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's 2008 Schweser QuickSheet: Critical Concepts for Exam PDF

Maximize your learn time whereas reviewing the the most important innovations with this well-organized, laminated reference sheet that includes: * the most important ideas * Topical assurance * special graphs * Key formulation

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Additional resources for 2008 Schweser QuickSheet: Critical Concepts for Exam Success. Level 2

Sample text

Second, long-range investment funding must be assured. Third, they must establish clear rules of policy behavior acceptable to all the country’s major political parties. These should include a clearly defined position with respect to the payment of bribes and the sale Thomas Scheetz 31 of arms to countries considered ‘states of concern’ in the international arena. Fourth, before founding any business the country should be sure that key inputs and skilled labor are assured. Fifth, an attractive opening in international markets should exist, such that economies of scale,11 or dual-use products or production capabilities can be assumed.

The entire military-run business privatization effort netted a mere US$820 million, one-seventh of the total asset book value. The hard reality of the income received from privatization was even worse, however. Only US$589 million was received in cash. The rest (US$231 million) was covered by Argentine debt paper, which had been circulating in secondary debt paper markets for as little as 12 cents to the dollar, following the Argentine default in the late 1980s. This debt paper was accepted as payment at face value.

Dow Chemical Original 23 Aug. A. A. A. COVIARA Transfer to Prov. Bs. As. 56 Debt paper Amount in US$ (millions) Source: Pérez Esquivel (1999, p. 94). Notes: Debt paper accepted at nominal value. Min. Def. ϭ Public enterprise owned by the Ministry of Defense. DGFM ϭ Ministry of Defense holding company (Dirección General de Fabricaciones Militares). Transf. to Prov. B. As. ) ϭ Transferred to the Province of Buenos Aires. Transferred to the Province of Rio Negro. Transferred to the Province of Santa Fé.

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2008 Schweser QuickSheet: Critical Concepts for Exam Success. Level 2


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