Open Access. Powered by Scholars. Published by Universities.®
- Discipline
-
- Social Policy (2565)
- Law (1981)
- Peace and Conflict Studies (1933)
- Public Administration (1922)
- Defense and Security Studies (1833)
-
- Sociology (1642)
- Business (1534)
- Political Science (1401)
- Economics (1325)
- Public Affairs (1275)
- Arts and Humanities (1127)
- Social Welfare (911)
- Economic Policy (909)
- Policy Design, Analysis, and Evaluation (868)
- Physical Sciences and Mathematics (812)
- Environmental Policy (716)
- Environmental Sciences (706)
- Medicine and Health Sciences (681)
- Health Policy (656)
- Education Policy (652)
- Education (616)
- Urban Studies (600)
- Social Work (569)
- History (563)
- Natural Resources Management and Policy (550)
- Psychology (516)
- Other Public Affairs, Public Policy and Public Administration (496)
- Institution
-
- James Madison University (1458)
- Walden University (1168)
- University of Massachusetts Boston (841)
- University of Colorado Law School (521)
- University of Nevada, Las Vegas (513)
-
- University of Nebraska - Lincoln (508)
- Grand Valley State University (422)
- Syracuse University (268)
- Washington University in St. Louis (257)
- Brigham Young University - Hawaii (242)
- Yale University (238)
- Georgetown University Law Center (215)
- University of Arkansas, Fayetteville (209)
- University of Southern Maine (206)
- Portland State University (199)
- National Defense University (165)
- City University of New York (CUNY) (159)
- Old Dominion University (154)
- Trinity University (105)
- University at Albany, State University of New York (104)
- American University in Cairo (101)
- Claremont Colleges (98)
- Western Michigan University (94)
- Binghamton University (91)
- San Jose State University (82)
- University of Denver (80)
- University of the Philippines Los Baños (77)
- University of Kentucky (74)
- Boise State University (71)
- SIT Graduate Institute/SIT Study Abroad (67)
- Keyword
-
- DDAS (849)
- AP (633)
- Excavation (371)
- Afghanistan (340)
- ERW Clearance (263)
-
- Public policy (243)
- Policy (240)
- United States (240)
- Advocacy and International Law (227)
- Nevada (220)
- Centers and Organizations (192)
- Missed mine (177)
- PMN (171)
- GICHD (168)
- Massachusetts (163)
- Colorado (157)
- Mine Action (154)
- Workforce (144)
- Education (126)
- Public Policy (124)
- Maine (122)
- Poverty (116)
- COVID-19 (115)
- Climate change (115)
- Cambodia (114)
- 1997 (112)
- Homelessness (112)
- California (110)
- Mountain West (109)
- Arizona (105)
- Publication Year
- Publication
-
- Global CWD Repository (1442)
- Walden Dissertations and Doctoral Studies (1145)
- The Foundation Review (422)
- New England Journal of Public Policy (381)
- Pacific Studies (242)
-
- Center for Policy Research (210)
- Murray Weidenbaum Publications (191)
- Joint Force Quarterly (163)
- Journal of Financial Crises (154)
- Other QIC-WD Products (139)
- University of Nebraska Public Policy Center: Publications (137)
- Theses and Dissertations (125)
- Tipití: Journal of the Society for the Anthropology of Lowland South America (105)
- Torch: The Civil Rights Team Project Newsletter (96)
- School Choice Demonstration Project (89)
- UNLV Theses, Dissertations, Professional Papers, and Capstones (87)
- Umbrella Summaries (85)
- Dissertations and Theses (84)
- Graduate Theses and Dissertations (83)
- The Politic (78)
- Georgetown Law Faculty Publications and Other Works (75)
- Gobernar: The Journal of Latin American Public Policy and Governance (73)
- Legacy Theses & Dissertations (2009 - 2024) (73)
- The Journal of Sociology & Social Welfare (65)
- Economic Development & Workforce (64)
- Social Policy Institute Research (63)
- CPAf Updates (62)
- English Department: Research for Change - Wicked Problems in Our World (60)
- Publications and Research (60)
- Independent Study Project (ISP) Collection (55)
- Publication Type
- File Type
Articles 1951 - 1980 of 11029
Full-Text Articles in Public Policy
Impact Of Resilience On Quality Of Life In Spinal Cord Injured Clients, Crystal D. Glover
Impact Of Resilience On Quality Of Life In Spinal Cord Injured Clients, Crystal D. Glover
Walden Dissertations and Doctoral Studies
Abstract Impact of Resilience on Quality of Life in Spinal Cord Injured Clients by Crystal D. Glover
