Economic crisis and the financial system amplification effect

A well informed and cautious financial system can improves the welfare outcome of an economy by driving lenders surplus to borrow-ers. Nevertheless in a crisis situation the financial system cautious behavior can become a crisis amplifier given that the credit approval conditions are hardly meet, so there could be a credit crunch even in a low interest rates environment. This paper illustrates the previous by developing a general equilibrium model where the collateral credit condition defines the prudential behavior of the financial sys-tem. This and some other conditions amplify the magnitude of a negative productivity shock.

Modelo integral de brechas sobre calidad en el servicio Circle Freight International de Colombia Ltda

La calidad, y mas concretamente la calidad en el servicio, se ha venido convirtiendo en un requisito imprescindible para competir en las organizaciones industriales y comerciales del mundo, ya que las implicaciones que tiene la calidad en el servicio