CSL Limited Financial Report 1999-2000
... Formerly, he was Chairman and Managing Director of Wellcome Australasia and Director of Marketing Development for the Wellcome worldwide group. He is Chairman of the Royal Australasian College of Physicians Research and Education Foundation, Start-up Australia Pty Ltd, and Open Software Associates L ...
... Formerly, he was Chairman and Managing Director of Wellcome Australasia and Director of Marketing Development for the Wellcome worldwide group. He is Chairman of the Royal Australasian College of Physicians Research and Education Foundation, Start-up Australia Pty Ltd, and Open Software Associates L ...
The Determinants and Excessiveness of Current Account
... A current account is sustainable if the continuation of the current government policy stance and/or of present private sector behavior will not entail a need for a ‘drastic’ policy shift or a balance of payments (currency) crisis.5 Finally, an unsustainable deficit should be distinguished from an ex ...
... A current account is sustainable if the continuation of the current government policy stance and/or of present private sector behavior will not entail a need for a ‘drastic’ policy shift or a balance of payments (currency) crisis.5 Finally, an unsustainable deficit should be distinguished from an ex ...
ABSTRACT Title of Document:
... monetary and capital flows policies. The central bank can precommit to follow a particular exchange rate regime only for a finite period of time; after that, regimes are abandoned and the central bank must adjust inflation to ensure that the government’s budget constraint is satisfied, similar to Sa ...
... monetary and capital flows policies. The central bank can precommit to follow a particular exchange rate regime only for a finite period of time; after that, regimes are abandoned and the central bank must adjust inflation to ensure that the government’s budget constraint is satisfied, similar to Sa ...
Integrated reporting
... governance and prospects. An issue is considered material if it is likely to impact KCB’s ability to achieve its strategy, to remain commercially sustainable and to be socially relevant. In particular, material issues are those that have a strong bearing on the assessment of stakeholders of the exte ...
... governance and prospects. An issue is considered material if it is likely to impact KCB’s ability to achieve its strategy, to remain commercially sustainable and to be socially relevant. In particular, material issues are those that have a strong bearing on the assessment of stakeholders of the exte ...
Atento SA (Form: 6-K, Received: 08/02/2016 16:55:59)
... S.C.A. (“Topco”). In April 2014, Topco also incorporated Atalaya Luxco PIKCo S.C.A. (“PikCo”) and on May 15, 2014 Topco contributed to PikCo: (i) all of its equity interests in its then direct subsidiary, Atalaya Luxco Midco S.à.r.l. (“Midco”), the consideration for which was an allocation to PikCo’ ...
... S.C.A. (“Topco”). In April 2014, Topco also incorporated Atalaya Luxco PIKCo S.C.A. (“PikCo”) and on May 15, 2014 Topco contributed to PikCo: (i) all of its equity interests in its then direct subsidiary, Atalaya Luxco Midco S.à.r.l. (“Midco”), the consideration for which was an allocation to PikCo’ ...
Implementing Basel III capital reforms in Australia
... that the operational target for monetary policy – the cash rate – remains close to the target rate set by the Reserve Bank Board. ...
... that the operational target for monetary policy – the cash rate – remains close to the target rate set by the Reserve Bank Board. ...
NBER WORKING PAPER SERIES THE BARNETT CRITIQUE AFTER THREE DECADES:
... can be used to construct coherent and consistent measures of money in economies, like the United States, where liquidity services are provided through an entire spectrum of assets including various types of interest-bearing deposits as well as noninterest-bearing currency. During the three decades t ...
... can be used to construct coherent and consistent measures of money in economies, like the United States, where liquidity services are provided through an entire spectrum of assets including various types of interest-bearing deposits as well as noninterest-bearing currency. During the three decades t ...
RADIUS GOLD INC. (Form: 20-F, Received: 05/15
... conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those described in Item 3.D. of this Annual Report under the heading, “Risk Factors”, and elsewhere in this Annual Report ...
... conditions may differ materially from those reflected in the forward-looking statements due to a variety of risks, uncertainties and other factors, including, without limitation, those described in Item 3.D. of this Annual Report under the heading, “Risk Factors”, and elsewhere in this Annual Report ...
managing foreign exchange risk with derivatives
... on how non-financial corporations structure their internal risk management programs, answering this question provides insights into the operations of the hedging program and affords a framework for more in-depth analysis of HDG. In general, HDG’s policies and practices are consistent with the guidel ...
... on how non-financial corporations structure their internal risk management programs, answering this question provides insights into the operations of the hedging program and affords a framework for more in-depth analysis of HDG. In general, HDG’s policies and practices are consistent with the guidel ...
