The development of the private equity industry since the 2008 financial crisis

The private equity industry was experiencing a phenomenal boom at the turn of the century but collapsed abruptly in 2008 with the onset of the financial crisis. Considered one of the worst crises since the Great Depression of the 1930s, it had sent ripples around the world threatening the collapse of financial institutions and provoking a liquidity crunch followed by a huge downturn in economic activity and recession. Furthermore, the physiognomy of the financial landscape had considerably altered with banks retracting from the lending space, accompanied by a hardening of financial regulation that sought to better contain systemic risk. Given the new set of changes and challenges that had arisen from this period of financial turmoil, private equity found itself having to question current practices and methods of operation in order to adjust to the harsh realities of a new post-apocalyptic world. Consequently, this paper goes on to explore how the private equity business, management and operation model has evolved since the credit crunch with a specific focus on mature markets such as the United States and Europe. More specifically, this paper will aim to gather insights on the development of the industry since the crisis in Western Europe through a case study approach using as a base interviews with professionals working in the industry and those external to the sector but who have/have had considerable interaction with PE players from 2007 to the present.

Relação entre os resultados do estudo de competitividade do turismo nacional e a agenda do Ministério do Turismo

O turismo vem crescendo bastante em todo mundo e sendo enquadrado, cada vez mais, na perspectiva econômica, pelos resultados que proporciona. Nesse contexto, o desempenho de seus destinos passou a ser avaliado com o mesmo parâmetro de outras atividades do mercado: a competitividade. No Brasil, para atender à meta do Plano Nacional de Turismo de estruturar 65 destinos turísticos, de modo a deixá-los em condições de competir internacionalmente, a Fundação Getúlio Vargas, o Ministério do Turismo e o Serviço Nacional de Apoio às Micro e Pequenas Empresas realizaram um diagnóstico de seus níveis de competitividade. Os resultados, apontando as ações necessárias, encontram-se descritos no “Estudo de Competitividade de 65 Destinos Indutores do Desenvolvimento do Turismo Regional”. O objetivo deste trabalho é verificar se os resultados desse Estudo, dado o prazo estabelecido no Plano para estruturação dos destinos, influenciaram a agenda do Ministério do Turismo, em termos de criação de vertentes específicas de programas para alcance das finalidades previstas. Para tanto, foi feita uma pesquisa documental, por meio da qual se comprovou que os problemas detectados no Estudo não foram considerados prioridade, permanecendo no patamar dos demais problemas do país, nem sua solução foi alinhada às ações do Ministério.

Post-larval morphology, growth, and development of Uca cumulanta Crane, 1943 (Crustacea, Decapoda, Ocypodidae) under laboratory conditions

Fundação de Amparo à Pesquisa do Estado de São Paulo (FAPESP)

Annexin-A1 gene expression during liver development and post-translation modification after experimental endotoxemia

Objective and design: We have previously reported a role for annexin-A1 in liver proliferation and tumorogenicity as well as its action as an acute phase protein in a model of endotoxemia in interleukin-6 null mice.Material and methods: In this study, we have investigated the analysis of the gene and protein expression in annexin-A1 null mice and the wild type livers during foetal and adult life, and in the presence of a proinflammatory stimulus.Results: The data indicate a link between the expression of the annexin-A1 as serine-phosphorylated-protein during early events of the inflammatory response and as tyrosine-phosphorylated-form at later time-points, during the resolution of inflammation.Conclusions: The study of annexin-A1 post-translation modification may promote a new annexin-A1 peptide discovery programme to treat specific pathologies.

Ex-post evaluation of the employment effects of a preferential trade agreement: methodological issues, illustrated with a reference to Chile

Includes bibliography

Two decades of adjustment and agricultural development in Latin America and the Caribbean

Includes bibliography

The elusive goal of regional development: between the black box and the political agenda

Includes bibliography

Two decades of adjustment and agricultural development in Latin America and the Caribbean

Includes bibliography

Structural constraints on development in Latin America and the Caribbean: a post-crisis reflection

Includes bibliography

ECLAC Sessional Ad Hoc Committee on Population and Development: annotated provisional agenda

Includes bibliography

ECLAC Sessional Ad Hoc Committee on Population and Development: provisional agenda

Includes bibliography