The Case against Capital Controls Free-Trade Argument Executive Summary
... flow of capital, a tax on capital that will change the composition of investments flowing into a country. The prototype of that control was the “Tobin tax,” named after Yale University economist and Nobel laureate James Tobin, who first suggested throwing “grains of sand” into the cogs of the financ ...
... flow of capital, a tax on capital that will change the composition of investments flowing into a country. The prototype of that control was the “Tobin tax,” named after Yale University economist and Nobel laureate James Tobin, who first suggested throwing “grains of sand” into the cogs of the financ ...
Increasing intellectual capital
... knowledge economy by adopting intellectual capital framework in policy planning and evaluation? Can future Cohesion policy be based on intellectual capital? Will it help to integrate new Cohesion policy with post-Lisbon agenda? Intellectual capital as a tool to generate new strategic momentum for po ...
... knowledge economy by adopting intellectual capital framework in policy planning and evaluation? Can future Cohesion policy be based on intellectual capital? Will it help to integrate new Cohesion policy with post-Lisbon agenda? Intellectual capital as a tool to generate new strategic momentum for po ...
presentation file
... (residual regression inst. on GDPpc ) has explanatory power; the variable-specific component of GDPpc does not. • Monte Carlo simulations (fake data with characteristics of our ...
... (residual regression inst. on GDPpc ) has explanatory power; the variable-specific component of GDPpc does not. • Monte Carlo simulations (fake data with characteristics of our ...
Lecture II - Financial Policy Forum
... investment can lead to higher rates of growth and development At the same time foreign investment can expose country to disruptions originating abroad or leave country more vulnerable to disturbances from within Volatility reduces the incentives for investment and hampers the improvement in ...
... investment can lead to higher rates of growth and development At the same time foreign investment can expose country to disruptions originating abroad or leave country more vulnerable to disturbances from within Volatility reduces the incentives for investment and hampers the improvement in ...
1 New contributions of PhD dissertation
... This dissertation has systematized and clarified the theory and practice of efficient investment capital in agricultural development, lessons learned and established an analytical framework for the efficiency of investment capital in agricultural development. The dissertation has identified the tren ...
... This dissertation has systematized and clarified the theory and practice of efficient investment capital in agricultural development, lessons learned and established an analytical framework for the efficiency of investment capital in agricultural development. The dissertation has identified the tren ...
SilverArrow Supports Highest Possible Value For Rofin
... profitability; the ability of Rofin’s OEM customers to incorporate its laser products into their systems; the impact of exchange rate fluctuations, which may be significant because a substantial portion of Rofin’s operations are located in non-US countries; the level of competition an ...
... profitability; the ability of Rofin’s OEM customers to incorporate its laser products into their systems; the impact of exchange rate fluctuations, which may be significant because a substantial portion of Rofin’s operations are located in non-US countries; the level of competition an ...
Some issues for the future 2 Evolution of controls prior to
... portfolios for the foreign assets of foreign investors (incorporating measures to “lock-in” the reciprocal foreign investment) • some problems, but “… even so they achieved their basic objective of greater diversification without capital flight” Vittas (2003) • 2003: as an interim step towards prude ...
... portfolios for the foreign assets of foreign investors (incorporating measures to “lock-in” the reciprocal foreign investment) • some problems, but “… even so they achieved their basic objective of greater diversification without capital flight” Vittas (2003) • 2003: as an interim step towards prude ...
Lecture 1: Managing Capital Flows
... have played a pivotal role in the economic development of many countries An accumulation of “know-how” often takes place in the export sector, which may confer positive externalities on the rest of the economy ...
... have played a pivotal role in the economic development of many countries An accumulation of “know-how” often takes place in the export sector, which may confer positive externalities on the rest of the economy ...
Chapter 10
... Unless the firm can invest those earnings at a rate of return acceptable to the shareholders, they should be paid out as dividends. • The cost of retained earnings is the required return on the firm’s common stock (rs). ...
... Unless the firm can invest those earnings at a rate of return acceptable to the shareholders, they should be paid out as dividends. • The cost of retained earnings is the required return on the firm’s common stock (rs). ...
PRESS RELEASE
... lottery in Europe with annual wagers in excess of seven billion euros. Together with our partners, we will bring to Lotto our expertise, experience with both day-to-day and strategic management of the lottery business, and strong financial resources. The goal of the consortium is to further strength ...
... lottery in Europe with annual wagers in excess of seven billion euros. Together with our partners, we will bring to Lotto our expertise, experience with both day-to-day and strategic management of the lottery business, and strong financial resources. The goal of the consortium is to further strength ...
Lecture 23: Sustainability
... invested. If more than THR is invested, arithmetic population growth can be tolerated. If either depreciation occurs or population growth occurs at a constant rate, output per worker cannot be maintained. Renewable Resources. Renewable resources can be harvested sustainably. The optimal amount to ha ...
... invested. If more than THR is invested, arithmetic population growth can be tolerated. If either depreciation occurs or population growth occurs at a constant rate, output per worker cannot be maintained. Renewable Resources. Renewable resources can be harvested sustainably. The optimal amount to ha ...
This PDF is a selection from an out-of-print volume from... Bureau of Economic Research Volume Title: The Service Economy
... Service subsector, but that the rate of change was fairly similar between 1929 and 1960. ...
... Service subsector, but that the rate of change was fairly similar between 1929 and 1960. ...
Infrastructure Investment Trust
... To have at least 100.000.000 YTL capital (50.000.000 Euros) initially, To be established within the registered capital model, The initial capital requirement lowered down to 5.000.000 YTL if a public authority or municipality had %75 of the shares of the company, but has to reach 100.000.000 Y ...
