El eslabón perdido de la integración financiera de los países en desarrollo: los mecanismos regionales de liquidez

El eslabón perdido de la integración financiera de los países en desarrollo: los mecanismos regionales de liquidez PDF Author: Guillermo Rozenwurcel
Publisher:
ISBN:
Category :
Languages : eo
Pages :

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Book Description
El Sistema Financiero Internacional dispone de instituciones e instrumentos para mitigar crisis de liquidez en países en desarrollo pero son muchas las críticas con relación a la tempestividad de los recursos ofertados, su volumen y las condiciones impuestas a los países tomadores de préstamos. El cambio en el manejo de la política cambial de los países en desarrollo los ha llevado a acumular un creciente volumen de reservas internacionales, reduciendo la necesidad de recurrir al FMI. No obstante, la estrategia de acumulación de reservas viene recibiendo crecientes críticas cuanto a su elevado costo fiscal. Eso viene motivando los países en desarrollo a buscar alternativas cooperativas para la utilización de las reservas internacionales. Este trabajo busca evaluar como un mecanismo de cooperación financiera regional podría reducir la vulnerabilidad externa de un grupo de países, complementando las líneas de defensa existentes en el ámbito multilateral y ofertando recursos a tiempo de impedir el agravamiento de una crisis de liquidez. Una estrategia cooperativa podría, teóricamente, optimizar las reservas externas de los países miembros, compartiendo los costos fiscales y las ganancias de escala. Este mecanismo también podría canalizar recursos para proyectos de desarrollo y sostener una ampliación del uso de monedas locales. Son analizadas dos modalidades de mecanismos: el fondo de reservas (reserve pooling), representado por el Fondo Latinoamericano de Reservas (FLAR); y los mecanismos de swap de monedas, que garantizan acceso a recursos en moneda convertible en caso de necesidad de liquidez y cuya la Iniciativa Chiang Mai constituye un ejemplo. La estabilidad económica es un valor cada vez más valorado en América del Sur. No obstante, una mayor coordinación económica regional se presenta como requisito fundamental para la consecución de la estabilidad. Un mecanismo de cooperación que involucre a los países de la región podría dar voz, voto y responsabilidad política a todos en la tarea de alcanzar este objetivo común.

El eslabón perdido de la integración financiera de los países en desarrollo: los mecanismos regionales de liquidez

El eslabón perdido de la integración financiera de los países en desarrollo: los mecanismos regionales de liquidez PDF Author: Guillermo Rozenwurcel
Publisher:
ISBN:
Category :
Languages : eo
Pages :

Get Book Here

Book Description
El Sistema Financiero Internacional dispone de instituciones e instrumentos para mitigar crisis de liquidez en países en desarrollo pero son muchas las críticas con relación a la tempestividad de los recursos ofertados, su volumen y las condiciones impuestas a los países tomadores de préstamos. El cambio en el manejo de la política cambial de los países en desarrollo los ha llevado a acumular un creciente volumen de reservas internacionales, reduciendo la necesidad de recurrir al FMI. No obstante, la estrategia de acumulación de reservas viene recibiendo crecientes críticas cuanto a su elevado costo fiscal. Eso viene motivando los países en desarrollo a buscar alternativas cooperativas para la utilización de las reservas internacionales. Este trabajo busca evaluar como un mecanismo de cooperación financiera regional podría reducir la vulnerabilidad externa de un grupo de países, complementando las líneas de defensa existentes en el ámbito multilateral y ofertando recursos a tiempo de impedir el agravamiento de una crisis de liquidez. Una estrategia cooperativa podría, teóricamente, optimizar las reservas externas de los países miembros, compartiendo los costos fiscales y las ganancias de escala. Este mecanismo también podría canalizar recursos para proyectos de desarrollo y sostener una ampliación del uso de monedas locales. Son analizadas dos modalidades de mecanismos: el fondo de reservas (reserve pooling), representado por el Fondo Latinoamericano de Reservas (FLAR); y los mecanismos de swap de monedas, que garantizan acceso a recursos en moneda convertible en caso de necesidad de liquidez y cuya la Iniciativa Chiang Mai constituye un ejemplo. La estabilidad económica es un valor cada vez más valorado en América del Sur. No obstante, una mayor coordinación económica regional se presenta como requisito fundamental para la consecución de la estabilidad. Un mecanismo de cooperación que involucre a los países de la región podría dar voz, voto y responsabilidad política a todos en la tarea de alcanzar este objetivo común.

Value Chain Finance

Value Chain Finance PDF Author: Lucian Peter Christoph Peppelenbos
Publisher: Kit Pub
ISBN: 9789460220555
Category : Agriculture
Languages : en
Pages : 0

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Book Description
Value Chain Finance is a solution to such dilemmas.

