Academic literature on the topic 'Produits structurés (finances)'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the lists of relevant articles, books, theses, conference reports, and other scholarly sources on the topic 'Produits structurés (finances).'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Journal articles on the topic "Produits structurés (finances)":
1
Guo, Zhengyan. "Derivatives and Personal Finance: Structured Financial Products." Frontiers in Business, Economics and Management 5, no. 2 (September 26, 2022): 188–91. http://dx.doi.org/10.54097/fbem.v5i2.1764.
Abstract:
In recent years, with the gradual development of interest rate liberalization, our country gradually entered the era of low interest rate. The income of all kinds of financial products can not meet investors' expectations gradually. And structured financial products as a new financial product, relies on its structural model by combining the basic financial instruments and derivative financial instruments, with its characteristics of both fixed income securities relatively safe and financial derivatives to hedge risk, the benefits of asymmetric characteristics, has become popular with investors in our financial markets products. This paper introduces the background and concept of structured financial products, in-depth analysis of the internal structure of structured financial products and product applications, and the future development prospects of this kind of financial products.
2
Suták, Péter. "Structured commodity finance." Applied Studies in Agribusiness and Commerce 6, no. 5 (December 31, 2012): 77–83. http://dx.doi.org/10.19041/apstract/2012/5/13.
Abstract:
Over the past years, the financial stock market – providing the capital demand that is the result of stockpiling and the characteristic strong seasonality observed in the agricultural sector – has increasingly grown and become more “used” by market participants. Its size had reached an annual value of 200 billion HUF, of which agricultural products had received the largest proportion through the various market participants (producers, integrators, traders, feed producers, mills). In the meantime, this market had become part of the competition between the commercial banks that are the largest financers of the sector, due to which the financing credit institutions had undertaken increasing risk levels, with respect to both degree of financing and the VAT financing related to stockholding. The practice of commodity financing by banks display a rather varied picture at present. Considering the exceptional degree of fall in prices and the actions of companies totally disregarding business ethics in 2008, it seems necessary to reveal the full scope of risks inherent in commodity financing. The primary aim of such an exercise is to ensure the prudent operation of refinancing activities for commercial banks. The inherent risks in trade financing – as has been proven by the experiences of previous years – are not found primarily in the goods themselves, but rather at the actual storage facility and also emerge in relation to clients, as well as the inadequate and ineffective risk management of price volatility by the financers. Therefore, the establishment of banking risk management and risk prevention techniques, including the development of new financing procedures become indispensable, minimizing all types of risks that had emerged in previous years.
3
Rainey, Michael, and Omar Salah. "Why Does Categorisation of Sukuk Structures Matter?" ISRA International Journal of Islamic Finance 3, no. 2 (December 15, 2011): 113–31. http://dx.doi.org/10.55188/ijif.v3i2.129.
Abstract:
The Islamic finance market has developed and expanded with the increased global demand for ethical investment products and the introduction of a variety of financial instruments. Within the Islamic finance market, sukuk has proven to be an important financial instrument. In the literature sukuk has been categorised into four major types: asset-backed, asset-based, debt-based and projectbased. There is a need to understand the differences between these categories in order to ensure their Shari'ah-compliance. The research question dealt with in this paper is: Why does the categorisation of sukuk structures matter and what are the differences between the various categories of sukuk? This paper describes such differences through an analytical case study of the General Electric Capital Sukuk Ltd. (GE Capital Sukuk) which issued sukuk in November 2009. The AAOIFI Resolution (2008) is taken as the starting point of discussion on the mechanisms used in practice in sukuk structures. By pointing out the differences between asset-based and project-based sukuk and by defining the structural features of the GE Capital Sukuk, this paper illustrates that depending on the category in which sukuk is categorised, Islamic finance practitioners may have to consider different structural and legal mechanisms when issuing sukuk. By categorising sukuk the industry is not merely giving the structures a name. Rather, the sukuk categories carry background information on the structures; the distinctions also clarify what legal and structural features are permissible for each structure.
4
Avdiu, Kujtim, and Stephan Unger. "Implicit Hedging and Liquidity Costs of Structured Products." Journal of Risk and Financial Management 16, no. 9 (September 7, 2023): 401. http://dx.doi.org/10.3390/jrfm16090401.
Abstract:
This article analyzes the implicit hedging and liquidity costs of structured equity products offered by various financial institutions. We replicate several payoffs of structured products, compare the calculated fair values based on the Heston model as well as geometric Brownian motion, using various optimization techniques, and compare their fair values with the historic prices traded in the market. We find that implicit hedging costs range between 0.9% and 2.9% markup on the fair value, where we find the underlying market volatility to be the relevant driver of this range for complex structures, while market liquidity can be extracted as the only driver of markups for simple structures with no hedging requirements.
5
Helberger, Dominik. "Why Do Investors Buy Structured Products?A Behavioral Finance Explanation." Journal of Wealth Management 14, no. 4 (January 31, 2012): 51–60. http://dx.doi.org/10.3905/jwm.2012.14.4.051.
6
Komari, Ana. "Product quality as a mediating variable in repurchase decisions: The case of Indonesian skincare products." Innovative Marketing 19, no. 3 (September 7, 2023): 123–33. http://dx.doi.org/10.21511/im.19(3).2023.11.
Abstract:
When buying skincare products, consumers are more concerned with comfort and safety and seek for high-quality items. Indonesian-made skincare products must be of the highest caliber and adhere to all applicable health regulations. This study aims to determine whether product quality can effectively mediate the effects of brand image, customer value, digital marketing, and product quality on repurchase decisions. The study surveyed people using skincare products in the Indonesian city of Surabaya, utilizing a targeted sample of 385 female responders at least 18 years old. According to descriptive statistics, background status significantly affects the decision to repurchase skincare products. Structural equation modeling was then used to examine the data. The results show that product quality mediates the association between brand image and consumer value on decisions to repurchase. However, it does not mediate the relationship between digital marketing and such decisions. Another finding shows that in contrast to digital marketing, brand image and customer value positively influence product quality. According to the study’s findings, product quality is a strong mediator and one of the factors influencing consumers’ decisions to repurchase. Additionally, the brand image of skincare products, which differ in each product’s features, enhances the consumer’s decision to repurchase.
7
Coval, Joshua, Jakub Jurek, and Erik Stafford. "The Economics of Structured Finance." Journal of Economic Perspectives 23, no. 1 (January 1, 2009): 3–25. http://dx.doi.org/10.1257/jep.23.1.3.
