
Capital services (cont`d)
... • The new international public sector accounting standard uses the recommended treatment and requires depreciation over useful lives • Greatest obstacle – the level of secrecy • Use the ‘rule of thumb’– for example estimate the GFCF on weapons as % of total defense budget (based on shares of similar ...
... • The new international public sector accounting standard uses the recommended treatment and requires depreciation over useful lives • Greatest obstacle – the level of secrecy • Use the ‘rule of thumb’– for example estimate the GFCF on weapons as % of total defense budget (based on shares of similar ...
Fiscal policy - National Treasury
... excise duties that they collect into a common fund. The formula to pay out from this fund is based on GDP, GDP per capita and the extent of trade with other SACU members. The structure of this arrangement has resulted in the BLNS countries becoming highly dependent on customs duties as the primary s ...
... excise duties that they collect into a common fund. The formula to pay out from this fund is based on GDP, GDP per capita and the extent of trade with other SACU members. The structure of this arrangement has resulted in the BLNS countries becoming highly dependent on customs duties as the primary s ...
3 MULTIPLE IMBALANCES AND DEVELOPMENT GAPS AS NEW ENGINES OF GROWTH
... after that year.87 In the case of East Asia, the share of net exports in GDP growth reached a peak of 25% for the 15-year period between 1993 and 2008. As East Asia grew at an annual average rate of 7.7% during that period, as much as 2 full percentage points of annual growth were accounted for by t ...
... after that year.87 In the case of East Asia, the share of net exports in GDP growth reached a peak of 25% for the 15-year period between 1993 and 2008. As East Asia grew at an annual average rate of 7.7% during that period, as much as 2 full percentage points of annual growth were accounted for by t ...
Financial Exuberance: Saving Deposits, Fiscal Deficits and Interest Rates In India
... banks varies from 200 to 400 basis points toda); implying real interest rates of I1 to I3 per cent for the best customers of the banks. They arc among the highest real interest rates in the world..If the govern2 ment tiere to free interest rates, then based on the experience of other developing coun ...
... banks varies from 200 to 400 basis points toda); implying real interest rates of I1 to I3 per cent for the best customers of the banks. They arc among the highest real interest rates in the world..If the govern2 ment tiere to free interest rates, then based on the experience of other developing coun ...
Open Macroeconomies as A Closed Economic System
... as producers, consumers, banks and government. The third paper [6] integrated real and monetary sectors that had been analyzed separately in the previous two papers; in other words, by adding central bank, five sectors of the macroeconomy were fully integrated together with a labor market. The fourth ...
... as producers, consumers, banks and government. The third paper [6] integrated real and monetary sectors that had been analyzed separately in the previous two papers; in other words, by adding central bank, five sectors of the macroeconomy were fully integrated together with a labor market. The fourth ...
Budget 2017-18 - Budget Paper No. 1 - Statement 4
... standards. This includes four well accepted measures of fiscal flows – the underlying cash balance, the headline cash balance, the net operating balance and the fiscal balance. All these measures convey important information about the strength and sustainability of the public finances and the impact ...
... standards. This includes four well accepted measures of fiscal flows – the underlying cash balance, the headline cash balance, the net operating balance and the fiscal balance. All these measures convey important information about the strength and sustainability of the public finances and the impact ...
Financialisation and the financial and economic crises: Theoretical
... studies on wealth-based and debt-financed consumption, with a focus on the US. 4. The liberalisation of international capital markets and capital accounts has allowed for rising current account imbalances at the global, but also at the regional levels, in particular within the Euro area, as has been ...
... studies on wealth-based and debt-financed consumption, with a focus on the US. 4. The liberalisation of international capital markets and capital accounts has allowed for rising current account imbalances at the global, but also at the regional levels, in particular within the Euro area, as has been ...
The Growth of Multinational Banking, the Eur.,..currency Market and
... undoubtedly they did much to expand offshore US banking. As one observer summarised: 'The American attempt to stop the export of capital'in the nineteen sixties led to the export of the American banking system instead' . The main centre of transnational banking activity has been - and to a lesser ex ...
