872 resultados para Foreign funds


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We study the role of domestic financial institutions in sustaining capital flows to the private and public sector of a country whose government can default on its debt. As in recent public debt crises, in our model public defaults weaken banks' balance sheets, disrupting domestic financial markets. This effect leads to a novel complementarity between private capital inflows and public borrowing, where the former sustain the latter by boosting the government's cost of default. Our key message is that, by shaping the direction of private capital flows, financial institutions determine whether financial integration improves or reduces government discipline. We explore the implications of this complementarity for financial liberalization and debt-financed bailouts of banks. We present some evidence consistent with complementarity.

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Dada a importância do conceito de orientação para o mercado e a inexistência de estudos que estudem o seu grau de implementação nas empresas Cabo-Verdianas, este estudo visa medir o grau de orientação para o mercado dos hotéis em Cabo Verde. O estudo foi aplicado às unidades hoteleiras do sector turístico em Cabo Verde com o objectivo de: (i) determinar o grau de orientação para o mercado dos hotéis em Cabo Verde e (ii) verificar a existência de diferenças significativas no grau de orientação para o mercado dos hotéis em função da existência de departamento de marketing nos hotéis, a área funcional dos respondentes, a localização geográfica dos hotéis e a procedência do capital social maioritário. As conclusões do estudo sugerem que em termos gerais, os hotéis, em Cabo Verde, segundo as percepções dos gestores, tem um nível médio de orientação para o mercado. Os resultados mostraram ainda que apenas existe uma diferença significativa no grau de geração e resposta ao mercado, entre os hotéis nacionais e os estrangeiros. Igualmente, constatou-se que, existe uma diferença significativa, no grau de geração e disseminação de informação de mercado, entre a percepção da área comercial e ou marketing e as restantes áreas das unidades hoteleiras. Entretanto, relativamente à localização dos hotéis e à existência ou não de departamentos de marketing, não foi confirmada a existência de diferenças significativas no grau de geração, disseminação de informação e resposta ao mercado. Due to the importance given to the concept of market orientation and the lack of studies which examine its level of implementation in Cape Verdean companies, this research aims to measure the level of market orientation of hotels in Cape Verde. This study was applied to hotel units in Cape Verde with the aim of: (i) determining the level of market orientation in Cape Verde hotels and (ii) verifying the existence of significant differences in the degree of market orientation of hotels which have or not a marketing department, the professional area of the respondents, the geographic location of the hotels and the origin of the majority funds. According to the managers’ perceptions, the results suggest that in general terms, the hotels, in Cape Verde, , have an intermediate level of market orientation. The results also show that there is a significant difference between national and foreign hotels regarding information generation and responsiveness to market. In the same way, there is as significant difference on the degree of generation and dissemination of information between the functional commercial areas and the others functional hotel areas. However, there was no significant difference on what concerns generation, dissemination and market responsiveness, regarding hotels location and the existence or not of marketing departments.

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The 81st General Assembly of the Iowa Legislature, in Section 85 of House File 868, required the Iowa Department of Transportation (DOT) to conduct a study of current Road Use Tax Fund (RUTF)revenues, and projected roadway construction and maintenance needs.

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The 81st General Assembly of the Iowa legislature, in Section 85 of House File 868, required the Iowa Department of Transportation (Iowa DOT) to conduct a study of current Road Use Tax Fund (RUTF) revenues, and projected roadway construction and maintenance needs. With input from Iowa’s cities, counties and other interested groups, the Iowa DOT completed this report for submittal to the legislature.

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The 81st General Assembly of the Iowa legislature, in Section 85 of House File 868, required the Iowa Department of Transportation (Iowa DOT) to conduct a study of current Road Use Tax Fund (RUTF) revenues, and projected roadway construction and maintenance needs.

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For enterococcal implant-associated infections, the optimal treatment regimen has not been defined. We investigated the activity of daptomycin, vancomycin, and gentamicin (and their combinations) against Enterococcus faecalis in vitro and in a foreign-body infection model. Antimicrobial activity was investigated by time-kill and growth-related heat production studies (microcalorimetry) as well as with a guinea pig model using subcutaneously implanted cages. Infection was established by percutaneous injection of E. faecalis in the cage. Antibiotic treatment for 4 days was started 3 h after infection. Cages were removed 5 days after end of treatment to determine the cure rate. The MIC, the minimal bactericidal concentration (MBC) in the logarithmic phase, and the MBC in the stationary phase were 1.25, 5, and >20 μg/ml for daptomycin, 1, >64, and >64 μg/ml for vancomycin, and 16, 32, and 4 μg/ml for gentamicin, respectively. In vitro, gentamicin at subinhibitory concentrations improved the activity against E. faecalis when combined with daptomycin or vancomycin in the logarithmic and stationary phases. In the animal model, daptomycin cured 25%, vancomycin 17%, and gentamicin 50% of infected cages. In combination with gentamicin, the cure rate for daptomycin increased to 55% and that of vancomycin increased to 33%. In conclusion, daptomycin was more active than vancomycin against adherent E. faecalis, and its activity was further improved by the addition of gentamicin. Despite a short duration of infection (3 h), the cure rates did not exceed 55%, highlighting the difficulty of eradicating E. faecalis from implants already in the early stage of implant-associated infection.

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A report that Mary Wegner gave Iowa's congressmen and senators during this year's ALA Legislative Day in Washington, DC. The report reflects the important ways the State Library uses LSTA funds to help Iowa libraries provide the best service possible to their customers. LSTA funds also pay the salaries of Library Development staff.

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Public providers have no financial incentive to respect their legal obligation to exempt the poor from user fees. Health Equity Funds (HEFs) aim to make exemptions effective by giving NGOs responsibility for assessing eligibility and compensating providers for lost revenue. We use the geographic spread of HEFs in Cambodia to identify their impact on out-of-pocket (OOP) payments. Among households with some OOP payment, HEFs reduce the amount by 29%, on average. The effect is larger for households that are poorer, mainly use public health care and live closer to a district hospital. HEFs are more effective in reducing OOP payments when they are operated by a NGO, rather than the government, and when they operate in conjunction with the contracting of public health services. HEFs reduce households' health-related debt by around 25%, on average. There is no significant impact on non-medical consumption and health care utilisation