--%>
Assignment Help - homework help

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 : What is Liability Management Liability

    Liability Management: The procedure by which financial institutions balance outstanding liabilities, like deposits, CDs, and so on, with suitable liquidity reserves. Banks and other lenders employ liability management to decrease liquidity risks and u

    		•
  • Q : What is Account What is Account .

    What is Account. Explain briefly.

    		•
  • Q : Asset Owned by an entity, something

      Owned by an entity, something that provides benefits and whose cost can be measured. The measure of the value of assets in dollar appears on the

    		•
  • Q : Double taxation Specify some of the

    Specify some of the methods taxing authorities utilize to remove or diminish evil of double taxation?

    		•
  • Q : Payment method-Buy pound or investing

    When you have visited the London, you have purchased a Jaguar for £35,000, which is payable within the three months. Enough cash is there at your bank in the New York City that pays 0.35% of interest per month, compounding monthly, to pay for car. Presently, spo

    		•
  • Q : Firm Overview Midterm Project The

    Midterm Project The Midterm Project has two parts. First, using the fact pattern below, develop a list of five to eight goals for the law firm. A goal

    		•
  • Q : Contingent Liabilities Explain the term

    Explain the term Contingent Liabilities?

    		•
  • Q : Ppe Question 3 The following

    Question 3 The following information is taken from the financi al statements of an entity: 20x6 20x5 Property, plant and equipment $4,100,000 $3,600,000 Accumulated depreciation (1,400,000) (1,050,000) Depreciation expense 650,000 Gain on disposal of PPE 35,000 The asset disposed of had

    		•
  • Q : Comprehensive Project Please help me in

    Please help me in solving this requirement

    		•
  • Q : Monetary approach to determine exchange

    Derive and explain monetary approach in order to determine the exchange rate.

    		•