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Compreensão do papel da Administração Pública na tribuição do bem jurídico à coletividade no Estado de Direito
A compreensão da Administração Pública como função raciocinada na realização espontânea da justiça material no Estado Democrático de Direito convida as instituições controladoras a assumirem nova postura nos relacionamentos travados com o administrador público. Definir a Administração como organismo essencial para o Estado na efetivação da justiça é concebê-la não sob um viés mecanicista de mera aplicadora da lei, mas enxergá-la como organismo estatal pensante que interpreta e aplica a norma ao caso concreto. O hábito de vilanizar a Administração Pública e conferir ao Controle a condição de garantidor dos direitos do indivíduo diante dos abusos estatais constit...
Art, Travel, and Exchange between Iberia and Global Geographies, c. 1400–1550
Traditional narratives hold that the art and architecture of the Iberian Peninsula in the late 15th century were transformed by the arrival of artists, objects, and ideas from northern Europe. The year 1492 has been interpreted as a radical rupture, marking the end of the Islamic presence on the peninsula, the beginning of global encounters, and the intensification of exchange between Iberia and Renaissance Italy. This volume aims to nuance and challenge this narrative, considering the Spanish and Portuguese worlds in conjunction, and emphasising the multi-directional migrations of both objects and people to and from the peninsula. This long-marginalised region is recast as a ‘diffuse arti...
Biofuel Technologies
Biofuels are considered to be the main potential replacement for fossil fuels in the near future. In this book international experts present recent advances in biofuel research and related technologies. Topics include biomethane and biobutanol production, microbial fuel cells, feedstock production, biomass pre-treatment, enzyme hydrolysis, genetic manipulation of microbial cells and their application in the biofuels industry, bioreactor systems, and economical processing technologies for biofuel residues. The chapters provide concise information to help understand the technology-related implications of biofuels development. Moreover, recent updates on biofuel feedstocks, biofuel types, associated co- and byproducts and their applications are highlighted. The book addresses the needs of postgraduate researchers and scientists across diverse disciplines and industrial sectors in which biofuel technologies and related research and experimentation are pursued.
Labor and Product Market Reforms and External Imbalances: Evidence from Advanced Economies
We explore the impact of major labor and product market reforms on current account dynamics using a new “narrative” database of major changes in employment protection for regular workers and product market regulation for non-manufacturing industries covering 26 advanced economies over the past four decades. Our main finding is that product market deregulation is associated with a weakening of the current account, while labor market deregulation is associated with an improvement. These effects are transitory and driven by both saving and investment responses. Labor and product market reforms both have a more positive impact on the current account balance when implemented under weak macroeconomic conditions. Our results are broadly consistent with predictions from recent DSGE models with endogenous producer entry and labor market frictions.
Monetary Policy Transmission in Emerging Markets and Developing Economies
Central banks in emerging and developing economies (EMDEs) have been modernizing their monetary policy frameworks, often moving toward inflation targeting (IT). However, questions regarding the strength of monetary policy transmission from interest rates to inflation and output have often stalled progress. We conduct a novel empirical analysis using Jordà’s (2005) approach for 40 EMDEs to shed a light on monetary transmission in these countries. We find that interest rate hikes reduce output growth and inflation, once we explicitly account for the behavior of the exchange rate. Having a modern monetary policy framework—adopting IT and independent and transparent central banks—matters more for monetary transmission than financial development.
This Changes Everything: Climate Shocks and Sovereign Bonds
Climate change is already a systemic risk to the global economy. While there is a large body of literature documenting potential economic consequences, there is scarce research on the link between climate change and sovereign risk. This paper therefore investigates the impact of climate change vulnerability and resilience on sovereign bond yields and spreads in 98 advanced and developing countries over the period 1995–2017. We find that the vulnerability and resilience to climate change have a significant impact on the cost government borrowing, after controlling for conventional determinants of sovereign risk. That is, countries that are more resilient to climate change have lower bond yields and spreads relative to countries with greater vulnerability to risks associated with climate change. Furthermore, partitioning the sample into country groups reveals that the magnitude and statistical significance of these effects are much greater in developing countries with weaker capacity to adapt to and mitigate the consequences of climate change.
Plant Biomass Conversion
A whole host of motivations are driving the development of the “renewables” industry— ranging from the desire to develop sustainable energy resources to the reduction of dangerous greenhouse gases that contribute to global warming. All energy utilized on the earth is ultimately derived from the sun through photosynthesis—the only truly renewable commodity. As concerns regarding increasing energy prices, global warming and renewable resources continue to grow, so has scientific discovery into agricultural biomass conversion. Plant Biomass Conversion addresses both the development of plant biomass and conversion technology, in addition to issues surrounding biomass conversion, such as the affect on water resources and soil sustainability. This book also offers a brief overview of the current status of the industry and examples of production plants being used in current biomass conversion efforts.
