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‘Dark matter’ in the external sector of the United States

). Gourinchas, P.-O., & Rey, H. (2007). From world banker to world venture capitalist: US external adjustment and the exorbitant privilege. In R. H. Clarida (Ed.), G7 Current account imbalances: Sustainability and adjustment (pp. 11-66). Chicago: University of Chicago Press. Gros, D. (2006a). Foreign investment in the US (II): Being taken to the cleaners? . (Research Notes No. 13: Deutsches Institut für Wirtschaftsforschung). Gros, D. (2006b). Why the US current account deficit is not sustainable. International Finance , 9 (2), 241-260. Hausmann, R

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Trade Credit Insurance and Asymmetric Information Problem

Abstract

The presence of different risk factors in international trade gives evidence of the necessity of support in gaps that may affect exporters’ activity. To maximize the trade volumes and in the same time to minimize the exporters’ risks the stakeholders use trade credit insurance. The paper provides analysis of conceptual background of the trade credit insurance in the world. We analyzed briefly the problems, arising in insurance markets due to asymmetric information, such as adverse selection and moral hazard. Also we discuss the main stages of development of trade credit insurance in countries worldwide. Using comparative and graphical analysis we provide a brief evaluation of the dynamics of claims and recoveries for different forms of trade credit insurance. We found that the claims related to the commercial risk for medium and long trade credits in recent years exceed the recoveries, while with the political risk the reverse trend holds. And we originally consider these findings in terms of information asymmetry in the trade credit insurance differentiated by type of risk.

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Trade Credit Insurance and Asymmetric Information Problem

Abstract

The presence of different risk factors in international trade gives evidence of the necessity of support in gaps that may affect exporters’ activity. To maximize the trade volumes and in the same time to minimize the exporters’ risks the stakeholders use trade credit insurance. The paper provides analysis of conceptual background of the trade credit insurance in the world. We analyzed briefly the problems, arising in insurance markets due to asymmetric information, such as adverse selection and moral hazard. Also we discuss the main stages of development of trade credit insurance in countries worldwide. Using comparative and graphical analysis we provide a brief evaluation of the dynamics of claims and recoveries for different forms of trade credit insurance. We found that the claims related to the commercial risk for medium and long trade credits in recent years exceed the recoveries, while with the political risk the reverse trend holds. And we originally consider these findings in terms of information asymmetry in the trade credit insurance differentiated by type of risk.

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Monetary policy as a source of risk in international business financings and investments

References Bekaert, J.G., Hodrick, R.J. (2011). International Financial Management, New Jersey, NJ: Pearson Prentice Hall. Cœuré, B. (2016), Sustainable Globalisation: Lessons from Europe, Public Speech to the Workshop: Financial globalization and its spillovers – monetary and exchange rate policy in times of crises, European Central Bank. Copeland, L. (2014), Exchange Rates & International Finance, Pearson Education. Eun, C., Resnick, B. (2014), International Financial Management, McGraw-Hill Education, 7 th Edition. Madura, J

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US Dollar and Euro as Global Currencies

US Dollar and Euro as Global Currencies

The paper is aimed at presenting the extent to which dollar and euro fulfil particular functions of world money. At the beginning, the author presents theoretical discussion about functions that money should perform in order to be universally used by foreign entities in trade and international finance. Then, the degree to which dollar and euro functioned as world money in the period 1999 - 2007 is subject to verification. Finally, dollar and euro prospects for becoming international currencies are discussed.

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Instrumenti Međunarodnog Platnog Prometa - Bankarske Garancije/ Instruments of Payment - Bank Guarantees

References Jovanovski, T. (2007). Megunarodni finansii. Skopje: Euro-mak Company. Kapor, P. (2007). Bank basics of banking and international banking. Megatrend univerzitet Beograd. Krstić, B. (2001). International Banking. Ekonomski fakultet Niš. Kozomara, J. (2001). Foreign Trade. Beograd: Besjeda i Ars Libri. Ognjanović, V. (2004). International Banking - basics, structure, functioning. Podgorica: Grifon. Stakić, B. i Barać, S. (2008). International Finance

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Bank Finance For Small And Medium-Sized Enterprises In Sri Lanka: Issues And Policy Reforms

sector, Asia Pacific Journal of Finance and Banking Research 1(1), 45-63. International Finance Corporation. (2009). The SME banking knowledge guide. Washington D.C International Finance Corporation. (2010). Scaling-Up SME Access to financial services in the Developing World. Washington D.C. International Finance Corporation. (2013). Doing Business 2013 data for Sri Lanka. Washington D.C. Institute of Policy Studies & Oxfam International. (2014). Female entrepreneurship and the role of business

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Nationality Diversity of Bank Boards

Motion for the Economy and Finance. Sofia: UNWE Printing House, 15-27. International Finance Corporation (2016). The corporate secretary: The governance professional. Washington DC. https://doi.org/10.1596/25393 International Finance Corporation (2015). A guide to corporate governance practices in the European Union. Washington DC International Finance Corporation (2012). Corporate governance for banks in Southeast Europe. Washington DC. IIC Partners. (2015). Bio-diversity among European bank board members

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Interdisciplinary groups perception on impact of technology: A study in Petro-Chemical sector

: Tests of Contingency and Configuration Models, Strategic Management Journal 18(1) pp. 2-23. [5] FICCI report: 2013Retrived from: http://ficci.in/sector/88/Project_docs/sector-profile-FICCI-petrochemical.pdf dated 12-02-2018 [6] Haldia Petrochemicals: http://www.haldiapetrochemicals.com/ dated 15-02-2018 [7] International Finance Corporation, World Bank Group. (2012). Micro, Small and Medium Enterprise Finance in India - A Research Study on Need, Gaps and Way Forward. International Finance Corporation (World Bank Group). Retrieved 11

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The importance of a project level risk management methodology for EU Structural and Investment Funds accession in Romania

References Badea, D. & Nicolae, C. (2015). Specific procurement procedures – sources of risk in the management of Structural Funds in Romania . Bucharest: Proceedings of the International Finance and Banking Conference FI BA 2015 (XIIIth Edition), Retrieved from http://store.ectap.ro . Badea, D. & Nicolae, C. (2015). Insurance of risks specific to non-reimbursable funds management system in Romania. Bucharest: Financial Studies, Year XIX – New series – Issue 2A(68A)/2015, Retrieved from http://fs.icfm.ro . Badea, D. (2003). Insurance

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