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Accelerating Startups in Emerging Markets
Accelerating Startups in Emerging Markets

... programs are proliferating around the world. In addition to now-famous programs like Techstars and Y Combinator, as well as many other programs that are run in high-income countries, we are seeing more and more programs in emerging markets. In fact, GALI’s 2016 Global Accelerator Survey, which exami ...
BNDES: Financing the Brazilian Development
BNDES: Financing the Brazilian Development

... Investments are necessary … as a consequence, infrastructure investments dropped over the last 20 years Yearly infrastructure growth in the selected sectors (%) ...
VILLA WORLD BONDS
VILLA WORLD BONDS

... There will be a separate Offer Specific Prospectus for each offer of Bonds during the life of this Base Prospectus, being the Covered Period. The disclosure document for each such offer of Bonds during the Covered Period will consist of this Base Prospectus and an Offer Specific Prospectus for the o ...
Reforms of Baltic States Pension Systems: Challenges and
Reforms of Baltic States Pension Systems: Challenges and

... Latvian Pension system reform Following the experience of Sweden, within the period from 1995 to 2001 there was also undertaken and executed a reform of Latvian pension system. Following, in 2001 the reform was completed and a new three pillar pension system was introduced. A new system was introdu ...
Network operations support systems as a competitive advantage
Network operations support systems as a competitive advantage

... The overall purpose of this paper is to perfom an analysis of TELUS and to examine if Network Operation Support Systems (OSS) can provide TELUS with a sustainable competitive advantage. The paper begins with the first three chapter exploring overviews of the components of the Canadian Telecommunicat ...
The Impact of Prices on Takeovers - Wharton Finance
The Impact of Prices on Takeovers - Wharton Finance

... practitioners often study premia to the market price in related past deals to estimate an appropriate premium to offer in the current transaction (known as “precedent transactions analysis”). Interestingly, the active role of financial markets implies that any factor that influences prices can also ...
MOF Risk Model for Operations
MOF Risk Model for Operations

... The risk model for operations advocates these principles:  Assess risks continuously. This means the team never stops searching for new risks, and it means that existing risks are periodically reevaluated. If either part does not happen, risk management will not benefit the company.  Integrate ris ...
SWP4: Corporate Bond Markets (Vol 1) - A global perspective
SWP4: Corporate Bond Markets (Vol 1) - A global perspective

... International Settlements, Asian Bonds Online, SIFMA, IMF and the World Bank. Findings can be summarized under the following four key messages: (1) Over the last decade or so, corporate bond markets have become bigger, more important for the real economy, and increasingly global in nature. ...
Corporate Bond Markets: A Global Perspective
Corporate Bond Markets: A Global Perspective

... International Settlements, Asian Bonds Online, SIFMA, IMF and the World Bank. Findings can be summarized under the following four key messages: (1) Over the last decade or so, corporate bond markets have become bigger, more important for the real economy, and increasingly global in nature. ...
2016 Annual Information Form
2016 Annual Information Form

... statements under applicable Canadian and U.S. securities legislation, including the U.S. Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements made about our operations, business lines, financial condition, risk management, priorities, targets ...
real-world  economics review
real-world economics review

... took at face value – without adjusting for the methodology changes – that the wealth share of the top 10% in the UK did fall, in reality, by 12 percentage points during the 1970s and by another 11 percentage points in 2005-06. Piketty made the adjustment for the changes in methodology, and found a m ...
Price Discount of Private Equity Placement and Interests
Price Discount of Private Equity Placement and Interests

... also known as non-pubic offering is defined that listed firms issue stocks to the specific objects using non-public offering. Private equity placement is an important and growing part of the worldwide capital markets, those business groups dominate privatesector industrial activity in economies such ...
Estimating the Likelihood that a U.S. Multinational Firm Has Cash
Estimating the Likelihood that a U.S. Multinational Firm Has Cash

... with trapped cash and build a model that estimates the likelihood that a firm has trapped cash. This study also complements contemporaneous work examining the location and valuation of firms’ cash holdings and foreign earnings. Campbell, Dhaliwal, Krull and Schwab (2014) find that an incremental dol ...
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Does portfolio manager ownership affect fund performance? Finnish

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General Money Market Funds
General Money Market Funds

... financial support to the fund at any time. The following are the principal risks that could reduce the fund's income level and/or share price: • Interest rate risk. This risk refers to the decline in the prices of fixed-income securities that may accompany a rise in the overall level of interest ra ...
The Adoption of IFRS in the EU and New Zealand
The Adoption of IFRS in the EU and New Zealand

... investors (similar to the Anglo-Saxon orientation). Also, group accounts in particular, which have been largely neglected prior to the implementation of the Seventh Directive in countries such as Austria, Belgium, Greece, Italy and Spain, have gradually become more recognised as a solid basis for bu ...
The Interplay Between Student Loans and Credit Cards: Implications for Default ∗
The Interplay Between Student Loans and Credit Cards: Implications for Default ∗

... college debt, credit card debt, and income of young borrowers with student loans aged 20-30 as delivered by the SCF 2004 as well as the 2-year CDR on student loans. Our results are consistent with the observed behavior in several ways: First, the incentive to default on student loans increases in c ...
2.2. Towards a sustainable industry
2.2. Towards a sustainable industry

... COMMUNICATION FROM THE COMMISSION TO THE EUROPEAN PARLIAMENT, THE COUNCIL, THE EUROPEAN ECONOMIC AND SOCIAL COMMITTEE AND THE COMMITTEE OF THE REGIONS An integrated Industrial Policy for the Globalisation Era Putting Competitiveness and Sustainability at Front Stage ...
What is financial exclusion - European Commission
What is financial exclusion - European Commission

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S0110843_en.pdf

... capital flows are now more than eight times as large as official flows. This is quite a remarkable transformation since in 1991, official flows were in excess of $700 million while private flows were at around $220 million. The increase in private flows to the Caribbean mirrors the global experience ...
The Market for Corporate Control and the Cost of Debt
The Market for Corporate Control and the Cost of Debt

... takeovers can exacerbate the expropriation of bondholder wealth. For example, management often responds to hostile takeovers by increasing leverage or paying out liquid assets; following a leveraged buyout, the amount of debt can also increase dramatically. Notably, Warga and Welch (1993) …nd that b ...
pdf
pdf

... As a result of the strategic steps we have taken since the global recession,   Ontario offers a competitive tax environment for businesses, a highly skilled  workforce and world‐class research institutions. Investors from around the world  continue to view Ontario as one of the most attractive place ...
GenOn Energy, Inc. (Form: DEFA14A, Received: 11
GenOn Energy, Inc. (Form: DEFA14A, Received: 11

... Safe Harbor In addition to historical information, the information presented in this communication includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Exchange Act. These statements involve estimates, expectations, projections, ...
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Public finance

Public finance is the study of the role of the government in the economy. It is the branch of economics which assesses the government revenue and government expenditure of the public authorities and the adjustment of one or the other to achieve desirable effects and avoid undesirable ones.The purview of public finance is considered to be threefold: governmental effects on (1) efficient allocation of resources, (2) distribution of income, and (3) macroeconomic stabilization.
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