Causes and Consequences of Global Imbalances: Perspective from Developing Asia CHARLES ADAMS AND DONGHYUN PARK Global current account imbalances are one of the key macroeconomic imbalances that underlie the global financial crisis. The central objective of this paper is to analyze the causes and consequences of global imbalances from the perspective of developing Asia. More specifically‚ the paper examines the root causes of the large and persistent current account surpluses that have emerged
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Viktoria Martirosyan Case 1.1 Qt.1 Several parties were responsible for Enron crisis‚ including independent auditor‚ key executive officers‚ internal auditors‚ SEC and FASB. The hypocrisy‚ dishonorable actions and unethical behavior of Kenney Lay‚ Jeffrey Skilling‚ Andrew Fastow led to bankruptcy. This and many other problems‚ such as loss in transactions involving the swaps stocks‚ SPE related issues and est.‚ finally contributed to crisis. As Enron executives‚ all of their concerns should
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Question Roles of Organizational Development consultants in an organization and explain how the nature of the relationship with the client as defined in their roles may influence the outcome of the assignment. ORGANISATIONAL DEVELOPMENT This is the practice of helping an organization solve problems and reach their goals. A key emphasis on OD is assisting clients not just in meeting their goals but with learning new problem solving skills that they can use in the future. An OD consultant can help
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An Overview of Global Imbalances Global imbalances are the imbalances that are observed in the global market as seen in different countries. These situations occur when different countries in the world demonstrate significant differences in their overall assets and the capital they have. The imbalances are shown to mainly impact the countries that have significant amounts of deficits in its current balances. There are several countries such as the US and China that have witnessed and also demonstrates
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1. Auditor Liability in Canada A & B Is it reasonable for a potential investor or existing shareholder to rely on audited financial statements that a corporation makes available for public consumption? Should an investor be able to sue a corporation’s auditor if audited financial statements materially misrepresent the financial status of the company audited? a. Should a potential investor only be able to sue the corporation? b. Should there be any limit on the auditor’s liability?
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for rear view on an automobile has a radius of curvature of 3m. If a bus is located at 5m from this mirror‚ find the position‚ nature and size of the image. 04. What are the various factors of refraction of light? 05. (a) Define Power of a Lens. Write its SI unit. (b) Find the focal length of a lens of power 2 D. What type of lens is this? ONE MARK QUESTIONS 01. For what position of an object a real and diminished image is formed by a concave mirror? 02. What is the relation between the
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confidence in these services. • Social Services – Social workers work with people who have been socially excluded or who are experiencing crisis. Their role is to provide support and enable service users to help themselves. They maintain professional relationships with the service users and act as guides‚ advocates and critical friends. They work in a variety of settings within a framework of relevant legislation and procedures supporting individuals‚ families and groups within the community. Settings may
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Through analysis and evaluation of models and approaches within counselling and psychotherapy therapeutic delivery‚ explain how models and approaches relate to client need‚ therapeutic context and aims and objectives of the therapy. Psychotherapists will be educated in various different models and whether they are approaching a client through the concept of observing external behaviours‚ the Behaviourist approach for example in which a therapist will look to condition new behaviours‚ or through
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Compare the responsibilities of internal auditor and external auditor in relation to: I. The design and operations of systems and controls Internal auditor | External auditor | Internal auditing activity is primarily directed at improving internal control. Internal auditors perform audits to evaluate whether the systems and processes are designed and operated effectively as well as providing recommendations for improvement. | External auditors may be called upon to determine if an organization
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Examine the factors affecting power relationships and the division of labour between couples. (24 marks) Introduction: You need to explain that there are a variety of factors that can affect power relationships and the division of labour between couples. The division of labour refers to the roles men and women play in relation to housework‚ childcare and paid work. Sociologists are interested in whether these tasks are shared equally.t Examine the factors affecting power relationships and the division
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