Today it means big, soft loans, China-style, so neighbours can buy capital goods.
This category is closely watched because it is seen as a good proxy for business plans to buy capital goods to expand and modernize.
To reduce imports, it is said to be allowing the central bank to sell dollars only to businesses that have its approval for their foreign purchases (such as buying capital goods).
He is aware that most Iranians are fed up with official hostility to America, and that importers chafe at having to buy capital goods from the exorbitant euro zone.
"The recession can be a good opportunity to buy capital improvements and do upgrades," he explained, "because contractors don't have a lot of work and material costs are way down.
But Messrs Kashyap, Rajan and Stein argue that since crises are rare, that will saddle banks with lots of wasted capital most of the time.Putting aside money for a rainy dayInstead, they propose that banks be made to choose between higher capital requirements and buying capital insurance.
The IMF said [governments] should buy capital positions in banks.
In many cases, such businesses will come down to whether they can buy capital for less than they can lend it out.
While Metique is a procurement site for metal and mining companies to buy capital equipment, raw materials, logistics, MRO items and other products and services, as Mr. Mittal said in his interview, it does not trade steel or other metals, like e-Steel or MetalSite.
To avoid a chronic increase in the unemployment rate, we need to subsidize the demand for labor -- achieving job creation -- rather than making it cheaper to buy capital, as investment and other tax credits would do".
