In: Contractual Networks: Legal Issues of Multilateral Cooperation, 2009, p. 255-289
Today’s increasingly co-operative relations between the state and private persons have brought numerous new problems to the law. It may even be held that the new types of ‘co-operationism’ between the state and private persons has plunged the law into deep crisis. This is because by freeing the administration from the constraints which are binding by statute, on the one hand, and...
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In: Zeitschrift für Schweizerisches Recht, 2009, p. 387-411
Die Vertragsform erfreut sich in der Zusammenarbeit von Staatsverwaltung und Privaten zunehmender Beliebtheit. Die grundsätzliche Zulässigkeit derartiger Ver-träge ist heute nicht mehr bestritten. Umso mehr muss sich aber das Augenmerk auf die rechtliche Ausgestaltung des Abschlusses und des Inhaltes des Verwal-tungsvertrags richten. Die «Vertragsfreiheit der Verwaltung» stellt dabei ein...
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Thèse de doctorat : Université de Fribourg, 2009.
Although financial autonomy is a recurrent notion in the literature on fiscal federalism and decentralisation, it has seldom been the focus of scientific analysis. This book explores the meaning of financial autonomy at subnational levels of government, its relationship with the principle of subsidiarity, as well as its impact on the three economic branches of government activity: allocation,...
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Thèse de doctorat : Université de Fribourg, 2009.
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Thèse de doctorat : Université de Fribourg, 2009.
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Thèse de doctorat : Université de Fribourg, 2008.
The manufacturing industry plays a key role in Vietnam (due to its labour advantage), generating jobs, contributing to social and political stability, and adding high value exports to help the balance payment. As Vietnam becomes more and more active in its pursuit of global economic integration, the entry of many foreign giants into its own domestic market will surely intensify the competition....
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In: Ergonomics, 1998, vol. 41, no. 11, p. 1719-1736
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In: Ergonomics, 2004, vol. 47, no. 11, p. 1180-1194
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In: International Review of Financial Analysis, 2009, vol. 18, no. 1-2, p. 34-39
When assets are correlated, benefits of investment diversification are reduced. To measure the influence of correlations on investment performance, a new quantity—the effective portfolio size—is proposed and investigated in both artificial and real situations. We show that in most cases, the effective portfolio size is much smaller than the actual number of assets in the portfolio and that it...
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In: EFMA 2002 London meeting, 2003, p. 1-25
To obtain the maximum benefits from diversification, financial theory suggests that investors should invest internationally because of the larger potential for risk reduction. The question that we raise in this paper is how to select the optimal portfolio of countries? This article synthesizes the major international asset allocation methods based on mean-variance analysis that have been proposed...
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