the two contrasting views on the savings investment nexus

... Nevertheless, the OECD and UN models share many common features Most DTTs are based on one of these two models, with exceptions and variations depending on the specific relationship between the two ... and the Canadian Journal of Economics His current research is on the empirical impact of taxation on international production and location decisions of multinational firms jason yackee Jason Yackee ... would defeat the object and purpose of the agreement See Article 18 of the Vienna Convention on the Law of Treaties.”) In addition to the international law obligation not to defeat the object and...

Ngày tải lên: 07/03/2014, 13:20

... responses to the two CPs respectively (the non-confidential responses are available on ESMA’s website8) Open hearings on the two consultations were held at the ESMA premises in Paris; the first on ... with the request from the Commission, the advice on this point sets out ESMA’s views on the content of the contract evidencing the appointment of the depositary, which must at least regulate the ... input on the main elements of the request A total of 56 responses were received by the deadline of 14 January (the non-confidential responses are available on the ESMA website5) The feedback to the...

Ngày tải lên: 23/03/2014, 11:20

... be a distinction between the methodology of calculation of the leverage to monitor the leverage limits set by the AIF and the disclosure of such information In the first case, the AIFM should ... AIF in the European Union; (ii) information that should be disclosed to investors according to article 20 of the AIFMD; (iii) leverage GENERAL CONSIDERATIONS ON THE QUESTIONS INCLUDED IN THE EUROPEAN ... In the Italian jurisdiction, management companies are not differentiated in relation to the type of investment funds they manage and therefore, as regards their organisation and rules of conduct...

Ngày tải lên: 23/03/2014, 12:21

... one nickel refinery (KNR) This failure, together with the negative long-term animal inhalation studies on soluble nickel and other toxicological evidence, strongly suggest that the designation ... organisms The International Convention on Harmonization (ICH) requires a battery of genotoxicity tests to be conducted on a new drug before it is given to humans in a clinical trial [59] The ICH ... to know whether the chemical composition of the dust collected on day was the same as on day For his speciation method, Zatka's dust samples averaged about mg in order to ensure that the speciated...

Ngày tải lên: 20/06/2014, 00:20

... hexagon (see Section 3) We use the fact that there is a bijection between rhombus tilings of the hexagon and perfect matchings of the hexagon’s ‘dual’ graph G (see Figure for the construction of the ... triangles on the left is the hexagon on the right Step 1: It suffices to compute the number of rhombus tilings of two regions R+ and R− which are roughly the upper and the lower half of the original ... two determinant evaluations, the latter constituting the most difficult part of the proof An outline of the proof is given in the next section The details are filled in in the subsequent sections...

Ngày tải lên: 07/08/2014, 06:20

... In the initial analysis, the within-tree variation for density components was analysed in 82 oak trees at breast height and the second analysis concentrated on the effect of ring location on the ... allow one to draw conclusions about the content of tension wood [18, 22], as microscopic examination of thin sections of wood or differential coloration are the only reliable indicators of tension ... that on average the regions present hardly any dissimilarities in terms of density components so far as trees with identical radial growth are concerned On the contrary, the ring location, either...

Ngày tải lên: 08/08/2014, 14:21

... revisions to the manuscript NS assisted with the thematic analysis of the interviews and contributed to the drafting of the manuscript CD provided significant comments on the content and the organization ... directions on an organization-wide basis The scarcity mentality, the lack of experience working together, and the lack of shared vision may all contribute to the fears expressed by some respondents ... possible Authors' contributions FD drafted the manuscript CM advised on the interview plan, including formulation of the questionnaire, provided direction for the drafting of the manuscript and...

Ngày tải lên: 13/08/2014, 11:22

... imply, however, that there is no distinction between the various kinds of rational rules adopted in a society on the one hand, and their conventions on the other." (Page 56) Hence the role of epistelogists ... should be the formalization of some informal theory, then a formal theory may be said to be 'refuted' if one of its theoreme is negated by the corresponding theorem of the informal theory One could ... the same time In an analogous fashion, one cannot see two alternative world views at the same time However, it is not the case that one says • I can only see the gobletsN, or I can only see the...

Ngày tải lên: 11/10/2014, 04:11

... any responsibility or liability for reliance by any person on this white paper or any of the information, opinions or conclusions set out in this white paper LONDON 26 Red Lion Square London WC1R ... ranking The telecommunications and human capital indices use existing national and international data The online services index, on the other hand, is based on primary research by the UN The UN’s ... Bannister “If they are at the top, governments use them to promote their country’s image If they are at the bottom, they probably won’t mention them, but they will make efforts to raise their score.”...

Ngày tải lên: 04/12/2015, 00:06

... United Nations Framework Convention on Climate Change (2010) Report of the Conference of the Parties on its sixteenth session – Addendum – Part two: Action taken by the Conference of the Parties ... selection”.40 These cases confirm IDS’ conclusion that “at the country level the emphasis on the MDBs as implementing institutions clearly shapes the direction of PPCR delivery”.41 11 What the Green ... which the World Bank obeys, does not allow any information on the funds to be released to the public The information on the Bank’s homepage is similarly scarce The non-disclosure policy of the...

