Globalization, Gating, and Risk Finance

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Publisher : John Wiley & Sons
ISBN 13 : 1119252652
Total Pages : 476 pages
Book Rating : 4.1/5 (192 download)

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Book Synopsis Globalization, Gating, and Risk Finance by : Unurjargal Nyambuu

Download or read book Globalization, Gating, and Risk Finance written by Unurjargal Nyambuu and published by John Wiley & Sons. This book was released on 2018-01-16 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: An in-depth guide to global and risk finance based on financial models and data-based issues that confront global financial managers. Globalization, Gating, and Risk Finance offers perspectives on global risk finance in a world with economies in transition. Developed from lectures and research projects investigating the consequences of globalization and strategic approaches to fundamental economics and finance, it provides an approach based on financial models and data; it includes many case-study problems. The book departs from the traditional macroeconomic and financial approaches to global and strategic risk finance, where economic power and geopolitical issues are intermingled to create complex and forward-looking financial systems. Chapter coverage includes: Globalization: Economies in Collision; Data, Measurements, and Global Finance; Global Finance: Utility, Financial Consumption, and Asset Pricing; Macroeconomics, Foreign Exchange, and Global Finance; Foreign Exchange Models and Prices; Asia: Financial Environment and Risks; Financial Currency Pricing, Swaps, Derivatives, and Complete Markets; Credit Risk and International Debt; Globalization and Trade: A Changing World; and Compliance and Financial Regulation. Provides a framework for global financial and inclusive models, some of which are not commonly covered in other books. Considers risk management, utility, and utility-based multi-agent financial theories. Presents a theoretical framework to assist with a variety of problems ranging from derivatives and FX pricing to bond default to trade and strategic regulation. Provides detailed explanations and mathematical proofs to aid the readers’ understanding. Globalization, Gating, and Risk Finance is appropriate as a text for graduate students of global finance, general finance, financial engineering, and international economics, and for practitioners.

Monetary Policy and Risk Management in Financial Globalization

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Author :
Publisher : Nova Science Publishers
ISBN 13 : 9781634828956
Total Pages : 0 pages
Book Rating : 4.8/5 (289 download)

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Book Synopsis Monetary Policy and Risk Management in Financial Globalization by : Georgios I. Zekos

Download or read book Monetary Policy and Risk Management in Financial Globalization written by Georgios I. Zekos and published by Nova Science Publishers. This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Globalization is a complex, forceful, legal and social process that takes place within an integrated whole with no regard for geographical boundaries. Financial globalization is criticized for consequential increases in economic volatility and disruptions to monetary policy autonomy. Globalization increases the vulnerability of economies to shock while restraining the apparatus that central banks and policy authorities have for dealing with said shocks engendered at home and abroad. Globalization and corporate governance interact to deal with governance issues arising from the globalization of business. Corporate governance is, to a great extent, a set of means through which outside investors protect themselves against expropriation by insiders. Risk management is at the centre of all financial actions. Moreover, risk management is a two-step course: firstly, it is necessary to uncover what risks exist in an investment and then deal with those risks in a way best-suited to a corporation's investment objectives. Financial markets have been liberalized around the globe. Banks advance their capacity to administer credit risk function with greater leverage by lending more of their assets to risky borrowers. In a market-based financial system, banking and capital market advancements are undividable and funding circumstances are tied to fluctuations in the control of market-based financial intermediaries. Risk management has become a momentous element of company management after the modern financial crisis.

Globalization at Risk

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Publisher :
ISBN 13 : 9780300154092
Total Pages : 312 pages
Book Rating : 4.1/5 (54 download)

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Book Synopsis Globalization at Risk by : Gary Clyde Hufbauer

Download or read book Globalization at Risk written by Gary Clyde Hufbauer and published by . This book was released on 2010 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the effects of the financial crisis of 2008-2009 on the liberal economic policies behind globalization.

Financial Derivatives and the Globalization of Risk

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Author :
Publisher : Duke University Press
ISBN 13 : 0822334186
Total Pages : 225 pages
Book Rating : 4.8/5 (223 download)

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Book Synopsis Financial Derivatives and the Globalization of Risk by : Edward LiPuma

Download or read book Financial Derivatives and the Globalization of Risk written by Edward LiPuma and published by Duke University Press. This book was released on 2004-09-29 with total page 225 pages. Available in PDF, EPUB and Kindle. Book excerpt: DIVCultural studies exploration of the implications of the circulation of increasingly abstract forms of capital in the contemporary global economy./div

