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"The author describes the presence of financial conglomerates and assesses the extent to which the risks they introduce to the Chilean financial system are mitigated by existing oversight arrangements (and at what cost). In particular, he questions whether the current silo-based supervisory...
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"This paper looks at Singapore's efforts to transform the economic growth base from one that is predominantly … propelling Singapore onto an innovation-driven growth path. It takes into consideration the city-state's underlying comparative … advantages (or disadvantages) and asks how Singapore's existing strength in efficiency infrastructure may give it a first mover …
Persistent link: https://www.econbiz.de/10010522631
"The city-state of Singapore has achieved rapid economic development in the past by its positioning as an efficient … business hub in Asia. To remain competitive in the global knowledge economy, however, Singapore needs to move beyond efficiency … by developing a strong "innovative" edge as well. This paper examines the challenges that Singapore faces in seeking to …
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Preliminary result of a continuing research project that analyzes annuity markets in various countries. The projects focussed on understanding whether annuity makerts can be relied upon to provide reliable retirement income at reasonable prices
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"The intensity of recent turbulence in financial markets has surprised nearly everyone. This paper searches out the root causes of the crisis, distinguishing them from scapegoating explanations that have been used in policy circles to divert attention from the underlying breakdown of incentives....
Persistent link: https://www.econbiz.de/10010521003