420 research outputs found
The Eurozone Debt Crisis: From its origins to a way forward. CEPS Policy Brief No. 251, August 2011
No full textAs the Eurozone debt crisis reaches a turning point, this Policy Brief argues for a more organised intervention by the ECB to stop contagion through the creation of a quantitative easing programme, coupled with a political agreement among member states on a more federalist budget for the Eurozone.
The roots of this crisis and how institutions have repeated some of the mistakes of the Argentine crisis, both in 1998 and 2010, are considered in this paper. The author analyses the reasons why the ECB should start a quantitative easing programme to contain government bond yields, and shows that it can be done with limited impact on inflation targeting policies. The importance of reinforcing the new policy announced by the ECB, which has lain rather dormant during the Eurozone crisis, is also highlighted as a pre-condition for a broader political agreement on more harmonised fiscal policies and to stabilise market conditions. Valiante finds that responses should be organised on three levels: institutional competences, monetary policy support, and fiscal policy coordination
NYSE Euronext-Deutsche Borse merger: let the dance go on! ECMI Policy Brief No. 18/March 2011
No full textIn a new ECMI Policy Brief, Research Fellow Diego Valiante offers his insights into the motivations, potential synergies and implications of the proposed merger between NYSE Euronext and Deutsche Börse, which he sees as a continuation of the intricate series of dances begun two decades ago between exchanges worldwide and which now escalates at global level in the non-equity business. The author finds that the liberalization process and regulatory changes brought about by the financial crisis have revived this long-term process. Finally, Valiante points at the importance of following a dynamic approach in the merger test, which would induce the Commission to impose rigorous conditions to clear the deal
Toward a tomographic analysis of the cross-correlation between planck cmb lensing and h-atlas galaxies
No full textINAF PRIN; ASI/INAF [2014-024-R.0]; INFN-INDARK initiative; Spanish MINECOBianchini, F., Lapi, A., Calabrese, M., Bielewicz, P., Gonzalez-Nuevo, J., Baccigalupi, C., Danese, L., Zotti, G.D., Bourne, N., Cooray, A., Dunne, L., Eales, S., Valiante, E
Digital Mapping for the Neglected Built Heritage: the Case of Ferruzzano Superiore. Methodology and Outcomes
No full textA seguito di alcune premesse riguardanti le potenzialità e i possibili utilizzi
della cartografia digitale nei processi di conoscenza dei piccoli centri storici,
il presente contributo propone un metodo speditivo per valutare le principali
caratteristiche e lo stato di conservazione del patrimonio costruito di
piccoli insediamenti siti in aree marginali. Verranno illustrati nello specifico
l'approccio selezionato per la raccolta dei dati, la metodologia utilizzata per
elaborarli e i risultati ottenuti. Questa parte della ricerca RIBA ha l’obiettivo
di definire possibili modalità per comprendere le problematiche peculiari
dei piccoli centri storici a rischio di abbandono, sperimentando questo
approccio attraverso un caso studio, l'antico insediamento di Ferruzzano
Superiore (Reggio Calabria), per testimoniarne la flessibilità e la possibilità di
applicazione ad altri contesti simili. I dati raccolti attraverso rilievi speditivi
sul campo, che hanno riguardato le caratteristiche urbane e architettoniche
del patrimonio costruito e lo stato di conservazione delle strutture e dei
materiali, sono stati raccolti in un database digitale e sintetizzati in mappe
tematiche, evidenziando le criticità individuate. L’applicazione di questa
metodologia mostra come tale approccio, seppur speditivo, possa fornire
una base conoscitiva essenziale per supportare i processi decisionali che
coinvolgono il riutilizzo e la valorizzazione del patrimonio architettonico dei
piccoli centri storici
Documentary Appendix and Digital Data Inventory Methodologies: the GIS as Supporting Tool for Knowledge Processes of Historical Settlements
No full textIl contributo presenta la modalità con cui sono stati raccolti, inventariati e
messi in relazione i dati raccolti nel corso della ricerca. Uno degli obiettivi,
infatti, è stato di raccogliere e far dialogare la quantità di dati di natura
molto diversa collezionati durante le diverse fasi della ricerca. Il sistema Gis
qui utilizzato ha incluso la raccolta di dati a diverse scale (architettonica,
territoriale, sovralocale) e provenienti da diverse fonti (archivistiche,
cartografiche, documentarie, demografiche), che sono stati interconnessi
e georeferenziati con l'obiettivo di organizzare e presentare le informazioni
riguardanti ogni comune o sito. In particolare, la piattaforma GIS sviluppata
nel contesto della ricerca Lost and Found (RIBA 2021) mette in relazione la
dimensione territoriale, con approfondimenti su scala comunale di alcuni casi
studio identificati e li combina con una scala architettonica che si focalizza
sul caso di Ferruzzano (Reggio Calabria), con approfondimenti sullo stato di
conservazione del patrimonio edilizio. Questa piattaforma consente da un
lato di elaborare dati georeferenziati a supporto delle riflessioni proposte e
dall'altro di costruire uno strumento accessibile e fruibile, rivolto non solo ad
