scholarly journals How Financial Sector and Social Overhead Capital Determine GDP Growth

2017 ◽  
Vol XX (Issue 3A) ◽  
pp. 660-672
Author(s):  
Cicih Ratnasih
Keyword(s):  
Financial Sector ◽  
Gdp Growth ◽  
Social Overhead Capital

Financial revolution and economic modernisation in Sweden

2009 ◽  
Vol 16 (1) ◽  
pp. 47-71 ◽  
Author(s):  
Anders Ögren
Keyword(s):  
Economic Growth ◽  
Nineteenth Century ◽  
Commercial Bank ◽  
Financial Services ◽  
Main Part ◽  
Financial System ◽  
Financial Sector ◽  
Industrial Sector ◽  
Equity Capital ◽  
Gdp Growth

AbstractThe development of a well-adapted financial system was a main part of the successful Swedish economic modernisation in the latter half of the nineteenth century. In this article it is shown that this development followed the pattern of a financial revolution. Major institutional and organisational changes that took place roughly between the late 1850s and early 1870s led to a rapid increase in liquidity and financial services. This financial revolution preceded the acceleration in economic growth in general and in the modern, industrial sector in particular. Monetisation especially encouraged growth, both in the industrial sector and in GDP as a whole. The basis of the financial system, measured as commercial bank assets and equity capital, affected overall GDP growth. The results also clearly promoted the importance of the development of the financial sector and monetisation as an interlinked and complementary process.

scholarly journals Risk Factors and Efficiency Measurement in Togolese Banking Sector: the Case of ECOBANK-Togo

2012 ◽  
Vol 3 (2) ◽  
pp. 45
Author(s):  
Kolani Pamane ◽  
Fabrice Boko
Keyword(s):  
Risk Factors ◽  
Economic Growth ◽  
Banking Sector ◽  
Financial Sector ◽  
The State ◽  
Efficiency Measurement ◽  
Financial Ratios ◽  
Gdp Growth ◽  
Economy Growth ◽  
Domestic Credit

The economic growth of a country depends on several factors which can be both macro and micro economics. The financial sector and more precisely the banking sector contributesin a non negligible part to this growth. This paper starts by analyzing the performance and the part of the Togolese banking sector in the economy by pointing out the challenges and risks that the sector faced the last few years. The paper then examined and evaluated the performance and the risk factors of the Ecobank – Togo from the period 2005 to 2010 using 11 financial ratios divided into 4 groups namely profitability, liquidity, and risk and efficiency ratios.The results of the study shows that the banking sector in Togo is playing a very important role inthe economy growth in term of the domestic credit and loans provided by this sector to support the private projects and the state activities, and also in term of the GDP growth. The results also show that ECOBANK-Togo performs well over the 5 past years in term of efficiency, profitability and liquidity although he has many risks to face.

scholarly journals Vulnerable Growth

2019 ◽  
Vol 109 (4) ◽  
pp. 1263-1289 ◽  
Author(s):  
Tobias Adrian ◽  
Nina Boyarchenko ◽  
Domenico Giannone
Keyword(s):  
Conditional Distribution ◽  
Financial Sector ◽  
Gdp Growth ◽  
Conditional Volatility ◽  
Conditional Mean ◽  
Financial Conditions ◽  
Over Time

We study the conditional distribution of GDP growth as a function of economic and financial conditions. Deteriorating financial conditions are associated with an increase in the conditional volatility and a decline in the conditional mean of GDP growth, leading the lower quantiles of GDP growth to vary with financial conditions and the upper quantiles to be stable over time. Upside risks to GDP growth are low in most periods while downside risks increase as financial conditions become tighter. We argue that amplification mechanisms in the financial sector generate the observed growth vulnerability dynamics. (JEL C53, E23, E27, E32, E44)

scholarly journals Chile

2016 ◽  
Vol 2016 (376) ◽  
Author(s):  
Keyword(s):  
Financial Sector ◽  
Gdp Growth ◽  
Job Growth ◽  
Business Confidence ◽  
Held Back

This 2016 Article IV Consultation highlights that GDP growth in Chile has been weak, with activity slowing in October. However, conditions are in place for the economy to recover. After expanding by a moderate 1.7 percent in 2016, growth is forecast to increase to 2 percent in 2017. Faster growth in main regional partners and more stable copper prices are expected to lift exports and investment. The recovery is, however, projected to be gradual, held back by slow wage and job growth and still low business confidence. The financial sector appears healthy. Banks’ profitability is declining, but capital buffers are adequate and nonperforming loan rates are low.

