in English - Duke CFO survey
... Business spending during the next twelve months is expected to pick up momentum again with more than half of the European CFOs anticipating increases in R&D spending (at an average growth rate of 6%), technology spending (5.8%), and marketing & advertising (5.0%). Six out of ten financial directors ...
... Business spending during the next twelve months is expected to pick up momentum again with more than half of the European CFOs anticipating increases in R&D spending (at an average growth rate of 6%), technology spending (5.8%), and marketing & advertising (5.0%). Six out of ten financial directors ...
Slide 1
... “Forced divestment of equity ownership of a foreign direct investor” (Minor 1994) Peaked in the mid-70s; almost nil now Mostly Africa till 1980, then Latin America Declined since: - Key sectors already nationalized - Economic need = > privatization - Regulate rather than expropriate Many hosts have ...
... “Forced divestment of equity ownership of a foreign direct investor” (Minor 1994) Peaked in the mid-70s; almost nil now Mostly Africa till 1980, then Latin America Declined since: - Key sectors already nationalized - Economic need = > privatization - Regulate rather than expropriate Many hosts have ...
Leveraged Bubbles
... skeptic might well ask: Isn’t this new consensus just as detached from evidence-based macroeconomics as the last one? Isn’t more empirical work needed before we rush to embrace another approach? Sadly, as of now, if one seeks statistically powerful inference based on data from large samples, then o ...
... skeptic might well ask: Isn’t this new consensus just as detached from evidence-based macroeconomics as the last one? Isn’t more empirical work needed before we rush to embrace another approach? Sadly, as of now, if one seeks statistically powerful inference based on data from large samples, then o ...
(2008-2015Q2) (Comparison With Great Depression)
... From among different works of research explaining reasons of the GD; some have emphasized banking panic effects, some stock market crash of 1929, and others adoption of the gold standard. As stated above, among the relevant work “A Monetary History of the United States, 18671960” of Friedman and Sch ...
... From among different works of research explaining reasons of the GD; some have emphasized banking panic effects, some stock market crash of 1929, and others adoption of the gold standard. As stated above, among the relevant work “A Monetary History of the United States, 18671960” of Friedman and Sch ...
Multidimensional character of globalisation
... outlines that putting domestic reforms into a regional framework ought to result in gaining "additional leverage" regarding domestic opposition, "because its [government's] economic course will no longer be solely a matter of national responsibility but will be part of a binding multilateral commitm ...
... outlines that putting domestic reforms into a regional framework ought to result in gaining "additional leverage" regarding domestic opposition, "because its [government's] economic course will no longer be solely a matter of national responsibility but will be part of a binding multilateral commitm ...
Leveraged Bubbles
... price index (CPI), remained stable from 1870 until the middle of the 20th century after which they rose substantially, as Figure 2 shows. Figure 2 also demonstrates that there are large swings in real house prices. Periods of pronounced increases are often followed by abrupt corrections, as Knoll (2 ...
... price index (CPI), remained stable from 1870 until the middle of the 20th century after which they rose substantially, as Figure 2 shows. Figure 2 also demonstrates that there are large swings in real house prices. Periods of pronounced increases are often followed by abrupt corrections, as Knoll (2 ...
THIS SYLLABUS IS FOR USE DURING THE FIRST DAY OF CLASS.... THE SYLLABUS ON BLACKBOARD. IT IS THE OFFICIAL SYLLABUS.
... Nick DeMassi grades all Heilbroner assignments. You have the right to petition grading on any homework assignment. Protocol for submitting petitions will be discussed in class Homework is due on the day assigned and is submitted only as an attachment via the ...
... Nick DeMassi grades all Heilbroner assignments. You have the right to petition grading on any homework assignment. Protocol for submitting petitions will be discussed in class Homework is due on the day assigned and is submitted only as an attachment via the ...
Crises in Asia or Crisis of Globalisation? Heribert Dieter November 1998
... markets, but for the economy of a country this collective behaviour may result in a risky situation. It is interesting to note the comments Stanley Fischer made on that issue before he became Deputy Managing Director of the IMF: "... domestic firms should not be given unrestricted access to foreign ...
... markets, but for the economy of a country this collective behaviour may result in a risky situation. It is interesting to note the comments Stanley Fischer made on that issue before he became Deputy Managing Director of the IMF: "... domestic firms should not be given unrestricted access to foreign ...
Asset Price Bubble in Japan in the 1980s: Lessons for Financial and
... The bursting of the asset price bubble not only triggered the materialization of adverse effects but also amplified them as time passed, thereby making such structural adjustment more difficult. This incomplete economic adjustment to major changes in a relative price system resulted in the downward ...
