id sid tid token lemma pos issue-802 1 1 baltic baltic PROPN issue-802 1 2 journal journal PROPN issue-802 1 3 of of ADP issue-802 1 4 economic economic ADJ issue-802 1 5 studies study NOUN issue-802 1 6 108 108 NUM issue-802 1 7 vol vol NOUN issue-802 1 8 . . PROPN issue-802 2 1 6 6 NUM issue-802 2 2 , , PUNCT issue-802 2 3 no no INTJ issue-802 2 4 . . NOUN issue-802 2 5 2 2 NUM issue-802 2 6 , , PUNCT issue-802 2 7 2020 2020 NUM issue-802 2 8 corresponding correspond VERB issue-802 2 9 author author NOUN issue-802 2 10 : : PUNCT issue-802 2 11 1 1 NUM issue-802 2 12 national national ADJ issue-802 2 13 university university PROPN issue-802 2 14 of of ADP issue-802 2 15 food food NOUN issue-802 2 16 technologies technology NOUN issue-802 2 17 , , PUNCT issue-802 2 18 ukraine ukraine NOUN issue-802 2 19 . . PUNCT issue-802 3 1 e e X issue-802 3 2 - - NOUN issue-802 3 3 mail mail NOUN issue-802 3 4 : : PUNCT issue-802 3 5 gutkevych@ukr.net gutkevych@ukr.net PROPN issue-802 3 6 orcid orcid NOUN issue-802 3 7 : : PUNCT issue-802 3 8 https://orcid.org/0000-0003-2645-4011 https://orcid.org/0000-0003-2645-4011 PROPN issue-802 3 9 2 2 NUM issue-802 3 10 vilnius vilnius PROPN issue-802 3 11 university university PROPN issue-802 3 12 , , PUNCT issue-802 3 13 lithuania lithuania PROPN issue-802 3 14 . . PUNCT issue-802 4 1 e e X issue-802 4 2 - - NOUN issue-802 4 3 mail mail NOUN issue-802 4 4 : : PUNCT issue-802 4 5 virginija.jureniene@gmail.com virginija.jureniene@gmail.com X issue-802 4 6 orcid orcid NOUN issue-802 4 7 : : PUNCT issue-802 4 8 https://orcid.org/0000-0002-2818-437x https://orcid.org/0000-0002-2818-437x ADJ issue-802 4 9 doi doi PROPN issue-802 4 10 : : PUNCT issue-802 4 11 https://doi.org/10.30525/2256-0742/2020-6-2-108-115 https://doi.org/10.30525/2256-0742/2020-6-2-108-115 PROPN issue-802 4 12 bank bank PROPN issue-802 4 13 ’s ’s PART issue-802 4 14 investment investment NOUN issue-802 4 15 activity activity NOUN issue-802 4 16 svitlana svitlana PROPN issue-802 4 17 gutkevych1 gutkevych1 PROPN issue-802 4 18 , , PUNCT issue-802 4 19 virginija virginija ADJ issue-802 4 20 jureniene2 jureniene2 NOUN issue-802 4 21 abstract abstract NOUN issue-802 4 22 . . PUNCT issue-802 5 1 the the DET issue-802 5 2 article article NOUN issue-802 5 3 considers consider VERB issue-802 5 4 the the DET issue-802 5 5 investment investment NOUN issue-802 5 6 system system NOUN issue-802 5 7 that that PRON issue-802 5 8 is be AUX issue-802 5 9 determined determine VERB issue-802 5 10 by by ADP issue-802 5 11 the the DET issue-802 5 12 investment investment NOUN issue-802 5 13 activity activity NOUN issue-802 5 14 of of ADP issue-802 5 15 financial financial ADJ issue-802 5 16 institutions institution NOUN issue-802 5 17 . . PUNCT issue-802 6 1 the the DET issue-802 6 2 banking banking NOUN issue-802 6 3 system system NOUN issue-802 6 4 is be AUX issue-802 6 5 a a DET issue-802 6 6 dynamic dynamic ADJ issue-802 6 7 system system NOUN issue-802 6 8 , , PUNCT issue-802 6 9 the the DET issue-802 6 10 basis basis NOUN issue-802 6 11 of of ADP issue-802 6 12 the the DET issue-802 6 13 economic economic ADJ issue-802 6 14 infrastructure infrastructure NOUN issue-802 6 15 of of ADP issue-802 6 16 the the DET issue-802 6 17 market market NOUN issue-802 6 18 . . PUNCT issue-802 7 1 the the DET issue-802 7 2 bank bank NOUN issue-802 7 3 's 's PART issue-802 7 4 investment investment NOUN issue-802 7 5 operations operation NOUN issue-802 7 6 are be AUX issue-802 7 7 a a DET issue-802 7 8 complex complex ADJ issue-802 7 9 process process NOUN issue-802 7 10 because because SCONJ issue-802 7 11 the the DET issue-802 7 12 bank bank NOUN issue-802 7 13 can can AUX issue-802 7 14 be be AUX issue-802 7 15 both both CCONJ issue-802 7 16 an an DET issue-802 7 17 object object NOUN issue-802 7 18 and and CCONJ issue-802 7 19 an an DET issue-802 7 20 investor investor NOUN issue-802 7 21 . . PUNCT issue-802 8 1 the the DET issue-802 8 2 bank bank NOUN issue-802 8 3 's 's PART issue-802 8 4 investment investment NOUN issue-802 8 5 choices choice NOUN issue-802 8 6 are be AUX issue-802 8 7 influenced influence VERB issue-802 8 8 by by ADP issue-802 8 9 the the DET issue-802 8 10 following follow VERB issue-802 8 11 major major ADJ issue-802 8 12 factors factor NOUN issue-802 8 13 : : PUNCT issue-802 8 14 expected expect VERB issue-802 8 15 rate rate NOUN issue-802 8 16 of of ADP issue-802 8 17 return return NOUN issue-802 8 18 , , PUNCT issue-802 8 19 tax tax NOUN issue-802 8 20 characteristics characteristic NOUN issue-802 8 21 , , PUNCT issue-802 8 22 mortgage mortgage NOUN issue-802 8 23 requirements requirement NOUN issue-802 8 24 , , PUNCT issue-802 8 25 risks.the risks.the DET issue-802 8 26 stability stability NOUN issue-802 8 27 of of ADP issue-802 8 28 the the DET issue-802 8 29 banking banking NOUN issue-802 8 30 system system NOUN issue-802 8 31 depends depend VERB issue-802 8 32 on on ADP issue-802 8 33 the the DET issue-802 8 34 general general ADJ issue-802 8 35 equilibrium equilibrium NOUN issue-802 8 36 conditions condition NOUN issue-802 8 37 between between ADP issue-802 8 38 accumulation accumulation NOUN issue-802 8 39 and and CCONJ issue-802 8 40 investment investment NOUN issue-802 8 41 demand demand NOUN issue-802 8 42 . . PUNCT issue-802 9 1 the the DET issue-802 9 2 state state NOUN issue-802 9 3 of of ADP issue-802 9 4 the the DET issue-802 9 5 banking banking NOUN issue-802 9 6 system system NOUN issue-802 9 7 affects affect VERB issue-802 9 8 investment investment NOUN issue-802 9 9 . . PUNCT issue-802 10 1 the the DET issue-802 10 2 structure structure NOUN issue-802 10 3 of of ADP issue-802 10 4 the the DET issue-802 10 5 modern modern ADJ issue-802 10 6 banking banking NOUN issue-802 10 7 system system NOUN issue-802 10 8 in in ADP issue-802 10 9 ukraine ukraine NOUN issue-802 10 10 is be AUX issue-802 10 11 in in ADP issue-802 10 12 line line NOUN issue-802 10 13 with with ADP issue-802 10 14 western western ADJ issue-802 10 15 counterparts counterpart NOUN issue-802 10 16 , , PUNCT issue-802 10 17 and and CCONJ issue-802 10 18 the the DET issue-802 10 19 domestic domestic ADJ issue-802 10 20 legal legal ADJ issue-802 10 21 framework framework NOUN issue-802 10 22 in in ADP issue-802 10 23 the the DET issue-802 10 24 banking banking NOUN issue-802 10 25 sector sector NOUN issue-802 10 26 is be AUX issue-802 10 27 perfect perfect ADJ issue-802 10 28 enough enough ADV issue-802 10 29 to to PART issue-802 10 30 regulate regulate VERB issue-802 10 31 banking banking NOUN issue-802 10 32 processes process NOUN issue-802 10 33 and and CCONJ issue-802 10 34 ensure ensure VERB issue-802 10 35 the the DET issue-802 10 36 stability stability NOUN issue-802 10 37 of of ADP issue-802 10 38 the the DET issue-802 10 39 banking banking NOUN issue-802 10 40 sector sector NOUN issue-802 10 41 . . PUNCT issue-802 11 1 in in ADP issue-802 11 2 a a DET issue-802 11 3 broader broad ADJ issue-802 11 4 context context NOUN issue-802 11 5 , , PUNCT issue-802 11 6 international international ADJ issue-802 11 7 investment investment NOUN issue-802 11 8 processes process NOUN issue-802 11 9 are be AUX issue-802 11 10 influenced influence VERB issue-802 11 11 by by ADP issue-802 11 12 : : PUNCT issue-802 11 13 the the DET issue-802 11 14 state state NOUN issue-802 11 15 of of ADP issue-802 11 16 development development NOUN issue-802 11 17 of of ADP issue-802 11 18 the the DET issue-802 11 19 world world NOUN issue-802 11 20 economy economy NOUN issue-802 11 21 , , PUNCT issue-802 11 22 international international ADJ issue-802 11 23 factor factor NOUN issue-802 11 24 and and CCONJ issue-802 11 25 investment investment NOUN issue-802 11 26 markets market NOUN issue-802 11 27 ; ; PUNCT issue-802 11 28 stability stability NOUN issue-802 11 29 of of ADP issue-802 11 30 the the DET issue-802 11 31 world world NOUN issue-802 11 32 monetary monetary ADJ issue-802 11 33 system system NOUN issue-802 11 34 ; ; PUNCT issue-802 11 35 development development NOUN issue-802 11 36 of of ADP issue-802 11 37 international international ADJ issue-802 11 38 investment investment NOUN issue-802 11 39 infrastructure infrastructure NOUN issue-802 11 40 and and CCONJ issue-802 11 41 the the DET issue-802 11 42 like like ADJ issue-802 11 43 . . PUNCT issue-802 12 1 in in ADP issue-802 12 2 the the DET issue-802 12 3 context context NOUN issue-802 12 4 of of ADP issue-802 12 5 globalization globalization NOUN issue-802 12 6 , , PUNCT issue-802 12 7 international international ADJ issue-802 12 8 investment investment NOUN issue-802 12 9 is be AUX issue-802 12 10 influenced influence VERB issue-802 12 11 by by ADP issue-802 12 12 the the DET issue-802 12 13 interacting interact VERB issue-802 12 14 processes process NOUN issue-802 12 15 of of ADP issue-802 12 16 trans tran NOUN issue-802 12 17 nationalization nationalization NOUN issue-802 12 18 and and CCONJ issue-802 12 19 regional regional ADJ issue-802 12 20 economic economic ADJ issue-802 12 21 integration integration NOUN issue-802 12 22 . . PUNCT issue-802 13 1 the the DET issue-802 13 2 effects effect NOUN issue-802 13 3 of of ADP issue-802 13 4 global global ADJ issue-802 13 5 economic economic ADJ issue-802 13 6 factors factor NOUN issue-802 13 7 , , PUNCT issue-802 13 8 on on ADP issue-802 13 9 the the DET issue-802 13 10 one one NUM issue-802 13 11 hand hand NOUN issue-802 13 12 , , PUNCT issue-802 13 13 offset offset VERB issue-802 13 14 some some PRON issue-802 13 15 of of ADP issue-802 13 16 the the DET issue-802 13 17 differences difference NOUN issue-802 13 18 between between ADP issue-802 13 19 countries country NOUN issue-802 13 20 , , PUNCT issue-802 13 21 and and CCONJ issue-802 13 22 on on ADP issue-802 13 23 the the DET issue-802 13 24 other other ADJ issue-802 13 25 , , PUNCT issue-802 13 26 it it PRON issue-802 13 27 creates create VERB issue-802 13 28 a a DET issue-802 13 29 macro macro ADJ issue-802 13 30 environment environment NOUN issue-802 13 31 for for ADP issue-802 13 32 large large ADJ issue-802 13 33 - - PUNCT issue-802 13 34 scale scale NOUN issue-802 13 35 activity activity NOUN issue-802 13 36 of of ADP issue-802 13 37 international international ADJ issue-802 13 38 entities entity NOUN issue-802 13 39 and and CCONJ issue-802 13 40 investment investment NOUN issue-802 13 41 institutions institution NOUN issue-802 13 42 . . PUNCT issue-802 14 1 key key ADJ issue-802 14 2 words word NOUN issue-802 14 3 : : PUNCT issue-802 14 4 investment investment NOUN issue-802 14 5 system system NOUN issue-802 14 6 , , PUNCT issue-802 14 7 financial financial ADJ issue-802 14 8 institutions institution NOUN issue-802 14 9 , , PUNCT issue-802 14 10 banking banking NOUN issue-802 14 11 system system NOUN issue-802 14 12 . . PUNCT issue-802 15 1 jel jel PROPN issue-802 15 2 classification classification PROPN issue-802 15 3 : : PUNCT issue-802 15 4 g23 g23 PROPN issue-802 15 5 , , PUNCT issue-802 15 6 g24 g24 PROPN issue-802 15 7 , , PUNCT issue-802 15 8 e50 e50 NOUN issue-802 15 9 1 1 NUM issue-802 15 10 . . PUNCT issue-802 16 1 introduction introduction NOUN issue-802 16 2 the the DET issue-802 16 3 financial financial ADJ issue-802 16 4 system system NOUN issue-802 16 5 emerges emerge VERB issue-802 16 6 with with ADP issue-802 16 7 the the DET issue-802 16 8 emergence emergence NOUN issue-802 16 9 of of ADP issue-802 16 10 the the DET issue-802 16 11 state state NOUN issue-802 16 12 and and CCONJ issue-802 16 13 develops develop VERB issue-802 16 14 with with ADP issue-802 16 15 it it PRON issue-802 16 16 improving improve VERB issue-802 16 17 its its PRON issue-802 16 18 legal legal ADJ issue-802 16 19 norms norm NOUN issue-802 16 20 . . PUNCT issue-802 17 1 financial financial ADJ issue-802 17 2 stability stability NOUN issue-802 17 3 is be AUX issue-802 17 4 important important ADJ issue-802 17 5 to to PART issue-802 17 6 ensure ensure VERB issue-802 17 7 the the DET issue-802 17 8 efficient efficient ADJ issue-802 17 9 operation operation NOUN issue-802 17 10 of of ADP issue-802 17 11 the the DET issue-802 17 12 state state NOUN issue-802 17 13 ’s ’s PART issue-802 17 14 financial financial ADJ issue-802 17 15 system system NOUN issue-802 17 16 . . PUNCT issue-802 18 1 from from ADP issue-802 18 2 an an DET issue-802 18 3 economic economic ADJ issue-802 18 4 point point NOUN issue-802 18 5 of of ADP issue-802 18 6 view view NOUN issue-802 18 7 , , PUNCT issue-802 18 8 the the DET issue-802 18 9 financial financial ADJ issue-802 18 10 system system NOUN issue-802 18 11 represents represent VERB issue-802 18 12 a a DET issue-802 18 13 set set NOUN issue-802 18 14 of of ADP issue-802 18 15 different different ADJ issue-802 18 16 spheres sphere NOUN issue-802 18 17 of of ADP issue-802 18 18 financial financial ADJ issue-802 18 19 relations relation NOUN issue-802 18 20 related relate VERB issue-802 18 21 to to ADP issue-802 18 22 the the DET issue-802 18 23 formation formation NOUN issue-802 18 24 and and CCONJ issue-802 18 25 use use NOUN issue-802 18 26 of of ADP issue-802 18 27 centralized centralized ADJ issue-802 18 28 and and CCONJ issue-802 18 29 decentralized decentralized ADJ issue-802 18 30 funds fund NOUN issue-802 18 31 of of ADP issue-802 18 32 monetary monetary ADJ issue-802 18 33 resources resource NOUN issue-802 18 34 ; ; PUNCT issue-802 18 35 from from ADP issue-802 18 36 an an DET issue-802 18 37 institutional institutional ADJ issue-802 18 38 point point NOUN issue-802 18 39 of of ADP issue-802 18 40 view view NOUN issue-802 18 41 , , PUNCT issue-802 18 42 it it PRON issue-802 18 43 is be AUX issue-802 18 44 the the DET issue-802 18 45 totality totality NOUN issue-802 18 46 of of ADP issue-802 18 47 the the DET issue-802 18 48 country country NOUN issue-802 18 49 ’s ’s PART issue-802 18 50 financial financial ADJ issue-802 18 51 institutions institution NOUN issue-802 18 52 . . PUNCT issue-802 19 1 the the DET issue-802 19 2 financial financial ADJ issue-802 19 3 system system NOUN issue-802 19 4 of of ADP issue-802 19 5 the the DET issue-802 19 6 state state NOUN issue-802 19 7 is be AUX issue-802 19 8 a a DET issue-802 19 9 set set NOUN issue-802 19 10 of of ADP issue-802 19 11 interacting interact VERB issue-802 19 12 elements element NOUN issue-802 19 13 that that PRON issue-802 19 14 make make VERB issue-802 19 15 up up ADP issue-802 19 16 a a DET issue-802 19 17 coherent coherent ADJ issue-802 19 18 formation formation NOUN issue-802 19 19 . . PUNCT issue-802 20 1 it it PRON issue-802 20 2 includes include VERB issue-802 20 3 directions direction NOUN issue-802 20 4 or or CCONJ issue-802 20 5 elements element NOUN issue-802 20 6 that that PRON issue-802 20 7 have have VERB issue-802 20 8 its its PRON issue-802 20 9 own own ADJ issue-802 20 10 functional functional ADJ issue-802 20 11 purpose purpose NOUN issue-802 20 12 . . PUNCT issue-802 21 1 these these PRON issue-802 21 2 are be AUX issue-802 21 3 : : PUNCT issue-802 21 4 – – PUNCT issue-802 21 5 state state NOUN issue-802 21 6 finances finance NOUN issue-802 21 7 ( ( PUNCT issue-802 21 8 budgets budget NOUN issue-802 21 9 of of ADP issue-802 21 10 all all DET issue-802 21 11 levels level NOUN issue-802 21 12 and and CCONJ issue-802 21 13 extrabudgetary extrabudgetary ADJ issue-802 21 14 funds fund NOUN issue-802 21 15 ) ) PUNCT issue-802 21 16 ; ; PUNCT issue-802 21 17 – – PUNCT issue-802 21 18 finance finance NOUN issue-802 21 19 of of ADP issue-802 21 20 business business NOUN issue-802 21 21 entities entity NOUN issue-802 21 22 – – PUNCT issue-802 21 23 enterprises enterprise NOUN issue-802 21 24 ; ; PUNCT issue-802 21 25 – – PUNCT issue-802 21 26 non non ADJ issue-802 21 27 - - ADJ issue-802 21 28 productive productive ADJ issue-802 21 29 finance finance NOUN issue-802 21 30 ; ; PUNCT issue-802 21 31 – – PUNCT issue-802 21 32 population population NOUN issue-802 21 33 finances finance NOUN issue-802 21 34 ; ; PUNCT issue-802 21 35 – – PUNCT issue-802 21 36 internal internal ADJ issue-802 21 37 and and CCONJ issue-802 21 38 external external ADJ issue-802 21 39 financial financial ADJ issue-802 21 40 obligations obligation NOUN issue-802 21 41 ; ; PUNCT issue-802 21 42 – – PUNCT issue-802 21 43 financial financial ADJ issue-802 21 44 infrastructure infrastructure NOUN issue-802 21 45 . . PUNCT issue-802 22 1 these these DET issue-802 22 2 elements element NOUN issue-802 22 3 of of ADP issue-802 22 4 finance finance NOUN issue-802 22 5 can can AUX issue-802 22 6 properly properly ADV issue-802 22 7 affect affect VERB issue-802 22 8 the the DET issue-802 22 9 economy economy NOUN issue-802 22 10 of of ADP issue-802 22 11 the the DET issue-802 22 12 country country NOUN issue-802 22 13 only only ADV issue-802 22 14 in in ADP issue-802 22 15 a a DET issue-802 22 16 complex complex ADJ issue-802 22 17 single single ADJ issue-802 22 18 system system NOUN issue-802 22 19 . . PUNCT issue-802 23 1 the the DET issue-802 23 2 finances finance NOUN issue-802 23 3 of of ADP issue-802 23 4 economic economic ADJ issue-802 23 5 entities entity NOUN issue-802 23 6 are be AUX issue-802 23 7 of of ADP issue-802 23 8 crucial crucial ADJ issue-802 23 9 significance significance NOUN issue-802 23 10 in in ADP issue-802 23 11 this this DET issue-802 23 12 system system NOUN issue-802 23 13 . . PUNCT issue-802 24 1 the the DET issue-802 24 2 financial financial ADJ issue-802 24 3 resources resource NOUN issue-802 24 4 of of ADP issue-802 24 5 an an DET issue-802 24 6 entity entity NOUN issue-802 24 7 's 's PART issue-802 24 8 economic economic ADJ issue-802 24 9 activities activity NOUN issue-802 24 10 are be AUX issue-802 24 11 cash cash NOUN issue-802 24 12 available available ADJ issue-802 24 13 to to ADP issue-802 24 14 the the DET issue-802 24 15 entity entity NOUN issue-802 24 16 . . PUNCT issue-802 25 1 the the DET issue-802 25 2 finances finance NOUN issue-802 25 3 of of ADP issue-802 25 4 the the DET issue-802 25 5 entities entity NOUN issue-802 25 6 reflect reflect VERB issue-802 25 7 the the DET issue-802 25 8 turnover turnover NOUN issue-802 25 9 or or CCONJ issue-802 25 10 cash cash NOUN issue-802 25 11 flow flow NOUN issue-802 25 12 . . PUNCT issue-802 26 1 they they PRON issue-802 26 2 are be AUX issue-802 26 3 invested invest VERB issue-802 26 4 in in ADP issue-802 26 5 the the DET issue-802 26 6 development development NOUN issue-802 26 7 of of ADP issue-802 26 8 production production NOUN issue-802 26 9 facilities facility NOUN issue-802 26 10 of of ADP issue-802 26 11 non non ADJ issue-802 26 12 - - ADJ issue-802 26 13 productive productive ADJ issue-802 26 14 sphere sphere NOUN issue-802 26 15 , , PUNCT issue-802 26 16 consumption consumption NOUN issue-802 26 17 , , PUNCT issue-802 26 18 may may AUX issue-802 26 19 remain remain VERB issue-802 26 20 in in ADP issue-802 26 21 the the DET issue-802 26 22 reserve reserve NOUN issue-802 26 23 of of ADP issue-802 26 24 the the DET issue-802 26 25 enterprise enterprise NOUN issue-802 26 26 . . PUNCT issue-802 27 1 the the DET issue-802 27 2 development development NOUN issue-802 27 3 of of ADP issue-802 27 4 the the DET issue-802 27 5 banking banking NOUN issue-802 27 6 system system NOUN issue-802 27 7 is be AUX issue-802 27 8 a a DET issue-802 27 9 factor factor NOUN issue-802 27 10 that that PRON issue-802 27 11 influences influence VERB issue-802 27 12 primarily primarily ADV issue-802 27 13 the the DET issue-802 27 14 attraction attraction NOUN issue-802 27 15 and and CCONJ issue-802 27 16 inflow inflow NOUN issue-802 27 17 of of ADP issue-802 27 18 foreign foreign ADJ issue-802 27 19 investments investment NOUN issue-802 27 20 , , PUNCT issue-802 27 21 as as SCONJ issue-802 27 22 they they PRON issue-802 27 23 characterize characterize VERB issue-802 27 24 the the DET issue-802 27 25 level level NOUN issue-802 27 26 of of ADP issue-802 27 27 intensification intensification NOUN issue-802 27 28 of of ADP issue-802 27 29 investment investment NOUN issue-802 27 30 activity activity NOUN issue-802 27 31 in in ADP issue-802 27 32 the the DET issue-802 27 33 country country NOUN issue-802 27 34 . . PUNCT issue-802 28 1 the the DET issue-802 28 2 functioning functioning NOUN issue-802 28 3 of of ADP issue-802 28 4 the the DET issue-802 28 5 economy economy NOUN issue-802 28 6 is be AUX issue-802 28 7 impossible impossible ADJ issue-802 28 8 without without ADP issue-802 28 9 the the DET issue-802 28 10 functioning functioning NOUN issue-802 28 11 of of ADP issue-802 28 12 the the DET issue-802 28 13 banking banking NOUN issue-802 28 14 system system NOUN issue-802 28 15 , , PUNCT issue-802 28 16 which which PRON issue-802 28 17 is be AUX issue-802 28 18 a a DET issue-802 28 19 dynamic dynamic ADJ issue-802 28 20 system system NOUN issue-802 28 21 , , PUNCT issue-802 28 22 and and CCONJ issue-802 28 23 especially especially ADV issue-802 28 24 in in ADP issue-802 28 25 the the DET issue-802 28 26 market market NOUN issue-802 28 27 conditions condition NOUN issue-802 28 28 can can AUX issue-802 28 29 not not PART issue-802 28 30 be be AUX issue-802 28 31 in in ADP issue-802 28 32 a a DET issue-802 28 33 static static ADJ issue-802 28 34 state state NOUN issue-802 28 35 . . PUNCT issue-802 29 1 it it PRON issue-802 29 2 represents represent VERB issue-802 29 3 a a DET issue-802 29 4 single single ADJ issue-802 29 5 system system NOUN issue-802 29 6 that that PRON issue-802 29 7 includes include VERB issue-802 29 8 various various ADJ issue-802 29 9 banking banking NOUN issue-802 29 10 institutions institution NOUN issue-802 29 11 . . PUNCT issue-802 30 1 the the DET issue-802 30 2 main main ADJ issue-802 30 3 task task NOUN issue-802 30 4 of of ADP issue-802 30 5 the the DET issue-802 30 6 banking banking NOUN issue-802 30 7 system system NOUN issue-802 30 8 at at ADP issue-802 30 9 the the DET issue-802 30 10 present present ADJ issue-802 30 11 stage stage NOUN issue-802 30 12 is be AUX issue-802 30 13 to to PART issue-802 30 14 ensure ensure VERB issue-802 30 15 its its PRON issue-802 30 16 stability stability NOUN issue-802 30 17 and and CCONJ issue-802 30 18 effective effective ADJ issue-802 30 19 performance performance NOUN issue-802 30 20 of of ADP issue-802 30 21 its its PRON issue-802 30 22 functions function NOUN issue-802 30 23 . . PUNCT issue-802 31 1 baltic baltic PROPN issue-802 31 2 journal journal PROPN issue-802 31 3 of of ADP issue-802 31 4 economic economic ADJ issue-802 31 5 studies study NOUN issue-802 31 6 109 109 NUM issue-802 31 7 vol vol NOUN issue-802 31 8 . . PROPN issue-802 32 1 6 6 NUM issue-802 32 2 , , PUNCT issue-802 32 3 no no INTJ issue-802 32 4 . . NOUN issue-802 32 5 2 2 NUM issue-802 32 6 , , PUNCT issue-802 32 7 2020 2020 NUM issue-802 32 8 2 2 NUM issue-802 32 9 . . PUNCT issue-802 32 10 banking banking NOUN issue-802 32 11 system system NOUN issue-802 32 12 in in ADP issue-802 32 13 ukraine ukraine NOUN issue-802 32 14 there there PRON issue-802 32 15 are be VERB issue-802 32 16 two two NUM issue-802 32 17 main main ADJ issue-802 32 18 types type NOUN issue-802 32 19 of of ADP issue-802 32 20 banking banking NOUN issue-802 32 21 practice practice NOUN issue-802 32 22 in in ADP issue-802 32 23 the the DET issue-802 32 24 world world NOUN issue-802 32 25 systems system NOUN issue-802 32 26 : : PUNCT issue-802 32 27 – – PUNCT issue-802 32 28 distribution distribution NOUN issue-802 32 29 , , PUNCT issue-802 32 30 or or CCONJ issue-802 32 31 centralized centralized ADJ issue-802 32 32 , , PUNCT issue-802 32 33 banking banking NOUN issue-802 32 34 system system NOUN issue-802 32 35 in in ADP issue-802 32 36 which which PRON issue-802 32 37 the the DET issue-802 32 38 state state NOUN issue-802 32 39 is be AUX issue-802 32 40 sole sole ADJ issue-802 32 41 monopoly monopoly NOUN issue-802 32 42 owner owner NOUN issue-802 32 43 of of ADP issue-802 32 44 banks bank NOUN issue-802 32 45 ; ; PUNCT issue-802 32 46 – – PUNCT issue-802 32 47 a a DET issue-802 32 48 market market NOUN issue-802 32 49 banking banking NOUN issue-802 32 50 system system NOUN issue-802 32 51 that that PRON issue-802 32 52 assumes assume VERB issue-802 32 53 a a DET issue-802 32 54 variety variety NOUN issue-802 32 55 of of ADP issue-802 32 56 forms form NOUN issue-802 32 57 of of ADP issue-802 32 58 ownership ownership NOUN issue-802 32 59 of of ADP issue-802 32 60 banks bank NOUN issue-802 32 61 , , PUNCT issue-802 32 62 in in ADP issue-802 32 63 the the DET issue-802 32 64 absence absence NOUN issue-802 32 65 of of ADP issue-802 32 66 a a DET issue-802 32 67 state state NOUN issue-802 32 68 monopoly monopoly NOUN issue-802 32 69 . . PUNCT issue-802 33 1 a a DET issue-802 33 2 market market NOUN issue-802 33 3 economy economy NOUN issue-802 33 4 involves involve VERB issue-802 33 5 the the DET issue-802 33 6 functioning functioning NOUN issue-802 33 7 of of ADP issue-802 33 8 a a DET issue-802 33 9 twotier twoti ADJ issue-802 33 10 banking banking NOUN issue-802 33 11 system system NOUN issue-802 33 12 : : PUNCT issue-802 33 13 level level NOUN issue-802 33 14 i i PRON issue-802 33 15 – – PUNCT issue-802 33 16 national national PROPN issue-802 33 17 bank bank NOUN issue-802 33 18 ; ; PUNCT issue-802 33 19 level level PROPN issue-802 33 20 ii ii PROPN issue-802 33 21 – – PUNCT issue-802 33 22 commercial commercial ADJ issue-802 33 23 banks bank NOUN