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Why are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic … banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone … but have provided miniscule amounts of credit to business enterprises and households. Analyzing the political and banking …
Persistent link: https://www.econbiz.de/10011082760
Why are banking systems unstable in so many countries--but not in others? The United States has had twelve systemic … banking crises since 1840, while Canada has had none. The banking systems of Mexico and Brazil have not only been crisis prone … but have provided miniscule amounts of credit to business enterprises and households. Analyzing the political and banking …
Persistent link: https://www.econbiz.de/10011082767
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This paper analyses the UK market for Defined Benefit (DB) pension buyouts and considers its implications for the USA. A DB pension fund buyout refers to a transaction in which a pension plan sponsor pays another company a fee to take over the assets and liabilities of the pension plan. Using...
Persistent link: https://www.econbiz.de/10008755721
1. Introduction Power industry deregulation and electricity market restructuring, which began in Chile in the 1980s and then spread to Norway, New Zealand and the UK, were introduced in the United States with the passage of the Energy Policy Act (EPA) of 1992 (Jameson, 1997). The EPA and...
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