Titlebook: Asia and the Subprime Crisis; Lifting the Veil on Chi Lo Book 2009 Chi Lo 2009 Asia.China.macroeconomics.banking

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Fine Structure of Parasitic Protozoag the insurance sector and considering the development of a credit derivatives market in the country. Regulatory loopholes allowed AIG to stray away from its core business; notably into the credit default swaps (CDS) business that triggered its failure. Assetliability mismatch in AIG’s securities le

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https://doi.org/10.1007/978-3-642-67067-1 in the US and Fortis in Belgium, to develop structured products that are opaque and lack proper risk and regulatory controls. This sowed the seed for a financial disaster. Unlike AIG, the failures of Lehman Brothers and Fortis were more macro-driven, with the bursting of the US housing bubble putti

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Springer Monographs in Mathematicsn. Hence, it has never developed a significant service industry or a financial system capable of channelling savings to consumption via a consumer finance framework. Domestic consumption deficiency has, in turn, pushed the bulk of the industrial capacity towards exports. Since the mid-1990s, when Ch