Download or read book The State as Financier of Last Resort written by Bryn Battersby and published by International Monetary Fund. This book was released on 2022-10-13 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the COVID-19 pandemic and global financial crisis, governments swiftly served as financiers of last resort through large financial support measures (FSMs) such as loan and guarantee programs and equity injections in firms. This Staff Discussion Note argues that such FSMs prevented bankruptcies and attenuated the recession by increasing firms’ liquidity, reducing risk premiums, and boosting confidence. But FSMs also carry large and long-lasting fiscal costs and risks. The note presents recommendations for managing the legacies of the COVID-19 programs and preparing for future crises. Ideally, FSMs should be assessed and included in budget plans, though a balance needs to be struck between speed and scrutiny.
Download or read book Rethinking Financial Deepening written by Ms.Ratna Sahay and published by International Monetary Fund. This book was released on 2015-05-04 with total page 41 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis experience shone a spotlight on the dangers of financial systems that have grown too big too fast. This note reexamines financial deepening, focusing on what emerging markets can learn from the advanced economy experience. It finds that gains for growth and stability from financial deepening remain large for most emerging markets, but there are limits on size and speed. When financial deepening outpaces the strength of the supervisory framework, it leads to excessive risk taking and instability. Encouragingly, the set of regulatory reforms that promote financial depth is essentially the same as those that contribute to greater stability. Better regulation—not necessarily more regulation—thus leads to greater possibilities both for development and stability.
Download or read book A Strategy for Resolving Europe s Problem Loans written by Mr.Shekhar Aiyar and published by International Monetary Fund. This book was released on 2015-09-24 with total page 79 pages. Available in PDF, EPUB and Kindle. Book excerpt: Europe’s banking system is weighed down by high levels of non-performing loans (NPLs), which are holding down credit growth and economic activity. This discussion note uses a new survey of European country authorities and banks to examine the structural obstacles that discourage banks from addressing their problem loans. A three pillared strategy is advocated to remedy the situation, comprising: (i) tightened supervisory policies, (ii) insolvency reforms, and (iii) the development of distressed debt markets.
Download or read book Global Financial Stability Report April 2012 written by International Monetary Fund. Monetary and Capital Markets Department and published by International Monetary Fund. This book was released on 2012-04-18 with total page 94 pages. Available in PDF, EPUB and Kindle. Book excerpt: The April 2012 Global Financial Stability Report assesses changes in risks to financial stability over the past six months, focusing on sovereign vulnerabilities, risks stemming from private sector deleveraging, and assessing the continued resilience of emerging markets. The report probes the implications of recent reforms in the financial system for market perception of safe assets, and investigates the growing public and private costs of increased longevity risk from aging populations.
Download or read book Morgan written by Jean Strouse and published by Random House Trade Paperbacks. This book was released on 2014-09-09 with total page 850 pages. Available in PDF, EPUB and Kindle. Book excerpt: NATIONAL BESTSELLER The definitive full-scale portrait of J. Pierpont Morgan’s tumultuous life, both in and out of the public eye History has remembered him as a complex and contradictory figure, part robber baron and part patron saint. J. Pierpont Morgan earned his reputation as “the Napoleon of Wall Street” by reorganizing the nation’s railroads and creating industrial giants such as General Electric and U.S. Steel. At a time when the country had no Federal Reserve system, he appointed himself a one-man central bank. He had two wives, three yachts, four children, six houses, mistresses, and one of the finest art collections in America. In this extraordinary book, drawing extensively on new material, award-winning biographer Jean Strouse vividly portrays the financial colossus, the avid patron of the arts, and the entirely human character behind all the myths. Praise for Morgan “Magnificent . . . the fullest and most revealing look at this remarkable, complex man that we are likely to get.”—The Wall Street Journal “A masterpiece . . . No one else has told the tale of Pierpont Morgan in the detail, depth, and understanding of Jean Strouse.”—Robert Heilbroner, Los Angeles Times Book Review “It is hard to imagine a biographer coming any closer to perfection.”—St. Louis Post-Dispatch “Strouse is in full command of Pierpont Morgan’s personal life, his financial operations, his collecting, and his benefactions, and presents a rich, vivid picture of the background against which they took place. . . . A magnificent biography.”—The New York Review of Books “With uncommon intelligence, maturity, and psychological insight, Morgan: American Financier is that rare masterpiece biography that enables us to penetrate the soul of a complex human being.”—The Philadelphia Inquirer
Download or read book The International Financial Crisis written by Asl? Demirg-Kunt and published by World Scientific. This book was released on 2011 with total page 446 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global financial crisis has caused massive upheavals worldwide. This volume analyzes whether financial principles seem to have shifted, and what that may mean for international financial markets and regulation. It discusses these and related issues.
