Download or read book Banques centrales et stabilit financi re written by France. Conseil d'analyse économique and published by . This book was released on 2011 with total page 343 pages. Available in PDF, EPUB and Kindle. Book excerpt: Face à la crise, les banques centrales ont assoupli généreusement les conditions de refinancement des banques et déployé une batterie de mesures non conventionnelles. Selon toute vraisemblance, elles ont ainsi évité aux principales économies mondiales de basculer dans une déflation similaire à celles des années trente. Cela étant, leur responsabilité dans le déclenchement de la crise n'en est pas moins débattue. Il en ressort qu'elles n'ont pas accordé une attention suffisante à la stabilité financière et qu'il leur faut à cet égard tirer les leçons de la crise. Une réflexion est depuis lors engagée sur l'évolution des missions des banques centrales et, tout particulièrement, sur le rôle qu'elles ont à jouer dans la politique de stabilité financière. Ce rapport entend y contribuer. Il s'appuie sur une enquête à laquelle ont répondu des économistes et des banquiers centraux du monde entier, et qui permet de recenser les différentes opinions. Partant de cette enquête, deux lectures sont proposées. Les deux s'accordent sur la nécessité d'une articulation entre la politique monétaire et la politique de stabilité financière globale dite macro-prudentielle. Mais elles divergent quant aux modalités de cette articulation. La première plaide pour le maintien d'une séparation entre politique monétaire et politique macro-prudentielle. La seconde défend au contraire une coordination de la politique monétaire et de la politique macro-prudentielle au sein de la Banque Centrale. Ce rapport s'accompagne d'un grand nombre de recommandations, ainsi que de compléments réalisés par Michel Aglietta, Charles Goodhart et Tommaso Padoa-Schioppa, à la mémoire duquel ce rapport est dédié. [4e de couv.]
Download or read book Immunities in the Age of Global Constitutionalism written by Anne Peters and published by Martinus Nijhoff Publishers. This book was released on 2015-01-27 with total page 378 pages. Available in PDF, EPUB and Kindle. Book excerpt: The law of immunity of states, of international organisations, and of public officials is one of the most important and most controversial topics of international law. The book consists of five parts: ‘State Immunity – National Practice’; State Immunity before the ICJ – The case Germany v Italy; ‘Commercial Activities and State Immunity’; ‘Immunity and Impunity’; and ‘Immunities of International Organisations’. Although immunities are in principle firmly anchored in international law, their precise legal implications are often unclear. The book takes up a number of new trends and challenges in this field and assesses them within the framework of global constitutionalism and multilevel governance. Contains chapters in both English and French.
Download or read book Public Action in the crisis written by Philippe Bance and published by Presses universitaires de Rouen et du Havre. This book was released on 2012-06-04 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: Confronted with the major crisis that struck the world economy at the end of the first decade of the twenty-first century, analysts, researches, and political leaders studied past experiences to avoid repeating errors of diagnosis, recommendation, or action. The disatrous experience of the Great Depression of the 1930's, which caused and social misery, messive unemployment, protectionism forms of nationalism, and led to a world war whose devastating effects were pushed to an extreme, remained in mind.
Download or read book Stability of the Financial System written by Andreas R. Dombret and published by Edward Elgar Publishing. This book was released on 2013-01-01 with total page 556 pages. Available in PDF, EPUB and Kindle. Book excerpt: ÔFinancial stability is necessary. To achieve this common target an on-going dialogue is required between industry, policymakers, academia and other relevant stakeholders. This book provides a welcome and refreshing perspective from different standpoints on the issues at stake, and reminds us of the remaining work ahead.Õ Ð Axel Weber, Chair of Supervisory Board, UBS ÔSince 2008, financial stability has moved to the center of the policy stage. This volume, combining contributions from leading policy makers and academics, is the essential introduction to the issues. Must reading.Õ Ð Barry Eichengreen, George C. Pardee and Helen N. Pardee Professor of Economics and Political Science, University of California, Berkeley, US ÔThere was a world BC (Before Crisis) and there will be a world AD (After Deleveraging) Ð the challenge is to create an effective, efficient yet stable and sustainable financial system for this Ònew worldÓ. This book provides the most comprehensive and thought-provoking basis for action I have seen so far.Õ Ð Paul Achleitner, Chair of Supervisory Board Deutsche Bank AG ÔFinancial stability is an overarching goal. In open and democratic societies, ensuring financial stability is a matter of interest not only to central bankers, academics and financial market players, but also to all well-informed citizens. This book provides an excellent basis for a wide-ranging and rewarding debate.Õ Ð Thomas J. Jordan, Chairman of the Governing Board of the Swiss National Bank ÔThe financial crisis demonstrated conclusively that for central bankers and other policymakers financial stability must always be of paramount concern, for without it the macroeconomy will perform badly and monetary policy will lose its effectiveness. This book underscores the importance of financial stability, laying out the key issues and what must be done to avoid such disasters in the future.Õ Ð William C. Dudley, President of the Federal Reserve Bank of New York, US In the aftermath of the financial crisis, new financial market regulation is being implemented, and increasing numbers of countries are establishing new legislation for macroprudential oversight. Against this backdrop, this thought provoking book provides a platform for the leading international experts to discuss and encourage future debate on financial stability. The breadth and scope of the issues addressed reflect the challenge of developing and consistently implementing a coherent set of financial reforms to promote financial stability. The book advocates the development of financial reforms that are effective in striking the optimal balance between realizing the enormous benefits of efficient financial intermediation, capital allocation and risk management on the one hand, and controlling systemic risks and maintaining financial stability on the other. Making an important contribution to deepening our understanding of the many facets of financial stability, this book will prove a challenging read for policy makers, regulators and central bankers as well as for researchers and scholars in the fields of economics, money, finance and banking.
