"Recent global shocks, such as the 2008 financial crisis, have driven policy makers and industry strategists to re-examine how to prepare for and respond to events that can begin locally and propagate around the world with devastating effects on society and the economy. This rep…
How did the sharpest global slowdown in more than six decades happen, and how can recovery be made sustainable? This publication traces the causes, course and consequences of the "Great Recession". It explains how a global build up of liquidity, coupled with poor regulation, cre…
How did the sharpest global slowdown in more than six decades happen, and how can recovery be made sustainable? This publication traces the causes, course and consequences of the "Great Recession". It explains how a global buildup of liquidity, coupled with poor regulation, crea…
In July 2007, the combination of a seemingly unstoppable rise in house prices and bullish banks swimming in liquidity meant that almost anyone could get a mortgage in the UK or US. Little more than a month later the supply of credit dried up practically overnight, leaving the wo…
While the phrase financial contagion may seem like a straightforward way to explain the spread of financial distress from one firm, market, asset class, nation, or geographical region to others, the reality is that this concept is much more complex than its definition. That's wh…
"The latest insights on financial contagion and how both nations and investors can effectively deal with it The domino-style structure in which the financial system exists is a perilous one. Although historically, the financial system has been able to deal with major shocks, the…
by Demirgüç-Kunt, Aslı, Evanoff, Douglas Darrell, Kaufman, George G., Federal Reserve Bank of Chicago, International Banking and Finance Conference, Chicago, Ill.)
fromWorld Scientific studies in international economics
"Issues in Finance: Credit, Crises and Policies presents a collection of surveys on key issues surrounding the relationship between credit, finance, and the macro-economy that are linked to the recent global financial crisis. Presents a timely collection of surveys that shed lig…
Issues in Finance: Credit, Crises and Policies presents a collection of surveys on key issues surrounding the relationship between credit, finance, and the macro-economy that are linked to the recent global financial crisis. Presents a timely collection of surveys that shed ligh…
