Emergence and development of a financial cluster: the evolution of Andorra’s banking deposits in the long-term, 1931-2007

This paper explores the origins of Andorra’s financial cluster. It shows that the free movement of currency, the protection of infant industry, and geographical concentration lie at the foundation of the cluster’s competitive advantage. Drawing on a new set of data, the paper also provides for the first time an estimate of the total deposits held by Andorra’s banks between 1931 and 2007. Based on this new information, the paper reaches the conclusion that the development of the cluster went through four distinct phases in which large companies, acting as leaders, played an important role in enhancing the cluster’s business capabilities.

The role of the tourism sector in economic development. Lessons from the Spanish experience

Tourism is one of the most important sectors in the global economy and is considered an efficient tool with which to promote economic growth. The case of Spain¿s economy is well known in this respect; in fact, widespread consensus exists on the part played by tourism in enhancing the industrialisation process in Spain and the part played by foreign currency receipts from tourism in financing the imports of capital goods, which made the expansion of manufacturing possible. This paper aims to assess the real role of foreign currency receipts from tourism in Spain¿s economy from 1960 to the present. The results of Spain¿s experience may well help to guide policy decisions in developing countries in similar circumstances.

The role of the tourism sector in economic development. Lessons from the Spanish experience

Tourism is one of the most important sectors in the global economy and is considered an efficient tool with which to promote economic growth. The case of Spain¿s economy is well known in this respect; in fact, widespread consensus exists on the part played by tourism in enhancing the industrialisation process in Spain and the part played by foreign currency receipts from tourism in financing the imports of capital goods, which made the expansion of manufacturing possible. This paper aims to assess the real role of foreign currency receipts from tourism in Spain¿s economy from 1960 to the present. The results of Spain¿s experience may well help to guide policy decisions in developing countries in similar circumstances.

Inmigración, crisis económica y discursos radiofónicos: hacia un lenguaje excluyente

Los medios de comunicación juegan un rol fundamental en la percepción social del proceso migratorio y de las minorías étnicas. A través del análisis de un conjunto de emisiones de Catalunya Radio, RAC1 y la COPE, el estudio que presentamos pretende determinar si el discurso radiofónico se fundamenta en un lenguaje inclusivo que contribuye a la cohesión social, o bien promueve un sobredimensionamiento de los conflictos contribuyendo a extender la xenofobia. Coincidiendo con la crisis, el lenguaje excluyente se consolida y se extiende en los medios. El análisis desarrollado evidencia el uso de conceptos y estrategias discursivas que remiten, por una parte, al racismo moderno y, por otra, al lenguaje del odio, siendo frecuentes las imprecisiones, la invisibilidad u homogeneización de determinados colectivos, la contraposición nosotrosellos o enfoques basados en el conflicto que enfatizan las diferencias étnicas.

Maria de Portugal, una dona amagada per la història

The points of departure of this article are our own researches which talked about Maria of Portugal and widowhood during the 14ht century, respectively. We were interested in the figure of Maria of Portugal as example of all that kind of people, mostly women but also children who were treated as change currency by their relatives. They were used to guaranty peace treaties and other agreements, but also as hostages in war times. This article is based on the study of Maria's will, which is preserved in the Arxiu de la Coroan d'Aaragó. however we also thought necessary to present the figure of Maria of Portugal in order to grasp, not only the events that marked her life, but also the way they influenced in her thoughts an feelings.

European payment system and monetary union

We make a comparative study of payment systems for E.U. -fifteen countries for the 1996-2002 period. Special attention is paid to the introduction of the new European single currency. The overall trend in payments is for a move from cash to noncash payment instruments, although electronic instruments are not widely used yet. We find a significant impact from the introduction of the new banknotes and coins on card use

Selecting Scientific Papers for Publication via Citation Auctions

The scientific community has been suffering from peer review for decades. This process (also called refereeing) subjects an author's scientific work or ideas to the scrutiny of one or more experts in the field. Publishers use it to select and screen manuscript submissions, and funding agencies use it to award research funds. The goal is to get authors to meet their discipline's standards and thus achieve scientific objectivity. Publications and awards that haven't undergone peer review are often regarded with suspicion by scholars and professionals in many fields. However, peer review, although universally used, has many drawbacks. We propose replacing peer review with an auction-based approach: the better the submitted paper, the more scientific currency the author likely bid to have it published. If the bid correctly reflects the paper's quality, the author is rewarded in this new scientific currency; otherwise, the author loses this currency. We argue that citations are an appropriate currency for all scientists. We believe that citation auctions encourage scientists to better control their submissions' quality. It also inspire them to prepare more exciting talks for accepted papers and to invite discussion of their results at congresses and conferences and among their colleagues. In the long run, citation auctions could have the power to greatly improve scientific research

Estudi de la mineria de bitcoins

El bitcoin és una moneda virtual descentralitzada que es basa en la criptografia per al seu correcte funcionament. S’utilitza la criptografia en diversos processos de la moneda: creació de comptes, validació de transaccions, generació de moneda, etc. La mineria és el procés mitjançant el qual les transaccions són validades i a la vegada també és el procés amb el qual es genera nova moneda. Aquest projecte està centrat en l’anàlisi d’aquest procés.