1.

Record Nr.

UNINA9910350193403321

Autore

Di Méo Guy

Titolo

La croissance périphérique des espaces urbains : Petites villes et villes moyennes au sud de l’Aquitaine / / Guy Di Méo

Pubbl/distr/stampa

Pessac, : Maison des Sciences de l’Homme d’Aquitaine, 2019

ISBN

2-85892-564-X

Descrizione fisica

1 online resource (110 p.)

Altri autori (Persone)

Di MéoGuy

GuerreroRaul

Soggetti

Cities and towns - France - Aquitaine - Growth - Case studies

Cities and towns - France - Orthez - Growth

Cities and towns - France - Oloron-Sainte-Marie - Growth

Cities and towns - France - Pau - Growth

Lingua di pubblicazione

Francese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

Depuis une vingtaine d'années, la croissance des villes françaises se caractérise par un véritable éclatement géographique de leurs limites. Tout un vocabulaire, soit ancien - nouvelles banlieues, suburbanisation-, soit récent et plus barbare - "rurbanisation", "naturbanisation"... -, s'efforce de définir un phénomène qui dépasse les frontières de notre territoire et que les chercheurs ont trop souvent réduit à l'analyse de la diffusion de l'habitat individuel dans les couronnes péri-urbaines, ou à l'observation du repeuplement des communes rurales à la périphérie des agglomérations. Certes, quelques interprétations générales, plus soucieuses de repérer de fructueuses continuités diachroniques que de spectaculaires mais illusoires ruptures, ont montré de quelle façon cette nouvelle croissance externe des villes, amorcée avec les années 1970, s'articule aux périodes précédentes de forte croissance économique et de "révolution urbaine". De fait, au cours des années 1960, le redéploiement spatial des activités, comme l'émergence de nouveaux rapports géographiques entre les bassins d'emploi et les aires résidentielles, ont incontestablement préparé les formes récentes et actuelles de la



croissance périphérique.

2.

Record Nr.

UNINA9910154899503321

Autore

Chung Jae

Titolo

Benefits and Costs of Corporate Debt Restructuring : : An Estimation for Korea / / Jae Chung, Lev Ratnovski

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2016

ISBN

9781475545500

1475545509

9781475545555

147554555X

Descrizione fisica

1 online resource (23 pages) : illustrations, tables

Collana

IMF Working Papers

Altri autori (Persone)

RatnovskiLev

Disciplina

658.1526

Soggetti

Corporate debt - Korea (South) - Econometric models

Debt relief - Korea (South) - Econometric models

Exports and Imports

Financial Risk Management

Labor

Industries: Manufacturing

Investment

Capital

Intangible Capital

Capacity

Business Fluctuations

Cycles

Bankruptcy

Liquidation

Debt

Debt Management

Sovereign Debt

Employment

Unemployment

Wages

Intergenerational Income Distribution

Aggregate Human Capital

Aggregate Labor Productivity

Labor Force and Employment, Size, and Structure



International Lending and Debt Problems

Industry Studies: Manufacturing: General

Finance

Labour

income economics

International economics

Manufacturing industries

Debt restructuring

Labor force

Debt burden

Manufacturing

Asset and liability management

External debt

Economic sectors

Debts, External

Economic theory

Labor market

Income economics

Korea, Republic of

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Sommario/riassunto

The paper offers a method to quantify benefits and costs of corporate debt restructuring, with an application to Korea. We suggest a "persistent ICR<1" criterion to capture firms that had ICR<1 for multiple consecutive years and thus will likely require restructuring. We assess the benefits of debt restructuring by estimating the effects of removing a firm's debt overhang on its investment and hiring decisions. We refine the assumptions on the cost of debt restructuring based on the literature, and focus not only on creditor losses, but also on the employment impact of corporate restructuring. Benchmark results for Korea suggest 5.5-7.5 percent of GDP creditor losses and a 0.4-0.9 percent of the labor force employment impact from the debt restructuring. These are compensated by a permanent 0.4-0.9 percentage points increase in future GDP growth thanks to higher corporate investment and 0.05-0.1 percent of labor force higher hiring in the subsequent years. The key qualitative result is that corporate debt restructurings "pay off" in the medium term: their economic cost is recouped over about 10 years.