Tag Archives for bis
Slaughter – A New World Order
Anne Marie Slaughters Book on A New World Order deals with transgovernmental networks. She focuses on the classic governmental networks, but also on regulators, judges and parlamentarians establishing their own network. The description of Regulatory networks are particular interesting. According … Continue reading
G8 Action Plan on Local Currency Bond Markets – Overview
The Document contains an overview of the G8 Action Plan on the developments of local currency bond markets and the implementation report. The overview-report looks at the problems identified by the G8 Action Plans, Task delegated to various institutions and … Continue reading
Membership of Key Economies in International Organisations
This article discusses the membership of 43 key economies in the major international financial institutions. The aim is to assess whether the global financial architecture adequately incorporates the key economies. The article can also be found in this PDF-Document. The … Continue reading
Concepts and Measurement of Risk – Article by Borio, Furfine, Lowe
Claudio Borio, Craig Furfine and Philip Lowe discuss concepts of risks in their article “Pro-cyclicality of the financial system and financial stability: issues and policy options“: They distinguish several types of risk: expected and unexpected losses (in the statistical sense) … Continue reading
Summary of the recommendations of the Meltzer-Report
To assess the evolution of the Financial Architecture after the Asian Crisis, the Meltzer Report provides a good gauge for the critique of the USA and other G7 countries towards the International Financial Institution. The report is named after Allan … Continue reading
Deutsche Bank – Banking and Stock Glossary
Deutsche Bank has a glossary for market and stock terms. They list the following international financial institutions: AIBD – Association of International Bond Dealers, now ICMA. BIS – Bank for International Settlements EBR – European Bank for Reconstruction and Development … Continue reading
Intergovernmentalism in Financial Regulation
Puzzling Complexity The global financial architecture is very complex. Despite increasing liberalization of financial markets, increased system risk and integration of the economies through the financial markets in the last 30 years, there is no single World Financial Authority regulating … Continue reading
Project: Mapping the Financial Governance
When academics, analysts and scholars analyze the causes and remedies for the current credit crisis, most of them analyze macro-economic trends such as exchange rate movements, or micro-economic changes such as Basel II. How the global financial architecture evolved and … Continue reading
Bill Cara: Finance Ministers vs. Central Bank Governors
In commenting the G7/FSF-report, Bill Cara makes an exemplified critique in the tradition of the American Populist movement: The G-7 meetings are ‘potentially’ the most important in the world. This is the gathering of Finance/Treasury Ministers and Central Bankers of … Continue reading