Suchergebnisse

Added t.-p.: Ueber die natur und die ursachen des ȯffentlichen credits, staatsanlehen, die tilgung der ȯffentlichen schulden, den handel mit staatspapieren und die wechselwirkung zwischen den creditoperationen der staaten und dem ȯkonomischen und politischen zustande der lȧnder. ; Mode of access: Internet.

This article provides an insight into the quality of credit portfolio of banks for the period from 2007–2008 to 2020–2021. The objective is to study the transition of public sector and private sector banks in India from standardised approach (SA) to internal rating-based (IRB) approach of credit risk. The overall structure of the article gives clear insight into why it is important for the banks to improve credit portfolio quality, considering default and recovery risk estimates, which in turn affect the returns of the bank. The study concludes that there is a need to improve credit quality of banks in India with a focus on small banks in public sector and large banks in private sector, as these banks are saddled with high defaults. Low rate of recovery in small banks in public sector and private sector adds to credit loss severity and high risk weights for the banks in IRB regime. However, the recent merger of the public sector banks, considering asset quality concerns, is still an unanswered question. JEL Codes: G010, G210, G320, G330

In this chapter, author Paul Spicker interrogates the government's introduction of Universal Credit, a controversial scheme designed to unify various means-tested benefits for people of working age. The scheme brings together six existing benefits: income-related Jobseeker's Allowance and Employment and Support Allowance, Working Tax Credit and Child Tax Credit, Housing Benefit and Income Support. Spicker argues that analysts of Universal Credit must drill down to the detail of the scheme and the benefits that it covers. He sees defects in 'the concept and design' of the Universal Credit agenda, as there were in previous grand schemes in social policy history. He also sees potential for the benefit system to break down if it cannot prove to be practically viable. Governments, Spicker contends, cannot easily meet the multiple objectives that must be typically met in 'simple' and 'unified' benefit programmes.

In this paper we use a disequilibrium framework common in the "credit crunch" literature, first to examine whether the slow credit growth in Morocco during the rapid expansion of liquidity in the first half of the decade can be attributed to credit rationing, and second to investigate the role of asset price increases in the recent acceleration of credit growth. Our results do not support the credit rationing hypothesis in the first half of the decade. They do however, show that the recent increase in real estate prices stimulated credit supply and demand, with a stronger effect on the latter