[ { "key": "M82MWVMM", "version": 459, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/M82MWVMM", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/M82MWVMM", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Ghate", "parsedDate": "1992", "numChildren": 0 }, "data": { "key": "M82MWVMM", "version": 459, "itemType": "journalArticle", "title": "Interaction between the formal and informal financial sectors: The Asian experience", "creators": [ { "creatorType": "author", "firstName": "P.B", "lastName": "Ghate" } ], "abstractNote": "The nature of the interaction between the formal and informal financial sectors in developing countries is a subject with important policy implications. It has implications for the future of informal finance as the formal sector expands in the long term—will the informal sector wither away, as the traditional view of financial dualism assumes, or will it continue to play an important complementary role, perhaps even growing in absolute size? Second, the pattern of two major policy approaches often advocated toward the informal sector—offering it stronger competition so as to induce it to improve its terms, and promoting linkages with it so as to take advantage of its lower transactions costs in reaching smaller and poorer borrowers. Third, the existence of a large informal sector has implications for the efficacy of monetary and credit policy in achieving stabilization objectives. Fourth, the interaction between the formal and informal financial sectors also has implications for the effects of financial liberalization through removing restrictions on the deposit rate of interest. This paper draws on the experience of Asian countries to address these issues.\n\n☆\n\n This paper was presented at the International Conference on Savings and Credit for Development, organized by the United Nations, the Danish Savings Bank Association, and the International Savings Banks Institute, at Klarskovgard, Denmark, May 28–31 1990.\n\n∗\n\n The author is grateful to the organizers for permission to publish it here. He is also grateful to M. Quibria, Malcolm Dowling, Mina Paz and two anonymous referees for useful comments. Much of the material is based on Ghate and Associates, 1992. The views expressed are those of the author and not of the Asian Development Bank.\n\nCopyright © 1992 Published by Elsevier Ltd.", "publicationTitle": "World Development", "publisher": "", "place": "", "date": "6/1992", "volume": "20", "issue": "6", "section": "", "partNumber": "", "partTitle": "", "pages": "859-872", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1016/0305-750X(92)90056-2", "citationKey": "", "url": "http://linkinghub.elsevier.com/retrieve/pii/0305750X92900562", "accessDate": "2014-07-10T16:31:32Z", "PMID": "", "PMCID": "", "ISSN": "0305750X", "archive": "", "archiveLocation": "", "shortTitle": "Interaction between the formal and informal financial sectors", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "00092", "tags": [], "collections": [ "68ZUQHW6", "TCUT3SIM" ], "relations": { "dc:replaces": "http://zotero.org/groups/272495/items/2UJI6Q4V" }, "dateAdded": "2014-07-10T16:31:32Z", "dateModified": "2015-08-11T21:19:06Z" } }, { "key": "Z5T8JSK5", "version": 458, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/Z5T8JSK5", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/Z5T8JSK5", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Akerlof and Shiller", "parsedDate": "2009", "numChildren": 1 }, "data": { "key": "Z5T8JSK5", "version": 458, "itemType": "book", "title": "Animal spirits: wie Wirtschaft wirklich funktioniert", "creators": [ { "creatorType": "author", "firstName": "George A", "lastName": "Akerlof" }, { "creatorType": "author", "firstName": "Robert J", "lastName": "Shiller" } ], "abstractNote": "Viel zu lange hat die Ökonomie einen der wichtigsten Faktoren im wirtschaftlichen Agieren von Menschen vernachlässigt: die Animal Spirits, also die nicht-rationalen Aspekte unseres Handelns. Ein großer Fehler, sagen George A. Akerlof und Robert J. Shiller, dessen Folgen wir in der Wirtschaftskrise täglich neu zu spüren bekommen. Sie fordern, das Verhalten des Menschen in der Wirtschaft wieder stärker zu berücksichtigen, anstatt sich auf reinen Marktglauben zu konzentrieren. Dieses Buch ist das Ergebnis ihrer langjährigen Forschungsarbeit. Es zeigt uns, wie erfolgreiches ökonomisches Denken und Handeln in der Zukunft aussehen muss. George A. Akerlof ist Professor für Wirtschaftswissenschaften in Berkeley und erhielt 2001 den Wirtschaftsnobelpreis, zusammen mit Joseph E. Stiglitz und Michael Spence. Robert J. Shiller ist Ökonomieprofessor in Yale. Bei Campus erschienen von ihm bislang\" Irrationaler Überschwang\"(2000) und\" Die neue Finanzordnung\"(2003). (VLB).", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2009", "publisher": "Campus-Verl.", "place": "Frankfurt, M.; New York, NY", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "", "ISBN": "9783593389370 3593389371", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "Animal spirits", "language": "German", "libraryCatalog": "Open WorldCat", "callNumber": "", "rights": "", "extra": "00034", "tags": [], "collections": [ "2MGQKP7T", "68ZUQHW6" ], "relations": {}, "dateAdded": "2014-07-10T21:23:38Z", "dateModified": "2014-08-06T11:38:55Z" } }, { "key": "XFRSRND2", "version": 457, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/XFRSRND2", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/XFRSRND2", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Evans", "parsedDate": "1996", "numChildren": 0 }, "data": { "key": "XFRSRND2", "version": 457, "itemType": "journalArticle", "title": "Government action, social capital and development: Reviewing the evidence on synergy", "creators": [ { "creatorType": "author", "firstName": "Peter", "lastName": "Evans" } ], "abstractNote": "Instead of assuming a zero-sum relationship between government involvement and private cooperative efforts, the five preceding articles argue for the possibility of “state-society synergy,” that active government and mobilized communities can enhance each others' developmental efforts. This article draws on these articles to explore the forms and sources of state-society synergy. I argue that synergy usually combines complementarity with embeddedness and is most easily fostered in societies characterized by egalitarian social structures ard robust, coherent state bureaucracies. I also argue, however, that synergy is constructable, even in the more adverse circumstances typical of Third World countries.