The Macroprudential supervision in the aftermath of the 2008 global financial crisis: the US example /

Download

index.pdf

Date

2015

Author

Dervişler, Olgu

Metadata

Show full item record

Item Usage Stats

284
views

111
downloads

In 2008, the world economies have come across with a severe economic depression which is one of the biggest economic crises in the history. In the aftermath of the 2008 Global Financial Crisis, the role of the surveillance mechanisms on the provision of financial robustness and soundness has been discussed by many scholars. In this period, the significance of monitoring, assessing and controlling the systemic risk has been emphasized by the policymakers. On the other hand, it has become a current issue that strengthening policies and using macroprudential measures which are used to monitor the financial system in a holistic way would be important to provide financial stability. In the post-crisis period, in the US as a direct response to the crisis, new supervisory institutions have been established and a comprehensive Act named Dodd-Frank Wall Street Reform has been put into action. In order to promote financial stability and soundness, the US authorities have made structural changes to bring macroprudential approach in the market. In this thesis, the emergence of the macroprudential approach on the aversion of prospective financial crises will be examined in the US case in the aftermath of the 2008 Global Financial Crisis.

Subject Keywords

Financial crises., Global Financial Crisis, 2008-2009., Financial crises

URI

http://etd.lib.metu.edu.tr/upload/12619417/index.pdf
https://hdl.handle.net/11511/25140

Collections

Graduate School of Social Sciences, Thesis

Suggestions

OpenMETU
Core

Dependency redivivus: the relevance of dependency theory in understanding contemporary capitalism and the crisis in Europe / Savaş, Ayşe; Alpan, Başak Zeynep; Department of Political Science and Public Administration (2015) Following the 2008 Economic Crisis, it has become apparent that some countries, while they had been applauded to be developing for decades, were far from becoming part of the developed core of the capitalist world economy. While it was shelved during for the most of last thirty year, Dependency Theory proposes a good explanation for the situation of these countries. In this thesis, it was argued that contemporary capitalism and the post-2008 situation in Europe can be explained with Dependency Theory and th...
The Greek political elite and the European identity: impact of the debt crisis Çengel, Esra; Ünlü Bilgiç, Tuba; Department of European Studies (2018) This thesis aims to analyze the possible impact of the 2008 Greek Debt Crisis on the Greek elites’ perception of belonging to the European identity. It will argue that the 2008 Debt Crisis has negatively affected the Greek elites’ perception of identity. It is assumed that this negative change has been reflected in their discourses throughout the crisis. Therefore, this thesis will try to demonstrate the change through discourse analysis of the political elites’ speeches from 2002 to 2015. In doing so, it w...
Can Developing Countries Maintain Financial Stability after the Global Crisis? The Role of External Financial Shocks Cömert, Hasan (2018-01-01) The recent global turmoil severely affected some developing economies. However, in general, these nations survived the crisis with less damage compared with advanced countries. The majority of developing countries did not experience a financial system collapse. What were the main factors behind their relatively better performance? We argue that the main reason was the relatively moderate financial account shocks, in terms of both magnitude and duration, experienced by developing economies during the global ...
Can Financial Stability be Maintained in Developing Countries after the Global Crisis The Role of External Financial Shocks Cömert, Hasan (2014-01-01) In the recent global turmoil, even though some developing economies were severely affected, in general, developing countries survived the crisis with less damage than advanced countries. The majority of developing countries did not experience a financial system collapse. What are the main factors behind the solid performance of many developing countries in the recent crisis? This paper argues that the main reason is the fact that developing countries did not face a strong financial account shock, especially...
A Critical survey on four distinctive approaches over the causes of the recent global crisis Düzçay, Güney; Cömert, Hasan; Department of Economics (2013) This thesis aims to comprehend the causes of the global crisis of 2007/08 in a coherent way by elaborating on four distinctive approaches over the causes of the crisis. These approaches consist of financial system-related explanations, in which innovations, regulatory problems and incentives problem are focused on; monetary-policy-based explanations; global-imbalances-based explanations; and finally long-term structural-problems-based explanations. The main findings of this thesis are as follows. Financial ...

Citation Formats

O. Dervişler, “The Macroprudential supervision in the aftermath of the 2008 global financial crisis: the US example /,” M.S. - Master of Science, Middle East Technical University, 2015.