
economic insight SOUTH EaST aSIa Quarterly briefing Q3 2013 chinese slowdown sends
... western hemisphere during and after the financial crisis. In the West, consumption and hence demand for foreign goods and services has retreated, hurting ASEAN’s exports. The recent economic slowdown in China has served as another key factor undermining performance in ASEAN’s exports. China is an im ...
... western hemisphere during and after the financial crisis. In the West, consumption and hence demand for foreign goods and services has retreated, hurting ASEAN’s exports. The recent economic slowdown in China has served as another key factor undermining performance in ASEAN’s exports. China is an im ...
The Agencies and `One Bank`
... Agents gather intelligence on the housing market from a wide range of contacts including house builders, estate agents, financial advisors, surveyors, conveyancers and mortgage brokers and lenders. That information has been particularly useful in tracking the changing conditions in the housing marke ...
... Agents gather intelligence on the housing market from a wide range of contacts including house builders, estate agents, financial advisors, surveyors, conveyancers and mortgage brokers and lenders. That information has been particularly useful in tracking the changing conditions in the housing marke ...
Financial Innovation: The Bright and the Dark Sides
... than 1,500 banks across the same sample countries, we find that a higher level of financial innovation is associated with higher bank risk taking and fragility, especially among banks with smaller market shares, lower loan-asset ratios and higher growth rates. This suggests that smaller banks, banks ...
... than 1,500 banks across the same sample countries, we find that a higher level of financial innovation is associated with higher bank risk taking and fragility, especially among banks with smaller market shares, lower loan-asset ratios and higher growth rates. This suggests that smaller banks, banks ...
Fair Value Accounting: Information or Confusion for Financial Markets?
... Second, the advent of SFAS 157 and 159 provides market participants with more detailed disclosure regarding the measurement basis for FVA assets and liabilities, i.e., levels 1, 2 and 3. However, there is an ongoing debate as to the benefits to be derived from greater transparency. For instance, su ...
... Second, the advent of SFAS 157 and 159 provides market participants with more detailed disclosure regarding the measurement basis for FVA assets and liabilities, i.e., levels 1, 2 and 3. However, there is an ongoing debate as to the benefits to be derived from greater transparency. For instance, su ...
3rd draft. - Harvard Kennedy School
... The King of Saudi Arabia said at this time that his country might as well leave the reserves in the ground for its grandchildren (Reuters, 13 April 2008). ...
... The King of Saudi Arabia said at this time that his country might as well leave the reserves in the ground for its grandchildren (Reuters, 13 April 2008). ...
introduction to healthcare financial management
... these tasks, but managers at all levels are involved in these activities and must be aware of their effect on operating decisions. • Financial risk management. Many financial transactions that take place to support the operations of a business can increase a business’s risk. Thus, an important fina ...
... these tasks, but managers at all levels are involved in these activities and must be aware of their effect on operating decisions. • Financial risk management. Many financial transactions that take place to support the operations of a business can increase a business’s risk. Thus, an important fina ...
Shift Happens
... financial economists may be misleading. These observations are not meant to be an indictment of the founding fathers of modern finance. Indeed, their contributions have advanced our knowledge of markets by leaps and bounds. Rather, we urge both academics and practitioners to use equilibrium-based mo ...
... financial economists may be misleading. These observations are not meant to be an indictment of the founding fathers of modern finance. Indeed, their contributions have advanced our knowledge of markets by leaps and bounds. Rather, we urge both academics and practitioners to use equilibrium-based mo ...
Macroprudential Policies in Open Emerging Economies Joon-Ho Hahm, Frederic S. Mishkin,
... the question is, should monetary policy try to pop or slow the growth of developing asset price bubbles to minimize damage to the economy when these bubbles burst? Alternatively, should the monetary authorities not respond directly to possible asset price bubbles, but instead respond to asset price ...
... the question is, should monetary policy try to pop or slow the growth of developing asset price bubbles to minimize damage to the economy when these bubbles burst? Alternatively, should the monetary authorities not respond directly to possible asset price bubbles, but instead respond to asset price ...
What is the Appropriate Size of the Banking System? Als je
... the banking system has become a hotly debated topic as a substantial number of banks needed to be rescued by the government and received state aid in the form of guarantees, provision of equity, transfer of bad assets or a (partial) nationalisation. The average direct fiscal costs of government bail ...
... the banking system has become a hotly debated topic as a substantial number of banks needed to be rescued by the government and received state aid in the form of guarantees, provision of equity, transfer of bad assets or a (partial) nationalisation. The average direct fiscal costs of government bail ...
ACT 240H1F F06 Term Test 1 Privacy ID A v07
... monthly payments, starting one month from now! Or get a $X discount if you pay in a cash lump sum! The merchant is using the current market interest rate of 6% per annum compounded monthly for her calculations, and wants the same profit on a cash sale as on an ‘easy payments’ sale. Calculate X. (Not ...
