balance of payments current account and capital account

How and Where Capital Account Liberalization Leads to Economic Growth

How and Where Capital Account Liberalization Leads to Economic Growth

Ngày tải lên : 24/10/2012, 08:50
... issues of oligopoly and, of course, of credit rationing type of problems as in Stiglitz and Weiss (1981). With the real rate of interest adjusting to its equilibrium level, at which savings and ... their target-profits. The rest follow the price leaders and they may have higher or lower average costs and so lower or higher mark-ups and net profits. Interest is a cost and must be passed ... dividends and the internal finance of planned investment expenditures. So that the mark-up is chosen to produce a level of retained profits, after depreciation, interest, and dividend payments, ...
  • 23
  • 502
  • 1
CAPITAL ACCOUNT LIBERALIZATION, INSTITUTIONS AND FINANCIAL DEVELOPMENT: CROSS COUNTRY EVIDENCE

CAPITAL ACCOUNT LIBERALIZATION, INSTITUTIONS AND FINANCIAL DEVELOPMENT: CROSS COUNTRY EVIDENCE

Ngày tải lên : 25/10/2013, 10:15
... for government budget balance and current account balance (GSUR t-6 and CURRENT t-6 , respectively). In general, the estimated magnitude and statistical significance of the capital openness effect ... in months of imports as an indicator to capture the balance of payments situation of countries. The lower gross reserves in months of imports, the higher prevalence of balance of payments concerns ... non-existence of multiple exchange rates, the openness of the current account, and no obligation of surrender of export proceeds. N is the number of observations. RMSE is root mean squared error of the...
  • 45
  • 412
  • 0
Tài liệu Financial Liberalization and the Capital Account Thailand 1988–1997 doc

Tài liệu Financial Liberalization and the Capital Account Thailand 1988–1997 doc

Ngày tải lên : 27/01/2014, 11:20
... Aftermath of the Liberalization of the Financial System and the Capital Account Financial sector liberalization and the opening of the capital account changed the business of banking in Thailand. ... Shareholdings limited to 10 percent of shares outstanding. Level of minimum capital adequacy requirements ã 8 percent of risk assets for on -balance sheet items; however number of exemptions apply which ... sources of short- and long-term foreign capital, the maturity structure of Thailand’s external debt will shorten since most BIBF funding is short-term. And by reducing borrowing costs and indirectly...
  • 61
  • 426
  • 0
Establishment of Effluent Standards for Industrial Wastewaters in Korea: Current Issues and Suggestions for Future Plan

Establishment of Effluent Standards for Industrial Wastewaters in Korea: Current Issues and Suggestions for Future Plan

Ngày tải lên : 05/09/2013, 10:15
... and New Zealand guidelines for fresh and marine water quality. Australian and New Zealand Environment and Conservation Council and Agriculture and Resource Management Council of Australia and ... water quality standard is kept. In the future, both of technology-based and water quality-based effluent standards should be taken into account to satisfy water quality standard and industrial ... standards with a limited data set obtained so far according to the kind of pollutants and industries was investigated. This paper focused on the current state of effluent standards in Korea and...
  • 15
  • 542
  • 0
Starting an AdSense Account and Publishing Ads

Starting an AdSense Account and Publishing Ads

Ngày tải lên : 24/10/2013, 08:20
... record. 5. Repeat Steps 3 and 4 for each of your channels. You end up with a list of channel names and their lines of code. 6. Insert the appropriate line of code into each of your AdSense code snippets. Place ... and Password fields, and then click the Continue button. If you have an AdWords account, you may use its e-mail address and pass- word for your AdSense account. If you don’t have an AdWords account, you ... after opening one account, use the Contact Us link on your account pages. The purpose of running multiple accounts is to separate the reporting of different sites, because AdSense currently lumps...
  • 20
  • 254
  • 0
Tài liệu International Convergence of Capital Measurement and Capital Standards pptx

Tài liệu International Convergence of Capital Measurement and Capital Standards pptx

Ngày tải lên : 15/01/2014, 16:56
... definition of regulatory capital and risk-weighted assets. The total capital ratio must be no lower than 8%. Tier 2 capital is limited to 100% of Tier 1 capital. A. Regulatory capital 41. ... the form of any of the following: revolving credits and lines of credit (including credit cards and overdrafts), personal term loans and leases (e.g. instalment loans, auto loans and leases, ... of risk and economic capital. Over the last decade, a number of 4 ã ã ã ã the validation of any significant change in the risk measurement process; the accuracy and completeness of...
  • 251
  • 1.8K
  • 0
Tài liệu International Workshop on Environmental and Economic Accounting - COMPILATION OF RESOURCES ACCOUNTS (SELECTED CASE STUDIES) pdf

