally develop a cantilevered bank profile, with bank retreat of the upper part of the bank taking place predominantly by the failure of these cantilevers. To predict the undesirable impacts of this type of bank retreat, a number of bank stability models have been presented in the literature. These models typically express bank stability by defining a factor of safety as the ratio of resisting and driving forces acting on the incipient failure block. These forces are affected by a range of controlling factors that include such aspects as the overhanging block geometry, and the geotechnical properties of the bank materials. In this paper, we introduce a new bank stability relation (for shear-type cantilever failures) that considers the hydrological status of cantilevered riverbanks, while beam-type failures are analyzed using a previously proposed relation. We employ these stability models to evaluate the effects of parameter uncertainty on the reliability of riverbank stability modeling of overhanging banks. This is achieved by employing a simple model of overhanging failure with respect to shear and beam failure mechanisms in a series of sensitivity tests and Monte Carlo analyses to identify, for each model parameter, the range of values that induce significant changes in the simulated factor of safety. The results show that care is required in parameterising (i) the geometrical shape of the overhanging-block and (ii) the bank material cohesion and unit weight, as predictions of bank stability are sensitive to variations of these factors.

Three-Dimensional Numerical Modelling of Flow and Sediment Transport for Field Scale Application of Stream Barbs at Sawmill Creek, Ottawa

Science.gov (United States)

Jamieson, E. C.; Rennie, C. D.; Townsend, R. D.

2009-05-01

Stream barbs (a type of submerged groyne or spur dike) are low-profile linear rock structures that prevent the erosion of stream banks by redirecting high velocity flow away from the bank. Stream barbs are becoming a popular method for stream bank protection as they can be built at a relatively low cost and provide added ecological benefit. The design and construction of stream barbs in Sawmill Creek, a small urban stream in the city of Ottawa, Canada, will serve as a demonstration project for the use of barbs as a bank stabilization technique that will contribute to the rehabilitation of urban creeks while reducing erosion threats to property and infrastructure. As well as providing bank protection, these structures promote vegetated stream banks, create resting pools and scour holes for fish habitat, and increase bio-diversity for aquatic species. Despite these benefits, stream barbs are not a common means of stream bank protection in Canada, due largely to a lack of suitable design guidelines. The overall goal of stream habitat restoration in incising channel systems should be to accelerate natural processes of channel equilibrium recovery, riparian re-vegetation, and stream-floodplain interaction. Incorporating stream barbs, instead of traditional bank protection measures, attempts to achieve these goals. A three-dimensional numerical model: 'Simulation in Intakes with Multiblock option' (SSIIM), was used to model the effects of placing a series of stream barbs along an unstable section of Sawmill Creek. The average bankfull depth, width, and discharge of the creek are 1.2 m, 7.5 m, and 9 m3/s respectively. The model was used to assess various design alternatives for a series of seven stream barbs at two consecutive channel bends requiring stabilization measures along their outer banks. Design criteria were principally based on the reduction of velocity, shear stress and subsequent erosion at the outside bank of each bend, and on the relocation of a new thalweg

Challenges of the Central Banks in the Post Crisis Period when Needed to Ensure the Financial Stability

Directory of Open Access Journals (Sweden)

Anisoara Niculina APETRI

2016-09-01

Full Text Available The concerns of the European and domestic monetary authorities to reform the current regulatory but also supervisory framework became our main reason to achieve this scientific approach. The international financial crisis has generated important dysfunctions at the level of the main activity of central banks but also at the level of the objectives that these banks should meet. Thereby, if most central banks have normally pursued the objective clearly stated in their mandate as "price stability", nowadays they are trying to achieve the "financial stability". Thus the main objective of this study particularly concerns: highlighting the role of central banks in ensuring the financial stability; and analyzing the challenges of the central banks after the financial crisis.

Does competition improve financial stability of the banking sector in ASEAN countries? An empirical analysis.

Science.gov (United States)

Noman, Abu Hanifa Md; Gee, Chan Sok; Isa, Che Ruhana

2017-01-01

This study examines the influence of competition on the financial stability of the commercial banks of Association of Southeast Asian Nation (ASEAN) over the 1990 to 2014 period. Panzar-Rosse H-statistic, Lerner index and Herfindahl-Hirschman Index (HHI) are used as measures of competition, while Z-score, non-performing loan (NPL) ratio and equity ratio are used as measures of financial stability. Two-step system Generalized Method of Moments (GMM) estimates demonstrate that competition measured by H-statistic is positively related to Z-score and equity ratio, and negatively related to non-performing loan ratio. Conversely, market power measured by Lerner index is negatively related to Z-score and equity ratio and positively related to NPL ratio. These results strongly support the competition-stability view for ASEAN banks. We also capture the non-linear relationship between competition and financial stability by incorporating a quadratic term of competition in our models. The results show that the coefficient of the quadratic term of H-statistic is negative for the Z-score model given a positive coefficient of the linear term in the same model. These results support the non-linear relationship between competition and financial stability of the banking sector. The study contains significant policy implications for improving the financial stability of the commercial banks.

Competition, liquidity and stability: international evidence at the bank and systemic levels

OpenAIRE

Nguyen, Thi Ngoc My

2017-01-01

This thesis investigates the impact of market power on bank liquidity; the association between competition and systemic liquidity; and whether the associations between liquidity and stability at both bank- and systemic- levels are affected by competition. The first research question is explored in the context of 101 countries over 1996-2013 while the second and the third, which require listed banks, use a smaller sample of 32 nations during 2001-2013. The Panel Least Squares and the system Ge...

Surf Zone Hydrodynamics and its Utilization in Biotechnical Stabilization of Water Reservoir Banks

Directory of Open Access Journals (Sweden)

Petr Pelikán

2014-01-01

Full Text Available The water reservoir banks are eroded mainly by two factors. The first one is wave action (i.e. wave abrasion affecting the bank in direction from the reservoir. The second one is the influence of water flowing downward over the bank surface in direction from land into the reservoir (e.g. rainfall. The determination of regular altitudinal emplacement of proper designed particular biotechnical stabilization elements is the most important factor on which the right functionality of whole construction depends. Surf zone hydrodynamics solves the wave and water level changes inside the region extending from the wave breaking point to the limit of wave up-rush. The paper is focused on the utilization of piece of knowledge from a part of sea coast hydrodynamics and new approach in its application in the conditions of inland water bodies when designing the biotechnical stabilization elements along the shorelines. The “reinforced grass carpets” as a type of biotechnical method of bank stabilization are presented in the paper; whether the growth of grass root system is dependent on presence or absence of geomats in the soil structure and proceeding of their establishment on the shorelines.

Stabilization of the bank upstream on the north shore of the La Grande-1 installation

International Nuclear Information System (INIS)

Massiera, M.

1998-01-01

As part of the completion of the La Grande-1 project, construction of a 2,444 m long dyke was required on the north bank of the La Grande River. Sensitive marine clay, covered with deltaic and river sand and silt deposits was discovered which required special design features such as stabilization of the river bank, to avoid the possibility of disastrous retrogressive slides. This paper describes the geotechnical conditions of the northern terrace and the options available for stabilizing the river bank. Different phases of the construction of the stabilization dyke, including the excavated trench across the terrace, the instrumentation installed and the control measures taken, are also outlined. 8 refs., 1 tab., 3 figs

Magnetohydrodynamic Stability of Streaming Jet Pervaded Internally by Varying Transverse Magnetic Field

Directory of Open Access Journals (Sweden)

Alfaisal A. Hasan

2012-01-01

Full Text Available The Magnetohydrodynamic stability of a streaming cylindrical model penetrated by varying transverse magnetic field has been discussed. The problem is formulated, the basic equations are solved, upon appropriate boundary conditions the eigenvalue relation is derived and discussed analytically, and the results are verified numerically. The capillary force is destabilizing in a small axisymmetric domain 0<<1 and stabilizing otherwise. The streaming has a strong destabilizing effect in all kinds of perturbation. The toroidal varying magnetic field interior the fluid has no direct effect at all on the stability of the fluid column. The axial exterior field has strong stabilizing effect on the model. The effect of all acting forces altogether could be identified via the numerical analysis of the stability theory of the present model.

Does competition improve financial stability of the banking sector in ASEAN countries? An empirical analysis

Science.gov (United States)

Gee, Chan Sok; Isa, Che Ruhana

2017-01-01

This study examines the influence of competition on the financial stability of the commercial banks of Association of Southeast Asian Nation (ASEAN) over the 1990 to 2014 period. Panzar-Rosse H-statistic, Lerner index and Herfindahl-Hirschman Index (HHI) are used as measures of competition, while Z-score, non-performing loan (NPL) ratio and equity ratio are used as measures of financial stability. Two-step system Generalized Method of Moments (GMM) estimates demonstrate that competition measured by H-statistic is positively related to Z-score and equity ratio, and negatively related to non-performing loan ratio. Conversely, market power measured by Lerner index is negatively related to Z-score and equity ratio and positively related to NPL ratio. These results strongly support the competition-stability view for ASEAN banks. We also capture the non-linear relationship between competition and financial stability by incorporating a quadratic term of competition in our models. The results show that the coefficient of the quadratic term of H-statistic is negative for the Z-score model given a positive coefficient of the linear term in the same model. These results support the non-linear relationship between competition and financial stability of the banking sector. The study contains significant policy implications for improving the financial stability of the commercial banks. PMID:28486548

BANKING SYSTEM STABILITY: COMMERCIAL AND CO-OPERATIVE BANKS

Directory of Open Access Journals (Sweden)

Dumitru-Cristian OANEA

2014-04-01

Full Text Available Commercial banks and co-operative banks are credit institutions, but there are some differences between the main operations proceeded by each of them. Based on these specific characteristics, we want to identify the manner in which financial crisis affected their activity. As we all know, the financial crisis had a major impact in the United States, the “natal” country of the crisis, because great banks such as Lehman Brothers or Merrill Lynch have bankrupted. Even if the Romanian banking system was not affected by such catastrophic situations, surely the financial crisis had a significant impact on it. This topic is worth to be analysed, because we would be able to identify the risk differences between these two types of business: commercial banks versus co-operative banks.

Rock stream stability structures in the vicinity of bridges.

Science.gov (United States)

2014-10-01

This report was sponsored by the Utah Department of Transportation (UDOT) to determine if rock stream stability structures could be used as : scour countermeasures and to protect streambanks. Traditional scour countermeasures, such as rock riprap, ar...

Hydraulic design of Three Gorges right bank powerhouse turbine for improvement of hydraulic stability

International Nuclear Information System (INIS)

Shi, Q

2010-01-01

This paper presents the hydraulic design of Three Gorges Right Bank Powerhouse turbine for improvement of hydraulic stability. The technical challenges faced in the hydraulic design of the turbine are given. The method of hydraulic design for improving the hydraulic stability and particularly for eliminating the upper part load pressure pulsations is clarified. The final hydraulic design results of Three Gorges Right Bank Powerhouse turbine based on modern hydraulic design techniques are presented.

Hydraulic design of Three Gorges right bank powerhouse turbine for improvement of hydraulic stability

Energy Technology Data Exchange (ETDEWEB)

Shi, Q, E-mail: qhshi@dfem.com.c [Dong Fang Electrical Machinery Co., Ltd., DEC 188, Huanghe West Road, Deyang, 618000 (China)

2010-08-15

This paper presents the hydraulic design of Three Gorges Right Bank Powerhouse turbine for improvement of hydraulic stability. The technical challenges faced in the hydraulic design of the turbine are given. The method of hydraulic design for improving the hydraulic stability and particularly for eliminating the upper part load pressure pulsations is clarified. The final hydraulic design results of Three Gorges Right Bank Powerhouse turbine based on modern hydraulic design techniques are presented.

Flow behaviour, suspended sediment transport and transmission losses in a small (sub-bank-full) flow event in an Australian desert stream

Science.gov (United States)

Dunkerley, David; Brown, Kate

1999-08-01

The behaviour of a discrete sub-bank-full flow event in a small desert stream in western NSW, Australia, is analysed from direct observation and sediment sampling during the flow event and from later channel surveys. The flow event, the result of an isolated afternoon thunderstorm, had a peak discharge of 9 m3/s at an upstream station. Transmission loss totally consumed the flow over the following 7·6 km. Suspended sediment concentration was highest at the flow front (not the discharge peak) and declined linearly with the log of time since passage of the flow front, regardless of discharge variation. The transmission loss responsible for the waning and eventual cessation of flow occurred at a mean rate of 13.2% per km. This is quite rapid, and is more than twice the corresponding figure for bank-full flows estimated by Dunkerley (1992) on the same stream system. It is proposed that transmission losses in ephemeral streams of the kind studied may be minimized in flows near bank-full stage, and be higher in both sub-bank-full and overbank flows. Factors contributing to enhanced flow loss in the sub-bank-full flow studied included abstractions of flow to pools, scour holes and other low points along the channel, and overflow abstractions into channel filaments that did not rejoin the main flow. On the other hand, losses were curtailed by the shallow depth of banks wetted and by extensive mud drapes that were set down over sand bars and other porous channel materials during the flow. Thus, in contrast with the relatively regular pattern of transmission loss inferred from large floods, losses from low flows exhibit marked spatial variability and depend to a considerable extent on streamwise variations in channel geometry, in addition to the depth and porosity of channel perimeter sediments.

The concentration-stability controversy in banking : New evidence from the EU-25

NARCIS (Netherlands)

IJtsma, Pieter; Spierdijk, Laura; Shaffer, Sherrill

2017-01-01

This study explores whether the concentration-stability relation is affected by the level of analysis; i.e., bank-level versus country-level stability. The diverging results in the literature suggest that we may indeed expect differences between the two levels. With the z-score as the measure of

Flume experiments on scour downstream of wood stream restoration structures

Science.gov (United States)

Pagliara, Stefano; Kurdistani, Sahameddin Mahmoudi

2017-02-01

River restoration aims to improve physical natural form and processes of a river. Techniques to control the riverbed, stabilize channel alignment, protect stream banks, and rebuild the natural habitat are an important part of river restoration projects. Rivers can be stabilized and habitat restored through techniques such as rebuilding meanders and pool-riffle sequences and managing large wood. Structures that limit channel width to accelerate the normal flows through the constricted section are referred to as stream deflectors. Single-wing, double-wing and triangular deflectors are the most commonly used types of this measure. Log-frame deflectors consist of a triangular log frame filled with rock. Deflector constructions singly or in series in low gradient meandering streams, divert base flows toward the center of the channel and, under certain conditions, increase the depth and velocity of flow thereby creating scour pools and enhancing fish habitat. Scour characteristics and morphologies downstream of log-frame deflectors have been analyzed at the hydraulic laboratory of the University of Pisa. All experiments have been carried out in clear water conditions. The results showed that the tailwater depth plays an important role on scour characteristics. In addition, it was experimentally proven that using log-frame deflectors instead of log-deflectors result in a better river bank protection. In this case, for all the tested hydraulic conditions, the scour hole never occurred close to the channel bank. Useful empirical relationships have been proposed in order to evaluate the main features of the scour geometry.

Banking system trust, bank trust, and bank loyalty

NARCIS (Netherlands)

van Esterik-Plasmeijer, P.; van Raaij, W.F.

2017-01-01

Purpose The purpose of this paper is to test a model of banking system trust as an antecedent of bank trust and bank loyalty. Six determinants of trust and loyalty are included: competence, stability, integrity, customer orientation, transparency, and value congruence. The study provides insights

Banks, markets, and financial stability

OpenAIRE

Eder, Armin; Fecht, Falko; Pausch, Thilo

2014-01-01

In a theoretical model of the Diamond-Dybvig style, in which deposit-taking banks and financial markets coexist, bank behavior is analyzed taking into account a positive ex-ante probability of a future financial crisis. We focus on the role of the interaction of market liquidity and banks' funding liquidity in the propagation of shocks in the financial system. Our findings suggest that in particular bank-dominated financial systems are prone to contagious bank runs due to asset price deterior...

Rehabilitating agricultural streams in Australia with wood: a review.

Science.gov (United States)

Lester, Rebecca E; Boulton, Andrew J

2008-08-01

Worldwide, the ecological condition of streams and rivers has been impaired by agricultural practices such as broadscale modification of catchments, high nutrient and sediment inputs, loss of riparian vegetation, and altered hydrology. Typical responses include channel incision, excessive sedimentation, declining water quality, and loss of in-stream habitat complexity and biodiversity. We review these impacts, focusing on the potential benefits and limitations of wood reintroduction as a transitional rehabilitation technique in these agricultural landscapes using Australian examples. In streams, wood plays key roles in shaping velocity and sedimentation profiles, forming pools, and strengthening banks. In the simplified channels typical of many agricultural streams, wood provides habitat for fauna, substrate for biofilms, and refuge from predators and flow extremes, and enhances in-stream diversity of fish and macroinvertebrates.Most previous restoration studies involving wood reintroduction have been in forested landscapes, but some results might be extrapolated to agricultural streams. In these studies, wood enhanced diversity of fish and macroinvertebrates, increased storage of organic material and sediment, and improved bed and bank stability. Failure to meet restoration objectives appeared most likely where channel incision was severe and in highly degraded environments. Methods for wood reintroduction have logistical advantages over many other restoration techniques, being relatively low cost and low maintenance. Wood reintroduction is a viable transitional restoration technique for agricultural landscapes likely to rapidly improve stream condition if sources of colonists are viable and water quality is suitable.

Stream Channel Stability.

Science.gov (United States)

1981-04-01

Cycles of wetting and drying are also t ,v itiue swelling and shrinkage of the soil. S 11ied blocks or peds of soil fabric ,,ks. id downslope soil creep ...hydrographs of water and sediment at the point in question. By feeding the output from the hydrology-transport model into the finite element model...the banks as undercut banks fail. Channel irregularities such as seepage zones, cattle crossings, overbank drainage, buried channels, organic deposits

Stability in Bank Income through Fee-based Activities

Directory of Open Access Journals (Sweden)

R. K. Uppal

2010-12-01

Full Text Available This paper is an attempt to study the trends in non-interest income which is a vital source of stability in bank income. For this, the study takes some parameters like interest and non-interest income as a percentage to total income, share of non-interest income components like exchange & brokerage, sale in investment and exchange transaction. On the basis of these parameters the study concludes that interest income is continuously declining due to deregulation in interest rates and non-interest income is rising. Among the non-interest income components, commodity exchange & brokerage witnessed a large share while exchange transaction witnessed a meager part. The paper also gives some ways and means to bring stability in the total income.

Stabilization of the dyke on the north bank of the La Grande 1 hydroelectric complex

International Nuclear Information System (INIS)

Massiera, M.; Tournier, J-P.

2000-01-01

Special design features required in constructing a 2444 m long dyke on the north bank of the La Grade River at the site of the La Grande 1 hydroelectric power project are described. The special features involved construction of a downstream bank and upstream stabilization berms to avoid the occurrence of potentially dangerous retrogressive slides. These special features were deemed essential due to the presence of sensitive marine clay, covered with deltaic sand and silt and river sand deposits. The paper highlights the geotechnical and hydrogeological conditions of the northern terrace, and describes the different construction phases of stabilizing the river bank. Control of groundwater pressures in the lower aquifer with relief wells is emphasized. 9 refs., 1 tab., 17 figs

Stabilitas Bank, Tingkat Persaingan Antar Bank dan Diversifikasi Sumber Pendapatan: Analisis Per Kelompok Bank di Indonesia

Directory of Open Access Journals (Sweden)

Buddi Wibowo

2016-08-01

Full Text Available Abstract. The"Competition-fragility" view and The "Competition-stability" view has a contrary logical flow in predicting the relationship between bank stability and competition among banks. According to Berger et al (2009, these two views differ on credit risk aspect of loan portfolio, but on the risks faced by the bank as a whole, these two views have the same prediction. In the credit market which is dominated by few banks with substantial market power, the risk of bank credit portfolio increases as predicted by the view "competition-fragility", but the bank's overall risk does not always go up with the jump in credit portfolio risk. The paper shows that empirical test of the Indonesian banking system support this hypothesis, except in foreign bank group that has its own business model. The relationship of competition and the credit risk of banks in Indonesia also have a U -shape pattern that increasing competition in the early stages can reduce credit risk, which is due to increasing income diversification and diversification of bank credit type, but at a certain point the increasing competition has worsened the quality of bank credit portfolio. Key word: banking competition, risk, stability, fragility, diversification

Assessment of factors and conditions influencing bank stability of future lakes

Czech Academy of Sciences Publication Activity Database

Spanilá, Tamara; Kudrna, Z.; John, V.; Hartvich, Filip; Chour, V.

2006-01-01

Roč. 3, č. 4 (2006), s. 67-76 ISSN 1214-9705 R&D Projects: GA AV ČR IAA3046305 Institutional research plan: CEZ:AV0Z30460519 Keywords : flooding of residual mining pits * dangerous geodynamic phenomena * stability of banks and slopes Subject RIV: DB - Geology ; Mineralogy

Monitoring of bioengineering stabilization projects : final report.

Science.gov (United States)

2009-08-01

Four sites with bioengineered stream banks were monitored for four years. Observations included quantitative : measurements of stream discharge, stage and velocity. No bank erosion was observed to have affected the stream : banks at any of the monito...

BANKING SUPERVISION IN EUROPEAN UNION

OpenAIRE

Lavinia Mihaela GUȚU; Vasile ILIE

2013-01-01

The need for prudential supervision imposed to banks by law arises from the action that banking market’s basic factors have. Therefore, it is about banks’ role in economy. The normal functioning of banks in all their important duties maintains the stability of banking system. Further, the stability of the entire economy depends on the stability of the banking system. Under conditions of imbalance regarding treasury or liquidity, banks are faced with unmanageable crisis and the consequences ca...

Impact of credit information on the banks stability: Global experience and lessons for Ukraine

Directory of Open Access Journals (Sweden)

Inna Bielova

2016-05-01

Full Text Available A quality of the credit portfolio is one of the most important factors of banking system reliability. It is obviously, that there is a direct relationship between this indicator and financial stability of the bank. In turn, the quality of the loan portfolio depends on many factors that are investigated in scientific and educational literature. In this paper, we propose to focus on a group of factors of credit risk that are connected with the availability of information about the borrower. The low efficiency of the national system of collecting information about borrowers in Ukraine in comparison with foreign models was confirmed by the quantitative analysis. This tendency cases the high level of credit risks and low financial stability level of domestic banks. It is necessary to make active efforts on improving the effectiveness of credit bureaus in Ukraine by establishing public credit registry and also to focus on solving other problems associated with the collection and use of information about borrowers

Cyber threats and responses in the banking sector

CSIR Research Space (South Africa)

Strauss

2017-10-01

Full Text Available stream_source_info Strauss_CSIR2017.pdf.txt stream_content_type text/plain stream_size 5207 Content-Encoding UTF-8 stream_name Strauss_CSIR2017.pdf.txt Content-Type text/plain; charset=UTF-8 CSIR Conference Cyber... Threats and Responses in the banking sector Paul Strauss Chief Information Risk Officer October 2017 CSIR / Standard Bank / page 2 Cyber Risk Drivers 4% of www content Academic Information Medical Records Legal Documents Scientific...

Bank stability as a risk factor for pipeline infrastructure: a Scottish example

Science.gov (United States)

Maniatis, Georgios; Williams, Richard; Hoey, Trevor

2017-04-01

Bank erosion is a spatially variable process controlled by a number of factors that are interrelated (e.g. grain size, moisture content, organic content, vegetation, bank gradient). As a risk factor, bank erosion has been strongly connected to the failure of infrastructure that crosses or is adjacent to morphologically dynamic rivers. To manage this risk, comprehensive infrastructure asset management programs should include risk assessment of all structures that cross or are near a river. In Scotland, a significant proportion of cross-river infrastructure is pipe bridges, for both clean and waste water. These river crossings are maintained and managed by Scottish Water, a supplier responsible for a 48,000 km long drinking water pipe network and a 52,000 km long wastewater pipe network. Recently, Scottish Water began a comprehensive pipe bridge asset inspection program, which incorporates the acquisition of data to assess riverbank stability. The first step in the development of this database is the use of a prototype software application (a tablet app) which simplifies the surveying process by framing specific geomorphological questions and surveying tasks. As a result, the surveys can be conducted by inspectors with no specialist training in bank stability assessment and then reviewed by those with more expertise. Here, results are presented of a review of survey data, enabling the identification of the assets that are most at risk from bank erosion. The assessment focuses on assets from catchments in two contrasting areas of Scotland; the Hebrides and Glasgow. The uncertainty analysis focuses on input data quality and the variability of information available for desk based risk assessments using Geographic Information Systems (GIS). In parallel, considerations regarding the extension of this framework towards a unified strategy for assessing bank erosion are discussed such as the selection of a statistical framework and the catchment classification process

Geomorphic stability field reconnaissance site visit, Canonsburg, Pennsylvania, December 1992. Final report

International Nuclear Information System (INIS)

1993-05-01

To license the Canonsburg site, the US Nuclear Regulatory Commission (NRC) has required that geomorphic stability be demonstrated for the stream banks and slopes around the perimeter of the site for 200 years. Based on a study of the stream channel and slopes, it has been determined that due to recent human intervention, the required geomorphic stability cannot now be achieved without installation of erosion protection works and continued monitoring of the site. The Pittsburgh District Corps of Engineers has plans to channelize Chartiers Creek and install erosion protection rock within the next 5 or 6 years, if local government agencies raise the necessary matching funds. Much of the stream bank and slope adjacent to the ''fenced in'' western area of the site is anticipated to remain geomorphically stable for more than 20 years, but less than 200 years without human intervention. Therefore in much of this area, the Corps of Engineers will have adequate time to perform its work without jeopardizing the integrity of the controlled area. In contrast, two approximately 200-foot (ft) (60-meter [m]) long portions of the stream channel located north-northwest of the encapsulation area are subject to active stream erosion that threatens the integrity of the controlled area. These areas should be fixed by installation of erosion protection rock within the next 2 years

Method for removal and stabilization of mercury in mercury-containing gas streams

Science.gov (United States)

Broderick, Thomas E.

2005-09-13

The present invention is directed to a process and apparatus for removing and stabilizing mercury from mercury-containing gas streams. A gas stream containing vapor phase elemental and/or speciated mercury is contacted with reagent, such as an oxygen-containing oxidant, in a liquid environment to form a mercury-containing precipitate. The mercury-containing precipitate is kept or placed in solution and reacts with one or more additional reagents to form a solid, stable mercury-containing compound.

BANKING SUPERVISION IN EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Lavinia Mihaela GUȚU

2013-10-01

Full Text Available The need for prudential supervision imposed to banks by law arises from the action that banking market’s basic factors have. Therefore, it is about banks’ role in economy. The normal functioning of banks in all their important duties maintains the stability of banking system. Further, the stability of the entire economy depends on the stability of the banking system. Under conditions of imbalance regarding treasury or liquidity, banks are faced with unmanageable crisis and the consequences can be fatal. To ensure long-term stability of the banking system, supervisory regulations were constituted in order to prevent banks focusing on achieving rapidly high profits and protect the interests of depositors. Starting from this point, this paper will carry out a study on existing models of supervision in the European Union’s Member States. A comparison between them will support identifying the advantages and disadvantages of each of them.

Lead mobilisation in the hyporheic zone and river bank sediments of a contaminated stream. Contribution to diffuse pollution

Energy Technology Data Exchange (ETDEWEB)

Palumbo-Roe, Barbara; Wragg, Joanna; Banks, Vanessa J. [British Geological Survey, Keyworth Nottingham (United Kingdom)

2012-12-15

Purpose: Past metal mining has left a legacy of highly contaminated sediments representing a significant diffuse source of contamination to water bodies in the UK and worldwide. This paper presents the results of an integrated approach used to define the role of sediments in contributing to the dissolved lead (Pb) loading to surface water in a mining-impacted catchment. Materials and methods: The Rookhope Burn catchment, northern England, UK is affected by historical mining and processing of lead ore. Quantitative geochemical loading determinations, measurements of interstitial water chemistry from the stream hyporheic zone and inundation tests of bank sediments were carried out. Results and discussion: High concentrations of Pb in the sediments from the catchment, identified from the British Geological Survey Geochemical Baseline Survey of the Environment (GBASE) data, demonstrate both the impact of mineralisation and widespread historical mining. The results from stream water show that the stream Pb load increased in the lower part of the catchment, without any apparent or significant contribution of point sources of Pb to the stream. Relative to surface water, the interstitial water of the hyporheic zone contained high concentrations of dissolved Pb in the lower reaches of the Rookhope Burn catchment, downstream of a former mine washing plant. Concentrations of 56 {mu}g l{sup -1} of dissolved Pb in the interstitial water of the hyporheic zone may be a major cause of the deterioration of fish habitats in the stream and be regarded as a serious risk to the target of good ecological status as defined in the European Water Framework Directive. Inundation tests provide an indication that bank sediments have the potential to contribute dissolved Pb to surface water. Conclusions: The determination of Pb in the interstitial water and in the inundation water, taken with water Pb mass balance and sediment Pb distribution maps at the catchment scale, implicate the

Assessment of stability of a revitalized stream T12 in Orlické Záhoří

Directory of Open Access Journals (Sweden)

Jana Marková

2013-01-01

Full Text Available The aim of presented project is to execute an analysis and evaluation of stream-bed conditions for streams after revitalisation measures. Revitalisation of stream T12 in Orlické Záhoří has been comprehensive, included changes of stream line and longitudinal and transversal profile. The evaluation was so provided in two absolutely different stream-beds. The evaluation was focused on stream-bed ground and slopes stability, which were established on the base of tangential stress, scouring and nonscouring velocity and of mean velocity in vertical calculation. Then the individual methods of calculation were compared and the results were faced with actual status of stream-bed and supposed development of stream-bed morphology.

DEVELOPING ISLAMIC WAQF BANK AS A MECHANISM FOR FINANCIAL SYSTEM STABILITY

Directory of Open Access Journals (Sweden)

Muhammad Ridhwan Ab. Aziz

2017-09-01

Full Text Available The establishment of Islamic banking institution all over the world is often related to the proclivity of muslims to live all aspects of their lives in accordance with the teachings of Islam. Islamic bank is one of the components in Islamic financial sector that plays very vital role to generate the growth of economics among muslim society. Indeed, Islamic bank was more robust to the financial crisis compared to the conventional banking institution. Cash waqf is a trust fund established with money to provide services to mankind in the name of Allah. The gifted capital then will be spent for all sorts of pious and social purposes inclusive for the financing and investment objectives. It is recognized that there is limited study in the area of cash waqf especially in the development of Islamic waqf bank (IWB. The main objective of this article is to analyze the possibility and obstacles in developing IWB in the mainstream Islamic financial institutions. The methodo-logy of research in this article is through a qualitative research based on interview with relevant officers in the Islamic banking, waqf, and academic sectors. The general finding in this article shows that IWB can apply cash waqf structure, whereby the cash waqf fund must be converted into fixed assets such as land and buildings. The rental income from the fixed assets and investments then can be channelled to waqf beneficiaries such as funding students’ education, health assistance, giving financing to the entrepreneur, and enhancing muslim economy in various fields. Nevertheless, a proper mechanism of IWB must be developed in order to avoid any obstacles in terms of capital requirement, risky investment, limited number of experts in the field of Islamic bank and waqf as well as legal and regulation requirement. Keywords:   Islamic Waqf Bank, Cash waqf, Islamic finance, Financial system stability JEL Classification: G21, I31, L31

Contrasting landscape influences on sediment supply and stream restoration priorities in northern Fennoscandia (Sweden and Finland) and coastal British Columbia.

Science.gov (United States)

Rosenfeld, Jordan; Hogan, Daniel; Palm, Daniel; Lundquist, Hans; Nilsson, Christer; Beechie, Timothy J

2011-01-01

Sediment size and supply exert a dominant control on channel structure. We review the role of sediment supply in channel structure, and how regional differences in sediment supply and land use affect stream restoration priorities. We show how stream restoration goals are best understood within a common fluvial geomorphology framework defined by sediment supply, storage, and transport. Land-use impacts in geologically young landscapes with high sediment yields (e.g., coastal British Columbia) typically result in loss of in-stream wood and accelerated sediment inputs from bank erosion, logging roads, hillslopes and gullies. In contrast, northern Sweden and Finland are landscapes with naturally low sediment yields caused by low relief, resistant bedrock, and abundant mainstem lakes that act as sediment traps. Land-use impacts involved extensive channel narrowing, removal of obstructions, and bank armouring with boulders to facilitate timber floating, thereby reducing sediment supply from bank erosion while increasing export through higher channel velocities. These contrasting land-use impacts have pushed stream channels in opposite directions (aggradation versus degradation) within a phase-space defined by sediment transport and supply. Restoration in coastal British Columbia has focused on reducing sediment supply (through bank and hillslope stabilization) and restoring wood inputs. In contrast, restoration in northern Fennoscandia (Sweden and Finland) has focused on channel widening and removal of bank-armouring boulders to increase sediment supply and retention. These contrasting restoration priorities illustrate the consequences of divergent regional land-use impacts on sediment supply, and the utility of planning restoration activities within a mechanistic sediment supply-transport framework.

Rehabilitation of an Incised Stream Using Plant Materials: the Dominance of Geomorphic Processes

Directory of Open Access Journals (Sweden)

F. Douglas. Shields, Jr.

2008-12-01

Full Text Available The restoration of potentially species-rich stream ecosystems in physically unstable environments is challenging, and few attempts have been evaluated scientifically. Restoration approaches that involve living and dead native vegetation are attractive economically and from an ecological standpoint. A 2-km reach of an incised, sand-bed stream in northern Mississippi was treated with large wood structures and willow plantings to trigger responses that would result in increasing similarity with a lightly degraded reference stream. Experimental approaches for stream bank and gully stabilization were also examined. Although the project was initially successful in producing improved aquatic habitat, after 4 yr it had failed to effectively address issues related to flashy watershed hydrology and physical instability manifest by erosion and sedimentation. The success of ecosystem rehabilitation was thus governed by landscape-scale hydrological and geomorphological processes.

Design considerations for large woody debris placement in stream enhancement projects. North American Journal of Fisheries Management

Science.gov (United States)

Robert H. Hilderbrand; A. Dennis Lemly; C. Andrew Dolloff; Kelly L. Harpster

1998-01-01

Log length exerted a critical influence in stabilizing large woody debris (LWD) pieces added as an experimental stream restoration technique. Logs longer than the average bank-full channel width (5.5 m) were significantly less likely to be displaced than logs shorter than this width. The longest log in stable log groups was significantly longer than the longest log in...

Channel stability of Turkey Creek, Nebraska

Science.gov (United States)

Rus, David L.; Soenksen, Philip J.

1998-01-01

Channelization on Turkey Creek and its receiving stream, the South Fork Big Nemaha River, has disturbed the equilibrium of Turkey Creek and has led to channel-stability problems, such as degradation and channel widening, which pose a threat to bridges and land adjacent to the stream. As part of a multiagency study, the U.S. Geological Survey assessed channel stability at two bridge sites on upper and middle portions of Turkey Creek by analyzing streambed-elevation data for gradation changes, comparing recent cross-section surveys and historic accounts, identifying bank-failure blocks, and analyzing tree-ring samples. These results were compared to gradation data and trend results for a U.S. Geological Survey streamflow-gaging station near the mouth of Turkey Creek from a previous study. Examination of data on streambed elevations reveals that degradation has occurred. The streambed elevation declined 0.5 m at the upper site from 1967-97. The streambed elevation declined by 3.2 m at the middle site from 1948-97 and exposed 2 m of the pilings of the Nebraska Highway 8 bridge. Channel widening could not be verified at the two sites from 1967-97, but a historic account indicates widening at the middle site to be two to three times that of the 1949 channel width. Small bank failures were evident at the upper site and a 4-m-wide bank failure occurred at the middle site in 1987 according to tree ring analyses. Examination of streambed-elevation data from a previous study at the lower site reveals a statistically significant aggrading trend from 1958-93. Further examination of these data suggests minor degradation occurred until 1975, followed by aggradation.

The Decline of Traditional Banking Activities

Directory of Open Access Journals (Sweden)

Gabriela Cornelia Piciu

2011-05-01

Full Text Available The decline of traditional banking activities raise the issue of efficiency of financial stability, in terms ofquantitative and qualitative aspects – the increasing danger of banking failures as well as of susceptibility due toincreased propensity of banking institutions to assume additional to risks either in the form of riskier loans offer orengaging in other "non-traditional" financial activities which give a promise for greater profitability, but also higherrisks. Non-traditional activities of banking as financial products dealers (financial derivatives, generate an increasingrisks and vulnerabilities in the form of moral hazard issues. That is the reason why and these activities should beregulated as well as are the traditional activities. Challenges posed by the decline of traditional banking activities istwofold: the stability of the banking system must be maintained, while the banking system needs to be restructured toachieve financial stability in the long run. One possible way is an appropriate regulatory framework to encourage atransition period of changing the structure of banking activity(reduction of traditional activities and expanding nontraditional activities to enable banking institutions to perform a deep methodic analysis of non traditional activities,oriented to the financial banking efficiency.

Dilemma of deposit insurance policy in ASEAN countries: Does it promote banking industry stability or moral hazard?

Directory of Open Access Journals (Sweden)

Suhal Kusairi

2018-03-01

Full Text Available The goal of this article is to investigate the influence of deposit insurance policy on the stability of the banking industry. Stability is measured by the ratio of retail deposits to total assets and the ratio of loans to total assets to cover both positive and negative impacts, and deposit insurance policy is assessed in various stages. The survey uses a data panel of 127 commercial banks from 2000 to 2013 in six member countries of the Association of Southeast Asian Nations (ASEAN. Using a dynamic panel data investigation, we obtain results showing that the implementation of deposit insurance policy negatively affects the ratio of retail deposits to total assets while positively influencing the ratio of loans to total assets. This is an important finding, as it implies that deposit insurance policy causes bank managers to take greater risks to increase their returns, rather than increasing the confidence level of depositors and ultimately increasing total deposits. This result is important for regulators as they evaluate deposit insurance policy and anticipate any negative outcomes that might follow.

Surveying Small Streams with COTS UAVs

Science.gov (United States)

McKean, J. A.; Wright, C. W.; Tonina, D.

2017-12-01

We tested the ability to make high resolution surveys of stream bathymetry and exposed banks using a commercial off-the-shelf unmanned quadcopter equipped with a 12 megapixel, gimbal stabilized, RGB camera, and L1-code-only GPS.Our study site is a canyon-wall confined gravel bed river with pool-riffle morphology. The survey reach was 15 m wide and on average 0.3 m deep with a maximum water depth during survey of approximately 1.2 m. Streambed material ranged between pea gravel to boulders. For accuracy comparison we field-surveyed the reach with an RTK GPS. The survey mapped large boulders and cobbles, stream banks and bed morphology, as well as the center of each of 9 black/white photo targets with a surface area of 22" x 16" that were placed around the perimeter of the reach. The water was clear, and the bottom substrate reflectivity was highly variable and rich in texture Nearly 1,000 photos were captured, many with sub-centimeter pixels. The photos were processed using Agisoft Photoscan and the resulting point cloud linked to the GPS coordinate system via the surveyed photo targets. The submerged portion of the data was separated from the sub-aerial data, corrected for refraction using external software and then rejoined to produce a seamless point cloud. Comparison between the merged results and ground-survey point shows good agreement with less than 10cm rmse.

THEORETICAL CONSIDERATIONS OF PRICE STABILITY AS PART OF THE FINANCIAL STABILITY

Directory of Open Access Journals (Sweden)

Magdalena RĂDULESCU

2012-09-01

Full Text Available Currently there are many authors who consider that the only objective of the central bank should be the price stability and between the respective objective and financial stability there is incompatibility. As far we are concerned, we subscribe the idea that between price stability and financial stability there are complementarities. And a strong argument in the favour of this position is also historical. Actually, many older or newer facts show that banking crises were often caused by the unfavourable macroeconomic situation coupled with the bad macroeconomic policies carried by the authorities. But, a monetary policy that aims the price stability reduces this risk. The truth is that the central banks have a series of tools that allow them to act for achieving both the objective of price stability, and that of the stability of financial sector. Although the financial stability is not, usually, an explicit objective for the modern central bank, the systematic financial instability can cancel their performances in achieving their major final objective: the price stability. Being that, because of the need that it creates to inject additional liquidity into the banking system, a crisis of the banking sector may directly affect the monetary stability. Here the mentioned complementarities arise between price stability and financial stability, although the achievement of the first does not necessarily involve the assurance of the last.

