Information Systems for Global Financial Markets: Emerging Developments and Effects PDF Download

Author: Yap, Alexander Y.
Publisher: IGI Global
ISBN: 1613501633
Category : Computers
Languages : en
Pages : 437

View

Book Description
"This book offers focused research on the systems and technologies that provide intelligence and expertise to traders and investors and facilitate the agile ordering processes, networking, and regulation of global financial electronic markets"--Provided by publisher.

Author: Jomo Kwame Sundaram
Publisher: Columbia University Press
ISBN: 0231157649
Category : Business & Economics
Languages : en
Pages : 390

View

Book Description
Jomo Kwame Sundaram is assistant secretary general for economic development at the United Nations and research coordinator for the G24 Intergovernmental Group on International Monetary Affairs and Development. In 2007 he was awarded the Wassily Leontief Prize for Advancing the Frontiers of Economic Thought. --Book Jacket.

Author: Ms.Ratna Sahay
Publisher: International Monetary Fund
ISBN: 1498312616
Category : Business & Economics
Languages : en
Pages : 41

View

Book Description
The global financial crisis experience shone a spotlight on the dangers of financial systems that have grown too big too fast. This note reexamines financial deepening, focusing on what emerging markets can learn from the advanced economy experience. It finds that gains for growth and stability from financial deepening remain large for most emerging markets, but there are limits on size and speed. When financial deepening outpaces the strength of the supervisory framework, it leads to excessive risk taking and instability. Encouragingly, the set of regulatory reforms that promote financial depth is essentially the same as those that contribute to greater stability. Better regulation—not necessarily more regulation—thus leads to greater possibilities both for development and stability.

Author: El Bachir Boukherouaa
Publisher: International Monetary Fund
ISBN: 1589063953
Category : Business & Economics
Languages : en
Pages : 35

View

Book Description
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.

Author: Todd A. Knoop
Publisher: Routledge
ISBN: 0415501210
Category : Business & Economics
Languages : en
Pages : 330

View

Book Description
This title focuses on the important characteristics of financial systems in emerging market economies and their differences from those in developed countries. The book surveys both theoretical and empirical research on finance in emerging economies, as well as reviewing numerous case studies.

Author: Federal Reserve Bank of Kansas City
Publisher:
ISBN: 9780894991073
Category : Business & Economics
Languages : en
Pages : 408

View

Book Description
World financial markets have grown tremendously in recent years. New financial instruments have emerged, and capital flows within markets and across countries have risen dramatically. While these developments have made financial markets more efficient, they have also increased the risk that events at one institution or in one market will have immediate and wide-ranging effects on the entire global financial system. Indeed, the recent crises in Southeast Asia are an example of how quickly crises can spread from one country to another.To explore options for public authorities in adapting policies to keep the financial system safe and efficient, and to discuss response mechanisms to financial crises, the Federal Reserve Bank of Kansas City sponsored a symposium titled "Maintaining Financial Stability in a Global Economy." The symposium, held at Jackson Hole, Wyoming on August 28-30, 1997, brought together a distinguished group of central bankers, academics, and financial market representatives from around the world.

Author: International Monetary Fund, Monetary and Capital Markets Department Staff
Publisher: International Monetary Fund
ISBN: 1452712662
Category : Business & Economics
Languages : en
Pages : 215

View

Book Description
Annotation The Global Financial Stability Report, published twice a year, provides comprehensive coverage of mature and emerging financial markets, and seeks to identify potential fault lines in the global financial system that could lead to crisis. It is designed to deepen understanding of global capital flows, which play a critical role as an engine of world economic growth. The report replaces the annual International Capital Markets, published since 1980, and the electronic quarterly, Emerging Markets Financing, published since 2000. ISSN 0258-7440.

Author:
Publisher: International Monetary Fund
ISBN: 1452782288
Category : Business & Economics
Languages : en
Pages : 242

View

Book Description
Annotation The Global Financial Stability Report, published twice a year, provides comprehensive coverage of mature and emerging financial markets, and seeks to identify potential fault lines in the global financial system that could lead to crisis. It is designed to deepen understanding of global capital flows, which play a critical role as an engine of world economic growth. The report replaces the annual International Capital Markets, published since 1980, and the electronic quarterly, Emerging Markets Financing, published since 2000. ISSN 0258-7440.

Author: International Monetary Fund. Monetary and Capital Markets Department
Publisher: International Monetary Fund
ISBN: 1498324029
Category : Business & Economics
Languages : en
Pages : 109

View

Book Description
The October 2019 Global Financial Stability Report (GFSR) identifies the current key vulnerabilities in the global financial system as the rise in corporate debt burdens, increasing holdings of riskier and more illiquid assets by institutional investors, and growing reliance on external borrowing by emerging and frontier market economies. The report proposes that policymakers mitigate these risks through stricter supervisory and macroprudential oversight of firms, strengthened oversight and disclosure for institutional investors, and the implementation of prudent sovereign debt management practices and frameworks for emerging and frontier market economies.

Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1513569678
Category : Business & Economics
Languages : en
Pages : 92

View

Book Description
Extraordinary policy measures have eased financial conditions and supported the economy, helping to contain financial stability risks. Chapter 1 warns that there is a pressing need to act to avoid a legacy of vulnerabilities while avoiding a broad tightening of financial conditions. Actions taken during the pandemic may have unintended consequences such as stretched valuations and rising financial vulnerabilities. The recovery is also expected to be asynchronous and divergent between advanced and emerging market economies. Given large external financing needs, several emerging markets face challenges, especially if a persistent rise in US rates brings about a repricing of risk and tighter financial conditions. The corporate sector in many countries is emerging from the pandemic overindebted, with notable differences depending on firm size and sector. Concerns about the credit quality of hard-hit borrowers and profitability are likely to weigh on the risk appetite of banks. Chapter 2 studies leverage in the nonfinancial private sector before and during the COVID-19 crisis, pointing out that policymakers face a trade-off between boosting growth in the short term by facilitating an easing of financial conditions and containing future downside risks. This trade-off may be amplified by the existing high and rapidly building leverage, increasing downside risks to future growth. The appropriate timing for deployment of macroprudential tools should be country-specific, depending on the pace of recovery, vulnerabilities, and policy tools available. Chapter 3 turns to the impact of the COVID-19 crisis on the commercial real estate sector. While there is little evidence of large price misalignments at the onset of the pandemic, signs of overvaluation have now emerged in some economies. Misalignments in commercial real estate prices, especially if they interact with other vulnerabilities, increase downside risks to future growth due to the possibility of sharp price corrections.