Description
Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.
Financial Study on Globalization of Financial Institutions (GFI)
Introduction The Global economic recession and subsequently the sovereign crisis melt down global economic activity, having impacts on the growth of national economies, banking operations, asset prices, profitability, sustainability of business operations and so on. The latest turmoil in global financial markets also has once more illustrated the importance of strategic fit between developing long term strategy planning skills and implementing capabilities of financial institutions. In the last quarter of 2011 the Sovereign Debt crisis in the euro area reached its peak point. Chain reaction of bank failures in advanced economies and the possibility of sovereign defaults were the major concerns as credit default swap spreads breaking new records high, even sovereigns with relatively strong public finances were hit by illiquid market conditions in the euro zone. Even though, equity prices have recovered, there is a need to strengthen capital structure of banks to increase banking performance with healthy returns on equity. According to IMF's Global Financial Report Analysis, the pressures on the European banking system have sparked a broader drive to reduce balance sheet size shrinking by as much as € 2.6 trillion through the end-2013, which is almost equal to 7 percent of total assets. The major objective of the policies attached to the deleveraging process is to prevent future potential consequences of an unhealthy condition of banking system which may damage asset prices, credit chain and economic activity. The deleveraging processes in banking sector seem to have negative effects banking performance. In this situation, effective marketing strategies must be applied to increase banking performance. According to GFSR's estimation, with the current policies scenario, aggregate leverage of the banks falls from 29 to 23, with the majority of this decline achieved through retained earnings and the capital raised through reduction in assets ahead of cutback in lending (GFSR, 2012). Top managers in retail banking must focus on competitive strategies on increasing banking performance to outperform competing banks whilst reducing balance sheet size. Effective performance of financial institutions depends on financial and non-financial parameters including marketing activities.
The Latest advances at global financial system and the effects of Globalization upon financial system should be evaluated to illustrate strong impacts on the driving forces and business landscape, creating and changing strategic opportunities and pressures for economic development, growth, employment, and sustainability.
Mission This book will present a comparative, competitive analysis of Financial System, Institutions, Markets and Instruments for Advanced and Emerging Economies from a strategic base point.
Objectives 1. Describe the concept of Globalization and its interaction with financial institutions 2.?llustrate the role of Financial Regulatory System and its effect over Financial Institutions 3. Evaluate the latest advances in Financial System, Markets and Instruments 4. Analyze the effectiveness of Innovation management and Service Development Process in Banking System 5. Develop a managerial approach to risk management issues 6. Demonstrate the importance of developing strategies out of Global Economic Crisis for International Businesses and Financial Institutions 7. Draw futuristic expectations for financial system 8. Demonstrate the advances in Financial System in Emerging Markets and Advanced Economies
Scholarly Value, Potential Contribution/Impact, and Purpose The proposed book explores scholarly frontiers and applications in strategic studies of Finance and Business within a comparative perspective
Target Audience This book is designated for scholars, professionals, managers, government agencies, universities, think tanks, and other individuals, organizations, and institutions interested in a deeper understanding of financial system dynamics and landscape involving Advanced Economies and Emerging Markets. The book explores financial environment and competitiveness, and provides insights on attractiveness, strategic benefits, costs, and risks of investment at global financial system
Submission Procedure and Format Submission deadline for manuscripts: March 8, 2013.
Dr. Hasan Dinçer Beykent University, Istanbul, Turkey Associate Editor of IJRBS & IJFBS Principal Member of SSBF [email protected] or [email protected] Dr. Ümit HACIO?LU Beykent University, Istanbul, Turkey Associate Editor of IJRBS & IJFBS Principal Member of SSBF [email protected] or [email protected]
SECTION-1 GLOBALIZATION AND FINANCIAL SYSTEM Key Words: Globalization, Trends, Drivers, Dynamics, Financial Implications, Financial Institutions Section Editor: Assigned Chapter 1: Process of Globalization and Emerging Economies (Accepted) Chapter 2: Transformation and Change in the Economic Structure: New World Order? (Open) Chapter 3: Globalization and nation state in question? (Accepted) Chapter 4: Financial Globalization and the Effects of Monetary Policies (Accepted) Chapter 5: Financial Globalization and Banking (Accepted) Chapter 6: The Impact of Globalization on Sub-Sharan Africa (Accepted) Chapter 7: Open SECTION-2 ECONOMIC CRISIS, TRADE AND GROWTH Key Words: Crisis, Currency, Markets, Growth, Development, Trade Section Editor: Assigned Chapter 8 : Political Economic Approach to Financial Movements in Economic Crises (Accepted) Chapter 9 : The Effects of the Global Financial Crisis and Turkish Economy (Open) Chapter 10: Economic Governance, World Market, Financial Institutions (Open)
