Sustainability of food supply chains – mapping food waste and by-product synergies

Purpose: This conceptual paper introduces the theoretical and methodological basis of an analytical framework conceived with the purpose of bringing industrial ecology perspectives into the core of the underlying disciplines supporting studies concerned with environmental sustainability aspects beyond product life cycle boundaries in a supply chain. Research Approach: To develop the framework, we draw from a previous LCA-driven methodological approach applied to investigate industrial activities with the purpose of defining industrial ecology strategies for the development of ‘eco-industrial clusters’. We expand on this approach by combining it with the waste model for the food sector to classify the inventory of food waste and by-products generated in different stages of a food supply chain. Finally, food waste and by-product flows are considered with basis on the European waste hierarchy model and core industrial symbiosis concepts. These flows depict two time-related scenarios: 1. Present scenarios showing the status quo of current waste and by-product flows, and 2. Future scenarios pointing out potential food waste and by-product synergies along the supply chain. Findings and Originality: Different ecosystems scenarios are expected to emerge from the analysis applied in different industrial stages of a food supply chain: Farming, manufacturing, and retailing. The scenarios are the main outcomes of the analysis process and they ultimately describe potential food waste and by-product synergies not only within and between core industrial activities of the supply chain being studied, but also potential industrial linkages with organisations outside the supply chain that are nonetheless located in areas adjacent to the core industries in the supply chain being analyzed. Research Impact: By bringing industrial ecology perspectives into the analytical framework developed, the paper provides a valuable and innovative contribution to the wider debate on how supply chains meet the challenges of sustainability. Given the pressing challenges faced by the food sector, the framework focuses upon waste minimization through industrial linkages in food supply chains. The combination of industrial ecology practice with basic LCA elements, the waste hierarchy model, and the spatial scale of industrial symbiosis allows the standardization of qualitative analyses and associated outcomes. Such standardization enables comparative analysis not only between different stages of a supply chain, but also between different supply chains. Practical Impact: The analytical approach proposed contributes more coherently to the wider circular economy aspiration of optimizing the flow of goods to get the most out of raw materials and cuts wastes to a minimum. The transition to a circular economy based upon circular design and production, new circular business models involving reverse cycles and cascading of products, by-products and waste, as well as cross-cycle and cross-sector collaborations beyond traditional supply chain boundaries, requires a refreshed understanding of more current circular supply chain archetypes

Bank liquidity and financial stability.

Fluctuations in investor risk aversion are often cited as a factor explaining crises on financial markets. The alternation between periods of bullishness prompting investors to make risky investments, and periods of bearishness, when they retreat to the safest forms of investments, could be at the root of sharp fluctuations in asset prices. One problem in the assessment of these different periods is clearly distinguishing the risk perceived by agents from risk aversion itself. There are several types of risk aversion indicators used by financial institutions (the VIX, the LCVI, the GRAI, etc.). These indices, which are estimated in diverse ways, often show differing developments, although it is not possible to directly assess which is the most accurate. An interesting method in this respect is to link the indicators to financial crises. In principle, financial crises should coincide with periods in which risk aversion increases. Here we estimate probabilities of financial crises –currency and stock market crises– using the different risk aversion indicators as explanatory variables. This allows us to assess their respective predictive powers. The tests carried out show that risk aversion does tend to increase before crises, at least when it is measured by the most relevant indices. This variable is a good leading indicator of stock market crises, but is less so for currency crises.

Human duality in Edgar Allan Poe’s The Murders in the Rue Morgue

Trabajo de fin de Grado. Grado en Estudios Ingleses. Curso académico 2021-2022Este estudio tiene como objetivo el análisis de los personajes de Dupin y el villano en la obra Los Crímenes de la Calle Morgue de Edgar Allan Poe, examinando la caracterización de ambos protagonistas y la separación entre ellos. Además, este Trabajo de Fin de Grado presenta la escena del crimen y las opiniones de los testigos que prueban la dualidad del hombre, a la vez que se propone la cuestión de si ambos tipos de hombre, el primitivo y el intelectual, pueden manifestarse en un mismo individuo de forma simultánea.This study tries to offer an analysis of Edgar Allan Poe’s C. Auguste Dupin and the villain in The Murders in the Rue Morgue, by examining his characterization of both personae and the gap between them. Additionally, this dissertation presents the crime scene and the witnesses’ thoughts proving the duality of man and posing the question of whether the two types of man, the primitive and the intellectual, can be revealed within the same individual