issue-802 33 24 of of ADP issue-802 33 25 private private ADJ issue-802 33 26 and and CCONJ issue-802 33 27 public public ADJ issue-802 33 28 ownership ownership NOUN issue-802 33 29 . . PUNCT issue-802 34 1 elements element NOUN issue-802 34 2 of of ADP issue-802 34 3 the the DET issue-802 34 4 banking banking NOUN issue-802 34 5 system system NOUN issue-802 34 6 are be AUX issue-802 34 7 its its PRON issue-802 34 8 constituent constituent ADJ issue-802 34 9 parts part NOUN issue-802 34 10 , , PUNCT issue-802 34 11 form form VERB issue-802 34 12 the the DET issue-802 34 13 unity unity NOUN issue-802 34 14 , , PUNCT issue-802 34 15 while while SCONJ issue-802 34 16 expressing express VERB issue-802 34 17 the the DET issue-802 34 18 specificity specificity NOUN issue-802 34 19 of of ADP issue-802 34 20 the the DET issue-802 34 21 systeme systeme NOUN issue-802 34 22 , , PUNCT issue-802 34 23 are be AUX issue-802 34 24 carriers carrier NOUN issue-802 34 25 of of ADP issue-802 34 26 its its PRON issue-802 34 27 properties property NOUN issue-802 34 28 . . PUNCT issue-802 35 1 the the DET issue-802 35 2 elements element NOUN issue-802 35 3 of of ADP issue-802 35 4 the the DET issue-802 35 5 banking banking NOUN issue-802 35 6 system system NOUN issue-802 35 7 are be AUX issue-802 35 8 : : PUNCT issue-802 35 9 banks bank NOUN issue-802 35 10 ; ; PUNCT issue-802 35 11 some some DET issue-802 35 12 special special ADJ issue-802 35 13 ones one NOUN issue-802 35 14 : : PUNCT issue-802 35 15 financial financial ADJ issue-802 35 16 institutions institution NOUN issue-802 35 17 perform perform VERB issue-802 35 18 banking banking NOUN issue-802 35 19 operations operation NOUN issue-802 35 20 but but CCONJ issue-802 35 21 do do AUX issue-802 35 22 not not PART issue-802 35 23 have have VERB issue-802 35 24 bank bank NOUN issue-802 35 25 status status NOUN issue-802 35 26 ; ; PUNCT issue-802 35 27 institutions institution NOUN issue-802 35 28 that that PRON issue-802 35 29 form form VERB issue-802 35 30 the the DET issue-802 35 31 banking banking NOUN issue-802 35 32 infrastructure infrastructure NOUN issue-802 35 33 and and CCONJ issue-802 35 34 ensure ensure VERB issue-802 35 35 the the DET issue-802 35 36 viability viability NOUN issue-802 35 37 of of ADP issue-802 35 38 credit credit NOUN issue-802 35 39 institutions institution NOUN issue-802 35 40 . . PUNCT issue-802 36 1 the the DET issue-802 36 2 banking banking NOUN issue-802 36 3 system system NOUN issue-802 36 4 is be AUX issue-802 36 5 a a DET issue-802 36 6 system system NOUN issue-802 36 7 where where SCONJ issue-802 36 8 the the DET issue-802 36 9 banks bank NOUN issue-802 36 10 are be AUX issue-802 36 11 main main ADJ issue-802 36 12 constituent constituent NOUN issue-802 36 13 or or CCONJ issue-802 36 14 central central ADJ issue-802 36 15 element element NOUN issue-802 36 16 . . PUNCT issue-802 37 1 central central ADJ issue-802 37 2 bank bank PROPN issue-802 37 3 performs perform VERB issue-802 37 4 the the DET issue-802 37 5 monetary monetary ADJ issue-802 37 6 functions function NOUN issue-802 37 7 and and CCONJ issue-802 37 8 directly directly ADV issue-802 37 9 or or CCONJ issue-802 37 10 indirectly indirectly ADV issue-802 37 11 regulates regulate VERB issue-802 37 12 the the DET issue-802 37 13 size size NOUN issue-802 37 14 and and CCONJ issue-802 37 15 price price NOUN issue-802 37 16 of of ADP issue-802 37 17 credit credit NOUN issue-802 37 18 nationwide nationwide ADV issue-802 37 19 . . PUNCT issue-802 38 1 the the DET issue-802 38 2 banking banking NOUN issue-802 38 3 system system NOUN issue-802 38 4 is be AUX issue-802 38 5 the the DET issue-802 38 6 basis basis NOUN issue-802 38 7 of of ADP issue-802 38 8 the the DET issue-802 38 9 market market NOUN issue-802 38 10 economic economic ADJ issue-802 38 11 infrastructure infrastructure NOUN issue-802 38 12 . . PUNCT issue-802 39 1 the the DET issue-802 39 2 normal normal ADJ issue-802 39 3 functioning functioning NOUN issue-802 39 4 of of ADP issue-802 39 5 the the DET issue-802 39 6 economy economy NOUN issue-802 39 7 is be AUX issue-802 39 8 influenced influence VERB issue-802 39 9 by by ADP issue-802 39 10 the the DET issue-802 39 11 investment investment NOUN issue-802 39 12 activity activity NOUN issue-802 39 13 of of ADP issue-802 39 14 banks bank NOUN issue-802 39 15 . . PUNCT issue-802 40 1 the the DET issue-802 40 2 level level NOUN issue-802 40 3 of of ADP issue-802 40 4 banking banking NOUN issue-802 40 5 system system NOUN issue-802 40 6 development development NOUN issue-802 40 7 is be AUX issue-802 40 8 an an DET issue-802 40 9 important important ADJ issue-802 40 10 factor factor NOUN issue-802 40 11 for for ADP issue-802 40 12 the the DET issue-802 40 13 investment investment NOUN issue-802 40 14 process process NOUN issue-802 40 15 , , PUNCT issue-802 40 16 as as SCONJ issue-802 40 17 the the DET issue-802 40 18 banks bank NOUN issue-802 40 19 are be AUX issue-802 40 20 the the DET issue-802 40 21 mediate mediate NOUN issue-802 40 22 between between ADP issue-802 40 23 the the DET issue-802 40 24 investor investor NOUN issue-802 40 25 and and CCONJ issue-802 40 26 the the DET issue-802 40 27 investee investee NOUN issue-802 40 28 . . PUNCT issue-802 41 1 the the DET issue-802 41 2 bank bank NOUN issue-802 41 3 is be AUX issue-802 41 4 a a DET issue-802 41 5 special special ADJ issue-802 41 6 category category NOUN issue-802 41 7 of of ADP issue-802 41 8 enterprises enterprise NOUN issue-802 41 9 , , PUNCT issue-802 41 10 monetary monetary ADJ issue-802 41 11 institute institute NOUN issue-802 41 12 that that PRON issue-802 41 13 does do AUX issue-802 41 14 not not PART issue-802 41 15 participate participate VERB issue-802 41 16 directly directly ADV issue-802 41 17 in in ADP issue-802 41 18 the the DET issue-802 41 19 production production NOUN issue-802 41 20 sphere sphere NOUN issue-802 41 21 but but CCONJ issue-802 41 22 regulates regulate VERB issue-802 41 23 money money NOUN issue-802 41 24 circulation circulation NOUN issue-802 41 25 ( ( PUNCT issue-802 41 26 gukevych gukevych NOUN issue-802 41 27 , , PUNCT issue-802 41 28 2012 2012 NUM issue-802 41 29 ) ) PUNCT issue-802 41 30 . . PUNCT issue-802 42 1 investments investment NOUN issue-802 42 2 are be AUX issue-802 42 3 important important ADJ issue-802 42 4 in in ADP issue-802 42 5 the the DET issue-802 42 6 ensure ensure NOUN issue-802 42 7 of of ADP issue-802 42 8 the the DET issue-802 42 9 balanced balanced ADJ issue-802 42 10 circulation circulation NOUN issue-802 42 11 of of ADP issue-802 42 12 the the DET issue-802 42 13 money money NOUN issue-802 42 14 market market NOUN issue-802 42 15 . . PUNCT issue-802 43 1 in in ADP issue-802 43 2 the the DET issue-802 43 3 banking banking NOUN issue-802 43 4 system system NOUN issue-802 43 5 , , PUNCT issue-802 43 6 investments investment NOUN issue-802 43 7 are be AUX issue-802 43 8 the the DET issue-802 43 9 funds fund NOUN issue-802 43 10 of of ADP issue-802 43 11 banks bank NOUN issue-802 43 12 invested invest VERB issue-802 43 13 in in ADP issue-802 43 14 these these DET issue-802 43 15 securities security NOUN issue-802 43 16 of of ADP issue-802 43 17 enterprises enterprise NOUN issue-802 43 18 , , PUNCT issue-802 43 19 organizations organization NOUN issue-802 43 20 and and CCONJ issue-802 43 21 institutions institution NOUN issue-802 43 22 of of ADP issue-802 43 23 different different ADJ issue-802 43 24 ownership ownership NOUN issue-802 43 25 over over ADP issue-802 43 26 a a DET issue-802 43 27 long long ADJ issue-802 43 28 period period NOUN issue-802 43 29 of of ADP issue-802 43 30 time time NOUN issue-802 43 31 . . PUNCT issue-802 44 1 credit credit NOUN issue-802 44 2 is be AUX issue-802 44 3 a a DET issue-802 44 4 form form NOUN issue-802 44 5 of of ADP issue-802 44 6 loan loan NOUN issue-802 44 7 capital capital NOUN issue-802 44 8 movement movement NOUN issue-802 44 9 or or CCONJ issue-802 44 10 an an DET issue-802 44 11 agreement agreement NOUN issue-802 44 12 with with ADP issue-802 44 13 economic economic ADJ issue-802 44 14 partners partner NOUN issue-802 44 15 that that PRON issue-802 44 16 acquires acquire VERB issue-802 44 17 a a DET issue-802 44 18 form form NOUN issue-802 44 19 of of ADP issue-802 44 20 loan loan NOUN issue-802 44 21 , , PUNCT issue-802 44 22 that that ADV issue-802 44 23 is is ADV issue-802 44 24 , , PUNCT issue-802 44 25 granting grant VERB issue-802 44 26 property property NOUN issue-802 44 27 or or CCONJ issue-802 44 28 money money NOUN issue-802 44 29 to to ADP issue-802 44 30 another another DET issue-802 44 31 person person NOUN issue-802 44 32 for for ADP issue-802 44 33 ownership ownership NOUN issue-802 44 34 on on ADP issue-802 44 35 terms term NOUN issue-802 44 36 that that PRON issue-802 44 37 are be AUX issue-802 44 38 signs sign NOUN issue-802 44 39 of of ADP issue-802 44 40 a a DET issue-802 44 41 loan loan NOUN issue-802 44 42 : : PUNCT issue-802 44 43 – – PUNCT issue-802 44 44 urgency urgency NOUN issue-802 44 45 , , PUNCT issue-802 44 46 – – PUNCT issue-802 44 47 reversibility reversibility NOUN issue-802 44 48 , , PUNCT issue-802 44 49 – – PUNCT issue-802 44 50 payments payment NOUN issue-802 44 51 . . PUNCT issue-802 45 1 the the DET issue-802 45 2 lender lender NOUN issue-802 45 3 gives give VERB issue-802 45 4 the the DET issue-802 45 5 loan loan NOUN issue-802 45 6 while while SCONJ issue-802 45 7 the the DET issue-802 45 8 borrower borrower NOUN issue-802 45 9 gets get VERB issue-802 45 10 the the DET issue-802 45 11 loan loan NOUN issue-802 45 12 . . PUNCT issue-802 46 1 for for ADP issue-802 46 2 any any DET issue-802 46 3 business business NOUN issue-802 46 4 , , PUNCT issue-802 46 5 the the DET issue-802 46 6 benefit benefit NOUN issue-802 46 7 of of ADP issue-802 46 8 bank bank NOUN issue-802 46 9 loans loan NOUN issue-802 46 10 is be AUX issue-802 46 11 related relate VERB issue-802 46 12 to to ADP issue-802 46 13 the the DET issue-802 46 14 size size NOUN issue-802 46 15 of of ADP issue-802 46 16 the the DET issue-802 46 17 interest interest NOUN issue-802 46 18 rate rate NOUN issue-802 46 19 . . PUNCT issue-802 47 1 with with ADP issue-802 47 2 the the DET issue-802 47 3 rise rise NOUN issue-802 47 4 in in ADP issue-802 47 5 the the DET issue-802 47 6 nominal nominal ADJ issue-802 47 7 interest interest NOUN issue-802 47 8 rate rate NOUN issue-802 47 9 , , PUNCT issue-802 47 10 the the DET issue-802 47 11 proportion proportion NOUN issue-802 47 12 of of ADP issue-802 47 13 borrowers borrower NOUN issue-802 47 14 is be AUX issue-802 47 15 falling fall VERB issue-802 47 16 . . PUNCT issue-802 48 1 investments investment NOUN issue-802 48 2 have have VERB issue-802 48 3 qualities quality NOUN issue-802 48 4 or or CCONJ issue-802 48 5 characteristics characteristic NOUN issue-802 48 6 that that PRON issue-802 48 7 differentiate differentiate VERB issue-802 48 8 them they PRON issue-802 48 9 from from ADP issue-802 48 10 the the DET issue-802 48 11 economic economic ADJ issue-802 48 12 category category NOUN issue-802 48 13 of of ADP issue-802 48 14 “ " PUNCT issue-802 48 15 loan loan NOUN issue-802 48 16 ” " PUNCT issue-802 48 17 ( ( PUNCT issue-802 48 18 table table NOUN issue-802 48 19 1 1 NUM issue-802 48 20 ) ) PUNCT issue-802 48 21 . . PUNCT issue-802 49 1 commercial commercial ADJ issue-802 49 2 banking banking NOUN issue-802 49 3 includes include VERB issue-802 49 4 the the DET issue-802 49 5 loan loan NOUN issue-802 49 6 and and CCONJ issue-802 49 7 investment investment NOUN issue-802 49 8 operations operation NOUN issue-802 49 9 that that PRON issue-802 49 10 allow allow VERB issue-802 49 11 credit credit NOUN issue-802 49 12 institutions institution NOUN issue-802 49 13 to to PART issue-802 49 14 profit profit VERB issue-802 49 15 from from ADP issue-802 49 16 the the DET issue-802 49 17 circulation circulation NOUN issue-802 49 18 of of ADP issue-802 49 19 their their PRON issue-802 49 20 resources resource NOUN issue-802 49 21 . . PUNCT issue-802 50 1 such such ADJ issue-802 50 2 transactions transaction NOUN issue-802 50 3 are be AUX issue-802 50 4 the the DET issue-802 50 5 most most ADV issue-802 50 6 profitable profitable ADJ issue-802 50 7 in in ADP issue-802 50 8 the the DET issue-802 50 9 banking banking NOUN issue-802 50 10 business business NOUN issue-802 50 11 and and CCONJ issue-802 50 12 occupy occupy VERB issue-802 50 13 a a DET issue-802 50 14 fairly fairly ADV issue-802 50 15 large large ADJ issue-802 50 16 share share NOUN issue-802 50 17 in in ADP issue-802 50 18 the the DET issue-802 50 19 assets asset NOUN issue-802 50 20 of of ADP issue-802 50 21 a a DET issue-802 50 22 commercial commercial ADJ issue-802 50 23 bank bank NOUN issue-802 50 24 . . PUNCT issue-802 51 1 unlike unlike ADP issue-802 51 2 a a DET issue-802 51 3 loan loan NOUN issue-802 51 4 that that PRON issue-802 51 5 is be AUX issue-802 51 6 provided provide VERB issue-802 51 7 for for ADP issue-802 51 8 a a DET issue-802 51 9 relatively relatively ADV issue-802 51 10 short short ADJ issue-802 51 11 period period NOUN issue-802 51 12 of of ADP issue-802 51 13 time time NOUN issue-802 51 14 with with ADP issue-802 51 15 a a DET issue-802 51 16 condition condition NOUN issue-802 51 17 of of ADP issue-802 51 18 repayment repayment NOUN issue-802 51 19 in in ADP issue-802 51 20 excess excess NOUN issue-802 51 21 of of ADP issue-802 51 22 the the DET issue-802 51 23 original original ADJ issue-802 51 24 one one NUM issue-802 51 25 by by ADP issue-802 51 26 a a DET issue-802 51 27 loan loan NOUN issue-802 51 28 , , PUNCT issue-802 51 29 investing investing NOUN issue-802 51 30 is be AUX issue-802 51 31 , , PUNCT issue-802 51 32 as as SCONJ issue-802 51 33 already already ADV issue-802 51 34 noted note VERB issue-802 51 35 , , PUNCT issue-802 51 36 the the DET issue-802 51 37 use use NOUN issue-802 51 38 of of ADP issue-802 51 39 money money NOUN issue-802 51 40 for for ADP issue-802 51 41 a a DET issue-802 51 42 long long ADJ issue-802 51 43 period period NOUN issue-802 51 44 of of ADP issue-802 51 45 time time NOUN issue-802 51 46 . . PUNCT issue-802 52 1 as as ADP issue-802 52 2 an an DET issue-802 52 3 investor investor NOUN issue-802 52 4 , , PUNCT issue-802 52 5 the the DET issue-802 52 6 bank bank NOUN issue-802 52 7 decides decide VERB issue-802 52 8 on on ADP issue-802 52 9 its its PRON issue-802 52 10 own own ADJ issue-802 52 11 investing investing NOUN issue-802 52 12 in in ADP issue-802 52 13 securities security NOUN issue-802 52 14 for for ADP issue-802 52 15 profit profit NOUN issue-802 52 16 . . PUNCT issue-802 53 1 with with ADP issue-802 53 2 the the DET issue-802 53 3 development development NOUN issue-802 53 4 of of ADP issue-802 53 5 the the DET issue-802 53 6 securities security NOUN issue-802 53 7 market market NOUN issue-802 53 8 , , PUNCT issue-802 53 9 the the DET issue-802 53 10 share share NOUN issue-802 53 11 of of ADP issue-802 53 12 investments investment NOUN issue-802 53 13 increases increase NOUN issue-802 53 14 . . PUNCT issue-802 54 1 one one NUM issue-802 54 2 of of ADP issue-802 54 3 the the DET issue-802 54 4 main main ADJ issue-802 54 5 tasks task NOUN issue-802 54 6 of of ADP issue-802 54 7 banks bank NOUN issue-802 54 8 is be AUX issue-802 54 9 the the DET issue-802 54 10 need need NOUN issue-802 54 11 to to PART issue-802 54 12 maintain maintain VERB issue-802 54 13 the the DET issue-802 54 14 optimal optimal ADJ issue-802 54 15 structure structure NOUN issue-802 54 16 of of ADP issue-802 54 17 their their PRON issue-802 54 18 assets asset NOUN issue-802 54 19 , , PUNCT issue-802 54 20 taking take VERB issue-802 54 21 into into ADP issue-802 54 22 account account NOUN issue-802 54 23 the the DET issue-802 54 24 economic economic ADJ issue-802 54 25 situation situation NOUN issue-802 54 26 . . PUNCT issue-802 55 1 banks bank NOUN issue-802 55 2 must must AUX issue-802 55 3 respond respond VERB issue-802 55 4 to to ADP issue-802 55 5 the the DET issue-802 55 6 economic economic ADJ issue-802 55 7 and and CCONJ issue-802 55 8 political political ADJ issue-802 55 9 relations relation NOUN issue-802 55 10 both both CCONJ issue-802 55 11 within within ADP issue-802 55 12 and and CCONJ issue-802 55 13 outside outside ADP issue-802 55 14 the the DET issue-802 55 15 country country NOUN issue-802 55 16 . . PUNCT issue-802 56 1 in in ADP issue-802 56 2 a a DET issue-802 56 3 conditions condition NOUN issue-802 56 4 of of ADP issue-802 56 5 crisis crisis NOUN issue-802 56 6 , , PUNCT issue-802 56 7 long long ADJ issue-802 56 8 - - PUNCT issue-802 56 9 term term NOUN issue-802 56 10 investments investment NOUN issue-802 56 11 and and CCONJ issue-802 56 12 credit credit NOUN issue-802 56 13 terms term NOUN issue-802 56 14 are be AUX issue-802 56 15 reduced reduce VERB issue-802 56 16 . . PUNCT issue-802 57 1 the the DET issue-802 57 2 banking banking NOUN issue-802 57 3 system system NOUN issue-802 57 4 in in ADP issue-802 57 5 the the DET issue-802 57 6 conditions condition NOUN issue-802 57 7 of of ADP issue-802 57 8 state state NOUN issue-802 57 9 stability stability NOUN issue-802 57 10 , , PUNCT issue-802 57 11 ie ie X issue-802 57 12 risk risk NOUN issue-802 57 13 minimization minimization NOUN issue-802 57 14 , , PUNCT issue-802 57 15 intensifies intensify VERB issue-802 57 16 its its PRON issue-802 57 17 activity activity NOUN issue-802 57 18 by by ADP issue-802 57 19 regularly regularly ADV issue-802 57 20 earning earn VERB issue-802 57 21 the the DET issue-802 57 22 interest interest NOUN issue-802 57 23 income income NOUN issue-802 57 24 . . PUNCT issue-802 58 1 the the DET issue-802 58 2 main main ADJ issue-802 58 3 function function NOUN issue-802 58 4 of of ADP issue-802 58 5 banks bank NOUN issue-802 58 6 is be AUX issue-802 58 7 the the DET issue-802 58 8 financial financial ADJ issue-802 58 9 services service NOUN issue-802 58 10 to to PART issue-802 58 11 provide provide VERB issue-802 58 12 loans loan NOUN issue-802 58 13 , , PUNCT issue-802 58 14 first first ADJ issue-802 58 15 and and CCONJ issue-802 58 16 foremost foremost ADV issue-802 58 17 long long ADJ issue-802 58 18 - - PUNCT issue-802 58 19 term term NOUN issue-802 58 20 . . PUNCT issue-802 59 1 borrowings borrowing NOUN issue-802 59 2 are be AUX issue-802 59 3 used use VERB issue-802 59 4 by by ADP issue-802 59 5 borrowers borrower NOUN issue-802 59 6 for for ADP issue-802 59 7 consumer consumer NOUN issue-802 59 8 and and CCONJ issue-802 59 9 investment investment NOUN issue-802 59 10 purposes purpose NOUN issue-802 59 11 . . PUNCT issue-802 60 1 at at ADP issue-802 60 2 the the DET issue-802 60 3 regional regional ADJ issue-802 60 4 level level NOUN issue-802 60 5 , , PUNCT issue-802 60 6 investments investment NOUN issue-802 60 7 make make VERB issue-802 60 8 it it PRON issue-802 60 9 possible possible ADJ issue-802 60 10 to to PART issue-802 60 11 create create VERB issue-802 60 12 jobs job NOUN issue-802 60 13 and and CCONJ issue-802 60 14 provide provide VERB issue-802 60 15 a a DET issue-802 60 16 working work VERB issue-802 60 17 population population NOUN issue-802 60 18 with with ADP issue-802 60 19 employment employment NOUN issue-802 60 20 , , PUNCT issue-802 60 21 expanding expand VERB issue-802 60 22 the the DET issue-802 60 23 potential potential NOUN issue-802 60 24 of of ADP issue-802 60 25 enterprise enterprise NOUN issue-802 60 26 investment investment NOUN issue-802 60 27 resources resource NOUN issue-802 60 28 in in ADP issue-802 60 29 the the DET issue-802 60 30 future future NOUN issue-802 60 31 . . PUNCT issue-802 61 1 the the DET issue-802 61 2 loan loan NOUN issue-802 61 3 facilitates facilitate VERB issue-802 61 4 the the DET issue-802 61 5 concentration concentration NOUN issue-802 61 6 and and CCONJ issue-802 61 7 efficient efficient ADJ issue-802 61 8 use use NOUN issue-802 61 9 of of ADP issue-802 61 10 both both CCONJ issue-802 61 11 cash cash NOUN issue-802 61 12 and and CCONJ issue-802 61 13 material material NOUN issue-802 61 14 resources resource NOUN issue-802 61 15 available available ADJ issue-802 61 16 to to ADP issue-802 61 17 enterprises enterprise NOUN issue-802 61 18 . . PUNCT issue-802 62 1 loan loan NOUN issue-802 62 2 , , PUNCT issue-802 62 3 credit credit NOUN issue-802 62 4 are be AUX issue-802 62 5 the the DET issue-802 62 6 most most ADV issue-802 62 7 risky risky ADJ issue-802 62 8 banking banking NOUN issue-802 62 9 transactions transaction NOUN issue-802 62 10 as as SCONJ issue-802 62 11 they they PRON issue-802 62 12 tend tend VERB issue-802 62 13 to to PART issue-802 62 14 default default VERB issue-802 62 15 . . PUNCT issue-802 63 1 one one NUM issue-802 63 2 of of ADP issue-802 63 3 the the DET issue-802 63 4 negative negative ADJ issue-802 63 5 factors factor NOUN issue-802 63 6 that that PRON issue-802 63 7 raised raise VERB issue-802 63 8 the the DET issue-802 63 9 desire desire NOUN issue-802 63 10 to to PART issue-802 63 11 not not PART issue-802 63 12 repay repay VERB issue-802 63 13 was be AUX issue-802 63 14 the the DET issue-802 63 15 existence existence NOUN issue-802 63 16 of of ADP issue-802 63 17 a a DET issue-802 63 18 planned plan VERB issue-802 63 19 economy economy NOUN issue-802 63 20 . . PUNCT issue-802 64 1 in in ADP issue-802 64 2 times time NOUN issue-802 64 3 of of ADP issue-802 64 4 planned planned ADJ issue-802 64 5 economy economy NOUN issue-802 64 6 debt debt NOUN issue-802 64 7 was be AUX issue-802 64 8 often often ADV issue-802 64 9 written write VERB issue-802 64 10 off off ADP issue-802 64 11 , , PUNCT issue-802 64 12 there there PRON issue-802 64 13 was be VERB issue-802 64 14 no no DET issue-802 64 15 clear clear ADJ issue-802 64 16 control control NOUN issue-802 64 17 by by ADP issue-802 64 18 the the DET issue-802 64 19 government government NOUN issue-802 64 20 over over ADP issue-802 64 21 credit credit NOUN issue-802 64 22 relations relation NOUN issue-802 64 23 . . PUNCT issue-802 65 1 this this DET issue-802 65 2 situation situation NOUN issue-802 65 3 negatively negatively ADV issue-802 65 4 affected affect VERB issue-802 65 5 the the DET issue-802 65 6 reproduction reproduction NOUN issue-802 65 7 process process NOUN issue-802 65 8 in in ADP issue-802 65 9 many many ADJ issue-802 65 10 . . PUNCT issue-802 66 1 economic economic ADJ issue-802 66 2 development development NOUN issue-802 66 3 , , PUNCT issue-802 66 4 especially especially ADV issue-802 66 5 in in ADP issue-802 66 6 agriculture agriculture NOUN issue-802 66 7 . . PUNCT issue-802 67 1 table table NOUN issue-802 67 2 1 1 NUM issue-802 67 3 characteristics characteristic NOUN issue-802 67 4 of of ADP issue-802 67 5 features feature NOUN issue-802 67 6 of of ADP issue-802 67 7 bank bank NOUN issue-802 67 8 investments investment NOUN issue-802 67 9 and and CCONJ issue-802 67 10 loans loan NOUN issue-802 67 11 features feature VERB issue-802 67 12 investmnets investmnet NOUN issue-802 67 13 loans loan NOUN issue-802 67 14 by by ADP issue-802 67 15 terms term NOUN issue-802 67 16 of of ADP issue-802 67 17 use use VERB issue-802 67 18 short short ADJ issue-802 67 19 term term NOUN issue-802 67 20 long long ADJ issue-802 67 21 - - PUNCT issue-802 67 22 term term NOUN issue-802 67 23 short short ADJ issue-802 67 24 - - PUNCT issue-802 67 25 term term NOUN issue-802 67 26 ones one NOUN issue-802 67 27 predominate predominate VERB issue-802 67 28 bank bank NOUN issue-802 67 29 as as ADP issue-802 67 30 an an DET issue-802 67 31 investor investor NOUN issue-802 67 32 one one NUM issue-802 67 33 of of ADP issue-802 67 34 many many ADJ issue-802 67 35 investors investor NOUN issue-802 67 36 one one NUM issue-802 67 37 of of ADP issue-802 67 38 some some DET issue-802 67 39 lenders lender NOUN issue-802 67 40 initiator initiator NOUN issue-802 67 41 of of ADP issue-802 67 42 lending lending NOUN issue-802 67 43 bank bank NOUN issue-802 67 44 the the DET issue-802 67 45 borrower borrower NOUN issue-802 67 46 the the DET issue-802 67 47 purpose purpose NOUN issue-802 67 48 of of ADP issue-802 67 49 investment investment NOUN issue-802 67 50 profit profit NOUN issue-802 67 51 repayment repayment NOUN issue-802 67 52 of of ADP issue-802 67 53 loan loan NOUN issue-802 67 54 interest interest NOUN issue-802 67 55 baltic baltic PROPN issue-802 67 56 journal journal PROPN issue-802 67 57 of of ADP issue-802 67 58 economic economic ADJ issue-802 67 59 studies study NOUN issue-802 67 60 110 110 NUM issue-802 67 61 vol vol NOUN issue-802 67 62 . . PROPN issue-802 68 1 6 6 NUM issue-802 68 2 , , PUNCT issue-802 68 3 no no INTJ issue-802 68 4 . . NOUN issue-802 68 5 2 2 NUM issue-802 68 6 , , PUNCT issue-802 68 7 2020 2020 NUM issue-802 69 1 the the DET issue-802 69 2 development development NOUN issue-802 69 3 of of ADP issue-802 69 4 a a DET issue-802 69 5 market market NOUN issue-802 69 6 economy economy NOUN issue-802 69 7 involves involve VERB issue-802 69 8 the the DET issue-802 69 9 widespread widespread ADJ issue-802 69 10 use use NOUN issue-802 69 11 of of ADP issue-802 69 12 bank bank NOUN issue-802 69 13 loans loan NOUN issue-802 69 14 in in ADP issue-802 69 15 all all DET issue-802 69 16 sectors sector NOUN issue-802 69 17 of of ADP issue-802 69 18 economy economy NOUN issue-802 69 19 on on ADP issue-802 69 20 the the DET issue-802 69 21 basis