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This document is a supplement to the brochure, Remittances in times of financial instability, and the map of remittances to Latin America and the Caribbean in 2008, produced by MIF. The document provides a short overview of significant trends affecting remittances and their impact on families,...
Persistent link: https://www.econbiz.de/10010673688
The aim of the paper is to point out the important issues of functioning of the European Union since its foundation, which are further complicated by global economic and financial crisis. In elaboration of problems, relevant studies and articles, documents of the European Union were used, as...
Persistent link: https://www.econbiz.de/10010674411
significant. A country can improve the risk characteristics of their balance of payments by holding an adequate level of foreign … is more attractive and desirable for these countries, given their risk profiles and the important component of oil export …
Persistent link: https://www.econbiz.de/10010674558
interconnections. In this vein of research, risk-based prudential regulation of financial markets is of center importance. This chapter … markets. It looks at a different nature of the regulated risk in financial markets compared with other sectors of the economy … prospects of regulatory reform in order to achieve more viable and robust risk regulation of financial markets. …
Persistent link: https://www.econbiz.de/10010674563
Around the globe observations demonstrate that the countries with expected near- future- inflation, unsustainable ballooning government spending and expected recession head towards a financial crisis unless significant policy transformations take place convincingly and before late. And whilst...
Persistent link: https://www.econbiz.de/10010674568
This chapter analyses the architecture of the International Monetary System (IMS) and the role of reserve currencies in it. We begin by describing the evolution of the IMS from the Gold Standard to the Bretton Woods system and the European integration process that led to the creation of the...
Persistent link: https://www.econbiz.de/10010674569
Since the first signs of the financial crisis appeared during 2007, several national governments announced initiatives to implement extensive bailout measures and recovery plans backed up with tax-payers money. The official language was very similar in all countries; extraordinary measures were...
Persistent link: https://www.econbiz.de/10010674570
Studies on social representations already seem to be relatively common in the field of Social Sciences. However, the particular circumstances being experienced throughout Europe as a result of the international crisis seem to bring with it new possibilities for analysis. It is in this context...
Persistent link: https://www.econbiz.de/10010674751
This paper describes how the global financial crisis of 2007-2010 impacted trade both globally and more specifically for the European emerging economies, which in terms of GDP decline, were the most negatively impacted economies in the world. Just as with GDP, the trade of the European emerging...
Persistent link: https://www.econbiz.de/10010675515
Effects of the worst crisis since the Great Depression are still being felt throughout the world. While emerging economies have found their way out, due to sound economic fundamentals, developed economies are still struggling. The crisis unfortunately proved the damages caused to real economy by...
Persistent link: https://www.econbiz.de/10010675635