the impact of global financial crisis



Obinna Izuchukwu Okafor Post Crisis Reforms in the Nigerian Banking Industry Obinna Izuchukwu Okafor Post Crisis Reforms in the Nigerian Banking Industry Новинка

Obinna Izuchukwu Okafor Post Crisis Reforms in the Nigerian Banking Industry

3212 руб.
After the devastating effect of the 2008 global financial crisis, financial regulatory authorities around the world started enacting various forms of reform policies to stabilise the financial markets and prevent future occurrence of such crisis. This book examines the reform policies being implemented in Nigeria, with the aim of assessing the likely impact on the financial and real sectors of the economy.
Nurjadi Jason The Impact of Economic Condition on Consumer Buying Behaviour Nurjadi Jason The Impact of Economic Condition on Consumer Buying Behaviour Новинка

Nurjadi Jason The Impact of Economic Condition on Consumer Buying Behaviour

8352 руб.
Case Study of PT. Mercedes-Benz Indonesia. This book examines the consumer behaviour of Mercedes-Benz sedans before and during the global financial crisis hit the automotive industry in Indonesia. Run Chart and paired sample t-test are used to identify any statistically significant patterns in the behaviour. Surprisingly, even though global financial crisis emerges and the purchasing power is declining, sales of Mercedes-Benz sedans increase
Mario Rodolfo Calderon Huerta Corporate Social Responsibility-CSR in times of Global Economic Crisis Mario Rodolfo Calderon Huerta Corporate Social Responsibility-CSR in times of Global Economic Crisis Новинка

Mario Rodolfo Calderon Huerta Corporate Social Responsibility-CSR in times of Global Economic Crisis

6673 руб.
The recent events that brought upon the 2008 Global Economic Crisis have evidenced the importance of transparency and diligence in Corporate Governance practices, increasing the relevance of corporate strategies such as CSR and their impact to the profitability of firms. This book focuses on the relationships between the financial crisis and CSR reporting. We identify the linkages between corporations, their responsibilities, the causes of the Financial Crisis and the evolution of CSR communication. Analyzing if under a Crisis environment corporations act conservatively diminishing their CSR practices, or rather they seize the opportunity to improve their corporate image and generate competitive advantages.
Gbolahan Alashiri Global Financial Crisis and the Nigerian Petroleum Sector Gbolahan Alashiri Global Financial Crisis and the Nigerian Petroleum Sector Новинка

Gbolahan Alashiri Global Financial Crisis and the Nigerian Petroleum Sector

9202 руб.
In 2007, the mortgage crisis in the United States of America affected financial markets and later developed into a global financial crisis.The crisis quickly spilled over to contents including Africa.initially, policy makers in Nigeria believed the Nigerian economy was insulated but sooner, the effect on the economy started manifesting(in the second quarter of 2008).One of the sectors seriously affected by the financial crisis was the oil sector which contributes largely to the economy of Nigeria. Nigeria is basically regarded as a mono economy relying heavily of export of crude oil.for some time now, crude oil contributes at least 60% of the entire nations revenue rising to over 80% at some point. The financial crisis led to a significant decline in the price of crude oil.This development significantly reduce the revenue accruing to the Nigerian Government. this work examined the extend of the impact of the recent financial crisis on the the Nigerian oil sector.
Hussein Alasrag Global Financial crisis and Islamic finance Hussein Alasrag Global Financial crisis and Islamic finance Новинка

Hussein Alasrag Global Financial crisis and Islamic finance

8777 руб.
The world economy is currently facing a severe global crisis that has spilled from the financial sector to the real economy. The crisis can be traced back to July 2007 with the liquidity crisis due to the loss of confidence in the mortgage credit markets in the United States. The hope was that the crisis would be restricted to financial markets, with few repercussions on the real economy and the rest of the world. This hope was shattered in September 2008 as the crisis entered an acute phase, with strong downward fluctuations in the stock markets, substantially reduced rates of economic growth, and accompanied by increases in unemployment. The severity of this crisis has led to the evaluation of the foundations of the capitalist financial system and the search for ideas and solutions.Islamic economists contend that Islamic finance has an alternative that would prevent the recurrence of a similar crisis. This paper tries to note the main causes and the impacts of the financial and economic crisis.In addition to discuss the belief that the Islamic finance is a viable alternative to the ailing global financial system.
Sascha Huijsman The Impact of the Current Economic and Financial Crisis on Microfinance. Sascha Huijsman The Impact of the Current Economic and Financial Crisis on Microfinance. Новинка

Sascha Huijsman The Impact of the Current Economic and Financial Crisis on Microfinance.

2877 руб.
The recent global macroeconomic crisis creates an exceptionally interesting possibility to investigate the linkages of the microfinance sector to mainstream markets and its connections with domestic markets as well as international markets - a subject whose significance has increased in recent years due to the growing importance of microfinance as part of local financial systems of developing countries and with more and more involvement of commercial investors. Sascha Huijsman's book is one of the very few studies on this relationship. She provides a rigorous analysis of the impact of the financial crisis on microfinance institutions (MFIs) by using data from a worldwide survey with MFI managers and utilising monthly financial data of almost 60 MFIs. Although microfinance-specific characteristics, such as socially oriented, highly committed investors and the nature of microfinance enterprises, which typically operate in the informal sector, so far nourished the assumption that MFIs were isolated from the impact of fluctuations on mainstream markets, Huijsman's study convincingly shows that through different linkages microfinance is to a certain extent connected to formal market movements Interestingly, however, it turns out there are considerable differences between the impact on MFIs in different regions; especially MFIs in Eastern Europe have been affected. Moreover, MFIs offering savings services to their clients turned out to be more resilient to the crisis. Huijs...
Benjamin Schmitt The impact of the current financial crisis on the German labour market Benjamin Schmitt The impact of the current financial crisis on the German labour market Новинка

Benjamin Schmitt The impact of the current financial crisis on the German labour market

2102 руб.
Bachelor Thesis from the year 2009 in the subject Economics - Job market economics, grade: First Class, University of Hull, language: English, abstract: The years since the early 1970s are unprecedented in terms of the volatility in the prices of commodities, currencies, real estate and stocks, and the frequency and severity of financial crises (Kindleberger and Aliber).Many authors have already studied about reasons of the origin of financial crises and their impact on the economy concerned, since financial crises, in particular global ones and especially the current one affect all economic factors significantly. The economic growth slows down or even turns into a recession due to decreasing investments, affected by a significantly lower liquidity of companies and investors. All these factors also affect the GDP and the labour market of the economy concerned, in this case Germany, which economy has turned into a recession in February 2009. The subject of this paper has been chosen due to the present global relevance of the impact of a financial crisis on the labour market. The topic in particular has been chosen due to the fact that it is of worldwide relevance since the outbreak of the crisis analysed occurred on an unexpected scale, more precisely the worst of its kind since the Great Depression in the 1930s.The focus of this paper lies on the analysis of the current crisis in terms of the impact on the German labour market.
Financial Crisis Inquiry Commission The Financial Crisis Inquiry Report. FULL Final Report (Includiing Dissenting Views) Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States Financial Crisis Inquiry Commission The Financial Crisis Inquiry Report. FULL Final Report (Includiing Dissenting Views) Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States Новинка

Financial Crisis Inquiry Commission The Financial Crisis Inquiry Report. FULL Final Report (Includiing Dissenting Views) Of The National Commission On The Causes Of The Financial And Economic Crisis In The United States

2889 руб.
** This official edition contains more than 100 pages of dissenting views not printed in the commercial version ** In the wake of the most significant financial crisis since the Great Depression, President Obama signed into law an Act that established the Financial Crisis Inquiry Commission to "examine the causes, domestic and global, of the current financial and economic crisis in the United States. This bipartisan Commission was given a critical non-partisan mission - to examine the causes of the financial crisis that has gripped the country and to report its findings to the Congress, the President, and the American people.In the course of its research and investigation, the Commission reviewed millions of pages of documents, interviewed more than 700 witnesses, and held 19 days of public hearings in New York, Washington, D.C., and communities across the country that were hit hard by the crisis. Its final report includes the results of the Commission's inquiry and the Commission's conclusions as to the causes of the financial crisis based on this inquiry.
Marianne Ojo Recovering from the Global Financial Crisis. Achieving Financial Stability in Times of Uncertainty Marianne Ojo Recovering from the Global Financial Crisis. Achieving Financial Stability in Times of Uncertainty Новинка

Marianne Ojo Recovering from the Global Financial Crisis. Achieving Financial Stability in Times of Uncertainty

4489 руб.
Why are some global financial crises more difficult to recover from and overcome than others? What steps are necessary in ensuring that financial stability and recovery is facilitated? And what kind of environment has the previous financial environment evolved to and what kind of financial products have contributed to greater vulnerability in the triggering of systemic risks? These are among some of the questions that this book addresses. In highlighting the role and importance of various actors in post-crises reforms as well as the huge impact of certain factors and products that are contributing in exacerbating the magnitude and speed of transmission of financial contagion, this book provides an insight into why global financial crises have become more complicated to address than was previously the case. Within this book, the author doesn't merely identify and highlight the general root causes of global financial crises and the current issues, but gives each chapter recommendations and measures that contribute to the magnitude and severity of global financial crises.
Daniel Schuck The Monetary Policy of Central Banks before and during the Crisis Daniel Schuck The Monetary Policy of Central Banks before and during the Crisis Новинка