... undoubtedly they did much to expand offshore US banking. As one observer summarised: 'The American attempt to stop the export of capital'in the nineteen sixties led to the export of the American banking system instead' . The main centre of transnational banking activity has been - and to a lesser ex ...
031909a
... In Africa and the Middle East, growth is also projected to slow, but more modestly than in other regions. In Africa, growth is expected to moderate particularly in commodity exporting countries, and several countries are experiencing reduced demand for their exports, lower remittances, and foreign d ...
... In Africa and the Middle East, growth is also projected to slow, but more modestly than in other regions. In Africa, growth is expected to moderate particularly in commodity exporting countries, and several countries are experiencing reduced demand for their exports, lower remittances, and foreign d ...
André Lemelin, INRS-Urbanisation
... market for international debt securities, as determined by portfolio managers’ optimizing behavior. Each country is a single agent, owning a portfolio of assets which constitutes its net wealth. Wealth consists of financial wealth and physical assets (ownership titles to productive capital or claims ...
... market for international debt securities, as determined by portfolio managers’ optimizing behavior. Each country is a single agent, owning a portfolio of assets which constitutes its net wealth. Wealth consists of financial wealth and physical assets (ownership titles to productive capital or claims ...
- RWI Essen
... In each of the four programmes, financial assistance has been provided and promised against the commitment of each country to fulfil certain economic policy conditions contained in the macroeconomic adjustment programme. This usually involves an agreed path of fiscal consolidation, governance measur ...
... In each of the four programmes, financial assistance has been provided and promised against the commitment of each country to fulfil certain economic policy conditions contained in the macroeconomic adjustment programme. This usually involves an agreed path of fiscal consolidation, governance measur ...
This work is licensed under a Creative Commons Atiribiiiion-NonCommercial- NoDerivs 3.0 Licence.
... infant industry cases, terms of trade effects and the interdependence of investment decisions. Such a more rational system could be based on a combination of a uniform tariff, a domestic value added tax system, and direct subsidies. It would be not only self-financing, but also far easier to adminis ...
... infant industry cases, terms of trade effects and the interdependence of investment decisions. Such a more rational system could be based on a combination of a uniform tariff, a domestic value added tax system, and direct subsidies. It would be not only self-financing, but also far easier to adminis ...
This PDF is a selection from an out-of-print volume from... of Economic Research Volume Title: Taxing Multinational Corporations
... after-tax return to the firm is the same abroad and at home. Because the aftertax return abroad is the total return to the United States while the pretax return on domestic investment is the total return to the United States, the U.S. national return on the last dollar of outbound FDI is less than t ...
... after-tax return to the firm is the same abroad and at home. Because the aftertax return abroad is the total return to the United States while the pretax return on domestic investment is the total return to the United States, the U.S. national return on the last dollar of outbound FDI is less than t ...
Terms of Trade - uwcmaastricht-econ
... commodities experience long-term trends in one direction or wide and abrupt fluctuations over short periods of time, effects are felt more strongly. ...
... commodities experience long-term trends in one direction or wide and abrupt fluctuations over short periods of time, effects are felt more strongly. ...
The Global Financial Crisis and the Developing World
... in the financial globalization process. Consequently, many of them have opted to hold large amounts of international reserves for self-insurance purposes, far in excess of any shortfalls foreseen as a result of current account transactions (Kaltenbrunner and Nissanke, 2009; Jeanne, 2007; Miller and ...
... in the financial globalization process. Consequently, many of them have opted to hold large amounts of international reserves for self-insurance purposes, far in excess of any shortfalls foreseen as a result of current account transactions (Kaltenbrunner and Nissanke, 2009; Jeanne, 2007; Miller and ...
The Troubled Dollar - Beck-Shop
... firms Lehman Brothers and Merrill Lynch. After dumping their tanking stocks, the stampeding investors — like others before them — began plowing billions of dollars into U.S. Treasury securities.1 Once again the dollar had proved to be a safe harbor in a financial storm. It was a notable, if perhaps ...
