Search results for "Restructuring"
showing 10 items of 137 documents
Digital Platforms for Restructuring the Public Sector
2018
Many technological innovations have led to the emergence of the platform economy in recent years. This development is changing the entire landscape of business in the era of digitalisation. However, the impacts of the platform economy on public services and government are not well known. In this article we study the potential for the digital platform economy to help restructure the public sector. Firstly, central features of the new platform technology are explored, pointing to an algorithmic revolution, big data and cloud computing. Platforms are used in coordinating market transactions in an extremely efficient way. In order to apply the platform-concept to the public sector, an experimen…
Intra-urban residential differentiation in the post-Soviet city: the case of Riga, Latvia
2014
Cities in many Central and Eastern European (CEE) countries have transformed rapidly since the political and socio-economic restructuring started in the early 1990s. Economi reforms, growing income inequalities, changes in housing system and selective residential mobility are resulting in increasing socio-spatial differentiation among urban neighbourhoods also in Riga. In addition, litt le is known about the ethnic dimension of intra-urban residential differentiation, despite the existence of sizeable minority populations. The focus on ethnicity is important, since Riga is the only capital city in the Baltic States where the ethnic majority is outnumbered by the non-Latvian minority. This p…
The internationalisation of the Spanish food industry: the home market effect and European market integration
2015
<p>The objective of this study was to analyse, from a long-term perspective, the factors determining the process of the internationalisation of the Spanish agrifood industry. The paper concentrates on the empirical verification of the existence of a home market effect in the food and drink industries in Spain and on the effects on trade flows of integration into the European Union. With this aim in mind, we took into account the latest contributions to the estimation of the gravity equation for a sample of export flows from 13 agrifood subsectors between 1970 and 2012, with a destination of 175 markets. From the results of the study the existence of the “home market effect” stands out…
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.
Cognitive Mimetics for AI Ethics : Tacit Knowledge, Action Ontologies and Problem Restructuring
2020
Ethics and ethical information processing are an important problem for AI development. It is important for self-evident reasons, but also challenging in its’ implications and should be welcomed by designers and developers as an interesting technical challenge. This article explores AI ethics as a design problem and lays out how cognitive mimetics could be used a method for its design. AI ethics is conceptualized as a problem of implementation on the one hand, and as a problem of ethical contents on the other. From the viewpoint of human information processing, ethics becomes a special case of ethical information processing - one that has deep implications in terms of AI abilities and inform…
Bankruptcy and restructuring law in Poland
2019
The aim of this study is to present general description of the bankruptcy and restructuring law in Poland. The insolvency law is of fundamental importance to business transactions and investment security. The law on bankruptcy and entrepreneurs’ restructuring is increasingly perceived as an important factor in encouraging economic development and investment as well as a factor favouring entrepreneurs’ activity and preservation of jobs. Substantive condition of the bankruptcy and restructuring law has a very real impact on the economy.
The Strategy of Harm Reduction in Work with People Addicted to Drugs and Alcohol
2016
The policy of EU Member States, the United States, South America and Australia is heading towards the restructuring of the support system for addicts by implementing actions meant to limit the health and social damages resulting from the use of psychoactive substances. Many countries offer access to low-threshold programmes whereby the participant is not forced to maintain abstinence or submit to the excessive rules and obligations of a rehabilitation center. Harm reduction is a philosophy based on pragmatic and realistic goals of working with addicts and users. It assumes that each change, even the smallest, is important and should be supported. Harm reduction programmes usually function i…
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…