This document summarizes the Chief Economist's discussion of policy challenges facing the global economy in areas such as monetary policy, fiscal policy, and growth. It notes that while policymakers have successfully managed the crisis, challenges remain in areas like withdrawing monetary stimulus, reducing government debt, and rebalancing global growth. Overall economic growth is expected to be slow over the next few years. Coordinated, realistic policies across many levels will be needed to avoid future crises and promote sustainable growth.
Swedbank's Global Economic Outlook, 2010 March 18Swedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
The U.S. government has pushed up against its federally mandated debt ceiling and cannot borrow more unless the ceiling is raised. What can we expect in the coming weeks? Our market update provides some insights.
The quarterly CFO Survey is firmly established with media and policy makers as the authoritative barometer of UK corporates’ sentiment and strategies. It is the only survey of major corporate users of capital that gauges attitudes to valuations, risk and financing.
The global economy is improving overall, with the U.S. and U.K. leading the way. We expect higher GDP growth from the U.S. to support risk assets in the third quarter. We continue to expect a rise in U.S. interest rates in 2014, though eurozone policy may help slow a near-term increase. We favor credit, prepayment, and liquidity risks, which we express in allocations to mezzanine CMBS, peripheral European sovereigns, select EM sovereigns, and interest-only (IO) CMOs.
Swedbank's Global Economic Outlook, 2010 March 18Swedbank
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
The U.S. government has pushed up against its federally mandated debt ceiling and cannot borrow more unless the ceiling is raised. What can we expect in the coming weeks? Our market update provides some insights.
The quarterly CFO Survey is firmly established with media and policy makers as the authoritative barometer of UK corporates’ sentiment and strategies. It is the only survey of major corporate users of capital that gauges attitudes to valuations, risk and financing.
The global economy is improving overall, with the U.S. and U.K. leading the way. We expect higher GDP growth from the U.S. to support risk assets in the third quarter. We continue to expect a rise in U.S. interest rates in 2014, though eurozone policy may help slow a near-term increase. We favor credit, prepayment, and liquidity risks, which we express in allocations to mezzanine CMBS, peripheral European sovereigns, select EM sovereigns, and interest-only (IO) CMOs.
Deloitte global powers of consumer products 2014vishalsingh660
To start a new section, hold down the apple+shift keys and click
to release this object and type the section title in the box below.
Global Powers of Consumer Products 2014
Deloitte Touche Tohmatsu Limited (DTTL) is
pleased to present the 7th annual
Global Powers of
Consumer Products
. This report identifies the 250 largest
consumer products companies around the world based
on publicly available data for the fiscal year 2012
(encompassing companies’ fiscal years ended through
June 2013).
The report also provides an outlook for the global
economy, an analysis of market capitalization in the
industry, a look at M&A activity in the consumer
products sector, and a discussion of major trends
affecting consumer products companies.
No bubble trouble; stocks are still reasonably priced. This credit cycle has unique characteristics that continue to make high-yield bonds attractive. Interest-rate volatility poses greater risk than higher rates themselves.
U.S. equities continued their impressive advance, with
no significant declines during the quarter. In Europe, policy changes may function as an important tailwind for growth and market performance. Globally, M&A activity has been on the rise, giving a boost to equity prices across the market-cap spectrum. The current bull market has been significant — in terms of both length and magnitude.
Quantic Asset Management Monthly Review April 2019
Find out more about our services by visiting https://www.quantic-am.com/en/and https://www.tirthas.com/
We expect rate volatility to remain high as Fed tapering continues and as the U.S. labor market struggles to normalize. In Europe, the European Central Bank has moved a step closer to easier monetary policy, which may drive further spread compression in peripheral sovereign bonds. Recent stability in emerging-market asset markets suggests better data for developing countries could be on the horizon. Our outlook for credit, prepayment, and liquidity risks remains positive.
A Shared European Policy Strategy for Growth, Jobs, and StabilityLucio Ghioldi
Un documento di nove pagine del Governo Italiano diviso in tre punti e una conclusione.
