Erscheinungsdatum: 28.12.2018, Medium: Taschenbuch, Einband: Kartoniert / Broschiert, Titel: A treatise on the application of payments by debtor to creditor, Autor: Munger, George Goudry, Verlag: hansebooks, Sprache: Englisch, Rubrik: Sozialwissenschaften allgemein, Seiten: 252, Informationen: Paperback, Gewicht: 389 gr, Verkäufer: averdo
A treatise on the application of payments by debtor to creditor ab 21.9 € als Taschenbuch: . Aus dem Bereich: Bücher, Wissenschaft, Sozialwissenschaft,
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The aim of aid is clear which is to help the developing countries to reduce its poverty level through economic development channel. But, the fact is a contradictory one, aid in the form of debt for the developing countries does not function as a savior, the debts are more like a burden to the developing countries. This book tries to prove the fact that external debts do not serve to the benefit for the developing countries but it is merely a tool for draining resources in developing countries. The proof will be explained through the case of Indonesia and Japan, the first one represents the developing countries as the debtor while the latter represents developed countries as the creditor. The series of data to uncover the fact will be analyzed through Vector Auto Regressive Model, Cointegration and Error Correction Model to which it will explain the relationship between Indonesia trade balance with Japan, the number of Indonesian external debts payments, and the GDP of Japan.
Discounting is a financial mechanism in which a debtor obtains the right to delay payments to a creditor, for a defined period of time, in exchange for a charge or fee.Essentially, the party that owes money in the present purchases the right to delay the payment until some future date.The discount, or charge, is simply the difference between the original amount owed in the present and the amount that has to be paid in the future to settle the debt.
A collection agency is a business that pursues payments on debts owed by individuals or businesses. Most collection agencies operate as agents of creditors and collect debts for a fee or percentage of the total amount owed. An increasing number of agencies, sometimes referred to as "debt buyers", purchase debts from creditors for a fraction of the value of the debt and pursue the debtor for the full balance, or even include "interest" in the balance owed. Creditors typically send debts to a collection agency in order to remove them from their accounts receivable records, the difference between the amount collected and the full value of the debt is then written off as a loss. In many countries, collection agencies are governed by laws that prohibit certain abusive practices. Failure to adhere to such laws may result in lawsuits or government regulatory actions. Collection practices in the United States are generally, but not always, governed by the Fair Debt Collection Practices Act.
On the one hand, the United States is “Number One” as contributor to the UN regular budget as well as to the budgets of the UN peacekeeping operations. On the other hand, the United States is also the largest debtor caused by either partially or fully deferred payments. This leads to a vicious circle: Large amounts of unpaid assessed contributions cause tremendous administrative difficulties for the programme budgeting activities of the UN. Also, many UN Specialized Agencies suffer under the US financial behaviour. The United States is in favour of shifting from assessed to voluntary contributions. Since most of them are restricted to specific projects or countries, this would imply that the US as the most important donor of voluntary contributions would also become the dominant decision-maker in the UN. The author analyses the funding behaviour of the United States over the last decades and shows that financial leverages are an inherent policy tool of the US vis-à-vis the UN.
A treatise on the application of payments by debtor to creditor is an unchanged, high-quality reprint of the original edition of 1879.Hansebooks is editor of the literature on different topic areas such as research and science, travel and expeditions, cooking and nutrition, medicine, and other genres. As a publisher we focus on the preservation of historical literature. Many works of historical writers and scientists are available today as antiques only. Hansebooks newly publishes these books and contributes to the preservation of literature which has become rare and historical knowledge for the future.
Ours is a world in which the volume of the external trade of the vast majority of nations has greatly expanded and continues to be on the rise. Transnational intercourse of all kinds is now a feature of an interdependent world economy in which no nation can afford to stand aloof from a market-place which has assumed global dimensions. It is also a world where many nations, and not only of the Socialist bloc, conduct some of their transnational business themselves, or else they entrust it to state-owned cor porations and to agencies of the state. In these circumstances it becomes of prime importance to know whether a foreign state or an agency or instrumentality thereof can be sued before the local courts and, if so, whether the final judgement obtained can be enforced against the funds or property of the judgement debtor. The question of the immunity of states from suit and from execution is thus one of direct practical relevance not only to the legal profession but also to governments and the business and banking communities all over the world. The economic effects of a particular legal stand on state immunity are obvious. The position of national courts on state immunity can either attract more business or discourage further dealings with foreign states or their agencies. It can thus affect the balance of payments and, in general, the role the country plays in the world market.