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| 98.7 the bull | HAH and Ferrovial declined to comment. See general information about how to correct material in RePEc. The source did not give details on how much the Spanish infrastructure group was prepared to pay for Aberdeen, Glasgow and Southampton airports. Access and download statistics Corrections All material on this site has been provided by the respective publishers and authors. This allows to link your profile to this item. The deal comes as high-quality infrastructure investments, sought after by pension funds for their long-term, low-risk nature, have pablo ortiz forex news increasingly scarce. |
| What is aiding and abetting australia | When requesting a correction, please mention this item's handle: RePEc:apc:wpaper By contrast, the lack of CAA constraints on the far smaller airports of Aberdeen, Glasgow and Southampton would allow Ferrovial to focus on profits. If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form. Please note that corrections may take a couple of weeks to filter through the various RePEc services. HAH and Ferrovial declined to comment. |
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| Top soccer betting sites | You can help correct errors and omissions. See general information about how to correct material in RePEc. In December, Sky News reported that Ferrovial had said it wanted to buy the three airports. HAH and Ferrovial declined to comment. When requesting a correction, please mention this item's handle: RePEc:apc:wpaper |
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Moreover, the deviation from interest rate parity would have lasted for between three and four quarters in and for between four and five quarters in In Malaysia, the initial interest rate differentials would have been 50 basis points in and more than basis points in However, the elimination of these differentials would have been much more gradual than in Singapore. For Korea, the initial interest rate differential was smaller in a little more than basis points than in nearly basis points , and the differential decayed more rapidly in In contrast, Thailand did not exhibit a more rapid dampening of interest rate differentials in than in These results led Faruqee to conclude that there was strong support for the notion that financial market liberalization in the Asian countries in his sample had raised the level of integration between domestic and international financial markets.
Moreover, this increased integration occurred even in countries that had not significantly relaxed their capital controls for example, Korea. Taken together, these studies suggest that, typically, significant linkages existed between domestic and external financial market conditions even in many developing countries with extensive capital controls and that capital controls may have been less effective in the s than in earlier periods.
A number of variables may have helped either to increase the incentives for, or to reduce the costs of, moving funds across borders, including the large differentials that the residents of many developing countries observed in the real rates of return on holding domestic and external assets during the s.
Figure 4. Moreover, holding assets in offshore or industrial country markets may have become more attractive as the extensive financial liberalizations undertaken in the major industrial countries stimulated the development of a variety of new financial products and services. More-over, deposits in the banking systems of the major industrial countries may have been viewed as entailing less risk of financial loss than were deposits in the domestic banking systems in many developing countries, especially those experiencing financial crises and restructurings.
A final factor may have been associated with the financing of the growing illicit trade in drugs and other goods. There is some evidence that money laundering techniques became increasingly sophisticated as the s progressed. Channels that were developed to move funds derived from illicit activities could just as readily be used to move funds derived from other activities. Arriazu , Ricardo H. Artis , M. Bhagwati , Jagdish N. Bhandari , Jagdeep S. Bollard , Alan , and Robert Buckle , eds.
Browne , Francis X. Calvo , Guillermo A. Connolly and C. Cunningham , Thomas J. Diaz Alejandro , Carlos F. Dooley , Michael P. Fausten , Dietrich K. Flood , Robert P. Rose , Donald J. Frenkel , Jacob A. Giddy , Ian H. Levich and C. Wihlborg Lexington, Massachusetts : Lexington Books , ,.
Greene , Joshua E. Guidotti , Pablo , and Carlos A. Hamad-El-Nil , Yasin S. Haque , Nadeem U. Kamin , Steven B. Kenen , Peter B. Khan , Mohsin S. Khor , Hoe E. Krueger , Anne O. Cline and S. Thatcher New York : B. Blackwell , McKinnon , Ronald I. Meyer , Arno , and M. Montiel , Peter J. Quirk , Peter J. Sjaastad , Larry A. Yeager , Leland B. All Rights Reserved. Topics Business and Economics. Banks and Banking. Corporate Finance. Corporate Governance.
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Personal Finance -Taxation. Production and Operations Management. Public Finance. Real Estate. Sustainable Development. The date of such decree would be the relevant date for considering the forex rate. Under the extant Arbitration Act, the effective date for considering the exchange rate is the date of rejection of objections to the enforcement of the foreign award, or when all the remedies including appeals, revision petitions, etc.
For enforcing awards under the erstwhile Arbitration and Conciliation Act , a suit was required to be filed for obtaining a decree for enforcement of the award. The date of the resultant decree passed in terms of the award, would govern the rate of exchange adopted for conversion. Thus, the date of conversion would be the date when the award attained finality.
Awards rendered in India would be enforced after refusal of applications for challenging the award 11 Arbitration and Conciliation Act , s Thus, the date of dismissal of the challenge application would be the relevant date for consideration of the forex rate. However, in the event of the subsequent appeals or review petitions, the relevant date would be one when the challenge to the award was finally dismissed, i.
To submit a proposal for a blog post, please consult our Editorial Guidelines. Learn how Kluwer Arbitration Practice Plus can support you. Your email address will not be published. Save my name, email, and website in this browser for the next time I comment. This site uses Akismet to reduce spam. Learn how your comment data is processed. Skip to content. Date of commencement of action or proceedings: This date is marred with issues such as delay tactics by the opposite parties or prolonged litigations in court.
Date of payment: The date of payment of the decretal amount is also flecked with additional concerns. In absence of such ideal situations, the courts have determined the following dates as the relevant dates for conversion: Relevant date of conversion for enforcement of foreign awards Under the pre-Arbitration Act regime For enforcing awards under the erstwhile Foreign Awards Recognition and Enforcement Act, , on being satisfied that the foreign award is enforceable, the award was required to be filed for pronouncement of a judgement according to the award, which would be followed by a decree.
Under the Arbitration Act Under the extant Arbitration Act, the effective date for considering the exchange rate is the date of rejection of objections to the enforcement of the foreign award, or when all the remedies including appeals, revision petitions, etc.
Relevant date of conversion for enforcement of domestic awards Under the pre-Arbitration Act regime For enforcing awards under the erstwhile Arbitration and Conciliation Act , a suit was required to be filed for obtaining a decree for enforcement of the award. Under the Arbitration Act Awards rendered in India would be enforced after refusal of applications for challenging the award 11 Arbitration and Conciliation Act , s Date of award, i. Leave a Reply Cancel reply Your email address will not be published.
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