Search results for "evaluation"
showing 10 items of 1974 documents
Efficiency, Fairness and Sustainability in Social Housing Policy and Projects
2023
The provision of affordable housing for low-income households is a very complex issue long debated in many countries around the world. Social Housing (SH) is one of the tools for achieving fairness, social sustainability and economic feasibility, and is interrelated with politics, ethics and economics, as well as the environment, architecture and technology. In other words, national and local policy, and also public and private financial resources are all needed to provide SH. SH also involves social and urban transformations and is, consequently, linked to urban planning and redevelopment projects, real estate market dynamics and cooperation between public and private stakeholders. Further…
Sensitivity analysis and process optimization of a natural gas dehydration unit using triethylene glycol
2019
Abstract Dehydration of natural gas by absorption using triethylene glycol (TEG) is a common industrial offshore procedure to ensure the compliance with the required water dew point specifications for midstream transportation. Two thermodynamic models, the UMR-PRU and the TST/NRTL, are applied for the process simulation while a preliminary economic evaluation has been conducted revealing that both yield overall similar results as for the fixed capital cost which is found to be in good agreement with reported literature values. Moreover, sensitivity analysis of several operational parameters of the process has been performed and optimized values are suggested aiming to reduce its energy requ…
The Mechanics of Progress in Education: Evidence from Cross-Country Data
1998
The document examines first the relationship between a number of indicators concerning a country system of education (global and per-pupil public resources by level of schooling, education coverage, quality of educational outcomes, efficiency in student flow, external efficiency, equity by gender and in resource allocation, ..) and and its environment (overall sector context, demographic pressure fiscal, capacity, structure of employment, ..) on the one hand, its level of economic development on the other. The paper analyzes how the economic development affects the amount of resources mobilized for the sector with the finding that the main source of resources lies in the decrease of the tea…
Examining Benchmark Indicator Systems for the Evaluation of Higher Education Institutions
2009
Higher Education Institutions are undergoing important changes involving the development of new roles and missions, with implications for their structure. Governments and institutions are implementing strategies to ensure the proper performance of universities and several studies have investigated evaluation of universities through the development and use of indicator systems. In this paper, we review some of the systems applied to the OECD countries, with special attention to Spain. We demonstrate the difficulty involved in establishing classification criteria for existing indicators, on which there is currently no consensus.
The successful education sector development in Tanzania – comment on gender balance and inclusive education
2010
In this paper we discuss to what extent the international and national equality goals regarding gender balance and inclusive education have been reached in the education sector development in Tanzania. According to recent reports, the development trend has been generally positive, and the country is close to achieving its primary education targets. More detailed reviews suggest, however, that current monitoring and evaluation mechanisms are too narrow to catch the critical factors regarding equality, particularly in secondary education. Our comment concerns the achievements and challenges, and emphasises the significance of a multidimensional set of information including in‐depth qualitativ…
The effects of competitiveness on trade balance: The case of Southern Europe
2016
AbstractAccording to conventional wisdom, “peripheral” Southern European members of the euro area (Greece, Italy, Portugal and Spain) suffer from a problem of competitiveness. Since their membership of the euro area renders devaluation impossible, adjustment should come through decreasing wages and prices in these countries, which, by improving the trade balance, should lead to a recovery of previous levels of employment and growth. In this paper, the authors estimate trade balance equations for the Southern European countries, both for total trade and for the trade performed with the European Union, taking three alternative measures of the real exchange rate, based on consumption price ind…
Is Momentum in Currency Markets Driven by Global Economic Risk?
2015
This article investigates the potential link between momentum in currency returns and global economic risk as measured by currency return dispersion (RD). We find that the spread on zero-cost currency momentum strategies is larger and highly significant in high RD states compared to low RD states. Also, the relation between these momentum payoffs and global economic risk appears to increase linearly in risk. Further tests indicate that the same macroeconomic risk component in currency markets is present in global equity markets. Based on this evidence, we conclude that global economic risk as proxied by RD helps to explain currency momentum profits.
Carbon sequestration in French agricultural soils: A spatial economic evaluation
2021
International audience; Soil organic carbon sequestration measures entail costs to farmers with different individual characteristics and located in different areas. A cost‐effective analysis taking into account these heterogeneities is crucial for developing effective public policy aimed at increasing carbon sequestration. We undertake such an analysis focusing on three soil organic carbon sequestration measures: no‐till, extension of temporary grasslands, and hedgerows. Through an optimization model applied to France, our results show that only extension of temporary grasslands can store carbon at low cost, though their potential for carbon sequestration is also low. For an ambitious carbo…
Substituting a substitute currency
2008
Abstract This study evaluates the dynamics between the dollar and euro balances in the Estonian economy. The focus is to apply the traditional currency substitution model to the substitution of the substitute currency, the dollar and euro-related foreign currency balances. We find substitution between the dollar and the euro to be asymmetric in the short run. Inertia, irreversibility and ratchet effects favoured the use of the euro as a substitute currency. No significant evidence of asymmetries in the long run was detected. However, in general, a traditional model for currency substitution was capable of explaining the dynamics of the euro and the dollar as substitute foreign currencies.
Is external debt sustainable? A probabilistic approach
2020
Abstract We develop a probabilistic approach to measure a country's external debt sustainability. Using data on international investment position and balance of payments from the International Monetary Fund, we estimate a vector autoregressive model for 38 countries (11 developed and 27 developing). Using the estimated parameters, we perform a Monte Carlo simulation to compute the distribution of the capacity to repay for each country. A large portion of the projected distribution to the right of current debt is a warning indicator, signalling the need for devaluation. We provide simulations for each country. One scenario is where the discount factor is lower than 1. According to the litera…