What difference does it make, and for whom, whether the nonperforming debts of emerging market borrowers are restructured? This paper begins by positing a set of counterfactual conditions under which restructuring would not matter, and then shows how several ways in which the actual world of...

In seinem Lehrbuch behandelt Thorsten Ingo Schmidt das Finanzverfassungs-, Haushalts- und Vermögensrecht von Bund, Ländern, Kommunen, Sozialversicherungen und Europäischer Union. Ausgehend von den historischen und systematischen Grundlagen stellt er zunächst das Finanzverfassungsrecht im...

1. Introduction; Nadia Linciano, Claudia Guagliano and Paola Soccorso -- Part I. Disclosing Non-financial Information -- 2.The Role of Finance in Sustainable Growth; -- 3. Information as a Driver of Sustainable Finance; S. Lovisolo -- Part II. The State of the Market -- 4. Corporate Governance and...

This study explores the effects of state-imposed local tax and expenditure limits or TELs on the budgetary solvency of city governments in the US. Most local TELs were enacted in the late 1970s and early 1980s, and have remained largely unchanged in the last three to four decades. These...

"This comprehensive Research Handbook provides an in-depth analysis of the different financial law approaches, legal systems and trends throughout Asia. Considering how reforms following the crises have been critical for the development and growth of the region, this insightful book explores a...

Webb discusses fiscal responsibility laws in Latin America, with special attention to their provisions for fiscal discipline by subnational governments. He discusses why and when such laws might be useful - to help resolve the coordination problem in getting diverse governments to avoid...

The International Handbook of Public Financial Management is a virtual encyclopedia of public financial management, written by topmost experts, many with a background in the IMF and World Bank. It provides the first comprehensive guide to the subject that has been published in more than ten...

Financing Africa's development requires ingenuity, discipline, and an understanding of fiscal systems - the entirety of government revenues and expenditures, including taxation and debt. This book makes fascinating what might seem at first glance complex. It describes diverse approaches that...

Chapter 1. Understanding Compliance with Laws and Regulations: A Mechanism-Based Approach; Anthony Bottoms.- Chapter 2. Legitimacy and Regulatory Compliance; Justice Tankebe.- Chapter 3. The Uncertain Professional Status of Compliance; James A. Fanto.- Chapter 4. Compliance: From Soft Law to Hard...

This book explains Islamic commercial laws, economics, banking, finance, and capital market. It provides educative materials for lawyers, practitioners, regulators, students taking Islamic banking and finance courses and those who are interested in learning more about the Islamic finance...

"Cryptoassets represent one of the most high-profile financial products in the world, and fastest growing financial products in history. From Bitcoin, Etherium, and Ripple's XRP -- so called 'utility tokens' used to access financial services -- to initial coin offerings that in 2017 rivaled...

Sustainable public debt has gained renewed attention as countries implement fiscal consolidation measures in the aftermath of the global financial crisis. Sound public debt policies and debt management practices require robust legal underpinnings. Complex legal issues however arise in the design...

Cover -- Titel -- Impressum -- Inhalt -- 1. Einführung -- 2. Hintergrundwissen -- 2.1 Warum Kryptowährungen (I): Vorspann -- 2.1.1 Feuerwehrleute, Systemrelevanz und Steuergelder -- 2.1.2 Ein Computer für 500 Kg Kartoffeln, bitte! -- 2.1.3 Notenbanken und Inflation -- 2.1.4 Die Aliens und das...

Regulatory parity in post-Brexit UK-EU financial regulation : EU norms, international financial standards, or a hybrid model? / Eilís Ferran -- The UK financial market : free movement of persons / Catherine Barnard -- EU financial governance after Brexit : the rise of technocracy and the...