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2015, the countries of the world committed to a target to reduce illicit flows, as part of the UN Sustainable Development …
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Food crimes, including adulteration, poisoning, mislabelling, and misrepresentation of information, have cost billions in the global food industry. The coronavirus (COVID-19) pandemic has highlighted the weaknesses of the food supply chain. Unfortunately, such weaknesses are exploited by actors...
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In this paper the financial means of international (mostly Islamistic) terror organizations are analysed. First, some short remarks about the organization of international terror organizations are made. Second and in a much more detailed way a literature review is provided about the financing of...
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Persistent interest rate differentials account for much of the currency carry trade profitability. "Commodity currencies" offer high interest rates on average, while countries that export finished goods tend to have low interest rates. We develop a general equilibrium model of international...
Persistent link: https://www.econbiz.de/10012857234
Persistent differences in interest rates across countries account for much of the profitability of currency carry trade strategies. "Commodity currencies'' tend to have high interest rates while low interest rate currencies belong to exporters of finished goods. This pattern arises in a...
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