money runs - Giorgia Piacentino
... When debt fails to circulate it is redeemed on demand in a bank run, or “money run.” Such runs were common in the nineteenth century US, when depositors ran on banks after “the bank note that passed freely yesterday was rejected this morning” (Treasury Secretary Howell Cobb (1858), quoted in Gorton ...
... When debt fails to circulate it is redeemed on demand in a bank run, or “money run.” Such runs were common in the nineteenth century US, when depositors ran on banks after “the bank note that passed freely yesterday was rejected this morning” (Treasury Secretary Howell Cobb (1858), quoted in Gorton ...
Why Do Countries Use Capital Controls?
... payments factors is found to be fragile possibly reflecting the limited effectiveness of the controls and the negative impact they have on international investor sentiment. O These results also point to the need to undertake a more detailed simultaneous equation analysis when assessing the relations ...
... payments factors is found to be fragile possibly reflecting the limited effectiveness of the controls and the negative impact they have on international investor sentiment. O These results also point to the need to undertake a more detailed simultaneous equation analysis when assessing the relations ...
Makassar, a City of World (Makassar) Irwansyah Sukarana
... tendered his resignation on 6 January 2014. The Board of Commissioners would like to take this opportunity to thank Ali Yong for his long years of services and contribution to Danamon. ...
... tendered his resignation on 6 January 2014. The Board of Commissioners would like to take this opportunity to thank Ali Yong for his long years of services and contribution to Danamon. ...
Costs of sovereign default
... deficit (of over 2% of GDP). Although annual inflation was rapid in some cases, for example over 50% in Indonesia and Ecuador, it was negative or low in others, such as Argentina and Uruguay. Nearly all recent debt crises, however, have been associated with a banking and/or currency crisis.(3) Table ...
... deficit (of over 2% of GDP). Although annual inflation was rapid in some cases, for example over 50% in Indonesia and Ecuador, it was negative or low in others, such as Argentina and Uruguay. Nearly all recent debt crises, however, have been associated with a banking and/or currency crisis.(3) Table ...
Document
... In 1994, doubts about Mexico's political stability and questions about the government's willingness to stick to its reform policies made foreign investors uneasy Investors began selling off Mexican assets and not renewing loans The loss of capital inflows forced Mexico to reduce its current acc ...
... In 1994, doubts about Mexico's political stability and questions about the government's willingness to stick to its reform policies made foreign investors uneasy Investors began selling off Mexican assets and not renewing loans The loss of capital inflows forced Mexico to reduce its current acc ...
Credit Rating Agencies` Decisions and ISDA`s Credit Events
... nonnegotiable) and the variable (the “Schedule”) part (which is negotiable between the counterparties). Some key negotiation points are: the currency, the payment threshold (“Threshold Amount”), the minimum credit guarantees transfer amount (“Minimum Transfer Amount”), etc. As Harding et al. (2002) ...
... nonnegotiable) and the variable (the “Schedule”) part (which is negotiable between the counterparties). Some key negotiation points are: the currency, the payment threshold (“Threshold Amount”), the minimum credit guarantees transfer amount (“Minimum Transfer Amount”), etc. As Harding et al. (2002) ...
Return on Capital Employed – ROCE
... Consider two companies, A and B, which operate in the same industry sector. A has EBIT of INR 50 crores on sales of INR 1000 crores in a given year, while B has EBIT of INR 75 crores on sales of INR 1000 crores in the same year. On the face, it may appear that B should be the superior investment, si ...
... Consider two companies, A and B, which operate in the same industry sector. A has EBIT of INR 50 crores on sales of INR 1000 crores in a given year, while B has EBIT of INR 75 crores on sales of INR 1000 crores in the same year. On the face, it may appear that B should be the superior investment, si ...
Two investment solutions for CTL forestry machines
... sell the machine too early you might end up with high financial costs, if you sell to late you might end up with a machine that causes a lot of unwanted downtime and costs. This thesis’ aim is therefore to examine, with the help of a questionnaire and mathematical calculation, if it is more profitab ...
... sell the machine too early you might end up with high financial costs, if you sell to late you might end up with a machine that causes a lot of unwanted downtime and costs. This thesis’ aim is therefore to examine, with the help of a questionnaire and mathematical calculation, if it is more profitab ...
Investments in rental apartments
... a considerable deficit of small and affordable apartments. In the metropolitan area around Malmoe, nine out of twelve municipalities perceive a situation of housing shortage. Some of the municipalities, fo ...
... a considerable deficit of small and affordable apartments. In the metropolitan area around Malmoe, nine out of twelve municipalities perceive a situation of housing shortage. Some of the municipalities, fo ...
Financial Services Technology Trends: Global Update
... Key Points: New Scale Economics The current global economic environment has driven significant merger/consolidation activities in the financial services sector. As a consequence, enterprises of new scale are being created. The largest of these organizations will have access to information techn ...
... Key Points: New Scale Economics The current global economic environment has driven significant merger/consolidation activities in the financial services sector. As a consequence, enterprises of new scale are being created. The largest of these organizations will have access to information techn ...
Consumer Discretionary and Technology were April`s top performing
... information provided by S&P Dow Jones Indices is impersonal and not tailored to the needs of any person, entity or group of persons. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties. Past performance of an index is not a guarantee of future result ...
