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Few sectors of the global economy have experienced the dynamic and structural change that has occurred over the past several decades in banking and financial services or as much …
The subprime crisis has shown that the sophisticated risk management models used by banks and insurance companies had serious flaws. Some people even suggest that these models are …
Prior to the financial crisis of 2007-2008, economists thought that no such crisis could or would ever happen again in the United States, that financial events of such magnitude …
In 1993 the World Bank created the revolutionary World Bank Inspection Panel and, with it, a precedent under international law that allowed people to seek recourse for harm …
All investments carry with them some degree of risk. In the financial world, individuals, professional money managers, financial institutions, and many others encounter and must …
Financial Institutions and Markets, 2/e emphasizes a functional focus on financial intermediaries and markets such as government securities, mortgage, corporate debt, equity …
Understanding the current state of affairs and tools available in the study of international finance is increasingly important as few areas in finance can be divorced completely …
Financial crises have been pervasive for many years. Their frequency in recent decades has been double that of the Bretton Woods Period (1945-1971) and the Gold Standard Era …
George J. Benston, professor of Finance, Accounting, and Economics at Emory University's Goizueta Business School, died unexpectedly in January 2008. He was an impassioned advocate …
Six years ago, the World Bank created the Inspection Panel, an independent mechanism to respond to claims by those whom the Bank intends to help the most, inhabitants of developing …