Reckon the Public Debts' Sustainability of Financing Scale: Based on the Consideration of Railway's New Development in China

Author(s):  
Daixin He ◽  
Zirong Ye ◽  
Lei Chen
2006 ◽  
Vol 33 (1) ◽  
pp. 3-24 ◽  
Author(s):  
Dale L. Flesher ◽  
Gary J. Previts ◽  
William D. Samson

This study of the annual reports of the Illinois Central Railroad (IC) from the 1850s supports a conclusion that the statements, as to form and content, were developed to serve the needs of two classes of investors and to inform the general community of the activities of the company. The need to report to the public as to the success of the company's role in its “social contract” to develop the state required details of a demographic nature, which were provided by the land commissioner. Operating results provided evidence of the ability to service the debts held by European investors and to inform British venture capitalists of the extent of the company's operations. This communication with the distant capital providers was a new development in financial reporting as the capital-intensive railroads experienced management and ownership separation on a scale not seen before. In summary, the IC provided annual reports more detailed and informative than those of other corporations of the period because of a need to provide European investors with evidence of management's activities.


2018 ◽  
Vol 15 (1) ◽  
pp. 27-47 ◽  
Author(s):  
Tom Dwyer ◽  
Olivier Arifon

Based on literature review and interviews with journalists, we argue that the BRICS countries are constructing a collective vision, guided by logics of recognition and of transformation. The production of discourse reaches its high point during the BRICS leaders’ summits. To go beyond analysis of the discourse revealed in the media, this article examines projects, thereby aiming to qualify and label the justificatory discourses, in order to develop an understanding of intentions. The BRICS countries have become a reference point as the press increasingly makes comparisons between these countries. The notion of recognition, present in the political elites, also appears as a part of the public imagination and in the press. The leaders too seek transformation. The first official multilateral institution founded by the BRICS countries was the New Development Bank. Current efforts indicate the development of common scientific and technological research initiatives and official support for the establishment of an innovative BRICS Network University. Initiatives will appear as these countries try to consolidate their position.


2021 ◽  
Author(s):  
◽  
Jordan Kuiti

<p>Transport infrastructure is a key aspect of any city. The ability to move large groups of people into and through the city can positively or negatively affect the public life associated with that city. With this in mind transport infrastructure is often designed in a very technical manner, which seeks to move maximum numbers of people around the system as fast as possible for the least amount of money. There seems to be a lack of embrace of other aspects associated with transport infrastructure. These other aspects include public life, place making, enjoyment, and what is the transport adding to the city? With the population of New Zealand’s cities increasing, more money is being allocated to transport infrastructure projects. With a change in approach these projects could work functionally but also offer other benefits, such as public life, new development, enhanced identity, and importantly a more liveable city for the inhabitants. Instead of the functional aspects of transport infrastructure being the only driver, a more holistic approach should be utilised which takes into account the social and public life generating potential. Wellington City has been chosen as a test site as it is an example of a city currently going through transport infrastructure upgrades whilst also struggling with future transport issues. Situated in a unique harbour setting the waterfront is split from the CBD with a traffic heavy six-lane road. The harbour offers a transport resource that is not being utilised. Ferry transport offers a new approach to transport in Wellington that offers greater benefits than just moving people around the system. This thesis proposes a fresh look at transport infrastructure in Wellington with the development of a ferry network designed to service the entire Wellington Harbour. Through researching the development potentials offered by transport networks this thesis argues that a holistic approach to transport infrastructure can have wider reaching benefits that just moving people around the system efficiently.</p>


