Public health: [von den Gesundheitsbedürfnissen der Gesellschaft zu klinischen Implikationen]
In: MCW-Block 22/23
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In: MCW-Block 22/23
In: Forum Paper Series, 22
World Affairs Online
In: Colección Historia argentina 22
In: Col·lecció Cooperativistes Catalans 22
In: Schriften des Hessischen Landtags 22
In: Alfa 2531
In: Tarih 22
In: Frankfurter archäologische Schriften 22
In: Seele, Existenz und Leben 22
In: Studien zu Lateinamerika v.22
In: Documenta suevica Band 22
In: Edition Weltregionen Bd. 22
In: Soziale Orientierung Bd. 22
In: Globalization and community 22
"While urban preservation is almost as old as cities themselves, it has become increasingly controversial in modern cities. In this book, Yue Zhang presents a cross-national comparative analysis of the politics of urban preservation. Based on comprehensive archival research and more than two hundred in-depth interviews in Beijing, Chicago, and Paris, Zhang finds that urban preservation provides a tool for diverse political and social actors to frame their propositions and advance their favored courses of action. In cities from West to East, divergent political and economic interests have caused urban preservation to become contested. Exploring three of the world's great cities, Zhang deftly navigates readers through each case study, illustrating the complexities of the politics of urban preservation in each city. In Beijing, urban preservation was integral to promoting economic growth and enhancing the city's image during the lead-up to the 2008 Olympics; in Chicago, it is used to increase property values and revitalize neighborhoods; and in Paris, it offers a channel for national and municipal governments to compete for control over urban space. Although urban preservation serves various purposes in these cities, Zhang explains how different types of political fragmentation have affected the implementation of preservation initiatives in predictable ways, thus generating distinct patterns of urban preservation. A comparative urban politics study of unusual breadth, The Fragmented Politics of Urban Preservation gives us insight into the complex policy process of urban preservation through which political institutions are intertwined with interests and inclinations, fundamentally shaping the direction of urban development, the physical forms of cities, and the lives of citizens"--Provided by publisher
In: Discussion paper 22/2013
Our paper addresses firm size as a driver of systematic credit risk in loans to small and medium enterprises (SMEs). Key contributions are the use of a unique data set of SME lending by over 400 German banks and relating systematic risk to the size dependence of regulatory capital requirements. What sets our sample apart is its comprehensive coverage of the particularly rich and well developed credit market for SMEs in Germany. We estimate asset correlations as the key measure of systematic risk from historical default rates. Our results suggest that systematic risk tends to increase with firm size, conditional on the respective rating category. We also compare the size of this effect with the capital relief that has been granted in Basel II for SMEs relative to large firms. For SME loans in the corporate portfolio of the Internal Ratings-Based Approach and also for SME loans treated under the revised standardized approach of Basel II, our asset correlation estimates suggest a significantly larger relative difference from large firms than reflected in the regulatory capital requirements.