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In the current economic crisis, higher education graduates need transferable professional skills more than ever. They need resourcefulness, an ability to work reflectively, a sense of civic awareness and an impressive curriculum vitae. This case study analyses how Dublin Institute of Technology’s Programme for Students Learning With Communities provides cost-effective, sustainable solutions to these needs, offering an alternative to industrial work placement. Community-based learning and research involve collaboration between staff and/or students and community partners to design real-life, course-based projects which meet the learning needs of the students and those of the community. The programme not only enriches the curriculum; it also builds links with communities and brings additional resources to the educational institution, while allowing the institution to fulfil its three main roles of teaching, research and outreach, simultaneously.
The aim of this study is to assess the effects of information and communications technologies (ICTs) on firms’ capabilities to innovate in a selection of OECD countries. Our findings support the hypothesis that ICTs act as an enabler of innovation, particularly for product and marketing innovation, in both manufacturing and services. However, we did not find any evidence that ICT use increases the capability of a firm to co-operate, to develop innovation in-house or to introduce products new to the market. These results suggest that ICTs enable firms to adopt innovation but they do not increase their “inventive” capabilities.
This paper examines the properties of qualitative inflation expectations collected from economic experts for Germany. It describes their characteristics relating to rationality and Granger causality. An out-of-sample simulation study investigates whether this indicator is suitable for inflation forecasting. Results from other standard forecasting models are considered and compared with models employing survey measures. We find that a model using survey expectations outperforms most of the competing models. Moreover, we find some evidence that the survey indicator already contains information from other model types (e.g. Phillips curve models). However, the forecast quality may be further improved by completely taking into account information from some financial indicators.
In 2005/06, 10.8% of the population in the OECD was foreign-born, representing 91 million persons. Latin American and African migrant populations increased by more than 30% between 2000 and 2005/06, slightly more than that of Asian migrants (27%). Labour market outcomes of immigrants vary by region and country of origin, but they improved significantly since 2000. In many OECD countries, low-educated foreign-born fare better on the labour market than their native-born counterparts, but high-educated migrants tend to have lower employment rates and higher unemployment rates than their native-born counterparts...
This article examines the impact of labour, financial and demographic risks on retirement income from DC pension plans, with a special emphasis on labour-market risk. It uses a stochastic model that incorporates uncertainty about returns on investment, inflation, discount rates, life expectancy, employment prospects and real wages. The analysis herein highlights that labour-market risk, as well as uncertainty about returns on investment and inflation, have the largest impact on retirement income. The results suggest that default life-cycle investment strategies that reduce exposure to risky assets in the last decade before retirement are quite helpful in reducing the risk of sharp reductions in retirement income, in particular when a negative shock to equity markets occurs in the years before retiring. However, life-cycle strategies fail to address issues of retirement income adequacy or smooth out the volatility in retirement income from DC pension plans.
This paper compares four short- and medium-term strategies available to public higher education to balance budgets in the face of major cutbacks in public funding. These strategies include: capping enrolments, changing the enrolment mix, raising prices and increasing enrolments without raising prices. The paper assesses the likely effects of these four strategies on the performance dimensions of participation, equity, productivity and quality. Some of the key political and economic considerations that do and should inform the decisions of institutional leaders are then considered. We conclude that there are fundamental inadequacies in our understanding of the possible impacts of changing enrolments on marginal costs. This means that higher education system and institutional leaders may not be fully and rationally exploring the range of options available to balance their budgets in the face of recession-driven cutbacks; in particular, they may not adequately consider the possibility of increasing enrolments without increasing fees.
“Despite its flaws and weaknesses, the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) remains an invaluable instrument for international security… There is no alternative but to support and strengthen the NPT…”
Foreign Affairs, Defence and Armed Forces Committee of the French Senate