Il ruolo della vigilanza nella prevenzione dei dissesti finanziari (The Role of Supervisory Authorities in Preventing Financial Crises)

2006 ◽  
Author(s):  
Antonio Luca Riso
Keyword(s):  
Financial Crises

After The Global Crisis, Is It Globalization or Globalonelization?

2015 ◽  
pp. 287-307
Author(s):  
Ayfer Gedikli ◽  
Seyfettin Erdoğan ◽  
Durmuş Çağrı Yıldırım
Keyword(s):  
Emerging Economies ◽  
Financial Crises ◽  
Local Governments ◽  
World Wide ◽  
Global Financial Crisis ◽  
Economic Consequences ◽  
Global Crisis ◽  
The World ◽  
The Global Financial Crisis

Since the rise of globalization which has abolished the role of nation-state gradually, the world has been increasingly dealing with world-wide pandemics and multi-regional financial crises. The nature of the Global Financial Crisis has made it clear that financially integrated and globalized markets which are poorly regulated with lax supervision, can pose significant risks, with disastrous economic consequences. Did global unfairness and loose monetary policy or lack of common fiscal policy deepen the crisis? Is globalization responsible from the loss of power of local governments on their economies? Finally, can “deglobalization” be an alternative solution for the emerging economies? The answers of these questions are even more crucial after the “FED tapering”. In this context, this chapter discusses the future of financial globalization with respect to its effects on the emerging economies during the global crisis.

The Role of Leadership and Technology in Successful and Sustainable Airline Management

2012 ◽  
Vol 3 (4) ◽  
pp. 16-30
Author(s):  
Oliver H. Burckhardt ◽  
Kathleen M. Hargiss ◽  
Caroline Howard
Keyword(s):  
Crisis Management ◽  
Financial Crises ◽  
Competitive Environment ◽  
Enabling Technologies ◽  
Leading Position ◽  
Global Nature ◽  
Leadership Approaches

A study about the role of leadership and technology in successful and sustainable airline management was conducted to further the knowledge concerning the effects these factors have on the sustainability of airline business. The goal of the study was to identify suitable leadership approaches, core and enabling technologies that are of importance for airline executives in the context of the global nature of the industry and its challenging, competitive environment. Conducting interviews with former executives from Continental Airlines and Lufthansa German Airlines and with C-level managers from airlines unaffiliated with these carriers provided insights concerning adequate methods to lead airlines that experience operational, organizational, or financial crises. One of the findings of the study, which was conducted by evaluating successful crisis management programs of Lufthansa and Continental Airlines, is the need to integrate both core and enabling technologies with a leadership approach that allows organizations to outperform their competitors and, more importantly, maintain their leading position.

The Middle Path of Moderation in Islam

2015 ◽  
Author(s):  
Mohammad Hashim Kamali ◽  
Tariq Ramadan
Keyword(s):  
Environmental Degradation ◽  
Financial Crises ◽  
Conceptual Analysis ◽  
Modern World ◽  
Continuity And Change ◽  
Personal Character ◽  
The World ◽  
Historical Profile ◽  
Moderating Role

This book is presented in two parts, consisting of a total of twenty-three chapters. Part One occupies seven chapters, which begin with a conceptual analysis of wasaṭiyyah, its meaning, definition, scope, and manifestations. This is followed by a review of the source evidence in the Qur’an and hadith, and then a round-up of modern opinion on wasaṭiyyah. The hallmarks of wasaṭiyyah and those of extremism, identification of wasaṭiyyah, its manifestations, and institutional developments on wasaṭiyyah are also discussed under Part One. Part Two looks into the various manifestations of wasaÏiyyah in the context, for instance, of religiosity, moderation and justice, environmental degradation, and financial crises the world has experienced in recent years. Other chapters that follow address subjects such as moderation in jihÉd, the moderating role of disagreement (ikhtilÉf), how wasaÏiyyah can be manifested with regard to women’s rights, the moderating influence of Sufism, wasaÏiyyah and globalization, and moderation in personal character and lifestyle. Two other chapters that appear toward the end bear the titles respectively of “Islam Between Antiquity and the Modern World” and “Reconciling the Concerns of Continuity and Change.” The former looks at Islam’s historical profile, how it played out its role of moderation in its relations with the outside world, whereas the latter looks into the ways Islam can moderate itself from within through the instrumentalities, for instance, of tajdid and islah (renewal and reform), respectively. In almost every chapter, the book explores Islamic principles and doctrines on a number of selected themes that seek to contextualize Islamic teachings with contemporary realities through the lenses of wasaṭiyyah. Part One thus focuses on a conceptual analysis of wasaṭiyyah and its understanding from a perusal of the Islamic text and doctrine, whereas Part Two presents a selected cluster of themes related to wasaṭiyyah and their application to contemporary issues.

