Leasing como alternativa de financiamento de empresas em Cabo Verde - Análise prática de efeitos económicos, financeiros e contabilísticos

Criar mecanismos que produzam e dinamizem o alcance de novos produtos financeiros surge como uma condição necessária para estimular o investimento. Além das condições intrínsecas próprias de uma economia o financiamento é quase que a espinha dorsal para favorecer o desenvolvimento e crescimento económicos. Diversificar as fontes de financiamento para que estas se adaptem à realidade económico-financeira das empresas é essencial, pois não só possibilita o crescimento das empresas nacionais, mas também cria um ambiente de negócios propício ao investimento externo. Convicto da relevância, o presente trabalho tem como escopo uma temática que a nível nacional pouco se tem abordado: trata-se locação financeira que na gíria financeira é entendida por leasing - que de forma sintética se traduz num contrato pelo qual uma das partes concede à outra o gozo temporário de uma coisa contra uma retribuição, e que posteriormente pode ser adquirida, num prazo convencionado, mediante pagamento de um preço determinado ou determinável, nos termos do próprio contrato. O enfoque está em estudar a relevância assumida pelo leasing enquanto fonte de financiamento de médio e longo prazo, no contexto cabo-verdiano, comparativamente à outra fonte – empréstimo bancário de médio e longo prazo. O trabalho reveste-se de uma componente teórica e uma prática. Na componente teórica trata-se do tema no geral, abrangendo uma resenha histórica, o enquadramento legal, das sociedades de locação financeira e dos contratos de locação financeira, tratamento contabilístico, as características específicas que se associam ao tema em apreço e igualmente uma breve análise fiscal. A parte prática desenvolve uma análise comparativa do leasing com o empréstimo bancário de médio e longo prazo onde foram retiradas as conclusões chegadas com o estudo. Resumidamente, pode-se que o leasing é certamente uma das melhores opções de financiamento não só para empresas como igualmente para clientes particulares, sendo, uma opção rápida, simples e vantajosa para o cliente bancário, especialmente se o facto de a propriedade do bem não pertencer ao titular do leasing não causar qualquer incómodo. Create mechanisms that produce and streamline the range of new financial products emerges as a necessary condition to stimulate investment. In addition to its own intrinsic conditions of an economy funding is almost the backbone to promote economic development and growth. Diversify the sources of funding for these adapt to the reality of the economic-financial firms is essential because not only enables the growth of domestic companies, but also creates a business environment conducive to foreign investment. Convinced of the relevance, this work is scoped to a theme that nationally there has been little discussed: it is leasing in slang that is understood by financial leasing - which synthetically translates into a contract whereby one party grants to the another the temporary enjoyment of a thing against retribution, and that can later be acquired within the agreed upon payment of a specified or ascertainable under the contract. The focus is on studying the relevance assumed by leasing as a source of financing medium and long term, the Cape Verdean context, compared to other sources - bank loan of medium and long term. The work has a theoretical and a practical component. In the theoretical part it is the theme in general, covering a historical perspective, the legal framework, the leasing companies and financial leasing contracts, accounting treatment, specific characteristics that are associated to the topic at hand and equally a brief fiscal analysis. The practical part develops a comparative analysis of leasing with bank loan of medium and long term which were withdrawn with the conclusions reached with the study. Briefly, it may be that leasing is certainly one of the best financing options not only by companies as also by private customers, being a fast, simple and profitable for the bank customer, especially if the fact that the ownership of the property does not belong the holder of the lease does not cause any discomfort.

Measuring and explaining farm inefficiency in a panel data set of mixed farms

This paper aims to estimate a translog stochastic frontier production function in the analysis of a panel of 150 mixed Catalan farms in the period 1989-1993, in order to attempt to measure and explain variation in technical inefficiency scores with a one-stage approach. The model uses gross value added as the output aggregate measure. Total employment, fixed capital, current assets, specific costs and overhead costs are introduced into the model as inputs. Stochasticfrontier estimates are compared with those obtained using a linear programming method using a two-stage approach. The specification of the translog stochastic frontier model appears as an appropriate representation of the data, technical change was rejected and the technical inefficiency effects were statistically significant. The mean technical efficiency in the period analyzed was estimated to be 64.0%. Farm inefficiency levels were found significantly at 5%level and positively correlated with the number of economic size units.

