The Actual and Potential Impact of the Global Financial Crisis: A Case Study of Egypt

2009 ◽  
Author(s):  
Assem Reda Abu Hatab
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Potential Impact ◽  
The Global Financial Crisis

scholarly journals Global Financial Crisis of Islamic and Conventional Banking in Middle East – A Case Study in Turkey

2017 ◽  
Vol 9 (8) ◽  
pp. 239
Author(s):  
Ayman Abdal-Majeed Ahmad Al-Smadi ◽  
Mahmoud Khalid Almsafir ◽  
Muzamri Bin Mukthar
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Banking System ◽  
Financial System ◽  
Secondary Data ◽  
Islamic Banking ◽  
The Social ◽  
The Global Financial Crisis ◽  
The Impact

The financial tools all over the world become extremely decisive in these days. The main goal of this paper is to measure then to discuss the impact of performance of conventional and Islamic banking in Turkey during the financial crisis. some variables such as profitability, liquidity, operational efficiency and business growth are used as a measuring factor to determine the performance for both financial models. The period of study is taken during the financial crisis in 1997 and during the global financial crisis in 2007. The comparison in this study is made between the performances of Islamic banking  and conventional banking in Turkey.Some secondary data had examines in this study which was drown from the annual report from one of Turkey bank since 2002 until 2013. SPSS (Statistical Package for the Social Sciences) “18.0” has been used to compare between Islamic finance model and other model. The findings of this paper shows that Islamic financial system is performing superior than conventional financial system for the period of this study. Hence, it can be concluded that the system of Islamic banking is able to sustain and compete with the conventional banking system especially during any financial crisis.

scholarly journals How to Keep a Promise: Laymen Answers to the Financial Crisis

2017 ◽  
Vol 26 (1) ◽  
pp. 49 ◽  
Author(s):  
Kinga Pétervári
Keyword(s):  
Financial Crisis ◽  
Preventive Measures ◽  
Global Financial Crisis ◽  
Per Se ◽  
Contractual Obligations ◽  
The Global Financial Crisis

This article is a case study, providing a possible interpretation of the current Hungarian financial-legal culture.How to apply those terms and conditions in long-term loan agreements in financial crisis, which are favourable or seemingly irrelevant in good times but turn out to be disadvantageous, sometimes even disastrous in bad times. How to calculate and allocate risks, what is acceptable and what is foreseeable to laymen? The focus here is on the laymen attitudes towards long-term contractual obligations and performances in the global financial crisis: whether debtors’ contractual obligations must be fulfilled, what should be construed as an excuse for non-performance, whether there should be measures designed to protect the debtors more, if yes, at whose expense – the creditors (rather preventive measures) or the taxpayers (rather restitutive measures) –, if no, how to allocate ideally the risks and liabilities, is profit-making an evil per se, that needs to be managed?

scholarly journals Monetary policy responses to the global financial crisis: A case study of Egypt

2011 ◽  
Vol 7 (3) ◽  
pp. 65-78
Author(s):  
Monal Abdel-Baki
Keyword(s):  
Monetary Policy ◽  
Financial Crisis ◽  
Interest Rates ◽  
Global Financial Crisis ◽  
Reserve Requirements ◽  
Long Run ◽  
Dynamic Stochastic ◽  
The Global Financial Crisis ◽  
The Arab Spring

Among the triggers of the Arab Spring are the declining living standards of the middle and lower income groups. Undoubtedly, the global financial crisis (GFC) is to be partially blamed for weakening the economies of these nations. But was monetary policy ineffective in combating inflation and reducing the meltdown? This paper employs a dynamic stochastic general equilibrium model to assess the effectiveness of the monetary policy in the wake of the GFC. Egypt is selected as a case study due to its overdependence on imported food, the prices of which are relentlessly soaring. The results of the study reveal that the ideal operating targets for the Central Bank of Egypt are the overnight rate and legal reserve requirements. Interest rates are more suitable for long-run impact on the ultimate goals of growth, price stability and job creation. The study culminates in designing a framework to enhance central bankers’ political independence and transparency, which is imperative for nations with high levels of corruption. The study is not only informative to the new Egyptian policymakers, but also to other developing and emerging economies that suffer from symptoms of chronic inflation and looming socio-political turmoil.

scholarly journals DECONSTRUCTING DE-GLOBALISATION AS A CHALLENGE USING SAP-LAP ANALYTICAL MODEL: A CASE STUDY OF INDIAN ECONOMY

2021 ◽  
Vol 4 (1) ◽  
pp. 16-25
Keyword(s):  
Financial Crisis ◽  
Analytical Model ◽  
Global Financial Crisis ◽  
Emerging Market ◽  
The United States ◽  
Capital Inflows ◽  
The Global Financial Crisis ◽  
Developed Nations ◽  
Learning Issues

In the years prior to 2008, that is before the global financial crisis, emerging market economies saw vigorous global demand, substantial improvements in terms of trade and abundant capital inflows. However, trade growth has been frail, after the financial crisis and whether this movement is permanent or temporary still needs an answer. It has been found that the world is moving, towards the de-globalisation era and the developed nations have marked its instigation. The United States and Britain have adopted the policy leading to the disassembling of the globalisation period and the trend has now been passed on towards India. In the current study, SAP-LAP analytical model has been used to understand the variables that have brought the shift in paradigm towards deglobalisation in India. The objective of the study is to apply SAP-LAP framework to analyse the determinants consisting of ‘situation’, ‘actors’ and ‘processes’ and ‘learning’, ‘action’, ‘performance’ leading to de-globalisation in the Indian context. This modelling technique will help in listing key learning issues and will suggest necessary actions to be taken to improve selected performance areas

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