The impact of the global financial crisis on emerging financial markets (Emerald, 2011)
The impact of the global financial crisis on emerging financial markets / Jonathan A. Batten, Peter G. Szilagyi -- The global financial crisis / Douglas Sikorski -- The causes of the global financial crisis / Ali M. El-Agraa -- The impact of the global financial crisis on emerging and newly industrialized Asia / Irina Bunda, Subir Lall, Sunil Sharma -- Sailing out of crisis emerging markets style / Willi Semmler, Aleksandr V. Gevorkyan -- Bargaining game and LDC's commercial bank debt restructuring outcomes / Ki C. Han, Sukhun Lee, David Y. Suk -- Has international financial co-movement changed? : emerging markets in the 2007-2009 financial crisis / John Ammer, Fang Cai, Chiara Scotti -- Financial sector surveillance and the IMF / Carlo Gola, Francesco Spadafora -- What can the East and Northeast Asian communities learn from the EU? / Ali M. El-Agraa -- Has the international banking and financial crisis damaged emerging market MNCs? / Jenny Berrill, Colm Kearney --
Changing central bank transparency in Central and Eastern Europe during the financial crisis / Csaba Csavas, Szilard Erhart, Anna Naszodi, Klara Pinter -- Return seasonality in emerging markets / Josep García Blandón -- How long memory in volatility affects market risk estimation / Khaled Mokni, Faysal Mansouri -- Dependence and return distributions during crises / Craig Ellis, Maike Sundmacher -- Elasticities of stock prices in emerging markets / Luiz Paulo Lopes Fávero, Fernando Barreira Sotelino -- Financial crises propagation / Elvira Sojli, Renée Fry -- Financial crises and structural breaks in autocorrelation on the Bric's stock markets / Galina Smirnova, Olga Saldakeeva, Sergey Gelman -- Macroeconomic dynamics and the term structure of interest rates in emerging markets / Samer Shousha -- Subprime crisis and its impact on the Brazilian mutual fund industry / Gyorgy Varga, Maxim Wengert -- Determining the RMB exchange regime / Xiaobing Feng, Ilan Alon --
Grass-root stock market investment and long-term commonality in liquidity / Renaud Beaupain, Lei Meng, Marie Marticou -- Properties of realized correlation / Dimitrios I. Vortelinos -- Pricing the currency premium under flexible exchange rates / Martín Grandes, Marcel Peter, Nicolas Pinaud -- Determinants of foreign direct investment in Thailand / Kevin Daly, Chanikarn Teresa Tosompark -- A comparison of financial robustness in the United States and Turkey during 2007-2010 / Paul Bennett, Oral Erdogan
The Global Financial Crisis of 2007-2009 has highlighted the resilience of the financial markets and broader economies from the developing world. This outcome owes much to the bitter experience and economic strategies developed and implemented at both a national and international level following the Asian Financial Crisis of 1997-1998. The objective of this volume is to investigate and assess the impact and response to the crisis from an emerging markets perspective including asset pricing, contagion, financial intermediation, market structure and regulation. Our hope is that the assembled papers will offer clear insights into the complex financial arrangements that now link emerging and developed financial markets in the current economic environment. The volume spans four dimensions: first, a series of background studies offer explanations of the causes and impacts of the crisis on emerging markets more generally; then, implications are considered. The third and final sections provide insights from regional and country-specific perspectives
Includes bibliographical references and index