The Asian financial crisis (1997) and the European crisis (2009) have both contributed to the development and deepening … tries to establish some lessons learned from the Asian financial crisis in 1997 and the current European crisis in order to … of regional safety net arrangements. This paper analyses the relationships between global and regional financial safety …

This paper compares financial assistance programmes of four euro-area countries (Greece, Ireland, Portugal, and Cyprus …/08 global financial and economic crisis-which were supported by the International Monetary Fund (IMF) and various European … fiscal sustainability and cross-country spillovers. Asian countries can draw several lessons from European experiences …

of financial integration between the current EU-member states and the central and eastern European accession states. We …(er) consumption correlations (just opposite to the theory of complete financial markets) does also and still exist among European … countries, even using data-sets covering most recent time periods. Thus, there seems to be less financial market integration …