Arts Council Ballet Policy Review

In May 2006 the Arts Council commissioned an independent review of the context and issues affecting professional ballet in Ireland. The findings were subsequently collated in a policy paper entitled Towards a Strategy of Support for Professional Ballet in Ireland, which was published in 2007 and adopted by the Council in the same year. The report acknowledged ballet as an integral part of cultural life and its importance to the development of many forms of professional dance. The document set forth a number of recommendations that have since formed the basis of art-form policy and funding relationships with ballet organisations.
In parallel since then, a number of important changes have taken place within the ballet sector. Some of these changes are the inevitable consequences of these difficult financial times. However, despite these funding challenges, the sector has managed to retain its vibrancy and popularity with national audiences. While the sector continues to evolve, the limited financial resources available to the Council have become an obstacle to implementing the road map envisioned in 2007. Given its significance and popularity, ballet remains an extraordinarily underdeveloped art form in Ireland. A key weakness of the sector is that future development of ballet provision remains fundamentally uncertain and is still overly dependent on the personal and professional commitment of a few individuals.
This review aims to analyse the current situation, discuss and consider how matters might be progressed and to propose a comprehensive framework for the development of ballet in Ireland. The purpose of the review is to provide an objective point of reference for the Arts Council‘s medium- term ballet policy and to inform and guide future public investment in the art form. The review also intends to progress the work undertaken since 2007 in response to the document Towards a Strategy of Support for Professional Ballet in Ireland.
Within a wider perspective, the review is expected to provide compelling evidence of ballet's relevance to Irish cultural life. It will also create an opportunity for the Council to engage with relevant stakeholders with a view to addressing the challenge of how best to provide for ballet on a sustainable basis within the context of a changed financial environment and an evolving professional sector. There is reason to expect this review will also assist the sector in giving voice to its aspirations and needs. This would certainly assist the Council in garnering support for a blueprint for the consolidation of professional ballet practice and education in Ireland.
It is envisioned the ballet policy review will be closely aligned to the Arts Council‘s own high-level objectives and will take account of developments that may arise from the broader process of strategic review the Council will undertake in 2014.

Reforming civil engineering studies in recession times

The recent global economic and financial crisis has led the economies of many countries into recession, in particular at the periphery of the European Union. These countries currently face a significant contraction of both public investment in infrastructure and private investment in buildings and, as a result, the unemployment is particularly noticeable in the civil engineering and building sectors. Consequently, in all countries in recession the professional development of fresh civil engineering graduates is disproportionate to their high study effort and qualifications, since they rarely have the opportunity to gain experience in practice and their knowledge gradually becomes obsolete. Under these circumstances, it is imperative for the technical universities in countries in recession to plan and implement a substantial reform of the civil engineering studies syllabus. The objective should be to enable graduates to broaden the scope of their professional activity and increase their employability. In this paper, the widening of civil engineering studies curricula is proposed, in particular in the light of the development of the graduates’ potential on project, programme and portfolio management. In this direction, after a thorough literature review, including ASCE's Body of Knowledge for the 21st century and IPMA's Competence Baseline, it is recommended among others: to increase significantly the offered modules on project management and add new modules on strategy management, leadership behavior, delivery management, organization and environment etc; to provide adequate professional training during the university studies five year period; and to promote fresh graduates’ certification by professional bodies. The proposals are exemplified by presenting a reformed syllabus for the civil engineering studies offered currently by the National Technical University of Athens.

Mota-Engil new prospects of growth: Overcoming the financial crisis

The 2008 global financial crisis caused the collapse of business key sectors, declines in consumer wealth and a fall in economic activity resulting in a global recession. In some European countries, the 2008 crisis contributed to a sovereign-debt crisis which had a strong impact in Southern European countries. The construction sector was particularly affected, with budget cuts disturbing public investment and no financing available for private constructors. This report intends to explain how Mota-Engil, faced this situation of low growth, and which strategies were adopted by the management to overcome the difficult economic conjecture, mainly in its domestic market: Portugal. The report is organized as a case-study. The first part, the case narrative, is subdivided into 6 parts, and the second part is the teaching note. The teaching note is constituted by the four questions and their respective responses.