\n\n∗\n\n I would like to thank all of the participants at the May, 1995 Conference of the Economic Development Working Group, Social Capital and Public Affairs Project for their extremely useful feedback on an earlier version of this paper, especially Guillermo O'Donnell whose comments at the conference were particularly important in reshaping my thinking. My greatest debt is, obviously, to the five authors whose papers precede this one. At the same time, I should make it clear that none of them can be held responsible for the interpretations I have imposed on their work.", "publicationTitle": "World Development", "publisher": "", "place": "", "date": "6/1996", "volume": "24", "issue": "6", "section": "", "partNumber": "", "partTitle": "", "pages": "1119-1132", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1016/0305-750X(96)00021-6", "citationKey": "", "url": "http://linkinghub.elsevier.com/retrieve/pii/0305750X96000216", "accessDate": "2014-07-10T17:02:02Z", "PMID": "", "PMCID": "", "ISSN": "0305750X", "archive": "", "archiveLocation": "", "shortTitle": "Government action, social capital and development", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "01354", "tags": [], "collections": [ "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-10T17:02:02Z", "dateModified": "2014-08-06T11:37:53Z" } }, { "key": "VN7J833X", "version": 457, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/VN7J833X", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/VN7J833X", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Stiglitz", "parsedDate": "1996-08-01", "numChildren": 0 }, "data": { "key": "VN7J833X", "version": 457, "itemType": "journalArticle", "title": "SOME LESSONS FROM THE EAST ASIAN MIRACLE", "creators": [ { "creatorType": "author", "firstName": "J. E.", "lastName": "Stiglitz" } ], "abstractNote": "", "publicationTitle": "The World Bank Research Observer", "publisher": "", "place": "", "date": "1996-08-01", "volume": "11", "issue": "2", "section": "", "partNumber": "", "partTitle": "", "pages": "151-177", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1093/wbro/11.2.151", "citationKey": "", "url": "http://wbro.oxfordjournals.org/cgi/doi/10.1093/wbro/11.2.151", "accessDate": "2014-07-10T16:51:39Z", "PMID": "", "PMCID": "", "ISSN": "0257-3032, 1564-6971", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "00748", "tags": [], "collections": [ "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-10T16:51:39Z", "dateModified": "2014-08-06T11:37:52Z" } }, { "key": "VB2KR38G", "version": 457, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/VB2KR38G", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/VB2KR38G", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Hulme and Mosley", "parsedDate": "1996", "numChildren": 0 }, "data": { "key": "VB2KR38G", "version": 457, "itemType": "book", "title": "Finance against poverty", "creators": [ { "creatorType": "editor", "firstName": "David", "lastName": "Hulme" }, { "creatorType": "editor", "firstName": "Paul", "lastName": "Mosley" } ], "abstractNote": "Over the last decade, the theory that poverty in the world's poorest regions could be alleviated by providing small loans to micro-entrepreneurs has become increasingly popular. This volume examines the effectiveness of this theory when put into practice. The book presents empirical evidence drawn from comparative experiences in seven developing countries and produces some startling conclusions. This work should be essential reading for all those interested in development, poverty-reduction, social welfare and finance. Volume One provides a detailed analysis of this theory and offers policy recommendations for practitioners in the field.", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "1996", "publisher": "Routledge", "place": "London ; New York", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "2", "ISBN": "0415124301 978-0-415-12430-0", "DOI": "", "citationKey": "", "url": "http://www.psypress.com/books/details/9780415124317/", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "Library of Congress ISBN", "callNumber": "HC59.72.P6 F56 1996", "rights": "", "extra": "01264", "tags": [ { "tag": "Developing countries", "type": 1 }, { "tag": "Economic conditions", "type": 1 }, { "tag": "Economic policy", "type": 1 }, { "tag": "Poverty", "type": 1 } ], "collections": [ "2MGQKP7T" ], "relations": {}, "dateAdded": "2014-07-10T17:03:41Z", "dateModified": "2014-08-06T11:37:51Z" } }, { "key": "UNKG8JM4", "version": 457, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/UNKG8JM4", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/UNKG8JM4", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Mishkin", "parsedDate": "1999", "numChildren": 0 }, "data": { "key": "UNKG8JM4", "version": 457, "itemType": "journalArticle", "title": "Lessons from the Asian crisis", "creators": [ { "creatorType": "author", "firstName": "Frederic S", "lastName": "Mishkin" } ], "abstractNote": "This paper provides an asymmetric information analysis of the recent East Asian crisis. It then outlines several lessons from this crisis. First, there is a strong rationale for an international lender of last resort. Second, without appropriate conditionality for this lending, the moral hazard created by operation of an international lender of last resort can promote financial instability. Third, although capital flows did contribute to the crisis, they are a symptom rather than an underlying cause of the crisis, suggesting exchange controls are unlikely to be a useful strategy to avoid future crises. Fourth, pegged exchange-rate regimes are a dangerous strategy for emerging market countries and make financial crises more likely.", "publicationTitle": "Journal of International Money and Finance", "publisher": "", "place": "", "date": "8/1999", "volume": "18", "issue": "4", "section": "", "partNumber": "", "partTitle": "", "pages": "709-723", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1016/S0261-5606(99)00020-0", "citationKey": "", "url": "http://linkinghub.elsevier.com/retrieve/pii/S0261560699000200", "accessDate": "2014-07-10T16:54:32Z", "PMID": "", "PMCID": "", "ISSN": "02615606", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "00430", "tags": [], "collections": [ "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-10T16:54:32Z", "dateModified": "2014-08-06T11:37:50Z" } }, { "key": "TU68BF79", "version": 457, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/TU68BF79", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/TU68BF79", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Chen", "parsedDate": "2001-05-01", "numChildren": 0 }, "data": { "key": "TU68BF79", "version": 457, "itemType": "journalArticle", "title": "Assessing the impact of the Internet on brands", "creators": [ { "creatorType": "author", "firstName": "S", "lastName": "Chen" } ], "abstractNote": "This paper assesses the claim that e-commerce will spell the end of brand management as we know it. Evidence from market studies is reviewed, and the paper identifies some key factors that make this scenario unlikely. First, the effect depends on a number of other factors, such as type of product and type of purchase. Brands serve a different role in each of these cases, and the impact of the Internet will vary according to the role that the brand plays. Secondly, there are a variety of Internet technologies which will affect brands in a variety of ways. Thirdly, the Internet is leading to some secondary effects in the market structures that affect brands. The combination of these factors, far from leading to the death of brand management, will in many cases lead to an increased role for brand management.", "publicationTitle": "Journal of Brand Management", "publisher": "", "place": "", "date": "2001-05-01", "volume": "8", "issue": "4", "section": "", "partNumber": "", "partTitle": "", "pages": "288-302", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1057/palgrave.bm.2540029", "citationKey": "", "url": "http://www.palgrave-journals.com/doifinder/10.1057/palgrave.bm.2540029", "accessDate": "2014-07-10T19:29:54Z", "PMID": "", "PMCID": "", "ISSN": "1350-231X, 1479-1803", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "00054", "tags": [], "collections": [ "68ZUQHW6", "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-10T19:29:54Z", "dateModified": "2014-08-06T11:37:49Z" } }, { "key": "TGSSHMTX", "version": 457, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/TGSSHMTX", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/TGSSHMTX", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Barry and Pipat", "parsedDate": "2004", "numChildren": 0 }, "data": { "key": "TGSSHMTX", "version": 457, "itemType": "report", "title": "Why Doesn't Asia Have Bigger Bond Markets?", "creators": [ { "creatorType": "author", "firstName": "Eichengreen", "lastName": "Barry" }, { "creatorType": "author", "firstName": "Luengnaruemitchai", "lastName": "Pipat" } ], "abstractNote": "", "reportNumber": "w10576", "reportType": "", "institution": "National Bureau of Economic Research", "place": "Cambridge, MA", "date": "06/2004", "seriesTitle": "", "seriesNumber": "", "pages": "", "DOI": "", "ISBN": "", "citationKey": "", "url": "http://www.nber.org/papers/w10576.pdf", "accessDate": "2014-07-08T18:03:23Z", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "00190", "tags": [], "collections": [ "2MGQKP7T", "48Q9M39E", "68ZUQHW6", "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-08T18:03:23Z", "dateModified": "2014-08-06T11:37:48Z" } }, { "key": "RQC5WUKA", "version": 457, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/RQC5WUKA", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/RQC5WUKA", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Fabella and Madhur", "parsedDate": "2003", "numChildren": 0 }, "data": { "key": "RQC5WUKA", "version": 457, "itemType": "bookSection", "title": "Bond Market Development in East Asia: Issues and Challenges", "creators": [ { "creatorType": "author", "firstName": "Raul V.", "lastName": "Fabella" }, { "creatorType": "author", "firstName": "Srinivasa", "lastName": "Madhur" } ], "abstractNote": "In postcrisis Asia, the development of domestic bond markets is increasingly seen as one of the key requirements to strengthen the financial sectors of East Asian countries and to reduce their vulnerabilities to future financial crises. There is a great diversity in terms of the level of bond market development across East Asian countries. Judged by several indicators of bond market development, Hong Kong, China and Singapore are ahead of other countries, followed by a second tier consisting of Korea; Malaysia; and Taipei,China and a third tier consisting of People's Republic of China, Philippines, and Thailand. Indonesia's bond market is perhaps the most nascent among East Asian bond markets. Initiatives to develop bond markets in East Asia should focus on: (i) sustaining a stable macroeconomic environment with low inflation and stable interest rates, (ii) developing a healthy government bond market that would serve as a benchmark for the corporate bond market, (iii) completing the postcrisis agenda of banking sector restructuring, (iv) improving corporate governance, (v) strengthening the regulatory framework for bond market, (vi) rationalizing tax treatment of bonds, (vii) broadening the investor base, and (viii) promoting the growth of regional bond market centers. Since at present there is a great diversity in the levels of bond market development across countries, significant country-specific deciphering of these requirements will be needed for developing country strategies for bond market development.", "bookTitle": "Economics and Research Department", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2003", "publisher": "Asian Development Bank", "place": "", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "pages": "24", "ISBN": "", "DOI": "", "citationKey": "", "url": "http://books.google.de/books?id=-sAWAAAAYAAJ&q=Asia+Bond+markets&dq=Asia+Bond+markets&hl=de&sa=X&ei=JTC8U_i_G8-y7AaHpYHoCQ&ved=0CHEQ6AEwCg", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "00042", "tags": [], "collections": [ "48Q9M39E" ], "relations": {}, "dateAdded": "2014-07-08T22:24:27Z", "dateModified": "2014-08-06T11:37:47Z" } }, { "key": "MV68AJ2I", "version": 456, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/MV68AJ2I", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/MV68AJ2I", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Radelet and Sachs", "parsedDate": "1998", "numChildren": 0 }, "data": { "key": "MV68AJ2I", "version": 456, "itemType": "report", "title": "The Onset of the East Asian Financial Crisis", "creators": [ { "creatorType": "author", "firstName": "Steven", "lastName": "Radelet" }, { "creatorType": "author", "firstName": "Jeffrey", "lastName": "Sachs" } ], "abstractNote": "This paper provides an early diagnosis of the financial crisis in Asia, focusing on the empirical record in the lead-up to the crisis. The main goal is to emphasize the role of financial panic as an essential element of the Asian crisis. At the core of the crisis were large-scale foreign capital inflows into financial systems that became vulnerable to panic. The paper finds that while there were significant underlying problems and weak fundamentals besetting the Asian economies at both a macroeconomic and a microeconomic level, the imbalances were not severe enough to warrant a financial crisis of the magnitude that took place in the latter half of 1997. A combination of panic on the part of the international investment community, policy mistakes at the onset of the crisis by Asian governments, and poorly designed international rescue programs turned the withdrawal of foreign capital into a full-fledged financial panic, and deepened the crisis more than was either necessary or inevitable.", "reportNumber": "w6680", "reportType": "", "institution": "National Bureau of Economic Research", "place": "Cambridge, MA", "date": "08/1998", "seriesTitle": "", "seriesNumber": "", "pages": "", "DOI": "", "ISBN": "", "citationKey": "", "url": "http://www.nber.org/papers/w6680.pdf", "accessDate": "2014-07-10T16:47:24Z", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "02759", "tags": [], "collections": [], "relations": {}, "dateAdded": "2014-07-10T16:47:24Z", "dateModified": "2014-08-06T11:36:33Z" } }, { "key": "JDAIK5JR", "version": 456, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/JDAIK5JR", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/JDAIK5JR", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Gill and World Bank", "parsedDate": "2007", "numChildren": 0 }, "data": { "key": "JDAIK5JR", "version": 456, "itemType": "book", "title": "An East Asian renaissance: ideas for economic growth", "creators": [ { "creatorType": "author", "firstName": "Indermit Singh", "lastName": "Gill" }, { "creatorType": "contributor", "firstName": "Homi J.", "lastName": "Kharas" }, { "creatorType": "contributor", "firstName": "Deepak", "lastName": "Bhattasali" }, { "creatorType": "author", "name": "World Bank" } ], "abstractNote": "This book explore the future of East Asia's middle-income countries. Without the advantages of low wages or high skills, and with limited natural resources, East Asian economies are following a new path of regional integration, led by China. Along this path, policy makers must manage a migration of 2 million per month to East Asian cities; a sharp and unprecedented increase in income inequality; and growing discontent with corruption. This new agenda of domestic integration is the main challenge facing East Asia.", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2007", "publisher": "International