basis NOUN issue-802 69 22 of of ADP issue-802 69 23 the the DET issue-802 69 24 high high ADJ issue-802 69 25 probability probability NOUN issue-802 69 26 of of ADP issue-802 69 27 their their PRON issue-802 69 28 repayment repayment NOUN issue-802 69 29 i. i. NOUN issue-802 69 30 credit credit NOUN issue-802 69 31 ceases cease VERB issue-802 69 32 to to PART issue-802 69 33 be be AUX issue-802 69 34 a a DET issue-802 69 35 loan loan NOUN issue-802 69 36 if if SCONJ issue-802 69 37 it it PRON issue-802 69 38 does do AUX issue-802 69 39 not not PART issue-802 69 40 return return VERB issue-802 69 41 . . PUNCT issue-802 70 1 investor investor NOUN issue-802 70 2 banks bank NOUN issue-802 70 3 should should AUX issue-802 70 4 provide provide VERB issue-802 70 5 savings saving NOUN issue-802 70 6 based base VERB issue-802 70 7 on on ADP issue-802 70 8 the the DET issue-802 70 9 choice choice NOUN issue-802 70 10 of of ADP issue-802 70 11 : : PUNCT issue-802 70 12 security security NOUN issue-802 70 13 of of ADP issue-802 70 14 investments investment NOUN issue-802 70 15 , , PUNCT issue-802 70 16 profitability profitability NOUN issue-802 70 17 of of ADP issue-802 70 18 bank bank NOUN issue-802 70 19 investments investment NOUN issue-802 70 20 , , PUNCT issue-802 70 21 their their PRON issue-802 70 22 liquidity liquidity NOUN issue-802 70 23 and and CCONJ issue-802 70 24 growth growth NOUN issue-802 70 25 . . PUNCT issue-802 71 1 there there PRON issue-802 71 2 is be VERB issue-802 71 3 the the DET issue-802 71 4 scheme scheme NOUN issue-802 71 5 of of ADP issue-802 71 6 the the DET issue-802 71 7 investment investment NOUN issue-802 71 8 operations operation NOUN issue-802 71 9 of of ADP issue-802 71 10 the the DET issue-802 71 11 bank bank NOUN issue-802 71 12 at at ADP issue-802 71 13 the the DET issue-802 71 14 figure figure NOUN issue-802 71 15 1 1 NUM issue-802 71 16 ( ( PUNCT issue-802 71 17 gukevych gukevych NOUN issue-802 71 18 , , PUNCT issue-802 71 19 2011 2011 NUM issue-802 71 20 ) ) PUNCT issue-802 71 21 . . PUNCT issue-802 72 1 a a DET issue-802 72 2 bank bank NOUN issue-802 72 3 's 's PART issue-802 72 4 investment investment NOUN issue-802 72 5 operations operation NOUN issue-802 72 6 are be AUX issue-802 72 7 a a DET issue-802 72 8 complex complex ADJ issue-802 72 9 process process NOUN issue-802 72 10 that that PRON issue-802 72 11 involves involve VERB issue-802 72 12 a a DET issue-802 72 13 complete complete ADJ issue-802 72 14 set set NOUN issue-802 72 15 of of ADP issue-802 72 16 bank bank NOUN issue-802 72 17 investment investment NOUN issue-802 72 18 instruments instrument NOUN issue-802 72 19 . . PUNCT issue-802 73 1 each each DET issue-802 73 2 financial financial ADJ issue-802 73 3 instrument instrument NOUN issue-802 73 4 has have VERB issue-802 73 5 different different ADJ issue-802 73 6 characteristics characteristic NOUN issue-802 73 7 in in ADP issue-802 73 8 terms term NOUN issue-802 73 9 of of ADP issue-802 73 10 risk risk NOUN issue-802 73 11 , , PUNCT issue-802 73 12 sensitivity sensitivity NOUN issue-802 73 13 to to ADP issue-802 73 14 inflation inflation NOUN issue-802 73 15 , , PUNCT issue-802 73 16 and and CCONJ issue-802 73 17 changes change NOUN issue-802 73 18 in in ADP issue-802 73 19 government government NOUN issue-802 73 20 policy policy NOUN issue-802 73 21 and and CCONJ issue-802 73 22 economic economic ADJ issue-802 73 23 conditions condition NOUN issue-802 73 24 . . PUNCT issue-802 74 1 the the DET issue-802 74 2 number number NOUN issue-802 74 3 of of ADP issue-802 74 4 financial financial ADJ issue-802 74 5 instruments instrument NOUN issue-802 74 6 of of ADP issue-802 74 7 the the DET issue-802 74 8 bank bank NOUN issue-802 74 9 's 's PART issue-802 74 10 investment investment NOUN issue-802 74 11 portfolio portfolio NOUN issue-802 74 12 is be AUX issue-802 74 13 large large ADJ issue-802 74 14 enough enough ADV issue-802 74 15 . . PUNCT issue-802 75 1 it it PRON issue-802 75 2 is be AUX issue-802 75 3 a a DET issue-802 75 4 collection collection NOUN issue-802 75 5 of of ADP issue-802 75 6 securities security NOUN issue-802 75 7 acquired acquire VERB issue-802 75 8 by by ADP issue-802 75 9 a a DET issue-802 75 10 bank bank NOUN issue-802 75 11 in in ADP issue-802 75 12 the the DET issue-802 75 13 course course NOUN issue-802 75 14 of of ADP issue-802 75 15 active active ADJ issue-802 75 16 transactions transaction NOUN issue-802 75 17 , , PUNCT issue-802 75 18 stocks stock NOUN issue-802 75 19 , , PUNCT issue-802 75 20 bonds bond NOUN issue-802 75 21 , , PUNCT issue-802 75 22 promissory promissory NOUN issue-802 75 23 notes note NOUN issue-802 75 24 and and CCONJ issue-802 75 25 so so ADV issue-802 75 26 on on ADV issue-802 75 27 . . PUNCT issue-802 76 1 in in ADP issue-802 76 2 analyzing analyze VERB issue-802 76 3 the the DET issue-802 76 4 bank bank NOUN issue-802 76 5 's 's PART issue-802 76 6 investment investment NOUN issue-802 76 7 instruments instrument NOUN issue-802 76 8 , , PUNCT issue-802 76 9 they they PRON issue-802 76 10 consider consider VERB issue-802 76 11 , , PUNCT issue-802 76 12 first first ADV issue-802 76 13 of of ADP issue-802 76 14 all all PRON issue-802 76 15 , , PUNCT issue-802 76 16 money money NOUN issue-802 76 17 market market NOUN issue-802 76 18 instruments instrument NOUN issue-802 76 19 with with ADP issue-802 76 20 a a DET issue-802 76 21 maturity maturity NOUN issue-802 76 22 of of ADP issue-802 76 23 up up ADP issue-802 76 24 to to PART issue-802 76 25 one one NUM issue-802 76 26 year year NOUN issue-802 76 27 , , PUNCT issue-802 76 28 low low ADJ issue-802 76 29 risk risk NOUN issue-802 76 30 and and CCONJ issue-802 76 31 high high ADJ issue-802 76 32 level level NOUN issue-802 76 33 of of ADP issue-802 76 34 liquidity liquidity NOUN issue-802 76 35 and and CCONJ issue-802 76 36 then then ADV issue-802 76 37 – – PUNCT issue-802 76 38 capital capital NOUN issue-802 76 39 market market NOUN issue-802 76 40 instruments instrument NOUN issue-802 76 41 long long ADJ issue-802 76 42 - - PUNCT issue-802 76 43 term term NOUN issue-802 76 44 and and CCONJ issue-802 76 45 high high ADJ issue-802 76 46 - - PUNCT issue-802 76 47 yield yield NOUN issue-802 76 48 . . PUNCT issue-802 77 1 securities security NOUN issue-802 77 2 can can AUX issue-802 77 3 be be AUX issue-802 77 4 the the DET issue-802 77 5 object object NOUN issue-802 77 6 of of ADP issue-802 77 7 a a DET issue-802 77 8 bank bank NOUN issue-802 77 9 investment investment NOUN issue-802 77 10 if if SCONJ issue-802 77 11 they they PRON issue-802 77 12 are be AUX issue-802 77 13 traded trade VERB issue-802 77 14 on on ADP issue-802 77 15 the the DET issue-802 77 16 securities security NOUN issue-802 77 17 market market NOUN issue-802 77 18 and and CCONJ issue-802 77 19 serve serve VERB issue-802 77 20 debt debt NOUN issue-802 77 21 . . PUNCT issue-802 78 1 the the DET issue-802 78 2 law law NOUN issue-802 78 3 of of ADP issue-802 78 4 ukraine ukraine NOUN issue-802 78 5 " " PUNCT issue-802 78 6 on on ADP issue-802 78 7 securities security NOUN issue-802 78 8 and and CCONJ issue-802 78 9 stock stock PROPN issue-802 78 10 exchange exchange PROPN issue-802 78 11 " " PUNCT issue-802 78 12 stipulates stipulate VERB issue-802 78 13 that that SCONJ issue-802 78 14 the the DET issue-802 78 15 main main ADJ issue-802 78 16 securities security NOUN issue-802 78 17 are be AUX issue-802 78 18 stocks stock NOUN issue-802 78 19 and and CCONJ issue-802 78 20 bonds bond NOUN issue-802 78 21 , , PUNCT issue-802 78 22 others other NOUN issue-802 78 23 – – PUNCT issue-802 78 24 derived derive VERB issue-802 78 25 from from ADP issue-802 78 26 them they PRON issue-802 78 27 . . PUNCT issue-802 79 1 commercial commercial ADJ issue-802 79 2 banks bank NOUN issue-802 79 3 may may AUX issue-802 79 4 perform perform VERB issue-802 79 5 securities security NOUN issue-802 79 6 brokering brokering NOUN issue-802 79 7 . . PUNCT issue-802 80 1 the the DET issue-802 80 2 bank bank NOUN issue-802 80 3 's 's PART issue-802 80 4 participation participation NOUN issue-802 80 5 in in ADP issue-802 80 6 the the DET issue-802 80 7 capital capital NOUN issue-802 80 8 of of ADP issue-802 80 9 a a DET issue-802 80 10 joint joint ADJ issue-802 80 11 stock stock NOUN issue-802 80 12 company company NOUN issue-802 80 13 makes make VERB issue-802 80 14 it it PRON issue-802 80 15 a a DET issue-802 80 16 co co NOUN issue-802 80 17 - - NOUN issue-802 80 18 owner owner NOUN issue-802 80 19 of of ADP issue-802 80 20 the the DET issue-802 80 21 company company NOUN issue-802 80 22 . . PUNCT issue-802 81 1 the the DET issue-802 81 2 bank bank NOUN issue-802 81 3 may may AUX issue-802 81 4 purchase purchase VERB issue-802 81 5 shares share NOUN issue-802 81 6 of of ADP issue-802 81 7 commodity commodity NOUN issue-802 81 8 and and CCONJ issue-802 81 9 stock stock NOUN issue-802 81 10 exchanges exchange NOUN issue-802 81 11 created create VERB issue-802 81 12 in in ADP issue-802 81 13 the the DET issue-802 81 14 form form NOUN issue-802 81 15 of of ADP issue-802 81 16 a a DET issue-802 81 17 joint joint ADJ issue-802 81 18 stock stock NOUN issue-802 81 19 company company NOUN issue-802 81 20 . . PUNCT issue-802 82 1 banks bank NOUN issue-802 82 2 are be AUX issue-802 82 3 the the DET issue-802 82 4 founders founder NOUN issue-802 82 5 of of ADP issue-802 82 6 an an DET issue-802 82 7 insurance insurance NOUN issue-802 82 8 joint joint ADJ issue-802 82 9 - - PUNCT issue-802 82 10 stock stock NOUN issue-802 82 11 company company NOUN issue-802 82 12 that that PRON issue-802 82 13 conducts conduct VERB issue-802 82 14 insurance insurance NOUN issue-802 82 15 for for ADP issue-802 82 16 the the DET issue-802 82 17 activities activity NOUN issue-802 82 18 of of ADP issue-802 82 19 clients client NOUN issue-802 82 20 of of ADP issue-802 82 21 these these DET issue-802 82 22 banks bank NOUN issue-802 82 23 , , PUNCT issue-802 82 24 thereby thereby ADV issue-802 82 25 enhancing enhance VERB issue-802 82 26 the the DET issue-802 82 27 loan loan NOUN issue-802 82 28 repayment repayment NOUN issue-802 82 29 guarantee guarantee NOUN issue-802 82 30 . . PUNCT issue-802 83 1 banks bank NOUN issue-802 83 2 have have VERB issue-802 83 3 the the DET issue-802 83 4 right right NOUN issue-802 83 5 to to PART issue-802 83 6 set set VERB issue-802 83 7 up up ADP issue-802 83 8 subsidiaries subsidiary NOUN issue-802 83 9 and and CCONJ issue-802 83 10 to to PART issue-802 83 11 transfer transfer VERB issue-802 83 12 to to ADP issue-802 83 13 them they PRON issue-802 83 14 part part NOUN issue-802 83 15 of of ADP issue-802 83 16 the the DET issue-802 83 17 functions function NOUN issue-802 83 18 of of ADP issue-802 83 19 banks bank NOUN issue-802 83 20 . . PUNCT issue-802 84 1 for for ADP issue-802 84 2 example example NOUN issue-802 84 3 , , PUNCT issue-802 84 4 some some DET issue-802 84 5 banks bank NOUN issue-802 84 6 outsource outsource VERB issue-802 84 7 their their PRON issue-802 84 8 equipment equipment NOUN issue-802 84 9 leasing leasing NOUN issue-802 84 10 operations operation NOUN issue-802 84 11 to to ADP issue-802 84 12 subsidiaries subsidiary NOUN issue-802 84 13 . . PUNCT issue-802 85 1 a a DET issue-802 85 2 bond bond NOUN issue-802 85 3 is be AUX issue-802 85 4 a a DET issue-802 85 5 type type NOUN issue-802 85 6 of of ADP issue-802 85 7 fixed fix VERB issue-802 85 8 income income NOUN issue-802 85 9 securities security NOUN issue-802 85 10 issued issue VERB issue-802 85 11 by by ADP issue-802 85 12 an an DET issue-802 85 13 enterprise enterprise NOUN issue-802 85 14 or or CCONJ issue-802 85 15 a a DET issue-802 85 16 state state NOUN issue-802 85 17 , , PUNCT issue-802 85 18 joint joint ADJ issue-802 85 19 stock stock NOUN issue-802 85 20 companies company NOUN issue-802 85 21 , , PUNCT issue-802 85 22 funds fund NOUN issue-802 85 23 , , PUNCT issue-802 85 24 as as ADP issue-802 85 25 a a DET issue-802 85 26 debt debt NOUN issue-802 85 27 , , PUNCT issue-802 85 28 under under ADP issue-802 85 29 which which PRON issue-802 85 30 the the DET issue-802 85 31 issuer issuer NOUN issue-802 85 32 undertakes undertake VERB issue-802 85 33 to to PART issue-802 85 34 pay pay VERB issue-802 85 35 the the DET issue-802 85 36 holder holder NOUN issue-802 85 37 a a DET issue-802 85 38 fixed fix VERB issue-802 85 39 amount amount NOUN issue-802 85 40 of of ADP issue-802 85 41 money money NOUN issue-802 85 42 within within ADP issue-802 85 43 a a DET issue-802 85 44 specified specified ADJ issue-802 85 45 period period NOUN issue-802 85 46 . . PUNCT issue-802 86 1 bond bond NOUN issue-802 86 2 investments investment NOUN issue-802 86 3 are be AUX issue-802 86 4 considered consider VERB issue-802 86 5 less less ADV issue-802 86 6 risky risky ADJ issue-802 86 7 than than ADP issue-802 86 8 equity equity NOUN issue-802 86 9 investments investment NOUN issue-802 86 10 . . PUNCT issue-802 87 1 at at ADP issue-802 87 2 the the DET issue-802 87 3 world world NOUN issue-802 87 4 stock stock NOUN issue-802 87 5 market market NOUN issue-802 87 6 the the DET issue-802 87 7 developed develop VERB issue-802 87 8 - - PUNCT issue-802 87 9 country country NOUN issue-802 87 10 sovereign sovereign ADJ issue-802 87 11 debts debt NOUN issue-802 87 12 are be AUX issue-802 87 13 the the DET issue-802 87 14 most most ADV issue-802 87 15 reliable reliable ADJ issue-802 87 16 . . PUNCT issue-802 88 1 unfortunately unfortunately ADV issue-802 88 2 , , PUNCT issue-802 88 3 at at ADP issue-802 88 4 this this DET issue-802 88 5 time time NOUN issue-802 88 6 in in ADP issue-802 88 7 ukraine ukraine NOUN issue-802 88 8 , , PUNCT issue-802 88 9 due due ADP issue-802 88 10 to to ADP issue-802 88 11 economic economic ADJ issue-802 88 12 instability instability NOUN issue-802 88 13 and and CCONJ issue-802 88 14 the the DET issue-802 88 15 state state NOUN issue-802 88 16 budget budget NOUN issue-802 88 17 deficit deficit NOUN issue-802 88 18 , , PUNCT issue-802 88 19 the the DET issue-802 88 20 liquidity liquidity NOUN issue-802 88 21 of of ADP issue-802 88 22 government government NOUN issue-802 88 23 loans loan NOUN issue-802 88 24 is be AUX issue-802 88 25 not not PART issue-802 88 26 fully fully ADV issue-802 88 27 guaranteed guarantee VERB issue-802 88 28 . . PUNCT issue-802 89 1 the the DET issue-802 89 2 resolution resolution NOUN issue-802 89 3 of of ADP issue-802 89 4 the the DET issue-802 89 5 verkhovna verkhovna NOUN issue-802 89 6 rada rada PROPN issue-802 89 7 of of ADP issue-802 89 8 17.06.92 17.06.92 NUM issue-802 89 9 “ " PUNCT issue-802 89 10 on on ADP issue-802 89 11 the the DET issue-802 89 12 application application NOUN issue-802 89 13 of of ADP issue-802 89 14 promissory promissory NOUN issue-802 89 15 notes note NOUN issue-802 89 16 3 3 NUM issue-802 89 17 to to ADP issue-802 89 18 the the DET issue-802 89 19 economic economic ADJ issue-802 89 20 turnover turnover NOUN issue-802 89 21 of of ADP issue-802 89 22 ukraine ukraine NOUN issue-802 89 23 ” " PUNCT issue-802 89 24 introduced introduce VERB issue-802 89 25 a a DET issue-802 89 26 promissory promissory NOUN issue-802 89 27 note note NOUN issue-802 89 28 . . PUNCT issue-802 90 1 further further ADJ issue-802 90 2 development development NOUN issue-802 90 3 of of ADP issue-802 90 4 the the DET issue-802 90 5 application application NOUN issue-802 90 6 of of ADP issue-802 90 7 bills bill NOUN issue-802 90 8 was be AUX issue-802 90 9 acquired acquire VERB issue-802 90 10 with with ADP issue-802 90 11 the the DET issue-802 90 12 adoption adoption NOUN issue-802 90 13 of of ADP issue-802 90 14 the the DET issue-802 90 15 law law NOUN issue-802 90 16 of of ADP issue-802 90 17 ukraine ukraine NOUN issue-802 90 18 “ " PUNCT issue-802 90 19 on on ADP issue-802 90 20 bills bill NOUN issue-802 90 21 circulation circulation NOUN issue-802 90 22 in in ADP issue-802 90 23 ukraine ukraine NOUN issue-802 90 24 ” " PUNCT issue-802 90 25 . . PUNCT issue-802 91 1 bill bill PROPN issue-802 91 2 is be AUX issue-802 91 3 one one NUM issue-802 91 4 of of ADP issue-802 91 5 the the DET issue-802 91 6 types type NOUN issue-802 91 7 of of ADP issue-802 91 8 securities security NOUN issue-802 91 9 . . PUNCT issue-802 92 1 written write VERB issue-802 92 2 debt debt NOUN issue-802 92 3 of of ADP issue-802 92 4 a a DET issue-802 92 5 clearly clearly ADV issue-802 92 6 defined define VERB issue-802 92 7 form form NOUN issue-802 92 8 , , PUNCT issue-802 92 9 which which PRON issue-802 92 10 gives give VERB issue-802 92 11 its its PRON issue-802 92 12 holder holder NOUN issue-802 92 13 ( ( PUNCT issue-802 92 14 the the DET issue-802 92 15 bill bill NOUN issue-802 92 16 holder holder PROPN issue-802 92 17 ) ) PUNCT issue-802 92 18 the the DET issue-802 92 19 undisputed undisputed ADJ issue-802 92 20 right right NOUN issue-802 92 21 after after ADP issue-802 92 22 the the DET issue-802 92 23 expiration expiration NOUN issue-802 92 24 of of ADP issue-802 92 25 the the DET issue-802 92 26 term term NOUN issue-802 92 27 to to PART issue-802 92 28 demand demand VERB issue-802 92 29 from from ADP issue-802 92 30 the the DET issue-802 92 31 debtor debtor NOUN issue-802 92 32 the the DET issue-802 92 33 payment payment NOUN issue-802 92 34 of of ADP issue-802 92 35 the the DET issue-802 92 36 specified specify VERB issue-802 92 37 amount amount NOUN issue-802 92 38 of of ADP issue-802 92 39 money money NOUN issue-802 92 40 . . PUNCT issue-802 93 1 debt debt NOUN issue-802 93 2 – – PUNCT issue-802 93 3 a a DET issue-802 93 4 bill bill NOUN issue-802 93 5 p p NOUN issue-802 93 6 r r NOUN issue-802 93 7 o o X issue-802 94 1 f f X issue-802 94 2 i i PRON issue-802 94 3 t t PROPN issue-802 94 4 bonds bond VERB issue-802 94 5 stocks stocks PROPN issue-802 94 6 bank bank NOUN issue-802 94 7 's 's PART issue-802 94 8 investment investment NOUN issue-802 94 9 portfolio portfolio NOUN issue-802 94 10 b b PROPN issue-802 94 11 a a PRON issue-802 94 12 n n CCONJ issue-802 94 13 k k PROPN issue-802 94 14 investment investment NOUN issue-802 94 15 operations operation NOUN issue-802 94 16 banking banking NOUN issue-802 94 17 facilities facility NOUN issue-802 94 18 profitability profitability NOUN issue-802 94 19 liquidity liquidity NOUN issue-802 94 20 diversification diversification NOUN issue-802 94 21 securities security NOUN issue-802 94 22 figure figure VERB issue-802 94 23 1 1 NUM issue-802 94 24 . . PUNCT issue-802 94 25 scheme scheme NOUN issue-802 94 26 of of ADP issue-802 94 27 the the DET issue-802 94 28 investment investment NOUN issue-802 94 29 operations operation NOUN issue-802 94 30 of of ADP issue-802 94 31 the the DET issue-802 94 32 bank bank PROPN issue-802 94 33 baltic baltic PROPN issue-802 94 34 journal journal PROPN issue-802 94 35 of of ADP issue-802 94 36 economic economic ADJ issue-802 94 37 studies study NOUN issue-802 94 38 111 111 NUM issue-802 94 39 vol vol NOUN issue-802 94 40 . . PROPN issue-802 95 1 6 6 NUM issue-802 95 2 , , PUNCT issue-802 95 3 no no INTJ issue-802 95 4 . . NOUN issue-802 95 5 2 2 NUM issue-802 95 6 , , PUNCT issue-802 95 7 2020 2020 NUM issue-802 95 8 commercial commercial ADJ issue-802 95 9 banks bank NOUN issue-802 95 10 accept accept VERB issue-802 95 11 liquid liquid ADJ issue-802 95 12 bills bill NOUN issue-802 95 13 at at ADP issue-802 95 14 a a DET issue-802 95 15 discount discount NOUN issue-802 95 16 price price NOUN issue-802 95 17 of of ADP issue-802 95 18 discounted discount VERB issue-802 95 19 bills bill NOUN issue-802 95 20 . . PUNCT issue-802 96 1 the the DET issue-802 96 2 holder holder NOUN issue-802 96 3 of of ADP issue-802 96 4 the the DET issue-802 96 5 bill bill NOUN issue-802 96 6 , , PUNCT issue-802 96 7 in in ADP issue-802 96 8 turn turn NOUN issue-802 96 9 , , PUNCT issue-802 96 10 has have VERB issue-802 96 11 the the DET issue-802 96 12 opportunity opportunity NOUN issue-802 96 13 to to PART issue-802 96 14 defend defend VERB issue-802 96 15 his his PRON issue-802 96 16 rights right NOUN issue-802 96 17 . . PUNCT issue-802 97 1 this this PRON issue-802 97 2 is be AUX issue-802 97 3 facilitated facilitate VERB issue-802 97 4 by by ADP issue-802 97 5 normative normative ADJ issue-802 97 6 legislative legislative ADJ issue-802 97 7 acts act NOUN issue-802 97 8 , , PUNCT issue-802 97 9 including include VERB issue-802 97 10 the the DET issue-802 97 11 the the DET issue-802 97 12 bankruptcy bankruptcy NOUN issue-802 97 13 law law NOUN issue-802 97 14 of of ADP issue-802 97 15 ukraine ukraine NOUN issue-802 97 16 . . PUNCT issue-802 98 1 the the DET issue-802 98 2 investment investment NOUN issue-802 98 3 activity activity NOUN issue-802 98 4 of of ADP issue-802 98 5 a a DET issue-802 98 6 commercial commercial ADJ issue-802 98 7 bank bank NOUN issue-802 98 8 is be AUX issue-802 98 9 carried carry VERB issue-802 98 10 out out ADP issue-802 98 11 by by ADP issue-802 98 12 employees employee NOUN issue-802 98 13 of of ADP issue-802 98 14 the the DET issue-802 98 15 investment investment NOUN issue-802 98 16 department department NOUN issue-802 98 17 , , PUNCT issue-802 98 18 who who PRON issue-802 98 19 perform perform VERB issue-802 98 20 the the DET issue-802 98 21 functions function NOUN issue-802 98 22 of of ADP issue-802 98 23 analysis analysis NOUN issue-802 98 24 and and CCONJ issue-802 98 25 reporting report VERB issue-802 98 26 on on ADP issue-802 98 27 investment investment NOUN issue-802 98 28 activities activity NOUN issue-802 98 29 . . PUNCT issue-802 99 1 the the DET issue-802 99 2 ability ability NOUN issue-802 99 3 of of ADP issue-802 99 4 a a DET issue-802 99 5 bank bank NOUN issue-802 99 6 to to PART issue-802 99 7 make make VERB issue-802 99 8 investments investment NOUN issue-802 99 9 is be AUX issue-802 99 10 determined determine VERB issue-802 99 11 on on ADP issue-802 99 12 the the DET issue-802 99 13 basis basis NOUN issue-802 99 14 of of ADP issue-802 99 15 : : PUNCT issue-802 99 16 qualified qualified ADJ issue-802 99 17 supervision supervision NOUN issue-802 99 18 and and CCONJ issue-802 99 19 study study NOUN issue-802 99 20 of of ADP issue-802 99 21 the the DET issue-802 99 22 securities security NOUN issue-802 99 23 market market NOUN issue-802 99 24 , , PUNCT issue-802 99 25 taking take VERB issue-802 99 26 into into ADP issue-802 99 27 account account NOUN issue-802 99 28 the the DET issue-802 99 29 risk risk NOUN issue-802 99 30 of of ADP issue-802 99 31 the the DET issue-802 99 32 purchased purchase VERB issue-802 99 33 securities security NOUN issue-802 99 34 , , PUNCT issue-802 99 35 and and CCONJ issue-802 99 36 carrying carry VERB issue-802 99 37 out out ADP issue-802 99 38 an an DET issue-802 99 39 assessment assessment NOUN issue-802 99 40 of of ADP issue-802 99 41 the the DET issue-802 99 42 quality quality NOUN issue-802 99 43 of of ADP issue-802 99 44 these these DET issue-802 99 45 securities security NOUN issue-802 99 46 . . PUNCT issue-802 100 1 the the DET issue-802 100 2 bank bank NOUN issue-802 100 3 's 's PART issue-802 100 4 management management NOUN issue-802 100 5 should should AUX issue-802 100 6 take take VERB issue-802 100 7 into into ADP issue-802 100 8 account account NOUN issue-802 100 9 a a DET issue-802 100 10 number number NOUN issue-802 100 11 of of ADP issue-802 100 12 significant significant ADJ issue-802 100 13 factors factor NOUN issue-802 100 14 ( ( PUNCT issue-802 100 15 figure figure NOUN issue-802 100 16 2 2 NUM issue-802 100 17 ) ) PUNCT issue-802 100 18 . . PUNCT issue-802 101 1 that that PRON issue-802 101 2 determine determine VERB issue-802 101 3 a a DET issue-802 101 4 bank bank NOUN issue-802 101 5 's 's PART issue-802 101 6 investment investment NOUN issue-802 101 7 choices choice NOUN issue-802 101 8 include include VERB issue-802 101 9 : : PUNCT issue-802 101 10 expected expect VERB issue-802 101 11 rate rate NOUN issue-802 101 12 of of ADP issue-802 101 13 return return NOUN issue-802 101 14 ; ; PUNCT issue-802 101 15 tax tax NOUN issue-802 101 16 characteristics characteristic NOUN issue-802 101 17 ; ; PUNCT issue-802 101 18 mortgage mortgage NOUN issue-802 101 19 requirements requirement NOUN issue-802 101 20 ; ; PUNCT issue-802 101 21 risks risk NOUN issue-802 101 22 . . PUNCT issue-802 102 1 banking banking NOUN issue-802 102 2 investment investment NOUN issue-802 102 3 choice choice NOUN issue-802 102 4 is be AUX issue-802 102 5 influenced influence VERB issue-802 102 6 by by ADP issue-802 102 7 many many ADJ issue-802 102 8 factors factor NOUN issue-802 102 9 , , PUNCT issue-802 102 10 including include VERB issue-802 102 11 the the DET issue-802 102 12 risk risk NOUN issue-802 102 13 factor factor NOUN issue-802 102 14 . . PUNCT issue-802 103 1 consider consider VERB issue-802 103 2 the the DET issue-802 103 3 risk risk NOUN issue-802 103 4 factors factor NOUN issue-802 103 5 involved involve VERB issue-802 103 6 in in ADP issue-802 103 7 the the DET issue-802 103 8 likelihood likelihood NOUN issue-802 103 9 of of ADP issue-802 103 10 an an DET issue-802 103 11 event event NOUN issue-802 103 12 related relate VERB issue-802 103 13 to to ADP issue-802 103 14 potential potential ADJ issue-802 103 15 financial financial ADJ issue-802 103 16 costs cost NOUN issue-802 103 17 or or CCONJ issue-802 103 18 other other ADJ issue-802 103 19 negative negative ADJ issue-802 103 20 consequences