Il primo punto è intitolato: "A Fragile Recovery: Challenges and Opportunities "
Il secondo punto è intitolato: "A Comprehensive Policy Mix". Dove si descrive un complesso di misure che realizzino una politica espansiva al posto di quella di austerità e rigore fin qui imposta dalla Commissione (e dalla Germania). Bisogna aumentare le capacità di crescita, sostenere la politica monetaria della Bce, varare una politica fiscale europea che tenda a riequilibrare le politiche nazionali aiutando la loro flessibilità in modo da ristabilire tra loro un equilibrio attualmente molto alterato. Completare l'Unione Bancaria ed estendere le garanzie in favore dei depositi bancari dei singoli Paesi. Fare intervenire l'Europa anche nelle politiche sociali e sindacali dei singoli Paesi, sempre al fine di rafforzare l'integrazione europea ed una politica di crescita e di equità. Rafforzare i confini europei verso il resto del mondo e smantellare al più presto possibile i confini interni ripristinati in molti Paesi violando il patto di Schengen. Dunque una politica comune dell'immigrazione più volte chiesta dall'Italia ma finora inesistente.
Il punto tre del documento rappresenta, con un titolo altamente significativo, lo sbocco istituzionale della politica europeista delineata nelle pagine precedenti: "From the Short-term to the Long-term View"
As Fed tapering unfolds, we expect to see stronger growth from developed markets, while emerging markets in aggregate may experience further currency and capital market weakness. In the United States, declining labor participation continues to drive falling unemployment figures, and may harbor the beginning of a wage inflation surprise.
• We expect credit, liquidity, and prepayment risks will continue to
be rewarded by the market in the months ahead, while interestrate
risk remains unattractive due to its asymmetric risk profile.
From the BPV Capital Management investment team comes our most recent update on capital markets. In this issue, we examine how a risk-on environment in equities did not translate to fixed income, keeping interest rates subdued.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Deloitte global powers of consumer products 2014vishalsingh660
To start a new section, hold down the apple+shift keys and click
to release this object and type the section title in the box below.
Global Powers of Consumer Products 2014
Deloitte Touche Tohmatsu Limited (DTTL) is
pleased to present the 7th annual
Global Powers of
Consumer Products
. This report identifies the 250 largest
consumer products companies around the world based
on publicly available data for the fiscal year 2012
(encompassing companies’ fiscal years ended through
June 2013).
The report also provides an outlook for the global
economy, an analysis of market capitalization in the
industry, a look at M&A activity in the consumer
products sector, and a discussion of major trends
affecting consumer products companies.
No bubble trouble; stocks are still reasonably priced. This credit cycle has unique characteristics that continue to make high-yield bonds attractive. Interest-rate volatility poses greater risk than higher rates themselves.
U.S. equities continued their impressive advance, with
no significant declines during the quarter. In Europe, policy changes may function as an important tailwind for growth and market performance. Globally, M&A activity has been on the rise, giving a boost to equity prices across the market-cap spectrum. The current bull market has been significant — in terms of both length and magnitude.
Quantic Asset Management Monthly Review April 2019
Find out more about our services by visiting https://www.quantic-am.com/en/and https://www.tirthas.com/
We expect rate volatility to remain high as Fed tapering continues and as the U.S. labor market struggles to normalize. In Europe, the European Central Bank has moved a step closer to easier monetary policy, which may drive further spread compression in peripheral sovereign bonds. Recent stability in emerging-market asset markets suggests better data for developing countries could be on the horizon. Our outlook for credit, prepayment, and liquidity risks remains positive.
A Shared European Policy Strategy for Growth, Jobs, and StabilityLucio Ghioldi
Un documento di nove pagine del Governo Italiano diviso in tre punti e una conclusione.