Globalization and Systemic Risk

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Author :
Publisher :
ISBN 13 : 9814470317
Total Pages : pages
Book Rating : 4.8/5 (144 download)

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Book Synopsis Globalization and Systemic Risk by :

Download or read book Globalization and Systemic Risk written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Financial Risks, Stability, and Globalization

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Publisher : International Monetary Fund
ISBN 13 : 9781589060128
Total Pages : 576 pages
Book Rating : 4.0/5 (61 download)

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Book Synopsis Financial Risks, Stability, and Globalization by : Mr.Omotunde E. G. Johnson

Download or read book Financial Risks, Stability, and Globalization written by Mr.Omotunde E. G. Johnson and published by International Monetary Fund. This book was released on 2002-04-29 with total page 576 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers financial sector stability issues in the following areas: risk management and governance in financial institutions; financial crises and contagion; domestic monetary and financial policies; and international cooperation. The papers were presented at the IMF’s eighth Central Banking Seminar by authors from academia, investment banks, government, and international institutions. The papers discuss such subjects as bank soundness, systemic bank restructuring, and the safety and efficiency of systemically important payment systems and their interaction with the macroeconomic environment.

How Does Financial Globalization Affect Risk Sharing? Patterns and Channels

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Author :
Publisher : International Monetary Fund
ISBN 13 :
Total Pages : 48 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis How Does Financial Globalization Affect Risk Sharing? Patterns and Channels by : M. Ayhan Kose

Download or read book How Does Financial Globalization Affect Risk Sharing? Patterns and Channels written by M. Ayhan Kose and published by International Monetary Fund. This book was released on 2007-10 with total page 48 pages. Available in PDF, EPUB and Kindle. Book excerpt: In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. This paper provides a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examines how international financial integration has affected the evolution of these patterns. Using a variety of empirical techniques, we conclude that there is at best a modest degree of international risk sharing, and certainly nowhere near the levels predicted by theory. In addition, only industrial countries have attained better risk sharing outcomes during the recent period of globalization. Developing countries have, by and large, been shut out of this benefit. The most interesting result is that even emerging market economies, which have experienced large increases in cross-border capital flows, have seen little change in their ability to share risk. We find that the composition of flows may help explain why emerging markets have not been able to realize this presumed benefit of financial globalization. In particular, our results suggest that portfolio debt, which has dominated the external liability stocks of most emerging markets until recently, is not conducive to risk sharing.

How Does Financial Globalization Affect Risk Sharing? Patterns and Channels

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Author :
Publisher :
ISBN 13 :
Total Pages : 43 pages
Book Rating : 4.:/5 (129 download)

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Book Synopsis How Does Financial Globalization Affect Risk Sharing? Patterns and Channels by : M. Ayhan Kose

Download or read book How Does Financial Globalization Affect Risk Sharing? Patterns and Channels written by M. Ayhan Kose and published by . This book was released on 2009 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: In theory, one of the main benefits of financial globalization is that it should allow for more efficient international risk sharing. This paper provides a comprehensive empirical evaluation of the patterns of risk sharing among different groups of countries and examines how international financial integration has affected the evolution of these patterns. Using a variety of empirical techniques, we conclude that there is at best a modest degree of international risk sharing, and certainly nowhere near the levels predicted by theory. In addition, only industrial countries have attained better risk sharing outcomes during the recent period of globalization. Developing countries have, by and large, been shut out of this benefit. The most interesting result is that even emerging market economies, which have experienced large increases in cross-border capital flows, have seen little change in their ability to share risk. We find that the composition of flows may help explain why emerging markets have not been able to realize this presumed benefit of financial globalization. In particular, our results suggest that portfolio debt, which has dominated the external liability stocks of most emerging markets until recently, is not conducive to risk sharing.

Managing Country Risk in an Age of Globalization

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Author :
Publisher : Palgrave Macmillan
ISBN 13 : 9783319897516
Total Pages : 0 pages
Book Rating : 4.8/5 (975 download)

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Book Synopsis Managing Country Risk in an Age of Globalization by : Michel Henry Bouchet

Download or read book Managing Country Risk in an Age of Globalization written by Michel Henry Bouchet and published by Palgrave Macmillan. This book was released on 2018-08-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides an up-to-date guide to managing Country Risk. It tackles its various and interlinked dimensions including sovereign risk, socio-political risk, and macroeconomic risk for foreign investors, creditors, and domestic residents. It shows how they are accentuated in the global economy together with new risks such as terrorism, systemic risk, environmental risk, and the rising trend of global volatility and contagion. The book also assesses the limited usefulness of traditional yardsticks of Country Risk, such as ratings and rankings, which at best reflect the market consensus without predictive value and at worst amplify risk aversion and generate crisis contamination. This book goes further than comparing a wide range of risk management methods in that it provides operational and forward-looking warning signs of Country Risk. The combination of the authors’ academic and market-based backgrounds makes the book a useful tool for scholars, analysts, and practitioners.

