Abstract I show that a disruption to the financial sector can reshape patterns of global trade for decades. study first modern banking crisis originating in London 1866 and collect archival loan records link multinational banks headquartered there their lending abroad. Countries exposed bank failures immediately exported significantly less did not recover lost growth relative unexposed places. ...

Risk management has been a topic of great interest to Michael McAleer. Even as recent 2020, his paper on risk for COVID-19 was published. In memory, this article is focused bankruptcy in financial firms. For institutions particular, banks are considered special, given that they perform functions unique. Risks banking arise from both internal and external factors. The GFC underlined the need com...

Coastal salt marsh tidal creeks are thought to show less channel adjustment/movement relative to their terrestrial fluvial counterparts. We propose a mechanism for disturbance-mediated bank failure that may allow/initiate channel migration in these otherwise stable systems. The stability of tidal creeks is promoted by the extensive vegetation root structure along the banks. However, wrack mats ...

Shunt capacitor banks are used to improve the quality of the electrical supply and the efficient operation of the power system. Studies show that a flat voltage profile on the system can significantly reduce line losses. Shunt capacitor banks are relatively inexpensive and can be easily installed anywhere on the network. This paper reviews principles of shunt capacitor bank design for substatio...

The last twenty years of the twentieth century witnessed regulatory change not seen since the Great Depression. That regulatory change, culminating with the Interstate Banking and Branching Efficiency Act of 1994, produced a significant consolidation within the banking industry, resulting from mergers and failures, that accelerated near the end of the century. Unlike the mergers and failures, t...