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The financial and economic crisis had a devastating impact on bank profits, with loss-making banks reporting global … commercial losses of around USD 400 billion in 2008. This comprehensive report sets the market context for bank losses and … to bank losses from the perspective of both banks and revenue bodies; outlines the incentives that give rise to those …
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The period of democratic transition began in November 1989 and was mainly defined by the following events: the ending of the totalitarian rule of the Communist Party on 17 November 1989; the beginning of the reconstruction of state administration and the centralized economic system in January 1990; the...
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The dramatic collapse in world trade in 2009 is, this report shows, mainly due to: the drop in demand for highly traded products; the drying up of trade finance; and the vertically integrated nature of global supply chains. Contrary to expectations, protectionist measures were relatively muted and...
Persistent link: https://www.econbiz.de/10012442806
This special report assesses the impact of the crisis on the insurance sector and reviews policy responses within OECD countries. It is based to a large extent on a quantitative and qualitative questionnaire that was circulated to OECD countries in 2009. The report shows that generallythe...
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The financial crisis required governments to make massive interventions in their financial systems. This book sets out priorities for reforming incentives in financial markets as well as for phasing out these emergency measures.
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With all the economic turmoil of the past several years, have you ever wished you could buy an insurance policy to protect against the effects of a global recession? Well, such an insurance policy already exists – and it’s called higher education. During the first two years of the global...
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