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Conventional economic analysis assumes that Central Counterparties (CCPs) may help to reduce systemic risk and avoid future financial crises by mandating the central clearing of over-the-counter (OTC) derivatives. This view largely goes unchallenged by governments, regulators, practitioners, and...
Persistent link: https://www.econbiz.de/10014101938
with the Enron, World-Com, Pamlat, Nortel Networks and many other financial scandals that plagued multinationals, each … corporate governance. What are the constraints, and the possible solutions? The pace at which the globalization is connecting … the world together on a common market place called cyberspace, the need to have a convergent corporate governance that …
Persistent link: https://www.econbiz.de/10012862432
Over the past five years, the renewable energy sector has experienced an unprecedented boom in terms of investment and technological development, due to growing recognition of the role it will play in combating climate change, ensuring energy security and sustainably meeting rising energy...
Persistent link: https://www.econbiz.de/10014150728
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My thesis, in a nutshell, is this: the Asian financial crisis has revealed some deep fault lines in our international economy, and for years to come we shall look back on it as a turning point in economic history. The crisis will have repercussions far into the new century, especially in three areas
Persistent link: https://www.econbiz.de/10013124956
The global financial crisis triggered a vast number of new laws and regulations at international level, including initiatives that can be classified as "soft law". The legitimacy and efficacy of these new norms are subject to intensive academic and political debates. At the same time, soft law...
Persistent link: https://www.econbiz.de/10012903436
and examines the potential operation of the equivalence regime in a post-Brexit world …
Persistent link: https://www.econbiz.de/10012910065
Today international society faces a challenge in addressing the global financial crises. Despites never-ending debating on the key causes of financial crises, it seems quite certain that there do exist a great deal of "uncertainty" in global financial market. Unlike risk, uncertainty cannot be...
Persistent link: https://www.econbiz.de/10012857106
positive impact on society, globalization and the rapid pace of technological development, including robotics and artificial … now even more supported in the dynamics of political discourses, because as it happened between the two World Wars and all … the events that led to the Second World War, liberal democracies are again showing the potential loopholes in their own …
Persistent link: https://www.econbiz.de/10014112915
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