Download or read book The Importance of New Technologies and Entrepreneurship in Business Development In The Context of Economic Diversity in Developing Countries written by Bahaaeddin Alareeni and published by Springer Nature. This book was released on 2021-03-12 with total page 2139 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book introduces the students, researchers and practitioners into the subject and enabling technologies and applications pertaining to of technology, entrepreneurship and business development through research articles, case studies etc. It is primarily intended for academic purposes for learners of computer Science, management, accounting and information systems disciplines, economics,- entrepreneurship. Publishing chapters in the book is new innovative idea to spread the book in the Middle East and Arab countries and make the book achieve more sales. As many students in all levels, graduates and undergraduates in addition to research, professionals are not able to get sufficient resources because of the language concern.
Download or read book The Encyclopedia of Central Banking written by Louis-Philippe Rochon and published by Edward Elgar Publishing. This book was released on 2015-02-27 with total page 541 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Encyclopedia of Central Banking, co-edited by Louis-Philippe Rochon and Sergio Rossi, contains some 250 entries written by over 200 economists on topics related to monetary macroeconomics, central bank theory and policy, and the history of monetary
Download or read book Macroprudential Banking Supervision Monetary Policy written by Luca Amorello and published by Springer. This book was released on 2018-08-27 with total page 413 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European experience suggests that the efforts made to achieve an efficient trade-off between monetary policy and prudential supervision ultimately failed. The severity of the global crisis have pushed central banks to explore innovative tools—within or beyond their statutory constraints—capable of restoring the smooth functioning of the financial cycle, including setting macroprudential policy instruments in the regulatory toolkit. But macroprudential and monetary policies, by sharing multiple transmission channels, may interact—and conflict—with each other. Such conflicts may represent not only an economic challenge in the pursuit of price and financial stability, but also a legal uncertainty characterizing the regulatory developments of the EU macroprudential and monetary frameworks. In analyzing the “legal interaction” between the two frameworks in the EU, this book seeks to provide evidence of the inconsistencies associated with the structural separation of macroprudential and monetary frameworks, shedding light upon the legal instruments that could reconcile any potential policy inconsistency.
Download or read book Green Banking and Green Central Banking written by Andreas Dombret and published by Walter de Gruyter GmbH & Co KG. This book was released on 2021-10-11 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: The books deals with the questions that really matter for green finance: Where will the money to finance the transition to a low carbon environment come from, how far do the banks’ balance sheets stretch and where will the rest of the money come from? How much can we rely on the capital markets, especially in the EU, to get money to the parts of the economy which really need it, without greenwashing? How do governments organize not just a transition, but a just transition to a low carbon environment? Is it time to revisit received ideas about the proper role for central banks?
Download or read book Recueil Des Trait s written by League of Nations and published by . This book was released on 1928 with total page 778 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Institutional Structure of Financial Regulation written by Robin Hui Huang and published by Routledge. This book was released on 2014-06-20 with total page 281 pages. Available in PDF, EPUB and Kindle. Book excerpt: In light of on-going global financial crises, the institutional structure of financial regulation is currently a subject of significant academic and practical interest. The financial crisis has called into question the adequacy of financial regulation at the national and supranational levels, and has instigated financial regulatory reforms in major markets overseas. This has included the enactment of the Dodd-Frank Act in the US, and the programme to split the Financial Services Authority in the UK. This book examines the institutional structure reform of financial regulation from a comparative perspective, exploring both fundamental theories and international experiences. The book explores the three main institutional structures of financial regulation in the world; the sectors-based model, adopted in the US, Mainland China and Hong Kong; the twin-peaks model with Australia and the Netherlands as its pioneers; and the single-regulator model as represented by the former Financial Services Authority in the UK and the Financial Services Agency in Japan. The book contains contributions from renowned experts in the field of financial regulation including Douglas Arner, Jeffrey Carmichael, Robin Hui Huang, Dirk Schoenmaker, and Michael Taylor, and will be of interest to students and researchers of banking and finance law, and comparative economics.
