MONETARY POLICY & CENTRAL BANKING FINMGT2 COURSE SYLLABUS 1st Semester SY 2012 - 2013 UB VISION In pursuit of perfection‚ the University of Baguio is committed to provide balanced quality education by nurturing academic excellence‚ relevant social skills and ethical values in a fun-learning environment. SCHOOL OF BUSINESS ADMINISTRATION AND ACCOUNTANCY MISSION The University of Baguio educates individuals to be empowered professionals in a global community. The School of Business
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Abstract It can say that the new beginning of the banking sector in Myanmar is started on November 25‚ 2011. Before this time‚ Private Banks don’t have any license for foreign currency exchange services. Central Bank is the sole bank who can control the foreign currency exchange‚ and foreign exchange rate against US dollar was traditionally designated as around 6 Kyats per dollar since 1975 while the market exchange rate fluctuated between 780 and 1‚000 per dollar for the past several years. However
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AND CORPORATE POWERS OF THE BANGKO SENTRAL SECTION 1. Declaration of Policy. — The State shall maintain a central monetary authority that shall function and operate as an independent and accountable body corporate in the discharge of its mandated responsibilities concerning money‚ banking and credit. In line with this policy‚ and considering its unique functions and responsibilities‚ the central monetary authority established under this Act‚ while being a government-owned corporation‚ shall enjoy fiscal
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4. WHY SAVE EURO? 9 4.1 ALTERNATIVES 10 4.1.1 Split 10 4.1.2 Institutionalised austerity and ECB bailing out 12 4.1.3 ECB lends money to IMF and latter disburses loans with stiff conditionality’s 12 4.1.4 Creation of European treasury/ Empowering EFSF 12 4.1.5 United States of Europe and issuance of Euro bonds: 13 5. WAY FORWARD 14 TABLE OF FIGURES Figure 1: Prospects of the financial sector and sovereign spreads 7 Figure 2: History Repeats 9 Figure 3: Euro-area north-south
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Central bank of india 1. Monopoly of Note-Issue: Note-issue primarily is the main function of a central bank in every country. These days‚ in all the countries where there is a central bank generally it has got the monopoly or the sole right of note-issue Banker‚ Agent & Adviser to the Government: As banker to the government‚ central bank provides all those services and facilities to the government which public gets from the ordinary banks. It operates the accounts of the public enterprises
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Will the Euro Survive POINT VICKY PRYCE‚ Senior Managing Director‚ Economic Consulting‚ FTI consulting In 2002‚ when euro notes and coins entered circulation‚ the dominant view among the 15 (now 23) member states using the currency was that it represented a big step toward ensuring peace and prosperity for the Continent. What people in individual European countries tended to overlook was that a single currency brings greater interference by members of the union in each state’s monetary‚ fiscal
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enable banks to make affordable mortgages; control the exchange rate of the U.S. dollar insure bank deposits; print currency conduct monetary policy; oversee financial markets A banking panic is an episode in which: Answer depositors‚ spurred by news or rumors of possible bankruptcy of one bank‚ rush to withdraw deposits from the banking system. commercial banks‚ fearing Federal Reserve sanctions‚ unwillingly participate in open-market operations. commercial banks‚ concerned
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European crisis: Germany and the role of the trade unions Germany is usually presented in the mainstream media as having successfully weathered Europe’s vast economic crisis while German Chancellor Angel Merkel from the Christian Democratic Union (CDU) has gained enormous influence on the European political and financial scene. By contrast‚ in protests across Greece‚ Spain and other countries hit hardest by the crisis references about Germany as the “Fourth Reich” are increasingly being voiced
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Improving Decision Making in Crisis Response Through Critical Thinking Support Jan Maarten Schraagen Josine G. M. van de Ven TNO Defence‚ Security and Safety ABSTRACT: In this study‚ we describe how to use innovative techniques to improve the decision-making process in crisis response organizations. The focus was on building situation awareness of a crisis and overcoming pitfalls such as tunnel vision and information bias through using critical thinking. We started by observing typical difficulties
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Crisis news 10/8/2012 Asian shares rally‚ euro up on US jobs Asian shares rallied to a three-month high and the euro touched a one-month high against the dollar on Monday‚ as a stronger-than-expected U.S. jobs data and emerging optimism for European action on the debt crisis bolstered risk appetite. But caution is likely to remain until concrete measures are taken‚ which may be weeks away. More economists cut India growth forecasts More economists slashed their economic forecasts for India‚ with
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