Recent observations on the exploitation of the fish stocks of Lake Victoria, Uganda

The data from the able sources has been used in this paper to make observations on the exploitation of the fish stocks in Lake Victoria since 1981. The paper focuses on species composition of the catch, catch rates, average size of the individual fish landed and fish production. On the basis of these parameters and developments in the fishery, the paper also presents some observations and comments on the future prospects of the fish stocks in the lake.

Financial stocks and political bonds: stock market participation and political behavior in the United States and Britain

This dissertation investigates the effect of stock market participation on political behavior. Some observers claim that financial assets—stocks and mutual funds—have a causal effect on political behavior. The “investor class theory” asserts that as people invest in the stock market their partisan attachments shift rightward. The “asset effect theory” claims that financial investments increase political interest and participation. I examine these claims with longitudinal data from the United States and Great Britain covering a twenty-year period from the early 1980s through the mid-2000’s. I also examine the effect of financial asset ownership on political attitudes in the United States during the 2008 stock market crash. I find no evidence to support the argument that stock market participation has any causal effect on partisanship, participation, or political attitudes.

Impact of stability in prey supply to the stocks of the Nile perch in Lakes Victoria, Kyoga and Nabugabo

The food of the Nile perch has changed since its introduction into Lakes Victoria, Kyoga and Nabugabo and stabilized on Caridina nilotica, Anisopteran nymphs, Rastrineobola argentea, Nile perch juveniles, and tilapiines. For the Nile perch to sustain production in these lakes, its is important that these prey species are properly managed.

The impact of exploitation, competition, and predation on the changing stocks of Lake Victoria

The dramatic decline in fish species diversity in Lake Victoria has been attributed to predation by Nile perch, Lates niloticus Linne, without sufficient justification. Exploitation, interspecific competition and hybridization had profound impact on the decline of the indigenous commercial fish species. The roles of exploitation, competition and hybridization, and of predation by the Nile perch on changes in species diversity have been discussed. Lates was largely responsible only for the decline of the haplochromine stocks.

Novas tecnologias de gestão : a produção em acção : funcionamento e gestão de stocks

Académico - Licenciaturas

Projet ANCRE-DMX2 : Indicateurs biologiques et écologiques pour une gestion durable des stocks de poissons DéMersauX profonds (100–700 m) d’intérêt halieutique à La Réunion