Abstract:
This paper investigates the spectacular rise and fall of structured finance. The essence of structured finance activities is the pooling of economic assets like loans, bonds, and mortgages, and the subsequent issuance of a prioritized capital structure of claims, known as tranches, against these collateral pools. As a result of the prioritization scheme used in structuring claims, many of the manufactured tranches are far safer than the average asset in the underlying pool. This ability of structured finance to repackage risks and to create “safe” assets from otherwise risky collateral led to a dramatic expansion in the issuance of structured securities, most of which were viewed by investors to be virtually risk-free and certified as such by the rating agencies. At the core of the recent financial market crisis has been the discovery that these securities are actually far riskier than originally advertised. We examine how the process of securitization allowed trillions of dollars of risky assets to be transformed into securities that were widely considered to be safe. We highlight two features of structured finance products—the extreme fragility of their ratings to modest imprecision in evaluating underlying risks, and their exposure to systematic risks—that go a long way in explaining the spectacular rise and fall of structured finance. We conclude with an assessment of what went wrong and the relative importance of rating agency errors, investor credulity, and perverse incentives and suspect behavior on the part of issuers, rating agencies, and borrowers.
8
Meder, Anthony, Steven T. Schwartz, Eric E. Spires, and Richard A. Young. "Structured Finance and Mark-to-Model Accounting: A Few Simple Illustrations." Accounting Horizons 25, no. 3 (September 1, 2011): 559–76. http://dx.doi.org/10.2308/acch-50009.
Abstract:
SYNOPSIS We review the development of structured financial products, discuss their accounting treatment, and illustrate their valuation using simple numerical examples. The crucial element we incorporate is the possibility that the underlying assets in structured financial products have correlated returns. The benefit of structured finance is it uses diversification to protect the senior tranches' cash flows. However, when the underlying assets have correlated returns diversification is not as effective. Normally, structured financial products would be marked “to market,” obviating the need for analytical valuation techniques. Current accounting standards, however, have significant provisions for valuing structured financial products based on analytically derived expectations of future cash flows, especially when markets are illiquid. Therefore, it is important for both preparers and users of accounting information to understand how underlying economic fundamentals, such as the correlation in returns, affect expectations of future cash flows.
9
Deng, Geng, Tim Dulaney, Tim Husson, and Craig McCann. "Dual directional structured products." Journal of Derivatives & Hedge Funds 20, no. 2 (May 2014): 99–112. http://dx.doi.org/10.1057/jdhf.2014.12.
10
Claußen, Arndt, Sebastian Löhr, and Daniel Rösch. "An analytical approach for systematic risk sensitivity of structured finance products." Review of Derivatives Research 17, no. 1 (April 26, 2013): 1–37. http://dx.doi.org/10.1007/s11147-013-9089-1.
Dissertations / Theses on the topic "Produits structurés (finances)":
1
Romazzotti, Laure. "Collectivités locales et produits financiers structurés." Thesis, Pau, 2018. http://www.theses.fr/2018PAUU2037/document.
Abstract:
La crise économique et financière de 2008 a été un moment révélateur pour les collectivités locales et les établissements de crédit dans l’utilisation des produits financiers structurés devenus « toxiques ». Depuis de nombreuses années, ces deux acteurs ont établi des relations contractuelles basées sur la combinaison de produits financiers classiques et de produits financiers dérivés devenus de plus en plus sophistiqués. Or, le contexte dans lequel ces relations s’exercent devient complexe et nécessite une prise de décision immédiate et durable pour encadrer leur avenir. Que ce soit le juge par sa jurisprudence ou l’État et le législateur qui ont mis en place un fonds de soutien, des lois, des circulaires et une charte, chacun a tenté de trouver des solutions aux problèmes rencontrés par les collectivités locales et leurs partenaires financiers.L’objet de notre thèse sera d’expliquer les raisons et les conséquences de l’utilisation, par les collectivités locales, de ces produits d’un nouveau genre proposés par les établissements de crédit. En suivant la chronologie des évènements que les acteurs en présence ont vécu, des réflexions juridiques seront menées autour de ces relations contractuelles passées, présentes et futuresThe 2008 economic crisis was a revealing event for local and regional authorities and credit institutions regarding the use of structured finance products, which had become « toxic ». For many years, both of them have been establishing contractual relationships based on the association of standard structured finance products and increasingly sophisticated derived finance products. However, as the context in which such relationships are taking place is becoming complex, an immediate and a sustainable decision-making is necessary to provide a framework to their future. Whether it is the judge through case laws or the State and the legislator through the development of a support fund, various laws, circular notes and a charter, each of them has tried to find solutions to the problems faced by the local and regional authorities and their financial partners.The object of the thesis is to explain why local and regional authorities used this new type of finance products provided by credit institutions and what the resulting consequences were. Following the chronology of the events experienced by all of these stakeholders, legal considerations on these past, current and future contractual relationships will be presented
2
Patard, Pierre-Alain. "Ingénierie des produits structurés : essais sur les méthodes de simulation numérique et sur la modélisation des données de marché." Lyon 1, 2008. http://www.theses.fr/2008LYO10187.
Abstract:
Cette thèse regroupe un ensemble de travaux sur les problématiques de simulation numérique et de modélisation des données de marché rencontrées lors du développement d'un système d'évaluation des produits dérivés actions. La première partie porte sur l'utilisation des méthodes de simulation Monte Carlo et Quasi-Monte Carlo pour évaluer des produits dérivés. Elle insiste plus particulièrement sur le choix et sur l'implémentation des générateurs uniformes, sur les techniques de simulation des variables gaussiennes et sur l'utilisation des méthodes de réduction de variance pour accélérer la convergence des estimateurs. La seconde partie porte sur la modélisation des paramètres de marché qui interviennent dans la dynamique des prix d'une action. Elle aborde successivement la construction des courbes zéro-coupon et des surfaces de volatilité implicite en absence d'arbitrage puis l'évaluation d'une option Européenne en présence de dividendes discrets dont les montants sont connus à l'avanceThis thesis gathers a set of studies dealing with the problematic of numerical procedures and with the problematic of market data modelling met during the development of an equity derivatives valuation tool. The first part relates to the use of Monte Carlo and Quasi-Monte Carlo simulations in order to price derivatives. It insists more particularly on the choice and the implementation of uniform generators, on the techniques employed to simulate Gaussian variables and on the variance reduction procedures that can be applied to improve the convergence rate of the estimators. The second part relates to the modelling of the market parameters, which influence the stock price dynamic. The first two chapters deal successively with the zero curve construction and the implied volatility surface fitting under the no-arbitrage assumption. The third chapter resolves the European option-pricing problem in the presence of discrete cash dividends
3
Sartre, Emilie. "Empirical Essays on Public and Political economy." Electronic Thesis or Diss., Institut polytechnique de Paris, 2021. http://www.theses.fr/2021IPPAG006.