MSM, Troy University, 2006BSN, University of North Carolina at Greensboro, 1995
Dissertation Submitted in Partial Fulfillment of the Requirements for the Degree of Doctor of Philosophy Public Health
Walden University August 2023
Governance From Below: Decentralization, Innovation, And Disaster Management In East Asia, Fatemah Muneer Nawabdin
Governance From Below: Decentralization, Innovation, And Disaster Management In East Asia, Fatemah Muneer Nawabdin
Graduate Theses, Dissertations, and Problem Reports (ETD)
Research on decentralization has emphasized that the distribution of power between the national and local levels has different effects on various outcomes. This dissertation aims to contribute to this discussion by shedding light on the three types of decentralization (political, fiscal, and administrative) and their effect on two main outcomes: the production of technological and intellectual innovation and COVID-19 management. I argue that decentralization – including its three types – works differently under different conditions, resulting in different outcomes. That is, fiscal and administrative decentralization empower local decision-makers to make autonomous decisions, which can be beneficial for promoting innovation, but …
A Case Study Of Joint Accountability Mechanism And Interorganizational Collaboration In Post-Earthquake Haiti, Jude J. Jean-Gilles
A Case Study Of Joint Accountability Mechanism And Interorganizational Collaboration In Post-Earthquake Haiti, Jude J. Jean-Gilles
Walden Dissertations and Doctoral Studies
Abstract: The earthquake that hit Haiti on January 12, 2010, caused massive destruction of its capital city Port-au-Prince and its suburbs and killed over a quarter of million people. The recovery period that followed required effectiveness to plan and mobilize resources. The magnitude of the destruction, lack of local recovery plans or previous disaster experience, and scarcity of local resources inspired the creation of the Interim Haiti Recovery Commission (IHRC), a compilation of local and international stakeholders who agreed to collaboratively address the recovery challenges. Several studies have examined post-earthquake recovery initiatives under the leadership of local governments, but having …
Space Debris Mitigation: A Unified Policy Framework, Forrest Randall Jones
Space Debris Mitigation: A Unified Policy Framework, Forrest Randall Jones
Walden Dissertations and Doctoral Studies
Space debris is a growing problem that impacts the ability to maneuver and conduct space missions, creates hazards for people on Earth, and has the potential for severe environmental damage. Clean-up efforts are not viable in the modern era due to a lack of viable, affordable, and safe technology conducive to such lines of effort. This leaves mitigative and preventative policy measures as the most effective way to proffer a solution to the problem. Public policy has largely failed to address space debris mitigation effectively due to the fragmentation of policies standards and a lack of horizontal integration of policies …
Food Safety And Free Trade Area In East Africa, Diana Ogwal Akullo
Food Safety And Free Trade Area In East Africa, Diana Ogwal Akullo
Walden Dissertations and Doctoral Studies
Africans experience high incidences of foodborne diseases annually leading to poor public health, yet there is limited information on implementation of food laws in Uganda, Ethiopia, and Kenya from the perspectives of public officials with knowledge of and experience with implementing food laws, policies, and regulations to inform policy on food security and safety and help mitigate foodborne diseases and associated trade concerns between countries. The study’s research question involved identifying the perceptions of public officials on the impact of food laws on the food safety delivery systems in Uganda, Ethiopia, and Kenya. The study applied complex adaptive system theory …
U.S. Senate And House Perspectives On Missile Defense Systems Opposed By Russia And China, Constance Valarie Baroudos
U.S. Senate And House Perspectives On Missile Defense Systems Opposed By Russia And China, Constance Valarie Baroudos
Walden Dissertations and Doctoral Studies
