Showing 1 - 10 of 1,171
Cross-border bank flows, which had surged in the run-up to the global financial crisis (GFC), shrank significantly after the GFC. According to our findings, this development did not point to financial deglobalization, as was widely expected. Instead, it reflected a cross-border deleveraging of...
Persistent link: https://www.econbiz.de/10014363352
The phenomenon liberalization, with the influence of the Bretton Woods system that collapsed subsequent to the Oil Shock in 1970, first began with the efforts to discover markets to value the investments of these countries in the developed countries. In order to provide the desired capital...
Persistent link: https://www.econbiz.de/10011557595
This paper estimates the long-term effects of the global recession of 2008–2009 on output in 23 countries. I measure these effects by comparing current estimates of potential output from the OECD and IMF to the path that potential was following in 2007, according to estimates at the time. The...
Persistent link: https://www.econbiz.de/10014363205
Die Liberalisierung der globalen Finanzmärkte hat ihr Ziel verfehlt, für mehr Stabilität und Wirtschaftswachstum zu sorgen. Stattdessen folgt seit 30 Jahren eine Krise auf die andere. Jetzt werden etliche Bankenreformen diskutiert, um die Finanzmärkte krisensicherer zu machen. Dabei...
Persistent link: https://www.econbiz.de/10011307040
The recent crisis of 2008 has revealed several challenges for the economic science, sparking a considerable amount of debate regarding the profession of economists and the role of macroeconomics and monetary policies. The first question that arose was why there was a lack of anticipation of the...
Persistent link: https://www.econbiz.de/10010283050
Persistent link: https://www.econbiz.de/10011695974
Persistent link: https://www.econbiz.de/10011695975
Persistent link: https://www.econbiz.de/10011695976
Persistent link: https://www.econbiz.de/10011695978
Persistent link: https://www.econbiz.de/10011695979