Starting from the ‘90s, there has been a significant increase in PPP use in the public sector in Europe, benefiting the implementation of infrastructure projects. In Italy, PPP is still much more limited than in such countries as the UK and France: the projects funded are smaller and the sectors involved are less appropriate. Based on the economic literature, European initiatives and international comparisons, the paper examines aspects of regulations that could encourage the appropriate use of PPP and considers the problems with the Italian regulations, while proposing some corrective measures. The main limitations involve: i) the absence of adequate preliminary assessments about the advantages of using PPP rather than the traditional procurement, ii) the relative lack of attention to the contract terms, iii) inadequate safeguards to ensure the bankability of the projects, and iv) limited information transparency and accessibility.

Google Earth images in the Marche Region of Central Italy revealed a circular structure consisting of a ring system made up of concentric hills and valleys. Cartography, DEM, geological, and available geophysical data were used to constrain the possible origin of the structure. Located in the Messinian foredeep deposits of the Central Apennines, it has a rim diameter of 3.75 km and a central uplift connected to its southernmost part. As it was formed in the clays of the Lower Pliocene, and clays are believed to have emerged definitively after the Upper Pliocene, its age might be constrained to the Lower Pleistocene. Similar concentric structures are usually found in impact craters, sedimentary domes, and volcanic landforms. As salt domes and magmatic activity are not found in this region, this study seeks to validate the results of previous work that it was the result of an ancient impact crater of hydrological, brachyanticline, or clayey diapiric origins. Specifically, an observed second ring portion with a curvature radius about double the first in size will be investigated in this work. This second ring portion appears to be concentric to the first one and is visible along its northern and western parts. Although double concentric rings are usually due to impact craters, the absence of the ring portion in the other two directions and the probable deviation of a river, deduced by studying hydrography, support the hypothesis that it might be of clay diapir origin.

Embassies are important buildings, involving the diplomatic image of a country’s government in another foreign country. Given the rising tensions between countries, either political, economic, religion or war, attacks on embassies have been increasing in recent years. Thus, it is evident that appropriate measures are to be taken to reduce the potential impact of an attack. The paper discusses the measures in enhancing building security of embassies. The principles for Security Planning and Design are discussed, followed by an introduction to a systematic security risk assessment framework. The framework is evaluated regarding the potential security risk posed by an attack against elements of the mega infrastructure using explosives. Further options to increase the security of embassies are also explored to reduce the risk of a potential attack. A security-enhanced building, planned and constructed well to specifications, can provide benefits to the client, including greater cost advantage and increase of value for the structure.

This work is a part of research on the microstructure and mechanical properties of Cr-Ni-Si steels after various thermal treatments [1, 2]. The need to minimize damage and losses caused by emerging failures in complex engineering facilities such as nuclear, thermal and hydroelectric power stations, and gas and oil pipelines necessitates the creation of materials of high strength, plasticity, welding and high rigidity.

Over the past decade, Ontario has seen a renewal in efforts to stimulate economic growth by investing in infrastructures. In this paper, we analyze the impact of public infrastructure investment on economic performance in this province. We use a multivariate dynamic time series methodological approach, based on the use of vector autoregressive models to estimate the elasticities and marginal products of six different types of public infrastructure assets on private investment, employment and output. We find that all types of public investment crowd in private investment while investment in highways, roads, and bridges crowds out employment. We also find that all types of public investment, with the exception of highways, roads and bridges, have a positive effect on output. The relatively large range of results estimated for the impact of each of the different public infrastructure types suggests that a targeted approach to the design of infrastructure investment policy is required. Infrastructure investment in transit systems and health facilities display the highest returns for output and the largest effects on employment and labor productivity. In terms of the nature of the empirical results presented here it would be important to highlight the fact that investments in health infrastructures as well as investments in education infrastructures are of great relevance. This is a pattern consistent with the mounting international evidence on the importance of human capital for long term economic performance.

China’s Belt and Road Initiative (BRI) hopes to deliver trillions of dollars in infrastructure financing to Asia, Europe, and Africa. If the initiative follows Chinese practices to date for infrastructure financing, which often entail lending to sovereign borrowers, then BRI raises the risk of debt distress in some borrower countries. This paper assesses the likelihood of debt problems in the 68 countries identified as potential BRI borrowers. We conclude that eight countries are at particular risk of debt distress based on an identified pipeline of project lending associated with BRI.

Because this indebtedness also suggests a higher concentration in debt owed to official and quasi-official Chinese creditors, we examine Chinese policies and practices related to sustainable financing and the management of debt problems in borrower countries. Based on this evidence, we offer recommendations to improve Chinese policy in these areas. The recommendations are offered to Chinese policymakers directly, as well as to BRI’s bilateral and multilateral partners, including the IMF and World Bank.