On the dynamic effects of fiscal policy

Dans le sillage de la récession mondiale de 2008-09, plusieurs questions ont été soulevées dans la littérature économique sur les effets à court et à long terme de la politique budgétaire sur l’activité économique par rapport à son signe, sa taille et sa durée. Ceux-ci ont des implications importantes pour mieux comprendre les canaux de transmission et l’efficacité des politiques budgétaires, avec la politique monétaire étant poursuivi, ainsi que pour leurs retombées économiques. Cette thèse fait partie de ce regain d’intérêt de la littérature d’examiner comment les changements dans la politique budgétaire affectent l’activité économique. Elle repose alors sur trois essais: les effets macroéconomiques des chocs de dépenses publiques et des recettes fiscales, les résultats macroéconomiques de l’interaction entre les politiques budgétaire et monétaire et le lien entre la politique budgétaire et la répartition des revenus. Le premier chapitre examine les effets des chocs de politique budgétaire (chocs de dépenses publiques et chocs de recettes fiscales) sur l’économie canadienne au cours de la période 1970-2010, en s’appuyant sur la méthode d’identification des restrictions de signe développée par Mountford et Uhlig [2009]. En réponse à la récession mondiale, les autorités fiscales dans les économies avancées, dont le Canada ont généralement mis en oeuvre une approche en deux phases pour la politique budgétaire. Tout d’abord, ils ont introduit des plans de relance sans précédent pour relancer leurs économies. Par exemple, les mesures de relance au Canada, introduites à travers le Plan d’action économique du Canada, ont été projetées à 3.2 pour cent du PIB dans le budget fédéral de 2009 tandis que l’ "American Recovery and Reinvestment Act"(ARRA) a été estimé à 7 pour cent du PIB. Par la suite, ils ont mis en place des plans d’ajustement en vue de réduire la dette publique et en assurer la soutenabilité à long terme. Dans ce contexte, évaluer les effets multiplicateurs de la politique budgétaire est important en vue d’informer sur l'efficacité de telles mesures dans la relance ou non de l'activité économique. Les résultats montrent que les multiplicateurs d'impôt varient entre 0.2 et 0.5, tandis que les multiplicateurs de dépenses varient entre 0.2 et 1.1. Les multiplicateurs des dépenses ont tendance à être plus grand que les multiplicateurs des recettes fiscales au cours des deux dernières décennies. Comme implications de politique économique, ces résultats tendent à suggérer que les ajustements budgétaires par le biais de grandes réductions de dépenses publiques pourraient être plus dommageable pour l'économie que des ajustements budgétaires par la hausse des impôts. Le deuxième chapitre, co-écrit avec Constant Lonkeng Ngouana, estime les effets multiplicateurs des dépenses publiques aux Etats-Unis en fonction du cycle de la politique monétaire. Les chocs de dépenses publiques sont identifiés comme étant des erreurs de prévision du taux de croissance des dépenses publiques à partir des données d'Enquêtes des prévisionnistes professionnels et des informations contenues dans le "Greenbook". L'état de la politique monétaire est déduite à partir de la déviation du taux des fonds fédéraux du taux cible de la Réserve Fédérale, en faisant recours à une fonction lisse de transition. L'application de la méthode des «projections locales» aux données trimestrielles américaines au cours de la période 1965-2012 suggère que les effets multiplicateurs des dépenses fédérales sont sensiblement plus élevées quand la politique monétaire est accommodante que lorsqu'elle ne l'est pas. Les résultats suggèrent aussi que les dépenses fédérales peuvent stimuler ou non la consommation privée, dépendamment du degré d’accommodation de la politique monétaire. Ce dernier résultat réconcilie ainsi, sur la base d’un cadre unifié des résultats autrement contradictoires à première vue dans la littérature. Ces résultats ont d'importantes implications de politique économique. Ils suggèrent globalement que la politique budgétaire est plus efficace lorsqu'on en a le plus besoin (par exemple, lorsque le taux de chômage est élevé), si elle est soutenue par la politique monétaire. Ils ont également des implications pour la normalisation des conditions monétaires dans les pays avancés: la sortie des politiques monétaires non-conventionnelles conduirait à des multiplicateurs de dépenses fédérales beaucoup plus faibles qu'autrement, même si le niveau de chômage restait élevé. Ceci renforce la nécessité d'une calibration prudente du calendrier de sortie des politiques monétaires non-conventionnelles. Le troisième chapitre examine l'impact des mesures d'expansion et de contraction budgétaire sur la distribution des revenus dans un panel de 18 pays d'Amérique latine au cours de la période 1990-2010, avec un accent sur les deniers 40 pour cent. Il explore alors comment ces mesures fiscales ainsi que leur composition affectent la croissance des revenus des dernier 40 pour cent, la croissance de leur part de revenu ainsi que la croissance économique. Les mesures d'expansion et de contraction budgétaire sont identifiées par des périodes au cours desquels il existe une variation significative du déficit primaire corrigé des variations conjoncturelles en pourcentage du PIB. Les résultats montrent qu'en moyenne l'expansion budgétaire par la hausse des dépenses publiques est plus favorable à la croissance des revenus des moins bien-nantis que celle par la baisse des impôts. Ce résultat est principalement soutenu par la hausse des dépenses gouvernementales de consommation courante, les transferts et subventions. En outre ces mesures d’expansion budgétaire sont favorables à la réduction des inégalités car elles permettent d'améliorer la part des revenus des moins bien-nantis tout en réduisant la part des revenus des mieux-nantis de la distribution des revenus. En outre ces mesures d’expansion budgétaire sont favorables à la réduction des inégalités car elles permettent d'améliorer la part des revenus des moins bien-nantis tout en réduisant la part des revenus des mieux-nantis de la distribution des revenus. Cependant, l'expansion budgétaire pourrait soit n'avoir aucun effet sur la croissance économique ou entraver cette dernière à travers la hausse des dépenses en capital. Les résultats relatifs à la contraction budgétaire sont quelque peu mitigés. Parfois, les mesures de contraction budgétaire sont associées à une baisse de la croissance des revenus des moins bien nantis et à une hausse des inégalités, parfois l'impact de ces mesures est non significatif. Par ailleurs, aucune des mesures n’affecte de manière significative la croissance du PIB. Comme implications de politique économique, les pays avec une certaine marge de manœuvre budgétaire pourraient entamer ou continuer à mettre en œuvre des programmes de "filets de sauvetage"--par exemple les programmes de transfert monétaire conditionnel--permettant aux segments vulnérables de la population de faire face à des chocs négatifs et aussi d'améliorer leur conditions de vie. Avec un potentiel de stimuler l'emploi peu qualifié, une relance budgétaire sage par les dépenses publique courantes pourrait également jouer un rôle important pour la réduction des inégalités. Aussi, pour éviter que les dépenses en capital freinent la croissance économique, les projets d'investissements publics efficients devraient être prioritaires dans le processus d'élaboration des politiques. Ce qui passe par la mise en œuvre des projets d'investissement avec une productivité plus élevée capable de générer la croissance économique nécessaire pour réduire les inégalités.