Chapter 11: Monetary Policy Instruments and Economic Growth: Evidence From Nigeria 19802012(Accepted) Chapter 12: Second Recession and Its Impact on US and Global Economy (Accepted) Chapter 13: The Role of Financial Institutions in Reconstruction Process (Accepted) Chapter 14: Evaluation of the EU as a Trade Bloc (Accepted) Chapter 15: Economic Crisis and Its impact on Luxury and Mandatory Consumption (Accepted) Chapter 16: The Changing Role of the Central Bank of the Republic of Turkey and its financial implications on Turkish Economy (Accepted) Chapter 17: Political Instability and Turkish Banking since the Ottoman Empire: A Historical Overview (Accepted) Chapter 18: Open SECTION- 3 RISKS IN GLOBAL FINANCIAL MARKETS Key Words: Risks, Credits, Assets, Financial Markets, Volatility, Stress, Securities, Financial Stress, Financial Analysis Section Editor: Assigned Chapter 19: The Risks of Excessive Credit and the Motivation for New Designs of Financial Instruments (Open) Chapter 20: Assessment Criteria for Innovative Designs of Financial Instruments (Open) Chapter 21: Pros and Cons of Innovative Designs of Financial Instruments (Open) Chapter 22: Required Regulatory & Supervisory Developments and Coordination in Financial System (Open) Chapter 23: The Role of Letter of Credits in Banking and International Trade (Accepted) Chapter 24: The Evaluation of Turmoil in Financial Markets in the Era of Global Economic Crisis (Accepted) Chapter 25: Impact of Regulations and Supervisions on Bank Efficiency in Turkey (Accepted) Chapter 26: Liquidity Assessment Techniques in Banking(Accepted) SECTION-4 FINANCIAL BEHAVIOR AND INNOVATION MANAGEMENT IN FINANCIAL SYSTEM Key Words: Financial Stress, Innovation, PLC Section Editor: Assigned Chapter 27: Relationship Between financial Stress and Health (Accepted) Chapter 28: Application of Lean Six Sigma Methodology in Financial Services Design (Accepted)
Chapter 29: Banking Automation in Iran: it's Social and Banking Effects (Accepted) Chapter 30: Financial Sector Development-Economic Growth Nexus: Empirical Evidence from Nigeria (Accepted) Chapter 31: Impact of Regulations and Supervisions on Bank Efficiency in Russia ( Accepted) Chapter 32: What has been the impact of augmented FDI on Turkish Banks' Performances?: Better or Worse? (Accepted)
doc_199280605.docx
Globalization is the process of international integration arising from the interchange of world views, products, ideas, and other aspects of culture.
Financial Study on Globalization of Financial Institutions (GFI)
Introduction The Global economic recession and subsequently the sovereign crisis melt down global economic activity, having impacts on the growth of national economies, banking operations, asset prices, profitability, sustainability of business operations and so on. The latest turmoil in global financial markets also has once more illustrated the importance of strategic fit between developing long term strategy planning skills and implementing capabilities of financial institutions. In the last quarter of 2011 the Sovereign Debt crisis in the euro area reached its peak point. Chain reaction of bank failures in advanced economies and the possibility of sovereign defaults were the major concerns as credit default swap spreads breaking new records high, even sovereigns with relatively strong public finances were hit by illiquid market conditions in the euro zone. Even though, equity prices have recovered, there is a need to strengthen capital structure of banks to increase banking performance with healthy returns on equity. According to IMF's Global Financial Report Analysis, the pressures on the European banking system have sparked a broader drive to reduce balance sheet size shrinking by as much as € 2.6 trillion through the end-2013, which is almost equal to 7 percent of total assets. The major objective of the policies attached to the deleveraging process is to prevent future potential consequences of an unhealthy condition of banking system which may damage asset prices, credit chain and economic activity. The deleveraging processes in banking sector seem to have negative effects banking performance. In this situation, effective marketing strategies must be applied to increase banking performance. According to GFSR's estimation, with the current policies scenario, aggregate leverage of the banks falls from 29 to 23, with the majority of this decline achieved through retained earnings and the capital raised through reduction in assets ahead of cutback in lending (GFSR, 2012). Top managers in retail banking must focus on competitive strategies on increasing banking performance to outperform competing banks whilst reducing balance sheet size. Effective performance of financial institutions depends on financial and non-financial parameters including marketing activities.
The Latest advances at global financial system and the effects of Globalization upon financial system should be evaluated to illustrate strong impacts on the driving forces and business landscape, creating and changing strategic opportunities and pressures for economic development, growth, employment, and sustainability.
Mission This book will present a comparative, competitive analysis of Financial System, Institutions, Markets and Instruments for Advanced and Emerging Economies from a strategic base point.
