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We show that when sub-national governments depend on high transfers from the central government (i.e., when there is some form of implicit guarantee from the center), markets are less responsive to sub-national governments' fiscal fundamentals.
This is coupled with high transfers from the provincial government to universities, which allows some of the country's best universities to continue operating while charging some of the lowest tuition.
Using a probabilistic approach, it is shown that the species phylogeny is tree-like even with a high transfers content, that is, when their number linearly depends on the average number of leaves per tree.
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Giving birth at home for a first-timer carries higher risks of stillbirth or neonatal death for the baby, according to figures from the National Perinatal Epidemiology Unit.There is also a high transfer rate into labour wards.
Italy's Serie A was the most glamorous soccer league in Europe more than five years ago because it attracted the best players in the world with high transfer fees and lucrative contracts.
The startup aims to save international students money by eliminating high transfer fees and by offering discounted exchange rates.
One of SureRemit's backers, 500 Startups, sees these high transfer costs as a disruptive opportunity for the venture.
Performed heating/cooling cycles confirmed the high transfer of heat and good stability of the system.
The regional energy interconnection now is featured with high voltage direct current (HVDC) transmission technology and high transfer capacities.
Compared to the native base metal, the AC/metal composite exhibits high transfer characteristics and effective catalytic/adsorptive properties [59].
Transfer tests revealed that both groups had high transfer of the acquired adaptation to the other joint.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com