consequence NOUN issue-802 103 21 . . PUNCT issue-802 104 1 these these PRON issue-802 104 2 are be AUX issue-802 104 3 : : PUNCT issue-802 104 4 – – PUNCT issue-802 104 5 credit credit NOUN issue-802 104 6 risk risk NOUN issue-802 104 7 associated associate VERB issue-802 104 8 with with ADP issue-802 104 9 securities security NOUN issue-802 104 10 and and CCONJ issue-802 104 11 caused cause VERB issue-802 104 12 by by ADP issue-802 104 13 the the DET issue-802 104 14 deterioration deterioration NOUN issue-802 104 15 of of ADP issue-802 104 16 the the DET issue-802 104 17 economic economic ADJ issue-802 104 18 position position NOUN issue-802 104 19 of of ADP issue-802 104 20 the the DET issue-802 104 21 issuers issuer NOUN issue-802 104 22 of of ADP issue-802 104 23 these these DET issue-802 104 24 securities security NOUN issue-802 104 25 that that PRON issue-802 104 26 can can AUX issue-802 104 27 not not PART issue-802 104 28 fully fully ADV issue-802 104 29 bear bear VERB issue-802 104 30 responsibility responsibility NOUN issue-802 104 31 for for ADP issue-802 104 32 their their PRON issue-802 104 33 financial financial ADJ issue-802 104 34 obligations obligation NOUN issue-802 104 35 . . PUNCT issue-802 105 1 – – PUNCT issue-802 105 2 market market NOUN issue-802 105 3 risk risk NOUN issue-802 105 4 is be AUX issue-802 105 5 possible possible ADJ issue-802 105 6 due due ADP issue-802 105 7 to to ADP issue-802 105 8 unforeseen unforeseen ADJ issue-802 105 9 and and CCONJ issue-802 105 10 serious serious ADJ issue-802 105 11 disturbances disturbance NOUN issue-802 105 12 both both CCONJ issue-802 105 13 in in ADP issue-802 105 14 the the DET issue-802 105 15 stock stock NOUN issue-802 105 16 market market NOUN issue-802 105 17 and and CCONJ issue-802 105 18 in in ADP issue-802 105 19 the the DET issue-802 105 20 economy economy NOUN issue-802 105 21 as as ADP issue-802 105 22 a a DET issue-802 105 23 whole whole NOUN issue-802 105 24 . . PUNCT issue-802 106 1 the the DET issue-802 106 2 market market NOUN issue-802 106 3 quotation quotation NOUN issue-802 106 4 of of ADP issue-802 106 5 some some DET issue-802 106 6 securities security NOUN issue-802 106 7 may may AUX issue-802 106 8 fall fall VERB issue-802 106 9 to to ADP issue-802 106 10 their their PRON issue-802 106 11 par par NOUN issue-802 106 12 value value NOUN issue-802 106 13 and and CCONJ issue-802 106 14 even even ADV issue-802 106 15 lower low ADJ issue-802 106 16 . . PUNCT issue-802 107 1 – – PUNCT issue-802 107 2 interest interest NOUN issue-802 107 3 rate rate NOUN issue-802 107 4 risk risk NOUN issue-802 107 5 – – PUNCT issue-802 107 6 change change NOUN issue-802 107 7 of of ADP issue-802 107 8 interest interest NOUN issue-802 107 9 rates rate NOUN issue-802 107 10 – – PUNCT issue-802 107 11 depends depend VERB issue-802 107 12 on on ADP issue-802 107 13 the the DET issue-802 107 14 fluctuations fluctuation NOUN issue-802 107 15 in in ADP issue-802 107 16 the the DET issue-802 107 17 market market NOUN issue-802 107 18 rates rate NOUN issue-802 107 19 of of ADP issue-802 107 20 debt debt NOUN issue-802 107 21 , , PUNCT issue-802 107 22 for for ADP issue-802 107 23 which which PRON issue-802 107 24 the the DET issue-802 107 25 percentage percentage NOUN issue-802 107 26 is be AUX issue-802 107 27 agreed agree VERB issue-802 107 28 in in ADP issue-802 107 29 the the DET issue-802 107 30 contractual contractual ADJ issue-802 107 31 order order NOUN issue-802 107 32 from from ADP issue-802 107 33 the the DET issue-802 107 34 moment moment NOUN issue-802 107 35 of of ADP issue-802 107 36 their their PRON issue-802 107 37 issue issue NOUN issue-802 107 38 . . PUNCT issue-802 108 1 rate rate NOUN issue-802 108 2 is be AUX issue-802 108 3 an an DET issue-802 108 4 important important ADJ issue-802 108 5 instrument instrument NOUN issue-802 108 6 of of ADP issue-802 108 7 banking banking NOUN issue-802 108 8 policy policy NOUN issue-802 108 9 , , PUNCT issue-802 108 10 competition competition NOUN issue-802 108 11 , , PUNCT issue-802 108 12 its its PRON issue-802 108 13 level level NOUN issue-802 108 14 largely largely ADV issue-802 108 15 depends depend VERB issue-802 108 16 on on ADP issue-802 108 17 the the DET issue-802 108 18 efficiency efficiency NOUN issue-802 108 19 of of ADP issue-802 108 20 the the DET issue-802 108 21 banking banking NOUN issue-802 108 22 system system NOUN issue-802 108 23 . . PUNCT issue-802 109 1 banking banking NOUN issue-802 109 2 investments investment NOUN issue-802 109 3 in in ADP issue-802 109 4 securities security NOUN issue-802 109 5 are be AUX issue-802 109 6 carefully carefully ADV issue-802 109 7 regulated regulate VERB issue-802 109 8 due due ADP issue-802 109 9 to to ADP issue-802 109 10 the the DET issue-802 109 11 credit credit NOUN issue-802 109 12 risk risk NOUN issue-802 109 13 inherent inherent ADJ issue-802 109 14 in in ADP issue-802 109 15 most most ADJ issue-802 109 16 securities security NOUN issue-802 109 17 , , PUNCT issue-802 109 18 especially especially ADV issue-802 109 19 those those PRON issue-802 109 20 issued issue VERB issue-802 109 21 by by ADP issue-802 109 22 private private ADJ issue-802 109 23 corporations corporation NOUN issue-802 109 24 and and CCONJ issue-802 109 25 individual individual ADJ issue-802 109 26 local local ADJ issue-802 109 27 governments government NOUN issue-802 109 28 . . PUNCT issue-802 110 1 the the DET issue-802 110 2 business business NOUN issue-802 110 3 risk risk NOUN issue-802 110 4 of of ADP issue-802 110 5 banks bank NOUN issue-802 110 6 is be AUX issue-802 110 7 reflected reflect VERB issue-802 110 8 in in ADP issue-802 110 9 the the DET issue-802 110 10 loan loan NOUN issue-802 110 11 portfolio portfolio NOUN issue-802 110 12 and and CCONJ issue-802 110 13 is be AUX issue-802 110 14 related relate VERB issue-802 110 15 to to ADP issue-802 110 16 the the DET issue-802 110 17 changing change VERB issue-802 110 18 economic economic ADJ issue-802 110 19 situation situation NOUN issue-802 110 20 in in ADP issue-802 110 21 the the DET issue-802 110 22 country country NOUN issue-802 110 23 , , PUNCT issue-802 110 24 falling fall VERB issue-802 110 25 sales sale NOUN issue-802 110 26 , , PUNCT issue-802 110 27 rising rise VERB issue-802 110 28 bankruptcy bankruptcy NOUN issue-802 110 29 , , PUNCT issue-802 110 30 unemployment unemployment NOUN issue-802 110 31 , , PUNCT issue-802 110 32 non non NOUN issue-802 110 33 - - NOUN issue-802 110 34 repayment repayment NOUN issue-802 110 35 of of ADP issue-802 110 36 loans loan NOUN issue-802 110 37 . . PUNCT issue-802 111 1 due due ADP issue-802 111 2 to to ADP issue-802 111 3 the the DET issue-802 111 4 risk risk NOUN issue-802 111 5 of of ADP issue-802 111 6 unbalanced unbalanced ADJ issue-802 111 7 liquidity liquidity NOUN issue-802 111 8 , , PUNCT issue-802 111 9 banks bank NOUN issue-802 111 10 foresee foresee VERB issue-802 111 11 the the DET issue-802 111 12 sale sale NOUN issue-802 111 13 of of ADP issue-802 111 14 investment investment NOUN issue-802 111 15 securities security NOUN issue-802 111 16 before before ADP issue-802 111 17 their their PRON issue-802 111 18 maturity maturity NOUN issue-802 111 19 ... ... PUNCT issue-802 111 20 the the DET issue-802 111 21 risk risk NOUN issue-802 111 22 of of ADP issue-802 111 23 early early ADJ issue-802 111 24 withdrawal withdrawal NOUN issue-802 111 25 is be AUX issue-802 111 26 reduced reduce VERB issue-802 111 27 by by ADP issue-802 111 28 banks bank NOUN issue-802 111 29 through through ADP issue-802 111 30 the the DET issue-802 111 31 purchase purchase NOUN issue-802 111 32 of of ADP issue-802 111 33 bonds bond NOUN issue-802 111 34 whose whose DET issue-802 111 35 issuers issuer NOUN issue-802 111 36 can can AUX issue-802 111 37 not not PART issue-802 111 38 make make VERB issue-802 111 39 their their PRON issue-802 111 40 withdrawal withdrawal NOUN issue-802 111 41 for for ADP issue-802 111 42 several several ADJ issue-802 111 43 years year NOUN issue-802 111 44 or or CCONJ issue-802 111 45 do do AUX issue-802 111 46 not not PART issue-802 111 47 purchase purchase VERB issue-802 111 48 withdrawable withdrawable ADJ issue-802 111 49 securities security NOUN issue-802 111 50 . . PUNCT issue-802 112 1 inflation inflation NOUN issue-802 112 2 risk risk NOUN issue-802 112 3 may may AUX issue-802 112 4 impair impair VERB issue-802 112 5 the the DET issue-802 112 6 value value NOUN issue-802 112 7 of of ADP issue-802 112 8 shareholders shareholder NOUN issue-802 112 9 ' ' PART issue-802 112 10 investments investment NOUN issue-802 112 11 in in ADP issue-802 112 12 the the DET issue-802 112 13 bank bank NOUN issue-802 112 14 , , PUNCT issue-802 112 15 so so SCONJ issue-802 112 16 the the DET issue-802 112 17 bank bank NOUN issue-802 112 18 provides provide VERB issue-802 112 19 short short ADJ issue-802 112 20 - - PUNCT issue-802 112 21 term term NOUN issue-802 112 22 loans loan NOUN issue-802 112 23 and and CCONJ issue-802 112 24 securities security NOUN issue-802 112 25 with with ADP issue-802 112 26 a a DET issue-802 112 27 limited limited ADJ issue-802 112 28 , , PUNCT issue-802 112 29 non non ADJ issue-802 112 30 - - ADJ issue-802 112 31 prolonged prolonged ADJ issue-802 112 32 , , PUNCT issue-802 112 33 floating float VERB issue-802 112 34 interest interest NOUN issue-802 112 35 rate rate NOUN issue-802 112 36 term term NOUN issue-802 112 37 . . PUNCT issue-802 113 1 banks bank NOUN issue-802 113 2 , , PUNCT issue-802 113 3 while while SCONJ issue-802 113 4 conducting conduct VERB issue-802 113 5 investment investment NOUN issue-802 113 6 transactions transaction NOUN issue-802 113 7 , , PUNCT issue-802 113 8 monitor monitor VERB issue-802 113 9 their their PRON issue-802 113 10 level level NOUN issue-802 113 11 of of ADP issue-802 113 12 profitability profitability NOUN issue-802 113 13 , , PUNCT issue-802 113 14 since since SCONJ issue-802 113 15 the the DET issue-802 113 16 return return NOUN issue-802 113 17 on on ADP issue-802 113 18 invested invest VERB issue-802 113 19 funds fund NOUN issue-802 113 20 should should AUX issue-802 113 21 be be AUX issue-802 113 22 proportional proportional ADJ issue-802 113 23 to to ADP issue-802 113 24 the the DET issue-802 113 25 risk risk NOUN issue-802 113 26 of of ADP issue-802 113 27 investments investment NOUN issue-802 113 28 . . PUNCT issue-802 114 1 as as SCONJ issue-802 114 2 the the DET issue-802 114 3 analysis analysis NOUN issue-802 114 4 of of ADP issue-802 114 5 the the DET issue-802 114 6 activity activity NOUN issue-802 114 7 showed show VERB issue-802 114 8 , , PUNCT issue-802 114 9 today today NOUN issue-802 114 10 banks bank NOUN issue-802 114 11 , , PUNCT issue-802 114 12 like like ADP issue-802 114 13 other other ADJ issue-802 114 14 business business NOUN issue-802 114 15 entities entity NOUN issue-802 114 16 , , PUNCT issue-802 114 17 do do AUX issue-802 114 18 not not PART issue-802 114 19 have have VERB issue-802 114 20 sufficiently sufficiently ADV issue-802 114 21 b b ADP issue-802 114 22 a a DET issue-802 114 23 n n ADV issue-802 114 24 k k NOUN issue-802 114 25 ’ ' PUNCT issue-802 114 26 s s PROPN issue-802 114 27 i i PRON issue-802 114 28 n n PROPN issue-802 114 29 v v NUM issue-802 114 30 e e NOUN issue-802 114 31 s s PROPN issue-802 114 32 t t PROPN issue-802 114 33 m m PROPN issue-802 114 34 e e NOUN issue-802 114 35 n n PROPN issue-802 114 36 t t PROPN issue-802 114 37 s s PART issue-802 114 38 expected expect VERB issue-802 114 39 rate rate NOUN issue-802 114 40 of of ADP issue-802 114 41 return return NOUN issue-802 114 42 tax tax NOUN issue-802 114 43 characteristics characteristic NOUN issue-802 114 44 interest interest NOUN issue-802 114 45 rate rate NOUN issue-802 114 46 iniflation iniflation NOUN issue-802 114 47 f f PROPN issue-802 115 1 a a DET issue-802 115 2 c c NOUN issue-802 115 3 t t NOUN issue-802 115 4 o o NOUN issue-802 115 5 rs rs NOUN issue-802 115 6 secur secur NOUN issue-802 115 7 i i PRON issue-802 115 8 ti ti NOUN issue-802 115 9 es es NOUN issue-802 115 10 credit credit NOUN issue-802 115 11 business business NOUN issue-802 116 1 r r NOUN issue-802 117 1 i i PRON issue-802 117 2 s s NOUN issue-802 117 3 k k NOUN issue-802 117 4 figure figure NOUN issue-802 117 5 2 2 NUM issue-802 117 6 . . PUNCT issue-802 117 7 factors factor NOUN issue-802 117 8 that that PRON issue-802 117 9 determine determine VERB issue-802 117 10 a a DET issue-802 117 11 bank bank NOUN issue-802 117 12 's 's PART issue-802 117 13 investment investment NOUN issue-802 117 14 choices choice NOUN issue-802 117 15 baltic baltic ADJ issue-802 117 16 journal journal NOUN issue-802 117 17 of of ADP issue-802 117 18 economic economic ADJ issue-802 117 19 studies study NOUN issue-802 117 20 112 112 NUM issue-802 117 21 vol vol NOUN issue-802 117 22 . . PROPN issue-802 118 1 6 6 NUM issue-802 118 2 , , PUNCT issue-802 118 3 no no INTJ issue-802 118 4 . . NOUN issue-802 118 5 2 2 NUM issue-802 118 6 , , PUNCT issue-802 118 7 2020 2020 NUM issue-802 118 8 effective effective ADJ issue-802 118 9 mechanisms mechanism NOUN issue-802 118 10 for for ADP issue-802 118 11 collecting collect VERB issue-802 118 12 overdue overdue ADJ issue-802 118 13 receivables receivable NOUN issue-802 118 14 , , PUNCT issue-802 118 15 including include VERB issue-802 118 16 the the DET issue-802 118 17 bankruptcy bankruptcy NOUN issue-802 118 18 procedure procedure NOUN issue-802 118 19 of of ADP issue-802 118 20 the the DET issue-802 118 21 defaulter defaulter NOUN issue-802 118 22 . . PUNCT issue-802 119 1 based base VERB issue-802 119 2 on on ADP issue-802 119 3 this this PRON issue-802 119 4 , , PUNCT issue-802 119 5 as as ADV issue-802 119 6 well well ADV issue-802 119 7 as as ADP issue-802 119 8 on on ADP issue-802 119 9 the the DET issue-802 119 10 general general ADJ issue-802 119 11 accounts account NOUN issue-802 119 12 payable payable ADJ issue-802 119 13 , , PUNCT issue-802 119 14 the the DET issue-802 119 15 risk risk NOUN issue-802 119 16 of of ADP issue-802 119 17 insolvency insolvency NOUN issue-802 119 18 or or CCONJ issue-802 119 19 non non ADJ issue-802 119 20 - - NOUN issue-802 119 21 repayment repayment NOUN issue-802 119 22 of of ADP issue-802 119 23 loans loan NOUN issue-802 119 24 is be AUX issue-802 119 25 repeatedly repeatedly ADV issue-802 119 26 increasing increase VERB issue-802 119 27 and and CCONJ issue-802 119 28 is be AUX issue-802 119 29 shared share VERB issue-802 119 30 among among ADP issue-802 119 31 all all DET issue-802 119 32 other other ADJ issue-802 119 33 enterprises enterprise NOUN issue-802 119 34 . . PUNCT issue-802 120 1 that that PRON issue-802 120 2 is be AUX issue-802 120 3 why why SCONJ issue-802 120 4 commercial commercial ADJ issue-802 120 5 banks bank NOUN issue-802 120 6 are be AUX issue-802 120 7 forced force VERB issue-802 120 8 to to PART issue-802 120 9 raise raise VERB issue-802 120 10 lending lending NOUN issue-802 120 11 rates rate NOUN issue-802 120 12 and and CCONJ issue-802 120 13 therefore therefore ADV issue-802 120 14 reduce reduce VERB issue-802 120 15 lending lending NOUN issue-802 120 16 volumes volume NOUN issue-802 120 17 . . PUNCT issue-802 121 1 in in ADP issue-802 121 2 the the DET issue-802 121 3 investment investment NOUN issue-802 121 4 field field NOUN issue-802 121 5 , , PUNCT issue-802 121 6 banking banking NOUN issue-802 121 7 institutions institution NOUN issue-802 121 8 perform perform VERB issue-802 121 9 such such ADJ issue-802 121 10 functions function NOUN issue-802 121 11 : : PUNCT issue-802 121 12 – – PUNCT issue-802 121 13 credit credit NOUN issue-802 121 14 and and CCONJ issue-802 121 15 settlement settlement NOUN issue-802 121 16 ; ; PUNCT issue-802 121 17 – – PUNCT issue-802 121 18 cash cash NOUN issue-802 121 19 services service NOUN issue-802 121 20 ; ; PUNCT issue-802 121 21 – – PUNCT issue-802 121 22 deposit deposit NOUN issue-802 121 23 operations operation NOUN issue-802 121 24 ; ; PUNCT issue-802 121 25 – – PUNCT issue-802 121 26 servicing servicing NOUN issue-802 121 27 of of ADP issue-802 121 28 business business NOUN issue-802 121 29 entities entity NOUN issue-802 121 30 ; ; PUNCT issue-802 121 31 – – PUNCT issue-802 121 32 analysis analysis NOUN issue-802 121 33 of of ADP issue-802 121 34 the the DET issue-802 121 35 investment investment NOUN issue-802 121 36 market market NOUN issue-802 121 37 ; ; PUNCT issue-802 121 38 – – PUNCT issue-802 121 39 information information NOUN issue-802 121 40 and and CCONJ issue-802 121 41 advisory advisory ADJ issue-802 121 42 services service NOUN issue-802 121 43 on on ADP issue-802 121 44 effective effective ADJ issue-802 121 45 investment investment NOUN issue-802 121 46 . . PUNCT issue-802 122 1 considering consider VERB issue-802 122 2 the the DET issue-802 122 3 above above ADJ issue-802 122 4 functions function NOUN issue-802 122 5 , , PUNCT issue-802 122 6 banks bank NOUN issue-802 122 7 can can AUX issue-802 122 8 use use VERB issue-802 122 9 their their PRON issue-802 122 10 customers customer NOUN issue-802 122 11 ' ' PART issue-802 122 12 resources resource NOUN issue-802 122 13 more more ADV issue-802 122 14 efficiently efficiently ADV issue-802 122 15 and and CCONJ issue-802 122 16 influence influence VERB issue-802 122 17 their their PRON issue-802 122 18 profitability profitability NOUN issue-802 122 19 . . PUNCT issue-802 123 1 the the DET issue-802 123 2 national national PROPN issue-802 123 3 bank bank PROPN issue-802 123 4 of of ADP issue-802 123 5 ukraine ukraine PROPN issue-802 123 6 controls control VERB issue-802 123 7 the the DET issue-802 123 8 commercial commercial ADJ issue-802 123 9 banks bank NOUN issue-802 123 10 activities activity NOUN issue-802 123 11 . . PUNCT issue-802 124 1 banking banking NOUN issue-802 124 2 infrastructure infrastructure NOUN issue-802 124 3 is be AUX issue-802 124 4 an an DET issue-802 124 5 important important ADJ issue-802 124 6 element element NOUN issue-802 124 7 of of ADP issue-802 124 8 the the DET issue-802 124 9 banking banking NOUN issue-802 124 10 system system NOUN issue-802 124 11 . . PUNCT issue-802 125 1 it it PRON issue-802 125 2 includes include VERB issue-802 125 3 enterprises enterprise NOUN issue-802 125 4 , , PUNCT issue-802 125 5 agencies agency NOUN issue-802 125 6 , , PUNCT issue-802 125 7 services service NOUN issue-802 125 8 that that PRON issue-802 125 9 support support VERB issue-802 125 10 the the DET issue-802 125 11 activities activity NOUN issue-802 125 12 of of ADP issue-802 125 13 banks bank NOUN issue-802 125 14 , , PUNCT issue-802 125 15 such such ADJ issue-802 125 16 as as ADP issue-802 125 17 information information NOUN issue-802 125 18 , , PUNCT issue-802 125 19 methodological methodological ADJ issue-802 125 20 , , PUNCT issue-802 125 21 scientific scientific ADJ issue-802 125 22 , , PUNCT issue-802 125 23 human human ADJ issue-802 125 24 resources resource NOUN issue-802 125 25 , , PUNCT issue-802 125 26 communications communication NOUN issue-802 125 27 , , PUNCT issue-802 125 28 communications communication NOUN issue-802 125 29 and and CCONJ issue-802 125 30 more more ADJ issue-802 125 31 . . PUNCT issue-802 126 1 banking banking NOUN issue-802 126 2 infrastructure infrastructure NOUN issue-802 126 3 provides provide VERB issue-802 126 4 guarantees guarantee NOUN issue-802 126 5 against against ADP issue-802 126 6 insolvency insolvency NOUN issue-802 126 7 and and CCONJ issue-802 126 8 damages damage NOUN issue-802 126 9 . . PUNCT issue-802 127 1 according accord VERB issue-802 127 2 to to ADP issue-802 127 3 the the DET issue-802 127 4 international international ADJ issue-802 127 5 treaties treaty NOUN issue-802 127 6 of of ADP issue-802 127 7 ukraine ukraine NOUN issue-802 127 8 , , PUNCT issue-802 127 9 projects project NOUN issue-802 127 10 for for ADP issue-802 127 11 the the DET issue-802 127 12 development development NOUN issue-802 127 13 of of ADP issue-802 127 14 its its PRON issue-802 127 15 economy economy NOUN issue-802 127 16 are be AUX issue-802 127 17 supported support VERB issue-802 127 18 by by ADP issue-802 127 19 international international ADJ issue-802 127 20 financial financial ADJ issue-802 127 21 organizations organization NOUN issue-802 127 22 : : PUNCT issue-802 127 23 the the DET issue-802 127 24 international international ADJ issue-802 127 25 bank bank NOUN issue-802 127 26 for for ADP issue-802 127 27 reconstruction reconstruction NOUN issue-802 127 28 and and CCONJ issue-802 127 29 development development NOUN issue-802 127 30 , , PUNCT issue-802 127 31 the the DET issue-802 127 32 european european PROPN issue-802 127 33 bank bank PROPN issue-802 127 34 for for ADP issue-802 127 35 reconstruction reconstruction NOUN issue-802 127 36 and and CCONJ issue-802 127 37 development development NOUN issue-802 127 38 , , PUNCT issue-802 127 39 the the DET issue-802 127 40 european european PROPN issue-802 127 41 union union PROPN issue-802 127 42 , , PUNCT issue-802 127 43 the the DET issue-802 127 44 international international ADJ issue-802 127 45 monetary monetary ADJ issue-802 127 46 fund fund NOUN issue-802 127 47 . . PUNCT issue-802 128 1 according accord VERB issue-802 128 2 to to ADP issue-802 128 3 the the DET issue-802 128 4 legislation legislation NOUN issue-802 128 5 of of ADP issue-802 128 6 most most ADJ issue-802 128 7 countries country NOUN issue-802 128 8 on on ADP issue-802 128 9 national national ADJ issue-802 128 10 banking banking NOUN issue-802 128 11 markets market NOUN issue-802 128 12 are be AUX issue-802 128 13 allowed allow VERB issue-802 128 14 to to PART issue-802 128 15 operate operate VERB issue-802 128 16 foreign foreign ADJ issue-802 128 17 banks bank NOUN issue-802 128 18 . . PUNCT issue-802 129 1 in in ADP issue-802 129 2 some some DET issue-802 129 3 countries country NOUN issue-802 129 4 ( ( PUNCT issue-802 129 5 such such ADJ issue-802 129 6 as as ADP issue-802 129 7 france france PROPN issue-802 129 8 ) ) PUNCT issue-802 129 9 the the DET issue-802 129 10 activity activity NOUN issue-802 129 11 of of ADP issue-802 129 12 foreign foreign ADJ issue-802 129 13 banks bank NOUN issue-802 129 14 is be AUX issue-802 129 15 not not PART issue-802 129 16 restricted restrict VERB issue-802 129 17 . . PUNCT issue-802 130 1 in in ADP issue-802 130 2 russia russia PROPN issue-802 130 3 , , PUNCT issue-802 130 4 canada canada PROPN issue-802 130 5 and and CCONJ issue-802 130 6 other other ADJ issue-802 130 7 countries country NOUN issue-802 130 8 , , PUNCT issue-802 130 9 a a DET issue-802 130 10 certain certain ADJ issue-802 130 11 corridor corridor NOUN issue-802 130 12 has have AUX issue-802 130 13 been be AUX issue-802 130 14 introduced introduce VERB issue-802 130 15 , , PUNCT issue-802 130 16 within within ADP issue-802 130 17 which which PRON issue-802 130 18 they they PRON issue-802 130 19 can can AUX issue-802 130 20 conduct conduct VERB issue-802 130 21 their their PRON issue-802 130 22 operations operation NOUN issue-802 130 23 quantitatively quantitatively ADV issue-802 130 24 . . PUNCT issue-802 131 1 3 3 X issue-802 131 2 . . X issue-802 131 3 cooperation cooperation NOUN issue-802 131 4 with with ADP issue-802 131 5 international international ADJ issue-802 131 6 financial financial ADJ issue-802 131 7 organizations organization NOUN issue-802 131 8 the the DET issue-802 131 9 international international ADJ issue-802 131 10 bank bank NOUN issue-802 131 11 for for ADP issue-802 131 12 reconstruction reconstruction NOUN issue-802 131 13 and and CCONJ issue-802 131 14 development development NOUN issue-802 131 15 and and CCONJ issue-802 131 16 the the DET issue-802 131 17 world world PROPN issue-802 131 18 bank bank PROPN issue-802 131 19 important important ADJ issue-802 131 20 play play VERB issue-802 131 21 the the DET issue-802 131 22 significant significant ADJ issue-802 131 23 role role NOUN issue-802 131 24 in in ADP issue-802 131 25 the the DET issue-802 131 26 investment investment NOUN issue-802 131 27 activity activity NOUN issue-802 131 28 of of ADP issue-802 131 29 ukrainian ukrainian ADJ issue-802 131 30 banks bank NOUN issue-802 131 31 . . PUNCT issue-802 132 1 for for ADP issue-802 132 2 several several ADJ issue-802 132 3 years year NOUN issue-802 132 4 , , PUNCT issue-802 132 5 the the DET issue-802 132 6 world world NOUN issue-802 132 7 bank bank PROPN issue-802 132 8 has have AUX issue-802 132 9 been be AUX issue-802 132 10 conducting conduct VERB issue-802 132 11 monitoring monitor VERB issue-802 132 12 studies study NOUN issue-802 132 13 of of ADP issue-802 132 14 the the DET issue-802 132 15 country country NOUN issue-802 132 16 's 's PART issue-802 132 17 economic economic ADJ issue-802 132 18 condition condition NOUN issue-802 132 19 and and CCONJ issue-802 132 20 providing provide VERB issue-802 132 21 financial financial ADJ issue-802 132 22 assistance assistance NOUN issue-802 132 23 to to ADP issue-802 132 24 the the DET issue-802 132 25 government government NOUN issue-802 132 26 in in ADP issue-802 132 27 carrying carry VERB issue-802 132 28 out out ADP issue-802 132 29 market market NOUN issue-802 132 30 transformations transformation NOUN issue-802 132 31 . . PUNCT issue-802 133 1 ukraine ukraine PROPN issue-802 133 2 cooperates cooperate VERB issue-802 133 3 