Addressing The Financial Crisis The Eu S Incomplete Regulatory Response Egmont Papers 39

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Integrity in Organizations

Author : W. Amann,A. Stachowicz-Stanusch
Publisher : Springer
Page : 607 pages
File Size : 42,9 Mb
Release : 2012-12-02
Category : Business & Economics
ISBN : 9781137280350

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Integrity in Organizations by W. Amann,A. Stachowicz-Stanusch Pdf

Goes beyond the call for more humanistic management in the aftermath of a series of corporate scandals and the recent financial crisis, and offers advice on how we can build more humanistic organizations with the help of integrity. The authors shed light on leadership, governance and further implementation issues.

Europe in Identity Crisis

Author : Carlo Altomonte,Antonio Villafranca
Publisher : Ledizioni
Page : 83 pages
File Size : 46,5 Mb
Release : 2020-01-12
Category : Political Science
ISBN : 9788855261586

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Europe in Identity Crisis by Carlo Altomonte,Antonio Villafranca Pdf

Today’s European Union is in an identity crisis as it seems to be losing its points of reference. The principles that upheld its creation are being increasingly questioned around the world and within the EU itself. Its chances to survive hinge upon its ability to deliver at home and abroad,without abandoning its values and principles but rather adapting and re-launching them.This volume offers policy options on key questions for the future of the EU: How to scale-up its role abroad? How to benefit from new partners without severing ties with traditional allies such as the US? How to contain Eurosceptic forces by reducing inequalities? And how to reinforce the euro while aiming at more sustainable and balanced growth?

The EU Better Regulation Agenda

Author : Sacha Garben,Inge Govaere
Publisher : Bloomsbury Publishing
Page : 361 pages
File Size : 45,9 Mb
Release : 2018-05-17
Category : Law
ISBN : 9781509917358

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The EU Better Regulation Agenda by Sacha Garben,Inge Govaere Pdf

Better Regulation in the EU is a perennial and topical question which has important implications for the future direction of EU law. While actions directed at improving the quality and accessibility of EU regulation are not novel, in recent years the Better Regulation Agenda has significantly affected the structural organisation and day-to-day operation of the EU legislative process. Yet, many questions about the future of the Agenda remain, not least in light of Brexit. Exploring the Better Regulation Agenda (and its relation to the overall EU legal and political order) necessitates an integrated, interdisciplinary approach. This edited volume presents insights from economics, political science and legal scholarship. Furthermore, to allow full understanding, it examines institutional practice, where the Agenda is made and shaped on a daily basis. Hence, the book features contributions from the perspective of the work of the main EU institutions: the European Commission, the Parliament, the Council and the Court of Justice. This results in a seminal overview of the subject, of interest to scholars and practitioners alike.

Emerging Market Economies and Financial Globalization

Author : Leonardo E. Stanley
Publisher : Anthem Press
Page : 260 pages
File Size : 47,9 Mb
Release : 2018-03-15
Category : Business & Economics
ISBN : 9781783086757

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Emerging Market Economies and Financial Globalization by Leonardo E. Stanley Pdf

In the past, foreign shocks arrived to national economies mainly through trade channels, and transmissions of such shocks took time to come into effect. However, after capital globalization, shocks spread to markets almost immediately. Despite the increasing macroeconomic dangers that the situation generated at emerging markets in the South, nobody at the North was ready to acknowledge the pro-cyclicality of the financial system and the inner weakness of “decontrolled” financial innovations because they were enjoying from the “great moderation.” Monetary policy was primarily centered on price stability objectives, without considering the mounting credit and asset price booms being generated by market liquidity and the problems generated by this glut. Mainstream economists, in turn, were not majorly attracted in integrating financial factors in their models. External pressures on emerging market economies (EMEs) were not eliminated after 2008, but even increased as international capital flows augmented in relevance thereafter. Initially economic authorities accurately responded to the challenge, but unconventional monetary policies in the US began to create important spillovers in EMEs. Furthermore, in contrast to a previous surge in liquidity, funds were now transmitted to EMEs throughout the bond market. The perspective of an increase in US interest rates by the FED is generating a reversal of expectations and a sudden flight to quality. Emerging countries’ currencies began to experience higher volatility levels, and depreciation movements against a newly strong US dollar are also increasingly observed. Consequently, there are increasing doubts that the “unexpected” favorable outcome observed in most EMEs at the aftermath of the Global Financial Crisis (GFC) would remain.

Redesigning the World Trade Organization for the Twenty-first Century

Author : Debra P. Steger
Publisher : Wilfrid Laurier Univ. Press
Page : 498 pages
File Size : 49,5 Mb
Release : 2009-12-15
Category : Political Science
ISBN : 1554581745

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Redesigning the World Trade Organization for the Twenty-first Century by Debra P. Steger Pdf

Two high-level commissions—the Sutherland report in 2004, and the Warwick Commission report in 2007—addressed the future of the World Trade Organization and made proposals for incremental reform. This book goes further; it explains why institutional reform of the WTO is needed at this critical juncture in world history and provides innovative, practical proposals for modernizing the WTO to enable it to respond to the challenges of the twenty-first century. Contributors focus on five critical areas: transparency, decision- and rule-making procedures, internal management structures, participation by non-governmental organizations and civil society, and relationships with regional trade agreements. Co-published with the International Development Research Centre and the Centre for International Governance Innovation

The Ever-changing Union

Author : Christian Egenhofer,Sebastian Kurpas,Louise van Schaik
Publisher : CEPS
Page : 57 pages
File Size : 49,9 Mb
Release : 2009
Category : Electronic
ISBN : 9789290798514

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The Ever-changing Union by Christian Egenhofer,Sebastian Kurpas,Louise van Schaik Pdf

"The Ever-Changing Union" provides a concise overview of the EU's history, institutional structures and decision-making processes. As such, its aim is not to cover the breadth or complexity of information that can now be found in EU text books; this overview should provide the reader with all the information required to gain access to a complex institutional system that has been changing ever since its creation. In the first section the European integration process is described from its beginnings in the early 1950s to the current ratification problems of the Treaty of Lisbon. A second part presents the EU's main institutions with their distinct features and a third explains how these institutions interact within the European decision-making process as a whole. In addition, the Reader includes an overview of fundamental principles of the European integration process, a comparison between the EU and federalist systems, the basic features of the EU budget and the key innovations to be introduced by the Treaty of Lisbon. The book is written for those with an initial or occasional interest in European policies and politics. More particularly, the authors believe it to be useful for civil servants, diplomats, businesses, NGO representatives as well as students and scholars who encounter the European Union in their work.

