GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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21:08 Oct 7, 2007 |
Spanish to English translations [PRO] Bus/Financial - Management / Economic Policies | |||||
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| Selected response from: Parrot Spain Local time: 04:24 | ||||
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Summary of answers provided | ||||
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4 +1 | sovereign premiun / financial contamination |
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4 | sovereign (or government bond) spread / financial contagion |
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sovereign premiun / financial contamination Explanation: Mike :) -------------------------------------------------- Note added at 23 mins (2007-10-07 21:32:20 GMT) -------------------------------------------------- sovereign premiuM -------------------------------------------------- Note added at 24 mins (2007-10-07 21:33:21 GMT) -------------------------------------------------- The sovereign premium to be paid out each month due to the deficit, and "contagio" figuratively as "contamination" as described in the unabridged Harper Collins Dictionary |
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sovereign (or government bond) spread / financial contagion Explanation: Authors writing on "premio soberano" define it: "Estos spreads corresponden a la diferencia entre la tasa de interés que pagan los bonos soberanos de países emergentes y la tasa de interés que paga un bono del Tesoro de EE.UU. de plazo equivalente. En consecuencia, es una buena aproximación a la compensación que exige los inversionistas por el riesgo país, es decir, al riesgo de que el soberano emergente no pague completamente su deuda." As for "contagio", the World Bank uses "contagion": http://www1.worldbank.org/economicpolicy/managing volatility... Reference: http://www.bcentral.cl/estudios/documentos-trabajo/pdf/dtbc3... Reference: http://www.bcentral.cl/prensa/resumen-estudios/dtbc333.htm |
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