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International Finance

Multinational banks: They did not run away during the crisis Olivier Medjo 27 May 2010 Many commentators have called for regulation to prevent banks from becoming “too big to fail”. This column adds a cautionary note. A world with only small and domestic...

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Microeconomics

The impact of public guarantees on bank risk taking: Evidence from a natural experiment Olivier Medjo 27 March 2010 Public guarantees in the wake of the global crisis have been wide-spread. This column presents recent research on the effects of a 2001...

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Energy

How does the stock market respond to petrochemical disasters? Olivier Medjo 27 May 2010 As oil continues to spew from the wreck of BP’s Deepwater Horizon rig in the Gulf of Mexico, this column analyses the possible effect on the company’s share price....

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Development

Financial constraints and innovation: Why poor countries don't catch up Olivier Medjo 27 Mai 2010 How can poor countries stop playing catch up? The question continues to puzzle economists. This column argues that the innovative and productive activities...

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Financial Markets

An autopsy of the US financial system: Accident, suicide, or negligent homicide? Olivier Medjo - 25 May 2010 Many policymakers stress that the global crisis was caused by a series of unforeseen events and “suicidal” behaviour by market players. This column...

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