scholarly journals Lending against warehouse receipts: Evidence from Serbia

2021 ◽  
Vol 68 (2) ◽  
pp. 341-355
Author(s):  
Vlado Kovačević ◽  
Irena Janković ◽  
Vesna Paraušić

The paper examines factors influencing development of the public warehouse system. Public warehouse system primary role is to provide stakeholders in agribusiness financing against stored commodity as collateral. Case study is conducted in Serbia. Interviews with banks, analyses of the public warehouse results, computational analyses and intensive literature research were conducted. Most important factors for lending against warehouse receipts from bankers' perspectives are guarantee system performances followed by efficient enforcement procedure, efficient public warehouse surveillance, favourable central bank's rating of warehouse receipts and subsidies. According to the results, Serbian public warehouse legal framework is properly established resulting in fast development of the public warehouse system in first years. After 2014 system deteriorated primarily due to the absence of inspection and Indemnity fund low guarantee performance. Lessons learned from Serbia point out that besides proper legal framework, implementation and favourable business environment are paramount for successful public warehouse system.

2021 ◽  
pp. 026732312110283
Author(s):  
Judith Simon ◽  
Gernot Rieder

Ever since the outbreak of the COVID-19 pandemic, questions of whom or what to trust have become paramount. This article examines the public debates surrounding the initial development of the German Corona-Warn-App in 2020 as a case study to analyse such questions at the intersection of trust and trustworthiness in technology development, design and oversight. Providing some insights into the nature and dynamics of trust and trustworthiness, we argue that (a) trust is only desirable and justified if placed well, that is, if directed at those being trustworthy; that (b) trust and trustworthiness come in degrees and have both epistemic and moral components; and that (c) such a normatively demanding understanding of trust excludes technologies as proper objects of trust and requires that trust is directed at socio-technical assemblages consisting of both humans and artefacts. We conclude with some lessons learned from our case study, highlighting the epistemic and moral demands for trustworthy technology development as well as for public debates about such technologies, which ultimately requires attributing epistemic and moral duties to all actors involved.


2021 ◽  
Vol 6 ◽  
Author(s):  
Rebekah Fox ◽  
Joshua Frye

According to the School Nutrition Association, nearly 100,000 schools serve free or reduced school lunches and breakfasts daily to approximately 34. 34 million students nationwide. However, as COVID-19 forced many schools to close, students who depended on the public schools to meet the majority of their nutritional needs faced an even larger battle with food insecurity. Recognizing this unmet need, and that food insecurity was intertwined with other needs within the community, the Crystal Bridges Museum of American Art and its satellite contemporary art space the Momentary, partnered with the Northwest Arkansas Food Bank and over 30 additional partner organizations to pivot their existing outreach services. In this case study, we identify lessons learned by Crystal Bridges that might be useful for other organizations who seek to foster meaningful engagement with the public, especially in times of crisis. Specifically, we focus on three main lessons: 1) how the museum created a plan to learn through the pivot in order to capture their own lessons, 2) how the members of the organization experienced a sense of coming together (congregation) during the pivot, and 3) how the organization planned to improve both internal and external communication.


Author(s):  
Kevin Dennis ◽  
Maxat Alibayev ◽  
Sean J. Barbeau ◽  
Jay Ligatti

Mobile fare payment applications are becoming increasingly common in the public transportation industry as a convenience for customers and as part of an effort to reduce fare management costs and improve operations for agencies. However, there is relatively little literature on vulnerabilities and liabilities in mobile fare payment applications. Furthermore, few public agencies or supporting vendors have policies or established processes in place to receive vulnerability reports or patch vulnerabilities discovered in their technologies. Given the rapidly increasing number of data breaches in general industry IT systems, as well as that mobile fare payment apps are a nexus between customer and agency financial information, the security of these mobile applications deserves further scrutiny. This paper presents a vulnerability discovered in a mobile fare payment application deployed at a transit agency in Florida that, because of the system architecture, may have affected customers in as many as 40 cities across the United States, an estimated 1,554,000 users. Lessons learned from the vulnerability disclosure process followed by the research team as well as recommendations for public agencies seeking to improve the security of these types of applications are also discussed.


