Archive for March 18th, 2011

Carnivorous lions and herbivorous Asians: how the recession has made a case for leadership in Asia

March 18, 2011

THis is the title of this speech by by Tan Sri Andrew Sheng, a leading policymaker and thinker from Hong Kong.

He first lists various causes of the crisis and many blames the US financial industry and its distorted incentives. On Bernanke’s global imbalances debate he says:

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Interest rate spreads on loans are very good predictors of loan default risk…

March 18, 2011

Here is an interesting interview of one of the leading U.S. banking scholar.

He talks about evrything from Great Depression to the current crisis and the policies after the crisis:

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How public perceives corruption? Case of Sweden

March 18, 2011

This paper from Jonas Linde & Gissur Ó Erlingsson is an absolute surprise.

Sweden is a country which is ranked tops in governance and corruption rankings, meaning relatively a clean country. Infact by some measures the cleanest country by some measures.

This paper says reality is different. There have been some recent cases of corruption in Sweden. THis has led to a larger % of people believing that Sweden is corrupt and public officials work for their own gains. Moreover, you need to know them to get your work done….

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