Regional Requirement

By

Sampson I.M Onwuka

The recent slow growth in the market and in world economy symbolic of the recent transition in the general world market and economy and this late in August the emphasis on rate take new heights and new meaning. Considering the stretch and strain on Chinese economy, it leads somewhere that economic satellites have a window to operate as alternative in the world with expectations that break the ice in world markets and lend easy prospect on the future of global market, resurgent global currencies issue and positive economy with or with term structure. 

We cannot pretend that Regional Reserve Investment may not help to offload some of the expectations in the world market. 

I salute the recent effort made by West African leaders in pushing a useful economic agenda to force a shift in global market to head West Africa. Perhaps the story is true that the roads that lead from Jericho to Jerusalem, leads from Jerusalem to Jericho, it is a tale about economic condition that is set to struggling BRIC nations; Brazil, Russia, India and China expand their influence on global market.  That expansion of regional reserve banks closes very easily especially with Russia recently sanctioned by world markets.  

We may consider or instance Hong Kong with emphasis on Regional Reserve Investment Corporations and Stabilization Fund; Hong Kong, National Reserve Fund and National Wealth Fund (Russia) with policy mandate Macro-economic Stability and Investment objective of Capital preservation in stable and term investment return.

It leads that several countries of the world do have a fair shake on the cross roads at which they found themselves at the receiving ends of most Western influence and in the last 10 years, there is an increase in the financial resolve to gain some position in the world and perhaps influence the world markets in some extent – until perhaps the return of the Global pacesetters. 

The risk level is medium (2) Saving Funds – Direct Investment, Abu Dhabi investment Authority, China Investment Corporation (China), China Investment Fund (China), Government Pension Fund Global (Norway), Government of Singapore Investment Corporation (Singapore), all have a yes Direct Investment Fund Categories, and non-Direct investment.

It is common essence that the expansion period of the BRIC is well stated with some characteristic as I mentioned – that these are not automatic capital economies, these are cultural and political entities that are in transition hence known for privatization scheme and the invariant commissionaire from Sovereign economic wealth and been stated and perhaps the squeeze leads elsewhere, this is perhaps like what we have seen from all correction with influential economic changes. 

Now perhaps as the year so early draws to an end, a light for struggling economies appears and MINTS; Mexico, Indonesia, Nigeria, Turkey and South Africa - more like MINS without Turkey whose international is heavily edited, will compare its chances against the world most formidable market structure – MINES to assail – the said partners with Egypt as opposed to Turkey.

Turkey festers on Europe of later light, it dulls its meaning in Europe properly defined by debt and accretion to stability pact, may yet find better meaning under the canopy of the MINTS as with Mint. 

In the prosperity of the new few months with Europe showing expected signs of health and U.S still tip-toeing on their record breaking low interest rate, these nations can try their hands in the world. 

Of course there are more prosperous economic vintage such as Korea and perhaps Germany, but these markets are not missing in its parity in the world and cannot be said to be outside the economic factor that determine the wealth of nations no less Canada no less Mexico with BRIC to alter. 

Champions of Regional economies in the world may not miss the importance certain areas of world markets, especially in West Africa which since Ghana's vaunted economic revolution and new reality for Nigerians in the last years; the poor ship industries and ship hitting the shores, poor navigation technology saving carrions ship and carracks of despoil venturing West African corridors, under used and under developed market and economic structure, poor school systems and threatening academic environment, poor hospitals that needs attention and the growing issue of housing in all levels, that country with high consumptive energy can at least offload its pressure in doing what nations can and should do in term like this. 

At the presiding economic conditions, there is only one way to accommodate the rate of expansion in the world with respect a specific country in the world is long term austerity with versions of spending that may not be easily acceptable. Abu Dhabi investment, policy mandate – invest funds on ‘behalf of the government of the Emirate of Abu Dhabi’, long-term v risk and V, high 8.10% (1) Developed equities 3.5 – 4.5%, M.E equities 10 – 20%, Small Cap  1 – 5 %, Government bonds;  10 – 20 %, Credit 5 – 10%, Alternative 5 -10%, Private equity 2 – 8%, Infrastructure 1 – 3% (2012).

(3) Risk Contingent Funds; Savings Funds – China Investment Fund, Government Pension Fund Global, China Investment Corporation (China), Yes, Government of Singapore Investment Corporation – (Singapore) – Yes.  U.S Market funds, Alaska permanent Fund - (USA) – (Long term), Korea investment Corporation – (South Korea) (Long – term) (Yes), New Mexico State Investment Council and USA. 

