wake of 1997/98 Asian financial crisis in a policy effort to prevent its recurrence. The EWS in the Republic of Korea was … suggest that quantitative models tend to have difficulty predicting a crisis due to the changing nature of crises. Hence, it …

, there is a risk of a financial crisis, and an ex ante higher buffer may counteract the effects of it on the economy. The … about a stable bank capital coverage ratio (in addition to output stabilization and the costs of crisis), optimal policy may …

, financial, and political arenas. Apart from the eurozone crisis and global monetary policy issues, for nearly two years all else … current crisis is the European Monetary Union (EMU) - a monetary union lacking fiscal and political integration. Such partial … divergence and political and social discord across member-states. Given the scale and scope of the eurozone crisis, policy and …

We analyse the long-run imbalances of finance-dominated capitalism underlying the present crisis - which began in 2007 …, the severeness of the present crisis has been mainly caused by increasing inequalities of income distribution and rising … new world financial order. -- Finance-dominated capitalism ; financial crisis ; macroeconomic policies ; Global Keynesian …

The recent euro area sovereign debt crisis has shown the importance of market reactions for the sustainability of debt …

financial and economic crisis, starting in 2007. Therefore, a more resilient financial and economic system requires the re …

existence of such a trade-off in the period characterized by the financial crisis and by the sovereign debt crisis. Then, we … conclude that the intense fiscal rules that have been introduced in the Eurozone after the emergence of the debt crisis reduced …