Daniel Schuck The Monetary Policy of Central Banks before and during the Crisis

5739 руб.
Master's Thesis from the year 2014 in the subject Economics - International Economic Relations, grade: 1,2, University of Applied Sciences Saarbrücken (Faculty of Business and Economics), language: English, abstract: The Federal Reserve System and the European Central Bank were both forced to implement unconventional monetary policy measures as a response to the severe impact of the global financial crisis and its aftermath. In the first stage of the global financial crisis, the conventional and unconventional monetary policy measures implemented by the Federal Reserve System and the European Central Bank were fairly similar. Both central banks focused on providing the banking sector with liquidity in order to restore interbank lending as it was a key element of ensuring a functional monetary transmission mechanism. However, when the global financial crisis transformed to a sovereign debt crisis in the euro area in 2010, the European Central Bank faced increasing divergence in sovereign spreads and the potential insolvency of euro area Member States. Therefore, its unconventional monetary policy measures focused on credit easing by purchasing sovereign as well as covered bonds in order to improve banks' and governments' funding costs. By contrast, the Federal Reserve System massively purchased government bonds and focused on decreasing interest rates and asset prices through the use of quantitative easing.
Money at the Margins. Global Perspectives on Technology, Financial Inclusion, and Design Money at the Margins. Global Perspectives on Technology, Financial Inclusion, and Design Новинка

Money at the Margins. Global Perspectives on Technology, Financial Inclusion, and Design

3964 руб.
Mobile money, e-commerce, cash cards, retail credit cards, and more--as new monetary technologies become increasingly available, the global South has cautiously embraced these mediums as a potential solution to the issue of financial inclusion. How, if at all, do new forms of dematerialized money impact people's everyday financial lives? In what way do technologies interact with financial repertoires and other socio-cultural institutions? How do these technologies of financial inclusion shape the global politics and geographies of difference and inequality? These questions are at the heart of Money at the Margins, a groundbreaking exploration of the uses and socio-cultural impact of new forms of money and financial services.
Katja Philipps Paradigm Shift or Groundhog Day. Katja Philipps Paradigm Shift or Groundhog Day. Новинка

Katja Philipps Paradigm Shift or Groundhog Day.

3989 руб.
Master's Thesis from the year 2013 in the subject Politics - International Politics - Region: Western Europe, grade: 2,0, University of Twente (School of Management and Governance), language: English, abstract: The United Kingdom has been at the epicentre of the global financial crisis erupting in 2007. The City of London's global interconnectedness as well as the long-established culture of regulatory self-independence triggered a near meltdown in the British banking system. Next to the immediate consequences for the British economy as a whole, the financial crisis led to a fundamental change of direction in national economic policies and destabilized a system of politics that had governed financial regulation in the UK for over two decades. The Thatcher administration had replaced the decaying manufacturing industry with a finance-led service sector and hence made the City of London the centrepiece of a self-ruling world based on the principles of privatisation and deregulation. The banking crash in September 2007, however, destroyed the illusion that an economic system which relied on light-touch financial regulation to promote the international competitiveness of the City was competent at the job of securing financial stability. The scale and prolonged effects of the financial crisis provided the central backdrop to the general election in May 2010. The financial crisis spurred ad-hoc policy responses around the globe and energized efforts to strengthen financial ...
Thomas Bernhardt The European Alternative Investment Fund Managers Directive (Aifmd) Thomas Bernhardt The European Alternative Investment Fund Managers Directive (Aifmd) Новинка

Thomas Bernhardt The European Alternative Investment Fund Managers Directive (Aifmd)

8127 руб.
The European Alternative Investment Fund Managers Directive (AIFMD) has been formulated as a response to the global financial crisis, which climaxed in the collapse of Lehman Brothers on 15 September 2008. The securitisation of real estate risks that came about by launching financial innovations such as asset-backed securities (ABS), mortgage-backed securities (MBS), collateralised debt obligations (CDO) or structured investment vehicles (SIV) contributed particularly to the fast worldwide circulation of 'poisoned' papers.Assuming that the financial crisis of 2008/2009 was the consequence of wrongfully set incentives that primarily concerned the fund managers' remuneration, the European Commission followed the ideas of Jacques de Larosière, Klaus-Heiner Lehne and Poul Nyrup Rasmussen and set the legal focus on the fund managers, as these entities launch and distribute financial products such as those mentioned above and also decide on the investment strategy that might bear systemic risks. Due to their financial market potential and in view of the design of financial products, these entities admittedly have a strong impact on the financial market development and may jointly be responsible for the realisation of systemic risks of transnational dimensions. In particular, in the view of a steady credit supply of the real economy, the enormous transnational mobility of capital and the global competition of financial market regulations, it seems doubtful whether one ca...
Andrew Leyshon Money and Finance After the Crisis. Critical Thinking for Uncertain Times Andrew Leyshon Money and Finance After the Crisis. Critical Thinking for Uncertain Times Новинка

Andrew Leyshon Money and Finance After the Crisis. Critical Thinking for Uncertain Times

7355.77 руб.
Money and Finance After the Crisis provides a critical multi-disciplinary perspective on the post-crisis financial world in all its complexity, dynamism and unpredictability. Contributions illuminate the diversity of ways in which money and finance continue to shape global political economy and society. A multidisciplinary collection of essays that study the geographies of money and finance that have unfolded in the wake of the financial crisis Contributions discuss a wide range of contemporary social formations, including the complexities of modern debt-driven financial markets Chapters critically explore proliferating forms and spaces of financial power, from the realms of orthodox finance capital to biodiversity conservation Contributions demonstrate the centrality of money and finance to contemporary capitalism and its political and cultural economies
Robert Kolb W. Lessons from the Financial Crisis. Causes, Consequences, and Our Economic Future Robert Kolb W. Lessons from the Financial Crisis. Causes, Consequences, and Our Economic Future Новинка

Robert Kolb W. Lessons from the Financial Crisis. Causes, Consequences, and Our Economic Future

6294.99 руб.
The world's best financial minds help us understand today's financial crisis With so much information saturating the market for the everyday investor, trying to understand why the economic crisis happened and what needs to be done to fix it can be daunting. There is a real need, and demand, from both investors and the financial community to obtain answers as to what really happened and why. Lessons from the Financial Crisis brings together the leading minds in the worlds of finance and academia to dissect the crisis. Divided into three comprehensive sections-The Subprime Crisis; The Global Financial Crisis; and Law, Regulation, the Financial Crisis, and The Future-this book puts the events that have transpired in perspective, and offers valuable insights into what we must do to avoid future missteps. Each section is comprised of chapters written by experienced contributors, each with his or her own point of view, research, and conclusions Examines the market collapse in detail and explores safeguards to stop future crises Encompasses the most up-to-date analysis from today's leading financial minds We currently face a serious economic crisis, but in understanding it, we can overcome the challenges it presents. This well-rounded resource offers the best chance to get through the current situation and learn from our mistakes.
Daniel Hosp Basel 3 and its impact on liquidity measures Daniel Hosp Basel 3 and its impact on liquidity measures Новинка

Daniel Hosp Basel 3 and its impact on liquidity measures

2989 руб.
Bachelor Thesis from the year 2011 in the subject Business economics - Investment and Finance, grade: 1, University of Innsbruck (Banken und Finanzen), language: English, abstract: 1. IntroductionOn 6 September 2009 the Central Bank Governors and Heads of Supervision agreed on Basel III after the financial crisis proved that Basel II was not capable of preventing the global economy from such a crisis (BCBS, 2008). Basel III is the third version of the international regulatory framework for financial institutions published by the Basel Committee of Banking Supervision (BCBS) of the Bank for International Settlements (BIS) located in Basel, Switzerland (BIS, www.bis.org, 30.04.2011).... ....This bachelor thesis should provide some deeper information about the impacts of the new liquidity measures. The impact of the standards on economy, financial institutions and their business segments is presented, after a detailed explanation of them. Concluding a comprehensive evaluation of the new requirements is done.2. Developments in Basel III2.1. Increasing Capital Requirements2.2. Liquidity Coverage Ratio2.3. Net Stable Funding Ratio2.4. Monitoring Tools and Application of Standards3. Initial Situation of Banks Regarding Liquidity Requirements3.1. Quantitative Impact Study of the BCBS3.2. European Quantitative Impact Study of the CEBS3.3. Comparison of Results4. Economic Impacts of the New Liquidity Requirements4.1. Benefits of the New Liquidity Requirements4.2. Costs of the New Liqui...
Theodore Malloch Roosevelt The End of Ethics and A Way Back. How To Fix A Fundamentally Broken Global Financial System Theodore Malloch Roosevelt The End of Ethics and A Way Back. How To Fix A Fundamentally Broken Global Financial System Новинка

Theodore Malloch Roosevelt The End of Ethics and A Way Back. How To Fix A Fundamentally Broken Global Financial System

