... destination of foreign capital, which means that real economic activities in Singapore have little relationship to capitalflows in and out of the country.18 The positive effect ofcapital inflows ... current account imbalances are often financed by capital account, and we would like to exclude such endogenous movements ofcapitalflows from the shocks to capital flows. Second, we condition ... example, whether capitalflows generate boom-bust cycles, and whether capitalflows help explain the synchronization of the business cycles in the Asian countries. Capital flows, especially...
... used to identify the most significant barriers to internationalcapital flows. These barriers are then submitted to the review of a sample ofinternational investment experts operating in the ... composed of national markets where barriers to internationalcapitalflows are least likely to adversely affect its return. This process takes full advantage of practitioners’ knowledge of these ... common types of political risks are: o Expropriation of Assets: The government of the country where funds are invested confiscates the capital investment. o Repatriation of profits: U.S. investors...
... to the regulatory minimum level of capital. In Section 7 we offer a number of conjectures about theories of bank capital structure that are not based on binding capital regulation and that are ... may demand banks to commit some of their own capital when extending credit. Since borrowers do not fully internalize the cost of raising capital, the level ofcapital demanded by market participants ... theory ofcapital structure, Journal of Finance 46, 297-356. Hovakimian, A. and Kane, E. (2000) Effectiveness ofcapital regulation at U.S. commercial banks, 1985 to 1994, Journal of Finance...
... how much, and what type ofcapital inflow to buy. Specifically, how can the central bank make use of prior knowledge relating to the volatility and persistence of capital flows? And how would ... between the various components of South Africa’s capital account. It suggests that long-term capital, which consists primarily of bank loans, is the only form of capital that is negatively correlated ... therefore, to purchase some or most of these inflows. ?? The evidence tentatively suggests that incoming FDI may be partially offset by long-term capital outflows, possibly reflecting cover operations...
... (1958), “The Cost of Capital, Corporate Finance,and the Theory of Investment”. American Economic Review. [3] Rajan, R. G. & Zingales, L, (1995), “What do we know about capital structure? ... structure? Some evidence from international data”. The Journal of Finance. [4] Trần Đình Khôi Nguyên (2006). Capital structure in small and medium-sized enteprises: the case of Vietnam”. ASEAN Economic ... Ngọc Vũ (2003). Determinantsofcapital structure for listed firms in the Vietnam stock Exchange Market”. Danang University Press, Danang, Vietnam. [6] Stata Web Book. University of California,...
... assets of thedeposit money banks divided by GDP. This ratio reflects the overall level of development of the banking sector. The next variable, mcap/gdp is the ratio of stock marketcapitalization ... employed capital resources. A complete pass-through of this tax is consistent with the assumption that international investors demand a net -of- tax 12 For the low income countries, before tax profit/ta ... positiverelationship between capitalization and profitability, and a negative relationship betweenreserves and profitability. Other important determinantsof bank margins and profitability,such as ownership,...
... not just of aparticular legal and political system, but of the nation state itself, of lawsas such, of whole bureaucratic structures, of whole social classes andentire categories of people ... free grant of moral capital which it is theintention of this book to analyze. For moral capital to be a politicalphenomenon worthy of study, we must assume that people are capable of making ... ContentsAcknowledgmentspageviiiIntroduction1PartIMoralcapital51Moralcapitalandpolitics102Moralcapitalandleadership27PartIIMoralcapitalintimesofcrisis453AbrahamLincoln:thelong-purposedman504CharlesDeGaulle:themanofstorms83PartIIIMoralcapitalanddissidentpolitics1135NelsonMandela:themoralphenomenon1186AungSanSuuKyi:herfather’sdaughter147PartIVMoralcapitalandtheAmericanpresidency1737KennedyandAmericanvirtue1808Crisis2009Aftermath21810Denouement235Epilogue255Bibliography261Index270vii...
... 988910111213141516505560657075801.82.40.80.81.61.31.31.42.90.6312.3171.0379.3535.5629.6138.8265.2200.8947.0104.1100.018.214.110.08.51.914.15.725.91.6100.09.814.39.47.02.423.25.124.64.2AgricultureTotalphd00-9a1.1 Development of the financing structure of Belgian companies (percentages of total)1.2 Indicators of the profitability of Belgian companies (percentages)Equity capital Credits from ... debtsProfitability of equity capital (left-hand scale)Percentage of enterprises showing a profit (right-hand scale)Loanscontracted as percentage of total creditsValue added as percentage of ... thedirection of the analyses by studying to what extent macroeconomic developments of a real nature canaffect the stability of the financial system.2. Theoretical outline of the determinantsof financial...
... Components of CapitalFlows Since our last update on capitalflows to emerging market economies at the end of March, we have revised our projection for net private capitalflows in 2005 ... accounting for one-third of net flows. ” The Institute ofInternational Finance, Inc. Capital Flows to Emerging Market Economies Page 17 September 24, 2005 over only 80 percent of its external ... adjusts to a period of tighter global liquidity.” The Institute ofInternational Finance, Inc. Capital Flows to Emerging Market Economies Page 1 September 24, 2005 Capital Flows to Emerging...
... Predictive factors of quality of life on admission Two-thirds of patients had a Physical Compo-nent Summary score of >42 and two-thirds of patients had a Mental Component Summary score of >25. ... number of days of absti-nence during the 6 months preceding hospitalisation, duration of alcohol dependence, length of time since the first alcohol-related period of care, family history of alcoholism ... of patients during care and the influence of QoL on the prognosis of alcoholism are unknown (22, 23). The aims of this study in a clinical setting was: 1) to determine the change in QoL of...
... profile analysis of open channel flows over a circular surface. Journal of Applied Mechanics, JSCE, Vol. 8, pp 847-854, 2005. 5. Anh T. N. and Hosoda T.: Free surface profile analysis offlows ... PROFILE ANALYSIS OFFLOWS OVER CIRCULAR SURFACE 66 6.1 Preliminary 66 6.2. Hydraulic experiment 67 6.3 Steady analysis of water surface profile 74 6.4 Unsteady characteristics of the flows ... plot of water surface in 2D simulation of Exp-1 …………….95 Figure 6.35 Carpet plot of water surface in 2D simulation of Exp-2…………… 95 Figure 6.36 Carpet plot of water surface in 2D simulation of...
... RIGHTS IN COMPARISON WITH THOSE OF THE INTERNATIONAL DECLARATION4.1 Definition of an International Convention 204.2 Purposes and typical legal characteristics of the International Convention on ... LINGUISTIC FEATURES OF THE INTERNATIONAL DECLARATION ON HUMAN RIGHTS3.1 Definition of an International Declaration 103.2 Purposes and typical legal characteristics of the International 10Declaration ... Structure 34* Typical structure of an International Declaration on Human Rights 37* Typical structure of an International Convention on Human Rights 38* Sources of data 39* References 40* ANNEX...