Post Tagged with: "financial crisis"

BSG Faculty, Governance, cooperation and law

The European Disunion: How the continent lost 
its way

The European Disunion: How the continent lost 
its way

The EU is under siege. The arrival of hundreds of thousands of refugees from Afghanistan, Iraq, and Syria has tested the single-border principle at the core of the union. The ongoing financial crisis in Greece has strained the single currency. The United Kingdom will soon hold a referendum on whether […]

by × 18 December 2015 ×

BSG Alumni, Economic growth and resilience

Why are financial systems prone to crisis?

Why are financial systems prone to crisis?

At the peak of the Netherlands’ “tulip mania” in 1637, one tulip bulb sold for 5,500 guilders per bulb—roughly the cost of luxurious house in Amsterdam, or $25,000 today. More than three and a half centuries later, economists continue to debate why tulip prices skyrocketed to stratospheric levels in the 1630s, much in the same way that the 2008 Global Financial Crisis remains a source of contention. Why have financial systems been so vulnerable to crises, and what role has regulation played?

by × 10 June 2014 ×

Economic growth and resilience, Guest contributor

The case for political reform in Europe

The case for political reform in Europe

The recent economic crisis has revealed, amongst other things, that certain political systems in southern Europe seriously struggle to deliver good governance. Political elites in Italy, Greece, Portugal and Spain have not only proven incapable of delivering prosperity to their people but have presided over (and in some cases profited […]

by × 12 September 2013 ×

BSG Faculty, Governance, cooperation and law

Global Cooperation Buckling Under Past Successes

Global Cooperation Buckling Under Past Successes

In finance and beyond, how is global cooperation failing from its own prior wins? The 2008-2009 financial crisis was arguably the greatest economic calamity since the Great Depression. Why, then, has regulatory reform in key countries and at the global level been so piecemeal? Measures that have been agreed on, […]

by × 11 September 2013 ×

BSG Faculty, Governance, cooperation and law

Gridlock: The Breakdown of Global Governance

Gridlock: The Breakdown of Global Governance

Many of the causes of contemporary gridlock stem in part from the previous successes of the multilateral order. The world has not been able to negotiate a new global trade deal for 19 years. After 21 years of climate talks, we have yet to find a way to meaningfully reduce […]

by × 28 May 2013 ×

BSG Students, Economic growth and resilience

Revitalising Banking Culture

Revitalising Banking Culture

Promotion of an ethical culture in banking, ethical-performance transparency for shareholder oversight, and changed hiring policies should be among the actions taken to prevent more failures. In my last blog, I highlighted some of the continuing issues with banking culture, today I suggest policies which would address the problems. Banking […]

by × 02 April 2013 ×

BSG Students, Economic growth and resilience

The Problem with Banking Culture

The Problem with Banking Culture

We all know that it’s an issue, but promises of new “codes of conduct” in investment banking and capital markets will not automatically lead to better behaviour.

by × 01 April 2013 ×