Post-market infrastructures and financial stability.

Post-market infrastructures execute critical functions — clearing and delivery versus payment — for the performance of trades in financial assets. This makes them potential vectors for destabilisation of the financial system in the event of malfunctions. Their impact on systemic risk warrants the supervisory and oversight authorities' concern for analysing the various risks that such infrastructures may incur and the efforts to establish a comprehensive set of recommendations for mitigating these risks. This objective has now been achieved with the publication of the CPSS/IOSCO recommendations in November 2001. These recommendations are intended to be universal in scope. In addition to setting adequate standards, the relevant authorities, and central banks in particular, have extended the scope of their responsibility in the field of maintaining financial stability by including the oversight of post-market infrastructures. The statutes of the Banque de France have recently been amended in such terms. Securities clearing and settlement infrastructures are changing rapidly both in Europe, where consolidation and sweeping rationalisation are taking place, and on the wider international scene. Users expect greater functional integration of infrastructures, which should contribute to the expansion of low-cost cross-border transactions and greater efficiency in securities processing. These changes have prompted the relevant authorities to co-operate more closely in the regulation, prudential supervision and oversight of the cross-border infrastructures being developed in Europe. With the development of pan-European infrastructures in the Paris financial markets, the Banque de France has played a very active role in enhancing co-ordinated oversight in conjunction with the other relevant national authorities.

High-Tech Urban Agriculture in Amsterdam : An Actor Network Analysis

The agriculture and horticulture sector in the Netherlands is one of the most productive in the world. Although the sector is one of the most advanced and intense agricultural production systems worldwide, it faces challenges, such as climate change and environmental and social unsustainability of industrial production. To overcome these challenges, alternative food production initiatives have emerged, especially in large cities such as Amsterdam. Some initiatives involve producing food in the urban environment, supported by new technologies and practices, so-called high-tech urban agriculture (HTUA). These initiatives make cultivation of plants inside and on top of buildings possible and increase green spaces in urban areas. The emerging agricultural technologies are creating new business environments that are shape d by technology developers (e.g., suppliers of horticultural light emitting diodes (LED) and control environment systems) and developers of alternative food production practices (e.g., HTUA start-ups). However, research shows that the uptake of these technological innovations in urban planning processes is problematic. Therefore, this research analyzes the barriers that local government planners and HTUA developers are facing in the embedding of HTUA in urban planning processes, using the city of Amsterdam as a case study. This study draws on actor-network theory (ANT) to analyze the interactions between planners, technologies, technology developers and developers of alternative food production practices. Several concepts of ANT are integrated into a multi-level perspective on sustainability transitions (MLP) to create a new theoretical framework that can explain how interactions between technologies and planning actors transform the incumbent social\u2013technical regime. The configuration of interactions between social and material entities in technology development and adoption processes in Amsterdam is analyzed through the lens of this theoretical framework. The data in this study were gathered by tracing actors and their connections by using ethnographic research methods. In the course of the integration of new technologies into urban planning practices, gaps between technologies, technology developers, and planning actors have been identified. The results of this study show a lacking connection between planning actors and technology developers, although planning actors do interact with developers of alternative food production practices. These interactions are influenced by agency of artefacts such as visualizations of the future projects. The paper concludes that for the utilization of emerging technologies for sustainability transition of cities, the existing gap between technology developers and planning actors needs to be bridged through the integration of technology development visions in urban agendas and planning processe

Performing the Union: the Prüm Decision and the European dream

In 2005, seven European countries signed the so-called Prüm Treaty to increase transnational collaboration in combating international crime, terrorism and illegal immigration. Three years later, the Treaty was adopted into EU law. EU member countries are obliged to have systems in place to allow authorities of other member states access to nationally held data on DNA, fingerprints, and vehicles by August 2011. In this paper, we discuss the conditions of possibility for the Prüm network to emerge, and argue that rather than a linear story of technological and political convergence and harmonisation, the (hi)story of Prüm is heterogeneous and patchy. This is reflected also in the early stages of implementing the Prüm Decision which proves to be more difficult than it was hoped by the drivers of the Prüm process. In this sense, the Prüm network sits uncomfortably with success stories of forensic science (many of which served the goal of justifying the expansion of technological and surveillance systems). Instead of telling a story of heroic science, the story of Prüm articulates the European dream: One in which goods, services, and people live and travel freely and securely

The Realities of a New Asylum Paradigm

In recent years, forced migration scholars have begun to ask whether we are seeing the emergence of a New Asylum Paradigm around the current (or resurgent) debate on 'in-region asylum processing', 'regional protection zones' and 'transit processing centres'. Although similar ideas have been around in various forms for some time, there appears currently to be a convergence of thinking, seen in debates within the EU, the UNHCR's Convention Plus, the British government's proposal on 'new' approaches to asylum seekers and related proposals from the German and Italian governments. This article looks briefly at the discussions around processing centres, which seem to have focussed attention on whether a New Asylum Paradigm is emerging, and to explore developments on the ground, asking to what extent alleged novelties constitute a new, or a single, paradigm. We suggest that although there are apparently competing, conflicting and contradictory proposals and projects on the table, in fact a common logic underpins all of them. Following a sketch of the different proposals we consider the positions of some of the states involved in these developments. We then examine what's happening on the ground in two states targeted as potential partners in the proposals - Libya and Morocco . In the last section of the paper, the significance, novelty and dangers of the proposals are evaluated

Training of Crisis Mappers and Map Production from Multi-sensor Data: Vernazza Case Study (Cinque Terre National Park, Italy)

This aim of paper is to presents the development of a multidisciplinary project carried out by the cooperation between Politecnico di Torino and ITHACA (Information Technology for Humanitarian Assistance, Cooperation and Action). The goal of the project was the training in geospatial data acquiring and processing for students attending Architecture and Engineering Courses, in order to start up a team of "volunteer mappers". Indeed, the project is aimed to document the environmental and built heritage subject to disaster; the purpose is to improve the capabilities of the actors involved in the activities connected in geospatial data collection, integration and sharing. The proposed area for testing the training activities is the Cinque Terre National Park, registered in the World Heritage List since 1997. The area was affected by flood on the 25th of October 2011. According to other international experiences, the group is expected to be active after emergencies in order to upgrade maps, using data acquired by typical geomatic methods and techniques such as terrestrial and aerial Lidar, close-range and aerial photogrammetry, topographic and GNSS instruments etc.; or by non conventional systems and instruments such us UAV, mobile mapping etc. The ultimate goal is to implement a WebGIS platform to share all the data collected with local authorities and the Civil Protectio

What is protective space? Reconsidering niches in transitions to sustainability

The transitions literature emphasises the role of niches, defined as a protective space for path-breaking innovations. Surprisingly, the concept of protection has not been systematically interrogated. Our analysis identifies protection as having three functions in wider transition processes: shielding, nurturing and empowerment. Empowerment, understood as processes and mechanisms that contribute to changes in mainstream selection environments in ways favourable to the path-breaking innovation, is considered the least developed in current niche development literature. We argue that these properties need to be understood from an agency perspective, with attention for the politics involved in their realisation. The paper ends with an outlook upon two promising research avenues: 1) the reconstruction of niche development pathways in light of the present framework; 2) analyses of the diverse (political) narratives seeking to empower niches across time and space.transitions, sustainability, niches

Anchorage of Innovations: Assessing Dutch efforts to use the greenhouse effect as an energy source

This case study concerns the Dutch glasshouse horticulture sector which is responsible for 10% of the country’s natural gas consumption. Various developments resulted in internal as well as external pressures to bring this down. This has led to a variety of ‘alternative energy approaches’ for the sector. The interactions between niche and regime, however, are not well understood. Building on Loeber (2003) the concept of ‘anchorage’ to analyse this interaction is used. It is concluded that the concept of anchorage provides a useful tool to study the interaction between niche and regime and the crooked pathways of ‘innovation in the making