Subnational Capital Markets in Developing Countries
... area. Among the outputs were regional studies for Latin America, Central Europe, East Asia, and Sub-Saharan Africa, undertaken in collaboration with major universities, rating agencies, investment banks, and development banks. The findings were disseminated through seminars and workshops, internatio ...
... area. Among the outputs were regional studies for Latin America, Central Europe, East Asia, and Sub-Saharan Africa, undertaken in collaboration with major universities, rating agencies, investment banks, and development banks. The findings were disseminated through seminars and workshops, internatio ...
Balance of Payments and International Investment Position
... developing and promulgating guidelines for the compilation of consistent, sound, and timely balance of payments statistics. This work underpins the IMF’s other responsibilities, including conducting surveillance of countries’ economic policies and providing financial assistance that enables countrie ...
... developing and promulgating guidelines for the compilation of consistent, sound, and timely balance of payments statistics. This work underpins the IMF’s other responsibilities, including conducting surveillance of countries’ economic policies and providing financial assistance that enables countrie ...
chapter one - [email protected]
... Al-Hussein Bin Talal University/Jordan for the financial support provided to achieve this work. Mohammad Al-Shboul February 2008 ...
... Al-Hussein Bin Talal University/Jordan for the financial support provided to achieve this work. Mohammad Al-Shboul February 2008 ...
Local Markets Compendium 2014
... savings pools will become more important sources of demand. Shifting these savings pools from potential to actual sources of demand requires an assessment of two factors: the ability and willingness to provide that demand. In contrast with developed markets, we find that aggregate allocations to fix ...
... savings pools will become more important sources of demand. Shifting these savings pools from potential to actual sources of demand requires an assessment of two factors: the ability and willingness to provide that demand. In contrast with developed markets, we find that aggregate allocations to fix ...
UNITED NATIONS ECONOMIC AND SOCIAL COMMISSION FOR ASIA AND THE PACIFIC
... Most Asian and Pacific economies showed surprising strength in 2002, despite continued weaknesses in the world economy. Surging intraregional trade, combined with fiscal stimulus and monetary easing, lifted regional production by approximately 5 per cent, 2 points higher than the 2001 rate, and more ...
... Most Asian and Pacific economies showed surprising strength in 2002, despite continued weaknesses in the world economy. Surging intraregional trade, combined with fiscal stimulus and monetary easing, lifted regional production by approximately 5 per cent, 2 points higher than the 2001 rate, and more ...
Filed pursuant to Rule 424(b)(3) File No. 333
... being accounted for under Chilean GAAP in a manner commonly referred to as a "pooling of interests" on a prospective basis from January 1, 2002. Under Chilean GAAP, any financial statements we issue as of or for periods ending August 1, 2002 or thereafter will reflect the combined operations of Sant ...
... being accounted for under Chilean GAAP in a manner commonly referred to as a "pooling of interests" on a prospective basis from January 1, 2002. Under Chilean GAAP, any financial statements we issue as of or for periods ending August 1, 2002 or thereafter will reflect the combined operations of Sant ...
Liquidity Crises, Liquidity Lines and Sovereign Risk December 2015
... are byproduct of hidden equilibrium selection. Related Literature. This paper builds on the quantitative endogenous sovereign default literature that follows Aguiar and Gopinath (2006) and Arellano (2008). Boz (2011) has developed on a non-defaultable debt issuances from an international financial i ...
... are byproduct of hidden equilibrium selection. Related Literature. This paper builds on the quantitative endogenous sovereign default literature that follows Aguiar and Gopinath (2006) and Arellano (2008). Boz (2011) has developed on a non-defaultable debt issuances from an international financial i ...
Handbook of German States - Erik F. Nielsen
... The spread pickup of German states bonds compared to the German sovereign has decreased significantly over the last few years. In line with the performance of German agencies, but also sub-sovereign and agency bonds in other European countries, the spread pick-up vs Bunds has reached historic lows. ...
... The spread pickup of German states bonds compared to the German sovereign has decreased significantly over the last few years. In line with the performance of German agencies, but also sub-sovereign and agency bonds in other European countries, the spread pick-up vs Bunds has reached historic lows. ...
