Download or read book LIBERALISATION INSTABILITE FINANCIERE ET INSTABILITE MACRO ECONOMIQUE written by CORINNE.. LE GALLIC and published by . This book was released on 1996 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: CE TRAVAIL ANALYSE ET INTEGRE DIFFERENTS ARGUMENTS THEORIQUES, PROVENANT DE DIFFERENTS CHAMPS DE RECHERCHE, PERMETTANT DE METTRE EN EVIDENCE L'EXISTENCE D'UN LIEN DE CAUSALITE ENTRE INSTABILITE FINANCIERE ET FLUCTUATIONS MACRO-ECONOMIQUES. DANS UN PREMIER TEMPS, NOUS PRESENTONS LES ARGUMENTS THEORIQUES PERMETTANT DE LIER LIBERALISATION ET INSTABILITE FINANCIERE. NOUS EXAMINONS DEUX COMPOSANTES DE L'INSTABILITE FINANCIERE: INSTABILITE BANCAIRE ET INSTABILITE DES MARCHES FINANCIERS. NOUS MONTRONS D'UNE PART QUE L'EVOLUTION DE L'ORGANISATION DES MARCHES FINANCIERS, DUE EN PARTIE AUX MESURES DE LIBERALISATION FINANCIERE, A ACCRU L'IMPORTANCE ET L'IMPACT SUR LES PRIX DE COMPORTEMENTS DESTABILISANTS (EN PARTICULIER MIMETIQUES) DES OPERATEURS, ET DONC LA VOLATILITE DES MARCHES. D'AUTRE PART, LA LIBERALISATION FINANCIERE, EN AUGMENTANT LA CONCURRENCE ENTRE INTERMEDIAIRES FINANCIERES, A ECRASE LEUR MARGE D'INTERET, SOURCE TRADITIONNELLE DE PROFIT. POUR COMPENSER CETTE PERTE DE REVENUS, LES BANQUES ONT DEVELOPPE LEURS OPERATIONS DE MARCHE. AINSI, LA RENTABILITE A LONG TERME NE SERA PEUT-ETRE PAS AFFECTEE, MAIS LES RESULTATS DEVRAIENT ETRE MOINS STABLES, ON DOIT S'ATTENDRE A UNE AUGMENTATION DES FLUCTUATIONS DES RESULTATS BANCAIRES. LA LIBERALISATION FINANCIERE A DONC DU ACCROITRE L'INSTABILITE FINANCIERE: AUGMENTATION DE LA VOLATILITE DES PRIX DES ACTIFS FINANCIERS ET DES FLUCTUATIONS DES RESULTATS BANCAIRES. DE PLUS, A LA FOIS LES COTE DEMANDE ET OFFRE DU MARCHE DU CREDIT ONT ETE AFFECTES. LES FLUCTUATIONS MACRO-ECONOMIQUES DEVRAIENT DONC ETRE PLUS MARQUE. NOUS RETROUVONS CETTE CONCCLUSION THEORIQUE LORS DES SIMULATIONS D'UN MODELE DE CYCLE MACRO-FINANCIER.
Download or read book Approche de la S curit Par la Coh sion Sociale Propositions Pour Une Nouvelle Gouvernance Socio conomique written by Council of Europe and published by Council of Europe. This book was released on 2001-01-01 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Dans la recherche de cohésion sociale, les auteurs préconisent l'action à long terme recherchant la synergie entre acteurs locaux, population et institutions afin d'encourager la responsabilité mutuelle et les valeurs de solidarité.
Download or read book Cost and Management written by and published by . This book was released on 1984 with total page 886 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Financial Liberalization written by Gerard Caprio and published by Cambridge University Press. This book was released on 2001-10-08 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume provides a rounded view of financial liberalization after the collapses in East Asia.
Download or read book Too Much Finance written by Mr.Jean-Louis Arcand and published by International Monetary Fund. This book was released on 2012-06-01 with total page 50 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines whether there is a threshold above which financial development no longer has a positive effect on economic growth. We use different empirical approaches to show that there can indeed be "too much" finance. In particular, our results suggest that finance starts having a negative effect on output growth when credit to the private sector reaches 100% of GDP. We show that our results are consistent with the "vanishing effect" of financial development and that they are not driven by output volatility, banking crises, low institutional quality, or by differences in bank regulation and supervision.
Download or read book Revue d tudes comparatives est ouest written by and published by . This book was released on 2006 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Handbook of Analytical Studies in Islamic Finance and Economics written by Zamir Iqbal and published by Walter de Gruyter GmbH & Co KG. This book was released on 2020-08-10 with total page 575 pages. Available in PDF, EPUB and Kindle. Book excerpt: This handbook offers a unique and original collection of analytical studies in Islamic economics and finance, and constitutes a humble addition to the literature on new economic thinking and global finance. The growing risks stemming from higher debt, slower growth, and limited room for policy maneuver raise concerns about the ability and propensity of modern economies to find effective solutions to chronic problems. It is important to understand the structural roots of inherent imbalance, persistence-in-error patterns, policy and governance failures, as well as moral and ethical failures. Admittedly, finance and economics have their own failures, with abstract theory bearing little relation with the real economy, uncertainties and vicissitudes of economic life. Economic research has certainly become more empirical despite, or perhaps because of, the lack of guidance from theory. The analytics of Islamic economics and finance may not differ from standard frameworks, methods, and techniques used in conventional economics, but may offer new perspectives on the making of financial crises, nature of credit cycles, roots of financial system instability, and determinants of income disparities. The focus is placed on the logical coherence of Islamic economics and finance, properties of Islamic capital markets, workings of Islamic banking, pricing of Islamic financial instruments, and limits of debt financing, fiscal stimulus and conventional monetary policies, inter alia. Readers with investment, regulatory, and academic interests will find the body of analytical evidence to span many areas of economic inquiry, refuting thereby the false argument that given its religious tenets, Islamic economics is intrinsically narrative, descriptive and not amenable to testable implications. Thus, the handbook may contribute toward a redefinition of a dismal science in search for an elusive balance between rationality, ethics and morality, and toward a remodeling of economies based on risk sharing and prosperity for all humanity
Download or read book Savings and Development written by and published by . This book was released on 1993 with total page 522 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Inflation and Activity Two Explorations and their Monetary Policy Implications written by Mr.Olivier J. Blanchard and published by International Monetary Fund. This book was released on 2015-11-06 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: We explore two issues triggered by the crisis. First, in most advanced countries, output remains far below the pre-recession trend, suggesting hysteresis. Second, while inflation has decreased, it has decreased less than anticipated, suggesting a breakdown of the relation between inflation and activity. To examine the first, we look at 122 recessions over the past 50 years in 23 countries. We find that a high proportion of them have been followed by lower output or even lower growth. To examine the second, we estimate a Phillips curve relation over the past 50 years for 20 countries. We find that the effect of unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since then. We draw implications of our findings for monetary policy.
Download or read book Structuralist Macroeconomics written by Lance Taylor and published by . This book was released on 1983-05-03 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: The structuralist perspective; Adjustment mechanisms - the real side; Adjustment mechanisms - two sector models; Short-run adjustment in practice; Money and other assets in the short run; Money, inflation, and growth; Trade balance complications; Foreign assets and the balance of payments; Two sector models of inflation, distribution and growth; Trade patterns and southern growth; Policy lessons.
Download or read book African Development Review written by and published by . This book was released on 1998 with total page 1028 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book L Actualit conomique written by and published by . This book was released on 2001 with total page 666 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cahiers conomiques de Bruxelles written by and published by . This book was released on 2006 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Social and Economic Studies written by and published by . This book was released on 1997 with total page 668 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book La politique trang re de la Russie et l Europe written by Tanguy de Wilde d'Estmael and published by Peter Lang. This book was released on 2004 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: À l'heure où l'Union européenne s'élargit au centre et à l'est du continent, ses relations avec la Russie paraissent plus que jamais correspondre au triptyque «intégration impossible, confrontation improbable, coopération nécessaire». Si l'adhésion de la Russie à l'Union européenne ne peut s'envisager, des formules de bon voisinage se mettent toutefois en place et atténuent les conséquences de l'impossibilité d'une intégration complète. Depuis l'inauguration, le 12 septembre 2001, d'un nouvel ?ge de la sécurité qui voit les deux partenaires s'accorder sur l'identification des menaces, la confrontation est moins que jamais à l'ordre du jour et la coopération, libérée des inhibitions d'un passé assurément révolu, s'impose comme un incontournable horizon. Dans cette optique, le présent ouvrage entend pourvoir, par l'étude des aspects politiques, sécuritaires et économiques de la relation euro-russe, à une meilleure connaissance des ressorts d'une politique étrangère russe dont les implications pour l'Europe s'avèrent déterminantes.
Download or read book Economic Growth in the 1990s written by World Bank and published by World Bank Publications. This book was released on 2005 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: This report was prepared by a team led by Roberto Zagha, under the general direction of Gobind Nankani.