Precursors Of Emotional Stability, Stress, And Work-Family Conflict Among Female Bank Employees

OpenAIRE

Clifford Kendrick Hlatywayo; Tawanda Zingwe; Tatenda Shaleen Mhlanga; Bukhosi Dumoluhle Mpofu

2014-01-01

Women exposure to quality education and equity legislation has accelerated their participation in the workplace. The study investigated the relationship between emotional stability, stress, and work-family conflict among female bank employees in the border region of the Eastern Cape, South Africa. Findings highlighted significant positive relationships between work-family conflict, stress, and neuroticism. The findings support most relationships found in literature. Correlations were also fou...

Banking Models Under the Impact of the Post-Crisis Organizational Changes Apt to Confer Sustainable Financial Stability - Romanian Experience

Directory of Open Access Journals (Sweden)

Claudia Gabriela Baicu

2012-06-01

Full Text Available The global financial crisis led to substantial changes in the operating environment of banks. Reforming the regulatory framework of financial and banking activity and the increase role of state in banking systems in many countries are important factors that involve major changes in the organizing of banking activity, the strategies adopted, the business models practiced, etc. Based on these considerations, the paper examines trends in banking models after the 2007 crisis. The analysis of the banking models is performed from the perspective of the deep organizational changes that affected the banking environment and sustainable financial stability. The study focuses on the analysis of the banking sustenability and the business model in the Romanian banking system, in the context of the post-crisis organizational changes. The profound interdependence of the Romanian banking system with the banking systems of the European countries and the international tendencies in financial regulation are important factors that influence the business models of the Romanian banks. The banking model practiced in Romania continues to be the traditional one. Currently, the most important challenges of the Romanian banking system are the growth of the non-performing loans, the loans in foreign currency to unhedged borrowers, the pressure to meet the Basel III requirements, as well as the possibility that the exposure of foreign banks towards Romania to decrease.

Uranium hydrogeochemical and stream sediment reconnaissance of the Dixon Entrance NTMS and Prince Rupert D-6 quadrangles, Alaska, including concentrations of forty-two additional elements

International Nuclear Information System (INIS)

Warren, R.G.; Hensley, W.K.; Hanks, D.E.

1980-09-01

During August 1978, sediment and water samples were collected from 203 lakes, streams, and springs in the Dixon Entrance and Prince Rupert D-6 quadrangles, Alaska. Variations in concentrations of all 43 elements among the five sieve fractions at each location are generally less than analytical uncertainty. Therefore, elemental analyses are generally comparable for a wide range in sieve fractions for sediment sample locations in southeastern Alaska. However, at some few locations, several elemental concentrations increase with finer mesh size; for uranium, such an increase may be associated with mineralization. Waterborne sediment samples collected from the center of a stream yield analyses essentially identical to those collected from the adjacent bank for most elements. Chlorine concentrations are generally higher in bank sediments, probably as a result of concentration of halogens in the vegetation that stabilizes the bank. At a few locations, concentrations of the ferrous elements, particularly Mn and Co, differ notably between the stream center and bank: such behavior is characteristic of mineralized areas. Concentrations of the ferrous elements, particularly Mn and Co, are strikingly enriched in the stream sediments compared either to lake sediments or to crustal abundances. This suggests that this area might be a favorable location for strategic resources of these elements. Uranium concentrations in all 950 sediment samples of all sieve fractions range from 0.54 to 22.80 ppM, with a median of 2.70 ppM

The contribution of riparian vegetation to the stability of agricultural channels banks in the Lombardy plane

Science.gov (United States)

Spelta, E.; Chiaradia, E. A.; Bischetti, G. B.

2009-04-01

Vegetation is well-known to affect the stability of slopes and banks in several ways, influencing both the water content and the mechanical properties of the soil. From the mechanical point of view, in particular, vegetation acts by means of the root system, which reinforces the soil. Three reinforcement mechanisms are generally recognised to prevent mass movements: the first is due to soil-roots interaction, which allows the mobilisation of the root tensile strength and increases the compound matrix (soil-fibre) strength, the second is due to great size roots intersecting the shear surface, which act as individual anchors, the third is due to the whole root system which exerts buttressing and arching actions. All these effects can be quantified via modelling if appropriate parameters are provided. Due to the scarcity of data, however, only the fibre reinforcement mechanism is generally considered and it is quantified in terms of additional root cohesion, which can be easily incorporated into stability models. Root cohesion values can be estimated by means of direct shear tests (in situ or in laboratory), by means of back analysis of collapsed slopes and by means of modelling. Direct shear tests and back analysis, however, due to site-specific development of root systems (which leads to a dramatic space variability of root density and size), provide results that are valid only for the specific (or highly similar) conditions that occur in the location where the investigations are carried out. Reinforcement modelling, on the contrary, represents a more general way of estimating root cohesion along the soil profile. The scheme commonly adopted in modelling is the Wu (1976) and Waldron (1977) approach (W&W model), which estimates root cohesion values basing on root tensile strength and root density (in terms of Root Area Ratio). Despite its simplicity and some questions about the hypotheses involved in, it still represents the benchmark. To overcome some of such

Simulating bank erosion over an extended natural sinuous river reach using a universal slope stability algorithm coupled with a morphodynamic model

Science.gov (United States)

Rousseau, Yannick Y.; Van de Wiel, Marco J.; Biron, Pascale M.

2017-10-01

Meandering river channels are often associated with cohesive banks. Yet only a few river modelling packages include geotechnical and plant effects. Existing packages are solely compatible with single-threaded channels, require a specific mesh structure, derive lateral migration rates from hydraulic properties, determine stability based on friction angle, rely on nonphysical assumptions to describe cutoffs, or exclude floodplain processes and vegetation. In this paper, we evaluate the accuracy of a new geotechnical module that was developed and coupled with Telemac-Mascaret to address these limitations. Innovatively, the newly developed module relies on a fully configurable, universal genetic algorithm with tournament selection that permits it (1) to assess geotechnical stability along potentially unstable slope profiles intersecting liquid-solid boundaries, and (2) to predict the shape and extent of slump blocks while considering mechanical plant effects, bank hydrology, and the hydrostatic pressure caused by flow. The profiles of unstable banks are altered while ensuring mass conservation. Importantly, the new stability module is independent of mesh structure and can operate efficiently along multithreaded channels, cutoffs, and islands. Data collected along a 1.5-km-long reach of the semialluvial Medway Creek, Canada, over a period of 3.5 years are used to evaluate the capacity of the coupled model to accurately predict bank retreat in meandering river channels and to evaluate the extent to which the new model can be applied to a natural river reach located in a complex environment. Our results indicate that key geotechnical parameters can indeed be adjusted to fit observations, even with a minimal calibration effort, and that the model correctly identifies the location of the most severely eroded bank regions. The combined use of genetic and spatial analysis algorithms, in particular for the evaluation of geotechnical stability independently of the hydrodynamic

Islamic vs. conventional banks : Business models, efficiency and stability

NARCIS (Netherlands)

Beck, T.H.L.; Demirgüc-Kunt, A.; Merrouche, O.

2013-01-01

How different are Islamic banks from conventional banks? Does the recent crisis justify a closer look at the Sharia-compliant business model for banking? When comparing conventional and Islamic banks, controlling for time-variant country-fixed effects, we find few significant differences in business

Paddys Run Streambank Stabilization Project at the Fernald Preserve, Harrison, OH

Energy Technology Data Exchange (ETDEWEB)

Hooten, Gwendolyn [Dept. of Energy (DOE), Legacy Management; Hertel, Bill [Navarro Research and Engineering; Homer, John [Navarro Research and Engineering

2016-03-01

The Fernald Preserve is a former uranium-processing plant that underwent extensive remediation pursuant to CERCLA and is now managed by the US DOE Office of Legacy Management. While remediation of buildings and soil contamination was completed in 2006, aquifer remediation is ongoing. Paddys Run is a second-order stream that runs to the south along the western side of the Fernald Preserve. The Paddys Run watershed encompasses nearly 41 km2 (16 mi2), including most of the Fernald site. Field personnel conducting routine site inspections in March 2014 observed that Paddys Run was migrating east via bank erosion into the “Pit 3 Swale,” an area of known surface-water contamination. The soil there was certified pursuant to site regulatory agreements and meets all final remediation levels. However, weekly surface-water monitoring is conducted from two puddles within the swale area, when water that exceeds the final remediation levels is present. Paddys Run had migrated east approximately 4 m (13 ft) in 2 years and was approximately 29 m (95 ft) from the sample location. This rapid migration threatened existing conditions that allowed for continued monitoring of the swale area and also threatened Paddys Run water quality. Therefore, DOE and regulators determined that the east bank of Paddys Run required stabilization. This was accomplished with a design that included the following components: relocation of approximately 145 m (475 ft) of streambed 9 m (30 ft) west, installation of a rock toe along the east bank, installation of two cross-vane in-stream grade-control structures, stabilization of a portion of the east bank using soil encapsulated lifts, and regrading, seeding, and planting within remaining disturbed areas. In an effort to take advantage of low-flow conditions in Paddys Run, construction was initiated in September 2014. Weather delays and subsurface flow within the Paddys Run streambed resulted in an interim shutdown of the project area in December 2014

Modeling the effects of LID practices on streams health at watershed scale

Science.gov (United States)

Shannak, S.; Jaber, F. H.

2013-12-01

Increasing impervious covers due to urbanization will lead to an increase in runoff volumes, and eventually increase flooding. Stream channels adjust by widening and eroding stream bank which would impact downstream property negatively (Chin and Gregory, 2001). Also, urban runoff drains in sediment bank areas in what's known as riparian zones and constricts stream channels (Walsh, 2009). Both physical and chemical factors associated with urbanization such as high peak flows and low water quality further stress aquatic life and contribute to overall biological condition of urban streams (Maxted et al., 1995). While LID practices have been mentioned and studied in literature for stormwater management, they have not been studied in respect to reducing potential impact on stream health. To evaluate the performance and the effectiveness of LID practices at a watershed scale, sustainable detention pond, bioretention, and permeable pavement will be modeled at watershed scale. These measures affect the storm peak flows and base flow patterns over long periods, and there is a need to characterize their effect on stream bank and bed erosion, and aquatic life. These measures will create a linkage between urban watershed development and stream conditions specifically biological health. The first phase of this study is to design and construct LID practices at the Texas A&M AgriLife Research and Extension Center-Dallas, TX to collect field data about the performance of these practices on a smaller scale. The second phase consists of simulating the performance of LID practices on a watershed scale. This simulation presents a long term model (23 years) using SWAT to evaluate the potential impacts of these practices on; potential stream bank and bed erosion, and potential impact on aquatic life in the Blunn Watershed located in Austin, TX. Sub-daily time step model simulations will be developed to simulate the effectiveness of the three LID practices with respect to reducing

Banking System Stability and Public Security: the Cases of the Collapse of the Commercial Banks “Snoras” and “Ūkio bankas” in Lithuania

Directory of Open Access Journals (Sweden)

Mažylis Liudas

2014-12-01

Full Text Available The stability of the banking system is analyzed in the article as an important condition of security of the society. The article analyzes the short term and long term impact of the collapse of two commercial banks, “Snoras” and “Ūkio bankas”, on the public attitude about the banking activities in Lithuania. Employing new institutionalism theoretical approaches, an analytical model is constructed based on the reconstruction of discursive devices of two Lithuanian Internet news portals, Delfi.lt and Lrytas.lt. The positions of the main process actors (Bank of Lithuania, Heads of the State, and media itself within a changing structural environment are assessed. The article argues that new institutionalism presents an appropriate theoretical framework for characterizing the processes analyzed, taking into account calculations of actors and explaining development of political processes, and taking into account circumstances of consensus reached in the former stages of political processes. Employing the discursive institutionalism approach enables the understanding of actors as actively influencing and changing structural environment. Five stages of bank collapse are defined according to the reflections in the news media portals. They differ by their continuity, intensity and by the means used for (re-constructing discourses, comparing former case of collapse with the latter one. For instance, the position of the society caused by the “Snoras” bank collapse can be characterized as a classical case of cognitive dissonance: commercial banks are treated by the society as untrustworthy and at the same time society’s behavior shows that society is benefiting from the bank services. Politically the problem analyzed seems like a marginal one without any important influence on mainstream political processes. It seems that the situation after the bank collapse is different from early post-Soviet times when “safety of savings” was an

Distribution of mercury, Cesium-137, and plutonium in an intermittent stream at Los Alamos

International Nuclear Information System (INIS)

Hakonson, T.E.; White, G.C.; Gladney, E.S.; Dreicer, M.

1980-01-01

The results of a study on the distribution of Hg, 137 Cs, 238 Pu, and 239 240 Pu in channel sediments and adjacent bank soils in an intermittent stream used for treated liquid effluent disposal since 1963 are summarized. Concentrations of the three radionuclides and Hg in stream bank soils were comparable to adjacent channel sediments demonstrating that the stream bank serves as a deposition site for chemicals released to the channel. This finding has important implications on the long-term behavior of effluent contaminants since other studies at Los Alamos have shown that the vegetated stream banks retard downstream movement of chemicals bound to soils and provide a pathway for transport of these materials to biota. Concentrations of the radionuclides and mercury were more uniformly distributed with distance and depth in the channel sediments than in the bank soils. The action of periodic surface water in the channel partially explains those differences. Statistical analysis of the data revealed that 50 to 85% of the variability in contaminant concentrations in bank and channel locations was due to variation with distance while depth contributed relatively little to variability

Management of Risks to Financial Stability from the Perspective of a Central Bank

Directory of Open Access Journals (Sweden)

Gabriela Lățea

2016-11-01

Full Text Available This article investigates the main issues pertaining to a central bank’s concerns relative to financial stability, as seen from the perspective of risks, sources and key ways of action. At macroeconomic level, central banks need to identify and monitor the risk that market operators face payment default towards local entities (companies, households, government and/or foreign creditors. Moreover, central banks entrusted with supervisory and licensing tasks are also carefully examining the various risks threatening banks, be they credit risk, liquidity risk, market risk, or risks associated with exposure concentration and distribution. On financial markets, prices, profit margins, interest rates, net exposure to certain financial instruments must be monitored to be able to identify build - ups of risks, stress and significant drawbacks to its adequate functioning. Adding to these is the Contingent Claims Analysis (CCA1, which involves oversight and assessment of risks in various sectors as well as of the needs to counter them, by drawing on the real market data to identify the probability of default in one sector or another and the impact on other sectors in an integrated manner.

Machine-Learning Based Channel Quality and Stability Estimation for Stream-Based Multichannel Wireless Sensor Networks

Directory of Open Access Journals (Sweden)

Waqas Rehan

2016-09-01

Full Text Available Wireless sensor networks (WSNs have become more and more diversified and are today able to also support high data rate applications, such as multimedia. In this case, per-packet channel handshaking/switching may result in inducing additional overheads, such as energy consumption, delays and, therefore, data loss. One of the solutions is to perform stream-based channel allocation where channel handshaking is performed once before transmitting the whole data stream. Deciding stream-based channel allocation is more critical in case of multichannel WSNs where channels of different quality/stability are available and the wish for high performance requires sensor nodes to switch to the best among the available channels. In this work, we will focus on devising mechanisms that perform channel quality/stability estimation in order to improve the accommodation of stream-based communication in multichannel wireless sensor networks. For performing channel quality assessment, we have formulated a composite metric, which we call channel rank measurement (CRM, that can demarcate channels into good, intermediate and bad quality on the basis of the standard deviation of the received signal strength indicator (RSSI and the average of the link quality indicator (LQI of the received packets. CRM is then used to generate a data set for training a supervised machine learning-based algorithm (which we call Normal Equation based Channel quality prediction (NEC algorithm in such a way that it may perform instantaneous channel rank estimation of any channel. Subsequently, two robust extensions of the NEC algorithm are proposed (which we call Normal Equation based Weighted Moving Average Channel quality prediction (NEWMAC algorithm and Normal Equation based Aggregate Maturity Criteria with Beta Tracking based Channel weight prediction (NEAMCBTC algorithm, that can perform channel quality estimation on the basis of both current and past values of channel rank estimation

Machine-Learning Based Channel Quality and Stability Estimation for Stream-Based Multichannel Wireless Sensor Networks.

Science.gov (United States)

Rehan, Waqas; Fischer, Stefan; Rehan, Maaz

2016-09-12

Wireless sensor networks (WSNs) have become more and more diversified and are today able to also support high data rate applications, such as multimedia. In this case, per-packet channel handshaking/switching may result in inducing additional overheads, such as energy consumption, delays and, therefore, data loss. One of the solutions is to perform stream-based channel allocation where channel handshaking is performed once before transmitting the whole data stream. Deciding stream-based channel allocation is more critical in case of multichannel WSNs where channels of different quality/stability are available and the wish for high performance requires sensor nodes to switch to the best among the available channels. In this work, we will focus on devising mechanisms that perform channel quality/stability estimation in order to improve the accommodation of stream-based communication in multichannel wireless sensor networks. For performing channel quality assessment, we have formulated a composite metric, which we call channel rank measurement (CRM), that can demarcate channels into good, intermediate and bad quality on the basis of the standard deviation of the received signal strength indicator (RSSI) and the average of the link quality indicator (LQI) of the received packets. CRM is then used to generate a data set for training a supervised machine learning-based algorithm (which we call Normal Equation based Channel quality prediction (NEC) algorithm) in such a way that it may perform instantaneous channel rank estimation of any channel. Subsequently, two robust extensions of the NEC algorithm are proposed (which we call Normal Equation based Weighted Moving Average Channel quality prediction (NEWMAC) algorithm and Normal Equation based Aggregate Maturity Criteria with Beta Tracking based Channel weight prediction (NEAMCBTC) algorithm), that can perform channel quality estimation on the basis of both current and past values of channel rank estimation. In the end

Long-term stability analysis of the left bank abutment slope at Jinping I hydropower station

Directory of Open Access Journals (Sweden)

Long Zhang

2016-06-01

Full Text Available The time-dependent behavior of the left bank abutment slope at Jinping I hydropower station has a major influence on the normal operation and long-term safety of the hydropower station. To solve this problem, a geomechanical model containing various faults and weak structural planes is established, and numerical simulation is conducted under normal water load condition using FLAC3D, incorporating creep model proposed based on thermodynamics with internal state variables theory. The creep deformations of the left bank abutment slope are obtained, and the changes of principal stresses and deformations of the dam body are analyzed. The long-term stability of the left bank abutment slope is evaluated according to the integral curves of energy dissipation rate in domain and its derivative with respect to time, and the non-equilibrium evolution rules and the characteristic time can also be determined using these curves. Numerical results show that the left bank abutment slope tends to be stable in a global sense, and the stress concentration is released. It is also indicated that more attention should be paid to some weak regions within the slope in the long-term deformation process.

Central bank independence and financial instability

NARCIS (Netherlands)

Klomp, J.G.; de Haan, J.

2009-01-01

It has been argued that central bank independence (CBI) may not only be beneficial for reaching the objective of price stability, but also for maintaining financial stability. Greater independence from external pressure implies that central banks are less politically constrained in acting to prevent

How wide is a stream? Spatial extent of the potential "stream signature" in terrestrial food webs using meta-analysis.

Science.gov (United States)

Muehlbauer, Jeffrey D; Collins, Scott F; Doyle, Martin W; Tockner, Klement

2014-01-01

The magnitude of cross-ecosystem resource subsidies is increasingly well recognized; however, less is known about the distance these subsidies travel into the recipient landscape. In streams and rivers, this distance can delimit the "biological stream width," complementary to hydro-geomorphic measures (e.g., channel banks) that have typically defined stream ecosystem boundaries. In this study we used meta-analysis to define a "stream signature" on land that relates the stream-to-land subsidy to distance. The 50% stream signature, for example, identifies the point on the landscape where subsidy resources are still at half of their maximum (in- or near-stream) level. The decay curve for these data was best fit by a negative power function in which the 50% stream signature was concentrated near stream banks (1.5 m), but a non-trivial (10%) portion of the maximum subsidy level was still found > 0.5 km from the water's edge. The meta-analysis also identified explanatory variables that affect the stream signature. This improves our understanding of ecosystem conditions that permit spatially extensive subsidy transmission, such as in highly productive, middle-order streams and rivers. Resultant multivariate models from this analysis may be useful to managers implementing buffer rules and conservation strategies for stream and riparian function, as they facilitate prediction of the extent of subsidies. Our results stress that much of the subsidy remains near the stream, but also that subsidies (and aquatic organisms) are capable of long-distance dispersal into adjacent environments, and that the effective "biological stream width" of stream and river ecosystems is often much larger than has been defined by hydro-geomorphic metrics alone. Limited data available from marine and lake sources overlap well with the stream signature data, indicating that the "signature" approach may also be applicable to subsidy spatial dynamics across other ecosystems.

Securing Financial Stability: Problems and Prospects for New EU Members, Report on the SUERF Seminar jointly organised with the Central Bank of Malta

DEFF Research Database (Denmark)

Balling, Morten

2003-01-01

topics are monetary policy transparency, preservation of investor confidence, the adequacy of the legal framework governing the financial sector, asset price volatility, size and volatility of cross-border capital flows, implications of bank privatisations, increasing market shares of foreign banks......The article gives an overview of twelve contributions to a seminar organised in March 2003 by SUERF in cooperation with the Central Bank of Malta. The contributions analyse from different perspectives the problems related to securing financial stability in the EU accession countries. Important......, integration of European supervisory systems, choice of exchange rate regime and government debt policy. Four of the contributions are country case studies in which the financial stability experiences of countries that have become members of the EMU are described. Udgivelsesdato: July...

Bank ownership and financial stability

NARCIS (Netherlands)

Perotti, E.; Vorage, M.

2010-01-01

This paper investigates a politician's choice for state or private control of banks, anticipating how this choice influences actions by citizens seeking exclusive access to finance. We show that when political accountability is low, politicians prefer control over lending and funneling via state

Stream and floodplain restoration in a riparian ecosystem disturbed by placer mining

Science.gov (United States)

Karle, Kenneth F.; Densmore, Roseann V.

1994-01-01

Techniques for the hydrologic restoration of placer-mined streams and floodplains were developed in Denali National Park and Preserve Alaska, USA. The hydrologic study focused on a design of stream and floodplain geometry using hydraulic capacity and shear stress equations. Slope and sinuosity values were based on regional relationships. Design requirements include a channel capacity for a 1.5-year (bankfull) discharge and a floodplain capacity for a 1.5- to 100-year discharge. Concern for potential damage to the project from annual flooding before natural revegetation occurs led to development of alder (Alnus crispa) brush bars to dissipate floodwater energy and encourage sediment deposition. The brush bars, constructed of alder bundles tied together and anchored laterally adjacent to the channel, were installed on the floodplain in several configurations to test their effectiveness. A moderate flood near the end of the two-year construction phase of the project provided data on channel design, stability, floodplain erosion, and brush bar effectiveness. The brush bars provided substantial protection, but unconsolidated bank material and a lack of bed armour for a new channel segment led to some bank erosion, slope changes and an increase in sinuosity in several reaches of the study area.

Stream remediation following a gasoline spill

International Nuclear Information System (INIS)

Owens, E.H.; Reiter, G.A.; Challenger, G.

2000-01-01

On June 10, 1999, a pipe ruptured on the Olympic Pipe Line causing the release, explosion and fire of up to one million litres of gasoline in Bellingham, Washington. It affected approximately 5 km of the Whatcom Creek ecosystem. Following the incident, several concurrent activities in the source area and downstream occurred. This paper discussed the remediation of the affected stream bed sections. During the period July 6 - August 16, an interagency project was implemented. It involved mechanical, manual, and hydraulic in-situ treatment techniques to remove the gasoline from the stream bed and the banks. In addition, a series of controlled, hydraulic flushes were conducted. The sluice or control gates at the head of the Whatcom Creek were opened each night, and bigger flushes took place before and after the treatments. Simultaneously, water and sediment were sampled and analysed. The data obtained provided information on the state of the initial stream water and stream sediment and on the effects that the remediation had had. The residual gasoline was successfully removed from the sediments and river banks in six weeks. No downstream movement of the released gasoline towards Bellingham was detected. 3 refs., 2 tabs., 11 figs

Phosphorus load to surface water from bank erosion in a Danish lowland river basin.

Science.gov (United States)

Kronvang, Brian; Audet, Joachim; Baattrup-Pedersen, Annette; Jensen, Henning S; Larsen, Søren E

2012-01-01

Phosphorus loss from bank erosion was studied in the catchment of River Odense, a lowland Danish river basin, with the aim of testing the hypothesis of whether stream banks act as major diffuse phosphorus (P) sources at catchment scale. Furthermore, the study aimed at analyzing the impact of different factors influencing bank erosion and P loss such as stream order, anthropogenic disturbances, width of uncultivated buffer strips, and the vegetation of buffer strips. A random stratified procedure in geographical information system (GIS) was used to select two replicate stream reaches covering different stream orders, channelized vs. naturally meandering channels, width of uncultivated buffer strips (≤ 2 m and ≥ 10 m), and buffer strips with different vegetation types. Thirty-six 100-m stream reaches with 180 bank plots and a total of 3000 erosion pins were established in autumn 2006, and readings were conducted during a 3-yr period (2006-2009). The results show that neither stream size nor stream disturbance measured as channelization of channel or the width of uncultivated buffer strip had any significant ( erosion and P losses during each of the 3 yr studied. In buffer strips with natural trees bank erosion was significantly ( erosion amounted to 13.8 to 16.5 and 2.4 to 6.3 t P, respectively, in the River Odense catchment during the three study years. The net P input from bank erosion equaled 17 to 29% of the annual total P export and 21 to 62% of the annual export of P from diffuse sources from the River Odense catchment. Most of the exported total P was found to be bioavailable (71.7%) based on a P speciation of monthly suspended sediment samples collected at the outlet of the river basin. The results found in this study have a great importance for managers working with P mitigation and modeling at catchment scale. Copyright © by the American Society of Agronomy, Crop Science Society of America, and Soil Science Society of America, Inc.

Monetary Policy and Excessive Bank Risk Taking

NARCIS (Netherlands)

Agur, I.; Demertzis, M.

2010-01-01

If monetary policy is to aim at financial stability, how would it change? To analyze this question, this paper develops a general-form model with endogenous bank risk profiles. Policy rates affect both bank incentives to search for yield and the cost of wholesale funding. Financial stability

Bank filtered water quality characteristics in Okgog-Ri area of Youngsan-River, Korea

Energy Technology Data Exchange (ETDEWEB)

Park, Hee-Youl; Kim, Hyoung-Soo [Korea Water Resources Corp., Taejeon(Korea)

2001-02-28

Preliminary artificial recharge groundwater intake method using bank filtering had been conducted in Okgog-Ri of Youngsan-River to evaluate the possibility of substitution of surface water intake method in the area. In order to investigate the characteristics of bank filtered groundwater, we examined the hydrogeological properties of alluvium and water quality of stream and groundwater. It is observed that nitrate in stream water from synthetic fertilizer and poultry manure is almost consumed during bank filtering in this area. This implies that denitrification of organic carbon and the oxidation of pyrite present in the alluvium aquifer. Groundwater samples from bank filtering show high Mn concentration. This high Mn concentration may be resulted from decreasing redox potential due to denitrification and increasing mobility due to redox reaction of Mn-oxide. In the study area, there is a typical tendency that Al concentrations of water samples decrease according to increasing pH. This tendency is interpreted as forming of amorphous Al(OH){sub 3} precipitates by reducing the Al{sup 3+} solubilities. It is revealed that the bank filtered groundwater in the area is not edible because color, turbidity, heterotrophic bacteria, coliform and Mn of the groundwater exceed the guideline of drinking water. Even though the bank filtered groundwater without treatment does not satisfy the guideline of drinking water, the groundwater shows a good water quality compared with stream water. So, the water treatment method using bank filtered groundwater can be more economical and efficient than the treatment using direct intake of stream water in the aspect of water quality. (author). 15 refs., 2 tabs., 7 figs.

Stability analysis of confined V-shaped flames in high-velocity streams.

Science.gov (United States)

El-Rabii, Hazem; Joulin, Guy; Kazakov, Kirill A

2010-06-01

The problem of linear stability of confined V-shaped flames with arbitrary gas expansion is addressed. Using the on-shell description of flame dynamics, a general equation governing propagation of disturbances of an anchored flame is obtained. This equation is solved analytically for V-flames anchored in high-velocity channel streams. It is demonstrated that dynamics of the flame disturbances in this case is controlled by the memory effects associated with vorticity generated by the perturbed flame. The perturbation growth rate spectrum is determined, and explicit analytical expressions for the eigenfunctions are given. It is found that the piecewise linear V structure is unstable for all values of the gas expansion coefficient. Despite the linearity of the basic pattern, however, evolutions of the V-flame disturbances are completely different from those found for freely propagating planar flames or open anchored flames. The obtained results reveal strong influence of the basic flow and the channel walls on the stability properties of confined V-flames.

Central Banking after the Crisis

OpenAIRE

Frederick S. Mishkin

2013-01-01

This paper explores where central banking is heading after the recent financial crisis. First it discusses the central bank consensus before the crisis and then outlines the key facts learned from the crisis that require changes in the way central banks conduct their business. Finally, it discusses four main areas in which central banks are altering their policy frameworks: 1) the interaction between monetary and financial stability policies, 2) nonconventional monetary policy, 3) risk manage...

Geographic Diversification, Competition and Bank Survival

NARCIS (Netherlands)

Jochem, T.

2013-01-01

This article analyzes the effects from portfolio diversification and banking competition on the stability of U.S. banks during the 2008-2011 banking crisis. To do so, it uses exogenous cross-sectional and time-series variation in states' branching restrictions between 1997-2005, the degree of local

Guide for calculating the stability of mine berms and spoil bank slopes in the Maritsa-Iztok coal basin

Energy Technology Data Exchange (ETDEWEB)

Georgiev, G; Todorova, M; Doneva, V; Novachkov, N; Nedyalkov, N; Mitev, A; Rachev, R

1984-08-01

Major landslides are described which occurred in the basin between 1963 and 1970 during overburden removal and formation of spoil banks. Guidelines for the prevention of landslides were developed on the basis of large scale studies of geomechanics, geostatic calculations and geodetic observations of slope behavior; no further landslide has occurred since 1970. Cohesion coefficients, angle of internal friction and shear properties were determined for each material occurring in the clayey and sandy overburden and for the coal (ash content 15-55%). Slope stability of working benches and spoil banks at the Troyanovo mines was then calculated. 8 references.

Securities and banking: bridges and walls

Directory of Open Access Journals (Sweden)

Tommaso Padoa-Schioppa

2002-09-01

Full Text Available The paper examines the relationship between banking and securities activities in the light of financial market developments (securitisation, institutionalization of investment, emergence of complex financial instruments, conglomeration and consolidation, with particular reference to Europe. The enhanced links between banking and securitiesbusinesses have generated increased and new risks to financial institutions. However, banks' stability remains crucial for the stability of the financial system as a whole, because of their unique role as provider of liquidity. The paper also addresses the implications of the banking-securities combination for regulatory and supervisory arrangements. The exporting of prudential requirements traditional in banking (such as capital ratios into the securities field, and the importing of securities regulation (such as transparency requirements into the banking sector, can be deemed mutually beneficial. As regards supervision, there is a need to monitor the continued effectiveness of the current framework. This entails strengthening co-operation both at the national level and on a cross-border basis among sectoral supervisors in the micro-prudential field, and between them and central banks in the macro-prudential field.

Banking: shop and compare.

Science.gov (United States)

O'Brien, Jennifer A; DeJarnette, Sherry

2014-01-01

There are many reasons to take a critical look at the practice's banking relationship(s)--technology advancements, security measures, improvements in available services, recent banking enhancements designed specifically for medical practices, the impact of the financial crisis on bank ratings and stability, changing practice needs, opportunities for operational automation at the practice--and it is just simply smart to periodically evaluate and compare the features, pricing, and potential savings offered by vendors.

Central bank independence and its effect on money market stability

Directory of Open Access Journals (Sweden)

MSc. Anera Alishani

2012-06-01

Full Text Available Since 1990s many countries have moved toward greater central bank independence (CBI by either amending their Central Bank’s laws or writing them de novo. Also countries of Western Balkans and many other transition countries have moved toward greater CBI. There are many potential benefits associated with greater CBI, and one of them is stable growth of money and liquidity. For a given level of money market development the hypothesis is that a more independent CB is likely to promote more stable growth of money supply (Dželetović et al., 2008. As a result the main research task of this work is to estimate the effects of CBI on money market growth for five Western Balkans countries and five other European transition countries. Because the empirical studies were very limited for the relationship between CBI and money market growth, there were no clear conclusions. In addition, there were different measuring methodologies that attempt to quantify the extent of legal and actual CBI. Related to the main research task, this dissertation has examined the effects of CBI on money market stability (proxied by bank deposit growth for a sample of 10 countries for a period from 1999-2009 by using fixed effect model. Through this methodology different regressions have been estimated, but the results were not robust and there are no clear finding on the relationship between CBI and money market growth.

Bioassessment in nonperennial streams: Hydrologic stability influences assessment validity

Science.gov (United States)

Mazor, R. D.; Stein, E. D.; Schiff, K.; Ode, P.; Rehn, A.

2011-12-01

Nonperennial streams pose a challenge for bioassessment, as assessment tools developed in perennial streams may not work in these systems. For example, indices of biotic integrity (IBIs) developed in perennial streams may give improper indications of impairment in nonperennial streams, or may be unstable. We sampled benthic macroinvertebrates from 12 nonperennial streams in southern California. In addition, we deployed loggers to obtain continuous measures of flow. 3 sites were revisited over 2 years. For each site, we calculated several metrics, IBIs, and O/E scores to determine if assessments were consistent and valid throughout the summer. Hydrology varied widely among the streams, with several streams drying between sampling events. IBIs suggested good ecological health at the beginning of the study, but declined sharply at some sites. Multivariate ordination suggested that, despite differences among sites, changes in community structure were similar, with shifts from Ephemeroptera, Plecoptera, and Trichoptera to Coleoptera and more tolerant organisms. Site revisits revealed a surprising level of variability, as 2 of the 3 revisited sites had perennial or near-perennial flow in the second year of sampling. IBI scores were more consistent in streams with stable hydrographs than in those with strongly intermittent hydrographs. These results suggest that nonperennial streams can be monitored successfully, but they may require short index periods and distinct metrics from those used in perennial streams. In addition, better approaches to mapping nonperennial streams are required.

Volumetric measurement of river bank erosion from sequential historical aerial photography

Science.gov (United States)

Spiekermann, Raphael; Betts, Harley; Dymond, John; Basher, Les

2017-11-01

Understanding of the relative contribution of bank erosion to sediment budgets in New Zealand is limited. Few measurements of bank erosion rates exist, and this is a major limitation to the development of a locally calibrated model of bank erosion. The New Zealand sediment budget model, SedNetNZ, predicts bank erosion based on preliminary data, and this study aims to underpin the development of an improved model for bank erosion. Photogrammetric techniques and LiDAR were used to collect data on bank erosion rates for five different river reaches, ranging from 3 to 14 km in length, in the Kaipara Catchment, Northland, New Zealand. Changing river channel planform between the 1950s and 2015 was assessed using four to five well-spaced dates of historical aerial photographs. Changes in planform were combined with bank height, to calculate erosion and accretion volumes which were compared with SedNetNZ modelled estimates. Erosion and accretion is relatively evenly balanced in the study sites. The largest difference in terms of relative proportions of erosion and accretion are found along the Tangowahine River (13.4 km reach length), where 492,000 m3 of sediment eroded between 1956 and 2015 compared to 364,000 m3 of accretion. Lateral migration rates (erosion) for the five river reaches range between 0.14 m yr- 1 and 0.21 m yr- 1 and are comparable with those measured by previous assessments in New Zealand. The migration rates in channel widths per year for the three larger rivers (stream order 5-6) range between 0.4% and 0.8% of channel width per year. In contrast, the smaller streams (stream order 3-4) are retreating more rapidly, with width-averaged rates of 1.7% and 3.0%. Current SedNetNZ modelling tends to underestimate the bank height and greatly overestimates the migration rate.

THEORETICAL CONSIDERATIONS OF PRICE STABILITY AS PART OF THE FINANCIAL STABILITY

OpenAIRE

Magdalena RĂDULESCU; Marinela TANASCOVICI

2012-01-01

Currently there are many authors who consider that the only objective of the central bank should be the price stability and between the respective objective and financial stability there is incompatibility. As far we are concerned, we subscribe the idea that between price stability and financial stability there are complementarities. And a strong argument in the favour of this position is also historical. Actually, many older or newer facts show that banking crises were often caused by the un...

REFORMING THE EUROPEAN FINANCIAL AND BANKING ARCHITECTURE IN THE CRISIS CONTEXT. THE BANKING UNION CONCEPT

Directory of Open Access Journals (Sweden)

Magdalena, RADULESCU

2014-11-01

Full Text Available Deep financial crisis which started in 2007 proved to be extremely contagious affecting the financial and banking EU system. Achieving an integrated banking market is the main component of the European policy in the financial-banking services area. The latest developments underlined that the difficulties faced by the banks can negatively impact on the entire financial stability of the member states. That's why, the European Central Bank will be entitled to supervise any bank of the euro area, especially the ones that benefit of public support. Reforming the financial and banking system must be shaped in the frame of insuring some durable national finances, of an urgent recapitalizing of the banks that need that and of elaborating some common fiscal and financial and banking regulations effective in the eurozone.

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

OpenAIRE

Gou, Michael

2017-01-01

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

Interaction between stream temperature, streamflow, and groundwater exchanges in alpine streams

Science.gov (United States)

Constantz, James E.

1998-01-01

Four alpine streams were monitored to continuously collect stream temperature and streamflow for periods ranging from a week to a year. In a small stream in the Colorado Rockies, diurnal variations in both stream temperature and streamflow were significantly greater in losing reaches than in gaining reaches, with minimum streamflow losses occurring early in the day and maximum losses occurring early in the evening. Using measured stream temperature changes, diurnal streambed infiltration rates were predicted to increase as much as 35% during the day (based on a heat and water transport groundwater model), while the measured increase in streamflow loss was 40%. For two large streams in the Sierra Nevada Mountains, annual stream temperature variations ranged from 0° to 25°C. In summer months, diurnal stream temperature variations were 30–40% of annual stream temperature variations, owing to reduced streamflows and increased atmospheric heating. Previous reports document that one Sierra stream site generally gains groundwater during low flows, while the second Sierra stream site may lose water during low flows. For August the diurnal streamflow variation was 11% at the gaining stream site and 30% at the losing stream site. On the basis of measured diurnal stream temperature variations, streambed infiltration rates were predicted to vary diurnally as much as 20% at the losing stream site. Analysis of results suggests that evapotranspiration losses determined diurnal streamflow variations in the gaining reaches, while in the losing reaches, evapotranspiration losses were compounded by diurnal variations in streambed infiltration. Diurnal variations in stream temperature were reduced in the gaining reaches as a result of discharging groundwater of relatively constant temperature. For the Sierra sites, comparison of results with those from a small tributary demonstrated that stream temperature patterns were useful in delineating discharges of bank storage following

Stream Level Stabilization by Algae of the Genus Cladophora

Directory of Open Access Journals (Sweden)

Zeman J.

2018-03-01

Full Text Available Investigations in the Pryský brook experimental catchment revealed that the vegetation of the stream channel stabilizes water level depth in the measured profile. The explored brook has been heavily overgrown by algae of the genus Cladophora due to a strong pollution by nitrates. It seems that if the algae average length exceeds the midsize of the stones paving the bed (ca. 30 ± 7 cm in diameter, escribed circle to pentagon or heptagon, the water level stagnates in the flowrate range of 60–180 l s−1. This totally blocks the streamflow daily oscillation (in summer months in a purely stone bed reaching up to 15%, along with tidal phenomena. The article analyzes one of possible explanations of this effect due to the dependence of the algae thickness layer modifying the channel bed cross-section on the speed of flowing water.