NBER WORKING PAPER SERIES Jesús Fernández-Villaverde
... in levels. We reestimate our stochastic volatility model while allowing for this correlation and recompute the model with the new processes. Our main conclusion that changes in risk a¤ect real variables remains unchallenged. If anything, our results are reinforced by the correlation of shocks to le ...
... in levels. We reestimate our stochastic volatility model while allowing for this correlation and recompute the model with the new processes. Our main conclusion that changes in risk a¤ect real variables remains unchallenged. If anything, our results are reinforced by the correlation of shocks to le ...
StrategyCEE Q315
... the year, we have boosted our GDP forecasts for 2015 for CE countries, as well as for the main Balkan countries of Romania, Bulgaria, and Croatia. We believe that the high point in the growth cycle will occur in the second half of the year until early 2016. The situation remains difficult in Russia ...
... the year, we have boosted our GDP forecasts for 2015 for CE countries, as well as for the main Balkan countries of Romania, Bulgaria, and Croatia. We believe that the high point in the growth cycle will occur in the second half of the year until early 2016. The situation remains difficult in Russia ...
S0700277_en.pdf
... Regional overview............................................................................................................................................................. A. Highlights of recent trends in the economies of Latin America and the Caribbean .......................................... ...
... Regional overview............................................................................................................................................................. A. Highlights of recent trends in the economies of Latin America and the Caribbean .......................................... ...
2 MB
... important in dollarized economies. Foreign reserves serve not only as a domestic absorption stabilizer but also mitigate negative effects on output – they provide insurance against the risk of external loans not being rolled-over during a sudden stop and help lessen a credit crunch by providing liqu ...
... important in dollarized economies. Foreign reserves serve not only as a domestic absorption stabilizer but also mitigate negative effects on output – they provide insurance against the risk of external loans not being rolled-over during a sudden stop and help lessen a credit crunch by providing liqu ...
DENTON COUNTY FRESH WATER SUPPLY DISTRICT NO. 11
... No dealer, broker, salesman or other person has been authorized to give any information or to make any representations other than those contained in this Official Statement and, if given or made, such other information or representations must not be relied up ...
... No dealer, broker, salesman or other person has been authorized to give any information or to make any representations other than those contained in this Official Statement and, if given or made, such other information or representations must not be relied up ...
Stylized Facts for Business Cycles in Turkey Harun ALP Yusuf Soner BAŞKAYA
... new data, which will be the only dataset used in the analysis for the forthcoming periods. For the real GDP and its components in 1998:1-2009:4 period, we also analyze relationships using the new series. Our findings are summarized as follows. First, we find that general business cycle characterist ...
... new data, which will be the only dataset used in the analysis for the forthcoming periods. For the real GDP and its components in 1998:1-2009:4 period, we also analyze relationships using the new series. Our findings are summarized as follows. First, we find that general business cycle characterist ...
Citigroup HSBC Santander
... initial purchasers are not, making an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should assume that the information appearing in this offering memorandum is accurate only as of the date on the front cover of this offering memorandum and may have ...
... initial purchasers are not, making an offer to sell these securities in any jurisdiction where the offer or sale is not permitted. You should assume that the information appearing in this offering memorandum is accurate only as of the date on the front cover of this offering memorandum and may have ...
PLI Text Article
... instrument is also not a modification.18 An agreement by the holder to stay collection or temporarily waive an acceleration clause or similar default right (including such a waiver following the exercise of a right to demand payment in full) is not a modification unless and until the forbearance rem ...
... instrument is also not a modification.18 An agreement by the holder to stay collection or temporarily waive an acceleration clause or similar default right (including such a waiver following the exercise of a right to demand payment in full) is not a modification unless and until the forbearance rem ...
BBVA BANCO FRANCÉS S.A.
... pesos and prepares its Consolidated Financial Statements in conformity with the accounting rules of the Banco Central de la República Argentina (the “Central Bank” or “BCRA”) related thereto (“Argentine Banking GAAP”), which differ in some respects from generally accepted accounting principles in Ar ...
... pesos and prepares its Consolidated Financial Statements in conformity with the accounting rules of the Banco Central de la República Argentina (the “Central Bank” or “BCRA”) related thereto (“Argentine Banking GAAP”), which differ in some respects from generally accepted accounting principles in Ar ...
Argentina - Doing Business
... 8 in South Asia, as well as 32 OECD high-income economies. The indicators are used to analyze economic outcomes and identify what reforms have worked, where and why. This economy profile presents the Doing Business indicators for Argentina. To allow useful comparison, it ...
... 8 in South Asia, as well as 32 OECD high-income economies. The indicators are used to analyze economic outcomes and identify what reforms have worked, where and why. This economy profile presents the Doing Business indicators for Argentina. To allow useful comparison, it ...
COM SEC(2006)1570 EN
... 8.2.1. Respect of the reference value ....................................................................... 92 8.2.2. Recent inflation developments ....................................................................... 92 8.2.3. Underlying factors and sustainability of inflation.................. ...
... 8.2.1. Respect of the reference value ....................................................................... 92 8.2.2. Recent inflation developments ....................................................................... 92 8.2.3. Underlying factors and sustainability of inflation.................. ...
Quarterly - UniCredit Bank
... Outside CEE-EU, both Croatia and Serbia did better than expected in 2016, with growth picking up nicely – even though still lagging that in CEE-EU. Solid demand in the euro area (EA) has played a major role by boosting exports, but perhaps more important was the rebound in private consumption and in ...
... Outside CEE-EU, both Croatia and Serbia did better than expected in 2016, with growth picking up nicely – even though still lagging that in CEE-EU. Solid demand in the euro area (EA) has played a major role by boosting exports, but perhaps more important was the rebound in private consumption and in ...
2009-2010.pdf
... Sales No.: E.10.II.G.3 Copyright © United Nations, September 2010. All rights reserved Printed in Santiago, Chile Applications for the right to reproduce this work, either in whole or in part, should be sent to the Secretary of the Publications Board, United Nations Headquarters, New York, N.Y. 1001 ...
... Sales No.: E.10.II.G.3 Copyright © United Nations, September 2010. All rights reserved Printed in Santiago, Chile Applications for the right to reproduce this work, either in whole or in part, should be sent to the Secretary of the Publications Board, United Nations Headquarters, New York, N.Y. 1001 ...
S0800548_en.pdf
... B. The 1940s and 1950s: the internal and external factors affecting development in Latin America .............. 86 C. The 1960s: development becomes a more complex process ......................................................................... 88 D. The 1970s: a first attempt at modern financial i ...
... B. The 1940s and 1950s: the internal and external factors affecting development in Latin America .............. 86 C. The 1960s: development becomes a more complex process ......................................................................... 88 D. The 1970s: a first attempt at modern financial i ...
NBER WORKING PAPER SERIES AND CAPITAL STRUCTURE
... The solid line plots the monthly Baa-Aaa credit spreads over 1920/01 to 2009/02. The spreads shoot up in most recessions, most visibly during the Great Depression, the S&L crisis in the early 1980s, and the recent financial crisis in 2008. However, they do not always move in lock-step with default r ...
... The solid line plots the monthly Baa-Aaa credit spreads over 1920/01 to 2009/02. The spreads shoot up in most recessions, most visibly during the Great Depression, the S&L crisis in the early 1980s, and the recent financial crisis in 2008. However, they do not always move in lock-step with default r ...
Reaffirms 2017 Financial Targets
... Positively impacted by productivity gains, higher operating results from our joint ventures, insurance adjustments, a favorable legal settlement and favorable settlements of promotional spending accruals compared to the prior year. Higher prior-year restructuring and impairment charges increased ope ...
... Positively impacted by productivity gains, higher operating results from our joint ventures, insurance adjustments, a favorable legal settlement and favorable settlements of promotional spending accruals compared to the prior year. Higher prior-year restructuring and impairment charges increased ope ...