Tài liệu International Workshop on Environmental and Economic Accounting - COMPILATION OF RESOURCES ACCOUNTS (SELECTED CASE STUDIES) pdf

Ngày tải lên : 17/02/2014, 10:20
... the economy and the environment and resource implications of structural change. The water account was developed with reference to Australian objectives and priorities and the physical characteristics of ... aim of environmental accounting is to assess the sustainability of economic activities and economic growth by quantifying the depletion and degradation of a natural resource. An environmental account ... the System of National Accounts 1993 (UN, 1993b). Supply and use tables provide the framework to link core components of the National Accounts to physical flow accounts. Environmental accounts...
  • 28
  • 623
  • 0
Tài liệu Capital, innovation, and growth accounting docx

Tài liệu Capital, innovation, and growth accounting docx

Ngày tải lên : 17/02/2014, 10:20
... much of growth is attributable to the accumulation of physical and human capital, and how much is the result of productivity growth, has been the subject of intense debates since the ‘growth accounting’ ... first-order approximation the share of capital is about 0.3, and to get a rough estimate of TFP growth we can set α equal to 0.3. Using this value of α and measures of capital stocks constructed from ... that period, and the third column is the other capital- deepening component of growth. The fourth and fifth columns indicate what percentage of growth is accounted for by TFP growth and capital deepening,...
  • 15
  • 404
  • 0
Tài liệu Báo cáo khoa học: "Discourse Relations: A Structural and Presuppositional Account Using Lexicalised TAG*" docx

Tài liệu Báo cáo khoa học: "Discourse Relations: A Structural and Presuppositional Account Using Lexicalised TAG*" docx

Ngày tải lên : 20/02/2014, 18:20
... the work of Grote (1998), Grote et al. (1997), Jayez and Rossari (1998) and Lagerwerf (1998). Secondly, the approach demands an understand- ing of the attentional characteristics of presupposi- ... for NL understanding and/ or gener- ation. But the work to date surely shows the benefit of an approach that narrows the gap between dis- course syntax and semantics and that of the clause. ... knowledge, a good source of which is the interpretation of the discourse so far, anaphoric presupposition can be seen as carrying some of the burden of discourse connectivity and discourse semantics...
  • 8
  • 415
  • 0
Tài liệu BÁO CÁO " CURRENT STATUS AND ORIENTATION OF RESIDENTIAL AREAS IN QUANG XUONG DISTRICT, THANH HOA PROVINCE, VIETNAM " pot

Tài liệu BÁO CÁO " CURRENT STATUS AND ORIENTATION OF RESIDENTIAL AREAS IN QUANG XUONG DISTRICT, THANH HOA PROVINCE, VIETNAM " pot

Ngày tải lên : 25/02/2014, 10:20
... 3.3.3. The structure of land use in residential areas front and rear direction Based on the above development direction of residential areas and the land use standard in the Official Dispatch ... (including land for ttransportation, land for cultural facilities, land for educational and training facilities, and land for sports facilities ) Table 6. The planning orientation of system of residential ... the methods of calculating the future demands for land use of residential areas were also mentioned in the study. The noticeable thing is that the future demands for land use of residential...
  • 10
  • 593
  • 0
NOTES ON THE ROLE OF EDUCATION IN PRODUCTION FUNCTIONS AND GROWTH ACCOUNTING pot

NOTES ON THE ROLE OF EDUCATION IN PRODUCTION FUNCTIONS AND GROWTH ACCOUNTING pot

Ngày tải lên : 06/03/2014, 21:20
... index of embodied quality in different types and vintages of labor, fixed once and for all and independent of levels of K, would be very restrictive and is not necessary at this level of aggregation. ã ... question of how many "dimensions" of labor it is useful to distinguish is raised and explored briefly. The puzzle of the apparent constancy of rates of return to edu- cation and of skilled-unskilled ... coefficient of quality (E) should both be "significant" in some statistical sense and of the same order of magnitude as the coefficient of the number of workers (N).9 ã It is this type of reasoning...
  • 59
  • 595
  • 0