
Course Outline - Kleykamp in Taiwan
... In addition to the usual suppliers and demanders in financial markets, another important group which influences the markets are speculators. These people buy and sell financial assets in hopes of making short term capital gains. Some economists believe that because speculators make profits when mark ...
... In addition to the usual suppliers and demanders in financial markets, another important group which influences the markets are speculators. These people buy and sell financial assets in hopes of making short term capital gains. Some economists believe that because speculators make profits when mark ...
Hubert Cottogni_3rd Danube Financing Dialogue
... In an environment where banks have become more risk averse and are concentrating on recapitalisation and deleveraging, access to finance for SMEs has dried up. At the same time, precisely due to the financial crisis, SMEs have lost the capacity to self-sustain and now need to seek external sources o ...
... In an environment where banks have become more risk averse and are concentrating on recapitalisation and deleveraging, access to finance for SMEs has dried up. At the same time, precisely due to the financial crisis, SMEs have lost the capacity to self-sustain and now need to seek external sources o ...
Enterprises and Suppliers Development Programme (ESDP)
... The Strategy for this project is to build/strengthen national institutional capacities and using the expertise of SDP Specialists to develop the supplier’s capabilities and hence increase the total added value in both products and services. For this, UNDP promotes the implementation of technical ass ...
... The Strategy for this project is to build/strengthen national institutional capacities and using the expertise of SDP Specialists to develop the supplier’s capabilities and hence increase the total added value in both products and services. For this, UNDP promotes the implementation of technical ass ...
Economic stability loss
... was a genuine Irish economic miracle, with very rapid output, employment and productivity growth during the 1994-2000 period.” Without entry into the eurozone, this might have petered out. But the fall in interest rates increased the risk that a credit-fuelled property bubble would emerge. So, indee ...
... was a genuine Irish economic miracle, with very rapid output, employment and productivity growth during the 1994-2000 period.” Without entry into the eurozone, this might have petered out. But the fall in interest rates increased the risk that a credit-fuelled property bubble would emerge. So, indee ...
11 November 2008
... /If it is difficult to crack these exercises it is perfectly ok to ask for a hint. But I will be travelling in Germany Friday-Sunday and may not be able to respond promptly/ Exercise 16 Consider a fishery with effort measured in the number of fishing vessels. Let E be the number of fishing vessels a ...
... /If it is difficult to crack these exercises it is perfectly ok to ask for a hint. But I will be travelling in Germany Friday-Sunday and may not be able to respond promptly/ Exercise 16 Consider a fishery with effort measured in the number of fishing vessels. Let E be the number of fishing vessels a ...
ThrIvenT LArge CAP vALue PorTfoLIo
... All data represents past performance of this subaccount in Thrivent Financial Variable Universal Life Insurance II (contract V-VQ-VUL (07) and ICC07V-VM-VUL) and should not be viewed as an indication of future results. Total investment returns and principal value of an investment will fluctuate and ...
... All data represents past performance of this subaccount in Thrivent Financial Variable Universal Life Insurance II (contract V-VQ-VUL (07) and ICC07V-VM-VUL) and should not be viewed as an indication of future results. Total investment returns and principal value of an investment will fluctuate and ...
Brokerage Firms - JCR-VIS
... at a trailing price to earnings ratio (PER)7 of 9.6x. This indicates significant undervaluation vis-àvis emerging & frontier market peers having a peer group average of 16.5x. Moreover, dividend yield8 of Pakistan’s stock market was 6.3% in 2015 which compares favorably with frontier markets as depi ...
... at a trailing price to earnings ratio (PER)7 of 9.6x. This indicates significant undervaluation vis-àvis emerging & frontier market peers having a peer group average of 16.5x. Moreover, dividend yield8 of Pakistan’s stock market was 6.3% in 2015 which compares favorably with frontier markets as depi ...
Impact of Macroprudential Policy Measures on Economic Dynamics: Koji Nakamura
... and loan interest rate. Bank i’s loan amount to corporate sector = Bank i’s fixed effect + 1.5*expected growth rate - 1.9*(Bank i’s loan interest rate – CPI ) + 0.4*Bank i’s capital ratio gap + 0.3*land price Bank i’s loan interest rate = Bank i’s fixed effect + 0.95*Bank i’s funding rate + 0.01 ...
... and loan interest rate. Bank i’s loan amount to corporate sector = Bank i’s fixed effect + 1.5*expected growth rate - 1.9*(Bank i’s loan interest rate – CPI ) + 0.4*Bank i’s capital ratio gap + 0.3*land price Bank i’s loan interest rate = Bank i’s fixed effect + 0.95*Bank i’s funding rate + 0.01 ...
Ethics of Financial Globalization
... economic units, in a steadily growing number of countries. Defined in this broad way, global finance includes both cross-border lending, foreign direct investment, and banking with either the domestic or overseas offices of foreign-owned banks. If we follow the convention of many financial economist ...
... economic units, in a steadily growing number of countries. Defined in this broad way, global finance includes both cross-border lending, foreign direct investment, and banking with either the domestic or overseas offices of foreign-owned banks. If we follow the convention of many financial economist ...
