Chapter 4, January 2010
... zones. Because, typically, they have laws that differ from the primary territories of the individual governments, the zone could be considered an economic territory in its own right. Because the number of enterprises in these zones typically is small, however, it may be preferred to split the enterp ...
... zones. Because, typically, they have laws that differ from the primary territories of the individual governments, the zone could be considered an economic territory in its own right. Because the number of enterprises in these zones typically is small, however, it may be preferred to split the enterp ...
Leaving the EU: Implications for the UK financial services
... We discuss below our estimates for each of the different types of potential economic impact: ...
... We discuss below our estimates for each of the different types of potential economic impact: ...
Financial Development and Economic Growth: Views and
... lief that the development of financial markets and institutions is a critical and inextricable part of the growth process and away from the view that the financial system is an inconsequential side show, responding passively to economic growth and industrialization. There is even evidence that the l ...
... lief that the development of financial markets and institutions is a critical and inextricable part of the growth process and away from the view that the financial system is an inconsequential side show, responding passively to economic growth and industrialization. There is even evidence that the l ...
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... improves the ability to support a higher foreign debt and reduces the foreign premium or interest differential. Finally, the last version uses the habit formation parametrization. The Habit Formation version modifies the Baseline version by assuming that the consumer’s preferences exhibit habit for ...
... improves the ability to support a higher foreign debt and reduces the foreign premium or interest differential. Finally, the last version uses the habit formation parametrization. The Habit Formation version modifies the Baseline version by assuming that the consumer’s preferences exhibit habit for ...
Western Hemisphere Regional Economic Outlook
... economies continues to be modest and uneven. In the United States, an expanding economy driven by consumption has enabled an interest rate lift-off, marking a first step toward gradual monetary normalization. But recovery elsewhere, notably, in Japan and the euro area, remains fragile. With further ...
... economies continues to be modest and uneven. In the United States, an expanding economy driven by consumption has enabled an interest rate lift-off, marking a first step toward gradual monetary normalization. But recovery elsewhere, notably, in Japan and the euro area, remains fragile. With further ...
The Liquidity Trap, the Great Depression, and Unconventional Policy
... The developed economies of Japan, the United States, and the Eurozone are currently experiencing very low short-term rates, so low that they are considered to be at the “zero lower bound” of possibility. This effectively paralyzes conventional monetary policy. As a consequence, monetary authorities ...
... The developed economies of Japan, the United States, and the Eurozone are currently experiencing very low short-term rates, so low that they are considered to be at the “zero lower bound” of possibility. This effectively paralyzes conventional monetary policy. As a consequence, monetary authorities ...
United States Securities and Exchange Commission Washington
... otherwise indicated), necessary for a fair statement of our financial results for the periods covered by this report. We prepared the accompanying financial statements on a basis that is substantially consistent with the accounting principles applied in our 2016 Form 10-K, but made the following cha ...
... otherwise indicated), necessary for a fair statement of our financial results for the periods covered by this report. We prepared the accompanying financial statements on a basis that is substantially consistent with the accounting principles applied in our 2016 Form 10-K, but made the following cha ...
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... econometric model is properly specified. Both follow-up studies rather come to the conclusion that government spending is primarily driven by the state of the domestic economy and thus independent of international economic openness, implying not only the absence of significant efficiency effects but ...
... econometric model is properly specified. Both follow-up studies rather come to the conclusion that government spending is primarily driven by the state of the domestic economy and thus independent of international economic openness, implying not only the absence of significant efficiency effects but ...
Private Sector Development in the Caribbean: A Regional Overview
... One of those challenges includes the legacy of inflexible fiscal policies, which left governments little room to manoeuvre when the global financial crisis struck. Public debt exceeds 90% of annual GDP on average in the Caribbean’s tourism-based economies. Their global competitiveness as tourism des ...
... One of those challenges includes the legacy of inflexible fiscal policies, which left governments little room to manoeuvre when the global financial crisis struck. Public debt exceeds 90% of annual GDP on average in the Caribbean’s tourism-based economies. Their global competitiveness as tourism des ...