Globalization and Systemic Risk

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Author :
Publisher : World Scientific
ISBN 13 : 9812833374
Total Pages : 455 pages
Book Rating : 4.8/5 (128 download)

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Book Synopsis Globalization and Systemic Risk by : Douglas Darrell Evanoff

Download or read book Globalization and Systemic Risk written by Douglas Darrell Evanoff and published by World Scientific. This book was released on 2009 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: The impact of globalization of financial markets is a highly debated topic, particularly in recent months when the issue of globalization and contagion of financial distress has become a focus of intense policy debate. The papers in this volume provide an up-to-date overview of the key issues in this debate. While most of the contributions were prepared after the initial outbreak of the current global turmoil and financial crisis, they identify the relative strengths of the risk diversification and risk transmission processes and examine the empirical evidence to date. The book considers the relative roles of banks, nonbank financial institutions and capital markets in both risk diversification and risk transmission. It then evaluates the current status of crisis resolution in a global context, and speculates where to go from here in terms of understanding, resolution, prevention and public policy.

International Risk Sharing and Gains from Financial Globalization

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Publisher : GRIN Verlag
ISBN 13 : 3668516812
Total Pages : 42 pages
Book Rating : 4.6/5 (685 download)

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Book Synopsis International Risk Sharing and Gains from Financial Globalization by : Julian Fischer

Download or read book International Risk Sharing and Gains from Financial Globalization written by Julian Fischer and published by GRIN Verlag. This book was released on 2017-09-04 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2017 in the subject Economics - International Economic Relations, grade: 2,0, University of Göttingen (Professur für Empirische Außenwirtschaft), course: International Financial Markets, language: English, abstract: In this paper, potential of international risk sharing for emerging markets will be investigated, particularly in terms of financial integration and liberalization. The incentives of financial integration will be surveyed in terms of international risk sharing, indicate benefits for emerging market economies. In addition, it will be investigated if huge foreign capital inflows show positive effects of risk sharing for them. Several government leaders all over the world recognize the potential of financial globalization for their country. A strong incentive for deeper financial linking can be observed. Three of the development countries in Africa already grew up to the so called emerging markets: Egypt, Morocco and South Africa. To keep up with the fast growing population and facilitating the economic growth, they want to stimulate employments for agriculture and infrastructure by investment partnerships with the G20, whereas Donald Trump, the President of the USA, would like to cut funding World Bank programs like credit guarantees or small business access to finance for these countries. Indeed, these development countries, also including emerging markets, need to implement more structural changes like liberalizing financial markets and financial transparency for these intentions. Is international risk sharing able to smooth uncertainties in the emerging markets? Will they catch up the distance to industrial countries? In light of ongoing financial integration and economic development, the influence of international risk sharing in terms of financial globalization for emerging markets will be investigated. Just little evidence of risk sharing can be seen throughout the last decades, but still some persuasive inquiries are to be considered. Improvements in international risk sharing potentially lead to stabilizing effects, scarcer sudden stops and smaller risk premiums. Structural policy changes and better financial integration could surmount the threshold effect.

Sustainable Macroeconomics, Climate Risks and Energy Transitions

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Publisher : Springer Nature
ISBN 13 : 3031279824
Total Pages : 204 pages
Book Rating : 4.0/5 (312 download)

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Book Synopsis Sustainable Macroeconomics, Climate Risks and Energy Transitions by : Unurjargal Nyambuu

