scholarly journals ASEAN think tanks, policy change and economic cooperation: from the Asian financial crisis to the global financial crisis

2017 ◽  
Vol 37 (2) ◽  
pp. 260-275 ◽  
Author(s):  
Erin Zimmerman ◽  
Diane Stone
Keyword(s):  
Financial Crisis ◽  
Policy Change ◽  
Global Financial Crisis ◽  
Economic Cooperation ◽  
Asian Financial Crisis ◽  
Think Tanks ◽  
The Global Financial Crisis

PATTERNS OF EXCHANGE RATES AND CURRENT ACCOUNTS: THE EAST ASIAN WALTZ

2012 ◽  
Vol 57 (02) ◽  
pp. 1250009 ◽  
Author(s):  
ANDREW SHENG ◽  
KIAN TENG KWEK ◽  
CHO WAI CHO
Keyword(s):  
Financial Crisis ◽  
Exchange Rates ◽  
Global Financial Crisis ◽  
East Asian ◽  
Financial System ◽  
Asian Financial Crisis ◽  
Market System ◽  
Financial Crisis Of 2008 ◽  
The Global Financial Crisis

The Global Financial Crisis of 2008 and the Asian Financial Crisis of 1997–1998 have a common trait, that is any shock to the financial system or market system can cause the system or market to flip from one state to another state.

DEVELOPMENT'S CHARACTERISTIC OF COOPERATION BETWEEN RUSSIA AND CHINA AT THE BEGINING OF THE 21 CENTURY

2019 ◽  
pp. 39-42
Author(s):  
I.A. Ryasnov ◽  
Keyword(s):  
Financial Crisis ◽  
21St Century ◽  
Global Financial Crisis ◽  
Economic Cooperation ◽  
Negative Consequences ◽  
The Global Financial Crisis ◽  
Economic Ties

The article deals with Russian-Chinese relations in the aspect of trade and economic cooperation. The author emphasizes that the border territories have special opportunities for the development of cooperation, which can be realized only on the condition of friendly relations between the countries. The author points out that the development of economic ties between Russia and China at the beginning of the 21st century took place against the background of strengthening cultural and political contacts. The author analyzes the challenges that have arisen against the background of the global financial crisis and discusses the ways to overcome its negative consequences by strengthening certain sides of the interaction between our countries.

scholarly journals Lagged Learning and the Response to Equilibrium Shock: The Global Financial Crisis and IMF Surveillance

2011 ◽  
Vol 31 (2) ◽  
pp. 121-141 ◽  
Author(s):  
Manuela Moschella
Keyword(s):  
Financial Crisis ◽  
Policy Change ◽  
Global Financial Crisis ◽  
Emerging Market ◽  
Policy Instruments ◽  
Past Experience ◽  
Organizational Practices ◽  
Process Sequencing ◽  
Policy Choices ◽  
The Global Financial Crisis

AbstractThe paper investigates the changes to the Fund's bilateral surveillance policy in the wake of the global financial crisis of 2007–09 asking about the factors that caused the quick and deep shift to a systemic surveillance approach. In answering this question, the paper argues that the causes of the quick and deep transformation of IMF surveillance lie in the preceding two decades of incremental accumulation of knowledge and small transformations in policy instruments and organizational practices. In identifying the causes of present policy choices in the lessons drawn from past experience, the paper provides an example of lagged learning because the lessons drawn from the 1990s emerging market crises exerted their full impact only as a response to the global financial crisis. These findings therefore contribute to the literature that aims at showing the importance of temporality and process sequencing to explain policy change.

UK Monetary Policy Change During the Financial Crisis: Paradigms, Spillovers, and Goal Co-ordination

2011 ◽  
Vol 31 (2) ◽  
pp. 143-161 ◽  
Author(s):  
Adrian Kay
Keyword(s):  
Monetary Policy ◽  
Financial Crisis ◽  
Policy Change ◽  
Global Financial Crisis ◽  
Future Research ◽  
Critical Dimensions ◽  
Normal Period ◽  
Important Challenge ◽  
The Global Financial Crisis ◽  
The Uk

AbstractPolicy responses to the tumult of the global financial crisis of 2007–9 prompt a consideration of the critical dimensions in specifying policy change. UK monetary policy between 2007 and 2009 is characterised by a remarkable degree of innovation yet counts as a ‘normal’ period of policy making under the Hall (1993) framework of policy change, the enduring workhorse of the comparative public policy field. This exposes its lack of conceptual refinement in describing significant but within paradigm policy change. This paper traces this failing to the notion of a policy paradigm, both its scale and the ideational mechanisms which bind policy change. The paper develops the UK monetary policy case to consider the potential of the recently-minted concept of a thermostatic policy institution for the development of Hall's framework; but finds analytical limitations in coping with significant policy spillovers. Suggestions are made to meet this important challenge for future research in policy studies on the specification of policy change.

6. Origins of the global financial crisis

2016 ◽  
pp. 86-100
Author(s):  
John Goddard ◽  
John O. S. Wilson
Keyword(s):  
Financial Crisis ◽  
Federal Reserve ◽  
Global Financial Crisis ◽  
Central Banks ◽  
Asian Financial Crisis ◽  
Savings And Loans ◽  
Macroeconomic Imbalances ◽  
The Us ◽  
To Come ◽  
The Global Financial Crisis

The 2007–09 global financial crisis is widely considered to have been the most severe crisis since the 1930s Great Depression. During the two decades prior to the global financial crisis, localized banking or financial crises occurred in many different countries that contained warnings of the upheaval that was to come. ‘Origins of the global financial crisis’ describes some of these: the Japanese and Swedish banking crises beginning in 1990 and 1991 respectively, the US Savings and Loans crisis, and the Asian financial crisis. It then considers the causes of the 2007–09 crisis, including global macroeconomic imbalances and policy mistakes committed by the Federal Reserve and the central banks of other deficit countries.

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