The economist John Maynard Keynes (1936) defined speculation as the purchase of securities at a price above their fundamental value with a view to sell them at yet a higher price. . .
The economist John Maynard Keynes (1936) defined speculation as the purchase of securities at a price above their fundamental value with a view to sell them at yet a higher price. . .
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Most undergraduates in their first year in economics have been exposed to an important ingredient in the specific-factors model. . .
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From their onset, SDRs could be held only by governments, central banks, and official bodies such as the IMF.
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Special drawing rights (SDRs) are an internationally recognized unit of account and reserve assets issued by the International Monetary Fund (IMF). . .
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Special and differential treatment (SDT) refers to provisions in World Trade Organization (WTO). . .
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Many capital-exporting developing countries look for systematic ways of raising returns on their international currency reserves on a long-term basis by creating sovereign wealth funds (SWFs). . .
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Several factors have been found to influence the likelihood of sovereign default. Historical data suggest that the risk premium on foreign debt (over the return on U.S.
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The risk that a sovereign will not honor its obligations with foreign investors is mitigated by two factors: the threat of sanction and the loss of reputation.
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Sovereign risk refers to circumstances in which governments default on loan contracts with foreigners, seize foreign assets located within their borders. . .
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Using gravity equations to assess deviations between actual and predicted trade has been the most common approach to study SST.
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