Globalization and Systemic Risk - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Globalization and Systemic Risk write by Douglas Darrell Evanoff. This book was released on 2009. Globalization and Systemic Risk available in PDF, EPUB and Kindle. The impact of globalization of financial markets is a highly debated topic, particularly in recent months when the issue of globalization and contagion of financial distress has become a focus of intense policy debate. The papers in this volume provide an up-to-date overview of the key issues in this debate. While most of the contributions were prepared after the initial outbreak of the current global turmoil and financial crisis, they identify the relative strengths of the risk diversification and risk transmission processes and examine the empirical evidence to date. The book considers the relative roles of banks, nonbank financial institutions and capital markets in both risk diversification and risk transmission. It then evaluates the current status of crisis resolution in a global context, and speculates where to go from here in terms of understanding, resolution, prevention and public policy.
The Butterfly Defect
The Butterfly Defect - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Butterfly Defect write by Ian Goldin. This book was released on 2015-10-20. The Butterfly Defect available in PDF, EPUB and Kindle. How to better manage systemic risks—from cyber attacks and pandemics to financial crises and climate change—in a globalized world The Butterfly Defect addresses the widening gap between the new systemic risks generated by globalization and their effective management. It shows how the dynamics of turbo-charged globalization has the potential and power to destabilize our societies. Drawing on the latest insights from a wide variety of disciplines, Ian Goldin and Mike Mariathasan provide practical guidance for how governments, businesses, and individuals can better manage globalization and risk. Goldin and Mariathasan demonstrate that systemic risk issues are now endemic everywhere—in supply chains, pandemics, infrastructure, ecology and climate change, economics, and politics. Unless we address these concerns, they will lead to greater protectionism, xenophobia, nationalism, and, inevitably, deglobalization, rising inequality, conflict, and slower growth. The Butterfly Defect shows that mitigating uncertainty and risk in an interconnected world is an essential task for our future.
Globalization at Risk
Globalization at Risk - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Globalization at Risk write by Gary Clyde Hufbauer. This book was released on 2010-10-19. Globalization at Risk available in PDF, EPUB and Kindle. History has declared globalization the winner of the 20th century. Globalization connected the world and created wealth unimaginable in the wake of the Second World War. But the financial crisis of 2008-09 has now placed at risk the liberal economic policies behind globalization. Engulfing the entire world, the crisis gave new fuel to the skeptics of the benefits of economic integration. Policy responses seem to favor anti-globalizers. New regulations could balkanize the global financial system, while widespread protectionist impulses might undo the Doha Round. Issues from climate change to national security may be used as convenient excuses to keep imports out, keep jobs at home, and to clamp down on global capital. Will globalization triumph or perish in the 21st century? What reforms make sense in the post-crisis world?International economists Gary Clyde Hufbauer and Kati Suominen argue that globalization has been a force of great good, one that needs to be actively advanced and honed. Drawing on the latest economic analyses, they reveal the drivers and effects of global finance and trade, lay out the key risks to globalization, and offer a practical policy roadmap for managing the challenges while increasing the gains. Vital reading for anyone in business, finance, foreign affairs, or economics, Globalization at Risk is sure to advance public debate on this defining issue of the 21st century.
Global Governance of Financial Systems
Global Governance of Financial Systems - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Global Governance of Financial Systems write by Kern Alexander. This book was released on 2005-09-08. Global Governance of Financial Systems available in PDF, EPUB and Kindle. The book sets forth the economic rationale for international financial regulation and what role, if any, international regulation can play in effectively managing systemic risk while providing accountability to all affected nations. The book suggests that a particular type of global governance structure is necessary to have more efficient regulation of the international financial system.
Managing Country Risk in an Age of Globalization
Managing Country Risk in an Age of Globalization - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Managing Country Risk in an Age of Globalization write by Michel Henry Bouchet. This book was released on 2018-08-04. Managing Country Risk in an Age of Globalization available in PDF, EPUB and Kindle. This book provides an up-to-date guide to managing Country Risk. It tackles its various and interlinked dimensions including sovereign risk, socio-political risk, and macroeconomic risk for foreign investors, creditors, and domestic residents. It shows how they are accentuated in the global economy together with new risks such as terrorism, systemic risk, environmental risk, and the rising trend of global volatility and contagion. The book also assesses the limited usefulness of traditional yardsticks of Country Risk, such as ratings and rankings, which at best reflect the market consensus without predictive value and at worst amplify risk aversion and generate crisis contamination. This book goes further than comparing a wide range of risk management methods in that it provides operational and forward-looking warning signs of Country Risk. The combination of the authors’ academic and market-based backgrounds makes the book a useful tool for scholars, analysts, and practitioners.