3313.15 руб.
Bestselling author and professor Ted Malloch calls for real financial reform to restore confidence and fairness to a broken system From Ponzi schemes to the credit crisis to the real estate bubble, the financial industry seems to have lost its way on the road to riches. As private greed continues to undermine the public good, one might wonder what ever happened to business ethics. And how can we reform the global financial system to benefit everyone, rather than just the very lucky few? In The End of Ethics and the Way Back, the bestselling author of Doing Virtuous Business teams up with attorney and Yale University Postdoctoral Fellow, Jordan Mamorsky to examine the most recent failures of business virtue, prudence, and governance—from Bernie Madoff to Jon Corzine and MF Global—before offering a set of structural and holistic solutions for our current ethical crisis in global finance. Features compelling case studies that reveal the saturation of economic vice in global finance Suggests structural reforms to the global financial system that would increase confidence among consumers and encourage ethical behavior among finance professionals Written by Ted Malloch, author of the bestseller Doing Virtuous Business with attorney Jordan Mamorsky Ideal for financial regulators, business students and academics, and professionals in the finance industry
Ingo Walter Regulating Wall Street. The Dodd-Frank Act and the New Architecture of Global Finance Ingo Walter Regulating Wall Street. The Dodd-Frank Act and the New Architecture of Global Finance Новинка

Ingo Walter Regulating Wall Street. The Dodd-Frank Act and the New Architecture of Global Finance

3644.47 руб.
Experts from NYU Stern School of Business analyze new financial regulations and what they mean for the economy The NYU Stern School of Business is one of the top business schools in the world thanks to the leading academics, researchers, and provocative thinkers who call it home. In Regulating Wall Street: The New Architecture of Global Finance, an impressive group of the Stern school’s top authorities on finance combine their expertise in capital markets, risk management, banking, and derivatives to assess the strengths and weaknesses of new regulations in response to the recent global financial crisis. Summarizes key issues that regulatory reform should address Evaluates the key components of regulatory reform Provides analysis of how the reforms will affect financial firms and markets, as well as the real economy The U.S. Congress is on track to complete the most significant changes in financial regulation since the 1930s. Regulating Wall Street: The New Architecture of Global Finance discusses the impact these news laws will have on the U.S. and global financial architecture.
Daniel Lacalle Life in the Financial Markets. How They Really Work And Why They Matter To You Daniel Lacalle Life in the Financial Markets. How They Really Work And Why They Matter To You Новинка

Daniel Lacalle Life in the Financial Markets. How They Really Work And Why They Matter To You

3313.15 руб.
An accessible and thorough review of the international financial markets Life in the Financial Markets—How They Really Work And Why They Matter To You offers the financial services professional, and anyone interested in knowing more about the profession, an entertaining and comprehensive analysis of the financial markets and the financial services industry. Written by Daniel Lacalle—a noted portfolio manager with EcoFin and well-known media personality—the book goes beyond a simple summary and offers solid advice on the future of the global financial markets. This great resource also includes a review of effective strategies and forecasts the trends that represent potential opportunities for investors. The book reviews the recent history of the financial crisis and includes information on hot topics such as derivatives and high frequency trading. An in-depth section on investment banking is written from the perspective of a successful practitioner and provides clarity on several complex and overly politicized elements of the banking system. The author gives an expert's perspective on the debt markets, monetary policies, and quantitative easing, and helps explain the various issues surrounding sovereign debt, the Euro crisis, and austerity versus growth policies. Comprehensive in scope, this resource also offers an analysis of investment styles, from hedge funds to «long only» investments, as well as an in-depth look at corporate communication and its impact on markets and investments. Offers an engaging and comprehensive analysis of the financial services industry Includes information on the workings of the global financial system following the economic crisis Contains a review of complex banking systems Analyzes the various investment styles and answers the most common questions pertaining to investing
Ashok Bardhan Global Housing Markets. Crises, Policies, and Institutions Ashok Bardhan Global Housing Markets. Crises, Policies, and Institutions Новинка

Ashok Bardhan Global Housing Markets. Crises, Policies, and Institutions

6626.3 руб.
A global look at the reasons behind the recent economic collapse, and the responses to it The speculative bubble in the housing market began to burst in the United States in 2007, and has been followed by ruptures in virtually every asset market in almost every country in the world. Each country proposed a range of policy initiatives to deal with its crisis. Policies that focused upon stabilizing the housing market formed the cornerstone of many of these proposals. This internationally focused book evaluates the genesis of the housing market bubble, the global viral contagion of the crisis, and the policy initiatives undertaken in some of the major economies of the world to counteract its disastrous affects. Unlike other books on the global crisis, this guide deals with the housing sector in addition to the financial sector of individual economies. Countries in many parts of the world were players in either the financial bubble or the housing bubble, or both, but the degree of impact, outcome, and responses varied widely. This is an appropriate time to pull together the lessons from these various experiences. Reveals the housing crisis in the United States as the core of the meltdown Describes the evolution of housing markets and policies in the run-up to the crisis, their impacts, and the responses in European and Asian countries Compares experiences and linkages across countries and points to policy implications and research lessons drawn from these experiences Filled with the insights of well-known contributors with strong contacts in practice and academia, this timely guide discusses the history and evolution of the recent crisis as local to each contributor's part of the world, and examines its distinctive and common features with that of the U.S., the trajectory of its evolution, and the similarities and differences in policy response.
Colin Jones Property Boom and Banking Bust. The Role of Commercial Lending in the Bankruptcy of Banks Colin Jones Property Boom and Banking Bust. The Role of Commercial Lending in the Bankruptcy of Banks Новинка

Colin Jones Property Boom and Banking Bust. The Role of Commercial Lending in the Bankruptcy of Banks

8521.46 руб.
A fascinating analysis of the critical role commercial property investment played in the economic boom and bust during the global financial crisis The unprecedented financial boom stretching from the mid-1990s through 2008 ultimately led to the deepest recession in modern times and one of the slowest economic recoveries in history. It also resulted in the emergence of the draconian austerity policies that have swept across Europe in recent years. Property Boom and Banking Bust offers an expert insight into the complex property market dynamics that contributed to the Great Financial Crisis of 2008 and its devastating economic consequences. It is the first book to focus on a woefully underreported dimension of the crisis, namely, the significant role that lending on commercial property development played in the crisis. Among other key topics, the authors explore the philosophical and behavioral factors that propelled irresponsible bank lending and the property boom; how it led to the downfall of the banks; the impact of the credit crunch on the real estate industry generally in the wake of the financial crisis; the catastrophic effects the property bust had on property investors, both large and small; and how the financial institutions have sought to recover in the wake of the financial crisis. Provides valuable insights into what happened in previous booms and busts, particularly in the 1970s and 1980s, and how they compare with the most recent one Offers an expert assessment of the consequences of the global financial crisis for the banking system and the commercial property industry Examines strategies banks have used to recover their positions and manage the overhang of indebtedness and bad property assets Addresses strategies the real estate industry have used to recover from the collapse in property values Written in an accessible style, and featuring numerous insider case accounts from property bankers, Property Boom and Banking Bust disentangles the complex, tightly-woven factors that led to the Great Financial Crisis of 2008, while offering powerful lessons for property industry professionals on how to avoid having history repeat itself.
Bent Greve The Times They Are Changing? Crisis and the Welfare State Bent Greve The Times They Are Changing? Crisis and the Welfare State Новинка

Bent Greve The Times They Are Changing? Crisis and the Welfare State

2222.46 руб.
The Times They Are Changing? Crisis and the Welfare State presents a series of readings from international policy researchers that examine the effects of the recent financial crisis on welfare states around the world. Provides comprehensive and in depth coverage of changes in welfare states as a result of the financial crisis Reveals how the financial crisis is changing our perception of the welfare states Features contributions from policy researchers and academics from around the world
Henri Sjöblom The Systematic Risk of the Best-Performing Microfinance Institutions Henri Sjöblom The Systematic Risk of the Best-Performing Microfinance Institutions Новинка

Henri Sjöblom The Systematic Risk of the Best-Performing Microfinance Institutions

4500 руб.
This book empirically examines the systematic risk of the best-performing microfinance institutions to the global and domestic markets. The primary purpose for conducting this research is to observe whether the resilience of the microfinance industry has remained correspondingly intact during the period of the financial crisis, as it did formerly. The empirical results indicate that these MFIs show statistically significant and positive correlation to the global and domestic capital markets. During the financial crisis, MFIs demonstrated a greater sensitivity to international capital markets movements than those of emerging-market commercial banks – indicating a higher systematic risk. However, the resilience of MFIs to the global and domestic market movements is diminishing, at least in regard to the best-performing institutions, and thus it is questionable whether investors would yield any portfolio diversification benefits from such investments.
Viktoriya Sheyretova Did the accounting treatment of financial instruments contribute to the collapse of Lehman Brothers. Viktoriya Sheyretova Did the accounting treatment of financial instruments contribute to the collapse of Lehman Brothers. Новинка

Viktoriya Sheyretova Did the accounting treatment of financial instruments contribute to the collapse of Lehman Brothers.

2214 руб.
Bachelor Thesis from the year 2015 in the subject Economics - Finance, grade: 1,7, University of Frankfurt (Main), language: English, abstract: The main issue of this working paper is whether the accounting treatment of the Repurchase agreement 105 contributed to the collapse of Lehman Brothers. It was questioned how the Repos were used and the following effects over Lehman's financial stability. While seeking for an appropriate solution of the main issue, the paper goes through the historical fluctuations of the financial system, from the 1950s till 2006 (two years before the Lehman's bankruptcy). Further, the paper reviews some causes that may have led to the collapse of the investment bank. Finally, the global impact of the collapse has been summarized and possible preventions from future crisis have been proposed by the author.
Ariane Hillig Causes and Consequences of Economic Imbalances. Comparison of US-Asia and Europe Ariane Hillig Causes and Consequences of Economic Imbalances. Comparison of US-Asia and Europe Новинка

Ariane Hillig Causes and Consequences of Economic Imbalances. Comparison of US-Asia and Europe

7577 руб.
In the past ten years, huge economic imbalances among US-Asia as well as eurozone countries have built up which have led to numerous crisis situations. Thus, the goal of this book is to find out if economic imbalances are sustainable or if they need to be rebalanced? What role do distinct national policies play? The author is going to compare the imbalances of US-China with the intra-euro imbalances of Germany, Spain and Italy. Firstly, the historical development of the economic imbalances is presented in order to point out the unprecedented height of the mentioned imbalances. Furthermore, the author is analyzing the causes of imbalances by presenting the development of the competitiveness, the saving-/investment rates, the financial markets as well as the different national policies. It is shown that distinct national policies were the underlying causes for the development of such high economic imbalances. After having seen the historical development as well as the causes, the author describes the possible costs and benefits of having imbalances as well as the implications of the global financial crisis and the current European crisis. Due to the increasing globalization, the financial crisis spread fast and led to huge losses and decreasing investor's trust in European countries. This resulted in the European crisis which subsequently could also endanger the global economy. Because of the huge crisis' impact, traditional and alternative balancing channels are also c...
Kaushik Nandan Risk management in the light of current global financial meltdown Kaushik Nandan Risk management in the light of current global financial meltdown Новинка

Kaushik Nandan Risk management in the light of current global financial meltdown

3002 руб.
Master's Thesis from the year 2009 in the subject Business economics - Business Management, Corporate Governance, University of Glasgow, course: M.Sc in Management, language: English, abstract: The study illustrates the poor risk management by financial institutions which have resulted in the global financial meltdown. The reality of practical risk management is much complex involving issues from regulations to innovations. There are a number of issues which are interconnected and financial innovations have tied everything together in such a way that it has created a huge systemic risk for the whole financial system. The evaluation of the failed risk management which was practiced in reality is the focus of this dissertation. The dissertation begins with the established risk management theories and different types of risks that can be identified. The models that are critiqued in the study are widely used by present financial institutions. The issue of subprime crisis which eventually led to the global financial meltdown is something not found directly in risk management theories. Further insight is provided with two case studies. Solution to the issue is deliberately not suggested as it would be another temporary solution before the next crisis. It is risk managers and top management who has to take rational decisions and carefully analyze their investment decisions.
Aron Gottesman Understanding Systemic Risk in Global Financial Markets Aron Gottesman Understanding Systemic Risk in Global Financial Markets Новинка

Aron Gottesman Understanding Systemic Risk in Global Financial Markets

4969.73 руб.
An accessible and detailed overview of the risks posed by financial institutions Understanding Systemic Risk in Global Financial Markets offers an accessible yet detailed overview of the risks to financial stability posed by financial institutions designated as systemically important. The types of firms covered are primarily systemically important banks, non-banks, and financial market utilities such as central counterparties. Written by Aron Gottesman and Michael Leibrock, experts on the topic of systemic risk, this vital resource puts the spotlight on coherency, practitioner relevance, conceptual explanations, and practical exposition. Step by step, the authors explore the specific regulations enacted before and after the credit crisis of 2007-2009 to promote financial stability. The text also examines the criteria used by financial regulators to designate firms as systemically important. The quantitative and qualitative methods to measure the ongoing risks posed by systemically important financial institutions are surveyed. A review of the regulations that identify systemically important financial institutions The tools to use to detect early warning indications of default A review of historical systemic events their common causes Techniques to measure interconnectedness Approaches for ranking the order the institutions which pose the greatest degree of default risk to the industry Understanding Systemic Risk in Global Financial Markets offers a must-have guide to the fundamentals of systemic risk and the key critical policies that work to reduce systemic risk and promoting financial stability.
Brett Scott The Heretic's Guide to Global Finance. Hacking the Future of Money Brett Scott The Heretic's Guide to Global Finance. Hacking the Future of Money Новинка

Brett Scott The Heretic's Guide to Global Finance. Hacking the Future of Money

2952 руб.
Following the bank bailout and the Global Financial Crisis, anger towards the financial system reached new heights. Yet the practical workings of the system remain opaque to many people, this practical guide to the financial sector will bridge the gap between protest slogans and practical proposals for reform.Activist and former derivatives broker Brett Scott proposes a framework for understanding financial institutions, based on the three principles of 'Exploring', 'Jamming' and 'Building'. By following this process, users will gain complete understanding of the machinations of the financial sector, learning how best to effectively disrupt the system and, finally, how to build new, democratic financial systems.
Laura Gerke-Teufel Consequences of selected Basel III regulations for real estate developers Laura Gerke-Teufel Consequences of selected Basel III regulations for real estate developers Новинка

Laura Gerke-Teufel Consequences of selected Basel III regulations for real estate developers

4477 руб.
Masterarbeit aus dem Jahr 2013 im Fachbereich BWL - Investition und Finanzierung, Munich Business School, Sprache: Deutsch, Abstract: The high leveraged American real estate investment market dominated by speculators, brought about a global financial crisis of epic proportions in 2008. The global financial recession, which followed, highlighted a gloomy rate of interdependence in the banking world. It exposed the tight interconnection of the American real estate market and the structures of the global financial market (Panagopoulos et al. 2009, 2-4).In December 2010, the Basel Committee on Banking Supervision published the report ''Basel III: A Global Regulatory Framework for More Resilient Banks and BankingSystems'' which will be implemented gradually across the European Union (among others) between 2013 and 2019 and supplements the existing International Convergence of Capital Measurement Document (Basel II) which was implementedin 2008 (Basel Committee on Banking Supervision, 2013).The reformed capital and liquidity requirements for banks, Basel III, is a response to the global financial crisis and represents a substantial step forward from its predecessor regime, Basel II which already based credit costs on the degree of risk. One of the most significant outcomes of Basel III will be the enormous rise in the banking industry's capital requirements and the rise in lending as well as borrowing costs (Basel Committee on Banking Supervision, 2013).Real est...
John C. Bogle Stewardship. Lessons Learned from the Lost Culture of Wall Street John C. Bogle Stewardship. Lessons Learned from the Lost Culture of Wall Street Новинка

John C. Bogle Stewardship. Lessons Learned from the Lost Culture of Wall Street

1852.05 руб.
A compelling argument for why stewardship of wealth and service to others should be our highest financial priority Stewardship is the journey of financial insider John Taft towards understanding and affirming the importance of stewardship—which he has come to define as «serving others»—as a core principle for the financial services industry, the global financial system, and society at large. By defining the attributes of authentic stewardship, this book presents a path forward by analyzing the success of Canadian banks in weathering the financial crisis; evaluates the effectiveness of global financial reform efforts in making the financial system safer, sounder, and more secure; offers wealth management prescriptions for individual investors; evaluates the potential of ESG (environmental, social, and governance) investment processes as a way to instill stewardship behaviors among corporate CEOs (particularly at financial services firms); and, ultimately, calls for a return to stewardship's core principles as the key to not only minimizing the scope and consequences of future failures, but also to addressing other societal challenges. Argues for a return towards stewardship, with financial services companies doing right by their customers Analyzes the response of Canadian banks to the financial crisis to provide meaningful advice for investors and businesses alike Inspired by Taft's experience running one of the largest wealth management firms in the country during the financial crisis and his direct participation in subsequent legislative and regulatory efforts to rewrite the rules under which the U.S. securities industry operates From the man who made the decision to reimburse clients affected by the collapse of a money market mutual fund comes a compelling look at why financial service companies should start doing what's right for their customers.
Panagiotis Papadopoulos Recovery of Financial Markets and Institutions and Challenges in Post-Crisis Era Panagiotis Papadopoulos Recovery of Financial Markets and Institutions and Challenges in Post-Crisis Era Новинка

Panagiotis Papadopoulos Recovery of Financial Markets and Institutions and Challenges in Post-Crisis Era

1364 руб.
Research Paper (postgraduate) from the year 2011 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 70%, University of Westminster (Westminster Business School), course: MSc Finance and Accounting/ MSc International Finance, language: English, abstract: This coursework examines the effects which the financial crisis from 2007 to 2009 had in financial markets and institutions. Particularly, we are deeply analyzing the impact in the Stock Markets in the USA and Europe. We will concentrate on US stock market (S&P 500) and provide an incessant brief link to European stock markets such as FTSE 100 and DAX. The financial crisis from 2007 to 2009 is considered by many economists to be the worst crisis since the Great Depression of the 1930s. Furthermore, the use of monetary and fiscal policies and regulatory reforms is observed as well as what where the implications of these actions. Additionally, a discussion concerning the prospects of financial regulatory and the implications for the financial sector and economic growth are of great importance. To sum up, new trends and developments of the financial landscape and new challenges for partici-pants are discussed.
Patrick Kemtzian Finance and Psychology - A never-ending love story.. Behavioural Finance and its impact on the credit crunch in 2009 Patrick Kemtzian Finance and Psychology - A never-ending love story.. Behavioural Finance and its impact on the credit crunch in 2009 Новинка

Patrick Kemtzian Finance and Psychology - A never-ending love story.. Behavioural Finance and its impact on the credit crunch in 2009