... monthly payments, starting one month from now! Or get a $X discount if you pay in a cash lump sum! The merchant is using the current market interest rate of 6% per annum compounded monthly for her calculations, and wants the same profit on a cash sale as on an ‘easy payments’ sale. Calculate X. (Not ...
How to grow A special report on the world economy
... this scale plays havoc with the public nances. According to the IMF, gross government debt in the world’s big rich economies reached 97% last year and is rising at its fastest pace in modern history. By 2015 the IMF expects them to have a combined debt burden of 110% of GDP, against less than 70% i ...
... this scale plays havoc with the public nances. According to the IMF, gross government debt in the world’s big rich economies reached 97% last year and is rising at its fastest pace in modern history. By 2015 the IMF expects them to have a combined debt burden of 110% of GDP, against less than 70% i ...
DP2003/01 Financial deregulation and household indebtedness Leslie Hull
... A second innovation in the mortgage sector was line-of-credit home equity mortgages. Many banks offer a mortgage that also serves as a checking account. Customers are given an EFTPOS card tied to the mortgage and the account can be used to pay day-to-day expenses. This sort of account is theoretical ...
... A second innovation in the mortgage sector was line-of-credit home equity mortgages. Many banks offer a mortgage that also serves as a checking account. Customers are given an EFTPOS card tied to the mortgage and the account can be used to pay day-to-day expenses. This sort of account is theoretical ...
Current Challenges in Housing and Home Loans: Complicating Factors and
... the ability of many borrowers to make payments. As house prices fell, many homeowners who lost their jobs in the early-1990s recession could not sell their homes to pay off their mortgages because they owed more than their homes were worth. For unemployed homeowners with “negative equity,” foreclosu ...
... the ability of many borrowers to make payments. As house prices fell, many homeowners who lost their jobs in the early-1990s recession could not sell their homes to pay off their mortgages because they owed more than their homes were worth. For unemployed homeowners with “negative equity,” foreclosu ...
Slide 1 - Acsu Buffalo
... trader being a buyer. (regret-free price) Bid price = the best estimate of fundamental value, conditional on the next trader being a seller. Because dealers generally do not know whether the next trader is well informed, they use the probability that the next trader is well informed. ...
... trader being a buyer. (regret-free price) Bid price = the best estimate of fundamental value, conditional on the next trader being a seller. Because dealers generally do not know whether the next trader is well informed, they use the probability that the next trader is well informed. ...
1 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
... Stock of this corporation be withdrawn from listing and resignation on AMEX and listed for trading on the Nasdaq National Market ("Nasdaq"); and WHEREAS, it is deemed to be in the best interests of this corporation and its stockholders that the Common Stock of this corporation be listed for trading ...
... Stock of this corporation be withdrawn from listing and resignation on AMEX and listed for trading on the Nasdaq National Market ("Nasdaq"); and WHEREAS, it is deemed to be in the best interests of this corporation and its stockholders that the Common Stock of this corporation be listed for trading ...
ACCA F9 S16 Notes
... If a company is trying to decide whether or not to invest in a new project, they will need to know the cost of the money being used. If the project is being financed by shareholders (either by way of a new issue of shares, or by the use of retained earnings), then we need to be able to calculate the ...
... If a company is trying to decide whether or not to invest in a new project, they will need to know the cost of the money being used. If the project is being financed by shareholders (either by way of a new issue of shares, or by the use of retained earnings), then we need to be able to calculate the ...
Chapter 1 Understanding Asia`s Economy
... under one big umbrella – the Asian Model. Asia comprises more than 4 billion people (60 per cent of the world population) in 46 different nation-states. Asia demonstrates a huge disparity in economic development – while Japan and China are respectively the second and fourth largest economies in the ...
... under one big umbrella – the Asian Model. Asia comprises more than 4 billion people (60 per cent of the world population) in 46 different nation-states. Asia demonstrates a huge disparity in economic development – while Japan and China are respectively the second and fourth largest economies in the ...
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
... General and administrative expenses remained approximately the same at $4.9 million in 1994 and 1995. General and administrative expenses increased by $1.9 million in 1995 due to costs required to support the increased number of campuses, learning centers and IPD contract sites and increases in admi ...
... General and administrative expenses remained approximately the same at $4.9 million in 1994 and 1995. General and administrative expenses increased by $1.9 million in 1995 due to costs required to support the increased number of campuses, learning centers and IPD contract sites and increases in admi ...
mmi13 Zimmermann 19075478 en
... to further contract lending, a credit crunch. However, such demand-side arguments ignores the negative impact of declining capital adequacy on the supply of bank capital. Rising funding costs in bad times are partly a result of a drop in the supply of bank’s capital because of the banks’ deteriorati ...
... to further contract lending, a credit crunch. However, such demand-side arguments ignores the negative impact of declining capital adequacy on the supply of bank capital. Rising funding costs in bad times are partly a result of a drop in the supply of bank’s capital because of the banks’ deteriorati ...
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.