II. 2. The progress of Yen carry trade
Since 1990s, Japanese government and central bank started lowering interest rate policies so that Yen carry trade has begun.
1) After Kobe Earthquake in 1995, the Bank of Japan lowers the interest rate at 1%. In 1997, as financial crisis in East-Asia was broadening, Yen carry assets were paid off. In addition, The sharp increase in foreign bank as
II. Yen carry trade
II. 1. What is Yen carry trade?
II. 1. (1) Typical meaning
The typical meaning is “borrowing at low interest rates in yen and using the loan to buy higher yielding assets elsewhere.” During the past decade, the trade has become a “staple” for many investors. One of the most popular forms of the strategy exploits the gap between US and Japanese yields. Anyone
Society’s responsibility and morality comes first
The attempt to measure between rights and dignity of life is a contradiction.
Passive position of single mother during childbirth
Complexity of proof procedures to prove real father
Complexity of the litigation process to receive financial support from father-> Lack of effectiveness"Asymmetrical responsibilities of parenting"
Ⅰ. 은행의 역할
1. 거래비용(contract cost) 및 대리인문제(agency problem)의 감소
은행차입금은 자본구조에 있어 거래비용을 감소시키는 전략적 역할을 수행(specialized wedge)한다고 Fama(1990)는 주장하였다. 일반적으로 소유와 경영의 분리에 따른 경영권의 전문화(specialization)는 대리인문제를 야기시키게 되
B. Pro-choice
They have a cognition that women have the right to control their bodies and treats the range of ethical legitimacy of a fetus differently. This falls under the liberalism category of abortion controversies. They mainly emphasize the rights of womens' happiness, choice, mental/physical health. Among these, they support abortion based on dissatisfaction of society and policies.
C