4302 руб.
In the last decades many financial crises have emerged, like the stock crash of 1987, the Asian crisis in 1997 and the global financial crisis that started in 2008. Although those crises occurred for different reasons, they all proved financial markets to be inefficient. Not all traders think rationally. Behavioural patterns cause irrationality amongst traders. Even after decades of research in this field, financial crises like the latest one in 2008 still develop out of a combination of different behavioural patterns like herding. As a consequence those patterns deserve an in-depth analysis that is conducted by the author in this work.In order to find out to what extent behavioural finance influences the decision -making process of traders and investors the seven most relevant behavioural patterns have been identified and analysed through qualitative research in form of primary research. The informal interview with the sophisticated trader Thomas Vittner serves as empirical evidence for the significance of the determined behavioural patterns. To find out, whether public investors and traders showed a herding behaviour towards analysts' stock recommendations in the financial crisis and its recovery, quantitative research has been made by conducting an experiment. Stocks performances in relation to analysts' recommendations were analysed and evaluated.The author's selected behavioural patterns are influencing traders' and investors' decision-making processe...
Richard Davis K. Managing to the New Regulatory Reality. Doing Business Under the Dodd-Frank Act Richard Davis K. Managing to the New Regulatory Reality. Doing Business Under the Dodd-Frank Act Новинка

Richard Davis K. Managing to the New Regulatory Reality. Doing Business Under the Dodd-Frank Act

3309.84 руб.
How to manage and profit from the new financial regulatory reality Now, more than ever, navigating the new financial regulations is paramount for the survival of many large institutions. Managing to the New Regulatory Reality: Doing Business Under the Dodd-Frank Act provides the most important, need-to-know lessons for private sector management, boards of directors, policymakers, and even regulators, shedding light on the movement from crisis to panic, regulatory reform to winning under continuing financial regulatory uncertainty. Reviews the causes of 2008's financial crisis, and assesses its impact on multiple stakeholders Describes and analyzes the impact of the immediate U.S. and G20 policy and regulatory reactions on financial institutions that the crisis response triggered Explains the legislative policies, and examines how institutions and the financial services industry can make these new policies and regulations work for them All financial institutions, but especially large companies, will have to aggressively manage to the new regulatory reality. Managing to the New Regulatory Reality is the must-have survival guide to sustaining profitability despite all the new red tape.
Ludwig Chincarini B. The Crisis of Crowding. Quant Copycats, Ugly Models, and the New Crash Normal Ludwig Chincarini B. The Crisis of Crowding. Quant Copycats, Ugly Models, and the New Crash Normal Новинка

Ludwig Chincarini B. The Crisis of Crowding. Quant Copycats, Ugly Models, and the New Crash Normal

2650.52 руб.
A rare analytical look at the financial crisis using simple analysis The economic crisis that began in 2008 revealed the numerous problems in our financial system, from the way mortgage loans were produced to the way Wall Street banks leveraged themselves. Curiously enough, however, most of the reasons for the banking collapse are very similar to the reasons that Long-Term Capital Management (LTCM), the largest hedge fund to date, collapsed in 1998. The Crisis of Crowding looks at LTCM in greater detail, with new information, for a more accurate perspective, examining how the subsequent hedge funds started by Meriwether and former partners were destroyed again by the lapse of judgement in allowing Lehman Brothers to fail. Covering the lessons that were ignored during LTCM's collapse but eventually connected to the financial crisis of 2008, the book presents a series of lessons for hedge funds and financial markets, including touching upon the circle of greed from homeowners to real estate agents to politicians to Wall Street. Guides the reader through the real story of Long-Term Capital Management with accurate descriptions, previously unpublished data, and interviews Describes the lessons that hedge funds, as well as the market, should have learned from LTCM's collapse Explores how the financial crisis and LTCM are a global phenomena rooted in failures to account for risk in crowded spaces with leverage Explains why quantitative finance is essential for every financial institution from risk management to valuation modeling to algorithmic trading Is filled with simple quantitative analysis about the financial crisis, from the Quant Crisis of 2007 to the failure of Lehman Brothers to the Flash Crash of 2010 A unique blend of storytelling and sound quantitative analysis, The Crisis of Crowding is one of the first books to offer an analytical look at the financial crisis rather than just an account of what happened. Also included are a layman's guide to the Dodd-Frank rules and what it means for the future, as well as an evaluation of the Fed's reaction to the crisis, QE1, QE2, and QE3.
Francis Mulenga Muma The Impact of the Global Economic Recession on Low-Income Countries Francis Mulenga Muma The Impact of the Global Economic Recession on Low-Income Countries Новинка

Francis Mulenga Muma The Impact of the Global Economic Recession on Low-Income Countries

1689 руб.
Research Paper (undergraduate) from the year 2010 in the subject Economics - International Economic Relations, grade: Grade1, Xiamen University (School of Economics), course: International Economics, language: English, abstract: This paper has attempted to analyze the Impact of the past current Global Economic Recession on Low Income Countries (LICs), by showing how it started, its impact on the real economy and how it spread to the LICs. Further the Paper has tried to highlight policy choices confronting the LICs in order to mitigate the crisis and avoid the recurrence of further crisis in future.
Azim Mohammad, Subramanian Manoj Kumar Global Financial Crisis, Directors. Remuneration and Performance Azim Mohammad, Subramanian Manoj Kumar Global Financial Crisis, Directors. Remuneration and Performance Новинка

Azim Mohammad, Subramanian Manoj Kumar Global Financial Crisis, Directors. Remuneration and Performance

8789 руб.
A substantial and influential literature demonstrates conflicting evidence that director remuneration is either positively or negatively correlated with corporate performance. In some instances, studies suggested to have no link between director remuneration and corporate performance. Research interest in this topic has been further fuelled with the collapse of many multinational banks during the recent global financial crisis. In this research, a re-examination of the link between director remuneration and firm performance in the big four Australian banks is being conducted. We used both financial data and non-financial data. Financial data is retrieved from databases such as Aspect Fin Analysis and banks' annual report and non-financial data retrieved from various newspaper and other available publications. Overall this we found there is no relationship between director remuneration and firm performance in the big four banks for the period pre, during or post Global Financial Crisis. These findings also hold true with a lag and lead years and goes on to suggest that the relationship between the director remuneration and performance dosen't forge a link in the long term as well.
Tulus Tambunan Global Economic Crisis and ASEAN Economy Tulus Tambunan Global Economic Crisis and ASEAN Economy Новинка

Tulus Tambunan Global Economic Crisis and ASEAN Economy

8364 руб.
This book is about the global economic crisis occurred in the period 2008-2009 with the reference to the economy of member countries of the Association of Southeast Asian Nations (ASEAN). The main reason that this book focuses on ASEAN is simply because since 1990 until today the region has been hit by two big economic crisis. The first one was known as the Asian financial crisis happened in 1997-1998, which is considered merely as a regional economic crisis since it was originated within the region and its has not really produced a global economic recession. The second one was that in 2008-09, which started first in 2007 as a huge financial crisis in the United States (US) and then spread worldwide. The experiences with these two big economic crises strongly suggest that the economy of many ASEAN member countries, especially Indonesia, Thailand, Malaysia, Singapore and the Philippines is vulnerable to any economic shocks; although the level of vulnerability to economic crises may vary by country.
José Luis León-Manríquez, Theresa Moyo The Global Financial and Economic Crisis in the South. Impact and Responses José Luis León-Manríquez, Theresa Moyo The Global Financial and Economic Crisis in the South. Impact and Responses Новинка

José Luis León-Manríquez, Theresa Moyo The Global Financial and Economic Crisis in the South. Impact and Responses

6264 руб.
This book is the outcome of a South-South conference jointly organized by the Asian Political and International Studies Association (APISA), the Latin American Council of Social Sciences (CLACSO) and the Council for the Development of Social Science Research in Africa (CODESRIA) in Dakar, Senegal, May 2012. The conference was organised in response to the financial crisis of 2008 which started in the United States and Europe, with reverberating effects on a global scale. Economic problems emanating from such crises usually leave major social and structural impacts on important sectors of the society internationally. They affect living standards and constrain the well-being of people, especially in poor countries. Persistent problems include high unemployment, increased debt and low growth in developed countries, as well as greater difficulties in accessing finance for investment in the developing world. There is a need for countries in the South to examine the available options for appropriate national and regional responses to the different problems emanating from the economic crisis.This book attempts to provide ideas on some strategic responses to the disastrous impact of the crisis, while keeping in mind the global common interest of the South. It is hoped that the book will contribute significantly towards the agenda to rethink development and the quest for alternative paradigms for a just, stable and equitable global political, economic and social system. A system in whi...
Jan-David Blaese International Institutions and the Power of the Eu. How Has It Been Affected by the Financial Crisis. Jan-David Blaese International Institutions and the Power of the Eu. How Has It Been Affected by the Financial Crisis. Новинка

Jan-David Blaese International Institutions and the Power of the Eu. How Has It Been Affected by the Financial Crisis.

