Repurposing Institutions: Trust Offices and the Dutch Financial System, 1690s–2000s

2021 ◽  
pp. 1-25
Author(s):  
Abe De Jong ◽  
Joost Jonker ◽  
Ailsa Röell ◽  
Gerarda Westerhuis

Since the late seventeenth century, trust offices (administratiekantoren) that repackage securities have been a central institution in Dutch finance. Their basic form and functioning have remained largely the same, but over time, the repackaging has come to serve different purposes. Originally set up for administrative convenience, they helped to create liquidity, notably for foreign securities. From the 1930s, their primary purpose became to shield directors of large corporations from shareholder influence and hostile takeover threats. Subsequently, the trust offices evolved from general-purpose administrative units into dedicated foundations closely tied to individual companies and increasingly popular with foreign corporations as cheap anti-takeover devices. Their reincarnation as foundations also turned them into vehicles for the tax-efficient routing of international revenue flows via the Netherlands.

2021 ◽  
Vol 251 ◽  
pp. 02047
Author(s):  
Emanuele Simili ◽  
Gordon Stewart ◽  
Gareth Roy ◽  
Samuel Skipsey ◽  
David Britton

We have deployed a central monitoring and logging system based on Prometheus, Loki and Grafana that collects, aggregates and displays metrics and logs from the Tier-2 ScotGrid cluster at Glasgow. Bespoke dashboards built on Prometheus metrics give a quick overview of cluster performance and make it easy to identify issues. Logs from all nodes and services are collected to a central Loki server and retained over time. This integrated system provides a full overview of the cluster’s health and has become an essential tool for daily maintenance and in the investigation of any issue. The system includes an automated alerting application that parses metrics and logs and can send notifications when specified conditions are met, and as a further step toward automation, can also perform simple recovery actions based on well known issues and their encoded solutions. The general purpose is to create a more resilient Tier-2 cluster where human intervention is kept to a minimum. Given the funding constraints experienced by many academic research institutions, this promises to free staff from routine tasks, allowing them to address their expertise to more interesting problems. In this paper, we describe the tools and set-up of the existing monitoring system, the automated recovery methods implemented so far, and the plan for further automation.


1962 ◽  
Vol 16 (1) ◽  
pp. 249-252 ◽  

On March 23, 1961, it was announced that the European Atomic Energy Community (Euratom) had formally taken over its main joint research center when the Italian government's nuclear research center at Ispra was handed over to Euratom President Etienne Hirsch. By the end of 1962 the staff at the center, which was to be not only the main Euratom research center but also its only general-purpose one, was expected to number 1,500. Other joint research centers were being set up at Mol, Belgium; Karlsruhe, Germany; and Patten, the Netherlands. It was also announced that a plan had been set up to build the European Transuranium Institute alongside the Nuclear Research Institute at Karlsruhe, Germany.


1993 ◽  
Vol 107 (2) ◽  
pp. 161-256
Author(s):  
R.J. Baarsen

AbstractSince 1988, when this journal carried an article on Andrics Bongen (ca. 1732-1792), probably the first cabinet-maker in Amsterdam to have made marquetry furniture in the French style in the third quarter of the eighteenth century, not one item has been added to his small oeuvre. It is therefore still not clear whether Bongen had a long and successful career, nor whether his production was large. This article deals with the eighteenth-century activities of Matthijs Horrix (1735 -1809), a furniture maker who in certain aspects may be regarded as Bongen's Hague counterpart. He, too, hailed from Germany, set up independently in the Netherlands in the 1760s and worked in the French style from the outset of his career. There are however no doubts as to bis success : he was The Hague's best-known furniture maker in the late eighteenth century, with the largest workshop. In the course of the nineteenth century the firm he founded grew into the largest in the Netherlands (note 4). Whereas it cannot be ascertained whether 'French' cabinet-making was ever a dominant trend in Amsterdam, one gets the impression that such was to some extent the case in The Hague after 1760. In the city where the Stadholder's court and foreign embassies were based, the French-oriented court style had been a significant factor since at least the late seventeenth century (notes 5, 6 and 8). Many patrons in The Hague were probably keen on furniture which actually came from France. In 1771 the guild of furniture makers complained to the city council about the influx of furniture imported from abroad; this probably meant imports from France (notes 9 and 10). Several furniture makers in The Hague began to imitate the French models. As early as 1761 Matthijs Franses (ca. 1726-1788), who came from Kempen near Krefeld, advertized that he made and sold a variety of veneered furniture in the French style. His descriptions are not very clear, but mention is made of commodes and tables inlaid with copper (in the Boulle technique?), commodes 'à la Diligence' with gilded bronze mouldings and marble tops, desks and 'Ouvrages en ébène'. Franses says nothing about marquetry featuring different kinds of wood, the most popular decorative technique in Paris around 1760 and the kind of work with which Bongen made his debut in Amsterdam in 1766. It seems likely that Horrix arrived in The Hague around 1761. He was born in 1735, probably in Lobberich near Krefeld (note 25). In a petition submitted in 1764 he stated that he had been apprenticed to a cabinet-maker in The Hague 'for some years'; the period in question was probably not longer than three years (notes 26 and 27). At the beginning of this period, then, Horrix was already 25 years of age or older. In view of the common practice throughout Europe for boys to be apprenticed to a craftsman at the age of fourteen or thereabouts for a period of some six years (note 28), Horrix may have worked in one or more shops elsewhere after his apprenticeship and before his arrival in The Hague. However, no information about this period is available. On May 15 1764, Horrix was enrolled in the Hague guild as a master cabinet-maker (note 33). On January 9th of that year he had acquired citizenship, and on May 5th he had married Elisabeth de la Fosse of The Hague. The wedding was witnessed by


