December 2, 2020

Download Ebook Free Global Imbalances, Financial Crises, And Central Bank Policies

Global Imbalances, Financial Crises, and Central Bank Policies

Global Imbalances, Financial Crises, and Central Bank Policies
Author : Andreas Steiner
Publisher : Elsevier
Release Date : 2016-07-25
Category : Business & Economics
Total pages :204
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Global Imbalances, Financial Crises, and Central Bank Policies assesses the relationships between global imbalances, financial crises, and central bank policies, with a specific focus on their reserves. The book contains a strictly international perspective with an analysis based on empirical research that enables the reader to develop an analytical model that emphasizes interactions among individual central banks. With this innovative approach, the book develops a new method for defining an optimal demand for reserves. In addition, the book describes implications for financial reforms that might ultimately be more important than its empirical findings. Presents a systematic account of the relationship between the build-up of reserves and central bank policies Emphasizes a global view of currency reserves, which is usually ignored in analyses of their effect Includes datasets as well as all illustrations and figures in online ancillary materials

The IMF and Global Financial Crises

The IMF and Global Financial Crises
Author : Joseph P. Joyce
Publisher : Cambridge University Press
Release Date : 2013
Category : Business & Economics
Total pages :241
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Joyce traces the IMF's actions to promote international financial stability from the Bretton Woods era through the recent recession.

India and the Global Financial Crisis

India and the Global Financial Crisis
Author : Y. Venugopal Reddy
Publisher : Anthem Press
Release Date : 2009
Category : Business & Economics
Total pages :397
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‘India and the Global Financial Crisis’ offers a collection of essays based on the speeches delivered by Reddy during his tenure as Governor of the Reserve Bank of India between September 2003 and September 2008, a period of rapid growth for the Indian economy as well as extraordinary challenges for the conduct of monetary policy. He has earned universal acclaim for his gubernatorial management of India’s calibrated financial integration with the global economy. These essays provide informed critical insights into the making of public policies across a spectrum of areas during those years, while presenting an inside view of the dynamics that are played out behind the scenes. They respond to the interest in India's management of a financial sector that has facilitated growth while maintaining stability, markedly contrasting to the fragile financial climate of the USA. The volume describes India's financial situation, the Reserve Bank of India's perspective, and its policies. ‘India and the Global Financial Crisis’ was selected asFinancial Book of the Year 2010by ‘China Business News’.

Central Bank Policy

Central Bank Policy
Author : Perry Warjiyo,Solikin M. Juhro
Publisher : Emerald Group Publishing
Release Date : 2019-07-25
Category : Business & Economics
Total pages :592
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Central Bank Policy: Theory and Practice analyses various policies, theories and practices adopted by central banks, as well as the institutional arrangements underlying the principles of good governance in policy-making. It is the first book to comprehensively discuss the latest theories and practices of central bank policy.

Central Bank Regulation and the Financial Crisis

Central Bank Regulation and the Financial Crisis
Author : Miao Han
Publisher : Springer
Release Date : 2015-10-20
Category : Business & Economics
Total pages :319
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The respective legal frameworks that control central banks are shaped by whether they are market oriented or government controlled. However such stark distinction between these two categories has been challenged in view of the varying styles of crisis management demonstrated by different central banks during the crisis. This book uses comparative analysis to investigate how the global financial crisis challenged the role played by central banks in maintaining financial stability. Focusing on four central banks including the US Federal Reserve System, the Bank of England, the Bank of Japan and the People's Bank of China, it illustrates the similarities between the banks prior to the crisis, and their similar policy responses in the wake of the crisis. It demonstrates how each operated with varying levels of independence while performing very differently and facing different tasks. The book identifies some central explanatory variables for this behavior, addressing the mismatch of similar risk management solutions and varying outcomes. Central Bank Regulation and The Financial Crisis: A Comparative Analysis explores the legal challenges within central bank regulation presented by the global financial crisis. It emphasizes the importance of, and the limitations involved in, legal order and argue that in spite of integration and globalization, significant differences exist in central banks' approaches to risk management and financial stability.