2007 ◽  
Vol 6 (2) ◽  
pp. 1-17
Author(s):  
K J Raman ◽  
A Marcus

Raman and Marcus (2007) have studied the impact of Automation in Public sector Banks as per the reflections of bank customers and bank officials belong to Chennai region. Marcus (2006) studied the public sector banks with special reference to selected branches in Chennai city and the perception of customers due to inception of Information Technology in the banking sector. Customers vary in their perception on information technology. In reality, customers are not against for automation and IT inception. The main concern for them is the delay in transaction due to technical snag and the increased cost of operation due to automation. Most of the customers have accounts in the private sector banks and they are well informed about the new development and up gradation that is happening in those banks. The customers believe that crores of money is being spent by the banks in the name of developing software, training the staff in IT and in providing better ambience to keep abreast with the private banks, but the ultimate outcome of which is not noteworthy.The present study is based on the reflections of 674 bank customers of the public sector banks who have various types of bank accounts in the branches of Chennai city. Branches of public sector banks in Chennai city, consisting of 19 nationalized banks and State Bank of India with its 7 Associates were covered in the process. A wide range of customers through various domains of banking operations have been studied to identify their overall perception.


Author(s):  
Binhan Elif Yilmaz ◽  
Ferda Yerdelen Tatoglu ◽  
Sinan Ataer

In this chapter, we have focused the impacts of 2008 global crisis on the debt policies and the sustainability of debts in the PIIGS Countries. For that, the circumstances of the global crisis are examined, and the economic condition before the crisis is handled. As a main objective, the public debt indicators of PIIGS Countries are pointed out. The ratios and budget units are evaluated in terms of sustainability of debts. While making these evaluations and examinations our method was panel data analysis which can be found at the end of this chapter. In this method, public debt ratios and the sustainability conditions of the public debts in the PIIGS Countries are used as the determinants of public debts sustainability.


2016 ◽  
Vol 45 (2) ◽  
pp. 113-147
Author(s):  
Matthias Stepan ◽  
Quan Lu

This study explores the processes and outcomes of the public policy reforms from 2002 to 2014, targeting income security among the elderly for a segment of the Chinese population that was increasingly marginalised throughout the 1990s: the rural population. The authors reconstruct the policy process from 2002 until 2014 that led to the establishment of the New Type Rural Social Insurance Pension and assess its impact on providing adequate and sustainable old-age income. One particular focus is the study of the influence of international actors. Yet, as key to the success of the initiative, the authors identify the decisive support of the central level leadership, which facilitated the process by announcing a new development model and providing earmarked transfers from the central government. Despite the improvements in the income security of elderly rural Chinese, questions remain about the Chinese pension system's long-term sustainability and the influence of the system's fragmentation on social mobility and equality.


2018 ◽  
Vol 331 ◽  
pp. 337-346
Author(s):  
Nicolae Urs

E-government usually studies focus on outcomes or user opinion. Our attempt is to see this also from the point of view of IT professionals that work in public institutions. Big cities will always be on the forefront of using new technologies in their day-to-day work and, because of that, they are usually the subject of researchers wanting to study this field. But most Romanians live in small cities, towns and villages. We are also interested in the pace of e-government development in these municipalities. After the 2017 study that focused on big Romanian cities, this year we follow up with a more comprehensive research, which aims to find out how e-government is implemented in small urban municipalities in Romania. Our research aims to learn how successful the implementation of egovernment services in Romanian local government is in the eyes of those tasked with rolling out these services. E-government is no longer a new development in the public institutions’ continuing search for better service. The interaction between citizens and companies, as well as the government, are constantly evolving, and new ways of doing things are regularly tested and adopted or discarded.