Can taxes tame the banks?

DEFF Research Database (Denmark)

Devereux, Michael P.; Johannesen, Niels; Vella, John

In the wake of the financial crisis, a number of countries have introduced levies on bank borrowing with the aim of reducing risk in the financial sector. This paper studies the behavioral responses to the bank levies and evaluates the policy. We find that the levies induced banks to borrow less...... but also to hold more risky assets. The reduction in funding risk clearly dominates for banks with high capital ratios but is exactly offset by the increase in portfolio risk for banks with low capital ratios. This suggests that while the levies have reduced the total risk of relatively safe banks......, they have done nothing to curb the risk of relatively risky banks, which presumably pose the greatest threat to financial stability...

Review of Potential Candidate Stabilization Technologies for Liquid and Solid Secondary Waste Streams

Energy Technology Data Exchange (ETDEWEB)

Pierce, Eric M.; Mattigod, Shas V.; Westsik, Joseph H.; Serne, R. Jeffrey; Icenhower, Jonathan P.; Scheele, Randall D.; Um, Wooyong; Qafoku, Nikolla

2010-01-30

Pacific Northwest National Laboratory has initiated a waste form testing program to support the long-term durability evaluation of a waste form for secondary wastes generated from the treatment and immobilization of Hanford radioactive tank wastes. The purpose of the work discussed in this report is to identify candidate stabilization technologies and getters that have the potential to successfully treat the secondary waste stream liquid effluent, mainly from off-gas scrubbers and spent solids, produced by the Hanford Tank Waste Treatment and Immobilization Plant (WTP). Down-selection to the most promising stabilization processes/waste forms is needed to support the design of a solidification treatment unit (STU) to be added to the Effluent Treatment Facility (ETF). To support key decision processes, an initial screening of the secondary liquid waste forms must be completed by February 2010.

Zirconium phosphate waste forms for low-temperature stabilization of cesium-137-containing waste streams

International Nuclear Information System (INIS)

Singh, D.; Wagh, A.S.; Tlustochowicz.

1996-04-01

Novel chemically bonded phosphate ceramics are being developed and fabricated for low-temperature stabilization and solidification of waste streams that are not amenable to conventional high-temperature stabilization processes because volatiles are present in the wastes. A composite of zirconium-magnesium phosphate has been developed and shown to stabilize ash waste contaminated with a radioactive surrogate of 137 Cs. Excellent retainment of cesium in the phosphate matrix system was observed in Toxicity Characteristic Leaching Procedure tests. This was attributed to the capture of cesium in the layered zirconium phosphate structure by intercalation ion-exchange reaction. But because zirconium phosphate has low strength, a novel zirconium/magnesium phosphate composite waste form system was developed. The performance of these final waste forms, as indicated by compression strength and durability in aqueous environments, satisfy the regulatory criteria. Test results indicate that zirconium-magnesium-phosphate-based final waste forms present a viable technology for treatment and solidification of cesium-contaminated wastes

Temporally variable macroinvertebrate-stone relationships in streams

DEFF Research Database (Denmark)

Jacobsen, D.

2005-01-01

of fauna parameter and stone variable from different sampling dates (n=9-11) were rarely correlated to any of the measures of stream stability, this study has demonstrated high temporal variability in fauna-stone relationships (CV's of regression slopes). Consequently, temporally un-replicated studies......Stones were used to sample macroinvertebrates and characterise microhabitats at monthly or bimonthly intervals in six Ecuadorian streams covering a gradient in four different stability measures and other stream characteristics. The physical variables current velocity, water depth, horizontal...... of families vs. individuals) were related to the physical characteristics of individual stone habitats. My second objective was to quantify temporal variability in fauna-stone relationships and to analyse if such variability was related to overall stability of stream reaches. Partial Least Squares (PLS...

Impact of Basel Accord on Banking System(Evidence from Islamic Banks of Pakistan)

OpenAIRE

Muhammad Mehtab Azeem; Akin Marsap; Cigdem Ozari

2015-01-01

Banks and bank regulatory authorities are vital players for the stability of economy and financial system in potential way. Basel III and its related to capital¡¯s requirement obligations have been effective useful tool for the banking system. Since, this is tough job for the bankers to maintain the liquidity for hedging the future risk but it also been expensive for bankers to keep the extra capital and become more liquid since this discourage the provision of loans but promote the credit ra...

The trade-off between monetary policy and bank stability

NARCIS (Netherlands)

Lamers, Martien; Mergaerts, Frederik; Meuleman, Elien; Vennet, Rudi Vander

2016-01-01

This paper investigates how monetary policy interventions by the European Central Bank and the Federal Reserve affect the stock market perception of bank systemic risk. In a first step, we identify monetary policy shocks using a structural VAR approach by exploiting the changes of the volatility of

Uganda; Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, and Payment Systems

OpenAIRE

International Monetary Fund

2003-01-01

This paper presents findings of Uganda’s Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, Banking Supervision, Securities Regulation, Insurance Regulation, Corporate Governance, and Payment Systems. The banking system in Uganda, which dominates the financial system, is fundamentally sound, more resilient than in the past, and currently poses no threat to macroeconomic stability. A major disruption ...

Central Bank Independence and Inflation IN EU-28

Directory of Open Access Journals (Sweden)

Beju Daniela-Georgeta

2017-12-01

Full Text Available Today, both policymakers and academicians consider that the central bank’s main goal is to guarantee price stability. The central bank can sustain the government’s economic policies, but only without prejudicing this objective. In order to focus on price stability several studies found that central bank should have a high level of independence. This is why during the recent decades the majority of developed countries, but also several emerging economies have employed institutional reforms that conferred their monetary authorities – the central bank – more independence.

Asymmetric information and bank runs

OpenAIRE

Gu, Chao

2007-01-01

It is known that sunspots can trigger panic-based bank runs and that the optimal banking contract can tolerate panic-based runs. The existing literature assumes that these sunspots are based on a publicly observed extrinsic randomizing device. In this paper, I extend the analysis of panic-based runs to include an asymmetric-information, extrinsic randomizing device. Depositors observe different, but correlated, signals on the stability of the bank. I find that if the signals that depositors o...

Predicting Hyporheic Exchange of Water and Solutes in Streams on the Basis of a Priori Estimates of Stream Physical Characteristics

Science.gov (United States)

Stone, S. H.; Harvey, J.; Packman, A.; Worman, A.

2005-12-01

It is very important to accurately model solute transport in rivers in order to analyze contaminant transport, water quality, and a variety of ecological processes. The purpose of this research is to determine the physical characteristics of a stream or river that are sufficient to predict hyporheic exchange and downstream solute transport. In the fall of 2004, we conducted a bromide tracer injection and made physical measurements in Sugar Creek, a small agricultural stream in northwestern Indiana. As is typical for small mid-western agricultural streams, Sugar Creek has been ditched and straightened, and subsequent downcutting through glacial sediments and slumpage of bank sediments composed of finer grain sizes has created a stream of intermediate complexity. In order to relate the observed solute transport to more basic physical characteristics of the stream, we determined the bathymetry of Sugar Creek over a wide range of scales (centimeters to decameters), and measured velocity profiles, the water elevation surface profile, hydraulic conductivity via in situ measurements, and bed sediment grain size distributions throughout the study reach. Our most detailed topographic measurements revealed fine scale bed variations with wavelengths on the order of ten centimeters, while surveying of the entire study reach characterized large scale meanders with wavelengths on the order of five meters. The distribution of wavelengths influences the driving forces that cause solute to enter the bed and banks. Hydraulic conductivity determines the resistance to flow of stream water through the (meander) stream banks and streambed. We used a scaling approach to relate the geometric and hydrogeologic characteristics of the stream to solute transport and also applied a new analytical solution for the subsurface flows resulting from topographic variations over a wide range of spatial scales. These models captured the main features of the observed solute transport. The greatest

Heterogeneity across emerging market central bank reaction functions

Directory of Open Access Journals (Sweden)

Mesut Turkay

2017-09-01

Full Text Available The purpose of this study is to analyze monetary policy reaction functions of inflation targeting emerging market economies. Heterogeneity across central bank behavior is modelled using dynamic common correlated effects estimator in a panel data framework of 15 countries. The empirical method allows us to obtain country specific coefficients and shows differences across central bank reaction functions. Model results imply that central banks behave according to an extended Taylor rule and respond to deviation of inflation from the target, output gap, real exchange rate and external financial conditions. The study finds that emerging market central banks consider not only price stability, but also financial stability in setting of interest rates.

Relation of urbanization to stream habitat and geomorphic characteristics in nine metropolitan areas of the United States

Science.gov (United States)

Fitzpatrick, Faith A.; Peppler, Marie C.

2010-01-01

environmental settings. The relations between watershed-scale indicators of urbanization and stream habitat depended on physiography and climate, hydrology, pre-urban channel alterations, reach-scale slope and presence of bedrock, and amount of bank stabilization and grade control. Channels increased in size with increasing percentages of impervious surfaces in southeastern and midwestern metropolitan areas regardless of whether the pre-existing land use was forest or agriculture. The amount of enlargement depended on annual precipitation and frequency of high-flow events. The lack of a relation between channel enlargement and increasing impervious surfaces in other metropolitan areas was thought to be confounded by pre-urbanization hydrologic and channel alterations. Direct relations of channel shape and streambed substrate to urbanization were variable or lacking, probably because the type, amount, and source of sediment are dependent on the phase of urbanization. Reach-scale slope also was important for determining variations in streambed substrate and habitat complexity (percentage of riffles and runs). Urbanization-associated changes in reach-scale riparian vegetation varied geographically, partially depending on pre-existing riparian vegetation characteristics. Bank erosion increased in Milwaukee?Green Bay and Boston urban streams, and bank erosion also increased with an increase in a streamflow flashiness index. However, potential relations likely were confounded by the frequent use of channel stabilization and bank protection in urban settings. Low-flow reach volume did not decrease with increasing urbanization, but instead was related to natural landscape characteristics and possibly other unmeasured factors. The presence of intermittent bedrock in some sampled reaches likely limited some geomorphic responses to urbanization, such as channel bed erosion. Results from this study emphasize the importance of including a wide range of landscape variables at m

Australia; Financial System Stability Assessment, including Reports on the Observance of Standards and Codes on the following topics: Banking Supervision, Insurance Regulation, Securities Regulation, and Payment Systems

OpenAIRE

International Monetary Fund

2006-01-01

The Australian banking system, which holds approximately half of total financial systems assets, and is dominated by four major banks, is sound with high earnings, high asset growth, and low levels of problem assets. Stress tests did not reveal near-term stability concerns, suggesting the banking system is likely to be resilient to adverse shocks. Australia’s financial supervisory structure of prudential authority and market conduct authority is sound overall. The medium-term challenges facin...

Mechanical and Hydrologic Effects of Riparian Vegetation on Critical Conditions for Streambank Stability: Upper Truckee River, California

Science.gov (United States)

Simon, A.; Pollen, N. L.; Langendoen, E. J.

2005-05-01

The Upper Truckee River is the single largest contributor of sediment to Lake Tahoe with a large proportion of the suspended-sediment load coming from eroding streambanks. Recent advances in quantifying streambank processes highlight the combined effects of hydraulic erosion at the bank toe with geotechnical stability of the upper part of the bank and resulted in the development of a deterministic model of bank-toe erosion and streambank stability (Simon et al., 1999). The use of riparian vegetation in schemes of bank stabilization and stream restoration have become popular but are often implemented on a trial and error basis because of a lack of quantifiable information on the mechanical and hydrologic effects of vegetation on bank stability. This study, conducted along an unstable reach of the Upper Truckee River, combines field data with numerical modeling to quantify (1) hydraulic and geotechnical driving and resisting forces that control bank failures, (2) the mechanical and hydrologic effects of vegetation on shear strength, and (3) the critical conditions for bank stability with and without indigenous riparian species. Tests were conducted using three top-bank treatments: bare (control), Lemmon's willow, and young Lodgepole pine. The susceptibility of the bank toe to erosion by hydraulic forces was quantified by conducting submerged jet tests of in situ material to determine the erodibility coefficient (k) and the critical shear stress of the material. Drained, shear-strength parameters (cohesion and friction angle) of the banks were determined from borehole shear tests at various depths. Pore-water pressure and matric suction were monitored at three depths (30, 100, and 150 cm) with digital tensiometers to calculate changes in apparent cohesion for the period (September 2003 - May 2004) and to differentiate between the hydrologic effects of the two species. Root reinforcement of the two species was quantified by determining the relation between root

A LQR-Based Controller with Estimation of Road Bank for Improving Vehicle Lateral and Rollover Stability via Active Suspension

Directory of Open Access Journals (Sweden)

Andres Riofrio

2017-10-01

Full Text Available In this article, a Linear Quadratic Regulator (LQR lateral stability and rollover controller has been developed including as the main novelty taking into account the road bank angle and using exclusively active suspension for both lateral stability and rollover control. The main problem regarding the road bank is that it cannot be measured by means of on-board sensors. The solution proposed in this article is performing an estimation of this variable using a Kalman filter. In this way, it is possible to distinguish between the road disturbance component and the vehicle’s roll angle. The controller’s effectiveness has been tested by means of simulations carried out in TruckSim, using an experimentally-validated vehicle model. Lateral load transfer, roll angle, yaw rate and sideslip angle have been analyzed in order to quantify the improvements achieved on the behavior of the vehicle. For that purpose, these variables have been compared with the results obtained from both a vehicle that uses passive suspension and a vehicle using a fuzzy logic controller.

A LQR-Based Controller with Estimation of Road Bank for Improving Vehicle Lateral and Rollover Stability via Active Suspension.

Science.gov (United States)

Riofrio, Andres; Sanz, Susana; Boada, Maria Jesus L; Boada, Beatriz L

2017-10-13

In this article, a Linear Quadratic Regulator (LQR) lateral stability and rollover controller has been developed including as the main novelty taking into account the road bank angle and using exclusively active suspension for both lateral stability and rollover control. The main problem regarding the road bank is that it cannot be measured by means of on-board sensors. The solution proposed in this article is performing an estimation of this variable using a Kalman filter. In this way, it is possible to distinguish between the road disturbance component and the vehicle's roll angle. The controller's effectiveness has been tested by means of simulations carried out in TruckSim, using an experimentally-validated vehicle model. Lateral load transfer, roll angle, yaw rate and sideslip angle have been analyzed in order to quantify the improvements achieved on the behavior of the vehicle. For that purpose, these variables have been compared with the results obtained from both a vehicle that uses passive suspension and a vehicle using a fuzzy logic controller.

The European Central Bank: The Bank that rules Europe?

OpenAIRE

Howarth, D.

2009-01-01

The power of the European Central Bank (ECB) is rooted in its independence established in the Maastricht Treaty of 1992. This power is reinforced though the bank’s monetary policy credibility—achieved through meeting its price stability mandate, whilst resisting political pressures to manipulate monetary policy to other ends. This credibility contributes to the ideational power of the ECB which is rooted in widespread support for price stability, one of the core objectives of Economic and Mon...

Morphology of a Wetland Stream

Science.gov (United States)

Jurmu; Andrle

1997-11-01

/ Little attention has been paid to wetland stream morphology in the geomorphological and environmental literature, and in the recently expanding wetland reconstruction field, stream design has been based primarily on stream morphologies typical of nonwetland alluvial environments. Field investigation of a wetland reach of Roaring Brook, Stafford, Connecticut, USA, revealed several significant differences between the morphology of this stream and the typical morphology of nonwetland alluvial streams. Six morphological features of the study reach were examined: bankfull flow, meanders, pools and riffles, thalweg location, straight reaches, and cross-sectional shape. It was found that bankfull flow definitions originating from streams in nonwetland environments did not apply. Unusual features observed in the wetland reach include tight bends and a large axial wavelength to width ratio. A lengthy straight reach exists that exceeds what is typically found in nonwetland alluvial streams. The lack of convex bank point bars in the bends, a greater channel width at riffle locations, an unusual thalweg location, and small form ratios (a deep and narrow channel) were also differences identified. Further study is needed on wetland streams of various regions to determine if differences in morphology between alluvial and wetland environments can be applied in order to improve future designs of wetland channels.KEY WORDS: Stream morphology; Wetland restoration; Wetland creation; Bankfull; Pools and riffles; Meanders; Thalweg

Application of ecohydraulic bank protection model to improve river bank stability and biotic community in Surabaya River

Directory of Open Access Journals (Sweden)

Daru Setyo Rini

2017-10-01

Full Text Available Ecohydraulic river bank protection design was developed as ECO-RIPRAP model and has been applied along 100 meter length to restore accelerated erosion sites in Surabaya River at Wringinanom and Klubuk. The model combined re-profiled and re-vegetated bank with rock toe reinforcement and addition of log groynes at 10 meter length interval. Various native plant species were planted on bank slopes, including water plants Ipomoea aquatica and Pistia stratiotes, grasses and shrubs Ipomoea carnea, Pluchea indica, Saccharum spontaneum, Arundo donax, and native tree species Ficus glomerata, Bambusa arundinacea, Dendrocalamus asper, Bambusa vulgaris, Ficus benjamina, Dillenia indica, Psidium guajava, Arthocarpus camansi, Arthocarpus elasticus, Hibiscus mutabilis, Nauclea sp., Inocarpus edulis, and Syzygium polyanthum. The river bank morphology after ECO-RIPRAP application showed alteration from erosion to sedimentation due to rock toe enforcement, log groynes protection, and increase of plant cover on littoral banks that decreased near bank velocity. The macro-invertebrate community shown increase of taxa richness, EPT richness, %EPT and %Atyidae, but decrease of %Chironomidae at restored sites. The fish community shown increase of taxa richness, increase of abundance by 54.2%, increase of Pangasius micronemus abundance by 25.6%, and increase of Hemibragus nemurus abundance by 6.3 % at restored reach. Rare fish species thrive back at restored area, namely Oxyeleotris marmorata, Mastacembelus unicolor and Hampala macrolepidota.

Back to Basics in Banking? A Micro-Analysis of Banking System Stability

NARCIS (Netherlands)

De Jonghe, O.G.

2009-01-01

This paper analyzes the relationship between banks’ divergent strategies toward specialization and diversification of financial activities and their ability to withstand a banking sector crash. We first generate market-based measures of banks’ systemic risk exposures using extreme value analysis.

Headwater Stream Management Dichotomies: Local Amphibian Habitat vs. Downstream Fish Habitat

Science.gov (United States)

Jackson, C. R.

2002-12-01

Small headwater streams in mountainous areas of the Pacific Northwest often do not harbor fish populations because of low water depth and high gradients. Rather, these streams provide habitat for dense assemblages of stream-dwelling amphibians. A variety of management goals have been suggested for such streams such as encouraging large woody debris recruitment to assist in sediment trapping and valley floor formation, encouraging large woody debris recruitment to provide downstream wood when debris flows occur, providing continuous linear stream buffers within forest harvest areas to provide shade and bank stability, etc. A basic problem with analying the geomorphic or biotic benefits of any of these strategies is the lack of explicit management goals for such streams. Should managers strive to optimize downstream fish habitat, local amphibian habitat, or both? Through observational data and theoretical considerations, it will be shown that these biotic goals will lead to very different geomorphic management recommendations. For instance, woody debris greater than 60 cm diameter may assist in valley floor development, but it is likely to create subsurface channel flow of unknown value to amphibians. Trapping and retention of fine sediments within headwater streams may improve downstream spawning gravels, but degrades stream-dwelling amphibian habitat. In response to the need for descriptive information on habitat and channel morphology specific to small, non-fish-bearing streams in the Pacific Northwest, morphologies and wood frequencies in forty-two first- and second-order forested streams less than four meters wide were surveyed. Frequencies and size distributions of woody debris were compared between small streams and larger fish-bearing streams as well as between second-growth and virgin timber streams. Statistical models were developed to explore dominant factors affecting channel morphology and habitat. Findings suggest geomorphological relationships

Prediction of Banking Systemic Risk Based on Support Vector Machine

Directory of Open Access Journals (Sweden)

Shouwei Li

2013-01-01

Full Text Available Banking systemic risk is a complex nonlinear phenomenon and has shed light on the importance of safeguarding financial stability by recent financial crisis. According to the complex nonlinear characteristics of banking systemic risk, in this paper we apply support vector machine (SVM to the prediction of banking systemic risk in an attempt to suggest a new model with better explanatory power and stability. We conduct a case study of an SVM-based prediction model for Chinese banking systemic risk and find the experiment results showing that support vector machine is an efficient method in such case.

An Alternative to Channel-Centered Views of the Landscape for Understanding Modern Streams in the Mid-Atlantic Piedmont Region, Eastern USA

Science.gov (United States)

Merritts, D. J.; Walter, R. C.; Rahnis, M. A.; Oberholtzer, W.

2008-12-01

older) alluvial fans and fan pediments at tributary confluences. Two-dimensional views along incised stream banks give the appearance of overbank sediment atop stream bed gravel, but the fine- grained bank (1-5 m) is mostly the result of slackwater sedimentation from damming, whereas the underlying gravel polygenetic in origin. The gravel is Pleistocene or older in age, and not the result of active stream channel migration and point-bar formation during the Holocene. The Holocene warm period was dominated by valley-bottom stability and widespread wetland formation, fostered by beaver activity. Modern stream channel forms are largely the result of incision and bank erosion in response to dam breaching and base- level fall, not hydraulic adjustment to prevailing (or changed) supplies of sediment and water. Rather, channel dimensions are controlled by thickness of historic sediment (i.e., dam height and distance upstream of dam) and depth of incision. Changes in slope (i.e., rapid base-level fall), rather than changes in sediment supply and runoff, are powerful determinants of modern channel forms, and there are no pre-settlement forms for comparison. At present, there is an "impedance mismatch" between those with channel-centered views and those who view the deeply weathered mid-Atlantic landscape as the result of hundreds of thousands to millions of years of slow landscape evolution.

Competitive implications of cross-border banking

OpenAIRE

Claessens, Stijn

2006-01-01

This paper reviews the recent literature on cross-border banking, with a focus on policy implications. Cross-border banking has increased sharply in recent decades, particularly in the form of entry, and has affected the development of financial systems, access to financial services, and stability. Reviewing the empirical literature, the author finds much, although not uniform, evidence that cross-border banking supports the development of an efficient and stable financial system that offers ...

The Morphology of Streams Restored for Market and Nonmarket Purposes: Insights From a Mixed Natural-Social Science Approach

Science.gov (United States)

Singh, J.; Doyle, M.; Lave, R.; Robertson, M.

2015-12-01

Stream restoration is increasingly driven by compensatory mitigation; impacts to streams associated with typical land development activities must be offset via restoration of streams elsewhere. This policy creates an environment where restored stream 'credits' are traded under market-like conditions, comparable to wetland mitigation, carbon offsets, or endangered species habitat banking. The effect of mitigation on restoration design and construction is unknown. We use geomorphic surveys to quantify the differences between restored and nonrestored streams, and the difference between streams restored for market purposes (compensatory mitigation) from those restored for nonmarket programs. Physical study sites are located in the state of North Carolina, USA. We also analyze the social and political-economic drivers of the stream restoration and mitigation industry using analysis of policy documents and interviews with key personnel including regulators, mitigation bankers, stream designers, and scientists. Restored streams are typically wider, shallower and geomorphically more homogeneous than nonrestored streams. For example, nonrestored streams are typically characterized by more than an order of magnitude variability in radius of curvature and meander wavelength within a single study reach. By contrast, the radius of curvature in many restored streams does not vary for nearly the entire project reach. Streams restored for the mitigation market are typically headwater streams and part of a large, complex of long restored main channels, and many restored tributaries; streams restored for nonmarket purposes are typically shorter and consist of the main channel only. Interviews reveal that social forces shape the morphology of restored streams. Designers integrate many influences including economic and regulatory constraints, but traditions of practice have a large influence as well. Home to a fairly mature stream mitigation banking market, North Carolina can provide

76 FR 28006 - Proposed Authorization Under the U.S. Army Corps of Engineers Nationwide Permit Program of U.S...

Science.gov (United States)

2011-05-13

...) Stabilizing stream banks and associated structures to reduce erosion through bioengineering techniques... repair or stabilization of existing stream crossings for livestock or human passage, levees, culverts... water conveyance (pipelines), irrigation water control structures, and various management practices...

Framework for Preserving Financial Stability in Montenegro

Directory of Open Access Journals (Sweden)

Žugić Radoje

2014-01-01

Full Text Available The global financial crisis has challenged the traditional monetary policy framework of one instrument (short-term interest rates - one objective (price stability. More and more central banks nowadays consider financial stability as a monetary policy objective, whereas the Central Bank of Montenegro is the only one that has identified financial stability as its primary objective. As this is a relatively new objective, all central banks endeavouring to attain this objective have been facing numerous difficulties. Therefore, the article analyzes some of these difficulties such as defining financial (instability, the selection of indicators, macroeconomic environment for preserving financial stability, and the like. The main objective of the paper is to analyse the framework for preserving financial stability in Montenegro and the challenges that the Central Bank of Montenegro has been facing in accomplishing this objective

Stability of silver nanoparticle monolayers determined by in situ streaming potential measurements

International Nuclear Information System (INIS)

Morga, Maria; Adamczyk, Zbigniew; Oćwieja, Magdalena

2013-01-01

A silver particle suspension obtained by a chemical reduction was used in this work. Monolayers of these particles (average size 28 nm) on mica modified by poly(allylamine hydrochloride) were produced under diffusion-controlled transport. Monolayer coverages, quantitatively determined by atomic force microscopy (AFM) and SEM, was regulated by adjusting the nanoparticle deposition time and the suspension concentration. The zeta potential of the monolayers was determined by streaming potential measurements carried out under in situ (wet) conditions. These measurements performed for various ionic strengths and pH were interpreted in terms of the three-dimensional (3D) electrokinetic model. The stability of silver monolayers was also investigated using streaming potential and the AFM methods. The decrease in the surface coverage of particles as a function of time and ionic strength varied between 10 −1 and 10 −4  M was investigated. This allowed one to determine the equilibrium adsorption constant K a and the binding energy of silver particles (energy minima depth). Energy minima depth were calculated that varied between −18 kT for I = 10 −1  M and −19 kT for I = 10 −4 for pH 5.5 and T = 298 K. Our investigations suggest that the interactions between surface and nanoparticles are controlled by the electrostatic interactions among ion pairs. It was also shown that the in situ electrokinetic measurements are in accordance with those obtained by more tedious ex situ AFM measurements. This confirmed the utility of the streaming potential method for direct kinetic studies of nanoparticle deposition/release processes.Graphical Abstract

Streaming tearing mode

Science.gov (United States)

Shigeta, M.; Sato, T.; Dasgupta, B.

1985-01-01

The magnetohydrodynamic stability of streaming tearing mode is investigated numerically. A bulk plasma flow parallel to the antiparallel magnetic field lines and localized in the neutral sheet excites a streaming tearing mode more strongly than the usual tearing mode, particularly for the wavelength of the order of the neutral sheet width (or smaller), which is stable for the usual tearing mode. Interestingly, examination of the eigenfunctions of the velocity perturbation and the magnetic field perturbation indicates that the streaming tearing mode carries more energy in terms of the kinetic energy rather than the magnetic energy. This suggests that the streaming tearing mode instability can be a more feasible mechanism of plasma acceleration than the usual tearing mode instability.

CHANNEL EVOLUTION IN MODIFIED ALLUVIAL STREAMS.

Science.gov (United States)

Simon, Andrew; Hupp, Cliff R.

1987-01-01

This study (a) assesses the channel changes and network trends of bed level response after modifications between 1959 and 1972 of alluvial channels in western Tennessee and (b) develops a conceptual model of bank slope development to qualitatively assess bank stability and potential channel widening. A six-step, semiquantitative model of channel evolution in disturbed channels was developed by quantifying bed level trends and recognizing qualitative stages of bank slope development. Development of the bank profile is defined in terms of three dynamic and observable surfaces: (a) vertical face (70 to 90 degrees), (b) upper bank (25 to 50 degrees), and (c) slough line (20 to 25 degrees).

Unanswered Quibbles with Fractional Reserve Free Banking

Directory of Open Access Journals (Sweden)

Philipp Bagus

2011-07-01

Full Text Available In this article we reply to George Selgin’s counterarguments to our article “Fractional Reserve Free Banking: Some Quibbles”. Selgin regards holding cash as saving while we focus on the real savings necessary to maintain investment projects. Real savings are unconsumed real income. Variations in real savings are not necessarily equal to variations in cash holdings. We show that a coordinated credit expansion in a fractional reserve free banking (FRFB system is possible and that precautionary reserves consequently do not pose a necessary limit. We discuss various instances in which a FRFB system may expand credit without a prior increase in real savings. These facets all demonstrate why a fractional reserve banking system – even a free banking one – is inherently unstable, and incentivized to impose a stabilizing central bank. We find that at the root of our disagreements with Selgin lies a different approach to monetary theory. Selgin subscribes to the aggregative equation of exchange, which impedes him from seeing the microeconomic problems that the stabilization of “MV” by a FRFB system causes.

STABILITY OF THE PARTICIPATION BANKING SECTOR AGAINST THE ECONOMIC CRISIS IN TURKEY

Directory of Open Access Journals (Sweden)

Metin Aktaş

2013-01-01

Full Text Available The purpose of this article is to analyze whether participating banking sector is more stable than conventional banking sector during the global economic crisis. The main point is that which banking system are financially less affected from the global economic crisis. For this anlysis, we have used trend analysis method for 2006-2011 on yearly basis. In this study, yearly financial ratios of conventional and participating banking sectors were utilized. Financial ratios can be sorted as profitability, liquidity, risknesss and asset quality ratios. Results of the study show that participating banking sector is more stable than conventional banking sector in terms of profitability, riskiness and liquidity during the analysis term which includes 2008 global economic crisis. In addition, both sectors are almost similiar and stable in terms of asset quality.

Banking competition and financial fragility: Evidence from panel-data

OpenAIRE

Ruiz-Porras, Antonio

2007-01-01

We study how banking competition may affect the stability of banking systems. We develop our study by expanding the failure-determinant methodology to include panel-data techniques and by controlling the effects of financial structure and development. We use indicators for 47 countries between 1990 and 1997. The main findings show that banking concentration and foreign ownership are associated to bank-based financial systems and financial underdevelopment. They also show that banking credit a...

DARC PLURIDATA system: the /sup 13/C-N. M. R. data bank

Energy Technology Data Exchange (ETDEWEB)

Dubois, J E; Bonnet, J C [Paris-7 Univ., 75 (France)

1979-09-15

The capabilities of the DARC system are discussed and illustrated by the storage and retrieval functions of the /sup 13/C-N.M.R. data bank of the DARC PLURIDATA system. The data covered by the bank, as well as the input stream to the bank and validation of the spectra, are described. Particular stress is laid on the DARC structural retrieval system, which illustrates the interactive interrogration of a chemical bank by means of the structural diagram of a molecule, i.e. the universal language in chemistry. The potential of the /sup 13/C-N.M.R. data bank in computer-aided structural elucidation is outlined.

Improvements in Quantifying Bank Erosion for Sediment Budgets within the Chesapeake Bay Watershed by Integrating Structure-From-Motion Photogrammetry

Science.gov (United States)

Bell, J. M.; Cashman, M. J.; Nibert, L.; Jackson, S.

2017-12-01

Fine sediment is a major source of pollution due to its ability to attenuate light, smother habitat, and sorb and transport nutrients, such as phosphorus and nitrogen. Piedmont streams in the Mid-Atlantic region of the United States are frequently characterized as incised with steep, highly erodible banks of legacy sediment that can contribute to high sediment loads. Multiple sediment fingerprinting studies in this region have demonstrated that stream banks can contribute a large proportion of the total sediment load, but stream banks are frequently overlooked in sediment delivery models and Total Maximum Daily Load allocations. The direct quantification of bank erosion is therefore essential to producing accurate sediment budgets, which are needed to inform the targeted mitigation and remediation of degraded fluvial systems. This study contrasts the use of traditional bank pin measurements, structure-from-motion photogrammetric techniques, and aerial LIDAR at sites within Maryland, USA. Bank pin measurements, representing only single points in space, were found to be highly variable with subjective initial placement often missing nearby, large-scale bank failures. In contrast, photogrammetric techniques, using structure-from-motion, were able to capture a more spatially-complete streambank profile. Using a Nikon D810 camera, bank scans were able to reconstruct banks with a RMSE as low as 0.1mm and repeat scan alignment resolution of bank-erosion over multi-year timescales. Future work will include difference mapping channel features at watershed scales. This photogrammetric approach of quantifying geomorphic change, when coupled with bank-sediment bulk density, has promise to accurately quantify volumetric change as well as sediment loads originating from bank erosion, and may provide valuable data of the quantification of bank erosion for incorporation into regional sediment models.

Optimization of the bank's operating portfolio

Science.gov (United States)

Borodachev, S. M.; Medvedev, M. A.

2016-06-01

The theory of efficient portfolios developed by Markowitz is used to optimize the structure of the types of financial operations of a bank (bank portfolio) in order to increase the profit and reduce the risk. The focus of this paper is to check the stability of the model to errors in the original data.

Risk Contagion in Chinese Banking Industry: A Transfer Entropy-Based Analysis

Directory of Open Access Journals (Sweden)

Jianping Li

2013-12-01

Full Text Available What is the impact of a bank failure on the whole banking industry? To resolve this issue, the paper develops a transfer entropy-based method to determine the interbank exposure matrix between banks. This method constructs the interbank market structure by calculating the transfer entropy matrix using bank stock price sequences. This paper also evaluates the stability of Chinese banking system by simulating the risk contagion process. This paper contributes to the literature on interbank contagion mainly in two ways: it establishes a convincing connection between interbank market and transfer entropy, and exploits the market information (stock price rather than presumptions to determine the interbank exposure matrix. Second, the empirical analysis provides an in depth understanding of the stability of the current Chinese banking system.

Financial Independence of Central Bank through the Balance Sheet Prism

Directory of Open Access Journals (Sweden)

Ivanović Valentina

2014-05-01

Full Text Available The main reason for central bank independence lies in the fact that it is necessary to clearly distinguish spending money from the ability of making money. Independence of central banks is now a characteristic of almost all developed and highly industrialized countries. In this respect, it represents an essential part of the overall economic reality of these countries. Over the past decade or somewhat earlier, the issue of importance of central bank independence has been raised in developing countries, making the institutional, functional, personal and financial independence of central banks current topics for consideration. The key reason for the growing attention to financial independence of central banks is due to the effects of the global financial crisis on their balance sheets and therefore the challenges related to achieving the basic goals of the functioning of central banks - financial stability and price stability.

Two-stream Stability Properties of the Return-Current Layer for Intense Ion Beam Propagation Through Background Plasma

International Nuclear Information System (INIS)

Startsev, Edward A.; Davidson, Ronald C.; Dorf, Mikhail

2009-01-01

When an ion beam with sharp edge propagates through a background plasma, its current is neutralized by the plasma return current everywhere except at the beam edge over a characteristic transverse distance Δx perpendicular ∼ (delta) pe , where (delta) pe = c/ω pe is the collisionless skin depth, and ω pe is the electron plasma frequency. Because the background plasma electrons neutralizing the ion beam current inside the beam are streaming relative to the background plasma electrons outside the beam, the background plasma can support a two-stream surface-mode excitation. Such surface modes have been studied previously assuming complete charge and current neutralization, and have been shown to be strongly unstable. In this paper we study the detailed stability properties of this two-stream surface mode for an electron flow velocity profile self-consistently driven by the ion beam. In particular, it is shown that the self-magnetic field generated inside the unneutralized current layer, which has not been taken into account previously, completely eliminates the instability

SUPERVISION OF CREDIT INSTITUTIONS SIGNIFICANT RISKS TO FINANCIAL STABILITY

Directory of Open Access Journals (Sweden)

LUCIAN-ION MEDAR

2014-12-01

Full Text Available Financial stability of Romanian banking system is determined by the constant supervision of credit institutions significant risks. Accession of Romania to Union Banking requires the signing of a linked protocol between the central bank and European Central Bank regarding prudential supervision to ensure financial stability. This means that from the next year, the central bank will impose a new supervision of credit institutions in our country. And especially to those credit institutions that do not fall under European supervisors, according to the procedures of the ECB. Through this study we propose to specify the main elements of management of significant risks to ensure financial stability.

ANALOG MODEL OF DYNAMIC BALANCE OF THE JOINT-STOCK BANK

Directory of Open Access Journals (Sweden)

Bulanov Yu. N.

2016-12-01

Full Text Available Reliability and financial stability of a commercial bank are based on economic interests of its stakeholders - influence groups. The main influence groups of a bank - Shareholders, Board of management, Administration and Responsible executives, Staff members, Depositors, Loan debtors, Clients - have competing economic interests, which are necessary to be taken into account and are to be realized in a balanced way in the process of strategic management. Quantitative outcomes of Strategy 2015 implementation in terms of its system-based stability, which is determinated by sufficient capital’s data, day-to-day liquidity as well as risk realization level of active bank transactions, turned out to be insufficient but expectable. The approach to definition of economic nature of the category “Financial stability” relating to the joint-stock bank, which is demonstrated with the use of the analog model of its development affected by influence groups, is represented. Such basic vectors of strategic development of the joint-stock bank as “Aggressive growth”, “Dumping”, “Conservatism”, “Evolutionary growth” were examined and analyzed. Operating results of a banking sector, which statistically reflect the effect of depositors’ and loan debtors’ forces on the bank, show stronger dependence on individual and corporate depositors. Statement on suitability and possibility of quantitative evaluation of a bank’s financial stability (reliability in indicator set “Return on assets - Liquidity - Risks”.

The European Central Bank : Independence, accountability and strategy: A review

NARCIS (Netherlands)

De Haan, J

1997-01-01

This paper reviews research on central banking and monetary policy, with special emphasis on the position of the future European Central Bank. Nowadays, it is often thought that an independent central bank with an explicit mandate to aim for price stability constitutes an important institutional

THE NEED OF BANK RESOLUTION TOOLS FOR THE SAVING THE CREDIT INSTITUTIONS

Directory of Open Access Journals (Sweden)

Irina-Elena CHIRTOC

2017-12-01

Full Text Available Prudential supervision of credit institutions by the national authority leads to better their financial stability, especially in times of financial crisis. Governance and bank resolution of credit institutions posing systemic importance are two distinct functions that are monitored by the central bank as the national supervisory authority of the banking system.. Identify risks and vulnerabilities of the banking system's financial components are an important task of the national supervisory authority. Banking Resolution as extreme activity may be a consequence of ineffective corporate governance of credit institutions. The emergence and development of failures in corporate governance of financial institutions and inadequate allocation of funds to support their activities may affect the financial stability of credit institutions and hence the banking system.

The role of bank collapse on tidal creek ontogeny: A novel process-based model for bank retreat

Science.gov (United States)

Gong, Zheng; Zhao, Kun; Zhang, Changkuan; Dai, Weiqi; Coco, Giovanni; Zhou, Zeng

2018-06-01

Bank retreat in coastal tidal flats plays a primary role on the planimetric shape of tidal creeks and is commonly driven by both flow-induced bank erosion and gravity-induced bank collapse. However, existing modelling studies largely focus on bank erosion and overlook bank collapse. We build a bank retreat model coupling hydrodynamics, bank erosion and bank collapse. To simulate the process of bank collapse, a stress-deformation model is utilized to calculate the stress variation of bank soil after bank erosion, and the Mohr-Coulomb failure criterion is then applied to evaluate the stability of the tidal creek bank. Results show that the bank failure process can be categorized into three stages, i.e., shear failure at the bank toe (stage I), tensile failure on the bank top (stage II), and sectional cracking from the bank top to the toe (stage III). With only bank erosion, the planimetric shapes of tidal creeks are funneled due to the gradually seaward increasing discharge. In contrast to bank erosion, bank collapse is discontinuous, and the contribution of bank collapse to bank retreat can reach 85%, highlighting that the expansion of tidal creeks can be dominated by bank collapse process. The planimetric shapes of tidal creeks are funneled with a much faster expansion rate when bank collapse is considered. Overall, this study makes a further step toward more physical and realistic simulation of bank retreat in estuarine and coastal settings and the developed bank collapse module can be readily included in other morphodynamic models.