L'usage de la ligne à main mécanisée (moulinet électrique) s'est développé à La Réunion au cours des années 2000. Ce métier s’est développé à la suite d’une campagne de prospection des ressources halieutiques profondes (200-700m), menée conjointement par le CRPMEM et l’Ifremer en 2000. L’objectif de cette campagne par pêche au moulinet électrique visait à identifier de nouvelles ressources démersales à des fins de diversification pour la petite pêche artisanale côtière professionnelle réunionnaise. Ainsi, les premiers résultats de cette étude avaient mis en évidence l'existence de nouvelles espèces et des stocks encore peu exploités à l’époque. Leur exploitation par la pêche professionnelle mais aussi par la pêche plaisancière s’est dès lors développée rapidement, sans aucun contrôle. En l’absence de cadre juridique et de mesures de gestion appropriés, la baisse rapide des rendements et les conflits pour l’accès à ces ressources profondes limitées et réputées sensibles à l’exploitation avaient motivé un précédent projet d'étude pour caractériser l’état de ces ressources (ANCRE-DMX, nommé DMX1, Ifremer 2011). Ce premier diagnostic réalisé à peine 10 ans après le début de l’exploitation des principales espèces avait mis en évidence des premiers signes d’une exploitation non soutenable des ressources dans l'ouest et le nord de La Réunion. Il avait été alors préconisé de lever des lacunes importantes concernant la biologie et l’écologie des espèces, d’évaluer l’état de ces stocks et enfin, de définir des indicateurs biologiques et halieutiques permettant de suivre l’évolution de ces différents stocks. En effet, les stocks de poissons démersaux profonds sont connus pour leur vulnérabilité (croissance lente, maturité sexuelle tardive, recrutement aléatoire…), et ce d’autant plus que leurs habitats sont particulièrement restreints à La Réunion. Le présent projet DMX2 a donc eu pour principal objectif d’établir, à partir d’une approche « indicateur », les bases des connaissances halieutiques, biologiques et écologiques manquantes sur les 6 principales espèces ciblées par la pêcherie à la ligne mécanisée. Le plan d’échantillonnage mis en place a couvert des profondeurs comprises entre 80 et 700 mètres, intégrant pour la première fois les zones de transition plus côtières. La période d’échantillonnage s’est déroulée sur un cycle annuel complet, soit d’avril 2014 à mai 2015, avec le concours de 10 pêcheurs professionnels répartis tout autour de l’île. Ainsi, 143 marées ont permis d’échantillonner 3984 individus et plus de 60 espèces différentes. Pour les principales espèces retenues, le suivi des captures en mer et les prélèvements biologiques réalisés ont permis d’appréhender leur rendement, leur structure démographique, leurs relations biométriques, l’étude de leur croissance, leur cycle de reproduction, leur taille de première maturité, la composition relative de leur alimentation ainsi que la variabilité de leur condition corporelle selon les saisons et en fonction des secteurs géographiques de l’île. Pour certaines espèces, les paramètres biologiques et écologiques obtenus n’avaient jamais été étudiés à ce jour. A partir des indicateurs populationnels et bio-écologiques retenus dans le projet, il a été possible d’évaluer l’état de santé des principaux stocks exploités et de les confronter à la situation et à l’évolution de la pêcherie ciblant ces espèces. Sur la base d’une approche de précaution, les diagnostics rendus sont variables selon l’état de santé de chacun des stocks et de leur sensibilité à l’exploitation. L’approche « indicateur » développée dans le cadre de ce projet a été appliquée aux données historiques disponibles. Ces indicateurs seront désormais proposés dans le cadre des suivis qui devront être mis en place dans la définition d’un plan de gestion des ressources démersales profondes à La Réunion. La définition du plan de gestion devra être discutée et validée auprès des différents usagers pêcheurs ainsi que des gestionnaires scientifiques, professionnels et administratifs.

Colombian mutual funds that invest in stocks: Do they create value?

Esta investigación evalúa el desempeño de 73 fondos de inversión colectiva (FIC) colombianos enfocados en acciones de 2005 a 2015 -- Para cuantificar el valor generado por estos fondos en comparación con sus respectivos activos de referencia (“benchmarks”), se calcula el alfa de Jensen mediante dos metodologías de regresión: Mínimos Cuadrados Ordinarios (MCO) y Regresión por Cuantiles -- También se analiza si estos fondos muestran evidencia de “market timing” o no, utilizando dos modelos: efecto cuadrático y variable binaria interactiva -- De igual manera, nuestro estudio propone la creación de una empresa privada en Colombia que provea a los inversores de información precisa sobre las características y desempeño histórico de estos fondos de inversión colectiva, como lo hace Morningstar Inc. en Estados Unidos -- Esto permitiría a los inversores seleccionar los fondos con mejores perspectivas y, como es de esperarse, haría este mercado más eficiente y atractivo para nuevos inversores potenciales

Morphometric characteristics of Prochilodus lineatus (Valenciennes 1847), of the migratory and resident stocks of the river Mogí-Guaçu, São Paulo State, Brazil

