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Foreign Banks: Trends, Impact and Financial Stability, Prepared by Stijn Claessens and Neeltje van Horen, January 2012 “This paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign bank behavior and impact. It documents substantial increases in foreign bank presence, with many more home and host countries. Current market …
A Toolkit to Assessing Fiscal Vulnerabilities and Risks in Advanced Economies, IMF Working Paper, by a staff team led by Andrea Schaechter, January 2012 “This paper presents a range of tools and indicators for analyzing fiscal vulnerabilities and risks for advanced economies. The analysis covers key short-, medium- and long-term dimensions. Short-term pressures are captured …
Programmable Web Services Directory of over 100 government [local, state and federal] APIs released in 2011. Over 2,000 APIs Added in 2011: Social, Telephony, Open Government See also How the Internet of Things Is Turning Cities Into Living Organisms – “When city services can autonomously go online and digest information from the cloud, they can …
Draft National Ocean Policy Implementation Plan, National Ocean Council, January 2012 “For the first time in our Nations history, the National Ocean Policy provides the framework for all Federal agencies to work together to pursue these goals with cohesive actions across the Federal Government, and for engaging State, Tribal, and local authorities, regional governance structures, …
Via EITI: “Iraq has disclosed detailed information about the US$ 41 billion in revenue it received from oil and gas exports in 2009. Iraqs disclosure of the figures follows the countrys commitment to the EITI standard, the global standard for transparency of resource revenues. The revenues are published in Iraqs first EITI Report, which detailed …
Proposed Changes Would Expedite Investigatory Processes, Keep Pace with Technology: “The Federal Trade Commission today issued proposed changes to two parts of the procedures that govern the way the agency operates. The proposed changes would streamline the FTC’s investigatory procedures, make updates to keep pace with electronic discovery, and detail the agency’s procedures for evaluating …
Full Report – Beige Book, January 11, 2012 and Links to the Districts: “Contact reports from the twelve Federal Reserve Districts suggest that national economic activity expanded at a modest to moderate pace during the reporting period of late November through the end of December. Seven Districts characterized growth as modest; of the remaining five, …
News release: “On the basis of data from the Consumer Expenditure Survey (CE), consumers spent less in 2010, compared with 2009, on almost all major components of the household budget. Average annual expenditures per consumer unit (CU)[1] fell 2.0 percent, and average annual income before taxes dropped 0.6 percent, the second consecutive yearly decline for …
EPIC: In a letter to the Federal Trade Commission, EPIC has called for an investigation of recent changes by Google to Google Search, the dominant search algorithm on the Internet. EPIC cited Google’s decision to include personal data, such as photos, posts, and contact details, gathered from Google+ in Google Search results. Googles business practices …
Elections – Views on Implementing Federal Elections on a Weekend, GAO-12-69, January 12, 2012 Securities Research – Additional Actions Could Improve Regulatory Oversight of Analyst Conflicts of Interest, GAO-12-209, January 12, 2012
Illicit Financial Flows from Developing Countries Over the Decade Ending 2009, Dev Kar and Sarah Freitas1, December 2011 “Last years report, analyzing flows through 2008, produced a figure for that year of $1.26 trillion. We anticipated that the figure for 2009 might be even larger. However, the global financial crisis and slowdown in world trade …
Financial sector regulation for growth, equity and stability, BIS Papers No 62, January 2012 “The financial crisis has demonstrated the need to better understand the complex interactions between the financial system and the real economy. While stability has become the main focus of the regulatory changes, the implications for growth and equity are also important. …