... The bursting of the asset price bubble not only triggered the materialization of adverse effects but also amplified them as time passed, thereby making such structural adjustment more difficult. This incomplete economic adjustment to major changes in a relative price system resulted in the downward ...
Policy Trade-offs for Unprecedented Times: Confronting the Global
... 1. Strengthen the role of multilateral institutions. Multilateral support will be vital under precarious access to credit markets. 2. Move away from short-term financing. Multilaterals should avoid short-term emergency financing and only consider medium to long-term financing in order to partially “ ...
... 1. Strengthen the role of multilateral institutions. Multilateral support will be vital under precarious access to credit markets. 2. Move away from short-term financing. Multilaterals should avoid short-term emergency financing and only consider medium to long-term financing in order to partially “ ...
Economic Strategies For Sustainability
... analysis practiced by academically certified economists ("The Economy"). This inversion of economics is the foundation of a strategy of sustainability and a preoccupation of this essay. Simply put, economics has a place, and economics must be put in its place. So, what is that place? How can we prop ...
... analysis practiced by academically certified economists ("The Economy"). This inversion of economics is the foundation of a strategy of sustainability and a preoccupation of this essay. Simply put, economics has a place, and economics must be put in its place. So, what is that place? How can we prop ...
Coyote Economist News from the CSUSB Department of Economics
... in the Social and Behvioral Sciences Building. While his office hours are MWF 9:30-10:30 a.m., he is also available in the afternoons of MWF (unless he’s been forced to attend a meeting!). ...
... in the Social and Behvioral Sciences Building. While his office hours are MWF 9:30-10:30 a.m., he is also available in the afternoons of MWF (unless he’s been forced to attend a meeting!). ...
Seventh Edition
... they interact in markets. • Macroeconomics is the study of economywide phenomena, including inflation, unemployment, and economic growth. • These two branches of economics are closely intertwined, yet distinct—they address different questions. ...
... they interact in markets. • Macroeconomics is the study of economywide phenomena, including inflation, unemployment, and economic growth. • These two branches of economics are closely intertwined, yet distinct—they address different questions. ...
Systemic Challenges in the International Monetary System
... unstable as private capital flows are subject to global However, contrary to these expectations, the financial cycles driven by push factors, such as finanpost-Bretton Woods era has seen recurrent and cial investors’ search for higher yields, their capacity significant exchange-rate swings, large pa ...
... unstable as private capital flows are subject to global However, contrary to these expectations, the financial cycles driven by push factors, such as finanpost-Bretton Woods era has seen recurrent and cial investors’ search for higher yields, their capacity significant exchange-rate swings, large pa ...
Are emerging markets still built on the BRICS?
... Index (except the United Arab Emirates, for a lack of return history). The period covered begins in 1970, with the starting point for each country depending on the availability of both returns and GDP data. (Most developed markets have data from 1970 onward, and most emerging markets have data from ...
... Index (except the United Arab Emirates, for a lack of return history). The period covered begins in 1970, with the starting point for each country depending on the availability of both returns and GDP data. (Most developed markets have data from 1970 onward, and most emerging markets have data from ...
G20 Leaders Declaration - Council of the European Union
... promoting stronger growth, we will generate significant positive effects on development and poverty reduction across the globe. Supporting economic stabilization and the global recovery 10. Strong, sustainable and balanced growth remains the top priority of the G20, as it leads to higher job creati ...
... promoting stronger growth, we will generate significant positive effects on development and poverty reduction across the globe. Supporting economic stabilization and the global recovery 10. Strong, sustainable and balanced growth remains the top priority of the G20, as it leads to higher job creati ...
Macroprudential Policies as Buffer Against Volatile Cross-border Capital Flows Ahmet Faruk AYSAN
... example in this regard, implementing novel market-friendly policy tools, the interest rate corridor and the reserve option mechanism, as well as loan-to-value ceilings, augmented risk weights for certain loans, among others. In this paper, using a large panel data set of 46 advanced and emerging cou ...
... example in this regard, implementing novel market-friendly policy tools, the interest rate corridor and the reserve option mechanism, as well as loan-to-value ceilings, augmented risk weights for certain loans, among others. In this paper, using a large panel data set of 46 advanced and emerging cou ...
Inequality, the financial crisis and stagnation: competing stories and
... Rajan (2010) was an early contributor to the new wave of thinking attributing a role for inequality in the financial crisis. According to him, increased income inequality in the US prompted a populist political response focused on making homeownership more affordable. This involved government interv ...
... Rajan (2010) was an early contributor to the new wave of thinking attributing a role for inequality in the financial crisis. According to him, increased income inequality in the US prompted a populist political response focused on making homeownership more affordable. This involved government interv ...
