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Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines,...
Persistent link: https://www.econbiz.de/10014487790
Aus der Finanzkrise ist über die Währungskrise längst eine weltweite Bedrohung des Finanzsystems geworden. Die akuten …
Persistent link: https://www.econbiz.de/10009531670
Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Now, as the world struggles to recover, it's tempting to blame what happened on just a few greedy bankers who took irrational risks and left the rest of us to foot the bill. In Fault Lines,...
Persistent link: https://www.econbiz.de/10012689546
Raghuram Rajan was one of the few economists who warned of the global financial crisis before it hit. Rajan shows how the individual choices that collectively brought about the economic meltdown--made by bankers, government officials, and ordinary homeowners--were rational responses to a flawed...
Persistent link: https://www.econbiz.de/10003930173
The main objective of this paper is to suggest reform measures to address the gaps and weaknesses in emerging Asia …'s financial regulatory and supervisory systems, on the basis of lessons drawn from the global crisis. For emerging Asia, the …-ranging financial reforms, emerging Asia will face dramatic changes in the global financial landscape. The region's authorities need to …
Persistent link: https://www.econbiz.de/10011283456
Persistent link: https://www.econbiz.de/10008780045
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relevance to Asia’s developing economies and hence require further attention at the regional level. We argue that global …
Persistent link: https://www.econbiz.de/10011283432
The global financial crisis underlined that sound and effective bank regulation is vital to financial stability. Assessments of the global financial crisis invariably point to ineffective finance regulation and supervision as the main reasons for the onset of the crisis and its severity. In...
Persistent link: https://www.econbiz.de/10011305260
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