Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Global Waves of Debt
Author: M. Ayhan Kose
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Publisher: World Bank Publications
ISBN: 1464815453
Category : Business & Economics
Languages : en
Pages : 403
Book Description
The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Impact of Mobile Payment Applications and Transfers on Business
Author: Opati, Thaisaiyi Zephania
Publisher: IGI Global
ISBN: 1799824004
Category : Business & Economics
Languages : en
Pages : 311
Book Description
Consumers continue to rely heavily on their phones to complete such tasks as transferring funds between banks or accounts, depositing or withdrawing funds, paying bills, and purchasing items. Mobile money users are oftentimes more financially resilient and can protect themselves better against economic and other shocks. Moreover, mobile money can increase the velocity of money in circulation because it reduces the transactions and time costs of making retail payments. As such, understanding the impact of mobile payments is imperative for businesses and the economy. Impact of Mobile Payment Applications and Transfers on Business is a pivotal reference source that provides vital research on mobile money transfer and its impact in social, corporate, and micro- and macro-policies concerning the aggregate economy and individual households as a whole within an economy. It covers the impact, innovations, business-to-business transformations, regulatory framework, challenges, and ethical issues surrounding mobile money transfers around the world. This book is ideally designed for economists, financial analysts, business managers, leaders, scholars, practitioners, researchers, and students in fields that include management, finance, economics, commerce, and leadership.
Publisher: IGI Global
ISBN: 1799824004
Category : Business & Economics
Languages : en
Pages : 311
Book Description
Consumers continue to rely heavily on their phones to complete such tasks as transferring funds between banks or accounts, depositing or withdrawing funds, paying bills, and purchasing items. Mobile money users are oftentimes more financially resilient and can protect themselves better against economic and other shocks. Moreover, mobile money can increase the velocity of money in circulation because it reduces the transactions and time costs of making retail payments. As such, understanding the impact of mobile payments is imperative for businesses and the economy. Impact of Mobile Payment Applications and Transfers on Business is a pivotal reference source that provides vital research on mobile money transfer and its impact in social, corporate, and micro- and macro-policies concerning the aggregate economy and individual households as a whole within an economy. It covers the impact, innovations, business-to-business transformations, regulatory framework, challenges, and ethical issues surrounding mobile money transfers around the world. This book is ideally designed for economists, financial analysts, business managers, leaders, scholars, practitioners, researchers, and students in fields that include management, finance, economics, commerce, and leadership.
Philippines
Author: International Monetary Fund. Asia and Pacific Dept
Publisher: International Monetary Fund
ISBN: 1484326881
Category : Business & Economics
Languages : en
Pages : 43
Book Description
This Selected Issues paper assesses potential spillover effects to the Philippines from US policy shifts and lower growth in China. The US fiscal expansion affects the Philippine economy through the interest rate and the trade channels. The net spillover impact on Philippine GDP is negative in the short term. Compared with the productive case, in which the net output impact is positive, the US nominal policy rate rises by less, but faster normalization of the US term premium leads to higher real interest rates. On the other hand, the gain from trade is smaller owing to the weaker domestic demand expansion in the United States.
Publisher: International Monetary Fund
ISBN: 1484326881
Category : Business & Economics
Languages : en
Pages : 43
Book Description
This Selected Issues paper assesses potential spillover effects to the Philippines from US policy shifts and lower growth in China. The US fiscal expansion affects the Philippine economy through the interest rate and the trade channels. The net spillover impact on Philippine GDP is negative in the short term. Compared with the productive case, in which the net output impact is positive, the US nominal policy rate rises by less, but faster normalization of the US term premium leads to higher real interest rates. On the other hand, the gain from trade is smaller owing to the weaker domestic demand expansion in the United States.
The Financial Statecraft of Emerging Powers
Author: L. Armijo
Publisher: Springer
ISBN: 1137429380
Category : Political Science
Languages : en
Pages : 264
Book Description
Financial statecraft' goes beyond sanctions against rogue states. The aims of financial statecraft may be defensive or offensive, its targets bilateral or systemic, and its instruments financial or monetary. Regions and countries profiled include Argentina, Venezuela, Brazil, India, Southeast Asia, China, and Japan.