The United States and its allies and partners have deployed three missile defense systems to protect against Iranian and North Korean missile threats: the European Phased Adaptive Approach, Terminal High Altitude Area Defense, and Ground-based Missile Defense. Russia and China oppose these systems because they view them as undermining their strategic interests. The purpose of the present study was to better understand the perspectives of Senate and House Armed Services Committee HASC members about the three missile defense systems in congressional hearings. The three models of the congressional behavior model, the preference, simple party, and asymmetric categories, and neorealism and …
Businesses Supposedly Held The Key To The Ada, But They Dropped The Ball: Can Marketing Be The Shot In The Arm America Needs To Bring The Spirit Of The Ada Back To Life?, Elizabeth T. Gratz
Businesses Supposedly Held The Key To The Ada, But They Dropped The Ball: Can Marketing Be The Shot In The Arm America Needs To Bring The Spirit Of The Ada Back To Life?, Elizabeth T. Gratz
Graduate Theses, Dissertations, and Problem Reports (ETD)
This research investigates the historical and current focus of the field of marketing on the disability community and considers whether marketers can positively impact attitudes toward the group through their firm media content. My first essay uses the Rocky Road to Policy Pavers model to discuss the importance of this large and underserved consumer group, and highlights several opportunities for the marketing community to reduce existing barriers to disabled consumers in the marketplace. One way that marketers can reduce stigma and improve attitudes toward the disability community is by strategically portraying individuals with disabilities in their firm media content. My …
Voices, Stories And Experiences Of Black Women: Informing The Establishment Of A Trenton-Based Maternal And Infant Health Innovation And Research Center, Tirzah R. Spencer Phd, Mph, Barbara George Johnson Mph, J.D., Consuelo Bonillas
Voices, Stories And Experiences Of Black Women: Informing The Establishment Of A Trenton-Based Maternal And Infant Health Innovation And Research Center, Tirzah R. Spencer Phd, Mph, Barbara George Johnson Mph, J.D., Consuelo Bonillas
Center for Health Policy Development
The establishment of a Maternal and Infant Health Innovation and Research Center is one of nine recommendations outlined by the 2021 Nurture NJ Strategic Plan to reduce maternal and infant mortality and morbidity and ensure equity in care and in outcomes for mothers and infants of all ethnic groups. The purpose of this environmental scan is to provide input for the design of a Maternal and Infant Health Innovation and Research Center within Trenton.
Building on the Nurture NJ Initiative, this project is a deeper dive in its focus on Black and Latina women living in Trenton and surrounding areas. …
“Model Minorities” In The Classroom? Positive Evaluation Bias Towards Asian Students And Its Consequences, Ying Shi, Maria Zhu
“Model Minorities” In The Classroom? Positive Evaluation Bias Towards Asian Students And Its Consequences, Ying Shi, Maria Zhu
Center for Policy Research
The fast-growing demographic group of Asian Americans is often perceived as a “model minority.” This paper establishes empirical evidence of this stereotype in the context of education and then analyzes its consequences. We show that teachers rate Asian students’ academic skills more favorably than observationally similar White students in the same class, even after accounting for test performance and behavior. This contrasts with teachers’ lower likelihood of favoring Black and Hispanic students. Notably, teachers respond to the presence of any Asian student in the classroom by exacerbating Black-White and Hispanic-White assessment gaps. This suggests that the “model minority” stereotype can …
“Cuando Crezca, Quiero Ser Fotógrafo”: Caminos De La Producción Audiovisual De Kamikia Kisêdjê, Rodrigo Lacerda, Ximena Flores Rojas, Tatiane Maíra Klein
“Cuando Crezca, Quiero Ser Fotógrafo”: Caminos De La Producción Audiovisual De Kamikia Kisêdjê, Rodrigo Lacerda, Ximena Flores Rojas, Tatiane Maíra Klein
Tipití: Journal of the Society for the Anthropology of Lowland South America
Entrevista con Kamikia Kisêdjê.