Author(s):  
Leonardo Maxwell ◽  
Ezgi Taner ◽  
Gideon Mekonnen Jonathan

Digitalisation in the public sector has attracted the attention of political and administrative leaders as well as researchers. Empirical studies suggest that most of the digitalisation efforts fail to achieve the intended efficiency, transparency, and responsiveness of the public sector. While digitalisation is a hot research agenda, only a few studies explored the issue in public organisations. This study, therefore, attempts to address the gap in the literature and identify the factors influencing digitalisation in the public sector. A case study is conducted at one of the largest state-owned enterprises in Liberia, the National Social Security and Welfare Corporation (NASSCORP). The data collected through interviews and examination of internal documents were analysed thematically. The study resulted in the identification of 13 factors influencing digitalisation in the public sector, which are related to technology, organisation as well as the environment. The contribution of the study to research and practice is presented along with the potential future research opportunities.


2015 ◽  
Vol 3 (3) ◽  
pp. 30
Author(s):  
Saadiah Mohamad ◽  
Omar Salah ◽  
Mafrukhin Mokhtar ◽  
Sharifah Faigah Syed Alwi

Connectivity within Association of Southeast Asian nation (ASEAN) member countries becomes a central issue in view of the  ASEAN Economic Community 2015. However, progress towards ASEAN connectivity especially for  infrastructure developments has been limited. One of the problems is  the resource mobilization for project financing.  In recent years, rising demand for Islamic securities among global investors in jurisdictions where  legal framework and financial infrastructure are well  established has made sukuk a cost effective and  preferred  method  of raising finance.  It has also attracted liquidity to and has made Malaysia a leading  global sukuk issuer and a leading Islamic financial  hub. This paper is a case study on how Malaysia has used the Public-private partnership (PPP) for infrastructure development and how this has extended into Islamic financing  and further examines how this model can be expanded into other ASEAN member countries in particular the Cambodia, Vietnam, Laos and Myanmar  (CVLM)  countries where issues of  infrastructure financing is critical and need to be quickly resolved in view of   an enhanced ASEAN connectivity and the future of an  ASEAN community development. 


2018 ◽  
Vol 1 (2) ◽  
pp. 187
Author(s):  
Jenifer Maria Miranda de Sousa Pinheiro ◽  
Rubén Oscar Pecchio Vergara ◽  
Mariana Bezerra Lyra ◽  
Ana Karina Araújo de Moraes

RESUMO: Este artigo apresenta informações sobre os desafios e aprendizagens da implementação de Políticas Públicas de Juventude (PPJs) a luz do estudo de caso do Programa Casa das Juventudes de Pernambuco. Para uma melhor compreensão, aborda: um breve histórico do marco legal das PPJs no Estado de Pernambuco, e um pequeno diagnóstico da realidade dos jovens pernambucanos. Em seguida, apresenta o Programa Casa das Juventudes, a sua proposta de intervenção no território, sua relação com o poder municipal e com a sociedade civil. E por fim, faz uma análise dos desafios e oportunidades para avançar no desenvolvimento territorial das PPJs com qualidade. Palavras-chave: juventude, políticas públicas de juventude, programa casa das juventudes. ABSTRACT: This article presents information on the challenges and lessons learned from the implementation of Public Youth Policies (PYPs) the light of the case study of the Program Youth Houses of Pernambuco. For a better understanding, it covers: a brief history of the legal framework of PYPs in the state of Pernambuco, and a small diagnosis of the reality of young Pernambuco. It then presents the Program of the Youth Houses, its proposal of intervention in the territory, its relationship with the city government and civil society. Finally, we provide an analysis of the challenges and opportunities to foster the territorial development of PYPs quality. Keywords:  youth, public policies of youth, houses of youth program.


2021 ◽  
Vol 13 (15) ◽  
pp. 8446
Author(s):  
Alberto Meiss ◽  
Héctor Jimeno-Merino ◽  
Irene Poza-Casado ◽  
Alfredo Llorente-Álvarez ◽  
Miguel Ángel Padilla-Marcos

This paper describes the implementation of a series of ventilation strategies in a nursery and primary school from September 2020, when the government decided to resume the students’ face-to-face activity in the middle of a COVID scenario. Air quality and hygrothermal comfort conditions were analysed before the pandemic and compared for different ventilation configurations in a post-COVID scenario. Ventilation strategies included the protocols issued by the Public Administration, while others were developed based on the typological configuration and use of the school. Results revealed that it is advisable to implement certain strategies that reduce the risk of infection among the occupants of the spaces, without a significant decrease in hygrothermal comfort. Given the importance of maintaining better IAQ in the future within classrooms, and regarding the pre-COVID situation, these strategies may be extended beyond this pandemic period, through a simple protocol and necessary didactic package to be assumed by both teachers and students of the centre.


