... Bank Restructuring: Lessons from the 1980s (1996) and holds an honorary doctorate from the University of Bristol From Asian to Global Financial Crisis An Asian Regulator’s View of Unfettered Finance ... Went Its Own Way 187 Indonesia: From Economic to Political Crisis 218 Hong Kong: Unusual Times Need Unusual Action 253 1 China: Rise of the Dragon 278 From Crisis to Integration 303 The New World ... got to know during the crisis, as we shared both the agony and the drama that deserve to be told, even though the story had been told many times It is useful to remember that after the Asian crisis...
Ngày tải lên: 01/11/2014, 19:45
... financial sector of either ASEAN-5 or Vietnam has gradually emerged to complement the inflexible formal sector while small and mediumsized firms belonging to private sector not have enough access to bank ... reflected in Figure by the ratio of private sector loan to deposit, inwhich Vietnam ranks the first as compared to ASEAN-5 Private sector loans to total deposit not only explains credit strength ... efficiency is hard to measure for the financial system as a whole For the banking sector, the common used measures are the profitability indicators such as economic efficiency relative to bank assets...
Ngày tải lên: 14/03/2014, 17:20
stiglitz - the stiglitz report; reforming the international monetary and financial systems in the wake of the global crisis (2010)
... STIGLITZ REPORT from the crisis into sustainable, balanced growth It also is essential if there is to be a quick restoration of confidence Failure to act quickly to address the global economic downturn ... able to achieve satisfactory solutions to these problems suggests that they are not irresolvable POLICY RESPONSES TO THE CRISIS Sustainable responses to the crisis require identifying the factors ... into bankruptcy Economic policies must be particularly sensitive to these hysteresis effects It is important to recognize that what began as a crisis in the financial sector has now become an economic...
Ngày tải lên: 01/11/2014, 19:46
Financial Frictions and Total Factor Productivity: Accounting for the Real Effects of Financial Crises pot
... the stock of trade credit outstanding fell from 24 percent in December 1994 to 20 percent by the end of 1995 Recovery to pre -crisis levels occurred only by 1997 for capital stock by sector is ... the numerator and the sum of total sales and inventories for the denominator gives us the first ratio.15 The second ratio comes from the NIPA data and is the ratio of gross output to total intermediate ... labor between the two sectors, and sectoral specificity for capital.4 We find that adding these frictions to the model allows us to match the sectoral patterns of output and factor movements observed...
Ngày tải lên: 15/03/2014, 22:20
the professional handbook of financial risk management (kpmg)
... managers to attempt to foresee all the potential risks that an organization will be exposed to before they arise The key is to be able to separate those risks that may hurt an institution from those ... eagerness to share their ideas and concepts It should be noted that every effort was made to select people from across the risk management spectrum, from insurance and banking to the regulatory bodies ... obliged to make delivery to the exchange, while the exchange is obliged to make delivery to the longs The deliverable commodities, that is, the assets which the short can deliver to the long to settle...
Ngày tải lên: 04/06/2014, 13:17
Báo cáo hóa học: "Research Article A Complement to the Fredholm Theory of Elliptic Systems on Bounded Domains" pdf
... of RN mapping Ωε into Ω, ∂Ωε into ∂Ω, and Ωε into and onto Ω It is straightforward to check that such a diffeomorphism also maps ∂Ωε onto ∂Ω approximate x ∈ ∂Ω by a sequence from Ω and hence it ... 0, whence ϕ ε, x ∈ Ω The above shows that ϕ ε, · maps Ωε into Ω, ∂Ωε into ∂Ω, and Ωε into Ω That it actually maps Ωε onto Ω follows from a Brouwer’s degree argument: Ω is connected and no point ... the desired diffeomorphism from Ωε to Ω It follows at once from 3.3 that d/dt h ◦ ϕ −θ ◦ ϕ ≤ 0, so that h is decreasing along the flow lines and hence that ϕ t, · maps Ωε into itself for every t ≥...
