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BIES |
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``The guidance urges institutions to provide consumers with clear, balanced and timely information concerning the risk of these products,'' Federal Reserve Board Governor Susan Bies said at the end of last month. Federal Reserve Governor Susan Bies has been quick to point out that the Fed's favorite inflation gauge--the core personal consumption expenditures index--has crept above 2 percent. According to research conducted by Millesen and Bies (2004), capacity building is best understood by looking at the interplay of four theories, strategic management, agent theory, resource dependence, and institutional, that are useful in "understanding, explaining and predicting why a nonprofit organization might engage in capacity building" (Millesen and Bies 2004:3). |
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