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Spurred by stronger regulatory requirements, banks have steadily increased their capital ratios since the financial crisis. For a sample of 82 large global banks from advanced and emerging economies, retained earnings accounted for the bulk of the increase in risk-weighted capital ratios over...
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When addressing issues of global finance, we are accustomed to thinking of money as effectively insular: each currency sovereign within the territorial frontiers of a single state or monetary union. In fact, cross-border currency competition has become increasingly prevalent. Money today is...
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This paper re-introduces the georgic ethic and the role it has historically played in debates about new agricultural practices. Public engagement, participatory research, and greater local involvement in crafting new means to work the land flood the literature of agrarian studies. Putting the...
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This paper deals with the links between the development of new drugs, and particularly of innovative new drugs, and the international activities of U.S. drug companies. While U.S. drug companies have developed new production processes - the most notable being the fermentation process for making...
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