The thesis studies three pivotal episodes in the evolution of what became the Global Financial Crisis of 2008-09. These three events - the collapse of the US housing market, the breakdown of the repo money market, and the banking crash - are indispensable for understanding some of the key...

This book attempts to sketch the essential structure and day-to-day operations of South African financial world. In itself this was quite a task, as financial instruments, institutions, and markets, all had to be covered. This book, the first of two volumes, describes the workings of the South...