Employment in Metropolitan Areas

Employment in Metropolitan Areas PDF Author: United States. Bureau of Labor Statistics
Publisher:
ISBN:
Category : Labor supply
Languages : en
Pages : 126

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Book Description


Cities of Tomorrow

Cities of Tomorrow PDF Author: Peter Hall
Publisher: Wiley-Blackwell
ISBN: 9780631199434
Category : Social Science
Languages : en
Pages : 502

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Book Description
Cities of Tomorrow is a critical history of planning in theory and practice in the twentieth century, as well as of the social and economic problems and opportunities that gave rise to it. Trenchant, perceptive, global in coverage, this book is an unrivalled account of its crucial subject. The third edition of Cities of Tomorrow is comprehensively revised to take account of abundant new literature published since its original appearance, and to view the 1990s in historical perspective. This is the definitive edition, reviewing the development of the modern planning movement over the entire span of the twentieth century.

EBOOK: Sustaining Change in Universities

EBOOK: Sustaining Change in Universities PDF Author: Burton Clark
Publisher: McGraw-Hill Education (UK)
ISBN: 0335224547
Category : Education
Languages : en
Pages : 224

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Book Description
·What can be done to ensure universities are well positioned to meet the challenges of the fast moving world of the 21st century? This is the central question addressed by Burton R. Clark in this significant new volume which greatly extends the case studies and concepts presented in his 1998 book, Creating Entrepreneurial Universities. The new volume draws on case studies of fourteen proactive institutions in the UK, Europe, Australia, Latin America, Africa, and the United States that extend analysis into the early years of the twenty-first century. The cumulative international coverage underpins a more fully developed conceptual framework offering insight into ways of initiating and sustaining change in universities. This new conceptual framework shifts attention from transformation to sustainability rooted in a constructed steady state of change and a collegial approach to entrepreneurialism. It contains key elements necessary for universities to adapt successfully to the modern world. Lessons for reform can be drawn directly from both the individual case studies and the general framework. Overall the book offers a new form of university organization that is more self-reliant and manages to combine change with continuity, traditional academic values with new managerial values. Essential reading for university administrators, faculty members, students and researchers analysing higher education, and educational policymakers worldwide, this book advocates a highly proactive approach to university change and specifies a new basis for university self- reliance. Burton R. Clark is Allan M. Cartter Professor Emeritus of Higher Education and Sociology at the University of California, Los Angeles. During his career, he has taught at five leading US universities: Stanford, Harvard, Berkeley, Yale and UCLA. He has published widely on the nature of university organization and the realistic possibilties of reform, linking research for understanding with research for use.

Diccionario Jurídico Inglés-español Y Español-inglés Wiley

Diccionario Jurídico Inglés-español Y Español-inglés Wiley PDF Author: Steven M. Kaplan
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : en
Pages : 640

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Book Description
In today's "global village", nearly 450 million people speak English while another 350 million speak Spanish. The United States alone, with its more than 22 million Hispanic Americans, is now considered by many to be a bilingual society. As the practice of law and the resolution of legal issues, to a great extent, is all about precise communication, the impact of this on legal and business professionals is obvious - Spanish/English, English/Spanish translations are fast becoming an indispensable component of any thriving law practice or business, be it a small company or a multinational corporation. Translations are now routinely required for trials, contracts, real estate and financial transactions, and in many other situations. Clearly then, the need for a comprehensive bilingual reference such as this one has never been greater. Wiley's English/Spanish and Spanish/English Legal Dictionary offers comprehensive, up-to-date coverage of more than 40,000 essential words and phrases spanning all legal disciplines and subdisciplines including construction, real estate, insurance, business, trial, environmental law, intellectual property, family law, and more. It was written by a professional translator in collaboration with an advisory committee comprising attorneys from some of the most prominent firms in the international legal community. Featuring an extremely user-friendly format, the Dictionary was designed for quick reference. It directs you instantly to the precise equivalent you need without first "rerouting" you through a maze of other irrelevant terms and phrases. Gender neutral equivalents are provided, and in cases where the nongender neutral term is the norm, both are given.Wiley's English/Spanish and Spanish/English Legal Dictionary puts all important English and Spanish legal terms at the fingertips of attorneys, businesspeople, paralegals, and law students. It belongs on the shelves of law firms, libraries, businesses, and international agencies. It is also an essential communications tool for translators, interpreters, and civil servants.

