The Crisis : : Basic Mechanisms and Appropriate Policies / / Olivier Blanchard

• Autore: Blanchard Olivier
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2009
• Edizione: 1st ed.
• Descrizione fisica: 1 online resource (24 p.)
• Disciplina: 338.12516
• Soggetto topico: Economic stabilization; Economic indicators; Accounting; Banking; Banks and Banking; Banks and banking; Banks; Business Fluctuations; Cycles; Depository Institutions; Economic & financial crises & disasters; Emerging and frontier financial markets; Finance; Finance, Public; Finance: General; Financial Crises; Financial crises; Financial institutions; Financial Markets and the Macroeconomy; Financial markets; Financial reporting, financial statements; Financial Risk Management; Financial services industry; Financial statements; General Financial Markets: General (includes Measurement and Data); Housing prices; Housing Supply and Markets; Housing; Industries: Financial Services; Micro Finance Institutions; Mortgages; Prices; Property & real estate; Public Administration; Public financial management (PFM); Public Sector Accounting and Audits; Real Estate
• Soggetto geografico: United States
• Note generali: Description based upon print version of record.
• Nota di bibliografia: Includes bibliographical references.
• Nota di contenuto: Contents; I. Introduction; Figures; 1. Initial Subprime Losses and Declines in World GDP and World Stock Market Capitalization; II. Initial Conditions; 2. A Visual Sense of the Complexity: From Mortgages to Securities; 3. Connectedness Across Countries: Advanced Economies Banks' Claims on the Rest of the World; III. Amplification Mechanisms; IV. Dynamics in Real Time; 4. Contagion Across Assets, Institutions, and Countries; 5. Counterparty Risk in the Advanced Economies; 6. Bank Lending Standards in the U.S. and the Euro Area; 7. Emerging Market Sovereign Spreads; 8a. Decrease in Stock Prices ; 8b. Decrease in Business and Consumer ConfidenceV. Policies for the Short Run; 9. Growth Forecasts for 2009.; 10. Counterparty Risk Since September 2008; 11. Emerging Market Sovereign Spreads Since September 2008; VI. Policies to Avoid a Repeat; VII. Conclusions; References
• Sommario/riassunto: The purpose of this lecture is to look beyond the complex events that characterize the global financial and economic crisis, identify the basic mechanisms, and infer the policies needed to resolve the current crisis, as well as the policies needed to reduce the probability of similar events in the future.
• Titolo autorizzato: The Crisis
• ISBN: 1-4623-4366-X; 9786612843013; 1-282-84301-X; 1-4518-7227-5; 1-4519-8525-8
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910825900403321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2009/080