Bank for Reconstruction and Development/World Bank", "place": "Washington, DC", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "365", "ISBN": "9780821367476", "DOI": "", "citationKey": "", "url": "https://publications.worldbank.org/index.php?main_page=product_info&cPath=0&products_id=22511", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "An East Asian renaissance", "language": "", "libraryCatalog": "Library of Congress ISBN", "callNumber": "HC460.5 .G55 2007", "rights": "", "extra": "00305", "tags": [ { "tag": "East Asia", "type": 1 }, { "tag": "Economic conditions", "type": 1 }, { "tag": "Economic policy", "type": 1 } ], "collections": [ "2MGQKP7T" ], "relations": {}, "dateAdded": "2014-07-09T14:23:18Z", "dateModified": "2014-08-06T11:36:31Z" } }, { "key": "FFXMAVMC", "version": 456, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/FFXMAVMC", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/FFXMAVMC", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Duncan", "parsedDate": "2012", "numChildren": 2 }, "data": { "key": "FFXMAVMC", "version": 456, "itemType": "book", "title": "The new depression: the breakdown of the paper money economy", "creators": [ { "creatorType": "author", "firstName": "Richard", "lastName": "Duncan" } ], "abstractNote": "Why the global recession is in danger of becoming another Great Depression, and how we can stop it\n\nWhen the United States stopped backing dollars with gold in 1968, the nature of money changed. All previous constraints on money and credit creation were removed and a new economic paradigm took shape. Economic growth ceased to be driven by capital accumulation and investment as it had been since before the Industrial Revolution. Instead, credit creation and consumption began to drive the economic dynamic. In The New Depression: The Breakdown of the Paper Money Economy, Richard Duncan introduces an analytical framework, The Quantity Theory of Credit, that explains all aspects of the calamity now unfolding: its causes, the rationale for the government's policy response to the crisis, what is likely to happen next, and how those developments will affect asset prices and investment portfolios.\n\nIn his previous book, The Dollar Crisis (2003), Duncan explained why a severe global economic crisis was inevitable given the flaws in the post-Bretton Woods international monetary system, and now he's back to explain what's next. The economic system that emerged following the abandonment of sound money requires credit growth to survive. Yet the private sector can bear no additional debt and the government's creditworthiness is deteriorating rapidly. Should total credit begin to contract significantly, this New Depression will become a New Great Depression, with disastrous economic and geopolitical consequences. That outcome is not inevitable, and this book describes what must be done to prevent it.\n\n Presents a fascinating look inside the financial crisis and how the New Depression is poised to become a New Great Depression\n Introduces a new theoretical construct, The Quantity Theory of Credit, that is the key to understanding not only the developments that led to the crisis, but also to understanding how events will play out in the years ahead\n Offers unique insights from the man who predicted the global economic breakdown\n\nAlarming but essential reading, The New Depression explains why the global economy is teetering on the brink of falling into a deep and protracted depression, and how we can restore stability.", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2012", "publisher": "John Wiley & Sons Singapore Pte. Ltd", "place": "Singapore ; Hoboken, NJ", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "179", "ISBN": "1118157796", "DOI": "", "citationKey": "", "url": "http://eu.wiley.com/WileyCDA/WileyTitle/productCd-1118157796.html", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "The new depression", "language": "", "libraryCatalog": "Library of Congress ISBN", "callNumber": "HB3722 .D865 2012", "rights": "", "extra": "00011", "tags": [ { "tag": "20th century", "type": 1 }, { "tag": "21st century", "type": 1 }, { "tag": "Depressions", "type": 1 }, { "tag": "Economic conditions", "type": 1 }, { "tag": "Economic history", "type": 1 }, { "tag": "Financial crises", "type": 1 }, { "tag": "Monetary policy", "type": 1 }, { "tag": "United States", "type": 1 } ], "collections": [ "2MGQKP7T" ], "relations": {}, "dateAdded": "2014-07-10T21:29:25Z", "dateModified": "2014-08-06T11:36:27Z" } }, { "key": "DTDUR3QZ", "version": 456, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/DTDUR3QZ", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/DTDUR3QZ", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Yun-Hwan Kim and Organisation for Economic Co-operation and Development", "parsedDate": "2001", "numChildren": 0 }, "data": { "key": "DTDUR3QZ", "version": 456, "itemType": "book", "title": "Bond Market Development in Asia", "creators": [ { "creatorType": "author", "name": "Yun-Hwan Kim" }, { "creatorType": "author", "name": "Organisation for Economic Co-operation and Development" } ], "abstractNote": "In-depth studies were conducted in 10 developing countries (DMCs) to determine the feasibility of developing markets for government bonds and to identify impediments to their development. The country studies included a review and analysis of fiscal and monetary policy and management, the state of government bond markets, the feasibility and appropriateness of issuing government bonds at market rates, and the creation of benchmark yield curve. These studies also identified measures that will help develop secondary bond markets. The results of the study will help pinpoint specific problem areas in bond market development and identify appropriate policy measures in DMCs.", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2001", "publisher": "OECD Publishing Asian Development Bank (April 2002)", "place": "Paris", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "", "ISBN": "9789264192225 9264192220", "DOI": "", "citationKey": "", "url": "http://www.oecdbookshop.org/oecd/display.asp?sf1=identifiers&st1=9789264192225", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "English", "libraryCatalog": "Open WorldCat", "callNumber": "", "rights": "", "extra": "00021", "tags": [], "collections": [ "2MGQKP7T", "48Q9M39E" ], "relations": {}, "dateAdded": "2014-07-08T18:11:19Z", "dateModified": "2014-08-06T11:36:25Z" } }, { "key": "CNHUQED8", "version": 455, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/CNHUQED8", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/CNHUQED8", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Rajan and Zingales", "parsedDate": "1998", "numChildren": 0 }, "data": { "key": "CNHUQED8", "version": 455, "itemType": "journalArticle", "title": "WHICH CAPITALISM? LESSONS FORM THE EAST ASIAN CRISIS", "creators": [ { "creatorType": "author", "firstName": "Raghuram G.", "lastName": "Rajan" }, { "creatorType": "author", "firstName": "Luigi", "lastName": "Zingales" } ], "abstractNote": "As a result of the Asian crisis, relationship-based economic systems are now under attack for corruption and inefficiency. Yet, until recently, they were held up as an alternative (and in some respects superior) form of capitalism to the arm's-length, market-based, Anglo-Saxon systems of the U.S. and the U.K.