Publisher: Springer
ISBN: 1137429380
Category : Political Science
Languages : en
Pages : 264
Book Description
Financial statecraft' goes beyond sanctions against rogue states. The aims of financial statecraft may be defensive or offensive, its targets bilateral or systemic, and its instruments financial or monetary. Regions and countries profiled include Argentina, Venezuela, Brazil, India, Southeast Asia, China, and Japan.
Latin America
Author: Ms.Dora M. Iakova
Publisher: International Monetary Fund
ISBN: 1498328164
Category : Business & Economics
Languages : en
Pages : 270
Book Description
Over the past fifteen years countries in Latin America made tremendous progress in strengthening their economies and improving living standards. Although output fell temporarily during the global financial crisis, most economies staged a rapid recovery. However, economic activity across the region has been cooling off and the region is facing a more challenging period ahead. This book argues that Latin America can rise to the challenge, and policymakers in the region are already implementing reforms in education, energy, and other sectors. More is needed, and more is possible, in Latin America’s quest to continue to improve living standards.
Publisher: International Monetary Fund
ISBN: 1498328164
Category : Business & Economics
Languages : en
Pages : 270
Book Description
Over the past fifteen years countries in Latin America made tremendous progress in strengthening their economies and improving living standards. Although output fell temporarily during the global financial crisis, most economies staged a rapid recovery. However, economic activity across the region has been cooling off and the region is facing a more challenging period ahead. This book argues that Latin America can rise to the challenge, and policymakers in the region are already implementing reforms in education, energy, and other sectors. More is needed, and more is possible, in Latin America’s quest to continue to improve living standards.
Global Economic Prospects 2007
Author: World Bank
Publisher: World Bank Publications
ISBN: 0821367285
Category : Business
Languages : en
Pages : 216
Book Description
Over the next 25 years developing countries will move to center stage in the global economy. Global Economic Prospects 2007 analyzes the opportunities - and stresses - this will create. While rich and poor countries alike stand to benefit, the integration process will make more acute stresses already apparent today - in income inequality, in labor markets, and in the environment. Over the next 25 years, rapid technological progress, burgeoning trade in goods and services, and integration of financial markets create the opportunity for faster long-term growth. However, some regions, notably Africa, are at risk of being left behind. The coming globalization will also see intensified stresses on the "global commons." Addressing global warming, preserving marine fisheries, and containing infectious diseases will require effective multilateral collaboration to ensure that economic growth and poverty reduction proceed without causing irreparable harm to future generations."
Publisher: World Bank Publications
ISBN: 0821367285
Category : Business
Languages : en
Pages : 216
Book Description
Over the next 25 years developing countries will move to center stage in the global economy. Global Economic Prospects 2007 analyzes the opportunities - and stresses - this will create. While rich and poor countries alike stand to benefit, the integration process will make more acute stresses already apparent today - in income inequality, in labor markets, and in the environment. Over the next 25 years, rapid technological progress, burgeoning trade in goods and services, and integration of financial markets create the opportunity for faster long-term growth. However, some regions, notably Africa, are at risk of being left behind. The coming globalization will also see intensified stresses on the "global commons." Addressing global warming, preserving marine fisheries, and containing infectious diseases will require effective multilateral collaboration to ensure that economic growth and poverty reduction proceed without causing irreparable harm to future generations."
