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Finance & Development, June 2008.
- Format:
- Book
- Government document
- Author/Creator:
- International Monetary Fund. External Relations Department.
- Series:
- Finance & Development; Finance & Development No 0045/002
- Finance & Development
- Language:
- English
- Subjects (All):
- Business.
- Industrial management.
- International finance.
- Physical Description:
- 1 online resource (60 p.)
- Edition:
- 1st ed.
- Place of Publication:
- Washington, D.C. : International Monetary Fund, 2008.
- Language Note:
- English
- Summary:
- The June 2008 issue tackles the crisis in financial markets in industrial countries from a number of angles. Articles look at the origins of the crisis in the subprime mortgage market in the United States and track its spillover into other markets. Then authors examine what can be done to prevent future crises. Other articles look at bank capital adequacy rules and Basel II, whether emerging markets and industrial economies are decoupling or converging, capital flows to low-income countries, efforts to achieve the MDGs, and currency intervention. Back to Basics looks at over-the-counter (OTC) markets and the People in Economics column profiles Jacques Polak. Picture This is on the digital divide.
- Contents:
- Cover; Contents; DEPARTMENTS; In Brief; People in Economics; FEATURES; THE FINANCIAL MARKET CRISIS; A Crisis of Confidence . . . and a Lot More: Better incentives for all market players hold the key to greater financial stability; Outbreak: U.S. Subprime Contagion: Any of the problems in the U.S. mortgage market could have been contained; together, they caused a crisis that spread across the globe; Point of View: Asia: A Perspective on the Subprime Crisis: The catchphrases may be different, but there are many similarities between the 1997 Asian financial crisis and today's
- Banking on More Capital: The subprime crisis has made Basel II implementation more important-and challengingPoint of View: Will Basel II Help Prevent Crises or Worsen Them?: Two points of view on whether Basel II adds to boom-bust cycles; Back to Basics; Over-the-Counter Markets: What Are They?; ALSO IN THIS ISSUE; How Much Decoupling? How Much Converging?: Business cycles may be converging among industrial and emerging market economies, but the two groups appear to be decoupling from each other
- Turning Currencies Around: For foreign exchange intervention to work, central banks would need to work togetherPicture This; Bridging the Technology Divide; A Capital Story: The sharp increase in private investment flows to low-income countries is an untold development success story; In Sight, but Not Yet within Reach: Halfway to the target date, concern is mounting that many Millennium Development Goals could be missed; Book Reviews; The VAT in Developing and Transitional Countries; The Logic of Life: The Rational Economics an Irrational World; Country Focus: Algeria; Straight Talk
- Automatic "Destabilizers": Why high food and fuel prices are having a destabilizing effect on a slowing world economy
- Notes:
- Description based upon print version of record.
- Description based on publisher supplied metadata and other sources.
- ISBN:
- 9786612844812
- 9781462309863
- 1462309860
- 9781452796758
- 1452796750
- 9781282844810
- 1282844814
- 9781451966886
- 1451966881
- 9781451922370
- 145192237X
- OCLC:
- 870245398
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