Download or read book Colombia the Investment Banking System and Related Issues in the Financial Sector written by and published by . This book was released on 1985 with total page 136 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Accounting and Finance written by Reza Gharoie Ahangar and published by BoD – Books on Demand. This book was released on 2019-12-18 with total page 150 pages. Available in PDF, EPUB and Kindle. Book excerpt: Accounting and finance are common terms for users of financial information. Nowadays the reporting of financial as well as non-financial information of an entity, and efficiency in the banking system, are considered to be important issues by creditors, investors, and managers of financial markets.Over four sections this book addresses topics including national accounting standards and financial statement disclosure; foreign direct investment and the roles of accounting valuations and earnings management during the global financial crisis; and bankruptcy risk, banking efficiency, and debt restructuring in the United Nations General Assembly Resolution.

Download or read book Financial Sector Reform written by N. Mathieu and published by World Bank Publications. This book was released on 1998 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Soon after its declaration of independence, Lithuania launched a program of market-based economic reforms that achieved remarkable results. However, a banking crisis erupted in January 1996, driven by a combination of ineffective bank supervision, poor bank practices, and deep-rooted sectoral imbalances. With financial support from the World Bank, Lithuanian authorities embarked on a broad economic reform program with two immediate objectives: the resolution of the banking system's operational and undercapitalization problems, and a reduction in the most severe imbalances in the economy. Volume I (see ordering information below) distills findings and conclusions and builds a policy action plan for fast stable growth. Volume II contains a collection of twelve policy notes that provide the technical analysis behind that plan. Also available: Volume II/Analytical Backgroung(ISBN 0-8213-4327-0) Stock no. 14327.

Download or read book Financial System Structure in Colombia written by Javier de la Cruz and published by World Bank Publications. This book was released on 2006 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this policy paper is to identify and propose high-level legal and regulatory reforms to Colombia's financial system structure that would enhance efficiency and/or mitigate risks. Five specific and four general reforms are proposed and evaluated based on their compatibility with the aforementioned objectives, ease of implementation, impact, and consistency with international practice. Potential implications for supervision and competition, as well as likely criteria for developing a carefully sequenced reform roadmap, are also highlighted.

Download or read book The Report Colombia 2014 written by Oxford Business Group and published by Oxford Business Group. This book was released on 2013-08-25 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Indeed, the sound performance of the construction sector, strong investment in public works, restored consumer confidence and a recovery in the hydrocarbons industry enabled Colombia’s economy to regain dynamism and end 2013 with growth of 4.7%. Attracting a record $16.36bn in foreign direct investment in 2013, an 8.2% rise on the previous year, the Andean economy assured its spot among the region’s top investment targets. As in previous years, hydrocarbons attracted the lion’s share of FDI to the country, accounting for 81.6% of the total. While GDP grew by just 2.9% in the first quarter of 2014, the central bank forecasts growth of 4.3% for the year. With the possibility of a peace deal with the Revolutionary Armed Forces of Colombia (FARC), the next few years could see economic performance enhanced by improved agricultural and energy outputs, as well as increased FDI inflows.

Download or read book Foreign Investment in Colombia s Financial Sector written by Mr.Adolfo Barajas and published by International Monetary Fund. This book was released on 1999-11-01 with total page 40 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study analyzes foreign investment in Colombia’s financial system, chronicling major changes in legislation, describing how investment flows evolved over time, and comparing performance of foreign–owned versus domestic banks. Panel data estimations reveal that financial liberalization in general had a beneficial impact on bank behavior in Colombia. Although the positive contribution of foreign entry may be overstated in recent studies by not controlling for other liberalization factors, foreign (and domestic) entry beginning in 1990 did improve bank behavior by enhancing operative efficiency and competition. However, this came at the expense of a deterioration in the loan quality of domestic banks.

