"Structural Funds are available as non-reimbursable grants, on the basis of co-financing ('part-financing') with the relevant Member States. The level of co-financing depends on the objective of the programme, and is up to a maximum of between 50 and 85%. There are five sets of priority...

We examine the economic implications of infrastructure investment policies that try to improve economic conditions in Russia's peripheral regions. Our analysis of firm-level industrial data for 1989 and 2004 highlights a 'death of distance' in industrial location, with increasing concentration...

We analyze the problem of an investor who needs to unwind a portfolio in the face of recurring and uncertain liquidity needs, with a model that accounts for both permanent and temporary price impact of trading. We first show that a risk-neutral investor who myopically deleverages his position to...

In this paper, we propose a framework for robust optimization that relaxes the standard notion of robustness by allowing the decision maker to vary the protection level in a smooth way across the uncertainty set. We apply our approach to the problem of maximizing the expected value of a payoff...

Purpose - The purpose of this paper is to examine the impact of adopting a strategic approach to human resource management (HRM) in professional service firms (PSFs). It provides the empirical evidence by comparing and contrasting the adoption of a strategic approach to HRM in two Australian...

We examine the economic implications of infrastructure investment policies that try to improve economic conditions in Russia's peripheral regions. Our analysis of firm-level industrial data for 1989 and 2004 highlights a "death of distance" in industrial location, with increasing concentration...

In the March issue of this publication, Hal Lloyd, Maria O'Brien and Janna Robertson, drawing on Ch 11 of the US Bankruptcy Code, argued that Australian practitioners should consider using pre-packs within voluntary administration. Some pre-packs have already taken place in Australia. The...

Extensive commentary has established, by now, the obvious - that the Personal Property Securities Act 2009 (Cth) (PPSA) is an important piece of legislation that radically alters our approach to secured transactions, and casts the net of 'security' far wider than at common law. While the...

Further to Pt 1 of this article published in (2011) 12(3) INSLB 56 addressing the Personal Property Securities Act 2009 (Cth) (PPSA) and its implications for retention of title suppliers, this article focuses on some other common supplier transactions which, either as actual or as 'deemed'...

As is well-known, the Personal Properties Security Act 2009 (Cth) (PPSA) provides a 24-month grace period for 'temporary perfection' of 'transitional security interests', ie, those that derived from a security agreement which pre-dated the Registration Commencement Time (RCT) on 30 January 2012....