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1 - 5 van 5 voor payment disruption
Microsoft Word - cpbdoc214.doc
... events have drastically changed fiscal decentralisation there is often more decentralisation (e.g. the disruption of the soviet-union and the increased autonomy of regions in belgium and italy) ... elderly? 2 should municipalities -in addition to social assistance benefits- also take over the payment of unemployment benefits? would this increase effectiveness of (local) labour market policy? should ...
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memo221.pdf
... against bankruptcy on their bonds. policy implications for the financial sector in order to keep disruption of the market to a minimum, it is wise to reduce the interests in banks ... governance of banks will have to be re-examined, with an emphasis on bank managers' payment incentives. banks rewarded their employees for realising quick profits without correcting sufficiently for the risks ...
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Microsoft Word - Memorandum AFC.doc
... fell prey to a sudden shift in confidence of international investors which led to a disruption of capital flows into asia. according to this interpretation, the subsequent runs on domestic financial ... amidst growing political turmoil and the near-collapse of the banking system. to prevent the payment system from breaking down, bank indonesia provided massive liquidity support to failing banks. the ...
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Microsoft Word - cpbdoc210.doc
... three important characteristics first an initial shock, second a propagation and amplification mechanism, and third disruption of the financial sector. it is generally accepted, although by no means trivial, that banks ... see also freixas and parigi (1998), who compare contagion in net and gross payment systems. in a net payment system, banks extend credit to each other and settle at the end of ...
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economics-flood-prevention.pdf
... total amount as a buffer, also right after such a big payment has been made, because the flood could happen any time again. ... a flood in economic and social terms as it prevents the total disruption of so many individual lives. 16 5 current research the model ... a distributional issue. the cba may help suggest a fair division of payment, since it decomposes the costs and benefits by type and thus ...
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