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Презентация на тему Project management october 2014part 2

networksSynergies and feeedbackrobindcmatthewsProject Management October 2014 part 2
robindcmatthews         Project Management October 2014 part 2 networksSynergies and feeedbackrobindcmatthewsProject Management October 2014 part 2 robindcmatthews More complex networksrobindcmatthews Networks: default state  Small world: highly clustered, short path lengths Haldane (2009) robindcmatthews Haldane (2009) robindcmatthews Haldane (2009) robindcmatthews The Crisis 2007 – 20012 The financial tower of BabelrobindcmatthewsProject SecuritizationGLOBAL POSITIVE FEEDBACKS1980 – 2006(circa) CDO’sCDC’sCDW’SSWF’SSPV’’sSPE’sCONDUITSIPO’sPRIVATE EQUITY FUNDSHEDGE FUNDSDERIVATIVES/OPTIONSSHADOW BANKING SYSTEMREGULATED BANKING SYSTEMCORPORATE BONDSGOVERNMENT BONDSLIQUID ASSETSCASHregulatedunregulatedThe financial Causes of crisesLow interest ratesSavings glutFinancial innovationMoral hazardNone of the aboveAll of Causes of the crisis?Low interest ratesSavings glutFinancial innovationMoral hazardGreed Exposure to Greek debtSource rge monitor robindcmatthews Long term bond yields july 2011Source rge monitor robindcmatthews
Слайды презентации

Слайд 2 networks
Synergies and feeedback
robindcmatthews
Project Management October 2014 part 2

networksSynergies and feeedbackrobindcmatthewsProject Management October 2014 part 2

Слайд 3 robindcmatthews

robindcmatthews

Слайд 4 More complex networks
robindcmatthews

More complex networksrobindcmatthews

Слайд 5 Networks: default state Small world: highly clustered, short

Networks: default state Small world: highly clustered, short path lengths

path lengths

Degree of a node is the number of

edges (k) connecting it to other nodes.
High degree nodes have many connections (high k); low degree nodes have few (low k)
P(k) probability of degree k follows a power law
P(k) ~ z k – α..





P(k)~ z k – α..

robindcmatthews


Слайд 6 Haldane (2009)

robindcmatthews

Haldane (2009) robindcmatthews

Слайд 7 Haldane (2009)
robindcmatthews

Haldane (2009) robindcmatthews

Слайд 8 Haldane (2009)

robindcmatthews

Haldane (2009) robindcmatthews

Слайд 9 The Crisis 2007 – 20012 The financial tower of

The Crisis 2007 – 20012 The financial tower of BabelrobindcmatthewsProject

Babel
robindcmatthews
Project Management October 2014 part 3


Слайд 11 Securitization
GLOBAL POSITIVE FEEDBACKS
1980 – 2006
(circa)

SecuritizationGLOBAL POSITIVE FEEDBACKS1980 – 2006(circa)

Слайд 12 CDO’s
CDC’s
CDW’S
SWF’S
SPV’’s
SPE’s
CONDUITS
IPO’s
PRIVATE EQUITY FUNDS
HEDGE FUNDS
DERIVATIVES/OPTIONS
SHADOW BANKING SYSTEM

REGULATED BANKING SYSTEM
CORPORATE

CDO’sCDC’sCDW’SSWF’SSPV’’sSPE’sCONDUITSIPO’sPRIVATE EQUITY FUNDSHEDGE FUNDSDERIVATIVES/OPTIONSSHADOW BANKING SYSTEMREGULATED BANKING SYSTEMCORPORATE BONDSGOVERNMENT BONDSLIQUID ASSETSCASHregulatedunregulatedThe

BONDS
GOVERNMENT BONDS
LIQUID ASSETS
CASH



regulated
unregulated
The financial tower of Babel: 21ST century


Слайд 13 Causes of crises

Low interest rates
Savings glut
Financial innovation
Moral hazard
None

Causes of crisesLow interest ratesSavings glutFinancial innovationMoral hazardNone of the aboveAll

of the above
All of the above
Samudaya (the second noble

truth: thirst)

Слайд 14 Causes of the crisis?
Low interest rates
Savings glut
Financial innovation
Moral

Causes of the crisis?Low interest ratesSavings glutFinancial innovationMoral hazardGreed

hazard
Greed


Слайд 15 Exposure to Greek debt
Source rge monitor
robindcmatthews

Exposure to Greek debtSource rge monitor robindcmatthews

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