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crisis, and inter alia to identification of potentially effective, and potentially ineffective, public policies. Additional …
Persistent link: https://www.econbiz.de/10008596380
The April 21, 2005 issue of the LONDON REVIEW OF BOOKS carried a lead article titled ‘Blood for Oil?’ The paper is attributed to a group of writers and activists – Iain Boal, T.J. Clark, Joseph Matthews and Michael Watts – who identify themselves by the collective name ‘Retort.’ In...
Persistent link: https://www.econbiz.de/10005836969
Over the past century, the institution of capital and the process of its accumulation have been fundamentally transformed. By contrast, the theories that explain this institution and process have remained largely unchanged. The purpose of this paper is to address this mismatch. Using a broad...
Persistent link: https://www.econbiz.de/10005621372
The aim of this article is to identify systemically important banks on a European scale, in accordance with the criteria proposed by the supervisory authorities. In this study we discuss the analytical framework for identifying and benchmarking systemically important financial institutions. An...
Persistent link: https://www.econbiz.de/10011107825
We investigate the changing role and direction of Japanese bank internationalisation with an emphasis on the period from 1995 to 2008. In recent years Japan has gone from being a net receiver of international bank lending of US$230 billion (1995) to a net lender to international banks of US$235...
Persistent link: https://www.econbiz.de/10011109101
changed over time. Before the crisis, banks made more cross-border loans in countries with regulations that promoted market …. This relationship between transparency and banking flows has disappeared in the aftermath of the financial crisis. …
Persistent link: https://www.econbiz.de/10011112457
This paper analyzes the Eurodollar market, investigating the reasons for its expansion after 1973, and the consequences for monetary policy. In the first part of the paper, the issue of credit and money creation by offshore banks is considered. The nature of the liquidity creation process is...
Persistent link: https://www.econbiz.de/10011189004
When do foreign banks have an advantage operating abroad and when not? Studying the performance of foreign banks in a large number of countries between 1999 and 2006, we find that this crucially depends on a number of factors. Specifically, foreign banks tend to perform better compared to...
Persistent link: https://www.econbiz.de/10005789766
The rise of the extreme poles in the European political Spectrum, corresponds currently with a clear call for help by the site of simple People, combined with the desire for a serious confrontation with the tragic impasse reproduced by the extreme Problems of the everyday live . In this case,...
Persistent link: https://www.econbiz.de/10011251884
Desai, R. and A. Freeman. 2001. ‘Value and Crisis Theory in the “Great Recession”’. World Review of Political Economy. Vol 2 … crisis. Focusing on recent discussions of “financialisation”, in particular a recent paper by Costas Lapavitsas, this article … factors in the crisis. In value terms, financialisation is a withdrawal from the sphere of production into the sphere of …
Persistent link: https://www.econbiz.de/10011258893