Much has been written about the origins and contagious processes that led to the subprime crisis of 2007 first and to the financial crisis thereafter that characterize financial markets ever since. This retrospective is designed to illustrate that it has been human action in the very...

In our paper, the role of the state aids is analyzed in the context of the international economic and financial crisis, reviewing the new community regulations regarding the state aid measures in order to support the access to financing and the stability of banking sector in the member states....

In our paper, the role of the state aids is analyzed in the context of the international economic and financial crisis, reviewing the new community regulations regarding the state aid measures in order to support the access to financing and the stability of banking sector in the member states....

This joint report by CEPR and the Political Economy Research Institute (University of Massachusetts, Amherst) gives an estimate of $177-354 billion in revenue that could be raised by taxing financial transactions in the United States.

Even though the actual Basel II Settlement has many advantages like: more transparent and detailed bank information, the rating systems, the internal models of evaluation for risks, the three pillars which represent a whole, an equitable bank competition,

The recent economic turmoil has generated renewed interest in a financial transactions tax (FTT). While such a tax will be vigorously opposed by the financial industry, it offers a very attractive mechanism for raising revenue that is arguably efficiency-enhancing. Calculations based on 2000...

We use mean-variance analysis with short selling constraints to diagnose the effects of the recent global financial crisis by evaluating the potential benefits of international diversification in the search for ‘safe havens’. We use stock index data for a sample of developed,...

The deep crisis that crosses the American financial system, a real challenge for the proponents of globalization, has sent a strong shock wave throughout the global market, and the effects they can cause a systemic reconfiguration requires adaptation of the instruments of intervention. This...