Second, it has featured research on central counterparties (CCPs), a topic that has not yet received a great deal of attention from academic researchers. I hope that this conference has contributed to stimulating more research on this very important subject. Finally, it has brought together market participants, public authorities and academics.
As such examples typically illustrate, structural adjustment does not stop at referring to management reform at an individual firm level, but can be regarded as a process through which production factors such as labor, capital, and land are shifted to more efficient fields. Second, technological advancement has much broader implications than the mere expansion of highproductivity sectors and substantial increase in employment.