Are tax subsidies for private medical insurance self-financing? Evidence from a microsimulation model for outpatient and inpatient episodes

This paper analyses whether or not tax subsidies to private medicalinsurance are self-financing by means of a structural approach. Weconstruct a simulation routine based on a microeconometric discretechoice model that allows us to evaluate the impact of premium changeson the utilisation of outpatient and inpatient health care services. Wesimulate the 1999 Spanish tax reform that abolished the tax deductionfor expenditures on private health insurance using a representativesample of the Catalan population. Prior to this reform, foregone taxrevenue arising from deductions after the purchase of private insuranceamounted to 69.2 M. per year. In contrast, the elimination of thesubsidies to private policies is estimated to generate an extra costfor the public sector of about 8.9 M. per year.

Socio-economic inequalities in health in Catalonia

In this paper we measure the degree of income related inequality in mental health as measured by the GHQ instrument and general health as measured by the EQOL-5D instrument for the Catalan population. We find that income is the main contributor to inequality, although the share of inequality in mental health that can be explained by income is much greater than the corresponding share of inequality in general health. We also find that the variation in demographic structure reduces income related inequality in mental health but increases income related inequality in general health. The regional variations in both instruments for health are striking, with the Barcelona districts faring relatively bad with respect to the rest of geographical areas and Lleida being the health region where, all else held equal, the population reports the greatest level of health. A big share of inequality in the two health measures, but specially mental health, is due to the favourable position in both health and income of those who enjoy an indefinite contract with respect to the rest of individuals. We also find that risky working conditions affect both health measures and are able to explain an important share of socio-economic inequality.

University admission marks in Catalonia: Some highlights from the empirical research

The results of the examinations taken by graduated high school studentswho want to enrol at a Catalan university are here studied. To do so,the authors address several issues related to the equity of the system:reliability of grading, difficulty and discrimination power of the exams.The general emphasis is put upon the concurrent research and empiricalevidence about the properties of the examination items and scores. Aftera discussion about the limitations of the exams' format and appropriatenessof the instruments used in the study, the article concludes with somesuggestions to improve such examinations.

Voto dual y abstención diferencial. Un estudio sobre el comportamiento electoral en Cataluña

En este trabajo se presentan los resultados de un estudio empírico sobre los motivos del cambio sistemático de resultados electorales que se da en Cataluña según el ámbito de la convocatoria electoral de que se trate. La hipótesis, contrastada positivamente con datos del período 1982-1993, es que la victoria del partido nacionalista de centro derecha en las elecciones autonómicas en un territorio donde vencen siempre los socialistas en las elecciones legislativas se debe a la combinación de los fenómenos del voto dual y del abstencionismo diferencial. La aproximación metodológica de la elección racional permite construir grupos de electores que tienen distintas percepciones del espacio en el que se dirime la competición política, hecho que les induce a un comportamiento electoral diferenciado. Combinando estos resultados con los obtenidos del análisis con datos socioestructurales agregados, se establece un cierto perfil de los votantes duales y de los abstencionistas diferenciales. Finalmente, se realiza una interpretación de los resultados de las elecciones catalanas de 1995 y 1999 a la luz de los resultados de este estudio.This article presents the results of an empirical study about the reasons of the systematic change in the electoral results in Catalonia according to the type of elections. The hypothesis, positively tested with data from the period 1982-1993, is that the victory of the nationalist centre-right party in the autonomous elections in a region where always wins the socialist party in general elections, is due to the combination of the dual vote and differential abstention phenomena. The rational choice methodological approach allow to construct groups of electors with different perceptions about the space in which the political race takes place, fact that induces them different electoral behaviour. In combining these results with those obtained from the analysis with aggregated social and structural data, it is defined a certain the profile of the dual voters and the differential non-voters. Finally, it is given an interpretation of the Catalan election results in 1995 and 1999 using as a clue the results of this study.

