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Latin America and the Caribbean
Latin America and the Caribbean

EN EN Results of in-depth reviews under Regulation (EU) No 1176
EN EN Results of in-depth reviews under Regulation (EU) No 1176

... of dwellings and the inefficient use of the existing housing stock, have built up over the course of recent decades and have a macroeconomic impact mainly via increased household indebtedness. Despite some recent measures which point in the right direction, the rental market remains subject to far-r ...
Global leader in eyewear
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... Stronger and highly focused brands  Both retail and wholesale  Termination of non-strategic licenses, addition of new prestigious brands Evolution of store base worldwide driving growth  574 new openings/acquisitions, 510 store remodelings, 358 store closings  Launch of new formats Leap forward ...
Room to Move: International Financial Markets - UNC
Room to Move: International Financial Markets - UNC

... stream maintains that economic globalization heightens, rather than reduces, pressures for government intervention. Domestic groups exposed to international volatility will demand increases in social protection; the postwar association between trade openness and government size will persist.11 Anoth ...
M o n e t a r y  ... Contents 1 March 2001
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... of strong growth in the world economy. For the United States, for example, the average of Consensus forecasts was growth of 3.4 per cent in 2001; three months later, the average forecast was for growth of only 2.0 per cent. Some commentators are now even more pessimistic, talking about a recession i ...
Market Forces at Work in the Banking Industry: Evidence from the
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INTERVIEW OF GARY GENSLER United States of America

Instalment Warrants - Dividend Yield Play
Instalment Warrants - Dividend Yield Play

... risk. The higher the gearing level the higher the risk. • Select an instalment with expiry or rollover date beyond the trading period. ...
World Residential Markets
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... Savills is a leading global real estate service provider listed on the London Stock Exchange. The company established in 1855, has a rich heritage with unrivalled growth. It is a company that leads rather than follows, and now has over 600 offices and associates throughout the Americas, Europe, Asia ...
Universal Life with No Lapse Guarantees: What You Need to Know!
Universal Life with No Lapse Guarantees: What You Need to Know!

... and high surrender charges, and (5) the possible “opportunity cost” of higher returns from the bestperforming non-guaranteed traditional policies for insureds who live a long time. The Risk of a Late Premium Payment: The “no lapse” or “secondary” death benefit guarantee of these new universal life p ...
Five steps for European banks to shape up
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... With increased refinancing costs, dampened sales, and growing competition and regulatory momentum, banks face a severe dilemma of having to be risk-averse to conform with regulation and rating agencies, which erodes sales potential as a result, leading to a drop in investor confidence and the banks’ ...
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reporting period

IFC in Latin America and the Caribbean
IFC in Latin America and the Caribbean

... • Doing Business Report: This joint World Bank-IFC annual publication provides an objective basis for evaluating the regulatory environment surrounding the private sector. The report assesses over 185 economies in 10 areas of business regulation. • Equator Principles: A set of voluntary guidel ...
Deferred Fixed Annuities
Deferred Fixed Annuities

... This hypothetical example is for illustrative purposes only. It is not intended to predict or project the direction of interest rates. Actual interest rates may be higher or lower than those shown here. Note: Both the short-term, non-fixed-interest-rate and fixed interest rates are assumed to be ann ...
http://www.imf.org/external/pubs/ft/reo/2007/mcd/eng/mreo1007.pdf
http://www.imf.org/external/pubs/ft/reo/2007/mcd/eng/mreo1007.pdf

... growth in the region is projected to stay in the 6–7 percent range in 2008. All parts of the region are doing well, with growth in the Caucasus and Central Asia projected to be especially strong at 11 percent, the fourth year of double-digit growth. Unemployment remains a big concern, however, espec ...
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... Coloplast develops and markets products and services that make life easier for people with very private and personal medical conditions. Coloplast works closely with users to develop solutions that consider their special needs. Coloplast calls this intimate healthcare. Coloplast markets and sells it ...
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... The developer will be less likely to pay this maintenance fee in the face of climate change because the expected revenue from this costly investment declines. This means that the anticipation of climate change risk will accelerate the depreciation of the quality of the existing capital stock. Past r ...
The Market for OTC Derivatives
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... profit from equilibrium price dispersion while covering the fixed cost of entry. Such banks do not change their exposure much and have many offsetting long and short positions. In this sense, large banks with average risk exposures emerge endogenously as dealers who provide intermediation services i ...
Performance of Private Equity Real Estate Funds
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... • Emerging managers and earlier funds are shown to have higher returns and realised returns of past funds are shown to be a reliable indicator of future success. • Managers should not focus on growing assets under management (fund size) but on quality investments. • Investors should pay a lot attent ...
Where Did All The Borrowing Go? Philip R. Lane
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this PDF file
this PDF file

This PDF is a selection from an out-of-print volume from... of Economic Research
This PDF is a selection from an out-of-print volume from... of Economic Research

NBER WORKING PAPER SERIES Urban Jermann Vincenzo Quadrini
NBER WORKING PAPER SERIES Urban Jermann Vincenzo Quadrini

... value of firms quoted in Nasdaq and venture capital investment is not surprising, it is worth to be emphasized because it shows the close connection between the value that the market attributes to investment projects and the volume of funds injected in those projects. At the beginning of 2000, the s ...
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Financialization



Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.
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