with with ADP issue-802 133 4 the the DET issue-802 133 5 world world NOUN issue-802 133 6 bank bank PROPN issue-802 133 7 in in ADP issue-802 133 8 the the DET issue-802 133 9 following follow VERB issue-802 133 10 areas area NOUN issue-802 133 11 : : PUNCT issue-802 133 12 – – PUNCT issue-802 133 13 macroeconomic macroeconomic ADJ issue-802 133 14 stabilization stabilization NOUN issue-802 133 15 and and CCONJ issue-802 133 16 structural structural ADJ issue-802 133 17 adjustment adjustment NOUN issue-802 133 18 ; ; PUNCT issue-802 133 19 – – PUNCT issue-802 133 20 economic economic ADJ issue-802 133 21 downturn downturn NOUN issue-802 133 22 and and CCONJ issue-802 133 23 post post ADJ issue-802 133 24 - - ADJ issue-802 133 25 privatization privatization ADJ issue-802 133 26 development development NOUN issue-802 133 27 of of ADP issue-802 133 28 enterprises enterprise NOUN issue-802 133 29 ; ; PUNCT issue-802 133 30 – – PUNCT issue-802 133 31 reforms reform NOUN issue-802 133 32 in in ADP issue-802 133 33 the the DET issue-802 133 34 financial financial ADJ issue-802 133 35 sphere sphere NOUN issue-802 133 36 and and CCONJ issue-802 133 37 formation formation NOUN issue-802 133 38 of of ADP issue-802 133 39 the the DET issue-802 133 40 institutional institutional ADJ issue-802 133 41 basis basis NOUN issue-802 133 42 of of ADP issue-802 133 43 market market NOUN issue-802 133 44 relations relation NOUN issue-802 133 45 ; ; PUNCT issue-802 133 46 – – PUNCT issue-802 133 47 improvement improvement NOUN issue-802 133 48 of of ADP issue-802 133 49 the the DET issue-802 133 50 system system NOUN issue-802 133 51 of of ADP issue-802 133 52 social social ADJ issue-802 133 53 protection protection NOUN issue-802 133 54 of of ADP issue-802 133 55 the the DET issue-802 133 56 population population NOUN issue-802 133 57 and and CCONJ issue-802 133 58 development development NOUN issue-802 133 59 of of ADP issue-802 133 60 infrastructure infrastructure NOUN issue-802 133 61 ; ; PUNCT issue-802 133 62 – – PUNCT issue-802 133 63 rehabilitation rehabilitation NOUN issue-802 133 64 and and CCONJ issue-802 133 65 support support NOUN issue-802 133 66 of of ADP issue-802 133 67 agriculture agriculture NOUN issue-802 133 68 ; ; PUNCT issue-802 133 69 – – PUNCT issue-802 133 70 reformation reformation NOUN issue-802 133 71 of of ADP issue-802 133 72 the the DET issue-802 133 73 public public ADJ issue-802 133 74 sector sector NOUN issue-802 133 75 of of ADP issue-802 133 76 the the DET issue-802 133 77 economy economy NOUN issue-802 133 78 ; ; PUNCT issue-802 133 79 – – PUNCT issue-802 133 80 creation creation NOUN issue-802 133 81 of of ADP issue-802 133 82 a a DET issue-802 133 83 legal legal ADJ issue-802 133 84 basis basis NOUN issue-802 133 85 for for ADP issue-802 133 86 a a DET issue-802 133 87 market market NOUN issue-802 133 88 economy economy NOUN issue-802 133 89 , , PUNCT issue-802 133 90 a a DET issue-802 133 91 project project NOUN issue-802 133 92 in in ADP issue-802 133 93 energy energy NOUN issue-802 133 94 and and CCONJ issue-802 133 95 economic economic ADJ issue-802 133 96 sectors sector NOUN issue-802 133 97 ; ; PUNCT issue-802 133 98 – – PUNCT issue-802 133 99 attractation attractation NOUN issue-802 133 100 of of ADP issue-802 133 101 the the DET issue-802 133 102 foreign foreign ADJ issue-802 133 103 investors investor NOUN issue-802 133 104 . . PUNCT issue-802 134 1 the the DET issue-802 134 2 key key ADJ issue-802 134 3 objective objective NOUN issue-802 134 4 of of ADP issue-802 134 5 world world PROPN issue-802 134 6 bank bank PROPN issue-802 134 7 ’s ’s PART issue-802 134 8 activity activity NOUN issue-802 134 9 is be AUX issue-802 134 10 providing provide VERB issue-802 134 11 the the DET issue-802 134 12 assistance assistance NOUN issue-802 134 13 to to ADP issue-802 134 14 the the DET issue-802 134 15 countries country NOUN issue-802 134 16 - - PUNCT issue-802 134 17 participants participant NOUN issue-802 134 18 . . PUNCT issue-802 135 1 the the DET issue-802 135 2 world world PROPN issue-802 135 3 bank bank PROPN issue-802 135 4 provides provide VERB issue-802 135 5 the the DET issue-802 135 6 government government NOUN issue-802 135 7 of of ADP issue-802 135 8 ukraine ukraine NOUN issue-802 135 9 with with ADP issue-802 135 10 annual annual ADJ issue-802 135 11 financial financial ADJ issue-802 135 12 support support NOUN issue-802 135 13 for for ADP issue-802 135 14 comprehensive comprehensive ADJ issue-802 135 15 reforms reform NOUN issue-802 135 16 . . PUNCT issue-802 136 1 these these DET issue-802 136 2 funds fund NOUN issue-802 136 3 are be AUX issue-802 136 4 usually usually ADV issue-802 136 5 provided provide VERB issue-802 136 6 in in ADP issue-802 136 7 the the DET issue-802 136 8 form form NOUN issue-802 136 9 of of ADP issue-802 136 10 loans loan NOUN issue-802 136 11 , , PUNCT issue-802 136 12 ie ie ADV issue-802 136 13 on on ADP issue-802 136 14 the the DET issue-802 136 15 basis basis NOUN issue-802 136 16 of of ADP issue-802 136 17 the the DET issue-802 136 18 obligatory obligatory ADJ issue-802 136 19 security security NOUN issue-802 136 20 of of ADP issue-802 136 21 the the DET issue-802 136 22 repayment repayment NOUN issue-802 136 23 of of ADP issue-802 136 24 interest interest NOUN issue-802 136 25 . . PUNCT issue-802 137 1 investing invest VERB issue-802 137 2 in in ADP issue-802 137 3 education education NOUN issue-802 137 4 , , PUNCT issue-802 137 5 health health NOUN issue-802 137 6 care care NOUN issue-802 137 7 , , PUNCT issue-802 137 8 the the DET issue-802 137 9 food food NOUN issue-802 137 10 industry industry NOUN issue-802 137 11 or or CCONJ issue-802 137 12 the the DET issue-802 137 13 human human ADJ issue-802 137 14 resources resource NOUN issue-802 137 15 are be AUX issue-802 137 16 most most ADV issue-802 137 17 likely likely ADJ issue-802 137 18 to to PART issue-802 137 19 achieve achieve VERB issue-802 137 20 high high ADJ issue-802 137 21 economic economic ADJ issue-802 137 22 performance performance NOUN issue-802 137 23 . . PUNCT issue-802 138 1 this this PRON issue-802 138 2 is be AUX issue-802 138 3 because because SCONJ issue-802 138 4 it it PRON issue-802 138 5 has have VERB issue-802 138 6 to to PART issue-802 138 7 do do VERB issue-802 138 8 with with ADP issue-802 138 9 intellectual intellectual ADJ issue-802 138 10 and and CCONJ issue-802 138 11 physical physical ADJ issue-802 138 12 performance performance NOUN issue-802 138 13 . . PUNCT issue-802 139 1 for for ADP issue-802 139 2 example example NOUN issue-802 139 3 , , PUNCT issue-802 139 4 ukraine ukraine PROPN issue-802 139 5 's 's PART issue-802 139 6 agriculture agriculture NOUN issue-802 139 7 is be AUX issue-802 139 8 ranked rank VERB issue-802 139 9 fourth fourth ADV issue-802 139 10 in in ADP issue-802 139 11 projects project NOUN issue-802 139 12 financed finance VERB issue-802 139 13 by by ADP issue-802 139 14 the the DET issue-802 139 15 world world PROPN issue-802 139 16 bank bank PROPN issue-802 139 17 after after ADP issue-802 139 18 : : PUNCT issue-802 139 19 i i PRON issue-802 139 20 – – PUNCT issue-802 139 21 macroeconomics macroeconomic NOUN issue-802 139 22 ; ; PUNCT issue-802 139 23 ii ii NUM issue-802 139 24 – – PUNCT issue-802 139 25 financial financial ADJ issue-802 139 26 sector sector NOUN issue-802 139 27 reform reform NOUN issue-802 139 28 and and CCONJ issue-802 139 29 enterprise enterprise NOUN issue-802 139 30 development development NOUN issue-802 139 31 ; ; PUNCT issue-802 139 32 iii iii X issue-802 139 33 – – PUNCT issue-802 139 34 energy energy NOUN issue-802 139 35 . . PUNCT issue-802 140 1 each each DET issue-802 140 2 project project NOUN issue-802 140 3 determines determine VERB issue-802 140 4 its its PRON issue-802 140 5 total total ADJ issue-802 140 6 cost cost NOUN issue-802 140 7 , , PUNCT issue-802 140 8 amount amount NOUN issue-802 140 9 of of ADP issue-802 140 10 funding funding NOUN issue-802 140 11 , , PUNCT issue-802 140 12 date date NOUN issue-802 140 13 of of ADP issue-802 140 14 implementation implementation NOUN issue-802 140 15 , , PUNCT issue-802 140 16 allocation allocation NOUN issue-802 140 17 of of ADP issue-802 140 18 financial financial ADJ issue-802 140 19 resources resource NOUN issue-802 140 20 , , PUNCT issue-802 140 21 location location NOUN issue-802 140 22 of of ADP issue-802 140 23 project project NOUN issue-802 140 24 implementation implementation NOUN issue-802 140 25 and and CCONJ issue-802 140 26 utilization utilization NOUN issue-802 140 27 of of ADP issue-802 140 28 funds fund NOUN issue-802 140 29 . . PUNCT issue-802 141 1 the the DET issue-802 141 2 value value NOUN issue-802 141 3 of of ADP issue-802 141 4 projects project NOUN issue-802 141 5 , , PUNCT issue-802 141 6 their their PRON issue-802 141 7 priority priority NOUN issue-802 141 8 may may AUX issue-802 141 9 change change VERB issue-802 141 10 , , PUNCT issue-802 141 11 and and CCONJ issue-802 141 12 this this PRON issue-802 141 13 is be AUX issue-802 141 14 reflected reflect VERB issue-802 141 15 in in ADP issue-802 141 16 the the DET issue-802 141 17 financing financing NOUN issue-802 141 18 depending depend VERB issue-802 141 19 on on ADP issue-802 141 20 the the DET issue-802 141 21 investment investment NOUN issue-802 141 22 banking banking NOUN issue-802 141 23 policy policy NOUN issue-802 141 24 . . PUNCT issue-802 142 1 the the DET issue-802 142 2 world world PROPN issue-802 142 3 bank bank PROPN issue-802 142 4 , , PUNCT issue-802 142 5 together together ADV issue-802 142 6 with with ADP issue-802 142 7 the the DET issue-802 142 8 ukrainian ukrainian ADJ issue-802 142 9 government government NOUN issue-802 142 10 , , PUNCT issue-802 142 11 is be AUX issue-802 142 12 working work VERB issue-802 142 13 to to PART issue-802 142 14 attract attract VERB issue-802 142 15 foreign foreign ADJ issue-802 142 16 investments investment NOUN issue-802 142 17 into into ADP issue-802 142 18 the the DET issue-802 142 19 country country NOUN issue-802 142 20 . . PUNCT issue-802 143 1 to to ADP issue-802 143 2 this this DET issue-802 143 3 end end NOUN issue-802 143 4 , , PUNCT issue-802 143 5 the the DET issue-802 143 6 bank bank NOUN issue-802 143 7 's 's PART issue-802 143 8 specialists specialist NOUN issue-802 143 9 develop develop VERB issue-802 143 10 investment investment NOUN issue-802 143 11 projects project NOUN issue-802 143 12 and and CCONJ issue-802 143 13 conduct conduct VERB issue-802 143 14 training training NOUN issue-802 143 15 on on ADP issue-802 143 16 the the DET issue-802 143 17 involvement involvement NOUN issue-802 143 18 and and CCONJ issue-802 143 19 cooperation cooperation NOUN issue-802 143 20 of of ADP issue-802 143 21 foreign foreign ADJ issue-802 143 22 partners partner NOUN issue-802 143 23 . . PUNCT issue-802 144 1 the the DET issue-802 144 2 european european PROPN issue-802 144 3 bank bank PROPN issue-802 144 4 for for ADP issue-802 144 5 reconstruction reconstruction NOUN issue-802 144 6 and and CCONJ issue-802 144 7 development development NOUN issue-802 144 8 is be AUX issue-802 144 9 an an DET issue-802 144 10 international international ADJ issue-802 144 11 financial financial ADJ issue-802 144 12 institution institution NOUN issue-802 144 13 established establish VERB issue-802 144 14 in in ADP issue-802 144 15 1991 1991 NUM issue-802 144 16 to to PART issue-802 144 17 financially financially ADV issue-802 144 18 support support VERB issue-802 144 19 projects project NOUN issue-802 144 20 to to PART issue-802 144 21 assist assist VERB issue-802 144 22 central central ADJ issue-802 144 23 and and CCONJ issue-802 144 24 eastern eastern ADJ issue-802 144 25 european european ADJ issue-802 144 26 countries country NOUN issue-802 144 27 in in ADP issue-802 144 28 their their PRON issue-802 144 29 transition transition NOUN issue-802 144 30 to to ADP issue-802 144 31 a a DET issue-802 144 32 market market NOUN issue-802 144 33 economy economy NOUN issue-802 144 34 . . PUNCT issue-802 145 1 the the DET issue-802 145 2 ebrd ebrd PROPN issue-802 145 3 is be AUX issue-802 145 4 based base VERB issue-802 145 5 on on ADP issue-802 145 6 an an DET issue-802 145 7 agreement agreement NOUN issue-802 145 8 signed sign VERB issue-802 145 9 in in ADP issue-802 145 10 1990 1990 NUM issue-802 145 11 and and CCONJ issue-802 145 12 is be AUX issue-802 145 13 based base VERB issue-802 145 14 in in ADP issue-802 145 15 london london PROPN issue-802 145 16 . . PUNCT issue-802 146 1 in in ADP issue-802 146 2 1994 1994 NUM issue-802 146 3 , , PUNCT issue-802 146 4 the the DET issue-802 146 5 ebrd ebrd PROPN issue-802 146 6 had have VERB issue-802 146 7 60 60 NUM issue-802 146 8 shareholders shareholder NOUN issue-802 146 9 , , PUNCT issue-802 146 10 58 58 NUM issue-802 146 11 countries country NOUN issue-802 146 12 , , PUNCT issue-802 146 13 the the DET issue-802 146 14 european european PROPN issue-802 146 15 union union PROPN issue-802 146 16 and and CCONJ issue-802 146 17 the the DET issue-802 146 18 european european PROPN issue-802 146 19 investment investment PROPN issue-802 146 20 bank bank PROPN issue-802 146 21 . . PUNCT issue-802 147 1 the the DET issue-802 147 2 institution institution NOUN issue-802 147 3 acts act VERB issue-802 147 4 as as ADP issue-802 147 5 both both CCONJ issue-802 147 6 a a DET issue-802 147 7 business business NOUN issue-802 147 8 and and CCONJ issue-802 147 9 an an DET issue-802 147 10 investment investment NOUN issue-802 147 11 bank bank NOUN issue-802 147 12 . . PUNCT issue-802 148 1 according accord VERB issue-802 148 2 to to ADP issue-802 148 3 the the DET issue-802 148 4 charter charter NOUN issue-802 148 5 , , PUNCT issue-802 148 6 at at ADV issue-802 148 7 least least ADV issue-802 148 8 60 60 NUM issue-802 148 9 % % NOUN issue-802 148 10 of of ADP issue-802 148 11 its its PRON issue-802 148 12 obligations obligation NOUN issue-802 148 13 must must AUX issue-802 148 14 be be AUX issue-802 148 15 related relate VERB issue-802 148 16 to to ADP issue-802 148 17 private private ADJ issue-802 148 18 sector sector NOUN issue-802 148 19 financing financing NOUN issue-802 148 20 . . PUNCT issue-802 149 1 the the DET issue-802 149 2 bank bank NOUN issue-802 149 3 provides provide VERB issue-802 149 4 loans loan NOUN issue-802 149 5 ( ( PUNCT issue-802 149 6 up up ADP issue-802 149 7 to to ADP issue-802 149 8 a a DET issue-802 149 9 maximum maximum NOUN issue-802 149 10 of of ADP issue-802 149 11 10 10 NUM issue-802 149 12 years year NOUN issue-802 149 13 for for ADP issue-802 149 14 businesses business NOUN issue-802 149 15 and and CCONJ issue-802 149 16 15 15 NUM issue-802 149 17 years year NOUN issue-802 149 18 for for ADP issue-802 149 19 infrastructure infrastructure NOUN issue-802 149 20 development development NOUN issue-802 149 21 projects project NOUN issue-802 149 22 ) ) PUNCT issue-802 149 23 at at ADP issue-802 149 24 market market NOUN issue-802 149 25 rates rate NOUN issue-802 149 26 . . PUNCT issue-802 150 1 it it PRON issue-802 150 2 also also ADV issue-802 150 3 acquires acquire VERB issue-802 150 4 participating participate VERB issue-802 150 5 shares share NOUN issue-802 150 6 , , PUNCT issue-802 150 7 provides provide VERB issue-802 150 8 loan loan NOUN issue-802 150 9 guarantees guarantee NOUN issue-802 150 10 and and CCONJ issue-802 150 11 subscriptions subscription NOUN issue-802 150 12 for for ADP issue-802 150 13 bonds bond NOUN issue-802 150 14 and and CCONJ issue-802 150 15 equities equity NOUN issue-802 150 16 , , PUNCT issue-802 150 17 and and CCONJ issue-802 150 18 participates participate VERB issue-802 150 19 in in ADP issue-802 150 20 joint joint ADJ issue-802 150 21 operations operation NOUN issue-802 150 22 with with ADP issue-802 150 23 other other ADJ issue-802 150 24 private private ADJ issue-802 150 25 and and CCONJ issue-802 150 26 public public ADJ issue-802 150 27 financial financial ADJ issue-802 150 28 institutions institution NOUN issue-802 150 29 ( ( PUNCT issue-802 150 30 gutkevych gutkevych PROPN issue-802 150 31 , , PUNCT issue-802 150 32 korinʹko korinʹko NOUN issue-802 150 33 , , PUNCT issue-802 150 34 2003 2003 NUM issue-802 150 35 ) ) PUNCT issue-802 150 36 . . PUNCT issue-802 151 1 the the DET issue-802 151 2 european european PROPN issue-802 151 3 investment investment PROPN issue-802 151 4 bank bank NOUN issue-802 151 5 is be AUX issue-802 151 6 an an DET issue-802 151 7 institution institution NOUN issue-802 151 8 set set VERB issue-802 151 9 up up ADP issue-802 151 10 by by ADP issue-802 151 11 the the DET issue-802 151 12 european european PROPN issue-802 151 13 economic economic ADJ issue-802 151 14 community community NOUN issue-802 151 15 to to PART issue-802 151 16 promote promote VERB issue-802 151 17 baltic baltic ADJ issue-802 151 18 journal journal PROPN issue-802 151 19 of of ADP issue-802 151 20 economic economic ADJ issue-802 151 21 studies study NOUN issue-802 151 22 113 113 NUM issue-802 151 23 vol vol NOUN issue-802 151 24 . . PROPN issue-802 152 1 6 6 NUM issue-802 152 2 , , PUNCT issue-802 152 3 no no INTJ issue-802 152 4 . . NOUN issue-802 152 5 2 2 NUM issue-802 152 6 , , PUNCT issue-802 152 7 2020 2020 NUM issue-802 152 8 development development NOUN issue-802 152 9 , , PUNCT issue-802 152 10 integration integration NOUN issue-802 152 11 and and CCONJ issue-802 152 12 cooperation cooperation NOUN issue-802 152 13 through through ADP issue-802 152 14 the the DET issue-802 152 15 provision provision NOUN issue-802 152 16 of of ADP issue-802 152 17 investment investment NOUN issue-802 152 18 loans loan NOUN issue-802 152 19 . . PUNCT issue-802 153 1 in in ADP issue-802 153 2 the the DET issue-802 153 3 economic economic ADJ issue-802 153 4 sphere sphere NOUN issue-802 153 5 , , PUNCT issue-802 153 6 the the DET issue-802 153 7 european european PROPN issue-802 153 8 union union PROPN issue-802 153 9 develops develop VERB issue-802 153 10 towards towards ADP issue-802 153 11 the the DET issue-802 153 12 creation creation NOUN issue-802 153 13 of of ADP issue-802 153 14 a a DET issue-802 153 15 single single ADJ issue-802 153 16 internal internal ADJ issue-802 153 17 market market NOUN issue-802 153 18 , , PUNCT issue-802 153 19 a a DET issue-802 153 20 single single ADJ issue-802 153 21 banking banking NOUN issue-802 153 22 system system NOUN issue-802 153 23 and and CCONJ issue-802 153 24 a a DET issue-802 153 25 common common ADJ issue-802 153 26 currency currency NOUN issue-802 153 27 . . PUNCT issue-802 154 1 the the DET issue-802 154 2 cooperation cooperation NOUN issue-802 154 3 of of ADP issue-802 154 4 ukraine ukraine NOUN issue-802 154 5 with with ADP issue-802 154 6 international international ADJ issue-802 154 7 financial financial ADJ issue-802 154 8 organizations organization NOUN issue-802 154 9 is be AUX issue-802 154 10 carried carry VERB issue-802 154 11 out out ADP issue-802 154 12 in in ADP issue-802 154 13 accordance accordance NOUN issue-802 154 14 with with ADP issue-802 154 15 the the DET issue-802 154 16 statutory statutory ADJ issue-802 154 17 documents document NOUN issue-802 154 18 of of ADP issue-802 154 19 these these DET issue-802 154 20 organizations organization NOUN issue-802 154 21 , , PUNCT issue-802 154 22 international international ADJ issue-802 154 23 treaties treaty NOUN issue-802 154 24 of of ADP issue-802 154 25 ukraine ukraine NOUN issue-802 154 26 , , PUNCT issue-802 154 27 in in ADP issue-802 154 28 accordance accordance NOUN issue-802 154 29 with with ADP issue-802 154 30 the the DET issue-802 154 31 legislation legislation NOUN issue-802 154 32 in in ADP issue-802 154 33 order order NOUN issue-802 154 34 to to PART issue-802 154 35 obtain obtain VERB issue-802 154 36 external external ADJ issue-802 154 37 financial financial ADJ issue-802 154 38 resources resource NOUN issue-802 154 39 for for ADP issue-802 154 40 the the DET issue-802 154 41 implementation implementation NOUN issue-802 154 42 of of ADP issue-802 154 43 systemic systemic ADJ issue-802 154 44 and and CCONJ issue-802 154 45 investment investment NOUN issue-802 154 46 projects project NOUN issue-802 154 47 . . PUNCT issue-802 155 1 thus thus ADV issue-802 155 2 , , PUNCT issue-802 155 3 the the DET issue-802 155 4 international international ADJ issue-802 155 5 finance finance NOUN issue-802 155 6 corporation corporation NOUN issue-802 155 7 provides provide VERB issue-802 155 8 advisory advisory ADJ issue-802 155 9 and and CCONJ issue-802 155 10 technical technical ADJ issue-802 155 11 assistance assistance NOUN issue-802 155 12 to to ADP issue-802 155 13 ukraine ukraine NOUN issue-802 155 14 in in ADP issue-802 155 15 its its PRON issue-802 155 16 investment investment NOUN issue-802 155 17 activities activity NOUN issue-802 155 18 . . PUNCT issue-802 156 1 ifc ifc NOUN issue-802 156 2 implements implement VERB issue-802 156 3 such such ADJ issue-802 156 4 technical technical ADJ issue-802 156 5 support support NOUN issue-802 156 6 projects project NOUN issue-802 156 7 as as ADP issue-802 156 8 : : PUNCT issue-802 156 9 privatization privatization NOUN issue-802 156 10 of of ADP issue-802 156 11 property property NOUN issue-802 156 12 of of ADP issue-802 156 13 nonstate nonstate ADJ issue-802 156 14 agricultural agricultural ADJ issue-802 156 15 enterprises enterprise NOUN issue-802 156 16 and and CCONJ issue-802 156 17 land land NOUN issue-802 156 18 , , PUNCT issue-802 156 19 development development NOUN issue-802 156 20 of of ADP issue-802 156 21 private private ADJ issue-802 156 22 enterprise enterprise NOUN issue-802 156 23 , , PUNCT issue-802 156 24 reform reform NOUN issue-802 156 25 of of ADP issue-802 156 26 agricultural agricultural ADJ issue-802 156 27 enterprises enterprise NOUN issue-802 156 28 . . PUNCT issue-802 157 1 at at ADP issue-802 157 2 the the DET issue-802 157 3 macroeconomic macroeconomic ADJ issue-802 157 4 level level NOUN issue-802 157 5 , , PUNCT issue-802 157 6 systematic systematic ADJ issue-802 157 7 projects project NOUN issue-802 157 8 aimed aim VERB issue-802 157 9 at at ADP issue-802 157 10 conducting conduct VERB issue-802 157 11 economic economic ADJ issue-802 157 12 reforms reform NOUN issue-802 157 13 in in ADP issue-802 157 14 ukraine ukraine NOUN issue-802 157 15 are be AUX issue-802 157 16 being be AUX issue-802 157 17 implemented implement VERB issue-802 157 18 . . PUNCT issue-802 158 1 investment investment NOUN issue-802 158 2 projects project NOUN issue-802 158 3 aimed aim VERB issue-802 158 4 at at ADP issue-802 158 5 the the DET issue-802 158 6 development development NOUN issue-802 158 7 of of ADP issue-802 158 8 individual individual ADJ issue-802 158 9 industries industry NOUN issue-802 158 10 , , PUNCT issue-802 158 11 sectors sector NOUN issue-802 158 12 of of ADP issue-802 158 13 the the DET issue-802 158 14 economy economy NOUN issue-802 158 15 , , PUNCT issue-802 158 16 production production NOUN issue-802 158 17 are be AUX issue-802 158 18 carried carry VERB issue-802 158 19 out out ADP issue-802 158 20 on on ADP issue-802 158 21 the the DET issue-802 158 22 principles principle NOUN issue-802 158 23 of of ADP issue-802 158 24 financing financing NOUN issue-802 158 25 under under ADP issue-802 158 26 conditions condition NOUN issue-802 158 27 of of ADP issue-802 158 28 self self NOUN issue-802 158 29 - - PUNCT issue-802 158 30 payment payment NOUN issue-802 158 31 and and CCONJ issue-802 158 32 obligatory obligatory ADJ issue-802 158 33 internal internal ADJ issue-802 158 34 self self NOUN issue-802 158 35 - - PUNCT issue-802 158 36 financing financing NOUN issue-802 158 37 . . PUNCT issue-802 159 1 at at ADP issue-802 159 2 the the DET issue-802 159 3 level level NOUN issue-802 159 4 of of ADP issue-802 159 5 individual individual ADJ issue-802 159 6 countries country NOUN issue-802 159 7 , , PUNCT issue-802 159 8 the the DET issue-802 159 9 export export NOUN issue-802 159 10 ( ( PUNCT issue-802 159 11 import import NOUN issue-802 159 12 ) ) PUNCT issue-802 159 13 of of ADP issue-802 159 14 private private ADJ issue-802 159 15 and and CCONJ issue-802 159 16 public public ADJ issue-802 159 17 capital capital NOUN issue-802 159 18 is be AUX issue-802 159 19 distinguished distinguish VERB issue-802 159 20 . . PUNCT issue-802 160 1 in in ADP issue-802 160 2 the the DET issue-802 160 3 system system NOUN issue-802 160 4 of of ADP issue-802 160 5 international international ADJ issue-802 160 6 capital capital NOUN issue-802 160 7 movement movement NOUN issue-802 160 8 . . PUNCT issue-802 161 1 in in ADP issue-802 161 2 the the DET issue-802 161 3 system system NOUN issue-802 161 4 of of ADP issue-802 161 5 international international ADJ issue-802 161 6 movement movement NOUN issue-802 161 7 of of ADP issue-802 161 8 capital capital NOUN issue-802 161 9 in in ADP issue-802 161 10 various various ADJ issue-802 161 11 forms form NOUN issue-802 161 12 ( ( PUNCT issue-802 161 13 loans loan NOUN issue-802 161 14 , , PUNCT issue-802 161 15 investments investment NOUN issue-802 161 16 , , PUNCT issue-802 161 17 assistance assistance NOUN issue-802 161 18 ) ) PUNCT issue-802 161 19 , , PUNCT issue-802 161 20 the the DET issue-802 161 21 capital capital NOUN issue-802 161 22 of of ADP issue-802 161 23 international international ADJ issue-802 161 24 organizations organization