Who will provide the next financial model? Asia's financial muscle and Europe's financial maturity
During the past 4 years, faith in the present financial model has been shaken in terms of policy, regulation, the financial sector itself, and exchange-rate regimes. Past and present policies of the world’s most respected central banks have come under fire. Regulations that defined the system have u...
| Otros Autores: | , |
|---|---|
| Formato: | Libro electrónico |
| Idioma: | Inglés |
| Publicado: |
Tokyo ; New York :
Springer
c2013.
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| Edición: | 1st ed. 2013. |
| Materias: | |
| Ver en Biblioteca Universitat Ramon Llull: | https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009762732506719 |
Tabla de Contenidos:
- Who Will Provide the Next Financial Model?; Preface; Contents; List of Contributors; Editors; Authors; EU Studies Institute; Part I: Financial Regulation; The EU's Approach to Improving Financial Regulation; 1 Phases of the Crisis; 2 A Rapidly-Evolving Governance Agenda; 2.1 The Supervisory Framework; 2.2 Stress Tests and Other Measures; 2.3 Resolution Procedures; 2.4 Complementary Macroeconomic Coordination Changes; 3 The Challenges and Next Stages; 3.1 Accommodating Different Interests; 3.2 The Role of the ECB; 3.3 Unfinished Business; 4 Conclusions
- Appendix: The EU Legislative Programme on Financial RegulationReferences; Asia's Approach to Improve Financial Regulation; 1 The G20 and FSB as New International Forums for Financial Regulation and Supervision; 1.1 G20; 1.2 FSB; 2.2 Asia Speaking as One Voice; 3 Asia's Approach: Efforts Towards Regional Coordination; 3.1 Multilateral Forums; 3.2 Other Regional Dialogues; 3.3 Need for Emerging and Developing Economies' Perspectives; 4 Conclusion; Comment Paper to Chapters "The EU's Approach to Improving Financial Regulation" and "Asia's Approach to Improve Financial Regulation"
- Comment Paper to Chapters "The EU's Approach to Improving Financial Regulation" and "Asia's Approach to Improve Financial Regulation"Part II: Monetary Policy; The European Central Bank and Implications of the Sovereign Debt Crisis; 1 Introduction; 2 The Interaction Between Monetary and Fiscal Dominance Against a Background of Financial Stability Concerns; 2.1 Theoretical Background; 2.2 Where Do We Stand in the Euro Area?; 2.2.1 Treaty Provisions; 2.2.2 The Policy of the ECB; 3 A Chronological Bird's Eye View of the 2007-2011 Financial Crisis
- 3.1 Financial Turmoil: 9 August 2007-14 September 20083.2 The Global Financial Crisis: 15 September 2008-7 May 2010; 3.3 Sovereign Debt Crisis: Today; 4 What Is the Reasoning Behind the ECB Policy Decisions?; 5 Some Concluding Remarks; Appendix; References; Comment Paper to Chapter "The European Central Bank and Implications of the Sovereign Debt Crisis"; Evolution of Quantitative Easing; 1 Introduction; 2 Role of Central Bank Balance Sheet; 3 Central Bank Balance Sheet Under Financial Crises; 4 Discussion; 4.1 Unconventional Policy Versus Policy Commitment
- 4.2 Portfolio Rebalancing Channel on Yield Curve4.3 Border with Fiscal Policy; 4.4 Acute Pain Versus Chronic Illness; 5 Concluding Remarks; References; Comment Paper to Chapter "Evolution of Quantitative Easing"; Lessons Learned, Lessons Not Learned and the Lessons to Be Learned: From the Asian Crisis to the European Crises; 1 The Asian Crisis; 1.1 Causes; 1.2 Lesson Learned; 1.3 The Asian View of Lessons Learned; 1.4 Applying the Lessons: Coping with Large Post-crisis Capital Inflows; 2 European Crisis; 2.1 Lessons Not Learned; 2.1.1 Crisis Prevention; 2.1.2 Crisis Management
- 2.2 Lessons to Be Learned
