Sentences with phrase «most stable financial system»

«Bolstered by the world's most stable financial system, as ranked by The World Economic Forum for the fifth consecutive year, Canada's economy is attracting global talent and our luxury housing market is flourishing as a result.»

Not exact matches

I have ignored reasons that might justify lower discount rates or higher GDP adjustments for China mainly because the purpose of this essay is to explain why the U.S. multiple is so much higher than China's, and of course these reasons exist, but I think whatever the correct ratio should be, there is no question that advanced economies always justify higher multiples than developing economies because they tend to be economically more diversified and politically more stable, and they usually have institutions, including clearer legal and regulatory frameworks, more sophisticated capital allocation processes, less rigid financial systems, and smaller state sectors (which make smooth adjustment, one of the most valuable and undervalued components of long - term growth, more likely).

Over the past several weeks, the contagion emanating from the collapse of the market for complex structured assets that contain subprime mortgages has shaken the municipal bond market, one of the safest and most stable parts of the US financial system.