Restructuring the balance sheets of Western governments, banks and householdsis an important issue in the recovery after the recent crisis. Chorafas' latest book focuses on sovereign debt, sovereign risk and the developing economic and financial business climate and explains why the year of the big crisis mayfall in the middle of this decade. DIMITRIS N. CHORAFAS has advised financial institutions and industrial corporations in strategic planning, risk management, computers and communicationssystems, and internal controls since 1961. More than 8,000 banking, industrial and government executives have participated in his seminars in the USA, the UK, Germany, Italy, Asia and Latin America. Dr Chorafas is the author of more than 150 books, all critically well-received, and some of which have been translated into up to sixteen languages. INDICE: PART I: FINANCIAL RISKS WHICH KEPT PILING UP - The World's 'New Normal' Economic System - The Newly Poor - The Salient Problem is Rights withoutResponsibilities - PART II: LOOSE MONETARY AND FISCAL POLICIES LEAD TO THE DESTRUCTION OF WEALTH - Japanification - Conventional and Unconventional Weaponsin a Central Bank's Arsenal - Fiscal Policies, Spending Policies and Conflicting Aims - Restructuring Sovereign Balance Sheets - PART III: EUROLAND'S FINANCIAL INTEGRATION AND SOVEREIGN RISK - Woes of Euroland's Financial Integration- Sovereign Risk: Case Study on Greece - Germany, France, Britain, Ireland and 'Club Med' - PART IV: THE NEW NORMAL'S EFFECT ON THE WESTERN ECONOMY - The North Atlantic Similarities are Greater Than You Think - The Eu's Banking Industry and its Stress Testing - The Global Systemic Risk has been Programmed for 2014 -
- ISBN: 978-0-230-29840-8
- Editorial: Palgrave MacM
- Encuadernacion: Cartoné
- Páginas: 296
- Fecha Publicación: 17/06/2011
- Nº Volúmenes: 1
- Idioma: Inglés