NOUN issue-802 161 25 and and CCONJ issue-802 161 26 funds fund NOUN issue-802 161 27 and and CCONJ issue-802 161 28 mixed mixed ADJ issue-802 161 29 capital capital NOUN issue-802 161 30 ( ( PUNCT issue-802 161 31 private private ADJ issue-802 161 32 , , PUNCT issue-802 161 33 state state NOUN issue-802 161 34 , , PUNCT issue-802 161 35 international international ADJ issue-802 161 36 organizations organization NOUN issue-802 161 37 ) ) PUNCT issue-802 161 38 also also ADV issue-802 161 39 function function VERB issue-802 161 40 . . PUNCT issue-802 162 1 the the DET issue-802 162 2 basis basis NOUN issue-802 162 3 of of ADP issue-802 162 4 entrepreneurial entrepreneurial ADJ issue-802 162 5 capital capital NOUN issue-802 162 6 as as ADP issue-802 162 7 a a DET issue-802 162 8 form form NOUN issue-802 162 9 of of ADP issue-802 162 10 international international ADJ issue-802 162 11 capital capital NOUN issue-802 162 12 movement movement NOUN issue-802 162 13 is be AUX issue-802 162 14 foreign foreign ADJ issue-802 162 15 direct direct ADJ issue-802 162 16 and and CCONJ issue-802 162 17 portfolio portfolio NOUN issue-802 162 18 investment investment NOUN issue-802 162 19 . . PUNCT issue-802 163 1 4 4 X issue-802 163 2 . . X issue-802 163 3 investments investment NOUN issue-802 163 4 and and CCONJ issue-802 163 5 financial financial ADJ issue-802 163 6 institutions institution NOUN issue-802 163 7 institutional institutional ADJ issue-802 163 8 principles principle NOUN issue-802 163 9 of of ADP issue-802 163 10 regulation regulation NOUN issue-802 163 11 of of ADP issue-802 163 12 investment investment NOUN issue-802 163 13 activity activity NOUN issue-802 163 14 are be AUX issue-802 163 15 carried carry VERB issue-802 163 16 out out ADP issue-802 163 17 both both CCONJ issue-802 163 18 through through ADP issue-802 163 19 the the DET issue-802 163 20 public public ADJ issue-802 163 21 sector sector NOUN issue-802 163 22 of of ADP issue-802 163 23 the the DET issue-802 163 24 economy economy NOUN issue-802 163 25 and and CCONJ issue-802 163 26 through through ADP issue-802 163 27 state state NOUN issue-802 163 28 institutions institution NOUN issue-802 163 29 . . PUNCT issue-802 164 1 the the DET issue-802 164 2 institutional institutional ADJ issue-802 164 3 role role NOUN issue-802 164 4 of of ADP issue-802 164 5 the the DET issue-802 164 6 state state NOUN issue-802 164 7 in in ADP issue-802 164 8 carrying carry VERB issue-802 164 9 out out ADP issue-802 164 10 the the DET issue-802 164 11 functions function NOUN issue-802 164 12 of of ADP issue-802 164 13 state state NOUN issue-802 164 14 regulation regulation NOUN issue-802 164 15 as as ADP issue-802 164 16 a a DET issue-802 164 17 subject subject NOUN issue-802 164 18 of of ADP issue-802 164 19 investment investment NOUN issue-802 164 20 activity activity NOUN issue-802 164 21 is be AUX issue-802 164 22 determined determine VERB issue-802 164 23 through through ADP issue-802 164 24 regulation regulation NOUN issue-802 164 25 of of ADP issue-802 164 26 financial financial ADJ issue-802 164 27 investments investment NOUN issue-802 164 28 , , PUNCT issue-802 164 29 system system NOUN issue-802 164 30 of of ADP issue-802 164 31 taxes taxis NOUN issue-802 164 32 , , PUNCT issue-802 164 33 carrying carry VERB issue-802 164 34 out out ADP issue-802 164 35 of of ADP issue-802 164 36 depreciation depreciation NOUN issue-802 164 37 policy policy NOUN issue-802 164 38 , , PUNCT issue-802 164 39 investing invest VERB issue-802 164 40 outside outside ADP issue-802 164 41 ukraine ukraine NOUN issue-802 164 42 , , PUNCT issue-802 164 43 allocation allocation NOUN issue-802 164 44 of of ADP issue-802 164 45 subsidies subsidy NOUN issue-802 164 46 , , PUNCT issue-802 164 47 subsidies subsidy NOUN issue-802 164 48 , , PUNCT issue-802 164 49 subsidies subsidy NOUN issue-802 164 50 . . PUNCT issue-802 165 1 one one NUM issue-802 165 2 of of ADP issue-802 165 3 the the DET issue-802 165 4 forms form NOUN issue-802 165 5 that that PRON issue-802 165 6 determine determine VERB issue-802 165 7 public public ADJ issue-802 165 8 investment investment NOUN issue-802 165 9 policy policy NOUN issue-802 165 10 is be AUX issue-802 165 11 the the DET issue-802 165 12 investment investment NOUN issue-802 165 13 activity activity NOUN issue-802 165 14 of of ADP issue-802 165 15 financial financial ADJ issue-802 165 16 institutions institution NOUN issue-802 165 17 . . PUNCT issue-802 166 1 financial financial ADJ issue-802 166 2 investments investment NOUN issue-802 166 3 are be AUX issue-802 166 4 investments investment NOUN issue-802 166 5 in in ADP issue-802 166 6 various various ADJ issue-802 166 7 financial financial ADJ issue-802 166 8 instruments instrument NOUN issue-802 166 9 ( ( PUNCT issue-802 166 10 assets asset NOUN issue-802 166 11 ) ) PUNCT issue-802 166 12 . . PUNCT issue-802 167 1 financial financial ADJ issue-802 167 2 investments investment NOUN issue-802 167 3 are be AUX issue-802 167 4 called call VERB issue-802 167 5 portfolio portfolio NOUN issue-802 167 6 investments investment NOUN issue-802 167 7 . . PUNCT issue-802 168 1 investments investment NOUN issue-802 168 2 include include VERB issue-802 168 3 investments investment NOUN issue-802 168 4 in in ADP issue-802 168 5 the the DET issue-802 168 6 development development NOUN issue-802 168 7 of of ADP issue-802 168 8 projects project NOUN issue-802 168 9 , , PUNCT issue-802 168 10 in in ADP issue-802 168 11 the the DET issue-802 168 12 purchase purchase NOUN issue-802 168 13 of of ADP issue-802 168 14 shares share NOUN issue-802 168 15 , , PUNCT issue-802 168 16 bonds bond NOUN issue-802 168 17 and and CCONJ issue-802 168 18 other other ADJ issue-802 168 19 securities security NOUN issue-802 168 20 issued issue VERB issue-802 168 21 by by ADP issue-802 168 22 the the DET issue-802 168 23 state state NOUN issue-802 168 24 or or CCONJ issue-802 168 25 private private ADJ issue-802 168 26 legal legal ADJ issue-802 168 27 entities entity NOUN issue-802 168 28 , , PUNCT issue-802 168 29 targeted target VERB issue-802 168 30 cash cash NOUN issue-802 168 31 deposits deposit NOUN issue-802 168 32 , , PUNCT issue-802 168 33 costs cost NOUN issue-802 168 34 for for ADP issue-802 168 35 the the DET issue-802 168 36 acquisition acquisition NOUN issue-802 168 37 of of ADP issue-802 168 38 securities security NOUN issue-802 168 39 and and CCONJ issue-802 168 40 bank bank NOUN issue-802 168 41 deposits deposit NOUN issue-802 168 42 . . PUNCT issue-802 169 1 investments investment NOUN issue-802 169 2 are be AUX issue-802 169 3 made make VERB issue-802 169 4 during during ADP issue-802 169 5 the the DET issue-802 169 6 sale sale NOUN issue-802 169 7 and and CCONJ issue-802 169 8 purchase purchase NOUN issue-802 169 9 of of ADP issue-802 169 10 securities security NOUN issue-802 169 11 in in ADP issue-802 169 12 the the DET issue-802 169 13 stock stock NOUN issue-802 169 14 market market NOUN issue-802 169 15 . . PUNCT issue-802 170 1 direct direct ADJ issue-802 170 2 investment investment NOUN issue-802 170 3 is be AUX issue-802 170 4 a a DET issue-802 170 5 capital capital NOUN issue-802 170 6 investment investment NOUN issue-802 170 7 driven drive VERB issue-802 170 8 by by ADP issue-802 170 9 long long ADJ issue-802 170 10 - - PUNCT issue-802 170 11 term term NOUN issue-802 170 12 economic economic ADJ issue-802 170 13 interest interest NOUN issue-802 170 14 and and CCONJ issue-802 170 15 provides provide VERB issue-802 170 16 investor investor NOUN issue-802 170 17 control control NOUN issue-802 170 18 over over ADP issue-802 170 19 an an DET issue-802 170 20 investment investment NOUN issue-802 170 21 object object NOUN issue-802 170 22 in in ADP issue-802 170 23 order order NOUN issue-802 170 24 to to PART issue-802 170 25 generate generate VERB issue-802 170 26 entrepreneurial entrepreneurial ADJ issue-802 170 27 profit profit NOUN issue-802 170 28 ( ( PUNCT issue-802 170 29 income income NOUN issue-802 170 30 ) ) PUNCT issue-802 170 31 . . PUNCT issue-802 171 1 direct direct ADJ issue-802 171 2 investment investment NOUN issue-802 171 3 is be AUX issue-802 171 4 both both DET issue-802 171 5 initial initial ADJ issue-802 171 6 investment investment NOUN issue-802 171 7 and and CCONJ issue-802 171 8 reinvestment reinvestment NOUN issue-802 171 9 ( ( PUNCT issue-802 171 10 the the DET issue-802 171 11 share share NOUN issue-802 171 12 of of ADP issue-802 171 13 the the DET issue-802 171 14 investment investment NOUN issue-802 171 15 entity entity NOUN issue-802 171 16 's 's PART issue-802 171 17 profit profit NOUN issue-802 171 18 that that PRON issue-802 171 19 is be AUX issue-802 171 20 neither neither CCONJ issue-802 171 21 distributed distribute VERB issue-802 171 22 nor nor CCONJ issue-802 171 23 made make VERB issue-802 171 24 to to ADP issue-802 171 25 the the DET issue-802 171 26 direct direct ADJ issue-802 171 27 investor investor NOUN issue-802 171 28 ) ) PUNCT issue-802 171 29 . . PUNCT issue-802 172 1 in in ADP issue-802 172 2 addition addition NOUN issue-802 172 3 , , PUNCT issue-802 172 4 direct direct ADJ issue-802 172 5 investment investment NOUN issue-802 172 6 includes include VERB issue-802 172 7 all all DET issue-802 172 8 intra intra ADJ issue-802 172 9 - - ADJ issue-802 172 10 corporate corporate ADJ issue-802 172 11 transfers transfer NOUN issue-802 172 12 of of ADP issue-802 172 13 capital capital NOUN issue-802 172 14 in in ADP issue-802 172 15 the the DET issue-802 172 16 form form NOUN issue-802 172 17 of of ADP issue-802 172 18 loans loan NOUN issue-802 172 19 and and CCONJ issue-802 172 20 loans loan NOUN issue-802 172 21 between between ADP issue-802 172 22 the the DET issue-802 172 23 direct direct ADJ issue-802 172 24 investor investor NOUN issue-802 172 25 and and CCONJ issue-802 172 26 the the DET issue-802 172 27 affiliates affiliate NOUN issue-802 172 28 , , PUNCT issue-802 172 29 subsidiaries subsidiary NOUN issue-802 172 30 and and CCONJ issue-802 172 31 associates associate NOUN issue-802 172 32 . . PUNCT issue-802 173 1 in in ADP issue-802 173 2 world world NOUN issue-802 173 3 economic economic ADJ issue-802 173 4 practice practice NOUN issue-802 173 5 , , PUNCT issue-802 173 6 a a DET issue-802 173 7 subsidiary subsidiary NOUN issue-802 173 8 is be AUX issue-802 173 9 a a DET issue-802 173 10 whollyowned whollyowned ADJ issue-802 173 11 subsidiary subsidiary NOUN issue-802 173 12 . . PUNCT issue-802 174 1 in in ADP issue-802 174 2 a a DET issue-802 174 3 subsidiary subsidiary NOUN issue-802 174 4 , , PUNCT issue-802 174 5 a a DET issue-802 174 6 non non ADJ issue-802 174 7 - - ADJ issue-802 174 8 resident resident ADJ issue-802 174 9 direct direct ADJ issue-802 174 10 investor investor NOUN issue-802 174 11 holds hold VERB issue-802 174 12 more more ADJ issue-802 174 13 than than ADP issue-802 174 14 50 50 NUM issue-802 174 15 % % NOUN issue-802 174 16 of of ADP issue-802 174 17 the the DET issue-802 174 18 capital capital NOUN issue-802 174 19 and and CCONJ issue-802 174 20 in in ADP issue-802 174 21 an an DET issue-802 174 22 associate associate NOUN issue-802 174 23 less less ADJ issue-802 174 24 than than ADP issue-802 174 25 50 50 NUM issue-802 174 26 % % NOUN issue-802 174 27 ( ( PUNCT issue-802 174 28 krzanowski krzanowski NOUN issue-802 174 29 , , PUNCT issue-802 174 30 2012 2012 NUM issue-802 174 31 ) ) PUNCT issue-802 174 32 . . PUNCT issue-802 175 1 portfolio portfolio NOUN issue-802 175 2 investments investment NOUN issue-802 175 3 is be AUX issue-802 175 4 the the DET issue-802 175 5 investing investing NOUN issue-802 175 6 in in ADP issue-802 175 7 securities security NOUN issue-802 175 8 for for ADP issue-802 175 9 profit profit NOUN issue-802 175 10 ( ( PUNCT issue-802 175 11 dividends dividend NOUN issue-802 175 12 ) ) PUNCT issue-802 175 13 . . PUNCT issue-802 176 1 such such ADJ issue-802 176 2 investments investment NOUN issue-802 176 3 do do AUX issue-802 176 4 not not PART issue-802 176 5 provide provide VERB issue-802 176 6 real real ADJ issue-802 176 7 control control NOUN issue-802 176 8 of of ADP issue-802 176 9 the the DET issue-802 176 10 investor investor NOUN issue-802 176 11 on on ADP issue-802 176 12 the the DET issue-802 176 13 investment investment NOUN issue-802 176 14 object object NOUN issue-802 176 15 . . PUNCT issue-802 177 1 the the DET issue-802 177 2 quantitative quantitative ADJ issue-802 177 3 criterion criterion NOUN issue-802 177 4 for for ADP issue-802 177 5 the the DET issue-802 177 6 distinction distinction NOUN issue-802 177 7 between between ADP issue-802 177 8 direct direct ADJ issue-802 177 9 and and CCONJ issue-802 177 10 portfolio portfolio NOUN issue-802 177 11 investment investment NOUN issue-802 177 12 in in ADP issue-802 177 13 a a DET issue-802 177 14 developed develop VERB issue-802 177 15 market market NOUN issue-802 177 16 economy economy NOUN issue-802 177 17 is be AUX issue-802 177 18 considered consider VERB issue-802 177 19 to to PART issue-802 177 20 be be AUX issue-802 177 21 10 10 NUM issue-802 177 22 % % NOUN issue-802 177 23 of of ADP issue-802 177 24 the the DET issue-802 177 25 investment investment NOUN issue-802 177 26 object object NOUN issue-802 177 27 . . PUNCT issue-802 178 1 however however ADV issue-802 178 2 , , PUNCT issue-802 178 3 an an DET issue-802 178 4 investment investment NOUN issue-802 178 5 may may AUX issue-802 178 6 be be AUX issue-802 178 7 a a DET issue-802 178 8 direct direct ADJ issue-802 178 9 investment investment NOUN issue-802 178 10 with with ADP issue-802 178 11 a a DET issue-802 178 12 smaller small ADJ issue-802 178 13 participation participation NOUN issue-802 178 14 rate rate NOUN issue-802 178 15 , , PUNCT issue-802 178 16 but but CCONJ issue-802 178 17 it it PRON issue-802 178 18 has have VERB issue-802 178 19 a a DET issue-802 178 20 real real ADJ issue-802 178 21 impact impact NOUN issue-802 178 22 on on ADP issue-802 178 23 the the DET issue-802 178 24 decision decision NOUN issue-802 178 25 making making NOUN issue-802 178 26 of of ADP issue-802 178 27 the the DET issue-802 178 28 investee investee NOUN issue-802 178 29 . . PUNCT issue-802 179 1 conversely conversely ADV issue-802 179 2 , , PUNCT issue-802 179 3 if if SCONJ issue-802 179 4 the the DET issue-802 179 5 investor investor NOUN issue-802 179 6 's 's PART issue-802 179 7 share share NOUN issue-802 179 8 is be AUX issue-802 179 9 more more ADJ issue-802 179 10 than than ADP issue-802 179 11 10 10 NUM issue-802 179 12 % % NOUN issue-802 179 13 , , PUNCT issue-802 179 14 but but CCONJ issue-802 179 15 he he PRON issue-802 179 16 has have VERB issue-802 179 17 no no DET issue-802 179 18 real real ADJ issue-802 179 19 control control NOUN issue-802 179 20 over over ADP issue-802 179 21 the the DET issue-802 179 22 object object NOUN issue-802 179 23 , , PUNCT issue-802 179 24 then then ADV issue-802 179 25 the the DET issue-802 179 26 corresponding corresponding ADJ issue-802 179 27 investment investment NOUN issue-802 179 28 is be AUX issue-802 179 29 not not PART issue-802 179 30 recognized recognize VERB issue-802 179 31 as as ADP issue-802 179 32 direct direct ADJ issue-802 179 33 . . PUNCT issue-802 180 1 an an DET issue-802 180 2 investment investment NOUN issue-802 180 3 portfolio portfolio NOUN issue-802 180 4 is be AUX issue-802 180 5 a a DET issue-802 180 6 purposefully purposefully ADV issue-802 180 7 formed form VERB issue-802 180 8 set set NOUN issue-802 180 9 of of ADP issue-802 180 10 financial financial ADJ issue-802 180 11 and and CCONJ issue-802 180 12 real real ADJ issue-802 180 13 - - PUNCT issue-802 180 14 estate estate NOUN issue-802 180 15 investment investment NOUN issue-802 180 16 assets asset NOUN issue-802 180 17 that that PRON issue-802 180 18 are be AUX issue-802 180 19 designated designate VERB issue-802 180 20 to to PART issue-802 180 21 implement implement VERB issue-802 180 22 a a DET issue-802 180 23 pre pre ADJ issue-802 180 24 - - ADJ issue-802 180 25 developed developed ADJ issue-802 180 26 strategy strategy NOUN issue-802 180 27 in in ADP issue-802 180 28 accordance accordance NOUN issue-802 180 29 with with ADP issue-802 180 30 the the DET issue-802 180 31 investment investment NOUN issue-802 180 32 objectives objective NOUN issue-802 180 33 defined define VERB issue-802 180 34 in in ADP issue-802 180 35 that that DET issue-802 180 36 strategy strategy NOUN issue-802 180 37 . . PUNCT issue-802 181 1 the the DET issue-802 181 2 implementation implementation NOUN issue-802 181 3 of of ADP issue-802 181 4 the the DET issue-802 181 5 investment investment NOUN issue-802 181 6 strategy strategy NOUN issue-802 181 7 in in ADP issue-802 181 8 accordance accordance NOUN issue-802 181 9 with with ADP issue-802 181 10 the the DET issue-802 181 11 objectives objective NOUN issue-802 181 12 is be AUX issue-802 181 13 achieved achieve VERB issue-802 181 14 by by ADP issue-802 181 15 selecting select VERB issue-802 181 16 the the DET issue-802 181 17 most most ADV issue-802 181 18 effective effective ADJ issue-802 181 19 and and CCONJ issue-802 181 20 secure secure VERB issue-802 181 21 financial financial ADJ issue-802 181 22 instruments instrument NOUN issue-802 181 23 in in ADP issue-802 181 24 the the DET issue-802 181 25 portfolio portfolio NOUN issue-802 181 26 . . PUNCT issue-802 182 1 basically basically ADV issue-802 182 2 , , PUNCT issue-802 182 3 their their PRON issue-802 182 4 theory theory NOUN issue-802 182 5 is be AUX issue-802 182 6 based base VERB issue-802 182 7 on on ADP issue-802 182 8 investing invest VERB issue-802 182 9 in in ADP issue-802 182 10 financial financial ADJ issue-802 182 11 instruments instrument NOUN issue-802 182 12 such such ADJ issue-802 182 13 as as ADP issue-802 182 14 securities security NOUN issue-802 182 15 . . PUNCT issue-802 183 1 however however ADV issue-802 183 2 , , PUNCT issue-802 183 3 under under ADP issue-802 183 4 the the DET issue-802 183 5 present present ADJ issue-802 183 6 circumstances circumstance NOUN issue-802 183 7 , , PUNCT issue-802 183 8 a a DET issue-802 183 9 portfolio portfolio NOUN issue-802 183 10 can can AUX issue-802 183 11 be be AUX issue-802 183 12 formed form VERB issue-802 183 13 either either CCONJ issue-802 183 14 as as ADP issue-802 183 15 a a DET issue-802 183 16 combination combination NOUN issue-802 183 17 of of ADP issue-802 183 18 a a DET issue-802 183 19 certain certain ADJ issue-802 183 20 amount amount NOUN issue-802 183 21 of of ADP issue-802 183 22 real real ADJ issue-802 183 23 or or CCONJ issue-802 183 24 financial financial ADJ issue-802 183 25 investment investment NOUN issue-802 183 26 , , PUNCT issue-802 183 27 or or CCONJ issue-802 183 28 at at ADP issue-802 183 29 the the DET issue-802 183 30 expense expense NOUN issue-802 183 31 of of ADP issue-802 183 32 a a DET issue-802 183 33 certain certain ADJ issue-802 183 34 type type NOUN issue-802 183 35 of of ADP issue-802 183 36 financial financial ADJ issue-802 183 37 instruments instrument NOUN issue-802 183 38 . . PUNCT issue-802 184 1 that that PRON issue-802 184 2 is is ADV issue-802 184 3 , , PUNCT issue-802 184 4 the the DET issue-802 184 5 subjects subject NOUN issue-802 184 6 of of ADP issue-802 184 7 investment investment NOUN issue-802 184 8 activity activity NOUN issue-802 184 9 are be AUX issue-802 184 10 conditioned condition VERB issue-802 184 11 to to PART issue-802 184 12 be be AUX issue-802 184 13 able able ADJ issue-802 184 14 to to PART issue-802 184 15 form form VERB issue-802 184 16 investment investment NOUN issue-802 184 17 portfolios portfolio NOUN issue-802 184 18 of of ADP issue-802 184 19 a a DET issue-802 184 20 certain certain ADJ issue-802 184 21 type type NOUN issue-802 184 22 ( ( PUNCT issue-802 184 23 types type NOUN issue-802 184 24 ) ) PUNCT issue-802 184 25 ( ( PUNCT issue-802 184 26 sharpe sharpe NOUN issue-802 184 27 , , PUNCT issue-802 184 28 1999 1999 NUM issue-802 184 29 ) ) PUNCT issue-802 184 30 . . PUNCT issue-802 185 1 in in ADP issue-802 185 2 the the DET issue-802 185 3 world world NOUN issue-802 185 4 practice practice NOUN issue-802 185 5 of of ADP issue-802 185 6 commercial commercial ADJ issue-802 185 7 banks bank NOUN issue-802 185 8 , , PUNCT issue-802 185 9 credit credit NOUN issue-802 185 10 ( ( PUNCT issue-802 185 11 loan loan NOUN issue-802 185 12 ) ) PUNCT issue-802 185 13 and and CCONJ issue-802 185 14 securities security NOUN issue-802 185 15 portfolios portfolio NOUN issue-802 185 16 have have VERB issue-802 185 17 much much ADJ issue-802 185 18 in in ADP issue-802 185 19 common common ADJ issue-802 185 20 . . PUNCT issue-802 186 1 first first ADV issue-802 186 2 of of ADP issue-802 186 3 all all PRON issue-802 186 4 , , PUNCT issue-802 186 5 these these PRON issue-802 186 6 are be AUX issue-802 186 7 the the DET issue-802 186 8 most most ADV issue-802 186 9 important important ADJ issue-802 186 10 types type NOUN issue-802 186 11 of of ADP issue-802 186 12 banking banking NOUN issue-802 186 13 activities activity NOUN issue-802 186 14 aimed aim VERB issue-802 186 15 at at ADP issue-802 186 16 launching launch VERB issue-802 186 17 own own ADJ issue-802 186 18 resources resource NOUN issue-802 186 19 for for ADP issue-802 186 20 profit profit NOUN issue-802 186 21 . . PUNCT issue-802 187 1 the the DET issue-802 187 2 main main ADJ issue-802 187 3 criterion criterion NOUN issue-802 187 4 in in ADP issue-802 187 5 the the DET issue-802 187 6 formation formation NOUN issue-802 187 7 and and CCONJ issue-802 187 8 further further ADJ issue-802 187 9 functioning function VERB issue-802 187 10 of of ADP issue-802 187 11 both both DET issue-802 187 12 types type NOUN issue-802 187 13 of of ADP issue-802 187 14 portfolios portfolio NOUN issue-802 187 15 is be AUX issue-802 187 16 their their PRON issue-802 187 17 profitability profitability NOUN issue-802 187 18 , , PUNCT issue-802 187 19 and and CCONJ issue-802 187 20 since since SCONJ issue-802 187 21 lending lending NOUN issue-802 187 22 and and CCONJ issue-802 187 23 investment investment NOUN issue-802 187 24 transactions transaction NOUN issue-802 187 25 are be AUX issue-802 187 26 the the DET issue-802 187 27 most most ADV issue-802 187 28 profitable profitable ADJ issue-802 187 29 in in ADP issue-802 187 30 banking banking NOUN issue-802 187 31 , , PUNCT issue-802 187 32 they they PRON issue-802 187 33 have have VERB issue-802 187 34 the the DET issue-802 187 35 highest high ADJ issue-802 187 36 share share NOUN issue-802 187 37 in in ADP issue-802 187 38 the the DET issue-802 187 39 assets asset NOUN issue-802 187 40 of of ADP issue-802 187 41 a a DET issue-802 187 42 commercial commercial ADJ issue-802 187 43 bank bank NOUN issue-802 187 44 . . PUNCT issue-802 188 1 however however ADV issue-802 188 2 , , PUNCT issue-802 188 3 the the DET issue-802 188 4 ownership ownership NOUN issue-802 188 5 of of ADP issue-802 188 6 these these DET issue-802 188 7 assets asset NOUN issue-802 188 8 to to ADP issue-802 188 9 different different ADJ issue-802 188 10 portfolios portfolio NOUN issue-802 188 11 is be AUX issue-802 188 12 explained explain VERB issue-802 188 13 by by ADP issue-802 188 14 their their PRON issue-802 188 15 significant significant ADJ issue-802 188 16 differences difference NOUN issue-802 188 17 . . PUNCT issue-802 189 1 baltic baltic PROPN issue-802 189 2 journal journal PROPN issue-802 189 3 of of ADP issue-802 189 4 economic economic ADJ issue-802 189 5 studies study NOUN issue-802 189 6 114 114 NUM issue-802 189 7 vol vol NOUN issue-802 189 8 . . PROPN issue-802 190 1 6 6 NUM issue-802 190 2 , , PUNCT issue-802 190 3 no no INTJ issue-802 190 4 . . NOUN issue-802 190 5 2 2 NUM issue-802 190 6 , , PUNCT issue-802 190 7 2020 2020 NUM issue-802 190 8 loan loan NOUN issue-802 190 9 is be AUX issue-802 190 10 an an DET issue-802 190 11 investment investment NOUN issue-802 190 12 for for ADP issue-802 190 13 a a DET issue-802 190 14 relatively relatively ADV issue-802 190 15 short short ADJ issue-802 190 16 period period NOUN issue-802 190 17 of of ADP issue-802 190 18 time time NOUN issue-802 190 19 , , PUNCT issue-802 190 20 subject subject ADJ issue-802 190 21 to to ADP issue-802 190 22 their their PRON issue-802 190 23 repayment repayment NOUN issue-802 190 24 or or CCONJ issue-802 190 25 equivalent equivalent ADJ issue-802 190 26 , , PUNCT issue-802 190 27 in in ADP issue-802 190 28 excess excess NOUN issue-802 190 29 of of ADP issue-802 190 30 the the DET issue-802 190 31 original original ADJ issue-802 190 32 amount amount NOUN issue-802 190 33 of of ADP issue-802 190 34 interest interest NOUN issue-802 190 35 on on ADP issue-802 190 36 the the DET issue-802 190 37 loan loan NOUN issue-802 190 38 . . PUNCT issue-802 191 1 investing investing NOUN issue-802 191 2 , , PUNCT issue-802 191 3 unlike unlike ADP issue-802 191 4 a a DET issue-802 191 5 loan loan NOUN issue-802 191 6 , , PUNCT issue-802 191 7 is be AUX issue-802 191 8 the the DET issue-802 191 9 use use NOUN issue-802 191 10 of of ADP issue-802 191 11 money money NOUN issue-802 191 12 to to PART issue-802 191 13 make make VERB issue-802 191 14 a a DET issue-802 191 15 profit profit NOUN issue-802 191 16 over over ADP issue-802 191 17 a a DET issue-802 191 18 long long ADJ issue-802 191 19 period period NOUN issue-802 191 20 of of ADP