Securitization and De-securitization: Turkey-Syria Relations since the Syrian Crisis
نویسندگان
چکیده
منابع مشابه
Incentive Roots of the Securitization Crisis and Its Early Mismanagement
Structured securitizations transform traditional default and interest-rate risks into hard-to-understand and hard-to-monitor counterparty and funding risks that in distressed times pass onto financial safety nets. This Essay explains the chain of incentive conflicts that led private and government supervisors to neglect their commonsense moral obligation to understand and control these risks an...
متن کاملbarjam, the iranian nuclear dossier and context of de securitization securitization
many theorists in the field of security, think, that iran country does not respect the logic of security equations in the region and the world and this political difficulties for countries in the region and even the country have been followed. this article adopt an analytical-explanatory approach intends to main components and performance levels of the islamic republic of iran on the agreed bar...
متن کاملThe Securitization Flash Flood
What caused the flood of securitized products in the years immediately preceding the crisis? This paper presents evidence that demand for safe collateral in repo markets made it attractive for financial institutions to issue securitized products. Using the 2005 Bankruptcy Abuse Prevention and Consumer Protection Act (BAPCPA) as a natural experiment that shocked the demand for collateral, this p...
متن کاملReputation and Securitization∗
We analyze a dynamic market with a seller who can make a one-time investment that affects the returns of tradable assets. The potential buyers of the assets cannot observe the seller’s investment prior to trade, nor verify it in anyway after trade. The market faces two types of inefficiency: the ex-ante inefficiency, i.e., the seller’s moral hazard problem; and the ex-post inefficiency, i.e., i...
متن کاملMarket Discipline and Securitization∗
In this paper, I ask whether securitization really contributes to better risksharing. To do this, I first propose an outcome-based formalization of the concept of market discipline. Then, I compare securitization, which consist of the transfer of risk from existing loans, with other mechanisms that differ in the timing of risk-transfer. I find that, for securitization to be an efficient risk-sh...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Asian Journal of Middle Eastern and Islamic Studies
سال: 2017
ISSN: 2576-5949,2576-5957
DOI: 10.1080/25765949.2017.12023299