Authority Ranking
Vertical/high-power distance collectivism
Asia, Africa, Latin America
Psychological relationshipbetween the leader and all others
Power and prestige
Powerful leaders accepted without question
Becomes exaggerated
Required to take care of group members
(중략)
Hutang budi
The person given the gift cannot refuse it, as this would involve a loss of face
At t
between risk sensitivity and the stability of capital requirements, should this be viewed as necessary. In particular, the range of possible measures includes an approach by the Committee of European Banking Supervisors (CEBS) to use the Pillar 2 process to adjust for the compression of probability of default (PD) estimates in internal ratings-based (IRB) capital requirements during benign credit
You are likely to offend Mexicans if you start a conversation with full of stereotypes in mind
Ex)
“What kind of things are there in Mexico? Cactus and desert?”
“How do you live in Mexico?”
“Wow, you don’t look like Mexican!”
“Why don’t you wear sombrero?”
“Are you poor?” “Are you here legally?”
= Failure of Intercultural Communication
= Ignorance toward
and you have stocks in Canada, the return that you will realize is affected by both the change in the price of the stocks and the change of the Canadian dollar against the U.S. dollar. Suppose that you realized a return in the stocks of 15% but if the Canadian dollar depreciated 15% against the U.S. dollar, you would make a small loss.
Ⅲ. The relationshipbetween FAFA and CR in Latin America
Question
Is there any certain relationshipbetween financial market and real market?
Variables
Real Market
GoldGold PriceMonthly yield rate
Crude OilMonthly yield rate
Financial Market
S&P 500
Monthly close price
Monthly yield rate
T-billMonthly yield rate