BANKING UNION - ROMANIAN PERSPECTIVE

Directory of Open Access Journals (Sweden)

Coroiu Sorina Ioana

2015-07-01

Full Text Available The financial crisis showed that banks were not able to face the loss, because there is no framework for a resolution, so that it intervened with money from taxpayers. So, it has been highlighted the need to update the regulations applicable to the banking sector. Creating a single supervisory mechanism in the fall of 2014 was a time reference point to achieve a banking union in Europe. Banking Union is one of the four foundations for a genuine Economic and Monetary Union. The paper’s purpose is to analyze the Banking Union structure, based on three pillars: (i The Single Supervisory Mechanism - the transfer of the main responsibility regarding banking supervision from national to European level, (ii The Single Resolution Mechanism - introduction of common provisions to ensure legal support required to manage bank failures problem, (iii The Deposit Guarantee Schemes - harmonization of deposit guarantee rules. These measures were adopted at European Union level to ensure the stability of the European banking system and to prevent future crises. Because countries that are not part of the euro area are not required to join the Banking Union, the dilemma of these countries lies in the decision to join the Banking Union quickly or to wait. It is the case of Romania, also, so, this paper analyze the opportunity of Romania's accession to the Banking Union before adopting the euro. There are analyzed the advantages and disadvantages of Romania's participation in the Banking Union, showing that, in the context of single currency introduction, Romania's participation is required. So far, there are reduced debates regarding the need, advantages and disadvantages of Romania's participation in the European Banking Union, the top representatives of the National Bank of Romania being among the few who expressed their views in public and published papers on the subject.

Stability Of The Regional Banking Systems In The Crisis And Post-Crisis Periods

Directory of Open Access Journals (Sweden)

Yelena Pavlovna Gurova

2014-12-01

Full Text Available In connection with the recent crises has become more urgent topic of estimating the probability of bankruptcy of financial institutions. However, do not analyze the level of bankruptcies in the «regional banking systems» and its dependence on certain bank characteristics, the economic situation in the region. The subject of this study is to estimate the probability of medium-sized («non-capital» regional banks bankruptcy. Purpose of the article is to identify the main factors that have the greatest impact on the probability of default of the situation of regional banks. The study used an analytical and theoretical method is conducted econometric analysis. For performance revealed a significant difference in the factors influencing the onset of medium-sized regional situation of default («non-capital» banks, compared with larger banks. First to assess the likelihood of bankruptcy is used the concentration index of banks included in the model and significant macro variables. Results are applicable, from our point of view, the evaluation and more precise definition of the probability of default CBR regional banks.

Groundwater Discharge along a Channelized Coastal Plain Stream

Energy Technology Data Exchange (ETDEWEB)

LaSage, Danita M [Ky Dept for natural resources, Div of Mine Permits; Sexton, Joshua L [JL Sexton and Son; Mukherjee, Abhijit [Univ of Tx, Jackson School of Geosciences, Bur of Econ. Geology; Fryar, Alan E [Univ of KY, Dept of Earth and Geoligical Sciences; Greb, Stephen F [Univ of KY, KY Geological Survey

2015-10-01

In the Coastal Plain of the southeastern USA, streams have commonly been artificially channelized for flood control and agricultural drainage. However, groundwater discharge along such streams has received relatively little attention. Using a combination of stream- and spring-flow measurements, spring temperature measurements, temperature profiling along the stream-bed, and geologic mapping, we delineated zones of diffuse and focused discharge along Little Bayou Creek, a channelized, first-order perennial stream in western Kentucky. Seasonal variability in groundwater discharge mimics hydraulic-head fluctuations in a nearby monitoring well and spring-discharge fluctuations elsewhere in the region, and is likely to reflect seasonal variability in recharge. Diffuse discharge occurs where the stream is incised into the semi-confined regional gravel aquifer, which is comprised of the Mounds Gravel. Focused discharge occurs upstream where the channel appears to have intersected preferential pathways within the confining unit. Seasonal fluctuations in discharge from individual springs are repressed where piping results in bank collapse. Thereby, focused discharge can contribute to the morphological evolution of the stream channel.

Multinational banks and development finance

OpenAIRE

Weller, Christian E.; Scher, Mark J.

1999-01-01

Financial market recommendations for less industrialized economies, particularly in the wake of the recent financial crises, have included a push for more international financial competition. The entry of multinational banks (MNBs) into developing economies is supposed to create more market discipline for domestic banks, thus making them more efficient, and enhancing financial stability. Using data from the BIS and the IMF, we look at the determinants of MNB presence, at MNB activities, and t...

Global Banking System Regulatory Environment

Directory of Open Access Journals (Sweden)

Oleh Mozhovyi

2017-03-01

Full Text Available The international and domestic experience shows that the main factors of financial destabilization during the financial crises are in the banking sector. The article reveals that the vulnerability of the financial system is connected with functions, deposit and credit transactions, risks distribution and ensuring liquidity; banks act as a major factor in stabilisation measures in the current context of globalization processes, since the economic stability of banking activities relates directly to all the entities and only stable banking system can withstand the crisis phenomena. Therefore, as a result of the analysis, it is proved that not only reduction of risks of banks is needed, but also introduction of the effective supervision system over implementation of the requirements and standards to prevent these risks. According to modern international approaches, banks use the so-called prudential supervision, which is based on the risk management assessment policy on the part of the Bank’s management, and regulatory bodies contribute to implementation of such policy. The authors have concluded that not only modern specificity of banks, but also the impact of supervision systems and regulation of modern trends in development of the banking should be analysed. Application of the general regulatory principles and banking risks methodology is required. The task of supervision is distribution of reliable risk management practices in the banking system, taking into account national peculiarities of development.

Investigating methods of stream planform identification

Science.gov (United States)

Lohberg, M. M.; Lusk, K.; Miller, D.; Stonedahl, F.; Stonedahl, S. H.

2013-12-01

Stream planforms are used to map scientific measurements, estimate volumetric discharge, and model stream flow. Changes in these planforms can be used to quantify erosion and water level fluctuations. This research investigated five cost-effective methods of identifying stream planforms: (1) consumer-grade digital camera GPS (2) multi-view stereo 3D scene reconstruction (using Microsoft Photosynth (TM)) (3) a cross-sectional measurement approach (4) a triangulation-based measurement approach and (5) the 'square method' - a novel photogrammetric procedure which involved floating a large wooden square in the stream, photographing the square and banks from numerous angles and then using the square to correct for perspective and extract the outline (using custom post-processing software). Data for each of the five methods was collected at Blackhawk Creek in Davenport, Iowa. Additionally we placed 30 control points near the banks of the stream and measured 88 lengths between these control points. We measured or calculated the locations of these control points with each of our five methods and calculated the average percent error associated with each method using the predicted control point locations. The effectiveness of each method was evaluated in terms of accuracy, affordability, environmental intrusiveness, and ease of use. The camera equipped with GPS proved to be a very ineffective method due to an extremely high level of error, 289%. The 3D point cloud extracted from Photosynth was missing markers for many of the control points, so the error calculation (which yielded 11.7%) could only be based on five of the 88 lengths and is thus highly uncertain. The two non-camera methods (cross-sectional and triangulation measurements) resulted in low percent error (2.04% and 1.31% respectively) relative to the control point lengths, but these methods were very time consuming, exhausting, and only provided low resolution outlines. High resolution data collection would

Hybrid Z-Θ Pinches with fused capacitor banks

International Nuclear Information System (INIS)

Grandey, R.; Gersten, M.; Loter, N.; Rauch, J.; Rostoker, N.; Thompson, W.; Ware, K.

1987-01-01

The Hybrid Z-Θ Pinch circuit equations in the thin shell model were reexamined to see what advantages can be obtained by using a fused, high-energy (>--1MJ) bank driver. The DNA ACE facility at MLI utilizes a 36 μF capacitor band which can be charged to 120 kV to provide 250 kJ of stored energy. This configuration appears to be very appropriate to test the performance of a hybrid-stabilized fused-bank driven pinch. The circuit analyses suggest that the energy transfer efficiency from the bank to a pinched plasma can be increased from less than 1%, for a nonfused bank, to about 10% for a fused configuration. In the applicable region of parameter space, the Hybrid Pinch does not increase the efficiency of energy transfer into the plasma over that obtainable from a Z-pinch. The additional stability may allow larger initial radii to be used with concomitant improved coupling into radiation above 1 keV

BANK STABILIZATION, SHORELINE LAND-USE, AND THE DISTRIBUTION OF LARGE WOODY DEBRIS IN A REGULATED REACH OF THE UPPER MISSOURI RIVER, NORTH DAKOTA, USA

Science.gov (United States)

Large woody debris (LWD) is an important component of ecosystem function in floodplain rivers. We examined the effects on LWD distribution of shoreline land use, bank stabilization, local channel geomorphology, and distance from the dam in the Garrison Reach, a regulated reach of...

Sources of suspended-sediment flux in streams of the chesapeake bay watershed: A regional application of the sparrow model

Science.gov (United States)

Brakebill, J.W.; Ator, S.W.; Schwarz, G.E.

2010-01-01

We describe the sources and transport of fluvial suspended sediment in nontidal streams of the Chesapeake Bay watershed and vicinity. We applied SPAtially Referenced Regressions on Watershed attributes, which spatially correlates estimated mean annual flux of suspended sediment in nontidal streams with sources of suspended sediment and transport factors. According to our model, urban development generates on average the greatest amount of suspended sediment per unit area (3,928 Mg/km2/year), although agriculture is much more widespread and is the greatest overall source of suspended sediment (57 Mg/km2/year). Factors affecting sediment transport from uplands to streams include mean basin slope, reservoirs, physiography, and soil permeability. On average, 59% of upland suspended sediment generated is temporarily stored along large rivers draining the Coastal Plain or in reservoirs throughout the watershed. Applying erosion and sediment controls from agriculture and urban development in areas of the northern Piedmont close to the upper Bay, where the combined effects of watershed characteristics on sediment transport have the greatest influence may be most helpful in mitigating sedimentation in the bay and its tributaries. Stream restoration efforts addressing floodplain and bank stabilization and incision may be more effective in smaller, headwater streams outside of the Coastal Plain. ?? 2010 American Water Resources Association. No claim to original U.S. government works.

Stabilizing eroding streambanks in sand drift areas of the Lake States.

Science.gov (United States)

Edward A. Hansen

1968-01-01

Banks are stabilized to protect adjacent high-value items such as cabins and campgrounds, or to reduce reservoir or lake sedimentation rates. Also, bank stabilization is undertaken as one part of fish habitat improvement programs. Rock rip-rap is the best material for bank stabilization in most cases. It does not deteriorate with time and it blends in well with the...

Comparison of fish assemblages in two littoral habitats in a Neotropical morichal stream in Venezuela

Directory of Open Access Journals (Sweden)

Carmen G. Montaña

Full Text Available Morichales are lowland streams in South American savannas with riparian forest dominated by the moriche palm (Mauritia flexuosa. We sampled littoral habitats from ten flooded vegetated patches (dominated by Mauritiella aculeate and six sand banks in two months of the dry season (Feb-Mar 2005 in a stream in the savannas of Apure State, Venezuela. We collected samples that compromised 12,407 individual fishes of 107 species. Small-bodied fishes (< 100 mm, representing diverse trophic and life history strategies, were abundant. The most abundant species were in the families Characidae and Cichlidae. Fish assemblages from flooded vegetated patches differed significantly from those on adjacent sand banks. High structural complexity along vegetated shoreline habitats of morichal streams likely contributes to species richness and affects assemblage composition.

Establishing riparian vegetation through use of a self-cleaning siphon system

Science.gov (United States)

Mark D. Ankeny; L. Bradford Sumrall; Kuo-Chin Hsu

1999-01-01

Storm water or overland flow can be captured and injected into a soil trench or infiltration gallery attached to a siphon and emplaced adjacent to a stream or arroyo bank. This injected soil water can be used by stream side vegetation for wildlife habitat, bank stabilization or other purposes. The siphon system has three hydrologically-distinct flow regimes: (1)...

Prospects of implementation of "Basel III" international standards for domestic banks based on international experience

Directory of Open Access Journals (Sweden)

Baha Oksana

2016-04-01

Full Text Available This article summarizes the main requirements of the "Basel III" new standards in the context of banks capital regulation and identifies prospects for implementation of domestic banks based on analysis of international experience. The urgency of the problem is formulated in the need to restore the stability of the banking system of Ukraine with the new standards, which purpose is to increase the stability of banks and to protect the rights of financial services consumers. The main threats faced by the banking systems of developed countries and possible for the Ukrainian financial system were determined. The ways of achieving maximum benefits of new banking reform introduction were proposed.

Numerical simulation of hydrodynamics and bank erosion in a river bend

NARCIS (Netherlands)

Rinaldi, M.; Mengoni, B.; Luppi, L.; Darby, S.E.; Mosselman, E.

2008-01-01

We present an integrated analysis of bank erosion in a high-curvature bend of the gravel bed Cecina River (central Italy). Our analysis combines a model of fluvial bank erosion with groundwater flow and bank stability analyses to account for the influence of hydraulic erosion on mass failure

A MACROPRUDENTIAL SUPERVISION MODEL. EMPIRICAL EVIDENCE FROM THE CENTRAL AND EASTERN EUROPEAN BANKING SYSTEM

Directory of Open Access Journals (Sweden)

Trenca Ioan

2013-07-01

Full Text Available One of the positive effects of the financial crises is the increasing concern of the supervisors regarding the financial system’s stability. There is a need to strengthen the links between different financial components of the financial system and the macroeconomic environment. Banking systems that have an adequate capitalization and liquidity level may face easier economic and financial shocks. The purpose of this empirical study is to identify the main determinants of the banking system’s stability and soundness in the Central and Eastern Europe countries. We asses the impact of different macroeconomic variables on the quality of capital and liquidity conditions and examine the behaviour of these financial stability indicators, by analyzing a sample of 10 banking systems during 2000-2011. The availability of banking capital signals the banking system’s resiliency to shocks. Capital adequacy ratio is the main indicator used to assess the banking fragility. One of the causes of the 2008-2009 financial crisis was the lack of liquidity in the banking system which led to the collapse of several banking institutions and macroeconomic imbalances. Given the importance of liquidity for the banking system, we propose several models in order to determine the macroeconomic variables that have a significant influence on the liquid reserves to total assets ratio. We found evidence that GDP growth, inflation, domestic credit to private sector, as well as the money and quasi money aggregate indicator have significant impact on the banking stability. The empirical regression confirms the high level of interdependence of the real sector with the financial-banking sector. Also, they prove the necessity for an effective macro prudential supervision at country level which enables the supervisory authorities to have an adequate control over the macro prudential indicators and to take appropriate decisions at the right time.

Market liquidity and financial stability.

OpenAIRE

Crockett, A.

2008-01-01

Stability in financial institutions and in financial markets are closely intertwined. Banks and other financial institutions need liquid markets through which to conduct risk management. And markets need the back-up liquidity lines provided by financial institutions. Market liquidity depends not only on objective, exogenous factors, but also on endogenous market dynamics. Central banks responsible for systemic stability need to consider how far their traditional responsibility for the health ...

Success is in the bank

Science.gov (United States)

de Vincent-Humphreys, Rupert

2008-05-01

As the nation's central bank, the Bank of England is committed to promoting and maintaining monetary and financial stability. Broadly speaking, this means that it sets the interest rate at a level such that the economy should meet the UK government's 2% inflation target in the medium term, and it analyses the financial system to identify and reduce systemic risks to the country's financial infrastructure. The Bank also performs several other critical functions, including managing the approximately £42bn worth of banknotes in circulation and managing the nation's foreign-currency reserves - a multicurrency fund worth some £23bn. As a physicist, I find that I can make a full contribution to this work.

Foreign banks and credit stability in Central and Eastern Europe. A panel data analysis

NARCIS (Netherlands)

De Haas, Ralph; van Lelyveld, Iman

We examine whether foreign and domestic banks in Central and Eastern Europe react differently to business cycles and banking crises. Our panel dataset comprises data of more than 250 banks for the period 1993-2000, with information on bank ownership and mode of entry. During crisis periods domestic

Particulate hot gas stream cleanup technical issues

Energy Technology Data Exchange (ETDEWEB)

Pontius, D.H.; Snyder, T.R.

1999-09-30

The analyses of hot gas stream cleanup particulate samples and descriptions of filter performance studied under this contract were designed to address problems with filter operation that have been linked to characteristics of the collected particulate matter. One objective of this work was to generate an interactive, computerized data bank of the key physical and chemical characteristics of ash and char collected from operating advanced particle filters and to relate these characteristics to the operation and performance of these filters. The interactive data bank summarizes analyses of over 160 ash and char samples from fifteen pressurized fluidized-bed combustion and gasification facilities utilizing high-temperature, high pressure barrier filters.

Bank Funding Structures and Risk; Evidence From the Global Financial Crisis

OpenAIRE

Pablo Federico; Francisco F. Vazquez

2012-01-01

This paper analyzes the evolution of bank funding structures in the run up to the global financial crisis and studies the implications for financial stability, exploiting a bank-level dataset that covers about 11,000 banks in the U.S. and Europe during 2001?09. The results show that banks with weaker structural liquidity and higher leverage in the pre-crisis period were more likely to fail afterward. The likelihood of bank failure also increases with bank risk-taking. In the cross-section, th...

Flume Experiments on the Influence of Salmon Spawning Density on Grain Stability and Bedload Transport in Gravel-bed Streams

Science.gov (United States)

Buxton, T. H.

2015-12-01

Salmon spawning in streams involves the female salmon digging a pit in the bed where she deposits eggs for fertilization before covering them with gravel excavated from the next pit upstream. Sequences of pit excavation and filling winnow fines, loosen sediment, and move bed material into a tailspill mound resembling the shape of a dune. Research suggests salmonid nests (redds) destabilize streambeds by reducing friction between loosened grains and converging flow that elevates shear stress on redd topography. However, bed stability may be enhanced by form drag from redds in clusters that lower shear stress on the granular bed, but this effect will vary with the proportion of the bed surface that is occupied by redds (P). I used simulated redds and water-worked ("unspawned") beds in a laboratory flume to evaluate these competing influences on grain stability and bedload transport rates with P=0.12, 0.34, and 0.41. Results indicate that competence (largest-grain) and reference transport rate estimates of critical conditions for particle entrainment inversely relate to P. Bedload transport increased as exponential functions of P and excess boundary shear stress. Therefore, redd form drag did not overcome the destabilizing effects of spawning. Instead, grain mobility and bedload transport increased with P because larger areas of the bed were composed of relatively loose, unstable grains and redd topography that experienced elevated shear stress. Consequently, the presence of redds in fish-bearing streams likely reduces the effects of sedimentation from landscape disturbance on stream habitats that salmon use for reproduction.

Simplicispira soli sp. nov., a betaproteobacterium isolated from stream bank soil.

Science.gov (United States)

Dahal, Ram Hari; Kim, Jaisoo

2018-02-05

Two strains of soil bacteria, designated CA-16 T and CA-161, were isolated from a sample of stream bank soil near Kyonggi University. Cells were strictly aerobic, Gram-stain-negative, catalase-negative, oxidase-positive, motile, non-spore-forming and rod-shaped. Colonies on tryptone soya agar were brownish cream in colour. Tyrosine, Tween 60 and Tween 40 were hydrolysed. The indole test was positive. Malic acid, lactic acid and valeric acid were assimilated. Phylogenetic analysis based on their 16S rRNA gene sequences revealed that strains CA-16 T and CA-161 formed a lineage within the family Comamonadaceae of the class Betaproteobacteria that were distinct from various species of the genus Simplicispira. Strain CA-16 T was most closely related to Simplicispira metamorpha DSM 1837 T (97.86 % sequence similarity), Simplicispira limi EMB325 T (97.72 %), Simplicispira psychrophila DSM 11588 T (96.83 %) and Simplicispira piscis RSG39 T (96.71 %). Both strains contained Q-8 as the major isoprenoid quinone. The major polar lipids of the strains were phosphatidylglycerol, phosphatidylethanolamine and diphosphatidylglycerol. The major cellular fatty acids were summed feature 3 (C16 : 1ω7c and/or C16 : 1ω6c), C18 : 1ω7c-11methyl, C16 : 0, summed feature 8 (C18 : 1ω7c and/or C18 : 1ω6c) and C12 : 0. The DNA G+C contents of the strains were 63.9-64.4 mol%. DNA-DNA hybridization similarities between strain CA-16 T and other closest members of the genus Simplicispira ranged from 16 % to 24 %. On the basis of phenotypic, genotypic, chemotaxonomic and phylogenetic analyses, strains CA-16 T and CA-161 represent a single novel species of the genus Simplicispira, for which the name Simplicispirasoli sp. nov. is proposed. The type strain is CA-16 T (=KEMB 9005-529 T =KACC 19107 T =NBRC 112689 T ).

The Glacial and Relative Sea Level History of Southern Banks Island, NT, Canada

Science.gov (United States)

Vaughan, Jessica Megan

The mapping and dating of surficial glacial landforms and sediments across southern Banks Island document glaciation by the northwest Laurentide Ice Sheet (LIS) during the last glacial maximum. Geomorphic landforms confirm the operation of an ice stream at least 1000 m thick in Amundsen Gulf that was coalescent with thin, cold-based ice crossing the island's interior, both advancing offshore onto the polar continental shelf. Raised marine shorelines across western and southern Banks Island are barren, recording early withdrawal of the Amundsen Gulf Ice Stream prior to the resubmergence of Bering Strait and the re-entry of Pacific molluscs ~13,750 cal yr BP. This withdrawal resulted in a loss of ~60,000 km2 of ice --triggering drawdown from the primary northwest LIS divide and instigating changes in subsequent ice flow. The Jesse moraine belt on eastern Banks Island records a lateglacial stillstand and/or readvance of Laurentide ice in Prince of Wales Strait (13,750 -- 12,750 cal yr BP). Fossiliferous raised marine sediments that onlap the Jesse moraine belt constrain final deglaciation to ~12,600 cal yr BP, a minimum age for the breakup of the Amundsen Gulf Ice Stream. The investigation of a 30 m thick and 6 km wide stratigraphic sequence at Worth Point, southwest Banks Island, identifies an advance of the ancestral LIS during the Mid-Pleistocene (sensu lato), substantially diversifying the glacial record on Banks Island. Glacial ice emplaced during this advance has persisted through at least two glacial-interglacial cycles, demonstrating the resilience of circumpolar permafrost. Pervasive deformation of the stratigraphic sequence also records a detailed history of glaciotectonism in proglacial and subglacial settings that can result from interactions between cold-based ice and permafrost terrain. This newly recognized history rejects the long-established paleoenvironmental model of Worth Point that assumed a simple 'layer-cake' stratigraphy.

A novel analytical solution for estimating aquifer properties within a horizontally anisotropic aquifer bounded by a stream

Science.gov (United States)

Huang, Yibin; Zhan, Hongbin; Knappett, Peter S. K.

2018-04-01

Past studies modeling stream-aquifer interaction commonly account for vertical anisotropy in hydraulic conductivity, but rarely address horizontal anisotropy, which may exist in certain sedimentary environments. If present, horizontal anisotropy will greatly impact stream depletion and the amount of recharge a pumped aquifer captures from the river. This scenario requires a different and somewhat more sophisticated mathematical approach to model and interpret pumping test results than previous models used to describe captured recharge from rivers. In this study, a new mathematical model is developed to describe the spatiotemporal distribution of drawdown from stream-bank pumping with a well screened across a horizontally anisotropic, confined aquifer, laterally bounded by a river. This new model is used to estimate four aquifer parameters including the magnitude and directions of major and minor principal transmissivities and storativity based on the observed drawdown-time curves within a minimum of three non-collinear observation wells. In order to approve the efficacy of the new model, a MATLAB script file is programmed to conduct a four-parameter inversion to estimate the four parameters of concern. By comparing the results of analytical and numerical inversions, the accuracy of estimated results from both inversions is acceptable, but the MATLAB program sometimes becomes problematic because of the difficulty of separating the local minima from the global minima. It appears that the new analytical model of this study is applicable and robust in estimating parameter values for a horizontally anisotropic aquifer laterally bounded by a stream. Besides that, the new model calculates stream depletion rate as a function of stream-bank pumping. Unique to horizontally anisotropic and homogeneous aquifers, the stream depletion rate at any given pumping rate depends closely on the horizontal anisotropy ratio and the direction of the principle transmissivities relative to

Oblique aggradation : A novel explanation for sinuosity of low-energy streams in peat-filled valley systems

NARCIS (Netherlands)

Candel, Jasper H J; Makaske, Bart; Storms, J.E.A.; Wallinga, J.

2017-01-01

Low-energy streams in peatlands often have a high sinuosity. However, it is unknown how this sinuous planform formed, since lateral migration of the channel is hindered by relatively erosion-resistant banks. We present a conceptual model of Holocene morphodynamic evolution of a stream in a

Oblique aggradation: a novel explanation for sinuosity of low-energy streams in peat-filled valley systems

NARCIS (Netherlands)

Candel, J.H.J.; Makaske, A.; Storms, J.E.A.; Wallinga, J.

2017-01-01

Low-energy streams in peatlands often have a high sinuosity. However, it is unknown how this sinuous planform formed, since lateral migration of the channel is hindered by relatively erosion-resistant banks. We present a conceptual model of Holocene morphodynamic evolution of a stream in a

Observations of the Magellanic Stream between declinations -200 and 00

International Nuclear Information System (INIS)

Cohen, R.J.

1982-01-01

The region of the Magellanic Stream between RA 23sup(h) 00sup(m) and 00sup(h) 20sup(m) and Dec - 20 0 and 0 0 (1950) has been mapped in the 21-cm line of neutral hydrogen using the Jodrell Bank Mk II telescope (beamwidth 31 x 34 arcmin 2 ). The detection level of the measurements is 0.1 K. The Stream is much more extensive in this part of the sky than hitherto realized, and has a very complex filamentary structure. All the filaments follow a regular velocity pattern. In addition to the known gradient of velocity along the Stream there is a gradient transverse to the Stream. In this and other respects the Stream is very similar to tidal bridges and tails seen in the nearby M81 group of galaxies. (author)

A new emergency control for voltage stability utilizing the time overvoltage capability of large shunt capacitor banks

Energy Technology Data Exchange (ETDEWEB)

Taylor, Carson W; Vanleuven, Allen L; Nordstrom, Jerry M [Bonneville Power Administration, Portland, OR (United States)

1994-12-31

Electric utilities have become increasing concerned with the possibility of voltage instability and voltage collapse. Although many countermeasures are a possible, control based countermeasures are often the most cost effective. Voltage collapse is often only a threat during unusual conditions such as very high load and major outages. For these low probability conditions, low cost emergency controls may be the only cost effective countermeasures. This paper provides details on a prototype installation by the Bonneville Power Administration of a new low cost emergency control for voltage stability named CAPS (CAPacitor bank series group Shorting). (author) 6 refs., 5 figs.

A new paradigm of modern central banking

Directory of Open Access Journals (Sweden)

Aleksandra Szunke

2013-05-01

Full Text Available The changes in the modern monetary policy, which took place at the beginning of the twenty-first century, in response to the global financial crisis led to the transformation of the place and the role of central banks. The strategic aim of the central monetary institutions has become preventing financial instability. So far, central banks have defined financial stability as a public good, which took care independently of other monetary purposes (Pyka, 2010. Unconventional monetary policy resulted in changes the global central banking. The aim of the study is to identify a new paradigm of the role and place of the central bank in the financial system and its new responsibilities, aimed at countering financial instability.

Stabilization of low-level mixed waste in chemically bonded phosphate ceramics

International Nuclear Information System (INIS)

Wagh, A.S.; Singh, D.; Sarkar, A.V.

1994-06-01

Mixed waste streams, which contain both chemical and radioactive wastes, are one of the important categories of DOE waste streams needing stabilization for final disposal. Recent studies have shown that chemically bonded phosphate ceramics may have the potential for stabilizing these waste streams, particularly those containing volatiles and pyrophorics. Such waste streams cannot be stabilized by conventional thermal treatment methods such as vitrification. Phosphate ceramics may be fabricated at room temperature into durable, hard and dense materials. For this reason room-temperature-setting phosphate ceramic waste forms are being developed to stabilize these to ''problem waste streams.''

METHODS OF ANALYSIS OF THE FINANCIAL STATEMENTS OF BANKS

Directory of Open Access Journals (Sweden)

Natal’ya A Prodanova

2016-01-01

Full Text Available The article discusses the features of banking activities, objectives and functions of banks, they are fundamentally different from the activity of the company any other independent of the economic sphere, the role of credit institutions in society and the need for their existence in order to maintain the country’s economy as a whole. The author stresses that banks should not only be multi-functional and operational, but also to meet all the requirements of reliability and stability. The article provides a method for analyzing the nancial condition of banks.

Base flow-driven shifts in tropical stream temperature regimes across a mean annual rainfall gradient

Science.gov (United States)

Ayron M. Strauch; Richard A. MacKenzie; Ralph W. Tingley

2017-01-01

Climate change is expected to affect air temperature and watershed hydrology, but the degree to which these concurrent changes affect stream temperature is not well documented in the tropics. How stream temperature varies over time under changing hydrologic conditions is difficult to isolate from seasonal changes in air temperature. Groundwater and bank storage...

Financial structure, financial development and banking fragility: International evidence

OpenAIRE

Ruiz-Porras, Antonio

2008-01-01

We study the effects of financial structure and financial development on banking fragility. We develop our study by using fixed-effects panel-data regressions and by controlling the effects of certain banking indicators. We use individual and principal-components indicators of the activity, size and efficiency of intermediaries and markets. The indicators include data for 211 countries between 1990 and 2003. Our main findings suggest that banking stability is enhanced in market-based financia...

Western Balkans’ Banking Sector Performance in Terms of Macroeconomic and Bank Specific Efficiency Determinants

Directory of Open Access Journals (Sweden)

Lindita Varesi

2015-02-01

Full Text Available Main objective of this study is to analyse banking efficiency and productivity considering evidences from Western Balkan countries in pre-crisis, during and the recovery period. Referring to the historic background and the transformations suffered, the WB countries have developed bank based financial structure so the soundness of the banking sector is significantly important for the stability and progress of their economies on the long run. The problems faced by the last recession, the deteriorated macroeconomic indicators and weak, inefficient banking sector translated in slow recovery rates, encouraged this study. Prior studies have been mainly focused in causes and effects of crisis in different sectors of economies while this paper presents relations and dependencies between the macroeconomic and bank specific efficiency determinants. The methodology used is the comparison between countries and as method the financial ratio analysis, intending the presentation of trends and evaluation of changes in efficiency, profitability and performance indicators during 2000- 2007 comparing with 2008-2013. Results that the banking sector profitability indicators follow the same negative trend with the economic growth rates and the recovery rates are lower than the forecasted. The results can be used by performance monitors to better identify vulnerabilities and examine uncertainties/risks.

Government Policy and the Banking Crisis: Vindicated, Misled or Flying Blind?

OpenAIRE

Tobin, Damian; TASC

2010-01-01

Almost three years after the onset of Ireland's banking criris public disenchantment continues to increase, aggravated in part by the government's failure to provide a transparent examination for the crisis and an endless stream of revelations on the increasing cost of stabilising the banking system. The government claimed that it acted on the "best available advice" and as a consequence has been able to pin the blame for the crisis on events beyond its control. This think piece argues that t...

INFLUENCE OF THE ECONOMIC AND FINANCIAL CONDITION OF STRATEGIC SHAREHOLDERS UPON THE MARKET VALUE OF COMMERCIAL BANKS IN THE POLISH BANKING SECTOR

Directory of Open Access Journals (Sweden)

Zbigniew Korzeb

2014-08-01

Full Text Available The objective of the paper is to analyse the influence of information about economic and financial problems of strategic shareholders upon the market value of commercial banks operating in the Polish banking sector. The analysis included fourteen such cases from the years 2007-2014. The results clearly indicate that investors consider the foundations of the operation of commercial banks in Poland to be very solid. Problems of strategic shareholders led to only slight depreciation of the banks’ securities quoted at the Warsaw Stock Exchange in the period directly after publication of the information. Investors decided that problems of parent companies were unlikely to threaten the stability of banks operating in the Polish banking sector.

Carrying the (paper) burden: A portfolio view of systemic risk and optimal bank size

NARCIS (Netherlands)

Bos, J.W.B.; Lamers, M.; Purice, V.

2014-01-01

We examine the relationship between bank size and financial stability by viewing the supervisor of a banking system as an ‘investor’ holding a portfolio of banks. Based on this view, we investigate the role of large banks in determining the systemic risk in this portfolio. Our results, based on book

The Challenges of Basel III for Romanian Banking System

OpenAIRE

Anca Elena NUCU

2011-01-01

Basel III represents a fundamental review of the regulatory and supervision framework of the banking industry in the future, the aim being to strengthen the stability of the financial system. The purpose of this paper is to analyze the impact of Basel III introduction upon the banking system at European level, respectively, upon the Romanian banking system. If at European level it is estimated a substantial deficit in capital and liquidity, with major impact on profitability indicators, the i...

THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMS

OpenAIRE

Magdalena RADULESCU

2014-01-01

In the light of the current financial crisis, some deficiencies of the financial supervision system were highlighted. The former Basel II Agreement needed to be reformulated to achieve more stability of the banking systems. The new Basel III launched tight regulation regarding both banking solvency and liquidity and the leverage ratio. These regulations imply more costs for banks. Many bankers didn’t agree because of the decrease of the profitability of banks. Still, even the current crisis w...

Acoustic Streaming and Its Suppression in Inhomogeneous Fluids

DEFF Research Database (Denmark)

Karlsen, Jonas Tobias; Qiu, Wei; Augustsson, Per

2018-01-01

We present a theoretical and experimental study of boundary-driven acoustic streaming in an inhomogeneous fluid with variations in density and compressibility. In a homogeneous fluid this streaming results from dissipation in the boundary layers (Rayleigh streaming). We show...... that in an inhomogeneous fluid, an additional nondissipative force density acts on the fluid to stabilize particular inhomogeneity configurations, which markedly alters and even suppresses the streaming flows. Our theoretical and numerical analysis of the phenomenon is supported by ultrasound experiments performed...

To assess the investment policy and investment activity of banks of Russia

OpenAIRE

Mandron V.; Buzaeva O.

2016-01-01

A priority to increase the profits of banks is investment operations in the stock market. Investment banking includes activities on raising capital using capital market instruments with the objective of capital appreciation. The article describes the investment objectives of the banks to improve their profitability, financial stability and enhance the effectiveness of the whole. The basic tools that enable banks to achieve the relevant objectives: profit, risk diversification, the maintenance...

Basel III implementation: Issues and challenges for Indian banks

Directory of Open Access Journals (Sweden)

M. Jayadev

2013-06-01

Full Text Available The Basel III framework, whose main thrust has been enhancing the banking sector's safety and stability, emphasises the need to improve the quality and quantity of capital components, leverage ratio, liquidity standards, and enhanced disclosures. This article first lays the context of Basel III and then incorporates the views of senior executives of Indian banks and risk management experts on addressing the challenges of implementing the Basel III framework, especially in areas such as augmentation of capital resources, growth versus financial stability, challenges for enhanced profitability, deposit pricing, cost of credit, maintenance of liquidity standards, and strengthening of risk architecture.

BANKING SYSTEM FRAGILITY: CASE OF THE REPUBLIC OF MOLDOVA

Directory of Open Access Journals (Sweden)

Dorina CLICHICI

2014-04-01

Full Text Available The paper studied the determinants of Moldovan banking system fragility. It underlines the existing researches into the empirical determinants of banking fragility. The analysis revealed that there are numerous channels through which weaknesses within the macroeconomic conditions and structural characteristics might increase banking system fragility. The main macroeconomic determinants which may have an impact on Moldovan banking system fragility are: excessive domestic liquidity, pro-cyclical character of the banking system, dependence on remittances, financial dollarization. There are also several banking characteristics which play a role for Moldovan banking system fragility: the undermined intermediation function, high level of bad loans, uncertainties in the ownership structure, low presence of foreign strategic investors. The paper employed a quantitative, a qualitative and a comparative analysis using the financial soundness and structural indicators of the Moldovan banking system in order to assess the impact of various determinants on Moldovan banking system fragility. The results reveal a high degree of capitalization and liquidity of Moldovan banking system, factors which contribute and maintain the general stability of the entire financial system.

Credit Risk Management. A study on risk integration in the bank lending process.

NARCIS (Netherlands)

Sleddens, Linda Elsa Wilhelmina

2011-01-01

Credit risk management has been a topic much written about in the last decade. Substantial credit risk losses can undermine the stability of the bank. Both banks and national bank supervisors have realized the need to invest in credit risk management. Partly driven by regulations such as the Basel

Ferrovibrio soli sp. nov., a novel cellulolytic bacterium isolated from stream bank soil.

Science.gov (United States)

Dahal, Ram Hari; Kim, Jaisoo

2018-01-01

Two isolates of bacterial strains A15 T and A17 were isolated from stream bank soil in Kyonggi University. Cells were aerobic, Gram-stain-negative, oxidase- and catalase-positive, motile, non-spore-forming, rod-shaped, opaque, and cream coloured. Both strains hydrolysed CM-cellulose. Strains were able to grow at 20-42 °C, pH 5.5-10.0 and at 1.5 % NaCl concentration (w/v). Indole test was positive. Analyses of phylogenetic trees based on its 16S rRNA gene sequences indicated that strain A15 T formed a lineage within the family Rhodospirillaceae of the phylum Proteobacteria which was distinct from Ferrovibrio denitrificans S3 T (98.4 % sequence similarity) and Ferrovibrio xuzhouensis LM-6 T (97.4 %). The sole detected respiratory quinone was Q-10. The major polar lipids were phosphatidylethanolamine, phosphatidylglycerol and an unidentified aminolipid. The major cellular fatty acids were C19 : 0 cycloω8c, C16 : 0, summed feature 8 (C18 : 1ω7c and/or C18 : 1ω6c), C18 : 0cyclo and C12 : 0. The DNA G+C contents of strains A15 T and A17 were 63.4 and 62.9 mol%, respectively. DNA-DNA relatedness between strain A15 T and other two members of the genus Ferrovibrioranged from 25 to 37 %. The polyphasic characterization revealed strains A15 T and A17 represent a novel species in the genus Ferrovibrio, for which the name Ferrovibriosoli sp. nov. is proposed. The type strain is A15 T (=KEMB 9005-522 T =KACC 19102 T =NBRC 112682 T ).

Microscale Insight into Microbial Seed Banks.

Science.gov (United States)

Locey, Kenneth J; Fisk, Melany C; Lennon, J T

2016-01-01

Microbial dormancy leads to the emergence of seed banks in environmental, engineered, and host-associated ecosystems. These seed banks act as reservoirs of diversity that allow microbes to persist under adverse conditions, including extreme limitation of resources. While microbial seed banks may be influenced by macroscale factors, such as the supply of resources, the importance of microscale encounters between organisms and resource particles is often overlooked. We hypothesized that dimensions of spatial, trophic, and resource complexity determine rates of encounter, which in turn, drive the abundance, productivity, and size of seed banks. We tested this using >10,000 stochastic individual based models (IBMs) that simulated energetic, physiological, and ecological processes across combinations of resource, spatial, and trophic complexity. These IBMs allowed realistic dynamics and the emergence of seed banks from ecological selection on random variation in species traits. Macroscale factors like the supply and concentration of resources had little effect on resource encounter rates. In contrast, encounter rates were strongly influenced by interactions between dispersal mode and spatial structure, and also by the recalcitrance of resources. In turn, encounter rates drove abundance, productivity, and seed bank dynamics. Time series revealed that energetically costly traits can lead to large seed banks and that recalcitrant resources can lead to greater stability through the formation of seed banks and the slow consumption of resources. Our findings suggest that microbial seed banks emerge from microscale dimensions of ecological complexity and their influence on resource limitation and energetic costs.