Ngày tải lên: 19/02/2014, 15:20

... the Resolution Trust Corporation (RTC) and permanent responsibility for operating the new Savings Association Insurance Fund (SAIF) The other, passed in response not only to the problems of the ... compelling reason to monitor the institution’s operations The National Commission on Financial Institution Reform, Recovery and Enforcement concluded that federal deposit insurance at institutions with ... operations Conclusion The regulatory lessons of the S&L disaster are many First and foremost is the need for strong and effective supervision of insured depository institutions, particularly if they...

Ngày tải lên: 06/03/2014, 10:20

... Additional con­ ribution from the funds of other regions (supra-regional compensation) t Cash from the funds of other regions (supra-regional compensation) Additional contribution from the funds ... vis-à-vis other national and international institutions as well as the public at large In cooperation with the regional Savings Banks Associations and other institutions of the Group, the DSGV ... worldwide Savings Banks not usually carry out their own correspondent banking They use their SWIFT connections or the systems of the Landesbanken to settle international transactions International...

Ngày tải lên: 06/03/2014, 10:20

... quarter, dropping to EUR billion; this evolution was triggered by a renewed bout of financial tensions discussed on the next page On the other hand, balanced and bond funds enjoyed an increase ... billion and EUR billion respectively Money market funds experienced a reduced level of net outflows during the quarter of EUR billion The modest increase in money market rates and the fact that money ... Africa and the Middle East throughout much of the first quarter coupled with the consequences of the earthquake in Japan and the tensions in oil prices and sovereign debt markets, has contributed...

Ngày tải lên: 07/03/2014, 16:20

... in the UCITS Market Net Sales by Investment Type A surge in net sales of UCITS in the first quarter of 2012 came on the back of increased investor confidence after the launch of the ECB’s longer-term ... inflows of EUR billion during the quarter, up from net outflows of EUR 29 billion in the previous quarter Bond funds registered strong net sales of EUR 49 billion during the quarter, compared ... 2012) Trends in the UCITS Market Net Sales by Investment Type ECB liquidity operations during the quarter assuaged investor confidence somewhat during the quarter, nevertheless the low net sales...

Ngày tải lên: 07/03/2014, 16:20

... EUR billion (Ireland EUR 39 billion, Luxembourg EUR 32 billion, United Kingdom EUR 13 billion, Switzerland EUR 11 billion, Norway EUR billion, the Netherlands EUR billion, Sweden EUR billion and ... EUR 48 billion during the first half of 2011, slightly behind the EUR 55 billion recorded in the first half of 2010 Long-term UCITS attracted EUR 87 billion during the first half of the year, down ... outflows from money market funds, from EUR billion in the first quarter to EUR 30 billion in the second quarter In contrast, total net sales of long-term UCITS increased to EUR 48 billion, up from...

Ngày tải lên: 07/03/2014, 16:20

... during the second quarter This can be seen from the trends in monthly net sales for UCITS Equity funds continued to suffer on account of the poor economic outlook On the other hand, bond funds ... billion in net outflows in the second quarter Money market funds registered net outflows of EUR billion, compared to net inflows of EUR 22 billion in the first quarter On the other hand, bond ... Luxembourg (EUR billion) Luxembourg and Ireland attracted net inflows of EUR 22 billion and EUR 17 billion, respectively, into bond funds during the quarter On the other hand, money market funds...

Ngày tải lên: 07/03/2014, 16:20

... billion), Norway (EUR billion) and Denmark (EUR billion) These large net inflows came on the back of strong net inflows into bond funds in these countries Of the other large domiciles, France ... billion from EUR billion in the second quarter Bond funds recorded another quarter of strong net inflows amounting to EUR 50 billion, up from EUR 42 billion in the second quarter Balanced funds ... billion Balanced funds enjoyed growth of 4.5 percent to stand at EUR 970 billion On the other hand, money market funds registered a reduction in net assets of 2.5 percent to EUR 1,054 billion The...

Ngày tải lên: 07/03/2014, 16:20

... that the Office of the Comptroller of the Currency has over the national banks The regulatory responsibilities of the FSLIC were given to the FDIC, and the FDIC became the sole administrator of the ... Unfortunately, regulators of the S&Ls at the Federal Savings and Loan Insurance Corporation (FSLIC) had neither the expertise nor the resources that would have enabled them to monitor these new activities ... plants to convert manure to methane, and purchased billions of dollars of high-risk, high-yield junk bonds The S&L industry was no longer the staid industry that once operated on the 3-6-3 rule:...

Ngày tải lên: 22/03/2014, 21:20

... four recommendations that, if understood and acted on, could address the gap in green investment: Greening investment, and thereby the economy, is the only option Building from the 2012 G20 Summit, ... Finance, the Climate Policy Initiative, the International Energy Agency, the Organization of Economic Cooperation and Development, the United Nations Environment Programme, the World Bank Group and the ... finance institutions are betting on the project’s contribution to developing a CSP market in the region that will bring longer-term and broader economic benefits Construction of the plant was scheduled...

Ngày tải lên: 23/03/2014, 08:21

... contingent on a number of factors These factors include the Commission’s implementing measures on the ‘Delegation’ provisions56 to be adopted during 2012, and the UK Authorities’ position on the ... schemes There is, in addition, a proportionality principle whereby the detailed guidelines on the remuneration policies will take into account the size of the AIFM and of the AIF they manage, their ... other significant aspects of the framework such as implementing measures on the so-called non-EU passport are subject to further negotiation and adoption by the European Commission Refer to the...

Ngày tải lên: 23/03/2014, 11:20