El campo volcánico catalán

Catalan volcanic field, in Iberian Peninsula Northeast, has been made during Neogene and Quaternary. It is made up Empordà, la Selva and la Garrotxa Zones, the best volcanic morphology is in the last one because is the most recent. In this paper we explain the volcanic rocks general characteristics, what eruption activity generate it and the final volcanic edifice morphology. Finally, we propose some crops to visit

Traduir Oscar Wilde: vicissituds pràctiques i implicacions teòriques

A partir d’uns quants entrebancs en la tasca de la traducció al català de l’obra An Ideal Husband d’Oscar Wilde (anomenats 'anècdotes'), s’observen i s’analitzen determinats conceptes teòrics sobre la traducció i algunes consideracions generals sobre l’especificitat de la traducció teatral (dites 'categories'), com són els de funcionalitat, representabilitat, fluïdesa, visibilitat, equivalència, reescriptura, fidelitat, adequació, acceptabilitat o estrangerització. La consideració d’aquests valors manejats per la teoria de la traducció entra aquí en diàleg amb les vicissituds de la pràctica de la traducció dramàtica, diàleg del qual resulta una reafirmació d’alguns d’aquests valors i, per contra, l’evidència de l’escassa productivitat (almenys amb caràcter universal) d’alguns altres

Joan Sales, una traducció i una novel·la sense punt final

La història de la traducció francesa d’Incerta glòria i les relacions epistolars entre l’autor i el seu traductor permeten entendre millor el procés de composició de la gran novel·la de Joan Sales, sempre necessitat d’explicar la seva veritat i permanentment insatisfet amb la seva obra

Ferran Canyameres, la creació de l'Editorial Albor i la, fàbrica Simenon

En plena ocupació alemanya de França, amb la intel·lectualitat catalana fraccionada entre els escriptors de l’interior i els de l’exili, i aquests últims encara repartits entre els diversos països que van acollir la diàspora republicana, l’escriptor Ferran Canyameres va tenir la idea de crear una editorial popular per acostar al public lector de Catalunya l’obra de l’inoblidable creador del comissari Maigret

IV Col·loqui Internacional Problemes i Mètodes de Literatura Catalana Antiga. Història i llegenda al Renaixement (Universitat de Girona, 8-11 de juliol del 2002)

Crònica IV Col·loqui Internacional Problemes i Mètodes de Literatura Catalana Antiga. Història i llegenda al Renaixement (Universitat de Girona, 8-11 de juliol del 2002)

Nanotechnology: What is it and how will it affect us?

A non-technical review of nanotechnology from a Catalan perspective – its potential economic and social impacts and the potential role of public policy.

Escriptura en femení a l'àmbit lingüístic català (segles XVI-XVIII)

Comentari d'alguns treballs que recullen i aborden la presència femenina en el món literari català dels segles XVI-XVIII, una presència sovint silenciada i que cal recuperar

Escriure poesia al convent entre la devoció i l'obediència. Primera aproximació a un manuscrit femení del segle XVIII

El manuscrit que ens disposem a donar a conèixer és un tresor documental interessantíssim per abordar l’estudi dels usos poètics de les dones d’època moderna als territoris de parla catalana, no només pel nombre de composicions recuperades d’una mateixa autora (un total de 53 poesies espirituals, no catalogades i desconegudes fins ara) sinó perquè es tracta d’un dels pocs autògrafs femenins accessibles per a la recerca. La inexistència de treballs dedicats exclusivament a la poesia femenina d’època moderna al panorama català, ens obliga necessàriament a iniciar el treball amb una primera part introductòria dedicada a qüestions relatives als usos poètics de les dones dels segles XVI-XVIII, tot centrant-nos en algunes autores de l’àmbit conventual, al qual pertany el manuscrit objecte d’estudi. En la segona part del treball, ens centrem particularment en l’anàlisi i estudi del manuscrit. Així doncs, en una primera aproximació, descrivim el contingut del quadern, íntegrament en castellà, que recull composicions d caire espiritual i devot, i esbossem les dades biogràfiques de l’autora, la religiosa dominica sor Eulària Teixidor. Tot partint dels interessants estudis apareguts en els darrers anys sobre la literatura conventual femenina, intentem vincular aquest manuscrit amb la variada producció monàstica escrita per nombroses religioses de l’època sota manament del confessor

Vicent Garcia, poeta europeu

Si hi ha un període postmedieval similar al nostre d’avui en la història literària catalana en el qual els nostres escriptors -trencant radicalment amb una tradició ja obsoleta (com era la del cinc-cents en la seva major part)- es posen a l’alçada dels corrents literaris europeus, aquest és el període barroc (cf. Rossich 1984 ). El text que em proposo analitzar i comparar il·lustra perfectament aquesta circumstància