The impact of the global financial crisis on emerging financial markets / edited by Jonathan A. Batten, Peter G. Szilagyi.

Format:

Book

Contributor:

Batten, Jonathan.

Szilagyi, Peter G., 1976-

Series:

Contemporary studies in economic and financial analysis ; v. 93.

Contemporary studies in economic and financial analysis, 1569-3759 ; v. 93

Language:

English

Subjects (All):

Global Financial Crisis, 2008-2009.

Physical Description:

1 online resource (745 p.)

Edition:

1st ed.

Place of Publication:

Bingley, U.K. : Emerald, 2011.

Language Note:

English

Summary:

The Global Financial Crisis of 2007-2009 has highlighted the resilience of the financial markets and broader economies from the developing world. This outcome owes much to the bitter experience and economic strategies developed and implemented at both a national and international level following the Asian Financial Crisis of 1997-1998. The objective of this volume is to investigate and assess the impact and response to the crisis from an emerging markets perspective including asset pricing, contagion, financial intermediation, market structure and regulation. Our hope is that the assembled papers will offer clear insights into the complex financial arrangements that now link emerging and developed financial markets in the current economic environment. The volume spans four dimensions: first, a series of background studies offer explanations of the causes and impacts of the crisis on emerging markets more generally; then, implications are considered. The third and final sections provide insights from regional and country-specific perspectives.

Contents:

The impact of the global financial crisis on emerging financial markets / Jonathan A. Batten, Peter G. Szilagyi

The global financial crisis / Douglas Sikorski

The causes of the global financial crisis / Ali M. El-Agraa

The impact of the global financial crisis on emerging and newly industrialized Asia / Irina Bunda, Subir Lall, Sunil Sharma

Sailing out of crisis emerging markets style / Willi Semmler, Aleksandr V. Gevorkyan

Bargaining game and LDC's commercial bank debt restructuring outcomes / Ki C. Han, Sukhun Lee, David Y. Suk

Has international financial co-movement changed? : emerging markets in the 2007-2009 financial crisis / John Ammer, Fang Cai, Chiara Scotti

Financial sector surveillance and the IMF / Carlo Gola, Francesco Spadafora

What can the East and Northeast Asian communities learn from the EU? / Ali M. El-Agraa

Has the international banking and financial crisis damaged emerging market MNCs? / Jenny Berrill, Colm Kearney

Changing central bank transparency in Central and Eastern Europe during the financial crisis / Csaba Csavas, Szilard Erhart, Anna Naszodi, Klara Pinter

Return seasonality in emerging markets / Josep García Blandón

How long memory in volatility affects market risk estimation / Khaled Mokni, Faysal Mansouri

Dependence and return distributions during crises / Craig Ellis, Maike Sundmacher

Elasticities of stock prices in emerging markets / Luiz Paulo Lopes Fávero, Fernando Barreira Sotelino

Financial crises propagation / Elvira Sojli, Renée Fry

Financial crises and structural breaks in autocorrelation on the Bric's stock markets / Galina Smirnova, Olga Saldakeeva, Sergey Gelman

Macroeconomic dynamics and the term structure of interest rates in emerging markets / Samer Shousha

Subprime crisis and its impact on the Brazilian mutual fund industry / Gyorgy Varga, Maxim Wengert

Determining the RMB exchange regime / Xiaobing Feng, Ilan Alon

Grass-root stock market investment and long-term commonality in liquidity / Renaud Beaupain, Lei Meng, Marie Marticou

Properties of realized correlation / Dimitrios I. Vortelinos

Pricing the currency premium under flexible exchange rates / Martín Grandes, Marcel Peter, Nicolas Pinaud

Determinants of foreign direct investment in Thailand / Kevin Daly, Chanikarn Teresa Tosompark

A comparison of financial robustness in the United States and Turkey during 2007-2010 / Paul Bennett, Oral Erdogan.

Notes:

Description based upon print version of record.

Includes bibliographical references.

Print version record

ISBN:

9786613100726

9781283100724

128310072X

9780857247544

0857247549

OCLC:

717334949