A espécie Prochilodus lineatus é de grande importância comercial na região dos rios Grande, Pardo e Mogi-Guaçu e tem como característica a formação de grandes cardumes, apta a desenvolver amplos deslocamentos migratórios. O presente trabalho objetivou avaliar, por meio das características morfométricas e etária, se os curimbatás (P. lineatus) dos diferentes estoques migradores e residentes constituem uma única população, havendo interação entre as sub-populações no período de piracema (migração reprodutiva). Utilizou-se um delineamento inteiramente casualizado em esquema fatorial 4 x 2, com quatro tipos de estoques (um residente e três migradores) e dois sexos (macho e fêmea) com trinta repetições, considerando cada peixe como unidade experimental. Foi observada variação de 80,19% para o primeiro componente principal e 8,09% do segundo componente principal fornecida pelas dez variáveis morfométricas dos estoques residentes e migradores. O estoque residente correspondeu aos maiores valores para todas as variáveis morfométricas. Houve sobreposição dos escores individuais das mesmas características entre os estoques migradores. Observou-se predominância de machos entre os estoques residentes e migrador I e II. As semelhanças morfométricas verificadas entre os estoques migradores indicam tratar-se de uma única população, com pequenas variações interpopulacional.

Carbon Stocks in Compartments of Soil Organic Matter 31 Years after Substitution of Native Cerrado Vegetation by Agroecosystems.

ABSTRACT: Changes in carbon stocks in different compartments of soil organic matter of a clayey Latossolo Vermelho Distrófico (Typic Haplustox), caused by the substitution of native savanna vegetation (cerrado sensu stricto) by agroecosystems, were assessed after 31 years of cultivation. Under native vegetation, a stock of 164.5 Mg ha-1 C was estimated in the 0.00-1.00 m layer. After 31 years of cultivation, these changes in soil C stocks were detected to a depth of 0.60 m. In the case of substitution of cerrado sensu stricto by no-tillage soybean-corn rotation, a reduction of at least 11 % of the soil C pools was observed. However, the adoption of no-tillage as an alternative to tillage with a moldboard plow (conventional system) reduced CO2 emissions by up to 12 %.

Carbon and nitrogen stocks of an arenosol under irrigated fruit orchards in semiarid Brazil.

O acúmulo de matéria orgânica beneficia a produtividade do solo e reduz a concentração do carbono atmosférico. Entretanto, pouco é sabido a respeito do acúmulo de C e N em solos arenosos cultivados com culturas perenes irrigadas em regiões semi-áridas. O objetivo deste trabalho foi avaliar o efeito do cultivo de fruteiras irrigadas nos estoques de C e N de um Neossolo Quartzarênico em Paraipaba, CE. Foram coletadas amostras na linha e na entrelinha de pomares irrigados de banana, caju, manga, sapoti, goiaba e graviola. Em áreas adjacentes sob vegetação de Caatinga hipoxerófila e após dois anos de desmatamento foram coletadas amostras adicionais. As profundidades de amostragem foram: 0 a 0.1, 0.1 a 0.2 e 0.2 a 0.4 m. Os teores de C e N no solo foram mais altos na camada superficial (0 a 0.1 m). Não houve efeito da profundidade de amostragem sobre a densidade do solo. Os estoques de C e N na área com vegetação de Caatinga na camada de 0 a 0.4 m foram de 27,6 and 2,4 Mg ha-1, respectivamente. A retirada da vegetação natural e o cultivo das fruteiras levaram a reduções de 5 a 23% e 4 a 21% nos estoques de C e N do solo, respectivamente. As culturas do sapoti e da graviola contribuíram para o aumento dos estoques de C e N após a retirada da vegetação natural. As culturas da goiaba, graviola, manga e sapoti contribuíram para a melhoria do índice de estratificação deste solo.