... information provided by S&P Dow Jones Indices is impersonal and not tailored to the needs of any person, entity or group of persons. S&P Dow Jones Indices receives compensation in connection with licensing its indices to third parties. Past performance of an index is not a guarantee of future result ...
Judge Information Gaps 9.17.15
... The structural analysis that underlies this paper’s two claims also helps to explain why the debate over shadow banking has been so contentious and unproductive thus far. Because of the historical separation between the capital markets and banks as providers of financing and the different assumption ...
... The structural analysis that underlies this paper’s two claims also helps to explain why the debate over shadow banking has been so contentious and unproductive thus far. Because of the historical separation between the capital markets and banks as providers of financing and the different assumption ...
Infrastructure, the crisis, and pension funds
... One is the response to climate change, which requires a range of measures. These include investment in renewable energy sources to shift the balance of primary fuels away from hydrocarbons such as coal and gas; investment in energy efficiency and building insulation; and investment in public transpo ...
... One is the response to climate change, which requires a range of measures. These include investment in renewable energy sources to shift the balance of primary fuels away from hydrocarbons such as coal and gas; investment in energy efficiency and building insulation; and investment in public transpo ...
Balance of payments, net foreign assets and foreign exchange
... coming years, as labour market pressures intensify. Competitiveness problems cannot be structural in nature, since the economy will adapt over time, although it may take time. THE TAX SYSTEM, DEMOGRAPHICS AND LABOUR MARKET PENSIONS HAVE INCREASED PRIVATE SECTOR SAVINGS The current account surplus is ...
... coming years, as labour market pressures intensify. Competitiveness problems cannot be structural in nature, since the economy will adapt over time, although it may take time. THE TAX SYSTEM, DEMOGRAPHICS AND LABOUR MARKET PENSIONS HAVE INCREASED PRIVATE SECTOR SAVINGS The current account surplus is ...
Investment Strategy for India
... 1. The creation of National Thrust Areas – where the Government removes all impediments and provides special incentives for a pre-determined time period in order to achieve a specified growth. These could include Tourism, Power, Textiles and Agro-processing. 2. The hosting of Mega Events which will ...
... 1. The creation of National Thrust Areas – where the Government removes all impediments and provides special incentives for a pre-determined time period in order to achieve a specified growth. These could include Tourism, Power, Textiles and Agro-processing. 2. The hosting of Mega Events which will ...
Operating Conditions Applicable to the Firm
... cannot be ascertained, the method of calculating that amount is clearly disclosed to the investors in the AIF in a manner that is comprehensive, accurate and understandable, prior to the provision of the relevant service; (2) the payment of the fee or commission, or the provision of the non-monetary ...
... cannot be ascertained, the method of calculating that amount is clearly disclosed to the investors in the AIF in a manner that is comprehensive, accurate and understandable, prior to the provision of the relevant service; (2) the payment of the fee or commission, or the provision of the non-monetary ...
Parliamentary Commission on Banking Standards
... The financial crisis, and multiple conduct failures, have exposed serious flaws in governance. Potemkin villages were created in firms, giving the appearance of effective control and oversight without the reality. Non-executive directors lacked the capacity or incentives to challenge the executives. ...
... The financial crisis, and multiple conduct failures, have exposed serious flaws in governance. Potemkin villages were created in firms, giving the appearance of effective control and oversight without the reality. Non-executive directors lacked the capacity or incentives to challenge the executives. ...
Assets
... equity shareholders who seek abnormal returns; Taxpayers will not be at risk. Financial institutions will no longer be capable of privatizing profit and socializing losses.” Quoted in “Greenspan Defends Legacy, Urges ...
... equity shareholders who seek abnormal returns; Taxpayers will not be at risk. Financial institutions will no longer be capable of privatizing profit and socializing losses.” Quoted in “Greenspan Defends Legacy, Urges ...
Our Brave New World
... letters, the surgeon should hire a secretary to do all of his typing, thereby freeing as much time as possible to cut flesh. This argument is of course most often applied to free trade (i.e., if France is good at producing wine and Senegal is good at producing world-class football players, then Fran ...
... letters, the surgeon should hire a secretary to do all of his typing, thereby freeing as much time as possible to cut flesh. This argument is of course most often applied to free trade (i.e., if France is good at producing wine and Senegal is good at producing world-class football players, then Fran ...
Baltic Macro Outlook 2016 Q3
... Source: European Commission, Danske Bank Markets Note: Profit is gross operating surplus, as calculated in the framework of national accounts (which roughly corresponds to EBITDA), minus direct taxes. This figure also includes profits accrued in the shadow economy. ...
... Source: European Commission, Danske Bank Markets Note: Profit is gross operating surplus, as calculated in the framework of national accounts (which roughly corresponds to EBITDA), minus direct taxes. This figure also includes profits accrued in the shadow economy. ...
Impairment of Assets
... The AFM promotes fair and transparent financial markets. We are the independent supervisory authority for the savings, lending, investment and insurance markets. The AFM promotes the conscientious provision of financial services to consumers and supervises the honest and efficient operation of the c ...
... The AFM promotes fair and transparent financial markets. We are the independent supervisory authority for the savings, lending, investment and insurance markets. The AFM promotes the conscientious provision of financial services to consumers and supervises the honest and efficient operation of the c ...
Land banking
Land banking is the practice of aggregating parcels of land for future sale or development.While in many countries land banking may refer to various private real-estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities purposed with managing an inventory of surplus land.