Search results for "Financing"

Health sector spending and spending on HIV/AIDS, tuberculosis, and malaria, and development assistance for health: progress towards Sustainable Devel…

2020

BACKGROUND: Sustainable Development Goal (SDG) 3 aims to "ensure healthy lives and promote well-being for all at all ages". While a substantial effort has been made to quantify progress towards SDG3, less research has focused on tracking spending towards this goal. We used spending estimates to measure progress in financing the priority areas of SDG3, examine the association between outcomes and financing, and identify where resource gains are most needed to achieve the SDG3 indicators for which data are available. METHODS: We estimated domestic health spending, disaggregated by source (government, out-of-pocket, and prepaid private) from 1995 to 2017 for 195 countries and territories. For …

Outsourcing within the Nordic context: Care services for older people in Finland.

2018

The early 1990s economic setback brought significant reforms favoring the outsourcing of care in Finnish municipalities. Here, outsourcing refers to the practice of municipalities employing private organizations through different means (e.g., open tendering) to deliver public care services. In this context, this study examines the growth in the outsourcing of service housing and home-help services in 311 municipalities from 2001 to 2015 and investigates the municipal factors associated with outsourcing using four dimensions: care needs, population size, economic situation, and political ideology of the municipality. The findings reveal a steep increase in the outsourcing of home-help and se…

Excluding the Poor : globalisation and educational systems

2002

02062; International audience; The article starts from the fact that one billion adults are illiterate world-wide, that more than 100 million children of school age are not schooled, and that the democratisation of the access to education is often only rhetorical. On the basis of available statistics it tackles successively three questions. First, who finances education and how much do they spend? Secondly, what resources or means are devoted to the education of an individual, and how can these data be evaluated. And finally, do the inequalities between individuals, social groups or nations tend to de- or increase with respect to education access. It will be shown that, for example, in deve…

Financing systems for intermediate government levels in Spain

1999

Life-cycle effects in small business finance

2017

This paper studies the life-cycle profiles of small firms’ cost and use of credit using a panel of Finnish firms. The choice of method matters for the conclusions drawn about the relationship between firm age and financing costs; the cross-sectional age profiles of financing costs are hump-shaped and consistent with hold-up theories, whereas methods that control for cohort fixed effects demonstrate that the financing costs decrease monotonically as the firms mature. The life-cycle profiles of the use of credit also indicate that firms are more dependent on financial intermediaries in the early periods of their lives. Furthermore, the cohorts born during recessions pay higher financing costs…

On the drivers of successful crowdfunding: The case of the platform Verkami

2021

This article analyzes the determinants of successful crowdfunding initiatives using a sample of 5,251 projects from the reward-based Spanish platform Verkami. In contrast to most of the literature that has measured success with a dichotomous variable, we approach success with a continuous one, namely the ratio of achievement, which is measured as the obtained resources over the total amount requested by the promoter. We consider a set of potential determinants of success, which are theoretically well-grounded and cover a variety of spheres related to project features. Results suggest that factors related to the signaling theories such as partnership, having previous experience and interact…

Is There Real Freedom of School Choice?: An Analysis from a Study in Chile1

2018

Between 1981 and 1990, Chile began to implement an education reform based on school choice and a financing system through vouchers. In theory, the system ensures complete freedom of choice of school by families. This article attempts to identify the existence of factors that conditioned the enrollment process in different types of schools existing nowadays in the Chilean educational system, the largest quasi-market of Latin America. Results show a social stratification and separation by schools and indicate how geographical distance and social composition are the most critical factors for families when choosing a school.

Stand der Forschung im Bereich der Bildungsökonomie : Allgemeine Übersicht und französische Situation

1994

Benner, Dietrich [Hrsg.]; Lenzen, Dieter [Hrsg.]: Bildung und Erziehung in Europa. Beiträge zum 14. Kongreß der Deutschen Gesellschaft für Erziehungswissenschaft vom 14.-16. März 1994 in der Universität Dortmund. Weinheim u.a. : Beltz 1994, S. 135-148. - (Zeitschrift für Pädagogik, Beiheft; 32)

Public Financing Support Options to Micro-Enterprises for Innovation

2020

Innovation related to the technological advances of entrepreneurship are essential in Industry 4.0. The availability of sufficient funding is one of the factors promoting innovations in companies. Therefore the issue of access to finance remains relevant. The study investigates the availability of public financial support for micro-enterprises - the largest enterprise category in Latvia (approximately 94%), focusing on those for whom the introduction of innovations is essential for their growth. In an ad hoc survey of companies registered in Latvia in nationally defined sectors, entrepreneurs disclosed their sources of funding over the three-year period: 2015-2017. Valid responses from 2511…

Risk Management for Sovereign Financing within a Debt Sustainability Framework

2018

The mix of instruments used to finance a sovereign is a key determinant of debt sustainability through its effect on funding costs and risks. We extend standard debt sustainability analysis to incorporate debt-financing decisions in the presence of macroeconomic, financial, and fiscal risks. We optimize the maturity of debt instruments to trade off borrowing costs with refinancing risk. Risk is quantified with a coherent measure of tail risk of financing needs, conditional Flow-at-Risk. A constraint on the pace of reduction of debt stocks is also imposed, and we model the effect of debt stocks on the yield curve through endogenous risk and term premia. On a simulated economy, we show that t…