Finance
Why corporate cultures needs to adopt risk management
If we accept the idea that risk management is part of a corporation’s competitive advantage, and thus part of its value chain, important implications follow. Key among them is Enterprise
IMF conference paper links currency depreciation to post-crisis growth
A new paper presented at the IMF’s Annual Research Conference suggests that emerging markets should counter liquidity problems from capital outflows with currency depreciation and reserve sales. Read the full IMF
What explains Cameron’s embrace of Islamic finance?
Over the past few months, Britain’s Conservative Party has shifted its position on immigration to retain supporters, who seem inclined to side with the far-right UKIP. Now, in a gesture that seems
Companies fail to see risk management as competitive advantage
Risk management is an important strategic function of management, yet most companies fail to see its benefits and focus on short-term costs. The financial crisis provides an opportunity to integrate
China’s central bank stands alone against inflation
Renminbi internationalization may work against the Chinese central bank’s effort to tighten liquidity and curb rising inflation. Commercial banks will also have bigger leverage over the central bank as more
Slovenia’s banking crisis is heading towards its peak
Slovenia’s ongoing banking crisis is heading toward its peak as the November date for the debt-ridden Slovenian banks’ stress test results closes in. Slovenian central banker Bostajan Jazbec has recently
Brazil and Turkey: The Party is Over
The world held its breath on September 18th. Would Ben Bernanke taper? Investors around the globe breathed a sigh of relief when he postponed slowing down the Fed’s bond buying
Italy’s Enrico Letta Safe From Berlusconi – for Now
And so the Eurozone’s woes continue: A potential grand coalition government collapse in Italy has further threatened the recovery of the currency union’s third largest economy. On a continent with
Strong British Case in EU Clash over Banking Bonuses
The UK is taking legal action against the EU, the cause being disagreement over banking bonuses. It is another case among a flurry of legal actions against EU rules, such
A Secret for Success: Understanding Risk Management
If the state of risk analysis could stand some improvement, what does that say about risk management? The point is, flawed risk analysis leads to poor risk management: garbage in,
