CHAPTER ONE INTRODUCTION 1.1 Historical Background Unemployment as a concept has attracted large coverage both domestically and internationally. It has been the most persistent and unmanageable problem facing both developed and developing nations of the world. The fact remains that a hundred percent employment exist in no nation of the world. All nations experience at least a minute proportion if not large rate of unemployment and a major macroeconomic goal of most if not all nations is to combat
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thank Dan Collins, Brian Rountree, participants at the 2000 Journal of Accounting & Economics conference, and the editors, S. P. Kothari, Tom Lys, and Jerry Zimmerman, for helpful comments and suggestions. We appreciate funding from the Financial Research Initiative, Graduate School of Business, Stanford University, and Center for Finance and Accounting Research at UNC-Chapel Hill, Stanford GSB Faculty Trust, and the Bank of America Research Fellowship. Corresponding author: William H. Beaver, Graduate
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Corporate Financial Performance: Evidence from Jordanian Banks Sulaiman R. Weshah Accounting Department, Amman College for finance and administration studies, Al Balqa applied university, Amman, Jordan Dr. Ahmad A. Dahiyat (Corresponding author) Accounting Department, Amman College for finance and administration studies, Al Balqa applied university, Amman, Jordan PO BOX 45, Postal code 11831 Mohammed R. Abu Awwad Islamic International Arab Bank, Amman, Jordan Emad S. Hajjat Accounting Department, Irbid
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Banks and Bank Systems, Volume 5, Issue 1, 2010 Lalith Seelanatha (Australia) Market structure, efficiency and performance of banking industry in Sri Lanka Abstract During the period of 1977-2005, reforms in the financial-services sector, development in information and communication technologies (ICT) and globalization of the industry have drastically changed the market structure of banking industry in Sri Lanka. Financial reforms commenced in late 1970s were the main driving force of those
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Södertörns högskola | Department of economics Magisteruppsats 30 hp | Vårterminen 2013 The Effect of External Debt On Economic growth – A panel data analysis on the relationship between external debt and economic growth. Av: Dereje Abera Ejigayehu Handledare: Joakim persson Handledare: [Handledarens namn (teckenstorlek: 12p)] Abstract The impact of external debt on economic growth is a debatable issue between scholars since the onset of the debt crisis in 1980’s. This thesis examines
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has been a debatable issue among the economists. According to Mundell-Fleming model, an increase in interest rate is necessary to stabilize the exchange rate depreciation and to curb the inflationary pressure and thereby helps to avoid many adverse economic consequences. The high interest rate policy is considered important for several reasons. Firstly, it provides the information to the market about the authorities’ resolve not to allow the sharp exchange rate movement that the market expects given
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Department of Economics and Finance, Tat Chee Avenue, Kowloon, Hong Kong. Tel: (852) 2788 7577; Fax: (852) 2788 8806; email: efxpwu@cityu.edu.hk. ‡ (Corresponding author) KU Leuven, Graduate School of Business Studies, Naamsestraat 69, B3000 Leuven; Tel: +32 16 32 6756; Fax: +32 16 32 6620; email: piet.sercu@econ.kuleuven.ac.be. § Department of Accountancy, City University of Hong Kong; Tel: (852) 2788 7909; Fax: (852) 2788 7002; email: accpj@cityu.edu.hk. Abstract We test how keiretsu
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1st January, 2002, when 12 EU member countries stopped using their own individual currencies and declared the Euro as their only currency. The EU has offered to let Britain hold a public vote on whether Britain should use the Euro as part of its economic involvement in the EU. Ever since the Euro has been introduced, it’s performance has been poor when it is compared with the values of the British Pound and the American Dollar. The Euro is a single currency arrangement that came into theoretical
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Reserve bank of India. He has released several research paper in the field of economics also.Mr Saibal Ghosh has also worked as a higher level official in Reserve Bank of India and has released several research papers. Abhiman Das Research Context Virtually every major industrialized economy and major international organization has made efforts in recent years to refine their views on how large industrial corporations should be organized and governed. Academics in both law and economics have also
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among the major Portuguese banks Abstract Following entry into the European Community (EC) in 1986, Portugal transformed rapidly its repressed banking system with deregulation, the opening of borders, the granting of new banking licenses, and privatisation. In a more integrated banking system, one would expect a higher level of competition. This paper reports an empirical assessment of the competitive condition among the major Portuguese banks. Using Rosse-Panzar methodology
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