History of finance research and education in Finland: The first thirty years

This paper reviews the first thirty years of finance research and education in Finland, starting with publication of the first dissertation in finance in 1977. That was also the year when the first department of finance was established in Finland – among the first in the Nordic countries. This review shows how Finnish financial education and research developed from a humble beginning to a level that brought international acclaim. This can be largely attributed to a number of talented and hard-working individuals but also to the decision for collaboration among the Finnish universities, as a means to overcome some of the problems of a small country.financial education; research; graduate school; Finland; history; professors; dissertation

State College Times, April 20, 1932

Volume 20, Issue 49https://scholarworks.sjsu.edu/spartandaily/12736/thumbnail.jp

Managing financial risks in Papua New Guinea : an optimal external debt portfolio

This report shows that Papua New Guinea's assets and liabilities may be poorly balanced for debt servicing. Thus, it could benefit substantially from active risk management, especially through better selection of the financial instruments in its debt portfolio. The authors present a model and estimate of an optiomal debt portfolio that allows for the use of commodity-linked bonds and conventional debt denominated in different currencies. They judge the hedging effectiveness of this portfolio by how much the variance of expected real import is reduced. The results indicate that commodity-linked bonds could play an important role in the country's risk management strategy. They also show that the country's external debt structure is not well balanced to hedge the foreign exchange risk from the existing composition of non-U.S. dollar-denominated liabilities. The debt portfolio contains an excess of Japanese yen - and Deutschemark - denominated liabilities, while liabilities denominated in British pounds are substantially underrepresented.Economic Theory&Research,Environmental Economics&Policies,Public Sector Economics&Finance,Settlement of Investment Disputes,Strategic Debt Management

DMLS and Manufacturing

Direct Metal Laser Sintering (DMLS) has been used for manufacturing prototypes, functional metal components and prototype tools for more than 10 years. During this period the technology has advanced to a level where direct production of complex metallic parts for various applications is everyday life and manufacturing with its various challenges is its main target. The shift from prototyping to production requires changes in the technology and also in the organizations taking part in the shift. This paper presents the latest status of the DMLS technology and materials development trends for different application areas using EOSINT M270 laser sintering machine. Commercially launched materials include presently biomedical materials like Titanium and Cobalt Chrome alloys, ultra high strength Maraging Steel alloy, Stainless Steels and other high-end engineering materials. In addition, there are many materials which have been developed for evaluation purposes, waiting for industrial applications.Mechanical Engineerin

The Fundamentals of the Portuguese Crisis

This paper analyses the fundamentals of the Portuguese crisis. The financial crisis of 2007 worsened and triggered the current Portuguese crisis. We argue that the main problem the economy is facing is its output stagnation due to a kind of Dutch disease that has created high and increasing levels of indebtedness, low and decreasing levels of saving and has reduced Portuguese competitiveness. Moreover, the existence of a dualist labour market and a new wave of emigration produce inefficiency, increasing unemployment of younger workers and the supply of human capital abroad funded by the Portuguese taxpayers. Governance problems such as poor public budget governance and lack of transparency and accountability are also at stake. These governance problems must be solved to allow the economy to return to its long-run growth path.ntion paid to it than hitherto.Growth, Debt, Saving, Dutch disease, Unemployment, Budget policy

Fall 2020 curriculum guide

This guide explains the Osher Lifelong Learning Institute at USC Beaufort, tells how to join and lists courses available as well as a listing of the Institute's instructors