Robust Dynamic Space-Time Panel Data Models Using Ε- Contamination: An Application To Crop Yields And Climate Change, Badi H. Baltagi, Georges Bresson, Anoop Chaturvedi, Guy Lacroix
Robust Dynamic Space-Time Panel Data Models Using Ε- Contamination: An Application To Crop Yields And Climate Change, Badi H. Baltagi, Georges Bresson, Anoop Chaturvedi, Guy Lacroix
Center for Policy Research
This paper extends the Baltagi et al. (2018, 2021) static and dynamic ε-contamination papers to dynamic space-time models. We investigate the robustness of Bayesian panel data models to possible misspecification of the prior distribution. The proposed robust Bayesian approach de-parts from the standard Bayesian framework in two ways. First, we consider the ε-contamination class of prior distributions for the model parameters as well as for the individual effects. Second, both the base elicited priors and the ε-contamination priors use Zellner (1986)’s g-priors for the variance-covariance matrices. We propose a general “toolbox” for a wide range of specifications which includes the …
Movements In C Minor: Vocal Soundscapes In Eastern Amazonia (Araweté), Guilherme Orlandini Heurich
Movements In C Minor: Vocal Soundscapes In Eastern Amazonia (Araweté), Guilherme Orlandini Heurich
Tipití: Journal of the Society for the Anthropology of Lowland South America
This article examines the capture of forest spirits through music in the Anĩ pihi speech-songs of the Araweté, a small Amerindian society in Eastern Amazonia, Brazil. The Anĩ pihi are unique in their combination of spoken and sung forms, in which spirits and divinities are voiced by a ritual specialist. I explore how particular sounds index the presence of different kinds of others (gods and spirits), and how these sounds are, in turn, related to the use of reported speech – in other words, how others talk about other others in sung form. As such, the Anĩ pihi are a …
The Fiscal Sustainability Of Retiree Health Care Benefits Among New York State School Districts, Robert Bifulco, Minch Lewis, Iuliia Shybalkina
The Fiscal Sustainability Of Retiree Health Care Benefits Among New York State School Districts, Robert Bifulco, Minch Lewis, Iuliia Shybalkina
Center for Policy Research
We examine spending on retiree health care as a percentage of revenues for a sample of New York State school districts. The fiscal burden of these benefits grew from 2010 to 2021, and big city school districts have faced the largest burdens. Assuming CBO forecasts regarding growth in health care costs and continuation of recent trends in revenue growth, we project that the burden of retiree health care benefits will exceed 10 percent of revenue by 2050. Projected burdens are greatest big city and high need rural districts. We discuss cutting benefits and pre-funding as possible policy responses.
Camaraderie, Mentorship, And Manhood: Contemporary Indigenous Identities Among The A’Uwẽ (Xavante) Of Central Brazil, James R. Welch
Camaraderie, Mentorship, And Manhood: Contemporary Indigenous Identities Among The A’Uwẽ (Xavante) Of Central Brazil, James R. Welch
Tipití: Journal of the Society for the Anthropology of Lowland South America
Rites of passage and associated social processes and configurations can foster a sense of shared purpose, fraternity, and dedication to community through common experiences of group trials and commitment. A’uwẽ (Xavante) age organization entails the social production of manhood through a privileged form of male camaraderie constructed through age sets and mentorship, rooted in the shared experience of rites of passage and coresidence in the pre-initiate boys’ house. This process is central to how A’uwẽ men understand themselves, their social relations with certain delineated segments of society, and their ethnic identity. It is a basic social configuration contributing to the …
Lessons Learned: Kevin Stiroh, Mercedes Cardona
Lessons Learned: Kevin Stiroh, Mercedes Cardona
Journal of Financial Crises
Kevin Stiroh was head of the Financial Sector Analysis Supervision Group at the Federal Reserve Bank of New York (FRBNY) during the Global Financial Crisis of 2007–2009 (GFC). At the FRBNY, Stiroh was a leader in the design of the “stress test” for the banking system, the Supervisory Capital Assessment Program (SCAP). In the aftermath of the GFC, members of the FRBNY, including Stiroh, drafted a report on systemic risk and bank supervision, laying out lessons learned from the crisis and their recommendations. In February 2021, Stiroh transitioned from the FRBNY to a leadership position with the Federal Reserve Board …
Lessons Learned: Gaurav Vasisht, Sandra Ward
Lessons Learned: Gaurav Vasisht, Sandra Ward
Journal of Financial Crises
Gaurav Vasisht served as assistant counsel, banking and financial services, to the governor of New York during the Global Financial Crisis of 2007–2009 (GFC). In his role, Vasisht set the governor’s agenda for banking and financial policy and oversaw the regulatory and legislative priorities of the state banking and insurance departments. Vasisht played a pivotal role in developing and drafting consumer protection legislation, particularly as it related to housing foreclosures at the time of the crisis. This Lessons Learned is based on an interview with Vasisht that occurred on September 27, 2019.
