Search results for "macroeconomic"
showing 10 items of 503 documents
New development opportunities for the craft brewing segment: the case study of a micro-malthouse
2017
In Italy in the past few years, the number of small breweries penetrating the craft beer sector has grown exponentially. Craft producers intend to give a strong added value and a local character to their production in different ways. One of these is the use of malt derived from small batches of local cereals and pseudo cereals. The aim of this study is the assessment of investment profitability, through a cost-benefit analysis (CBA), for a compact and a modular micro-malting plant in Sicily (Southern Italy). The CBA for a micro-malthouse was carried out considering both installation and operating costs. Net present value (NPV), discounted benefit-cost ratio (DBCR) and internal rate of retur…
The Full Protection and Security Standard in Investment Law: A Specific Obligation?
2019
This chapter aims to demonstrate that full protection and security and fair and equitable treatment are two different standards that don’t apply under the same circumstances and have different legal status. After a historical overview (Sect. 1) intended to show how the conflation between the two has emerged over the centuries, emphasis is put on the nature and the scope of application of the full protection and security standard when compared to the fair and equitable treatment standard (Sects. 2 and 3). The next section of the current chapter introduces the idea that full protection and security is to be read in light of another provision often found in international investment agreements:…
The European Union's Proposal for an International Investment Court: Significance, Innovations and Challenges Ahead
2016
International audience; Rampant discontent with the current system that governs the protection of international investment and the functioning of investment tribunals has led to a widespread view that there is an urgent need for reform. This is particularly pronounced in the context of investor-state dispute settlement (ISDS). The European Union (EU) has responded to this need by proposing the creation of an international investment court. With its political weight, the EU confers unprecedented legitimacy on the critics of the current ISDS system and reveals investment dispute settlement in the light of public international law, breaking with its background in commercial litigation. The art…
Distinguishing Trust from Risk: An Anatomy of the Investment Game
2009
The role of trust in promoting economic activity and societal development has received considerable academic attention by social scientists. A popular way to measure trust at the individual level is the so-called “investment game” (Berg, Dickhaut, and McCabe, 1995). It has been widely noted, however, that risk attitudes can also affect decisions in this game, and thus in principle confound inferences about trust. We provide novel evidence shedding light on the role of risk attitudes for trusting decisions. To the best of our knowledge our data are the first rigorous evidence that (i) aggregate investment distributions differ significantly between trust and risk environments, and (ii) risk a…
Dynamique de la structure industrielle française
1990
Le mouvement des idées monétaires dans l'Europe moderne
2014
Ce chapitre vise à fournir une vue de l'évolution des idées monétaires dans l'Europe moderne. Il s'alimente notamment des textes des auteurs du présent livre pour en dégager quelques leçons. Dans un premier temps, il discutera du sens du substantif " mercantilisme " tel qu'il a été construit depuis le milieu du dix-huitième siècle : examiner les fondements historiques de cette notion permettra d'en montrer les impasses. Il présentera, dans un second temps, une catégorisation des auteurs construite à partir de leur rapport au pouvoir.
Introduction. Les pensées monétaires dans l'Europe moderne : contexte et intentions
2014
Ce texte introduit le livre et présente ses objectifs et sa structure. Ce livre traite du déploiement des idées monétaires dans le monde européen de l'époque moderne, depuis les écrits de Nicolas Copernic (1517) jusqu'à la veille de la publication de l'ouvrage économique majeur écrit par Adam Smith (1776) . Il met l'accent sur le contexte historique dans le cadre duquel ces idées monétaires ont vu le jour. Il montre la grande variété des contextes et des idées bien au-delà des espaces, des auteurs et des thèmes généralement étudiés, en intégrant des territoires peu étudiés par les économistes, en mettant au jour des approches et des auteurs oubliés, en tentant, enfin, de restituer la riches…
Credit, Money and Macroeconomic Policy. A Post Keynesian Approach
2011
International audience
The Co-creation Canvas
2021
Abstract Digital transformation has become an increasingly important topic among enterprises and in research. The adoption of enterprise systems is such an investment, and it usually requires significant change management activities to realize the potential benefits. One important issue is how firms should go about to make investments in appropriate digital technology – and the appropriate changes to organizational processes and business models. This is particularly challenging for small and medium-sized enterprises (SMEs). They generally have very limited resources, and they usually depend on external input and cooperation with other companies. Therefore, a successful strategy for many SME…
Does work engagement physiologically deplete? Results from a daily diary study
2020
Based on the conservation of resources theory, we argue that work engagement involves resource investment, and therefore physiologically depletes resources. On this basis, we propose that work enga...