Il primo punto è intitolato: "A Fragile Recovery: Challenges and Opportunities "
Il secondo punto è intitolato: "A Comprehensive Policy Mix". Dove si descrive un complesso di misure che realizzino una politica espansiva al posto di quella di austerità e rigore fin qui imposta dalla Commissione (e dalla Germania). Bisogna aumentare le capacità di crescita, sostenere la politica monetaria della Bce, varare una politica fiscale europea che tenda a riequilibrare le politiche nazionali aiutando la loro flessibilità in modo da ristabilire tra loro un equilibrio attualmente molto alterato. Completare l'Unione Bancaria ed estendere le garanzie in favore dei depositi bancari dei singoli Paesi. Fare intervenire l'Europa anche nelle politiche sociali e sindacali dei singoli Paesi, sempre al fine di rafforzare l'integrazione europea ed una politica di crescita e di equità. Rafforzare i confini europei verso il resto del mondo e smantellare al più presto possibile i confini interni ripristinati in molti Paesi violando il patto di Schengen. Dunque una politica comune dell'immigrazione più volte chiesta dall'Italia ma finora inesistente.
Il punto tre del documento rappresenta, con un titolo altamente significativo, lo sbocco istituzionale della politica europeista delineata nelle pagine precedenti: "From the Short-term to the Long-term View"
As Fed tapering unfolds, we expect to see stronger growth from developed markets, while emerging markets in aggregate may experience further currency and capital market weakness. In the United States, declining labor participation continues to drive falling unemployment figures, and may harbor the beginning of a wage inflation surprise.
• We expect credit, liquidity, and prepayment risks will continue to
be rewarded by the market in the months ahead, while interestrate
risk remains unattractive due to its asymmetric risk profile.
From the BPV Capital Management investment team comes our most recent update on capital markets. In this issue, we examine how a risk-on environment in equities did not translate to fixed income, keeping interest rates subdued.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
But resolving this legacy issue with continued application of past interventionist instruments does not incentivize the much needed structural reforms and private capital market activities. Financial repression has induced a re-allocation of capital across markets and greatly enhanced the role of public markets at the detriment of private market activities. Artificially low – or in some cases even negative – interest rates break the credit intermediation channel which can crowd out viable private investors.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
AnsA) When financial markets stood on the verge of collapse in th.pdfsutharbharat59
Ans:
A) When financial markets stood on the verge of collapse in the summer of 2008, two of the
worlds most important central banks, the US Federal Reserve and the Bank of England, began
considering unorthodox policy measures. They turned to Quantitative Easing, or QE: injecting
money into the economy by purchasing assets from the private sector, in the hope of boosting
spending and staving off the threat of deflation. These were desperate measures for desperate
times.
With signs of a fragile economic recovery gathering enough momentum to reassure
policymakers in the US, the policy was expected to be wound down. But in a move that caught
commentators off guard, the Fed instead committed to continue with its existing level of asset
purchases. For the foreseeable future, at least, QE is here to stay. What began as a short-term
crisis measure has now become a key component of Anglo-American growth strategies. Its
important, then, to take stock of QE and the central role it has played within the Anglo-American
response to the financial crisis.
The way the Fed led the policy response to the financial crisis is important in two ways. First, it
reflects the extent to which the Anglo-American economies have become financialised: credit-
debt relations are pervasive throughout all facets of contemporary economic activity and there
has been a deepening, extension and deregulation of financial markets commensurate with this
development. In that context, with the increased competitiveness, scale and global integration of
financial markets intensifying the risk of financial instability, the crisis management capacities of
central banks have become increasingly important.
Second, central bank leadership of the policy response also reflects a key feature of neoliberal
political economy in practice. Despite all the rhetoric of free markets, competition and
deregulation that has been the mainstay of neoliberalism, there is a central contradiction at its
heart: neoliberalism has been extremely reliant upon the active interventions of central banks
within supposedly free markets.
The crisis has been warehoused on the expanding balance sheets of central banks, demonstrating
just how much scope for policy manoeuvre there is when governing elites want it. Government
debt and private assets, including toxic mortgage-backed securities, have been indefinitely
transferred onto central bank accounts. This strategy highlights the role of arbitrary accounting
processes, shaped by state institutions, at the heart of supposedly free market economies.
