Interconnectedness

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Addressing Interconnectedness

Author : Mr.Nicolas Arregui,Mr.Mohamed Norat,Antonio Pancorbo,Jodi G. Scarlata,Eija Holttinen,Fabiana Melo,Jay Surti,Christopher Wilson,Rodolfo Wehrhahn,Mamoru Yanase
Publisher : International Monetary Fund
Page : 58 pages
File Size : 55,9 Mb
Release : 2013-09-26
Category : Business & Economics
ISBN : 9781475531855

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Addressing Interconnectedness by Mr.Nicolas Arregui,Mr.Mohamed Norat,Antonio Pancorbo,Jodi G. Scarlata,Eija Holttinen,Fabiana Melo,Jay Surti,Christopher Wilson,Rodolfo Wehrhahn,Mamoru Yanase Pdf

This paper reviews tools used to identify and measure interconnectedness and raises the awareness of policymakers as to potential cross-sectional implications of prudential tools aimed at controlling interconnectedness. The paper examines two sets of tools—developed at the IMF and externally—to identify the implications of interconnectedness in systemic risk and how these tools have been applied in IMF surveillance. The paper then proposes a preliminary framework to analyze some key internationally-agreed-upon and national prudential tools and finds that while many prudential tools are effective in reducing interconnectedness, the interaction among these tools is far less clear cut.

Financial Interconnectedness and Financial Sector Reforms in the Caribbean

Author : Ms.Sumiko Ogawa,Mr.Joonkyu Park,Ms.Diva Singh,Ms.Nita Thacker
Publisher : International Monetary Fund
Page : 34 pages
File Size : 43,5 Mb
Release : 2013-07-31
Category : Business & Economics
ISBN : 9781484307830

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Financial Interconnectedness and Financial Sector Reforms in the Caribbean by Ms.Sumiko Ogawa,Mr.Joonkyu Park,Ms.Diva Singh,Ms.Nita Thacker Pdf

Financial sector linkages have increased continuously in the Caribbean with cross border capital flows and financial conglomerates dominating the financial system. While the greater interconnectedness can heighten systemic risks and likelihood of contagion, it can have positive impacts provided the regional authorities take steps to prevent the systemic risk. In this context, financial sector reform measures aimed at bolstering and harmonizing prudential regulations in line with international best practices, the strengthening and enhancement of financial sector supervision to include cross border linkages through consolidated supervision, increased cooperation across supervisors in the region, and the establishment of deposit insurance and crisis resolution frameworks will be critical to maintain financial sector stability and minimize the repercussions of any negative shocks.

Interconnectedness, Systemic Crises and Recessions

Author : Marco A Espinosa-Vega,Mr.Steven Russell
Publisher : International Monetary Fund
Page : 48 pages
File Size : 43,8 Mb
Release : 2015-02-27
Category : Business & Economics
ISBN : 9781498386029

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Interconnectedness, Systemic Crises and Recessions by Marco A Espinosa-Vega,Mr.Steven Russell Pdf

This relatively simple model attempts to capture and integrate four widely held views about financial crises. [1] Interconnectedness among financial institutions (banks) can play a major role in precipitating systemic financial crises. [2] Lack of information about the quality of bank portfolios also plays a role in precipitating systemic crises. [3] Financial crises, particularly systemic ones, are often followed by severe, lengthy recessions. [4] Loss of confidence in the financial system is partly responsible for the length and severity of these recessions. In the model, banks make decisions about initiating and liquidating risky loans. Interconnectedness among their asset portfolios can obscure information about these portfolios, causing them to make inefficient decisions about liquidation, and about retention of the managers who assess credit risk. These decisions can increase the depth of recessions, and they can produce systemic financial crises. They can also reduce the effectiveness of future bank risk assessment, increasing the probability of lengthy, severe recessions. The government, acting in the interest of current and future depositors, may wish to increase the transparency of bank portfolios by limiting interconnectedness. The optimal degree of regulation, which may depend on depositors’ degree of risk aversion, may not eliminate financial crises.

