Showing 1 - 10 of 11
IMF and World Bank were created after the Second World War as a result of monetary and fiscal Conference of the United Nations (UN) in the Bretton Wood, New Hampshire in July 1944. This conference was part of the efforts to finance the construction of Europe which was destroyed in the Second...
Persistent link: https://www.econbiz.de/10010058702
Quality of asset and efficiency of bank is highly correlated. The efficiency of banking in post-liberalization period is judged not only based of its profitability but also on quality of assets it holds. Non Performing Asset (NPA) is the foremost threat for banking stability and growth. Against...
Persistent link: https://www.econbiz.de/10010148069
Besides providing enhanced macroeconomic and financial stability, a commitment to optimum monetary policy conduct in a developing economy like Nigeria could better deliver greater long-run stability of both internal and external macroeconomic factors. The need for an ordered monetary policy...
Persistent link: https://www.econbiz.de/10010148273
rate stability are the main factors that have been aiding FDI flows within the euro-zone. -- monetary union ; ECOWAS ; FDI …
Persistent link: https://www.econbiz.de/10010058671
All over the world, banks have been undergoing crisis, but the Nigerian experience has been hazardous to the country’s financial sector stability. Against this scenery, this paper investigates some cost efficiency correlates of a set of fifteen deposit money banks in Nigeria over the period...
Persistent link: https://www.econbiz.de/10010058682
With the crisis in the euro area, the issue of the institutional structure of the monetary union has gained in … significance. One problem with regard to the longer-term stability of the euro area is the absence of mechanisms to adequately …
Persistent link: https://www.econbiz.de/10010079478
A European transfer system could contribute to a stabilization of the euro area by synchronizing business cycles in the … euro area. Cyclical imbalances within a monetary union, however, would be effectively dampened by a European unemployment …
Persistent link: https://www.econbiz.de/10010079477
In this article we have tried to assess the possible relationships between shuttle trade and the expletory variables and the expletory variables, export (f.o.b.), import (c.i.f.) and CPI based real effective US dollar exchange rate. We employed monthly data of Turkey covering the years from...
Persistent link: https://www.econbiz.de/10009958032
One of the most important open macroeconomic issues, during the current global economic recession, concerns the sustainability of persistent budget and trade deficits as well as possible interactions between them. These deficits are most crucial due to severe debt servicing costs, faced by...
Persistent link: https://www.econbiz.de/10009958045
Applying an open-economy macroeconomic model, incorporating the monetary policy reaction function and uncovering interest parity, this paper finds that the expected real exchange rate and real output exhibit an inverted J-shape relationship, suggesting that expected real depreciation increases...
Persistent link: https://www.econbiz.de/10009958051