Evaluation of functional performance in commercial buildings

This report fully summarises a project designed to enhance commercial real estate performance within both operational and investment contexts through the development of a model aimed at supporting improved decision-making. The model is based on a risk adjusted discounted cash flow, providing a valuable toolkit for building managers, owners, and potential investors for evaluating individual building performance in terms of financial, social and environmental criteria over the complete life-cycle of the asset. The ‘triple bottom line’ approach to the evaluation of commercial property has much significance for the administrators of public property portfolios in particular. It also has applications more generally for the wider real estate industry given that the advent of ‘green’ construction requires new methods for evaluating both new and existing building stocks. The research is unique in that it focuses on the accuracy of the input variables required for the model. These key variables were largely determined by market-based research and an extensive literature review, and have been fine-tuned with extensive testing. In essence, the project has considered probability-based risk analysis techniques that required market-based assessment. The projections listed in the partner engineers’ building audit reports of the four case study buildings were fed into the property evaluation model developed by the research team. The results are strongly consistent with previously existing, less robust evaluation techniques. And importantly, this model pioneers an approach for taking full account of the triple bottom line, establishing a benchmark for related research to follow. The project’s industry partners expressed a high degree of satisfaction with the project outcomes at a recent demonstration seminar. The project in its existing form has not been geared towards commercial applications but it is anticipated that QDPW and other industry partners will benefit greatly by using this tool for the performance evaluation of property assets. The project met the objectives of the original proposal as well as all the specified milestones. The project has been completed within budget and on time. This research project has achieved the objective by establishing research foci on the model structure, the key input variable identification, the drivers of the relevant property markets, the determinants of the key variables (Research Engine no.1), the examination of risk measurement, the incorporation of risk simulation exercises (Research Engine no.2), the importance of both environmental and social factors and, finally the impact of the triple bottom line measures on the asset (Research Engine no. 3).

Managing knowledge in an outsourcing environment

What an organisation does versus what it out-sources to the market is a classic boundaries of the firm question that has previously been dominated by efficiency arguments. However, a knowledge-based view suggests these boundaries are integral to the ability of a firm to deploy existing knowledge stocks efficiently, as well as develop new knowledge through learning that will drive future competitiveness. Furthermore, the nature of these boundaries, in respect of their permeability is critical in understanding the likelihood of knowledge flowing into and out of the organisation. Using these concepts, we present a case study of Main Roads Western Australia to illustrate how these principles have allowed it to start rebuilding its internal capabilities through repositioning its operational boundaries and via ensuring their boundaries are highly porous as they move more major projects into alliance contracts.

An exploration of knowledge management and intellectual capital in a nonprofit organisation context

