scholarly journals The Eco-Costs of Material Scarcity, a Resource Indicator for LCA, Derived from a Statistical Analysis on Excessive Price Peaks

2019 ◽  
Vol 11 (8) ◽  
pp. 2446 ◽  
Author(s):  
Joost Vogtländer ◽  
David Peck ◽  
Dorota Kurowicka
Keyword(s):  
Value At Risk ◽  
Raw Materials ◽  
Price Volatility ◽  
Risk Indicator ◽  
The European Union ◽  
Economic Stability ◽  
Short Term ◽  
Supply Risks ◽  
Material Scarcity

The availability of resources is crucial for the socio-economic stability of our society. For more than two decades, there was a debate on how to structure this issue within the context of life-Cycle assessment (LCA). The classical approach with LCA is to describe “scarcity” for future generations (100–1000 years) in terms of absolute depletion. The problem, however, is that the long-term availability is simply not known (within a factor of 100–1000). Outside the LCA community, the short-term supply risks (10–30 years) were predicted, resulting in the list of critical raw materials (CRM) of the European Union (EU), and the British risk list. The methodology used, however, cannot easily be transposed and applied into LCA calculations. This paper presents a new approach to the issue of short-term material supply shortages, based on subsequent sudden price jumps, which can lead to socio-economic instability. The basic approach is that each resource is characterized by its own specific supply chain with its specific price volatility. The eco-costs of material scarcity are derived from the so-called value at risk (VAR), a well-known statistical risk indicator in the financial world. This paper provides a list of indicators for 42 metals. An advantage of the system is that it is directly related to business risks, and is relatively easy to understand. A disadvantage is that “statistics of the past” might not be replicated in the future (e.g., when changing from structural oversupply to overdemand, or vice versa, which appeared an issue for two companion metals over the last 30 years). Further research is recommended to improve the statistics.

scholarly journals Two-Stage Stochastic Model to Invest in Distributed Generation Considering the Long-Term Uncertainties

Energies ◽  
2021 ◽  
Vol 14 (18) ◽  
pp. 5694
Author(s):  
Jorge Luis Angarita-Márquez ◽  
Geev Mokryani ◽  
Jorge Martínez-Crespo
Keyword(s):  
At Risk ◽  
Distributed Generation ◽  
Value At Risk ◽  
Price Volatility ◽  
Conditional Value At Risk ◽  
Risk Indicator ◽  
Deterministic Models ◽  
Two Stage ◽  
Investment Optimization

This paper used different risk management indicators applied to the investment optimization performed by consumers in Distributed Generation (DG). The objective function is the total cost incurred by the consumer including the energy and capacity payments, the savings, and the revenues from the installation of DG, alongside the operation and maintenance (O&M) and investment costs. Probability density function (PDF) was used to model the price volatility in the long-term. The mathematical model uses a two-stage stochastic approach: investment and operational stages. The investment decisions are included in the first stage and which do not change with the scenarios of the uncertainty. The operation variables are in the second stage and, therefore, take different values with every realization. Three risk indicators were used to assess the uncertainty risk: Value-at-Risk (VaR), Conditional Value-at-Risk (CVaR), and Expected Value (EV). The results showed the importance of migration from deterministic models to stochastic ones and, most importantly, the understanding of the ramifications of every risk indicator.

Unfolding the case of returnees: How the European Union and its member States are addressing the return of foreign fighters and their families

2021 ◽  
pp. 1-23
Author(s):  
Carlota Rigotti ◽  
Júlia Zomignani Barboza
Keyword(s):  
European Union ◽  
Perceived Threat ◽  
The European Union ◽  
Security Threat ◽  
Short Term ◽  
Member States ◽  
Foreign Fighters ◽  
Term Response

Abstract The return of foreign fighters and their families to the European Union has mostly been considered a security threat by member States, which consequently adopt repressive measures aimed at providing an immediate, short-term response to this perceived threat. In addition to this strong-arm approach, reintegration strategies have also been used to prevent returnees from falling back into terrorism and to break down barriers of hostility between citizens in the long term. Amidst these different strategies, this paper seeks to identify which methods are most desirable for handling returnees.

