In recent years, enormous strides have been made in the art and science of
credit risk measurement and management. Much of the energy in this area
has resulted from dissatisfaction with traditional approaches to credit risk
measurement and with the current Bank for International Settlements (BIS)
Tuyển tập các báo cáo nghiên cứu về y học được đăng trên tạp chí y học Critical Care giúp cho các bạn có thêm kiến thức về ngành y học đề tài: Assessment and risk reduction of infectious pathogens on chiropractic treatment tables...
(BQ) Part 1 book "Preoperative assessment and management" presentation of content: Risk reduction and risk assessment, overview of preoperative evaluation and testing, ischemic heart disease, endocrine and metabolic disorders, hematologic issues, renal disease, hepatobiliary disease, neurologic disease.
CHAPTER 1 Managed Futures and Hedge Funds:
A Match Made in Heaven. In this chapter we study the possible role of managed futures in portfolios
of stocks, bonds, and hedge funds. We find that allocating to managed futures allows investors to achieve a very substantial degree of overall risk
reduction at, in terms of expected return, relatively limited costs.
Safety/Reliability engineering did not develop as a unified discipline, but grew out of the
integration of a number of activities, previously the province of various branches of engineering.
Since no human activity can enjoy zero risk, and no equipment has a zero rate of failure,
there has emerged a safety technology for optimizing risk. This attempts to balance the risk
of a given activity against its benefits and seeks to assess the need for further risk reduction
depending upon the cost.
The negative coefficient of risk on leverage, both in market and book values, is in line
with standard corporate finance arguments, but also consistent with the regulatory view. In its
pure form, in which regulation constitutes the overriding departure from the Modigliani and
Miller irrelevance proposition, a regulator could force riskier banks to hold more book equity.
In that regard, omitting risk from the standard leverage regression (1) would result in spurious
significance of the remaining variables. The results in Table VII show this is not the case.
This report is one of a series from a RAND Project AIR FORCE project, “The Cost of Future Military Aircraft: Historical Cost Estimating Relationships and Cost Reduction Initiatives.” The purpose of the project is to improve the tools used to estimate the costs of future weapon systems. It focuses on how recent technical, management, and government policy changes affect cost. This report examines cost estimating risk analysis methods and recommends a policy prescription. The project was conducted within the RAND...
The International Chamber of Commerce (ICC), the world business organisation,
promotes an open international trade and investment system and the
market economy. Our conviction that trade is a powerful force for peace and
prosperity dates from our earliest years, when the small group of business leaders
who founded ICC called themselves ‘the merchants of peace ’.
In the process of Vietnam’s integration into the world economy and particular
Vietnam became the mamber of the Worth trade Organization (WTO), economic risks
will arise, people’s lives will be greatly affected, therefore, it is essential that social policies be adjusted in response to growth trend and pace of modernization.
A national infrastructure council should also be tasked with collecting and dis-
seminating best practices pertaining to project selection, preventative mainte-
nance, and construction cost reduction. It would also promote the use of common
objective measures to evaluate the progress of ongoing and completed infrastruc-
ture projects. The council would work to identify opportunities for innovation
and help develop new mechanisms for leveraging private investment.
Starting in the spring of 2009, a fast recovery in global equities and a rise
in house values in many economies (the euro area and Japan are exceptions)
were accompanied by a reduction in corporate bond spreads and other risk
premia (Graphs II.1 and III.2, top panels), though some risk measures have
meanwhile risen again in the context of the Greek sovereign debt crisis.
Reported VaR figures show that risk as measured by potential losses from
banks’ trading positions remains high (Graph III.2, bottom left-hand panel).
The impact of the crisis further increases the market failure – also driven by increased risk aversion
on the supply side of microfinance - and underlines the need for public support for this emerging
sector in Europe.
In addition to the fundamental structural problems of the microfinance sector in Europe, public
intervention has largely been justified and substantiated with positive externalities, i.e. that social
and financial inclusion generates attractive economic and social returns.
Ecosystems provide a wide variety of marketable goods, fish and lumber
being two familiar examples. However, society is increasingly recognizing the
myriad functions—the observable manifestations of ecosystem processes such
as nutrient recycling, regulation of climate, and maintenance of biodiversity—
that they provide, without which human civilizations could not thrive. Derived
from the physical, biological, and chemical processes at work in natural ecosystems,
these functions are seldom experienced directly by users of the resource.
IFA (“Institutions for Floods in Asia”) project focuses on institutional dimension of river floods risk reduction in the Asian countries that along with structural approaches constitutes the core in human responses to floods. IFA aggregates and compares results of country-based research in order to further explore the problem How to strengthen capacities and performance of institutions to reduce flood risks. Rich evidence for testing IFA approaches is provided from recent case-studies of big river floods in Bangladesh, Burma/Myanmar, Japan, Russia,......
Over the next 10 years, federal spending on crop insurance is projected to outpace spending on
traditional commodity programs by about one-third, which might capture the attention of budget
cutters looking for potential sources of savings. Insurance companies, farm groups, and some
members of Congress are concerned that additional reductions in federal support will negatively
impact the financial health of the crop insurance industry and possibly jeopardize the delivery of
Second, information should be thought of as better if it reduces the uncertainty
surrounding some future cost or benefit. For instance, future liabilities are inherently
uncertain. Information that can narrow the variance on estimates of those uncertain liabilities
should be considered better information. Reduced variance is particularly valuable when
decision-makers are risk-averse, since a reduction in variance alone can lead to different
decisions when there is risk aversion.
ALRI mortality from SFU has most likely declined in the last decades, and is likely to
decline further even without a reduction in SFU or adoption of improved stoves. This
comes about from a reduction in ALRI case fatality rates through for instance improved
case management and reduction in malnutrition rates even in the event that incidence of
morbidity does not decline.
In the current five-year plan (1991-1995), China plans to place greatest efforts on developing
infrastructure, particularly thermoelectric and hydropower installations, new railway systems,
large deep-sea ports, a national phone network, and food processing and chemical plants.
Local governments also have their own blue prints for local construction besides the central
government integrative plan. For example, Guangxi province has 24 new and rebuilt major
projects in 1992.
Tuyển tập báo cáo các nghiên cứu khoa học quốc tế ngành y học dành cho các bạn tham khảo đề tài: Debunking the claim that abstinence is usually healthier for smokers than switching to a low-risk alternative, and other observations about anti-tobacco-harm-reduction arguments
One of the key characteristics of
agriculture is the inherent production
risks facing producers from adverse
weather, pests, and diseases. These risks
have been used to justify government
intervention in the form of disaster
assistance payments, emergency loans,
livestock feed assistance programs, crop
insurance, and other subsidized
assistance schemes. Yet, while
government intervention to provide
assistance has been widely supported in
the United States, the form of assistance
has been much debated.