Given this room for manoeuvre, there is no doubt that a much more expansionary fiscal policy
and a progressive taxation system could have been implemented in response to the crisis, but that
response is foreclosed by the ideological confines of the prevailing neoliberal orthodoxy. Instead,
we have monetary expansion and fiscal austerity.
Incubated within the crisis conditions of the 1970s, the neoliberal revolution in the West.
What recent and past actions have Canada and the US taken to counter.pdfmeejuhaszjasmynspe52
What recent and past actions have Canada and the US taken to counteract their exchange rates
with the economy in such distress over the past 10 years?
Solution
Since 2007, the world has experienced a period of severe financial stress, not seen since the time
of the Great Depression. This crisis started with the collapse of the subprime residential
mortgage market in the United States and spread to the rest of the world through exposure to
U.S. real estate assets, often in the form of complex financial derivatives, and a collapse in global
trade. Many countries were significantly affected by these adverse shocks, causing systemic
banking crises in a number of countries, despite extraordinary policy interventions. Systemic
banking crises are disruptive events not only to financial systems but to the economy as a whole.
Such crises are not specific to the recent past or specific countries – almost no country has
avoided the experience and some have had multiple banking crises. While the banking crises of
the past have differed in terms of underlying causes, triggers, and economic impact, they share
many commonalities. Banking crises are often preceded by prolonged periods of high credit
growth and are often associated with large imbalances in the balance sheets of the private sector,
such as maturity mismatches or exchange rate risk, that ultimately translate into credit risk for
the banking sector.
Crisis management starts with the containment of liquidity pressures through liquidity support,
guarantees on bank liabilities, deposit freezes, or bank holidays. This containment phase is
followed by a resolution phase during which typically a broad range of measures (such as capital
injections, asset purchases, and guarantees) are taken to restructure banks and reignite economic
growth. It is intrinsically difficult to compare the success of crisis resolution policies given
differences across countries and time in the size of the initial shock to the financial system, the
size of the financial system, the quality of institutions, and the intensity and scope of policy
interventions. With this caveat we now compare policy responses during the recent crisis episode
with those of the past. The policy responses during the 2007-2009 crises episodes were broadly
similar to those used in the past. First, liquidity pressures were contained through liquidity
support and guarantees on bank liabilities. Like the crises of the past, during which bank
holidays and deposit freezes have rarely been used as containment policies, we have no records
of the use of bank holidays during the recent wave of crises, while a deposit freeze was used only
in the case of Latvia for deposits in Parex Bank. On the resolution side, a wide array of
instruments was used this time, including asset purchases, asset guarantees, and equity injections.
All these measures have been used in the past, but this time around they seem to have been put in
place quicker (for detailed informatio.
Swedbank was founded in 1820, as Sweden’s first savings bank was established. Today, our heritage is visible in that we truly are a bank for each and every one and in that we still strive to contribute to a sustainable development of society and our environment. We are strongly committed to society as a whole and keen to help bring about a sustainable form of societal development. Our Swedish operations hold an ISO 14001 environmental certification, and environmental work is an integral part of our business activities.
MTBiz is for you if you are looking for contemporary information on business, economy and especially on banking industry of Bangladesh. You would also find periodical information on Global Economy and Commodity Markets.
Global Powers of Consumer Products 2013Melih ÖZCANLI
Global Powers of Consumer Products 2013
Engaging the connected customer
by Deloitte, 2013
The opportunity for consumer products companies to manage their brands online, engage with consumers at an individual level, and drive sales through digital channels is significant. The question is how to do it well. Take a look at this year's report to see which consumer goods companies are on the Top 250 list. Then keep reading to see what approaches the industry is likely to take to engage this new, digitally empowered consumer.
Find out which companies are where on this year's Top 250 list by downloading the complete report.