Italy's politics without policy: Balancing Atlanticism and Europeanism in the Middle East

Modern Italy ◽  
2008 ◽  
Vol 13 (2) ◽  
pp. 135-153 ◽  
Author(s):  
Raffaella A. Del Sarto ◽  
Nathalie Tocci
Keyword(s):  
Foreign Policy ◽  
Middle East ◽  
The United States ◽  
The European Union ◽  
Short Term ◽  
The Government ◽  
Specific Interests ◽  
Policy Shifts ◽  
The Eu

Focusing on Italy's Middle East policies under the second Berlusconi (2001–2006) and the second Prodi (2006–2008) governments, this article assesses the manner and extent to which the observed foreign policy shifts between the two governments can be explained in terms of the rebalancing between a ‘Europeanist’ and a transatlantic orientation. Arguing that Rome's policy towards the Middle East hinges less on Italy's specific interests and objectives in the region and more on whether the preference of the government in power is to foster closer ties to the United States or concentrate on the European Union, the analysis highlights how these swings of the pendulum along the EU–US axis are inextricably linked to a number of underlying structural weaknesses of Rome's foreign policy. In particular, the oscillations can be explained by the prevalence of short-term political (and domestic) considerations and the absence of long-term, substantive political strategies, or, in short, by the phenomenon of ‘politics without policy’ that often characterises Italy's foreign policy.

scholarly journals Exploring the Road to Agricultural Sustainability by Assessing the EU Debt Influencing Factors

2018 ◽  
Vol 10 (7) ◽  
pp. 2465
Author(s):  
Laura Brad ◽  
Gabriel Popescu ◽  
Alina Zaharia ◽  
Maria Claudia Diaconeasa ◽  
Daniela Mihai
Keyword(s):  
Poverty Reduction ◽  
Fixed Costs ◽  
The European Union ◽  
Labor Costs ◽  
Short Term ◽  
Total Debt ◽  
Long Run ◽  
Periodic Analysis ◽  
The Impact

The importance of agricultural financing in ensuring food security and safety, jobs, poverty reduction, economic growth and more recently, climate change mitigation, natural resource conservation and sustainable development imposes periodic analysis of the factors which might influence the farmers’ financial situation, in order to improve it. One way of assessing this is to analyze the agricultural debt. In this context, based on previous models, the paper aims to assess the impact of specific factors on the agricultural debt level in the European Union during 2008–2015, as these should be considered in future common agriculture policies as well as in achieving sustainable agriculture. The research was conducted based on econometric techniques, by applying panel models in the Eviews 7.0 software-64 bit version. More than 20 variables were considered in the analysis. Some of the findings suggest that an increase in subsidies as well as the share of cash flow in the total existing capital would determine considerable reductions of the total debt. Decoupled subsidies seem to have a higher impact than coupled subsidies on short term debt, while its value is between the one found for coupled subsidies in the case of long term debt. Large farms/companies, to which decoupled payments are granted, have higher debts on long run and on total debt. The same units, to which coupled subsidies were granted, have smaller short-term debt. In contrast, the increases of labor costs, fixed costs, and crop/livestock costs lead to an increase in the total debt, since the farms require additional financial resources to cover the expanded costs. Also, the results suggest that short-term debts are mainly formed of long-term loans that reached maturity. In this case, the authors support the idea of differentiated financing programs for the agricultural activities because of their peculiarities and reinforced by the need to turn the intensive agriculture into a sustainable and plentiful one.

scholarly journals Pandemics, Climate and Public Finance

2020 ◽  
Author(s):  
Stefano Battiston ◽  
Monica Billio ◽  
Irene Monasterolo
Keyword(s):  
Financial Stability ◽  
The European Union ◽  
Short Term ◽  
Economic Resilience ◽  
Taxation Policy ◽  
Containment Measures ◽  
Socio Economic Impact ◽  
Business As Usual ◽  
The Eu

The outbreak of COVID-19 and the containment measures are having an unprecedented socio-economic impact in the European Union (EU) and elsewhere. The policies introduced so far in the EU countries promote a ‘business as usual’ economic recovery. This short-term strategy may jeopardise the mid-to-long-term sustainability and financial stability objectives. In contrast, strengthening the socio-economic resilience against future pandemics, as well as other shocks, calls for recovery measures that are fully aligned to the objectives of the EU Green Deal and of the EU corporate taxation policy. Tackling these long-term objectives is not more costly than funding the current short-term measures. Remarkably, it may be the only way to build resilience to future crises.

The Shift towards Smart, Green and Integrated Raw Materials Efficiency

2014 ◽  
Vol 718 ◽  
pp. 105-109
Author(s):  
Eva Oravcová ◽  
Miroslav Zelko
Keyword(s):  
Decision Support ◽  
Raw Materials ◽  
Decision Makers ◽  
Short Term ◽  
Supervision System ◽  
Requirements Development ◽  
And Control ◽  
Term Data

Comprehensive environmental observation, eco-innovation and smartization are essential to ensure the delivery of the long-term data and information required to address the shift towards smart, green and integrated raw materials efficiency. For this reason we need the mine-wide digitalization and informatization base model, an advanced mine-wide decision support system and a smart supervision system to supervise and control the production, back to predefined short-term production targets with most likelihood and optimal approaches. There are three main steps to be taken: analysis, evaluation and determination of the shift requirements, development of the models as well as modeling of the scenarios and connection to the smart platform for the support of the decision makers. The paper aims to consider what would be required for a raw materials area to operate as a modern smart technology-supported business. It attempts to provide a vision of some future smart architectures scenarios.