\n\nWhat went wrong? This paper suggests that relationship-based systems work well when contracts are poorly enforced and capital is scarce. Power relationships substitute for contracts, and can achieve better outcomes than a primitive contractual system. But a relationship-based system suppresses the price system and the signals it provides. As a result, relationship-based systems are likely to misallocate capital when presented with large external capital inflows. Since the external capital comes from arm's length investors who typically have few contractual rights or little power in a relationship system, and since these investors are aware of the potential for misallocation, they rationally choose to maintain control over borrowers by keeping their claims short term. Thus, the contact between the two systems creates a fragile hybrid that, while mutually beneficial to relationship borrowers and arm's length investors in normal times, is excessively prone to shocks.\n\nWhere do we go from here? The authors suggest that while there may be some short-term benefits for emerging economies from reverting to the pure relationship-based system, in the long run such economies will be held back unless they develop the greater disclosure, contract enforcement, and competition of the arm's-length system. The current Asian crisis may be the most opportune moment for these economies to effect the transition between systems.", "publicationTitle": "Journal of Applied Corporate Finance", "publisher": "", "place": "", "date": "09/1998", "volume": "11", "issue": "3", "section": "", "partNumber": "", "partTitle": "", "pages": "40-48", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1111/j.1745-6622.1998.tb00501.x", "citationKey": "", "url": "http://doi.wiley.com/10.1111/j.1745-6622.1998.tb00501.x", "accessDate": "2014-07-10T16:43:45Z", "PMID": "", "PMCID": "", "ISSN": "1078-1196, 1745-6622", "archive": "", "archiveLocation": "", "shortTitle": "WHICH CAPITALISM?", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "00556", "tags": [], "collections": [ "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-10T16:43:45Z", "dateModified": "2014-08-06T11:35:25Z" } }, { "key": "BKEA43S4", "version": 455, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/BKEA43S4", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/BKEA43S4", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Kletzer and Bardhan", "parsedDate": "1987", "numChildren": 0 }, "data": { "key": "BKEA43S4", "version": 455, "itemType": "journalArticle", "title": "Credit markets and patterns of international trade", "creators": [ { "creatorType": "author", "firstName": "Kenneth", "lastName": "Kletzer" }, { "creatorType": "author", "firstName": "Pranab", "lastName": "Bardhan" } ], "abstractNote": "Even with identical technology or endowments between countries comparative costs may differ in a world of credit market imperfection. We have explored two kinds of such imperfection, one involving moral hazard considerations in the international credit market under sovereign risk and the other involving differences between countries in their domestic institutions of credit contract enforcement under incomplete information.\n\n∗\n\n The authors are grateful to J. Eaton and J.A. Ocampo for useful comments. The first-named author also acknowledges support from a grant of the National Science Foundation.", "publicationTitle": "Journal of Development Economics", "publisher": "", "place": "", "date": "10/1987", "volume": "27", "issue": "1-2", "section": "", "partNumber": "", "partTitle": "", "pages": "57-70", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1016/0304-3878(87)90006-X", "citationKey": "", "url": "http://linkinghub.elsevier.com/retrieve/pii/030438788790006X", "accessDate": "2014-07-10T16:56:47Z", "PMID": "", "PMCID": "", "ISSN": "03043878", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "00315", "tags": [], "collections": [ "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-10T16:56:47Z", "dateModified": "2014-08-06T11:35:24Z" } }, { "key": "976A49B4", "version": 455, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/976A49B4", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/976A49B4", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Berger et al.", "parsedDate": "1999", "numChildren": 0 }, "data": { "key": "976A49B4", "version": 455, "itemType": "journalArticle", "title": "The consolidation of the financial services industry: Causes, consequences, and implications for the future", "creators": [ { "creatorType": "author", "firstName": "Allen N", "lastName": "Berger" }, { "creatorType": "author", "firstName": "Rebecca S", "lastName": "Demsetz" }, { "creatorType": "author", "firstName": "Philip E", "lastName": "Strahan" } ], "abstractNote": "This article designs a framework for evaluating the causes, consequences, and future implications of financial services industry consolidation, reviews the extant research literature within the context of this framework (over 250 references), and suggests fruitful avenues for future research. The evidence is consistent with increases in market power from some types of consolidation; improvements in profit efficiency and diversification of risks, but little or no cost efficiency improvement on average; relatively little effect on the availability of services to small customers; potential improvements in payments system efficiency; and potential costs on the financial system from increases in systemic risk or expansion of the financial safety net.", "publicationTitle": "Journal of Banking & Finance", "publisher": "", "place": "", "date": "2/1999", "volume": "23", "issue": "2-4", "section": "", "partNumber": "", "partTitle": "", "pages": "135-194", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1016/S0378-4266(98)00125-3", "citationKey": "", "url": "http://linkinghub.elsevier.com/retrieve/pii/S0378426698001253", "accessDate": "2014-07-10T20:03:43Z", "PMID": "", "PMCID": "", "ISSN": "03784266", "archive": "", "archiveLocation": "", "shortTitle": "The consolidation of the financial services industry", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "01373", "tags": [], "collections": [ "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-10T20:03:43Z", "dateModified": "2014-08-06T11:35:23Z" } }, { "key": "88ZVFK3K", "version": 455, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/88ZVFK3K", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/88ZVFK3K", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Calvo et al.", "parsedDate": "1996", "numChildren": 0 }, "data": { "key": "88ZVFK3K", "version": 455, "itemType": "journalArticle", "title": "Inflows of Capital to Developing Countries in the 1990s", "creators": [ { "creatorType": "author", "firstName": "Guillermo A.", "lastName": "Calvo" }, { "creatorType": "author", "firstName": "Leonardo", "lastName": "Leiderman" }, { "creatorType": "author", "firstName": "Carmen M.", "lastName": "Reinhart" } ], "abstractNote": "", "publicationTitle": "The Journal of Economic Perspectives", "publisher": "", "place": "", "date": "Spring, 1996", "volume": "Vol. 10", "issue": "No. 2", "section": "", "partNumber": "", "partTitle": "", "pages": "123-139", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "", "citationKey": "", "url": "http://www.jstor.org/stable/2138485", "accessDate": "", "PMID": "", "PMCID": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "", "libraryCatalog": "", "callNumber": "", "rights": "", "extra": "00777", "tags": [], "collections": [ "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-10T15:52:46Z", "dateModified": "2014-08-06T11:35:22Z" } }, { "key": "76NJSTBZ", "version": 455, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/76NJSTBZ", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/76NJSTBZ", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Braverman and Guasch", "parsedDate": "1986", "numChildren": 0 }, "data": { "key": "76NJSTBZ", "version": 455, "itemType": "journalArticle", "title": "Rural credit markets and institutions in developing countries: Lessons for policy analysis from practice and modern theory", "creators": [ { "creatorType": "author", "firstName": "Avishay", "lastName": "Braverman" }, { "creatorType": "author", "firstName": "J.Luis", "lastName": "Guasch" } ], "abstractNote": "We present the evidence of government intervention in rural credit markets of LDCs in the past three decades and confront it with modern theory. That evidence shows a significant failure of subsidized credit programs either to achieve an increase of agricultural output cost-effectively or to improve rural income distribution and alleviate poverty. In addition, many of the financial institutions that were created to channel rural credit have been shown to be inept and lacking accountability.\n\nModern theory has focused mostly on two areas, credit rationing in competitive markets and interlinking of credit contracts with labor and land contracts. We outline the policy implications of these theories and find them insufficient to account for the empirical evidence. We contend that a more systematic and rigorous analysis of institutions and institutional environments is essential for understanding and implementing effective policy reforms of rural credit markets. We present suggestions for undertaking such an analysis.\n\n∗\n\n The World Bank does not accept responsibility for the views expressed herein which are those of the authors and should not be attributed to the World Bank or to its affiliated organizations. We are thankful to Ed Schuh, Joe Stiglitz, Judith Tendler and Jonathan Morduch for helpful comments and to Colleen Roberts for editorial assistance. In addition, Guasch gratefully acknowledges partial support from the National Science Foundation under Grant #SES-840219.", "publicationTitle": "World Development", "publisher": "", "place": "", "date": "10/1986", "volume": "14", "issue": "10-11", "section": "", "partNumber": "", "partTitle": "", "pages": "1253-1267", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1016/0305-750X(86)90104-X", "citationKey": "", "url": "http://linkinghub.elsevier.com/retrieve/pii/0305750X8690104X", "accessDate": "2014-07-10T16:36:26Z", "PMID": "", "PMCID": "", "ISSN": "0305750X", "archive": "", "archiveLocation": "", "shortTitle": "Rural credit markets and institutions in developing countries", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "00294", "tags": [], "collections": [ "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-10T16:36:26Z", "dateModified": "2014-08-06T11:35:21Z" } }, { "key": "3ER6N5RV", "version": 455, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/3ER6N5RV", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/3ER6N5RV", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Deinlnger and Binswanger", "parsedDate": "1999-08-01", "numChildren": 0 }, "data": { "key": "3ER6N5RV", "version": 455, "itemType": "journalArticle", "title": "The Evolution of the World Bank's Land Policy: Principles, Experience, and Future Challenges", "creators": [ { "creatorType": "author", "firstName": "K.", "lastName": "Deinlnger" }, { "creatorType": "author", "firstName": "H.", "lastName": "Binswanger" } ], "abstractNote": "This article examines the evolution of policy recommendations concerning rural land issues since the formulation of the World Bank's “Land Reform Policy Paper” in 1975. That paper set out three guiding principles: the desirability of owner-operated family farms; the need for markets to permit land to be transferred to more productive users; and the importance of an egalitarian asset distribution. In the 25 years since that paper was published, these guiding principles have remained the same, but it is now recognized that communal tenure systems can be more cost-effective than formal title, that titling programs should be judged on their equity as well as their efficiency, that the potential of land rental markets has often been severely underestimated, that land-sale markets enhance efficiency only if they are integrated into a broader effort at developing rural factor markets, and that land reform is more likely to result in a reduction of poverty if it harnesses (rather than undermines) the operation of land markets and is implemented in a decentralized fashion. Achieving land policies that incorporate these elements requires a coherent legal and institutional framework together with greater reliance on pilot programs to examine the applicability of interventions under local conditions.", "publicationTitle": "The World Bank Research Observer", "publisher": "", "place": "", "date": "1999-08-01", "volume": "14", "issue": "2", "section": "", "partNumber": "", "partTitle": "", "pages": "247-276", "series": "", "seriesTitle": "", "seriesText": "", "journalAbbreviation": "", "DOI": "10.1093/wbro/14.2.247", "citationKey": "", "url": "http://wbro.oxfordjournals.org/cgi/doi/10.1093/wbro/14.2.247", "accessDate": "2014-07-10T20:05:57Z", "PMID": "", "PMCID": "", "ISSN": "0257-3032, 1564-6971", "archive": "", "archiveLocation": "", "shortTitle": "The Evolution of the World Bank's Land Policy", "language": "en", "libraryCatalog": "CrossRef", "callNumber": "", "rights": "", "extra": "00352", "tags": [], "collections": [ "TCUT3SIM" ], "relations": {}, "dateAdded": "2014-07-10T20:05:57Z", "dateModified": "2014-08-06T11:35:17Z" } }, { "key": "ZRJEPXWS", "version": 454, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/ZRJEPXWS", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/ZRJEPXWS", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Kuwayama", "parsedDate": "2001", "numChildren": 0 }, "data": { "key": "ZRJEPXWS", "version": 454, "itemType": "book", "title": "Search for a new partnership in trade and investment between Latin America and Asia-Pacific", "creators": [ { "creatorType": "author", "firstName": "Mikio", "lastName": "Kuwayama" } ], "abstractNote": "", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2001", "publisher": "Intal [u.a.]", "place": "Buenos Aires [u.a.]", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "32", "ISBN": "9507381198 9789507381195 9507381201 9789507381201", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "", "language": "English", "libraryCatalog": "Open WorldCat", "callNumber": "", "rights": "", "extra": "00022", "tags": [], "collections": [ "2MGQKP7T" ], "relations": {}, "dateAdded": "2014-07-10T20:50:16Z", "dateModified": "2014-07-23T12:38:44Z" } }, { "key": "ZR8CIG7G", "version": 454, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/ZR8CIG7G", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/ZR8CIG7G", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Richter", "parsedDate": "2007", "numChildren": 1 }, "data": { "key": "ZR8CIG7G", "version": 454, "itemType": "book", "title": "Die Verwendung von Ratings zur Regulierung des