Ngày tải lên: 21/06/2014, 20:20
Báo cáo hóa học: " Letter to the Editor A Further Result about “On the Channel Capacity of Multiantenna Systems with Nakagami Fading”" potx
... Engineering Management and Systems Engineering, the George Washington University, Washington, DC, USA He is the Senior Co-editor-in-Chief of the thirteen-volume Encyclopedia of Statistical Sciences, ... the facts that Ψ = − γ − log 2, √ F1 exp(β) − ; ;β = 2 2β πerfi 4β3/2 (10) β , one can reduce (2) to J(3, β) = −πβ 1/2 π 3/2 erfi β exp(β) + π − log β − + γ + log 2+2β2 F2 1, 1; 2, ; β 2 (11) √ ... We expect that the expression given by (2) and its particular cases could be useful with respect to channel capacity modeling of multiantenna systems with Nakagami fading The given expressions...
Ngày tải lên: 22/06/2014, 19:20
Báo cáo hóa học: " On the Channel Capacity of Multiantenna Systems with Nakagami Fading" pot
... 2000, both from Gerhard-Mercator-University, Duisburg, and in electrical engineering From April 2000 to March 2001 he was the Head of the Department of Communication Systems at Gerhard-Mercator-University, ... capacity can be calculated according to (15) Ce = WX J(κ; β) Γ(κ/2) (22) EURASIP Journal on Applied Signal Processing From (22), (12), and (13), it is interesting to observe that the channel capacity ... also that in this case the matrix Q reduces to a scalar Applying these two facts to (30), one sees that S Ce = Ce = WX EA log + AT A σN ¯ (32) Therefore, from (30), we have S Ce ≥ Ce = WX EΥ log...
Ngày tải lên: 22/06/2014, 23:20
Báo cáo toán học: "Bounding the partition function of spin-systems" ppsx
... nonempty graphs To each v ∈ V (G) associate a set L(v) ⊆ V (H) and write L(G, H) for {L(v) : the electronic journal of combinatorics 13 (2006), #R72 v ∈ V (G)} A list homomorphism from G to H with ... the notation for our main result For completeness, we choose to make the straightforward generalization from regular bipartite graphs to (a, b)-biregular graphs, that is, bipartite graphs in which ... and asymptotically tight in the case of a family of graphs satisfying βd = ω(1) We give the proof of Theorem 1.3 in Section An important tool in the proof is an extension of Theorem 1.1 to the...
Ngày tải lên: 07/08/2014, 13:21
jonung (eds.) - the great financial crisis in finland and sweden; the nordic experience of financial liberalization (2009)
... holds an MSc in Business and Economics from the Stockholm School of Economics Lars Jonung is, since September 2000, a research adviser at the DirectorateGeneral for Economic and Financial Affairs ... real rate of interest transmitted via the financial sector into the real sector and then into the public finances Several factors contributed to the highly procyclical policy, most prominently the ... being pulled into a systemic currency and banking crisis like Finland, Norway and Sweden According to him, a combination of microeconomic and macroeconomic developments contributed to Denmark being...
Ngày tải lên: 03/11/2014, 17:30
fisher - how to smell a rat; the five signs of financial fraud (2009)
... right to buy and sell stocks at that custodian for your account but has no authority to take money outside and away from the custodian (unless authorized by you).Your custodian safe keeps you from ... Ken Fisher, to all investors The Press covers a range of investing and market-related topics for a wide audience from novices to enthusiasts to professionals Books by Ken Fisher How to Smell a ... to decide to buy this stock and not that one, but also to keep and account for the money and all securities that may be owned In taking custody, the adviser entity literally has the ability to...
Ngày tải lên: 04/11/2014, 05:30
The Future of Wireless Banking Implementation of Wireless Banking and Financial Systems
... data to be divided into a number of packets and to be sent in different paths for its intended destination The connectivity will vary from one device to another, and from one service provider to ... monitoring tools and protocol management of all requests A turn key solution is an end -to- end solution It goes from the backend system, where the data source resides, to the API connection, to ... lengthy, and complicated to develop APIs (interfaces) must be designed to connect to the existing backend system The application server must be able to accommodate to all protocols and all devices...
Ngày tải lên: 26/10/2013, 16:15
gai - systemic risk; the dynamics of modern financial systems (2013)
... insights from this early research There is still a long way to go in incorporating systemic risk fully into the policymaker’s toolkit, but this monograph take us a long way down the road we need to ... collaboration continues to shape my thinking on systemic risk issues I am most grateful to them for kindly allowing me to borrow so heavily and freely from our joint research I would also like to acknowledge ... base from which to dispassionately assess an unfolding drama This book is dedicated to my wife Radhika, who has patiently tolerated my many failings with wisdom, compassion, and love And to Priyanka,...