In recent years, practitioners and researchers alike have turned their attention to knowledge management (KM) in order to increase organisational performance (OP). As a result, many different approaches and strategies have been investigated and suggested for how knowledge should be managed to make organisations more effective and efficient. However, most research has been undertaken in the for-profit sector, with only a few studies focusing on the benefits nonprofit organisations might gain by managing knowledge. This study broadly investigates the impact of knowledge management on the organisational performance of nonprofit organisations. Organisational performance can be evaluated through either financial or non-financial measurements. In order to evaluate knowledge management and organisational performance, non-financial measurements are argued to be more suitable given that knowledge is an intangible asset which often cannot be expressed through financial indicators. Non-financial measurement concepts of performance such as the balanced scorecard or the concept of Intellectual Capital (IC) are well accepted and used within the for-profit and nonprofit sectors to evaluate organisational performance. This study utilised the concept of IC as the method to evaluate KM and OP in the context of nonprofit organisations due to the close link between KM and IC: Indeed, KM is concerned with managing the KM processes of creating, storing, sharing and applying knowledge and the organisational KM infrastructure such as organisational culture or organisational structure to support these processes. On the other hand, IC measures the knowledge stocks in different ontological levels: at the individual level (human capital), at the group level (relational capital) and at the organisational level (structural capital). In other words, IC measures the value of the knowledge which has been managed through KM. As KM encompasses the different KM processes and the KM infrastructure facilitating these processes, previous research has investigated the relationship between KM infrastructure and KM processes. Organisational culture, organisational structure and the level of IT support have been identified as the main factors of the KM infrastructure influencing the KM processes of creating, storing, sharing and applying knowledge. Other research has focused on the link between KM and OP or organisational effectiveness. Based on existing literature, a theoretical model was developed to enable the investigation of the relation between KM (encompassing KM infrastructure and KM processes) and IC. The model assumes an association between KM infrastructure and KM processes, as well as an association between KM processes and the various levels of IC (human capital, structural capital and relational capital). As a result, five research questions (RQ) with respect to the various factors of the KM infrastructure as well as with respect to the relationship between KM infrastructure and IC were raised and included into the research model: RQ 1 Do nonprofit organisations which have a Hierarchy culture have a stronger IT support than nonprofit organisations which have an Adhocracy culture? RQ 2 Do nonprofit organisations which have a centralised organisational structure have a stronger IT support than nonprofit organisations which have decentralised organisational structure? RQ 3 Do nonprofit organisations which have a stronger IT support have a higher value of Human Capital than nonprofit organisations which have a less strong IT support? RQ 4 Do nonprofit organisations which have a stronger IT support have a higher value of Structural Capital than nonprofit organisations which have a less strong IT support? RQ 5 Do nonprofit organisations which have a stronger IT support have a higher value of Relational Capital than nonprofit organisations which have a less strong IT support? In order to investigate the research questions, measurements for IC were developed which were linked to the main KM processes. The final KM/IC model contained four items for evaluating human capital, five items for evaluating structural capital and four items for evaluating relational capital. The research questions were investigated through empirical research using a case study approach with the focus on two nonprofit organisations providing trade promotions services through local offices worldwide. Data for the investigation of the assumptions were collected via qualitative as well as quantitative research methods. The qualitative study included interviews with representatives of the two participating organisations as well as in-depth document research. The purpose of the qualitative study was to investigate the factors of the KM infrastructure (organisational culture, organisational structure, IT support) of the organisations and how these factors were related to each other. On the other hand, the quantitative study was carried out through an online-survey amongst staff of the various local offices. The purpose of the quantitative study was to investigate which impact the level of IT support, as the main instrument of the KM infrastructure, had on IC. Overall several key themes were found as a result of the study: • Knowledge Management and Intellectual Capital were complementary with each other, which should be expressed through measurements of IC based on KM processes. • The various factors of the KM infrastructure (organisational culture, organisational structure and level of IT support) are interdependent. • IT was a primary instrument through which the different KM processes (creating, storing, sharing and applying knowledge) were performed. • A high level of IT support was evident when participants reported higher level of IC (human capital, structural capital and relational capital). The study supported previous research in the field of KM and replicated the findings from other case studies in this area. The study also contributed to theory by placing the KM research within the nonprofit context and analysing the linkage between KM and IC. From the managerial perspective, the findings gave clear indications that would allow interested parties, such as nonprofit managers or consultants to understand more about the implications of KM on OP and to use this knowledge for implementing efficient and effective KM strategies within their organisations.

Role of timberland in us investment portfolios

Timberland is now regarded as a long-term investment with both institutional investors and absentee owners. This paper utilises the NCREIF Timberland index to examine the performance of US timberland over the period of 1987-1999. US timberland was found to provide significant risk reduction and portfolio diversification benefits in the portfolio resulting from the low risk and low correlation with stocks and bonds. Timberland was also found to make a significant contribution to a portfolio of stocks, bonds and real estate, particularly at low to midrange portfolio risk levels.

The role of U.S. timberland in real estate portfolios

Timberland is seen as a long-term investment which has recently received increased institutional investor attention in many countries and potentially provides added value in a mixed-asset portfolio. Using the National Council of Real Estate Investment Fiduciaries (NCREIF) timberland series, this paper analyses the risk-adjusted performance and portfolio diversification benefits of timberland in the United States over the period of 1987-2007. U.S. timberland is seen to have been a strongly performed asset class with significant portfolio diversification benefits over this period; with a significant portfolio role separate to that of real estate. However, recent years have seen reduced risk-adjusted returns, with some loss of portfolio diversification benefits of timberland with stocks and real estate. Global drivers are likely to see increased future demand for timberland investment.