Download or read book Sustainable Macroeconomics, Climate Risks and Energy Transitions written by Unurjargal Nyambuu and published by Springer Nature. This book was released on 2023-05-30 with total page 204 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the industrialized world’s historical dependence on fossil fuel-based energy resources and the now-realized perils of moving beyond the earth’s carbon budget, this book explores the myriad challenges of climate change and in reaching a low-carbon economy. Reconciling the medium-term competing, yet frequently complementary, needs for transition policies, the book provides guidelines for complex and often conflicting climate policy tasks. The book presents empirical trends in the use of carbon-emitting resources and evaluates market-driven short-termism and its adverse impact on resource use and the environment; it emphasizes a medium-term macroeconomic perspective for the transition. The authors attempt a paradigm shift towards a framework of sustainable macroeconomics. They survey relevant historical models, conduct empirical and numerical analyses of the climate change-relevant dynamic models, provide empirical illustrations, and evaluate diverse policy options and implementations together with their historical evolution. New analytical issues are also considered, e.g., strategic behavior in the energy and resource sectors, energy competition and the dynamics of market shares in new energy technology, and supporting policies for dealing with the tipping points encountered in climate change. The authors suggest a multitude of market-based strategies and public fiscal, monetary, and financial policies, and longer-run planning for resource extraction -all suitable for driving sustainable growth and a transformation of the energy sector. The book also examines the multiple delaying forces slowing the transition to a low-carbon economy; these typically arise from short-termism, lock-ins, irreversibility, leakages, non-cooperative games, and other political strategies. Thus, they explain the snail’s pace evolution of current national and global climate policies. The book will appeal to scholars and students of economics and environmental science. It is also relevant for policymakers and practitioners in multilateral institutions, research institutions as well as governments and ministries of countries interested in alternative energy sources, climate economists, and those who study the implementation of sustainable and low carbon-based policies.

Global Finance at Risk

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Publisher :
ISBN 13 : 9781565845633
Total Pages : 258 pages
Book Rating : 4.8/5 (456 download)

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Book Synopsis Global Finance at Risk by : John Eatwell

Download or read book Global Finance at Risk written by John Eatwell and published by . This book was released on 2000-01 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: Argues that regulating international finance is crucial to the economic health of all nations.

Inequality and Finance in Macrodynamics

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Publisher : Springer
ISBN 13 : 3319546902
Total Pages : 270 pages
Book Rating : 4.3/5 (195 download)

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Book Synopsis Inequality and Finance in Macrodynamics by : Bettina Bökemeier

Download or read book Inequality and Finance in Macrodynamics written by Bettina Bökemeier and published by Springer. This book was released on 2017-04-26 with total page 270 pages. Available in PDF, EPUB and Kindle. Book excerpt: This contributed volume combines approaches of the current inequality debate with aspects of finance based on profound macroeconomic model analyses. Research on inequality has had a long tradition in economics. With the financial crisis from 2007, not only output decreased tremendously, but also inequality has risen since then. The book presents selected contributions of a workshop held at Bielefeld University in 2016 and features additional papers written by experts in the field. A mixture of established researchers and young scholars presents both theoretical and empirical frameworks to analyze the subject.

Global Governance of Financial Systems

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Publisher :
ISBN 13 : 9781602569300
Total Pages : 327 pages
Book Rating : 4.5/5 (693 download)

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Book Synopsis Global Governance of Financial Systems by :

Download or read book Global Governance of Financial Systems written by and published by . This book was released on 2004 with total page 327 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents the economic rationale for international financial regulation and the role international regulation can play in managing systemic risk while providing accountability to affected nations. This book suggests that a particular type of global governance structure is necessary for efficient regulation of the international financial systems.

Handbook of Global Financial Markets

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Author :
Publisher : World Scientific Publishing
ISBN 13 : 9789813236646
Total Pages : 0 pages
Book Rating : 4.2/5 (366 download)

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Book Synopsis Handbook of Global Financial Markets by : Sabri Boubaker

Download or read book Handbook of Global Financial Markets written by Sabri Boubaker and published by World Scientific Publishing. This book was released on 2019 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this handbook is to provide the readers with insights about current dynamics and future potential transformations of global financial markets. We intend to focus on four main areas: Dynamics of Financial Markets; Financial Uncertainty and Volatility; Market Linkages and Spillover Effects; and Extreme Events and Financial Transformations and address the following critical issues, but not limited to: market integration and its implications; crisis risk assessment and contagion effects; financial uncertainty and volatility; role of emerging financial markets in the global economy; role of complex dynamics of economic and financial systems; market linkages, asset valuation and risk management; exchange rate volatility and firm-level exposure; financial effects of economic, political and social risks; link between financial development and economic growth; country risks; and sovereign debt markets.

Risk in International Finance

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Author :
Publisher : Routledge
ISBN 13 : 1135973717
Total Pages : 264 pages
Book Rating : 4.1/5 (359 download)

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Book Synopsis Risk in International Finance by : Vikash Yadav

Download or read book Risk in International Finance written by Vikash Yadav and published by Routledge. This book was released on 2008-03-19 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the evolution and impact of the concept of risk on processes of transnational banking and financial market regulation, as well as the externalities generated by speculative financial activity in developing and emerging market economies. The author provides an alternative theory for the study of international financial market regu