Bank Failures In The Major Trading Countries Of The World PDF Download
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| Author | : Benton E. Gup |
| Publisher | : Bloomsbury Publishing USA |
| Total Pages | : 190 |
| Release | : 1998-06-18 |
| Genre | : Business & Economics |
| ISBN | : 031300790X |
Download Bank Failures in the Major Trading Countries of the World Book in PDF, ePub and Kindle
Bank failures, near failures, and crises are common throughout the world, and particularly in the major G-10 trading countries, including the United States, Germany, and Japan. But equally common are the bailouts by national governments, when they perceive that bank failure will result in severe economic distress. Gup examines these events, focusing on happenings in the particularly volatile years since 1980, and finds that nonperforming real estate loans, even more than fraud, are the primary cause. His wide-ranging investigation casts doubt on the effectiveness of bank regulation and makes clear that with globalization and emerging technologies, change in regulatory methods is needed. This book is essential for scholars, students as well as professionals in international banking, finance, investment, and world trade.
| Author | : Benton E. Gup |
| Publisher | : Bloomsbury Publishing USA |
| Total Pages | : 304 |
| Release | : 1999-10-30 |
| Genre | : Business & Economics |
| ISBN | : 0313004390 |
Download International Banking Crises Book in PDF, ePub and Kindle
The financial crises that began unexpectedly in Southeast Asia in 1997 spread rapidly around the globe, causing banks to fail, stock markets to plummet, and other newsmaking disruptions. Gup and his contributors examine these failures and crises in the main arenas where they occurred—Thailand, Indonesia, South Korea, Russia, Argentina—and provide some important answers to the critical questions these frightening events raised. The result is a readable, easily grasped study of issues relating to bank failure and the effectiveness of bank regulation, and important reading for academics and practitioners alike. In July 1997 Thailand devalued its currency. This one event sparked financial crises that spread with astonishing speed from Southeast Asia around the world to Russia. Even in the United States and South America the impact was felt. Southeast Asia had been considered a model—in fact a miracle—of economic growth. No one foresaw the crises that soon occurred there, and the severity and contagion of these crises raised questions globally: What happened? Why? And what can we do about it? Gup and his contributors offer some answers to these critical questions. Gup and his panel finally conclude that government actions were at the root of these crises. Banks were pawns in the hands of governments, and banks helped fuel the booms that ultimately burst, booms supported by investments from other countries around the world, not incidentally. Gup goes on to lay out other provocative questions, among them: How effective are bank regulations? And how do we resolve failed and insolvent banks? The result is an important contribution to the literature in banking, finance, investment, and the role government plays in these activities—a book not only for academics but for practitioners and informed laymen as well.
| Author | : Jean-Pierre Chauffour |
| Publisher | : World Bank Publications |
| Total Pages | : 433 |
| Release | : 2011-06-22 |
| Genre | : Business & Economics |
| ISBN | : 0821387480 |
Download Trade Finance during the Great Trade Collapse Book in PDF, ePub and Kindle
On September 15, 2008, Lehman Brothers, the fourth largest U.S. investment bank filed for bankruptcy. Global credit markets tightened. Spreads skyrocketed. International trade plummeted by double digits. Banks were reportedly unable to meet the demand from their customers to finance their international trade operations, leaving a trade finance 'gap' estimated at around US$25 billion. Governments and international institutions felt compelled to intervene based on the information that some 80-90 percent of world trade relies on some form of trade finance. As the recovery unfolds, the time has come to provide policy makers and analysts with a comprehensive assessment of the role of trade finance in the 2008-09 great trade collapse and the subsequent role of governments and institutions to help restore trade finance markets. After reviewing the underpinning of trade finance and interfirm trade credit, 'Trade Finance during the Great Trade Collapse' aims to answer the following questions: - Was the availability and cost of trade finance a major constraint on trade during the 2008-09 global economic crisis? - What are the underpinnings and limits of national and international public interventions in support of trade finance markets in times of crisis? - How effective were the public and private sector mechanisms put in place during the crisis to support trade and trade finance? - To what extent have the new banking regulations under Basel II and Basel III exacerbated the trade finance shortfall during the crisis and in the post-crisis environment, respectively? 'Trade Finance during the Great Trade Collapse' is the product of a fruitful collaboration during the crisis among the World Bank Group, international financial partners, private banks, and academia. 'Trade is the lifeblood of the world economy, and the sharp collapse in trade volumes was one of the most dramatic consequences of the global financial crisis. It was the moment the financial crisis hit the real economy, and when parts of the world far from the epicenter of financial turbulence felt its full fury. This book is extremely timely and full of critical insights into the role of trade finance and the potential damaging impact from the unintended consequences of regulatory changes.' --Peter Sands, CEO, Standard Chartered Bank
| Author | : Richard E. Baldwin |
| Publisher | : CEPR |
| Total Pages | : 246 |
| Release | : 2009 |
| Genre | : Commercial policy |
| ISBN | : 1907142061 |
Download The Great Trade Collapse: Causes, Consequences and Prospects Book in PDF, ePub and Kindle
| Author | : Chenzi Xu |
| Publisher | : |
| Total Pages | : 54 |
| Release | : 2022 |
| Genre | : Bank failures |
| ISBN | : |
Download Reshaping Global Trade: the Immediate and Long-term Effects of Bank Failures Book in PDF, ePub and Kindle
"I show that a disruption to the financial sector can reshape the patterns of global trade for decades. I study the first modern global banking crisis originating in London in 1866 and collect archival loan records that link multinational banks headquartered there to their lending abroad. Countries exposed to bank failures in London immediately exported significantly less and did not recover their lost growth relative to unexposed places. Their market shares within each destination also remained significantly lower for four decades. Decomposing the persistent market-share losses shows that they primarily stem from lack of extensive margin growth, as the financing shock caused importers to source more from new trade partnerships. Exporters producing more substitutable goods, those with little access to alternative forms of credit, and those trading with more distant partners experienced more persistent losses, consistent with the existence of sunk costs and the importance of finance for intermediating trade."--Abstract.