Download or read book The Financial Crisis Inquiry Report written by Financial Crisis Inquiry Commission and published by Cosimo, Inc.. This book was released on 2011-05-01 with total page 692 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Financial Crisis Inquiry Report, published by the U.S. Government and the Financial Crisis Inquiry Commission in early 2011, is the official government report on the United States financial collapse and the review of major financial institutions that bankrupted and failed, or would have without help from the government. The commission and the report were implemented after Congress passed an act in 2009 to review and prevent fraudulent activity. The report details, among other things, the periods before, during, and after the crisis, what led up to it, and analyses of subprime mortgage lending, credit expansion and banking policies, the collapse of companies like Fannie Mae and Freddie Mac, and the federal bailouts of Lehman and AIG. It also discusses the aftermath of the fallout and our current state. This report should be of interest to anyone concerned about the financial situation in the U.S. and around the world.THE FINANCIAL CRISIS INQUIRY COMMISSION is an independent, bi-partisan, government-appointed panel of 10 people that was created to "examine the causes, domestic and global, of the current financial and economic crisis in the United States." It was established as part of the Fraud Enforcement and Recovery Act of 2009. The commission consisted of private citizens with expertise in economics and finance, banking, housing, market regulation, and consumer protection. They examined and reported on "the collapse of major financial institutions that failed or would have failed if not for exceptional assistance from the government."News Dissector DANNY SCHECHTER is a journalist, blogger and filmmaker. He has been reporting on economic crises since the 1980's when he was with ABC News. His film In Debt We Trust warned of the economic meltdown in 2006. He has since written three books on the subject including Plunder: Investigating Our Economic Calamity (Cosimo Books, 2008), and The Crime Of Our Time: Why Wall Street Is Not Too Big to Jail (Disinfo Books, 2011), a companion to his latest film Plunder The Crime Of Our Time. He can be reached online at www.newsdissector.com.

Download or read book Colombia written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2014-06-23 with total page 86 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper analyzes spillover risks for Colombia. It highlights that external shocks could spill over to the Colombian economy through the country’s important and growing trade and financial linkages with the rest of the world. Colombia would be most exposed to a decline in oil prices, which could have a sizable adverse impact on the balance of payments, the fiscal accounts and growth. Growth shocks in key trading partners could also have a negative impact, particularly in the United States, which is Colombia’s main trading partner. Colombia’s fiscal rule and adjustment in the context of resource wealth is also analyzed.

Download or read book Colombia Financial Sector Assessment Program Detailed Assessment of Observance of the Basel Core Principles for Effective Banking Supervision written by International Monetary and published by International Monetary Fund. This book was released on 2022-05-11 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: There have been significant improvements to the legal framework and the supervisory process since the last Basel Core Principles (BCP) review; some additional recommended enhancements are highlighted in this assessment. The Superintendency of Financial Institutions (SFC) is an integrated supervisor with a purview that includes banks, finance companies, insurance, securities, and other financial intermediaries. Additionally, the SFC is also the bank resolution authority. To strengthen consolidated supervision, Congress passed Financial Conglomerates Law (FCL) 1870 addressing the supervision of financial conglomerates and granting the SFC supervisory authority over financial conglomerates (CF).2 The FCL strengthened the framework for consolidated supervision, which already included banks and their subsidiaries, by adding holding companies as supervised entities. Moreover, it defined the scope of supervision of financial conglomerates, setting standards with regards to risk management, adequate capital, and corporate governance, as well as minimum requirements for managing concentration risks and conflicts of interest in intragroup and related party exposures. The SFC has strong coordination and cooperation arrangements with foreign supervisors (through signed Memoranda of Understanding (MOUs) and the coordination mechanisms derived from the CCSBSO, among others) as well as the authority to request information from parent companies, all of which were further enhanced with the issuance of the FCL. Additionally, the SFC has access and authority to require information from ultimate beneficial owners.

