The high-beta rich

how the manic wealthy willtake us to the next boom, bubble, and bust

The rich are not only getting richer, they are becoming more dangerous. Starting in the early 1980s the top one percent (1%) broke away from the rest of us to become the most unstable force in the economy. An elite that had once been the ...

Zombie banks

how broken banks and debtor nations are crippling the global economy

An in-depth look at the essential issues surrounding zombie institutions and their effect on the global economy Zombie banking has become standard operating procedure for big debtor nations. They prop up failing institutions, print money, and avoid financial corrections. But in an attempt to prolong ...

Banca comercial con talento

claves de de un modelo comercial de éxito en banca minorista

Teniendo en cuenta la especificidad del negocio bancario y la actual situación de mercados maduros con saturación de productos y de canales de distribución, la eficiente gestión de la red comercial es sin duda uno de los vectores estratégicos básicos que distinguirá a las entidades ...

¡Frenad el desastre del Euro!

Llegados al punto más grave de la crisis que asola Europa, cabe hacerse la gran pregunta: ¿Qué sentido tiene seguir adelante con el euro? O más importante aún; visto adonde nos ha llevado la moneda única, ¿qué interés existe en mantenerla? ¿Quiénes son los grandes ...

Los errores de las cajas

adiós al modelo de las cajas de ahorros

En este país, más de la mitad de los depósitos y las hipotecas dependen no de los bancos, sino de las cajas de ahorro, y por lo tanto estas entidades están el núcleo de nuestro sistema financiero. Por eso resulta sorprendente que se haya hablado ...

Fighting financial fires

an IMF insider account

The 2007 financial crisis almost brought down the global financial system and threatened to lead the world economy into a severe depression. The impact of the crisis was only curtailed by extraordinary measures taken by governments, central banks and an institution once considered by many ...

Interest rates, prices and liquidity

lessons from the financial crisis

Many of the assumptions that underpin mainstream macroeconomic models have been challenged as a result of the traumatic events of the recent financial crisis. Thus, until recently, it was widely agreed that although the stock of money had a role to play, in practice it ...

Money and power

how Goldman Sachs came to rule the world

For much of its storied 142-year history, Goldman Sachs has projected an image of being better than its competitors--smarter, more collegial, more ethical, and far more profitable. The firm--buttressed by the most aggressive and sophisticated p.r. machine in the financial industry--often boasts of "The ...

El ahorro que no llega

(Revista Cuadernos de Información Económica, Nº224, año 2011)

Quiénes son los merados y cómo nos gobiernan

once respuestas para entender la crisis

Nunca antes, los medios de comunica­ción y los políticos profesionales nos han ha­blado tanto de economía, pero por más que leemos y escuchamos no nos dan las claves para contestar a las preguntas fundamentales, o tan siquiera informaciones que nos llevarí­an a ...

A guide to The World Bank

The World Bank Group is one of the world's largest sources of funding and knowledge for developing countries. Its mission is to overcome poverty by supporting an inclusive and sustainable development, enhancing growth with care for the environment, and creating individual opportunity and hope ...

The Euro Area and the financial crisis

The financial crisis of 2007-2010 has presented a number of key policy challenges for those concerned with the long-term stability of the euro area. It has shown that price stability as provided by the European Central Bank is not enough to guarantee financial stability, and ...

Financial exchanges

a comparative approach

The recent global economic crisis has drawn a spotlight on the world of finance. Financial exchanges are changing, and this insightful, new book examines the manner and reasons for these changes. Financial Exchanges: A Comparative Approach offers an in-depth analysis of this sector. Surveying thirty ...

13 Bankers

the Wall Street takeover and the next financial meltdown

Though this blistering book identifies many causes of the recent financial crisis, from housing policy to minimum capital requirements for banks, the authors lay ultimate blame on a dominant deregulatory ideology and Wall Street's corresponding political influence. Johnson, professor at the MIT Sloan School ...

Basilea III y los nuevos retos de la regulación de solvencia

(Revista Perspectivas del Sistema Financiero, Nº102, año 2011)

Basilea III y los nuevos retos de la regulación de solvencia

(Revista Perspectivas del Sistema Financiero, Nº102, año 2011)

Gestión de riesgos financieros en la banca internacional

La gestión y control de los riesgos financieros es la base sobre la que se fundamenta el negocio bancario, y de ello depende la supervivencia de las entidades financieras con repercusiones directas sobre la economía y la sociedad en su conjunto, como han demostrado los ...

Governing the Euro Area in good times and bad

Can the euro area survive without a more centralized economic policy? What lessons can be drawn from Economic and Monetary Union about new modes of policy-making in the European Union? Have euro area members spoken with one voice on the international stage and what does ...

La torre de la arrogancia

políticas y mercados después de la tormenta

¿Qué ha fallado? Esta la pregunta que la crisis del año 2008 todavía suscita. Después de décadas de crecimiento económico, se había dado por sentado que éste sería ilimitado: los mercados dictaban sus propias normas, y los políticos se hacían a un lado. Sin embargo ...

Bust

how the Courts have exposed the rotten heart of the irish economy

When, after fifteen years of runaway growth based largely on property speculation, the Irish economy finally crashed, Ireland's bankers and developers tried to keep themselves out of sight. But they couldn't keep themselves out of court - and it is in the courtrooms that ...