... firms Lehman Brothers and Merrill Lynch. After dumping their tanking stocks, the stampeding investors — like others before them — began plowing billions of dollars into U.S. Treasury securities.1 Once again the dollar had proved to be a safe harbor in a financial storm. It was a notable, if perhaps ...
sample papers economics with solution
... produce, and not what it actually produces. Slow down by reducing demand for exports, may ultimately bring down output. Assuming that the country‟s actual production is somewhere on the PPF, Slowdown may result in the country producing at a point somewhere below the PPF. ...
... produce, and not what it actually produces. Slow down by reducing demand for exports, may ultimately bring down output. Assuming that the country‟s actual production is somewhere on the PPF, Slowdown may result in the country producing at a point somewhere below the PPF. ...
CHAPTER 1
... a. lending institutions and people wanted a share of the "action." b. dividends paid equity holders are tax deductible. c. dividends are paid out of after-tax earnings. d. United States tax laws were biased toward debt and away from equity. ANSWER: d 52. Business spending on new plant and equipment ...
... a. lending institutions and people wanted a share of the "action." b. dividends paid equity holders are tax deductible. c. dividends are paid out of after-tax earnings. d. United States tax laws were biased toward debt and away from equity. ANSWER: d 52. Business spending on new plant and equipment ...
Capital Structure Composition and Solvency
... Earnings Coverage Interpreting Earnings Coverage – Earnings coverage measures provide insight into the ability of a company to meet its fixed charges – High correlation between earnings-coverage measures and default rate on debt – Earnings variability and persistence is important – Use earnings befo ...
... Earnings Coverage Interpreting Earnings Coverage – Earnings coverage measures provide insight into the ability of a company to meet its fixed charges – High correlation between earnings-coverage measures and default rate on debt – Earnings variability and persistence is important – Use earnings befo ...
McGraw-Hill/Irwin - McGraw Hill Higher Education
... Deficits and surpluses are flow concepts, defined for a period of time. The U.S. Treasury must sell new bonds to pay for a deficit and refinance previously issued bonds as they come ...
... Deficits and surpluses are flow concepts, defined for a period of time. The U.S. Treasury must sell new bonds to pay for a deficit and refinance previously issued bonds as they come ...
The Euro`s Challenge to the Dollar
... The question arises: If any of the N currencies can be the vehicle currency, how does any one currency get selected? In the international arena, there is no government to decree what should be international money (as in the domestic context). Instead, a myriad of private traders and market participa ...
... The question arises: If any of the N currencies can be the vehicle currency, how does any one currency get selected? In the international arena, there is no government to decree what should be international money (as in the domestic context). Instead, a myriad of private traders and market participa ...
Switzerland - Swiss National Bank
... followed by major crises. This pattern has been observed on numerous occasions across several countries. In Switzerland, the banking crisis of the 1990s followed a build-up phase during which credit growth was high by historical standards – in particular when compared to economic activity. This led ...
... followed by major crises. This pattern has been observed on numerous occasions across several countries. In Switzerland, the banking crisis of the 1990s followed a build-up phase during which credit growth was high by historical standards – in particular when compared to economic activity. This led ...
When the North Last Headed South
... expands. If, as in the U.S. case in 1933, short-term interest rates are near the zero bound, this amounts to unconventional monetary policy. Second, if other countries remain at an unchanged gold parity (or devalue by less than the home country), the exports of the home country become priced more co ...
... expands. If, as in the U.S. case in 1933, short-term interest rates are near the zero bound, this amounts to unconventional monetary policy. Second, if other countries remain at an unchanged gold parity (or devalue by less than the home country), the exports of the home country become priced more co ...
Monetary policy in the euro area`s neighbouring countries
... neighbouring countries. I will focus not just on Switzerland, but also on other small open economies, and in doing so, illustrate our experiences – both shared and divergent – since the onset of the financial crisis in 2008. Besides Switzerland, I will also be looking at the Czech Republic, Sweden a ...
... neighbouring countries. I will focus not just on Switzerland, but also on other small open economies, and in doing so, illustrate our experiences – both shared and divergent – since the onset of the financial crisis in 2008. Besides Switzerland, I will also be looking at the Czech Republic, Sweden a ...