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The global crisis of 2008-09 went in hand with sharp fluctuations in capital flows. To some extent, these fluctuations may have been attributable to uncertainty-averse investors indiscriminately selling assets about which they had poor information, including those in geographically distant...
Persistent link: https://www.econbiz.de/10009691014
This books explores the international aspects of pension reform, private savings and volatile capital markets and clarifies how they relate to each other. Building the case for the pension-improving benefits of global asset diversification, analysing the implications of financial reform for...
Persistent link: https://www.econbiz.de/10012447865
Das Leistungsbilanzdefizit der Vereinigten Staaten ist in seiner gegenwärtigen Höhe von 6½ Prozent des Bruttoinlandsprodukts dauerhaft nicht tragfähig. Verschiedene weltwirtschaftliche Entwicklungen wirken allerdings darauf hin, dass sich das Defizit langfristig auf ein tragfähiges Niveau...
Persistent link: https://www.econbiz.de/10003376277
Ansicht nach wird die Weltwirtschaft von der Krise des Immobilien- und des Finanzsektors in den USA und den von ihr … ausgelösten weltweiten Finanzmarktturbulenzen überschattet. Die USA stehen am Rande einer Rezession, in Westeuropa hat sich die … der privaten Haushalte, was den Konsum dämpfte, besonders deutlich in den USA. Vor allem aber verschlechtern sich die …
Persistent link: https://www.econbiz.de/10003696878
Persistent link: https://www.econbiz.de/10003967350
During the current economic crisis recurring questions on the validity of the liberal economic system have resurfaced concerning the role of the state and the free market, the proactive use of fiscal policies, economic nationalism, and environmental sustainability. However, due to the depth and...
Persistent link: https://www.econbiz.de/10011850645
'Does the economic crisis concern you? The highly competent Greek and British co-authors of this book answer in the affirmative. They demonstrate the close and vicious interrelationships between human attitudes and behavior on the one hand, and unemployment, overemployment, poverty, mortgage...
Persistent link: https://www.econbiz.de/10011851138
In a series of summits, leading countries of the world will meet to draw up an international arrangement for financial stability. Such a rule system should prevent a financial crisis as we have seen it in 2007 and 2008. It should include appropriate principles of monetary policy, rules for...
Persistent link: https://www.econbiz.de/10003773194
Persistent link: https://www.econbiz.de/10003883641