From Hubris to Disgrace: The End of Finance as we Know it…
By Mark Esposito and Terence Tse
In this article, Mark Esposito (co-editor with O’Sullivan and Allington of the book From Hubris to Disgrace) and Terence...
Natural Disasters, Bank Damages, and Firm Activities
By Kaoru Hosono and Daisuke Miyakawa Below Kaoru Hosono and Daisuke Miyakawa examine the impacts of financial shocks arising from two earthquakes in
Putting Executive Pay in Context
By David De Cremer
Before the financial crisis executive pay in the finance sector had skyrocketed; bonuses were no longer given to reward hard and...
Leverage For Good: The New World of Social-Purpose Finance
By Lester M. Salamon
A revolution is underway on the frontiers of philanthropy. New charitable models hold the promise of leveraging for social and environmental...
How Will China Rebalance?
By Michael Pettis
China urgently needs to rebalance its economy, but how it chooses to do so should not be constrained by undue focus on...
Shadow Bankers Fight a Losing Battle in China
By Joe Zhang
“If President Xi Jinping wants Chinese people to realise their own ‘China dream’, he must tame the credit monster. Shadow banking is...
The Hidden Advantage of Chinese Subsidies
By Usha C. V. Haley and George T. Haley
How did China move so swiftly in capital-intense industries without labour-cost or scale advantage from bit...
The Rise of the Petroyuan and the Slow Erosion of Dollar Hegemony
By Flynt Leverett and Hillary Mann Leverett
For seventy years, one of the critical foundations of American power has been the dollar’s standing as the...
EU Post-Crisis Resilience and Fragility: Collateral Damage or Global Recovery
By Irene Finel-Honigman
There is a perception of steady economic recovery across the post-sovereign debt crisis within the European Union (EU) and the Eurozone....
The Bubble Economy: Is Suitable Growth Possible?
By Robert U Ayres
How can risk spreading from the bankers to their customers or the taxpayers be reversed? Below, Robert U Ayres argues that...




































































