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  • Financial Markets
    892 words
    Sam Vaknin's Psychology, Philosophy, Economics and Foreign Affairs Web Sites The recent upheavals in the world financial markets were quelled by the immediate intervention of both international financial institutions such as the IMF and of domestic ones in the developed countries, such as the Federal Reserve in the USA. The danger seems to have passed, though recent tremors in South Korea, Brazil and Taiwan do not augur well. We may face yet another crisis of the same or a larger magnitude momen...
  • Financial Institutions And Non Bank Competition
    2,439 words
    I. Introduction Within our society, financial institutions are becoming more abundant. Along with this present growth, the field of marketing financial services has also grown in size and scope with new entrants everyday. The relatively stable banking environment is being altered with innovation, opportunism, and government intervention. This era, marked by the government's luminous hand of deregulation (defined as the act of removing regulations or restrictions from a specific entity), has expa...
  • Country's Whole Financial System
    714 words
    As the military actions for Iraq concluded, a new fight began over the best way to rebuild the Iraqi financial sector. On the one side are those who consider that, by establishing appropriate institutions and rules, the Iraqis will be able to rebuild their own financial sector without an extended period of outside oversight and massive financial help. Another side sees the need of considerable infusions of foreign assistance and technical support over an comprehensive period of time. While diffe...
  • Canadian Consumers Big Financial Institutions
    2,509 words
    The Future Of The Canadian Financial Institutions As we approach the information age, society and all of its components must change. Some elements of society are doing this quickly, embracing new technologies and production methods. In this way they are preparing themselves for the future. Other segments of society realise that change is inevitable but for their own benefit try to slow it down. Thus while they delay change they do not in fact stop it. Finally, there are those elements of society...
  • World Bank Support For East Asian Governments
    2,791 words
    A large economic downturn in East Asia threatens to end its nearly 30 year run of high growth rates. It is hard to understand what these declines will actualy do to the world market. The crisis has caused Asian currencies to fall 50-60%, stock markets to decline 40%, banks to close, and property values to drop. The crisis was brought on by currency devaluations, bad banking practices, high foreign debt, loose government regulation, and corruption. Due to East Asia's large impact on the world eco...

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