Approche Black Litterman Pdf

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Leaving Space for Nature

This book provides the first contemporary assessment of area-based conservation and its implications for nature and society. Now covering 15 per cent of the land surface and a growing area of ocean, the creation of protected areas is one of the fastest conscious changes in land management in history. But this has come at a cost, including a backlash from human rights organisations about the social impacts of protected areas. At the same time, a range of new types of area-based conservation has emerged, based on indigenous people’s territories, local community lands and a new designation of “other effective area-based conservation measures”. This book provides a concise overview of the status and possible futures of area-based conservation. With many people calling for half the earth’s land surface to remain in a natural condition, this book taps into the urgent debate about the feasibility of such an aim and the ways in which such land might be managed. It provides a timely contribution by people who have been at the centre of the debate for the last twenty years. Building on the authors’ large personal knowledge, the book draws on global case studies where the authors have firsthand experience, including Yosemite National Park (USA), Blue Mountains National Park (Australia), Bwindi National Park (Uganda), Chingaza National Park (Colombia), Ustyart Plateau (Kazakhstan), Snowdonia National Park (Wales) and many more. This book is essential reading for students, academics and practitioners interested in conservation and its impact on society.
How Large Are Global Energy Subsidies?

Author: Mr.David Coady
language: en
Publisher: International Monetary Fund
Release Date: 2015-05-18
This paper provides a comprehensive, updated picture of energy subsidies at the global and regional levels. It focuses on the broad notion of post-tax energy subsidies, which arise when consumer prices are below supply costs plus a tax to reflect environmental damage and an additional tax applied to all consumption goods to raise government revenues. Post-tax energy subsidies are dramatically higher than previously estimated, and are projected to remain high. These subsidies primarily reflect under-pricing from a domestic (rather than global) perspective, so even unilateral price reform is in countries’ own interests. The potential fiscal, environmental and welfare impacts of energy subsidy reform are substantial.
The Theory of Investment Value

Author: John Burr Williams
language: en
Publisher: www.bnpublishing.com
Release Date: 2012-06
Why the book is interesting today is that it still is important and the most authoritative work on how to value financial assets. "Williams combined original theoretical concepts with enlightening and entertaining commentary based on his own experiences in the rough-and-tumble world of investment." Williams' discovery was to project an estimate that offers intrinsic value and it is called the 'Dividend Discount Model' which is still used today by professional investors on the institutional side of markets.