Twin Crises: A Comparative Analysis of the Global Financial Crisis of 2007-09 and the Asian Financial Crisis of 1997-99

2020 ◽  
Author(s):  
Christian Lewis
Keyword(s):  
Comparative Analysis ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Asian Financial Crisis ◽  
Twin Crises ◽  
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.

Between Realism and Revolt

2021 ◽  
Author(s):  
Jonathan Davies
Keyword(s):  
Comparative Analysis ◽  
Financial Crisis ◽  
Case Studies ◽  
Urban Governance ◽  
Global Financial Crisis ◽  
State Theory ◽  
Regime Theory ◽  
Urban Regime Theory ◽  
Urban Regime ◽  
The Global Financial Crisis

Between Realism and Revolt explores urban governance in the “age of austerity”, focusing on the period between the global financial crisis of 2008-9 and the beginning of the global Coronavirus pandemic at the end of 2019. It considers urban governance after the 2008 crisis, from the perspective of governability. How did cities navigate the crisis and the aftermath of austerity, with what political ordering and disordering dynamics at the forefront? To answer these questions it engages with two influential theoretical currents, Urban Regime Theory and Gramscian state theory, with a view to understanding how governance enabled austerity, deflected or intensified localised expressions of crisis, and generated more-or-less successful political alternatives. It develops a comparative analysis of case studies undertaken in the cities of Athens, Baltimore, Barcelona, Greater Dandenong (Melbourne), Leicester, Montreal and Nantes, and concludes by highlighting five characteristics that cut across the cities, unevenly and in different configurations: economic rationalism, weak hegemony, retreat to dominance, weak counter-hegemony and radically contagious politicisations.

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.

scholarly journals Capital account regulation as part of the macroeconomic regime: comparing Brazil in the 1990s and 2000s

2018 ◽  
Vol 15 (3) ◽  
pp. 313-334 ◽  
Author(s):  
Barbara Fritz ◽  
Daniela Magalhães Prates
Keyword(s):  
Comparative Analysis ◽  
Financial Crisis ◽  
Financial Market ◽  
Capital Flows ◽  
Global Financial Crisis ◽  
Capital Account ◽  
International Capital ◽  
Inflation Stabilization ◽  
Account Regulation ◽  
The Global Financial Crisis

Capital account regulation (CAR) has experienced profound reconsideration since the global financial crisis. This new debate focuses on the macroeconomic gains of regulating international capital flows in terms of reducing external and financial vulnerability, but it does not consider relevant aspects relating to the context in which these regulations are implemented. In this paper, we undertake a comparative analysis of similar types of CAR applied in Brazil during the 1990s and 2000s. Based on this analysis, we conclude that for the design of CAR, which is relevant for its effectiveness, institutional features of both the financial market and the macroeconomic regime, shaped by macroeconomic constraints, are relevant. For the case of Brazil, we conclude that, contrary to the 2000s, the strong preference given to inflation stabilization in the 1990s, together with high external vulnerability, strongly limited the CAR's design of this period.

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