Les cavitats de la serra de na Burguesa

[cat] Presentam la descripció i topografia de 12 formacions endocàrstiques inèdites, situades en el puig Gros de Bendinat i als seus voltants (serra de na Burguesa, Calvià). Les més destacables són l’avenc des Vent amb 41 m de desnivell, la cova de ses Pasteretes amb 54 m de desnivell i la covota des Puig Gros de Bendinat amb 670 m de recorregut i 71 m de desnivell. Aquesta darrera cavitat, destaca per haver-hi guixos del Retia que actuen com a nivell impermeable -al menys a una part de la cavitat- i perquè s'hi troben uns espeleotemes molt peculiars, que nosaltres hem denominat "columnes en forma de copes apilades". També presentam la catalogació del material paleontològic trobat, constituït per restes òssies de Myotragus balearicus.[eng] We present the descriptions and topographical surveys of 12 unpublished caves, situated on the mountain Puig Gros de Bendinat and its surrounding area (Serra de na Burguesa, Calvià). The most notable are the pothole the Avenc des Vent, reaching a depth of 41 m, and the caves sa Cova de ses Pasteretes, reaching a depth of 54 m, and the Covota des Puig Gros de Bendinat with a survey length of 670 m and a survey depth of 71 m. The last cave is also notable because of a level, at least in one part of the cave, of impermeable gypsum from the Rhaetian, and because of some very curious speleothems, which we have called columnes en forma de copes apilades (columns in the form of heaped glasses)

On logarithmic nonabelian Hodge theory of higher level in characteristic p

Given a natural number $m$ and a log smooth integral morphism $X\to S$ of fine log schemes of characteristic $p>0$ with a lifting of its Frobenius pull-back $X'\to S$ modulo $p^{2}$, we use indexed algebras ${\cal A}_{X}^{gp}$, ${\cal B}_{X/S}^{(m+1)}$ of Lorenzon-Montagnon and the sheaf ${\cal D}_{X/S}^{(m)}$ of log differential operators of level $m$ of Berthelot-Montagnon to construct an equivalence between the category of certain indexed ${\cal A}_{X}^{gp}$-modules with ${\cal D}_{X/S}^{(m)}$-action and the category of certain indexed ${\cal B}_{X/S}^{(m+1)}$-modules with Higgs field. Our result is regarded as a level $m$ version of some results of Ogus-Vologodsky and Schepler

EMU and capital markets : the institutional framework

This paper reviews the factors that will determine the shape of financial markets under EMU. It argues that financial markets will not be unified by the introduction of the euro. National central banks have a vested interest in preserving local idiosyncracies (e.g. the Wechsels in Germany) and they might be allowed to do so by promoting the use of so-called tier two assets under the common monetary policy. Moreover, a host of national regulations (prudential and fiscal) will make assets expressed in euro imperfect substitutes across borders. Prudential control will also continue to be handled differently from country to country. In the long run these national idiosyncracies cannot survive competitive pressures in the euro area. The year 1999 will thus see the beginning of a process of unification of financial markets that will be irresistible in the long run, but might still take some time to complete

Global Welfare Implications of Carbon Border Taxes

This paper presents a simple, basic model to compute the welfare consequences of the introduction of a tariff on the CO2 content of imported goods in a country that already imposes a domestic carbon tax. The main finding is that the introduction of a carbon import tariff increases global welfare (and not just the welfare of the importing country) if there is no (or insufficient) pricing of carbon abroad. A higher domestic price of carbon justifies a higher import tariff. Moreover, a higher relative intensity of carbon abroad increases the desirability of high import tariff imposed by the home country because a border tax shifts production to the importing country, which in this case leads to lower environmental costs.If both instruments are used to maximise global welfare, the optimal domestic price for carbon should be higher than the external effects (assuming that there is no carbon pricing in the rest of the world) and the optimal tariff rate would be somewhat lower than the domestic carbon price.If the importing country has a fixed ceiling on emissions instead of a constant carbon price (as provided under the EU’s Emissions Trading System), an import tariff is always beneficial from a global point of view and its imposition lowers the price of domestic allowances, but less than proportionally.carbon tax, tariffs, global welfare

Who Needs Foreign Banks?

This paper shows that countries with weak banking system and fiscal institutions, should benefit from the presence of foreign banks, which can constitute a commitment and transparency device. Foreign banks can also reduce the probability of self-fulfilling speculative attacks. A strong presence of foreign banks can make a currency peg feasible in the first place by rendering it more resistant to speculative attacks. The European experience is instructive in this respect. In all the 10 countries from Central and Eastern Europe (CEEC) that will join the EU in 2004/7 the banking system is now dominated by foreign banks.

Montépreux – Le Gros Ventre

Le projet de construction de bassins de rétention par la société TEREOS a donné lieu à la réalisation d’un diagnostic sur une surface de 9 ha. 113 sondages ont été ouverts, permettant d’explorer 9 173,01 m2, soit 10,2 % de la superficie initiale du terrain. Tous les sondages ont atteint le terrain naturel qui se présente sous la forme d’un niveau de craie. La profondeur des tranchées atteint en moyenne 0,40 m depuis le sol actuel, avec des cotes pouvant aller de 0,15 m, à 2,30 m pour les tran..

The CEPS Plan for the Balkans

In 1999, CEPS initiated the Europa South-East Policy Forum, a group of leading independent policy institutes from every country of South-East Europe, the network of Open Society Institutes. The objective was to contribute to the full integration of the whole of the region into the European Union. This report advocates accelerated political and economic reforms in these countries in the aftermath of the war, on the assumption that the European Union itself would make radical moves in its policies to support the process