Latin American Bond Markets Essay Example | Topics and Well Written Essays - 1000 words

Latin American Bond Markets - Essay Example an that, it examines Latin Americas international capital markets access starting 1980 to 2005 while dwelling mostly on the role of factors both domestic and external. Since the nineties, several of the Latin American countries have undertaken major policy reforms directed at ensuring the development of bond markets that had previously been non-existent. This has resulted, decades later, in an unevenly developed bond market, with thriving government and private bond markets that are still yet to be consolidated. These markets mainly concentrate on small numbers of large suppliers and show spurs in monetary growth that is unsustainable over time. As such, in several of these countries, bank credit is still the main source of financial credit to date. However, market based financing has experienced a lagging performance. Several efforts to explain this lag in performance have been made, none of which has explicit focus on the bond markets. This has left many questions regarding these markets unanswered. 1Empirical approaches to the capital markets have been descriptive with no intent to pursue models looking into market participant behavior. This raises the question as to whether, basing on policy, private bond markets development is crucial for the growth and development of economies of the involved countries, and if so, to what extent? In recent years, domestic bond markets in Latin America have constituted a growing finance source for the economies of respective countries and for global investors, a portfolio allocation. This brings up the question as to whether the region’s countries can borrow, at longer maturities, in local currency. Over the past decade, domestic issuance of securities has had a rapid expansion. This growth has led to fixed income markets domination as a funding source for both private sector and public sector. It is clearly evident that bond markets in Latin America have a long way to go in as far as policy reformation is concerned.

Litercy Criticisms on How The People In A Street Car Named Desire Research Paper

Litercy Criticisms on How The People In A Street Car Named Desire represent those of tennessee williams life - Research Paper Example Meaning of Streetcar Named Desire The play â€Å"Streetcar Named Desire† was written after William’s first success of â€Å"The Glass Menagerie† and was known to develop with his own cliche statement which he called a ‘streetcar named success.’ This was based on his early achievements as a playwright and with the inability to move in the correct direction with his next plays. The confusion which came from this success was one which was based on the ability to indulge in life while not carrying a sense of direction about future prospects. The result was William’s moving into a controversial lifestyle where he was able to indulge in drinking, fine dining and gambling (Torres, 162). The conflicts which were faced then combined with the understanding that William’s had of himself which led from fame to a self – destructive attitude. The overall plot line and the different actions which take place, as well as the main theme of the pla y, all show this specific attitude and the way in which William’s is reflecting about his life at this particular time (Bloom, 11). The writing of this specific book was also based on the philosophies and interpretations which William’s had during this time. He created a looking glass of his own life and how he had struggled then instantly broken through into success. This left him with the need to re-examine relationships, morality and the conflicts which occurred either in his own life or in general. The idea which he began to move around was to find the ideal of what was good. â€Å"Then what is good? The obsessive interest in human affairs, plus a certain amount of compassion and moral conviction, that first made the experience of living something that must be translated into pigment or music or bodily movement† (Williams, 22). The philosophy which William’s fell back on at this time then led him to delve into his personal relationships, specifically with his sister, and to re-examine the interest of his personal affairs and the way in which he believed he had interacted with them. It was this specific component that led to the questioning of his character and the reflection of this in his next play (Thompson, 47). Direct Relationships to Characters The different characters used throughout â€Å"A Streetcar Named Desire† are recorded as having a direct association with William’s life. The characters in the play are known to be representative of the family that William’s had, specifically in reference to Blanche, who is found to go through several brutal relationships and end up in a mental hospital. Blanche is known to be directly linked to William’s sister, Rose, who struggled with mental health for several years and later became incapacitated after a lobotomy. The problem and crisis which William’s associates with is reflective of watching his sister go through the victimization and with the concept of explaining the complexities, emotional conflicts and the deeply rooted problems of the mental health which he sees through his sister. Each of these become associated with Blanche and the struggles noted throughout the play with her mental health and relationships with others (Vlasopolos, 322). The character of Blanche is the main focus which William’