The Asian century is dawning. The world's economic center is shifting from West to East, reshaping geopolitics. While not all Asian countries are successfully moving from industrialization to digitalization, in Southeast Asia, China, India and elsewhere, new technologies including the widespread...

This thesis consists out of three essays on systemic risk in the banking system and stock market contagion. The first essay (Trapp and Wewel, 2013, "Transatlantic systemic risk") investigates which type of systemic risk common shocks or contagion dominated in the US and European banking systems...