Yet the fintech conquest also brings two risks. The first is that it could destabilise the financial system. Fintech firms swarm to the most profitable parts of the industry, often leaving less profit and most of the risk with traditional eventually expected to capture a tenth or more of Chi...
19.Whatarethemainareasoffranchising?Cleaningservices,filmprocessing,printshops,hairdressing,cosmetics,fitnesscentres,courierdelivery,carrental,enginetuningandservicing,fastfoodretailing.20.What'sthedifferencebetweenconsumerserviceandproducerservice?Concernedwithconsumption/toserveconsumers;...
Therefore, with the overwhelming majority of euro area firms still relying on bank loans as their prime source of credit, the key ECB interest rates remain the main tool to steer economic conditions in the euro area as the bank lending channel continues to act as the central element of the ...
Economic systems determine how goods are produced, who produces those goods and for whom those goods are produced. How those factors are addressed determines the type of economic system. Four main types of economic systems exist, with variations on each type that produce other systems. The economi...
This contrasted greatly with some of its competitors - especially the main losers in the conflict, Germany and Japan, which had, more or less, to start again from nothing. 这种显著的劣势可能最终对德日有利,因为它们必须投资,会投资最现代化的设备和新产品。
In this context, businesses play a central role as the main actors, while the government’s responsibility lies in building platforms, establishing mechanisms, and providing policy guidance. China’s key role in BRI cooperation stems from its economic size, market scale, experience in infrastructure...
people don’t worry about food and clothing and have their access to compulsory education, basic medical services and safe housing guaranteed. Generally speaking, under continuous efforts, the main indicators in the field of basic public services in poverty-stricken areas should be close to the nat...
In this context, businesses play a central role as the main actors, while the government’s responsibility lies in building platforms, establishing mechanisms, and providing policy guidance. China’s key role in BRI coop...
例句:The main electricity supply had been sabotaged by the rebels. 叛乱者破坏了供电干线。 【译文】本月早些时候,英国、爱沙尼亚和芬兰在波罗的海举行联合演习时,他们的目标不是磨练作战技能。取而代之的是,这些部队正在接受训练,以保护海底天然气和数据管道免受破坏。演习是在10月份该地区的海底电缆遭到破坏之后...
(pre-tax) prices, and the equilibrium response which plays out as prices change. Our main result demonstrates that under weak regularity conditions, regardless of the details of behavioural preferences, mistakes and constraints on decision-making, the long-run equilibrium will involve a greater ...