Program of Liquidation PDF Download

Author: Reconstruction Finance Corporation
Publisher:
ISBN:
Category : Government property
Languages : en
Pages : 0

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Author: Federal Deposit Insurance Corporation
Publisher:
ISBN:
Category : Federal Deposit Insurance Corporation
Languages : en
Pages :

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Author: Ms.Carmen Reinhart
Publisher: International Monetary Fund
ISBN: 1498338380
Category : Business & Economics
Languages : en
Pages : 47

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Book Description
High public debt often produces the drama of default and restructuring. But debt is also reduced through financial repression, a tax on bondholders and savers via negative or belowmarket real interest rates. After WWII, capital controls and regulatory restrictions created a captive audience for government debt, limiting tax-base erosion. Financial repression is most successful in liquidating debt when accompanied by inflation. For the advanced economies, real interest rates were negative 1⁄2 of the time during 1945–1980. Average annual interest expense savings for a 12—country sample range from about 1 to 5 percent of GDP for the full 1945–1980 period. We suggest that, once again, financial repression may be part of the toolkit deployed to cope with the most recent surge in public debt in advanced economies.

Author: United States. Department of the Treasury
Publisher:
ISBN:
Category :
Languages : en
Pages : 36

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Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1498336051
Category : Business & Economics
Languages : en
Pages : 77

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Book Description
This study provides an overview of the legal, institutional, and regulatory framework that countries should put in place to address cases of bank insolvency. It is primarily intended to inform the work of the staffs of the International Monetary Fund (IMF) and World Bank, and to provide guidance to their member countries.

Author: Karen Ho
Publisher: Duke University Press
ISBN: 0822391376
Category : Social Science
Languages : en
Pages : 390

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Financial collapses—whether of the junk bond market, the Internet bubble, or the highly leveraged housing market—are often explained as the inevitable result of market cycles: What goes up must come down. In Liquidated, Karen Ho punctures the aura of the abstract, all-powerful market to show how financial markets, and particularly booms and busts, are constructed. Through an in-depth investigation into the everyday experiences and ideologies of Wall Street investment bankers, Ho describes how a financially dominant but highly unstable market system is understood, justified, and produced through the restructuring of corporations and the larger economy. Ho, who worked at an investment bank herself, argues that bankers’ approaches to financial markets and corporate America are inseparable from the structures and strategies of their workplaces. Her ethnographic analysis of those workplaces is filled with the voices of stressed first-year associates, overworked and alienated analysts, undergraduates eager to be hired, and seasoned managing directors. Recruited from elite universities as “the best and the brightest,” investment bankers are socialized into a world of high risk and high reward. They are paid handsomely, with the understanding that they may be let go at any time. Their workplace culture and networks of privilege create the perception that job insecurity builds character, and employee liquidity results in smart, efficient business. Based on this culture of liquidity and compensation practices tied to profligate deal-making, Wall Street investment bankers reshape corporate America in their own image. Their mission is the creation of shareholder value, but Ho demonstrates that their practices and assumptions often produce crises instead. By connecting the values and actions of investment bankers to the construction of markets and the restructuring of U.S. corporations, Liquidated reveals the particular culture of Wall Street often obscured by triumphalist readings of capitalist globalization.

Author: Mr.Federico J Diez
Publisher: International Monetary Fund
ISBN: 1513574566
Category : Business & Economics
Languages : en
Pages : 29

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The COVID-19 pandemic has increased insolvency risks, especially among small and medium enterprises (SMEs), which are vastly overrepresented in hard-hit sectors. Without government intervention, even firms that are viable a priori could end up being liquidated—particularly in sectors characterized by labor-intensive technologies, threatening both macroeconomic and social stability. This staff discussion note assesses the impact of the pandemic on SME insolvency risks and policy options to address them. It quantifies the impact of weaker aggregate demand, changes in sectoral consumption patterns, and lockdowns on firm balance sheets and estimates the impact of a range of policy options, for a large sample of SMEs in (mostly) advanced economies.

Author: United States. Congress. Senate. Committee on Banking and Currency. Subcommittee on Reconstruction Finance Corporation
Publisher:
ISBN:
Category :
Languages : en
Pages : 1098

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Author: Kees de Groot
Publisher: Routledge
ISBN: 1317104765
Category : Religion
Languages : en
Pages : 251

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Book Description
Is religion dying out in Western societies? Is personal spirituality taking its place? Both stories are inadequate. Institutional religion is not simply coming to an end in Western societies. Rather, its assets and properties are redistributed: large parts of the church have gone into liquidation. Religion is crossing the boundaries of the parish and appears in other social contexts. In the fields of leisure, health care and contemporary culture, religion has an unexpected currency. The metaphor of liquidation provides an alternative to approaches that merely perceive the decline of religion or a spiritual revolution. Religion is becoming liquid. By examining a number of case studies in the Netherlands and beyond, including World Youth Day, television, spiritual centers, chaplaincy, mental healthcare, museums and theatre, this book develops a fresh way to look at religion in late modernity and produces new questions for theological and sociological debate. It is both an exercise in sociology and an exercise in practical theology conceived as the engaged study of religious praxis. As such, the aim is not only to get a better understanding of what is going on, but also to critique one-sided views and to provide alternative perspectives for those who are active in the religious field or its surroundings.

Author: Joey Yearous-Algozin
Publisher: Lulu.com
ISBN: 0991582004
Category : Poetry
Languages : en
Pages : 100

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Book Description
For three years, Joey Yearous-Algozin transcribed Holly Melgard's voicemails.