Narrow search
Showing 1 - 10 of 75
Cover Image
Market Failures and Regulatory Failures : Lessons from Past and Present Financial Crises
Acharya, Viral V. - 2011
The paper analyzes the financial crisis of 2007-2009 through the lens of market failures and regulatory failures and presents a case that there were four primary failures contributing to the crisis: excessive risk-taking in the financial sector due to mispriced government guarantees; regulatory...
Persistent link: https://www.econbiz.de/10013130373
Cover Image
Rebalancing the US Economy in a Postcrisis World
Bosworth, Barry - 2010
years as the economy emerges from the recession. We examine the issue from the domestic perspective of the saving and …
Persistent link: https://www.econbiz.de/10013139278
Cover Image
Foreign Direct Investment in Cross-Border Infrastructure Projects
Fung, K. C. - 2011
In this paper the authors critically review the relevant information and literature that can enhance the feasibility and the successful implementation of cross-border infrastructure projects. They provide detailed information concerning foreign direct investment in the major emerging regions:...
Persistent link: https://www.econbiz.de/10013127769
Cover Image
Trade in Services and Human Development : A First Look at the Links
Shepherd, Ben - 2011
Some services directly produce outputs that are important for human development, such as basic human services. Many other services are important inputs into the production and distribution of goods that are necessary for human development purposes. A more efficient services sector should mean...
Persistent link: https://www.econbiz.de/10013128693
Cover Image
Financial Inclusion and Financial Stability : Current Policy Issues
Hannig, Alfred - 2011
The recent financial crisis has shown that financial innovation can have devastating systemic impacts. International standard setters'' and national regulators'' response has been a global concerted effort to overhaul and tighten financial regulations. However, at a time of designing stricter...
Persistent link: https://www.econbiz.de/10013132039
Cover Image
Financial Development : A Broader Perspective
Reid, Richard - 2011
This paper seeks to add to the current debate about financial development and growth in the emerging world by looking … may be more fruitful for today's emerging world to concentrate more on addressing the needs of savers and borrowers in … each individual system. A major lesson for the emerging world from past financial development is that there are risks …
Persistent link: https://www.econbiz.de/10013132042
Cover Image
Solicited and Unsolicited Credit Ratings : A Global Perspective
Poon, Winnie P.H. - 2010
The authors conducted a global study of the long-term issuer ratings of nonfinancial firms from Standard and Poor's Ratings Services (S&P) for the period 1998–2003. Specifically, they focused on the solicited versus unsolicited ratings and sample-selection bias in the analysis. Unlike the...
Persistent link: https://www.econbiz.de/10013138521
Cover Image
Emerging Contours of Financial Regulation : Challenges and Dynamics
Mohan, Rakesh - 2012
In 2008–09 the world experienced the most severe financial and economic crisis since the Great Depression. The global …
Persistent link: https://www.econbiz.de/10013115011
Cover Image
Global Imbalances in a World of Inflexible Real Exchange Rates and Capital Controls
Hughes Hallett, Andrew J. - 2011
This paper addresses the issue of international payments in a stock-flow framework, by capturing the interaction between the current account balance and international assets portfolios of domestic and foreign investors. It is argued that the stability of such interaction may be affected by...
Persistent link: https://www.econbiz.de/10013117636
Cover Image
The Great Liquidity Freeze : What Does it Mean for International Banking?
Domanski, Dietrich - 2011
In mid-September 2008, following the bankruptcy of Lehman Brothers, international interbank markets froze and interbank lending beyond very short maturities virtually evaporated. Despite massive central bank support operations and purchases of key assets, many financial markets remained impaired...
Persistent link: https://www.econbiz.de/10013123340