Climate Change Policy

Climate Change Policy PDF Author: Michael Bothe
Publisher: Eleven International Publishing
ISBN: 9077596054
Category : Political Science
Languages : en
Pages : 458

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Book Description
This book presents the research results of an interdisciplinary study on climate change policies by the Enforcing Environmental Policy (EEP) Network, a project supported by the Human Dimension Potential Programme. Contributions are from highly qualified economic and legal specialists based at research institutes across Europe. The book gives answers to several questions related to the implementation of the international rules on climate change, most notably the Kyoto Protocol. It analyses ways and means to facilitate and encourage compliance with the objectives of the Kyoto Protocol. It is addressed to policy-makers, academics, business-sector and stakeholders throughout and outside Europe. Due to its interdisciplinary approach, this work is a distinctive and unique product compared to the existing literature on the subject. The effective implementation of climate protection and clean air policy requires an understanding of the political, legal and economic structures and constraints facing policy makers - and this is exactly what this book offers.

The Oxford Handbook of Latin American Economics

The Oxford Handbook of Latin American Economics PDF Author: José Antonio Ocampo
Publisher: Oxford Handbooks
ISBN: 9780198716136
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
Latin America has been central to the main debates on development economics, ranging from the relationships between income inequality and economic growth, and the importance of geography versus institutions in development, to debates on the effects of trade, trade openness and protection on growth and income distribution. Despite increasing interest in the region there are few English language books on Latin American economics. This Handbook, organized into five parts, aims to fill this significant gap. Part I looks at long-term issues, including the institutional roots of Latin America's underdevelopment, the political economy of policy making, the rise, decline and re-emergence of alternative paradigms, and the environmental sustainability of the development pattern. Part II considers macroeconomic topics, including the management of capital account booms and busts, the evolution and performance of exchange rate regimes, the advances and challenges of monetary policies and financial development, and the major fiscal policy issues confronting the region, including a comparison of Latin American fiscal accounts with those of the OECD. Part III analyzes the region's economies in global context, particularly the role of Latin America in the world trade system and the effects of dependence on natural resources (characteristic of many countries of the region) on growth and human development. It reviews the trends of foreign direct investment, the opportunities and challenges raised by the emergence of China as buyer of the region's commodities and competitor in the world market, and the transformation of the Latin America from a region of immigration to one of massive emigration. Part IV deals with matters of productive development. At the aggregate level it analyzes issues of technological catching up and divergence as well as different perspectives on the poor productivity and growth performance of the region during recent decades. At the sectoral level, it looks at agricultural policies and performance, the problems and prospects of the energy sector, and the effects on growth of lagging infrastructure development. Part V looks at the social dimensions of development; it analyzes the evolution of income inequality, poverty, and economic insecurity in the region, the evolution of labor markets and the performance of the educational sector, as well as the evolution of social assistance programs and social security reforms in the region. The contributors are leading researchers that belong to different schools of economic thought and most come from countries throughout Latin America, representing a range of views and recognising the diversity of the region. This Handbook is a significant contribution to the field, and will be of interest to academics, graduate students and policy makers interested in economics, political economy, and public policy in Latin America and other developing economies.

Rise Trading State

Rise Trading State PDF Author: Richard Rosecrance
Publisher: Basic Books
ISBN: 9780465070367
Category : Business & Economics
Languages : en
Pages : 292

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Book Description
What will power look like in the century to come? Imperial Great Britain may have been the model for the nineteenth century, Richard Rosecrance writes, but Hong Kong will be the model for the twenty-first. We are entering the Age of the Virtual State -- when land and its products are no longer the primary source of power, when managing flows is more important than maintaining stockpiles, when service industries are the greatest source of wealth and expertise and creativity are the greatest natural resources.Rosecrance's brilliant new book combines international relations theory with economics and the business model of the virtual corporation to describe how virtual states arise and operate, and how traditional powers will relate to them. In specific detail, he shows why Japan's kereitsu system, which brought it industrial dominance, is doomed; why Hong Kong and Taiwan will influence China more than vice-versa; and why the European Union will command the most international prestige even though the U.S. may produce more wealth.

Business Solutions for the Global Poor

Business Solutions for the Global Poor PDF Author: V. Kashturi Rangan
Publisher: John Wiley & Sons
ISBN: 0787988545
Category : Business & Economics
Languages : en
Pages : 455

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Book Description
Based on research presented at The Harvard Business School’s first-ever conference on business approaches to poverty alleviation, Business Solutions for the Global Poor brings together perspectives from leading academics and corporate, non-profit and public sector managers. The contributors draw on practical and dynamic how-to insights from leading BOP ventures from more than twenty countries world-wide. This important volume reflects poverty’s multi-faceted nature and a broad range of actors—multinational and local businesses, entrepreneurs, civil society organizations and governments—that play a role in its alleviation.