Private Sector Development in the Caribbean: A Regional Overview
... One of those challenges includes the legacy of inflexible fiscal policies, which left governments little room to manoeuvre when the global financial crisis struck. Public debt exceeds 90% of annual GDP on average in the Caribbean’s tourism-based economies. Their global competitiveness as tourism des ...
... One of those challenges includes the legacy of inflexible fiscal policies, which left governments little room to manoeuvre when the global financial crisis struck. Public debt exceeds 90% of annual GDP on average in the Caribbean’s tourism-based economies. Their global competitiveness as tourism des ...
Methodology And Assumptions: Liquidity
... • A/B of 1.2x or more over the upcoming 12 months. In particular, any upcoming maturities should be manageable. • Positive A-B, even if forecasted EBITDA declines by 15%. • Sufficient covenant headroom for forecasted EBITDA to decline by 15% without the company breaching coverage tests, and debt is ...
... • A/B of 1.2x or more over the upcoming 12 months. In particular, any upcoming maturities should be manageable. • Positive A-B, even if forecasted EBITDA declines by 15%. • Sufficient covenant headroom for forecasted EBITDA to decline by 15% without the company breaching coverage tests, and debt is ...
Trading Account: Items - IndiaStudyChannel.com
... Q. Discuss the role of accountants in modern business organization. (June 00) Role of Accountants in Modern Business Organization: Accounting is an age-old profession. In old days of accounting, the main function of an accountant was to maintain the records of the business. However over the years, t ...
... Q. Discuss the role of accountants in modern business organization. (June 00) Role of Accountants in Modern Business Organization: Accounting is an age-old profession. In old days of accounting, the main function of an accountant was to maintain the records of the business. However over the years, t ...
Do Accounting Changes Affect the Economic Behavior of Financial
... Prior to the change in accounting standards in 2003, the subsidiary was consolidated for financial reporting purposes eliminating the intercompany debt. The parent reported the preferred shares issue by the subsidiary to outside investors as minority interest, which was typically classified either i ...
... Prior to the change in accounting standards in 2003, the subsidiary was consolidated for financial reporting purposes eliminating the intercompany debt. The parent reported the preferred shares issue by the subsidiary to outside investors as minority interest, which was typically classified either i ...
Chapter 11 Dividend Policy
... 2.3.2 Investors usually expect a consistent dividend policy from the company, with stable dividends each year or, even better, steady dividend growth. A large rise or fall in dividends in any year can have a marked effect on the company’s share price. 2.3.3 Stable dividends or steady dividend growth ...
... 2.3.2 Investors usually expect a consistent dividend policy from the company, with stable dividends each year or, even better, steady dividend growth. A large rise or fall in dividends in any year can have a marked effect on the company’s share price. 2.3.3 Stable dividends or steady dividend growth ...
2006-IV
... in exports and to exceed 4 percent. As a matter of fact, exports revenue increased by almost 16 percent in September 2006 compared to the same period of the last year. Unlike previous periods, the annual rate of increase in consumer prices followed a positive trend in 2006 due to strong domestic dem ...
... in exports and to exceed 4 percent. As a matter of fact, exports revenue increased by almost 16 percent in September 2006 compared to the same period of the last year. Unlike previous periods, the annual rate of increase in consumer prices followed a positive trend in 2006 due to strong domestic dem ...
How to Manage China’s Foreign Exchange Reserves? Aarhus School of Business
... international reserves serve to absorb such undesired crises through financing the payment deficits, which in turn avoid the costs of macroeconomic adjustment2. In addition, foreign exchange reserves can be used to serve external debt or act as the collateral for international borrowing. For those e ...
... international reserves serve to absorb such undesired crises through financing the payment deficits, which in turn avoid the costs of macroeconomic adjustment2. In addition, foreign exchange reserves can be used to serve external debt or act as the collateral for international borrowing. For those e ...