Following the recent financial crisis, regulators have been preoccupied with the concept of systemic risk in financial markets, believing that such risk could cause the markets that they oversee to implode. At the same time, they have demonstrated a certain inability to develop and implement ...
All these factors motivate the need to assess the systemic risk associated to the Chinese financial system, crucial not only for Asia but also for the stability of the global financial markets. Despite the growing interest, the concept of systemic risk remains difficult to measure and quantify (...
Kurt Strovink:Let me raise another angle to this problem. Obviously, this is one that has many different facets. What about the concept of the demand from different stakeholders—whether they’re employees, customers, or other partners—around making climate change progress in various ways? I’m...
echoes the call for global cooperation, and contributes to a more just and equitable international order. 2. highlighting the new features of global governance the concept of a global community of shared future holds that all countries shar...
Using the general concepts of globality, complexity, networks, and the nature of risk, we analyze case studies of trade, finance, infrastructure, climate change, and public health to develop empirical support for the concept of global systemic risk. We seek to identify and describe the sources ...
For the purpose of this study, State Bank of Pakistan's (SBP) classification was used to categorize financial intermediaries into commercial banks, Islamic banks and NBFIs.2 In Pakistan, the concept of Islamic banking is relatively new, as compared to NBFIs, with the first Islamic bank commenc...
The concept of wrong-way risk (WWR) has recently gained significant attention in the field of risk management. This blog delves into the importance of WWR, ashighlighted by the European Central Bank(ECB). WWR can be classified into two categories: generic wrong-way risk (GWWR) and specific ...
贝克区分了简单或工业现代性和自反性现代性:The book circles around the difference between two epochs of modernity-simple or industrialversusreflexive modernity, which is now coming into view and calling for the reinvention of politics. pp.3. 冷战结束后,The concept of 'reflexive modernization' is at...
The concept of liposomes was originally introduced by Bangham et al. in 1965. Today, it commonly refers to small closed vesicles with a bilayer wrapped in an aqueous structure formed by dispersing phospholipids and other lipids in water. Due to their structural similarity to biological membranes,...
Intersectionality is a concept that originated in Black feminist movements in the US-American context of the 1970s and 1980s, particularly in the work of feminist scholar and lawyer Kimberlé W. Crenshaw. Intersectional approaches aim to highlight the in