1.

Record Nr.

UNISA990000825060203316

Autore

RIGUZZI, Maurizio

Titolo

La responsabilità limitata del vettore marittimo di merci / Maurizio Riguzzi

Pubbl/distr/stampa

Milano : A. Giuffrè, 1993

ISBN

88-14-04409-0

Descrizione fisica

191 p ; 24 cm

Collana

Pubblicazioni. N.S. / della Facoltà di giurisprudenza, dipartimento di scienze guridiche, Università di Modena ; 22

Disciplina

346.450.24

Soggetti

Vettore marittimo - Responsabilità

Merci - Trasporto - Tariffe - Legislazione

Collocazione

XXX.A. Coll. 111/ 20 (X 12 I 22)

Lingua di pubblicazione

Italiano

Formato

Materiale a stampa

Livello bibliografico

Monografia



2.

Record Nr.

UNINA9910973782103321

Autore

Arvai Zsofia

Titolo

A Framework for Developing Secondary Markets for Government Securities / / Zsofia Arvai, Geoffrey Heenan

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2008

ISBN

9786612841255

9781462321490

1462321496

9781452798523

1452798524

9781282841253

1282841254

9781451870329

1451870329

Edizione

[1st ed.]

Descrizione fisica

1 online resource (57 p.)

Collana

IMF Working Papers

IMF working paper ; ; WP/08/174

Altri autori (Persone)

HeenanGeoffrey

Disciplina

332.632044

Soggetti

Government securities

Secondary markets

Capital market

Debt Management

Debt

Debts, Public

Finance

Finance: General

Financial instruments

General Financial Markets: General (includes Measurement and Data)

Government debt management

Investment & securities

Investments: General

Public debt

Public finance & taxation

Public Finance

Securities markets

Securities

Sovereign Debt

Mexico



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Contents; I. Introduction; II. Lessons Arising from Country Experiences; III. Benefits of Deep and Liquid Secondary Government Securities Markets; A. Government Financing; B. Monetary Policy; C. Financial Market Development and Resiliency; IV. Impediments to Secondary Market Development; A. Macroeconomic Environment; B. Legal and Regulatory Framework; C. Market Infrastructure; D. Debt Management; E. Investor Base; F. Monetary Operations Framework; V. Sequencing of Secondary Market Development

A. Stylized Description of the Market and Sequencing of Measures to Develop the Government Debt MarketBoxes; 1. The Central Bank's Role in Developing Secondary Markets; 2. Country Examples of Major Shortcomings in Stage I; B. Stage II-Deepening of Markets; 3. Primary Dealer Systems; C. Stage III-Maturing Markets; D. Summary of Secondary Market Development Action Plans; Appendixes; Country Case Studies on Developing Secondary Markets; Tables; 1. Hungary: Main Macroeconomic Indicators; Figures; 1. Composition of Domestic Debt; 2. Hungary: Breakdown of Treasury Bond Holding by Investor Groups

3. Hungary: Breakdown of Treasury Bill Holding by Investor Groups2. Hungary: Nonresidents' Holdings of Government Securities at End-Year; 4. Hungary: Breakdown of Secondary Market Turnover of Treasury Bonds and Bills; 5. India: Government Securities Secondary Market Turnover, FY95-FY07; 6. India: Ownership of Government-Dated Securities, FY1992 and FY2002; 3. Mexico: Main Macroeconomic Indicators; 7. Mexico: Composition of Domestic Public Sector Debt; Reference

Sommario/riassunto

This paper consolidates previous work on the development of secondary markets for government securities, and focuses on the sequencing of measures necessary for their development. Six main lessons are identified: (i) a commitment to achieving and maintaining a stable macroeconomic environment, especially prudent fiscal policy, should underpin market development; (ii) a sound and transparent public debt management strategy supports secondary market activity; (iii) a deep and diverse investor base is required; (iv) poor market infrastructure leads to high transaction costs, slow order execution, and excessive operational risk, which all inhibit trading; (v) secondary market growth is facilitated by effective monetary policy implementation; and (vi) reforms should be sequenced to ensure even development of all the structures supporting the secondary market.