Chapter 14 Capital requirements for settlement and counterparty risk
... (2) for exposures due to financial derivative instruments and long settlement transactions booked in the trading book, commodities that are eligible to be included in the trading book may also be recognised as eligible collateral; (3) for the purposes of calculating volatility adjustments where such ...
... (2) for exposures due to financial derivative instruments and long settlement transactions booked in the trading book, commodities that are eligible to be included in the trading book may also be recognised as eligible collateral; (3) for the purposes of calculating volatility adjustments where such ...
The Estonian Presidency Programme for the Economic
... The Estonian Presidency will focus on modernising the VAT system. To this end, it is necessary to contribute to reducing administrative burden and strengthening the system’s resilience to fraud in order to reduce the disturbing VAT gap in Europe. Among other things, the Presidency considers it impor ...
... The Estonian Presidency will focus on modernising the VAT system. To this end, it is necessary to contribute to reducing administrative burden and strengthening the system’s resilience to fraud in order to reduce the disturbing VAT gap in Europe. Among other things, the Presidency considers it impor ...
Diversifiable
... A deductible is an amount of money that the insured party must pay out of his or her own resources before receiving any compensation from the insurer. A copayment feature means that the insured party must cover a fraction of the loss. ...
... A deductible is an amount of money that the insured party must pay out of his or her own resources before receiving any compensation from the insurer. A copayment feature means that the insured party must cover a fraction of the loss. ...
Mispriced Markets
... and the stock will yie ld dividends and provide capital appreciation over time. What cannot be factored in are regulatory shocks, for instance agricultural commodities in many countries have to be sold at government determined prices to contain inflation which limits the growth and earnings prospect ...
... and the stock will yie ld dividends and provide capital appreciation over time. What cannot be factored in are regulatory shocks, for instance agricultural commodities in many countries have to be sold at government determined prices to contain inflation which limits the growth and earnings prospect ...
CIBC first Canadian bank to tap Europe`s negative yields
... first non-European bank to do so. In March, Germany’s Berlin Hype was the first lender to borrow at negative rates, cashing in on a hunger for quality debt, coupled with Europe’s unique fixed-income markets. At the start of this month, nearly $12-trillion (U.S.) worth of government debt carried nega ...
... first non-European bank to do so. In March, Germany’s Berlin Hype was the first lender to borrow at negative rates, cashing in on a hunger for quality debt, coupled with Europe’s unique fixed-income markets. At the start of this month, nearly $12-trillion (U.S.) worth of government debt carried nega ...
2007 Q3 Client Newsletter - Oakdale Wealth Management
... In August, a severe credit crunch suddenly occurred as investors in mortgage based securities realized they had been taking on more risk than anticipated. In essence, investment graded securities actually contained a large portion of risky Subprime mortgages. As investors disappeared, mortgage compa ...
... In August, a severe credit crunch suddenly occurred as investors in mortgage based securities realized they had been taking on more risk than anticipated. In essence, investment graded securities actually contained a large portion of risky Subprime mortgages. As investors disappeared, mortgage compa ...
Uneasy calm gives way to turbulence
... nurtured market expectations of further reductions in interest rates and fuelled concerns over bank profitability. In late January, the Bank of Japan (BoJ) surprised markets with the introduction of negative interest rates, after the ECB had announced a possible review of its monetary policy stance ...
... nurtured market expectations of further reductions in interest rates and fuelled concerns over bank profitability. In late January, the Bank of Japan (BoJ) surprised markets with the introduction of negative interest rates, after the ECB had announced a possible review of its monetary policy stance ...
CC Marsico Global Fund APIR CHN0002AU
... In the second quarter of 2016, financial markets appeared to be locked in a tight trading range after risk assets completed a recovery from February lows. Very late in the quarter, the world was confronted with a political surprise as 52% of voting British citizens chose to pull the lever for leavin ...
... In the second quarter of 2016, financial markets appeared to be locked in a tight trading range after risk assets completed a recovery from February lows. Very late in the quarter, the world was confronted with a political surprise as 52% of voting British citizens chose to pull the lever for leavin ...
How a Banker Looks at Financial Leverage
... satisfactory. Assets are often approached from the vantage point of "What is their replacement value?" But replacement has no value if revenue and profits cannot be generated. Generally, whenever the return on assets exceeds the cost of debt, leverage is favorable, and the higher the leverage factor ...
... satisfactory. Assets are often approached from the vantage point of "What is their replacement value?" But replacement has no value if revenue and profits cannot be generated. Generally, whenever the return on assets exceeds the cost of debt, leverage is favorable, and the higher the leverage factor ...
economic insight: south east asia Quarterly briefing Q3 2014
... Mexico fluctuates with the fortunes of the huge US market to which it exports so much. This lack of control makes a rebalancing towards domestic consumption desirable, while an expanding credit market facilitates the process. China is an increasingly important market for ASEAN economies, with Malays ...
... Mexico fluctuates with the fortunes of the huge US market to which it exports so much. This lack of control makes a rebalancing towards domestic consumption desirable, while an expanding credit market facilitates the process. China is an increasingly important market for ASEAN economies, with Malays ...
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.