[PDF] Top 20 ← Return to Article Details Emerging markets and the international financial architecture

... After the breakdown of the Smithsonian Agreement and the introduction of flexible exchange rates, the rise of private capital flows in international markets brought ... See full document

... 1994 and the Asian financial crisis was that a sound banking sector is the single most essential element of a healthy financial ...like the PRC where markets for corporate ... See full document

... high financial cost of carrying large international reserves led some econ- omists to criticize the Brazilian government in 2007-2008, on the grounds that such a policy distorted ... See full document

... since the Great Depression, which was a major source of social learning. In the 1930s Keynes and Kalecki developed new economic theories that better explained how to work economic systems, ... See full document

... Prates and Cintra (2009) argue that in previous crises, more precisely the ex- ternal crises of the 1990s (Mexico, 1994-1995, East Asia, 1997, Russia, 1998, and Brazil, 1998-1999), most ... See full document

... individually to those who got richer, has allowed for the strengthening of developing countries as a ...noteworthy the adoption of the G20 as the main forum for discus- sions related ... See full document

... that the best and perhaps the only route available to Brazilian po- licymakers acting on their own to restore growth and expand public goods and services in the ... See full document

... during the 2000s provides some validation of my hypothesis about the dialectical relationship between globalization and democ- ...embraced markets and globalization starting around ... See full document

... policy and exchange rate policy was done in Brazil, if not during the first mandate of president Cardoso at least in the second ...throughout the period. I shall refer to just two of ... See full document

... new international financial crisis revealed that in only a short period of time there was a public injection of financial resources in Europe and the ...trillion and different ... See full document

... Para aperfeiçoar e suprir as deficiências das agências de rating, destinado a faci- litar o acesso às informações, surgiu o índice de risco-país das economias emergentes (Emerging Market Bonds Index, EMBI+), ... See full document

... of the ef- ficiency of the financial system are related it is possible to have situations in which the financial system is efficient from micro point of view, but it is not ... See full document

... periods the firm’s cushion will not be sufficient to meet its payment com- ...Nonetheless, the cumulative cushion over the life of the loan should be sufficient to cover them; so ... See full document

... E não é só isso. Ao estancar no instante exato em que esboça o conflito, Nor- th deixa de considerar a maneira como agem os atores quando mergulhados em situações de crise. Nas crises a incerteza se eleva e pode ... See full document

... if the debt is external, and needs to be serviced in foreign exchange by a developing ...capacity, and carries in addition the danger of precipitating a financial crisis, if for ... See full document

... Mercosur: the dilemma between the customs union and a free trade ...2001, the government of Argentina — facing a major economic crisis — took a rather controversial decision and reduced ... See full document

... than the melody are the ...psychology and vulnerable technology – the panic that outruns the ticker, as it did again in the market break of ...But The Great Crash also ... See full document

... on the basis of the historical peculiarities of the ...factors, the features of the uS economy defined economic relations in the ...was the low uS import coefficient ... See full document

... The financial assets overvaluation might continue, or even develop, until an- other financial collapse stops that unsafe process once ...examine the implications if the financial ... See full document

... that the control variables have the expected impact on the probability of ...default. The regressions included the debt crisis variable as a variable lagged one year, in order to ... See full document