5677 руб.
Power shifts happened several times throughout history, but they do not occur frequently and are often connected with the use of force. Presently, there is a power shift from the western industrialized states, e.g., from member states of the European Union (EU), to Asian states, in particular China. However, in spite of this growth, it is disputed to what extent the rise of these economies already transcended into power and how it will develop in the future.What is clear by now is that the recent global financial and economic crisis was the worst one in post World War II history. The crisis emerged in the United States and then spread to the EU and to other countries. It led to quickly rising public debt levels in western industrialized states.During this time, states like China or India extended their participation within global economic governance foras, such as the International Monetary Fund (IMF) or the G20. This raises the question of how the power of the European Union within these international institutions was affected by the crisis? The purpose of this publication is to research this question.Consequently, the examination is situated within the domain of the global financial and economic crisis, the shift of power and the power of the EU in international institutions. In order to give an answer to the above stated question, the power shift in international institutions during the time of crisis is to be assessed. The IMF and the G20 are analyzed in depth in order to...
Markus Baum Strategic Management in a Global Context impact of the downturn Markus Baum Strategic Management in a Global Context impact of the downturn Новинка

Markus Baum Strategic Management in a Global Context impact of the downturn

2677 руб.
Scientific Essay from the year 2010 in the subject Business economics - Business Management, Corporate Governance, The University of Surrey (School of Management ), language: English, abstract: ABSTRACT & CONCLUSIONThe current recession, arising from a real estate crisis in the US and followed by a global financial crisis, has affected industries differently around the world. The automotive industry decreased by 15% globally in production of cars and light commercial vehicles (VDA, 2009) as result of the downturn. Lot of companies were supported by the government directly or indirectly. Obsolete structure of the industry and high overcapacity are the main problems. The assessment in this paper examines and evaluates the global impact of the downturn on the automotive industry and how the industries have reacted. BMW, one of the ten largest car manufacturers worldwide, operates experienced a 10.4% loss in sales in relating to the previous year as result of the recession and decrease in demand in the automotive industry. The reaction to it was for example less investment in to R&D and redundancies. Almost all resources, capabilities and competitiveness of BMW were concerned. The extent to which the downturn affected those will be examined and evaluated in the second part of this paper.The most important future trends in the automotive industry will be "green technology" and "changing in customers demand". Capacity optimization will be important to win th...
Gail Rolland Market Players. A Guide to the Institutions in Today's Financial Markets Gail Rolland Market Players. A Guide to the Institutions in Today's Financial Markets Новинка

Gail Rolland Market Players. A Guide to the Institutions in Today's Financial Markets

3896.26 руб.
The global financial markets are not just driven by the big investment houses and fund managers. Along with these, private banks, insurance houses, hedge funds, sovereign wealth funds and a range of boutique investment managers, regional institutions and brokers of different sizes and nationalities all operate and interact to form the bedrock of the global financial infrastructure. Because of this, it is essential that practitioners and observers of the markets fully understand the linkages, objectives and functions of these institutions, and the new and dynamic environment they are working in. Market Players provides a complete roadmap to the institutions and intermediaries operating in today's global financial landscape, illustrating what they are, how they work, how they interact and importantly, their motivation. It explains the core financial market business of these institutions and considers how they have become the firms that we see today, providing readers with a clear understanding of which market sectors are likely to see the most involvement from the different types of institution and, importantly, why they are involved in these market areas. Key features include: a series of case studies looking at examples of some of these institutions including an explanation of the EIB and the UK agency UKFI. They also look at the financial crisis and the impact on AIG and Northern Rock, two institutions that clearly illustrate what can go wrong and how the other market players have to step in when this happens. an international perspective looking at representative institutions from Europe, Asia and North America, showing global similarities and differences. a Post Financial Crisis perspective on the structure of international banks in today's markets. coverage of the major players on both the buy and sell side of the market Written in plain English, Market Players is an accessible and much needed guide to financial institutions, equipping readers with the knowledge to better understand how the global financial markets really work.
Gail Rolland Market Players. A Guide to the Institutions in Today's Financial Markets Gail Rolland Market Players. A Guide to the Institutions in Today's Financial Markets Новинка

Gail Rolland Market Players. A Guide to the Institutions in Today's Financial Markets

3796.22 руб.
The global financial markets are not just driven by the big investment houses and fund managers. Along with these, private banks, insurance houses, hedge funds, sovereign wealth funds and a range of boutique investment managers, regional institutions and brokers of different sizes and nationalities all operate and interact to form the bedrock of the global financial infrastructure. Because of this, it is essential that practitioners and observers of the markets fully understand the linkages, objectives and functions of these institutions, and the new and dynamic environment they are working in. Market Players provides a complete roadmap to the institutions and intermediaries operating in today's global financial landscape, illustrating what they are, how they work, how they interact and importantly, their motivation. It explains the core financial market business of these institutions and considers how they have become the firms that we see today, providing readers with a clear understanding of which market sectors are likely to see the most involvement from the different types of institution and, importantly, why they are involved in these market areas. Key features include: a series of case studies looking at examples of some of these institutions including an explanation of the EIB and the UK agency UKFI. They also look at the financial crisis and the impact on AIG and Northern Rock, two institutions that clearly illustrate what can go wrong and how the other market players have to step in when this happens. an international perspective looking at representative institutions from Europe, Asia and North America, showing global similarities and differences. a Post Financial Crisis perspective on the structure of international banks in today's markets. coverage of the major players on both the buy and sell side of the market Written in plain English, Market Players is an accessible and much needed guide to financial institutions, equipping readers with the knowledge to better understand how the global financial markets really work.
Petr Teply THE TRUTH ABOUT THE 2008-2009 CRISIS Petr Teply THE TRUTH ABOUT THE 2008-2009 CRISIS Новинка

Petr Teply THE TRUTH ABOUT THE 2008-2009 CRISIS

9614 руб.
Recent global crises have roiled the world financial markets, highlighting the true underlying weaknesses in both financial stability and failed risk management practices. This has been a hard lesson to learn, but the most important lesson is how to prevent crises from repeating. In this book, I establish a methodology to assess risk and conclude with mitigation-oriented policy recommendations. The first chapter presents a financial scoring model using estimates from Central European corporate accounting data, which is then used to construct an aggregate indicator of the creditworthiness of the corporate sector (named the JT index). The second chapter focuses on modeling the operational risk of economic capital for a Central European Bank. The third chapter deals with the 2008/2009 crisis in more detail, discussing the history, macroeconomic conditions, and milestones of the US mortgage crisis. I also describe key investment banking and risk management practices that exacerbated the impact of the crisis and conclude with four suggested policies to protect against repeating these errors and limiting future risk exposure.
Frans C. Verhagen The Tierra Solution. Resolving Climate Change Through Monetary Transformation Frans C. Verhagen The Tierra Solution. Resolving Climate Change Through Monetary Transformation Новинка

Frans C. Verhagen The Tierra Solution. Resolving Climate Change Through Monetary Transformation

2014 руб.
"A visionary and immensely practical approach to reforming today's bubble finance and taming its global casino. Verhagen [...] illuminates the win-win solutions possible when we combine monetary transformation with low-carbon, renewable resource strategies and equitable approaches to sustainable development."-Hazel Henderson, President of Ethical Markets Media, author and creator of The Green Transition Scoreboard ®As climate change continues to threaten the earth and as the global financial crisis lingers, governments and communities need to take charge of their own and global monetary systems. Sustainability sociologist Frans Verhagen proposes a solution-the Tierra Solution-to repair the present global monetary, financial, and economic systems that enrich the few, impoverish the many, and imperil the planet. Verhagen calls for transformational changes in order to advance climate-resilient economic development. The Tierra Solution proposes:- A credit-based financial system governed by a Global Central Bank,- A banking system without the privilege of money creation, and most importantly, - A carbon standard for the international monetary system with the Tierra as the unit of account.The Tierra Solution is an in-depth and thought-provoking read that shows an innovative path for global citizens who want to combat climate change, the economic crisis and poverty, and for public officials, economists, international development experts, and climate scientists who want t...
Allan Malz M. Financial Risk Management. Models, History, and Institutions Allan Malz M. Financial Risk Management. Models, History, and Institutions Новинка

Allan Malz M. Financial Risk Management. Models, History, and Institutions

6294.99 руб.
Financial risk has become a focus of financial and nonfinancial firms, individuals, and policy makers. But the study of risk remains a relatively new discipline in finance and continues to be refined. The financial market crisis that began in 2007 has highlighted the challenges of managing financial risk. Now, in Financial Risk Management, author Allan Malz addresses the essential issues surrounding this discipline, sharing his extensive career experiences as a risk researcher, risk manager, and central banker. The book includes standard risk measurement models as well as alternative models that address options, structured credit risks, and the real-world complexities or risk modeling, and provides the institutional and historical background on financial innovation, liquidity, leverage, and financial crises that is crucial to practitioners and students of finance for understanding the world today. Financial Risk Management is equally suitable for firm risk managers, economists, and policy makers seeking grounding in the subject. This timely guide skillfully surveys the landscape of financial risk and the financial developments of recent decades that culminated in the crisis. The book provides a comprehensive overview of the different types of financial risk we face, as well as the techniques used to measure and manage them. Topics covered include: Market risk, from Value-at-Risk (VaR) to risk models for options Credit risk, from portfolio credit risk to structured credit products Model risk and validation Risk capital and stress testing Liquidity risk, leverage, systemic risk, and the forms they take Financial crises, historical and current, their causes and characteristics Financial regulation and its evolution in the wake of the global crisis And much more Combining the more model-oriented approach of risk management-as it has evolved over the past two decades-with an economist's approach to the same issues, Financial Risk Management is the essential guide to the subject for today's complex world.
Sabrina Schleimer EU Financial Transaction Tax. An Effective Means to Curb Speculation in Financial Markets. Sabrina Schleimer EU Financial Transaction Tax. An Effective Means to Curb Speculation in Financial Markets. Новинка

Sabrina Schleimer EU Financial Transaction Tax. An Effective Means to Curb Speculation in Financial Markets.

