Economic Finance - Assignment Example

Only on StudentShare

Extract of sample
Economic Finance

Theorists in this context often argued that the occurrence of East Asian crisis was the consequence of the fiscal irresponsibility performed by global institutions including the IMF, especially concerning its financial liberalization policy of the 1980s and the 1990s (Bustelo, “The East Asian Financial Crises: An Analytical Survey”). THESIS STATEMENT The following discussion hereunder intends to focus on the arguments made by Joseph E. Stiglitz on IMF intervention, which is often accounted as a key reason for the East Asian Financial crisis of the 1990s. Accordingly the discussion also includes the description of the other agendas laid by the IMF other than the promotion of stability and growth in the least developed countries of the world. HOW THE IMF INTERVENTION DID WORSEN THE EAST ASIAN FINANCIAL CRISIS OF THE LATE 1990s? According to Stiglitz, the IMF policies in respect to the gradual capital market and financial liberalization should be accounted as the most important reasons of the East Asian financial crisis in the year 1990 (89-91). Stiglitz further argues that the IMF was founded with an intention to deal with similar crisis situations, but it failed in preventing the East Asia Crisis of the 1990s rather worsening the crisis situation being emphasized to facilitate liberalization within the global economy. ...Show more

Summary

Economic finance INTRODUCTION The arguments presented by Joseph E. Stiglitz had ignited debates around the world concerning the effectiveness of the International Monetary Fund (IMF) policies in context to the East Asian Financial Crisis of the late 1990s…
Author : qgrant
Save Your Time for More Important Things
Let us write a custom assignment on your topic
"Economic Finance"
with a personal 20% discount.
Find out more

Related Essays

Finance and Accounting
The two countries that are focused on in the author’s arguments are India and China. According to the article 200 million people from these two countries were helped out of poverty due to the impact of globalization during the 1990s. India and China are the two most populous countries in the world with a combined population of 2.5 billion which accounts for approximately 36% of the world’s population (Exner, 2011).
4 pages (1000 words) Essay
Finance
Finance Name Institution Table of Content Introduction 3 Main Body 4 Conclusion…8 References…9 Appendix…10 Introduction The performance of a company is essential towards its growth. There are various internal, as well as external factors that have a great influence on the success of a business (Albert, 2008).
5 pages (1250 words) Essay
Finance
The debt financing includes bonds, leasing, borrowings from bank and mortgages and is universally seen as the easiest and cheapest way of financing activities. It also carries a tax-deductible benefit that is an attractive source in investing activities as interest payments will be expensed out.
5 pages (1250 words) Term Paper
finance
GARCH effectively helps in analyzing this gap between risk and return and provides an in-depth analysis over asset pricing, portfolio optimization, option pricing and risk management (Christian Francq, 2011). GARCH model work on the assumption that randomness of the variance process fluctuates in accordance with the variance and not per its square root i.e (Chance & Brooks, 2009.
8 pages (2000 words) Essay
finance
Some of the qualities that most employers are looking for include, Good communication skills, this is a process of passing a message from one party to another through a given media and immediate feedback is required. In regard to this quality, an employer will be looking for an employee who is able to communicate effectively and clearly in any medium, for instance it can be oral, verbal or written.
4 pages (1000 words) Essay
Finance
The European countries were hit hard by the subprime crisis of 2007. The origin of the financial crisis was rooted to the situation in which the mortgage loans were defaulted and the debt instruments backed by such loans failed (Mizen, 2008). As an ultimate effect of the crisis financial markets in the US were disrupted along with which the financial markets of Europe and other countries were also adversely affected.
12 pages (3000 words) Essay
public private partnerships in healthcare sector in middle income countries
The past three decades have seen a steady growth in private sector’s role in the health care system in high-income nations within commonwealth; moreover, studies clearly show that private sector plays an essential role in of financing and producing healthcare in low and middle-income countries.
14 pages (3500 words) Literature review
Finance
Prediction 15 Conclusion 16 Name of the Student Name of the Professor Subject Date Introduction The research report presents a general study and evaluation of the performance of an American company called American Eagle Outfitters (Bethel 20). The performance of American Eagle Outfitters is evaluated using four different types of analysis which is distribution analysis, marketing analysis, performance analysis and subsequent projection of the results for the future.
8 pages (2000 words) Research Paper
finance
Some countries cooperate and jointly develop oil export capacity, while others focus on attracting enough investment to create their own routes. The oil and gas industry in the Azerbaijani is controlled by the major company State Oil Company of the Azerbaijan Republic (SOCAR).
5 pages (1250 words) Essay
The Effects of Technology On The Accounting Profession

The author states that today's accounting experts utilize the internet to execute real business forms in the venture. Electronic business permits the accounting firm to arrange exercises for interior administration and joins the customers' associations with the utilization of advanced systems, eliminates travel costs.

 

4 pages (1000 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT