Is universal social assistance unaffordable? Targeting policy has been praised as a magic solution to select the ‘deserving poor’ and efficiently use scarce resources in Global South. The article tests unaffordability hypothesis using five counterfactual analyses based on expenditure redirection (military expenditure, energy subsidies, potential illegal/odious external debt servicing) increasin...

The Mobile Servicing System (MSS) concept is being developed as the Canadian contribution to the Space Station Program. The MSS is a major element of the servicing architecture in the Space Station Program and complements the role of U.S. developed Servicing Facility on the Station. This paper describes the servicing functions performed by MSS. These functions include servicing of attached payl...

Abstract China's Belt and Road Initiative (BRI) is a mechanism through which countries can upgrade connectivity-related infrastructure, including cross-border projects, complementing traditional sources of finance. An overarching goal the BRI to reduce trade costs between China partner countries, in part by helping integrate regional markets. The large-scale borrowing associated with projects h...

The paper presents a method to design a system to service repairable (military) technical objects, with an artificial neural network. It includes a diagram and structure of a servicing system with a neural network. The way in which the object’s servicing information is designed was presented. The manner was presented in which the internal structure was the transformation of a complex object wit...

The 2008 recession resulted from the failure of financial institutions including banks, due to their uncontrolled self-indulgent financial practices leading to a severe economic crisis. Policy options to resolve the recession that has resulted from the crisis included financial sector restructuring or bail-outs on the assumption that the banks are generally moral and trustworthy organizations. ...

This study constructs a valuation model from which an option-adjusted spread approach is employed to value individual mortgage servicing contracts for both adjustable rate and fixed rate mortgages. The valuation model is comprised of an exogenous OTS prepayment model, a stochastic interest rate process, and other servicing fees and costs, all of which jointly determine the servicing contract’s ...

The introduction of microfinance institutions is viewed as the best alternative source financial services for low-income earners a means to raise their income and reduce poverty. However, empirical research has indicated that majority institutions’ borrowers are over-indebted. Over-indebtedness negative consequences debtors, creditors, economy whole. Since over-indebtedness context-specific phe...

Abstract Whilst both the level and make-up of public debt are high salience issues, management seldom commands attention. This study examines quiet politics in advanced capitalist societies, comparing reforms everyday practice Germany UK. We present evidence two factors contributing to political quietude around management: a persistent absence partisan contestation conflict; dominance ‘market d...