As the global financial crisis entered its most dramatic phase, in the second half of 2008, the International Monetary Fund (IMF), many governments and several distinguished scholars advocated expansionary fiscal olicy as the second most effective tool (after monetary stimulus) to fight deep recession and deflation. Now, more than a year later, the previous excitement surrounding the supposed power of fiscal stimulus largely disappeared and instead has been replaced by ising concerns over the sustainability of public finances in many countries. Unfortunately, the previous enthusiasts of the active counter‐cyclical fiscal policy have not always realized the causality between the two.
Authored by: Marek Dąbrowski
Published in 2009
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
1. To the Point
Discussion on the economy, by the Chief Economist March 30, 2010
Cecilia Hermansson
Chief Economist
Economic Research Department
+46-8-5859 1588
cecilia.hermansson@swedbank.com
No. 3
2010 03 30
The art of doing it right
Our global forecast from March 18th envisaged a slow recovery for the
world economy with diverging developments between industrial countries
and emerging markets. The outlook for China and India is clearly positive
with GDP growth rates of 8-9%, while growth in the US, Europe and Japan
more or less stays between 1 and 2.5%. The somewhat faster upturn in the
US this year is mainly a result of inventory adjustments and stimulus
measures, while underlying demand in most mature economies will remain
weak.
A slow and bumpy recovery may not be problematic as long as a double dip
can be avoided. More important are the many policy challenges facing the
world economy in general, and industrial countries in particular.
Deleveraging in the private sector, consolidating public finances to deal with
sovereign debt, withdrawing monetary policy stimulus, and rebalancing
growth in Europe as well as globally are just a few. In addition, structural
adjustments to counter increasing competition from emerging markets,
climate change, energy renewal, the development of welfare systems and
demographics are issues that must be addressed by policymakers. This
version of To the Point discusses the art of doing it right over the next few
years. We limit the discussion to the following areas:
1. Realistic policy-making
2. Monetary policy and financial regulation
3. Fiscal policy
4. Rebalancing growth
5. Growth policies and structural reforms
Realistic policy-making
With so many challenges facing policymakers at the same time, policies have to be
coordinated at many different levels, such as: 1) between fiscal and monetary
economic policies, 2) between countries and regions, 3) between national political
parties, and 4) over time.
Policymakers have been successful in managing the crisis, but will they also be
successful in preventing new ones? The dilemma they face is that as long as there is a
risk that the recovery will come to a halt, financial regulation should not be altered
nor should austerity measures be put in place, but when the growth outlook has
substantially improved the window of opportunity may have closed. Therefore, the
lessons learnt from the crisis must be kept alive and policies must be coordinated
from a long-term perspective.
There are challenges for politicians in developing policies that may come into practice
many years after they have left the political scene. In addition, most practices are
local or national, even though they are affected by other countries’ policies. Creating
policies on a regional or global level – and with a longer horizon – is much more
demanding for policymakers than usual.
2. To the Point (continued)
March 30, 2010
2
Chart 1: Inflation in the OECD countries
1972-2010
Source: Reuters EcoWin
72 74 76 78 80 82 84 86 88 90 92 94 96 98 00 02 04 06 08 10
Percent
-2.5
0.0
2.5
5.0
7.5
10.0
12.5
15.0
17.5
Most economic policies announced, for example, in the EU or the US have
incorporated optimistic growth assumptions over the next few years. This may
prove counterproductive if there is no Plan B. Why not be more cautious on growth
assumptions as the crisis in itself may have lowered potential growth and altered
economic models used to calculate growth? This would leave room for more
realistic policies going forward. At a minimum, worst case scenarios should be
created with a Plan B attached.
Monetary policy and financial regulation
Central banks face challenges on many fronts. Balance sheet policies must be
scaled back as the crisis abates, but when government bonds or the housing market
are involved it will be much more difficult to phase out the stimulus. Keeping the
repo rate low for an extended period of time may be good for the real economy, but
the transmission mechanism is not as strong as usual, and instead of supporting
companies there is a risk that household credits grow too fast in countries where
housing markets have been robust during the crisis.