Government Pension Funds/Direct investment and Investment profile of Selected SWFs, Domestic equity, 51%, International equity – 10%, private equity; 6%, Hedge funds; 40% (Sources, Castelli, Scacciavillani: 2012) It may be appropriate to tinker through the Nigerian economic problems along the corridors of United State with respect to world markets and what is happening in different parts of the world. The unlisted section are mean and ways to begin to corner some of the matchesm

Solution A----Regional Requirement---Regional Reserve Bank (System)

System Requirement for the Nigerian Sovereign Wealth Fund Investment and A System Requirement A covers the basis of the jurisprudence.

The basis of existence and the limits of the actions by the federal government and the Regulation Requirement, Constitution of the Reserve Requirement as opposed to other foreign U.S Reserve Regulation A that cover marginal revenue and market rate investment groups, especially Insurance and International Corporation of business interest.

 These are mostly savings funds which directly invest in specific growth economies in the world, unlike SWFs, that narrow some of their investment to buying into pre-existing business based on the reports and balance sheet of the companies.

Dividing two forms of Regional Banking procedure……

Dynamic System (Internal); Gold, Silver, precious metal, administrative recourse; endogenous,

Defense System Offence; (external), funds rates, interest rate, exogenous, and the administrative

procedures of Regional Reserve Bank.

Dynamic

System A, Upper Pyramid - ECA

Institutional Pool of finance and Pig Bank, Sources – Federal Sources – Source of disbursement of credit.,

System B

Members; the Constitution, Affectionate Group, Investment Society

System C

Margin Requirements for Banks, RATS System moderation (RATTS) for Banks, Interbank lending - margin

In the place of interest paying accounts, Money Market Mutual Funds, Bank Money Deposit Account,

Certificates of Deposit,

System D

PPP lending and Credit, Revenue base, Mini investor programs, SATTIRE,

System E

IRA teams, extended 401 (K), Insurance and Bank Insurance corporation, KEOGH, Margin SATTIRE (2),

SEP

System F

Investments and rate of return,  Line of defense ---- taste of liquidity, Rate of Return, and LIBOR Pursuant, Bank Stocks, test of process; transparency, test of process; administration of lending rights; equal lending rights, test of process; short term, termination of process, test of process; stress. Test of process, valuation of currency, Repurchase agreement

Defenses

 System G

 Mutual Funds for Stocks, Ginnie Maes ---open and closed stock options, externalities

System H

Treasury; Income repository; Bonds – replacement bonds, long term association, Corporate Bond, Munis…, etc

System I

Investment Funds, Growth Fund,

System J

Agencies, non-for profit organization, Community Investment Act, Saving rate, Highest Yielding Funds, Government Sponsored Organization,

System K

(U.S) National Bankers Association – pro term Nigeria, Com. West Africa, Africa. National Real Estate owners Association, Ranking, requirement for parties, Society of Investors (II), requirements for ETF, Requirement disbursement, CPI, Credit Corporation, (Dummy Variables)

System L

Hidden measure, special interest, Long term, 30 year vanilla, Loan qualification,

Offensive

System M

(Econometric) CPI, fiscal savings rate; glut, (University of Lagos)

System N

Bankers and Banking Act, CDS and denominations, International Currency Basket>dollar rate,

System O

Commercial Paper “IOU sold by corporation for day to day operating funds”

System P

Eurodollar CDs Dollar “denominated certificates sold by foreign branches of U.S banks or by foreign banks”

System Q

Treasuries bills and notes – “sold on a periodic basis by the U.S treasury and backed by the “full faith and credit” of the government, with Nigeria perhaps with primary resource pool such as the NSWIF from ECA account dominated in US or UK. The proscriptive message of Aganga towards is leadingly misappropriate

System R

Repurchase agreement – (Repos for short) buy-sell deals in which the fund buys securities with a 7 – 14 day repurchase window by seller, coupled to the crude oil prices and the repurchase membership with interest but outside the original pyramid or funds rate.

Must be performed by banks of interest with underlining interest and securities and not necessarily collateral,

Section S

(a)          MMDA, Regional Bandwidth for banks of origination, fund types, money market trophic, comparative CD rate and money market, types of fund, Certificates issued by U.S branches of foreign bank

(b)          CDs – certificates issued by U.S branches of foreign bank….chartered through the Regional

Reserve Banks

Stable money and Sound money…..

The exchange rate of this country can better enhance its business portfolio in the World Markets, if as suggested by others, that the last two '00' of its current note be denominated away from its current hiatus could accommodate new noise from US Crude Oil markets or trade partners to Nigerian Interest rate.

Since the expensive the Naira is a currency that suffers in neglect due to competing attention and currencies in the world, it does help itself by sticking the policy of a floating currency.

There are several countries that seek to regulate their currency and many of these countries are considered Developing Countries including a few of the BRIC nation.