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banks in Nigeria, a developing country. It investigates the extent of practice and contributions of SMA to strategic … decision making. Survey data were obtained from 71 bank managers across 20 registered banks in Nigeria. Simple regression … features and orientation towards the practice of management accounting. The study found out that banks in Nigeria practice SMA …
Persistent link: https://www.econbiz.de/10011937829
deployment of his analysis of expected inflation on nominal interest rates, and, indirectly, in its espousal of the case for …
Persistent link: https://www.econbiz.de/10010292029
growing economy. Third, the rate of interest in Marx.s economics is conceived of as a monetary category determined by relative … rate of capital accumulation is determined by the expected rate of profit and the exogenous rate of interest. From this it …
Persistent link: https://www.econbiz.de/10010306782
several years until cartel victims obtain damages. Interest and inflation are thus two key drivers of adequate compensation … legal systems treat interest and inflation as part of competition law actions for damages, and, using real-world data from … economics analysis of the law on interest in the field of tort law. …
Persistent link: https://www.econbiz.de/10010330310
A simple descriptive circuit theory of money is proposed, allowing for four actors (banks, government, firms and … workers) and interest. A number of conclusions is readily made on the basis of the model. First, in an economy without a … government sector (no taxes, no subsidies) and without banks granting household credit, firms end up with debt whenever they must …
Persistent link: https://www.econbiz.de/10010333154
This paper offers an alternative approach to the repeated occurrence of Middle East “energy conflicts.” Our analysis centres around the process of differential capital accumulation, emphasizing the quest to exceed the “normal rate of return” and to expands one's share in the overall flow...
Persistent link: https://www.econbiz.de/10011644564
Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad...
Persistent link: https://www.econbiz.de/10011644566
Who are the dominant owners of US public debt? Is it widely held, or concentrated in the hands of a few? Does ownership of public debt give these bondholders power over our government? What do we make of the fact that foreign-owned debt has ballooned to nearly 50 percent today? Until now, we...
Persistent link: https://www.econbiz.de/10011646691
those who receive interest payments on government bonds are distinct from those who pay the taxes that finance the interest … effects. Some claim that the public debt is heavily concentrated and that interest payments on government bonds redistribute … interest has become rapidly concentrated in the hands of dominant owners, the top 1% of households and the 2,500 largest …
Persistent link: https://www.econbiz.de/10011646706
This essay deals with the relationship between stagflation and the process of restructuring. The literature dealing with the interaction of stagnation and inflation is invariably based on some explicit or implicit assumptions about economic structure, but there are very few writings which...
Persistent link: https://www.econbiz.de/10011647601