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The informal, underground or shadow economy is a significant, growing force throughout Latin America and the Caribbean, contributing to overall output, yet diminishing productivity, congesting public services, and depriving developing nations of potential fiscal revenues. This paper discusses...
Persistent link: https://www.econbiz.de/10009431426
The new Basel Capital Adequacy Accord (Basel III) is an agreement among countries' central banks and bank supervisory authorities on the amount of capital banks must hold as a cushion against losses and insolvency. Basel III is of concern to Congress mainly because it could put U.S. financial...
Persistent link: https://www.econbiz.de/10009474996
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The world has entered a global recession that is causing widespread business contraction, increases in unemployment, and shrinking government revenues. The process for coping with the crisis by countries across the globe has been manifest in four basic phases. The first has been intervention to...
Persistent link: https://www.econbiz.de/10009482932
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Foreign direct investment, henceforth denoted FDI, constitutes a basic component of the ongoing economic globalization. The latter phenomenon refers to the increasing economic interdependence of countries in the sense that today goods, services, capital and technologies are exchanged or diffused...
Persistent link: https://www.econbiz.de/10009467530
During the last decade, the Venezuelan government has pursued a reform of the legal regime of hydrocarbons tailored to its interests as an oil producing country. However, the ongoing consequences of the global economic recession which negatively impacted the Venezuelan economy, call into...
Persistent link: https://www.econbiz.de/10009467536
Artículo de revista ; This article analyses changes in investment by foreigners in the residential real estate market in Spain between 2007 and 2019. Two indicators are used for this purpose: gross purchases by foreigners as a percentage of total transactions and net purchases (purchases less...
Persistent link: https://www.econbiz.de/10012524817
China and India into the global markets. This rise has also deteriorated the situation of low-skilled workers in advanced …
Persistent link: https://www.econbiz.de/10009428973
general equilibrium analysis that carbon based import tariffs are more effective as a menace towards China than for saving CO2 … womöglich eher als Drohung gegenüber China als zur Einsparung von CO2-Emissionen eignen. Kapitel 5 weist im Rahmen einer …
Persistent link: https://www.econbiz.de/10009428975