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article will argue that a schism has emerged between the regulation of renewable energy in Europe and North East Asia. While … regulation with physical interconnection and shared regulatory institutions and markets, in North East Asia this has not occurred … European region, in North East Asia a more protectionist approach has been adopted to support the domestic industry due to …
Persistent link: https://www.econbiz.de/10014150728
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
When things go wrong, it is always good to find someone to blame. As the credit crisis started to unfold in 2007, credit rating agencies (“CRAs”) emerged as the villain – or scapegoat, one might say – for commentators and regulators alike. To sum up, observers accused CRAs of doing a...
Persistent link: https://www.econbiz.de/10013120955
This article examines the emerging financial crisis for governments around the western world arising from the growing …
Persistent link: https://www.econbiz.de/10013111753
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
with the Enron, World-Com, Pamlat, Nortel Networks and many other financial scandals that plagued multinationals, each … the world together on a common market place called cyberspace, the need to have a convergent corporate governance that …
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