Abstract:
Cette thèse de doctorat est à l’intersection entre l’économie publique et politique. Fondée à partir d’une approche empirique, elle explore certaines problématiques touchant les démocraties occidentales en ce début de XXI siècle: telles que l’augmentation de la dette publique, le populisme ou encore la ségrégation partisane. Les deux premiers chapitres se concentrent sur les conséquences de l’exposition du secteur public à l’innovation financière, en évaluant les aspects politiques et économiques. Le premier chapitre étudie les effets de chocs d’endettement locaux sur l’activité économique, lorsque le niveau d’endettement est particulièrement élevé. A partir de deux chocs exogènes qui ont affecté l’endettement public des municipalités françaises exposées au Franc Suisse, je parviens à distinguer l’effet d’un choc informationnel sur l’endettement public d’une réelle augmentation de la dette publique. Je trouve qu’une couverture médiatique défavorable sur l’endettement public est suffisante pour affecter la marge intensive des établissements étudiés. Une montée réelle de l’endettement local peut au contraire engendrer des effets persistants sur l’activité économique locale, en augmentant les fermetures d’établissements. L’endettement public peut donc fortement impacter l’activité économie locale. Le second chapitre est co-écrit avec Gianmarco Daniele et Paul Vertier. Afin d’explorer la montée du populisme, il propose un nouveau mécanisme entre populisme et crises financières: la révélation de scandales financiers. A l’aide de données administratives et collectées, ce chapitre prend appui sur l’affaire en 2011 des emprunts toxiques. En utilisant une stratégie d’identification par variable instrumentale, nous observons aux élections municipales de 2014 les résultats suivants: i) une candidature populiste de droite, comme de gauche, est plus probable dans les municipalités concernées – ce qui entraîne une augmentation du vote populiste, ii) cette affaire fut suffisante pour propulser les partis populistes – indépendamment de chocs économiques adverses, iii) l’entrée des partis populistes est renforcée par les facteurs usuels de la montée du populisme - ce qui fait des scandales financiers un mécanisme distinct mais complémentaire à la littérature sur le populisme. Le troisième chapitre n’est pas relié en soi au populisme mais enquête sur l’évolution de la demande politique au cours du temps, dans un monde qui tend à être polarisé. Ce chapitre est co-écrit avec Jacob Brown, Enrico Cantoni, Ryan Enos et Vincent Pons. A notre connaissance, il est le premier à utiliser des données de panel au niveau individuel pour tester la montée de la ségrégation partisane aux Etats-Unis au cours de la dernière décennie. A partir de plusieurs sources de données, nous mettons en évidence une augmentation de la ségrégation partisane entre 2008 et 2020 aussi bien au niveau des districts congressionnels, qu’à celui des comtés ou encore à celui d’unités géographiques inférieures. Nous montrons notamment que la ségrégation partisane n’apparaît pas davantage dans les zones rurales que dans les zones urbaines mais que la vision de deux Amériques divisées ne peut être que renforcée par cette dernière – avec une augmentation en faveur des Démocrates dans les zones urbaines et en faveur des Républicains dans les zones rurales. Ce dernier chapitre propose également pour la première fois une décomposition de la montée de la ségrégation partisane en différents facteurs. Dans les zones à tendance républicaine, la ségrégation partisane s’accompagne de changements de préférences au sein de l’électorat – avec une part croissante de Démocrates devenant Républicains. Dans les zones à tendance Démocrate, ce sont au contraire des changements de composition de l’électorat et particulièrement, une dynamique intergénérationnelle qui contribuent à la montée de la ségrégation partisaneThis Ph.D. dissertation lies at the intersection of public and political economy. Based on empirical studies in France and the U.S., this dissertation explores some challenges faced by Western democracies in the wake of the twenty-first century: high-level of public indebtedness, populism, and partisan segregation. The first two chapters study the political and economic consequences of exposure to extreme financial innovation in the public sector. Chapter 1 provides first evidence on the effects of local public debt shocks on economic activity for highly indebted local governments. Exploiting two exogenous shocks on public debt that affect French municipalities indebted with CHF-toxic loans, I can disentangle the impact of an information shock on public debt from the effect of an actual debt increase. I find that negative press coverage on local public debt is sufficient to impact – at least temporarily – the intensive margin. Compared to information shocks, the actual increase in local public debt burden can trigger persistent consequences on local economic activity, by increasing plant closures in highly-indebted municipalities. Local public debt appears as an important driver of economic activity. Chapter 2 is joint with Gianmarco Daniele and Paul Vertier. It considers the disclosure of public financial scandals as a new mechanism for the rise of populism. Combining administrative data with collected datasets, it exploits the Toxic Loan scandal, which was revealed in 2011 as a case of public-finance mismanagement. Using an instrumental variable as the main identification strategy, we find in the subsequent municipal election that i) both right-wing and left-wing populist parties are entering in municipalities involved in the scandal and experienced, as a result, a rise in their vote shares, ii) public financial scandals are sufficient to fuel the entry of populist parties - independently from any adverse economic shocks, iii) entries of populist parties are reinforced by cultural and economic factors, meaning that this new mechanism can be viewed as complementary to usual explanations for the rise of populism. The third chapter is not related to populism per se but investigates how political demand evolves over time. In the U.S., partisan segregation has been linked with the rise of political polarization. Chapter 3 is joint with Jacob Brown, Enrico Cantoni, Ryan Enos, and Vincent Pons. To the best of our knowledge, we are the first to use individual-panel data to test whether or not partisan segregation has been increasing over the last decade. Exploring two datasets, we find robust evidence that partisan segregation has been overall increasing between 2008 and 2020 – at the congressional district level, at the county level, and even within smaller geographic units. Importantly, we show that partisan segregation is not more likely in rural areas than in urban areas but reinforces the picture of two divided Americas: with a rise of partisan segregation in favor of Republicans in rural areas and in favor of Democrats in urban areas. Finally, this last chapter contributes to the literature by decomposing the rise of partisan segregation into multiple factors. We show that the rise of partisan segregation is mainly driven by a change in the composition of the electorate and in particular, by generational change in Democratic-leaning places. In contrast, in Republican-leaning places, partisan segregation is fueled by change in preferences and particularly by change in partisan affiliation among Democrats and Republicans
4
Kramer, Florian. "Modeling and analysis of structured finance products." [S.l. : s.n.], 2008. http://nbn-resolving.de/urn:nbn:de:bsz:289-vts-66270.