issue-802 191 21 time time NOUN issue-802 191 22 , , PUNCT issue-802 191 23 until until ADP issue-802 191 24 the the DET issue-802 191 25 time time NOUN issue-802 191 26 when when SCONJ issue-802 191 27 the the DET issue-802 191 28 investment investment NOUN issue-802 191 29 is be AUX issue-802 191 30 returned return VERB issue-802 191 31 to to ADP issue-802 191 32 the the DET issue-802 191 33 bank bank NOUN issue-802 191 34 . . PUNCT issue-802 192 1 the the DET issue-802 192 2 portfolio portfolio NOUN issue-802 192 3 of of ADP issue-802 192 4 real real ADJ issue-802 192 5 investments investment NOUN issue-802 192 6 can can AUX issue-802 192 7 be be AUX issue-802 192 8 considered consider VERB issue-802 192 9 as as ADP issue-802 192 10 a a DET issue-802 192 11 certain certain ADJ issue-802 192 12 type type NOUN issue-802 192 13 of of ADP issue-802 192 14 investment investment NOUN issue-802 192 15 portfolio portfolio NOUN issue-802 192 16 , , PUNCT issue-802 192 17 which which PRON issue-802 192 18 can can AUX issue-802 192 19 be be AUX issue-802 192 20 formed form VERB issue-802 192 21 by by ADP issue-802 192 22 separate separate ADJ issue-802 192 23 entities entity NOUN issue-802 192 24 of of ADP issue-802 192 25 investment investment NOUN issue-802 192 26 activity activity NOUN issue-802 192 27 : : PUNCT issue-802 192 28 corporations corporation NOUN issue-802 192 29 , , PUNCT issue-802 192 30 investment investment NOUN issue-802 192 31 funds fund NOUN issue-802 192 32 and and CCONJ issue-802 192 33 companies company NOUN issue-802 192 34 . . PUNCT issue-802 193 1 the the DET issue-802 193 2 principle principle NOUN issue-802 193 3 of of ADP issue-802 193 4 compliance compliance NOUN issue-802 193 5 of of ADP issue-802 193 6 the the DET issue-802 193 7 portfolio portfolio NOUN issue-802 193 8 with with ADP issue-802 193 9 the the DET issue-802 193 10 investment investment NOUN issue-802 193 11 strategies strategy NOUN issue-802 193 12 of of ADP issue-802 193 13 the the DET issue-802 193 14 company company NOUN issue-802 193 15 involves involve VERB issue-802 193 16 involvement involvement NOUN issue-802 193 17 in in ADP issue-802 193 18 the the DET issue-802 193 19 portfolio portfolio NOUN issue-802 193 20 of of ADP issue-802 193 21 such such ADJ issue-802 193 22 projects project NOUN issue-802 193 23 , , PUNCT issue-802 193 24 which which PRON issue-802 193 25 should should AUX issue-802 193 26 ensure ensure VERB issue-802 193 27 the the DET issue-802 193 28 investor investor NOUN issue-802 193 29 realizes realize VERB issue-802 193 30 its its PRON issue-802 193 31 strategic strategic ADJ issue-802 193 32 goals goal NOUN issue-802 193 33 . . PUNCT issue-802 194 1 the the DET issue-802 194 2 portfolio portfolio NOUN issue-802 194 3 of of ADP issue-802 194 4 real real ADJ issue-802 194 5 projects project NOUN issue-802 194 6 is be AUX issue-802 194 7 formed form VERB issue-802 194 8 , , PUNCT issue-802 194 9 in in ADP issue-802 194 10 the the DET issue-802 194 11 vast vast ADJ issue-802 194 12 majority majority NOUN issue-802 194 13 , , PUNCT issue-802 194 14 by by ADP issue-802 194 15 medium medium ADJ issue-802 194 16 – – PUNCT issue-802 194 17 and and CCONJ issue-802 194 18 long long ADJ issue-802 194 19 - - PUNCT issue-802 194 20 term term NOUN issue-802 194 21 investments investment NOUN issue-802 194 22 . . PUNCT issue-802 195 1 in in ADP issue-802 195 2 some some DET issue-802 195 3 cases case NOUN issue-802 195 4 , , PUNCT issue-802 195 5 the the DET issue-802 195 6 portfolio portfolio NOUN issue-802 195 7 may may AUX issue-802 195 8 include include VERB issue-802 195 9 short short ADJ issue-802 195 10 - - PUNCT issue-802 195 11 term term NOUN issue-802 195 12 projects project NOUN issue-802 195 13 – – PUNCT issue-802 195 14 the the DET issue-802 195 15 acquisition acquisition NOUN issue-802 195 16 of of ADP issue-802 195 17 businesses business NOUN issue-802 195 18 and and CCONJ issue-802 195 19 industries industry NOUN issue-802 195 20 , , PUNCT issue-802 195 21 equipment equipment NOUN issue-802 195 22 that that PRON issue-802 195 23 does do AUX issue-802 195 24 not not PART issue-802 195 25 require require VERB issue-802 195 26 installation installation NOUN issue-802 195 27 , , PUNCT issue-802 195 28 unfinished unfinished ADJ issue-802 195 29 objects object NOUN issue-802 195 30 , , PUNCT issue-802 195 31 other other ADJ issue-802 195 32 real real ADJ issue-802 195 33 estate estate NOUN issue-802 195 34 . . PUNCT issue-802 196 1 short short ADJ issue-802 196 2 - - PUNCT issue-802 196 3 term term NOUN issue-802 196 4 real real ADJ issue-802 196 5 investments investment NOUN issue-802 196 6 include include VERB issue-802 196 7 enterprises enterprise NOUN issue-802 196 8 with with ADP issue-802 196 9 a a DET issue-802 196 10 maturity maturity NOUN issue-802 196 11 of of ADP issue-802 196 12 less less ADJ issue-802 196 13 than than ADP issue-802 196 14 one one NUM issue-802 196 15 year year NOUN issue-802 196 16 . . PUNCT issue-802 197 1 in in ADP issue-802 197 2 accordance accordance NOUN issue-802 197 3 with with ADP issue-802 197 4 the the DET issue-802 197 5 objectives objective NOUN issue-802 197 6 of of ADP issue-802 197 7 investing invest VERB issue-802 197 8 in in ADP issue-802 197 9 the the DET issue-802 197 10 portfolio portfolio NOUN issue-802 197 11 include include VERB issue-802 197 12 equity equity NOUN issue-802 197 13 instruments instrument NOUN issue-802 197 14 , , PUNCT issue-802 197 15 investing invest VERB issue-802 197 16 in in ADP issue-802 197 17 which which PRON issue-802 197 18 has have VERB issue-802 197 19 a a DET issue-802 197 20 different different ADJ issue-802 197 21 purpose purpose NOUN issue-802 197 22 and and CCONJ issue-802 197 23 the the DET issue-802 197 24 formation formation NOUN issue-802 197 25 of of ADP issue-802 197 26 which which PRON issue-802 197 27 is be AUX issue-802 197 28 influenced influence VERB issue-802 197 29 by by ADP issue-802 197 30 many many ADJ issue-802 197 31 both both CCONJ issue-802 197 32 subjective subjective ADJ issue-802 197 33 and and CCONJ issue-802 197 34 objective objective ADJ issue-802 197 35 factors factor NOUN issue-802 197 36 , , PUNCT issue-802 197 37 in in ADP issue-802 197 38 particular particular ADJ issue-802 197 39 : : PUNCT issue-802 197 40 – – PUNCT issue-802 197 41 investor investor NOUN issue-802 197 42 's 's PART issue-802 197 43 financial financial ADJ issue-802 197 44 capabilities capability NOUN issue-802 197 45 ( ( PUNCT issue-802 197 46 internal internal ADJ issue-802 197 47 source source NOUN issue-802 197 48 of of ADP issue-802 197 49 financing financing NOUN issue-802 197 50 ) ) PUNCT issue-802 197 51 ; ; PUNCT issue-802 197 52 – – PUNCT issue-802 197 53 opportunities opportunity NOUN issue-802 197 54 for for ADP issue-802 197 55 attracting attract VERB issue-802 197 56 external external ADJ issue-802 197 57 sources source NOUN issue-802 197 58 of of ADP issue-802 197 59 financing financing NOUN issue-802 197 60 for for ADP issue-802 197 61 investment investment NOUN issue-802 197 62 purposes purpose NOUN issue-802 197 63 ( ( PUNCT issue-802 197 64 domestic domestic ADJ issue-802 197 65 or or CCONJ issue-802 197 66 foreign foreign ADJ issue-802 197 67 ) ) PUNCT issue-802 197 68 ; ; PUNCT issue-802 197 69 – – PUNCT issue-802 197 70 investment investment NOUN issue-802 197 71 climate climate NOUN issue-802 197 72 in in ADP issue-802 197 73 the the DET issue-802 197 74 country country NOUN issue-802 197 75 ; ; PUNCT issue-802 197 76 – – PUNCT issue-802 197 77 investment investment NOUN issue-802 197 78 market market NOUN issue-802 197 79 conditions condition NOUN issue-802 197 80 ; ; PUNCT issue-802 197 81 – – PUNCT issue-802 197 82 personal personal ADJ issue-802 197 83 qualities quality NOUN issue-802 197 84 of of ADP issue-802 197 85 the the DET issue-802 197 86 investor investor NOUN issue-802 197 87 ( ( PUNCT issue-802 197 88 aggressiveness aggressiveness NOUN issue-802 197 89 of of ADP issue-802 197 90 economic economic ADJ issue-802 197 91 strategy strategy NOUN issue-802 197 92 , , PUNCT issue-802 197 93 tendency tendency NOUN issue-802 197 94 of of ADP issue-802 197 95 the the DET issue-802 197 96 investor investor NOUN issue-802 197 97 to to PART issue-802 197 98 take take VERB issue-802 197 99 risks risk NOUN issue-802 197 100 , , PUNCT issue-802 197 101 ability ability NOUN issue-802 197 102 to to PART issue-802 197 103 effectively effectively ADV issue-802 197 104 manage manage VERB issue-802 197 105 the the DET issue-802 197 106 portfolio portfolio NOUN issue-802 197 107 , , PUNCT issue-802 197 108 ability ability NOUN issue-802 197 109 to to PART issue-802 197 110 react react VERB issue-802 197 111 instantly instantly ADV issue-802 197 112 to to ADP issue-802 197 113 changes change NOUN issue-802 197 114 and and CCONJ issue-802 197 115 make make VERB issue-802 197 116 appropriate appropriate ADJ issue-802 197 117 decisions decision NOUN issue-802 197 118 , , PUNCT issue-802 197 119 etc etc X issue-802 197 120 . . X issue-802 197 121 ) ) PUNCT issue-802 198 1 the the DET issue-802 198 2 motivation motivation NOUN issue-802 198 3 behind behind ADP issue-802 198 4 international international ADJ issue-802 198 5 portfolio portfolio NOUN issue-802 198 6 investment investment NOUN issue-802 198 7 is be AUX issue-802 198 8 generally generally ADV issue-802 198 9 close close ADJ issue-802 198 10 to to ADP issue-802 198 11 that that PRON issue-802 198 12 of of ADP issue-802 198 13 direct direct ADJ issue-802 198 14 investment investment NOUN issue-802 198 15 . . PUNCT issue-802 199 1 however however ADV issue-802 199 2 , , PUNCT issue-802 199 3 despite despite SCONJ issue-802 199 4 the the DET issue-802 199 5 much much ADV issue-802 199 6 higher high ADJ issue-802 199 7 liquidity liquidity NOUN issue-802 199 8 of of ADP issue-802 199 9 portfolio portfolio NOUN issue-802 199 10 investments investment NOUN issue-802 199 11 compared compare VERB issue-802 199 12 to to ADP issue-802 199 13 direct direct ADJ issue-802 199 14 ones one NOUN issue-802 199 15 , , PUNCT issue-802 199 16 the the DET issue-802 199 17 main main ADJ issue-802 199 18 goal goal NOUN issue-802 199 19 of of ADP issue-802 199 20 an an DET issue-802 199 21 investor investor NOUN issue-802 199 22 in in ADP issue-802 199 23 portfolio portfolio NOUN issue-802 199 24 investing investing NOUN issue-802 199 25 is be AUX issue-802 199 26 to to PART issue-802 199 27 seek seek VERB issue-802 199 28 to to PART issue-802 199 29 maximize maximize VERB issue-802 199 30 profit profit NOUN issue-802 199 31 at at ADP issue-802 199 32 an an DET issue-802 199 33 acceptable acceptable ADJ issue-802 199 34 level level NOUN issue-802 199 35 of of ADP issue-802 199 36 risk risk NOUN issue-802 199 37 ( ( PUNCT issue-802 199 38 to to PART issue-802 199 39 place place VERB issue-802 199 40 capital capital NOUN issue-802 199 41 in in ADP issue-802 199 42 certain certain ADJ issue-802 199 43 countries country NOUN issue-802 199 44 and and CCONJ issue-802 199 45 in in ADP issue-802 199 46 certain certain ADJ issue-802 199 47 securities security NOUN issue-802 199 48 ) ) PUNCT issue-802 199 49 . . PUNCT issue-802 200 1 international international ADJ issue-802 200 2 portfolio portfolio NOUN issue-802 200 3 investment investment NOUN issue-802 200 4 requires require VERB issue-802 200 5 its its PRON issue-802 200 6 participants participant NOUN issue-802 200 7 to to PART issue-802 200 8 carry carry VERB issue-802 200 9 out out ADP issue-802 200 10 numerous numerous ADJ issue-802 200 11 securities security NOUN issue-802 200 12 transactions transaction NOUN issue-802 200 13 that that PRON issue-802 200 14 are be AUX issue-802 200 15 not not PART issue-802 200 16 limited limit VERB issue-802 200 17 to to ADP issue-802 200 18 sale sale NOUN issue-802 200 19 and and CCONJ issue-802 200 20 purchase purchase NOUN issue-802 200 21 of of ADP issue-802 200 22 assets asset NOUN issue-802 200 23 . . PUNCT issue-802 201 1 it it PRON issue-802 201 2 is be AUX issue-802 201 3 necessary necessary ADJ issue-802 201 4 to to PART issue-802 201 5 carry carry VERB issue-802 201 6 out out ADP issue-802 201 7 the the DET issue-802 201 8 whole whole ADJ issue-802 201 9 spectrum spectrum NOUN issue-802 201 10 of of ADP issue-802 201 11 operations operation NOUN issue-802 201 12 . . PUNCT issue-802 202 1 here here ADV issue-802 202 2 are be AUX issue-802 202 3 the the DET issue-802 202 4 main main ADJ issue-802 202 5 ones one NOUN issue-802 202 6 : : PUNCT issue-802 202 7 purchase purchase NOUN issue-802 202 8 of of ADP issue-802 202 9 securities security NOUN issue-802 202 10 at at ADP issue-802 202 11 your your PRON issue-802 202 12 own own ADJ issue-802 202 13 expense expense NOUN issue-802 202 14 ; ; PUNCT issue-802 202 15 purchase purchase NOUN issue-802 202 16 of of ADP issue-802 202 17 securities security NOUN issue-802 202 18 on on ADP issue-802 202 19 behalf behalf NOUN issue-802 202 20 and and CCONJ issue-802 202 21 at at ADP issue-802 202 22 the the DET issue-802 202 23 expense expense NOUN issue-802 202 24 of of ADP issue-802 202 25 the the DET issue-802 202 26 customer customer NOUN issue-802 202 27 ; ; PUNCT issue-802 202 28 sale sale NOUN issue-802 202 29 of of ADP issue-802 202 30 own own ADJ issue-802 202 31 securities security NOUN issue-802 202 32 ; ; PUNCT issue-802 202 33 sale sale NOUN issue-802 202 34 by by ADP issue-802 202 35 proxy proxy NOUN issue-802 202 36 ; ; PUNCT issue-802 202 37 information information NOUN issue-802 202 38 , , PUNCT issue-802 202 39 analytical analytical ADJ issue-802 202 40 and and CCONJ issue-802 202 41 advisory advisory ADJ issue-802 202 42 services service NOUN issue-802 202 43 , , PUNCT issue-802 202 44 including include VERB issue-802 202 45 analysis analysis NOUN issue-802 202 46 of of ADP issue-802 202 47 the the DET issue-802 202 48 securities security NOUN issue-802 202 49 market market NOUN issue-802 202 50 and and CCONJ issue-802 202 51 the the DET issue-802 202 52 portfolio portfolio NOUN issue-802 202 53 of of ADP issue-802 202 54 financial financial ADJ issue-802 202 55 assets asset NOUN issue-802 202 56 ; ; PUNCT issue-802 202 57 organizational organizational ADJ issue-802 202 58 activities activity NOUN issue-802 202 59 accompanying accompany VERB issue-802 202 60 securities security NOUN issue-802 202 61 transactions transaction NOUN issue-802 202 62 ( ( PUNCT issue-802 202 63 eg eg NOUN issue-802 202 64 , , PUNCT issue-802 202 65 issue issue NOUN issue-802 202 66 registration registration NOUN issue-802 202 67 , , PUNCT issue-802 202 68 stock stock NOUN issue-802 202 69 exchange exchange NOUN issue-802 202 70 approval approval NOUN issue-802 202 71 , , PUNCT issue-802 202 72 etc etc X issue-802 202 73 . . X issue-802 202 74 ) ) PUNCT issue-802 202 75 ; ; PUNCT issue-802 202 76 mediation mediation NOUN issue-802 202 77 in in ADP issue-802 202 78 the the DET issue-802 202 79 organization organization NOUN issue-802 202 80 of of ADP issue-802 202 81 issue issue NOUN issue-802 202 82 and and CCONJ issue-802 202 83 initial initial ADJ issue-802 202 84 placement placement NOUN issue-802 202 85 of of ADP issue-802 202 86 securities security NOUN issue-802 202 87 ( ( PUNCT issue-802 202 88 development development NOUN issue-802 202 89 of of ADP issue-802 202 90 documentation documentation NOUN issue-802 202 91 and and CCONJ issue-802 202 92 terms term NOUN issue-802 202 93 of of ADP issue-802 202 94 issue issue NOUN issue-802 202 95 , , PUNCT issue-802 202 96 preliminary preliminary ADJ issue-802 202 97 evaluation evaluation NOUN issue-802 202 98 of of ADP issue-802 202 99 securities security NOUN issue-802 202 100 , , PUNCT issue-802 202 101 advertising advertising NOUN issue-802 202 102 , , PUNCT issue-802 202 103 selection selection NOUN issue-802 202 104 of of ADP issue-802 202 105 investors investor NOUN issue-802 202 106 , , PUNCT issue-802 202 107 etc etc X issue-802 202 108 . . X issue-802 202 109 ) ) PUNCT issue-802 202 110 ; ; PUNCT issue-802 202 111 securities security NOUN issue-802 202 112 purchase purchase NOUN issue-802 202 113 and and CCONJ issue-802 202 114 sale sale NOUN issue-802 202 115 calculations calculation NOUN issue-802 202 116 ; ; PUNCT issue-802 202 117 registration registration NOUN issue-802 202 118 of of ADP issue-802 202 119 securities security NOUN issue-802 202 120 owners owner NOUN issue-802 202 121 during during ADP issue-802 202 122 the the DET issue-802 202 123 sale sale NOUN issue-802 202 124 and and CCONJ issue-802 202 125 purchase purchase NOUN issue-802 202 126 operation operation NOUN issue-802 202 127 ; ; PUNCT issue-802 202 128 security security NOUN issue-802 202 129 , , PUNCT issue-802 202 130 storage storage NOUN issue-802 202 131 and and CCONJ issue-802 202 132 transfer transfer NOUN issue-802 202 133 of of ADP issue-802 202 134 securities security NOUN issue-802 202 135 ; ; PUNCT issue-802 202 136 in in ADP issue-802 202 137 case case NOUN issue-802 202 138 of of ADP issue-802 202 139 withdrawal withdrawal NOUN issue-802 202 140 of of ADP issue-802 202 141 the the DET issue-802 202 142 bonds bond NOUN issue-802 202 143 by by ADP issue-802 202 144 the the DET issue-802 202 145 issuer issuer NOUN issue-802 202 146 of of ADP issue-802 202 147 the the DET issue-802 202 148 bonds bond NOUN issue-802 202 149 by by ADP issue-802 202 150 the the DET issue-802 202 151 maturity maturity NOUN issue-802 202 152 date date NOUN issue-802 202 153 , , PUNCT issue-802 202 154 the the DET issue-802 202 155 withdrawn withdraw VERB issue-802 202 156 bonds bond NOUN issue-802 202 157 shall shall AUX issue-802 202 158 be be AUX issue-802 202 159 returned return VERB issue-802 202 160 ; ; PUNCT issue-802 202 161 repayment repayment NOUN issue-802 202 162 of of ADP issue-802 202 163 securities security NOUN issue-802 202 164 with with ADP issue-802 202 165 maturity maturity NOUN issue-802 202 166 ; ; PUNCT issue-802 202 167 payment payment NOUN issue-802 202 168 of of ADP issue-802 202 169 stock stock NOUN issue-802 202 170 dividends dividend NOUN issue-802 202 171 and and CCONJ issue-802 202 172 coupon coupon NOUN issue-802 202 173 payments payment NOUN issue-802 202 174 on on ADP issue-802 202 175 bonds bond NOUN issue-802 202 176 ; ; PUNCT issue-802 202 177 convertible convertible ADJ issue-802 202 178 preference preference NOUN issue-802 202 179 shares share NOUN issue-802 202 180 and and CCONJ issue-802 202 181 debentures debenture NOUN issue-802 202 182 into into ADP issue-802 202 183 shares share NOUN issue-802 202 184 ; ; PUNCT issue-802 202 185 delegation delegation NOUN issue-802 202 186 of of ADP issue-802 202 187 voting vote VERB issue-802 202 188 power power NOUN issue-802 202 189 to to ADP issue-802 202 190 the the DET issue-802 202 191 trustee trustee NOUN issue-802 202 192 ; ; PUNCT issue-802 202 193 guaranteed guarantee VERB issue-802 202 194 placement placement NOUN issue-802 202 195 of of ADP issue-802 202 196 securities security NOUN issue-802 202 197 ( ( PUNCT issue-802 202 198 underwriting underwriting NOUN issue-802 202 199 ) ) PUNCT issue-802 202 200 ; ; PUNCT issue-802 202 201 reinvestment reinvestment NOUN issue-802 202 202 of of ADP issue-802 202 203 securities security NOUN issue-802 202 204 dividends dividend NOUN issue-802 202 205 and and CCONJ issue-802 202 206 income income NOUN issue-802 202 207 from from ADP issue-802 202 208 market market NOUN issue-802 202 209 value value NOUN issue-802 202 210 gains gain NOUN issue-802 202 211 ; ; PUNCT issue-802 202 212 placement placement NOUN issue-802 202 213 of of ADP issue-802 202 214 securities security NOUN issue-802 202 215 as as ADP issue-802 202 216 collateral collateral NOUN issue-802 202 217 ; ; PUNCT issue-802 202 218 managing manage VERB issue-802 202 219 the the DET issue-802 202 220 securities security NOUN issue-802 202 221 portfolio portfolio NOUN issue-802 202 222 ; ; PUNCT issue-802 202 223 granting grant VERB issue-802 202 224 and and CCONJ issue-802 202 225 obtaining obtain VERB issue-802 202 226 securities security NOUN issue-802 202 227 loans loan NOUN issue-802 202 228 ; ; PUNCT issue-802 202 229 currency currency NOUN issue-802 202 230 risk risk NOUN issue-802 202 231 insurance insurance NOUN issue-802 202 232 . . PUNCT issue-802 203 1 international international ADJ issue-802 203 2 investment investment NOUN issue-802 203 3 activity activity NOUN issue-802 203 4 is be AUX issue-802 203 5 a a DET issue-802 203 6 set set NOUN issue-802 203 7 of of ADP issue-802 203 8 practical practical ADJ issue-802 203 9 actions action NOUN issue-802 203 10 of of ADP issue-802 203 11 entities entity NOUN issue-802 203 12 to to PART issue-802 203 13 invest invest VERB issue-802 203 14 abroad abroad ADV issue-802 203 15 . . PUNCT issue-802 204 1 it it PRON issue-802 204 2 redistributes redistribute VERB issue-802 204 3 in in ADP issue-802 204 4 space space NOUN issue-802 204 5 and and CCONJ issue-802 204 6 time time NOUN issue-802 204 7 the the DET issue-802 204 8 resources resource NOUN issue-802 204 9 between between ADP issue-802 204 10 individual individual ADJ issue-802 204 11 entities entity NOUN issue-802 204 12 that that PRON issue-802 204 13 make make VERB issue-802 204 14 the the DET issue-802 204 15 decision decision NOUN issue-802 204 16 to to PART issue-802 204 17 invest invest VERB issue-802 204 18 their their PRON issue-802 204 19 own own ADJ issue-802 204 20 , , PUNCT issue-802 204 21 borrowed borrow VERB issue-802 204 22 or or CCONJ issue-802 204 23 attracted attract VERB issue-802 204 24 property property NOUN issue-802 204 25 or or CCONJ issue-802 204 26 intellectual intellectual ADJ issue-802 204 27 property property NOUN issue-802 204 28 in in ADP issue-802 204 29 the the DET issue-802 204 30 investment investment NOUN issue-802 204 31 objects object NOUN issue-802 204 32 , , PUNCT issue-802 204 33 is be AUX issue-802 204 34 an an DET issue-802 204 35 investor investor NOUN issue-802 204 36 . . PUNCT issue-802 205 1 there there PRON issue-802 205 2 are be VERB issue-802 205 3 individual individual ADJ issue-802 205 4 and and CCONJ issue-802 205 5 institutional institutional ADJ issue-802 205 6 investors investor NOUN issue-802 205 7 . . PUNCT issue-802 206 1 the the DET issue-802 206 2 differences difference NOUN issue-802 206 3 between between ADP issue-802 206 4 them they PRON issue-802 206 5 lie lie VERB issue-802 206 6 in in ADP issue-802 206 7 the the DET issue-802 206 8 scale scale NOUN issue-802 206 9 of of ADP issue-802 206 10 the the DET issue-802 206 11 resources resource NOUN issue-802 206 12 they they PRON issue-802 206 13 manage manage VERB issue-802 206 14 , , PUNCT issue-802 206 15 the the DET issue-802 206 16 nature nature NOUN issue-802 206 17 and and CCONJ issue-802 206 18 methods method NOUN issue-802 206 19 of of ADP issue-802 206 20 decision decision NOUN issue-802 206 21 - - PUNCT issue-802 206 22 making making NOUN issue-802 206 23 . . PUNCT issue-802 207 1 an an DET issue-802 207 2 individual individual ADJ issue-802 207 3 investor investor NOUN issue-802 207 4 is be AUX issue-802 207 5 a a DET issue-802 207 6 legal legal ADJ issue-802 207 7 or or CCONJ issue-802 207 8 natural natural ADJ issue-802 207 9 person person NOUN issue-802 207 10 who who PRON issue-802 207 11 independently independently ADV issue-802 207 12 ( ( PUNCT issue-802 207 13 without without ADP issue-802 207 14 intermediaries intermediary NOUN issue-802 207 15 ) ) PUNCT issue-802 207 16 carries carry VERB issue-802 207 17 out out ADP issue-802 207 18 investment investment NOUN issue-802 207 19 activities activity NOUN issue-802 207 20 . . PUNCT issue-802 208 1 an an DET issue-802 208 2 institutional institutional ADJ issue-802 208 3 investor investor NOUN issue-802 208 4 is be AUX issue-802 208 5 a a DET issue-802 208 6 financial financial ADJ issue-802 208 7 intermediary intermediary NOUN issue-802 208 8 that that PRON issue-802 208 9 accumulates accumulate VERB issue-802 208 10 the the DET issue-802 208 11 funds fund NOUN issue-802 208 12 of of ADP issue-802 208 13 individual individual ADJ issue-802 208 14 investors investor NOUN issue-802 208 15 and and CCONJ issue-802 208 16 conducts conduct VERB issue-802 208 17 specialized specialized ADJ issue-802 208 18 investment investment NOUN issue-802 208 19 activities activity NOUN issue-802 208 20 , , PUNCT issue-802 208 21 as as ADP issue-802 208 22 a a DET issue-802 208 23 rule rule NOUN issue-802 208 24 , , PUNCT issue-802 208 25 in in ADP issue-802 208 26 securities security NOUN issue-802 208 27 transactions transaction NOUN issue-802 208 28 . . PUNCT issue-802 209 1 institutional institutional ADJ issue-802 209 2 investors investor NOUN issue-802 209 3 include include VERB issue-802 209 4 investment investment NOUN issue-802 209 5 funds fund NOUN issue-802 209 6 and and CCONJ issue-802 209 7 companies company NOUN issue-802 209 8 , , PUNCT issue-802 209 9 pension pension NOUN issue-802 209 10 funds fund NOUN issue-802 209 11 , , PUNCT issue-802 209 12 insurance insurance NOUN issue-802 209 13 companies company NOUN issue-802 209 14 , , PUNCT issue-802 209 15 mutual mutual ADJ issue-802 209 16 funds fund NOUN issue-802 209 17 , , PUNCT issue-802 209 18 and and CCONJ issue-802 209 19 banks bank NOUN issue-802 209 20 . . PUNCT issue-802 210 1 