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Managing Short-Term Capital Flows in New Central Banking
Managing Short-Term Capital Flows in New Central Banking

Recent Accounting Pronouncements — Not Yet Adopted
Recent Accounting Pronouncements — Not Yet Adopted

... at fair value with changes in fair value recognized through net income (other than those accounted for under equity method of accounting or those that result in consolidation of the investee). The amendments also require an entity to present separately in other comprehensive income the portion of th ...
Structural Reforms in the Financial & Corporate Sectors Progress
Structural Reforms in the Financial & Corporate Sectors Progress

... banking system- is excessively short-term oriented and held by chaebols through ownership and management controls. Are their allocation processes transparent? • Are corporate governance reforms being adopted uniformly? Is there enough transparency in most firms? KERI, Han Kook Ilbo Seminar ...
the case for real return investing
the case for real return investing

... 1. Source: Morningstar Research, “Objectives-Based Investing – The Australian Landscape”, June 2016. 2. Source: Zenith Multi Sector Report, 2014. 3. Chart 1 Morningstar Multi-Sector Growth Index, Data as at 31 December 2016. 4. Chart 2 - Perpetual, Data as at 31 December 2016. 5. Chart 3 - Source: L ...
CONDITIONAL TAIL VARIANCE AND
CONDITIONAL TAIL VARIANCE AND

... the underlying  distribution. Suppose  we  have a data set C  of stock price  in past several  years  and  we  assume the stock price follows lognormal distribution. Then we may compare the estimates of CTV and  CTS computed from this data set with the CTV and CTS computed using Monte Carlo simulati ...
Financial structure and economic growth in Nigeria
Financial structure and economic growth in Nigeria

FINO - International Finance Corporation
FINO - International Finance Corporation

... Today, they are used by the government to transfer payments under the National Rural Employment Guarantee Act and to administer health insurance under the government’s health insurance program for people below the poverty line. Other services include a remittance solution which enables individuals t ...
Internal Audits Role in Annual Report Preperation
Internal Audits Role in Annual Report Preperation

... RM framework has been established by NT Prudent RM to be achieve objectives The RM Committee roles and responsibility is established in RM framework Management responsibilities for risk ownership and management Risks must be assessed on a regular basis Risk management plans must be regularly assesse ...
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ISSUE BRIEF - Partnership for New York City

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Growth and Productivity: the role of Government Debt

... high fiscal cost of the measures taken to contain the fallout from the credit crisis. These developments have been followed by a sovereign debt crisis, which started from Greece in autumn 2009 and gradually engulfed the whole of the European Economic and Monetary Union (EMU), particularly the so-cal ...
Energy Transition Law - 2 Degrees Investing Initiative
Energy Transition Law - 2 Degrees Investing Initiative

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MFS MERIDIAN ® FUNDS ― GLOBAL - fund

... vary in response to changes in the credit quality of underlying mortgages and the timing of payment of principal and interest. Emerging Markets Risk: Emerging markets can be more volatile and less liquid than more developed markets. Currency Risk: Changes in currency rates can significantly affect t ...
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Small open economies in the vast ocean of global high finance

... 1. The table shows the development of each variable compared to its long‐term trend for the five years in the run‐up to and in the aftermath of a financial crisis (starting in 2008). The long‐term trend is estimated for 1870‐2013 using the Hodrick‐Prescott filter with a smoothing parameter equal to ...
INTERNATIONAL TRADE IN SERVICES Concepts 2
INTERNATIONAL TRADE IN SERVICES Concepts 2

...  Actual interest payable by borrowers is partitioned between a pure interest charge at the reference rate (in primary income) and FISIM (a service).  Similarly, pure interest receivable by depositors is calculated by applying the reference rate to depositors, and depositors are shown as consuming ...
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developing expected return and risk assumptions

... wide spectrum of leading investment practitioners, including ourselves. One conclusion is that, since the mean-variance approach is a single-horizon model, it is limited in its applicability to measuring risk within an investment horizon, particularly if correlations between asset classes are non-co ...
International Accounting Standard 29
International Accounting Standard 29

... the currencies of hyperinflationary economies. The financial statements of any such subsidiary need to be restated by applying a general price index of the country in whose currency it reports before they are included in the consolidated financial statements issued by its parent. Where such a subsid ...
An Assessment of APT`s Performance on Portfolios
An Assessment of APT`s Performance on Portfolios

... Martinez and Rubio (1989) also analysed the Spanish stock market by using the same macroeconomic variables and they did not find any significant relationship between stock returns and the selected factors. They both stated that there are other variables that affect stock returns and they even questi ...
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Australian Debt Sale Market Overview

... The debt sale market continues to see growing volumes of debt as new issuers and industries adopt debt sale. To absorb the increasing volumes, we can expect to see one of the following three scenarios to occur (or a combination of scenarios): ...
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Who Regulates Whom and How? An Overview of U.S. Financial

... repercussions for individual constituents, the financing of firms and governments, and long-run economic growth. This report provides a framework to help answer the question, “who regulates whom in U.S. financial markets, and how?” At the federal level, the answer often depends on first identifying ...
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The development of the risky financial behavior scale: A measure of

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So, you*re on the board of directors!

... Accurate Financial History History repeats itself unless those shaping the future know the history and how to avoid a repeat Absent zero-based budgeting, history is the best forecaster of expenses such as utilities History shows that inflation is a factor that must be considered in future project ...
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Mid-Caps_An_Overlooked_Asset_Class - Updated through 12-31-13

... specialty companies operating in specific niches and can be less dependent on overall economic growth. These factors allow mid-cap stocks to fluctuate more on their own fundamentals than their large-cap brethren. It also appears clear that since, in general, mid-cap stocks are followed by fewer anal ...
guide to absolute return investing
guide to absolute return investing

... CONCLUSION Absolute return investing has many potential advantages, including the potential to deliver stable returns in both strong and weak markets. Absolute return funds can meet a range of investor needs and goals. Depending on a fund’s individual objective and approach, it could be considered ...
“Financial Markets, Institutions and Policies in the context of
“Financial Markets, Institutions and Policies in the context of

... service that financial markets provides to the real economy, namely managing risks, avoiding high losses, and allowing smoother operations. Conversely, it is also true that, since higher risks leads to higher profits, so if someone is not averse to risk, they will accept the possibility to lose you ...
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Systemic risk

In finance, systemic risk is the risk of collapse of an entire financial system or entire market, as opposed to risk associated with any one individual entity, group or component of a system, that can be contained therein without harming the entire system. It can be defined as ""financial system instability, potentially catastrophic, caused or exacerbated by idiosyncratic events or conditions in financial intermediaries"". It refers to the risks imposed by interlinkages and interdependencies in a system or market, where the failure of a single entity or cluster of entities can cause a cascading failure, which could potentially bankrupt or bring down the entire system or market. It is also sometimes erroneously referred to as ""systematic risk"".
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