5
Bashtay, Nenus, and Mattias Lindqvist. "Why Buy a Structured Product from a Bank? : A combination of weighted products to outperform the market." Thesis, Högskolan i Gävle, Avdelningen för ekonomi, 2012. http://urn.kb.se/resolve?urn=urn:nbn:se:hig:diva-11705.
Abstract:
Aim: The purpose of the thesis is to give small private investors an insight the financial world of derivatives and to show that an investor does not need to consult with an advisor in order to make decisions about the investments. The aim was to show through a new product that a small investor can beat the market return. Method: The method used in the thesis is to collect data over a three year period for an option, a bull ETF and a treasury bill. The database DataStream was used to obtain statistics of the option and the Treasury bill and Nasdaq OMX Nordic was used for the Bull ETF. We calculated the expected return and variance of each in order to use in the portfolio. Having the information needed we then used a trial-and-error method to calculate the weight each component will be given, with the help of Excel and its Solver add-on. Result & Conclusion: The results were surprising in that over the three year period the product had a 100% increase, while the market only went up by 30%. The major reason for the products strong return was that the daily earnings were shifted everyday so that the weights remained constant throughout the life of the product. The issue with the product was that no transaction costs were included in the calculations, and as there would be at least one transaction per day the costs would be enormous for the given product. Suggestions for Further Research: As one of the limitations for the thesis was that no transactions cost were included, one idea for further research could be to calculate the transaction costs as well as seeing if there is a method to minimize them so that the product could be profitable. Contribution to the Field: To our knowledge we are the first to test theses three components in order to from a structured product. Through our method interested parties could do the same with other components or retest our product. We have showed through our method one way to create your own structured product.
6
Lang, Mathias. "On the Categorization of Structured Products in Finance." St. Gallen, 2009. http://www.biblio.unisg.ch/org/biblio/edoc.nsf/wwwDisplayIdentifier/05604715001/$FILE/05604715001.pdf.
7
Roche, Adrian. "Transferts de risque de crédit : de l’essor des produits dérivés à la crise des produits structurés." Paris 10, 2009. http://www.theses.fr/2009PA100016.
Abstract:
Cette thèse traite de la gestion du risque de crédit et de son influence dans le cycle financier. A partir d'une analyse détaillée des modèles de détermination du risque de crédit utilisés par les banques et de la valorisation des dérivés de crédit, on met en évidence les problèmes posés par l'évaluation des crédits titrisés. Alors que la titrisation a permis aux banques de réduire leurs expositions au risque de crédit sur les entreprises et de faire face avec succès à la montée des taux de défaut qui a suivi le krach technologique et les scandales financiers de 2001, elle a également favorisé une prise de risque sans précédent sur le secteur des ménages, dopée par la bulle immobilière, et qui conduira à la crise des subprimes. 2001-2006 a en effet été une phase euphorique du cycle financier, caractérisée par une hausse des leviers d’endettement et une sous-évaluation générales du risque de crédit. Pendant cette période, la technique de titrisation a été employée à outrance par les banques qui ont adopté un modèle industriel de production et distribution du crédit, dans lequel elles étaient peu incitées à contrôler les risques. Les contreparties des produits structurés en question bénéficiaient de rendements élevés sans qu’elles puissent nécessairement mesurer l’ampleur des risques encourus, notamment lorsque celles-ci se limitaient à une sélection des titres par le seul critère de notation des agences. Nous montrons ainsi la nécessité de renforcer la supervision bancaire et l’encadrement du marché de la titrisationThis thesis is concerned with credit risk management and its influence on the financial cycle. After a detailed analysis of credit risk models used by banks, we point out different issues concerning risk measurement and the valuation of credit derivatives. We then show that securitization allowed banks to mitigate the strong increase in default rates following the IT crash and the corporate governance crisis. But the proliferation of structured products backed by household debt, and sustained by the real estate bubble, played a major role in the subprime crisis. Indeed, the period 2001-2006 was symptomatic of an euphoric phase in the financial cycle, where leveraging increases exponentially and risk under-evaluation is extreme. Securitization transformed the original banking model into a production/distribution model in which banks have no incentive to monitor credit risk. Structured products attracted investors with high returns, but these investors were not always aware of the risks involved due to misleading agency ratings. Therefore, we conclude the analysis by stressing the need to reinforce banking supervision and regulation of securitization markets
8
Dorn, Jochen. "Évaluation, modélisation et couverture des produits structurés de crédit." Paris 1, 2008. http://www.theses.fr/2008PA010059.
Abstract:
Ce travail de thèse initié en novembre 2005 au sein du laboratoire PRISM se place dans le cadre de la conduite du processus d'évaluation d'un nouveau type de classe d'actif financier : les dérivés de crédit. A la fin des années 90 et comme conséquence cie la réglementation Bâle, les institutions financières cherchaient des solutions pour transférer le risque de crédit en dehors de leur bilan afin de pouvoir se refinancer à moindre coût. En même temps les investisseurs recherchaient des produits financiers de plus en plus complexes dans le but d'améliorer le rendement. Ainsi la classe d'actifs des structures de crédit s'est imposée sur le marché. Il s'agit des dérivés qui conjuguent techniques de titrisation et caractéristiques optionnelles dans le but de répondre aux nouveaux besoins des institutions financières ainsi qu'aux exigences des investisseurs. L'auteur présente de différents montages de dérivés de crédit complexes et analyse des risques inhérents. Ensuite il propose des formules d'évaluation fermées dans les cas où ces dernières n'existaient pas auparavant. A noter que dans la plupart des cas les banques ont recours à des méthodes de simulation afin de déterminer les prix (une approche longue et peu adaptée aux besoins des salles de marché). Ensuite des approches de couverture sont proposées qui visent à maîtriser les positions concernant des produits financiers dont on ignorait les risques associés encore il y a peu de temps. Le première partie de la thèse est consacrée à la présentation du contexte économique et de marché. Or plus il fournit un résumé pédagogique des différents outils quantitatifs et des concepts scientifiques essentiels à la compréhension des dérivés de crédit. Ensuite l'auteur consacre respectivement une partie au Collateralized Oebt Obligations (COOs), aux options sur tranches de COOs, aux COO Squareds, aux Constant Proportion Collateralized Oebt Obligations (CPOOs), et au Foreign Exchange Collateralized Obligations (CFXOs). . Bien qu'initié il y a trois ans, ce travail gagne de l'importance dans le contexte actuel de la crise des "subprimes".
