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In the 1960s and 1970s, oil supplies were a source of international political conflict. Major oil companies, such as Exxon, Shell, and BP were key actors in this conflict. With their vertical, multinational structures, they dominated production and trade. The study examines their strategies and...
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explaining banks' probability of default. By confirming the role of funding as the driver of banking crisis, the paper also … recognizes that the new liquidity framework proposed by the Basel Committee on Banking Supervision appears to have the features …
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interest rates and banking risk is more complex. Ultimately, it depends on how much skin in the game banks have. The central … message of the paper is broadly complementary to those in the recent MCM board paper “Central Banking Lessons from the …
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