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Exploring the Role of Foreign Investors in Russia's Local Currency Government Bond (OFZ) Market
Local currency government bonds (OFZ bonds) are an important fixed-income instrument in Russia’s financial markets. In this paper, based on granular data, we explore the development of the OFZ bond market with a focus on foreign investors. As this fixed-income market has experienced a liberalization of the domestic trading and settlement infrastructure, and weathered several episodes of market stresses since the 2008–09 global financial crisis, the role of foreign investors can be observed along with these events. What we have found is that foreign investors had influenced the market before they became an important player and since then they have contributed to the development of the market while not necessarily destabilizing it in episodes of shocks.
Investigative Report
Controlling the blood, discusses the vital role of blood, how it functions, and how it protects the human body. Additionally, this title features a table of contents, glossary, index, color photographs and illustrations, sidebars, pronunciation guidelines, and recommended books and websites for further exploration. Through diagrams and labeled pictures supplementing the text, this title is perfect for reports or lessons.
Modeling and Optimization of LCD Optical Performance
Focusing on polarization matrix optics in many forms, this book includes coverage of a wide range of methods which have been applied to LCD modeling, ranging from the simple Jones matrix method to elaborate and high accuracy algorithms suitable for off-axis optics. Researchers and scientists are constantly striving for improved performance, faster response times, wide viewing angles, improved colour in liquid crystal display development, and with this comes the need to model LCD devices effectively. The authors have significant experience in dealing with the problems related to the practical application of liquid crystals, in particular their optical performance. Key features: Explores analy...
The Idea of Russia
Dmitry Likhachev (1906-1999) was one of the most prominent Russian intellectuals of the twentieth century. His life spanned virtually the entire century - a tumultuous period which saw Russia move from Tsarist rule under Nicholas II via the Russian Revolution and Civil War into seven decades of communism followed by Gorbachev's Perestroika and the rise of Putin. In 1928, shortly after completing his university education, Likhachev was arrested, charged with counter-revolutionary ideas and imprisoned in the Gulag, where he spent the next five years. Returning to a career in academia, specialising in Old Russian literature, Likhachev played a crucial role in the cultural life of twentieth-century Russia, campaigning for the protection of important cultural sites and historic monuments. He also founded museums dedicated to great Russian writers including Dostoevsky, Pushkin and Pasternak. In this, the first biography of Likhachev to appear in English, Vladislav Zubok provides a thoroughly-researched account of one of Russia's most extraordinary and influential public figures.
Stalin's Falcons
In this stunning exposé, Dmitry Zubov reveals the dark truth of the terrible losses suffered by Soviet flyers, the inferiority of the Russian aircraft on World War II's Eastern Front, and the almost slave-like conditions in which those aircraft were made. The Soviet history of the Second World War, written under the conditions of a totalitarian regime, reflected all its features, with the result that it includes solid sets of patriotic fables that have no connection with reality. Many of the events of the war were distorted beyond recognition or even made up from beginning to end. Archives containing original documents were available only to selected, specially verified KGB ‘historians’...
Instruments, Investor Base, and Recent Developments in the Malaysian Government Bond Market
Foreign holdings of Malaysian local currency (LCY) government bonds have increased since the global financial crisis. By exploring the micro-level bank by bank and fund by fund data, we are able to shed light on the key features of the LCY government bonds including their investor base. The data suggest that to gain exposure to the Malaysian credit, holding cash bonds is generally only one part of the strategy of foreign investors and in many cases FX derivatives are involved. The availability of an efficient FX derivatives market could help to attract a wider range of foreign investors and enrich the bond market. Meanwhile, the analysis of the risk related to the foreign ownership ideally could also cover the role of derivatives. The analysis also allows us to conclude that despite the importance of foreign investors, domestic participants, as the core investor base, could help to ensure the stability and proper functioning of the bond market.
Alexander Yakovlev
Youth -- War -- Khrushchev's speech -- Columbia University -- Trouble -- Canada -- Back home -- The December 1985 Memorandum -- Relations with Gorbachev -- Glasnost' -- Need of a fundamental break -- Role in foreign policy -- The 1939 Secret Protocol -- Attitude toward the United States -- Advocating presidency -- Accusations of treason -- Bolshevik crimes -- Dissolution of the Soviet Union -- Private life -- The August 1991 Coup -- Yakovlev's final thoughts about Russia and Russians -- Death
No-Body Homicide Cases
How do you prove someone guilty of murder when the best piece of evidence—the victim’s body—is missing? Exclusively dedicated to the investigation and prosecution of no-body homicide cases, this book provides the author’s insight gained from investigating and trying a no-body case along with what he’s learned consulting on scores of others across the country. A practical guide for police and prosecutors, it takes an expansive look at both the history of no-body murder cases and the best methods to investigate, solve, and bring them to court. Taking readers step by step from the first days of a homicide investigation through the trial, the book explores the history of confessions, t...
Digging Out
Tells two stories: how Soviet Union became a terror state, and how a small band of reformers associated with Gorbachev and Yeltsin brought an end to the socialist experiment.
Conditional Function Control of Aircraft
This book highlights the prevention of possible accidents and crashes of aircrafts by analyzing the many factors that affect such events. It includes the theoretical study of known ideas and concepts, as well as a set of new methods and mathematical models. It contains factual information to investigate famous disasters and aviation accidents with aircrafts. The book proposes methods and models that can be the basis in developing guidance material for decision-making by the flight crew and experts in air traffic control. Some of the contents presented in this book are also useful in the design and operation of data transmission systems of aircraft. The book is intended for engineering and technical specialists engaged in the development, manufacturing and operations of onboard radio electronic systems of aircraft and ground-based radio engineering support for flights, as well as graduate students and senior students of radio engineering specialties. It is useful to researchers and managers whose activities are related to air traffic control.
