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In Search Of The Origin Of Original Sin Dissipation
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Book Synopsis In Search of the Origin of Original Sin Dissipation by : Bada Han
Download or read book In Search of the Origin of Original Sin Dissipation written by Bada Han and published by International Monetary Fund. This book was released on 2024-01-26 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this paper, we examine how, contrary to the ‘original sin’ hypothesis, emerging market economies have gained the ability to borrow abroad in their local currency. We empirically analyze the relationship of various economic variables with local currency debt and identify three crucial conditions for the capacity to borrow in local currency: institutional quality, sufficient depth in the domestic bond market, and adequate performance in inflation targeting. While shares in JPMorgan Government Bond Index-Emerging Markets (GBI-EM) index also appear to be influential, the associations with local currency debt is less clear. We conduct a similar empirical analysis on portfolio equity, which represents a safer form of external liability than foreign currency debt, and verify that the depth of the equity market plays a key role in attracting foreign capital to domestic equity markets. Finally, we propose a simple portfolio model based on the inelastic market hypothesis to explain the positive correlation between capital market depth and the dissipation of original sin, which refers to the presence of more external liability in the form of equity or local currency debt. In essence, our analysis suggests that emerging market economies with reasonably strong fundamentals are not necessarily reliant on foreign currency debt.
Book Synopsis Other People's Money by : Barry Eichengreen
Download or read book Other People's Money written by Barry Eichengreen and published by University of Chicago Press. This book was released on 2010-04-15 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recent crises in emerging markets have been heavily driven by balance-sheet or net-worth effects. Episodes in countries as far-flung as Indonesia and Argentina have shown that exchange rate adjustments that would normally help to restore balance can be destabilizing, even catastrophic, for countries whose debts are denominated in foreign currencies. Many economists instinctually assume that developing countries allow their foreign debts to be denominated in dollars, yen, or euros because they simply don't know better. Presenting evidence that even emerging markets with strong policies and institutions experience this problem, Other People's Money recognizes that the situation must be attributed to more than ignorance. Instead, the contributors suggest that the problem is linked to the operation of international financial markets, which prevent countries from borrowing in their own currencies. A comprehensive analysis of the sources of this problem and its consequences, Other People's Money takes the study one step further, proposing a solution that would involve having the World Bank and regional development banks themselves borrow and lend in emerging market currencies.
Book Synopsis An Historical and Moral View of the Origin and Progress of the French Revolution by : Mary Wollstonecraft
Download or read book An Historical and Moral View of the Origin and Progress of the French Revolution written by Mary Wollstonecraft and published by . This book was released on 1794 with total page 550 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis History and Mystery: The Complete Eschatological Encyclopedia of Prophecy, Apocalypticism, Mythos, and Worldwide Dynamic Theology Vol 3 by : Bernie L. Calaway
Download or read book History and Mystery: The Complete Eschatological Encyclopedia of Prophecy, Apocalypticism, Mythos, and Worldwide Dynamic Theology Vol 3 written by Bernie L. Calaway and published by Lulu.com. This book was released on 2018-08-27 with total page 718 pages. Available in PDF, EPUB and Kindle. Book excerpt: Surely you've lain awake at night to ponder life beyond time? Or dreamed restlessly of those multi-honored beast of Revelation? Or became frustrated because you don't know how to properly use your athame? How about all those times you came across a theological word that battered your brain? No problem. History and Mystery: The Complete Eschatological Encyclopedia of Prophecy, Apocalypticism, Mythos, and Worldwide Dynamic Theology has arrived, Here, just for you, are four volumes of exhaustive information that every student, teacher and interested person everywhere needs to know. Over 8000 defined words and phrases, 60 exploratory essays, and mini-sections of relational materials await. Before you know it, you'll be the best informed reader in your neighborhood and most of the next state over.
Book Synopsis Holman Bible Dictionary by : Trent C. Butler
Download or read book Holman Bible Dictionary written by Trent C. Butler and published by B&H Publishing Group. This book was released on 1991 with total page 1498 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Bible dictionary is an essential resource for anyone who studies the Bible?
Book Synopsis A History of Mind and Body in Late Antiquity by : Anna Marmodoro
Download or read book A History of Mind and Body in Late Antiquity written by Anna Marmodoro and published by Cambridge University Press. This book was released on 2018-07-19 with total page 895 pages. Available in PDF, EPUB and Kindle. Book excerpt: The mind-body relation was at the forefront of philosophy and theology in late antiquity, a time of great intellectual innovation. This volume, the first integrated history of this important topic, explores ideas about mind and body during this period, considering both pagan and Christian thought about issues such as resurrection, incarnation and asceticism. A series of chapters presents cutting-edge research from multiple perspectives, including history, philosophy, classics and theology. Several chapters survey wider themes which provide context for detailed studies of the work of individual philosophers including Numenius, Pseudo-Dionysius, Damascius and Augustine. Wide-ranging and accessible, with translations given for all texts in the original language, this book will be essential for students and scholars of late antique thought, the history of religion and theology, and the philosophy of mind.
