La colpa di questa recessione perenne Italiana, è delle banche offshore con i prodotti tossici oppure dei rentiers europei?

Oggi l’Italia, e l’Europa, vedono crescere delle corti di banchieri ‘rentiers’, cioè affaristi i cui istituti di credito sono strafalliti ma che godono delle rianimazioni dei gentili, Mario Draghi e Mario Monti, a suon di favori miliardari per favorirne la ricapitalizzazione (cioè acquisti di quote societarie), che altrimenti sarebbe impossibile. Continue reading La colpa di questa recessione perenne Italiana, è delle banche offshore con i prodotti tossici oppure dei rentiers europei?

Addressing the Debate over the Economic Impact of Migration Remarks for the Conference on “Can Migration Work for All in Europe?”

Over the past year, we have been thinking about how best to respond to the rising criticism of globalization. Despite the many benefits for rich and poor alike, the downsides of globalization have generated a powerful political backlash. That has … Continue reading Addressing the Debate over the Economic Impact of Migration Remarks for the Conference on “Can Migration Work for All in Europe?”

About the Annual Meetings

About the Annual Meetings The Board of Governors of the World Bank Group (WBG) and the Boards of Governors of the International Monetary Fund (IMF) normally meet once a year to discuss the work of their respective institutions. The Annual Meetings, which generally take place in September-October, have customarily been held in Washington for two consecutive years and in another member country in the third year. The Inaugural Meeting of the Boards of Governors was held in Savannah, Georgia, USA in March 1946. The first Annual Meetings were held in Washington in 1946. The Annual Meetings occur ahead of the … Continue reading About the Annual Meetings

ABO ED EXPO 2015 Protocollo d’intesa

Siglato a Milano il 08 Giugno 2013   PROTOCOLLO D’INTESA Associazione fra le Banche Offshore in Italia (di seguito “ABO” ), ED EXPO 2015  (di seguito “EXPO 2015”), PREMESSO CHE nel corso dei recenti incontri tra le due istituzioni sono stati condivisi i grandi valori che si  intendono promuovere attraverso l’EXPO 2015 (difesa della vita, sviluppo sostenibile,  espressione delle idee, condivisione di una conoscenza universale,    ricerca,    innovazione    tecnologica,    rispetto    per    l’umanità    e multiculturalismo); dalla volontà di affermare tali valori, derivano gli obiettivi generali di EXPO 2015 (rafforzare    le    relazioni    internazionali    su    un    tema    condiviso,    condividere un’esperienza  di  apprendimento  e  cultura  … Continue reading ABO ED EXPO 2015 Protocollo d’intesa

San Marino—2013 Article IV Consultation Concluding Statement of the Mission

The economic recession is likely to persist into 2013, with growth hampered by weak external demand and the continued effects of San Marino’s inclusion in Italy’s tax black list. While most banks appear to have reasonably strong capital and liquidity, the State should stand ready to further recapitalize Cassa di Risparmio (CRSM) as needed, for CRSM is a key element of the Sammarinese economy. It will be important for the government to rebuild strong fiscal reserves, and this will require setting more ambitious targets for the planned tax reform and expenditure review. Finally, San Marino has, in recent years, unwound … Continue reading San Marino—2013 Article IV Consultation Concluding Statement of the Mission

Gradual Upturn in Global Growth During 2013

World Economic Global growth is projected to increase during 2013, as the factors underlying soft global activity are expected to subside. However, this upturn is projected to be more gradual than in the October 2012 World Economic Outlook (WEO) projections. Policy actions have lowered acute crisis risks in the euro area and the United States. But in the euro area, the return to recovery after a protracted contraction is delayed. While Japan has slid into recession, stimulus is expected to boost growth in the near term. At the same time, policies have supported a modest growth pickup in some emerging … Continue reading Gradual Upturn in Global Growth During 2013

COLOMBIA

Country Report No. 13/35 STAFF REPORT FOR THE 2012 ARTICLE IV CONSULTATION §        Staff Statement of January 23, 2013. §        Informational Annex prepared by the IMF. §        Public Information Notice (PIN) summarizing the views of the Executive Board as expressed during its January 23, 2013 discussion of the staff report that concluded the Article IV consultation. KEY ISSUES Context. Following buoyant economy activity in 2011, growth is moderating to potential, largely reflecting the lagged impact of countercyclical policies and weak external demand. Inflation remains subdued. A cabinet reshuffling in early September and ongoing peace negotiations have provided a renewed momentum … Continue reading COLOMBIA

The A.B.O.

   is an association that works to protect the interests of Offshore Banks  and Agencies of Foreign Banks and other associated organizations and entrepreneurial companies, foreign members. Deal with matters of interest in the sector by subjecting them to the competent authorities (ECB, etc..) And, through the establishment of special committees for specific disciplines, promotes analysis and study of issues related to international finance. Continue reading The A.B.O.