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Chapter 20 - uob.edu.bh
Chapter 20 - uob.edu.bh

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... the economy, inflation, and interest rates over the next few years. 4. Explain fundamental economic considerations that affect decision making in personal finance. ...
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... The collapse of the sub-prime mortgage market illustrates what can happen when firms are over-zealous in their efforts to expand their product portfolio and/or market base. Faced with pressure (ironically from other firms in their sector) to increase earnings per share, financial institutions in sat ...
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“Bailouts and Financial Fragility” by Todd Keister

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- Why Was the Financial Crisis Less Enduring in Japan and Other Countries...This Time Around?

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... Under financial repression in the pre-reform period  excessive regulation and controls that undermined competition for efficiency and growth were combined with high inflation and general macroeconomic instability.  governments chronically in a fiscal crisis tended to extract rents from the private ...
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The Impact of AI and Technology on Financial Services

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Winner Determined by Information

< 1 ... 58 59 60 61 62 63 64 65 66 ... 72 >

Financial literacy

Financial literacy is the ability to understand how money works in the world: how someone manages to earn or make it, how that person manages it, how he/she invests it (turn it into more) and how that person donates it to help others. More specifically, it refers to the set of skills and knowledge that allows an individual to make informed and effective decisions with all of their financial resources. Raising interest in personal finance is now a focus of state-run programs in countries including Australia, Canada, Japan, the United States and the UK.The Organization for Economic Co-operation and Development (OECD) started an inter-governmental project in 2003 with the objective of providing ways to improve financial education and literacy standards through the development of common financial literacy principles. In March 2008, the OECD launched the International Gateway for Financial Education, which aims to serve as a clearinghouse for financial education programs, information and research worldwide. In the UK, the alternative term “financial capability” is used by the state and its agencies: the Financial Services Authority (FSA) in the UK started a national strategy on financial capability in 2003. The US Government also established its Financial Literacy and Education Commission in 2003.
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