Download or read book Hyperinflation Guide de self d fense financi re written by Lionel Ségaut and published by Lulu.com. This book was released on 2012-10-23 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Instabilité économique, crise, inflation, hyperinflation : vos économies peuvent disparaître à tout moment. Le guide de self-défense financière est une arme redoutable de protection contre une réelle menace : l'effondrement imminent de la valeur de la monnaie papier. Vous découvrirez une stratégie complète d'une facilité déconcertante qu'aucun conseiller financier n'a osé vous proposer...
Download or read book Institutionality written by Yannik Porsché and published by Springer Nature. This book was released on 2022-06-02 with total page 577 pages. Available in PDF, EPUB and Kindle. Book excerpt: This edited book brings together humanities and social sciences scholars from the various disciplines at the nexus of discourse studies and ethnography to reflect on questions of institutional practices and their political concerns. Institutional order plays an important role in structuring power relations in society. Yet, contrary to common understandings of structure, institutional orders are far from fixed or stable. They constantly change, and they are resisted and reimagined by social actors. The 20 studies collected in this edited volume develop the notion of institutionality as an overarching perspective to explore how institutional actors and institutional practices order and reorder power in societies across the globe. Thereby the chapters pay special attention to the fluidity, volatility, fragility, and ambiguity of order, and consequently to its claims to authority. Employing a broad range of discourse analytic and ethnographic methodologies, the studies show how institutions are discursively and materially constructed, defined, represented and how they are made relevant and become powerful – or how they are resisted, transformed or lose significance – in interaction. Readers will obtain nuanced insights into ways in which differently positioned social actors engage in struggles about how institutions can be imagined and enacted across several domains, such as workplace interactions, architecture, mass-media representations or organisational publicity. This book will be of interest to readers in Applied Linguistics, Discourse and Society, Critical Discourse Analysis, Political Theory and Communication Studies.
Download or read book Luxembourg written by International Monetary Fund. European Dept. and published by International Monetary Fund. This book was released on 2018-04-03 with total page 69 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Selected Issues paper provides an overview of the impact of monetary policy on Luxembourg’s macroeconomy. It analyzes the impact on the banking system, including risks that could result from normalization. It also studies the impact of accommodative monetary policy on the investment fund industry. Accommodative monetary policy has contributed to the performance of the Luxembourg economy through some expansion of aggregate demand and through its impact on the financial system. Banks have remained profitable and interest margins stable, while fee and commission income from the fund and other activity has been healthy. The investment fund industry has benefited from various factors such as portfolio rebalancing, search for yield, and other market developments leading to strong inflows into various classes of investment funds, and through strong valuation effects. Scenario analysis suggests that the fund industry could be adversely impacted by sharp interest rate increases and that, because of interconnections, the banking system would also be affected.
Download or read book Central Banks and Supervisory Architecture in Europe written by Holzmann, Robert and published by Edward Elgar Publishing. This book was released on 2022-10-07 with total page 253 pages. Available in PDF, EPUB and Kindle. Book excerpt: COVID-19 and other recent crises have proved the need to review the state-of-play and implement robust institutional frameworks in the complex, heterogenous and decentralised European financial supervisory architecture, this insightful book outlines what can be done to innovate the current set-up in the face of pressing issues like climate change, BigTech and crypto assets.
Download or read book Central Banking Monetary Policy and the Environment written by Rochon, Louis-Philippe and published by Edward Elgar Publishing. This book was released on 2022-08-16 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: Part of the Elgar Series on Central Banking and Monetary Policy, this book explores the relationship between central banking, monetary policy and the economy at large. It focuses on the specific relationship between central banking, monetary policy and the environment as central banks wake up to new realities.
Download or read book International Lending in a Fragile World Economy written by D.E. Fair and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Papers collected in this volume are those presented at the tenth Collo quium arranged by the Societe Universitaire Europeenne de Recherches Fi nancieres (SUERF), which took place in Vienna in April 1982. The Society is supported by a large number of central banks, commercial banks, and other financial and business institutions, as well as by academics and others interested in monetary and financial problems. Since its estab lishment in 1963 it has developed as a forum for the exchange of informa tion, research results and ideas, valued by academics and practitioners in these fields, induding central bank officials and civil servants responsible for formulating and applying monetary and financial policies. A major activity of SUERF is to organise and conduct Colloquia on sub jects of topical interest to members. The titles, places and dates of previous Colloquia for which volumes of the collected Papers were published are noted on page 421. Volumes were not issued for Colloquia held at Tar ragona, Spain in October 1970 under the title "Monetary Policy and New Developments in Banking" and at Strasbourg, France in January 1972 un der the title "Aspects of European Monetary Union."