There are tests ahead for central bankers in combining financial stability with price
stability. We could see a situation with lingering problems in the financial sector
and increasing inflation in consumer prices. Most likely, the goal of price stability
will be set aside if financial stability is threatened. There is also a need for more
research on how to combine these goals. So far, dealing with asset prices seems to
have been asymmetric in the sense that interest rates have been lowered (in
particular in the US) when asset prices have fallen, but have not increased when
asset prices have risen too fast. Leaning against the wind is one way of taking asset
prices into consideration, but more research is needed, not least to understand the
impact of often volatile asset prices on monetary policy.
Instead of discussing these challenges, there has been unreasonably large focus on
the acceptable level of inflation. IMF Chief Economist Olivier Blanchard may have
an academic interest when he suggested it would be worthwhile to analyse the pros
of raising the level from 2% to 4% so that monetary policy could respond more
aggressively to economic shocks. For practitioners it must have seemed like a joke.
At a time of growing uncertainty regarding central banks’ and governments’
commitment to keeping inflation low, it is important to stick to the anchor created.
It has taken years to develop inflation expectations around 2%, and by altering them
the confidence in central banks and governments may be lost. Besides, while the
level may be raised in theory, in practice it is not possible to increase inflation “just
a bit”. If raised to 4%, why not 6% or 8%? And higher and more volatile real
interest rates would clearly be more of a disadvantage to the economy than an
advantage.
Monetary policy will have to be reformed in the years to come. Inflation targeting
focused solely on consumer prices will have to be complemented with a larger
focus on asset prices, credit growth and financial stability in the longer term. In the
meantime it is important to stick to the inflation targets that have been set up as
policy makers’ commitment to keeping inflation low is being questioned.
While overregulating the financial sector must be avoided, there is still a need for
smarter regulation and supervision. The most important thing is to make the
financial sector less procyclical and more macro prudential. Creating incentives to
reduce the risk of moral hazard is also important, as is creating a financial sector
that can be an intermediary for the capital needed to facilitate growth and structural
transformation. As the financial sector will always be fragile, the right level for
capital requirements is hard to find. Too high of a requirement will raise capital
costs for companies and households, and too low of a requirement could increase
instability in the longer term.
3. To the Point (continued)
March 30, 2010
3
Chart 2: Fiscal position in selected OECD-
countries
0
50
100
150
200
250
-16 -14 -12 -10 -8 -6 -4 -2 0
Japan
USA
UKIreland
Greece
Spain
France
Portugal
Eurozone
Belgium
Italy
Germany
Finland Sweden
Public debt, % av GDP
Budget balance,% av GDP
Fiscal policy
As central banks unwind their balance sheet policies and keep repo rates low,
governments must deal with rising sovereign debt causing turbulence on financial
markets and negatively affecting growth. In countries like Ireland, Greece, Portugal
and the Baltics, budget consolidation has already begun. In the Baltics especially,
there is an awareness of the need for austerity, but in many other EU countries this
awareness is still lacking.
For the US, UK, France and other large economies, there is also a need to create
awareness. It will no longer be possible for them to live beyond the means, as it
most likely will become harder to find financing in the future. Because banks may
also have to raise more capital, the combination of high sovereign debt and tighter
financial regulation may increase interest rates going forward.
Budget consolidation will most likely start during the next year in most larger
economies. Still, there is lack of detail in the austerity plans, and most growth
assumptions are too optimistic. How to raise taxes and lower expenditures when
voters are not ready can certainly be a challenge. In the EU, there is still a vision of
expanding the welfare state, lowering working hours, and further reducing taxes.
Add the demographic challenge, and the equation will be hard to solve.
After the high inflation of the 1970’s and 80’s, new institutions were set up in many
countries, such as inflation targeting, an independent central bank, etc. Efforts to
create lower inflation expectations were successful, and inflation targeting served
its purpose for many years (but became too narrow-minded when asset bubbles
started to blow up more frequently). Now it is time to strengthen institutions that
create budget discipline in both good times and bad. Sweden is a case in point.