2019 ◽  
Vol 17 (2) ◽  
Author(s):  
Anne Kristin S. Ajer ◽  
Dag Håkon Olsen

Enterprise architecture (EA) is a widespread approach for the development of new digital solutions in a planned and controlled way for large and complex organisations. EA is also viewed as a prerequisite for the digitalisation of the public sector. However, public sector organisations struggle to implement EA programmes, and research has demonstrated that organisational and managerial issues are critical obstacles to EA implementation. This study aims to increase our understanding of EA implementation in the public sector by investigating the central challenges for EA initiatives and to trace the progress of current EA initiatives in the Norwegian public sector. An additional goal is to disclose some ways to improve the situation. We conducted three interpretive case studies in the hospital, higher education, and labour and welfare sectors. We have identified 28 challenges to the EA initiatives. We find that organisational and technical complexities, as well as a limited understanding of EA and lack of formal EA governance mechanisms, are significant obstacles. Among others, the lack of understanding of EA and its methodology will lead to problems with anchoring the EA approach in the organisation and facilitating the necessary EA arrangements to induce the promised benefits of EA, which are necessary requirements to establish the EA initiative’s legitimacy and foster the organisation’s willingness to implement change. Our study provides four lessons learned for planning and implementing EA initiatives, as follows: #1. It is advisable to take small steps. #2. The use of external consultants should be carefully considered. #3. Formal architectural governance mechanisms are important for legitimacy and enforced use. #4. Executive commitment and understanding of EA are crucial for achieving a sustainable EA initiative. Finally, we find a common evolution of the EA initiatives through the phases of optimism, resistance, decline and finally, reconsolidation of the most persistent ones.


Author(s):  
Ronan de Kervenoael ◽  
Canan Devletkusu

In emerging markets, the amount of mobile communication and the number of occasions mobile phones are used are increasing. More and more settings appropriate or not for mobile phone usage are being exposed. Although prohibited by many governments, there is evidence that use of new mobile devices while driving are somehow becoming current everyday practice, hence legitimatizing usage for many users. Dominant dangerous behavior in the absence of enforced legal framework is being deployed and has become routine for many m-users. This chapter adopts a qualitative case study approach (20 cases) to examine the public transport drivers’ motives, logic and legitimacy processes. The question which these issues raise in the light of advancing m-technologies is: How do, in the context of emerging market, undesired emerging routines enactment get to be reflected upon and voluntarily disregarded to maximize the benefits of m-technologies while minimizing their drawbacks? Findings point out at multiple motives for usage including external social pressure through the ubiquitous 24/7 usage of m-technology, lack of alternative communication protocol, real time need for action and from an internal perspectives boredoms, lack of danger awareness, blurring of the boundaries between personal and business life and lack of job fulfillment are uncovered as key factors. As secondary dynamic factors such as education, drivers work’ histories, impunity, lack of strong consumer opposition appear central in shaping the development of the routines.


Author(s):  
Barbara J. Haley ◽  
Hugh J. Watson ◽  
Dale L. Goodhue

In today’s competitive, high-velocity business environment, companies are focusing their attention on several key areas, including: • Incremental continuous quality improvement; • More radical redesign of business processes; • Supply chain management; • Improved customer orientation; and • Globalization of business operations. At Whirlpool, data warehousing is providing important support in all of these critical areas (see Table 1). To illustrate, Whirlpool’s data warehouse enables quality engineers to easily track the performance of component parts. This allows the engineers to assess new components that are being field tested, to quickly detect problems with particular parts, and to identify the high and low quality suppliers. From a different perspective, suppliers can check on the performance of the parts they supply and, consequently, can manage proactively the quality provided to Whirlpool. Purchasing managers have parts information from around the world so that they can find the lowest-cost, highest quality part available on a global basis. This case study briefly describes Whirlpool, the business need that suggested a data warehouse, the approval process, and the data warehouse that was built. It describes how the data warehouse is accessed, how users are trained and supported, and the major applications and benefits. The lessons learned also are described to benefit those companies that are implementing or thinking about implementing data warehousing. Like most companies, Whirlpool is continually changing. This case study describes Whirlpool and its data warehousing initiative through the end of 1997.


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