Sozial-räumliche Dynamiken der Agrartreibstoffe.

2016 ◽  
Vol 46 (184) ◽  
pp. 423-440 ◽  
Author(s):  
Kristina Dietz ◽  
Bettina Engels ◽  
Oliver Pye
Keyword(s):  
Political Economy ◽  
Capital Flows ◽  
Spatial Dynamics ◽  
Financial Sector ◽  
Comprehensive Analysis ◽  
Spatial Theory ◽  
Global Political Economy

This article explores the spatial dynamics of agrofuels. Building on categories from the field of critical spatial theory, it shows how these categories enable a comprehensive analysis of the spatial dynamics of agrofuels that links the macro-structures of the global political economy to concrete, place-based struggles. Four core socio-spatial dynamics of agrofuel politics are highlighted and applied to empirical findings: territorialization, the financial sector as a new scale of regulation, place-based struggles and transnational spaces of resources and capital flows.

China: "A Bee Has a Stripy Back, but No One Can Call It a Tiger"

2003 ◽  
pp. 61-75
Author(s):  
V. Guelbras
Keyword(s):  
Energy Consumption ◽  
Gdp Growth ◽  
International Demand ◽  
Real Size ◽  
Rates Of Growth

The article is devoted to verification of the Chinese GDP data. The author compares the rates of GDP growth with the rates of growth of energy consumption, transport turnover of goods, and numbers of projected and constructed objects in 1980-2000. The former was significantly lower during that period. He also analyses the level of using productive capacities and the quality of production. About 25-30% of industrial productive capacities are not used because there is neither national nor international demand for their low quality goods. The main conclusion of the article is that the Chinese GDP real size is about 20-30% less than official releases.

Impacts of Paris Agreement on Russian economy

2018 ◽  
pp. 76-94 ◽  
Author(s):  
I. A. Makarov ◽  
C. Henry ◽  
V. P. Sergey
Keyword(s):  
Climate Change ◽  
Economic Policy ◽  
Growth Rates ◽  
Paris Agreement ◽  
Gdp Growth ◽  
Russian Economy ◽  
Climate Policies

The paper applies multiregional CGE Economic Policy Projection and Analysis (EPPA) model to analyze major risks the Paris Agreement on climate change adopted in 2015 brings to Russia. The authors come to the conclusion that if parties of the Agreement meet their targets that were set for 2030 it may lead to the decrease of average annual GDP growth rates by 0.2-0.3 p. p. Stricter climate policies beyond this year would bring GDP growth rates reduction in2035-2050 by additional 0.5 p. p. If Russia doesn’t ratify Paris Agreement, these losses may increase. In order to mitigate these risks, diversification of Russian economy is required.

Russian Banking System under Conditions of Global Crisis

2009 ◽  
pp. 4-14 ◽  
Author(s):  
G. Gref ◽  
K. Yudaeva
Keyword(s):  
Banking System ◽  
Commodity Prices ◽  
Financial Sector ◽  
Banking Crises ◽  
Economic Recovery ◽  
Balance Sheets ◽  
Current Economic Crisis ◽  
Risk Appetite ◽  
The Us ◽  
The Face

Problems in the financial sector were at the core of the current economic crisis. Therefore, economic recovery will only become sustainable after taking care of the major weaknesses in the financial sector. This conclusion is relevant both for the US and UK - the two countries where crisis has started, and for other economies which financial institutions turned out to be fragile in the face of the swings in the risk appetite. Russia is one of the countries where the crisis has revealed serious deficiency in the financial sector. Our study of 11 banking crises during the last 25-30 years shows that sustainable economic recovery and decrease in the dependence on commodity prices will be virtually impossible without cleaning of balance sheets and capitalization of the financial sector.

Oil, Rates and Inflation

2005 ◽  
pp. 4-20
Author(s):  
E. Yasin
Keyword(s):  
Economic Growth ◽  
Money Supply ◽  
Raw Materials ◽  
Gdp Growth ◽  
Business Activity ◽  
Demand For Money ◽  
Percentage Points

Currency inflow in Russia from raw materials exports allows taking into account high business activity to assimilate growing money supply transforming it into economic growth. Fall in business activity as a result of pressure on business led to saturation of demand for money. This considerably increases the danger of inflation growth and requires sterilization of excess money supply including the usage of the Stabilization Fund. According to the author's estimates, corresponding losses in GDP growth will equal 1-2 percentage points per year.

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