Macroeconomic Financial Risk Management in an Open Economy

Author: Lu Jinquan
Publisher:
Publish Date: 2002-04-01
Features: The main issues studied in Volume 1 include: , the origin of crises, which refers to the macroeconomic mechanisms behind crisis occurrences. Addressing the two prevailing crisis origin theories currently debated in the academic community, second, the evolution of crises in financial markets, i.e., the microeconomic mechanisms that lead to crisis formation. Third, the transmission of currency crises to both domestic and foreign economies. Volume 2 explores several aspects, including the causes of bank system risks, prevention measures, and bank restructuring. The book analyzes the franchise value of banks, as well as the standards for measuring franchise value, the reasons for the decline in bank franchise value, and how to maintain it.