Search results for " Restructuring"
showing 10 items of 50 documents
Driving Through Neoliberalism : Finnish Truck Drivers Constructing Respectable Male Worker Subjectivities
2017
This chapter analyses how Finnish male truck drivers (re)produce themselves as respectable male workers in the face of the recent economic, technological and institutional transformations impacting the European haulage sector. The investigation is based on ethnographic data which are produced by riding along on assignments with ten male Finnish truck drivers in the period 2012–2016. The analysis shows how truck drivers’ independence and value in the work process has become challenged and how truckers experience being occupationally stigmatized. The study argues, however, that while economic restructuring undermines some components of traditional forms of working-class masculinity, masculine…
Stochastic debt sustainability analysis for sovereigns and the scope for optimization modeling
2017
We argue that sovereign debt sustainability analysis must be augmented by stochastic correlated risk factors and a risk measure to capture tail effects. Crisis situations can thus be adequately specified and analyzed with sufficient accuracy to warrant the relevance of policy decisions. In this context there is significant scope for optimization modeling for both strategic planning and operational management. We discuss diverse aspects of the problem of debt sustainability and highlight modeling approaches that can be brought to bear on the problem. Results with the fictitious, but nor unrealistic, Kingdom of Atlantis, which is sinking under excessive debt, illustrate the proposed models.
Wybrane kierunki rozwoju polskiej teorii i praktyki resocjalizacji
2020
The purpose of this article is to present scientiR c papers setting the development direction of social rehabilitation theory and practice in Poland. e presentation begins with the classic± theory of Czesław Czapów, the creator of the Warsaw school of social rehabilitation, because this theory has been used in practice and continues to inspire young generation researchers. Most space was devoted to cognitivist-oriented resocialization, using the principles of cognitive-behavioral therapy. Dynamically developing social rehabilitation based on the paradigm of positivity was also presented, including the concept of resilience and the concept of creative resocialization, which postulate worki…
How viable are spanish credit cooperatives after recent bank capitalization and restructuring regulations?
2011
Over the past three years, major reforms have been approved in Spain in order to restructure the banking sector. The purpose of these reforms has been to reinforce the solvency of credit institutions through recapitalization and integration into larger organizations. The credit cooperatives have not presented any solvency problems which would justify these measures being applied to them. The problem that the financial authorities see in their case is their limited size. As a result, the credit cooperatives are immersed in an integration process which is not revolving around the Banco Cooperativo Español (BCE) or the Spanish Association of Rural Savings Banks, as might be expected, but is ta…
The Crises Management faced with new Challenges
2008
We witness an economic crisis without precedent that affects every area of our existence, rich and poor, at a global scale. The noise of financial crisis makes us no longer perceive other crises, which no one seems ready to accept them, namely a crisis of values that proliferate in our society. The experience of the past crises shows that the recession affecting mainly local companies, multinational companies managed to make profits during hard times for the economy of the host country, and the management is put in front of new challenges.
Contingent Convertible Bonds for Sovereign Debt Risk Management
2018
Abstract We consider convertible bonds that contractually stipulate payment standstill, contingent on a market indicator of a sovereign’s credit worthiness breaching a distress threshold. This financial innovation limits ex ante the likelihood of debt crises and imposes ex post risk sharing between creditors and the debtor. Drawing from literature on contingent contracts, neglected risks, and bank CoCo, we extend prevailing arguments in favor of sovereign CoCo (S-CoCo). We discuss issues relating to their design: which market trigger, market discipline and sovereign incentives, and errors of false alarms or missed crises, and provide supporting evidence with eurozone data and a simple simul…
The acceptability of an Internet-based self-help treatment for fear of public speaking
2009
ABSTRACT Several randomised controlled studies have shown the efficacy of Internet-based self-help treatments. These studies have centred their attention on axis I (efficacy) of the Guidelines for Empirically Validated Treatments, although there are a few studies that also take into account axis II (effectiveness). The aim of the present work was to test the acceptability of an Internet-based self-help program for fear of public speaking and to compare its acceptability with the same treatment administered by a therapist. Fifty-two participants suffering from social phobia were randomly selected to take part in one of these treatments. All participants reported being satisfied with the trea…
Observacions sobre la posició dels subjectes postverbals en català i castellà
2007
This is a comparative study of the different positions of postverbal subjects in two closely related languages that nevertheless show clear differences in this respect. The comparative study will allow us to reject the idea that postverbal subjects in Romance languages are in a unique in situ position Spec VP as has been proposed recently (Motapayane1995, Ordóñez 1998, Costa 2000, Alexiadou i Anagnostopoulou 2001, Cardinaletti 2001). On the contrary, this study will show clearly that there is a need for two positions for postverbal subjects in order to understand the parametric differences between Catalan and Spanish. The general hypothesis will be that the subjects can access a higher Spec…
Società in house e crisi d’impresa alla luce dell’art. 14 TUSP
2021
The article analyzes the content of Article 14 TUSP (i.e. the Italian Law on Publicly Owned Companies), affirming its applicability also to in-house companies. Particular attention is paid to the regulation of the recovery / restructuring plans mentioned therein and to the interrelationships existing between the latter and the similar (but different) institution of the “certified recovery plans” mentioned by the current Article 67, paragraph 3, lett. d), Bankruptcy Law. Further considerations are addressed to the possibility that theabovementioned recovery plan contemplates the sale of the public shareholdings held by the parent company in the in-house company. Finally, a concise concluding…
Economic Crises, Sovereign Debt Restructurings and the Shifting Landscape of International Investment Law
2016
International audience