Risk Analysis of the Romanian Banking System – an Aggregated Balance Sheet Approach

Directory of Open Access Journals (Sweden)

Eugen MITRICA

2010-12-01

Full Text Available The paper presents a risk analysis for the current Romanian banking system. The analysis is conducted from the point of view of prudential rules and also from the point of view of Romanian banking system’s exposure to foreign funds, considering the consequences of these features, concerning the soundness and reliability of the banking system. The analysis found a manageable risk level, apparently, although during 2009 and 2010 the expansion of risk indicators was accelerated, but finally, in the late 2010, there are some signs of stabilization. The exposure of Romanian banking system to foreign funds was another important risk source. The exposure to foreign funds had an important decrease during 2009, but in 2010 it seems to stabilize.

Liquidity Risk and its Management in Lithuanian Banking System

Directory of Open Access Journals (Sweden)

Erika Bareikaitė

2014-04-01

Full Text Available Banks are the main part of financial sector in each economy and strength of banking system becomes vital for ensuringfavourable economic stability and growth. Recent failure of two commercial banks in Lithuania showed that managershaven’t evaluated liquidity risk or haven’t dealt with it properly. The tasks of the paper are to investigate Lithuanian banksposition towards liquidity risk, analyse what kind of management tools banks use for ensuring favourable position towardsliquidity and to explore the liquidity influence to profitability in Lithuanian banking sector. The article examines liquidity andits management processes in Lithuanian banking sector. Description of liquidity importance is presented. Liquidity risk and itsmeasurement as well as the ways of managing the above mentioned risk is analysed in the article. In order to analyse the relationshipbetween liquidity risk and profitability of banks, analysis of scientific literature, research synthesis and generalizationshave been made.

Quality indicators for eye bank.

Science.gov (United States)

Acharya, Manisha; Biswas, Saurabh; Das, Animesh; Mathur, Umang; Dave, Abhishek; Singh, Ashok; Dubey, Suneeta

2018-03-01

The aim of this study is to identify quality indicators of the eye bank and validate their effectivity. Adverse reaction rate, discard rate, protocol deviation rate, and compliance rate were defined as Quality Indicators of the eye bank. These were identified based on definition of quality that captures two dimensions - "result quality" and "process quality." The indicators were measured and tracked as part of quality assurance (QA) program of the eye bank. Regular audits were performed to validate alignment of standard operating procedures (SOP) with regulatory and surgeon acceptance standards and alignment of activities performed in the eye bank with the SOP. Prospective study of the indicators was performed by comparing their observed values over the period 2011-2016. Adverse reaction rate decreased more than 8-fold (from 0.61% to 0.07%), discard rate decreased and stabilized at 30%, protocol deviation rate decreased from 1.05% to 0.08%, and compliance rate reported by annual quality audits improved from 59% to 96% at the same time. In effect, adverse reaction rate, discard rate, and protocol deviation rate were leading indicators, and compliance rate was the trailing indicator. These indicators fulfill an important gap in available literature on QA in eye banking. There are two ways in which these findings can be meaningful. First, eye banks which are new to quality measurement can adopt these indicators. Second, eye banks which are already deeply engaged in quality improvement can test these indicators in their eye bank, thereby incorporating them widely and improving them over time.

Determining hyporheic storage using the rSAS model in urban restored streams.

Science.gov (United States)

Stoll, E.; Putnam, S. M.; Cosans, C.; Harman, C. J.

2017-12-01

One aim of stream restoration is to increase the connectivity of the stream with the hyporheic zone, which is important for processes like denitrification. This study analyzed transects of different restoration techniques in an urban stream, Stony Run in Baltimore, Maryland. The extent of the hyporheic zone was determined using a combination of salt slug injection tracer studies to determine the breakthrough curves and the rank StorAge Selection (rSAS) model. Previous studies using salt tracer injections have often focused on the shape of the breakthrough curve and the transit time distributions of streams to infer indicies correlated with hyporheic zone storage. This study uses the rSAS model to determine the volume of storage that must be turning over to produce the breakthrough curve. This study looked at transects of two different restoration techniques, one with floodplain rehabilitation and one without. Both transects had cross vanes and pool and riffle systems and only differed in the steepness of the banks surrounding the stream. The utility and accuracy of rSAS method was found to be heavily dependent on accurate flow rates. To avoid potential skew in the results, normalized, relatively flow rate-independent metric of storage were compared among transects to reduce error resulting from the flow rate. The results suggested that stream water was retained for longer in a larger storage volume in the transect that did not have floodplain rehabilitation. When compared to the storage of a natural stream with similar geomorphologic characteristics, the restored transect without floodplain rehabilitation had a larger storage volume than the natural stream. The restored transect with floodplain rehabilitation not only had a smaller storage volume than the restored section without rehabilitation, but also had a smaller storage volume than the natural stream with similar bank slopes. This suggests that the floodplain restoration does not significantly contribute to

Titoli e attività bancaria: ponti e mura (Securities and Banking: Bridges and Walls

Directory of Open Access Journals (Sweden)

Tommaso Padoa-Schioppa

2012-04-01

Full Text Available The paper examines the relationship between banking and securities activities in the light of financial market developments (securitisation, institutionalization of investment, emergence of complex financial instruments, conglomeration and consolidation, with particular reference to Europe. The enhanced links between banking and securities businesses have generated increased and new risks to financial institutions. However, banks' stability remains crucial for the stability of the financial system as a whole, because of their unique role as provider of liquidity. The paper also addresses the implications of the banking-securities combination for regulatory and supervisory arrangements. The exporting of prudential requirements traditional in banking (such as capital ratios into the securities field, and the importing of securities regulation (such as transparency requirements into the banking sector, can be deemed mutually beneficial. As regards supervision, there is a need to monitor the continued effectiveness of the current framework. This entails strengthening co-operation both at the national level and on a cross-border basis among sectoral supervisors in the micro-prudential field, and between them and central banks in the macro-prudential field.  JEL Codes: G21, G28, G10Keywords: Bank, Banking, Financial Institution, Financial Market, Securities

Identifying the effects of parameter uncertainty on the reliability of riverbank stability modelling

Science.gov (United States)

Samadi, A.; Amiri-Tokaldany, E.; Darby, S. E.

2009-05-01

Bank retreat is a key process in fluvial dynamics affecting a wide range of physical, ecological and socioeconomic issues in the fluvial environment. To predict the undesirable effects of bank retreat and to inform effective measures to prevent it, a wide range of bank stability models have been presented in the literature. These models typically express bank stability by defining a factor of safety as the ratio of driving and resisting forces acting on the incipient failure block. These forces are affected by a range of controlling factors that include such aspects as the bank profile (bank height and angle), the geotechnical properties of the bank materials, as well as the hydrological status of the riverbanks. In this paper we evaluate the extent to which uncertainties in the parameterization of these controlling factors feed through to influence the reliability of the resulting bank stability estimate. This is achieved by employing a simple model of riverbank stability with respect to planar failure (which is the most common type of bank stability model) in a series of sensitivity tests and Monte Carlo analyses to identify, for each model parameter, the range of values that induce significant changes in the simulated factor of safety. These identified parameter value ranges are compared to empirically derived parameter uncertainties to determine whether they are likely to confound the reliability of the resulting bank stability calculations. Our results show that parameter uncertainties are typically high enough that the likelihood of generating unreliable predictions is typically very high (> ˜ 80% for predictions requiring a precision of < ± 15%). Because parameter uncertainties are derived primarily from the natural variability of the parameters, rather than measurement errors, much more careful attention should be paid to field sampling strategies, such that the parameter uncertainties and consequent prediction unreliabilities can be quantified more

Modeling Air Temperature/Water Temperature Relations Along a Small Mountain Stream Under Increasing Urban Influence

Science.gov (United States)

Fedders, E. R.; Anderson, W. P., Jr.; Hengst, A. M.; Gu, C.

2017-12-01

Boone Creek is a headwater stream of low to moderate gradient located in Boone, North Carolina, USA. Total impervious surface coverage in the 5.2 km2 catchment drained by the 1.9 km study reach increases from 13.4% in the upstream half of the reach to 24.3% in the downstream half. Other markers of urbanization, including culverting, lack of riparian shade vegetation, and bank armoring also increase downstream. Previous studies have shown the stream to be prone to temperature surges on short timescales (minutes to hours) caused by summer runoff from the urban hardscaping. This study investigates the effects of urbanization on the stream's thermal regime at daily to yearly timescales. To do this, we developed an analytical model of daily average stream temperatures based on daily average air temperatures. We utilized a two-part model comprising annual and biannual components and a daily component consisting of a 3rd-order Markov process in order to fit the thermal dynamics of our small, gaining stream. Optimizing this model at each of our study sites in each studied year (78 total site-years of data) yielded annual thermal exchange coefficients (K) for each site. These K values quantify the strength of the relationship between stream and air temperature, or inverse thermal stability. In a uniform, pristine catchment environment, K values are expected to decrease downstream as the stream gains discharge volume and, therefore, thermal inertia. Interannual average K values for our study reach, however, show an overall increase from 0.112 furthest upstream to 0.149 furthest downstream, despite a near doubling of stream discharge between these monitoring points. K values increase only slightly in the upstream, less urban, half of the reach. A line of best fit through these points on a plot of reach distance versus K value has a slope of 2E-6. But the K values of downstream, more urbanized sites increase at a rate of 2E-5 per meter of reach distance, an order of magnitude

Physical modeling of river spanning rock structures: Evaluating interstitial flow, local hydraulics, downstream scour development, and structure stability

Science.gov (United States)

Collins, K.L.; Thornton, C.I.; Mefford, B.; Holmquist-Johnson, C. L.

2009-01-01

Rock weir and ramp structures uniquely serve a necessary role in river management: to meet water deliveries in an ecologically sound manner. Uses include functioning as low head diversion dams, permitting fish passage, creating habitat diversity, and stabilizing stream banks and profiles. Existing information on design and performance of in-stream rock structures does not provide the guidance necessary to implement repeatable and sustainable construction and retrofit techniques. As widespread use of rock structures increases, the need for reliable design methods with a broad range of applicability at individual sites grows as well. Rigorous laboratory testing programs were implemented at the U.S. Bureau of Reclamation (Reclamation) and at Colorado State University (CSU) as part of a multifaceted research project focused on expanding the current knowledge base and developing design methods to improve the success rate of river spanning rock structures in meeting project goals. Physical modeling at Reclamation is being used to measure, predict, and reduce interstitial flow through rock ramps. CSU is using physical testing to quantify and predict scour development downstream of rock weirs and its impact on the stability of rock structures. ?? 2009 ASCE.

THE EUROPEAN BANKING UNION AND ROMANIA. THE IMPACT OF THE NEW EUROPEANLEGAL FRAME ON THE ROMANIAN FINANCIAL AND BANKING SYSTEM

Directory of Open Access Journals (Sweden)

Dan-Adrian Cărămidariu

2014-11-01

Full Text Available The paper studies from a legal and economical perspective the European Banking Union, the latest set of measures adopted by the European Union in order to assure the stability of Europe’s financial and banking system and to prevent future crises. At the same time, the paper analyzes the influence this new institutional and legal mechanism could have on the Romanian financial and banking system, if our country is to take part in the European Banking Union. The paper will discuss the four European legal texts, namely the EU Regulation No 575/2013 and the three directives concerning the capital requirements for the banking system, the recovery and resolution of credit institutions and the deposit guarantee schemes, which, together, set up the European Banking Union’s legal frame. Further, the paper will study the implementation and the transposition of these European provisions into national law. The study’s conclusions will take into consideration the advantages and disadvantages connected to Romania’s participation to the European Banking Union, by showing that, in the context of the introduction of the single currency, the participation to the Banking Union is a necessary exercise.

PRUDENTIAL CONSTRAINS OF BANKS LENDING ACTIVITIES AFTER FINANCIAL CRISIS

Directory of Open Access Journals (Sweden)

Roberto Ercegovac

2017-09-01

Full Text Available Both economic practice and economic theory are interested in analyzing the role of financial sector in promoting the economic development and economic growth. Commercial banks are the most important financial institutions in bank-based economies. The lending activities of commercial banks are limited by regulatory framework, management decisions and credit capacities of borrowers. Regulatory framework has been limited lending potentials of commercial banks because of capital requirements and liquidity management costs. Information asymmetry and adverse selection in decision-making enforce commercial banks to implement credit rationing process even in case of social significance of investment projects. Social responsibility of commercial banks cannot be measured according to the risk-taking activities. Banking financial intermediations have to keep the value of savings deposits under control and protect the stability of financial system. This paper will analyze the risk structure and prudential constrains of bank lending activities. To employ the credit capacity of commercial banks, it is necessary to extend guarantee schemes or promote the alternative financing opportunities in sharing the risk of accelerated growth.

Modification of meander migration by bank failures

Science.gov (United States)

Motta, D.; Langendoen, E. J.; Abad, J. D.; García, M. H.

2014-05-01

Meander migration and planform evolution depend on the resistance to erosion of the floodplain materials. To date, research to quantify meandering river adjustment has largely focused on resistance to erosion properties that vary horizontally. This paper evaluates the combined effect of horizontal and vertical floodplain material heterogeneity on meander migration by simulating fluvial erosion and cantilever and planar bank mass failure processes responsible for bank retreat. The impact of stream bank failures on meander migration is conceptualized in our RVR Meander model through a bank armoring factor associated with the dynamics of slump blocks produced by cantilever and planar failures. Simulation periods smaller than the time to cutoff are considered, such that all planform complexity is caused by bank erosion processes and floodplain heterogeneity and not by cutoff dynamics. Cantilever failure continuously affects meander migration, because it is primarily controlled by the fluvial erosion at the bank toe. Hence, it impacts migration rates and meander shapes through the horizontal and vertical distribution of erodibility of floodplain materials. Planar failures are more episodic. However, in floodplain areas characterized by less cohesive materials, they can affect meander evolution in a sustained way and produce preferential migration patterns. Model results show that besides the hydrodynamics, bed morphology and horizontal floodplain heterogeneity, floodplain stratigraphy can significantly affect meander evolution, both in terms of migration rates and planform shapes. Specifically, downstream meander migration can either increase or decrease with respect to the case of a homogeneous floodplain; lateral migration generally decreases as result of bank protection due to slump blocks; and the effect on bend skewness depends on the location and volumes of failed bank material caused by cantilever and planar failures along the bends, with possible achievement of

Consideration on the price stability – financial stability relationship in the context of financial globalization

Directory of Open Access Journals (Sweden)

Marius Apostoaie

2010-12-01

Full Text Available This study is focused upon the involvement of the central banks regarding the fulfillment of the two main objectives: price  stability and financial stability. These two key concepts are part of an old and ongoing debate that the current turmoil has revived, and that is whether monetary policy should aim, or not, at ensuring financial stability in parallel to its main objective of price stability. On both sides there are solid and well known arguments. In the beginning of the study I have  considered a literature review with regard to price and financial stability issues. After that I have tried to shed some light (from a theoretical point of view on the nature and dynamics of the fundamental interlinkages between the two aspects and there implications on the central banks and the economy. Finally I outline some general conclusions that have emerged in the present study.

CENTRAL BANK INDEPENDENCE AND INFLATION TARGETING - THE BRITISH EXPERIENCE

Directory of Open Access Journals (Sweden)

David Delia

2010-07-01

Full Text Available Known as the ‘Old Lady’ of Threadneedle Street, the Bank of England is the central bank of the United Kingdom. Founded in 1694, the Bank of England is standing at the centre of the United Kingdom’s financial system, and is committed to promoting and maintaining monetary and financial stability as its contribution to a healthy economy. In our opinion, it is very important to analyze the Bank of England’s monetary policy strategy, starting from 1992 – adoption of the inflation target and the evolution of it’s monetary policy strategy, through an important feature – delegating operational accountability regarding the monetary policy in 1997 as well as the appropriate institutional framework. More over, it is important to analyze the Bank of England’s performances before and after granting central bank independence.

Six Dimension Strategy As A Basis Of Banking Standard Contract

Directory of Open Access Journals (Sweden)

Wulanmas Frederik

2012-01-01

Full Text Available Indonesia banking based on Article 4 of Act No.10, 1998, aims at supporting the implementation of national development in order to improve equity, economic growth and national stability in the direction of improving people’s welfare. Therefore, to show how important is banking role in supporting the implementation of development, the 6 (six Strategic Dimensions as the foundation of Banking Standards Contract are: (1. Prudent Banking Supervision and Good Corporate Governance (GCG in banking activities, (2. Refunctionalization the principle of Contract Law in Banking Standards Contract, (3. Ethics Value in Business, (4. The Act No. 8, 1999 on Consumer Protection, (5. Enforcement of Human Rights Principles in banking activities, (6. Abuse of Circumstances implementations (Misbruik van Omstandigheden in banking Contract. Based on the 6 (six Strategic Dimension as the foundation of Banking Standard Contract, it will undoubtedly create justice, equity and assurance of the rights and obligations of the parties framed in the contractual and law bonds.

Acoustic Streaming and Its Suppression in Inhomogeneous Fluids.

Science.gov (United States)

Karlsen, Jonas T; Qiu, Wei; Augustsson, Per; Bruus, Henrik

2018-02-02

We present a theoretical and experimental study of boundary-driven acoustic streaming in an inhomogeneous fluid with variations in density and compressibility. In a homogeneous fluid this streaming results from dissipation in the boundary layers (Rayleigh streaming). We show that in an inhomogeneous fluid, an additional nondissipative force density acts on the fluid to stabilize particular inhomogeneity configurations, which markedly alters and even suppresses the streaming flows. Our theoretical and numerical analysis of the phenomenon is supported by ultrasound experiments performed with inhomogeneous aqueous iodixanol solutions in a glass-silicon microchip.

Grazing management effects on sediment, phosphorus, and pathogen loading of streams in cool-season grass pastures.

Science.gov (United States)

Schwarte, Kirk A; Russell, James R; Kovar, John L; Morrical, Daniel G; Ensley, Steven M; Yoon, Kyoung-Jin; Cornick, Nancy A; Cho, Yong Il

2011-01-01

Erosion and runoff from pastures may lead to degradation of surface water. A 2-yr grazing study was conducted to quantify the effects of grazing management on sediment, phosphorus (P), and pathogen loading of streams in cool-season grass pastures. Six adjoining 12.1-ha pastures bisected by a stream in central Iowa were divided into three treatments: continuous stocking with unrestricted stream access (CSU), continuous stocking with restricted stream access (CSR), and rotational stocking (RS). Rainfall simulations on stream banks resulted in greater ( CSR pastures. Bovine enterovirus was shed by an average of 24.3% of cows during the study period and was collected in the runoff of 8.3 and 16.7% of runoff simulations on bare sites in CSU pastures in June and October of 2008, respectively, and from 8.3% of runoff simulations on vegetated sites in CSU pastures in April 2009. Fecal pathogens (bovine coronavirus [BCV], bovine rotavirus group A, and O157:H7) shed or detected in runoff were almost nonexistent; only BCV was detected in feces of one cow in August of 2008. Erosion of cut-banks was the greatest contributor of sediment and P loading to the stream; contributions from surface runoff and grazing animals were considerably less and were minimized by grazing management practices that reduced congregation of cattle by pasture streams. Copyright © by the American Society of Agronomy, Crop Science Society of America, and Soil Science Society of America, Inc.

Use of computer programs STLK1 and STWT1 for analysis of stream-aquifer hydraulic interaction

Science.gov (United States)

Desimone, Leslie A.; Barlow, Paul M.

1999-01-01

Quantifying the hydraulic interaction of aquifers and streams is important in the analysis of stream base fow, flood-wave effects, and contaminant transport between surface- and ground-water systems. This report describes the use of two computer programs, STLK1 and STWT1, to analyze the hydraulic interaction of streams with confined, leaky, and water-table aquifers during periods of stream-stage fuctuations and uniform, areal recharge. The computer programs are based on analytical solutions to the ground-water-flow equation in stream-aquifer settings and calculate ground-water levels, seepage rates across the stream-aquifer boundary, and bank storage that result from arbitrarily varying stream stage or recharge. Analysis of idealized, hypothetical stream-aquifer systems is used to show how aquifer type, aquifer boundaries, and aquifer and streambank hydraulic properties affect aquifer response to stresses. Published data from alluvial and stratifed-drift aquifers in Kentucky, Massachusetts, and Iowa are used to demonstrate application of the programs to field settings. Analytical models of these three stream-aquifer systems are developed on the basis of available hydrogeologic information. Stream-stage fluctuations and recharge are applied to the systems as hydraulic stresses. The models are calibrated by matching ground-water levels calculated with computer program STLK1 or STWT1 to measured ground-water levels. The analytical models are used to estimate hydraulic properties of the aquifer, aquitard, and streambank; to evaluate hydrologic conditions in the aquifer; and to estimate seepage rates and bank-storage volumes resulting from flood waves and recharge. Analysis of field examples demonstrates the accuracy and limitations of the analytical solutions and programs when applied to actual ground-water systems and the potential uses of the analytical methods as alternatives to numerical modeling for quantifying stream-aquifer interactions.

Titoli e attività bancaria: ponti e mura (Securities and Banking: Bridges and Walls

Directory of Open Access Journals (Sweden)

Tommaso Padoa-Schioppa

2002-12-01

Full Text Available The paper examines the relationship between banking and securities activities in the light of financial market developments (securitisation, institutionalization of investment, emergence of complex financial instruments, conglomeration and consolidation, with particular reference to Europe. The enhanced links between banking and securities businesses have generated increased and new risks to financial institutions. However, banks' stability remains crucial for the stability of the financial system as a whole, because of their unique role as provider of liquidity. The paper also addresses the implications of the banking-securities combination for regulatory and supervisory arrangements. The exporting of prudential requirements traditional in banking (such as capital ratios into the securities field, and the importing of securities regulation (such as transparency requirements into the banking sector, can be deemed mutually beneficial. As regards supervision, there is a need to monitor the continued effectiveness of the current framework. This entails strengthening co-operation both at the national level and on a cross-border basis among sectoral supervisors in the micro-prudential field, and between them and central banks in the macro-prudential field.

Use of multiple dispersal pathways facilitates amphibian persistence in stream networks

Science.gov (United States)

Campbell, Grant E.H.; Nichols, J.D.; Lowe, W.H.; Fagan, W.F.

2010-01-01

Although populations of amphibians are declining worldwide, there is no evidence that salamanders occupying small streams are experiencing enigmatic declines, and populations of these species seem stable. Theory predicts that dispersal through multiple pathways can stabilize populations, preventing extinction in habitat networks. However, empirical data to support this prediction are absent for most species, especially those at risk of decline. Our mark-recapture study of stream salamanders reveals both a strong upstream bias in dispersal and a surprisingly high rate of overland dispersal to adjacent headwater streams. This evidence of route-dependent variation in dispersal rates suggests a spatial mechanism for population stability in headwater-stream salamanders. Our results link the movement behavior of stream salamanders to network topology, and they underscore the importance of identifying and protecting critical dispersal pathways when addressing region-wide population declines.

Use of multiple dispersal pathways facilitates amphibian persistence in stream networks.

Science.gov (United States)

Campbell Grant, Evan H; Nichols, James D; Lowe, Winsor H; Fagan, William F

2010-04-13

Although populations of amphibians are declining worldwide, there is no evidence that salamanders occupying small streams are experiencing enigmatic declines, and populations of these species seem stable. Theory predicts that dispersal through multiple pathways can stabilize populations, preventing extinction in habitat networks. However, empirical data to support this prediction are absent for most species, especially those at risk of decline. Our mark-recapture study of stream salamanders reveals both a strong upstream bias in dispersal and a surprisingly high rate of overland dispersal to adjacent headwater streams. This evidence of route-dependent variation in dispersal rates suggests a spatial mechanism for population stability in headwater-stream salamanders. Our results link the movement behavior of stream salamanders to network topology, and they underscore the importance of identifying and protecting critical dispersal pathways when addressing region-wide population declines.

Assessment of attenuation processes in a chlorinated ethene plume by use of stream bed Passive Flux Meters, streambed Point Velocity Probes and contaminant mass balances

Science.gov (United States)

Rønde, V.; McKnight, U. S.; Annable, M. D.; Devlin, J. F.; Cremeans, M.; Sonne, A. T.; Bjerg, P. L.

2017-12-01

Chlorinated ethenes (CE) are abundant groundwater contaminants and pose risk to both groundwater and surface water bodies, as plumes can migrate through aquifers to streams. After release to the environment, CE may undergo attenuation. The hyporheic zone is believed to enhance CE attenuation, however studies contradicting this have also been reported. Since dilution commonly reduces contaminant concentrations in streams to below quantification limits, use of mass balances along the pathway from groundwater to stream is unusual. Our study is conducted at the low-land Grindsted stream, Denmark, which is impacted by a contaminant plume. CE have been observed in the stream water; hence our study site provides an unusual opportunity to study attenuation processes in a CE plume as it migrates through the groundwater at the stream bank, through the stream bed and further to the point of fully mixed conditions in the stream. The study undertook the determination of redox conditions and CE distribution from bank to stream; streambed contaminant flux estimation using streambed Passive Flux Meters (sPFM); and quantification of streambed water fluxes using temperature profiling and streambed Point Velocity Probes (SBPVP). The advantage of the sPFM is that it directly measures the contaminant flux without the need for water samples, while the advantage of the SBPVP is its ability to measure the vertical seepage velocity without the need for additional geological parameters. Finally, a mass balance assessment along the plume pathway was conducted to account for any losses or accumulations. The results show consistencies in spatial patterns between redox conditions and extent of dechlorination; between contaminant fluxes from sPFM and concentrations from water samples; and between seepage velocities from SBPVP and temperature-based water fluxes. Mass balances and parent-metabolite compound ratios indicate limited degradation between the bank and the point of fully mixed stream

THE IMPACT OF THE BASEL III AGREEMENT ON THE BANKING SYSTEMS

Directory of Open Access Journals (Sweden)

Magdalena RADULESCU

2014-06-01

Full Text Available In the light of the current financial crisis, some deficiencies of the financial supervision system were highlighted. The former Basel II Agreement needed to be reformulated to achieve more stability of the banking systems. The new Basel III launched tight regulation regarding both banking solvency and liquidity and the leverage ratio. These regulations imply more costs for banks. Many bankers didn’t agree because of the decrease of the profitability of banks. Still, even the current crisis wasn’t surpassed yet, the financial authorities have already claimed another improved agreement Basel IV.

Impact of regulation and supervision on European banks’ stability

Directory of Open Access Journals (Sweden)

Faten Ben Bouheni

2014-03-01

Full Text Available This article applies the Generalized Method of Moments technique for dynamic panels, using bank-level data for the selected European countries over the period 2005 to 2011, to investigate the impact of regulation and supervision on risk taking. Three conclusions are reached. First, in France, Germany and UK, restriction on bank activities boosts banking stability. However, supervisors’ power and capital adequacy encourage risk taking. Second, in Italy, Greece and Spain, we find that with more supervisors’ power, largest banks tend to take greater risks and strengthening regulation and supervision weakens the bank’s stability. However, the capital requirements decrease the risk taking. Third, strengthening regulatory and supervisory framework, and compliance with Basel principles enhance financial stability in Europe. These different results between European countries show that the application of regulation and supervision depends on the monitoring mode and the rhythm of application of regulatory policies

Quality indicators for eye bank

Directory of Open Access Journals (Sweden)

Manisha Acharya

2018-01-01

Full Text Available Purpose: The aim of this study is to identify quality indicators of the eye bank and validate their effectivity. Methods: Adverse reaction rate, discard rate, protocol deviation rate, and compliance rate were defined as Quality Indicators of the eye bank. These were identified based on definition of quality that captures two dimensions – “result quality” and “process quality.” The indicators were measured and tracked as part of quality assurance (QA program of the eye bank. Regular audits were performed to validate alignment of standard operating procedures (SOP with regulatory and surgeon acceptance standards and alignment of activities performed in the eye bank with the SOP. Prospective study of the indicators was performed by comparing their observed values over the period 2011–2016. Results: Adverse reaction rate decreased more than 8-fold (from 0.61% to 0.07%, discard rate decreased and stabilized at 30%, protocol deviation rate decreased from 1.05% to 0.08%, and compliance rate reported by annual quality audits improved from 59% to 96% at the same time. In effect, adverse reaction rate, discard rate, and protocol deviation rate were leading indicators, and compliance rate was the trailing indicator. Conclusion: These indicators fulfill an important gap in available literature on QA in eye banking. There are two ways in which these findings can be meaningful. First, eye banks which are new to quality measurement can adopt these indicators. Second, eye banks which are already deeply engaged in quality improvement can test these indicators in their eye bank, thereby incorporating them widely and improving them over time.

Fractional Reserve Banking : Sebuah Representasi Ekonomi Semu (Tinjauan Ekonomi Islam)

OpenAIRE

Fathurrahman, Ayief

2012-01-01

This article tries to explain that fractional reserve banking is a system full of risks, even threatening the stability of the economy. Its implications led to many phenomena of the crisises, the most obvious exampleis the occurrence of the great depression in the 1930's. Related to this, Islam considers that fractional reserve banking is a great dengarous system, so that it has been considered contrary to the principles and values which brought by Islam. Concretely Islamic Bank offers a very...

Demonstration Erosion Control Project Monitoring Program

National Research Council Canada - National Science Library

Biedenharn, David

2000-01-01

...: stream gauging, data collection, hydraulic performance of structures, channel response, hydrology, upland watersheds, reservoir sedimentation, environmental aspects, bank stability, design tools...

PAYMENT SYSTEMS AND THE ROLE OF THE CENTRAL BANK OF ROMANIA

Directory of Open Access Journals (Sweden)

MARIA VASILESCU

2014-05-01

Full Text Available The management of payment and settlement systems is one of the traditional functions of central banks that seeks to ensure financial stability. Similar to the case of other important function, that of lender of last resort, it is wise to ask ourselves whether the central bank is the best institution to manage payment systems. Also, considering the advances in the field, some questions arise: whether or not they contributed to the reduction of systemic risk?, do they bring extra liquidity and stability of the EMU scheme?.

Transformation of the Polish Banking Sector

Directory of Open Access Journals (Sweden)

Marek Stefański

2009-07-01

Full Text Available In the post-war period the banking system in Poland underwent two important system transitions: after 1946 and after 1989. The third transformation began after May 1, 2004, but it did not have a systemic character. The Polish banking sector started to operate on the Single European Market. The first part of the paper is devoted to the problems of the banks transformations after 1989 with a special focus on the quantitative development of banks in 19892008, and on subsequent privatisation and consolidation processes. The former intensified in 19891999, and the latter in 19992002. The consolidation process was very noticeable in the sector of cooperative banks after 1994. The second part of the paper includes an economic and financial analysis of the banks. A lot of attention was paid to the liquidity of the banking sector. It was assessed as good, which was confirmed by a short-term rating of Moodys and by the Financial Stability Report 2009, published by the National Bank of Poland in June 2009. The comparison of the net profit of the banking sector in 19972008 shows its dependence on the economic situation and policy. The number of banks with capital adequacy ratio well above the minimum required by the banking supervision is rising. The financial power ratings are not favorable for the domestic banks. The third part of the paper focuses on the development directions of the Polish banking sector. It may be concluded on the basis of the analysis that privatisation and consolidation processes will be continued. They will concentrate on the capital of foreign banks already operating in Poland. As compared with individual foreign banks, the potential of the Polish banking sector is week. The fourth part of the paper focuses on the presentation Polish banking sector in the context of European Union banking sector. The paper finishes with conclusions. Generally, Polish banks have to implement a strategy to enable them to compete on the Single

Monetary policy and financial (in)stability : An integrated micro-macro approach

NARCIS (Netherlands)

De Graeve, F.; Kick, T.; Koetter, M.; DeGraeve, F.

Evidence on central banks' twin objective, monetary and financial stability, is scarce. We suggest an integrated micro macro approach with two core virtues. First, we measure financial stability directly at the bank level as the probability of distress. Second, we integrate a microeconomic hazard

Channel response in a semiarid stream to removal of tamarisk and Russian olive

Science.gov (United States)

Jaeger, Kristin L.; Wohl, Ellen

2011-02-01

We report observed short-term (3 years) channel adjustment in an incised, semiarid stream to the removal of invasive plants, tamarisk (Tamarix spp.) and Russian olive (Elaeagnus angustifolia) by (1) removing the above-ground portion of the plant (cut-stump method) and (2) removing the entire plant (whole-plant method). The stream flows through Canyon de Chelly National Monument in Arizona, USA., draining an ˜1500 km2 catchment. Average channel width is 13 m; average thalweg depth is 2-3 m, although channel banks exceed 8 m locally. Channels adjusted primarily through widening, with significantly larger changes occurring in whole-plant removal reaches; however, neither plant removal method elicited large-scale bank destabilization, and the channels remained entrenched. Particular site conditions limiting large-scale destabilization include the absence of sufficient streamflow magnitudes, the presence of clay layers at the bank toe, the remaining presence of native vegetation, and the entrenched morphology. Our findings serve as a cautionary note regarding the temporal and spatial variability in channel response to invasive plant removal and underscore the importance of considering site-specific conditions in future restoration projects that include invasive plant removal.

THE ROMANIAN BANKING SYSTEM – PAST, ACTUALITY, PERSPECTIVES

Directory of Open Access Journals (Sweden)

DAVID DELIA

2012-07-01

Full Text Available The way crossed by the Romanian banking system until the present time is one governed by profound reforms which have been made in regards to the European Union. The strategies embraced by Romanian banks, in 1990 and until the present time, are meant to develop and to improve the performances so that they can compete with European banks and they can respond in an efficient manner to the customers’ needs. The purpose of this paper is to underline the main stages of evolution of the Romanian banking system since 1990 and to lay emphasize the perspectives on its evolution in the context of the actual economic crisis. By going through the stages previously mentioned in this paper , we can see that the Romanian banking system evolved positively, from the moment of the transition to the market economy, but in order for it to be functional and to contribute to the development of the economy as a whole, aspects related to the the supervision of the financial stability should be taken into consideration and in order to assure the stability of the financial system, the increase of the administrative capacity of the Central Bank should be considered, as well as balancing the structure of the creditation process, on coins, the improvement of the banking assets’ quality, the qualitative study of the NBR’s surveillance process, managing the contagion risk, etc. In order to achieve these objectives, the documentation by the investigation of a significant volume of works has been done, by scientifically acknowledged publications, analysis being applied, by deduction method and a significant volume of quantitative information was submitted to professional judgment. Concerns regarding this subject have been found in various paper works and in specialized books. We mention here the doctoral thesis of Elena Teodorescu Georgescu “The evaluation pattern of credit institutions’ prudential surveillance efficacy”, the author of

Formation and stability of manganese-doped ZnS quantum dot monolayers determined by QCM-D and streaming potential measurements.

Science.gov (United States)

Oćwieja, Magdalena; Matras-Postołek, Katarzyna; Maciejewska-Prończuk, Julia; Morga, Maria; Adamczyk, Zbigniew; Sovinska, Svitlana; Żaba, Adam; Gajewska, Marta; Król, Tomasz; Cupiał, Klaudia; Bredol, Michael

2017-10-01

Manganese-doped ZnS quantum dots (QDs) stabilized by cysteamine hydrochloride were successfully synthesized. Their thorough physicochemical characteristics were acquired using UV-Vis absorption and photoluminescence spectroscopy, X-ray diffraction, dynamic light scattering (DLS), transmission electron microscopy (HR-TEM), energy dispersive spectroscopy (EDS) and Fourier transform infrared (FT-IR) spectroscopy. The average particle size, derived from HR-TEM, was 3.1nm, which agrees with the hydrodynamic diameter acquired by DLS, that was equal to 3-4nm, depending on ionic strength. The quantum dots also exhibited a large positive zeta potential varying between 75 and 36mV for ionic strength of 10 -4 and 10 -2 M, respectively (at pH 6.2) and an intense luminescent emission at 590nm. The quantum yield was equal to 31% and the optical band gap energy was equal to 4.26eV. The kinetics of QD monolayer formation on silica substrates (silica sensors and oxidized silicon wafers) under convection-controlled transport was quantitatively evaluated by the quartz crystal microbalance (QCM) and the streaming potential measurements. A high stability of the monolayer for ionic strength 10 -4 and 10 -2 M was confirmed in these measurements. The experimental data were adequately reflected by the extended random sequential adsorption model (eRSA). Additionally, thorough electrokinetic characteristics of the QD monolayers and their stability for various ionic strengths and pH were acquired by streaming potential measurements carried out under in situ conditions. These results were quantitatively interpreted in terms of the three-dimensional (3D) electrokinetic model that furnished bulk zeta potential of particles for high ionic strengths that is impractical by other experimental techniques. It is concluded that these results can be used for designing of biosensors of controlled monolayer structure capable to bind various ligands via covalent as well as electrostatic interactions

Banking Union- Present Stage and its Perspectives

Directory of Open Access Journals (Sweden)

Petre Prisecaru

2014-05-01

Full Text Available Banking Union is very important for financial stability of EU, for preventing any future crisis, for improving corporate governance in the banking sector, for completing the single market for financial services and for the strengthening of monetary union, for opening the way to fiscal union and to political union. There is not enough theoretical research in the field of banking union, but there are many recent contributions on behalf of foreign and Romanian experts and analysts, which refer mainly to the three components/pillars of EU banking union: a Single Supervision Mechanism (SSM, a Single Resolution Mechanism (SRM and an harmonized system of deposit guarantee schemes. Some micro studies and surveys carried out by prestigious institutions, like Deutsche Bank, Brookings Institution, CEPS have been run over and analyzed together with the positions and opinions of different European officials, and also with the content of EU secondary legislation. An empirical research was made with the aim to identify all essential aspects relating to EU banking union, which may concern the academics, researchers and business community. The paper is based on a previous research study coordinated by author and contains his own conclusions focused on the main arguments in favour of banking union.

Analysis and Design of Offset QPSK Using Redundant Filter Banks

International Nuclear Information System (INIS)

Fernandez-Vazquez, Alfonso; Jovanovic-Dolecek, Gordana

2013-01-01

This paper considers the analysis and design of OQPSK digital modulation. We first establish the discrete time formulation, which allows us to find the equivalent redundant filter banks. It is well known that redundant filter banks are related with redundant transformation of the Frame theory. According to the Frame theory, the redundant transformations and corresponding representations are not unique. In this way, we show that the solution to the pulse shaping problem is not unique. Then we use this property to minimize the effect of the channel noise in the reconstructed symbol stream. We evaluate the performance of the digital communication using numerical examples.

Impact of stream restoration on flood waves

Science.gov (United States)

Sholtes, J.; Doyle, M.

2008-12-01

Restoration of channelized or incised streams has the potential to reduce downstream flooding via storing and dissipating the energy of flood waves. Restoration design elements such as restoring meanders, reducing slope, restoring floodplain connectivity, re-introducing in-channel woody debris, and re-vegetating banks and the floodplain have the capacity to attenuate flood waves via energy dissipation and channel and floodplain storage. Flood discharge hydrographs measured up and downstream of several restored reaches of varying stream order and located in both urban and rural catchments are coupled with direct measurements of stream roughness at various stages to directly measure changes to peak discharge, flood wave celerity, and dispersion. A one-dimensional unsteady flow routing model, HEC-RAS, is calibrated and used to compare attenuation characteristics between pre and post restoration conditions. Modeled sensitivity results indicate that a restoration project placed on a smaller order stream demonstrates the highest relative reduction in peak discharge of routed flood waves compared to one of equal length on a higher order stream. Reductions in bed slope, extensions in channel length, and increases in channel and floodplain roughness follow restoration placement with the watershed in relative importance. By better understanding how design, scale, and location of restored reaches within a catchment hydraulically impact flood flows, this study contributes both to restoration design and site decision making. It also quantifies the effect of reach scale stream restoration on flood wave attenuation.