Australian-Bankers-Association-Basel-III
... as to the terms and conditions required for an Additional Tier 1 or Tier 2 securities: 1. Profits Test (APS 110 “Capital Adequacy”, Paragraph 34): APRA’s proposed annual current year profits test for the payment on all Additional Tier 1 and Tier 2 securities’ coupons – the Basel Committee has no suc ...
... as to the terms and conditions required for an Additional Tier 1 or Tier 2 securities: 1. Profits Test (APS 110 “Capital Adequacy”, Paragraph 34): APRA’s proposed annual current year profits test for the payment on all Additional Tier 1 and Tier 2 securities’ coupons – the Basel Committee has no suc ...
Total Produ let`s grow to
... the Group Chief Financial Officer and Company Secretary having held various senior accounting and financial positions in the Group. Marie Reid was appointed Company Secretary having joined the Group in 2004 and previously held the role of Assistant Company Secretary. We wish them all well in their n ...
... the Group Chief Financial Officer and Company Secretary having held various senior accounting and financial positions in the Group. Marie Reid was appointed Company Secretary having joined the Group in 2004 and previously held the role of Assistant Company Secretary. We wish them all well in their n ...
SW Report - South African Savings Institute
... investment for growth. Although the South African economy is slowly recovering, the impact of the recession on South Africa’s Households will continue and will have long lasting impacts on savings. The recession raised debates about the role of savings in economic recovery and growth in South Africa ...
... investment for growth. Although the South African economy is slowly recovering, the impact of the recession on South Africa’s Households will continue and will have long lasting impacts on savings. The recession raised debates about the role of savings in economic recovery and growth in South Africa ...
Transition Report 1998
... issues central to the process of transition in a wide range of areas, including: enterprises, markets and trade, financial institutions, fiscal and social safety net reform, and legal transition. This year, the format and contents of these transition assessments have been changed to provide greater ...
... issues central to the process of transition in a wide range of areas, including: enterprises, markets and trade, financial institutions, fiscal and social safety net reform, and legal transition. This year, the format and contents of these transition assessments have been changed to provide greater ...
Battle for Globalisations? - Observer Research Foundation
... phenomena of which the BRICS and the MRTAs are both cases, and for the formulation of this paper's hypothesis. The rest of the paper is divided into two case studies and analyses. Section V deals with BRICS in the context of globalisation. It presents an overview of BRICS' initial development, from ...
... phenomena of which the BRICS and the MRTAs are both cases, and for the formulation of this paper's hypothesis. The rest of the paper is divided into two case studies and analyses. Section V deals with BRICS in the context of globalisation. It presents an overview of BRICS' initial development, from ...
Capital Flows are Fickle: Anytime, Anywhere 183 WP/13/
... relatively low global interest rates. This relates to a key concern in many policymakers minds since the Great Recession—capital flows to emerging market and developing economies may reverse when currently low interest rates in advanced economies start to rise. Besides its policy relevance, the anal ...
... relatively low global interest rates. This relates to a key concern in many policymakers minds since the Great Recession—capital flows to emerging market and developing economies may reverse when currently low interest rates in advanced economies start to rise. Besides its policy relevance, the anal ...
Annual Report 2010(7.5mm spine)
... conditions continue, although the timing of the Easter holiday means that early comparisons with prior years are also distorted, with a shift in trading patterns and a delay in the launch of our new catalogues until schools had returned after the break. The business is maintaining its focus on perfo ...
... conditions continue, although the timing of the Easter holiday means that early comparisons with prior years are also distorted, with a shift in trading patterns and a delay in the launch of our new catalogues until schools had returned after the break. The business is maintaining its focus on perfo ...
london borough of camden 2014/15
... as well as a library and access centre. The building has been granted an ‘outstanding’ BREEAM environmental rating, and cut carbon emissions by 64 per cent as well as leading to annual energy savings over £0.5 million compared to the previous portfolio – savings that we are reinvesting to keep vital ...
... as well as a library and access centre. The building has been granted an ‘outstanding’ BREEAM environmental rating, and cut carbon emissions by 64 per cent as well as leading to annual energy savings over £0.5 million compared to the previous portfolio – savings that we are reinvesting to keep vital ...
The monetary policy of the ECB (Third edition, May 2011)
... area households, has been better than that of its legacy currencies over the previous 50 years. The conditions for achieving price stability have not been easy and the single monetary policy has faced a number of significant challenges. Several adverse shocks have hit the euro area economy. The ECB ...
... area households, has been better than that of its legacy currencies over the previous 50 years. The conditions for achieving price stability have not been easy and the single monetary policy has faced a number of significant challenges. Several adverse shocks have hit the euro area economy. The ECB ...