9
Drouhin, Pierre-Arnaud. "Caractéristiques statistiques et dynamique de prix des produits dérivés immobiliers." Phd thesis, Université Paris Dauphine - Paris IX, 2012. http://tel.archives-ouvertes.fr/tel-00780338.
Abstract:
Si l'immobilier est de loin la plus importante classe d'actifs de notre économie, elle est également l'une des dernières à ne pas disposer d'un marché de dérivés mature. Des études académiques récentes ont montré que le manque de compréhension de leurs prix en est la principale raison. Ce travail doctoral cherche à y remédier. Par la conduite d'études à la fois théoriques et empiriques, nous sommes parvenus à déterminer leurs caractéristiques statistiques, leurs facteurs de risque mais aussi à appréhender l'intérêt de ces produits en terme de fonction de découverte des prix. Si les dérivés immobiliers constituent un outil de paramétrisation du risque immobilier essentiel, ils offrent également la possibilité aux investisseurs comme aux pouvoirs publics de disposer d'informations qui ne seraient pas disponibles autrement
10
Zhang, Miao, and 张苗. "Hong Kong investors' experience with structured financial products: financial literacy, learning, and socialnetworks." Thesis, The University of Hong Kong (Pokfulam, Hong Kong), 2010. http://hub.hku.hk/bib/B4492169X.
Books on the topic "Produits structurés (finances)":
1
Vedeilhié, Robert. Tout savoir sur les produits structurés. 3rd ed. Paris: Gualino, 2007.
2
Choudhry, Moorad. Corporate bonds and structured financial products. Amsterdam: Elsevier Butterworth Heinemann, 2004.
3
Wystup, Uwe. FX Options and Structured Products. New York: John Wiley & Sons, Ltd., 2007.
4
Wystup, Uwe. FX options and structured products. Chichester, England: Wiley, 2006.
5
J, Fabozzi Frank, and Choudhry Moorad, eds. The handbook of European structured financial products. Hoboken, NJ: Wiley, 2004.
6
Braddock, John C. Derivatives demystified: Using structured financial products. New York: Wiley, 1997.
7
Knop, Roberto. Structured products: A complete toolkit to face changing financial markets. West Sussex, England: John Wiley, 2002.
8
Group, Risk Waters. The ABC of equity derivatives and structured products: The tailored solution to your wealth challenges. London: Incisive Media PLC, 2006.
9
MacNamara, John. Structured trade and commodity finance in emerging markets: What can go wrong and how to avoid it. Cambridge: Woodhead, 2001.
10
United States. Government Accountability Office., ed. Tobacco settlement: States' allocations of fiscal year 2004 and expected fiscal year 2005 payments. Washington, D.C: United States Government Accountability Office, 2005.
Book chapters on the topic "Produits structurés (finances)":
1
Sloan, Garret. "Structured Finance Operating Companies: SIVs, SLVs, and Other Structured Vehicles." In Structured Products and Related Credit Derivatives, 11–32. Hoboken, NJ, USA: John Wiley & Sons, Inc., 2015. http://dx.doi.org/10.1002/9781119197836.ch2.
2
Boundas, Theodore A., and Teri Lee Ferro. "Representations and Warranties Insurance and Other Insurance Products Designed to Facilitate Corporate Transactions." In Structured Finance and Insurance, 764–76. Hoboken, NJ, USA: John Wiley & Sons, Inc., 2015. http://dx.doi.org/10.1002/9781119201243.ch35.
3
Sanati, Gargi. "Structured Products and Letter of Credit." In International Trade Finance and Forex Operations, 58–75. London: Routledge India, 2024. http://dx.doi.org/10.4324/9781032621043-3.
4
Nedeljkovic, Jovan, Dan Rosen, and David Saunders. "Valuation of Structured Finance Products with Implied Factor Models." In Credit Risk Frontiers, 281–318. Hoboken, NJ, USA: John Wiley & Sons, Inc., 2012. http://dx.doi.org/10.1002/9781118531839.ch9.
5
Meier, Henri B., John E. Marthinsen, Pascal A. Gantenbein, and Samuel S. Weber. "Swiss Equity Markets." In Swiss Finance, 455–99. Cham: Springer International Publishing, 2023. http://dx.doi.org/10.1007/978-3-031-23194-0_9.
Abstract:
AbstractSince around 1990, the Swiss stock market has faced global competition, deregulation, automation, and enormous growth of structured products and exchange-traded funds. Driven by increased capital mobility, the market has become highly correlated with other well-developed stock markets, reducing diversification benefits for investors. Despite massive market capitalization growth, the stock market has returned more capital to investors than it has raised. During the same period, the number of listed foreign securities decreased. Today, Switzerland exhibits one of the world’s highest stock-market-capitalization-to-GDP ratios, which shows the importance of a well-functioning financial market for the country’s economy. Unlike the impact of the US-subprime mortgage crisis in 2008, the COVID-19 pandemic had no lasting effect on the Swiss stock market.
6
West, Shaun, Paolo Gaiardelli, and Nicola Saccani. "Overcoming the Barriers to Service Excellence." In Springer Texts in Business and Economics, 19–174. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-80511-1_2.
Abstract:
AbstractThe seven barriers to be overcome on the way to successful implementation of servitization are as follows: customers; organizational structure and culture; knowledge and information; products and activities; competitors, suppliers, and partners; economic and finance; and society and environment. We will look at each of the barriers in more detail, based on the ranking described in Chap. 10.1007/978-3-030-80511-1_1. This chapter draws from the published and unpublished work of the authors using the survey data and the interview insights. This chapter will use cases to describe how others overcame the barriers (Fig. 2.1).
7
Ige, George Olanrewaju, Oluwole Matthew Akinnagbe, Olalekan Olamigoke Odefadehan, and Opeyemi Peter Ogunbusuyi. "Constraints to Farmers’ Choice of Climate Change Adaptation Strategies in Ondo State of Nigeria." In African Handbook of Climate Change Adaptation, 601–15. Cham: Springer International Publishing, 2021. http://dx.doi.org/10.1007/978-3-030-45106-6_103.
