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económica, más allá del cumplimiento escrupuloso de los procedimientos asociados a la condicionalidad. ; In IMF lending to … reforms contained in an economic program. The IMF periodically revises the design and conditionality of economic programs. One … of the key findings of the latest Review of Conditionality concluded in 2019, comprising programs between 2011 and 2017 …
Persistent link: https://www.econbiz.de/10012523783
Anger and optimism are coexisting themes related to the growing liberalization of international trade and the resultant … transforming forces of globalization. While international trade and globalization offer the world community many benefits, there … also appear to be negative consequences, particularly for least developed countries (LDCs). With increased trade and …
Persistent link: https://www.econbiz.de/10009443940
state, on the whole. Specifically, I examine three aspects associated with globalization, trade openness, investment and IMF … that open trade and investment lead to improved personal integrity rights. In addition, investment which originates from … the hegemon is especially likely to increase a state's respect for personal integrity rights. Conversely, IMF funding is …
Persistent link: https://www.econbiz.de/10009475090
As increasingly large volumes of sophisticated options (called derivative securities) are traded in world financial markets, determining a fair price for these options has become an important and difficult computational problem. Many valuation codes use the binomial pricing model, in which the...
Persistent link: https://www.econbiz.de/10009435800
design approach that allows dealing with the multiple equilibrium problem, using mechanisms that are robust to bounded … rationality. This approach is a tool for constructing supermodular mechanisms, i.e. mechanisms that induce games with strategic … supermodular mechanism whose equilibria are contained in the smallest interval among all supermodular mechanisms. This is followed …
Persistent link: https://www.econbiz.de/10009455293
Differential kinematics offers a simplified alternative to closed-form input-output equations needed to study the geometrical behaviour of linkages. For most linkages, these closed-form equations are either too messy or not possible to obtain, a fact that sometimes reflects negatively on how...
Persistent link: https://www.econbiz.de/10009484636
, which shows that syndication reduces the rate of lending costs, so that the return to the loan originator is greater, and …'s observed lending history is significant to its decision to participate in a new syndicated loan but that predictions of … potential participants' lending intentions. …
Persistent link: https://www.econbiz.de/10009438164
and rentability ratio in furnishing of working capital credit in PT. Bank Rakyat Indonesia. This research observes how … investment dan return on equity identified in furnishing of working capital credit. These ratios are also influenced by economy … factors that make them fluctuated.In this research, writter used debitors’ financial reporting who apply working capital …
Persistent link: https://www.econbiz.de/10009464762
incremental role that social capital plays in both individual lending decisions and outcomes. I find that lenders are more likely … to choose borrowers who have social capital; however, social capital does not impact the interest rate that borrowers pay …
Persistent link: https://www.econbiz.de/10009466072
We study the effect of government assistance on bank risk taking. Using hand-collected data on bank applications for government investment funds, we investigate the effect of both application approvals and denials. To distinguish banks? risk taking behavior from changes in economic conditions,...
Persistent link: https://www.econbiz.de/10009482955