3352 руб.
Bachelor Thesis from the year 2017 in the subject Economics - Finance, grade: 1.7, Berlin School of Economics and Law, language: English, abstract: The global financial crisis of 2007/08 revealed the necessity of improved stabilisation and regulation of the global as well as European financial markets. In this context, increased attention was given to financial transaction taxes and in 2011, the introduction of a European Union Financial Transaction Tax was first proposed. The objectives for this tax, set out by the European Commission, were tripartite: financial revenue generation, regulative strengthening and the improvement of the efficiency of financial markets. The aim of this thesis is to examine whether the European Union Financial Transaction Tax would be an effective means to curb speculation in the European financial markets, and a suitable tax solution for the European Union. The thesis further analyses whether this tax could increase the financial markets efficiency, and contribute to a fair and substantial contribution of the financial sector to the participating countries' public finances. In this regard, underlying theoretical concepts, potential positive effects of the transaction tax, as well as detriments and shortcomings are discussed.
Meryem Önüt Economic Consequences of Fair Value Reclassifications of Financial Assets According to IAS 39 Meryem Önüt Economic Consequences of Fair Value Reclassifications of Financial Assets According to IAS 39 Новинка

Meryem Önüt Economic Consequences of Fair Value Reclassifications of Financial Assets According to IAS 39

6264 руб.
Master's Thesis from the year 2015 in the subject Business economics - Accounting and Taxes, grade: 2,0, University of Hohenheim, language: English, abstract: The purpose of this thesis is to provide direct empirical evidence on the use of the Amendment according to IAS 39 regarding the reclassification of financial instruments. It therefore reviews what happened when the accounting policies were switched from fair value accounting to historical accounting during the financial crisis in 2008. Using a sample of manually collected data from Western European banks, the thesis empiri-cally examines which banks used this reclassification option to deal with problematic financial assets and how these reclassification activities are correlated with other firm characteristics. Furthermore, the thesis shows the influence of the amount of assets in each fair value level on the fair value hierarchy and the impact of the banks' regulatory capital during the height of the financial crises on the use of the relaxation option. The final aim is to analyze the economic consequences of this option and to determine how beneficial it is for the global financial system, considering that banks will again make use of this sort of permission in other, future crises.After the development of the International Financial Reporting Standards (IFRS) by the International Accounting Standard Board (IASB) in 2001, the European Union (EU) decided to unify the jurisdictions for all listed corporations ...
John Mauldin Code Red. How to Protect Your Savings From the Coming Crisis John Mauldin Code Red. How to Protect Your Savings From the Coming Crisis Новинка

John Mauldin Code Red. How to Protect Your Savings From the Coming Crisis

1984.58 руб.
Wall Street Journal Bestseller Valuable insights on monetary policies, their impact on your financial future, and how to protect against them Written by the New York Times bestselling author team of John Mauldin and Jonathan Tepper, Code Red spills the beans on the central banks in the U.S., U.K., E.U., and Japan and how they've rigged the game against the average saver and investor. More importantly, it shows you how to protect your hard-earned cash from the bankers' disastrous monetary policies and how to come out a winner in the irresponsible game of chicken they're playing with the global financial system. From quantitative easing to zero interest rate policies, ZIRP to the impending currency wars, runaway inflation to GDP targeting, authors Mauldin and Tepper achieve the impossible by not only explaining global monetary policy and its consequences in plain English, but also making it compelling reading. Outlines time-tested strategies for surviving and thriving in these tumultuous times Addresses how issues such as quantitative easing, financial repression, currency wars, bubble economies, and inflation impact our everyday lives as well as our financial future Written by a team of bestselling authors and experts in this dynamic field How did we get here and where are we headed? What can you do to insulate yourself against, and profit from, economic upheaval and secure your financial future? Find out in Code Red.
Zhuo Jian Tang The Impact of the Dodd-Frank Act on the Performance of US-Listed Commercial and Savings Banks Zhuo Jian Tang The Impact of the Dodd-Frank Act on the Performance of US-Listed Commercial and Savings Banks Новинка

Zhuo Jian Tang The Impact of the Dodd-Frank Act on the Performance of US-Listed Commercial and Savings Banks

4827 руб.
Master's Thesis from the year 2015 in the subject Business economics - Investment and Finance, Peking University, language: English, abstract: The impact of financial regulation has critical importance on firm performance and profitability. The aftermath of the Financial Crisis of 2008 saw the biggest regulatory reform in the U.S. financial system since the Great Depression. One of the main causes of the crisis was the excessive risk-taking by large firms because prior financial regulations had loopholes that firms could take advantage of. This reform's intended purpose is to address and fix those failures in past regulatory oversight. With 398 proposed rules and more than 2,000 pages, the Dodd-Frank Wall Street Financial Reform and Consumer Protection Act signed into law in 2010, tackles many issues and implements many changes to the financial system. For one, it established new government oversight agencies, such as the Consumer Financial Protection Bureau (CFPB) and the Financial Stability Oversight Council (FSOC); it also outlined new capital requirement standards for banks, aimed to strengthen investor protection, increase the transparency of OTC derivatives, and improve the regulation of credit rating agencies. Our paper provides empirical evidence on whether the Dodd-Frank Act has any significant impact on the performance of U.S.-listed commercial and savings institutions while controlling for bank size. With a sample size of 640 publicly listed commercial and ...
Tafa Besarta Islamic Finance, An alternative solution to financial crisis Tafa Besarta Islamic Finance, An alternative solution to financial crisis Новинка

Tafa Besarta Islamic Finance, An alternative solution to financial crisis

4252 руб.
This book is the product of the Master Thesis Diploma in Canadian Institute of Technology. It is an empirical analysis consisting on a comparison between a sample of Islamic Banks and a sample of Conventional Banks. Financial ratios are used in order to comply with this comparison.The emphasize is in the years of the Financial Crisis, in order to show the ability of Islamic Banks to cope with such a crisis.
Javier Villar Burke Weathering the Storm. The Financial Crisis and the EU Response, Volume I: Background and Origins of the Crisis Javier Villar Burke Weathering the Storm. The Financial Crisis and the EU Response, Volume I: Background and Origins of the Crisis Новинка

Javier Villar Burke Weathering the Storm. The Financial Crisis and the EU Response, Volume I: Background and Origins of the Crisis

4564 руб.
Weathering the Storm explores the factors leading up to the recent global financial and economic crisis, how the crisis unfolded, and the response of European and national authorities. The book describes the rationale behind the measures undertaken to mitigate the consequences of the recession and to ensure that a similar situation does not happen again in the future. In the wake of the crisis, various major changes continue to significantly affect the life and social organization of Europeans. For instance, a new ESM with a size financially comparable to that of the IMF was created; similarly, the reforms in economic governance imply much more intrusive participation of European countries in each other's macroeconomic policies. Moreover, the organization, regulation, and supervision of the financial sector have been drastically revamped. The decisions taken by European and national authorities affect the daily lives of hundreds of millions of European citizens and countless more around the globe. An insightful read for anyone interested in understanding the topic and its effect on their lives, the book primarily addresses undergraduate students in their final year and graduate students in fields such as economics, finance, and political science. The main messages are explained through examples and charts.
Javier Villar Burke Weathering the Storm. The Financial Crisis and the EU Response, Volume II: The Response to the Crisis Javier Villar Burke Weathering the Storm. The Financial Crisis and the EU Response, Volume II: The Response to the Crisis Новинка

Javier Villar Burke Weathering the Storm. The Financial Crisis and the EU Response, Volume II: The Response to the Crisis

4489 руб.
Weathering the Storm explores the factors leading up to the recent global financial and economic crisis, how the crisis unfolded, and the response of European and national authorities. The book describes the rationale behind the measures undertaken to mitigate the consequences of the recession and to ensure that a similar situation does not happen again in the future. In the wake of the crisis, various major changes continue to significantly affect the life and social organization of Europeans. For instance, a new ESM with a size financially comparable to that of the IMF was created; similarly, the reforms in economic governance imply much more intrusive participation of European countries in each other's macroeconomic policies. Moreover, the organization, regulation, and supervision of the financial sector have been drastically revamped. The decisions taken by European and national authorities affect the daily lives of hundreds of millions of European citizens and countless more around the globe. An insightful read for anyone interested in understanding the topic and its effect on their lives, the book primarily addresses undergraduate students in their final year and graduate students in fields such as economics, finance, and political science. The main messages are explained through examples and charts.
Silvia Weißmacher Proposals for the Regulation of Venture Capital and Private Equity after the Financial Crisis Silvia Weißmacher Proposals for the Regulation of Venture Capital and Private Equity after the Financial Crisis Новинка

Silvia Weißmacher Proposals for the Regulation of Venture Capital and Private Equity after the Financial Crisis

