Home | TNCCS | TNCR | Journal Online | Submissions | Memberships | Conferences | Community | Chinese 中文
Current Issue
Previous Issues
Specials 2010
Proceedings
 Current location: All Articles > Number 1 - 2012 > Macro Prudential Regulation and Governance in Long Cycles: Towards Modern Experiential Learning Approach  
Search:
Macro Prudential Regulation and Governance in Long Cycles: Towards Modern Experiential Learning Approach
TNC ONLINE   2012-12-01 21:41:02 Author:Val Samonis Source: Font size:[Large][Middle][Small]
Suggested Citation: 
Samonis, Val (2012). Macro Prudential Regulation and Governance in Long Cycles: Towards Modern Experiential Learning Approach. Transnational Corporations Review. Page 46-55, Volume 4, Number 1, March 2012.
 
Transnational Corporations Review
ISSN 1918-6444 (Print), ISSN 1925-2099 (Online)
Edited by Ottawa United Learning Academy
Published by Denfar Transnational Development
Volume 4, Number 1, March 2012, 46-55
Doi:10.5148/tncr.2012.4104

Author: Val Samonis 

Abstract: We have not yet learned how to adapt to modern innovation challenges in the global economy’s long cycles and how to govern the associated risks. All the traditional economic theories are too simplistic and do not account for the change in the speeds of global adjustments (esp. financial flows) in the modern digital and knowledge economy. This special analysis reveals that, inadequacies at micro- and macro-levels in the political-economic systems in the global economy cause a new type of crises which cannot be easily contained, let alone prevented, on the strengths of the classical self-correction mechanisms.

Keywords:  Macro prudential regulation, governance, great recession, long cycles, knowledge management

References

Akerlof, George A. and Shiller, Robert J. (2009), Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism. Princeton and Oxford: Princeton University Press, 2009.

Dodd-Frank (2010), Wall Street Reform and Consumer Protection Act (including the Volcker Rule). Washington DC: The US Congress, 2010.
Hess, Charlotte and Ostrom, Elinor, eds., (2011), Understanding Knowledge as a Commons: From Theory to Practice. Cambridge: The MIT Press, 2011.
Samonis, Val (2012), Riding Modern Recessions: Experiential Learning for Governing Risks. Toronto: SEMI Online, 2012.
Samonis, Val and Bondar, Oleg (1998), “Developing financial markets in Russia: The Russian securities industry in comparative perspective (with special reference to derivatives)”, in J. Jay Choi and John. A.
Doukas, eds., Emerging Capital Markets: Financial and Investment Issues. Westport and London: Quorum Books, 1998.

Spence, Michael (2011), The Next Convergence: The Future of Economic Growth in the Multispeed World. New York: FSG, 2011.

 
Taleb, Nassim (2010), The Black Swan: The Impact of the Highly Improbable: With a new section "On Robustness and Fragility". New York: Random House, 2010.

For members or guest(s) to review this product, please simply register and take your user name and password to get access.

Order the full paper


About Us Recruitment Advertisement Collaboration Sponsorship Publication Ethics Contact Us
OULA & DENFAR Copyright 2009-2020