Defense Waste Processing Facility Recycle Stream Evaporation

International Nuclear Information System (INIS)

STONE, MICHAEL

2006-01-01

The Defense Waste Processing Facility (DWPF) at the Savannah River Site (SRS) stabilizes high level radioactive waste (HLW) by vitrification of the waste slurries. DWPF currently produces approximately five gallons of dilute recycle for each gallon of waste vitrified. This recycle stream is currently sent to the HLW tank farm at SRS where it is processed through the HLW evaporators with the concentrate eventually sent back to the DWPF for stabilization. Limitations of the HLW evaporators and storage space constraints in the tank farm have the potential to impact the operation of the DWPF and could limit the rate that HLW is stabilized. After an evaluation of various alternatives, installation of a dedicated evaporator for the DWPF recycle stream was selected for further evaluation. The recycle stream consists primarily of process condensates from the pretreatment and vitrification processes. Other recycle streams consist of process samples, sample line flushes, sump flushes, and cleaning solutions from the decontamination and filter dissolution processes. The condensate from the vitrification process contains some species, such as sulfate, that are not appreciably volatile at low temperature and could accumulate in the system if 100% of the evaporator concentrate was returned to DWPF. These species are currently removed as required by solids washing in the tank farm. The cleaning solutions are much higher in solids content than the other streams and are generated 5-6 times per year. The proposed evaporator would be required to concentrate the recycle stream by a factor of 30 to allow the concentrate to be recycled directly to the DWPF process, with a purge stream sent to the tank farm as required to prevent buildup of sulfate and similar species in the process. The overheads are required to meet stringent constraints to allow the condensate to be sent directly to an effluent treatment plant. The proposed evaporator would nearly de-couple the DWPF process from the

IMPLICATIONS OF CROSS-BORDER MERGERS AND ACQUISITIONS IN THE POLISH BANKING SECTOR IN THE CONTEXT OF THE GLOBAL FINANCIAL CRISIS

Directory of Open Access Journals (Sweden)

ZBIGNIEW KORZEB

2010-01-01

Full Text Available The article presents the implications of the global financial crisis upon the Polish banking sector, formed under the influence of cross-border mergers and acquisitions. It illustrates the consequences of financial problems of foreign strategic shareholders in banks operating in Poland upon the stability of the entire banking system. It presents the proposed future directions of action to protect the stability of the banking system. It seems that in the case of a banking system as special as the Polish one, the key role will belong to the quality of the three main pillars of control over the work of banks: supervisory institutions, market discipline an corporate governance.

FEATURES OF APPROACHES FOR DETERMINATION AND ESTIMATION OF PAYMENT CAPACITY AND LIQUIDITY OF BANKING INSTITUTIONS

Directory of Open Access Journals (Sweden)

Sidorchuk Yana

2018-01-01

Full Text Available Introduction. Today one of the most important tasks of a commercial bank is to ensure its financial stability. The external appearance of financial stability of the banking institution is its solvency and liquidity. If a banking institution works at a loss, it leads to a reduction in its solvency, which automatically undermines the reputation and interest of the clients. Therefore, the reduction of liquidity and solvency in the condition of loss-making activities threatens the existence of a banking institution, which reflecting the relevance and importance of studying this problem. Purpose. The main purpose of the article is to study the essence of the concept of “solvency” and “liquidity”, to identify the relationship and differences between these concepts, as well as study solvency and liquidity standards. Results. One of the important indicators that characterizes the financial stability of commercial banks is solvency and liquidity, which they reflect the ability of banking institutions to ensure the timely fulfillment of their monetary obligations. The article deals with the concept of solvency and liquidity, the differences between these concepts are investigated. The generalization of the essence of the terms “solvency” and “liquidity” is carried out on the basis of researches of various scholars. Also, the economic standards set by the National Bank of Ukraine were considered in order to protect the interests of clients and ensure the financial reliability of banking institutions. Conclusions. After considering the concept of solvency and liquidity of the banking institution, we can say that they are very close and mean the ability of the bank to fulfill its financial obligations, but nevertheless the category of liquidity is more spacious, and its degree depends on solvency. Another difference between these concepts is that liquidity support is a matter for the bank itself and it chooses the ways of its support at the

ROLE OF DEPOSIT POLICY FOR UKRAINIAN BANKING INSTITUTIONS

Directory of Open Access Journals (Sweden)

Nadezhda Bova

2015-11-01

Full Text Available The purpose of the paper is to define and demonstrate the role of deposit policy for banking institutions, summarize and highlight the problems and its solutions in deposit policy of Ukraine that provides economic downturn and recovery. Appropriate selection and implementation of the deposit policy objectives, its operational structure and tools determines the degree of development of financial inclusion, which generate developed financial market, ensures public confidence to the deposit services, and increases the level of savings that positively affects the banking system financial stability and economy in the country in whole. It is because of availability and security deposit services, commercial banks of Ukraine have the opportunity to increase its resource base due to savings of the population. Methodology. The paper is based on a synthesis of data to explore the bank deposit policy situation. The paper considers the scientific and theoretical approaches for the developing the deposit policy management. It contains the analysis of the dynamics and current situation and conditions of the resource potential of banking institutions in Ukraine. Results of the article shows direct dependency between savings, consumption and deposit policy, therefore every banking institution includes the mechanism of banking management of the development and implementation of deposit policy. Also, this management defines the deposit policy directions according to the conditions of bank resources mobilization and its applying in active operations. The obtained results confirm that the term “deposit policy” is too complex, but it is investigated in interaction with banking activity. It is explained how deposit policy influences banking system and has impact on economic growth in general. Practical implications. The research creates methodological approaches to the measurement of effectiveness of deposit policy. Also, it studies the existing ones. It provides

Environmental characteristics of Carza (Italy) freshwater stream in spring-summer 1991. Caratteristiche ambientali del torrente Carza (FI) nella primavera-estate 1991

Energy Technology Data Exchange (ETDEWEB)

Del Guasta, M.; Marcuzzi, N. (Consiglio Nazionale delle Ricerche, Florence (Italy). Ist. di Ricerca sulle Onde Elettromagnetiche)

1993-09-01

A map of biological quality of the Carza freshwater stream (FI) was produced using the E.B.I. (Extended Biotic Index) method, together with flow and oxygen analysis. Results are correlated with an ecological index of quality of tree vegetation of banks and with stream shading. An attempt was carried out to correlate the territory of the dipper bird (Cinclus cinclus) with E.B.I. and the other factors. Results show a good correlation between E.B.I. and dissolved oxygen but a scarce correlation with factors connected to the ecological quality of the banks. It is suggested to search new freshwater quality indexes, more sensitive to bank conditions. The authors suggest not to use the plecoptera Leuctra nigra as a quality indicator in the E.B.I. method.

Non-uniform groundwater discharge across a stream bed: Heat as a tracer

DEFF Research Database (Denmark)

Jensen, Jannick Kolbjørn; Engesgaard, Peter Knudegaard

2011-01-01

Time series analysis of conO nuous streambed temperature during a period of 47 d revealed that discharge to a stream is nonuniform, with strongly increasing verO cal fl uxes throughout the top 20 cm of the streambed–aquifer interface. An analyO cal soluO on to the transient heat transport equa...... near the streambed. Seepage meter measurements in the middle of the stream oO en resulted in highly variable fl ux esO - mates, which could have been caused by hyporheic fl ow due to the presence of a gravel layer. Discharge and recharge to the stream at the bank near the meadow was relaO vely steady...

Risk of Debt-Based Financing in Indonesian Islamic Banking

Directory of Open Access Journals (Sweden)

Kharisya Ayu Effendi

2017-05-01

Full Text Available The purpose of this study is to know the risk of debt-based financing in Islamic banking in Indonesia by using an accounting based calculation, those are NPF analysis, Credit risk Z-score and Altman Z-score. This study is telling about the risk of debt-based finacing on Indonesian Islamic banking using an accounting based measurement, those are NPF analysis, Credit Risk Z-score analysis and Altman Z-score analysis. The data was obtained from 2011 to 2015 from the website of each bank. The result is a risk on debt-based financing on Indonesian Islamic banking is low. The measurement using 3 accounting based measurement tool gives a consistent result, that is Indonesian Islamic banking use a debt-based financing have a high financial stability and a low risk.DOI: 10.15408/aiq.v9i2.4821

IMPLICATIONS OF BANKING SUPERVISION ACROSS THE EUROPEAN MONETARY UNION, A SOVEREIGN DEBT CRISIS UPDATE

Directory of Open Access Journals (Sweden)

Simona Elena IAGAR

2015-09-01

Full Text Available The current paper analyses the latest measures taken by the main European governing bodies with regard to the banking supervision across the European Monetary Union (EMU following the ‘sovereign debt crisis’ phenomenon and its continuing effects throughout the Euro zone for the last five years. Officially preaching financial integration in order to ensure stability of the European banking system, most often the European governing bodies amplify the exact phenomena they expect to reduce doing more harm to both creditors and depositors and ultimately leading to a more fragile business banking environment. The importance of banks is acknowledged at European institutional level as main channel through which the monetary policy is triggered across EMU, therefore active measures have been taken in this regard. Questioning the extent to which these measures are legitimate and meet the purposes that they claim, constitutes the aim of the present paper. Another close linked purpose is a better understanding of what stability means, why it is important and what makes stability occur in a banking system. Having understood and set the theoretical grounds, it therefore follows easily to analyse through this glance the latest actions pursued by the European financial governing bodies focusing on the ones addressing supervision of the banking sector within EMU. The paper concludes and provides a set of recommendations by reminding the nature and role of banks for the real economy, the same objective the European financial governing bodies’ target, but which they consistently fail to meet.

The Challenges of Basel III for Romanian Banking System

Directory of Open Access Journals (Sweden)

Anca Elena NUCU

2011-12-01

Full Text Available Basel III represents a fundamental review of the regulatory and supervision framework of the banking industry in the future, the aim being to strengthen the stability of the financial system. The purpose of this paper is to analyze the impact of Basel III introduction upon the banking system at European level, respectively, upon the Romanian banking system. If at European level it is estimated a substantial deficit in capital and liquidity, with major impact on profitability indicators, the impact of Basel III upon banking system in Romania is considered to be limited. The measures which credit institutions could take to mitigate the impact of alignment with the new standards are business model adjustment and balance sheet restructuring.

Are Banks Passive Liquidity Backstops? Deposit Rates and Flows during the 2007-2009 Crisis

OpenAIRE

Viral V. Acharya; Nada Mora

2012-01-01

Can banks maintain their advantage as liquidity providers when they are heavily exposed to a financial crisis? The standard argument - that banks can - hinges on deposit inflows that are seeking a safe haven and provide banks with a natural hedge to fund drawn credit lines and other commitments. We shed new light on this issue by studying the behavior of bank deposit rates and inflows during the 2007-09 crisis. Our results indicate that the role of the banking system as a stabilizing liquidit...

Stream network responses to evapotranspiration in mountain systems: evidence from spatially-distributed network mapping and sapflow measurements

Science.gov (United States)

Godsey, S.; Whiting, J. A.; Reinhardt, K.

2015-12-01

Stream networks respond to decreased inputs by shrinking from their headwaters and disconnecting along their length. Both the relative stability of the stream network and the degree of disconnection along the network length can strongly affect stream ecology, including fish migration and nutrient spiraling. Previous data suggests that stream network lengths decrease measurably as discharge decreases, and that evapotranspiration may be an important control on stream network persistence. We hypothesized that changes in sapflow timing and magnitude across a gradient from rain-dominated to snow-dominated elevations would be reflected in the stability of the stream network in a steep watershed draining to the Middle Fork Salmon in central Idaho. We expected that the relative timing of water availability across the gradient would drive differences in water delivery to both trees and the stream network. Here we present results that highlight the stability of sapflow timing across the gradient and persistence of the stream network at this site. We discuss geologic controls on network stability and present a conceptual framework identifying characteristics of stable flowheads. We test this framework at four sites in central Idaho with mapped stream networks. We also discuss late summer sapflow patterns across the elevation gradient and their linkages to soil and atmospheric characteristics. Finally, we compare these patterns to those observed at other sites and discuss the role of vegetation in controlling spatiotemporal patterns across the stream network.

The Role of Structural Funding for Stability in the German Banking Sector

OpenAIRE

Schupp, Fabian; Silbermann, Leonid

2017-01-01

We analyze whether, and if so by how much, stable funding would have contributed to the financial soundness of German banks in the time period between 1995 and 2013, before the Basel III liquidity regulation to address excessive maturity mismatches in the wake of the financial crisis via the Net Stable Funding Ratio can be expected to have been fully implemented. Using a dataset that contains information on critical events of German banks, we find that financing loans using fewer customer dep...

Business Process Reengineering Of Funding On Indonesia’s Islamic Banks

Directory of Open Access Journals (Sweden)

Aslam Mei Nur Widigdo

2016-02-01

Full Text Available This research attempts to analyze the value chain of Islamic banking business processes and to develop a business processes model on depositors’ funds in order to improve the performance of Islamic banks. Four models of Islamic banking operating in Indonesia are used as the objects of the study. This research applies qualitative study (exploratory approach and utilizes primary data obtained from questionnaire and interviews. This data are then processed by value stream mapping and process activity mapping. This study shows that the waiting time for services is the sub-stage of business process that does not have value added and categorized as pure waste based on VSM criteria.The reengineering of business process of the third party fundraising may reduce collection time up to 1490 minutes for corporate customer and 22 minutes for individual customer.DOI: 10.15408/aiq.v8i1.2506

DEPOSIT INSURANCE SYSTEM: AN EXPOSITION FOR THE ISLAMIC BANKS IN MALAYSIA

OpenAIRE

Abdullah, Sharifah Adlina Syed; Ahmad, Rubi

2012-01-01

An important aspect of the new financial landscape is the increased focus on financial stability. A deposit insurance (DI) system accomplishes this purpose. While there are a great number of earlier studies that analyze the impact of DI on the conventional banking system, there is a lack of study that takes into account the moral hazard problem of DI on the Islamic banking system. Our paper aims to investigate the moral hazard implication by way of bank risk taking trailing the introduc...

The Impact of Internal Factors on Bank Profitability in Kosovo

Directory of Open Access Journals (Sweden)

Leonora Haliti Rudhani

2016-02-01

Full Text Available Commercial banks play an important role in the economic development and financial stability; therefore this study investigated the influence of internal factors in the profitability of commercial banks in Kosovo. Based on the literature review, a crucial internal factor on the profitability of banks in Kosovo was deemed: the repayment of assets (ROA as a measure of profitability influenced by other independent variables, such as: bank size, capital adequacy, loan and liquidity risk. The aim of this study is to investigate the empirical relation between internal factors determining bank profitability and profitability as a dependent variable. The empirical analysis is based on the data of commercial banks in Kosovo published in the period 2010-2014. The data were analysed with SPSS 21 version, and the hypotheses were tested by means of correlation and linear regression. The findings of the study proved that commercial banks in Kosovo could enlarge their profitability by increasing the level of bank loaning and other investments, except for managing risk and liquidity properly.

Determining Factors of Deposit Level of Islamic Bank in Indonesia

Directory of Open Access Journals (Sweden)

Sofyan Baehaqie

2017-05-01

Full Text Available One Way to maintain the stability of banking industry is by applying the deposit insurance scheme. The application of the deposit insurance scheme has an impact by increasing the level of bank deposits. The objectives of the research are to identify the factors affecting the level of deposits of Islamic banks in Indonesia and managerial implications regarding to the functions of Indonesia Deposit Insurance Corporation (LPS. The technique used is the panel data regression with fixed effect model using the data from the 11 Islamic banks for the period of 2011 -2015. The results show that the factors affecting the level of deposits of the Islamic banks in Indonesia significantly and positively include the size of banks and their non-performing financing (NPF; however, they influence the capital negatively. Based on these results, LPS is required to build or sharpen the surveillance systems as part of its early detection by doing the mapping based on the size and to monitor the bank capital structure and bank finance portfolio structure.DOI: 10.15408/aiq.v9i2.5156

The control function of the National Bank of Serbia

Directory of Open Access Journals (Sweden)

Golubović Srđan

2016-01-01

Full Text Available The functioning of a modern economy cannot be conceived without activities of banks and non-banking financial institutions. As financial intermediaries, these institutions issue various financial instruments to mobilize and further allocate free financial funds in appropriate financial investments. By performing this function, financial institutions concurrently affect economic activity, economic structure, employment and macroeconomic stability. Due to their importance for economic relations in any country, most countries prescribe very strict requirements that must be fulfilled in order for an organization to perform financial intermediation activities. These conditions are most often related to the specific requirements regarding activities of financial institutions and their establishment, balance sheet, and requirements in terms of capital adequacy. An integral part of the financial sector regulation is definition of the prudential supervision framework (an effective system of supervision, precisely defined competences of the bodies involved in the supervision, their operational independence, transparency, proceedings for the control of solvency and legality of financial institutions' activities and the implementation of corrective and coercive measures. The paper analyzes the control function of the National Bank of Serbia which, in addition to monitoring and controlling the banking sector, exercises the supervision and control of non-banking financial institutions. The analysis of this issue aims to highlight the importance of the financial institutions' control for curtailing the excessive risk-taking practices by financial institutions, minimizing of systemic risk, and strengthening and preserving the financial system stability.

Process of Internationalization in Islamic Banking: The Case of Serbia

Directory of Open Access Journals (Sweden)

Aida Hanić

2017-12-01

Full Text Available Islamic banks are financial institutions operating in accordance with religious Islamic law (Sharia. Although it is familiar as non interest banking, because the interest is forbidden, Islamic banking represents a complete set of moral and ethical activities that must be taken into account when making investment decisions and financing business activities. Share of Islamic banking in Islamic finance is around 80% with the value of approximately $ 1.57 trillion by the end of 2015 (IFSI Stability Report 2016. Islamic banking in Western Balkan is present only in Bosnia and Herzegovina (B&H that has one Islamic bank, Bosna Bank International (BBI established in 2000. Serbia, as a country that has attracted many Arab investors, doesn’t have any Islamic bank operating in the country. The aim of this research is to explore is there a public interest in Islamic banking, especially among the commercial banks in Serbia and are there possibilities for development of Islamic banking in this country. To explore these two main questions, author conducted a research by using a questionnaire among the chairmen and members of the administrative Board of 12 commercial banks in Serbia. The result of the research show that commercial banks in Serbia are not interested in this type of a banking activity. On the other hand they are also not sufficiently familiar with the concept of Islamic banking. The research showed that process of internationalization of Islamic banking is not present in Serbia.

Is Trust in Banks in Slovenia Put to the Test?

Directory of Open Access Journals (Sweden)

Taškar Beloglavec Sabina

2015-06-01

Full Text Available The question of the banking system’s stability in connection to trust since the 2008 crisis has been the subject of many debates seeking to find permanent solutions to banking system problems, as the current situation affects bank customers’ behavior. This article examined trust in banks during the financial crisis and offers, via demographic variables, explanations as tow whether or not customers tend to withdraw their deposits during a crisis. The results contribute to banks’ decision-making regarding deposits management and understanding customers’ behavior, especially during a crisis. The results show a negative relationship between trust and deposit withdrawal intention, where gender and education level play an important role.

Sediment transport and channel morphology of small, forested streams.

Science.gov (United States)

Marwan A. Hassan; Michael Church; Thomas E. Lisle; Francesco Brardinoni; Lee Benda; Gordon E. Grant

2005-01-01

This paper reviews sediment transport and channel morphology in small, forested streams in the Pacific Northwest region of North America to assess current knowledge of channel stability and morphology relevant to riparian management practices around small streams. Small channels are defined as ones in which morphology and hydraulics may be significantly influenced by...

Methods of Payment to Banks: e-Banking. Comparative Study on Three Banks

Directory of Open Access Journals (Sweden)

Miranda Petronella VLAD

2012-11-01

Full Text Available E-banking website, majority offers the banks. At first it was electronic-banking, Internet-banking followed, followed by mobile-banking service. These services offer the same facilities, Customer Bank just that varies the channel used for communication with the Bank. The services offered by banks through E-banking, approves: compilation of orders; scheduled payments; orders for payment of wages; internal transfers; pay rates on internal or external; currency exchanges; view balances of accounts at any time; information about foreign exchange rates; view and print account statements; the definition of beneficiaries of direct payments by the client.

ONLINE BANKING IN THE ROMANIAN BANKING SYSTEM

OpenAIRE

IMOLA DRIGĂ

2014-01-01

In the world of banking, the development of IT has a huge effect on development of more flexible payments methods and more user-friendly banking services. Recently, modern electronic banking services, internet and mobile banking, have rejuvenated banking transactions. Electronic banking over the Internet is one of the newest e-banking services with several benefits both for banks and for customers. The paper aims to provide an overview of online banking services highlighting various aspect...

River banks and channel axis curvature: Effects on the longitudinal dispersion in alluvial rivers

Science.gov (United States)

Lanzoni, Stefano; Ferdousi, Amena; Tambroni, Nicoletta

2018-03-01

The fate and transport of soluble contaminants released in natural streams are strongly dependent on the spatial variations of the flow field and of the bed topography. These variations are essentially related to the presence of the channel banks and to the planform configuration of the channel. Large velocity gradients arise near to the channel banks, where the flow depth decreases to zero. Moreover, single thread alluvial rivers are seldom straight, and usually exhibit meandering planforms and a bed topography that deviates from the plane configuration. Channel axis curvature and movable bed deformations drive secondary helical currents which enhance both cross sectional velocity gradients and transverse mixing, thus crucially influencing longitudinal dispersion. The present contribution sets up a rational framework which, assuming mild sloping banks and taking advantage of the weakly meandering character often exhibited by natural streams, leads to an analytical estimate of the contribution to longitudinal dispersion associated with spatial non-uniformities of the flow field. The resulting relationship stems from a physics-based modeling of the flow in natural rivers, and expresses the bend averaged longitudinal dispersion coefficient as a function of the relevant hydraulic and morphologic parameters. The treatment of the problem is river specific, since it relies on an explicit spatial description, although linearized, of the flow field that establishes in the investigated river. Comparison with field data available from tracer tests supports the robustness of the proposed framework, given also the complexity of the processes that affect dispersion dynamics in real streams.

12 CFR 619.9140 - Farm Credit bank(s).

Science.gov (United States)

2010-01-01

... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Farm Credit bank(s). 619.9140 Section 619.9140 Banks and Banking FARM CREDIT ADMINISTRATION FARM CREDIT SYSTEM DEFINITIONS § 619.9140 Farm Credit bank(s). Except as otherwise defined, the term Farm Credit bank(s) includes Farm Credit Banks...

ONLINE BANKING IN THE ROMANIAN BANKING SYSTEM

Directory of Open Access Journals (Sweden)

IMOLA DRIGĂ

2014-12-01

Full Text Available In the world of banking, the development of IT has a huge effect on development of more flexible payments methods and more user-friendly banking services. Recently, modern electronic banking services, internet and mobile banking, have rejuvenated banking transactions. Electronic banking over the Internet is one of the newest e-banking services with several benefits both for banks and for customers. The paper aims to provide an overview of online banking services highlighting various aspects globally as well as in the Romanian banking system. Even if there already are several studies on web banking, this topic still remains a resourceful area for academic research in the next decade.

THE DETERMINANTS OF BANKING SYSTEM VULNERABILITY IN THE REPUBLIC OF MOLDOVA

Directory of Open Access Journals (Sweden)

Dorina CLICHICI

2013-12-01

Full Text Available A banking system is more vulnerable when there are felt more negative effects on this as a consequence of the global financial crisis events. In the context of the objective of enhancing financial stability and, in particular, limiting the likelihood of failure of the banking system it is useful to verify how the main characteristics which play a role for banking system vulnerability behaved in the case of the Republic of Moldova: system’s liquidity, capitalization, competition, diversification, presence of foreign banks, and wholesale funding. In order to determine how hard was hit the banking system of Moldova by the recent financial crisis in the article are analyzed quantitative and qualitative the above mentioned characteristics and identified the crisis effects on them.

Dispersal of plant fragments in small streams

DEFF Research Database (Denmark)

Riis, T.; Sand-Jensen, K.

2006-01-01

1. Streams are subject to frequent natural and anthropogenic disturbances that cause sediment erosion and loss of submerged vegetation. This loss makes downstream transport and retention of vegetative propagules on the streambed very important for re-establishing vegetation cover. We measured...... with the relative contact between the flowing water and streambed, bank and vegetation. Thus, the retention coefficients were highest (0.02-0.12 m-1) in shallow reaches with a narrow, vegetation-free flow channel. Here there were no significant differences between E. canadensis and R. peltatus. Retention...... coefficients were lowest (0.0005-0.0135 m-1) in deeper reaches with wider vegetation-free flow channels. Retention of E. canadensis was up to 16 times more likely than retention of R. peltatus. 5. Overall, the longitudinal position in the stream system of source populations of species capable of producing...

StreamSqueeze: a dynamic stream visualization for monitoring of event data

Science.gov (United States)

Mansmann, Florian; Krstajic, Milos; Fischer, Fabian; Bertini, Enrico

2012-01-01

While in clear-cut situations automated analytical solution for data streams are already in place, only few visual approaches have been proposed in the literature for exploratory analysis tasks on dynamic information. However, due to the competitive or security-related advantages that real-time information gives in domains such as finance, business or networking, we are convinced that there is a need for exploratory visualization tools for data streams. Under the conditions that new events have higher relevance and that smooth transitions enable traceability of items, we propose a novel dynamic stream visualization called StreamSqueeze. In this technique the degree of interest of recent items is expressed through an increase in size and thus recent events can be shown with more details. The technique has two main benefits: First, the layout algorithm arranges items in several lists of various sizes and optimizes the positions within each list so that the transition of an item from one list to the other triggers least visual changes. Second, the animation scheme ensures that for 50 percent of the time an item has a static screen position where reading is most effective and then continuously shrinks and moves to the its next static position in the subsequent list. To demonstrate the capability of our technique, we apply it to large and high-frequency news and syslog streams and show how it maintains optimal stability of the layout under the conditions given above.

Relationship Banking in Labor Bank

OpenAIRE

三村, 聡

2012-01-01

As Labor bank is seemed as business partner of labor union, it contributes each community activities. For example, Labor bank helps retired employee, laborer and inhabitants. In addition, after the amendment of Money Lending Business Act of 2010, labor bank became clearly community based bank by consulting for heavily-indebted people and their education. This paper analyzes the new role of labor bank such as community contribution and enhancing financing service by collecting of the opinion o...

Normy ostrożnościowe oraz działania antykryzysowe instytucji bezpieczeństwa finansowego a aktywność kredytowa banków

OpenAIRE

Stawska, Joanna

2010-01-01

Properly established laws and banking regulations are important for the stability of the financial system, which is the basis for economic growth in the country. In terms of financial stability, banks generally increase their activity credit supplying the economy in money needed to stimulate investment and consequently to economic growth. This article aims to present how important the relevant banking regulations, especially prudential standards for banks to stimulate lending activity, whi...

THE PERFORMANCE OF GLOBAL BANKS IN THEIR CROSS-BORDER ACTIVITY

Directory of Open Access Journals (Sweden)

Andreea POPOVICI

2015-04-01

Full Text Available The crisis that affected the global financial stability and the economy in 2007-09 has reinforced the need to rethink some of the approaches adopted by the financial community in assessing banks’ performance. The aim of this paper is to see if global banks improve their performance due to their cross-border activity, whether we speak about mergers or acquisitions of local banks or we speak about other ways a global bank begins the activity in a different country. As methodology, we will analyze the dynamic of ROAA and ROAE during 2006-2013 in the case of two global banks, Société Générale and Erste Group, and their branches in countries from Central and Eastern Europe. At the end of the paper, we will compare the results for each big bank and their branches.

Magnetic propulsion of intense lithium streams in a tokamak magnetic field

International Nuclear Information System (INIS)

Zakharov, Leonid E.

2003-01-01

This paper describes the effect and gives the theory of magnetic propulsion which allows driving free surface plasma facing liquid lithium streams in tokamaks. In the approximation of a thin flowing layer the MHD equations are reduced to one integrodifferential equation which takes into account the propulsion effect, viscosity, and the drag force due to magnetic pumping and other interactions with the magnetic field. A stability criterion is obtained for stabilization of the 'sausage' instability of the streams by centrifugal force

Dividend Performance in the United Arab Emirates Banking Sector

Directory of Open Access Journals (Sweden)

Mukdad Ibrahim

2016-10-01

Full Text Available The purpose of this study was to analyze the dividend performance of eight UAE based banks between the years 2001 and 2005. The analysis was undertaken by examining three sets of financial ratios that are routinely used to measure bank dividend performance. The main ratios that were employed put a particular focus on the banks’ ability to pay dividends in relation to market value of its share, earnings and ability to cover the payments. Descriptive statistical analysis was used to rank the performance, measuring the dispersion and the stability-variability of the indicators. Conclusions were then drawn from the computation of the descriptive analysis of ratios that allowed the author to make an effective comparison of said banks. This type of analysis was used to summarize the performance of each bank based on three criteria, mean, standard deviation and coefficient of variation of each banks performance. The findings showed that eight banks performed reasonably well during the period studied, but have different strategies in paying their dividends across the years under study. The analysis reveals that these banks have been affected by both internal and external factors.

Financial Stability in European Banking: The Role of Common Factors

NARCIS (Netherlands)

Kool, C.J.M.

In this paper, I investigate the development and determinants of CDS spreads for 18 major European banks between December 2001 and January 2004 applying factor analysis to daily data. Two clear-cut conclusions can be drawn. First, the dominating first common factor that explains 88 percent of all

The Structural Reform for EU Banks:Does It Works

DEFF Research Database (Denmark)

Hu, Chenchen

2015-01-01

watered down due to the narrowed scope of the tier 2 banks and its strength on curbing subsidization. On (2), the BSR mainly stresses reducing the ‘probability of failure’, but not much the ‘impact of failure’, i.e. it does not provides material provisions on cooperation between structural reform...... and resolution reform. Putting aside other technical leaks in enhancing stability and safety of banks, that cast significant doubt on its capacity to enhance resolvability....

The Response of Performance to Merger Strategy in Indonesian Banking Industry: Analyses on Bank Mandiri, Bank Danamon, and Bank Permata

Directory of Open Access Journals (Sweden)

Murti Lestari

2010-05-01

Full Text Available This study analyzes the responses of performances of BankMandiri, Bank Danamon, and Bank Permata to merger strategy.This paper harnesses the quantitative approach with structuralbreak analysis method and impulse response function. Theplausible findings indicate that the merger of Bank Permataproduces a better performance response in comparison to theconsolidation of Bank Mandiri and the merger of Bank Danamon.The merger of Bank Permata does not result in performanceshocks, and the structural break does not prevail either. On theother hand, the consolidation of Bank Mandiri and the mergerof Bank Danamon result in structural breaks, particularly in thespread performance. In order to return to the stable position, themergers of Bank Mandiri and Bank Danamon require a longertime than does the merger of Bank Permata. This researchindicates that for large banks, the mergers and acquisitions(retaining one existing bank will deliver a better performanceresponse than will the consolidations (no existing bank. Keywords: impulse response function; merger; structural break

Commercial banking in the conditions of deregulation vs. reregulation

Directory of Open Access Journals (Sweden)

Zaklan Damir

2014-01-01

Full Text Available This paper examines contemporary trends in commercial banking, confronting the stages of deregulation and reregulation in this field triggered by the global mortgage crisis. Under deregulatory conditions the competitive position of banks has toughened, and they reacted to it by intensifying: marketization, i.e. globalization, concentration, securitization and conglomeration, and by turning to the profit-oriented risk management of their activity. The contraction of their interest margin was thus neutralized by the reduction of operational costs and loss provisions, and by an increase in non-interest revenues, thereby maintaining banking profitability. The recent crisis has pinpointed the necessity of firmer regulation or reregulation of the banking sector, aimed at reducing its systemic risk, the most important aspect of which being the stricter international banking capital and liquidity standards, along with the requirement to adequately treat systemically important banks. Reregulation should strengthen capitalization and liquidity; mitigate the volume, concentration, internationalization and business dispersion, hence improving the supervision of the banking sector, implying its lower, yet more stable profitability. Such an impact of the adopted section of targeted regulatory measures has been indicated by higher liquidity, lower globalization, slower concentration and securitization, and stabilization-oriented risk management activities of today's banks. Their growth and profitability have shrunk.

ANALISIS KOMPARATIF DAN EKSPLORATIF TERHADAP KUALITAS PELAYANAN BANK SYARIAH DAN BANK KONVENSIONAL DI KOTA PEKALONGAN

Directory of Open Access Journals (Sweden)

Nalim Nalim

2015-12-01

Full Text Available Abstract: For the last ten years, the focus for sharia trading industry has shifted from emphasising on price to service quality. Some of the reasons for this are: the rise of banking industry rivalry, stable business environment, more challenges faces, modern technology and the increasing number of service provider systems. Additionally, within the global market, the service quality has become more prominent in surviving the banking industry. Furthermore, the service quality also influences customers' satisfactory level. For these reasons, I am interested in researching further about service quality in banking industry. This study aims at (1 finding out factors that influence customers' banking choice (sharia and conventional banks, finding out service index comparison between sharia and conventional banks, and finding out the service quality difference between sharia and conventional banks. The instrument used to compare the service quality was SERVQUAL. The data was descriptively analysed and comparatively analysed using T-test. Descriptive analysis was employed to find out the emerging patterns within the data while the T-test was utilised to analyse the correlation among variables in the questionnaire. The result of the study indicated that there were four components (tangibleness, assurance, reliability and empathy of the service quality which ranked the highest, scoring 3.69. The similar result of highest score of tangibleness, scoring 3.65, was also indicated for conventional bank. Additionally, the result of the study also indicated that sharia bank scored higher in terms of its quality on the point of 3.53, while conventional bank was on the point of 3.50. Abstrak: Sejak sepuluh tahun terakhir, fokus strategis layanan industri ritel perbankan telah mengalami pergeseran dari harga (price menuju kepada kualitas pelayanan (service quality. Alasannya adalah karena munculnya persaingan, tantangan yang berat, lingkungan bisnis yang stabil

Comparing Between Commercial and Investment Banking: A Case Study from Iraq

Directory of Open Access Journals (Sweden)

Dr. Majeed Mohsen

2016-11-01

Full Text Available The research aim is to evaluating investment and commercial banking to led the investor who want to be shareholder in equity to the suitable banking in Iraqi environment, which banking is suitable for risk averse and which is suitable for risk seeker, by comparing between depending on market attractiveness and business strength by comparing between Iraqi’s investment and commercial banking for the period (2010-2014, it is evaluate market attractiveness by using banking return, banking risk, banking size, and banking stability and business strength by using market share (competition, and banking development. The data were from financial report used for statistical testing of difference between two means for comparing instead of comparing between variables directly by using t-test between means. The result explained there wasn’t difference between the two banking marketing, but commercial banking was more total risk than investment banking and systematic risk was the most in both banking. Research conclusion the risky environment, is resulting the conservative depositors decreasing the project, and weak effect of globalization on banking, that is resulting nearly same strategies to avoid internal risk by trying to create safely internal environment depending on strategy of less risk through minimizing unsystematic risks which reduce the ability on diversification which led to weak globalization’s effect.

Basel III and prudent risk management in banking: Continuing the cycle of fixing past crises

Directory of Open Access Journals (Sweden)

François Laurens

2012-09-01

Full Text Available Financial crises have had a significant impact on bank regulation and supervision. Reforms are often focussed on correcting past failings. Following the 2007 financial crisis, Basel III reforms have been introduced with a view to promote a more resilient banking sector and to improve the banking sector’s ability to absorb shocks arising from financial distress. A review of the Basel III reforms and the literature on the link between capital adequacy regulations and bank stability indicates that these regulations are unlikely to prevent the failure of banks resulting in systemic crises

Associations of stream geomorphic conditions and prevalence of alternative reproductive tactics among sockeye salmon populations

Science.gov (United States)

DeFilippo, L. B.; Schindler, D.E.; Carter, J.L.; Walsworth, Timothy E.; Cline, T. J.; Larson, Wesley; Buehrens, T.

2018-01-01

In many species, males may exhibit alternative life histories to circumvent the costs of intrasexual competition and female courtship. While the evolution and underlying genetic and physiological mechanisms behind alternative reproductive tactics are well studied, there has been less consideration of the ecological factors that regulate their prevalence. Here, we examine six decades of age composition records from thirty‐six populations of sockeye salmon (Oncorhynchus nerka) to quantify associations between spawning habitat characteristics and the prevalence of precocious sneakers known as ‘jacks’. Jack prevalence was independent of neutral genetic structure among stream populations, but varied among habitat types and as a function of continuous geomorphic characteristics. Jacks were more common in streams relative to beaches and rivers, and their prevalence was negatively associated with stream width, depth, elevation, slope and area, but positively related to bank cover. Behavioural observations showed that jacks made greater use of banks, wood and shallows than guard males, indicating that their reproductive success depends on the availability of such refuges. Our results emphasize the role of the physical habitat in shaping reproductive tactic frequencies among populations, likely through local adaptation in response to variable fitness expectations under different geomorphic conditions.

BUILDING A BANKING UNION IN THE EUROPEAN UNION – A SOLUTION TO THE FINANCIAL CRISIS?

Directory of Open Access Journals (Sweden)

Monica (ŞAGUNA FIGHIROAE

2015-07-01

Full Text Available The financial crisis of 2008 highlighted the need for a deeper integration of the banking system, as a warranty to support long-term financial stability. It was argued that the grounds of the crisis lie also in an uncoordinated national response to the failure of banks, in a fragmentation of the Single Market in lending and funding and, therefore, a better regulation and supervision of the financial sector can ensure financial stability and growth in the European Union. In order to restore the proper functioning of the internal market and to avoid future crisis, the European Commission launched a set of initiatives, in order to assure a safer and sounder financial sector for the single market; are included here: stronger prudential requirements for banks, improved depositor protection and rules for managing failing banks and a single rulebook for all the 28 Member States of the European Union. The single rule book is the step towards the Banking Union sits. The banking union consists of three pillars: a Single Supervisory Mechanism, a Single Resolution Mechanism and a joint deposit-insurance scheme. As on 4 November 2014 the European Central Bank assumed responsibility for euro area banking supervision, the Banking Union is still under construction. In this framework, the purpose of my paper is to analyse the process of building a Banking Union in Europe. Therefore, the objectives of my paper are to explore the steps to fulfilling a real integration of the European banking system, as a solution to the financial crisis.

The need for liquidity and the capital structure of Swedish Banks following the financial crisis

Directory of Open Access Journals (Sweden)

Victor Nilsson

2014-04-01

Full Text Available Banks had a large part in the developments taking place in the years after the outbreak of the crisis in 2007, as many banks had an excessively low capital base, involving too much risk in its businesses. In this study, the largest four banks in Sweden have been investigated. The financial crisis affected the banks differently, depending on the markets of expansion. Excessive risk-taking has been found, where one bank expanded aggressively into new markets and did not appreciate the risks on these new markets. CEO compensation and risk seeking boards are factors that might have caused such behaviour. All of the banks have made noticeable changes to their capital structure, increasing it annually, accompanied by a risk-reduction movement in their assets to improve the stability in most of the banks. The new regulation’s focus on both quality and quantity is in accordance with the views that are expressed in the framework. The banks have altered their goals to levels several per cent above the regulations, in contrast to before the crisis when they were often as close as possible. The impact of the new liquidity regulations has been limited, as the banks continue to work with their internal measures. The banks have all changed their view of capital ratio and liquidity, where many of the banks have doubled the amount of these posts and now find these measures to be both beneficial and a way to gain trust and stability. 

FINANCIAL SOUNDNESS INDICATORS IN BOSNIA AND HERZEGOVINA BANKING SECTOR

Directory of Open Access Journals (Sweden)

Kemal Kozaric

2014-12-01

Full Text Available The purpose of this paper is to research financial soundness indicators in Bosnia and Herzegovina banking sector, their interconnections, causality and influenced factors. Therefore the subjects of analysis are core financial indicators. For that purposes data from International Monetary Fund for period 2008 – 2013th as well as data from state agencies and central bank were used. In order to gain research goal different scientific methods were used. Therefore, correlation and regression analysis were employed in order to reveal connectivity and causality between those factors. Results have shown that banks in Bosnia and Herzegovina still have to pay attention on non-performing loans as one of the main threats to their liquidity and stability.

