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Basic Rail Transportation Infrastructure Index
The Basic Rail Transportation Infrastructure Index (BRTI Index) is a synthetic measure combining rail transportation metrics (existence of modern rail networks and average speed of main inter-urban itineraries) and cost efficiency observations, used as an indicator a country’s relative development in modern land transportation. The index was first developed by World Pensions Council (WPC) financial economists within a cross-country comparative framework that included ten key jurisdictions: the UK, Canada, China, France, Germany, Italy, Russia, Turkey, the US, and Brazil. The relative advancement of a nation’s (rail) transportation infrastructure can also be measured using a more refined model called (Modified) Rail Transportation Infrastructure Index: ‘(M) RTI’ or simply ‘RTI’, whereby cost-efficiency is given more weight (x2) than average speed (x1), thus allowing for more robust cross-country comparisons M. Nicolas J. Firzli ‘2014 LTI Rome Conference: Infrastr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rail Transportation
Rail transport (also known as train transport) is a means of transport using wheeled vehicles running in tracks, which usually consist of two parallel steel rails. Rail transport is one of the two primary means of land transport, next to road transport. It is used for about 8% of passenger and freight transport globally, thanks to its energy efficiency and potentially high speed.Rolling stock on rails generally encounters lower frictional resistance than rubber-tyred road vehicles, allowing rail cars to be coupled into longer trains. Power is usually provided by diesel or electric locomotives. While railway transport is capital-intensive and less flexible than road transport, it can carry heavy loads of passengers and cargo with greater energy efficiency and safety. Precursors of railways driven by human or animal power have existed since antiquity, but modern rail transport began with the invention of the steam locomotive in the United Kingdom at the beginning of the 19th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cost Efficiency
Cost efficiency (or cost optimality), in the context of parallel computer algorithms, refers to a measure of how effectively parallel computing can be used to solve a particular problem. A parallel algorithm is considered cost efficient if its asymptotic running time multiplied by the number of processing units involved in the computation is comparable to the running time of the best sequential algorithm. For example, an algorithm that can be solved in O(n) time using the best known sequential algorithm and O\left(\frac\right) in a parallel computer with p processors will be considered cost efficient. Cost efficiency also has applications to human services Human services is an interdisciplinary field of study with the objective of meeting human needs through an applied knowledge base, focusing on prevention as well as remediation of problems, and maintaining a commitment to improving the overall qu .... References *Advanced Computer Architectures: A Design Space Approach, D. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Pensions & Investments Forum
The World Pensions Forum, also called World Pensions & Investments Forum, is a research and policy oriented conference organised by M. Nicolas Firzli, founder of the World Pensions Council (WPC), in partnership with regional and supranational organisations, large public and private institutional investors from G10 countries, the emerging nations of Eastern Europe, Latin America, Asia and the MENA area. The ''first edition'' of the forum was held in Paris at the OECD: on that occasion, leading experts from the OECD, the University of Cambridge, the IMF, the World Bank and various US, UK and Mainland European institutions presented the latest advances in the fields quantitative asset allocation, financial risk management, socially responsible investing and corporate governance. The ''second edition'' was held in Paris at the headquarters of the Society for the Encouragement of National Industry (SEIN): discussions focused on long term investments, infrastructure assets, i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Financial Economist
Financial economics is the branch of economics characterized by a "concentration on monetary activities", in which "money of one type or another is likely to appear on ''both sides'' of a trade". William F. Sharpe"Financial Economics", in Its concern is thus the interrelation of financial variables, such as share prices, interest rates and exchange rates, as opposed to those concerning the real economy. It has two main areas of focus: Merton H. Miller, (1999). The History of Finance: An Eyewitness Account, ''Journal of Portfolio Management''. Summer 1999. asset pricing and corporate finance; the first being the perspective of providers of capital, i.e. investors, and the second of users of capital. It thus provides the theoretical underpinning for much of finance. The subject is concerned with "the allocation and deployment of economic resources, both spatially and across time, in an uncertain environment".See Fama and Miller (1972), ''The Theory of Finance'', in Bibliograph ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economic Indicators
An economic indicator is a statistic about an economic activity. Economic indicators allow analysis of economic performance and predictions of future performance. One application of economic indicators is the study of business cycles. Economic indicators include various indices, earnings reports, and economic summaries: for example, the unemployment rate, quits rate (quit rate in American English), housing starts, consumer price index (a measure for inflation), inverted yield curve, consumer leverage ratio, industrial production, bankruptcies, gross domestic product, broadband internet penetration, retail sales, price index, and changes in credit conditions. The leading business cycle dating committee in the United States of America is the private National Bureau of Economic Research. The Bureau of Labor Statistics is the principal fact-finding agency for the U.S. government in the field of labor economics and statistics. Other producers of economic indicators includes the Unit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