| Author | : Richard E. Baldwin |
| Publisher | : |
| Total Pages | : 112 |
| Release | : 2011-03 |
| Genre | : Business & Economics |
| ISBN | : 9781907142239 |
Download The Collapse of Global Trade, Murky Protectionism, and the Crisis Book in PDF, ePub and Kindle
The global financial crisis of 2008/9 is the Great Depression of the 21st century. For many though, the similarities stop at the Wall Street Crash as the current generation of policymakers have acted quickly to avoid the mistakes of the past. Yet the global crisis has made room for mistakes all of its own. While governments have apparently kept to their word on refraining from protectionist measures in the style of 1930s tariffs, there has been a disturbing rise in "murky protectionism." Seemingly benign, these crisis-linked policies are twisted to favour domestic firms, workers and investors. This book, first published as an eBook on VoxEU.org in March 2009, brings together leading trade policy practitioners and experts - including Australian Trade Minister Simon Crean and former Mexican President Ernesto Zedillo. Initially its aim was to advise policymakers heading in to the G20 meeting in London, but since the threat of murky protectionism persists, so too do their warnings.
| Author | : World Bank |
| Publisher | : World Bank Publications |
| Total Pages | : 241 |
| Release | : 2019-11-21 |
| Genre | : Business & Economics |
| ISBN | : 1464814414 |
Download Doing Business 2020 Book in PDF, ePub and Kindle
Seventeen in a series of annual reports comparing business regulation in 190 economies, Doing Business 2020 measures aspects of regulation affecting 10 areas of everyday business activity.
| Author | : |
| Publisher | : |
| Total Pages | : 594 |
| Release | : 1997 |
| Genre | : Biography & Autobiography |
| ISBN | : |
Download History of the Eighties Book in PDF, ePub and Kindle
| Author | : International Monetary Fund. Strategy, Policy, & Review Department |
| Publisher | : International Monetary Fund |
| Total Pages | : 172 |
| Release | : 2019-05-20 |
| Genre | : Business & Economics |
| ISBN | : 1498315712 |
Download 2018 Review of Program Design and Conditionality Book in PDF, ePub and Kindle
The 2018 Review of Program Design and Conditionality is the first comprehensive stocktaking of Fund lending operations since the global financial crisis. The review assesses program performance between September 2011 and end-2017. Programs during this period were defined by the protracted structural challenges faced by members and hampered by the persistently weak global environment.
| Author | : Benton E. Gup |
| Publisher | : Bloomsbury Publishing USA |
| Total Pages | : 282 |
| Release | : 2000-09-30 |
| Genre | : Business & Economics |
| ISBN | : 031300451X |
Download The New Financial Architecture Book in PDF, ePub and Kindle
Bank failures, crises, global banking, megamergers, changes in technology—the effect of these world events is to weaken existing methods of regulating bank safety and soundness, and even to make some methods ineffective. Federal regulators are evaluating new ways to solve them. Dr. Gup and his panel of academics and regulatory professionals explore these problems and the difficulties in implementing solutions. They point out that global banking, megamergers, and changes in technology are drastically altering the way financial services are delivered. They also argue that existing methods of bank regulation, formulated in the United States and elsewhere as early as the 19th century, are not able to cope with these changes. The search now underway for new methods that are global in scope. Inevitably, they will involve cross-border supervision and international cooperation. Covering a wide range of topics, from the rationale of banking regulation to optimal banking regulation in the new world environments, this book examines the innovative tools needed to cope with these problems. Greater reliance on market discipline; the use of internal controls based on statistical models, such as Value-at-Risk; and subordinated debt are discussed. This timely, probing analysis of one of the hottest topics in bank regulation today, is an important resource for professionals and their academic colleagues in the fields of banking, finance, investment, and world trade.
