
The crisis and monetary policy: what we learned and
... from 2003 to 2007. In this respect, the Core Funding Ratio could potentially act as an automatic stabiliser and reduce the required hikes in the OCR during economic upturns. The role for a macro-oriented minimum capital requirement in promoting macro-financial stability (as opposed to individual ban ...
... from 2003 to 2007. In this respect, the Core Funding Ratio could potentially act as an automatic stabiliser and reduce the required hikes in the OCR during economic upturns. The role for a macro-oriented minimum capital requirement in promoting macro-financial stability (as opposed to individual ban ...
Diapositiva 1
... • The bubble can develops also in another way. As real capital flows into finance and speculation, the prices of the titles of credit rise, more investors expecting further higher price are drawn in, and the process becomes selfexpanding. But at a certain point the debt burden becomes too heavy bec ...
... • The bubble can develops also in another way. As real capital flows into finance and speculation, the prices of the titles of credit rise, more investors expecting further higher price are drawn in, and the process becomes selfexpanding. But at a certain point the debt burden becomes too heavy bec ...
Creditor Rights and Capital Structure: Evidence from International Data:
... Creditor Rights and Capital Structure: Evidence from International Data Sadok El Ghoul*, Omrane Guedhami**, Seong-Soon Cho*** and Jungwon Suh**** Using data from 51 countries, we document evidence that creditor protection is an important country-level determinant of corporate capital structure. Spec ...
... Creditor Rights and Capital Structure: Evidence from International Data Sadok El Ghoul*, Omrane Guedhami**, Seong-Soon Cho*** and Jungwon Suh**** Using data from 51 countries, we document evidence that creditor protection is an important country-level determinant of corporate capital structure. Spec ...
Introduction
... • Because the forward rate is determined by the supply of and demand for the future delivery of a currency, it may convey information about the future spot rate. • Many empirical studies indicate that there is some comovement between the forward and spot rate. • The co-movement is less than one-to-o ...
... • Because the forward rate is determined by the supply of and demand for the future delivery of a currency, it may convey information about the future spot rate. • Many empirical studies indicate that there is some comovement between the forward and spot rate. • The co-movement is less than one-to-o ...
The financial system: Strengths and weaknesses
... domestic interest rates, public sector intervention in lending activities, lending by the banking system to the public sector, changeability in the inflation rate, mounting default, foreign interest rate developments and susceptibility to external influences. Indicators from the financial sector A t ...
... domestic interest rates, public sector intervention in lending activities, lending by the banking system to the public sector, changeability in the inflation rate, mounting default, foreign interest rate developments and susceptibility to external influences. Indicators from the financial sector A t ...
Jamaica_en.pdf
... debt burden. The total stock of debt by December 2009 was 123.3% of GDP, up from 109.9% of GDP in 2008. By December 2009, the domestic and external portions of the debt were 69.1% and 54.2% of GDP, respectively, up from 59.8% and 45.3% of GDP, at the end of 2008. The rapid increase in these ratios w ...
... debt burden. The total stock of debt by December 2009 was 123.3% of GDP, up from 109.9% of GDP in 2008. By December 2009, the domestic and external portions of the debt were 69.1% and 54.2% of GDP, respectively, up from 59.8% and 45.3% of GDP, at the end of 2008. The rapid increase in these ratios w ...
M1 = currency + traveler`s checks + demand deposits + other
... stock market - influences wealth and business decisions foreign exchange market - affects prices of imports and exports Dr. Alshriaan ...
... stock market - influences wealth and business decisions foreign exchange market - affects prices of imports and exports Dr. Alshriaan ...
Chapter 14 (13) Exchange Rate Determination
... 2. Non-bank financial institutions (mutual funds, hedge funds, securities firms, insurance companies, pension funds) may buy/sell foreign assets for investment. 3. Non-financial businesses conduct foreign currency transactions to buy/sell goods, services and assets. 4. Central banks: conduct officia ...
... 2. Non-bank financial institutions (mutual funds, hedge funds, securities firms, insurance companies, pension funds) may buy/sell foreign assets for investment. 3. Non-financial businesses conduct foreign currency transactions to buy/sell goods, services and assets. 4. Central banks: conduct officia ...
Word 97 Source File
... agreement signed with Telmex. However, excluding these revenues, sales would have dropped by around 26%. Therefore, we feel that it is extremely important for Acerla to continue making efforts to obtain new clients and selling higher volumes. It is important to note that although the agreement with ...
... agreement signed with Telmex. However, excluding these revenues, sales would have dropped by around 26%. Therefore, we feel that it is extremely important for Acerla to continue making efforts to obtain new clients and selling higher volumes. It is important to note that although the agreement with ...
Lessons from Asian Financial Experience 1. Introduction Anne O. Krueger
... The Asian crisis countries other than Japan all faced problems in their banking systems, but to a considerable extent the origins of the emerging markets’ banking systems problems differed. In many regards, as already mentioned, the Korean experience typifies the lessons from the East Asian emerging ...
... The Asian crisis countries other than Japan all faced problems in their banking systems, but to a considerable extent the origins of the emerging markets’ banking systems problems differed. In many regards, as already mentioned, the Korean experience typifies the lessons from the East Asian emerging ...
Courts freeze Shirley Porter`s hidden assets
... “The FSA must be in a position to properly analyse the financial reports and audit results, which it currently does not, in order to communicate specific instructions to the auditors and regulated institutions,” said the report. “The weaknesses result directly from insufficient staff for the supervi ...
... “The FSA must be in a position to properly analyse the financial reports and audit results, which it currently does not, in order to communicate specific instructions to the auditors and regulated institutions,” said the report. “The weaknesses result directly from insufficient staff for the supervi ...
quantitative finance after the recent financial crisis
... Society of The Institute for Operations Research and the Management Sciences (INFORMS) for his work in several areas of applied probability, ranging from queueing theory, to the analysis of 2x2 contingency tables in medicine, to models in financial engineering. He joined the Department of Mathematic ...
... Society of The Institute for Operations Research and the Management Sciences (INFORMS) for his work in several areas of applied probability, ranging from queueing theory, to the analysis of 2x2 contingency tables in medicine, to models in financial engineering. He joined the Department of Mathematic ...
Developing a Financial Planning Model
... Required External Financing Required New Investment Spontaneous Financing Internal Equity Financing • See Logic for Debt as Secondary Plug Excel file ...
... Required External Financing Required New Investment Spontaneous Financing Internal Equity Financing • See Logic for Debt as Secondary Plug Excel file ...
41 KB - Financial System Inquiry
... As I have just become aware that submissions to your enquiry close today 31 March I have be forced to limit my submission to a single item. I have also been forced to restrict my submission to a brief letter. I believe your enquiry must address the role of finance in the growth of sustainable cities ...
... As I have just become aware that submissions to your enquiry close today 31 March I have be forced to limit my submission to a single item. I have also been forced to restrict my submission to a brief letter. I believe your enquiry must address the role of finance in the growth of sustainable cities ...
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.