Sentences with phrase «systemic crisis»

It is therefore a global systemic crisis since it can not be reduced to just a financial accident but affects the underlying springs of world economic growth.
I'm talking about bank runs that are not part of systemic crises.
Be aware that the FDIC was designed to handle sporadic losses, not systemic crises.
Artemis Vega and Artemis Hedgehog seek to generate crisis - alpha and profit from periods of volatility dislocation and systemic crisis without the negative losses experienced by more traditional hedging products.
And I'm not talking about systemic crises and black swan events; insurance companies are anyway not built to handle systemic events when all policies pay out.
The resulting teacher supply crisis forms part of a wider systemic crisis, currently exacerbated by swingeing funding cuts.
This book takes on every major systemic crisis from the Tulip Bubble to the recent Housing / Banking crisis.
By the way in general such things like unavailability of deposits rarely happen in other circumstances than in cases of systemic crisis...
Based on its recitals, the Court concluded that it dealt «at least primarily» with the case of a failure of individual banks and not systemic crises (para 150).
The challenge for Quantum Dawn 2's victims was not only spotting a problem, but communicating with rivals, exchanges and government authorities to conclude that markets were in the throes of a systemic crisis and needed to be shut down.
What if a market shock were to morph into a systemic crisis?
Systemic crises are rare.
An extended inability to provide for seemingly endless choice would result in a systemic crisis, requiring the state to face down a populace suddenly confronted with the one unacceptable «choice» of restricted choices.
@Avi Well, what happened to AIG was a systemic crisis, where all credit default swaps were at risk of having to be paid out.
Yet would a Lehman failure have created a systemic crisis?
When there are many firms for which this is true, and they rely on each other's solvency, that creates a systemic crisis.
None of those 50 banks would be big enough to cause a systemic crisis.
The rating agency models give some benefit to lack of correlation in the business mix, but in a systemic crisis, there is greater correlation.
Only about 10 % were collateralized with riskier assets such as securitized subprime mortgages, not nearly enough to cause a systemic crisis, a very different conclusion than that of other researchers.
«Too big to fail» means that the government will bail out an entity to avoid a systemic crisis.
The inconvenient truth is that we face a problem beyond politics and reform, beyond good projects and initiatives and campaigns — ours is a systemic crisis at the very heart of our 21stcentury political - economy.
The Court started off by noting the magnitude of the «systemic crisis» experienced in Iceland which raised the question of whether, in such a situation, the defendant could be expected to ensure payment to depositors as foreseen by the Directive (para 117).
2) If the ratio of the Deposit Guarantee Directive is that it only comes into play when a single bank collapses and not in the event of a systemic crisis, why is it not clearly stated in its recitals?
Again, however, the provision could not be read as containing an obligation for a state to ensure compensation if a deposit - guarantee scheme failed «under exceptional circumstances such as in a systemic crisis» (para 147).
According to the EFTA Court, Article 7 did not, therefore, impose any obligation to ensure compensation if a deposit - guarantee scheme was unable to cope with its obligations in the event of a systemic crisis (para 144).
Could the EFTA Court not insist on its «systemic crisis» argument to suggest the economic situation in its decision was exceptional (see also para 47 of Hogan)?
The Court thus concluded that the Directive «does not envisage» that Iceland had itself to ensure payments to depositors of Icesave accounts in the Netherlands and the United Kingdom «in a systemic crisis of the magnitude experienced in Iceland» (para 178).
The case of a systemic crisis where this system would no longer work was not, however, addressed at all by the Directive (para 160).
For the EFTA Court, the Directive is only made for bankruptcies of individual banks, and therefore it is a normal consequence of a systemic crisis that deposit - guarantee schemes fail in such situations, leaving the depositors unprotected.
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