Global Financial Crisis and Its Ramifications on Capital Markets: Opportunities and Threats in Volatile Economic Conditions

Front Matter....Pages i-xix
Front Matter....Pages 1-1
The 2008–2009 Financial Crisis in Historical Context....Pages 3-17
Global Economy at Turmoil....Pages 19-26
International Financial Centers After the 2008–2009 Global Financial Crisis....Pages 27-42
Economic Crisis and the Changes in Functioning of International Financial Institutions: The Case of European Developing Countries....Pages 43-52
Deindustrialization, Public Debts and Euro Crisis....Pages 53-65
Public Debt Management in Developed Economies During the Crisis....Pages 67-77
Fiscal Framework Changes in European Monetary Union Before and After Sovereign Debt Crisis....Pages 79-94
The Impact of the Eurozone Crisis on Turkish Foreign Trade....Pages 95-105
Regulating Financial Markets After the Global Crisis....Pages 107-121
Fiscal Sustainability in the G-7 Countries....Pages 123-133
Monetary Coordination and Regulation Policies of Spillover Effects on Asset Dynamics....Pages 135-146
Is the Link Between the Real and Financial Sectors Affected by Mechanism of Governance? A Cross-Country Analysis in Asia....Pages 147-162
Front Matter....Pages 163-163
External Financial Conditions and Slower Growth in Emerging Economies: 2013–2015....Pages 165-174
Mortgaging the Future? Contagious Financial Crises in the Recent Past and Their Implications for BRICS Economies....Pages 175-190
Assessment of Financial Stability in Emerging Economies: Evidence from Nigeria....Pages 191-207
Emerging Market Economies and International Business Cycle Fluctuations....Pages 209-224
Financial Conditions Index as a Leading Indicator of Business Cycles in Turkey....Pages 225-239
Feasibility of Financial Inclusion Mission in India Under Reform and Global Financial Crisis....Pages 241-258
Renewable Energy Financing with a Sustainable Financial System Following the 2008 Financial Crisis in Developing Countries....Pages 259-274
The Impact of Russian Economy on the Trade, Foreign Direct Investment and Economic Growth of Turkey: Pre- and Post-Global Financial Crisis....Pages 275-286
Front Matter....Pages 163-163
Export Diversification in Emerging Economies....Pages 287-296
Equity and Debt Financing Strategies to Fuel Global Business Operations During Crisis....Pages 297-319
Front Matter....Pages 321-321
Stock Market Development and Economic Growth: The Case of MSCI Emerging Market Index Countries....Pages 323-336
Turkish Banking System: Maturing with Crises....Pages 337-345
Investigating the Relationship Between Liquidity and Financial Performance in Turkish Banking Sector: A Pre and Post 2008 Financial Crisis Assessment....Pages 347-369
Market Risk Instruments and Portfolio Inflows in African Frontier Economies....Pages 371-386
The Systemic Benefits of Islamic Banking and Finance Practices: A Comparative Study....Pages 387-400
Determinants of the Credit Risk in Developing Countries After Economic Crisis: A Case of Turkish Banking Sector....Pages 401-415
Credit Risk Evaluation of Turkish Households Aftermath the 2008 Financial Crisis....Pages 417-430
International Credit Default Swaps Market During European Crisis: A Markov Switching Approach....Pages 431-443
Does Reputation still Matter to Credit Rating Agencies?....Pages 445-458
Price Fluctuations in Econophysics....Pages 459-474
Forecasting Emerging Market Volatility in Crisis Period: Comparing Traditional GARCH with High-Frequency Based Models....Pages 475-492
Calendar Anomalies in Stock Markets During Financial Crisis: The S&P 500 Case....Pages 493-506
Day of the Week Effect in the Stock Markets of Fragile Five Countries After 2008 Global Financial Crisis....Pages 507-518
Market Volatility, Beta, and Risks in Emerging Markets....Pages 519-535
Front Matter....Pages 537-537
The Relationship Between Firm Size and Export Sales: Sector or Size, What Matters?....Pages 539-554
The Relationship Between Economic Development and Female Labor Force Participation Rate: A Panel Data Analysis....Pages 555-568
The Impact of the 2008–2009 Global Financial Crisis on Employment Creation and Retention in the Platinum Group Metals (PGMs) Mining Sub-sector in South Africa....Pages 569-585
The Effects of the Crisis on Nautical Tourism: An Analysis of the Italian Situation Regarding Port Features, Linked Economic Activities and Taxation....Pages 587-601
Front Matter....Pages 537-537
Shipbuilding in Italy at the End of the Crisis: Is There a Road to Recovery?....Pages 603-614
Life Insurance Reforms and Capital Formation Development: Lessons for Nigeria....Pages 615-641
Innovation During and Beyond the Economic Crisis....Pages 643-659