1639 руб.
Studienarbeit aus dem Jahr 2010 im Fachbereich BWL - Investition und Finanzierung, Note: 2,0, Technische Universität München, Sprache: Deutsch, Abstract: In this seminar paper, I demonstrate and evaluate proposals for the regulation of VC and PE including HF in Germany, Europe and the United States (US) after the global financial crisis. In the first chapter of the main part, I describe the impacts of the financial crisis on PE and VC. In the second part, a short overview of the present regulatory framework in Germany, Europe and the United States is presented. The core of this seminar paper will be chapter 4, 5 and 6 in which proposals and its assessment for a regulation of PE and VC after the financial crisis are exposed, especially the so-called Alternative Investment Fund ManagerDirective (AIFMD), an European initiative to regulate fund manger's activities. Further, the estimation of the AIFMD by the European PE and VC Association (EVCA), the "Bundesverband Deutscher Kapitalbeteiligungsgesellschaften (BVK)" and the international press will offer an all-embracing appraisal. With an executive summary, I conclude my seminar paper.
Lisa Schmidt Food security and the crisis of the new millennium Lisa Schmidt Food security and the crisis of the new millennium Новинка

Lisa Schmidt Food security and the crisis of the new millennium

2164 руб.
Seminar paper from the year 2014 in the subject Politics - International Politics - Topic: Development Politics, , language: English, abstract: The paper analyses the global challenges of the new millennium: The food price crisis, the financial and economic crisis as well as the ecological crisis. The crisis affect the world´s population, but in some regions such as South Asia or Sub-Saharan Africa, the impacts are disastrous. Food security is threatened and poverty and inequality increase. Achieving the Millennium Development Goals (MDGs), which among other things tend to halve between 1990 and 2015 the proportion of people who suffer from hunger and malnutrition, is moving further away. These developments and current challenges are of serious concern and an opportunity for change.
Sergey Vladimirovich Gorneev The Stock Grail Disclosing the Secret. A Practical Guide Sergey Vladimirovich Gorneev The Stock Grail Disclosing the Secret. A Practical Guide Новинка

Sergey Vladimirovich Gorneev The Stock Grail Disclosing the Secret. A Practical Guide

480 руб.
WHY IT BECAME NECESSARYTO WRITE THIS BOOKCurrently social and financial crisis has engulfed the world.WAYS TO OVERCOMEOvercoming the financial crisis by participating in trading with the use of highly stable method of profit-making on the stock and OTC markets.So, let’s start the way of understanding the deepest mysteries of life…
Bruce Pounder Convergence Guidebook for Corporate Financial Reporting Bruce Pounder Convergence Guidebook for Corporate Financial Reporting Новинка

Bruce Pounder Convergence Guidebook for Corporate Financial Reporting

5721.15 руб.
As a result of the global convergence of financial reporting standards, U.S. GAAP is changing profoundly. U.S. GAAP is also being abandoned by many public and private companies, and will eventually be replaced by a higher-quality set of global standards. The Convergence Guidebook for Corporate Financial Reporting provides the timely, practical guidance that CFOs, controllers, and other financial managers need in order to prepare for the impact of Convergence on their companies, departments, and careers. Guidebook readers will also learn why they must begin preparing for «the next big challenge in corporate financial reporting» now.
Claudia Sanchez Bajo, Bruno Roelants Capital and the Debt Trap Claudia Sanchez Bajo, Bruno Roelants Capital and the Debt Trap Новинка

Claudia Sanchez Bajo, Bruno Roelants Capital and the Debt Trap

7264 руб.
The recent financial crisis has had a devastating impact around the globe. Thousands of businesses have closed, millions of jobs have been cut and many people have lost their homes. Capital and the Debt Trap explains how key economies have fallen into a 'debt trap', linking the financial sphere to the real economy, and looks into alternatives to the constant stream of financial bubbles and shocks. Overlooked by many, cooperatives across the world have been relatively resilient throughout the crisis. Through four case studies, this book explores their strategies, providing an in-depth analysis within a broader debate on wealth generation and a sustainable future. To all those interested in political economy, enterprise governance, development studies and cooperatives, Capital and the Debt Trap opens up new ways of thinking.
Verena Mai Resilience of European welfare regimes against the negative impacts of the financial crisis 2008 Verena Mai Resilience of European welfare regimes against the negative impacts of the financial crisis 2008 Новинка

Verena Mai Resilience of European welfare regimes against the negative impacts of the financial crisis 2008

6352 руб.
Bachelor Thesis from the year 2012 in the subject Politics - International Politics - Region: Western Europe, grade: 1,0, Vienna University of Economics and Business (Institut für Sozialpolitik), language: English, abstract: The financial crisis, which struck the EU countries in 2008, was followed by the severest economic recession since the end of the Second World War, involving a significant drop in GDP (negative economic growth) for most of them. Output growth has turned negative or stagnated in several countries, the impact on labour markets has led to rising unemployment rates and public debt and deficits have soared. In the aftermath of the crisis countries were confronted with a deteriorating social context, which is due to the severity of the economic downturn, the worsening job situation and the increased unemployment. This has resulted in a heightened need for social protection while at the same time making it more difficult to finance. The crisis has highlighted the role of social protection as a social buffer and an economic stabilizer that cushions the impact of recessions. Social benefits have been an essential element of national crisis response in the countries of the European Union. Social security programmes not only act as an important component of the crisis „exit strategy", helping to revitalize the economy but they also protect the most vulnerable part of society. One of the lessons that can be learned from the crisis is that countries and their inha...
Ahmed Harfouf Credit Rating Agencies. Still credible. Ahmed Harfouf Credit Rating Agencies. Still credible. Новинка

Ahmed Harfouf Credit Rating Agencies. Still credible.

3452 руб.
Research Paper (undergraduate) from the year 2011 in the subject Business economics - Banking, Stock Exchanges, Insurance, Accounting, grade: 2:0, Kingston University London, language: English, abstract: The research is covering the three major credit rating agencies(S&P, Moody's and Fitch) and their involvement in the 2008 economic crisisThe worldwide financial crisis has thrust credit rating agencies into the spotlight. The purpose of this study was to investigate the Credit Rating Agencies credibility after the crisis and the role they play in the global investment and financial markets. Another aim was to find out how the Credit Rating agencies were implicated in the crisis. Finally an explanation of the different aspects of rating process was given in the study. As an explanatory research, a case study analysis method was applied. This method was carried out by opting for a documentary analysis which relies highly on qualitative data. This research initiative currently under consideration can be seen as an effort to summarise the current reputation of Credit Rating Agencies and answer the question whether their credibility was affected or not. The results of the study discover that the credibility of Credit rating agencies was affected by the financial crisis, and this was due to its implication in this crisis by implying a non accurate methodology process for products assessment. The principal conclusion was that the credit rating agencies had a slight loss on t...
Zabihollah Rezaee Audit Committee Formation in the Aftermath of 2007-2009 Global Financial Crisis, Volume I. Structure and Roles Zabihollah Rezaee Audit Committee Formation in the Aftermath of 2007-2009 Global Financial Crisis, Volume I. Structure and Roles Новинка

Zabihollah Rezaee Audit Committee Formation in the Aftermath of 2007-2009 Global Financial Crisis, Volume I. Structure and Roles

4477 руб.
The audit committee has gained considerable attention in the aftermath of 2007-2009 global financial crisis. The audit committee's role has evolved from a voluntary liaison between management and external auditors to the standing committee of the board of directors in overseeing all aspects of corporate governance, financial reporting, internal controls, risk assessment, and audit activities. This book addresses the determinants of audit committee oversight effectiveness, including their composition, independence, authority, resources, diligence, and activities. The book is organized into three separate volumes and each volume can be utilized separately or in an integrated form. The first volume consists of five chapters, which examine the relevance and fundamentals of the audit committees as well as the determinants of audit committee effectiveness. The second volume consists of nine chapters on financial, auditing, internal control, risk management, ethics and compliance, antifraud, and other oversight functions of the audit committee. The third volume consists of five chapters on the emerging issues of audit committees pertaining to evaluation, education, reporting, and accountability as well as audit committees of private companies, governmental entities and not-for-profit organizations.

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A fascinating analysis of the critical role commercial property investment played in the economic boom and bust during the global financial crisis The unprecedented financial boom stretching from the mid-1990s through 2008 ultimately led to the deepest recession in modern times and one of the slowest economic recoveries in history. It also resulted in the emergence of the draconian austerity policies that have swept across Europe in recent years. Property Boom and Banking Bust offers an expert insight into the complex property market dynamics that contributed to the Great Financial Crisis of 2008 and its devastating economic consequences. It is the first book to focus on a woefully underreported dimension of the crisis, namely, the significant role that lending on commercial property development played in the crisis. Among other key topics, the authors explore the philosophical and behavioral factors that propelled irresponsible bank lending and the property boom; how it led to the downfall of the banks; the impact of the credit crunch on the real estate industry generally in the wake of the financial crisis; the catastrophic effects the property bust had on property investors, both large and small; and how the financial institutions have sought to recover in the wake of the financial crisis. Provides valuable insights into what happened in previous booms and busts, particularly in the 1970s and 1980s, and how they compare with the most recent one Offers an expert assessment of the consequences of the global financial crisis for the banking system and the commercial property industry Examines strategies banks have used to recover their positions and manage the overhang of indebtedness and bad property assets Addresses strategies the real estate industry have used to recover from the collapse in property values Written in an accessible style, and featuring numerous insider case accounts from property bankers, Property Boom and Banking Bust disentangles the complex, tightly-woven factors that led to the Great Financial Crisis of 2008, while offering powerful lessons for property industry professionals on how to avoid having history repeat itself.
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