Monetary transmission channels and an assessment within the framework of the 2008 global financial crisis

2012 ◽  
Vol 6 (29) ◽  
Author(s):  
İlhan Eroğlu
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Monetary Transmission ◽  
Transmission Channels

Specifics of monetary transmission channels' operation before and after the financial crisis

2017 ◽  
Vol 16 (7) ◽  
pp. 1317-1336
Author(s):  
O.N. Salmanov ◽  
◽  
V.M. Zaernyuk ◽  
O.A. Lopatina ◽  
◽  
...  
Keyword(s):  
Financial Crisis ◽  
Monetary Transmission ◽  
Transmission Channels ◽  
Before And After

Development of Small Businesses During Economic Crises

2021 ◽  
pp. 1-26
Author(s):  
tulus tambunan
Keyword(s):  
Financial Crisis ◽  
Small Businesses ◽  
Global Financial Crisis ◽  
Mitigation Measures ◽  
Economic Crises ◽  
Literature Study ◽  
Transmission Channels ◽  
Different Types ◽  
Data Collection Technique ◽  
The Impact

This is a descriptive study that aims to estimate the impact of three economic crises (i.e., the 1997/98 Asian financial crisis, the 2008/09 global financial crisis, and the COVID-19 pandemic crisis) on small businesses in Indonesia and to explore their crisis mitigation measures (CMMs). It adopted an exploratory methodology with comprehensively reviewing the available literature (e.g., policy documents, research papers, and reports) on the subject being studied. The data collection technique applied was literature study. It shows that different types of crises have different transmission channels through which such crises affected small businesses. CMMs adopted by affected small businesses also vary by different types of crises and hence different business risks. To the best of author's knowledge, this is the first study that examines transmission channels through which such crises affected small businesses in Indonesia.

scholarly journals MSMEs IN TIMES OF CRISIS. EVIDENCE FROM INDONESIA

2020 ◽  
Vol 5 (2) ◽  
pp. 91
Author(s):  
Tulus Tambunan
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Raw Materials ◽  
Small And Medium Enterprises ◽  
Asian Financial Crisis ◽  
The Past ◽  
Transmission Channels ◽  
Different Types ◽  
Medium Enterprises ◽  
The Impact

This descriptive study is about micro, small and medium enterprises (MSMEs) in Indonesia. It has two objectives: (i) to estimate the impact of the Covid 19 crisis on MSMEs and compares it with other previous problems. Second, to explore crisis mitigation (CM) measures adopted by affected MSMEs. It shows that different types of crises have different transmission channels through which such situations affected MSMEs. CM measures adopted by affected MSMEs also vary by different types of emergencies and hence various business risks. In the 1997/98 crisis, replacing imported raw materials with local raw materials was widely adopted. The 2008/09 problem was finding new customers or markets in unaffected countries or switching to the domestic market. While in the case of the Covid-19 crisis, switching temporarily to manufacturing medical devices such as masks and changing the marketing system from conventional to e-commerce are the most widely adopted strategies. There is already a lot of literature on economic crises such as the 1997/98 Asian financial crisis and the 2008 global economic crisis. The Covid 19 pandemic's reports and articles impact on the economy have emerged in the past two months. To the best of the author's knowledge, this is the first study on how such crises affected and through what transmission channels, MSMEs. Keywords: MSMEs, 1997/98 Asian Financial Crisis, 2008/09 Global Financial Crisis, COVID-19 Crisis, CM MeasuresJEL Classification: D2, F6, G01, I1

Trade Linkages and Crisis Spillovers

2014 ◽  
Vol 13 (1) ◽  
pp. 84-103 ◽  
Author(s):  
Kornkarun Cheewatrakoolpong ◽  
Somprawin Manprasert
Keyword(s):  
Financial Crisis ◽  
Global Financial Crisis ◽  
Empirical Studies ◽  
Developed Countries ◽  
Production Networks ◽  
Total Trade ◽  
Transmission Channels ◽  
International Production ◽  
Direct Trade ◽  
The U.S

Many empirical studies find little evidence to support trade linkages as a channel for crisis spillovers during the 2008–09 global financial crisis, although trade linkages were one of the most important crisis transmission channels during 1971–97. A reason that may explain why trade linkages play a less important role in recent years is the changing composition of trade. In particular, the increasing formation of international production networks implies that trade increasingly involves indirect trade linkages. As a result, direct trade statistics may fail to accurately to capture the total trade exposure. In our study, we estimate total trade linkages by including indirect trade linkages obtained from the construction of a trade matrix. When we account for indirect trade linkages, we find that export dependency on the U.S. market still helps to explain crisis severity for developed countries.

scholarly journals Coronavirus crisis and its effects on the economy

2020 ◽  
Vol 4 (2) ◽  
pp. 13-17 ◽  
Author(s):  
Oleg V. Buklemishev
Keyword(s):  
Financial Crisis ◽  
Cultural Change ◽  
Global Financial Crisis ◽  
Trade Flows ◽  
The State ◽  
Relative Prices ◽  
Transmission Channels ◽  
Role Of The State ◽  
The Global Financial Crisis

Unlike the global financial crisis of 2007-2009, the current economic turmoil turns to be more severe and lasting being aggravated by the epidemiological uncertainties. This fact is mainly due to the specifics of the crisis in terms of its main transmission channels (via demand, supply, finance and expectations) and its likely consequences, including technological shift, varying the direction and volume of trade flows, adjustments of structural proportions and relative prices and most of all – socio-cultural change bringing about the increased role of the state and de-globalization deepening. These post-crisis effects and the uncertain prospects of recovery are considered in the article.

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