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Il giovane Larus, il "Gabbiano del dio Nettuno" come lo chiamano i pescatori di Baia Sopita, è l'unico in grado di volare nella tempesta. Desideroso di conoscere, superare i propri limiti e scoprire nuovi orizzonti, un bel giorno Laurus si imbatte in un sentimento mai provato, la noia. «La noia è come un vuoto d'aria improvviso» aveva sentito dire da suo nonno. «Sei lì che voli tranquillo per i fatti tuoi, e all'improvviso il cielo ti manca so...

This volume analyzes in great detail the problem of information and risk management. Both topics are a central issue in current financial and monetary economic literature. Several recent theoretical and empirical contributions consider asymmetric information between investors and financiers as a major determinant of financial risk. In this framework, we may regard financial and banking innovation as, on one hand, policy and individual agents' ...

Algebraic geometry has always been an ec1ectic science, with its roots in algebra, function-theory and topology. Apart from early resear­ ches, now about a century old, this beautiful branch of mathematics has for many years been investigated chiefly by the Italian school which, by its pioneer work, based on algebro-geometric methods, has succeeded in building up an imposing body of knowledge. Quite apart from its intrinsic interest, this poss...

The rise of China and India has completely changed the world economy, moving it towards disequilibrium. Several alternative economic policies are tested to seek a way towards high growth in any continent associated with long-run real and financial equilibrium. The authors argue for a new exchange rate system and a new world governance.

This volume analyzes in great detail the problem of information and risk management. Both topics are a central issue in current financial and monetary economic literature. Several recent theoretical and empirical contributions consider asymmetric information between investors and financiers as a major determinant of financial risk. In this framework, we may regard financial and banking innovation as, on one hand, policy and individual agents' ...

Mario Baldassarri and Francesco Busato evaluate the impact produced by a new cycle of structural reforms over European Union economies. The structural reforms concern the size and the composition of government expenditure, the good and services markets, and the labour market. The book illustrates how the key challenge for European countries is not to discuss how policies could be implemented (e.g. fiscal policy competition Vs fiscal policy coo...

The rise of China and India has completely changed the world economy, moving it towards disequilibrium. Several alternative economic policies are tested to seek a way towards high growth in any continent associated with long-run real and financial equilibrium. The authors argue for a new exchange rate system and a new world governance.