Interconnected

Author : Damchö Diana Finnegan
Publisher : Simon and Schuster
Page : 263 pages
File Size : 41,7 Mb
Release : 2017-02-28
Category : Psychology
ISBN : 9781614294122

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Interconnected by Damchö Diana Finnegan Pdf

Plucked from a humble nomad family to become the leader of one of Tibet’s oldest Buddhist lineages, the young Seventeenth Karmapa draws on timeless values to create an urgent ethic for today’s global community. We have always been, and will always be, interconnected—through family, community, and shared humanity. As our planet changes and our world grows smaller, it is vital we not only recognize our connections to one another and to the earth but also begin actively working together as interdependent individuals to create a truly global society. The Karmapa, Ogyen Trinley Dorje, is uniquely positioned to guide us in this process. Drawing on years of intensive Buddhist training and a passionate commitment to social issues, he teaches how we can move from a merely intellectual understanding to a fully lived experience of connection. By first seeing, then feeling, and finally living these connections, we can become more effective agents of social and ethical change. The Karmapa shows us how gaining emotional awareness of our connectedness can fundamentally reshape the human race. He then guides us to action, showing step by step how we can change the way we use the earth’s resources and can continue to better our society. In clear language, the Karmapa draws connections between such seemingly far-flung issues as consumer culture, loneliness, animal protection, and self-reliance. In the process, he helps us move beyond theory to practical and positive social and ethical change.

IMF Lending in an Interconnected World

Author : Jean-Guillaume Poulain,Julien Reynaud
Publisher : International Monetary Fund
Page : 30 pages
File Size : 49,7 Mb
Release : 2017-07-10
Category : Business & Economics
ISBN : 9781484305867

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IMF Lending in an Interconnected World by Jean-Guillaume Poulain,Julien Reynaud Pdf

We analyze the determinants of IMF lending since the early nineties, a period during which the roles of financial cycles and interconnectedness as amplifiers and transmitters of economic crises have gained prominence. First, we show that the global financial cycle is an important driver of IMF lending cycles. Second, using a panel of 91 advanced, emerging, and frontier economies over 1992-2014, we show that global factors and interconnectedness, as proxied by a countries’ potential exposure to economic spillovers from trade partners, together with more traditional idiosyncratic factors, have a significant impact on the probability that a member country obtains financial assistance from the IMF. Our results are robust to various robustness checks. The approach presented in this paper can be used to assess future demand for IMF financial assistance.

Exploring the Interconnected Complexities of COVID-19

Author : Keekok Lee
Publisher : Cambridge Scholars Publishing
Page : 127 pages
File Size : 49,5 Mb
Release : 2023-08-15
Category : Medical
ISBN : 9781527525337

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Exploring the Interconnected Complexities of COVID-19 by Keekok Lee Pdf

This book explores the nature of COVID-19 through posing four questions: What could be said to be the cause of COVID-19? Who is likely to be infected? Where is infection likely to take place? When is infection likely to occur? It will demonstrate that these four W questions are interconnected, that they are the very ones which pre-occupy biomedicine today, whether in the form of clinical medicine or epidemiology. Epidemiology is often portrayed as “sub-standard”, while clinical medicine is put on a pedestal, marked as “superior” and “methodologically impeccable/privileged”. This book challenges this standard assessment. It argues that the causal model underpinning epidemiology is more adequate to account for medical data and evidence, across the board. Epidemiological Thinking is Medical Thinking, which this book calls Ecosystem Thinking and, through it, explores the values underpinning Medical Thinking, including geopolitical values.

Interconnected Worlds: Tourism in Southeast Asia

Author : K.C. Ho
Publisher : Routledge
Page : 390 pages
File Size : 44,9 Mb
Release : 2001-07-05
Category : Business & Economics
ISBN : 9781136394782

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Interconnected Worlds: Tourism in Southeast Asia by K.C. Ho Pdf

Examines the political discourse behind tourism, presenting some questions regarding the tensions associated with the interconnections. This title focuses on deterritorialisation and the development of fresh regionalisms, paying specific attention to collaborative efforts in tourism development.

Interconnected Networks

Author : Antonios Garas
Publisher : Springer
Page : 229 pages
File Size : 52,5 Mb
Release : 2016-02-04
Category : Science
ISBN : 9783319239477

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Interconnected Networks by Antonios Garas Pdf

This volume provides an introduction to and overview of the emerging field of interconnected networks which include multilayer or multiplex networks, as well as networks of networks. Such networks present structural and dynamical features quite different from those observed in isolated networks. The presence of links between different networks or layers of a network typically alters the way such interconnected networks behave – understanding the role of interconnecting links is therefore a crucial step towards a more accurate description of real-world systems. While examples of such dissimilar properties are becoming more abundant – for example regarding diffusion, robustness and competition – the root of such differences remains to be elucidated. Each chapter in this topical collection is self-contained and can be read on its own, thus making it also suitable as reference for experienced researchers wishing to focus on a particular topic.

Memoirs of an Imaginary Friend

Author : Matthew Dicks
Publisher : St. Martin's Press
Page : 320 pages
File Size : 44,9 Mb
Release : 2012-08-21
Category : Fiction
ISBN : 9781250024008

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Memoirs of an Imaginary Friend by Matthew Dicks Pdf

Imaginary friend Budo narrates this heartwarming story of love, loyalty, and the power of the imagination—the perfect read for anyone who has ever had a friend . . . real or otherwise Budo is lucky as imaginary friends go. He's been alive for more than five years, which is positively ancient in the world of imaginary friends. But Budo feels his age, and thinks constantly of the day when eight-year-old Max Delaney will stop believing in him. When that happens, Budo will disappear. Max is different from other children. Some people say that he has Asperger's Syndrome, but most just say he's "on the spectrum." None of this matters to Budo, who loves Max and is charged with protecting him from the class bully, from awkward situations in the cafeteria, and even in the bathroom stalls. But he can't protect Max from Mrs. Patterson, the woman who works with Max in the Learning Center and who believes that she alone is qualified to care for this young boy. When Mrs. Patterson does the unthinkable and kidnaps Max, it is up to Budo and a team of imaginary friends to save him—and Budo must ultimately decide which is more important: Max's happiness or Budo's very existence. Narrated by Budo, a character with a unique ability to have a foot in many worlds—imaginary, real, child, and adult— Memoirs of an Imaginary Friend touches on the truths of life, love, and friendship as it races to a heartwarming . . . and heartbreaking conclusion.

Interconnected Economies Benefiting from Global Value Chains

Author : OECD
Publisher : OECD Publishing
Page : 274 pages
File Size : 51,9 Mb
Release : 2013-05-28
Category : Electronic
ISBN : 9789264189560

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Interconnected Economies Benefiting from Global Value Chains by OECD Pdf

This book examines how global value chains have evolved and the policy challenges they have created.

The Political Necessity of Transpersonal Work

Author : Marcella Rowek
Publisher : Springer
Page : 214 pages
File Size : 52,6 Mb
Release : 2018-05-14
Category : Psychology
ISBN : 9783658221133

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The Political Necessity of Transpersonal Work by Marcella Rowek Pdf

Marcella Rowek explores the paradigm of Deep Democracy and its potential to transform polarized conflicts in the context of the current refugee situation in Europe. Her approach to peace work and research is embedded in the Innsbruck School of Peace Studies’ philosophy of Transrational Peaces and Lederach’s Elicitive Conflict Transformation. At the heart of a deeply democratic attitude is the idea that all perspectives, experiences, feelings, body sensations and awareness levels of the conflicting parties have to be acknowledged and consciously worked with. Only then conflict transformation processes can unfold. This is linked to a systemic and transpersonal perspective, which assumes that not a single person, event or group triggers a conflict, but that it is systemically co-created.

Liquidity Needs in Economies with Interconnected Financial Obligations

Author : Julio Rotemberg
Publisher : Unknown
Page : 62 pages
File Size : 49,8 Mb
Release : 2008
Category : Corporate debt
ISBN : PSU:000063330892

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Liquidity Needs in Economies with Interconnected Financial Obligations by Julio Rotemberg Pdf

A model is developed where firms in a financial system have to settle their debts to each other by using a liquid asset. The question that is studied is how many firms must obtain how much of this asset from outside the financial system to make sure that all debts within the system are settled. The main result is that these liquidity needs are larger when these firms are more interconnected through their debts, i.e. when they borrow from and lend to more firms. Two pecuniary externalities are discussed. One involves the choice of paying one creditor first rather than another. The second involves the extent to which firms borrow and acquire claims on other firms with the proceeds. When a group of firms raises their involvement in this activity, firms outside the group may face more difficulties in settling their debts.

Interconnected

Author : Ogyen Trinley Dorje Karmapa
Publisher : Simon and Schuster
Page : 264 pages
File Size : 44,7 Mb
Release : 2017-02-28
Category : Psychology
ISBN : 9781614294207

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Interconnected by Ogyen Trinley Dorje Karmapa Pdf

Plucked from a humble nomad family to become the leader of one of Tibet’s oldest Buddhist lineages, the young Seventeenth Karmapa draws on timeless values to create an urgent ethic for today’s global community. We have always been, and will always be, interconnected—through family, community, and shared humanity. As our planet changes and our world grows smaller, it is vital we not only recognize our connections to one another and to the earth but also begin actively working together as interdependent individuals to create a truly global society. The Karmapa, Ogyen Trinley Dorje, is uniquely positioned to guide us in this process. Drawing on years of intensive Buddhist training and a passionate commitment to social issues, he teaches how we can move from a merely intellectual understanding to a fully lived experience of connection. By first seeing, then feeling, and finally living these connections, we can become more effective agents of social and ethical change. The Karmapa shows us how gaining emotional awareness of our connectedness can fundamentally reshape the human race. He then guides us to action, showing step by step how we can change the way we use the earth’s resources and can continue to better our society. In clear language, the Karmapa draws connections between such seemingly far-flung issues as consumer culture, loneliness, animal protection, and self-reliance. In the process, he helps us move beyond theory to practical and positive social and ethical change.

Responsibility in an Interconnected World

Author : Susan P. Murphy
Publisher : Springer
Page : 173 pages
File Size : 50,6 Mb
Release : 2016-07-27
Category : Philosophy
ISBN : 9783319314457

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Responsibility in an Interconnected World by Susan P. Murphy Pdf

This monograph opens with an examination of the aid industry and the claims of leading practitioners that the industry is experiencing a crisis of confidence due to an absence of clear moral guidelines. The book then undertakes a critical review of the leading philosophical accounts of the duty to aid, including the narrow, instructive accounts in the writings of John Rawls and Peter Singer, and broad, disruptive accounts in the writings of Onora O’Neill and Amartya Sen. Through an elaboration of the elements of interconnection, responsible action, inclusive engagement, and accumulative duties, the comparative approach developed in the book has the potential to overcome the philosophical tensions between the accounts and provide guidance to aid practitioners, donors and recipients in the complex contemporary circumstances of assistance. Informed by real world examples, this book grapples with complex and multi-dimensional questions concerning practices and the ethics of aid. The author judiciously guides us through the debate between deontological and consequentialist moral theories to arrive at a sophisticated consequentialist account that does justice to the complexity of the problems and facilitates our deliberation in discharging our duty to aid, without yielding, as it should not, a determinate answer for each specific situation. Researchers, students, and practitioners of international aid will all find this book rewarding. Win-chiat Lee, Professor and Chair, Department of Philosophy, Wake Forest University Susan Murphy’s book offers us a sophisticated exploration of the philosophical basis for aid. It is grounded in a full understanding of the complexities and pitfalls of the aid industry, but its particular strength lies, mainly through an extensive discussion of Singer, Rawls, O’Neill and Sen, in a comparison of consequentialist and duty-based approaches, eventually endorsing a broad non-idealised, situated consequentialist account in what she calls an interconnected ethical approach to the practice of assistance. For anyone wanting to think carefully about why we should give aid, this book has much to offer. Dr Nigel Dower Honorary Senior Lecturer, University of Aberdeen Author of World Ethics – the New Agenda (2007)

Security in an Interconnected World

Author : ERNST. DIJSTELBLOEM HIRSCH BALLIN (HUUB. DE GOEDE, PETER.)
Publisher : Springer Nature
Page : 188 pages
File Size : 55,7 Mb
Release : 2020-01-01
Category : Agriculture (General)
ISBN : 9783030376062

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Security in an Interconnected World by ERNST. DIJSTELBLOEM HIRSCH BALLIN (HUUB. DE GOEDE, PETER.) Pdf

This open access book follows the idea that security policy must be based on strategic analysis. Defence policy and the role of the armed forces can subsequently be determined on the grounds of said analysis. More than ever, internal and external security, and developments both in the Netherlands and abroad are interconnected. The world order is shifting, the cooperation within NATO and the EU is under pressure and the Dutch armed forces are gasping for breath. What is the task of Dutch security and the defence policy? There have been growing calls in the last few years to end the devastating cuts in the defence budget and to invest more in security. The acute threats and conflicts in which the Netherlands are involved have served as a wake-up call. The shooting down of Flight MH17 over Ukraine, the streams of refugees from Syria and other countries, the conflict with Da'esh in Syria and Iraq, and terrorist threats reveal how events in many of the world's flash-points have a direct or indirect impact on the Netherlands. Conflicts in other countries have a spill-over effect in The Netherlands. This is illustrated by tensions between population groups and the clashes over the Gülen schools after the failed putsch in Turkey on 15 July 2016 and over the constitutional referendum in that country. How do we ensure that any additional funds are not divided amongst the branches of the armed forces without any sense of strategic direction? What should a future-proof security policy that plots the course of defence policy entail? What strategic analyses should lie behind the political choices that are made? This book answers these questions and offers a comprehensive framework addressing among other things human security, national security and flow security.