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Algorithms - ESA '95

Algorithms - ESA '95 PDF Author: Paul Spirakis
Publisher: Springer Science & Business Media
ISBN: 9783540603139
Category : Computers
Languages : en
Pages : 616

Book Description
This book consitutes the proceedings of the Third Annual European Symposium on Algorithms, ESA '95, held in Corfu, Greece in September 1995. The volume presents 42 full revised papers selected during a careful refereeing process from a total of 119 submissions; in addition, there is a prominent keynote address. This year, the scope has been further expanded to new areas of computational endeavour in science; the book covers many aspects of algorithms research and application ranging from combinatorial mathematics to hardware design.

Algorithms - ESA '95

Algorithms - ESA '95 PDF Author: Paul Spirakis
Publisher: Springer Science & Business Media
ISBN: 9783540603139
Category : Computers
Languages : en
Pages : 616

Book Description
This book consitutes the proceedings of the Third Annual European Symposium on Algorithms, ESA '95, held in Corfu, Greece in September 1995. The volume presents 42 full revised papers selected during a careful refereeing process from a total of 119 submissions; in addition, there is a prominent keynote address. This year, the scope has been further expanded to new areas of computational endeavour in science; the book covers many aspects of algorithms research and application ranging from combinatorial mathematics to hardware design.

ESA95 Manual on Government Deficit and Debt

ESA95 Manual on Government Deficit and Debt PDF Author:
Publisher:
ISBN:
Category : Budget deficits
Languages : en
Pages : 250

Book Description
ESA 95 is the conceptual reference framework, which is legally binding the EU. The aim of the manual is to aid its application for calculation the government deficit and debt. It provides the appropriate answers to most of the statistical and accounting problems posed in the EU in the last years. Result of a collective work of reflection, conceptual and textual elaboration made by a group of experts, coordinated by Eurostat, representing EU Member States, the Commission and the European Central Bank. It was discussed and improved by the working parties on national and financial accounts.

Portugal

Portugal PDF Author: International Monetary Fund. Fiscal Affairs Dept.
Publisher: International Monetary Fund
ISBN: 1498314732
Category : Business & Economics
Languages : en
Pages : 83

Book Description
EXECUTIVE SUMMARY Portugal’s practices meet most of the principles of the revised Fiscal Transparency Code at good or advanced levels. A number of areas still present practices at a basic level, but in most of these cases this reflects reforms that have recently been launched and have not yet been fully implemented so as to affect current practices. Indeed, if measured against the practices observed prior to the recent financial crisis, there has been remarkable progress. The challenge is to press ahead with the reform agenda so that all fiscal transparency practices meet good or advanced levels, thus strengthening even further the management of public finances and the associated risks. The key findings of the present Fiscal Transparency Evaluation are: • Fiscal reporting is in line with good or advanced practices, particularly in compliance with EU requirements and ESA 95 standards, but still lacks a sound conceptual accounting framework based on internationally accepted standards. • Fiscal forecasting and budgeting have improved over the last three years, although investment evaluation only meets the basic standard of the Code. • Reporting of fiscal risks is in its infancy and in spite of numerous initiatives undertaken in the last few years, such as the publication of a fiscal risk statement, remains fragmented. The large amount and good quality of information available allows a very preliminary and partial estimate of the public sector net worth and total risk exposure. An estimated negative net worth position of 140 percent of GDP (including the liabilities of the main defined-benefits employment-related pension scheme) and a sizeable exposure to various contingent liabilities, although some of these have a low probability of crystallizing, are reminders of the still fragile status of Portugal’s public finances.

Rules and Reason

Rules and Reason PDF Author: Ram Mudambi
Publisher: Cambridge University Press
ISBN: 9780521659598
Category : Business & Economics
Languages : en
Pages : 340

Book Description
This volume explores shifting conceptions of constitutional political economy and suggests possible future strategies for change.

Making the EMU

Making the EMU PDF Author: James D. Savage
Publisher: OUP Oxford
ISBN: 0191557358
Category : Political Science
Languages : en
Pages : 256

Book Description
The Maastricht Treaty and the Stability Growth Pact demand that EU member states comply with their famous deficit and debt requirements of three and sixty per cent of GDP. Yet, how can the EU's leaders be certain that these targets are met? Is a three per cent deficit in Belgium equivalent to one in Italy or France? Making the EMU explores how the Treaty's budgetary surveillance procedure monitors member state budgetary policies, harmonizes their budgetary data, and effectively determines which member states qualified for member status and are subject to the Pact's sanctions. This book provides the first examination of how the EU entrusted the credibility of these critical budgetary figures to a relatively minor European Commission agency, and what effect the surveillance procedure has on the making of the EMU and the enforcement of Maastricht.