Riding the Wave
Author: Wave Chow
Publisher: 經濟日報出版社
ISBN: 9888501410
Category : Business & Economics
Languages : en
Pages : 224
Book Description
The book details the team management challenges that Wave has encountered over the years. I believe that every team manager in the insurance industry must feel the same with these challenges and hardships. Mr Alwin Lam Honorary Chairman of AIA Hong Kong and Macau Wave shared his experiences about how he subtly turned a family's opposition into support by asking a few questions. Besides, he also introduced his original "Eight-Step Move", "Seven-part DOOPARS", "5A Evaluation Method" and so on, which are practical. Mr Kanki Lam Senior District Director, AIA Hong Kong This book not only teaches people to build an insurance team, but is also about business cheats and the philosophy of life. So, in addition to insurance practitioners, anyone who wants to make a difference in their careers should read this book. Dr FrankieYeung, BBS, MH, JP Member, Performing Arts Committee (West Kowloon Cultural Authority) I sincerely recommend this book to all practitioners in the insurance industry. There isn't much self-promotion in this book, but it describes in detail how the author started at the bottom then climbed to the top of the industry to create a 100% MDRT team that is strong and invincible. Mr Tan Kar Hor The founder of Life Connection Training Consultancy and Chairman of CIA 500
Publisher: 經濟日報出版社
ISBN: 9888501410
Category : Business & Economics
Languages : en
Pages : 224
Book Description
The book details the team management challenges that Wave has encountered over the years. I believe that every team manager in the insurance industry must feel the same with these challenges and hardships. Mr Alwin Lam Honorary Chairman of AIA Hong Kong and Macau Wave shared his experiences about how he subtly turned a family's opposition into support by asking a few questions. Besides, he also introduced his original "Eight-Step Move", "Seven-part DOOPARS", "5A Evaluation Method" and so on, which are practical. Mr Kanki Lam Senior District Director, AIA Hong Kong This book not only teaches people to build an insurance team, but is also about business cheats and the philosophy of life. So, in addition to insurance practitioners, anyone who wants to make a difference in their careers should read this book. Dr FrankieYeung, BBS, MH, JP Member, Performing Arts Committee (West Kowloon Cultural Authority) I sincerely recommend this book to all practitioners in the insurance industry. There isn't much self-promotion in this book, but it describes in detail how the author started at the bottom then climbed to the top of the industry to create a 100% MDRT team that is strong and invincible. Mr Tan Kar Hor The founder of Life Connection Training Consultancy and Chairman of CIA 500
Emerging Markets in an Upside Down World
Author: Jerome Booth
Publisher: John Wiley & Sons
ISBN: 1118879678
Category : Business & Economics
Languages : en
Pages : 280
Book Description
The world is upside down. The emerging market countries are more important than many investors realise. They have been catching up with the West over the past few decades. Greater market freedom has spread since the end of the Cold War, and with it institutional changes which have further assisted emerging economies in becoming more productive, flexible, and resilient. The Western financial crisis from 2008 has quickened the pace of the relative rise of emerging markets - their relative economic power, and with it political power, but also their financial power as savers, investors and creditors. Emerging Markets in an Upside Down World - Challenging Perceptions in Asset Allocation and Investment argues that finance theory has misunderstood risk and that this has led to poor investment decisions; and that emerging markets constitute a good example of why traditional finance theory is faulty. The book accurately describes the complex and changing global environment currently facing the investor and asset allocator. It raises many questions often bypassed because of the use of simplifying assumptions and models. The narrative builds towards a checklist of issues and questions for the asset allocator and investor and then to a discussion of a variety of regulatory and policy issues. Aimed at institutional and retail investors as well as economics, finance, business and international relations students, Emerging Markets in an Upside Down World covers many complex ideas, but is written to be accessible to the non-expert.
Publisher: John Wiley & Sons
ISBN: 1118879678
Category : Business & Economics
Languages : en
Pages : 280
Book Description
The world is upside down. The emerging market countries are more important than many investors realise. They have been catching up with the West over the past few decades. Greater market freedom has spread since the end of the Cold War, and with it institutional changes which have further assisted emerging economies in becoming more productive, flexible, and resilient. The Western financial crisis from 2008 has quickened the pace of the relative rise of emerging markets - their relative economic power, and with it political power, but also their financial power as savers, investors and creditors. Emerging Markets in an Upside Down World - Challenging Perceptions in Asset Allocation and Investment argues that finance theory has misunderstood risk and that this has led to poor investment decisions; and that emerging markets constitute a good example of why traditional finance theory is faulty. The book accurately describes the complex and changing global environment currently facing the investor and asset allocator. It raises many questions often bypassed because of the use of simplifying assumptions and models. The narrative builds towards a checklist of issues and questions for the asset allocator and investor and then to a discussion of a variety of regulatory and policy issues. Aimed at institutional and retail investors as well as economics, finance, business and international relations students, Emerging Markets in an Upside Down World covers many complex ideas, but is written to be accessible to the non-expert.