Objectives 1. Describe the concept of Globalization and its interaction with financial institutions 2.?llustrate the role of Financial Regulatory System and its effect over Financial Institutions 3. Evaluate the latest advances in Financial System, Markets and Instruments 4. Analyze the effectiveness of Innovation management and Service Development Process in Banking System 5. Develop a managerial approach to risk management issues 6. Demonstrate the importance of developing strategies out of Global Economic Crisis for International Businesses and Financial Institutions 7. Draw futuristic expectations for financial system 8. Demonstrate the advances in Financial System in Emerging Markets and Advanced Economies
Scholarly Value, Potential Contribution/Impact, and Purpose The proposed book explores scholarly frontiers and applications in strategic studies of Finance and Business within a comparative perspective
Target Audience This book is designated for scholars, professionals, managers, government agencies, universities, think tanks, and other individuals, organizations, and institutions interested in a deeper understanding of financial system dynamics and landscape involving Advanced Economies and Emerging Markets. The book explores financial environment and competitiveness, and provides insights on attractiveness, strategic benefits, costs, and risks of investment at global financial system
Submission Procedure and Format Submission deadline for manuscripts: March 8, 2013.
Dr. Hasan Dinçer Beykent University, Istanbul, Turkey Associate Editor of IJRBS & IJFBS Principal Member of SSBF [email protected] or [email protected] Dr. Ümit HACIO?LU Beykent University, Istanbul, Turkey Associate Editor of IJRBS & IJFBS Principal Member of SSBF [email protected] or [email protected]
SECTION-1 GLOBALIZATION AND FINANCIAL SYSTEM Key Words: Globalization, Trends, Drivers, Dynamics, Financial Implications, Financial Institutions Section Editor: Assigned Chapter 1: Process of Globalization and Emerging Economies (Accepted) Chapter 2: Transformation and Change in the Economic Structure: New World Order? (Open) Chapter 3: Globalization and nation state in question? (Accepted) Chapter 4: Financial Globalization and the Effects of Monetary Policies (Accepted) Chapter 5: Financial Globalization and Banking (Accepted) Chapter 6: The Impact of Globalization on Sub-Sharan Africa (Accepted) Chapter 7: Open SECTION-2 ECONOMIC CRISIS, TRADE AND GROWTH Key Words: Crisis, Currency, Markets, Growth, Development, Trade Section Editor: Assigned Chapter 8 : Political Economic Approach to Financial Movements in Economic Crises (Accepted) Chapter 9 : The Effects of the Global Financial Crisis and Turkish Economy (Open) Chapter 10: Economic Governance, World Market, Financial Institutions (Open)
Chapter 11: Monetary Policy Instruments and Economic Growth: Evidence From Nigeria 19802012(Accepted) Chapter 12: Second Recession and Its Impact on US and Global Economy (Accepted) Chapter 13: The Role of Financial Institutions in Reconstruction Process (Accepted) Chapter 14: Evaluation of the EU as a Trade Bloc (Accepted) Chapter 15: Economic Crisis and Its impact on Luxury and Mandatory Consumption (Accepted) Chapter 16: The Changing Role of the Central Bank of the Republic of Turkey and its financial implications on Turkish Economy (Accepted) Chapter 17: Political Instability and Turkish Banking since the Ottoman Empire: A Historical Overview (Accepted) Chapter 18: Open SECTION- 3 RISKS IN GLOBAL FINANCIAL MARKETS Key Words: Risks, Credits, Assets, Financial Markets, Volatility, Stress, Securities, Financial Stress, Financial Analysis Section Editor: Assigned Chapter 19: The Risks of Excessive Credit and the Motivation for New Designs of Financial Instruments (Open) Chapter 20: Assessment Criteria for Innovative Designs of Financial Instruments (Open) Chapter 21: Pros and Cons of Innovative Designs of Financial Instruments (Open) Chapter 22: Required Regulatory & Supervisory Developments and Coordination in Financial System (Open) Chapter 23: The Role of Letter of Credits in Banking and International Trade (Accepted) Chapter 24: The Evaluation of Turmoil in Financial Markets in the Era of Global Economic Crisis (Accepted) Chapter 25: Impact of Regulations and Supervisions on Bank Efficiency in Turkey (Accepted) Chapter 26: Liquidity Assessment Techniques in Banking(Accepted) SECTION-4 FINANCIAL BEHAVIOR AND INNOVATION MANAGEMENT IN FINANCIAL SYSTEM Key Words: Financial Stress, Innovation, PLC Section Editor: Assigned Chapter 27: Relationship Between financial Stress and Health (Accepted) Chapter 28: Application of Lean Six Sigma Methodology in Financial Services Design (Accepted)
Chapter 29: Banking Automation in Iran: it's Social and Banking Effects (Accepted) Chapter 30: Financial Sector Development-Economic Growth Nexus: Empirical Evidence from Nigeria (Accepted) Chapter 31: Impact of Regulations and Supervisions on Bank Efficiency in Russia ( Accepted) Chapter 32: What has been the impact of augmented FDI on Turkish Banks' Performances?: Better or Worse? (Accepted)
doc_199280605.docx