Abstract:
AbstractNigeria being dependent on rain-fed agriculture and with low level of socioeconomic development is highly affected and vulnerable to climate change. It is crucial for farmers to adapt to the never ending climate change. However, there are constraints to adaptation strategies used by the farmers. This study therefore identified some of the constraints to the farmers’ choice of climate change adaptation strategies in Ondo State, Nigeria. A multistage sampling procedure was used in selecting one hundred and sixty respondents for the study. Data collected with a well-structured interview schedule were analyzed using frequency, percentage, and mean statistic, while Pearson Product Moment Correlation was used to test hypothesis. Crops competing for nutrient, inadequate access to climate information, inadequate finance, scarcity of labor, and inadequate farm input supplies were among the major constraints to choice of climate change adaptation strategies used by the respondents. The study recommended that weather forecast information should be published and made available to the farmers through agricultural extension agents. Training on how to improve mixed cropping technique and avoid vulnerability should be pursued.
8
Kurakawa, Yukihide. "Climate Policy in Power Sector: Feed-in Tariff and Carbon Pricing." In Economics, Law, and Institutions in Asia Pacific, 79–95. Singapore: Springer Singapore, 2020. http://dx.doi.org/10.1007/978-981-15-6964-7_5.
Abstract:
Abstract The purpose of this chapter is to investigate the effects of some mainstream policy schemes in the power sector on the reduction of CO2 emissions. The first part of this chapter is the analysis on the effects of promoting generation (fuel) efficiency of fossil-fuel power generation, specifically assuming more efficient coal-fired power plants that recently indicates increased presence in the Japanese power sector. Improvement in generation efficiency of fossil-fuel power plants is expected to reduce emissions of carbon dioxide mainly from a technological aspect. However, overall effects on carbon reduction in the whole industry would be ambiguous since it also depends on market structure. The increased efficiency in generation leads to an improvement in cost conditions of fossil-fuel power producers relative to their rivals. It enables them to expand their generation and market share. Analyzing the Cournot oligopoly model, it is shown that an improvement in fossil-fuel power generations produces two effects: the ‘saving effect’ and the ‘rebound effect’. The total CO2 emission in the whole industry decrease if the former effect exceeds the other, and vice versa. In addition, it is indicated that a rise in the generation efficiency would increase a difficulty of implementing carbon tax. In the second part of this chapter, I study the combination of feed-in tariff and carbon tax; that would be worthy to investigate since they could possibly complement each other. FIT policy could be financed by the revenue of carbon tax, and a reduction in electricity supply by the carbon tax would be lessen by supporting renewable power generations under FIT. It is demonstrated that FIT had the combined effects: it fosters a competitive environment in addition to indirectly reduces CO2 emissions. The result indicates that the combination of these policies would produce potential welfare gains.
9
"Afterword: Econometrics, Finance and Football …" In Structured Credit Products, 569–74. 2 Clementi Loop, #02-01, Singapore 129809: John Wiley & Sons (Asia) Pte. Ltd., 2012. http://dx.doi.org/10.1002/9781118390504.after.
10
"Structured products." In Personal Finance and Investments, 673–94. Routledge, 2008. http://dx.doi.org/10.4324/9780203895634-45.
Conference papers on the topic "Produits structurés (finances)":
1
Bernemann, A., R. Schreyer, and K. Spanderen. "Pricing structured equity products on GPUs." In 2010 Workshop on High Performance Computational Finance at SC10 (WHPCF). IEEE, 2010. http://dx.doi.org/10.1109/whpcf.2010.5671821.
2
Sujatha, E., J. Sathiya Jeba Sundar, C. Cathrin Deboral, D. Naveen Raju, and Gopirajan PV. "E-Connect for Agro Products Using Supply Chain with Micro-Finance: A Blockchain Approach." In 2022 8th International Conference on Smart Structures and Systems (ICSSS). IEEE, 2022. http://dx.doi.org/10.1109/icsss54381.2022.9782250.
3
Šoltésová, Klaudia. "Financing Innovation With a Focus on Venture Capital." In EDAMBA 2021 : 24th International Scientific Conference for Doctoral Students and Post-Doctoral Scholars. University of Economics in Bratislava, 2022. http://dx.doi.org/10.53465/edamba.2021.9788022549301.507-517.
Abstract:
Innovation, research and development are directly linked to the overall global competitiveness of countries and support overall economic growth. Innovation is primarily associated with the improvement of certain areas, products or services. It is based on improving the framework conditions and access to research and innovation funding to ensure that innovative ideas lead to the creation of products and services that deliver growth and jobs in each country. Entrepreneurs decide on the possibilities for obtaining additional finances on the basis of corporate goals, company development and strategic intentions. At present, companies do not have to rely solely on their own sources of financing or bank loans, as the market also offers alternative sources of financing. Companies can benefit from the help of investors who, in addition to providing finance, also offer important experience and advice in the business area. These sources also include venture capital, which is particularly important for small and medium-sized companies with growth potential, which are mostly exposed to high risk and have a low creditworthiness to obtain additional resources. EU funds and programs contribute to solving structural problems and to supporting growth and competitiveness in Slovakia. The aim of this paper is to provide an overview of the various sources of financing innovation in the company with a focus on the use of venture capital in Slovakia and other EU countries. The paper also identifies the main barriers that limit the innovative activity of companies.
4
Lee, Michael J. "Invest in Adhesive Dispensing to Reduce Design, Capital, and Operational Costs." In WCX SAE World Congress Experience. 400 Commonwealth Drive, Warrendale, PA, United States: SAE International, 2023. http://dx.doi.org/10.4271/2023-01-0605.
