Service Sector Evolution in Spain: 1985-2008
Developments in the Service Sector
The service sector is determined by factors of supply, but also takes into account changes in demand. Key features:
- Expansion in the share of services in production at current prices: from 59% in 1985 to 67% in 2008 (out of €100 to be produced in the economy, almost 70% is from services).
- At constant prices, the change is only from 66% in 1985 to 69% in 2008.
- Services usually maintain their participation in real production and increase production in times of crisis
Monetary Policy Impact on Interest Rates and Markets
Monetary Policy and Market Reactions
Short-Term Interest Rates
An unanticipated change in the monetary policy rate is immediately transmitted to other short-term money market rates. Interbank rates are adjusted pari passu, affecting nominal rates of recruitment and placement time between 30 and 90 days. There is a slightly lesser intensity of nominal and real rates of securities deposits and loans up to one year, which highlights the central bank papal PRBC at 90 days and 360 days and PDBC of 90 days.
Read MoreUnderstanding Mortgage Loans: Types, Terms, and Early Repayment
Understanding Mortgage Loans
A mortgage loan collateral is materialized in the real estate mortgage in favor of the entity providing the money. The entity would become the owner of the house in case of failure to achieve the established covenants. A secured loan mortgage is a type of loan that allows owners to acquire a loan plus the mortgage/lien using a portion or all of the equity in your casa. It is generally a second mortgage on the property.
Adjustable-Rate Mortgages
Given the variation that
Read MoreEfficiency in Islamic Banking: A Detailed Study
First of all, we all should agree that Islamic banking is still in its first stages. There are issues, and experimental works have depended on descriptive statistics rather than accurate statistics. But this is changing recently because of recent studies.
Cost Efficiency of Sudanese Islamic Banks (1990-2000)
An analysis of the cost efficiency features of 17 Islamic banks in Sudan between 1990 and 2000 by Hussien. The results show large variations in the cost efficiency of Sudanese banks, with the
Read MoreReal vs. Money Flows, Economic Growth & Trade
Real and Money Flows
Give two examples each of real flows and money flows.
Answer:
Real Flows:
Goods and Services: The exchange of physical goods and services in the economy represents a real flow. For example, when a customer purchases a laptop from a store, it involves the flow of the physical laptop from the store to the customer.
Labor Services: The provision of labor services by individuals to businesses or employers is a real flow. When a person works in a factory, office, or any job, their physical
Read MoreBusiness English Essentials: Key Concepts & Terms
Unit 1
To have/hold a degree, BSc (Hons), to evaluate = to assess, namely = in other words, to meet needs = to satisfy, to supply = to provide.
Linking expressions: With reference to your letter, speaking/talking about, concerning/regarding those sales figures, as far as marketing is concerned.
Opinions: I’m convinced/positive that, I have absolutely no doubt, to my mind, I’m inclined to think, am I right in thinking that, would I be right?
Unit 2
Banking Sector
- Central banks
- Retail banking (commercial