scholarly journals Conceptions regarding sustainable agriculture – the national sustainable development strategy

2006 ◽  
pp. 42-51
Author(s):  
Andrea Gáthy
Keyword(s):  
Sustainable Development ◽  
Sustainable Agriculture ◽  
Development Strategy ◽  
Agricultural Policy ◽  
Agricultural Production ◽  
The European Union ◽  
Short Term ◽  
Eu Member States ◽  
The Eu

The task of the national sustainable development strategy is to provide a long term conception for the economy and society, so that this might function and develop in harmony with the environment. Creating the conditions for sustainable agricultural production requires the elaboration and implementation of long-term programs spanning generations. The objective is to find a compromise between the conceptions appearing in the long-term and the short-term programs.In Hungary, several principles, conceptions and proposals have been suggested regarding sustainable agriculture. In the present study, I intend to systematize the above mentioned principles and conceptions, and compare them to the conceptions regarding agriculture in the national strategies of the EU member states. Furthermore, I examine to what extent the agricultural policy of the European Union supports the conceptions regarding agriculture in the strategies. This topic deserves special attention, as the Hungarian national sustainable development strategy is being prepared and is supposed to be finished by the end of 2005.

scholarly journals Populasi, One Child Policy dan Reformasi Cina

2019 ◽  
Vol 3 (1) ◽  
pp. 80-101
Author(s):  
YUSNARIDA EKA NIZMI NIZMI
Keyword(s):  
Economic Growth ◽  
Population Policy ◽  
Aging Population ◽  
Economic Stability ◽  
Short Term ◽  
One Child Policy ◽  
Child Policy ◽  
The Government ◽  
Almost All

Abstract One child policy has been implemented  in 1979 and the effects both  negative and positive clearly to women. One child policy is a simple China’s economic growth grand strategy that was design to reduce population growth, infrastructure problems,  labour and resources. This policy obviously effective in controlling almost all family just to have one child. The problem is that one child policy should be noted only just for short term, implemented for giving state to get its economic goals and to socialize the values of small family and not for long term solution.  Various critics defense this policy because of its unrespect and harmful for women and also breaking the human rights. This research analyze one child policy and its implications to decline labour ratio which threat economic stability because of aging population. China government  needs to be focus on the meaning of growth in wholistic and more understand that economic growth is also include better echievements in social politics and economic policy dimension. These dimensions will not be reached if the government keep going its attention only on liberalization and modal accumulation.   Keywords: Population Policy, One Child Policy, Family Planning, Economic Growth.   Sejak One Child Policy diimplementasikan pada tahun 1979, terlihat dengan jelas pengaruh positif dan negatifnya terhadap kaum perempuan. Kebijakan satu anak adalah salah satu bagian sederhana dari grand strategi pertumbuhan ekonomi Cina, yang dirancang untuk membatasi pertumbuhan populasi  dan mengurangi tekanan infrastruktur, ketenagakerjaan dan sumberdaya.  Kebijakan ini efektif dalam membatasi  hampir semua keluarga hanya memiliki satu anak. Masalahnya adalah bahwa kebijakan ini harus dipandang sebagai sebuah program jangka pendek, diimplementasikan untuk memberi negara kesempatan mencapai tujuan-tujuan ekonominya dan membantu mensosialisasikan nilai dari keluarga kecil, dan bukan sebagai solusi jangka panjang untuk tekanan ekonomi. Kritik terhadap kebijakan ini sudah banyak bermunculan, kebijakan ini membahayakan kaum perempuan dan implikasinya melanggar hak asasi manusi. Tulisan ini menganalisa posisi kebijakan satu anak dan implementasinya yang banyak mendapatkan pertentanga dan penurunan rasio tenaga kerja yang pensiun yang dapat mengancam stabilititas ekonomi Cina karena persoalan “aging population”. Pemerintah Cina perlu untuk memfokuskan makna pertumbuhan secara holistik dan lebih memahami bahwa pertumbuhan juga mencakup pencapaian yang lebih baik dalam dimensi sosial, politik, dan kebijakan ekonomi.  Dimensi-dimensi ini tidak akan dapat dicapai jika pemerintah terus melanjutkan perhatiannya hanya pada liberalisasi dan akumulasi modal.   Kata Kunci: Kebijakan Populasi, Kebijakan satu anak, Perencanaan Keluarga, Pertumbuhan Ekonomi  

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