2015 will be a defining year for the European Central Bank. It is expected to start buying up government bonds from member states from the end of January. This means the ECB is entering into significant risk and becoming dependent on the fiscal policy of the member states. As the example of Greece demonstrates, the central bank is thus making itself – along with other state creditors – vulnerab...

This article is devoted to the analysis of problems managing state debt Ukraine, which one most important aspects ensuring state's security. The reveals concept public debt, analyzes its role, and defines main management. It has been established that there no single definition «public debt» in science. A statistical assessment borrowing was carried out reasons for rapid growth were substantiate...

This study focuses on the poor and deteriorating quality of education in the Third World countries in relation to Cross-border in higher education (CBHE), as a result of colonisation and globalisation. By whatever standards, be they macroeconomic or social variable, the situation has been precipitous retrogression. Debt servicing obligation is on the increase. The subject is approached by appli...

The question that this thesis examines is whether traditional monolithic satellite designs have limited the value that the satellite market generates for the space industry. To answer this question, this thesis focuses on the "Value" that satellites generate. By examining the value that satellites offer their operators, this thesis determines if alternative methods of satellite design offer gre...

This paper examines the role of loan characteristics in mortgage default probability for different lenders UK. The accuracy prediction is tested with two statistical methods, a probit model and linear discriminant analysis, using unique dataset defaulted commercial portfolios provided by sixty-six financial institutions. Both models establish that attributes underlying real estate asset lender ...

The author introduces an approach for a consensual economic policy group of rapidly developing countries as response to contemporary global challenges. This article reconsiders the problems international integration in period deglobalization. puts forward hypothetical model debt market BRICS-bonds. paper discusses approaches servicing government and budget deficits BRICS based on shared framewo...

This paper utilizes the Least Squares Dummy Variables (LSDV) technique in investigating effect of financial depth on economic growth within a sample middle-income countries, over period 2005–2017. The research finds that has negative impact real GDP countries. result is robust to use alternative measures depth, per capita as proxy for growth, inclusion dummy variables control 2007–2010 global c...

Debt overhang in developing economies is an issue that must be addressed in order for these economies to grow. A debt burden that is high relative to the economy’s output results in a low credit rating by the rating agencies, which in turn leads to a higher price on further borrowing by the affected countries. Several remedies have been proposed (and used in practice) to resolve the problem of ...