Relative Returns to Policy Reform PDF Download

Author: Alexandre Samy de Castro
Publisher: World Bank Publications
ISBN:
Category : Liberalizacion de importaciones
Languages : en
Pages : 68

View

Book Description
The authors aim at contri ...

Author: Jon Lukomnik
Publisher: Routledge
ISBN: 100037615X
Category : Business & Economics
Languages : en
Pages : 175

View

Book Description
Moving Beyond Modern Portfolio Theory: Investing That Matters tells the story of how Modern Portfolio Theory (MPT) revolutionized the investing world and the real economy, but is now showing its age. MPT has no mechanism to understand its impacts on the environmental, social and financial systems, nor any tools for investors to mitigate the havoc that systemic risks can wreck on their portfolios. It’s time for MPT to evolve. The authors propose a new imperative to improve finance’s ability to fulfil its twin main purposes: providing adequate returns to individuals and directing capital to where it is needed in the economy. They show how some of the largest investors in the world focus not on picking stocks, but on mitigating systemic risks, such as climate change and a lack of gender diversity, so as to improve the risk/return of the market as a whole, despite current theory saying that should be impossible. "Moving beyond MPT" recognizes the complex relations between investing and the systems on which capital markets rely, "Investing that matters" embraces MPT’s focus on diversification and risk adjusted return, but understands them in the context of the real economy and the total return needs of investors. Whether an investor, an MBA student, a Finance Professor or a sustainability professional, Moving Beyond Modern Portfolio Theory: Investing That Matters is thought-provoking and relevant. Its bold critique shows how the real world already is moving beyond investing orthodoxy.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264728503
Category :
Languages : en
Pages : 79

View

Book Description
The report provides an overview of the tax measures introduced during the COVID-19 crisis across almost 70 jurisdictions, including all OECD and G20 countries and 21 additional members of the OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting. It examines how tax policy responses have varied across countries and evolved over the last year.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264029508
Category :
Languages : en
Pages : 173

View

Book Description
This report investigates policy considerations in the taxation of capital gains of individuals and design features of capital gains tax systems.

Author: The World Bank
Publisher: World Bank Publications
ISBN: 0821399551
Category : Business & Economics
Languages : en
Pages : 171

View

Book Description
The gradual acceleration of growth in developing countries is a defining feature of the past two decades. This acceleration came with major shifts in patterns of investment, saving, and capital flows. This second volume in the Global Development Horizons series analyzes these shifts and explores how they may evolve through 2030. Average domestic saving in developing countries stood at 34 percent of their GDP in 2010, up from 24 percent in 1990, while their investment was around 33 percent of their GDP in 2012, up from 26 percent. These trends in saving and investment, along with higher growth rates in developing countries, have resulted in developing countries’ share of global savings now standing at 46 percent, nearly double the level of the 1990s. The presence of developing countries on the global stage will continue to expand over the next two decades. Analysis in this report projects that by 2030, China will account for 30 percent of global investment activity, far and away the largest share of any single country, while India and Brazil (at 7 percent and 3 percent) will account for shares comparable to those of the United States and Japan (11 percent and 5 percent). The complex interaction among aging, growth, and financial deepening can be expected to result in a world where developing countries will contribute 62 of every 100 dollars of world saving in 2030, up from 45 dollars in 2010, and where they account for between $6.2 trillion and $13 trillion of global gross capital flows, rising from $1.3 trillion in 2010. Trends in investment, saving, and capital flows through 2030 will affect economic conditions from the household level to the global macroeconomic level, with implications not only for national policy makers but also for international institutions and policy coordination. Policymakers preparing for this change will benefit from a better understanding of the unfolding dynamics of global capital and wealth in the future. This book is accompanied by a website, http://www.worldbank.org/CapitalForTheFuture, that includes a host of related electronic resources: data sets underlying the two main scenarios presented in the report, background papers, technical appendixes, interactive widgets with variations to some of the assumptions used in the projections, and related audio and video resources.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264061541
Category :
Languages : en
Pages : 123

View

Book Description
The report looks at the evolution of Japanese agricultural policy over the last several decades, but maintains its analytical focus on policies currently in place. In addition to reporting a wide variety of statistics, much of which were provided by ...

Author: International Monetary Fund. External Relations Dept.
Publisher: International Monetary Fund
ISBN: 1616353686
Category : Business & Economics
Languages : en
Pages : 56

View

Book Description
The issue of capital flight from developing countries is discussed. The debt problems of developing countries coupled with the sharp decline in international lending to many countries have evoked great interest in the issue of private capital outflows, or capital flight, from these countries among international policymakers, academics, and in the general public. Residents of countries with exchange controls can purchase foreign exchange overseas by paying in local currencies, albeit at a higher cost than through official channels.

Author: Yair Mundlak
Publisher: World Bank Publications
ISBN:
Category : Agricultural productivity
Languages : en
Pages : 50

View

Book Description

Author: Jeremy J. Warford
Publisher: World Bank Publications
ISBN: 9780821334775
Category : Nature
Languages : en
Pages : 130

View

Book Description
This report, in two volumes, addresses environmental impacts stemming from economy-wide policy reforms, and seeks to clarify the nature of the economic, physical, institutional, and cultural aspects of their relationship. Volume 1 summarizes the case studies and synthesizes their key principles. Volume 2 explores the case studies in full length. They reflect a wide range of country situations and environmental problems. Pollution issues are addressed, such as air quality and energy use in Poland and Sri Lanka, while a variety of natural resource-related issues are covered in the other studies: deforestation and land degradation in Costa Rica; migration and deforestation in the Philippines; agricultural land degradation due to overgrazing in Tunisia, fertility losses due to extension of cultivation areas in Ghana; water resource depletion in Morocco; and wildlife management in Zimbabwe. The case studies also use a variety of analytical methods to illustrate the different approaches to identifying the environmental implications of economy-wide reforms. These methods range from tracing the links between economic incentives and resource use through direct observation, to relying on more complex economic modeling of policies and their environmental effects. In all the studies, however, the analytical approach uniformly requires identifying key environmental concerns and relating them to the agenda of priority sectoral and macroeconomic reforms.

Author: OECD
Publisher: OECD Publishing
ISBN: 9264008381
Category :
Languages : en
Pages : 190

View

Book Description
Economic Policy Reforms is a new annual periodical – intended as a complement to the OECD Economic Outlook and OECD Economic Surveys – which gives an overview of structural policy developments in OECD countries.