A MINSKY-KINDLEBERGER PERSPECTIVE ON THE FINANCIAL CRISIS J. Barkley Rosser‚ Jr. (contact) Professor of Economics‚ James Madison University Tel: 540-568-3212‚ email: rosserjb@jmu.edu Marina V. Rosser‚ Professor of Economics James Madison University Tel: 540-568-3094‚ email: rossermv@jmu.edu Mauro Gallegati‚ Professor of Economics Università Politecnica delle Marche‚ Ancona‚ Italy Email: Mauro.gallegati@gmail.com January‚ 2012 Abstract: Hyman Minsky and Charles Kindleberger discussed
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Dueling with the monetary crisis‚ in October 1983‚ the Government announced the policy fixed-linkage system to stabilize the fluctuation of Hong Kong currency. The influence of the linkage system was very noticeable. After the enforcement of this system‚ Hong Kong exchange rate maintained very steady even experienced the stock disaster (1987)‚ the Gulf War (1990)‚ the exchange rate mechanism in Europe (1992)‚ the monetary crisis in Mexico (1994-1995)‚ the financial crisis in Asia (1997-1998) and
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designed to give a better understanding of the perceived barriers influencing Sudanese and Liberian refugees‟ ability to access employment and associated services in South Australia. This research takes a qualitative approach as a useful approach in understanding the problem of employment among Africans. The research has identified low socioeconomic status‚ educational standard‚ language issues‚ lack of recognition of qualifications and social capital as primary influencing factors effecting African
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Licensed to: iChapters User Research Method and Methodology in Finance and Accounting Second Edition Bob Ryan Robert W. Scapens Michael Theobold Australia . Canada . Mexico . Singapore . Spain . United Kingdom . United States Licensed to: iChapters User Research Method and Methodology in Finance and Accounting Copyright © Bob Ryan‚ Robert W. Scapens and Michael Theobold 2002 _______________________________________________________________________ The text of this publication‚ or
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The impact of the global financial crisis on the Philippine financial system – an assessment “The problem in politics is this: you don’t get any credit for disasters averted.” Henry M Paulson Jr‚ Former US Treasury Secretary I. Introduction The crisis that originated from the US subprime mortgage market escalated into a global phenomenon. Earlier debates on “decoupling”2 died down as the crisis’ contagion effects proved headstrong‚ cascading to the financial markets of advanced and
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Gillian Lazar LITERATURE AND LANGUAGE TEACHING A guide for teachers and trainers {v}Contents Thanks page viii Acknowledgements ix Introduction xii 1 Using literature in the language classroom: 1 The issues 1.1 What is literature? 1 1.2 What is distinctive about the language of literature? 5 1.3 The reader and the text 8 1.4 Literary competence and the language classroom 11 1.5 Why use literature in the language classroom
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August 07‚ 2007 Mr. Mokhdum Morshed Faculty‚ FIN 254 School of Business North South University Dear Sir‚ It is a pleasure for us to do this challenging and interesting ratio analysis under your guidance. This analysis describes the overall financial condition of Atlas Bangladesh Ltd. By doing this ratio analysis each one of us has stretched our-selves to the maximum to present you a very thoroughly and analyzed report on the company. We have learnt a lot of dimensions of analysis while doing
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The financial crisis of 2007-2009 is an economic fiasco of global magnitude. It affects everyone. To understand how it happened one needs to go back a few steps. Years ago‚ after the dot-com bust and 9/11‚ borrowing money was cheap. Federal Reserve Bank chairman Allen Greenspan lowered interest rates to 1% to keep the economy strong. Treasury Bills were considered the safest investment‚ but due to low return‚ investors stayed away. Banks however were able to borrow enormous amounts of money on credit
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Exploring Research Methodologies: Positivism and Interpretivism Before a researcher can initiate a research project‚ they face the confusion and the range of theoretical perspectives‚ methodologies‚ methods‚ and the philosophical basis that encompasses them all. This seemingly meticulous structure for the research process is in fact aimed toward providing the researcher with a scaffolding’‚ or a direction which they can go on to develop themselves to coincide with their particular research purposes
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supervisor‚ Mr. K. O Apreku for tirelessly working with me in carrying out this research. His inspiration‚ support‚ and guidance went a long way in making this project the great success that it is. My sincere appreciation also goes to Memory Changachirere for providing me with invaluable research assistance in terms of both ideas and resources. I also thank my sister‚ Mrs. R. Mhizha for helping me with research materials when I needed them most. Special gratitude goes to a special friend‚ Fadzai
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