Search results for "Operation"
showing 10 items of 2969 documents
Impacts of COVID-19 and pandemic control measures on public transport ridership in European urban areas – The cases of Vienna, Innsbruck, Oslo, and A…
2021
The study uses the case of two regions with small and medium sized cities (Agder in Norway and the greater Innsbruck area in Austria) and two European capitals, Vienna and Oslo, to showcase the impact of the COVID-19 pandemic on public transport ridership in northern and central Europe. The comprehensive timeline of actions taken by governments and public transport providers in Austria and Norway, and their impact on public transport ridership in the first and second waves of the pandemic form the basis of a descriptive study. Comparing the data, a strong negative impact on the public transport patronage in the first wave of the pandemic was found, despite a comparable low number of cases p…
Risk Management for Sustainable Sovereign Debt Financing
2021
We model sovereign debt sustainability with optimal financing decisions under macroeconomic, financial, and fiscal uncertainty, with endogenous risk and term premia. Using a coherent risk measure we trade-off debt stock and flow risks subject to sustainability constraints. We optimize static and dynamic financing strategies and demonstrate economically significant savings from optimal financing compared with simple rules and consols, and find that optimizing the trade-offs can be critical for sustainability. The model quantifies minimum refinancing risk and maximum rate of debt reduction that a sovereign can achieve given its economic fundamentals, and an extension identifies optimal timing…
Corruption and managing the project cycle : the role of corrupt practices in NGO funding in Pakistan
2013
This Master’s thesis research explores the role of corrupt practices in development projects implemented by local NGOs in Pakistan. The intention is not to expose particular cases of corruption, but to study corruption risks and vulnerabilities in different phases of the project cycle and financial management (budgeting, accounting, financial reporting and auditing). It also explores other program support functions, i.e. procurement and human resources, and their vulnerability to corruption. The contribution of this study to academic literature is increasing awareness of NGO corruption and its different forms in Pakistan from the project management point of view. This is a qualitative study…
Corruption in banks: A bibliometric review and agenda
2020
Abstract This paper is a bibliometric review of 819 articles, between 1969 and 2019, on corruption in banks. We identified six research streams: (1) the determinants of banks’ lending corruption; (2) the impact of corruption on banks’ lending and operational risk; (3) the impact of bank corruption on firms; (4) the impact of political connections on bank corruption; (5) the impact of corporate governance and regulations on bank corruption; and (6) the manipulation of the inter-bank offered rate. We recommend an anti-corruption architecture system and an extension in theoretical frameworks related to corruption in banks. We propose 20 future research questions.
Suitability of the ASA Model in Nigeria
2010
This paper looks at the lending methodology adopted by ASA International in Nigeria and how the model is suited for operations within the Nigerian microfinance sector. It begins by examining the critical success factors that contribute towards ASA having a lean operations, how it manages operations efficiencies, and finally makes a set of recommendations that Nigerian Microfinance Institutions could adopt.
Supply chain modelling and analysis: an application of Latin square to a repeated coupling of non-linear differential equations
2011
In the last 50 years, Forrester’s system dynamics techniques have been adopted to analyse problems and find solutions for global supply chains. An important topic in production-inventory system modelling is the design of experiment. The aim of this paper is to present an application of a statistical technique of design of experiment, the Latin Square Design, to set a combination of input values for the initial-value problem of non-linear repeated coupling of first-order differential equations modelling a production-inventory system. This design permits to reduce the number of experiments while allowing statistical analysis for testing the significance of the studied parameters.
Współpraca międzysektorowa w "smart city" ze szczególnym uwzględnieniem roli NGO
2018
Cities, in order to meet the diverse needs of their residents and to cope with urban problems, need not only to create innovative Solutions, but also open to all urban actors local government policies. This aim is especially important to help meet an intelligent city s goals. The paper presents the assumptions of the smart city concept and describes a role of an intersectoral cooperation for a city benefit particularly emphasizing a role of NGOs in it. There were also placed two case studies of cities of Lodz and Cracow, presenting the examples of cities undertaking an intersectoral cooperation (especially with NGOs) and developing strategies based on smart city concept.
Portfolio diversification in the sovereign credit swap markets
2018
We develop models for portfolio diversification in the sovereign credit default swaps (CDS) markets and show that, despite literature findings that sovereign CDS spreads are affected by global factors, there is sufficient idiosyncratic risk to be diversified. However, we identify regime switching in the times series of CDS spreads and spread returns, and the optimal diversified strategies can be regime dependent. The developed models trade off the CVaR risk measure against expected return, consistently with the statistical properties of spreads. We consider three investment strategies suited for different CDS market participants: for investors with long positions, speculators that hold unco…
Do microfinance rating assessments make sense? An analysis of the drivers of the MFI ratings
2011
Rating assessments of microfinance institutions are claimed to measure a combination of creditworthiness, trustworthiness and excellence in microfinance. Using a global dataset covering reports from 324 microfinance institutions, this study suggests that these ratings are mainly driven by size, profitability, and risk. The ratings do not seem to capture the double bottom-line objective of microfinance institutions, as our analyses are unable to prove any statistical relationship between microfinance ratings and the social objectives of these institutions. Moreover, the association between operational efficiency and microfinance ratings appears weak. Although there are some minor differences…
Fuzzy Identities in (Dis)Integrating Europe: Discursive Identifications of Poles in Britain Following Brexit
2019
This study explores the fuzzy discursive identifications of Polish residents in Britain following the Brexit referendum by using a corpus of Polish-language glocal media materials (Moja.Wyspa.co.uk). Fuzziness is defined and operationalized on three levels: with respect to (1) online media technologies (global/local; above-/below-the-line) that allow diverse voices; (2) identity positions of non-native residents (Polish migrants as EU citizens at a destabilizing moment) who are left with the sense of anomie and “in-betweenness”; (3) discursive strategies of self-presentation mobilized in the ongoing processes of identification, whose analysis sometimes transcends classificatory grids offere…