The Next Twenty Years
نویسنده
چکیده
Much has changed in international finance in the twenty years since UNU-WIDER was founded. This paper identifies five broad contours of what we might expect in the next twenty years: the flow of capital from ageing societies to the more youthful economies of the South; the growth in the financial services industry in emerging economies and the consequences for their capital flows; the current strength in emerging market debt, and whether this represents a change in fundamentals or merely the effect of low global interest rates; the impact of globalization in goods markets in lowering inflation expectations, and therefore global bond yields; and the implications of the adjustment in global imbalances between Asia (in particular China) and the United States for emerging bond markets as a whole. The paper ends by noting the paradox that today we see ever larger amounts of capital flowing across the globe in search of superior investment returns, and yet the financing needs of the poorer countries are still largely unmet.
منابع مشابه
Clinical Information Systems - From Yesterday to Tomorrow.
OBJECTIVES To review the history of clinical information systems over the past twenty-five years and project anticipated changes to those systems over the next twenty-five years. METHODS Over 250 Medline references about clinical information systems, quality of patient care, and patient safety were reviewed. Books, Web resources, and the author's personal experience with developing the HELP s...
متن کاملClinical Information Systems â From Yesterday to Tomorrow
Objectives: To review the history of clinical information systems over the past twenty-five years and project anticipated changes to those systems over the next twenty-five years. Methods: Over 250 Medline references about clinical information systems, quality of patient care, and patient safety were reviewed. Books, Web resources, and the author’s personal experience with developing the HELP s...
متن کاملNuclear production and metabolism of diacylglycerol.
The story of nuclear diacyglycerol is proving to be a complex one. Sub-pools of nuclear diglyceride that differ in their metabolism, nuclear localization and temporal regulation have been identified, suggesting potentially diverse signaling functions. One of the great remaining challenges is to assign functional roles to these diverse populations. In the last twenty years great strides have bee...
متن کاملForecasting the effects of climate change on the climatic of the Miahne-city using climate models (SDSM)
The purpose of this study is to determine and predict the effects of climate change on architecture using climate models. By clarifying the consequences of the impact of urban architecture on climate change while using the data of surrounding stations with library and field data methods. The climatic parameters of precipitation, temperature and relative humidity of the synoptic station of Miyan...
متن کاملبررسی ارتباط مقادیر پروتئین ادرار 4 و 24 ساعته در زنان با تشخیص اولیه اختلالات هیپرتانسیو حاملگی
Received: 21 April, 2009 Accepted: 21 Oct, 2009 Abstract Background & Aims: Proteinuria is one of the fundamental criteria for diagnosis of pre-eclampsia with quantative assessment based on twenty-four-hour urine protein estimation as the gold standard. The purpose of this study is to determine the correlation between four and twenty-four-hour urine total protein values to confirm the diagnos...
متن کامل