TAILIEUCHUNG - About Universal Credit November 2010

Second, banks located in a particular country may finance a large share of their locally extended credit to non-banks (ie domestic credit) with net borrowing from non-residents (either from other banks or non-banks). This (2) indirect cross-border credit allows credit growth to outrun domestic deposit growth. This component of international credit is often ignored in empirical analysis of credit booms but, as discussed below, it tends to be large during such periods. Finally, we also examine (3) foreign currencydenominated credit to non-banks, regardless of whether this credit is extended by banks inside or outside the country. As mentioned above, when non-bank borrowers shift their liabilities out of the. | About Universal Credit November 2010 Easy Read n A r 2 Department for L V r Work and Pensions Important Maroon writing In this easy-read booklet we sometimes explain what words mean. The first time we mention any of these words it is in bold maroon writing. Then we write what the words mean in a light purple box. If any of the words are used later in the booklet we show them in normal maroon writing. These words and what they mean are also in a Word List at the back of the booklet. The CDS Easy Read illustrations we develop are intended specifically for use in this publication. The Department for Work and Pensions has the right to share send print and distribute this product in its current format. The images within this product should not be copied from this document and used for other purposes or passed on to a third party. Do not extract modify adapt alter or otherwise attempt to change the illustrations for other purposes without written permission from CDS. CDS 7 Eastgate Leeds LS2 7LY Tel 0113 399 4000 Web clarity DWP About Universal Credit Contents What this booklet is About Universal Word

• Ngân hàng - Tín dụng
• Urban Residues
• Composite Natural Material
• Wood Polymer Composites
• Engineered Membranes
• Transporters
• Useful Devices
• lockup expirations
• seasoned equity issues