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The rise of emerging markets' financial market architecture: constituting new roles in the global financial goverancen

Metzger, Martina; Taube, Günther - 2010

This paper analyses the impact of the global financial crisis on Brazil, India and South Africa whose financial markets have shown strong resilience to the global financial turmoil. The paper shows, that in contrast to advanced countries in these emerging market economies there is contagion from...

Persistent link: https://www.econbiz.de/10015227289

Response of the Financial Markets to the European Central Bank’s Policy Announcements during the Subprime and Global Financial Crisis

Ayoki, Milton - 2010

This paper surveys evidence of the impact of macroeconomic and financial sector policy announcements in the euro area during the recent crisis on interbank credit and liquidity risk premia. Evidence suggests that interest rates cuts, fiscal stimulus and recapitalization measures were effective...

Persistent link: https://www.econbiz.de/10015255937

Determinants of Debt Crisis in EU and the Recovery Efforts

Öztürk, Mustafa; Aras, Osman Nuri; Kadı, Filiz - 2012

European Union has taken economic and financial measures to cope with the debt crises erupted in 2009. These measures can be summarized as putting in place a bail-out mechanism and austerity measures, strengthening economic policy coordination, setting up “Stability and Growth Pact III” and...

Persistent link: https://www.econbiz.de/10015257731

Blockchains and Extra-Terrestrial Nations: Role of Blockchains in the Socio-Political Milieu of Future Extra-Terrestrial Settlements

Hegadekatti, Kartik - 2017

Humanity is on the cusp of a great wave of space exploration and colonization of Extra-Terrestrial Bodies (ETB). This paper deals with the socio–political issues that may arise between Earth and E.T Settlements and the possible ways to resolve them. Firstly we discuss as to how early maritime...

Persistent link: https://www.econbiz.de/10015258350

The Economics of Global Peace

Obregon, Carlos - 2022

be the future of the world. And realism is restricted to the discussion of the balance of power, leaves aside the …, there are no ideal solutions. But strong global institutions are required in a globalized world. These institutions will … will not end military conflicts around the world, and global progress will continue to be challenged by populist …

Persistent link: https://www.econbiz.de/10015214332

Argentina’s sovereign debt default: a critical view

Georgescu, George - 2015

Following the financial crisis effects, the issue of debt sustainability became of global importance, even for international security reasons. In the EU, despite post-crisis fiscal austerity measures aimed at rebalancing the public finances, the debt-to-GDP ratio continued to deteriorate. At...

Persistent link: https://www.econbiz.de/10015246679

Stock market consequences of macro economic fundamentals

Ayub, Mehar - 2000

It is concluded in the study that the Valuation Ratio will be independent from the Equities if equity-elasticity is equal to one. However, Market Capitalization depends on the investment in equities and the market liquidity. The model has been tested in the context of Pakistan and the Monetary...

Persistent link: https://www.econbiz.de/10015235608

Conversion Theory II: the case for Recession Bonds

De Koning, Kees - 2019

In a previous paper: “Conversion Theory: the key to understanding economic developments before and after the 2008 financial crisis”, the author stated that: * By 2007, U.S. subprime mortgages comprised 14% of outstanding mortgages, equivalent to $1.46 trillion. The securitized element was...

Persistent link: https://www.econbiz.de/10015262612

Modern financial repression in the euro area crisis: making high public debt sustainable?

van Riet, Ad - 2018

The sharp rise in public debt-to-GDP ratios in the aftermath of the financial crisis of 2008 posed serious challenges for fiscal policy in the euro area countries and culminated for some member states in a sovereign debt crisis. This note examines the public policy responses to the euro area...

Persistent link: https://www.econbiz.de/10015263357

Central Banks: Powerful, Political and Unaccountable?

Buiter, Willem - 2014

Central banks’ economic and political importance has grown in advanced economies since the start of the Great Financial Crisis in 2007. An unwillingness or inability of governments to use countercyclical fiscal policy has made monetary policy the only stabilization tool in town. However, much...

Persistent link: https://www.econbiz.de/10015244651