How Latin America Weathered the Global
Author: José De Gregorio
Publisher: Peterson Institute for International Economics
ISBN: 088132678X
Category : Business & Economics
Languages : en
Pages : 197
Book Description
The global financial and economic turmoil of 2008–09 plunged Europe and the United States into their worst economic downturns in 75 years. Many experts feared that developing regions like Latin America, which had experienced many of their own crises in recent decades, would be even worse affected. Instead, Latin America suffered only limited damage. Indeed the region’s GDP is 20 percent higher than its pre-crisis level. José De Gregorio, governor of the Central Bank of Chile from 2007 to 2011, explains Latin America’s success with a perspective that only an insider can have. This book focuses mainly on the seven largest economies of Latin America—Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela—which together account for more than 90 percent of regional output. The author argues that strong performance during the crisis resulted from the sound macroeconomic and financial policies that these countries followed beforehand. Their accomplishments allowed them to undertake significant monetary and fiscal expansion in the context of robust financial systems. De Gregorio acknowledges that there was also an element of luck—in terms of improved terms of trade. This is a candid, searching, and dramatic case study of crisis preparation—and crisis management.
Publisher: Peterson Institute for International Economics
ISBN: 088132678X
Category : Business & Economics
Languages : en
Pages : 197
Book Description
The global financial and economic turmoil of 2008–09 plunged Europe and the United States into their worst economic downturns in 75 years. Many experts feared that developing regions like Latin America, which had experienced many of their own crises in recent decades, would be even worse affected. Instead, Latin America suffered only limited damage. Indeed the region’s GDP is 20 percent higher than its pre-crisis level. José De Gregorio, governor of the Central Bank of Chile from 2007 to 2011, explains Latin America’s success with a perspective that only an insider can have. This book focuses mainly on the seven largest economies of Latin America—Argentina, Brazil, Chile, Colombia, Mexico, Peru, and Venezuela—which together account for more than 90 percent of regional output. The author argues that strong performance during the crisis resulted from the sound macroeconomic and financial policies that these countries followed beforehand. Their accomplishments allowed them to undertake significant monetary and fiscal expansion in the context of robust financial systems. De Gregorio acknowledges that there was also an element of luck—in terms of improved terms of trade. This is a candid, searching, and dramatic case study of crisis preparation—and crisis management.
Riding the Millennial Storm
Author: Mani Kiran
Publisher: Wiley
ISBN: 9780471832058
Category : Business & Economics
Languages : en
Pages : 0
Book Description
First-hand information about Dr. Doom's financial predictions for the millennium. Dr. Marc Faber, a.k.a. Dr. Doom, offers here his financial ideas, theories, and predictions for the forthcoming millennium. Written by the ever entertaining and brilliant Nury Vittachi, this book offers a fascinating and unique insight into the eccentric world of Faber, the financial guru extraordinaire. The book also features a detailed portrait of Faber, the man, including insights into the unconventional way Faber conducts his research, his background, and his history of his winning and losing predictions. Marc Faber, PhD (Hong Kong) is an investment advisor and publisher of the "Gloom, Boom, and Doom" Reports. Nury Vittachi (Hong Kong) is one of Asia's most popular writers and speakers.
Publisher: Wiley
ISBN: 9780471832058
Category : Business & Economics
Languages : en
Pages : 0
Book Description
First-hand information about Dr. Doom's financial predictions for the millennium. Dr. Marc Faber, a.k.a. Dr. Doom, offers here his financial ideas, theories, and predictions for the forthcoming millennium. Written by the ever entertaining and brilliant Nury Vittachi, this book offers a fascinating and unique insight into the eccentric world of Faber, the financial guru extraordinaire. The book also features a detailed portrait of Faber, the man, including insights into the unconventional way Faber conducts his research, his background, and his history of his winning and losing predictions. Marc Faber, PhD (Hong Kong) is an investment advisor and publisher of the "Gloom, Boom, and Doom" Reports. Nury Vittachi (Hong Kong) is one of Asia's most popular writers and speakers.