scholarly journals The imaginary constitution of financial crises

2020 ◽  
Vol 68 (5) ◽  
pp. 932-947 ◽  
Author(s):  
Aris Komporozos-Athanasiou ◽  
Marianna Fotaki
Keyword(s):  
Financial Institutions ◽  
Financial Crises ◽  
Sociological Imagination ◽  
The Other ◽  
Other Hand ◽  
The Future ◽  
Cornelius Castoriadis ◽  
Social Visions ◽  
The One

This article proposes an alternative sociological framework for dealing with the imaginary constitution of financial crises. Theorisation of financial crises is often limited by dualistic juxtaposition of the rational and irrational, moral and immoral, calculative and intuitive, thus neglecting the imaginary structuring of such dyads in the construction of financial and fiscal realities. To address this lacuna, we introduce ideas from philosopher Cornelius Castoriadis, and develop a framework that unpicks the often-suppressed, mediating and generative role of imagination in finance. On the one hand, we show how dominant forms of imagination enable the financialisation of contemporary societies, serving to sustain existing debt practices and lender–debtor relationships. On the other hand, we propose a re-animated ‘sociological imagination’ that offers potential avenues for establishing alternative social visions of the future that will enable re-thinking of the nature of debt, money and financial institutions.

Minsky’s financial instability hypothesis, accounting information and the 2007–9 financial crisis in the UK and US

2011 ◽  
Vol 16 (4) ◽  
pp. 423-437 ◽  
Author(s):  
Paul Barnes
Keyword(s):  
Financial Crisis ◽  
Financial Crises ◽  
Accounting Information ◽  
Financial Instability ◽  
Change Perceptions ◽  
Boom And Bust ◽  
The Uk

This paper examines the financial crisis of 2007–9 in the UK and US in terms of the financial instability hypothesis (FIH), a theory of boom, bust and financial crises. It is shown that in a similar way to the crises of 1866 and 1987 (Barnes, 2007) the FIH provides an important depiction of the 2007–9 crisis and how it came about. However, it does not recognize: (1) the role of accounting information and how it may contribute to boom and bust and be used to change perceptions and mislead; and (2) the likelihood of fraud and financial swindles, all features of the 2007–9 crisis.

Globale Finanzmärkte, Währungskrisen und aufstrebende Volkswirtschaften

1999 ◽  
Vol 48 (2) ◽  
Author(s):  
Juergen B. Dönges
Keyword(s):  
Economic Policy ◽  
Financial Crises ◽  
Capital Controls ◽  
Banking Regulation ◽  
Exchange Rate Policy ◽  
Costs And Benefits ◽  
International Organisations ◽  
International Financial Crises ◽  
Rate Policy

AbstractRecent international financial crises in emerging markets have impressively made clear that there is still a lack of knowledge about the causes and consequences of financial turmoil. In particular, questions of why crises emerge, how they are transmitted, how they can be predicted and prevented and how they can be managed once they have occurred, are not adequately answered. Both research in economics and economic policy now focus on all aspects of international financial crises. This paper first provides an overview about the state of economic theory explaining financial and monetary crises. The theoretical survey is followed by a discussion of the appropriate economic policy reaction. This discussion includes the role of international organisations, exchange rate policy, costs and benefits of capital controls as well as the need for a prudential banking regulation.

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