scholarly journals The Off-Patent Biological Market in Belgium: Is the Health System Creating a Hurdle to Fair Market Competition?

2021 ◽  
Vol 14 (4) ◽  
pp. 352
Author(s):  
Philippe Van Wilder
Keyword(s):  
Health System ◽  
Market Competition ◽  
Short Term ◽  
Effective Policy ◽  
Policy Measures ◽  
Fair Market ◽  
Biological Market

We investigated the off-patent biological market in Belgium from a policy maker’s perspective, in light of the Belgian pharmaceutical health system. The main barriers relate to a short-term budgetary focus, to the overwhelming innovator’s reach and to a concertation model with assessment and appraisal being mixed which results in poorly effective policy measures.

I limiti del tempo in un tempo di limiti

2009 ◽  
pp. 55-62
Author(s):  
Fabrizio Rizzi
Keyword(s):  
Health System ◽  
Key Words ◽  
Community Service ◽  
National Health ◽  
National Health System ◽  
Short Term ◽  
Intellectual Honesty ◽  
Life Itself ◽  
Environmental Limits

- This article recounts the doubts and fears of an experienced analyst who is now an apprentice acrobat. He is forced to keep himself tiredly balanced between psychological and physical limits imposed by age, restrictions introduced by the National Health System and categories of patients who have precedence over others. He cannot receive all of the patients who ask for him and even those who he does receive will have to be discharged in the short term. Explaining to them, with intellectual honesty, that the community service has rules that limit his wishes as well. What can this be if not acrobatics? In the end it means combining the contradictory but perhaps also the most real aspects of life itself. [KEY WORDS: desires, personal and environmental limits, truth of the therapist]

Measuring the Short-Term Effects of the ECB’s Unconventional Monetary Policy on Financial Markets: A Review

2021 ◽  
Vol 54 (1) ◽  
pp. 37-77
Author(s):  
Lisa-Maria Kampl
Keyword(s):  
Monetary Policy ◽  
Financial Markets ◽  
Event Studies ◽  
Empirical Literature ◽  
Unconventional Monetary Policy ◽  
Short Term ◽  
Comprehensive Overview ◽  
Announcement Effects ◽  
Policy Measures ◽  
Short Term Effects

Following the financial crisis in 2008, the ECB implemented various unconventional policy measures to respond to the tensions on the market. These measures had a significant impact and short-term effects on financial markets. This literature review provides a extensive overview of the empirical literature dealing with the short-term effects of this unconventional monetary policy using event studies. Furthermore, a methodological analysis of conducted event studies is carried out. First, we review empirical event studies focusing on the effects on the bond market, the stock market, as well as on international spill-over effects. Secondly, we carry out a methodological analysis of event studies that estimate the announcement effects of the ECB’s unconventional measures. In this context, the analysis provides insight into the process of determining relevant events, the categorization of those, measuring the surprise component, and determining control variables. By comparing the different approaches applied, we give a comprehensive overview of similarities as well as differences in the methodology used.

The Dragon Turns around and the Elephant Moves Forward: Inequality in China and India under Globalization

2018 ◽  
Vol 9 (3) ◽  
pp. 235-261
Author(s):  
K. J. Joseph ◽  
Liyan Zhang ◽  
Kiran Kumar Kakarlapudi
Keyword(s):  
Structural Change ◽  
Income Inequality ◽  
Wealth Inequality ◽  
Global Market ◽  
Regional Inequality ◽  
Gdp Growth ◽  
China And India ◽  
Effective Policy ◽  
Policy Measures ◽  
Employment Generation

This article tends to suggest that the strategy of embracing globalization has been helpful in raising GDP growth in China and India. The higher growth record also coincided with increasing income inequality, wealth inequality and regional inequality. While China seems to have made some success in making a turnaround in inequality, in India inequalities are on the rise. The present study attributes the observed trend to the nature of structural change and the resultant employment generation in terms of both its quantity and its quality. FDI and trade under globalization also worked towards increasing inequalities. The key issue is why globalization as implemented in India failed to generate employment unlike what happened in China. India seems to have been not adequately successful in globalizing at ‘our terms and at our own pace’, whereas China has been able to successfully manage its transition to the global market, which in turn, at least partly, explains the observed differences in the trend in growth and inequality in these two countries. At the same time, while there have been targeted and effective policy measures in China to address inequalities, in India, such policies are yet to show up their results.

Remaking Medicare: The Voucher Myth

1998 ◽  
Vol 28 (1) ◽  
pp. 29-46
Author(s):  
Jonathan Oberlander
Keyword(s):  
Consumer Choice ◽  
Baby Boom ◽  
Market Competition ◽  
The Elderly ◽  
Medicare Beneficiaries ◽  
Short Term ◽  
Medicare Program ◽  
The Stability ◽  
Voucher System

There is growing enthusiasm for transforming Medicare into a voucher system. Advocates claim vouchers would increase the health care choices available to Medicare beneficiaries, reduce the regulatory burden on the federal government, and promote the benefits of fair market competition. In addition, some analysts contend vouchers are the only feasible solution to Medicare's short-term financing problems and the long-term “crisis” of the retirement of the baby-boom generation. The author argues against these claims. Vouchers would not work as advertised by proponents because of the limitations of risk-adjustment methods and unrealistic assumptions about consumer choice. Moreover, the elderly and disabled Medicare population is ill-suited to cope in a competitive insurance system. Implementation of vouchers would therefore pose a threat to both the health of beneficiaries and the stability of the Medicare program. The implications of this analysis for Medicare reform are discussed.

scholarly journals Family and childcare support public expenditures and short-term fertility dynamics

2013 ◽  
Vol 60 (3) ◽  
pp. 347-364 ◽  
Author(s):  
Cosmin Enache
Keyword(s):  
Birth Rate ◽  
Crude Birth Rate ◽  
Low Fertility ◽  
Alternative Methods ◽  
Public Expenditures ◽  
Short Term ◽  
Wide Range ◽  
Policy Measures ◽  
Support Policy ◽  
Cash Benefits

In a period of very low fertility, effective family and childcare support policy measures are needed. From a wide range of instruments available to government intervention, we focus on public expenditures effects on short-term fertility. Using a sample of 28 European countries in a panel framework, we found that there is a small positive elasticity of crude birth rate to cash benefits related to childbirth and childrearing provided through social security system. Different public services provided to ease the burden of parents and all other benefits in kind, means or non-means tested, are found to be insignificant. These results are robust to alternative methods of estimation. Controlling for country heterogeneity by religion and by culture, some particularly interesting differences in birth rate determinants were highlighted as well.

Outdoor Solutions for the Seasonal Concentration of Tourism Demand in Northern Portugal

2020 ◽  
pp. 364-379
Author(s):  
Paula Odete Fernandes ◽  
Alcina Maria Nunes ◽  
Cláudia Miranda Veloso ◽  
Eleonora Santos ◽  
Fernanda A. Ferreira ◽  
...  
Keyword(s):  
Gini Index ◽  
Critical Reflection ◽  
Tourism Demand ◽  
Northern Portugal ◽  
Tourist Flows ◽  
Effective Policy ◽  
Policy Measures ◽  
Development Analysis ◽  
Tourism Flows ◽  
Overnight Stays

Measures that address the seasonality, one of the identified overtourism direct causes, allow making a critical reflection on the application of control policies and monitoring regional measures crucial on a sector with such importance at the regional development analysis. The measures should stimulate or reduce tourism demand during low or peak seasons, respectively, generating a better distribution of tourism flows and eliminating potential overtourism situations. Therefore, this chapter focuses on the development of a Gini Index to analyse the distribution of the seasonality in northern Portugal and through it control current public measures in practice and suggest the implementation of different and more effective policy measures. For instance, the ones that make a clear bet on outdoor tourism activities. It will be used in the Gini Index, by the tourists' market of origin measured by the overnight stays in hotel establishments. The results showed the high seasonal concentration of tourist flows.

scholarly journals Assessing the Opportunities and Challenges of Green Finance in Italy: An Analysis of the Biomass Production Sector