The Financial Crisis

The Financial Crisis
Author : Phillip Inman
Publisher : The Guardian
Release Date : 2013-02-05
Category : Business & Economics
Total pages :70
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Every day brings another gloomy economic statistic. Countries heading for bankruptcy; banks running out of money; production down; shop prices up: and no end seems to be in sight. Newspapers and TV news shows dwell on the troubled times and report on the inability of politicians to present a coherent way for Britain and the rest of Europe to pull out of a long and seemingly never-ending depression. Nothing seems to give employers the confidence to hire more people, pay them an inflation-proof wage rise and reverse a long decline in living standards. Fully updated for 2013, The Financial Crisis: How Did We Get Here? explains what economic levers are available to policymakers, which ones are being pulled and which are being left idle. It examines what's being done to haul the global economy back to health ... and why we are sowing the seeds of another crisis in the future.

Crisis Management

Crisis Management
Author : Katarina Holla,Jozef Ristvej,Michal Titko
Publisher : BoD – Books on Demand
Release Date : 2018-06-27
Category : Social Science
Total pages :268
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Crisis management is an interdisciplinary subject field represented by theoretical problems, practical activity, people management and the art of crisis situation solving. Overall, the studies that this publication contains are to provide an overview of the state of the art mainly focused on crisis management cycle represented by certain phases and steps. Topics include also lessons learned from natural and man-made disasters, crisis communication, information systems in crisis management, civil protection and economics in crisis management. We hope that chapters of this book will provide useful information within crisis management issue for a wide audience.

Financial Crises: Causes, Consequences, and Policy Responses

Financial Crises: Causes, Consequences, and Policy Responses
Author : Stijn Claessens,Mr. M. Ayhan Kose,Mr. Luc Laeven,Fabian Valencia
Publisher : International Monetary Fund
Release Date : 2014-02-19
Category : Business & Economics
Total pages :669
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Financial Crises: Causes, Consequences, and Policy Responses provides a comprehensive overview of research into financial crises and policy lessons learned. The book covers a wide range of crises, including banking, balance of payments, and sovereign debt crises. It begins with an overview of the various types of crises and introduces a comprehensive database of crises. Broad lessons on crisis prevention and management, as well as the short-term economic effects of crises, recessions, and recoveries are discussed. The medium-term effects of financial crises on economic growth, as well as policy measures to prevent booms, mitigate busts, and avoid crises are analyzed. Finally, policy measures for mitigating the adverse impact of crises and ways to restructure banks, households, and sovereigns are presented. The collection of research in this book provides an excellent overview of critical policy areas, with valuable lessons on how countries can better monitor their economies and financial systems.

New Paradigms for Financial Regulation

New Paradigms for Financial Regulation
Author : Masahiro Kawai,Eswar S. Prasad
Publisher : Brookings Institution Press
Release Date : 2012-12-20
Category : Business & Economics
Total pages :291
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The global financial crisis has led to a sweeping reevaluation of financial market regulation and macroeconomic policies. Emerging markets need to balance the goals of financial development and broader financial inclusion with the imperative of strengthening macroeconomic and financial stability. The third in a series on emerging markets, New Paradigms for Financial Regulation develops new analytical frameworks and provides policy prescriptions for how the frameworks should be adapted to a world of more free and more volatile capital. This volume provides an overview of the global regulatory landscape from the perspective of Asian emerging markets. The contributors discuss the many challenges ahead in developing sound and flexible financial regulatory systems for emerging market economies. The challenges are heightened by the rising integration of these economies into global trade and finance, the growing sophistication of their financial systems as globalization and emergence processes accelerate, and their potential vulnerability to instability arising from the financial markets in the advanced economies. The contributors provide guidance about pitfalls to be avoided, general principles that should guide the creation of sound regulatory systems, and valuable analytic perspectives about how to continue to broaden the financial sector and innovate while still maintaining financial and macroeconomic stability.

Resetting the International Monetary (Non)System

Resetting the International Monetary (Non)System
Author : José Antonio Ocampo
Publisher : Oxford University Press
Release Date : 2017
Category : Financial crises
Total pages :269
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Annotation Provides an analysis of the global monetary system and proposes a comprehensive yet evolutionary reform of the system aimed at creating better monetary cooperation for the twenty-first century.

The Money Trap

The Money Trap
Author : R. Pringle
Publisher : Springer
Release Date : 2012-06-07
Category : Business & Economics
Total pages :300
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The world economy is caught in a money trap. Existing monetary arrangements meet the needs neither of the ageing societies of the West nor of younger emerging economies. This in-depth analysis explains how the world got into the grip of global finance - and how it can escape, with a growing demand for reform.

New Perspectives on Asset Price Bubbles

New Perspectives on Asset Price Bubbles
Author : Douglas D. Evanoff,George G. Kaufman,A. G. Malliaris
Publisher : Oxford University Press
Release Date : 2012-02-08
Category : Business & Economics
Total pages :480
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This volume critically re-examines the profession's understanding of asset bubbles in light of the global financial crisis of 2007-09. It is well known that bubbles have occurred in the past, with the October 1929 crash as the most demonstrative example. However, the remarkably well-behaved performance of the US economy from 1945 to 2006, and, in particular during the Great Moderation period of 1984 to 2006, assured the economics profession and monetary policymakers that asset bubbles could be effectively managed with little or no real economic impact. The recent financial crisis has now triggered a debate about the emergence of a sequence of repeated bubbles in the Nasdaq market, housing market, credit market, and commodity markets. The realities of the crisis have intensified theoretical modeling, empirical methodologies, and debate on policy issues surrounding asset price bubbles and their potentially adverse economic impact if poorly managed. Taking a novel approach, the editors of this book present five classic papers that represent accepted thinking about asset bubbles prior to the financial crisis. They also include original papers challenging orthodox thinking and presenting new insights. A summary essay highlights the lessons learned and experiences gained since the crisis.

The G-20 Summit at Five

The G-20 Summit at Five
Author : Kemal Dervis,Peter Drysdale
Publisher : Brookings Institution Press
Release Date : 2014-07-18
Category : Business & Economics
Total pages :302
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Can the G-20 become a steering committee for the world's economy? Launched at a moment of panic triggered by the financial crisis in late 2008, the leaders' level G-20 is trying to evolve from crisis committee for the world economy to a real steering group facilitating international economic cooperation. What can and should such a "steering committee" focus on? How important could the concrete gains from cooperation be? How much faster could world growth be? Is there sufficient legitimacy in the G-20 process? How does the G-20 relate to the IMF and the World Bank? How can Australia in 2015, and then Turkey in 2016, chair the process so as to encourage strategic leadership? The East Asian Bureau of Economic Research in the Crawford School of Public Policy at the Australian National University and the Global Economy and Development program at the Brookings Institution joined forces in putting together this volume and asked opinion leaders and policymakers from G-20 countries to provide their independent perspectives. Contributors include Colin Bradford (Brookings), Peter Drysdale (Australian National University), Kemal Dervis (Brookings), Andrew Elek (Australian National University), Ross Garnaut (University of Melbourne), Huang Yiping (China Center for Economic Research), Bruce Jones (Brookings), Muneesh Kapur (IMF), Homi Kharas (Brookings), Wonhyuk Lim (Korea Development Institute), Rakesh Mohan (IMF), David Nellor (consultant, Indonesia), Yoshio Okubo (Japan Securities Dealers Association), Mari Pangestu (Republic of Indonesia), Changyong Rhee (former Asian Development Bank), Alok Sheel (Government of India), Mahendra Siregar (Republic of Indonesia), Paola Subacchi (Chatham House, London), Carlos Vegh (Brookings), Guillermo Vuletin (Brookings), and Maria Monica Wihardja (World Bank).

Macroeconomics

Macroeconomics
Author : Wendy Carlin,David W. Soskice
Publisher : Oxford University Press, USA
Release Date : 2014-11-20
Category : Business & Economics
Total pages :638
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Carlin and Soskice integrate the financial system with a model of the macro-economy. In doing this, they take account of the gaps in the mainstream model exposed by the financial crisis and the Eurozone crisis. This equips the reader with a realistic modelling framework to analyse the economy both in crisis times and in periods of stability.

Monetary Policy and Central Banking

Monetary Policy and Central Banking
Author : Louis-Philippe Rochon,S. Y. Olawoye
Publisher : Edward Elgar Publishing
Release Date : 2012
Category : Business & Economics
Total pages :256
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Has the economic and financial crisis changed the way we conduct monetary policy? Is quantitative easing consistent with the endogeneity of money? These are but two of the questions this new book explores. The various contributors offer interesting and new perspectives on the conduct of monetary policy during the crisis, and provide sharp criticism of central bank policies in the US and Europe. A must read for all those interested in a critical analysis of monetary policy.