Book Synopsis Killers of the Flower Moon by : David Grann
Download or read book Killers of the Flower Moon written by David Grann and published by Vintage. This book was released on 2018-04-03 with total page 417 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 NEW YORK TIMES BESTSELLER • A twisting, haunting true-life murder mystery about one of the most monstrous crimes in American history, from the author of The Wager and The Lost City of Z, “one of the preeminent adventure and true-crime writers working today."—New York Magazine • NATIONAL BOOK AWARD FINALIST • NOW A MARTIN SCORSESE PICTURE “A shocking whodunit…What more could fans of true-crime thrillers ask?”—USA Today “A masterful work of literary journalism crafted with the urgency of a mystery.” —The Boston Globe In the 1920s, the richest people per capita in the world were members of the Osage Nation in Oklahoma. After oil was discovered beneath their land, the Osage rode in chauffeured automobiles, built mansions, and sent their children to study in Europe. Then, one by one, the Osage began to be killed off. The family of an Osage woman, Mollie Burkhart, became a prime target. One of her relatives was shot. Another was poisoned. And it was just the beginning, as more and more Osage were dying under mysterious circumstances, and many of those who dared to investigate the killings were themselves murdered. As the death toll rose, the newly created FBI took up the case, and the young director, J. Edgar Hoover, turned to a former Texas Ranger named Tom White to try to unravel the mystery. White put together an undercover team, including a Native American agent who infiltrated the region, and together with the Osage began to expose one of the most chilling conspiracies in American history. Look for David Grann’s latest bestselling book, The Wager!
Download or read book The Search-light written by and published by . This book was released on 1905 with total page 1606 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Search-light written by and published by . This book was released on 1905 with total page 1100 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis An Etymological Dictionary of the English Language by : Walter W. Skeat
Download or read book An Etymological Dictionary of the English Language written by Walter W. Skeat and published by Courier Corporation. This book was released on 2013-02-15 with total page 834 pages. Available in PDF, EPUB and Kindle. Book excerpt: Practical and reliable, this reference traces English words back to their Indo-European roots. Each entry features a brief definition, identifies the language of origin, and employs a few illustrative quotations. An extensive appendix includes lists of prefixes, suffixes, Indo-European roots, homonyms and doublets, and the distribution of English-language sources.
Book Synopsis The Saturday Review of Politics, Literature, Science and Art by :
Download or read book The Saturday Review of Politics, Literature, Science and Art written by and published by . This book was released on 1862 with total page 1472 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis The Saturday Review of Politics, Literature, Science, Art, and Finance by :
Download or read book The Saturday Review of Politics, Literature, Science, Art, and Finance written by and published by . This book was released on 1862 with total page 1050 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Saturday Review of Politics, Literature, Science and Art by :
Download or read book Saturday Review of Politics, Literature, Science and Art written by and published by . This book was released on 1862 with total page 1048 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Saturday Review written by and published by . This book was released on 1862 with total page 1044 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis American Railroad Journal, and Advocate of Internal Improvements by :
Download or read book American Railroad Journal, and Advocate of Internal Improvements written by and published by . This book was released on 1833 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Book Synopsis Expositions of the Psalms 1-32 (Vol. 1) by : Saint Augustine (of Hippo)
Download or read book Expositions of the Psalms 1-32 (Vol. 1) written by Saint Augustine (of Hippo) and published by New City Press. This book was released on 1990 with total page 462 pages. Available in PDF, EPUB and Kindle. Book excerpt: "As the psalms are a microcosm of the Old Testament, so the Expositions of the Psalms can be seen as a microcosm of Augustinian thought. In the Book of Psalms are to be found the history of the people of Israel, the theology and spirituality of the Old Covenant, and a treasury of human experience expressed in prayer and poetry. So too does the work of expounding the psalms recapitulate and focus the experiences of Augustine's personal life, his theological reflections and his pastoral concerns as Bishop of Hippo."--Publisher's website.
Book Synopsis Portrait gallery of eminent men and women of Europe and America by : Evert A. Duyckinck
Download or read book Portrait gallery of eminent men and women of Europe and America written by Evert A. Duyckinck and published by . This book was released on 1873 with total page 746 pages. Available in PDF, EPUB and Kindle. Book excerpt:
