Multi-Level Complexity: The 21st Century Financial System

2016 ◽  
pp. 65-91
Author(s):  
Eva Becker
Keyword(s):  
21St Century ◽  
Financial System ◽  
Multi Level

scholarly journals Research on the Development of City Financial Systems under the Rural Revitalization Strategy

2021 ◽  
Vol 5 (5) ◽  
pp. 14-19
Author(s):  
Jilu Liu ◽  
Qiaoyu Zhang ◽  
Xiaoming Zeng
Keyword(s):  
Economic Development ◽  
Product Innovation ◽  
Financial System ◽  
Agricultural Product ◽  
Credit System ◽  
Financial Systems ◽  
Rural Economic Development ◽  
Rural Revitalization ◽  
Multi Level ◽  
The City

The implementation of the rural revitalization strategy can provide a better solution for problems such as the “three rural” development limitations and the imbalance of urban and rural economic development as it is the key to comprehensive building of a well-off society. Based on Linhai City’s finance status, this article analyzes the financial needs of the city for a better economic development under the rural revitalization strategy which prioritizes the policy of building a city financial system. The city’s financial system should be organized in a multi-level stucture for better economic development. This will improve the credit system of villages and towns, strengthen agricultural product innovation financially, and improve the finances of rural residents.

The New Actors of Macroprudential Supervision in Germany and Europe – A Critical Evaluation

2015 ◽  
Vol 27 (6) ◽  
Author(s):  
Elke Gurlit ◽  
Isabel Schnabel
Keyword(s):  
European Union ◽  
Critical Evaluation ◽  
Financial System ◽  
Institutional Setting ◽  
The European Union ◽  
Economic Perspective ◽  
Systemic Risks ◽  
Multi Level ◽  
Crd Iv

AbstractWith the CRR/CRD IV package being in effect, the banking supervisors of the European Union possess an impressive set of macroprudential instruments to fight systemic risks in the financial system. However, in order to be effective and efficient, the instruments need an appropriate organizational and institutional setting. The text analyzes the complex multi-level network of actors of macroprudential supervision from a legal and economic perspective.

scholarly journals Unbalanced Development – Regional Disparity Analysis in Serbia

2021 ◽  
Vol 59 (1) ◽  
pp. 45-60
Author(s):  
Emilija Manić ◽  
Đorđe Mitrović
Keyword(s):  
Regional Development ◽  
21St Century ◽  
Malmquist Productivity Index ◽  
Productivity Index ◽  
Socioeconomic Indicators ◽  
Dynamic Component ◽  
Multi Level ◽  
Almost All ◽  
Regional Imbalance ◽  
Usage Efficiency

Abstract The unbalanced regional development is one of the biggest socioeconomic challenges in Serbia. It is a multidimensional and multi-level regional imbalance that, according to almost all socioeconomic indicators, shows a growing trend in the first decades of the 21st century. This paper presents an analysis of the selected demographic, social, and economic indicators by using DEA methodology. The dynamic component of the studied imbalance was taken into account by calculating the Malmquist Productivity Index. The calculated index undoubtedly shows that there are differences between regions (not only between the northern and southern regions, but also within the regions themselves). The results also point out that the changes of the input usage efficiency have strongly influenced the ranks of the districts within the national territories.

The Restructuring of the Financial System in the 21st century

2019 ◽  
pp. 30-51
Author(s):  
Elisabeth T. Pereira
Keyword(s):  
Financial Markets ◽  
21St Century ◽  
Global Economy ◽  
Financial System ◽  
Developed Economies ◽  
Financial Innovations ◽  
Structure Changes ◽  
Current Century ◽  
Technology Market ◽  
Main Determinants

The financial system on the first decades of the 21st century followed the trend of the last decades of the 20th century with corporate restructuring and international financial markets integration and delocalization being oriented by profits and mergers and acquisitions. The global economy and financial structure changes, in the current century, derived from financial innovations, market deregulation, globalization, technology, market structure changes, regulatory reforms, and (re)formulation of central banks' monetary policy. Currently, the financial system is interconnected, interactive, interdependent, and became over-leveraged. The present chapter focuses on the analysis of the evolution of the financial system and the main determinants of global financial markets restructuring on last decades to explain the relevant changes verified in the financial system in the 21st century. After a literature review, an evaluative and descriptive macro analysis of the financial system is presented to study the process of restructuring of the financial system in the main developed economies.

Sign in / Sign up

Export Citation Format

Share Document