Robert Shiller: Making Sense of the Irrationality of Markets

The question of what motivates a trader to buy or sell shares at any particular moment is probably as old as the stock market itself. Given that trading securities often is a pursuit largely devoid of rational behaviour – though

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Grant Thornton UAE: A Defining Period for UAE Capital Markets

The economy of the United Arab Emirates (UAE) is set to grow at a significant pace in 2014 due to an overall positive outlook. With investor confidence building momentum, sustainable growth seems assured. The UAE is particularly noted for possessing

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PwC Study: High Demand for Quality Infrastructure in Emerging Markets

Relentless urbanisation is driving increased demand for higher quality, more affordable and greener urban infrastructure in emerging and developed markets. The world’s cities are already home to more than half the world’s population, and that number is expected to increase

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Ernst & Young, Argentina: Tax Reform Affects Stocks and Dividends

On September 23 of last year a law (nr. 26,893) was introduced which significantly amend the Argentine income tax law. It was published in the Official Bulletin. As an introduction, the main amendments are aimed at levying income tax over

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IFC: Indonesia Needs Good Corporate Governance

Indonesia’s economy is facing tough challenges: A slowdown of gross domestic product growth, a depreciation of the rupiah and a tightening of external financing. On the political side, the country is entering a period of uncertainty with upcoming legislative and

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Inez Murray: Women in Business – Bankers Advised to Take Note

Getting banks to notice women is quite the challenge. Whereas research consistently shows that women are exceedingly good at managing money and budgets, banks often ignore the female demographic or fail to put processes in place that facilitate the financial

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Bitcoin – Chronicle of a Failure Foretold

Transaction malleability – a fraudulent, though most lucrative, way of receiving money without anyone actually sending it – is driving another nail into Bitcoin’s coffin. The digital money is by no means dead (yet), and could even perform a Phoenix

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Barry E. Silbert: Going Out on a Limb, Reinventing Capital Markets

SecondMarket was set up in 2004 and has since expanded into multibillion dollar trading platform with well over 53,000 registered participants. The exchange offers a bewildering array of securities ranging from public debt instruments to bankruptcy claims and credit derivatives.

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Blythe Masters: The Risks of Spreading the Risk

Out of a tragic oil spill came forth a new financial instrument: The credit default swap – to some a financial weapon of mass destruction; to others a nifty way to spread, and thus diminish, credit risk. The credit default

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World Bank Support to Promote Transparency, Accountability and Job Creation in Jordan

A US$250 million loan, approved last week, will ease Jordan’s fiscal strains, which have been deepened by the influx of Syrian refugees and by regional turmoil that has disrupted its hydrocarbon supplies from Egypt. The World Bank’s support to Jordan

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