Kapitalmarkts: eine vergleichende Untersuchung nach US-amerikanischem und deutschem Recht", "creators": [ { "creatorType": "author", "firstName": "Malte", "lastName": "Richter" } ], "abstractNote": "Das US-amerikanische Kapitalmarktrecht nimmt in zahllosen Vorschriften auf Ratings von besonders anerkannten Ratingagenturen Bezug und knüpft hieran bestimmte Rechtsfolgen. In Deutschland findet diese Form der Kapitalmarktregulierung lediglich im Rahmen der Umsetzung von Basel II Anwendung. Diese Arbeit untersucht die grundsätzliche Zweckmäßigkeit einer solchen regulatorischen Indienstnahme von Ratings. Anhand ausgewählter Beispiele wird der US-amerikanische Ansatz kritisch hinterfragt und seine mögliche Übernahme in das deutsche Recht diskutiert. Schließlich behandelt die Arbeit auch die mit dieser Thematik untrennbar verbundene Frage einer Regulierung der Ratingagenturen, vergleicht die bestehenden gesetzlichen Regelungen in den USA und in Deutschland und regt mögliche Verbesserungen an.", "series": "Osnabrücker Schriften zum Unternehmens- und Wirtschaftsrecht", "seriesNumber": "Bd. 1", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2007", "publisher": "P. Lang", "place": "Frankfurt, M. ; New York, NY", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "304", "ISBN": "9783631576199", "DOI": "", "citationKey": "", "url": "http://www.peterlang.com/index.cfm?event=cmp.ccc.seitenstruktur.detailseiten&seitentyp=produkt&pk=41217&concordeid=57619", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "Die Verwendung von Ratings zur Regulierung des Kapitalmarkts", "language": "", "libraryCatalog": "Library of Congress ISBN", "callNumber": "K1114.7 .R53 2007", "rights": "", "extra": "00000", "tags": [ { "tag": "Basel II", "type": 1 }, { "tag": "Capital market", "type": 1 }, { "tag": "Germany", "type": 1 }, { "tag": "Law and legislation", "type": 1 }, { "tag": "Rating agencies (Finance)", "type": 1 }, { "tag": "Ratings and rankings", "type": 1 }, { "tag": "Stock exchanges", "type": 1 }, { "tag": "United States", "type": 1 } ], "collections": [ "2MGQKP7T" ], "relations": {}, "dateAdded": "2014-07-09T22:07:07Z", "dateModified": "2014-07-23T12:38:43Z" } }, { "key": "Z57K2IQ7", "version": 454, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/Z57K2IQ7", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/Z57K2IQ7", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Shaxson", "parsedDate": "2011", "numChildren": 0 }, "data": { "key": "Z57K2IQ7", "version": 454, "itemType": "book", "title": "Schatzinseln: wie Steueroasen die Demokratie untergraben", "creators": [ { "creatorType": "author", "firstName": "Nicholas", "lastName": "Shaxson" } ], "abstractNote": "Autor Nicholas Shaxson spricht unliebsame Wahrheiten deutlich aus und stellt die Betroffenen – in diesem Fall ganze Staaten – unbarmherzig an den Pranger. Sicherlich war es nicht leicht, dieses Vorhaben umzusetzen, ohne von einer Welle juristischer Klagen überrollt zu werden. Das Buch ist spannend zu lesen und sinnvoll aufgebaut, auch wenn Shaxson recht häufig die moralische Keule schwingt. Das kann man ihm allerdings nicht mehr verdenken, sobald man liest, wie das globale Netz von Steueroasen dafür sorgt, dass Superreiche und Konzerne sich aus ihrer gesellschaftlichen Verantwortung stehlen können. Das Buch sollte Pflichtlektüre für alle Wirtschafts- und Finanzminister sein. getAbstract empfiehlt es darüber hinaus allen an Wirtschaftspolitik Interessierten.\nGood book about the workings of the offshore finance industry. Gives a very readable account of how wealthy elites in rich countries avoid their fiscal responsibilities by exploiting secretive, low tax jurisdictions (the largest of which being the US and the UK!). And in reverse, how offshore facilitates capital flight from developing countries. I guess the most depressing thing is how acceptable it has become to avoid paying tax. ( )", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2011", "publisher": "Rotpunktverlag", "place": "Zürich", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "", "ISBN": "9783858694607 3858694606", "DOI": "", "citationKey": "", "url": "", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "Schatzinseln", "language": "German", "libraryCatalog": "Open WorldCat", "callNumber": "", "rights": "", "extra": "00000", "tags": [], "collections": [ "2MGQKP7T" ], "relations": {}, "dateAdded": "2014-07-10T21:24:10Z", "dateModified": "2014-07-23T12:38:41Z" } }, { "key": "Z3RV3NAW", "version": 454, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/Z3RV3NAW", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/Z3RV3NAW", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Caouette", "parsedDate": "1998", "numChildren": 0 }, "data": { "key": "Z3RV3NAW", "version": 454, "itemType": "book", "title": "Managing credit risk: the next great financial challenge", "creators": [ { "creatorType": "author", "firstName": "John B.", "lastName": "Caouette" }, { "creatorType": "contributor", "firstName": "Edward I.", "lastName": "Altman" }, { "creatorType": "contributor", "firstName": "Paul", "lastName": "Narayanan" } ], "abstractNote": "\"Against a backdrop of radical industry evolution, the authors of Managing Credit Risk: The Next Great Financial Challenge provide a concise and practical overview of these dramatic market and technical developments in a book which is destined to become a standard reference in the field.\" -Thomas C. Wilson, Partner, McKinsey & Company, Inc.\n\n\"Managing Credit Risk is an outstanding intellectual achievement. The authors have provided investors a comprehensive view of the state of credit analysis at the end of the millennium.\" -Martin S. Fridson, Financial Analysts Journal.\n\n\"This book provides a comprehensive review of credit risk management that should be compulsory reading for not only those who are responsible for such risk but also for financial analysts and investors. An important addition to a significant but neglected subject.\" -B.J. Ranson, Senior Vice-President, Portfolio Management, Bank of Montreal.\n\nThe phenomenal growth of the credit markets has spawned a powerful array of new instruments for managing credit risk, but until now there has been no single source of information and commentary on them. In Managing Credit Risk, three highly regarded professionals in the field have-for the first time-gathered state-of-the-art information on the tools, techniques, and vehicles available today for managing credit risk. Throughout the book they emphasize the actual practice of managing credit risk, and draw on the experience of leading experts who have successfully implemented credit risk solutions.\n\nStarting with a lucid analysis of recent sweeping changes in the U.S. and global financial markets, this comprehensive resource documents the credit explosion and its remarkable opportunities-as well as its potentially devastating dangers. Analyzing the problems that have occurred during its growth period-S&L failures, business failures, bond and loan defaults, derivatives debacles-and the solutions that have enabled the credit market to continue expanding, Managing Credit Risk examines the major players and institutional settings for credit risk, including banks, insurance companies, pension funds, exchanges, clearinghouses, and rating agencies. By carefully delineating the different perspectives of each of these groups with respect to credit risk, this unique resource offers a comprehensive guide to the rapidly changing marketplace for credit products.