The Analysis of Economic Environment

The Analysis of Economic Environment PDF Author: María Teresa Freire Rubio
Publisher: ESIC
ISBN: 8418415002
Category : Business & Economics
Languages : en
Pages : 99

Book Description
This book makes economic concepts more accessible to all those who want to understand the “logic” behind economics, and tries to go a step further in explaining economic analysis and its usefulness. To do so, it begins by analysing the economy the smallest and most detailed perspective, Microeconomics. Once the criteria for the individual economic decisions have been defined, it will move on to analyse how the economic activities of a country are measured and its main economic problems at an aggregate level, i.e. Macroeconomics and afterwards, it gives greater dimension to the analysis, moving the macroeconomic analysis of a country to an analysis of the International Economy. In short, in order to reach our final analysis and understand international economic relations, we must first understand how economic decisions are made at an individual level, as it is the sum of individual decisions that shape the global economic structure.

The Statistical Measurement of Financial Derivatives

The Statistical Measurement of Financial Derivatives PDF Author: Mr.Robert M. Heath
Publisher: International Monetary Fund
ISBN: 1451844115
Category : Business & Economics
Languages : en
Pages : 68

Book Description
The System of National Accounts 1993 (1993 SNA) provided new standards for the statistical treatment of financial derivatives. Subsequently, financial derivative markets have evolved, and there have been requests from national statisticians for clarification and amplification of the recommendations in the 1993 SNA and the fifth edition of the IMF’s Balance of Payments Manual (BPM5). Meeting this need is the main purpose of this working paper. Its recommendations have been widely discussed in international meetings and have been approved by bodies that effect changes in the 1993 SNA and BPM5.

Republic of Croatia

Republic of Croatia PDF Author: International Monetary Fund. European Dept.
Publisher: International Monetary Fund
ISBN: 148439691X
Category : Business & Economics
Languages : en
Pages : 74

Book Description
This 2014 Article IV Consultation highlights that Croatia remains stuck in an unusually drawn out recession. In 2013, real GDP contracted for the 5th consecutive year, and stands now at less than 90 percent of the end-2008 level. Unemployment has risen to 17 percent. Domestic demand remains depressed as corporations and households focus on reducing excessive debts accumulated in the 2000s. Exports and foreign direct investment are also feeble. The outlook is for an additional contraction in 2014 of almost 1 percent. Real domestic demand would remain feeble, reflecting both weak private sector demand and fiscal consolidation.

European Free Trade System and Policy Handbook

European Free Trade System and Policy Handbook PDF Author: International Business Publications, USA.
Publisher: Lulu.com
ISBN: 1438716605
Category : Business & Economics
Languages : en
Pages : 278

Book Description
European Free Trade Association (EFTA) Handbook

The new European Budgetary Order

The new European Budgetary Order PDF Author: Robin Degron
Publisher: Bruylant
ISBN: 2802762990
Category : Business & Economics
Languages : en
Pages : 163

Book Description
The Sovereign debt crisis pushed the EU to take a new step to the common financial rules. After some years of ‘soft budgetary carefreeness’, the European Budgetary Treaty boosted the movement of budgetary convergence in the EU. The ‘Six Pack’ and the ‘Two Pack’ consolidated the effectiveness of a new European budgetary order founded by the Maastricht Treaty and the Stability and Growth Pact. Even if mechanisms adopted by the Member States are formally different in law, conditions of European budgetary orthodoxy have been definitively hardened. This new rigor has a great impact on all the public administrations, as defined by the European Accounts System and Eurostat. The EU is a key-player of the budgetary game. This great power makes the EU accountable to the general economic situation within Europe and amongst all Member States. Budgetary regulation must be conciliated with preservation of some investment means to develop potential growth on the continent. ‘Giant in law’, the EU has to be responsible from an economic point of view. The problem is that, from a budgetary standpoint, the EU remains a ‘dwarf’. The European general budget is about 1% of the EU gross national income. The budgetary power of the EU is less than one twentieth of the USA federal financial power. Balance between ‘budgetary dwarf ’ and ‘giant in law’ is characteristic of ‘adolescence’ of the EU finances. Natural consequence of this situation, the EU capacities for redistributing and stabilization are still relatively limited. To overtake this powerlessness, the EU has used no budgetary tools by appealing to the European Investment Bank and the European Investment Fund. However, the ability of the EU to support public investment is not sufficient today to promote an authentic economic relaunching policy and to support the global competition, especially with the USA and China. With a ‘powerful brake’ and a ‘poor accelerator’, the risk is the European public investments continue to stand by. This is the investment paradox of the European budgetary order. Will the next negotiation on the multiyear financial framework post 2020 be able to change the point ? It is not sure, especially in the Brexit context. Negotiating an European financial agenda is always long and difficult. But, the exit of the United Kingdom could makes the game more disputed than ever. A thing is clear : beyond the technical and financial sizes of the new roadmap proposals established by the Commission, the democratic control of the European Parliament is still limited. The EU budgetary framework and timetable are too inert, not enough reactive, far from European citizens actually. In the historical moments we live, it is certainly a strategic mistake to not involve much more citizens and their representatives in the crucial negotiation on the long-term finances of the EU. This is the technocratic risk of the new European budgetary order.