"La sostenibilidad de los proyectos de desarrollo alternativo en Colombia: el caso del proyecto B-91 de UNODC"

Este artículo busca evaluar la sostenibilidad de un proyecto de desarrollo alternativo realizado por la Oficina de las Naciones Unidas Contra la Droga y el Delito en Colombia (UNODC) una vez que esta institución se retiró de la zona de implementación del proyecto. El proyecto analizado se llevó a cabo en 30 municipios entre los años 1997 y 2003. Para determinar si este proyecto fue sostenible, se realizó una breve introducción al tema de la evaluación de proyectos de inversión pública, se delimitó el concepto de desarrollo y se contextualizó el concepto de desarrollo alternativo en Colombia. En el estudio empírico se escogieron cinco indicadores para evaluar la sostenibilidad del proyecto: número de familias asociadas, número de hectáreas erradicadas, ingresos de la organización campesina, cantidad de producción lícita y número de hectáreas sembradas. Estos indicadores fueron contrastados entre el año 2003 – fecha de finalización del proyecto – y el año 2006 para determinar su comportamiento en el mediano plazo, luego de 3 años de haber finalizado las actividades de UNODC en el proyecto. Se encontró finalmente, con base en la comparación de dichos indicadores, que este proyecto es sostenible, con base en los indicadores utilizados, pero que debido a la forma como está planteada la política anti-drogas en Colombia el impacto de estas experiencias exitosas en el problema general de los cultivos ilícitos en el país es muy reducido.

