Banking School Currency School

Education Expenditure and Structure Structure et dépenses d’éducation.................................................................................. 34 School Enrolment Ratios Taux bruts de scolarisation .............................................................................................. 35 vii 21. 22. 23. 24. Primary School Internal Efficiency Efficacité interne au primaire ........................................................................................... 36 Agricultural

Donc, moins d'achats d'actions; on freine la spéculation. C'est une mesure théorique peu applicable. On s'interroge également sur la quantité de monnaie qui circule. Nous avons deux tendances : |Banking School |Currency School | |Ce sont les libéraux purs et durs, disant qu'il ne faut rien faire. Une fois la|Il faut limiter les émissions. Il ne faut pas émettre trop

l’euro à la place de (MONNAIE NATIONALE). Aujourd’hui diriez-vous que l’euro vous cause encore beaucoup de difficultés, quelques difficultés, ou pas de difficultés du tout ? Q1. It’s three years since we have been using the euro instead of (NATIONAL CURRENCY). Today, would you say that the euro continues to cause you a lot of difficulty, some difficulty or no difficulty at all? beaucoup de difficultés / a lot of difficulty pas de difficultés du tout / no difficulty at all 53% Q1. Total quelques

Amendements», Journal of Financial and Quantitative Analysis, Vol. 25, n° 2, pp. 143-167. Allayannis G. et Ofek E., 2001, «Exchange-Rate Exposure, Hedging, and the Use of Foreign Currency Derivatives», Journal of International money and Finance, Vol. 20, n° 2, pp. 273-296. Allayannis G. et Weston J., 2001, «The Use of Foreing Currency Derivatives and Firm Market Value», Review of Financial Studies, Vol. 14, n° 1, pp. 243-276. Ang J., Cole R. et Lin J., 2001, «Agency Costs and Ownership Structure», Journal

make a distinction between ‘child labour’ and ‘child work’, and believe that it is all right for children to work, as long as it does not interfere with school or their well-being. The Ministry of Labour crack down when a case of abuse is discovered.101 In rural areas there are a lot of children helping their families instead of going to school. Today, some rural areas have evening classes, but many children are too tired to attend them after a long day of work. United Nations Children’s Fund (UNICEF)

arising from investments outside the country is not counted. 2 Making international economic comparisons: - Population - GDP - World biggest oil company by turnover/revenues To be able to make comparisons internationally, a common currency is necessary ✓ The US $ is the standard basis for making international financial and economic comparisons ✓ But exchange rates change everyday and can vary by a lot over time so such movements distort comparisons 3 International

d’une augmentation du risque de non remboursement des crédits accordés en Tunisie. TITLE : THE IMPACT OF BANK GOVERNANCE AND RELATIONSHIP BANKING ON CREDIT RISK : THE CASE OF TUNISIAN BANKS Summary This research aims to analyse the internal determinants of Tunisian bank risk. We particularly focus on the role of bank governance and relationship banking. Based on a sample of 10 Tunisian listed banks during 1998-2009, we examine the impact of ownership concentration and board characteristics

private donations. WORDWORK (p. 16) wordfile-p.16-1a Corrigé 1/a, 2/c, 3/c, 4/a, 5/b, 6/c, 7/a, 8/c. wordfile-p.16-1b 1/d, 2/f, 3/e, 4/j, 5/i, 6/a, 7/h, 8/g, 9/c, 10/b. wordfile-p.16-2 A. 1/c, 2/d, 3/e, 4/b, 5/a. B. 1. cash dispenser, withdraw, 2. currency, 3. borrow, loan, 4. tip, coins, 5. refund. C. 1/e, 2/a, 3/d, 4/b, 5/f, 6/c. (p. 16) Corrigé teamfile-p16-1 1. Keith Waterman. Sociologist. Make Money by Giving it Away. 2. Bill Gates; giving a lot of money to charity (or co-founding Microsoft is

monétaire avec la transformation car 2 types de monnaie. Il y a 2 siècles il y avait déjà ce débat entre Banking school (venait plus de la demande selon les keynésien : il ne faut pas limiter l’activité bancaire car prêts permettent de produire plus et d’investir. Prêtent parce qu’elles pensent que les entreprises vont les rembourser en produisant = thèse des droits réels) et Currency school (car trop d’inflation monétaire selon Ricardo). Historique du financement de l’investissement a. 19ème

in particular China and India, have reached a tipping point where large numbers of people will enter the middle class and drive consumption. The approach followed in this paper has three steps. First, I define a global middle class. There are two schools of thought as to how to do this, divided by whether to take an absolute global definition or a relative definition for each country. I adopt the absolute definition, using a 1 2 See, for example, Galston (2009). Olivier Blanchard, “Sustaining