the part of the total debt in a country that is owed to creditors outside the country
money owed to private commercial banks, other governments, or international financial institutions such as the IMF and World Bank
Foreign debt management
1) Risk management
currency and interest rate movements
frequent commodity price fluctuations
The debt crises of the early 1980’s
oil price hikes
1903 The Birth of Harley-Davidson
Serial #1 bike
1909 Model 5-D
V-Twin Powered motorcycle
1910 Create "Bar & Shield" logo
1912 H-D exports motorcycles to Japan, marking the first ever sales outside of the U.S.
1918 Almost half of all Harley-Davidson motorcycles produced are sold for use
by the U.S. military in World War I
▶ One of the noticeable co
crisis because of IMF situation. After the economic crisis IMF Ssangyong workout program begins in 1999. Ssangyong was also building its own sales network was developed at the same time a new car. Ssangyong growing to be an amazing advancement from 15 to 1200 billion won during 50 years in 2003. But Ssangyong sold out by Shanghai motors. Since 2009, Ssangyong begin Turnaround process and have be
2. Conventional Wisdom And The Crisis
Why it is that Fiscal policy is back in fashion.
1. One argument suggests that as Monetary and credit policy reached its limit policymakers had no other choice but to rely on fiscal policy more heavily.
2. The other argument is that as the recession across countries was expected to last long, fiscal stimulus would have enough time to yield beneficial i
Crisis
TED spread (3M LIBOR minus 3M T-bill rate), Daily data for one-year period ending
August 4, 2008
Source: Bloomberg.
2차 파동 – 2007년 12월.
원인 : 신용위험의 증가로 다른 금융기관에게까지 위험의 파급
내용 : CDS, CDO로 인한 피해가 확산
레버리지 때문에 파급효과가 크게 나타남
Counterparty Risk증가
1. 서 론
1990년대 들어 가속화되기 시작한 세계화ㆍ정보화는 각 국가의 경제를 글로벌 경제 혹은 세계경제라는 개념으로 단일화 되었다. 이러한 단일화 추세를 이끄는 것은 바로 다국적 기업이다. 이들은 글로벌 시장에 진출해 전 세계 모든 기업과 경쟁하며 경제의 범세계화를 주도하는 역할을 맡
crisis
Think about how King communicated with both words and actions, creating a purpose.
Leadership cannot happen without effective communication.
Successful leader communication also includes active listening to others.
This chapter will describe the tools and skills that overcome the communication deficit pervading today’s organizations and broader social world.
Leading Strate
How Leaders Communicate
Communication: a process by which information and understanding are transferred between a sender and a receiver.
5 Key Components
(4)Discernment(식별)
One of the most rewarding kinds of listening
A leader detects the unarticulated messages
hidden below the surface of spoken interaction,
complaints, behavior, and actions.
Ef
Company’s vision for the future
Export is steadily increasing every year, because of competitive power of price. Exchange rate is considered one of the biggest encouraging factors. Lower export price will strengthen company’s competitive position in world market. Moreover they have been extending their market in China, through establishing a local corporation and building factories. Recently
HR systems and practices of PwC Samil
Founded in 1971, Samil has become number one accounting firm in Korea in terms of the sales, market share and the number of employees (*see the exhibit 1). As being the undisputed leader in the accounting industry, analyzing the HR systems of Samil will give us deep understandings of how accounting firms manage their employees.
PriceWaterhouseCoop