After the financial and property crisis in the early 1990’s, expenditure ceilings and
budget goals were established, improving fiscal discipline since then. The fact that
most EU countries allowed budget deficits during the good times points to the need
for such institutions, including independent fiscal councils and fixed targets.
Rebalancing growth
Germany should not become less competitive, as has been suggested as a solution
to rebalancing growth within the Euro zone. Of course, countries like Greece,
Portugal and Spain must become more competitive. The agenda for 2020 rightly
points to reforms to increase competitiveness in Europe as a whole. As these
countries must improve their external balances, however, there must be increasing
demand from outside of Europe to absorb the larger European export volumes.
Where is this demand going to come from?
Countries with high surpluses today (e.g., China, Japan, Germany, Arab countries,
Singapore, Norway and Sweden) will be the ones best able to absorb most of the
rebalancing of growth. They have more leeway to increase demand among
companies and households. The problem is that it takes time. In China, for example,
the social security system must be developed in order to lower the need for savings,
and that is a slow and complicated process.
The US congress is pressing the Obama administration to declare China a currency
manipulator on April 15th, when a report is due to be presented by the Treasury. If
this happens, the US may take the issue to the World Trade Organisation (WTO) or
start raising tariffs on Chinese products. As China will not succumb to foreign
pressure, there is a risk that declaring China a manipulator will develop into a trade
war. If anything, this would be devastating to global economic growth going
forward.
4. To the Point (continued)
March 30, 2010
4
Chart 3: GDP Growth according to
Swedbank’s forecast
-8
-6
-4
-2
0
2
4
6
8
10
12
USA EMU Japan China India Global
GDP
2009
2010
2011
2012
Economic Research Department
SE-105 34 Stockholm, Sweden
Telephone +46-8-5859 1000
ek.sekr@swedbank.com
www.swedbank.com
Legally responsible publishers
Cecilia Hermansson
+46-8-5859 1588
China has increased imports during the crisis and become a growth engine in the
world economy, although perhaps not sufficiently so. The rebalancing must
continue, as the US and the UK can no longer be consumers of last resort; other
countries must slowly take over. For Europe to take greater responsibility, the key
is to continue with growth-oriented policies and structural reforms that increase
domestic demand, for example, by integrating service markets.
Growth policies and structural reforms
The best way to reduce sovereign debt in industrial countries is not by increasing
inflation. A recent IMF study by Carlo Cottarelli shows that with 6% inflation
(instead of 2%), public debt as a share of GDP would be 8 percentage points lower
in 2014 in the OECD countries. Therefore, inflation would have to be much higher
for several years to have a substantial impact on debt ratios, and then there would
be significant disadvantages for the real economy. Raising taxes and cutting
expenditures considerably could cause anaemic growth for years. So despite the
need, there also have to be structural reforms and growth-oriented policies that at
the same time enhance growth.
Notwithstanding the stimulus measures used to boost demand, the recovery in the
industrial economies has been less than convincing. Supply side measures must be
added, such as improvements to education and research systems, better rules for
entrepreneurship, and micro-oriented reforms that improve efficiencies in labour
markets, housing markets and product markets. The EU in particular has much to
gain by increasing competition and better integrating the service sector. Further,
climate change could create incentives for investments in green infrastructure,
including energy. Without bold measures, there is going to be a long period of slow
growth in many industrial countries. This will make it much more difficult to face
growing competition from emerging markets, where there is no need for austerity
measures and credit markets are functioning better.
With so many challenges facing our policy makers, a lot of credit must go to those
who make the hard decisions. Who said the art of doing the right thing was easy?
Cecilia Hermansson
To the Point is published as a service to our customers. We believe that we have used reliable
sources and methods in the preparation of the analyses reported in this publication. However, we
cannot guarantee the accuracy or completeness of the report and cannot be held responsible for any
error or omission in the underlying material or its use. Readers are encouraged to base any
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Point.