--%>

Measures to avoid financial crisis

In integrated world financial market, financial crisis in country is rapidly transmitted to the other countries, resulting in the global crisis. State some of the measures would you propose in order to avoid the recurrence of the Asia-type crisis.

E

Expert

Verified

Firstly, there will be multinational safety net in order to preserve the financial system of the world from such Asia-type crisis. Secondly, the international institutions such as World Bank and IMF are supposed to monitor the countries in the problematic situations more closely and offer timely guidance to such countries. These countries are needed to completely reveal the financial and the economic information in order that such devaluation surprises may be avoided. Thirdly, countries must depend more over the domestic savings and  on the long-term foreign investments, instead of the short-term portfolio capital. 

   Related Questions in Financial Accounting

  • Q : Accouning Required parts are clearly

    Required parts are clearly describes at the end of the questions and additional resource contains the journal article related to question three.. Approx 2000 word assignment.. First Question is of not more than 1000 words to make memorandum and its example is given at end of assignment and require

  • Q : Case study of an economic and labour

    The woman in the dark suit (serious women always wear black suits) leafed through the papers on her desk. She was a fund manager and she was nearing the deadline for an investment decision by one of her leading clients, who wanted to invest in sovereign bonds in a dev

  • Q : Free international trade in goods and

    Explain, how economic well-being of a country is improved through free international trade in the goods and services?

  • Q : Workings and nature of the financial

    Assume that you are really interested in investing in the shares of Nokia Corporation of Finland that is a world leader in the wireless communication. However, before making the investment decision, you might like to learn about company. Take a look of the website of

  • Q : Bankruptcy A legal process that allows

    A legal process that allows a debtor, either a person or a business, to redundant some or all of the debt. The normal process involves selling asset and using the proceeds to pay off creditors in an order and/or in an amount determined by a judge. Some types of bankru

  • Q : Psychological Health Psychological

    Psychological Health: The employees have noted in their survey feedbacks that their peer relations are based on trust and are healthy. But the nature of work is such that they see lot of suffering. Their interaction with clients at times is not health

  • Q : Link financial accounting and

    is there a link between financial accounting and programmed decision

  • Q : What do you mean by the term Entry What

    What do you mean by the term Entry in Accountancy?

  • Q : Security returns Security returns are

    Security returns are found to be less correlated across various countries rather than within the country. Explain Why?

  • Q : Phenomenon of pricing-to-market

    Describe the phenomenon of pricing-to-market.