Too Big to Fail?

Too Big to Fail? PDF Author: Steven L. Schwarcz
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

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Book Description
Government safety nets in the United States and abroad focus, anachronistically, on problems of banks and other financial institutions, largely ignoring financial markets which have become major credit sources for consumers and companies. Besides failing to protect these markets, this narrow focus encourages morally hazardous behavior by large institutions, like AIG and Citigroup, that are quot;too big to fail.quot; This paper examines how a safety net should be recast to protect financial markets and also explains why that safety net would mitigate moral hazard and help resolve the too-big-to-fail dilemma.

Too Big to Fail?

Too Big to Fail? PDF Author: Steven L. Schwarcz
Publisher:
ISBN:
Category :
Languages : en
Pages : 24

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Book Description
Government safety nets in the United States and abroad focus, anachronistically, on problems of banks and other financial institutions, largely ignoring financial markets which have become major credit sources for consumers and companies. Besides failing to protect these markets, this narrow focus encourages morally hazardous behavior by large institutions, like AIG and Citigroup, that are quot;too big to fail.quot; This paper examines how a safety net should be recast to protect financial markets and also explains why that safety net would mitigate moral hazard and help resolve the too-big-to-fail dilemma.

Recasting Safety Nets

Recasting Safety Nets PDF Author: Cathal O'Donoghue
Publisher:
ISBN:
Category :
Languages : en
Pages : 30

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Book Description


Recasting the Safety Net

Recasting the Safety Net PDF Author: Lowell Eugene Gallaway
Publisher:
ISBN:
Category : Public welfare
Languages : en
Pages : 24

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Book Description


Against the Dead Hand

Against the Dead Hand PDF Author: Brink Lindsey
Publisher: John Wiley & Sons
ISBN: 0471442771
Category : Business & Economics
Languages : en
Pages : 351

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Book Description
A refreshing, insightful look into the political and economic dynamics driving globalization today Globalization: it's earlier than you think. That's the provocative message of Against the Dead Hand, which traces the rise and fall of the century-long dream of central planning and top-down control and its impact on globalization-revealing the extent to which the "dead hand" of the old collectivist dream still shapes the contours of today's world economy. Mixing historical narrative, thought-provoking arguments, and on-the-scene reporting and interviews, Brink Lindsey shows how the economy has grown up amidst the wreckage of the old regime-detailing how that wreckage constrains the present and obscures the future. He conveys a clearer picture of globalization's current state than the current conventional wisdom, providing a framework for anticipating the future direction of the world economy.

Beyond the Washington Consensus

Beyond the Washington Consensus PDF Author: Shahid Javed Burki
Publisher: World Bank Publications
ISBN: 9780821342824
Category : Business & Economics
Languages : en
Pages : 172

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Book Description
This report examines the precise nature of the required institutional reforms needed to achieve higher sustained rates of growth and to make a dent in poverty reduction and provides a framework for their design and implementation. The more modest objective is to examine how the concepts of the new institutional economics are useful for analyzing and designing institutions and to evaluate how political economy concepts can be used to develop strategies for implementing institutional reforms. Employing some of these concepts, the report demonstrates that sound institutional reform can be technically and politically viable in the following key sectors: banking; capital markets and legal institutions; educational institutions; judicial reforms; and public administration.

The Panic of 2008

The Panic of 2008 PDF Author: Lawrence E. Mitchell
Publisher: Edward Elgar Publishing
ISBN: 1849807981
Category : Business & Economics
Languages : en
Pages : 369

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Book Description
The Panic of 2008 brings together scholars from a variety of disciplines to examine the causes and consequences of the global credit crisis, the subsequent collapse of the financial markets, and the following recession. The book evaluates the crisis in historical context, explores its various legal, economic, and financial dimensions, and considers various possibilities for reform. The Panic of 2008 is one of the first in-depth efforts to study the crisis as it was in the very earliest stage of resolution, and establishes a foundation for thinking about and evaluating current reform efforts and the likelihood of recurrence. This is a thorough and detailed examination by leading scholars from law, history, finance and economics and as such will be of great interest to the scholarly and academic communities of legal academicians, financial historians, financial economists, and economists. General readers engaged with the ramifications of the financial crisis, including practising lawyers, policymakers, and financial and business professionals, will also find the book invaluable and useful.

The Stressed Years of Their Lives

The Stressed Years of Their Lives PDF Author: Dr. B. Janet Hibbs
Publisher: St. Martin's Press
ISBN: 125011313X
Category : Family & Relationships
Languages : en
Pages : 337

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Book Description
From two leading child and adolescent mental health experts comes a guide for the parents of every college and college-bound student who want to know what’s normal mental health and behavior, what’s not, and how to intervene before it’s too late. “The title says it all...Chock full of practical tools, resources and the wisdom that comes with years of experience, The Stressed Years of their Lives is destined to become a well-thumbed handbook to help families cope with this modern age of anxiety.” — Brigid Schulte, Pulitzer Prize-winning journalist, author of Overwhelmed and director of the Better Life Lab at New America All parenting is in preparation for letting go. However, the paradox of parenting is that the more we learn about late adolescent development and risk, the more frightened we become for our children, and the more we want to stay involved in their lives. This becomes particularly necessary, and also particularly challenging, in mid- to late adolescence, the years just before and after students head off to college. These years coincide with the emergence of many mood disorders and other mental health issues. When family psychologist Dr. B. Janet Hibbs's own son came home from college mired in a dangerous depressive spiral, she turned to Dr. Anthony Rostain. Dr. Rostain has a secret superpower: he understands the arcane rules governing privacy and parental involvement in students’ mental health care on college campuses, the same rules that sometimes hold parents back from getting good care for their kids. Now, these two doctors have combined their expertise to corral the crucial emotional skills and lessons that every parent and student can learn for a successful launch from home to college.

Food Aid After Fifty Years

Food Aid After Fifty Years PDF Author: Christopher B. Barrett
Publisher: Routledge
ISBN: 1135992967
Category : Business & Economics
Languages : en
Pages : 344

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Book Description
This book analyzes the impact food aid programmes have had over the past fifty years, assessing the current situation as well as future prospects. Issues such as political expediency, the impact of international trade and exchange rates are put under the microscope to provide the reader with a greater understanding of this important subject matter. This book will prove vital to students of development economics and development studies and those working in the field.

The Role of Deposit Guarantee Schemes as a Financial Safety Net in the European Union

The Role of Deposit Guarantee Schemes as a Financial Safety Net in the European Union PDF Author: Jakub Kerlin
Publisher: Springer
ISBN: 3319541633
Category : Business & Economics
Languages : en
Pages : 361

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Book Description
This book examines the changing role of Deposit Guarantee Schemes (DGSs) as a financial safety net of the European Union, with specific emphasis on post-crisis reforms. The author identifies the institutional weaknesses of DGSs and analyses their functioning in post-crisis conditions. Readers discover the extent to which the participation of DGSs in bank resolution increases effectiveness, and whether such enhancement of the financial safety net allows for the liquidation of large financial institutions. Finally, the book identifies, categorises, and analyses possible forms of involvement of DGSs in the EU resolution, as well as the proposal of methods for the quantitative measurement of the preparedness of DGSs to participate in this process.

Lessons in Designing Safety Nets

Lessons in Designing Safety Nets PDF Author: Swaminathan S. A. Aiyar
Publisher:
ISBN:
Category : Electronic book
Languages : en
Pages :

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Book Description