Search results for " Strategy"
showing 10 items of 764 documents
Macroeconomic Impact of Pension System Upon Private Pension Funds Scheme. Empirical Evidence from Central and Eastern European Countries
2021
Abstract The significance of retirement savings and private pension funds increased in the latest decades and gathered important amounts of capitals. The purpose of this paper is to investigate the macroeconomic effects of pension systems from an investment perspective in five Central and Eastern European countries. The analyzing process regarding several underlying macroeconomic effects of pension systems started from the premises that there is a strong connection between the structure of pension systems, the national economy and the development of the financial sector. The econometric tests were processed and applied by using pool data regression models and the method Pooled Instrumental …
More firms, more competition? The case of the fourth operator in France's mobile phone market
2010
Accepted, Forthcoming; International audience; To foster competition the French government authorized a fourth operator, ‘Free', to enter the country's mobile phone market at the end of 2009 alongside Orange, SFR and Bouygues Telecom (BT), who held respectively one-half, one-third and one-sixth of the market. By using a stylized model of France's phone market, we have examined what we call the regulator's nightmares and dreams. If Cournot competition is in place before Free's entry, minimizing the total profit fails to maximize the consumer surplus and the total surplus; the maximum most realistic price fall is 6.7% compared to three-way competition and could be 1.7% only; if Orange, SFR an…
Natural versus manufactured capital: win–lose or win–win? A case study of the Finnish pulp and paper industry
2001
Abstract The effect of investments on environmental variables has been discussed through the win–win rhetoric, specifically in micro-level analysis. On the macro-level the win–win rhetoric has been replaced by the arguments for and against the substitutability of natural and manufactured capital. Here these two concepts belonging to different levels of analysis are linked by looking at the environmental and economic effects of chosen investment strategies in a traditionally capital-intensive industry over time. The paper shows that, rather than generalise the existence of win–win situations or the substitutability of capital, these positions are determined by purely situational factors. As …
‘Experimental Union’ and Baltic Sea cooperation: the case of the European Union’s Strategy for the Baltic Sea Region (EUSBSR)
2018
In the past, Baltic Sea cooperation has been characterized by a plethora of actors, embracing a wide range of policy objectives, such as the establishment of a good environmental status for the regional sea. In 2009, the European Council endorsed the European Union’s (EU) Strategy for the Baltic Sea Region (EUSBSR) as a new tool in the repertoire of Cohesion Policy and European Territorial Cooperation (ETC). The EUSBSR seeks to foster cross-sectoral coordination and functional cooperation in policy areas of ‘macro-region-level’ relevance, such as transport infrastructure, economic development and environmental protection – thus projecting a ‘soft space’ of transnational Baltic Sea cooperati…
The Strategy Used by High-Performing Asian Economies in Education : Some Lessons for Developing Countries
1998
International audience; The paper examines the main features of the educational policies followed over the last three decades by high-performing Asian economies. The educational strategy is contrasted with that of the other countries located in the same region. The issues analyzed concern the emphasis placed on the different levels of schooling, the choices made in terms of quantity and quality of education, the schemes used to finance education at the different levels and the choice of school inputs toward efficiency and equity.
Unrelated knowledge combinations: the unexplored potential for regional industrial path development
2018
The paper engages in a critical discussion of the related variety regional branching argument and foregrounds a more differentiated perspective on regional industrial path development. It contributes by i) sharpening the definition of key concepts, namely specialisation and diversity, related and unrelated variety, ii) discussing their relevance in local and non-local spaces, iii) scrutinizing related variety as source for regional branching, and iv) developing a conceptual framework capturing the opportunity space for regional structural change that unveils the relevance of path upgrading, path importation, path branching, path diversification, and new path creation as different forms of…
Sharing economy and incumbents' pricing strategy: The impact of Airbnb on the hospitality industry
2019
Abstract In this paper, we examine how the emergence of sharing economy platforms influences incumbents' price responses. Grounding on the literature on price reactions to new entrants and on the unique characteristics of the sharing economy, we argue that the effect of the penetration of the sharing economy on incumbents' prices is not straightforward, and actually depends on the type of incumbents as well as certain product/service offer characteristics. Indeed, relying on a large sample of hotel price offerings from the Italian market, we find that the effect of the growing relevance of the sharing economy (exemplified by Airbnb) on incumbents' prices depends on the type of incumbents (l…
The European Union’s Development Policy: A Balancing Act between ‘A More Comprehensive Approach’ and Creeping Securitization
2016
More than a decade after the release of the European Security Strategy (ESS) in 2003, its affirmation that development and security policy should work together is still one of its most discussed features. The vision of a more comprehensive — if not integrated — approach to security and development was underwritten by substantial changes to the EU’s external relations bureaucracy following the 2009 Lisbon Treaty. This ambition raises several important questions regarding the potential ‘securitization’ of EU development policy and foreign aid. Have security concerns had a growing influence on EU development policy and aid allocation? Do key concepts that have become prominent since the ESS wa…
Didactic proposal to change misconceptions about the contribution of the fusion of the ice to the rise in sea level
2020
En la actualidad existen muchos estudios acerca del conocimiento teórico de la población sobre el cambio climático. Los resultados de estos estudios muestran la existencia de confusiones e ideas alternativas respecto a determinados fenómenos y conceptos básicos de gran importancia, las cuales constituyen un serio obstáculo para el aprendizaje en educación ambiental. En este trabajo se analiza una de esas ideas, relacionada con el impacto directo que tiene la fusión del hielo flotante en el aumento del nivel del mar. Concretamente, se muestra una primera aproximación respecto a su extensión y fortaleza entre alumnado de secundaria y profesorado en formación, detallando a su vez una estrategi…
Unaccompanied foreign minors in the Italian context: From legal order to networking in educational services
2016
As the result of armed conflict, poverty or natural disasters, many children move away from their families and culture of origin. In 2014, in Italy, the number of unaccompanied foreign minors was approximately 11,000. They represent the most vulnerable of the migration phenomenon and for this reason, in December 2013, the Directorate General of Immigration and Integration Policy of the Ministry of Labour and Social Policy, adopted new guidelines for policies on reception, repatriation and effective integration arrangements of unaccompanied foreign minors. It is possible to promote the implementation of the opportunities aimed at the children concerned activating a networking that involve Na…