Financial Depth and Economic Growth in new EU members
... lacking in all ten countries, and therefore the contribution of the relatively underdeveloped credit and stock markets to growth has been rather limited, with only a minor positive effect of some indicators of financial development. This might be a consequence of the large stock of non-performing lo ...
... lacking in all ten countries, and therefore the contribution of the relatively underdeveloped credit and stock markets to growth has been rather limited, with only a minor positive effect of some indicators of financial development. This might be a consequence of the large stock of non-performing lo ...
How To collapse the U.S. economy
... out of the U.S.economy. Inflation does not produce a recession.Left to its own devices. the inflation-ridden U.S. would eventually break through the political barriers designed by her British "allies" and cure the ...
... out of the U.S.economy. Inflation does not produce a recession.Left to its own devices. the inflation-ridden U.S. would eventually break through the political barriers designed by her British "allies" and cure the ...
Gross Financial Flows, Global Imbalances, and Crises
... Even though this had been seen in Latin America, Asia, where dollarized debts made depreciation problematic (Díaz-Alejandro). “Too big to save,” coupled with cross-border contagion, undermines the argument that stand-alone national fiscal policies can work (financial/fiscal trilemma). Also suggests ...
... Even though this had been seen in Latin America, Asia, where dollarized debts made depreciation problematic (Díaz-Alejandro). “Too big to save,” coupled with cross-border contagion, undermines the argument that stand-alone national fiscal policies can work (financial/fiscal trilemma). Also suggests ...
Where Macro is, and Where it`s Going
... Macroeconomics as a course developed in the 1930s Before then, the was Classical economics, and quantity theory of money Macroeconomics became associated with Keynesian economics and a specific limited interpretation of Keynesian economics Keynesian economic theory was soon sidetracked into simple e ...
... Macroeconomics as a course developed in the 1930s Before then, the was Classical economics, and quantity theory of money Macroeconomics became associated with Keynesian economics and a specific limited interpretation of Keynesian economics Keynesian economic theory was soon sidetracked into simple e ...
Financial crisis and economic downturn: Where did they come from
... future such crises • In examining reaction of the authorities to the financial crisis, it is important to keep in mind that their principal objective was initially to avoid a meltdown or implosion of the financial sector, as this was seen to be one of the major factors in bringing about the Great De ...
... future such crises • In examining reaction of the authorities to the financial crisis, it is important to keep in mind that their principal objective was initially to avoid a meltdown or implosion of the financial sector, as this was seen to be one of the major factors in bringing about the Great De ...
Economic Implications of an Attack on Iraq
... crises- likely destinations of global capital seeking safe haven. This environment, however, has not proven to be beneficial for commodity-based currencies such as the Canadian dollar and emerging-market currencies. Again, all of these effects should prove short-lived as long as the crisis remains s ...
... crises- likely destinations of global capital seeking safe haven. This environment, however, has not proven to be beneficial for commodity-based currencies such as the Canadian dollar and emerging-market currencies. Again, all of these effects should prove short-lived as long as the crisis remains s ...
Speech to Community Leaders Luncheon Portland, Oregon
... Compared with most of the country and especially parts of the West, the Portland metro area joined the housing party late and may end up with less of a hangover. The pace of home price appreciation was slower in Portland than in the U.S. from 1998 until 2005. Indeed, as things were beginning to cool ...
... Compared with most of the country and especially parts of the West, the Portland metro area joined the housing party late and may end up with less of a hangover. The pace of home price appreciation was slower in Portland than in the U.S. from 1998 until 2005. Indeed, as things were beginning to cool ...
ECON 104---Financial Crisis What is the nature of the current crisis
... fallen by nearly 1/5th in the USA over the past year. 3.3. The bubble was driven by at least a few things: 3.3.1.Interest rates have been low for perhaps 16 years, so borrow to finance investment looked relatively cheap. This raised the demand for investments, including assets and houses. 3.3.2.The ...
... fallen by nearly 1/5th in the USA over the past year. 3.3. The bubble was driven by at least a few things: 3.3.1.Interest rates have been low for perhaps 16 years, so borrow to finance investment looked relatively cheap. This raised the demand for investments, including assets and houses. 3.3.2.The ...
Common Reporting Standard Limited Life Debt Investment Entities
... b) The Financial Institution was in existence as of 17 January 2013, and has entered into a trust indenture, trust deed or similar agreement that requires the Financial Institution to pay to investors holding substantially all of the interests in the Financial Institution, no later than a set date o ...
... b) The Financial Institution was in existence as of 17 January 2013, and has entered into a trust indenture, trust deed or similar agreement that requires the Financial Institution to pay to investors holding substantially all of the interests in the Financial Institution, no later than a set date o ...
International Financial Reporting Standards
... between IFRS and U.S. GAAP related to the financial reporting of current liabilities, provisions, employee benefits, share-based payment, income taxes, revenue, and financial instruments ...
... between IFRS and U.S. GAAP related to the financial reporting of current liabilities, provisions, employee benefits, share-based payment, income taxes, revenue, and financial instruments ...
UNIVERSITY OF NAIROBI SCHOOL OF BUSINESS MASTER OF
... 6. Sales to end of year working capital is 4. Current ratio is 1.5 7. Acid test ratio is 1.0 (excludes prepaid expenses) 8. Plant and equipment is sh.6,000,000. It is one-third depreciated 9. Dividend paid on 8% non participating prefered are sh40,000. Thereis no change in common shares. The prefere ...
... 6. Sales to end of year working capital is 4. Current ratio is 1.5 7. Acid test ratio is 1.0 (excludes prepaid expenses) 8. Plant and equipment is sh.6,000,000. It is one-third depreciated 9. Dividend paid on 8% non participating prefered are sh40,000. Thereis no change in common shares. The prefere ...
Module Capital Flows and the Balance of Payments
... High return for investors The loanable funds market model is used to model the flow of financial capital from one nation to another. 2 assumptions: 1. All flows are loans. (In reality, capital flows take many forms: purchases of shares of stock in foreign companies, foreign real estate, direct forei ...
... High return for investors The loanable funds market model is used to model the flow of financial capital from one nation to another. 2 assumptions: 1. All flows are loans. (In reality, capital flows take many forms: purchases of shares of stock in foreign companies, foreign real estate, direct forei ...
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.