Showing 1 - 10 of 178
Managing capital flows is the key policy challenge for emerging economies like India in the aftermath of the crisis. In … management strategy through illustrating the 2006-07 episodes of capital inflows in the buildup to the global financial crisis …
Persistent link: https://www.econbiz.de/10011807663
banking must acknowledge three major barriers. The first is a crisis of vision: there has been too little consideration of …
Persistent link: https://www.econbiz.de/10010281752
A key challenge for macroeconomic policy in open economies is how to simultaneously manage exchange rates, interest rates and capital account openness - the trilemma. This paper calculates a trilemma index for India and investigates its evolution over time. We find that financial integration has...
Persistent link: https://www.econbiz.de/10010287753
A key challenge facing most emerging market economies today is how to simultaneously maintain monetary independence, exchange rate stability and financial integration subject to the constraints imposed by the Trilemma, in the era of deepening globalization. In this paper we study the Trilemma...
Persistent link: https://www.econbiz.de/10010288142
This paper evaluates how the global financial crisis emanating from the U.S. was transmitted to emerging markets. Our … focus is on the extent that the crisis caused external market pressures (EMP), and whether the absorption of the shock was … crisis. Countries with large balance sheet exposure - high external portfolio liabilities exceeding international reserves …
Persistent link: https://www.econbiz.de/10010287787
This paper evaluates how the global financial crisis emanating from the U.S. was transmitted to emerging markets. Our … focus is on the extent that the crisis caused external market pressures (EMP), and whether the absorption of the shock was … crisis. Countries with large balance sheet exposure - high external portfolio liabilities exceeding international reserves …
Persistent link: https://www.econbiz.de/10010288116
The long history of sovereign debt and the associated enforcement problem have attracted researchers in many fields. In this paper, we survey empirical work by economists, historians, and political scientists. As we review the empirical literature, we emphasize parallel developments in the...
Persistent link: https://www.econbiz.de/10010292163
This paper attempts to clarify how the European economic crisis from 2007 onwards can be understood from the …. Chapter two provides an empirical description of the European economic crisis, which to some extent already reflects the struc … expansive capital accumulation and its limitations, facilitates a structural analysis of the European economic crisis from 2007 …
Persistent link: https://www.econbiz.de/10012099421
supervision and regulation. The post-crisis debt buildup has coincided with a period of subdued growth as well as the emergence of …
Persistent link: https://www.econbiz.de/10012388936
We review developments in the history of money, banking, and financial intermediation over the last twenty years. We focus on studies of financial development, including the role of regulation and the history of central banking. We also review the literature of banking and financial crises. This...
Persistent link: https://www.econbiz.de/10012653026