Search results for "Financing"
showing 10 items of 96 documents
EXPLORATION, EXPLOITATION AND INCENTIVES TO INNOVATE: THE DISCIPLINING ROLE OF DEBT
2014
Extant research suggests that when compared to equity, debt financing is less conducive to innovation activities. In this paper we challenge this view by suggesting that although equity sustains innovation by allowing risk-taking and experimentation, it may also encourage the pursuit of exploration at the expense of exploitation. Under these circumstances, the stricter governance associated with debt becomes important as it stimulates managers to shift resources towards exploitation in order to mitigate risk and improve short-term pay-offs. In support of these arguments our empirical analysis shows that, while leverage has a negative impact on standard measures of innovation quantity and qu…
Policy on palliative care in the WHO European region: an overview of progress since the Council of Europe’s (2003) recommendation 24
2015
Background: With the goal of achieving greater unity and coherence, the Council of Europe developed a national palliative care (PC) policy framework—Recommendation (2003) 24. Although directed at member states, the policy spread to the wider World Health Organisation (WHO) European Region. This article aims to present the current situation relating to national PC health policies in European countries. Methods: A cross-sectional survey was conducted in 53 European countries of the WHO European Region. Relevant data reported (i) the existence of official documents concerning the provision of PC; (ii) the role of health departments and policymakers in the evaluation of PC provision and (iii) t…
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 …
Who is willing to pay for science? On the relationship between public perception of science and the attitude to public funding of science.
2012
This article examines the relationship between the general public's understanding of science and the attitude towards public funding of scientific research. It applies a multivariate and discriminant analysis (Wilks' Lambda), in addition to a more commonly used bivariate analysis (Cramer's V), to data compiled from the Third National Survey on the Social Perception of Science and Technology in Spain (FECYT, 2006). The general conclusion is that the multivariate analysis produces information complementary to the bivariate analysis, and that the variables commonly applied in public perception studies have limited predictive value with respect to the attitude towards public funding of scientif…
Financing systems for intermediate government levels in Spain
1999
Regional development of Romania – a premise for better project financing
2018
The article approaches important aspects regarding the regional development process in Romania in direct correlation with the European Union views and directives in this field. This paper argues that regionalization implies a new reorganization of Romania in view of a balanced development and to increase the absorption of European Funds, which consequently engages regional development, the development of local communities and the decentralization of public administration. Furthermore, in this paper we present the consistency issue concerning the request for territorial- administrative development in Romania, as it originates from the strategic documents, namely the "National Plan of Governa…
Cost and Financing of Education and its Impact on Coverage and Quality of Services and Efficiency and Equity in Sub-Saharan African Countries
2007
07052; In this chapter, we take mostly an international comparative perspective limited to Sub-Saharan African countries. First, we analyse first the macro picture and the public finance dimension, analyzing the systemic choices made in the distribution of public resources across levels and types of education. Second, we move to unit cost estimates and the factors accounting for their level in a given country and to their variation across the different countries of the region. Finally, we examine the implication of the choices made in the financial dimension upon outcomes (coverage and quality of educationl services), birnging issues of efficiency and equity into the analysis.
Kierunki modernizacji sieci kolejowej
2017
Opracowanie przedstawia kierunki modernizacji sieci kolejowej Polski w latach 2003-2017. Długość sieci kolejowej w kraju ulega zmniejszeniu. Zachodzi proces likwidacji linii i zawieszenia przewozów kolejowych. W kraju modernizowane są główne linie magistralne. Na modernizację składają się: wymiana torów, przebudowa trakcji elektrycznej i wprowadzenie nowoczesnych systemów sterowania ruchem i sygnalizacji (ECTS). Przebudowie ulęgają linie kolejowe o znaczeniu tranzytowym zaliczane do europejskiego układu połączeń kolejowych w ruchu pasażerskim (umowa AGC) i towarowym (umowa AGTC). Projekty modernizacji linii kolejowych są finansowane ze środków europejskich i krajowych. Główne źródła finanso…
Zróżnicowanie oferty instytucji kultury jako efekt dywersyfikacji źródeł ich finansowania
2015
Współcześnie można zaobserwować odejście od postrzegania kultury jedynie przez pryzmat wartości autotelicznych i dostrzeganie w niej walorów bardziej użytkowych. Wskutek tego procesu kulturę zaczęto postrzegać jako dźwignię rozwoju społecznego w bardzo zróżnicowanych wymiarach - począwszy od budowy kompetencji, poprzez tworzenie więzi lokalnych i wsparcia dla wykształcania się podmiotowej tożsamości, na kreowaniu spójności społecznej skończywszy. Jednocześnie instytucje kultury często borykają się z problemem ograniczonych zasobów finansowych koniecznych do pełnienia funkcji, do której zostały powołane. Celem artykułu jest przedstawienie możliwości finansowania instytucji kultury w kontekśc…