Archivo
Coinciden con estos filtros: 4 piezas
Piezas
- ExplicativoTrade & Investment
What a bilateral tax treaty changes for an investor
A tax treaty is not a tax cut. By the end of this you will know which government gives up what, why the permanent establishment article decides more than the rate articles do, and which taxes a treaty never reaches.
- ExplicativoEconomic Security
What a government means when it says de-risking
De-risking is the attempt to remove one supplier's leverage over an economy without ending the trade. By the end you should know which instruments governments use, why dependence is so hard to measure, and why rising domestic output does not settle the question.
- ExplicativoGeoeconomics
What a central bank currency swap line does
A swap line is a reciprocal credit between two central banks with a reversal date built into it. By the end of this you will know how the chain of exposure runs, why the facility is priced to be unattractive, and why the announced size is rarely the number that matters.
- ExplicativoDevelopment Finance
What a development finance institution does with public money
Development finance institutions lend, insure and buy stakes in private businesses abroad using capital they are expected to get back. By the end you should be able to tell which instrument an announcement is describing, and what the private market would have done without it.