A Pragmatic Approach to Capital Account Liberalization

Cross-country regressions suggest little connection from foreign capital inflows to more rapid economic growth for developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on growth in these economies, as implicitly assumed in the benchmark neoclassical framework. We explore emerging new theories on both the costs and benefits of capital account liberalization, and suggest how one might adopt a pragmatic approach to the process.collateral benefits, capital controls, capital account liberalization, thresholds

Patterns of international capital flows and their implications for economic development

Capital ; Economic development

Foreign Capital and Economic Growth

Nonindustrial countries that have relied more on foreign finance have not grown faster in the long run as standard theoretical models predict. The reason may lie in these countries’ limited ability to absorb foreign capital, especially because their financial systems have difficulty allocating it to productive uses, and because their currencies are prone to appreciation (and often overvaluation) when such inflows occur. The current anomaly of poor countries financing rich countries may not really hurt the former’s growth, at least conditional on their existing institutional and financial structures. Our results do not imply that foreign finance has no role in development or that all types of capital naturally flow “uphill.” Indeed, the patterns associated with foreign direct investment flows have generally been more consistent with theoretical predictions. However, we find no evidence that providing financing in excess of domestic saving is the channel through which financial integration delivers its benefits.Foreign capital, economic growth, macroeconomics, foreign finance

A Pragmatic Approach to Capital Account Liberalization

Cross-country regressions suggest little connection from foreign capital inflows to more rapid economic growth for developing countries and emerging markets. This suggests that the lack of domestic savings is not the primary constraint on growth in these economies, as implicitly assumed in the benchmark neoclassical framework. We explore emerging new theories on both the costs and benefits of capital account liberalization, and suggest how one might adopt a pragmatic approach to the process.

INTRODUCING A NETWORK STRATEGY FOR REDUCING THE DAMAGES IN POLLUTANTS

As country grows as economy improves, the financial status of each individual is raising that results owning a car or a bike for everyone. This results large amount of traffic and pollution in the cities, which causes intensive health problems like cancer, braintumour etc. In a cities like Newyork, Taiwan, Tokyo, Hongkong are concentrated to an efficient pollution monitoring systems to control pollution, density in particular areas. They are controlling it by a simple remedy called traffic diverting. A sensor network collecting information from the network from different places by monitoring their thresholds action will be taken. Based on introducing Internet of Things (IOT) into the field of environmental protection, this paper puts forward a kind of real-time air pollution monitoring and forecasting system. The existed system needs supervisor (Human) to operate it, proposed system is a standalone artificial intelligence based expert system. That can take decisions by past experiments, helps to execute stand alone as a human exporter to replace him at accurate. The system can be laid out in a large number in monitoring area to form monitoring sensor network. Besides the function of conventional air automatic monitoring system, it also exhibits the function of forecasting development trend of air pollution within a certain time range by analyzing the data obtained by front-end perception system according to neural network technology

INTRODUCING A SENSOR NETWORK FOR REDUCING THE TRAFFIC BY USING IOT

As country grows as economy improves, the financial status of each individual is raising that results owning a car or a bike for everyone. This results large amount of traffic and pollution in the cities, which causes intensive health problems like cancer, braintumour etc. In a cities like Newyork, Taiwan, Tokyo, Hongkong are concentrated to an efficient pollution monitoring systems to control pollution, density in particular areas. They are controlling it by a simple remedy called traffic diverting. A sensor network collecting information from the network from different places by monitoring their thresholds action will be taken. Based on introducing Internet of Things (IOT) into the field of environmental protection, this paper puts forward a kind of real-time air pollution monitoring and forecasting system. The existed system needs supervisor (Human) to operate it, proposed system is a standalone artificial intelligence based expert system. That can take decisions by past experiments, helps to execute stand alone as a human exporter to replace him at accurate. The system can be laid out in a large number in monitoring area to form monitoring sensor network. Besides the function of conventional air automatic monitoring system, it also exhibits the function of forecasting development trend of air pollution within a certain time range by analyzing the data obtained by front-end perception system according to neural network technology

Rethinking central banking: committee on international economic policy and reform

This report was written by The Committee on International Economic Policy and Reform, a non-partisan and non-ideological group of independent experts, comprised of academics and former government and central bank officials. The objective of the group is to analyze global monetary and financial problems, offer systematic analysis and advance reform ideas that would ordinarily not emerge from official processes.The Committee will identify areas in which the global economic architecture should be strengthened and work to develop solutions that attempt to reconcile national interests with broader global interests. It will attempt to offer useful suggestions to national policy makers and international financial institutions and foster public understanding of the key issues in global monetary management and economic governance. In this September 2011 report, the committee lays out a framework for rethinking central banking in light of lessons learned in the lead-up to and aftermath of the global financial crisis

Banks and cross-border capital flows: challenges and regulatory responses

his report was written by the Committee on International Economic Policy and Reform, a non-partisan, independent group of experts, comprised of academics and former government and central bank officials. Its objective is to analyze global monetary and financial problems, offer systematic analysis, and advance reform ideas. The committee attempts to identify areas in which the global economic architecture should be strengthened and recommend solutions intended to reconcile national interests with broader global interests. Through its reports, it seeks to foster public understanding of key issues in global economic management and economic governance. Each committee report will focus on a specific topic and will emphasize longer-term rather than conjunctural policy issues. In this September 2012 report, the committee lays out a framework for cross-border banking flows and for improved regulatory coordination

Choice Models and Customer Relationship Management

Customer relationship management (CRM) typically involves tracking individual customer behavior over time, and using this knowledge to configure solutions precisely tailored to the customers' and vendors' needs. In the context of choice, this implies designing longitudinal models of choice over the breadth of the firm's products and using them prescriptively to increase the revenues from customers over their lifecycle. Several factors have recently contributed to the rise in the use of CRM in the marketplacePeer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/47023/1/11002_2005_Article_5892.pd