Download or read book Debt Financing Problems of State and Local Government written by United States. Congress. House. Committee on Banking, Currency and Housing. Subcommittee on Economic Stabilization and published by . This book was released on 1975 with total page 718 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Global Financial Crisis written by Dick K. Nanto and published by DIANE Publishing. This book was released on 2009 with total page 127 pages. Available in PDF, EPUB and Kindle. Book excerpt: Contents: (1) Recent Developments and Analysis; (2) The Global Financial Crisis and U.S. Interests: Policy; Four Phases of the Global Financial Crisis; (3) New Challenges and Policy in Managing Financial Risk; (4) Origins, Contagion, and Risk; (5) Effects on Emerging Markets: Latin America; Russia and the Financial Crisis; (6) Effects on Europe and The European Response: The ¿European Framework for Action¿; The British Rescue Plan; Collapse of Iceland¿s Banking Sector; (7) Impact on Asia and the Asian Response: Asian Reserves and Their Impact; National Responses; (8) International Policy Issues: Bretton Woods II; G-20 Meetings; The International Monetary Fund; Changes in U.S. Reg¿s. and Regulatory Structure; (9) Legislation.
Download or read book Financier written by and published by . This book was released on 1916 with total page 862 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book OECD Economic Surveys France 2007 written by OECD and published by OECD Publishing. This book was released on 2007-06-27 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: With short-term prospects somewhat brighter, and budgetary prospects improved, the OECD Economic Survey of France 2007 looks at some long-term challenges: the performance of policies for education and those for poverty and social exclusion is ...
Download or read book Edge of Chaos written by Dambisa Moyo and published by Basic Books. This book was released on 2018-04-24 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: From an internationally acclaimed economist, a provocative call to jump-start economic growth by aggressively overhauling liberal democracy Around the world, people who are angry at stagnant wages and growing inequality have rebelled against established governments and turned to political extremes. Liberal democracy, history's greatest engine of growth, now struggles to overcome unprecedented economic headwinds -- from aging populations to scarce resources to unsustainable debt burdens. Hobbled by short-term thinking and ideological dogma, democracies risk falling prey to nationalism and protectionism that will deliver declining living standards. In Edge of Chaos, Dambisa Moyo shows why economic growth is essential to global stability, and why liberal democracies are failing to produce it today. Rather than turning away from democracy, she argues, we must fundamentally reform it. Edge of Chaos presents a radical blueprint for change in order to galvanize growth and ensure the survival of democracy in the twenty-first century.
Download or read book Hearings Reports and Prints of the Senate Committee on Governmental Affairs written by United States. Congress. Senate. Committee on Governmental Affairs and published by . This book was released on 1977 with total page 920 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Urban Policy in America written by United States. Congress. Senate. Committee on Governmental Affairs. Subcommittee on Intergovernmental Relations and published by . This book was released on 1978 with total page 716 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book DFID Annual Report 2008 written by Great Britain. Parliament. House of Commons. International Development Committee and published by The Stationery Office. This book was released on 2009 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: Incorporating HC 945-i, ii, and iii of session 2007-08. The DFID annual report 2009 published as HC 492, session 2007-08 (ISBN 9780102953664)
Download or read book Aftermath written by Manuel Castells and published by Oxford University Press. This book was released on 2012-07-26 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: The consequences of the financial crisis may be uncertain, but are sure to reach deep into the body politic, civil society, welfare systems, and reform. This collection of essays by leading international sociologists and social scientists explores the likely outcomes and consequences
Download or read book The Locust and the Bee written by Geoff Mulgan and published by Princeton University Press. This book was released on 2015-03-09 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to harness capitalism's dynamism to create an economy that promotes well-being and rewards creation The recent economic crisis was a dramatic reminder that capitalism can both produce and destroy. It's a system that by its very nature encourages predators and creators, locusts and bees. But, as Geoff Mulgan argues in this compelling, imaginative, and important book, the economic crisis also presents a historic opportunity to choose a radically different future for capitalism, one that maximizes its creative power and minimizes its destructive force. In an engaging and wide-ranging argument, Mulgan digs into the history of capitalism across the world to show its animating ideas, its utopias and dystopias, as well as its contradictions and possibilities. Drawing on a subtle framework for understanding systemic change, he shows how new political settlements reshaped capitalism in the past and are likely to do so in the future. By reconnecting value to real-life ideas of growth, he argues, efficiency and entrepreneurship can be harnessed to promote better lives and relationships rather than just a growth in the quantity of material consumption. Healthcare, education, and green industries are already becoming dominant sectors in the wealthier economies, and the fields of social innovation, enterprise, and investment are rapidly moving into the mainstream—all indicators of how capital could be made more of a servant and less a master. This is a book for anyone who wonders where capitalism might be heading next—and who wants to help make sure that its future avoids the mistakes of the past. This edition of The Locust and the Bee includes a new afterword in which the author lays out some of the key challenges facing capitalism in the twenty-first century.
Download or read book National Health Policy and Health Resources Development Hearings Before the Subcommittee on Public Health and Enviornment of 93 2 Mar 15 Apr 30 May 1 6 7 8 9 and 14 1974 written by United States. Congress. House. Interstate and Foreign CommerceCommittee and published by . This book was released on 1974 with total page 1020 pages. Available in PDF, EPUB and Kindle. Book excerpt:
