Conference – 2008
Lessons from the Financial Turmoil of 2007 and 2008
14–15 July 2008
The two-day conference examined the financial market turmoil
of 2007 and 2008 and the lessons that can be drawn for policy
makers across a number of dimensions. The papers and discussions
looked at the factors leading to the global financial market
turmoil and its effects on the financial system and the real
economy. There was an analysis of the role of disintermediation
and capital regulation and how best to encourage financial
innovation while mitigating risks. The role of central banks as
providers of liquidity was also addressed.
A volume, containing the conference papers and discussions, was
published on 31 October 2008.
To order a hard copy of the volume, please complete the
Publications Order Form.
Download the complete Volume [PDF 1M]
Contents
- Table of Contents [PDF 84K]
-
Introduction
[PDF 84K]
Paul Bloxham and Christopher Kent -
The Unfolding Turmoil of 2007–2008: Lessons and Responses
[PDF 159K]
Ben Cohen and Eli Remolona
Discussion [PDF 93K]
Richard Portes, Grant Spencer -
Financial Innovation: What Have We Learnt?
[PDF 95K]
Nigel Jenkinson, Adrian Penalver and Nicholas Vause
Discussion [PDF 95K]
Gerard Caprio, Paul Bide -
The Sub-prime Crisis: Causal Distortions and Regulatory Reform
[PDF 271K]
Adrian Blundell-Wignall and Paul Atkinson
Discussion [PDF 86K]
John Laker, Brian Cahill -
Liquidity, Financial Crises and the Lender of Last Resort –
How Much of a Departure is the Sub-prime Crisis?
[PDF 149K]
E Philip Davis
Discussion [PDF 67K]
Ian Harper -
Promoting Liquidity: Why and How?
[PDF 225K]
Jonathan Kearns and Philip Lowe
Discussion [PDF 81K]
Prasanna Gai -
Recent Developments in Federal Reserve System Liquidity and Reserve Operations
[PDF 169K]
Spence Hilton
Discussion [PDF 77K]
Donna Howard -
Wrap-up Discussion
[PDF 107K]
Satyajit Das and Malcolm Edey - Biographies of Contributors [PDF 98K]
- List of Conference Participants [PDF 68K]