altri ricercatori ma anche ad attori locali
Legal and Economic Approach to Tying and Other Potentially Unfair and Anticompetitive Commercial Practices: Focus on Financial Services
No full textThis paper analyses the economic and legal aspects related to practices such as tying, bundling and other potentially unfair commercial practices widely used in the financial services industry. Authors draw special attention to the European financial services market. Their law and economics approach aims at illustrating the rationales for applying both antitrust and consumer protection legislation to the practices subject to analysis in this paper and observed in the retail financial services market. The author explores the main findings of the legal and economic theory as regards the applicability of antitrust rules to the practices at hand, and the possibility to treat new commercial practices under antitrust law. The paper then illustrates the economics of tying, bundling and other unfair commercial practices from a consumer policy perspective, and reports some empirical data on switching costs and patterns of consumer behaviour in retail financial services and in other sectors of the economy. Cognitive biases that may cause irrational behaviours in judgement and decision-making processes of a retail consumer are widely assessed. Finally, the author proposes a new multi-stage test for the joint assessment of selling practices under competition and consumer policy
The role of heritage communities in local development processes through the reuse of architectural heritage. Some examples in Italian rural areas.
No full textOver the last three decades, various initiatives promoted by the European Union concerning the involvement and empowerment of communities in recognising and creating cultural values have flourished. They include, for instance, the Faro Convention, programs for ecomuseums and community mapping, and have contributed to giving voice to bottom-up initiatives for enhancing not only so-called monumental architecture but also "ordinary" architecture and built and vernacular cultural heritage. In general, this approach has also contributed to focusing attention on the importance of local communities in local development processes. In Italy, the so-called inner areas are often characterised by ordinary and vernacular heritage related to rural or manufacturing activities. In these small villages, some local communities, also thanks to the Italian National Strategy for Inner Areas, recognised the reuse of part of the vernacular local built heritage as a strength for the community itself and the broader context. Some cases have demonstrated that valorisation of architectural heritage is possible without creating tourism-related facilities only (hotels, museums, etc.) but also creating services needed by "local" users that facilitate the everyday life of the place. In this perspective, attention should also be focused on heritage education and the intergenerational transmission of knowledge, which should involve the entire community at different levels, starting from experiences already in place in similar contexts. In this sense, a community can be intended as a broad concept, a constantly evolving process that includes the resident citizens and a broader network related to a specific territory. Through analyses of case studies, this contribution aims to propose reflections on the role of heritage community experiences in empowering vernacular architectural heritage and its wider context
Fragilities and Resources of Depopulated Villages in Cadore: Reactivation Initiatives and their Impact on Architectural Heritage
No full textCommunities’ Involvement for the Reuse of Historical Buildings. Experiences in Italian Marginal Areas
No full textThroughout the Covid-19 emergency phase in Italy, interesting practices of reuse of architectural heritage were fostered by the community impulse in small, depopulated towns in inner areas. This unprecedented situation led small communities of remote areas to find urgent solutions to entirely new problems. Some contexts activated initiatives for enhancing the health and social services, some others for strengthening the home care, others for readjusting existing spaces according to new needs. Through the case of the reuse of the Convento dei Padri Riformati into a hospital in Madonie and other similar initiatives promoted in other Italian inner areas, this contribution aims at highlighting the potentialities connected to the creation of services for the community by reusing the existing built heritage. In the experiences this contribution wants to illustrate, the role of “local community” was revealed to be essential during the pandemic since every practice of reuse is conceived, realized, or managed through the participation of the community and mainly destined to it. Concurrently, the objective is to introduce some reflections on the importance of the functions and uses introduced and their impacts on the territory: many times, the architectural heritage is intended for tourism-related facilities. However, in some cases, other functions connected to public services can profitably preserve and relaunch historical buildings, thanks to constant use and maintenance, assuring at the same time a broader involvement of the community at all levels
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