Abstract:
<div class="section abstract"><div class="htmlview paragraph">Leveraging the increased use of Structural Adhesive in Automotive Body Structure Design has many proven benefits. It is a well-known method used to enable weight reduction in vehicle design and can also drive more efficient structural performance during dynamic safety events. This is increasingly important as vehicle safety standards increase, and as vehicle mass increases due to electrification. Often the benefits of adhesive use are not fully optimized due to unnecessary design redundancies or process driven redundancies. Design redundancy; using both welds and adhesive, is often included because government safety regulations require very robust validation of structures, and when combined with the use of Process Quality Control methods such as Batch Control and Sampling, can infer confidence in the design and process, but don’t ensure it. This paper proposes a different and unique approach to Product Design and Process Control, which will create an opportunity to eliminate redundancy, and can unlock significant design and process operational and capital cost savings. To truly ensure Quality Control of the structural adhesive bead, real-time verification along with Adaptive Process Control (APC) of the dispensing process is required. With fully guaranteed quality, design redundancies can be eliminated, and the design and processes can be concurrently optimized. The commitment to APC technology must happen very early in the Program, to enable an early focused design optimization effort to minimize the number of spot welds while maximizing structural adhesive use. Too often, the decision to invest in enabling technology in the manufacturing process, is made without considering design optimization. Also, the high-level decisions that can enable capital investment and operating cost savings are often caught in complex organizational finance processes. APC technology and equipment is purchased by Manufacturing entities, but without the confirmed product variable cost savings being identified early enough, the capital expenses won’t be justified or approved. This paper seeks to unravel that Catch-22 issue. Very few vehicle manufacturers are taking this pro-active step to commit to the use of APC technology in dispensing early in a vehicle program. Most OEM manufacturers design products in a very serial development process, design, tool, produce; with limited synergy due to the very rapid design cycle. They are missing a readily available opportunity to eliminate sub-optimization, added cost, added labor, and redundancy. To accomplish full efficiency and optimization, requires very close and early collaboration between the product design engineers and manufacturing engineers, and cross-organizational agreement.</div></div>
5
OPREA, Iulia Alexandra, ;. Nicoleta (MARIN) ILIE, and Vlad Constantin TURCEA. "SOCIO-ECONOMIC STRUCTURE CONSOLIDATION OF RURAL AREAS." In Competitiveness of Agro-Food and Environmental Economy. Editura ASE, 2022. http://dx.doi.org/10.24818/cafee/2020/9/17.
Abstract:
Rural Romania and the agricultural sector development had recorded notable progress as direct results of previous rural development programs’ implementation, programs financed from both Europeans and national sources. Challenges are still to be tackled in the following financing periods as increased numbers of small scale farms, low level of technological upscale in the agricultural sector, rural degradation, farmers and rural population aging, undersupply of qualified workforce, environmental aspects that threat productivity, insufficient infrastructural development, low access at essential services and reduced number of value added products. In this specific context, in order to reach the highest economic and social rural potential and in particularly, the rural agro-food sector, it is essential that up-until-now efforts to be continued and improved. Have the key priorities been fulfilled for the National Rural Development Programme 2014- 2020? Have the key performance indicators been successfully implemented? What are the priorities with the largest-lowest accomplishment rate? These aspects do represent the scope of the article and additionally, there will be highlighted the necessary actions in order to consolidate the socio-economic structure of the rural areas.
6
Camara, S., and W. D. Olanipekun. "The Rhetoric of Microfinance Bank Services and Performance of Small and Medium Scale Enterprises in the Gambia." In 28th iSTEAMS Multidisciplinary Research Conference AIUWA The Gambia. Society for Multidisciplinary and Advanced Research Techniques - Creative Research Publishers, 2021. http://dx.doi.org/10.22624/aims/isteams-2021/v28n3p2.
Abstract:
Small and Medium Scale Enterprises (SMEs) in developing countries especially in the Gambia are confronted with several drawbacks and challenges, principal which is lack of access to capital. They have not been able to perform the expected vital role in bringing about economic growth and development. The main aim of most small scale enterprise is to be self reliant but the smallness of capital is making this dream unachievable. The main objective of this study is to examine the impact of microfinance banks provision of finance on SMEs performance. The study made used of primary source of data collection with the aid of a structured questionnaire. The research adopted a descriptive survey research design. Pearson Product Moment Correlation Coefficient was used to test the hypothesis at 5% level of significance. Analysis of data showed that the correlation coefficients of all the independent variables were less than 0.05. Based on the findings of the study, the study concludes that microfinance finance services have significant impact on SMEs performance. The study holistically recommends that micro finance banks continually maintain, sustain and improve on their provision of finance and funding facilities to SMEs are pivotal instrument of economic growth and development and thus occupies a place of pride in virtually every country or state Keyword: Bank, Microfinance, Performance, Small and Medium Scale Enterprise, Sustainability
7
Yaman, Omer, Bicheng Zhu, and Utpal Roy. "Towards the Development of an Ontology-Based Product Requirement Model." In ASME 2014 International Mechanical Engineering Congress and Exposition. American Society of Mechanical Engineers, 2014. http://dx.doi.org/10.1115/imece2014-38693.
Abstract:
Determination of appropriate product design criteria depends on the requirement specifications as well as their interrelations with other life cycle process information. Although the representation of the design requirements for creating a desirable product/part is a necessity, most of the time it has been carried out by the designer based on his/her own experiences. Such requirement handling processes need deep understanding of the product design, materials, manufacturing, working environments, finance and regulations, and are normally cost ineffective and error prone. Furthermore, very little attentions have been paid to the development of a structured requirement modeling for future intelligent applications. After a systematic study on the categorization of product design related information and requirements, this paper proposes an ontological framework for representing information and knowledge about the engineering product requirements. To demonstrate the use of the proposed requirement model and its role in the requirement management process, a case study related to an automotive brake rotor has been discussed in detail.
8
Jánošková, Kristína. "Impact of European Structural and Investment Funds on the Slovak Economy." In EDAMBA 2023: 26th International Scientific Conference for Doctoral Students and Post-Doctoral Scholars. Bratislava: University of Economics in Bratislava, 2024. http://dx.doi.org/10.53465/edamba.2023.9788022551274.301-309.
Abstract:
The European Structural and Investment Funds (ESIF) represent a valuable tool of the European Union. EU countries use the funds to finance activities focused on different areas. They are primarily aimed at reducing regional disparities between regions. The objective of this paper is to examine the effect of the European Structural and Investment Funds on economic indicators in Slovakia. To achieve this aim, the paper examines the evolution of economic indicators between the years 2007 and 2021. Secondary data on the drawing of the European Structural and Investment Funds in Slovakia in the period under review are identified. The impact is detected in the paper based on regression and correlation analysis. Established on the correlation and regression analysis outcome, we can argue that there is a dependence between the implementation of ESIF and the economic indicators, although the implementation of the ESIF has a small impact on gross domestic product and unemployment.
9
Rosen, David W., and Young Mi Choi. "Generative Design of Cyber-Physical-Human System Families: Concepts and Research Issues." In ASME 2022 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference. American Society of Mechanical Engineers, 2022. http://dx.doi.org/10.1115/detc2022-91265.