Régimen político y límites de la democracia en regiones afectadas por conflicto armado y cultivos ilícitos: el caso del Catatumbo

Este artículo se basa en una investigación realizada en tres municipios de la región del Catatumbo (Norte de Santander, Colombia); analiza las disfunciones en el arreglo institucional, derivadas de la presencia de grupos armados ilegales activos y de cultivos ilícitos; señala las afectaciones que se presentan en el régimen político y en el ejercicio de la democracia; y plantea los problemas que deben afrontar los gobiernos locales para dar cumplimiento a su mandato.El artículo propone que la acción del Estado en esta región se ve afectada por fuertes fallas de legitimidad, eficiencia y eficacia, las cuales generan limitaciones críticas a la gobernabilidad del territorio. Dichas fallas tienen que ver con la supresión del pacto social y con la inoperancia de la democracia en su versión mínima. Se concluye que en los municipios estudiados, las fallas de Estado disminuyen radicalmente los costos de transacción de los grupos armados ilegales para acceder al control del territorio y establecerse como agencias de protección en competencia con el Estado. Además, conducen al establecimiento de un círculo de afectación perverso en el que el aumento de los costos de inversión pública necesarios para la corrección de dichas fallas hace que a su vez disminuya el interés de los actores del ámbito político para solucionarlas, generando una trampa crónica de reducción de la gobernabilidad en la escala regional.-----This article is based on research carried out in three municipalities of the Catatumbo (North Santander department, Colombia) region, and analyzes institutional arrangement dysfunctions that arise from active illegal armed groups and illicit crops, pointing out the effects on the political regime and the exercise of democracy and stating the problems that must be faced by local governments in order to perform their mandate.The article suggests that Government action in this region has been affected by deep failures in legitimacy, efficiency, and effectiveness, which generated critical limitations to governability in that territory. Such failures are related to the factual suppression of the social contract and to the ineffectiveness of a democracy in its least representation. It concludes that in the municipalities under examination, Government failures strongly reduce the settlement costs for illegal armed groups to access territory control and to establish as protection agents in competition with the State. They also lead towards the establishment of a vicious affectation cycle where the cost increase of the public investment required to correct such failures in turn reduces political actors’ interest in solving them, thus creating a chronic trap that reduces governability in the regional level.

Smart choices for growth. Bruegel Policy Contribution 2012/21, November 2012

Recovery in Greece, Italy, Portugal and Spain is held back in part by structural barriers. Overcoming these requires structural reform and public investment. Given the limited availability of political and financial capital, prioritising reform efforts and spending is important, but difficult. The different success factors for individual sectors are complementary. Using the example of the high-tech industry, we make the case that only investing in one success factor (eg broadband infrastructure) without having a sufficient endowment of others (eg education) is unlikely to make the sector successful. One consequence of the complementarity of the different success factors is that public investment and reform efforts should be fine-tuned in order to match the endowment of other factors. This might imply an increase in efforts to tackle several structural barriers at the same time, but it might also imply reducing investment in less promising fields. This in turn requires strategic thinking about whether it is worthwhile pursuing development strategies that require investment in many success factors but that do not promise much success. Such a strategic approach to public investment and reform efforts might make the allocation of scarce public financial and political capital more efficient.

Human capital and growth under political uncertainty

In this paper we show how political uncertainty may impede economic growth by reducing public investment in the formation of human capital, and how this negative effect of political uncertainty can be offset by a government contract. We present a model of growth with accumulation of human capital and government investment in education. We show that in a country with an unstable political system the government is reluctant to invest in human capital. Low government spending on education negatively affects productivity and slows growth. Furthermore, a politically unstable economy may be trapped in a stagnant equilibrium. We also demonstrate the role of a government retirement contract. Public investment in education and economic growth are higher when the future retirement compensation of the government depends on the future national income, in comparison with investment under zero or fixed retirement compensation.

Species richness declines and biotic homogenization have slowed down for NW-European pollinators and plants

Concern about biodiversity loss has led to increased public investment in conservation. Whereas there is a widespread perception that such initiatives have been unsuccessful, there are few quantitative tests of this perception. Here, we evaluate whether rates of biodiversity change have altered in recent decades in three European countries (Great Britain, Netherlands and Belgium) for plants and flower visiting insects. We compared four 20-year periods, comparing periods of rapid land-use intensification and natural habitat loss (1930–1990) with a period of increased conservation investment (post-1990). We found that extensive species richness loss and biotic homogenisation occurred before 1990, whereas these negative trends became substantially less accentuated during recent decades, being partially reversed for certain taxa (e.g. bees in Great Britain and Netherlands). These results highlight the potential to maintain or even restore current species assemblages (which despite past extinctions are still of great conservation value), at least in regions where large-scale land-use intensification and natural habitat loss has ceased.