(TZS) versus the US Dollar (USD) and other major world currenc
... it is to gain in terms of the exchange rate movements. As the country is still rather dependent on international trade for local consumption, its people indirectly become poorer when the value of the TZS depreciates, which also increases the costs of living and production. As part of an export strat ...
... it is to gain in terms of the exchange rate movements. As the country is still rather dependent on international trade for local consumption, its people indirectly become poorer when the value of the TZS depreciates, which also increases the costs of living and production. As part of an export strat ...
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... whether speculative attacks will be successful? The consensus3 in 1999 is as follows. (a) The problem is to evaluate the likelihood that a country will face a currency or balance of payments crisis over a given horizon. When is it rational for market participants to expect a depreciation of the curr ...
... whether speculative attacks will be successful? The consensus3 in 1999 is as follows. (a) The problem is to evaluate the likelihood that a country will face a currency or balance of payments crisis over a given horizon. When is it rational for market participants to expect a depreciation of the curr ...
Thesis - Kyiv School of Economics
... economies. However, for developing countries distance was important in most of the cases. The capital flows were divided into three broad categories: government bonds, corporate bonds and corporate equities. For all of the capital categories market interest rate volatility as well as inflation vola ...
... economies. However, for developing countries distance was important in most of the cases. The capital flows were divided into three broad categories: government bonds, corporate bonds and corporate equities. For all of the capital categories market interest rate volatility as well as inflation vola ...
International Reserves: Precautionary vs. Mercantilist Views, Theory
... investment contractions, credit crunches, and—in several countries—to full-blown banking crises.3 Finally, most affected countries went through tough adjustments, reversing the output contraction and resuming growth within several years. While a few countries flirted with capital controls, within tw ...
... investment contractions, credit crunches, and—in several countries—to full-blown banking crises.3 Finally, most affected countries went through tough adjustments, reversing the output contraction and resuming growth within several years. While a few countries flirted with capital controls, within tw ...
PJD2012Project1(option4):PJD2012Layout 1
... sectors and markets. Our operation in Vietnam continue to operate under challenging conditions but relentless marketing efforts are made to build up sales in Vietnam and also to penetrate into neighbouring Asian countries. ...
... sectors and markets. Our operation in Vietnam continue to operate under challenging conditions but relentless marketing efforts are made to build up sales in Vietnam and also to penetrate into neighbouring Asian countries. ...
Global financial system
The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal economic actors that together facilitate international flows of financial capital for purposes of investment and trade financing. Since emerging in the late 19th century during the first modern wave of economic globalization, its evolution is marked by the establishment of central banks, multilateral treaties, and intergovernmental organizations aimed at improving the transparency, regulation, and effectiveness of international markets. In the late 1800s, world migration and communication technology facilitated unprecedented growth in international trade and investment. At the onset of World War I, trade contracted as foreign exchange markets became paralyzed by money market illiquidity. Countries sought to defend against external shocks with protectionist policies and trade virtually halted by 1933, worsening the effects of the global Great Depression until a series of reciprocal trade agreements slowly reduced tariffs worldwide. Efforts to revamp the international monetary system after World War II improved exchange rate stability, fostering record growth in global finance.A series of currency devaluations and oil crises in the 1970s led most countries to float their currencies. The world economy became increasingly financially integrated in the 1980s and 1990s due to capital account liberalization and financial deregulation. A series of financial crises in Europe, Asia, and Latin America followed with contagious effects due to greater exposure to volatile capital flows. The global financial crisis, which originated in the United States in 2007, quickly propagated among other nations and is recognized as the catalyst for the worldwide Great Recession. A market adjustment to Greece's noncompliance with its monetary union in 2009 ignited a sovereign debt crisis among European nations known as the Eurozone crisis.A country's decision to operate an open economy and globalize its financial capital carries monetary implications captured by the balance of payments. It also renders exposure to risks in international finance, such as political deterioration, regulatory changes, foreign exchange controls, and legal uncertainties for property rights and investments. Both individuals and groups may participate in the global financial system. Consumers and international businesses undertake consumption, production, and investment. Governments and intergovernmental bodies act as purveyors of international trade, economic development, and crisis management. Regulatory bodies establish financial regulations and legal procedures, while independent bodies facilitate industry supervision. Research institutes and other associations analyze data, publish reports and policy briefs, and host public discourse on global financial affairs.While the global financial system is edging toward greater stability, governments must deal with differing regional or national needs. Some nations are trying to orderly discontinue unconventional monetary policies installed to cultivate recovery, while others are expanding their scope and scale. Emerging market policymakers face a challenge of precision as they must carefully institute sustainable macroeconomic policies during extraordinary market sensitivity without provoking investors to retreat their capital to stronger markets. Nations' inability to align interests and achieve international consensus on matters such as banking regulation has perpetuated the risk of future global financial catastrophes.