Ojo, Marianne.

Recovering from the global financial crisis achieving financial stability in times of uncertainty / Marianne Ojo. - first edition. - [New York, N.Y. (222 East 46th Street, New York, NY 10017) : Business Expert Press, (c)2013. - 1 electronic text (xxiii, 161 pages) : digital file. - Finance and financial management collection .

Part of: 2013 digital library.



1. Great expectations, predictable outcomes, and the G20's response to the recent global financial crisis: when matters relating to liquidity risks become equally as important as measures addressing procyclicality -- 2. Redefining a role for central banks: the increased importance of central banks' roles in the management of liquidity risks and macroprudential supervision in the aftermath of the financial crisis -- 3. Central banks and different policies implemented in response to the recent financial crisis -- 4. The role of monetary policy in matters relating to financial stability: monetary policy responses adopted during the most recent financial crisis -- 5. Fair value accounting and procyclicality: mitigating regulatory and accounting policy differences through regulatory structure reforms and enforced self-regulation -- 6. Capital, liquidity standards, and macroprudential policy tools in financial supervision: addressing sovereign debt problems -- 7. LIBOR, EURIBOR, and the regulation of capital markets: the impact of Euro currency markets on monetary setting policies -- 8. Financial stability, new macroprudential arrangements, and shadow banking: regulatory arbitrage and stringent Basel III regulations -- 9. "Volcker/Vickers hybrid?" the Liikanen report and justifications for ring fencing and separate legal entities -- 10. Conclusions and implications of regulatory reforms and policy measures -- Notes -- References -- Index.

Why are some global financial crises more difficult to recover from and overcome than others? What steps are necessary in ensuring that financial stability and recovery are facilitated? What kind of environment has the previous financial environment evolved to and what kind of financial products have contributed to greater vulnerability in the triggering of systemic risks? These are among some of the questions which this book attempts to address. In highlighting the role and importance of various actors in post-crises reforms as well as the huge impact of certain factors and products that are contributing in exacerbating the magnitude and speed of transmission of financial contagion, the book provides an insight into why global financial crises have become more complicated to address than was previously the case.




Mode of access: World Wide Web.
System requirements: Adobe Acrobat reader.

9781606497012


Global Financial Crisis, 2008-2009.
Economic stabilization.
Economic policy.

financial stability procyclicality supervisors systemic risks counterparty risks shadow banking Basel III capital liquidity standards over-the-counter derivatives central banks

HB3717 2008 / .R436 2013