Lessons Learned: Erik Sirri, Mercedes Cardona
Lessons Learned: Erik Sirri, Mercedes Cardona
Journal of Financial Crises
Erik Sirri served as director of the Division of Trading and Markets at the US Securities and Exchange Commission (SEC) from 2006 to 2009. In his post, he was responsible for matters relating to the regulation of stock and option exchanges, national securities associations, brokers-dealers, clearing agencies, transfer agents, and credit rating agencies. Before joining the SEC in 1996, he was an assistant professor of finance at the Harvard Business School from 1989 to 1995. Sirri served as the SEC’s chief economist until 1999, before returning to academia. He is currently a professor of finance at Babson College. His research …
Lessons Learned: Veerathai Santiprabhob, Maryann Haggerty
Lessons Learned: Veerathai Santiprabhob, Maryann Haggerty
Journal of Financial Crises
Veerathai Santiprabhob was the governor of the Bank of Thailand from 2015 to 2020, a period that included the onset of the COVID-19 pandemic. Earlier in his career, he was an economist at the International Monetary Fund. At the time of the 1997–1998 Asian Financial Crisis, he returned to his home country to take a position at the Ministry of Finance. There, he was involved with the government response to that financial crisis. From 2000 to 2015, he held private-sector finance jobs before going to lead the Bank of Thailand. This Lessons Learned is based on an interview with Santiprabhob …
Lessons Learned: Claudia Sahm, Mercedes Cardona
Lessons Learned: Claudia Sahm, Mercedes Cardona
Journal of Financial Crises
Claudia Sahm was a principal economist in the Division of Research and Statistics of the Board of Governors of the Federal Reserve System from 2007 to 2017 and section chief for the Consumer & Community Development section in the Division of Consumer and Community Affairs from 2017 to 2019. Her work focused on macro forecasting; she also researched household behavior and responses to fiscal stimulus. While at the Fed, she proposed the Sahm Rule, a gauge to call the start of a recession, based on an average of the unemployment rate. The rule is part of Sahm’s work on the …
Lessons Learned: Hiroshi Nakaso, Maryann Haggerty
Lessons Learned: Hiroshi Nakaso, Maryann Haggerty
Journal of Financial Crises
Hiroshi Nakaso joined the Bank of Japan (BOJ) in 1978, rising to deputy governor in 2013. He was instrumental in addressing Japan’s domestic crisis of 1997 and its response to the Global Financial Crisis (GFC). He retired from the bank in 2018 and has since served as chairman of the Daiwa Institute of Research in Tokyo. This Lessons Learned summary is based on a November 2021 interview with Nakaso
Lessons Learned: Deborah Perelmuter, Mercedes Cardona
Lessons Learned: Deborah Perelmuter, Mercedes Cardona
Journal of Financial Crises
Deborah Perelmuter has spent more than three decades with the Federal Reserve System. In 2008, as senior vice president at the Federal Reserve Bank of New York (FRBNY) and co-head of Capital Markets Analysis and Trading (CMAT) within the Markets Group, she was tasked with setting up the operational details of the Term Securities Lending Facility (TSLF). The TSLF auctioned Treasury securities to primary dealers in exchange for less liquid collateral to provide liquidity to those firms during the Global Financial Crisis of 2007–2009. Perelmuter became senior financial stability adviser within the office of the director in the FRBNY’s Research …
Lessons Learned: Patrick Honohan, Maryann Haggerty
Lessons Learned: Patrick Honohan, Maryann Haggerty
Journal of Financial Crises
Patrick Honohan, an economist, was governor of the Central Bank of Ireland and a member of the Governing Council of the European Central Bank (ECB) from September 2009 until November 2015. Early in his tenure, he led a team that investigated the causes of the Irish banking crisis that broke out in 2008 during the Global Financial Crisis. Resolving the problems of bank failure and over-indebtedness that emerged in that crisis dominated his term of office. In late 2010, Ireland had to request financial assistance from the “troika” of the International Monetary Fund (IMF), the European Commission, and the European …
Lessons Learned: Mike Leahy, Yasemin Sim Esmen
Lessons Learned: Mike Leahy, Yasemin Sim Esmen
Journal of Financial Crises
Mike Leahy was associate director at the Federal Reserve Board’s Division of International Finance between 2008 and 2010. He was instrumental in establishing swap lines with foreign central banks and reviewed and reported on excess reserve balances and required interest payments to depository institutions. This Lessons Learned is based on a phone interview with Leahy on October 22, 2020.
