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The article discusses the enormous private debt in Cyprus and how it impacts the conditions for economic recovery. It … multilateral financiers in reconstructing and funding viable institutions in Cyprus which can bring about change in the real … taking the fundamentals and facts of Cyprus into consideration rather than those of Europe as a whole. It is argued that the …
Persistent link: https://www.econbiz.de/10012903302
trust is the main error the Eurogroup committed last Friday. We offer a proposal for the resolution of the crisis in Cyprus …
Persistent link: https://www.econbiz.de/10013084645
The complexity of the Cyprus crisis makes answering the question of the title difficult, while the policy implications … become apparent that the Cyprus economy was headed for a crisis, and (2) Could the crisis have been averted if either public … warning signals for the crisis. These came as early as 2009-2010, much before the Cyprus sovereign was cutoff from …
Persistent link: https://www.econbiz.de/10013031535
In recent years, U.S. government entities have become increasingly active as commercial participants in corporate restructurings by providing rescue loans when private market funding is unavailable. Like private lenders, the government can effectively control the operations of distressed...
Persistent link: https://www.econbiz.de/10012963450
The Cyprus crisis is one of the most complex in the Eurozone - although in absolute terms it is a minor crisis. An … households and a severe decline of competitiveness. As a result Cyprus has amassed a large external debt that cannot be repaid … the potential impact of the Eurogroup decision of March 2013 on the Cyprus crisis …
Persistent link: https://www.econbiz.de/10013085198
This study takes Cyprus as a case country to examine the role of financial literacy for financial resilience in the …
Persistent link: https://www.econbiz.de/10014351441
This study takes Cyprus as a case country to examine the role of financial literacy for financial resilience in the …
Persistent link: https://www.econbiz.de/10014258560
From European integration to domestic politics to the development of the global economy, technocracy and private ordering have shaped economic behaviour. Such transformative private-driven forces of economic activity flourished through the promulgation of voluntary standards. In view of the...
Persistent link: https://www.econbiz.de/10012794045
Based on a review of international and regional responses to the global financial and economic crisis and its implications for finance in Asia, Douglas Arner and Lotte Schou-Zibell draw lessons for Asian financial systems with regard to the scope of regulation; financial standards; supervision,...
Persistent link: https://www.econbiz.de/10011283429
The global financial and economic crisis marks an important turning point for finance and the Asian growth model. Regional consensus is now supporting economic rebalancing away from the dominant focus on exports to developed markets and towards more a more balanced economic structure supported...
Persistent link: https://www.econbiz.de/10013132608