\n\nManaging Credit Risk describes all the major credit risk management tools with regard to their strengths and weaknesses, their fitness to specific financial situations, and their effectiveness. The instruments covered in each of these detailed sections include: credit risk models based on accounting data and market values; models based on stock price; consumer finance models; models for small business; models for real estate, emerging market corporations, and financial institutions; country risk models; and more. There is an important analysis of default results on corporate bonds and loans, and credit rating migration. In all cases, the authors emphasize that success will go to those firms that employ the right tools and create the right kind of risk culture within their organizations. A strong concluding chapter integrates emerging trends in the financial markets with the new methods in the context of the overall credit environment.\n\nConcise, authoritative, and lucidly written, Managing Credit Risk is essential reading for bankers, regulators, and financial market professionals who face the great new challenges-and promising rewards-of credit risk management.", "series": "Wiley frontiers in finance", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "1998", "publisher": "Wiley", "place": "New York", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "452", "ISBN": "0471111899", "DOI": "", "citationKey": "", "url": "http://books.google.de/books?id=FOJBUJOAN9AC&dq=asian+credit+markets&lr=&hl=de&source=gbs_navlinks_s", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "Managing credit risk", "language": "", "libraryCatalog": "Library of Congress ISBN", "callNumber": "HG3751 .C32 1998", "rights": "", "extra": "00515", "tags": [ { "tag": "Credit", "type": 1 }, { "tag": "Derivative securities", "type": 1 }, { "tag": "Management", "type": 1 }, { "tag": "Risk management", "type": 1 } ], "collections": [ "2MGQKP7T" ], "relations": {}, "dateAdded": "2014-07-10T17:06:24Z", "dateModified": "2014-07-23T12:38:40Z" } }, { "key": "XTIIB8TT", "version": 454, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/XTIIB8TT", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/XTIIB8TT", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Mathieson et al.", "parsedDate": "2001", "numChildren": 0 }, "data": { "key": "XTIIB8TT", "version": 454, "itemType": "book", "title": "International capital markets: developments, prospects, and key policy issues", "creators": [ { "creatorType": "author", "firstName": "Donald J", "lastName": "Mathieson" }, { "creatorType": "author", "firstName": "Garry J", "lastName": "Schinasi" }, { "creatorType": "author", "name": "International Monetary Fund" } ], "abstractNote": "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.", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2001", "publisher": "International Monetary Fund", "place": "Washington, DC", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "", "ISBN": "1589060563 9781589060562", "DOI": "", "citationKey": "", "url": "http://www.amazon.de/International-Capital-Markets-Developments-Development/dp/1589060563/ref=sr_1_cc_1?s=aps&ie=UTF8&qid=1404916027&sr=1-1-catcorr&keywords=9781589060562", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "International capital markets", "language": "English", "libraryCatalog": "Open WorldCat", "callNumber": "", "rights": "", "extra": "00000", "tags": [], "collections": [ "2MGQKP7T" ], "relations": {}, "dateAdded": "2014-07-09T14:27:33Z", "dateModified": "2014-07-23T12:38:39Z" } }, { "key": "XRRZ3GTG", "version": 454, "library": { "type": "group", "id": 272495, "name": "Asian Bond markets", "links": { "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets", "type": "text/html" } } }, "links": { "self": { "href": "https://api.zotero.org/groups/272495/items/XRRZ3GTG", "type": "application/json" }, "alternate": { "href": "https://www.zotero.org/groups/asian_bond_markets/items/XRRZ3GTG", "type": "text/html" } }, "meta": { "createdByUser": { "id": 54407, "username": "2tausend3", "name": "Thomas Guttsche", "links": { "alternate": { "href": "https://www.zotero.org/2tausend3", "type": "text/html" } } }, "creatorSummary": "Bardhan", "parsedDate": "2012", "numChildren": 0 }, "data": { "key": "XRRZ3GTG", "version": 454, "itemType": "book", "title": "Global housing markets: crises, policies and institutions", "creators": [ { "creatorType": "author", "firstName": "Ashok Deo", "lastName": "Bardhan" } ], "abstractNote": "A global look at the reasons behind the recent economic collapse, and the responses to it\n\nThe speculative bubble in the housing market began to burst in the United States in 2007, and has been followed by ruptures in virtually every asset market in almost every country in the world. Each country proposed a range of policy initiatives to deal with its crisis. Policies that focused upon stabilizing the housing market formed the cornerstone of many of these proposals. This internationally focused book evaluates the genesis of the housing market bubble, the global viral contagion of the crisis, and the policy initiatives undertaken in some of the major economies of the world to counteract its disastrous affects.\n\nUnlike other books on the global crisis, this guide deals with the housing sector in addition to the financial sector of individual economies. Countries in many parts of the world were players in either the financial bubble or the housing bubble, or both, but the degree of impact, outcome, and responses varied widely. This is an appropriate time to pull together the lessons from these various experiences.\n\n Reveals the housing crisis in the United States as the core of the meltdown\n Describes the evolution of housing markets and policies in the run-up to the crisis, their impacts, and the responses in European and Asian countries\n Compares experiences and linkages across countries and points to policy implications and research lessons drawn from these experiences\n\nFilled with the insights of well-known contributors with strong contacts in practice and academia, this timely guide discusses the history and evolution of the recent crisis as local to each contributor's part of the world, and examines its distinctive and common features with that of the U.S., the trajectory of its evolution, and the similarities and differences in policy response.", "series": "", "seriesNumber": "", "volume": "", "numberOfVolumes": "", "edition": "", "date": "2012", "publisher": "Wiley", "place": "Hoboken", "originalDate": "", "originalPublisher": "", "originalPlace": "", "format": "", "numPages": "576", "ISBN": "9780470647141 0470647140 9781118144213 111814421X 9781118144220 1118144228 9781118144237 1118144236", "DOI": "", "citationKey": "", "url": "http://books.google.de/books?id=VVEvNclICcgC&pg=PT606&dq=End+of+Excess+Saving+in+Asia&hl=de&sa=X&ei=DOO-U6qwDMv07Aar6IGgCQ&ved=0CD4Q6AEwBDgK#v=onepage&q=End%20of%20Excess%20Saving%20in%20Asia&f=false", "accessDate": "", "ISSN": "", "archive": "", "archiveLocation": "", "shortTitle": "Global housing markets", "language": "English", "libraryCatalog": "Open WorldCat", "callNumber": "", "rights": "", "extra": "00000", "tags": [], "collections": [ "2MGQKP7T" ], "relations": {}, "dateAdded": "2014-07-10T19:08:19Z", "dateModified": "2014-07-23T12:38:38Z" } } ]