...Research on Multinational Corporations Sarphatistraat 30 1018 GL Amsterdam The Netherlands Phone: 31-20-6391291 Fax: 31-20-6391321 Email: info@somo.nl... ...oduce it provided the source is acknowledged. We will appreciate if a copy of reproduced materials is sent to us. 4 Fixing Global Finance Contents Ac... ...pproach 114 Glossary 121-124 Bibliography 125-127 5 Fixing Global Finance List of Boxes 1. Understanding the Sub-Prime Mortgage Crisis 11-13 2. The R... ...mprehensive Economic Cooperation Agreement CIS Commonwealth of Independent States CRAs Credit Rating Agencies ECA Europe and Central Asia ECB European... ...mprehensive Economic Cooperation Agreement CIS Commonwealth of Independent States CRAs Credit Rating Agencies ECA Europe and Central Asia ECB European... ...ose Vehicle SWFs Sovereign Wealth Funds TNCs Transnational Corporations UK United Kingdom UN United Nations UNCTAD United Nations Conference on Trade ... ...id-2008, with the squeeze in liquidity and grow- ing concerns over counter-party risk and payment defaults. Banks were not willing to increase credit ... ... election campaign in Germany, Franz Muntefering, then Chair of the Social Democratic Party (SPD), described private equity firms as “locusts.” He sub... ...re relatively regulated, OTC contracts are informal agreements between two parties and therefore carry heavy risk. The Risks While financial derivativ...

...The financial crisis which erupted in mid-2007 has been widely viewed as the most serious financial crisis since the Great Depression of the 1930s. The crisis which originated in developed countries quickly spread to developi...

...1. The Unfolding of Global Financial Crisis 2. The Global Financial Crisis and Developing Countries 3. Recent Trends in International Finance and Developmental Implications 4. The Rise of New Global Pl...