FINANCIAL LIBERALIZATION
The two waves of financial liberalization in Latin America
... Cone's financial crises also surpassed the relative importance they attained in the other countries facing a negative external ...higher financial fragility (both countries), or for fewer available policy ...
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FINANCIAL LIBERALIZATION, SAVINGS, AND ECONOMIC DEVELOPMENT IN PAKISTAN
... The purpose of this article is to provide empirical evidence concerning McKinnon’s complementarity hypothesis for Pakistan. Using annual time-series data for the period 1959–60 to 1994–95 we found strong support for ...
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Financial liberalization in Colombia and its effect in the capacity of the country to enforce anti money laundering policies
... control financial institutions so they comply with their AML legislation, but in no way are they able to fully control the increased number of transactions that the removal of barriers promotes, nor can they ...
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THE MEXICAN ECONOMY AFTER TWO DECADES OF TRADE LIBERALIZATION
... trade liberalization and FDI with economic growth is weak, the evidence of the benefits of liberalizing capital flows is even more ...that financial liberalization is often followed by ...
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Descargar
... between financial markets’ evolution and regulation ...the financial market, as time elapses since a banking regulation reform, there is a higher likelihood of new banking sector developments that can ...
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INTERNATIONAL FINANCIAL VOLATILITY
... Not only is the volatility of capital flows higher in developing countries than in developed economies, but the cost of volatility is also higher. The cost of currency and banking crises tend to be higher, and recovery ...
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Capital market liberalization and economic performance in Latin America
... the financial systems to allocate efficiently a strong injection of ...the financial markets give rise to a natural tendency for capital flows to induce major ...of financial and real assets, such as ...
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A cross national panel study of devaluations on disaggregated export sectors: A case for sector specific policies
... “With financial liberalization and improvement in information technology, devaluation may be more likely to be contractionary than before as it worsens the balance sheet of financial and nonfinancial ...
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EARNINGS EFFECTS OF MULTILATERAL TRADE LIBERALIZATION, The: IMPLICATIONS FOR POVERTY
... trade liberalization and poverty, a multi-region approach to the analysis is ...trade liberalization sidesteps this problem by focusing solely on the average, or per capita effects of trade ...
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Essays in corporate finance
... The main findings are as follows. The JGTRRA quasi-natural experiment shows that a one standard deviation decrease in creditworthiness as measured by re- tained earnings over total assets causes the share of unsecured ...
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Lessons from financial crises
... In the 2000s the AL region showed since 2003 a surplus current account result that turned into deficit since 2008 and reached a maximum deficit for the period in 2010. The regional aggregate surplus was determined by the ...
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Essays in financial history
... The study provides a clear example of funding illiquidity causing market illiquidity. Of course, today’s markets are different from the Berlin Stock Ex- change during the interwar period. The rise of algorithmic trading, ...
158
TRADE LIBERALIZATION AND INDUSTRY WAGE STRUCTURE: EVIDENCE FROM BRAZIL
... trade liberalization could potentially be accompanied by increases in minimum wages to compensate the potential ...trade liberalization does not necessarily lead to lower industry wages in the short ...
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Financial inclusion and inflation
... in financial inclusion and use of cash in Mexico can generate an ambiguous effect on the ...to financial instruments can be offset by another sector of the population that in parallel is increasing its use ...
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El afecto, las decisiones financieras y los mercados financieros. Affect, financial decision making, and financial markets
... (traditional financial reporting) or do not adhere to a behaviorally-based theoretical framework when measuring sentimental information (see ...the financial system if affect were reliably measured and ...
245
Financial and budgetary matters
... additional financial contributions made by many Contracting Parties through their Ramsar Administrative Authority and other agencies, including some development assistance agencies, and also the contributions made ...
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Essays on financial contagion
... The empirical strategy adopted in this chapter is using a vector autoregressive (VAR) framework for estimating the dynamic relationship among markets and afterwards performing the contagion test over the residual of the ...
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Forces Pushing to Trade Liberalization and Cooperation Agreements
... and theoretically political unions, which consequently imply different degrees of trade liberalization commitments. Now, with those clarifications made, it is time to develop the core issue.First, we have found ...
6
Domestic Preparedness for Trade in Services Liberalization: Are East African Countries prepared for Further Trade Liberalization?
... The service sector also stands at the heart of all development strate- gies in all East African countries. These development strategies provide a means in which the livelihood of all East African people will be realize ...
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Financial dollarization
... Several important policy implications were derived for countries that seek to limit asset substitution. To reduce dollarization, countries should target inflation rather than the real exchange rate. In practice, however, ...
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