Now showing items 1-10 of 238
Asian and global financial crises : implications for East Asian regionalism
The consequences of the Asian and global financial crises for East Asian regionalism were divergent. This generated contrasting expectations of how regional institutions should respond. This in turn has led to ...
Detecting macroeconomic phases in the Dow Jones Industrial Average time series
In this paper, we perform statistical segmentation and clustering analysis of the Dow Jones Industrial Average (DJI) time series between January 1997 and August 2008. Modeling the index movements and log-index movements ...
Manila hostage tragedy : a lesson in crisis management
The hostage crisis in Manila took place in Quirino grandstand which commemorates the Philippine democratic struggle, and where elected heads of state take their vow of office, including President Benigno Aquino. ...
Rule of law or national security? : legal policy shifts under Obama
While the George W Bush administration was internationally vilified for applying legal double standards in its “war on terror”, President Barack Obama has been earnest in ensuring that US national security ...
Beyond petroleum : limits of risk management
The cost of the BP oil leak in the Gulf of Mexico has now surpassed the US$3bn mark. That may prove to be a drop in the ocean compared to what will come if governments, businesses and civil-society groups the world over ...
Pulp friction : southern environment or western agendas?
Campaigns against big pulp and palm oil producers in Indonesia appear to be driven by local activists on the ground. In reality, they are facilitated by huge budgets and shaped by agendas emanating from the West.
G20 Summit : the need to regulate short-termism
At the G20 summit coming up in Toronto on 26-27 June, leaders are expected to focus on how to avoid a repeat of the recent global financial crisis. However, the IMF’s recommendations fail to address a key issue -- ...
Optimal relativities and transition rules of a bonus-malus system
When a bonus–malus system with a single set of optimal relativities and a set of simple transition rules is implemented, two inadequacy scenarios are induced because all policyholders are subject to the same a posteriori ...
Re-examining diversity as a double-edged sword for innovation process
Existing results on the relationship between ethno-cultural diversity and innovation remain mixed. The authors argue that these inconsistencies were partly due to conceptual and empirical confusion regarding two aspects ...
Insured financial options
The purpose of this paper is to introduce the fundamental concept of option insurance into the practice of financial option market. Two starkly-dissimilar concepts of insurance and financial options are integrated into ...