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The financial crisis that hit the world in 2008 exposed the fragility and weaknesses of our global financial system. It … has triggered a global response: world leaders – for the most part in the framework of the revitalised G20 – have held …
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Since its inception, the IASB has been able to set standards with relatively little political influence in its governance or standard setting process. But this changed with the outbreak of the global financial crisis. Political bodies began to view accounting standards as a contributing factor...
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Virtual currencies are a contemporary form of private money. Thanks to their technological properties, their global transaction networks are relatively safe, transparent, and fast. This gives them good prospects for further development. However, they remain unlikely to challenge the dominant...
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