corporate corporate ADJ issue-802 210 2 investors investor NOUN issue-802 210 3 and and CCONJ issue-802 210 4 the the DET issue-802 210 5 government government NOUN issue-802 210 6 are be AUX issue-802 210 7 distinguished distinguish VERB issue-802 210 8 as as ADP issue-802 210 9 separate separate ADJ issue-802 210 10 entities entity NOUN issue-802 210 11 . . PUNCT issue-802 211 1 by by ADP issue-802 211 2 defining define VERB issue-802 211 3 the the DET issue-802 211 4 goals goal NOUN issue-802 211 5 , , PUNCT issue-802 211 6 directions direction NOUN issue-802 211 7 and and CCONJ issue-802 211 8 volumes volume NOUN issue-802 211 9 of of ADP issue-802 211 10 investments investment NOUN issue-802 211 11 , , PUNCT issue-802 211 12 the the DET issue-802 211 13 investor investor NOUN issue-802 211 14 may may AUX issue-802 211 15 , , PUNCT issue-802 211 16 on on ADP issue-802 211 17 a a DET issue-802 211 18 contractual contractual ADJ issue-802 211 19 basis basis NOUN issue-802 211 20 , , PUNCT issue-802 211 21 involve involve VERB issue-802 211 22 any any DET issue-802 211 23 participants participant NOUN issue-802 211 24 in in ADP issue-802 211 25 international international ADJ issue-802 211 26 investment investment NOUN issue-802 211 27 activity activity NOUN issue-802 211 28 , , PUNCT issue-802 211 29 investor investor NOUN issue-802 211 30 resources resource NOUN issue-802 211 31 consist consist VERB issue-802 211 32 of of ADP issue-802 211 33 resources resource NOUN issue-802 211 34 obtained obtain VERB issue-802 211 35 from from ADP issue-802 211 36 all all DET issue-802 211 37 available available ADJ issue-802 211 38 sources source NOUN issue-802 211 39 of of ADP issue-802 211 40 investment investment NOUN issue-802 211 41 resources resource NOUN issue-802 211 42 – – PUNCT issue-802 211 43 internal internal ADJ issue-802 211 44 , , PUNCT issue-802 211 45 attracted attract VERB issue-802 211 46 and and CCONJ issue-802 211 47 borrowed borrow VERB issue-802 211 48 . . PUNCT issue-802 212 1 different different ADJ issue-802 212 2 investment investment NOUN issue-802 212 3 entities entity NOUN issue-802 212 4 have have VERB issue-802 212 5 different different ADJ issue-802 212 6 sources source NOUN issue-802 212 7 of of ADP issue-802 212 8 attracting attract VERB issue-802 212 9 resources resource NOUN issue-802 212 10 ( ( PUNCT issue-802 212 11 see see VERB issue-802 212 12 table table NOUN issue-802 212 13 2 2 NUM issue-802 212 14 ) ) PUNCT issue-802 212 15 . . PUNCT issue-802 213 1 in in ADP issue-802 213 2 modern modern ADJ issue-802 213 3 conditions condition NOUN issue-802 213 4 , , PUNCT issue-802 213 5 the the DET issue-802 213 6 investor investor NOUN issue-802 213 7 has have VERB issue-802 213 8 access access NOUN issue-802 213 9 to to ADP issue-802 213 10 both both CCONJ issue-802 213 11 national national ADJ issue-802 213 12 and and CCONJ issue-802 213 13 international international ADJ issue-802 213 14 investment investment NOUN issue-802 213 15 resources resource NOUN issue-802 213 16 , , PUNCT issue-802 213 17 which which PRON issue-802 213 18 are be AUX issue-802 213 19 accumulated accumulate VERB issue-802 213 20 and and CCONJ issue-802 213 21 redistributed redistribute VERB issue-802 213 22 mainly mainly ADV issue-802 213 23 through through ADP issue-802 213 24 international international ADJ issue-802 213 25 ( ( PUNCT issue-802 213 26 world world NOUN issue-802 213 27 ) ) PUNCT issue-802 213 28 markets market NOUN issue-802 213 29 . . PUNCT issue-802 214 1 national national ADJ issue-802 214 2 and and CCONJ issue-802 214 3 international international ADJ issue-802 214 4 investment investment NOUN issue-802 214 5 resources resource NOUN issue-802 214 6 together together ADV issue-802 214 7 are be AUX issue-802 214 8 a a DET issue-802 214 9 global global ADJ issue-802 214 10 investment investment NOUN issue-802 214 11 asset asset NOUN issue-802 214 12 that that PRON issue-802 214 13 has have VERB issue-802 214 14 financial financial ADJ issue-802 214 15 and and CCONJ issue-802 214 16 material material ADJ issue-802 214 17 components component NOUN issue-802 214 18 . . PUNCT issue-802 215 1 financial financial ADJ issue-802 215 2 wealth wealth NOUN issue-802 215 3 is be AUX issue-802 215 4 accumulated accumulate VERB issue-802 215 5 in in ADP issue-802 215 6 the the DET issue-802 215 7 form form NOUN issue-802 215 8 of of ADP issue-802 215 9 securities security NOUN issue-802 215 10 and and CCONJ issue-802 215 11 cash cash NOUN issue-802 215 12 , , PUNCT issue-802 215 13 and and CCONJ issue-802 215 14 material material NOUN issue-802 215 15 wealth wealth NOUN issue-802 215 16 in in ADP issue-802 215 17 real real ADJ issue-802 215 18 estate estate NOUN issue-802 215 19 and and CCONJ issue-802 215 20 metals metal NOUN issue-802 215 21 . . PUNCT issue-802 216 1 baltic baltic PROPN issue-802 216 2 journal journal PROPN issue-802 216 3 of of ADP issue-802 216 4 economic economic ADJ issue-802 216 5 studies study NOUN issue-802 216 6 115 115 NUM issue-802 216 7 vol vol NOUN issue-802 216 8 . . PROPN issue-802 217 1 6 6 NUM issue-802 217 2 , , PUNCT issue-802 217 3 no no INTJ issue-802 217 4 . . NOUN issue-802 217 5 2 2 NUM issue-802 217 6 , , PUNCT issue-802 217 7 2020 2020 NUM issue-802 217 8 5 5 NUM issue-802 217 9 . . PUNCT issue-802 217 10 conclusions conclusion NOUN issue-802 217 11 in in ADP issue-802 217 12 the the DET issue-802 217 13 conditions condition NOUN issue-802 217 14 of of ADP issue-802 217 15 increasing increase VERB issue-802 217 16 the the DET issue-802 217 17 independence independence NOUN issue-802 217 18 of of ADP issue-802 217 19 enterprises enterprise NOUN issue-802 217 20 and and CCONJ issue-802 217 21 their their PRON issue-802 217 22 transition transition NOUN issue-802 217 23 to to ADP issue-802 217 24 self self NOUN issue-802 217 25 - - PUNCT issue-802 217 26 financing financing NOUN issue-802 218 1 , , PUNCT issue-802 218 2 there there PRON issue-802 218 3 was be VERB issue-802 218 4 a a DET issue-802 218 5 need need NOUN issue-802 218 6 to to PART issue-802 218 7 create create VERB issue-802 218 8 a a DET issue-802 218 9 financial financial ADJ issue-802 218 10 market market NOUN issue-802 218 11 . . PUNCT issue-802 219 1 the the DET issue-802 219 2 economic economic ADJ issue-802 219 3 basis basis NOUN issue-802 219 4 and and CCONJ issue-802 219 5 market market NOUN issue-802 219 6 for for ADP issue-802 219 7 which which PRON issue-802 219 8 the the DET issue-802 219 9 enterprise enterprise NOUN issue-802 219 10 needs need VERB issue-802 219 11 is be AUX issue-802 219 12 additional additional ADJ issue-802 219 13 financial financial ADJ issue-802 219 14 resources resource NOUN issue-802 219 15 . . PUNCT issue-802 220 1 shortage shortage NOUN issue-802 220 2 of of ADP issue-802 220 3 working work VERB issue-802 220 4 capital capital NOUN issue-802 220 5 impedes impede VERB issue-802 220 6 the the DET issue-802 220 7 development development NOUN issue-802 220 8 of of ADP issue-802 220 9 production production NOUN issue-802 220 10 and and CCONJ issue-802 220 11 attraction attraction NOUN issue-802 220 12 of of ADP issue-802 220 13 material material ADJ issue-802 220 14 resources resource NOUN issue-802 220 15 . . PUNCT issue-802 221 1 this this PRON issue-802 221 2 largely largely ADV issue-802 221 3 explains explain VERB issue-802 221 4 the the DET issue-802 221 5 shortcomings shortcoming NOUN issue-802 221 6 in in ADP issue-802 221 7 the the DET issue-802 221 8 work work NOUN issue-802 221 9 of of ADP issue-802 221 10 attracting attract VERB issue-802 221 11 financial financial ADJ issue-802 221 12 resources resource NOUN issue-802 221 13 of of ADP issue-802 221 14 enterprises enterprise NOUN issue-802 221 15 . . PUNCT issue-802 222 1 becoming become VERB issue-802 222 2 a a DET issue-802 222 3 financial financial ADJ issue-802 222 4 market market NOUN issue-802 222 5 is be AUX issue-802 222 6 possible possible ADJ issue-802 222 7 only only ADV issue-802 222 8 with with ADP issue-802 222 9 the the DET issue-802 222 10 elimination elimination NOUN issue-802 222 11 of of ADP issue-802 222 12 imbalance imbalance NOUN issue-802 222 13 between between ADP issue-802 222 14 financial financial ADJ issue-802 222 15 and and CCONJ issue-802 222 16 material material ADJ issue-802 222 17 resources resource NOUN issue-802 222 18 . . PUNCT issue-802 223 1 there there PRON issue-802 223 2 are be VERB issue-802 223 3 many many ADJ issue-802 223 4 factors factor NOUN issue-802 223 5 influencing influence VERB issue-802 223 6 the the DET issue-802 223 7 motivation motivation NOUN issue-802 223 8 , , PUNCT issue-802 223 9 volume volume NOUN issue-802 223 10 and and CCONJ issue-802 223 11 direction direction NOUN issue-802 223 12 of of ADP issue-802 223 13 international international ADJ issue-802 223 14 investment investment NOUN issue-802 223 15 . . PUNCT issue-802 224 1 at at ADP issue-802 224 2 the the DET issue-802 224 3 level level NOUN issue-802 224 4 of of ADP issue-802 224 5 the the DET issue-802 224 6 relationship relationship NOUN issue-802 224 7 “ " PUNCT issue-802 224 8 basic basic ADJ issue-802 224 9 country country NOUN issue-802 224 10 – – PUNCT issue-802 224 11 country country NOUN issue-802 224 12 receiving receiving NOUN issue-802 224 13 ” " PUNCT issue-802 224 14 , , PUNCT issue-802 224 15 the the DET issue-802 224 16 following follow VERB issue-802 224 17 factors factor NOUN issue-802 224 18 are be AUX issue-802 224 19 crucial crucial ADJ issue-802 224 20 : : PUNCT issue-802 224 21 – – PUNCT issue-802 224 22 political political ADJ issue-802 224 23 and and CCONJ issue-802 224 24 economic economic ADJ issue-802 224 25 : : PUNCT issue-802 224 26 political political ADJ issue-802 224 27 stability stability NOUN issue-802 224 28 ; ; PUNCT issue-802 224 29 degree degree NOUN issue-802 224 30 of of ADP issue-802 224 31 government government NOUN issue-802 224 32 intervention intervention NOUN issue-802 224 33 in in ADP issue-802 224 34 the the DET issue-802 224 35 economy economy NOUN issue-802 224 36 : : PUNCT issue-802 224 37 relation relation NOUN issue-802 224 38 to to ADP issue-802 224 39 foreign foreign ADJ issue-802 224 40 and and CCONJ issue-802 224 41 foreign foreign ADJ issue-802 224 42 investments investment NOUN issue-802 224 43 ; ; PUNCT issue-802 224 44 adherence adherence NOUN issue-802 224 45 to to ADP issue-802 224 46 bilateral bilateral ADJ issue-802 224 47 and and CCONJ issue-802 224 48 multilateral multilateral ADJ issue-802 224 49 agreements agreement NOUN issue-802 224 50 ; ; PUNCT issue-802 224 51 – – PUNCT issue-802 224 52 resources resource NOUN issue-802 224 53 : : PUNCT issue-802 224 54 geographical geographical ADJ issue-802 224 55 location location NOUN issue-802 224 56 ; ; PUNCT issue-802 224 57 availability availability NOUN issue-802 224 58 of of ADP issue-802 224 59 natural natural ADJ issue-802 224 60 resources resource NOUN issue-802 224 61 ; ; PUNCT issue-802 224 62 demographic demographic ADJ issue-802 224 63 situation situation NOUN issue-802 224 64 ; ; PUNCT issue-802 224 65 – – PUNCT issue-802 224 66 general general ADJ issue-802 224 67 economic economic ADJ issue-802 224 68 : : PUNCT issue-802 224 69 the the DET issue-802 224 70 rate rate NOUN issue-802 224 71 of of ADP issue-802 224 72 economic economic ADJ issue-802 224 73 growth growth NOUN issue-802 224 74 ; ; PUNCT issue-802 224 75 ratio ratio NOUN issue-802 224 76 of of ADP issue-802 224 77 consumption consumption NOUN issue-802 224 78 and and CCONJ issue-802 224 79 savings saving NOUN issue-802 224 80 ; ; PUNCT issue-802 224 81 loan loan NOUN issue-802 224 82 interest interest NOUN issue-802 224 83 rate rate NOUN issue-802 224 84 ; ; PUNCT issue-802 224 85 the the DET issue-802 224 86 rate rate NOUN issue-802 224 87 of of ADP issue-802 224 88 net net ADJ issue-802 224 89 profit profit NOUN issue-802 224 90 ; ; PUNCT issue-802 224 91 the the DET issue-802 224 92 level level NOUN issue-802 224 93 and and CCONJ issue-802 224 94 dynamics dynamic NOUN issue-802 224 95 of of ADP issue-802 224 96 inflation inflation NOUN issue-802 224 97 ; ; PUNCT issue-802 224 98 balance balance NOUN issue-802 224 99 of of ADP issue-802 224 100 payments payment NOUN issue-802 224 101 status status NOUN issue-802 224 102 . . PUNCT issue-802 225 1 in in ADP issue-802 225 2 a a DET issue-802 225 3 broader broad ADJ issue-802 225 4 context context NOUN issue-802 225 5 , , PUNCT issue-802 225 6 international international ADJ issue-802 225 7 investment investment NOUN issue-802 225 8 processes process NOUN issue-802 225 9 are be AUX issue-802 225 10 influenced influence VERB issue-802 225 11 by by ADP issue-802 225 12 : : PUNCT issue-802 225 13 the the DET issue-802 225 14 state state NOUN issue-802 225 15 of of ADP issue-802 225 16 development development NOUN issue-802 225 17 of of ADP issue-802 225 18 the the DET issue-802 225 19 world world NOUN issue-802 225 20 economy economy NOUN issue-802 225 21 , , PUNCT issue-802 225 22 international international ADJ issue-802 225 23 factor factor NOUN issue-802 225 24 and and CCONJ issue-802 225 25 investment investment NOUN issue-802 225 26 markets market NOUN issue-802 225 27 ; ; PUNCT issue-802 225 28 stability stability NOUN issue-802 225 29 of of ADP issue-802 225 30 the the DET issue-802 225 31 world world NOUN issue-802 225 32 monetary monetary ADJ issue-802 225 33 system system NOUN issue-802 225 34 ; ; PUNCT issue-802 225 35 development development NOUN issue-802 225 36 of of ADP issue-802 225 37 international international ADJ issue-802 225 38 investment investment NOUN issue-802 225 39 infrastructure infrastructure NOUN issue-802 225 40 and and CCONJ issue-802 225 41 the the DET issue-802 225 42 like like ADJ issue-802 225 43 . . PUNCT issue-802 226 1 in in ADP issue-802 226 2 the the DET issue-802 226 3 context context NOUN issue-802 226 4 of of ADP issue-802 226 5 globalization globalization NOUN issue-802 226 6 , , PUNCT issue-802 226 7 international international ADJ issue-802 226 8 investment investment NOUN issue-802 226 9 is be AUX issue-802 226 10 influenced influence VERB issue-802 226 11 by by ADP issue-802 226 12 the the DET issue-802 226 13 interacting interact VERB issue-802 226 14 processes process NOUN issue-802 226 15 of of ADP issue-802 226 16 trans tran NOUN issue-802 226 17 nationalization nationalization NOUN issue-802 226 18 and and CCONJ issue-802 226 19 regional regional ADJ issue-802 226 20 economic economic ADJ issue-802 226 21 integration integration NOUN issue-802 226 22 . . PUNCT issue-802 227 1 the the DET issue-802 227 2 effects effect NOUN issue-802 227 3 of of ADP issue-802 227 4 global global ADJ issue-802 227 5 economic economic ADJ issue-802 227 6 factors factor NOUN issue-802 227 7 , , PUNCT issue-802 227 8 on on ADP issue-802 227 9 the the DET issue-802 227 10 one one NUM issue-802 227 11 hand hand NOUN issue-802 227 12 , , PUNCT issue-802 227 13 offset offset VERB issue-802 227 14 some some PRON issue-802 227 15 of of ADP issue-802 227 16 the the DET issue-802 227 17 differences difference NOUN issue-802 227 18 between between ADP issue-802 227 19 countries country NOUN issue-802 227 20 , , PUNCT issue-802 227 21 and and CCONJ issue-802 227 22 on on ADP issue-802 227 23 the the DET issue-802 227 24 other other ADJ issue-802 227 25 , , PUNCT issue-802 227 26 it it PRON issue-802 227 27 creates create VERB issue-802 227 28 a a DET issue-802 227 29 macro macro ADJ issue-802 227 30 environment environment NOUN issue-802 227 31 for for ADP issue-802 227 32 largescale largescale ADJ issue-802 227 33 activity activity NOUN issue-802 227 34 of of ADP issue-802 227 35 international international ADJ issue-802 227 36 entities entity NOUN issue-802 227 37 and and CCONJ issue-802 227 38 investment investment NOUN issue-802 227 39 institutions institution NOUN issue-802 227 40 . . PUNCT issue-802 228 1 table table NOUN issue-802 228 2 2 2 NUM issue-802 228 3 investors investor NOUN issue-802 228 4 ' ' PART issue-802 228 5 resources resource NOUN issue-802 228 6 investors investor NOUN issue-802 228 7 resousces resousce VERB issue-802 228 8 ( ( PUNCT issue-802 228 9 sources source NOUN issue-802 228 10 ) ) PUNCT issue-802 228 11 own own VERB issue-802 228 12 borrowed borrow VERB issue-802 228 13 physical physical ADJ issue-802 228 14 individuals individual NOUN issue-802 228 15 savings saving NOUN issue-802 228 16 , , PUNCT issue-802 228 17 unused unused ADJ issue-802 228 18 portion portion NOUN issue-802 228 19 of of ADP issue-802 228 20 individual individual ADJ issue-802 228 21 income income NOUN issue-802 228 22 loans loan NOUN issue-802 228 23 corporations corporation NOUN issue-802 228 24 ( ( PUNCT issue-802 228 25 organizations organization NOUN issue-802 228 26 ) ) PUNCT issue-802 228 27 company company NOUN issue-802 228 28 stocks stock NOUN issue-802 228 29 , , PUNCT issue-802 228 30 retained retain VERB issue-802 228 31 earnings earning NOUN issue-802 228 32 , , PUNCT issue-802 228 33 depreciation depreciation NOUN issue-802 228 34 and and CCONJ issue-802 228 35 other other ADJ issue-802 228 36 funds fund NOUN issue-802 228 37 , , PUNCT issue-802 228 38 know know NOUN issue-802 228 39 - - PUNCT issue-802 228 40 how how NOUN issue-802 228 41 , , PUNCT issue-802 228 42 non non ADJ issue-802 228 43 - - ADJ issue-802 228 44 operating operating ADJ issue-802 228 45 income income NOUN issue-802 228 46 , , PUNCT issue-802 228 47 etc etc X issue-802 228 48 . . X issue-802 228 49 funds fund NOUN issue-802 228 50 raised raise VERB issue-802 228 51 through through ADP issue-802 228 52 the the DET issue-802 228 53 sale sale NOUN issue-802 228 54 of of ADP issue-802 228 55 stocks stock NOUN issue-802 228 56 , , PUNCT issue-802 228 57 bonds bond NOUN issue-802 228 58 , , PUNCT issue-802 228 59 other other ADJ issue-802 228 60 securities security NOUN issue-802 228 61 , , PUNCT issue-802 228 62 long long ADJ issue-802 228 63 - - PUNCT issue-802 228 64 term term NOUN issue-802 228 65 loans loan NOUN issue-802 228 66 and and CCONJ issue-802 228 67 loans loan NOUN issue-802 228 68 state state NOUN issue-802 228 69 profit profit NOUN issue-802 228 70 of of ADP issue-802 228 71 state state NOUN issue-802 228 72 - - PUNCT issue-802 228 73 owned own VERB issue-802 228 74 enterprises enterprise NOUN issue-802 228 75 , , PUNCT issue-802 228 76 tax tax NOUN issue-802 228 77 receipts receipt NOUN issue-802 228 78 , , PUNCT issue-802 228 79 contributions contribution NOUN issue-802 228 80 to to ADP issue-802 228 81 state state NOUN issue-802 228 82 funds fund NOUN issue-802 228 83 , , PUNCT issue-802 228 84 state state NOUN issue-802 228 85 reserves reserve NOUN issue-802 228 86 , , PUNCT issue-802 228 87 credit credit NOUN issue-802 228 88 and and CCONJ issue-802 228 89 monetary monetary ADJ issue-802 228 90 issues issue NOUN issue-802 228 91 , , PUNCT issue-802 228 92 privatization privatization NOUN issue-802 228 93 funds fund NOUN issue-802 228 94 internal internal ADJ issue-802 228 95 and and CCONJ issue-802 228 96 external external ADJ issue-802 228 97 loans loan NOUN issue-802 228 98 references reference NOUN issue-802 228 99 : : PUNCT issue-802 228 100 gukevych gukevych NOUN issue-802 228 101 , , PUNCT issue-802 228 102 s. s. PROPN issue-802 228 103 ( ( PUNCT issue-802 228 104 2012 2012 NUM issue-802 228 105 ) ) PUNCT issue-802 228 106 . . PUNCT issue-802 229 1 investment investment NOUN issue-802 229 2 : : PUNCT issue-802 229 3 theory theory NOUN issue-802 229 4 and and CCONJ issue-802 229 5 practice practice NOUN issue-802 229 6 . . PUNCT issue-802 230 1 poland poland PROPN issue-802 230 2 , , PUNCT issue-802 230 3 volumina volumina PROPN issue-802 230 4 . . PUNCT issue-802 231 1 pl pl PROPN issue-802 231 2 daniel daniel PROPN issue-802 231 3 krzanowski krzanowski PROPN issue-802 231 4 . . PUNCT issue-802 232 1 gutkevych gutkevych PROPN issue-802 232 2 , , PUNCT issue-802 232 3 s. s. PROPN issue-802 232 4 a. a. PROPN issue-802 232 5 , , PUNCT issue-802 232 6 & & CCONJ issue-802 232 7 korynʹko korynʹko PROPN issue-802 232 8 , , PUNCT issue-802 232 9 n. n. PROPN issue-802 232 10 d. d. PROPN issue-802 232 11 ( ( PUNCT issue-802 232 12 2010 2010 NUM issue-802 232 13 ) ) PUNCT issue-802 232 14 . . PUNCT issue-802 233 1 praktyka praktyka PROPN issue-802 233 2 sovremennoho sovremennoho PROPN issue-802 233 3 vekselʹnoho vekselʹnoho PROPN issue-802 233 4 obrashchenyya obrashchenyya VERB issue-802 233 5 v v ADP issue-802 233 6 ukrayne ukrayne NOUN issue-802 233 7 [ [ X issue-802 233 8 the the DET issue-802 233 9 practice practice NOUN issue-802 233 10 of of ADP issue-802 233 11 modern modern ADJ issue-802 233 12 bill bill NOUN issue-802 233 13 circulation circulation NOUN issue-802 233 14 in in ADP issue-802 233 15 ukraine ukraine NOUN issue-802 233 16 ] ] PUNCT issue-802 233 17 . . PUNCT issue-802 234 1 razvytye razvytye PROPN issue-802 234 2 byznesa byznesa PROPN issue-802 234 3 v v PROPN issue-802 234 4 uslovyyakh uslovyyakh PROPN issue-802 234 5 perekhodnoy perekhodnoy ADV issue-802 234 6 ékonomyky ékonomyky VERB issue-802 234 7 v v ADP issue-802 234 8 stranakh stranakh PROPN issue-802 234 9 tsentralno tsentralno PROPN issue-802 234 10 - - PUNCT issue-802 234 11 vostochnoy vostochnoy PROPN issue-802 234 12 evropy evropy NOUN issue-802 234 13 : : PUNCT issue-802 234 14 monografiya monografiya PROPN issue-802 234 15 . . PUNCT issue-802 235 1 baku baku PROPN issue-802 235 2 , , PUNCT issue-802 235 3 kyev kyev PROPN issue-802 235 4 , , PUNCT issue-802 235 5 kaunas kaunas PROPN issue-802 235 6 . . PUNCT issue-802 236 1 gutkevych gutkevych PROPN issue-802 236 2 , , PUNCT issue-802 236 3 s. s. PROPN issue-802 236 4 o. o. PROPN issue-802 236 5 , , PUNCT issue-802 236 6 & & CCONJ issue-802 236 7 korinʹko korinʹko PROPN issue-802 236 8 , , PUNCT issue-802 236 9 m. m. PROPN issue-802 236 10 d. d. PROPN issue-802 236 11 ( ( PUNCT issue-802 236 12 2003 2003 NUM issue-802 236 13 ) ) PUNCT issue-802 236 14 . . PUNCT issue-802 237 1 vekselʹ vekselʹ NOUN issue-802 237 2 u u PROPN issue-802 237 3 systemi systemi VERB issue-802 237 4 tsinnykh tsinnykh ADJ issue-802 237 5 paperiv paperiv NOUN issue-802 237 6 : : PUNCT issue-802 237 7 problemy problemy PROPN issue-802 237 8 stanovlennya stanovlennya NOUN issue-802 237 9 ta ta AUX issue-802 237 10 rozvytku rozvytku PROPN issue-802 237 11 : : PUNCT issue-802 237 12 navchalnyi navchalnyi PROPN issue-802 237 13 posibnyk posibnyk NOUN issue-802 237 14 [ [ PUNCT issue-802 237 15 promissory promissory NOUN issue-802 237 16 note note NOUN issue-802 237 17 in in ADP issue-802 237 18 the the DET issue-802 237 19 securities security NOUN issue-802 237 20 system system NOUN issue-802 237 21 : : PUNCT issue-802 237 22 problems problem NOUN issue-802 237 23 of of ADP issue-802 237 24 formation formation NOUN issue-802 237 25 and and CCONJ issue-802 237 26 development development NOUN issue-802 237 27 ] ] PUNCT issue-802 237 28 . . PUNCT issue-802 238 1 kyiv kyiv ADJ issue-802 238 2 : : PUNCT issue-802 238 3 vydavnytstvo vydavnytstvo NOUN issue-802 238 4 yevropeiskoho yevropeiskoho PROPN issue-802 238 5 universytetu universytetu VERB issue-802 238 6 . . PUNCT issue-802 239 1 gutkevych gutkevych PROPN issue-802 239 2 , , PUNCT issue-802 239 3 s. s. PROPN issue-802 239 4 ( ( PUNCT issue-802 239 5 ed ed NOUN issue-802 239 6 . . PUNCT issue-802 239 7 ) ) PUNCT issue-802 240 1 ( ( PUNCT issue-802 240 2 2011 2011 NUM issue-802 240 3 ) ) PUNCT issue-802 240 4 . . PUNCT issue-802 241 1 model model PROPN issue-802 241 2 rozvytku rozvytku PROPN issue-802 241 3 haluzey haluzey PROPN issue-802 241 4 ekonomiky ekonomiky VERB issue-802 241 5 ukrayiny ukrayiny ADJ issue-802 242 1 [ [ X issue-802 242 2 model model NOUN issue-802 242 3 of of ADP issue-802 242 4 development development NOUN issue-802 242 5 of of ADP issue-802 242 6 branches branch NOUN issue-802 242 7 of of ADP issue-802 242 8 economy economy NOUN issue-802 242 9 of of ADP issue-802 242 10 ukraine ukraine NOUN issue-802 242 11 ] ] PUNCT issue-802 242 12 . . PUNCT issue-802 243 1 kyiv kyiv ADJ issue-802 243 2 : : PUNCT issue-802 243 3 nutu nutu ADJ issue-802 243 4 « « PUNCT issue-802 243 5 kpi kpi PROPN issue-802 243 6 » » NOUN issue-802 243 7 . . PUNCT issue-802 243 8 gutkevych gutkevych PROPN issue-802 243 9 , , PUNCT issue-802 243 10 s. s. PROPN issue-802 243 11 ( ( PUNCT issue-802 243 12 ed ed NOUN issue-802 243 13 . . PUNCT issue-802 243 14 ) ) PUNCT issue-802 244 1 ( ( PUNCT issue-802 244 2 2003 2003 NUM issue-802 244 3 ) ) PUNCT issue-802 244 4 . . PUNCT issue-802 245 1 synergetic synergetic ADJ issue-802 245 2 bases basis NOUN issue-802 245 3 of of ADP issue-802 245 4 investment investment NOUN issue-802 245 5 in in ADP issue-802 245 6 economy economy NOUN issue-802 245 7 sectors sector NOUN issue-802 245 8 . . PUNCT issue-802 246 1 kyiv kyiv PROPN issue-802 246 2 . . PROPN issue-802 246 3 sharpe sharpe PROPN issue-802 246 4 , , PUNCT issue-802 246 5 w. w. PROPN issue-802 246 6 ( ( PUNCT issue-802 246 7 1999 1999 NUM issue-802 246 8 ) ) PUNCT issue-802 246 9 . . PUNCT issue-802 247 1 investments investment NOUN issue-802 247 2 : : PUNCT issue-802 247 3 6th 6th ADJ issue-802 247 4 ( ( PUNCT issue-802 247 5 sixth sixth ADJ issue-802 247 6 ) ) PUNCT issue-802 247 7 edition edition NOUN issue-802 247 8 paperback paperback NOUN issue-802 247 9 . . PUNCT