Ngày tải lên: 01/11/2014, 18:15
technical and financial comparison of giant freshwater prawn (macrobrachium rosenbergii) farming systems in the flooding areas of the mekong delta
... g/inds after stocked months from juveniles and 36.4 g/inds after stocked months from post larvae Survival rate of prawn was 47.5% when stocked from juvenile and 55.5% when stocked from post larvae ... yearly total production of giant freshwater prawn was approximately 5,000 – 8,000 tons (Hien et al., 1998) Up to the year 2010, total production of whole the nation achieved 6,526 tons with total ... Objectives General objective: To describe the farming practices and to analyze the major technical and financial indicators as well as to suggest that helps to contribute to further development of...
Ngày tải lên: 18/11/2015, 18:47
The theory of financial intermediation: An essay on what it does (not) explain
... transform them into economic innovations The successful innovators reap large short-term profits, which are soon bid away by imitators The effect of the innovations is to disequilibrate and to alter ... system critically influences long-run growth Political factors have been introduced too, in order to explain the relationship between financial and economic development (see Fohlin, 2000; Kroszner ... comparative advantages with respect to information acquisition and processing in relation to their sheer size in relation to the customer whereby they are able to manage risk more efficiently We...
Ngày tải lên: 24/10/2012, 09:11
A TRANSLATION QUALITY ASSESSMENT OF THE VIETNAMESE VERSION OF US FINANCIAL & ACCOUNTING APPLICATION SOFTWARE
... user to take specific actions According to Newmark, the analysis of the SL text is to determine the degree of the translator's licence, the researcher comes to a conclusion that the translators ... is to reduce the word to the initial letters like GL (General Ledger: Sổ Cái) in “GL date”, YTD (Year To Date: Từ đầu năm đến tại), PTD (Period to Date: Từ đầu kỳ đến tại), PJTD (Project to Date: ... which normally lists actions to inform users to take specific actions In this context, it is totally correct to translate it as a verb phrase In addition, translator's purpose will be also considered...
Ngày tải lên: 07/09/2013, 13:06
Globalization: the Role of Institution Building in the Financial Sector _ The Case Study of China
... financial sector They help to mitigate financial repression in China, to establish sound financial system, to enlarge contribution of the financial sector to economic development and to realize ... balance to total capital, total assets and deposit balance have also increased At the end of June 2003, total assets of foreign banks amounted to USD41.25 billion and total loan balance amounted to ... insurance sectors As a result, with the volume of financial assets rising from RMB437.9 billion to RMB25 trillion, the aggregate financial assets to GDP ratio jumped from 1.07 in 1980 to 3.20 in...
Ngày tải lên: 18/10/2013, 07:15
The Political Economy of Distress in East Asian Financial Institutions
... more from political motivated lending 20 At the same time, state-owned financial institutions may benefit from depositors' flight to safetydomestic deposits shifting from non-state-owned to state-owned ... however, they not allow one to analyze the importance of micro -economic weaknesses contributing to the occurrence of the crisis In particular, they are unlikely to be able to discriminate between ... have amplified the crisis To the extent that large financial institutions tend to associate with large business, policies of Too Big Too Fail may have diverted scarce credit away from other segments...
Ngày tải lên: 18/10/2013, 08:15
Tài liệu Financial Systems and Auditing Test of Control ppt
... that completeness and validity are easy to verify • All documents should be cross referenced, so that its easy to trace from the original order through to the Accounts • Quality is checked as ... then passed to Accounts, as authority to pay associated invoice Goods arrival area are kept secure Deliveries only signed for by warehouse manager Once goods are checked in inventory records ... check from GRNs to invoices, to ensure complete posting Exception reporting of outstanding order continue Process Risks Possible Control Procedure Payment made, or Errors in posting to nominal ledger...
Ngày tải lên: 22/12/2013, 15:15
Tài liệu The and Social EffEconomic ects of Financial Liberalization: A Primer for Developing Countries pdf
... freedom to invest, including in sensitive sectors such as real estate and stock markets, ability to increase exposure to particular sectors and individual clients and increased regulatory forbearance ... required to determine the value of assets as well as to identify the best investments These features ensure that the return that an investor expects to get from an investment would be equal to the ... the ones that deliver the highest profits to the bank or financial investor Banks may be willing to increase their exposure to “sensitive sectors” like the stock and real estate markets, given the...
Ngày tải lên: 23/12/2013, 13:15