2019 ◽  
Vol 11 (2) ◽  
pp. 517 ◽  
Author(s):  
Pasquale Falcone ◽  
Edgardo Sica
Keyword(s):  
Government Policies ◽  
Short Term ◽  
Production Sector ◽  
Environmentally Sustainable ◽  
Investment Projects ◽  
Policy Interventions ◽  
Green Finance ◽  
Effective Policy ◽  
Financial Issues

The present paper provides empirical evidence of the opportunities and challenges surrounding green finance (GF), looking at the financial issues that might prevent the investment decisions of green companies. To this end, we explore the case of Italian biomass producers by means of a discourse analysis supported by a survey administered to a pool of experts. Although our findings suggest that GF provides an opportunity for achieving environmentally sustainable innovation pathways, experts recognize that it does not actually prevent biomass producers from facing institutional and financial criticalities in funding their investment projects. Such criticalities include: uncertainty about government policies, the minimal involvement of financial suppliers in the biomass sector, the short-term orientation of financial instruments and the limited knowledge of financing options and technical expertise within companies. The results indicate that effective policy interventions should ensure that objectives are orientated towards the long term with the aim of reducing the risks perceived by financial institutions in funding biomass producers.

scholarly journals Discourse of Pakistan's Identity under Strand of Liberal Citizenship: A Case Study of Musharraf Education Policy Reforms

2020 ◽  
Vol 4 (1) ◽  
pp. 189-202
Author(s):  
Shafique Qurban ◽  
Husnul Amin ◽  
Maryam Siddiqa
Keyword(s):  
Education Reform ◽  
Secondary Data ◽  
Policy Reforms ◽  
Policy Changes ◽  
Effective Implementation ◽  
Effective Policy ◽  
Policy Measures ◽  
The Government ◽  
Liberal Citizenship

Keeping in view the political shifts in the wake of 9/11 incident, new social and political trends/concepts have emerged which affected the nations across the world particularly the Muslim world, wherein a wave of extremism and conservatism was seen to be set in. In consequence, Pakistan embarked upon to make reforms in the curriculum to avoid that wave. Accordingly, Musharraf government has adopted education reform under the banner of enlightened moderation and introduced curriculum to construct Pakistani nationalism in the context of liberal citizenship to curtail the issues like extremism and conservatism spread under the slogan of Islamization. This study pinpoints the overall impact of Musharraf policy changes upon curriculum and its role in the construction of liberal citizenship. This study uses secondary data in the shape of policy texts and curriculum of social studies. This study uses discourse analysis to analyse policy text and curriculum. The findings of the study have pointed out that the government has introduced modern contents such as life skills and scientific knowledge to tackle prevailing issues by removing biased and outdated contents from existing curricula. This study has recommended that effective policy measures to construct liberal citizenship should only be realized with effective implementation.

scholarly journals The Economic Effects of COVID-19 Containment Measures

2020 ◽  
Vol 20 (158) ◽  
Author(s):  
Pragyan Deb ◽  
Davide Furceri ◽  
Jonathan Ostry ◽  
Nour Tawk
Keyword(s):  
Monetary Policy ◽  
Economic Activity ◽  
Economic Effects ◽  
Economic Costs ◽  
Short Term ◽  
Absolute Value ◽  
Containment Measures ◽  
Policy Measures ◽  
Fiscal And Monetary Policy ◽  
Global Data

Containment measures are crucial to halt the spread of the 2019 COVID-19 pandemic but entail large short-term economic costs. This paper tries to quantify these effects using daily global data on real-time containment measures and indicators of economic activity such as Nitrogen Dioxide (NO2) emissions, flights, energy consumption, maritime trade, and mobility indices. Results suggest that containment measures have had, on average, a very large impact on economic activity—equivalent to a loss of about 15 percent in industrial production over a 30-day period following their implementation. Using novel data on fiscal and monetary policy measures used in response to the crisis, we find that these policy measures were effective in mitigating some of these economic costs. We also find that while workplace closures and stay-at-home orders are more effective in curbing infections, they are associated with the largest economic costs. Finally, while easing of containment measures has led to a pickup in economic activity, the effect has been lower (in absolute value) than that from the tightening of measures.

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