2021 ◽  
Author(s):  
◽  
Matthew Reid

<p>Rowing is one of New Zealand’s premier international sports, and our New Zealand rowers have won significant acclaim in Olympic and World Championship competitions. Most recently at the 2012 London Olympics, three of the six New Zealand gold medals and both of the silver medals were for rowing.  The spirit, camaraderie, emotion, and atmosphere of a great sporting occasion are enhanced by a great venue; the sports stadium is not a passive backdrop but a theatre set that can only enhance the experience through its design and management. Yet unlike other premier sports in the country, such as cricket, netball and rugby, New Zealand has no permanent stadium wherein spectators can witness and celebrate rowing competitions and the training of these athletes. Typically the sport of rowing has always relied on boatshed architecture as its only relationship to the built environment. This thesis argues that the use of ‘boatshed’ architecture for rowing teams actively disconnects the sport from the public; but stadium architecture has its own distinct economic disadvantage, in that stadiums are empty more often than they are full. The thesis therefore proposes a new approach to a rowing stadium – integrating boatshed, stadium, gymnasium, and hospitality elements – to provide a new typology for rowing that remains activated throughout the year.  Linda Pollak and Anita Berrizebeitia believe that our relationship to the built environment has increasingly isolated us from experiencing the landscape upon which it is sited. This thesis argues that a rowing facility provides an ideal opportunity to explore how critical boundaries separating waterfront architecture and the sea can be re-examined in order to re-enforce our experience of the waterfront built environment and its unique site, offering new ways to re-connect our experience of inside and outside.  The site of this research investigation is Athfield Architects’ $100 million redevelopment of the Overseas Passenger Terminal into 76 high-end private waterfront apartments in Wellington. The Wellington waterfront is in particular need of public activation, yet this new development effectively privatises an important segment; the goals of developers and cities are often at odds with one another. The thesis argues that, when set within the context of a larger waterfront program, rowing can actually help activate that larger program and enhance its economic value in the same way that a gym adds value to a residential apartment complex and sea views add economic value to a restaurant.  Our harbour cities depend on public activities along the waterfront that encourage visual as well as physical participation throughout the day. This thesis investigates how a permanent rowing facility can become a viable urban activator for both a city and a private development, while also enhancing the public’s relationship with this premier New Zealand sport. Creating the opportunity for the sport and its athletes to be celebrated in the eyes of the public is important to ensure the sport continues to thrive and receives the recognition that it deserves.</p>


2021 ◽  
Author(s):  
◽  
Matthew Reid

<p>Rowing is one of New Zealand’s premier international sports, and our New Zealand rowers have won significant acclaim in Olympic and World Championship competitions. Most recently at the 2012 London Olympics, three of the six New Zealand gold medals and both of the silver medals were for rowing.  The spirit, camaraderie, emotion, and atmosphere of a great sporting occasion are enhanced by a great venue; the sports stadium is not a passive backdrop but a theatre set that can only enhance the experience through its design and management. Yet unlike other premier sports in the country, such as cricket, netball and rugby, New Zealand has no permanent stadium wherein spectators can witness and celebrate rowing competitions and the training of these athletes. Typically the sport of rowing has always relied on boatshed architecture as its only relationship to the built environment. This thesis argues that the use of ‘boatshed’ architecture for rowing teams actively disconnects the sport from the public; but stadium architecture has its own distinct economic disadvantage, in that stadiums are empty more often than they are full. The thesis therefore proposes a new approach to a rowing stadium – integrating boatshed, stadium, gymnasium, and hospitality elements – to provide a new typology for rowing that remains activated throughout the year.  Linda Pollak and Anita Berrizebeitia believe that our relationship to the built environment has increasingly isolated us from experiencing the landscape upon which it is sited. This thesis argues that a rowing facility provides an ideal opportunity to explore how critical boundaries separating waterfront architecture and the sea can be re-examined in order to re-enforce our experience of the waterfront built environment and its unique site, offering new ways to re-connect our experience of inside and outside.  The site of this research investigation is Athfield Architects’ $100 million redevelopment of the Overseas Passenger Terminal into 76 high-end private waterfront apartments in Wellington. The Wellington waterfront is in particular need of public activation, yet this new development effectively privatises an important segment; the goals of developers and cities are often at odds with one another. The thesis argues that, when set within the context of a larger waterfront program, rowing can actually help activate that larger program and enhance its economic value in the same way that a gym adds value to a residential apartment complex and sea views add economic value to a restaurant.  Our harbour cities depend on public activities along the waterfront that encourage visual as well as physical participation throughout the day. This thesis investigates how a permanent rowing facility can become a viable urban activator for both a city and a private development, while also enhancing the public’s relationship with this premier New Zealand sport. Creating the opportunity for the sport and its athletes to be celebrated in the eyes of the public is important to ensure the sport continues to thrive and receives the recognition that it deserves.</p>


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