Biopharmaceutical innovation and industrial developments in South Korea, Singapore and Taiwan

South Korea, Singapore and Taiwan are well known as export-oriented developmental states which for decades employed industrial policy to target particular industries for government support. In the past fifteen years, these three countries all identified the biopharmaceutical industry as a strategic sector. This article explores, through economic analysis, the rationale for this decision and the strategies chosen for linking into the global bio-economy with the objective of catching up in biopharmaceuticals. The paper identifies three comparative advantages enjoyed by these countries in the biopharma sector: (1) public investments in basic research; (2) private investments in phase 1 clinical trials; and (3) a potentially significant contract research industry managing latter-stage clinical trials. Governments employ a range of industrial policies, consistent with these comparative advantages, to promote the biopharmaceutical industry, including public investment in biomedical hubs, research funding and research and development (R&D) tax credits. We argue that the most important feature of the biopharmaceutical industry in these countries is the dominant role of the public sector. That these countries have made progress in innovative capabilities is illustrated by input measures such as R&D expenditure as share of gross domestic product, number of patents granted and clinical trials, and volume of foreign direct investment. In contrast, output indicators such as approval of new chemical entities suggest that the process of catching up has only just commenced. Pharmaceutical innovation is at the stage of mainly generating inputs to integrated processes controlled by the globally incumbent firms.

The pornography of trauma : faking identity in misery memoirs

Examining hoax memoirs by James Frey (2003), Dave Pelzer (1995) and Kathy O’Beirne (2006), this paper illustrates how anxieties about the inability of representation to provide a direct access to truth are mitigated via an emotional connection with the text. While the degree of faking varies, each scandal reveals concerns about authenticity and the need to find—or feel—something that can be accepted as unquestionably ‘true’. The mimicking performed by a fake unsettles the boundaries between fact and fiction to reveal a public investment in an undisturbed effect of the real, a willingness to accept a blurring of ‘truth’ in the interests of the sensational experience of literature.

Cancer 2015: a longitudinal whole-of-system study of genomic cancer medicine

Genomic cancer medicine promises revolutionary change in oncology. The impacts of 'personalized medicine', based upon a molecular classification of cancer and linked to targeted therapies, will extend from individual patient outcomes to the health economy at large. To address the 'whole-of-system' impact of genomic cancer medicine, we have established a prospective cohort of patients with newly diagnosed cancer in the state of Victoria, Australia, about whom we have collected a broad range of clinical, demographic, molecular, and patient-reported data, as well as data on health resource utilization. Our goal is to create a model for investigating public investment in genomic medicine that maximizes the cost:benefit ratio for the Australian community at large.

Impactos de Bem-estar da Privatização de Infra-estrutura

Rio de Janeiro

Infrastructure privatization in a neoclassical economy : macroeconomic impact and welfare computation

In this paper a competitive general equilibrium model is used to investigate the welfare and long run allocation impacts of privatization. There are two types of capital in this model economy, one private and the other initially public ("infrastructure"), and a positive externality due to the latter is assumed. A benevolent government can improve upon decentralized allocation internalizing the externality, but it introduces distortions in the economy through the finance of its investments. It is shown that even making the best case for public action - maximization of individuals' welfare, no• operation inefficiency and free supply to society of infrastructure services - privatization is welfare improving for a large set of economies. Hence, arguments against privatization based solely on under-investment are incorrect, as this maybe the optimal action when the financing of public investment are considered. When operation inefficiency is introduced in the public sector, gains from privatization are much higher and positive for most reasonable combinations of parameters .

Ajuste macroeconômico e empréstimos externos no Brasil, 1995-2004

O presente estudo analisa a o impacto das restrições macroeconômicas, que emergiram no bojo da crise cambial de 1999, sobre a contratação de empréstimos externos pelo governo brasileiro junto às agências multilaterais de crédito, entre 1995-2004. A idéia básica é que a estratégia de equacionamento da crise externa teve reflexos diretos sobre o comportamento dos empréstimos contratados junto aos Multilateral Development Banks. Mais especificamente, o conjunto de políticas adotadas pelo governo brasileiro acabou promovendo tanto uma mudança na natureza como uma substancial redução na contratação de empréstimos principalmente junto ao Banco Mundial e ao Banco Inter americano de Desenvolvimento. Em decorrência, a estratégia de ajuste adotada, apesar do seu mérito, acabou privando o governo brasileiro de uma fonte barata de recursos e comprometendo o investimento do setor público.