Several developing economies witnessed a large number of systemic financial and currency crises since the 1980s which resulted in severe economic, social, and political problems. The devastating impact of the 1982 and 1994-95 Mexican crises, the 1997-98 Asian financial crisis, the 1998 Russian...

This paper proposes a macro-prudential financial soundness analysis that can be used by most developing and transformation countries with or without crisis experience as well as by developed countries with limited data. The objective is to detect economic and financial sector vulnerability,...

The long-lasting, widespread COVID-19 pandemic has imposed huge challenges on public health as well as economic recovery. Governments must take an active role in designing and enforcing economic policies to address various problems that pure market forces cannot, such as externalities and the...

Dieses Buch ist eine Chronik und Bestandsaufnahme der Corona-Pandemie in Deutschland von Ihren Anfängen bis heute (Juli 2021). Die durch das Virus verursachte Krise offenbart schlaglichtartig die strukturellen Schwächen unseres Landes: Ein verordnungsorientierter Staatsapparat, ein...