The Political Economy of European Banking Union

Author : David Howarth,Lucia Quaglia
Publisher : Oxford University Press
Page : 256 pages
File Size : 41,7 Mb
Release : 2016-09-15
Category : Business & Economics
ISBN : 9780191043802

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The Political Economy of European Banking Union by David Howarth,Lucia Quaglia Pdf

The establishment of Banking Union represents a major development in European economic governance and European integration history more generally. Banking Union is also significant because not all European Union (EU) member states have joined, which has increased the trend towards differentiated integration in the EU, posing a major challenge to the EU as a whole and to the opt-out countries. This book is informed by two main empirical questions. Why was Banking Union - presented by proponents as a crucial move to 'complete' Economic and Monetary Union (EMU) - proposed only in 2012, over twenty years after the adoption of the Maastricht Treaty? Why has a certain design for Banking Union been agreed and some elements of this design prioritized over others? A two-step explanation is articulated in this study. First, it explains why euro area member state governments moved to consider Banking Union by building on the concept of the 'financial trilemma', and examining the implications of the single currency for euro area member state banking systems. Second, it explains the design of Banking Union by examining the preferences of member state governments on the core components of Banking Union and developing a comparative political economy analysis focused on the configuration of national banking systems and varying national concern for the moral hazard facing banks and sovereigns created by euro level support mechanisms.

Targeted Sanctions

Author : Thomas J. Biersteker,Sue E. Eckert,Marcos Tourinho
Publisher : Cambridge University Press
Page : 423 pages
File Size : 53,5 Mb
Release : 2016-03-17
Category : Political Science
ISBN : 9781107134218

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Targeted Sanctions by Thomas J. Biersteker,Sue E. Eckert,Marcos Tourinho Pdf

Systematically analyzes the impacts and the effectiveness of UN targeted sanctions over the past quarter century.

Algeria

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 55 pages
File Size : 55,7 Mb
Release : 2014-06-10
Category : Business & Economics
ISBN : 9781498328739

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Algeria by International Monetary Fund. Monetary and Capital Markets Department Pdf

This paper discusses key findings of the Financial System Stability Assessment on Algeria. The global crisis has had virtually no impact on Algeria’s financial system, which remains stable overall but thoroughly underdeveloped. Pervasive exchange controls, widespread public ownership, and an abundance of domestic funding have protected banks from external shocks. Financial sector reforms have been pushed to the backburner by the emergence of global financial and regional political turmoil, with privatization of banks halted and consumer lending suspended. The authorities have also made progress in a number of areas implementing the recommendations of the 2007 Financial Sector Assessment Program update.

Singapore

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 65 pages
File Size : 40,9 Mb
Release : 2019-07-15
Category : Business & Economics
ISBN : 9781498325806

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Singapore by International Monetary Fund. Monetary and Capital Markets Department Pdf

This Financial System Stability Assessment paper on Singapore highlights the attractiveness of Singapore as a financial center is underpinned by strong economic fundamentals, sound economic policies, and a sophisticated financial oversight framework. The financial system is exposed to global and regional macrofinancial shocks through significant trade and financial channels but appears resilient even under adverse scenarios. However, banks’ US dollar liquidity is vulnerable to stress conditions. Fintech developments so far have focused on partnerships with existing financial institutions and do not appear to contribute significantly to systemic risk. Singapore authorities should continue to enhance its strong oversight of the financial system. Strengthening the framework for resolution and safety nets, namely by devoting more resources to the Monetary Authority of Singapore (MAS)’ Resolution Unit; and enhancing the oversight of MAS Electronic Payments System by ensuring more staffing resources are two other important areas for action.

Introducing Intercultural Communication

Author : Shuang Liu,Zala Volcic,Cindy Gallois
Publisher : SAGE
Page : 330 pages
File Size : 40,5 Mb
Release : 2010-11-09
Category : Business & Economics
ISBN : 9781446259542

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Introducing Intercultural Communication by Shuang Liu,Zala Volcic,Cindy Gallois Pdf

Books on intercultural communication are rarely written with an intercultural readership in mind. In contrast, this multinational team of authors has put together an introduction to communicating across cultures that uses examples and case studies from around the world. The book further covers essential new topics, including international conflict, social networking, migration, and the effects technology and mass media play in the globalization of communication. Written to be accessible for international students too, this text situates communication theory in a truly global perspective. Each chapter brings to life the links between theory and practice and between the global and the local, introducing key theories and their practical applications. Along the way, you will be supported with first-rate learning resources, including: • theory corners with concise, boxed-out digests of key theoretical concepts • case illustrations putting the main points of each chapter into context • learning objectives, discussion questions, key terms and further reading framing each chapter and stimulating further discussion • a companion website containing resources for instructors, including multiple choice questions, presentation slides, exercises and activities, and teaching notes. This book will not merely guide you to success in your studies, but will teach you to become a more critical consumer of information and understand the influence of your own culture on how you view yourself and others.