The Current models of credit portfolio management: A comparative theoretical analysis

The main purpose of this paper is to examine theoretically the current models of credit portfolio management. There are currently three types of models to evaluate the risk of credit portfolio; the structural models (Moody's KMV model and CreditMetrics model) also defined as the models of the value of the firm, the actuarial models and the econometric models (the Macro-factors model). The development of these models is based on a theoretical analysis developed by several researchers. Then, the evaluation of the default frequencies and the size of the loan portfolio are defined by credit risk factors which are conditioned by macroeconomic and microeconomic circumstances. Also, we explain the different characteristics of these models. Additionally, the purpose of these models is to assess the default probability of credit portfolios.&nbsp

The credit portfolio management by the econometric models: A theoretical analysis

This main idea of this paper is to examine theoretically the current model of credit portfolio management. We employ the credit portfolio view to examine the default probability measurement. The development of this type of model is based on a theoretical basis developed by several researchers. The evolution of their default frequencies and the size of the loan portfolio are expressed as functions of macroeconomic and microeconomic conditions as well as unobservable credit risk factors, which explained by other factors. We developed three sections to explain the different characteristics of this model. ¶The purpose of this model is to assess the default probability of credit portfolio. &para

Applicability of Reliability Model for Improving the Performance of Islamic Financial Institutions in Financing Decision by Mousharakah and Moudarabah Contracts

To offer alternatives to improve the performance of Islamic financial institutions (IFIs), we try in this paper to examine the applicability of the reliability model, as a tool to help decision. We opted for the investment by Mousharakah contracts and Moudarabah contracts because of their resemblance to venture capital, where the reliability model was mentioned. To do this, we developed a documentary research which allowed us, on the one hand, to dissect the notions of decision and performance and to confirm a possible nexus among the two, and on the other hand, to justify the use of this model. Then, we set up the theoretical framework of the model for a potential application to our case study. Then, and after confirming this relationship, we were interested in the case of investment by the Mousharakah and Moudarabah contracts, given their similarity to other financing methods, namely venture capital, where the reliability model was mentioned as a decision support tool. All in all, we can find that this approach will probably create an investigative implement to aid investment choice and decision for IFIs in the future. The developed model constitutes an analytical decision-making aid tool for Islamic financial institutions in the future for Traders and investors

THE DETERMINANTS OF FOREIGN DIRECT INVESTMENT (FDI): HOW IMPORTANT ARE INSTITUTIONAL FACTORS IN DEVELOPING COUNTRIES?

Since the 1980s, the attractiveness of foreign direct investment has always been one of the growth drivers for most developing countries. Indeed, the debt crises that have shaken these countries have led them to change at least partially their development strategies. Different empirical studies have tried to deal with such an issue. In this paper, we examine empirically the determinants of foreign direct investment (FDI). We employ a sample that covers a panel of 46 developing countries over the period of study from 1996 to 2018. These countries are grouped in four regions such as: Africa Sub-Saharan (12), Middle East and North Africa (6), Latin America Caribbean (20), Asia and Pacific (8). From the empirical results, we show that, in addition to some classic determinants of foreign direct investment attractiveness, institutional factors, particularly those related to economic freedoms, available to investors, are also of great importance. In terms of economic policy implications in our study, developing countries, especially Middle East and North Africa countries, must act on the level of freedoms to progress their incorporation into the global economic system but moreover to address the main contest, refining the standard of living of the population, which remains depreciated in the massive popular of countries. This obviously means creating a satisfactory business climate that can inspire together domestic and foreign investors and therefore generate a dynamics, capable of removing the challenges of development and integration

Determinants of the Performance of Insurance Companies in Tunisia

This article aims to study the determinants of performance of Tunisian insurance companies for the period from 2002 to 2018 using the panel data method. The variables used are microeconomic and macroeconomic. Our results conclude that the determinants of the performance of Tunisian insurance companies are the capital structure, solvency, risk capital management, premium growth, volume of capital, age of the firm and financial investments

CORONOVIRUS PROPAGATION AND ITS IMPACT ON THE WORLD ECONOMY

From the appearance of an unknown virus in China to a "black Monday" which has seen markets fall like never since the end of 2008: in two months, the Covid-19 epidemic has brought the world economy to its knees. The current coronavirus epidemic that has started in China is a real tragedy for individuals and communities not only in China, but around the world. The results for the Chinese are already terrible and are likely to worsen. To date, more than 80,000 infections have been reported, including thousands of fatal cases. In response to the spread of the virus, the world health organization declared an international health emergency on January 30. All global production chains are affected, and even blocked for certain sectors. A quasi-monopoly, China is not only the factory of the world, but also the supplier of components for all the other factories or industries on the planet. Hundreds of companies have therefore suffered the full force of this crisis and are struggling to preserve activities, on which millions of consumers and employees depend, directly impacted by their operation or by their disruption. The epidemic is infecting several Asian countries and little by little other continents, with more than 115,000 cases of infection to date, including more than 4,000 dead

Curriculum Method Grounded on Didactic Engineering to Expertise Physical Education Program Proposal

The purpose of this article is to identify and understand the reasons of actors of the neosphere and those of the scientific literature for the implementation of the pole vault practice in physical education program. The case of a didactic transposition for teaching pole vaulting practice at school is presented and the relationships between teachers and learners of this discipline are identified. Epistemological analyses of the practice of pole vaulting as well as a transpositive study of its implementation were useful to curry on the practice framework of the discipline. This background allowed quantitative and qualitative analyses for professional learning of pole vaulting. These allowed identifying global and generic trends of adapted and integrated study sections. Reports of crossing and separation between the practice of pole vaulting and the learner’s skills were highlighted. Difficulties related to contextual factors were identified. The synthetic didactical training analysis led to propose practical teaching programs for pole vaulting at school. Keywords: Curriculum, Physical Education and Sports, Pole Vaulting, Knowledge Taught, Learn to Teach

Teaching Strategies to Enhance Motor Skills Learning for Groups of Students: The Effects of Verbal and Visual Feedback on Performance in Pole Vault Practice

This paper contributes to enhancing a comparative study on a creative conduct of teaching method in physical education sessions. We search for determine the evolution of teacher representations related to the understanding of the particular practice of pole vaulting and its teaching by integrating a computer-video artifact into an educational environment. This study was done in two graduate classes of high school including (N = 44) students. These are two groups; aged between 15 and 18 (One group of students was provided with a verbal and gestural communication, while the other was asked to view an artifact video). The pole vole learning cycle consisted of 14 sessions, divided between two sessions per week. The findings were consistent with the difference between methods of teaching in line with tasks of learning. Through this experiment and lessons feedbacks, we have been able to conclude that the use of the Computer Communication Technology and precisely of the video image artifact, was source of progression of the motor learning for the large majority of the students from the all group study. This research is opened to understand and appreciate how to best design video lectures that encourage learning and developing knowledge. Keywords: physical education, artifact video, feedback, motor learning, skills DOI: 10.7176/JEP/10-7-06 Publication date:March 31st 201

The Credit Portfolio Management by the Econometric Models: A Theoretical Analysis

This main idea of this paper is to examine theoretically the current model of credit portfolio management. We employ the credit portfolio view to examine the default probability measurement. The development of this type of model is based on a theoretical basis developed by several researchers. The evolution of their default frequencies and the size of the loan portfolio are expressed as functions of macroeconomic and microeconomic conditions as well as unobservable credit risk factors, which explained by other factors. We developed three sections to explain the different characteristics of this model. The purpose of this model is to assess the default probability of credit portfolio