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... the rich who knew they were coming and were likely to maintain their spending. After all, the federal discretionary spending cuts entailed, for 2013, a reduction of only 0.6 percent of GDP. After all, federal discretionary spending had been cut by 1 percent of GDP between 2011 and 2012 without killi ...
... the rich who knew they were coming and were likely to maintain their spending. After all, the federal discretionary spending cuts entailed, for 2013, a reduction of only 0.6 percent of GDP. After all, federal discretionary spending had been cut by 1 percent of GDP between 2011 and 2012 without killi ...
Preface for the Student
... Religion is the oldest and, arguably, the most influential institution in the world—be it Christianity, Islam, Judaism, Buddhism, Hinduism, or any of the many other religions in the world. Modern science, of which economics is a part, emphasizes the rational elements of thought. It attempts to separ ...
... Religion is the oldest and, arguably, the most influential institution in the world—be it Christianity, Islam, Judaism, Buddhism, Hinduism, or any of the many other religions in the world. Modern science, of which economics is a part, emphasizes the rational elements of thought. It attempts to separ ...
The Keynesian-Monetarist Controversy
... In terms of the growth path, Keynesian theory suggests that oil-importing countries will move to a new lower growth path of income than would otherwise follow had the oil price change not occurred. Monetarist theory implies that income in these countries may deviate from its original growth path dow ...
... In terms of the growth path, Keynesian theory suggests that oil-importing countries will move to a new lower growth path of income than would otherwise follow had the oil price change not occurred. Monetarist theory implies that income in these countries may deviate from its original growth path dow ...
The Chaebols in South Korea - Thomas White International
... Cooperation and Development (OECD) membership, which it later gained in 1996. This policy encouraged a rapid mushrooming of financial institutions, which increasingly engaged in mobilizing foreign-currency denominated loans for the chaebol-dominated corporate sector. While financial sector liberaliz ...
... Cooperation and Development (OECD) membership, which it later gained in 1996. This policy encouraged a rapid mushrooming of financial institutions, which increasingly engaged in mobilizing foreign-currency denominated loans for the chaebol-dominated corporate sector. While financial sector liberaliz ...
The success of the euro has shown the world the value of modern
... For more information, see the website, www.singleglobalcurrency.org, and/or the book, "The Single Global Currency - Common Cents for the World." The Single Global Currency may be backed by a type of reserve, such as gold or silver or other commodity or may be an entirely "fiat" currency backed by th ...
... For more information, see the website, www.singleglobalcurrency.org, and/or the book, "The Single Global Currency - Common Cents for the World." The Single Global Currency may be backed by a type of reserve, such as gold or silver or other commodity or may be an entirely "fiat" currency backed by th ...
PwC Global CEO Survey 2013: Confidence in longer-term
... Russia, India, China (BRIC economies) and Indonesia, on top of well-established US, UK, Canada, Germany and Japan,” Sira said. Indonesia — in the top ten for the first time—is the fastest of the accelerating markets with real GDP forecast to rise by 6.2% a year for the next three years. Other emergi ...
... Russia, India, China (BRIC economies) and Indonesia, on top of well-established US, UK, Canada, Germany and Japan,” Sira said. Indonesia — in the top ten for the first time—is the fastest of the accelerating markets with real GDP forecast to rise by 6.2% a year for the next three years. Other emergi ...
Shifting UK economic sands Perspectives on the next decade BUSINESS WITH CONFIDENCE icaew.com/bcm
... Despite growth, concerns remain On the economy, ICAEW Chartered Accountants are saying that the worst of the recession is over, but they are still concerned about the shape of the recovery. Since the first BCM in 2003, the UK economy has seen momentous change including the financial crisis, the rece ...
... Despite growth, concerns remain On the economy, ICAEW Chartered Accountants are saying that the worst of the recession is over, but they are still concerned about the shape of the recovery. Since the first BCM in 2003, the UK economy has seen momentous change including the financial crisis, the rece ...
Nouriel Roubini
Nouriel Roubini (born March 29, 1958) is an American economist. He teaches at New York University's Stern School of Business and is the chairman of Roubini Global Economics, an economic consultancy firm.The child of Iranian Jews, he was born in Turkey and grew up in Italy. After receiving a BA in political economics at Bocconi University, Milan and a doctorate in international economics at Harvard University, he became an academic at Yale and a practising economist at the International Monetary Fund (IMF), the Federal Reserve, World Bank, and Bank of Israel. Much of his early research focused on emerging markets. During the administration of President Bill Clinton, he was a senior economist for the Council of Economic Advisers, later moving to the United States Treasury Department as a senior adviser to Timothy Geithner, who in 2009 became Treasury Secretary.