Keeping interest rates low discouraged capital inflows and encouraged asset price inflation.

But this vigorous attempt to reduce interest rates is distorting capital allocation.

Similarly, a potential downside to quantitative easing is that low interest rates send capital to higher growth, high interest rate countries.

But America, in its global war on terror, has justifiably lost interest in bearing Asia's many military burdens alone.

But higher interest rates also imply large capital losses for central banks asset holdings.

William agreed to pay George interest and the capital in compensation, but George remained unpaid.

Nonetheless, we continue to transfer capital to rich countries to pay interest on our foreign debt.

Will the government liberalize interest rates or loosen capital controls? How will the fiscal system be revamped?

Doing so will require maintaining some capital account control, while raising interest rates to market clearing levels.

Monetary policy was undermined by the banking crisis, and any reduction of interest rates to boost economic activities would encourage further flight of capital and stop capital inflows.

If they try to clamp down by raising domestic interest rates, they will only attract greater capital inflows.

The problem? An invasion of short term capital flows fleeing the slow growth, low interest rate advanced countries.

Over time, however, the interest rate premium is likely to be small, because higher capital requirements and contingent capital should significantly reduce the likelihood of ever reaching the triggers.

But, as capital becomes more mobile, relatively immobile workers are bearing more of the burden in the form of lower wages and fewer job opportunities.

Second, many argue that raising interest rates would trigger a flood of speculative capital from low yielding advanced economies.

(g) Establishing policy, legislation and effective supervision for the protection of children involved in intercountry adoption, bearing in mind the best interest of the child

(g) Establishing policy, legislation and effective supervision for the protection of children involved in intercountry adoption, bearing in mind the best interest of the child

Bearing in mind the importance of microfinance instruments such as credit, savings and related business services in providing access to capital for people living in poverty,

Exploitation of gold bearing and tin bearing products

And, clearly, the idea that capital requirements were not needed for banks off balance sheet activities (because the banks were not bearing the risk), was simply wrong.

An amount of 1,333 million is held in first class banks, comprising 1,256 million in interest bearing term deposit accounts and 77 million in current bank accounts.

Bearing in mind the importance of microfinance instruments, such as credit, savings and other financial products and services, in providing access to capital for people living in poverty,

Bearing in mind the importance of microfinance instruments, such as credit, savings and other financial products and services, in providing access to capital for people living in poverty,

(j) Funds on deposit in interest bearing bank accounts, certificates of deposit, time deposits and call accounts are shown in the statements of assets and liabilities as cash.

For emerging markets, the best way forward is to correct the incentives for interest rate arbitrage at the source of capital flows.

The most challenging task for governments is to boost the private sector s effective risk bearing capacity so that businesses have access to capital on terms that tempt them to expand.

As a result, market oriented interest rate reform is now needed to help optimize capital allocation and support the development of China s financial market, thereby laying the groundwork for future capital account and exchange rate liberalization.

In issuing contingent capital, banks would have to pay a higher interest rate than they would on ordinary long term debt, because debt investors will face the true cost of capital, not the government subsidized cost.

The world's indebted nations, unfortunately known as the Third World, transfer capital to the rich nations by paying interest on their foreign liabilities.

Interest rate liberalization together with other financial reforms would help to improve the efficiency of capital allocation and to optimize the economic structure.

Bearing in mind the role of public private partnerships to improve the provision and sound management of infrastructure and public services in the interest of sustainable economic and social development,

Second, wealth effects are maximized when debt service is minimized that is, when interest expenses do not swallow the capital gains of asset appreciation.

Interest rates on Russia s bonds have risen by 2 3 percentage points, and many Russian creditors no longer have access to international capital markets.

Reiterating the importance of continued trade liberalization in developed and developing countries, including in sectors of export interest to developing countries, and bearing in mind paragraph 10 of resolution 55 182,

Taxes. Obama would raise the top marginal tax rates on wages, capital gains, dividends, interest, and estates, especially on higher income individuals and small businesses.

Adam Smith focused on the role of enlightened self interest (the invisible hand ) and the role of specialization in promoting the efficiency of capital accumulation.

Bearing can be unbearable.

bearing a humbled look .

bearing a humbled look .

And inflation is like default a capital levy on holders of public debt, as it reduces the real value of nominal liabilities at fixed interest rates.

Thus, the IMF s recommendation to use capital controls only after exhausting interest rate adjustment, reserve accumulation, and prudential regulation is out of step with the profession.

The key is to reflect on six kinds of capital goods business capital, infrastructure, human capital, intellectual capital, natural capital, and social capital.

Believers in low interest rates also emphasize shifts in income distribution in the United States away from labor and toward capital, which have greatly boosted firms' resources to finance investment internally and reduced their dependence on capital markets. They point to rapid technological progress, which has boosted output from new and old capital investments.

In a liberalized capital market, the undiminished risk that the yuan might appreciate means that investors must be compensated by a higher interest rate on dollar assets.

According to standard trade theory, a global labor glut ought to imply an increased rate of return on capital, which again pushes interest rates up, not down.