Abstract:
Abstract Cyber-physical-social systems (CPSS) are typically considered as an evolution of cyber-physical systems to include human interactions; further, that interactions among humans through CPSS can lead to emergence of social or community structures and behaviors. Cyber-physical-human systems (CPHS) can be considered as subsets of CPSS that are smart products that offer services to its customer, supported by back-end systems (e.g., information, finance) and other infrastructure. In this paper, initial concepts and research issues are presented regarding the design of CPHS families and generations of these families. Significant research gaps are identified that should drive future research directions. Potential impacts of filling those gaps provide motivation for the development of a design methodology for CPHS. The approach proposed here is a novel combination of generative and configuration design methods with product family design methodology. With this approach, a wide variety of CPHS, including customized CPHS, can be developed quickly by sharing technologies and modules across CPHS family members. Further, the foundation is provided for the evolution of CPHS families; for example, deciding when to add a new family member, when to design a new CPHS family platform, or when the current CPHS family can no longer be supported and a new family developed. The domain of assistive technology is used in this paper to provide an example field of practice that could benefit from a systematic design methodology and opportunities to leverage technology solutions.
10
Bähre, Heike, Giovanni Buono, and Valerie Isabel Elss. "Fintech as a Mean for Digital and Financial Inclusion." In International Conference Innovative Business Management & Global Entrepreneurship. LUMEN Publishing, 2020. http://dx.doi.org/10.18662/lumproc/ibmage2020/15.
Abstract:
Finance is shaping human relationship from an economic point of view as well as having influences on social structure and politics. In this relation, Fintech, a combination of the words “Finance” and “Technology”, is defined as “a new financial industry that applies technology to improve financial activities" [11] or as those “applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the Internet” [10] or as “any innovative ideas that improve financial service processes by proposing technology solutions according to different business situations, while the ideas could also lead to new business models or even new businesses” [8]. As Bill Gates said “Banking is necessary; banks are not” describing what is happening throughout the financial industry: massive disappearing of traditional jobs, consolidation in the banking industries, robots that advice how to manage and save money. These changes have an impact on the social structure, but also have the potential to systematically promote financial literacy and inclusion. For example Grohmann, Klühs and Menkhoff [7] showed across four indicators of financial inclusion (having a bank account, having a debit card, saving in form of a bank account and the use of the debit card within the last year) that financial literacy is a significant precondition for financial inclusion. To what extent can Fintech applications be used to promote financial literacy and thereby inclusion? And what role do FinTech organizations play in supporting social progress? The aim of the article is to provide a systematic overview of Fintech's potential to promote digital and financial inclusion on diverse levels.
Reports on the topic "Produits structurés (finances)":
1
Manzano, Osmel, and José Luis Saboin. Investment Booms and Institutions: Implications for the Andean Region. Inter-American Development Bank, May 2022. http://dx.doi.org/10.18235/0004260.
Abstract:
This paper provides evidence of a positive effect of institutions and reforms in initiating investment booms. We constructed an unbalanced panel of 178 countries for the period 19502019 that considered institutions and reforms at different levels and dimensions. We analyzed the effects of these variables on 159 carefully estimated investment boom episodes, controlling for the standard determinants of investment and using a battery of estimation techniques and robustness checks. Overall, marketoriented and democratic institutions favor the advent of investment booms. Structural reforms present mixed effects and in some cases these are nonlinear. While trade and capital account reform have negative effects, domestic finance, product, and labor market reforms have the opposite. Beyond institutions and reforms, we find different effects regarding external, macro, and structural variables.
2
Granada, Isabel, Pier Saraceno, and Anna Camilo. The Importance of Financial Information in the Transport Sector: an Encouragement to New Outlooks and Perspectives in Light of the IDB's Vision 2025. Inter-American Development Bank, April 2022. http://dx.doi.org/10.18235/0004152.
Abstract:
Services in the transport sector in Latin America & the Caribbean are provided mainly by private enterprises of different sizes. However, as technical transport specialists, our knowledge and understanding of their management strategies and financial objectives remains limited. Most of the sectorial attention is rightly dedicated to the analysis of the effectiveness and efficiency of the products/services provided by companies, leaving out of the picture the focus on the “business” side of their structures and operations. Such lack of awareness can be linked to several reasons. But one of the motives that mostly hinder transport practitioners from further analyzing these aspects is the ability to speak the private companies “financial language”. Engineers, planners, and even economists are not always familiar with the instruments of financial analysis, management accounting or corporate finance; concepts that are at the core of this language. When it comes to financial analysis, sectors practitioners are mainly biased in thinking about PPPs issues and project finance. This is certainly not a fault per se! However, such a narrow focus can unquestionably represent an obstacle to the full comprehension of the phenomena and rationales that impact the sectors functioning
3
Defournier, Vanessa. Supporting development through the private sector: The IDB Group. Inter-American Development Bank, November 2012. http://dx.doi.org/10.18235/0006388.
Abstract:
This Brochure provides an overview of the activities of the Vice presidency for Private Sector and Non-Sovereign Guaranteed Operations. The IDB Group includes four private sector windows that offer complementary products and services: The Structured and Corporate Finance Department (SCF), The Inter-American Investment Corporation (IIC), The Multilateral Investment Fund (MIF) and The Opportunities for the Majority Initiative (OMJ). These four windows work together to promote development through the region's private sector. The IDB provides funding and technical assistance to a broad range of private sector players whose operations and projects have a positive impact on the social and economic development of the region. They range from microenterprises to large companies, and also include financial institutions and other partners, such as mixed-capital entities and civil society organizations. In recent years, the Bank has considerably expanded the range of sectors in which we provide financing for innovative and sustainable private sector projects.
4
The Evaluation of the New Lending Framework (2005-2008). Inter-American Development Bank, September 2008. http://dx.doi.org/10.18235/0010414.
Abstract:
This document (RE-342-1) presents an independent evaluation of the implementation of the New Lending Framework (NLF) covering the period 2005-2008. This evaluation is structured around the following 10 basic recommendations made to Management in the NLF document: Recommendation 1: Maintain the three lending categories. Recommendation 2: Establish flexible OC annual lending levels within a fixed total volume of lending per category over the 2005-2008 period. Recommendation 3: Continue to finance policy-based loans out of FSO resources for FSO-eligible countries. Recommendation 4: Make investment loans more flexible. Recommendation 5: Continue to provide emergency loans. Recommendation 6: Strengthen country programming to enhance country focus. Recommendation 7: Adopt a programmatic approach. Recommendation 8: Continue improving the development effectiveness of Bank programs and projects. Recommendation 9: Strengthen IDB Non-Financial Products and Technical Assistance. Recommendation 10: Strengthen analytical capacity.