Download or read book Courting Turmoil and Deferring Prosperity written by Jorge Garc©?a Garc©?a and published by World Bank Publications. This book was released on 1997-01-01 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume is part of a recently completed research project at the World Bank that reviewed the macroeconomic experience of 18 developing countries from the mid-1960s. The period encompassed two oil shocks, two world recessions, a sharp rise in world interest rates, the debt crisis, and changes in exchange rate regimes. In this context, Colombia provides an almost unparalleled example of steady long-term economic growth despite external shocks, political crises, civil strife, reliance on a single, dominant commodity (coffee), and the rising importance of illicit drugs in the economy. 'Courting Turmoil and Deferring Prosperity' looks at how Colombia managed to avoid major prolonged economic crises against all odds. Its economy has confronted several external and internal shocks from the mid-1960s, mainly due to the country's reliance on exports of coffee, the price volatility of which can greatly affect the economy. The period also witnessed major policy changes, including a long-term shift from an essentially inward-oriented development strategy, based on industrialization through import substitution, to an outward-oriented, export-led strategy. The authors' analysis differs from most existing literature on the Colombian economy in two important ways: it evaluates policy responses to shocks in terms of their success in achieving short-run stabilization, as well as their impact on long-run growth; and it explores the intimate links between economic policies and the specific political and social ideologies, institutions, and structures in Colombia that have historically conditioned government policymaking. The report also highlights the role of prudent macroeconomic policies for crisis avoidance and analyzes the links between fiscal policy, trade policy, and exchange rates.

Download or read book Colombia written by Robert Henry Davis and published by Oxford, England ; Santa Barbara, Calif. : Clio Press. This book was released on 1990 with total page 236 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Crisis in Colombia written by Jesse Helms and published by DIANE Publishing. This book was released on 2001-04 with total page 73 pages. Available in PDF, EPUB and Kindle. Book excerpt: Witnesses include: Barry McCaffrey, Director, Office of National Drug Control Policy; Thomas R. Pickering, Under Secretary of State for Political Affairs, U.S. Department of State; Paul Coverdell, U.S. Senator from Georgia, Subcommittee on Western Hemisphere, Peace Corps, Narcotics, and Terrorism, Foreign Relations Committee; and Mike DeWine, U.S. Senator from Ohio.

Download or read book Financial Sector Dimensions of the Colombian Pension System written by and published by World Bank Publications. This book was released on 2007 with total page 92 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides an assessment of the funded pension system and the quality of the regulatory framework for both accumulation and payout phase. It suggests that the lack of portfolio diversification may contribute in the future to low returns and poor pensions and provides a number of recommendations to expand the opportunities of investments to pension funds. The paper also finds that pension fund administrators are not exploiting the scale economies in certain areas of the business such as collection of revenues and account management, and proposes mechanisms to reduce costs and increase efficiency through greater competition. The paper examines the products and options offered at retirement age and finds a bias toward the payment of pensions in the form of lump sums and suggests alternatives for improving the availability of other instruments. Enhancements to the regulatory framework of insurance companies are also proposed.

Download or read book Colombia written by World Bank and published by . This book was released on 1984 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report provides a survey and analysis of Colombia's developmental experience and its principal features. The purpose of the review is to identify factors that have contributed to past performance, to set recent developments and prospects in better perspective and to assist in framing the relevant issues for policy formulation. It discusses major trends in economic growth, demographic factors, incomes and poverty, and analyzes macroeconomic and financial policies that have influenced past events, bringing out needed redirections in these areas. Public finances are treated in some detail, showing how their management can determine the flexibility and effectiveness with which economic policies affect outcomes. The agriculture and industry sectors are reviewed, underscoring factors that have shaped past and recent developments and proposing a framework for policy. Some conclusions about future strategic issues for Colombia's development policy are attempted.

Download or read book Crisis in Colombia written by United States. Congress. Senate. Committee on Foreign Relations and published by . This book was released on 2000 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Colombia Doing Business and Investing in Colombia Guide Volume 1 Strategic and Practical Information written by IBP, Inc. and published by Lulu.com. This book was released on 2015-06 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: Colombia: Doing Business and Investing in ... Guide Volume 1 Strategic, Practical Information, Regulations, Contacts

Download or read book Analyses and Projections of Economic Development written by United Nations. Economic Commission for Latin America and published by . This book was released on 1957 with total page 478 pages. Available in PDF, EPUB and Kindle. Book excerpt: