Similar Search Results

The Transatlantic Banking Crisis: Lessons and EU Reforms

Welfens, Paul J. J. - 2009

The key dynamics of the transatlantic banking crisis are analyzed - with emphasis on the fact that the banking disaster of 2007/08 was not really a surprise -, and the five key requirements for restoring stability and efficiency in the EU/OECD banking sector are highlighted. Most important,...

Persistent link: https://www.econbiz.de/10010331377

Vom kranken Mann zum Vorbild Europas: Kann Deutschlands Arbeitsmarkt noch vom Ausland lernen?

Eichhorst, Werner - 2011

In den letzten zwanzig Jahren hat die Bedeutung internationaler Vergleiche für die Bewertung der Arbeitsmarkt- und Sozialpolitik deutlich zugenommen. Weniger eindeutig ist jedoch die Frage zu beantworten, ob und unter welchen Bedingungen von ausländischen Erfahrungen für die Gestaltung von...

Persistent link: https://www.econbiz.de/10010331472

Exports Versus FDI Revisited: Does Finance Matter?

Buch, Claudia M.; Kesternich, Iris; Lipponer, Alexander; … - 2010

This paper explores the impact of financial constraints on the internationalization strategies of firms. It contributes to the literature by focusing on three aspects: First, the paper studies the impact of financial constraints on exporting relative to FDI. Consistent with theory, the empirical...

Persistent link: https://www.econbiz.de/10010333826

Monetary Policy Reform in a World of Central Banks

Schnabl, Gunther - 2012

monetary policy reform in a world dominated by financial markets has led to the erosion of the allocation and signaling … world economy. The backlash of high government debt levels on monetary policy making is argued to have led to a hysteresis … displacement of the prevalent world monetary system. Enhanced competition between dollar and euro as international currencies …

Persistent link: https://www.econbiz.de/10010334476

Was riet der Rat? Eine kommentierte Zusammenstellung von Aussagen des Sachverständigenrats zur Regulierung der Finanzmärkte und zugleich eine Chronik der Entstehung der Krise

Wienert, Helmut - 2009

Die Arbeit untersucht die Aussagen des Sachverständigenrates zur Beurteilung der gesamtwirtschaftlichen Entwicklung (SVR) bezüglich der Stabilität der Finanzmärkte. Die systemischen Risiken von Finanzmärkten werden vom SVR klar angesprochen, die Notwendigkeit einer staatlichen Regulierung...

Persistent link: https://www.econbiz.de/10010368381

Lehren der Finanzmarktkrise

Donges, Juergen B.; Eekhoff, Johann; Feld, Lars P.; … - 2009

Die internationale Finanzmarktkrise hat Kritikern der Marktwirtschaft Auftrieb gegeben. Eine umfassende Regulierung der Finanzmärkte erscheint Vielen als das ordnungspolitische Gebot der Stunde. In der Tat ist es für die Stabilität von Zahlungs- und Kreditbeziehungen in der Marktwirtschaft...

Persistent link: https://www.econbiz.de/10010378097

International monetary reform: A critical appraisal of some proposals

Park, Yung Chul; Wyplosz, Charles - 2012

This paper reviews some of the current debates on the reform of the international monetary system. Despite its deficiencies, the United States (US) dollar will remain the dominant currency and Special Drawing Rights (SDR) cannot serve as either an international medium of exchange or a reserve...

Persistent link: https://www.econbiz.de/10010397211

Central banking for financial stability in Asia

Kawai, Masahiro; Morgan, Peter J. - 2012

A key lesson of the 2007 - 2009 global financial crisis (GFC) was the importance of containing systemic financial risk and the need for a "macroprudential" approach to surveillance and regulation that can identify system-wide risks and take appropriate actions to maintain financial stability. By...

Persistent link: https://www.econbiz.de/10010397221

Real estate valuation, current account, and credit growth patterns before and after the 2008 - 2009 crisis

Aizenman, Joshua; Jinjarak, Yothin - 2013

This paper explores the stability of the key conditioning variables accounting for real estate valuation before and after the crisis of 2008 - 2009, in a panel of 36 countries, for the period of 2005:I - 2012:IV, recognizing the incidence of global financial crisis. Our paper validates the...

Persistent link: https://www.econbiz.de/10010397239

The international regulatory regime on capital flows

Lupo Pasini, Federico - 2011

Capital controls and exchange restrictions are used to restrict international capital flows during economic crises. This paper looks at the legal implications of these restrictions and explores the current international regulatory framework applicable to international capital movements and...

Persistent link: https://www.econbiz.de/10010397244