The recent global financial crisis has shaken the confidence of developed and developing countries alike in the very blueprint of financial and macro policies that underlie the western capitalist systems. In an effort to contain the crisis from spreading, the authorities in the US and many European governments have taken unprecedented steps of providing extensive liquidity, giving assurances to bank depositors and creditors that include blanket guarantees, and structuring bail-out programs that include taking large ownership stakes in financial institutions, in addition to establishing programs for direct provision of credit to non-financial institutions. Emphasizing the importance of incentives and tensions between short term and longer te...
As well as providing an analysis of how financial stability could be sustained through the appropria...
The boom of the world economy during 1990-2007 made economists envisage that recessions are a pheno...
The historical record shows that financial crises are far from being a rare a phenomenon; they occur...
The recent global financial crisis has shaken the confidence of industrial and developing countries ...
The paper studies major ways in rethinking macroeconomic policy under current conditions. Crucial ch...
The paper discusses the role of monetary policy in preventing financial crises and offsetting their ...
The recent global financial crisis has reopened the debate about macroeconomic policies’ objectives,...
This paper describes the origins of the global financial crisis and how the prevailing New Keynesian...
This paper describes the origins of the global financial crisis and how the prevailing New Keynesian...
policy briefs on the crisis—assessing the policy responses, shedding light on financial reforms curr...
The 2008–09 Global Financial Crisis originated from a poor incentive structure in the asset market d...
The world economy in 2008-09 confronted its most downright financial shock that is likely to have co...
This report surveys the major aspects of financial crises and the restructuring and growth process o...
In the aftermath of recent crisis, national governments across the global south increasingly see sta...
Until two years ago, it was believed that the financial system as a whole was self-correcting and th...
As well as providing an analysis of how financial stability could be sustained through the appropria...
The boom of the world economy during 1990-2007 made economists envisage that recessions are a pheno...
The historical record shows that financial crises are far from being a rare a phenomenon; they occur...
The recent global financial crisis has shaken the confidence of industrial and developing countries ...
The paper studies major ways in rethinking macroeconomic policy under current conditions. Crucial ch...
The paper discusses the role of monetary policy in preventing financial crises and offsetting their ...
The recent global financial crisis has reopened the debate about macroeconomic policies’ objectives,...
This paper describes the origins of the global financial crisis and how the prevailing New Keynesian...
This paper describes the origins of the global financial crisis and how the prevailing New Keynesian...
policy briefs on the crisis—assessing the policy responses, shedding light on financial reforms curr...
The 2008–09 Global Financial Crisis originated from a poor incentive structure in the asset market d...
The world economy in 2008-09 confronted its most downright financial shock that is likely to have co...
This report surveys the major aspects of financial crises and the restructuring and growth process o...
In the aftermath of recent crisis, national governments across the global south increasingly see sta...
Until two years ago, it was believed that the financial system as a whole was self-correcting and th...
As well as providing an analysis of how financial stability could be sustained through the appropria...
The boom of the world economy during 1990-2007 made economists envisage that recessions are a pheno...
The historical record shows that financial crises are far from being a rare a phenomenon; they occur...