... To have at least 100.000.000 YTL capital (50.000.000 Euros) initially, To be established within the registered capital model, The initial capital requirement lowered down to 5.000.000 YTL if a public authority or municipality had %75 of the shares of the company, but has to reach 100.000.000 Y ...
A GROUP SS7E10 The student will describe factors that influence
... SS7E10 The student will describe factors that influence economic growth and examine their presence or absence in India, China, and Japan. a. Explain the relationship between investment in human capital (education and training) and gross domestic product (GDP). b. Explain the relationship between inv ...
... SS7E10 The student will describe factors that influence economic growth and examine their presence or absence in India, China, and Japan. a. Explain the relationship between investment in human capital (education and training) and gross domestic product (GDP). b. Explain the relationship between inv ...
Ending Financial Repression in China by James A. Dorn
... RMB, and privatize state-owned banks and firms. In his view, “If China’s capital markets and its industries were normalized (through deregulation, proper implementation of the rule of law, the encouragement of private markets, and extensive private ownership), then China’s balance of payments would ...
... RMB, and privatize state-owned banks and firms. In his view, “If China’s capital markets and its industries were normalized (through deregulation, proper implementation of the rule of law, the encouragement of private markets, and extensive private ownership), then China’s balance of payments would ...
The great reversals: the politics of financial development in the 20th
... Financial development will only take place when the country’s political structure changes dramatically or when incumbents want development to take place. The healthiest industrial incumbents will tap the now open financial markets for finance. Firms that are able to compete in international markets ...
... Financial development will only take place when the country’s political structure changes dramatically or when incumbents want development to take place. The healthiest industrial incumbents will tap the now open financial markets for finance. Firms that are able to compete in international markets ...
The Pros and Cons of Capital Controls
... The view on capital controls has changed various times over the recent history. Nowadays, institutions tend to accept them as policy measure • The tendency towards free market policies led to less and less capital controls • The consequence of free capital flow was seen as beneficial for all partie ...
... The view on capital controls has changed various times over the recent history. Nowadays, institutions tend to accept them as policy measure • The tendency towards free market policies led to less and less capital controls • The consequence of free capital flow was seen as beneficial for all partie ...
the 1997-98 financial crisis in malaysia: causes, response
... monthly data could rarely capture the genesis or the abruptness of the event the authors sought to explain. Also, the difference in the quality, coverage, and periodicity of the data available for various countries detracted much from the utility of making comparisons. For the above reasons, the mat ...
... monthly data could rarely capture the genesis or the abruptness of the event the authors sought to explain. Also, the difference in the quality, coverage, and periodicity of the data available for various countries detracted much from the utility of making comparisons. For the above reasons, the mat ...
Institutions, Capital Flows and Financial Integration.
... • Major feature of the study is the use of the Economic Freedom of the World Index (EFW) • EFW index is made up of 5 component indices: size of government, legal system and property rights, sound money, freedom to trade internationally, and regulation, each of which, in turn, has anywhere from 3 to ...
... • Major feature of the study is the use of the Economic Freedom of the World Index (EFW) • EFW index is made up of 5 component indices: size of government, legal system and property rights, sound money, freedom to trade internationally, and regulation, each of which, in turn, has anywhere from 3 to ...
REO Fall 2010 - Caribbean Development Bank
... Capital controls and prudential measures should target specific risks ...
... Capital controls and prudential measures should target specific risks ...
Chapter 14 Capital and land
... • Over time, the UK economy is becoming more capital-intensive – the wage-rental ratio has increased, leading industries to substitute capital for labour – in the long run the supply of labour is less elastic than the supply of capital – new capital embodies latest technology. ...
... • Over time, the UK economy is becoming more capital-intensive – the wage-rental ratio has increased, leading industries to substitute capital for labour – in the long run the supply of labour is less elastic than the supply of capital – new capital embodies latest technology. ...
Business Cycle Theory - An Explanation of Cyclical Recessions and Depressions 06/22/2010
... We are damaging our capital structure. This is not sustainable. Our standard of living seems to be high, but our destruction of capital and savings is actually making Americans relatively poorer each year. To fully appreciate the extent of the damage caused during the boom period, it must be underst ...
... We are damaging our capital structure. This is not sustainable. Our standard of living seems to be high, but our destruction of capital and savings is actually making Americans relatively poorer each year. To fully appreciate the extent of the damage caused during the boom period, it must be underst ...
Accessing Capital
... referred to as “friends and family.” Cathedral recommends that capital from these sources be treated consistent with the practices for other sources of capital. Debt Financing – Debt financing means a loan. When business owners use debt financing, he/she will borrow money from the lending party and ...
... referred to as “friends and family.” Cathedral recommends that capital from these sources be treated consistent with the practices for other sources of capital. Debt Financing – Debt financing means a loan. When business owners use debt financing, he/she will borrow money from the lending party and ...
This PDF is a selection from a published volume from... Bureau of Economic Research
... and capital controls. This was particularly important after the debt crisis, when many controls were put in place to prevent outflows and to secure external financing. In this context, with the surge of capital flows to emerging markets in the late 1980s and early 1990s, the economy started opening ...
... and capital controls. This was particularly important after the debt crisis, when many controls were put in place to prevent outflows and to secure external financing. In this context, with the surge of capital flows to emerging markets in the late 1980s and early 1990s, the economy started opening ...
This PDF is a selection from a published volume from... National Bureau of Economic Research
... In doing this, however, they tended to follow different strategies and paths. While some countries relaxed bank lending only, other countries allowed only long-term capital movements, and yet others—such as Chile—used market-based mechanisms to slow down the rate at which capital was flowing into the ...
... In doing this, however, they tended to follow different strategies and paths. While some countries relaxed bank lending only, other countries allowed only long-term capital movements, and yet others—such as Chile—used market-based mechanisms to slow down the rate at which capital was flowing into the ...