Globalization and systemic risk /:

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 thi...

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Bibliographische Detailangaben
Körperschaften: Annual International Banking Conference Federal Reserve Bank of Chicago, Federal Reserve Bank of Chicago
Weitere Verfasser: Evanoff, Douglas Darrell, 1951-, Hoelscher, David S., Kaufman, George G.
Format: Elektronisch Tagungsbericht E-Book
Sprache:English
Veröffentlicht: Singapore ; Hackensack, NJ : World Scientific, ©2009.
Schriftenreihe:World Scientific studies in international economics ; v. 6.
Schlagworte:
Online-Zugang:Volltext
Zusammenfassung: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.
Beschreibung:"The papers published in this volume ... were presented at a two-day conference at Federal Reserve Bank of Chicago on September 27-28, 2007, co-sponsored with the International Monetary Fund. The conference was the Tenth Annual International Banking and Finance Conference sponsored by Federal Reserve Bank of Chicago on important current issues confronting the international financial system."--Page v
Beschreibung:1 online resource (xii, 442 pages) : illustrations.
Bibliographie:Includes bibliographical references and index.
ISBN:9789812833389
9812833382
ISSN:1793-3641 ;