The banking and currency crises of the last two decades inflictedsubstantial financial, economic, and social damage on thecountries in which they originated. In this work, the efficiencyof early warning indicators for these disastrous economic eventsis evaluated. An analysis of the traditional...

Die Dissertation beschreibt und systematisiert verschiedene Krisenbegriffe sowie den Begriff des Ansteckungseffekts. Es wird ein Literaturüberblick gegeben über theoretische und empirische Studien zu Ansteckungseffekten auf Finanzmärkten. Ein theoretisches Modell beschreibt einen denkbaren...

The approach is based on the finding that new generations of currency crises theories always had developed ex post after popular currency crises. Discussing the main theories of currency crises shows their disparity: The First Generation of currency crises models argues based on the assumption...

As a resilience enhancing practice, business continuity management (BCM) can play an important role in aiding preparation of the insurance industry for coping with the losses incurred by major discontinuity incidents: regardless of cause. Acknowledging the increasing frequency of unpredictable...

Media coverage of humanitarian crises is widely believed to influence charitable giving, yet this assertion has received little empirical scrutiny. Using Internet donations after the 2004 tsunami as a case study, we show that media coverage of disasters has a dramatic impact on donations to...

The objective of this chapter is to evaluate the theoretical debate on the choice of an exchange rate regime in light of the empirical evidence with a view to suggesting appropriate exchange rate regimes that are conducive for poverty reduction. Due to its obvious implications for poverty, the...

It seems there is a pessimistic view about the need and effectiveness of industry policy in an era of unprecedented globalization. The discussion about industry policy has been mostly on the fiscal, credit, and tariff measures, which are generally designed to favor particular activities....

Ziel dieser Arbeit ist es, Erklärungen für die im Vergleich zu Industriestaaten oft deutlich schwerer wiegenden Währungskrisen in Emerging Market Economies zu finden. Damit verbunden ist die Frage nach den Determinanten des Krisenausmaßes. Dazu wird zunächst ein detailierter Überblick...

This paper argues that the recen Southeast Asian currency crisis was caused by large prospective deficits associated with implicit bailout guarantees to failing banking systems. We articulate this view using a simple dynamic general equilibrium model whose key feature is that a speculativ attack...

This thesis analyzes certain aspects of the current account balance and its relationship to economic growth. Employing recently developed statistical and econometric techniques for estimation of non linear models, crises phenomena connected to the balance of payments are focused. The analysis of...