Publications

Detailed Information

Gaping Fault Lines in the Global Financial Stability Architecture: Lessons from the US Sub-Prime Crisis

Cited 0 time in Web of Science Cited 0 time in Scopus
Authors

Pattanaik, Sitikantha

Issue Date
2008-12
Publisher
Institute of International Affairs, Graduate School of International Studies, Seoul National University
Citation
Journal of International and Area Studies, Vol.15 No.2, pp. 87-114
Keywords
Sub-prime CrisisHousing/Mortgage FinanceFinancial StabilityFinancial Crisis
Abstract
The US sub-prime crisis has been a prime revelation of monumental failure by every responsible

agent in the market, starting from macroeconomic policy makers, to regulators, to rating agencies, to

international standard setting bodies to even the smartest of all investment bankers. This paper aims at

identifying the key unpleasant policy challenges that have surfaced in the aftermath of the crisis, while

also trying to decipher the sub-prime black box. In the process of documenting the wide ranging and

thought provoking post-crisis suggestions from the scattered literature, the paper highlights the gaping

fault lines in the existing global financial stability architecture.
ISSN
1226-8550
Language
English
URI
https://hdl.handle.net/10371/96470
Files in This Item:
Appears in Collections:

Altmetrics

Item View & Download Count

  • mendeley

Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.

Share