BANKING BUSINESS MODELS IN UKRAINIAN BANKING SYSTEM

Directory of Open Access Journals (Sweden)

Yuliya Onyshchenko

2015-11-01

Full Text Available The purpose of the paper is to work out and characterize bank business models that are formed in Ukraine. Methodology. Our research we will spend among banks that are functioning on the Ukrainian financial market and are not on the stage of liquidation, so the sample under study in our work is comprised of 131 banks which are different in their ownership structure and size. The core of the methodology is a statistical clustering algorithm that allows identifying the groups of banks (clusters with similar business models as banks with similar business model strategies have made similar choices regarding the composition of their assets and liabilities. The cluster analyses were taken on the base of seven chosen indicators: bank loans, bank liabilities, enterprise loans, enterprise liabilities, household loans, household liabilities and trading assets. Results. The traditional business model of bank is worked out. The bank business models that are functioning in Ukraine are identified on the base of cluster analyses using balance sheet characteristics of 131 Ukrainian banks. We find that in Ukraine were formed three types of bank business models: “Focused retail”, “Diversified retail” and “Corporative retail”. The description of each model is given. Practical implications. More detailed research of distinguished models allows not only to find out the main advantages and disadvantages of each bank model, but also the main problems that follow the development of Ukrainian banking sector. Identifying of bank models and their studying simplifies searching and elaboration of regulatory instruments as there is a two-way causation between regulation and bank business models. This implies a symbiotic relationship between regulation and bank business models: business models respond to regulation which in turn responds to the evolution of new business models. Value/originality. Such survey is conducted at the first time among Ukrainian banks. The

The impact of monetary policy on bank lending rate in South Africa

Directory of Open Access Journals (Sweden)

B.T. Matemilola

2015-03-01

Full Text Available The pass-through of the policy rates to bank lending rate is an important subject matter because it measures the effectiveness of monetary policy to control inflation or stabilize the economy. This study investigates the long-run interest rate pass-through of the money market rate to the bank lending rate and asymmetric adjustment of the bank lending rate. The study applies the momentum threshold autoregressive and asymmetric error correction models. The asymmetric error correction results reveal that bank lending rate adjusts to a decrease in the money market rate in South Africa. The findings suggest that the South African commercial banks adjust their lending rate downward but the lending rate appears rigid upward, which supports the customer reaction hypothesis.

Bodies with noncircular cross sections and bank-to-turn missiles

Science.gov (United States)

Jackson, C. M., Jr.; Sawyer, W. C.

1992-01-01

A development status evaluation is presented for the aerodynamics of missile configurations with noncircular cross-sections and bank-to-turn maneuvering systems, giving attention to cases with elliptical and square cross-sections, as well as bodies with variable cross-sections. The assessment of bank-to-turn missile performance notes inherent stability/control problems. A summary and index are provided for aerodynamic data on monoplanar configurations, including those which incorporate airbreathing propulsion systems.

RELATION BETWEEN ISLAMIC BANK AND CENTRAL BANK

OpenAIRE

PAKSOY, H. Mustafa; ABAROSS, Nour

2015-01-01

This study deals with the nature of Islamic banks and their features, and requirements of these features in terms of control tools and methods appropriate with the particularity of their business and their relation with the traditional central bank. At the same time aims to view the relationship between Islamic bank and central bank. To explain this relation the researcher started to explain what is the central bank, objectives of central bank, and characteristics, what is Islamic bank and ob...

Credit risk disclosure in the annual financial statements of Bulgarian banks

Directory of Open Access Journals (Sweden)

Anita Atanassova

2018-05-01

Full Text Available The paper analyzes the credit risk disclosure in the annual financial statements of Bulgarian banks for 2015 and 2016. Banks are ranked according to the level of credit risk disclosure, in accordance with the requirements of international accounting regulations and in relation to financial and regulatory ratios linked to capital adequacy. As a result of the conducted empirical study, it is concluded that banks' management is not particularly inclined to make full disclosures and actively to declare internal qualitative and quantitative information. However, the level of disclosure of credit risk for banks in Bulgaria is high. Banks with a low degree of capital adequacy tend to make a more complete disclosure of credit risk, and vice versa. There were no indications of a link between the size of the bank assets, the existence of the bank as a public company and the disclosure of credit risk. We believe that, in the context of increased competition, the disclosure of credit risk from a formal requirement may become one of the many tools to stabilize the position of certain banks and create a positive image of the bank for public information users.

Changes in the morphology of drainage channels of the hydrographic basin of Cadena stream, Santa Maria / RS

Directory of Open Access Journals (Sweden)

Edson Luis de Almeida Oliveira

2006-06-01

deepening or straightening of a channel which may be associated with considerable bank erosion which locally enlarges the width of a channel and it affects urban areas causing hazards. Moreover, the erosion increment may work its way up the tributaries as a series of knick points in response to urban’s stream changes. The analyses of the antropic intervention on the tributaries of Cadena stream divided the basins into low, medium and high intervention levels.

The Nature and Assessment of Systemic Risk in Terms of Liquidity of the Banking System

Directory of Open Access Journals (Sweden)

Lavreniuk Vladyslav V.

2016-11-01

Full Text Available The aim of the article is to determine the nature of systemic risk as a threat to the financial stability of the banking system and develop analytical tools to assess its impact on the banking system in terms of its liquidity. To solve the tasks assigned, there used general scientific and specific methods, such as: logical and dialectical method, mathematical and graphical one. Based on the generalization, analysis and comparison of different interpretations, there clarified the concept of «systemic risk» as a risk generated by financial institutions or individual sectors through the implementation of the mechanism of risk transmission, achieving significant scale of distribution and adversely affecting the stability of the financial system and the real sector of economy. There identified key aspects of systemic risk: a systemic risk is not a sum of all individual risks of financial institutions; b spreads through the channels of interconnectedness between financial institutions; c is a result of accumulated structural imbalances; d affects the stability of the financial/banking system, public confidence and the real sector of economy. Analytical tools for estimation of the bank’s contribution to the systemic liquidity risk on the basis of which it is determined that the first place in terms of the effect on the aggregate systemic risk of liquidity of the Ukrainian banking system is occupied by banks of Group I, the second place — by Privatbank, the third, fourth, fifth places — by banks in Group II — Oschadbank, Ukreximbank. It is found that it is systemically important state-owned banks that have a significant impact on systemic liquidity risk. It is determined that the probability of default of a leading systemically important bank could result in considerable cumulative losses for the entire banking system and real economy. The prospects of further research are the development of tools for systemic risk assessment with respect to

Size, Diversification and Risk: Preliminary Evidence from Commercial Banks in Pakistan

Directory of Open Access Journals (Sweden)

Ayesha Afzal

2012-12-01

Full Text Available The aim of this paper is to provide some preliminary evidence on relation between size, diversification and risk in commercial banks of Pakistan. Using a panel of Pakistani banks, we investigated whether bigger banks are better diversified than smaller banks.The results suggested that larger banks were more diversified than their smaller counterparts mainly on account of their outreach and size of credit portfolio. On the risk side, based on accounting and market based risk measures, we explored if there is any impact of diversification on risk. We could not deduce significant result in favor of accounting risk measure of impaired lending signaling that banks find no incentive in diversification of credit books. The market based measures of VaR and Default indicator were significantly related to diversification signifying that market participants consider diversification as a relevant tool for risk mitigation. These findings have policy implications for regulators and risk management to ensure stability in financial system.

Downstream reduction of rural channel size with contrasting urban effects in small coastal streams of southeastern Australia

Science.gov (United States)

Nanson, G. C.; Young, R. W.

1981-07-01

Although most streams show a downstream increase in channel size corresponding to a downstream increase in flood discharges, those flowing off the Illawarra escarpment of New South Wales show a marked reduction of channel size, accompanied by a down-stream increase in flood frequency in their lower reaches. Within the confined and steeply sloping valleys of the escarpment foothills, bed and bank sediments are relatively coarse and uncohesive, and channels increase in size, corresponding to increasing discharge downstream. However, once these streams emerge into more open rural valleys at lower slopes and are accompanied by extensive floodplains formed of fine cohesive sediment, there is a dramatic reduction in channel size. This decrease in channel size apparently results from a sudden decline in channel slope and associated stream power, the cohesive nature of downstream alluvium, its retention on the channel banks by a dense cover of pasture grasses, and the availability of an extensive floodplain to carry displaced floodwater. Under these conditions floodwaters very frequently spill out over the floodplain and the downstream channel-flow becomes a relatively unimportant component of the total peak discharge. This emphasizes the importance of these floodplains as a part of the total channel system. In situations where urban development has increased peak runoff and reduced the available area of effective floodplain, stream channels formed in this fine alluvium rapidly entrench and increase in cross-sectional area by 2-3 times. Minor man-induced channel alteration and maintenance appears to trigger this enlargement.

Impact Of Exogenous And Endogenous Risks On Systemic Risk In Indonesian Banking

Directory of Open Access Journals (Sweden)

Alfiana

2015-08-01

Full Text Available Weaknesses of the Banking Pressure Index and Financial Stability Index as an early detection system were not to involve contagion and bank run. This study aimed at determining impacts of endogenous and exogenous risks on systemic risks. It was a descriptive verificatory study using monthly secondary data of 2011-2014 and multiple regressions. Utilizing credit risk liquidity risk market risk capital adequacy risk contagion bank run inflation BI rate exchange rate and systemic risk variables of the 2011-2014 period it turned out that only endogenous risks of contagion and bank run variables impacted on systemic risk in Indonesian banking. The result showed that after the test of classical linear regression assumption credit risk capital adequacy risk contagion bank run and inflation variables simultaneously impacted on systemic risk and contributed to the movement of systemic risk. However our findings suggested that only contagion CONT bank run BR and inflation INF variables significantly impacted on systemic risk in a positive direction.

Legacy effects of colonial millponds on floodplain sedimentation, bank erosion, and channel morphology, MID-Atlantic, USA

Science.gov (United States)

Schenk, E.R.; Hupp, C.R.

2009-01-01

Many rivers and streams of the Mid-Atlantic Region, United States (U.S.) have been altered by postcolonial floodplain sedimentation (legacy sediment) associated with numerous milldams. Little Conestoga Creek, Pennsylvania, a tributary to the Susquehanna River and the Chesapeake Bay, is one of these streams. Floodplain sedimentation rates, bank erosion rates, and channel morphology were measured annually during 2004-2007 at five sites along a 28-km length of Little Conestoga Creek with nine colonial era milldams (one dam was still in place in 2007). This study was part of a larger cooperative effort to quantify floodplain sedimentation, bank erosion, and channel morphology in a high sediment yielding region of the Chesapeake Bay watershed. Data from the five sites were used to estimate the annual volume and mass of sediment stored on the floodplain and eroded from the banks for 14 segments along the 28-km length of creek. A bank and floodplain reach based sediment budget (sediment budget) was constructed for the 28 km by summing the net volume of sediment deposited and eroded from each segment. Mean floodplain sedimentation rates for Little Conestoga Creek were variable, with erosion at one upstream site (-5 mm/year) to deposition at the other four sites (highest = 11 mm/year) despite over a meter of floodplain aggradation from postcolonial sedimentation. Mean bank erosion rates range between 29 and 163 mm/year among the five sites. Bank height increased 1 m for every 10.6 m of channel width, from upstream to downstream (R2 = 0.79, p channel and the floodplain. Floodplain sedimentation and bank erosion rates also appear to be affected by the proximity of the segments to one existing milldam, which promotes deposition upstream and scouring downstream. The floodplain and bank along the 28-km reach produced a net mean sediment loss of 5,634 Mg/year for 2004-2007, indicating that bank erosion was exceeding floodplain sedimentation. In particular, the three segments

Is shadow banking really banking?

OpenAIRE

Bryan J. Noeth; Rajdeep Sengupta

2011-01-01

To those who don't know, the term "shadow banking" probably has a negative connotation. This primer draws parallels between what has been termed the shadow banking sector and the traditional banking sector—showing that they are similar in many ways.

EVALUATING THE EFFECTIVENESS OF REFINANCING CREDIT INSTITUTIONS BY THE BANK OF RUSSIA

Directory of Open Access Journals (Sweden)

V. E. Gladkova

2012-01-01

Full Text Available The article is devoted to assessing the effectiveness of refi nancing credit institutions as a tool of monetary policy the Bank of Russia. The Bank of Russia has a policy on the basis of certain economic situations, to create an enabling environment for financial sector development, increasing the stability of commercial banks, and, in general, economic growth in the country. The refinancing rate, which in turn should influence the currency market in the country and the level of interest rates, can not perform their duties because of inefficiencies such as a refinancing.

Effects of golf course construction and operation on water chemistry of headwater streams on the Precambrian Shield

International Nuclear Information System (INIS)

Winter, Jennifer G.; Dillon, Peter J.

2005-01-01

To investigate the effects of golf course construction and operation on the water chemistry of Shield streams, we compared the water chemistry in streams draining golf courses under construction (2) and in operation (5) to streams in forested reference locations and to upstream sites where available. Streams were more alkaline and higher in base cation and nitrate concentrations downstream of operational golf courses. Levels of these parameters and total phosphorus increased over time in several streams during golf course construction through to operation. There was evidence of inputs of mercury to streams on two of the operational courses. Nutrient (phosphorus and nitrogen) concentrations were significantly related to the area of unmanaged vegetation in a 30 x 30 m area on either side of the sampling sites, and to River Bank Quality Index scores, suggesting that maintaining vegetated buffers along the stream on golf courses will reduce in-stream nutrient concentrations. - Golf course construction and operation had a significant impact on alkalinity, nitrogen and base cation concentrations of streams

The Sovereign Debt Crisis in Europe, Save Banks Not States

Directory of Open Access Journals (Sweden)

Schäfer, Hans-Bernd

2012-08-01

Full Text Available The European central bank is a bank of banks but not a bank of states. This reduces the capabilities of member states to finance deficits. The role of the central bank to cope with the debt crises is institutionally more limited than in most other Western countries. The European Stability Mechanism has not enough financial power to bail out all distressed countries in the Eurozone. Eurobonds could increase lending capacities but would require a change of the European treaty, which is not in sight. They violate the no bail out clause of Art.125 of the Treaty on the Functioning of the European Union. The policy option is therefore debt restructuring of distressed countries and a bailout of financial institutions to avoid conflagration. This option would also shift some of the burden to creditors outside the Eurozone rather than to shift all risk on the people in solvent countries within the Eurozone.

Simulating Retail Banking for Banking Students

Science.gov (United States)

Supramaniam, Mahadevan; Shanmugam, Bala

2009-01-01

The purpose of this study was to examine the implementation flow and development of retail bank management simulation based training system which could provide a comprehensive knowledge about the operations and management of banks for the banking students. The prototype of a Retail banking simulation based training system was developed based on…

THE IMPACT OF BASEL III AGREEMENT ON THE ROMANIAN BANKING SYSTEM

Directory of Open Access Journals (Sweden)

Mihaela SUDACEVSCHI

2015-07-01

Full Text Available Basel III Agreement is a set of regulations on the banking system, which aims to ensure the system stability, by applying new standards on the capital level and on the liquidity level adequacy and also, on the reduction of banking risk, implied by the financial crisis. Romanian commercial banks will be forced, by the Basel III Agreement implementation, to reduce the risk of capital, using the balance sheet restructuring and by improving the capital quality. The aim of this paper is to analyze the impact of implementing new capital requirements, stipulated by Basel III Agreement, on the Romanian commercial banks, how they will react to the new standards and the decisions they will be able to adopt to respect the standards.

Bank Diversification Effects on Bank Performance and Risk Profile of Bank in Indonesia

Directory of Open Access Journals (Sweden)

Anthony Lukmawijaya

2015-05-01

Full Text Available We investigate the relationship of Indonesian bank diversification towards its long term performance and risk profile with Indonesian bank data from 2009 to 2013. Non-interest income to total operating income of the bank measures its bank diversification level. Bank value is measured by the adjusted Tobin's Q and risk profile which is broken down into total risk, idiosyncratic risk, and systematic risk. The result shows that bank non-interest income diversification has a positive influence on its franchise value. There is, however, no strong evidence that diversification can lower a bank's risk profile.

CONSIDERATIONS REGARDING FINANCIAL STABILITY

Directory of Open Access Journals (Sweden)

MERCEA PATRICIA AMALIA

2018-02-01

target digital coin concepts, use in distributed real-time payment systems of blockchain technologology, artificial intelligence, and information security. However, a large number of economists admit that the current crisis has emphasized the overcoming of the limits of (mainstream economics and its implications in the field of financial regulation and the sphere of monetary policy that should focus not only on price stability, but also on financial stability. In other words, the banks, the financial institutions must be obliged to hold a minimal countercyclical capital and mandatory reserves that should be large enough to cope with the turmoil generated by the decrease of the asset prices and the liquidity risk. In macroprudential policy, the “shadow banking system” (investment banks, hedge funds, private equity funds must also be included.Last but not least, the central banks have to cooperate with the other categories of systemic risk managers: Financial Stability Oversight Council-FSOC (USA, European Systemic Risk Board-ESRB (EU, Financial Policy Committee-FPC (Great Britain, National Committee for Financial Stability-CNSF (Romania.

Denying Foreign Bank Entry: Implications For Bank Interest Margins

OpenAIRE

Ross Levine

2003-01-01

This paper examines the impact of restricting foreign bank entry on bank net interest margins while controlling for (a) impediments to domestic bank entry, (b) the degree of foreign bank ownership of the domestic banking industry, (c) an array of bank-specific characteristics, (c) banking sectorconcentration, and (d) various country traits. Using data on almost 1200 banks across 47 countries, the results suggest that restricting foreign bank entry boosts bank net interest margins. Also, restr...

E-BANKING- MODERN BANKING SERVICES

Directory of Open Access Journals (Sweden)

MIRANDA PETRONELLA VLAD

2009-05-01

Full Text Available E-banking is the first of those banking services that really economize time, because it allows to the user to accomplish from behind the computer many operations in the bank account, represents the computational solution that allows to the holder to have

THE IMPACT OF FINANCIAL LIBERALIZATION ON ROMANIAN BANKING SYSTEM EFFICIENCY

Directory of Open Access Journals (Sweden)

Ciupac-Ulici Maria-Lenuta

2013-07-01

Full Text Available In the last three decades, many emerging countries have moved away from a system of restrictive monetary and financial controls to a more liberalized financial sector. The restrictive imposed policies were expected to contribute to industrialization of the economy and to the stability of the banking sector. However, financial liberalization had big costs on the banking system's competitiveness and efficiency. Financial liberalization has a different impact on banking markets. Thus, there is no size that fits all policies concerning banking liberalization process. For highly efficient banks, competition is improving their efficiency standard, while less efficient banks can`t compete with foreign banks and further are decreasing in efficiency or are driven out of the market. Overall, the average efficiency of domestic banking markets should be an important variable in deciding to open up their banking market. Banks that are operating close to the frontier, in general are improving their efficiency following financial liberalization process. Banks that are operating in a further distance can`t manage to compete with foreign market entrants, so, they are losing from liberalization process. In this article we propose to measure the impact of financial liberalization process on Romanian banking system. We used the panel regression to study the informational efficiency of three Romanian banks during 2004 - 2012. The dependent variable of the model was the price of stock bank, and the independent variables were the financial indicators (return on equity, return on assets, net profit margin. In the second regression we introduce a dummy variable for crisis period. Our results show that the financial indicators choose do not affect the efficiency of Romanian bank, but the crisis had a negative impact on them. International context, credit risk, the implementation of Basel III and reducing exposures in the absence of investment alternatives remains key

Monetary policy and banking supervision: still at arm's length? A comparative analysis

Directory of Open Access Journals (Sweden)

Donato Masciandaro

2012-12-01

Full Text Available By the early 2000s an increasing number of countries had adopted a well-defined central bank framework, characterized by two intertwined features: stronger specialization for the banking authority in achieving monetary policy goals, and a lessening of its traditional responsibilities for the safeguard of financial stability within its institutional perimeter. The fundamental effect was that Central Bank Involvement in Supervision (CBIS generally decreased. But then, after the Financial Crisis erupted in 2008, reforms have been undertaken and projects are being discussed to reconsider the role of the central bank in the field of supervisory tasks. The main research question is then: how is CBIS moving? This article offers two contributions. Firstly, the economics of the relationship between central banking, monetary policy and banking supervision is reviewed. Secondly, the current situation of CBIS in 88 countries around the world is analyzed.

Factors Influencing the Profitability of Listed Indonesian Commercial Banks Before and During Financial Global Crisis

Directory of Open Access Journals (Sweden)

Menur Agustini

2012-01-01

Full Text Available  As a country with bank-based economy, stability and soundness of its banking industry are cru-cial matters for Indonesia especially in dealing with the crisis period, such as financial global crisis which occurred in 2008. Considering the crucial impact of the crisis, this study aims to examine de-terminants of bank profitability (as the measurement of stability and soundness of banking industry before and during the crisis period. Using the Generalized Method of Moment (GMM, this study analyzes the profitability of listed commercial banks using unbalanced panel data over the period of 2002-2009. To investigate the impact of recent financial global crisis, this study uses time dummy variable to separate the pre-crisis period (2002-2006 and during the crisis period (2007-2009. Findings of this study show that in the pre-crisis period, bank-specific factors i.e. lagged profitability, bank size, bank capitalization, and diversification and external factors which are inflation and stock market-based financial development statistically and significantly affect bank's profitability. Further-more, the crisis is proven to have significant impact on the effect of inflation and stock market-based financial development toward bank profitability. Whereas, through the general model which is not separate the pre and during crisis periods, this study shows that bank-specific factors such as lagged profitability, bank size, and bank capitalization are proven to have significant effects on bank profit-ability while external factors that also have effects are bank-based financial development and bank concentration. ";} // -->activate javascript

Internet Banking integration within the banking system

Directory of Open Access Journals (Sweden)

Constantin Marian MATEI

2008-01-01

Full Text Available Internet Banking developed due to increasing demand of online banking transactions. The biggest advantages of Internet Banking consist of complex banking solutions, 24 hours availability, quick and secure access to the back-end application through Internet. These advantages are due to the use of SOA (service-oriented architecture. SOA appeared as a necessity of companies to integrate big and independent portions of applications, in order to obtain an homogeneous functionality of the system. For the Internet Banking applications, SOA proved to be the optimal architectural solution, for a smoth integration between banking services from the front-end to the back-end.This paper intend to offer an insite analyse of the Internet Banking applications architecture integrated with other banking systems. A SOA oriented analyse will establish the scope of the integration architecture.

Fluvial gravel stabilization by net-spinning Hydropsychid caddisflies: exploring the magnitude and geographic scope of ecosystem engineering effect and evaluating resistance to anthropogenic stresses

Science.gov (United States)

Daniels, M.; Albertson, L.; Sklar, L. S.; Tumolo, B.; Mclaughlin, M. K.

2017-12-01

Several studies have demonstrated the substantial effects that organisms can have on earth surface processes. Known as ecosystem engineers, in streams these organisms maintain, modify, or create physical habitat structure by influencing fluvial processes such as gravel movement, fine sediment deposition and bank erosion. However, the ecology of ecosystem engineers and the magnitude of ecosystem engineering effects in a world increasingly influence by anthropogenically-driven changes is not well understood. Here we present a synthesis of research findings on the potential gravel stabilization effects of Hydropsychid caddisflies, a globally distributed group of net-spinning insects that live in the benthic substrate of most freshwater streams. Hydropsychid caddisflies act as ecosystem engineers because these silk structures can fundamentally alter sediment transport conditions, including sediment stability and flow currents. The silk nets spun by these insects attach gravel grains to one another, increasing the shear stress required to initiate grain entrainment. In a series of independent laboratory experiments, we investigate the gravel size fractions most affected by these silk attachments. We also investigate the role of anthropogenic environmental stresses on ecosystem engineering potential by assessing the impact of two common stressors, high fine sediment loads and stream drying, on silk structures. Finally, an extensive field survey of grain size and Hydropsychid caddisfly population densities informs a watershed-scale network model of Hydropsychid caddisfly gravel stabilizing potential. Our findings provide some of the first evidence that caddisfly silk may be a biological structure that is resilient to various forms of human-mediated stress and that the effects of animal ecosystem engineers are underappreciated as an agent of resistance and recovery for aquatic communities experiencing changes in sediment loads and hydrologic regimes.

Interest Free Banking in Nigeria - Welcome Islamic Banking ...

African Journals Online (AJOL)

Interest Free Banking in Nigeria - Welcome Islamic Banking; Welcome Christian Banking. ... banks pay interest on deposits, and charge interest on loans and advances, ... However, the literature on interest rates, in relation to Commercial Bank ...

Bank storage buffers rivers from saline regional groundwater: an example from the Avon River Australia

Science.gov (United States)

Gilfedder, Benjamin; Hofmann, Harald; Cartwrighta, Ian

2014-05-01

Groundwater-surface water interactions are often conceptually and numerically modeled as a two component system: a groundwater system connected to a stream, river or lake. However, transient storage zones such as hyporheic exchange, bank storage, parafluvial flow and flood plain storage complicate the two component model by delaying the release of flood water from the catchment. Bank storage occurs when high river levels associated with flood water reverses the hydraulic gradient between surface water and groundwater. River water flows into the riparian zone, where it is stored until the flood water recede. The water held in the banks then drains back into the river over time scales ranging from days to months as the hydraulic gradient returns to pre-flood levels. If the frequency and amplitude of flood events is high enough, water held in bank storage can potentially perpetually remain between the regional groundwater system and the river. In this work we focus on the role of bank storage in buffering river salinity levels against saline regional groundwater on lowland sections of the Avon River, Victoria, Australia. We hypothesize that the frequency and magnitude of floods will strongly influence the salinity of the stream water as banks fill and drain. A bore transect (5 bores) was installed perpendicular to the river and were instrumented with head and electrical conductivity loggers measuring for two years. We also installed a continuous 222Rn system in one bore. This data was augmented with long-term monthly EC from the river. During high rainfall events very fresh flood waters from the headwaters infiltrated into the gravel river banks leading to a dilution in EC and 222Rn in the bores. Following the events the fresh water drained back into the river as head gradients reversed. However the bank water salinities remained ~10x lower than regional groundwater levels during most of the time series, and only slightly above river water. During 2012 SE Australia

THE PECULIARITIES OF STATE MANAGEMENT OF BANKS CAPITALIZATION IN UKRAINE

Directory of Open Access Journals (Sweden)

Yuriy Radelytskyy

2016-11-01

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

Seasonal variations in composite riverbank stability in the Lower Jingjiang Reach, China

Science.gov (United States)

Xia, Junqiang; Zong, Quanli; Deng, Shanshan; Xu, Quanxi; Lu, Jinyou

2014-11-01

Bank erosion is a key process in a fluvial system in the context of river dynamics and geomorphology. Since the operation of the Three Gorges Project (TGP), the Lower Jingjiang Reach (LJR) below the dam has experienced continuous channel degradation, with the phenomenon of bank erosion occurring frequently in local reaches. Therefore it is necessary to quantitatively investigate seasonal variations in the stability of composite riverbanks along the reach in order to better understand the fluvial processes in the reach. Laboratory tests were conducted for the sampled soils at six riverbanks during a field survey, with various bank soil properties being presented for the first time. These test results show that: the cohesive bank soils are relatively loose due to the high water contents of 28.5-40.0% and the low dry densities of 1.31-1.47 tonnes/m3; and the cohesion or angle of internal friction generally decreases with an increase in water content of the cohesive soil. Based on the measured cross-sectional profiles and interpolated hydrological data, the near-bank hydrodynamic conditions and soil parameters of two typical composite riverbanks were then determined during the 2007 hydrological year. An improved method was proposed for calculating the stability at the mode of cantilever failure for the overhanging block of a composite riverbank, and the stability degrees of these two riverbanks were calculated at different stages. These results reveal that: (i) the incipient velocity of the non-cohesive lower bank had a magnitude of 0.4 m/s, less than the mean near-bank velocity of about 1.0 m/s, which led to intensive basal erosion especially during the flood season; (ii) the cohesive upper bank before failure had sufficient strength to resist direct fluvial erosion, but the failed soil mass deposited in the near-bank zone was disintegrated easily with the submerged immersion and was then transported downstream by fluvial entrainment; (iii) the degree of bank

Assessment of the economic sanctions influence on the Russian banking system

Directory of Open Access Journals (Sweden)

Dilyara F. Zakirova

2018-03-01

making cardinal decisions in this sphere against the background of maintaining the effect of sanctions from the United States and the European Union and perhaps their aggravation after the Russian banks entering the Crimean market it would not be possible to achieve the longterm effect. In this regard it is necessary to develop additional mechanisms to strengthen the banking sector by optimizing its internal costs developing new markets available for longterm borrowing China India Brazil etc. and using additional measures by the Central Bank of the Russian Federation to support the sanctioned credit institutions. Practical significance the main provisions and conclusions of the article can be used in the formation of the development strategy for credit organizations which bear the risks of the deterioration of the financial situation of borrowers due to the general economic situation the restricted access of the sanctioned banks to cheap Western long resources by the Central Bank of the Russian Federation when forming the monetary policy by economists financiers for the expansion and deepening the subject areas of scientific research. The study of the effect of economic sanctions on the banking sector allows predicting the further development of the situation and outline the steps necessary to mitigate the negative external influences within the constraints and to form the patterns of stabilization and development with the aim of increasing bank stability.

Associations of stream geomorphic conditions and prevalence of alternative reproductive tactics among sockeye salmon populations.

Science.gov (United States)

DeFilippo, L B; Schindler, D E; Carter, J L; Walsworth, T E; Cline, T J; Larson, W A; Buehrens, T

2018-02-01

In many species, males may exhibit alternative life histories to circumvent the costs of intrasexual competition and female courtship. While the evolution and underlying genetic and physiological mechanisms behind alternative reproductive tactics are well studied, there has been less consideration of the ecological factors that regulate their prevalence. Here, we examine six decades of age composition records from thirty-six populations of sockeye salmon (Oncorhynchus nerka) to quantify associations between spawning habitat characteristics and the prevalence of precocious sneakers known as 'jacks'. Jack prevalence was independent of neutral genetic structure among stream populations, but varied among habitat types and as a function of continuous geomorphic characteristics. Jacks were more common in streams relative to beaches and rivers, and their prevalence was negatively associated with stream width, depth, elevation, slope and area, but positively related to bank cover. Behavioural observations showed that jacks made greater use of banks, wood and shallows than guard males, indicating that their reproductive success depends on the availability of such refuges. Our results emphasize the role of the physical habitat in shaping reproductive tactic frequencies among populations, likely through local adaptation in response to variable fitness expectations under different geomorphic conditions. © 2017 European Society For Evolutionary Biology. Journal of Evolutionary Biology © 2017 European Society For Evolutionary Biology.

Influences of high-flow events on a stream channel altered by construction of a highway bridge: A case study

Science.gov (United States)

Hedrick, Lara B.; Welsh, Stuart A.; Anderson, James T.

2009-01-01

Impacts of highway construction on streams in the central Appalachians are a growing concern as new roads are created to promote tourism and economic development in the area. Alterations to the streambed of a first-order stream, Sauerkraut Run, Hardy County, WV, during construction of a highway overpass included placement and removal of a temporary culvert, straightening and regrading of a section of stream channel, and armourment of a bank with a reinforced gravel berm. We surveyed longitudinal profiles and cross sections in a reference reach and the altered reach of Sauerkraut Run from 2003 through 2007 to measure physical changes in the streambed. During the four-year period, three high-flow events changed the streambed downstream of construction including channel widening and aggradation and then degradation of the streambed. Upstream of construction, at a reinforced gravel berm, bank erosion was documented. The reference section remained relatively unchanged. Knowledge gained by documenting channel changes in response to natural and anthropogenic variables can be useful for managers and engineers involved in highway construction projects.

Legal Instruments of Regulation of Development of Banking Activity in Ukraine

Directory of Open Access Journals (Sweden)

Senyshch Pavlo M.

2014-03-01

Full Text Available The article considers main approaches to identification of essence of legal instruments of regulation of development of the banking activity, identifies the mechanism of legal regulation of the banking activity and its elements and justifies the system and form of legal regulation of the banking activity in Ukraine. It describes subjects of legal regulation of the banking activity at the international level, which are the Basel Committee on Banking Supervision, European Central Bank, IMF, International Financial Reporting Standards Foundation and others. The article considers specific features of the regulatory requirements of Basel II and Basel III and specific features of their introduction into the banking activity. It describes anti-cyclic measures offered by the Basel Committee, which should facilitate formation of such conditions, under which the banking sector could have a lower level of leverage and stability with respect to influence of system risks. Significant attention is paid to international instruments of regulation of the banking activity, which include the following legal acts: Uniform Rules for Collections, Uniform Customs and Practice for Documentary Credits, and Unified Rules for Loan Guarantees. The article shows that the share of subordinate legal acts is significant in the Ukrainian system of banking regulatory and legal acts since the state cannot operatively react to the changing processes in banking at the legislative level and, that is why, basic provisions on carrying out banking activity should be fixed in law.

Impact of E-Banking on Traditional Banking Services

OpenAIRE

Vyas, Shilpan Dineshkumar

2012-01-01

Internet banking is changing the banking industry, having the major effects on banking relationships. Banking is now no longer confined to the branches were one has to approach the branch in person, to withdraw cash or deposit a cheque or request a statement of accounts. In true Internet banking, any inquiry or transaction is processed online without any reference to the branch (anywhere banking) at any time. Providing Internet banking is increasingly becoming a "need to have" than a "nice to...

Pengaruh Kualitas Layanan Mobile Banking (M-Banking Terhadap Kepuasan Nasabah di Indonesia [Effect of Mobile Banking (M-Banking Service Quality on Customer Satisfaction in Indonesia

Directory of Open Access Journals (Sweden)

Aditya Wardhana

2015-09-01

Full Text Available The research aim was to assess the influence of the service quality of mobile banking (m-banking against customer satisfaction at the greatest banks in Indonesia. Elements of the quality of mobile banking services (m-banking were speed, security, accuracy, and trust. The population of this study was bank customers from eight of the greatest bank in Indonesia -- Bank Mandiri, Bank BRI, Bank BCA, Bank BNI, Bank CIMB Niaga, Bank Danamon, Bank Permata, and Bank Panin -- who used mobile banking which totaled 19.9 million customers with the size of the sample being 400 respondents. The sampling method used nonprobability sampling by incidental sampling. The results by using a structural equation modeling (SEM found significant influences between service quality of mobile banking (m-banking partially and simultaneously to customer satisfaction.

A continuous-flow system for measuring in vitro oxygen and nitrogen metabolism in separated stream communities

DEFF Research Database (Denmark)

Prahl, C.; Jeppesen, E.; Sand-Jensen, Kaj

1991-01-01

on the stream bank, consists of several macrophyte and sediment chambers equipped with a double-flow system that ensures an internal water velocity close to that in the stream and which, by continuously renewing the water, mimics diel fluctuation in stream temperature and water chemistry. Water temperature...... production and dark respiration occurred at similar rates (6-7g O2 m-2 day-1), net balance being about zero. Inorganic nitrogen was consumed both by the sediment and to a greater extent by the macrophytes, the diel average consumption being 1g N m-2 day-1. 3. The sum of the activity in the macrophyte...... and sediment chambers corresponded to the overall activity of the stream section as determined by upstream/downstream mass balance. This indicates that the results obtained with the continuous-flow chambers realistically describe the oxygen and the nitrogen metabolism of the stream....

Risk Management in the banking and insurance sector

Directory of Open Access Journals (Sweden)

Ibrahim Mala

2018-03-01

Full Text Available Risk management is becoming an integral part of every organization, especially for the banking and Insurance sector because of their high-risk business. Both sectors try to manage the risks of their clients and their own risks. But, challenges in the banking and insurance industry are frequently influenced by the liquidity rations and the amount and quality of capital as ground requirements for risk management. The risk exposure in recent times is becoming more complex, more dynamic and diverse. Hence, we need to understand the risks which can be taken and the risks which should be avoided. In the other side insurance policies are long term, enabling insurers to stabilize the financial system and oft en insurance is the final transfer of risk. In this paper we will analyze an overview of risk management in the banking and insurance sector.

A Stream Erosion Susceptibility Identification Tool for use in Hydromodification Planning

Science.gov (United States)

Berntsen, E.; Bowles, C.

2008-12-01

A stream erosion susceptibility identification tool has been developed for use in hydromodification planning based on a three-tiered approach. Tier 1 involved development of a susceptibility map. This included conducting a watershed scale GIS- and remote sensing-based screening analysis of two methodologies to quantify stream susceptibility to hydromodification. Tier 2 will involve conducting rapid geomorphic assessments for selected areas that were screened to have high and low erosion potential in Tier 1. Tier 3 will identify key geomorphic thresholds (e.g., relationship between channel slope, median particle size, and drainage area for stable and unstable channels, critical bank heights in various channel materials, channel response to changes in flow and sediment supply, etc.) from comparison of stable and unstable channels. This poster will primarily cover the methodology and results in Tier 1 for a pilot project in the Laguna Creek Watershed in Sacramento County, California. We used two methodologies, relying on readily available topographic information (i.e., USGS 10-meter DEM), for producing the Tier 1 susceptibility map: Hack's relationship (Hack, 1957; Bledsoe and Watson, 2004) and specific stream power (Simons and Downs, 1995). Hack's relationship involved calculating the hydraulic stability number (Nh), which is the ratio of the existing channel slope to the corresponding equilibrium slope, whereby a value greater than 1 represents a relatively unstable channel. Specific stream power involved calculating the power expended per unit area of the streambed (in Watts/m2), whereby a value greater than 35 represents a relatively unstable channel. The results of the Tier 1 analysis indicated that the two methodologies compared favorably in their predictions of channel instability. Comparisons of the two methodologies were also made with existing channel conditions as observed by others in a recent study in the watershed and completed in 2007. As shown by this

Streaming gravity mode instability

International Nuclear Information System (INIS)

Wang Shui.

1989-05-01

In this paper, we study the stability of a current sheet with a sheared flow in a gravitational field which is perpendicular to the magnetic field and plasma flow. This mixing mode caused by a combined role of the sheared flow and gravity is named the streaming gravity mode instability. The conditions of this mode instability are discussed for an ideal four-layer model in the incompressible limit. (author). 5 refs

How Does Distress Acquisition Incentivized by Government Purchases of Distressed Loans Affect Bank Default Risk?

Directory of Open Access Journals (Sweden)

Jyh-Jiuan Lin

2018-04-01

Full Text Available The topic of bank default risk in connection with government bailouts has recently attracted a great deal of attention. In this paper, the question of how a bank’s default risk is affected by a distress acquisition is investigated. Specifically, the government provides a bailout program of distressed loan purchases for a strong bank to acquire a bank in distress. The acquirer bank may likely refuse the acquisition with a bailout when the amount of distressed loan purchases is large or the knock-out value of the acquired bank is high. When the acquirer bank realizes acquisition gains, the default risk in the consolidated bank’s equity return is negatively related to loan purchases, but positively to the knock-out value of the acquired bank. The government bailout, as such, in large part contributes to banking stability.

Sediment transport simulation in an armoured stream

Science.gov (United States)

Milhous, Robert T.; Bradley, Jeffrey B.; Loeffler, Cindy L.

1986-01-01

Improved methods of calculating bed material stability and transport must be developed for a gravel bed stream having an armoured surface in order to use the HEC-6 model to examine channel change. Good possibilities exist for use of a two layer model based on the Schoklitsch and the Einstein-Brown transport equations. In Einstein-Brown the D35 of the armour is used for stabilities and the D50 of the bed (sub-surface) is used for transport. Data on the armour and sub-surface size distribution needs to be obtained as part of a bed material study in a gravel bed river; a "shovel" sample is not adequate. The Meyer-Peter, Muller equation should not be applied to a gravel bed stream with an armoured surface to estimate the initiation of transport or for calculation of transport at low effective bed shear stress.

Characterizing Soil Lead Contamination Near Streams in Oakland, California

Science.gov (United States)

Tanouye, D.

2017-12-01

Lead (Pb) contamination of soils, groundwater, and surface waters is a major concern because of the potential health risks related to accumulation of high levels of lead in blood. This is a pervasive issue in many low-income neighborhoods throughout the United States, and is documented to be particularly acute in West Oakland, California. The fate and transport of lead in the environment is largely dependent on how it will bind to various solids and compounds in solution. These adsorption mechanisms are a principal aspect of metal dissolution and chemical speciation. Stream channels are natural drainage areas for urban runoff, and may represent a hot spot for increased levels of lead. This study evaluates the environmental conditions at 15 sites near streams in West Oakland using in-situ soil sampling with the handheld X-Ray Fluorescence (XRF) analyzer to measure concentrations of lead in soil. Results from this study suggest that the levels of lead in soils near stream channels are generally lower than the regional regulatory screening level of 80 milligrams per kilogram (mg/kg), but the highest concentrations are found near stream banks. The spatial distribution can be explained by a contaminant transport process related to the presence of fluvial channels.

Legacy effects of colonial millponds on floodplain sedimentation, bank erosion, and channel morphology, MID-Atlantic, USA

Science.gov (United States)

Schenk, E.R.; Hupp, C.R.

2009-01-01

Many rivers and streams of the Mid-Atlantic Region, United States (U.S.) have been altered by postcolonial floodplain sedimentation (legacy sediment) associated with numerous milldams. Little Conestoga Creek, Pennsylvania, a tributary to the Susquehanna River and the Chesapeake Bay, is one of these streams. Floodplain sedimentation rates, bank erosion rates, and channel morphology were measured annually during 2004-2007 at five sites along a 28-km length of Little Conestoga Creek with nine colonial era milldams (one dam was still in place in 2007). This study was part of a larger cooperative effort to quantify floodplain sedimentation, bank erosion, and channel morphology in a high sediment yielding region of the Chesapeake Bay watershed. Data from the five sites were used to estimate the annual volume and mass of sediment stored on the floodplain and eroded from the banks for 14 segments along the 28-km length of creek. A bank and floodplain reach based sediment budget (sediment budget) was constructed for the 28 km by summing the net volume of sediment deposited and eroded from each segment. Mean floodplain sedimentation rates for Little Conestoga Creek were variable, with erosion at one upstream site (-5 mm/year) to deposition at the other four sites (highest = 11 mm/year) despite over a meter of floodplain aggradation from postcolonial sedimentation. Mean bank erosion rates range between 29 and 163 mm/year among the five sites. Bank height increased 1 m for every 10.6 m of channel width, from upstream to downstream (R2 = 0.79, p scouring downstream. The floodplain and bank along the 28-km reach produced a net mean sediment loss of 5,634 Mg/year for 2004-2007, indicating that bank erosion was exceeding floodplain sedimentation. In particular, the three segments between the existing dam and the confluence with the Conestoga River (32% of the studied reach) account for 97% of the measured net sediment budget. Future research directed at understanding channel

Role of Foreign Banks in Integration of Banking Industry

Directory of Open Access Journals (Sweden)

Roman Šubić

2009-12-01

Full Text Available Dynamic development of financial industry in some last ten years that, considering the kind of financial agents, remained bank-oriented represents a suficient reason to investigate the causes that brought to the present structure of banking system. After having presented theoretical bases of the integration forms and banks connection, the paper analyzes the influence of foreign banks on the development of Croatian bank system. Thus, beside the knowledge of quantitative changes in the banking system, the paper researched the motivations of the banks regarding integration that, among other things, brought to creating the effects of scale and scope economies. However, the concentrations among banks can lead to creation of negative externalities that later become potential dangers for the banking. Pre-cognitions on development of banking system are used to create projection of future banking development while the data basis of the countries from the region enabled the comparative analysis of banks integration in these countries. The conclusion is that the foreign banks have been the largest promoters of bank integration in the Republic of Croatia contributing also to qualitative development of banking market and to deepening of financial market spectrum.

Analisis Perbandingan Bank Umum Konvensional Dan Bank Umum Syariah

OpenAIRE

Nuryati; Gendis Gumilar, Amethysa

2011-01-01

This study analyzes and compares the financial risk of the two types of commercial banks, namely conventional commercial bank and Islamic commercial bank. Analysis tools used in this study is to use financial ratios and dicriminant values (Z values). Analysis showed that the ratio of liquidity and solvability ratios higher islamic commercial bank than conventional commercial bank. Z values higher islamic commercial bank than conventional commercial bank. The commercial banks are in a state of...

PERAN BANK SENTRAL DALAM STABILITAS SISTEM KEUANGAN (SSK DAN IMPLEMENTASI JARING PENGAMAN SEKTOR KEUANGAN (JPSK

Directory of Open Access Journals (Sweden)

Suhartono Suhartono

2017-03-01

Full Text Available The Government and Bank Indonesia developed a framework for the Draft Law on theFinancial System Safety Net. The framework clearly specifi ed the tasks and responsibilities of the relevantinstitutions involved in the operation of the Safety Net. In principle, the Ministry of Finance wasresponsible for drafting legislation for the fi nancial sector and providing funds for crisis resolution.BI, the central bank, was responsible for safeguarding monetary stability, maintaining a sound bankingsystem and ensuring the secure and robust operation of the payment system. The DIC (DepositInsurance Corporation, on the other hand, had responsibility for guaranteeing bank customer depositsand resolution of problem banks. The Financial System Safety Net framework was set out in theDraft Law on the Financial System Safety Net, which was currently undergoing a consultation process.In this way, the Financial System Safety Net Law would provide a strong foundation for the fi nancialsystem stability policies and regulations to be established by the relevant authorities. The Draft Lawspecifi ed all components of the FSSN: (1 effective bank regulation and supervision; (2 lender of lastresort; (3 adequate deposit insurance scheme; and (4 effective mechanism for resolution of crisis.

Stability Dust-Ion-Acoustic Wave In Dusty Plasmas With Stream -Influence Of Charge Fluctuation Of Dust Grains

International Nuclear Information System (INIS)

Atamaniuk, Barbara; Zuchowski, Krzysztof

2006-01-01

There is a quickly increasing wealth of experimental data on so-called dusty plasmas i. e. ionized gases or usual plasmas that contain micron sized charged particles. Interest in these structures is driven both by their importance in many astrophysical as well as commercial situations. Among them are linear and nonlinear wave phenomena. We consider the influence of dust charge fluctuations on stability of the ion-acoustic waves when the stream of particles is present. It is assumed that all grains of dust have equal masses but charges are not constant in time-they may fluctuate in time. The dust charges are not really independent of the variations of the plasma potentials. All modes will influence the charging mechanism, and feedback will lead to several new interesting and unexpected phenomena. The charging of the grains depends on local plasma characteristics. If the waves disturb these characteristic, then charging of the grains is affected and the grain charge is modified, with a resulting feedback on the wave mode. In case considering here, when temperature of electrons is much greater then the temperature of the ions and temperature of electrons is not great enough for further ionization of the ions, we show that stability of the acoustic wave depends only one phenomenological coefficient

Voltage stability analysis using a modified continuation load flow ...

African Journals Online (AJOL)

This paper addresses the rising problem of identifying the voltage stability limits of load buses in a power system and how to optimally place capacitor banks for voltage stability improvement. This paper uses the concept of the continuation power flow analysis used in voltage stability analysis. It uses the modified ...

Is banking supervision central to central banking?

OpenAIRE

Joe Peek; Eric S. Rosengren; Geoffrey M. B. Tootell

1997-01-01

Whether central banks should play an active role in bank supervision and regulation is being debated both in the United States and abroad. While the Bank of England has recently been stripped of its supervisory responsibilities and several proposals in the United States have advocated removing bank supervision from the Federal Reserve System, other countries are considering enhancing central bank involvement in this area. Many of the arguments for and against these proposals hinge on the effe...

Monetary policy efficiency in the euro zone: some empirical evidence of money demand stability and endogeneity

Directory of Open Access Journals (Sweden)

Kapounek, S.

2010-12-01

Full Text Available The primary target of most central banks in developed economies is to maintain price stability. When there is no threat to the fulfilment of the primary target, the central bank focuses on its secondary target which is defined as support of a sustainable economic growth and full employment. Even though, a substantial part of the discussions regarding the targets of the central banks focus on price stability, the real target is to support a sustainable economic growth, especially to stabilize the fluctuation in the economic activity.This paper focuses on the current problems of monetary policy implementation in the Eurozone. Firstly, the author focus on the money demand function estimation and its stability. Another problem lies in the Postkeynesians´ assumptions of money endogeneity. Although central banks may have certain control over the money supply, they cannot fix the stock of money in a country. Different trends in monetary aggregates fluctuation contribute to reject the money exogeneity hypothesis.

A theory of two-stream instability in two hollow relativistic electron beams

International Nuclear Information System (INIS)

Uhm, H.S.

1993-01-01

Stability properties of two-stream instability of two hollow electron beams are investigated. The equilibrium configuration consists of two intense relativistic hollow electron beams propagating through a grounded conducting cylinder. Analysis of the longitudinal two-stream instability is carried out within the framework of the linearized Vlasov--Maxwell equations for the equilibrium distribution function, in which beam electrons have a Lorentzian distribution in the axial momentum. Dispersion relation of the longitudinal two-stream instability is derived. Stability criteria from this dispersion relation indicate that the normalized velocity difference Δβ between the beams should be within a certain range of value to be unstable. Growth rate of the instability is a substantial fraction of the real frequency, thereby indicating that the longitudinal two-stream instability is an effective means of beam current modulation. Transverse instability of hollow electron beams is also investigated. Dispersion relation of the coupled transverse oscillation of the beams is derived and numerical investigation of this dispersion relation is carried out. Growth rate of the kink instability is a substantial fraction of the diocotron frequency, which may pose a serious threat to the two-stream klystron

Differential geometric structures of stream functions: incompressible two-dimensional flow and curvatures

International Nuclear Information System (INIS)

Yamasaki, K; Iwayama, T; Yajima, T

2011-01-01

The Okubo-Weiss field, frequently used for partitioning incompressible two-dimensional (2D) fluids into coherent and incoherent regions, corresponds to the Gaussian curvature of the stream function. Therefore, we consider the differential geometric structures of stream functions and calculate the Gaussian curvatures of some basic flows. We find the following. (I) The vorticity corresponds to the mean curvature of the stream function. Thus, the stream-function surface for an irrotational flow and that for a parallel shear flow correspond to the minimal surface and a developable surface, respectively. (II) The relationship between the coherency and the magnitude of the vorticity is interpreted by the curvatures. (III) Using the Gaussian curvature, stability of single and double point vortex streets is analyzed. The results of this analysis are compared with the well-known linear stability analysis. (IV) Conformal mapping in fluid mechanics is the physical expression of the geometric fact that the sign of the Gaussian curvature does not change in conformal mapping. These findings suggest that the curvatures of stream functions are useful for understanding the geometric structure of an incompressible 2D flow.

Streaming instabilities of a non-neutral plasma with turning points

International Nuclear Information System (INIS)

Turner, L.; Finn, J.M.

1995-01-01

Streaming instabilities of a reflexing beam in a slab model of a beam Penning trap or an inertial electrostatic confinement device are studied. Particles may have turning points that may be between the walls. Linear theory is developed for the case in which the self-field cancels the external potential. If the electric field perturbation is odd about the center, these two-stream modes couple the slow waves on the two beams. Even modes consist of two classes: a class of two-stream modes and another class of complex-frequency modes, coupling the slow and fast waves on the same beam. The latter are unstable over a larger range than the two-stream modes. Thermal spread is stabilizing only when the thermal and streaming velocities are comparable. Numerical results for the general class of equilibria show both two-stream-like modes and oscillating modes

Risk and Performance – Purposes of Banking Supervison and Stability

OpenAIRE

Florea Drago?

2011-01-01

No organisation is immune to risk. Moreover, each organisation’s risks change constantly. Every organisation must learn to anticipate and prevent risk by identifying, measures, and controlling business. In this article we will show that banking risk management is an ever-changing process shaped by general factors, such as the institution objectives, financial trends, government regulation, internal structure, the maturity structure of assets and liabilities, and the size and source of the ris...

Regional Banks in the Russian Banking System

Directory of Open Access Journals (Sweden)

Mikhail Vitalyevich Leonov

2015-06-01

Full Text Available Despite the lack of a uniform definition of «a regional bank», problems of their activities are widely discussed in the context of increasing regulation of the banking sector and creation of conditions for accelerated development of certain regions. The author analyses the Russian-language scientific literature in order to define «a regional bank» and systematize its key differences from other commercial banks. The researcher shows that the allocation of regional banks in a separate group should be related to specific features of the environment and not by endogenous factors associated with the selection of activities and balance sheet structure. The low level of financial market development and concentration of specific undiversified risks are the principal qualifiers differentiating between regional banks and other credit institutions in Russia. As classification criteria the author uses following: spatial representation (the bank does not have structural subdivisions in Moscow and the ownership structure (among the bank’s owners there are no national and international financial groups that have a direct impact on the operations of the bank

Mobile banking: New trend in the contemporary banking sector

Directory of Open Access Journals (Sweden)

Sanader Dušica

2014-01-01

Full Text Available In the late 1990s and early 2000s, banking has undergone and is still undergoing some considerable changes, adjusting itself to the new circumstances and challenges in its environment. Modern information technologies have granted an opportunity to banks to expand their operations and adjust their offer of products and services, placing them through the new communication channels. The increasing reliance on mobile devices, especially the so-called smart phones, has facilitated the development of a new form of banking, known as mobile banking. Mobile banking is a specific channel of electronic banking, enabling clients to communicate with the bank via mobile devices. The bank's products and services are, thus, available to the clients at any time and at any place, and the banking sector is expected to perfectly understand the needs of today's clients, before implementing mobile banking. The research in this paper focuses on mobile banking, as a segment of electronic banking, which has developed under the influence of modern information technologies. The paper elaborates on the main characteristics of mobile banking, its advantages, but also its drawbacks that the banks and their clients are facing in the process of its utilization (or its implementation in practice. Moreover, the paper presents the trends of using mobile banking in the world and in Serbia, along with the tendencies for developing new services.

USE OF DIATOMS TO ASSES WATER QUALITY OF ANTHROPOGENICALLY MODIFIED MATYSÓWKA STREAM

Directory of Open Access Journals (Sweden)

Teresa Noga

2013-04-01

Full Text Available Matysówka stream is small, under 6 km long watercourse, which is a right-bank tributary of Strug River. In 2009–2011studies on the subject of diversity of diatom communities using diatom indices IPS, GDI and TDI for water quality assessment were conducted. On the stream 271 diatom taxa were identified, among which: Achnanthidium minutissimum var. minutissimum, Navicula cryptotenella, N. gregaria, N. lanceolata, N. tripunctata, Nitzschia linearis, N. pusilla, N. recta, Planothidium frequentissimum, Rhoicosphenia abbreviata were the most frequent. Middle and lower section of Matysówka stream was characterized by increased concentrations of phosphates, nitrites, ammonium, total phosphorus and nitrogen, BOD5. On the basis of diatom indices IPS and GDI waters were characterized as III–IV quality classes, while the TDI index revealed the worst water quality classes (IV–V.

Capital Regulation, the Cost of Financial Intermediation and Bank Profitability: Evidence from Bangladesh

Directory of Open Access Journals (Sweden)

Changjun Zheng

2017-04-01

Full Text Available In response to the recent global financial crisis, the regulatory authorities in many countries have imposed stringent capital requirements in the form of the BASEL III Accord to ensure financial stability. On the other hand, bankers have criticized new regulation on the ground that it would enhance the cost of funds for bank borrowers and deteriorate the bank profitability. In this study, we examine the impact of capital requirements on the cost of financial intermediation and bank profitability using a panel dataset of 32 Bangladeshi banks over the period from 2000 to 2015. By employing a dynamic panel generalized method of moments (GMM estimator, we find robust evidence that higher bank regulatory capital ratios reduce the cost of financial intermediation and increase bank profitability. The results hold when we use equity to total assets ratio as an alternative measure of bank capital. We also observe that switching from BASEL I to BASEL II has no measurable impact on the cost of financial intermediation and bank profitability in Bangladesh. In the empirical analysis, we further observe that higher bank management and cost efficiencies are associated with the lower cost of financial intermediation and higher bank profitability. These results have important implications for bank regulators, academicians, and bankers.

Links between riparian landcover, instream environment and fish assemblages in headwater streams of south-eastern Brazil

Science.gov (United States)

Cruz, Bruna B.; Miranda, Leandro E.; Cetra, Mauricio

2013-01-01

We hypothesised and tested a hierarchical organisation model where riparian landcover would influence bank composition and light availability, which in turn would influence instream environments and control fish assemblages. The study was conducted during the dry season in 11 headwater tributaries of the Sorocaba River in the upper Paraná River Basin, south-eastern Brazil. We focused on seven environmental factors each represented by one or multiple environmental variables and seven fish functional traits each represented by two or more classes. Multivariate direct gradient analyses suggested that riparian zone landcover can be considered a higher level causal factor in a network of relations that control instream characteristics and fish assemblages. Our results provide a framework for a hierarchical conceptual model that identifies singular and collective influences of variables from different scales on each other and ultimately on different aspects related to stream fish functional composition. This conceptual model is focused on the relationships between riparian landcover and instream variables as causal factors on the organisation of stream fish assemblages. Our results can also be viewed as a model for headwater stream management in that landcover can be manipulated to influence factors such as bank composition, substrates and water quality, whereas fish assemblage composition can be used as indicators to monitor the success of such efforts.

FRACTIONAL BANKING

OpenAIRE

Maria Klimikova

2010-01-01

Understanding the reasons of the present financial problems lies In understanding the substance of fractional reserve banking. The substance of fractional banking is in lending more money than the bankers have. Banking of partial reserves is an alternative form which links deposit banking and credit banking. Fractional banking is causing many unfavorable economic impacts in the worldwide system, specifically an inflation.

Nitrapyrin in streams: The first study documenting off-field transport of a nitrogen stabilizer compound

Science.gov (United States)

Woodward, Emily; Hladik, Michelle; Kolpin, Dana W.

2016-01-01

Nitrapyrin is a bactericide that is co-applied with fertilizer to prevent nitrification and enhance corn yields. While there have been studies of the environmental fate of nitrapyrin, there is no documentation of its off-field transport to streams. In 2016, 59 water samples from 11 streams across Iowa were analyzed for nitrapyrin and its degradate, 6-chloropicolinic acid (6-CPA), along with three widely used herbicides, acetochlor, atrazine, and metolachlor. Nitrapyrin was detected in seven streams (39% of water samples) with concentrations ranging from 12 to 240 ng/L; 6-CPA was never detected. The herbicides were ubiquitously detected (100% of samples, 28–16000 ng/L). Higher nitrapyrin concentrations in streams were associated with rainfall events following spring fertilizer applications. Nitrapyrin persisted in streams for up to 5 weeks. These results highlight the need for more research focused on the environmental fate and transport of nitrapyrin and the potential toxicity this compound could have on nontarget organisms.

"Strategic Giving" A Qualitative Analysis Study on Pattern of Philanthropic Portfolio in CSR of Malaysia's Domestic Commercial Banks

OpenAIRE

Yong, Ting Lan

2013-01-01

Banking industry is the backbone of a country economy. Disruption on the stability of this industry may result in economic crises as evidenced by the 1997-98 Asian economic crises and the 2007 sub-prime crisis. While good corporate governance including good business ethics are crucial in maintaining this stability, the role of social responsibility is equally important. Thus, this study will focus on Philanthropic Portfolio in CSR of 8 domestic commercial banks in Malaysia; a specific focus w...

Soil stabilization 1982

Science.gov (United States)

Barenberg, E. J.; Thompson, M. R.; Tayabji, S. D.; Nussbaum, P. J.; Ciolko, A. T.

Seven papers cover the following areas: design, construction and performance of lime, fly ash, and slag pavement; evaluation of heavily loaded cement stabilized bases; coal refuse and fly ash compositions; potential highway base course materials; lime soil mixture design considerations for soils of southeastern United States; short term active soil property changes caused by injection of lime and fly ash; soil cement for use in stream channel grade stabilization structures; and reaction products of lime treated southeastern soils.

Channel Bank Cohesion and the Maintenance of Suspension Rivers

Science.gov (United States)

Dunne, K. B. J.; Jerolmack, D. J.

2017-12-01

Gravel-bedded rivers organize their channel geometry and grain size such that transport is close to the threshold of motion at bankfull. Sand-bedded rivers, however, typically maintain bankfull fluid shear (or Shields) stresses far in excess of threshold; there is no widely accepted explanation for these "suspension rivers". We propose that all alluvial rivers are at the threshold of motion for their erosion-limiting material, i.e., the structural component of the river cross-section that is most difficult to mobilize. The entrainment threshold of gravel is large enough that bank cohesion has little influence on gravel-bed rivers. Sand, however, is the most easily entrained material; silt and clay can raise the entrainment threshold of sand by orders of magnitude. We examine a global dataset of river channel geometry and show that the shear stress range for sand-bedded channels is entirely within the range of entrainment thresholds for sand-mud mixtures - suggesting that rivers that suspend their sandy bed material are still threshold rivers in terms of bank material. We then present new findings from a New Jersey coastal-plain river examining if and how river-bank toe composition controls hydraulic geometry. We consider the toe because it is the foundation of the river bank, and its erosion leads to channel widening. Along a 20-km profile of the river we measure cross-section geometry, bed slope, and bed and bank composition, and we explore multiple methods of measuring the threshold shear stress of the the river-bank toe in-situ. As the composition of the river bed transitions from gravel to sand, we see preliminary evidence of a shift from bed-threshold to bank-threshold control on hydraulic geometry. We also observe that sub-bankfull flows are insufficient to erode (cohesive) bank materials, even though transport of sand is active at nearly all flows. Our findings highlight the importance of focusing on river-bank toe material, which in the studied stream is

Analisis Perbandingan Kinerja Pada Bank Nasional, Bank Campuran, Dan Bank Asing Yang Terdaftar Di Bursa Efek Indonesia

OpenAIRE

Angel, Christania Graciella

2014-01-01

Bank performance appraisal is based on bank financial report itself. The financial report can be form balance report which give information about the financial position to the outside of bank that can be used of eksternal to assess the level of risk exist in a bank. Based on ownership consist of national bank, mixture bank and foreign bank. These banks has tight compete to show a good performance to the public. This research aimed to analyze the financial performance difference of national ba...

CUSTOMER SATISFACTION WITH INTERNET BANKING IN PUBLIC AND PRIVATE BANK

OpenAIRE

Inder Pal Singh S/o Roop singh*, Dr. Payal Bassi

2017-01-01

E- Banking is about using the infrastructure for digital age to create opportunities, both local & global. IT enables the dramatic lowering of transaction cost and the creation of new types of banking opportunities that address the barriers of time and distance. Banking opportunities are local, global and immediate in e-banking. Internet banking has many advantages over other traditional banking delivery methods. Internet banking provides banks with an increased customer base, cost savings, m...

Electronic Banking And Bank Performance In Nigeria

African Journals Online (AJOL)

2013-03-01

Mar 1, 2013 ... deploying information Technology in banks therefore can ... profitability indices and other control of financial ..... impact of e-banking on bank profitability ..... [13] Nikolai L. and Bazlay J.D (1997) Intermediate Accounting, South-.

Expert advice and political choice in constructing European banking union

NARCIS (Netherlands)

Donnelly, Shawn

2016-01-01

International actors promoted the transfer of regulatory authority and financial resources from national governments to the European Union (EU) in the context of establishing the prerequisites for financial stability in Europe through banking union. It was supplied, however, by a political process

75 FR 20848 - Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Science.gov (United States)

2010-04-21

... Carolina, Seneca National Bank, Seneca, South Carolina, and The Peoples National Bank, Easley, South... FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C...

Electronic Banking And Bank Performance In Nigeria | Abaenewe ...

African Journals Online (AJOL)

This study investigated the profitability performance of Nigerian banks following the full adoption of electronic banking system. The study became necessary as a result of increased penetration of electronic banking which has redefined the banking operations in Nigeria and around the world. Judgmental sampling method ...

Stabilization and Solidification of Nitric Acid Effluent Waste at Y-12

Energy Technology Data Exchange (ETDEWEB)

Singh, Dileep [Argonne National Lab. (ANL), Argonne, IL (United States); Lorenzo-Martin, Cinta [Argonne National Lab. (ANL), Argonne, IL (United States)

2016-12-16

Consolidated Nuclear Security, LLC (CNS) at the Y-12 plant is investigating approaches for the treatment (stabilization and solidification) of a nitric acid waste effluent that contains uranium. Because the pH of the waste stream is 1-2, it is a difficult waste stream to treat and stabilize by a standard cement-based process. Alternative waste forms are being considered. In this regard, Ceramicrete technology, developed at Argonne National Laboratory, is being explored as an option to solidify and stabilize the nitric acid effluent wastes.

Recent and historic sediment dynamics along Difficult Run, a suburban Virginia Piedmont stream

Science.gov (United States)

Hupp, Cliff R.; Noe, Gregory B.; Schenk, Edward R.; Bentham, Adam J.

2012-01-01

Suspended sediment is one of the major concerns regarding the quality of water entering the Chesapeake Bay. Some of the highest suspended-sediment concentrations occur on Piedmont streams, including Difficult Run, a tributary of the Potomac River draining urban and suburban parts of northern Virginia. Accurate information on catchment level sediment budgets is rare and difficult to determine. Further, the sediment trapping portion of sediment budget represents an important ecosystem service that profoundly affects downstream water quality. Our objectives, with special reference to human alterations to the landscape, include the documentation and estimation of floodplain sediment trapping (present and historic) and bank erosion along an urbanized Piedmont stream, the construction of a preliminary sediment balance, and the estimation of legacy sediment and recent development impacts. We used white feldspar markers to measure floodplain sedimentation rates and steel pins to measure erosion rates on floodplains and banks, respectively. Additional data were collected for/from legacy sediment thickness and characteristics, mill pond impacts, stream gaging station records, topographic surveying, and sediment density, texture, and organic content. Data were analyzed using GIS and various statistical programs. Results are interpreted relative to stream equilibrium affected by both post-colonial bottomland sedimentation (legacy) and modern watershed hardening associated with urbanization. Six floodplain/channel sites, from high to low in the watershed, were selected for intensive study. Bank erosion ranges from 0 to 470 kg/m/y and floodplain sedimentation ranges from 18 to 1369 kg/m/y (m refers to meters of stream reach). Upstream reaches are net erosional, while downstream reaches have a distinctly net depositional flux providing a watershed sediment balance of 2184 kg/m/y trapped within the system. The amounts of both deposition and erosion are large and suggest

Recent and historic sediment dynamics along Difficult Run, a suburban Virginia Piedmont stream

Science.gov (United States)

Hupp, Cliff R.; Noe, Gregory B.; Schenk, Edward R.; Benthem, Adam J.

2013-01-01

Suspended sediment is one of the major concerns regarding the quality of water entering the Chesapeake Bay. Some of the highest suspended-sediment concentrations occur on Piedmont streams, including Difficult Run, a tributary of the Potomac River draining urban and suburban parts of northern Virginia. Accurate information on catchment level sediment budgets is rare and difficult to determine. Further, the sediment trapping portion of sediment budget represents an important ecosystem service that profoundly affects downstream water quality. Our objectives, with special reference to human alterations to the landscape, include the documentation and estimation of floodplain sediment trapping (present and historic) and bank erosion along an urbanized Piedmont stream, the construction of a preliminary sediment balance, and the estimation of legacy sediment and recent development impacts. We used white feldspar markers to measure floodplain sedimentation rates and steel pins to measure erosion rates on floodplains and banks, respectively. Additional data were collected for/from legacy sediment thickness and characteristics, mill pond impacts, stream gaging station records, topographic surveying, and sediment density, texture, and organic content. Data were analyzed using GIS and various statistical programs. Results are interpreted relative to stream equilibrium affected by both post-colonial bottomland sedimentation (legacy) and modern watershed hardening associated with urbanization. Six floodplain/channel sites, from high to low in the watershed, were selected for intensive study. Bank erosion ranges from 0 to 470 kg/m/y and floodplain sedimentation ranges from 18 to 1369 kg/m/y (m refers to meters of stream reach). Upstream reaches are net erosional, while downstream reaches have a distinctly net depositional flux providing a watershed sediment balance of 2184 kg/m/y trapped within the system. The amounts of both deposition and erosion are large and suggest

Central bank independence and its effect on money market stability

OpenAIRE

MSc. Anera Alishani

2012-01-01

Since 1990s many countries have moved toward greater central bank independence (CBI) by either amending their Central Bank’s laws or writing them de novo. Also countries of Western Balkans and many other transition countries have moved toward greater CBI. There are many potential benefits associated with greater CBI, and one of them is stable growth of money and liquidity. For a given level of money market development the hypothesis is that a more independent CB is likely to promote more stab...

12 CFR 211.22 - Interstate banking operations of foreign banking organizations.

Science.gov (United States)

2010-01-01

... 12 Banks and Banking 2 2010-01-01 2010-01-01 false Interstate banking operations of foreign banking organizations. 211.22 Section 211.22 Banks and Banking FEDERAL RESERVE SYSTEM BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM INTERNATIONAL BANKING OPERATIONS (REGULATION K) Foreign Banking...

75 FR 49493 - Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Science.gov (United States)

2010-08-13

... Peoples Bank and Trust Company, both of North Carrollton, Mississippi. B. Federal Reserve Bank of Dallas... FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C...

A Study of Segment Reporting Practices: Empirical Evidence from Romania�s Banks

Directory of Open Access Journals (Sweden)

Mariana Vlad

2016-07-01

Full Text Available Banking and capital market liberalization has substantially increased the level of information required to achieve financial stability, while providing useful information, appropriate to participants and their transactions has become essential for maintaining orderly and efficient markets. This requires banks to provide appropriate and timely information that will satisfy the requirements of every user of the banking and financial information. Disclosure provided by banks has gradually improved on the one hand by Basel Agreement, and on the other hand by the International Financial Reporting Standards. This paper investigates the adoption of IFRS 8 by the Romanian banks, providing a detailed image of the segment of information in accordance with this standard. The study shows that the primary format for segment reporting in banks is represented by the segmentation activities. At certain banks, because some operations carried out were not a subject to similar risks and benefits, both in terms of the economic environment and in terms of the type of activity, there has been no identification of segments which should be reported separately under the provisions of IAS 14 neither nor since applying IFRS 8.

PRIVATE BANKING AND WEALTH MANAGEMENT SERVICES OFFERED BY BANKS

OpenAIRE

IMOLA DRIGĂ; DORINA NIŢĂ; IOAN CUCU

2009-01-01

The paper examines the features of private banking business focusing on the substantial growth in private banking over the last decade as commercial banks have targeted upmarket high net worth individuals. The accumulation of wealth has prompted the development of private banking services for high net worth individuals, offering special relationships and investment services. Private banking is about much more than traditional banking services of deposits and loans. It's about providing a one-...

Banking contracts

OpenAIRE

Durčáková, Klára

2010-01-01

Resumé - Bank Contracts Bank Contracts are an integral part of our everyday lives. Citizen and bussines entities used bank contracts very often. Despite this fact we can't find legal definition in the Czech law. Banking contracts understand contracts that are signed by banks in their business activities and obligations under these contracts arise. While the banking contracts have been widely used, in Czech law there is not too much literature and judgements abou this issue. Lack of legislatio...

The role of multigelation in the development of river banks

Directory of Open Access Journals (Sweden)

Karol AUGUSTOWSKI

2013-03-01

Full Text Available The development of river banks is conditioned by a few factors: fluvial erosion, mass movements and subaerial processes. Many researchers believe that the subaerial phenomena are more preparatory processes to actual erosion than the erosion itself. Among the subaerial phenomena, freezing and thawing play a key role. Multigelation affects the stability and sustainability of river banks, not only in the northern reaches of Eurasia andNorth Americabut also in temperate latitudes. Susceptibility to change in bank morphology, however, is extremely selective. Within the same layer, at a distance of 1 metre the intensity of frost erosion can be very different. This is the result of many factors determining the rate of bank retreat. These include: the height of the bank, its structure and texture, physical and chemical properties of the material from which it is built, environmental conditions, soil moisture, water pressure in the pore spaces, porosity and density of the soil, organic matter content in the soil, temperature, vegetation, as well as thickness and duriation of snow cover. An important objective is therefore to show the differences in the rate of retreat of the river banks, and above all characterized by varying degrees of density and grain size of the material it is build of. 

Sediment denitrification and nitrification is enhanced by the presence of macrophytes in a restored agricultural stream, Black Earth Creek, WI USA

Science.gov (United States)

Restoration of habitats that support microbial processing can enhance nitrate removal in agricultural streams. Macrophytes are common both in-stream and in the wetted fringe of agricultural stream systems, but are often removed in restoration to increase stream velocity or stabil...

Internet Banking integration within the banking system

OpenAIRE

Constantin Marian MATEI; Catalin Ionut SILVESTRU; Dragos Stefan SILVESTRU

2008-01-01

Internet Banking developed due to increasing demand of online banking transactions. The biggest advantages of Internet Banking consist of complex banking solutions, 24 hours availability, quick and secure access to the back-end application through Internet. These advantages are due to the use of SOA (service-oriented architecture). SOA appeared as a necessity of companies to integrate big and independent portions of applications, in order to obtain an homogeneous functionality of the system....

Political and Economic Geomorphology: The Effect of Market Forces on Stream Restoration Designs

Science.gov (United States)

Singh, J.; Doyle, M. W.; Lave, R.; Robertson, M.

2013-12-01

Stream restoration in the U.S. is increasingly driven by compensatory mitigation; impacts to streams associated with typical land development activities must be offset via restoration of streams elsewhere. This policy application creates conditions in which restored stream ';credits' are traded under market-like conditions, comparable to wetland mitigation, carbon offsets, or endangered species habitat banking. The effect of this relatively new mechanism to finance stream restoration on design and construction is unknown. This research explores whether the introduction of a credit-based mitigation apparatus results in streams designed to maximize credit yields (i.e., ';credit-chasing') rather than focusing on restoring natural systems or functions. In other words, are market-based restored streams different from those designed for non-market purposes? We quantified geomorphic characteristics (e.g. hydraulic geometry, sinuosity, profile, bed sediment, LWD) of three types of streams: (1) a random sample of non-restored reaches, (2) streams restored for compensatory mitigation, and (3) streams restored under alternative funding sources (e.g., government grant programs, non-profit activities). We also compared the location of the types of stream reaches to determine whether there is a spatiality of restored streams. Physical data were complemented with a series of semi-structured interviews with key personnel in the stream restoration industry to solicit information on the influence of policy interpretation and market-driven factors on the design process. Preliminary analysis suggests that restoration is driving a directional shift in stream morphology in North Carolina. As a simple example, in the Piedmont, non-restored and restored channels had mean sinuosity of 1.17 and 1.23, respectively (p sale of restored stream credits, was seen as critically important rather than the marginal gains to be made by manipulating particular stream designs to glean more credits

Bank erosion along the dam-regulated lower Roanoke River, North Carolina

Science.gov (United States)

Hupp, C.R.; Schenk, E.R.; Richter, J.M.; Peet, Robert K.; Townsend, Phil A.

2009-01-01

Dam construction and its impact on downstream fluvial processes may substantially alter ambient bank stability and erosion. Three high dams (completed between 1953 and 1963) were built along the Piedmont portion of the Roanoke River, North Carolina; just downstream the lower part of the river flows across largely unconsolidated Coastal Plain deposits. To document bank erosion rates along the lower Roanoke River, >700 bank-erosion pins were installed along 66 bank transects. Additionally, discrete measurements of channel bathymetry, turbidity, and presence or absence of mass wasting were documented along the entire study reach (153 km). A bank-erosion- floodplain-deposition sediment budget was estimated for the lower river. Bank toe erosion related to consistently high low-flow stages may play a large role in increased mid- and upper-bank erosion. Present bank-erosion rates are relatively high and are greatest along the middle reaches (mean 63 mm/yr) and on lower parts of the bank on all reaches. Erosion rates were likely higher along upstream reaches than present erosion rates, such that erosion-rate maxima have since migrated downstream. Mass wasting and turbidity also peak along the middle reaches; floodplain sedimentation systematically increases downstream in the study reach. The lower Roanoke River isnet depositional (on floodplain) with a surplus of ??2,800,000 m3yr. Results suggest that unmeasured erosion, particularly mass wasting, may partly explain this surplus and should be part of sediment budgets downstream of dams. ?? 2009 The Geological Society of America.

75 FR 5322 - Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Science.gov (United States)

2010-02-02

... FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. [thinsp]225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire a bank or bank...

75 FR 3904 - Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Science.gov (United States)

2010-01-25

... FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. [thinsp]225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire a bank or bank...

75 FR 9414 - Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies

Science.gov (United States)

2010-03-02

... FEDERAL RESERVE SYSTEM Change in Bank Control Notices; Acquisition of Shares of Bank or Bank Holding Companies The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and Sec. [thinsp]225.41 of the Board's Regulation Y (12 CFR 225.41) to acquire a bank or bank...

Central bank capital, financial strength, and the Bank of Japan

OpenAIRE

Thomas F. Cargill

2006-01-01

This Economic Letter addresses central bank capital and financial strength in the context of Bank of Japan policy (Cargill 2005). Specifically, it reviews general considerations about central bank capital and financial strength, discusses recent Bank of Japan policy in the context of capital structure, evaluates the Bank of Japan's concern in the context of the broader issue of central bank independence, and draws some lessons from recent Bank of Japan policy.

THE USE OF GEOMORPHOLOGY AND STREAM STABILITY IN THE ASSESSMENT OF THE RISK OF STREAM IMPAIRMENT FROM SEDIMENT

Science.gov (United States)

The evaluation of the current condition is critical to the management of streams impaired by sediment and other non-point source stressors, which adversely affect both physical habitat and water quality. Several rating and classification systems based on geomorphic data exist for...

2007 Stability, Security, Transition and Reconstruction Operations Conference

Science.gov (United States)

2007-11-28

narcotics Foster sustainable economy U.S.PRT tasks Jalalabad June 2007 Who can respond to which challeges ? 2. Battlespace or Humanitarian Space...Education Integrated Interagency Stabilization and Reconstruction Training Plug and Play System Lessons Learned from the Field USAID NGOs World Bank ...World Bank , IMF? Expanding the Focus… At the US and NATO Strategic/Operational Level Enhanced/new structures and procedures to improve: Interaction

Stability Analysis of Tunnel-Slope Coupling Based on Genetic Algorithm

Directory of Open Access Journals (Sweden)

Tao Luo

2015-07-01

Full Text Available Subjects in tunnels, being constrained by terrain and routes, entrances and exits to tunnels, usually stay in the terrain with slopes. Thus, it is necessary to carry out stability analysis by treating the tunnel slope as an entity. In this study, based on the Janbu slices method, a model for the calculation of the stability of the original slope-tunnel-bank slope is established. The genetic algorithm is used to implement calculation variables, safety coefficient expression and fitness function design. The stability of the original slope-tunnel-bank slope under different conditions is calculated, after utilizing the secondary development function of the mathematical tool MATLAB for programming. We found that the bearing capacity of the original slopes is reduced as the tunnels are excavated and the safety coefficient is gradually decreased as loads of the embankment construction increased. After the embankment was constructed, the safety coefficient was 1.38, which is larger than the 1.3 value specified by China’s standards. Thus, the original slope-tunnel-bank slope would remain in a stable state.

Islamic banking

OpenAIRE

Pak, Viktoriya

2010-01-01

The thesis is focused on introduction of Islamic banking system. Morover part of the work is devoted to a detailed description of the history of Islamic banking, on explanation of the principles on which the banking system is based. Also are analyzed in detail the basic Islamic banking products. And at the end are presented the advantages and disadvantages of the Islamic banking system.

Financial distress in Brazilian banks: an early warning model,

Directory of Open Access Journals (Sweden)

Paulo Sérgio Rosa

2017-12-01

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