2014 ◽  
Vol 39 (1) ◽  
Author(s):  
Jan Kurowiak

AbstractAs a work of propaganda, graphics Austroseraphicum Coelum Paulus Pontius should create a new reality, make appearances. The main impression while seeing the graphics is the admiration for the power of Habsburgs, which interacts with the power of the Mother of God. She, in turn, refers the viewer to God, as well as Franciscans placed on the graphic, they become a symbol of the Church. This is a starting point for further interpretation of the drawing. By the presence of certain characters, allegories, symbols, we can see references to a particular political situation in the Netherlands - the war with the northern provinces of Spain. The message of the graphic is: the Spanish Habsburgs, commissioned by the mission of God, they are able to fight all of the enemies, especially Protestants, with the help of Immaculate and the Franciscans. The main aim of the graphic is to convince the viewer that this will happen and to create in his mind a vision of the new reality. But Spain was in the seventeenth century nothing but a shadow of former itself (in the time of Philip IV the general condition of Spain get worse). That was the reason why they wanted to hold the belief that the empire continues unwavering. The form of this work (graphics), also allowed to export them around the world, and the ambiguity of the symbolic system, its contents relate to different contexts, and as a result, the Habsburgs, not only Spanish, they could promote their strength everywhere. Therefore it was used very well as a single work of propaganda, as well as a part of a broader campaign


Author(s):  
Mark Burden

Much eighteenth-century Dissenting educational activity was built on an older tradition of Puritan endeavour. In the middle of the seventeenth century, the godly had seen education as an important tool in spreading their ideas but, in the aftermath of the Restoration, had found themselves increasingly excluded from universities and schools. Consequently, Dissenters began to develop their own higher educational institutions (in the shape of Dissenting academies) and also began to set up their own schools. While the enforcement of some of the legal restrictions that made it difficult for Dissenting institutions diminished across the eighteenth century, the restrictions did not disappear entirely. While there has been considerable focus on Dissenting academies and their contribution to debates about doctrinal orthodoxy, the impact of Dissenting schools was also considerable.


De Economist ◽  
2021 ◽  
Author(s):  
Colja Schneck

AbstractIn this paper I analyze changes in the wage distribution in the Netherlands. I use a matched employer-employee dataset that covers the population of employees. Wage inequality increases over the period of 2001–2016. Changes in between-firm wage components are responsible for nearly the entire increase. Increases in the variance of workers’ skills and increases in worker sorting and worker segregation explain the majority of the rise in the variance of wages. These changes are accompanied by a pattern where variation in educational degree and firm average wages become more correlated over time. Finally, it is suggested that labor market institutions in the Netherlands play an important role in mediating overall wage inequality.


2001 ◽  
Vol 29 (3) ◽  
pp. 219-235 ◽  
Author(s):  
G. Q. Huang ◽  
B. Shen ◽  
K. L. Mak

TELD stands for “Teaching by Examples and Learning by Doing.” It is an on-line courseware engine over the World Wide Web. There are four folds of meanings in TELD. First, TELD represents a teaching and learning method that unifies a number of contemporary methods such as Problem-Based Learning (PBL) in medical education, Project-Based Learning (PBL) in engineering education, and Case Method (CM) in business education. Second, TELD serves as a Web server for hosting teaching and learning materials especially based on the TELD method. A variety of on-line facilities are provided for editing and uploading course materials such as syllabus, schedule, curriculum, examples of case study, exercises of mini-project, formative and summative assessments, etc. Third, TELD is a courseware search engine where educators are able to register their course materials and search for materials suitable for a particular course. In contrast with general-purpose search engines, TELD is set up for the special purpose of education. Therefore, the time and efforts spent on surfing are expected to be reduced dramatically. Finally, TELD is an on-line virtual classroom for electronic delivery of electronic curriculum materials. In addition to providing the lecture notes, TELD not only provides discussion questions for conducting in-class discussions and homework as formative assessment but also provides facilities for students to plan and submit their group work. This article presents an overview of the TELD courseware engine together with its background and underlying philosophy.


Author(s):  
Martin Verlaan ◽  
Annette Zijderveld ◽  
Hans de Vries ◽  
Jan Kroos

The accurate forecasting of storm surges is an important issue in the Netherlands. With the emergence of the first numerical hydrodynamic models for surge forecasting at the beginning of the 1980s, new demands and possibilities were raised. This article describes the main phases of the development and the present operational set-up of the Dutch continental shelf model, which is the main hydrodynamic model for storm surges in the Netherlands. It includes a brief discussion of applied data-assimilation techniques, such as Kalman filtering, the model calibration process and some thoughts on quality assurance in an operational environment. After further describing some select recent investigations, the paper concludes with some remarks on future developments in a European context.


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