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Russland treffen die Auswirkungen der internationalen Finanzkrise und fallender Energiepreise zu einem ungünstigen … Zeitpunkt: In den kommenden zwei Jahren muss Russland internationale Kredite in erheblicher Höhe bedienen. Aktuell zeigt sich …
Persistent link: https://www.econbiz.de/10011601940
Persistent link: https://www.econbiz.de/10011601941
From 1995 to 2001 Russia witnessed an asset market boom, a deep financial crisis, and a surprisingly forceful recovery …. An event study of this episode provides important insights for Emerging Market investment and Russia's medium … conditions. Together with persistent commitment towards international integration this heralds a long-term convergence of Russia …
Persistent link: https://www.econbiz.de/10011689911
Trotz Fusionen und Finanzkrise hat sich im Finanzsektor wenig geändert: Der Frauenanteil in den Spitzengremien der … Finanzsektor weit mehr als die Hälfte der Beschäftigten Frauen sind, stellen sie nur 2,9 Prozent der Vorstandsmitglieder in den … großen Banken und Sparkassen und nur 2,5 Prozent dieser Posten in den großen Versicherungen. Die Finanzkrise hat hier nicht …
Persistent link: https://www.econbiz.de/10011602291
For 22 years, the members of the World Trade Organization (WTO) have been discussing how to govern e-commerce and the data that underpins it. In 2019, some 74 (now 86) nations began to negotiate e-commerce. These talks are conducted in secret and little is known about how they are progressing....
Persistent link: https://www.econbiz.de/10014565952
can claim to be among the pioneer foreign investors in Russia, Ukraine, Kazakstan and Belarus. The international financial … crisis has from September 2008 demonstrated Russia?s structural vulnerability. The comprehensive countermeasures by the … contributed strongly to an improvement of Russia?s general credit-worthiness and to a growth in foreign reserves. During the 1990s …
Persistent link: https://www.econbiz.de/10011689938
We consider an overlapping generations model with two production factors and two types of agents in the presence of financial intermediation and its application to the Russian default of August 1998. The paper focuses on the analysis of the consequences of a sudden negative repayments shock on...
Persistent link: https://www.econbiz.de/10010279108
This paper reviews a number of initiatives taken by public and private institutions aimed at minimizing the impact of the on-going crisis of the financial sector on its ability to supply trade finance to support trade at affordable rates. In doing so, it draws a few policy lessons. One of them...
Persistent link: https://www.econbiz.de/10010326812
This paper studies the effectiveness of Euro Area (EA) fiscal policy, during the recent financial crisis, using an estimated New Keynesian model with a bank. A key dimension of policy in the crisis was massive government support for banks—that dimension has so far received little attention in...
Persistent link: https://www.econbiz.de/10011506754
This paper decomposes the explained part of the CDS spread changes of 31 listed euro area banks according to various risk drivers. The choice of the credit risk drivers is inspired by the Merton (1974) model. Individual CDS liquidity and other market and business variables are identified to...
Persistent link: https://www.econbiz.de/10011506710