Lessons Learned: Andrew Gray, Mercedes Cardona
Lessons Learned: Andrew Gray, Mercedes Cardona
Journal of Financial Crises
Andrew Gray joined the FDIC in 2007, after having been majority director of communications for the US Senate Committee on Banking, Housing, and Urban Affairs and press secretary for US Senator Richard C. Shelby (R–AL). Gray’s initial project was a campaign to mark the 75th anniversary of the creation of the Federal Deposit Insurance Corporation (FDIC); his role evolved into running crisis communications as the FDIC stepped in during several bank failures triggered by the Global Financial Crisis (GFC) and conducted 489 bank resolutions during 2008–2013. After the crisis, the FDIC also assumed new responsibilities over the winding down of …
Thailand: Reserve Requirements, Afc, Ezekiel Vergara, Corey N. Runkel
Thailand: Reserve Requirements, Afc, Ezekiel Vergara, Corey N. Runkel
Journal of Financial Crises
Following years of growth, the Thai economy began showing confidence-busting signs in 1996, including a liquidity crunch. In May 1997, the Bank of Thailand (BOT) announced that it would expand the list of short-term assets that banks and finance companies could use to satisfy the BOT’s liquidity reserve requirement, including obligations of the Financial Institution Development Fund (FIDF), which provided liquidity support to illiquid financial institutions. In the summer of 1997, the BOT suspended the operations of 58 finance companies and floated the Thai baht (THB), unleashing the Asian Financial Crisis (AFC). Tight liquidity conditions continued and, in September 1997, …
Venezuela: Reserve Requirements, Gfc, Corey N. Runkel
Venezuela: Reserve Requirements, Gfc, Corey N. Runkel
Journal of Financial Crises
Leading up to the Global Financial Crisis (GFC), the Banco Central de Venezuela (BCV) sought to tamp down inflation by raising its interest rate target and by raising the marginal reserve requirement for banks, which it had introduced in 2006. By late 2008, the GFC began to hit Venezuelan banks and the country’s public oil producer (PDVSA). Widespread deposit withdrawals squeezed banks and pushed the interbank lending rate to 28%. The BCV responded in December 2008 by lowering the marginal reserve requirement, applicable to deposits above 90 billion bolívars (USD 4.2 million), from 30% to 27% of deposits. It held …
Russia: Reserve Requirements, Gfc, Benjamin Hoffner
Russia: Reserve Requirements, Gfc, Benjamin Hoffner
Journal of Financial Crises
In August 2008, Russian banks and financial markets experienced significant capital outflows after Russia invaded neighboring Georgia. The collapse of Lehman Brothers on September 15 led to further outflows and a 25% drop in Russia’s main stock index. On September 17, regulators halted stock-market trading. Later that day, the Central Bank of the Russian Federation (CBR) announced cuts to the three required reserve ratios (RRRs) it imposed on commercial banks—based on their ruble liabilities to foreign banks, ruble liabilities to individuals, and other liabilities—by 400 basis points, effective September 18, in an effort to promote banking sector liquidity. The CBR …
Peru: Reserve Requirements, Gfc, Sean Fulmer, Bailey Decker
Peru: Reserve Requirements, Gfc, Sean Fulmer, Bailey Decker
Journal of Financial Crises
Peru experienced the Global Financial Crisis of 2007–2009 (GFC) in two distinct phases. First, starting in the summer of 2007, record capital inflows to the Peru banking sector contributed to an overheating economy. The Banco Central de Reserva del Perú (BCRP) responded in September 2007 by removing reserve requirements on long-term external credit to promote long-term, rather than short-term, capital inflows. In February 2008, for similar reasons, it began to raise the ordinary minimum reserve requirement on bank liabilities and implemented new marginal reserve requirements on increases in those liabilities. Second, when the collapse of the US investment bank Lehman …
Russia: Reserve Requirements, 1998, Benjamin Hoffner
Russia: Reserve Requirements, 1998, Benjamin Hoffner
Journal of Financial Crises
During the 1998 ruble crisis, the Central Bank of the Russian Federation (CBR) relied on reserve requirements (RR) to bring stability to the ruble’s exchange rate corridor and, over time, to inject liquidity into the frozen domestic banking system. First, in February 1998, the CBR unified the RR ratio on ruble and foreign currency liabilities to facilitate ruble financing. Second, after the devaluation of the ruble in August, the CBR lowered the RR ratio to provide liquidity to the banking system. Third, the CBR revised the computation of the RR ratio to provide relief to banks in an effort to …
Malaysia: Reserve Requirements, Afc, Bailey Decker
Malaysia: Reserve Requirements, Afc, Bailey Decker
Journal of Financial Crises
Bank Negara Malaysia (BNM) unpegged the ringgit in July 1997, days after Thailand floated the baht. Ringgit depreciation and adverse investor sentiment worsened, contributing to a domestic liquidity shortage and capital flight. Malaysia experienced market instability in the early months of 1998, particularly pressure on its exchange rate, foreign currency reserves, and interest rates. At the same time, disruptions in the domestic money market and loan intermediation process caused an increase in lending rates, which resulted in debt servicing problems and weakened financial stability. To facilitate lending and productive economic activity, BNM twice lowered the statutory reserve requirement (SRR) at …