PPT-The Financial Crisis Class 6- The Failure of Regulation?

November 6 2010 We talked about the economic side of things Macro The housing bubble the stock market crash and govt response Micro What derivatives are and the role they played in the crisis. Organised. by . Centre for Banking Studies, Central Bank of Sri Lanka . and . International Development Economics Associates (IDEAs) . 22 – 26 November 2011, Colombo. “. The Dodd-Frank Bill . and . Financial Regulation. Lesson. 9. LEARNING OBJECTIVES. After studying this . lesson, . you should be able to:. 9.1. 9.2. 9.3. Explain what financial crises are and what causes them. Understand the financial crisis that occurred during the Great Depression. Homework: P. 591 #1. Financial System 101. Channels . funds from borrowers to lenders. . Maturity transformation. . Pools . risk for those who are risk averse. . Allows for diversification.. Equity . by. Claudio Borio, Bent Vale and Goetz von Peter*. Norges Bank conference: . Government intervention and moral hazard in the financial sector. . 2 to 3 September 2010. * . Claudio Borio and Goetz von Peter are, respectively, Head of Research and Policy Analysis and Economist at the BIS. Bent Vale is Assistant Director at the Norges Bank. The views expressed are those of the authors and not necessarily those of the BIS or the Norges Bank. PANDEMONIUM IN THE MARKETS. DEVASTATION. SAN FRANCISCO EARTHQUAKE. Shortly after 5 a.m. on April 18, a 7.8-magnitude quake, unleashed offshore, shook the city for just less than a minute.. EVENTS IN 1906. a World of Financial . Engineering: Accounting and the Global Financial Crisis. Shyam. Sunder, Yale University . Journal of Accounting and Public Policy Conference on. Accounting and the World Economic Crisis. Joseph E. Stiglitz. March 2009. A Deep and Prolonged Downturn. The first truly global downturn of the modern era of globalization. Downturn in the U.S. will be the most severe since the Great Depression. . . National Treasury presentation to the Standing Committee on Finance. 17 . April 2018. Twin Peaks goes live . . . 2. Purpose of Regulations. In terms of section 304 of the FSRA, the Minister of Finance may make Regulations that provide for matters that are necessary in order to provide for the appropriate implementation of the FSRA that are not addressed in the Act, and for the establishment of the Prudential Authority and the Financial Sector Conduct Authority (“the financial sector regulators”) and other entities that must be established. . October 16, 2010. House prices rose rapidly from 2000 to 2006. Subprime mortgages expanded rapidly as well. Increase in house prices slowed down in 2007. Households with excessive debt began to face problems. Update. Eric Stojkovich. PQ . Synergy. TM. . . 2011. Without question, we live in a vastly different world than that of a year ago and the environment remains dynamic and challenging. Global energy markets drive local utility prices.. Shyam Sunder, Yale University. Which Accounting Regulation for Europe’s Economy and Society?. Workshop Organized by Research Lab on Financial Regulation (. Labex. . ReFi. ) under the Auspices of the European Parliament. The International Economic Crisis – Causes of the Crisis and Consequences in Terms of Competition Policy 9th of January2013 University of Macau/ Macau-China Jean Monnet a World of Financial . Engineering: Accounting and the Global Financial Crisis. Shyam. Sunder, Yale University . Journal of Accounting and Public Policy Conference on. Accounting and the World Economic Crisis. Leeds University Business School . Developing Countries in the Global Financial Crisis: A Minskyan Account. Motivation. Outline. Neoclassical Models of Financial (Foreign Exchange) Crisis . Post Keynesian Theories of Financial Crisis.