Looking Beyond the Euro Area Sovereign Debt Crisis

Three years into the euro area sovereign debt crisis, investors continue to shun periphery government bonds, European banks are under severe funding pressures in both the dollar and euro private term markets, and the euro area is facing an anemic g...

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Bibliographic Details
Main Author:	Dailami, Mansoor
Format:	Brief
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	ADVANCED COUNTRIES ADVANCED ECONOMIES ASSET CLASS ASSET LIQUIDATION ASSET PORTFOLIOS ASSET QUALITY ASSETS BAILOUT BALANCE SHEET BALANCE SHEETS BANK ACTIVITY BANK CREDIT BANK EXPOSURES BANK FAILURE BANK HOLDING BANK HOLDING COMPANY BANK OF GREECE BANK POLICY BANK RECAPITALIZATION BANK REGULATION BANK RISK BANKING AUTHORITY BANKING INDUSTRY BANKING INSTITUTIONS BANKING SECTOR BANKING SYSTEM BANKING SYSTEM ASSETS BASIS POINTS BOND BOND ISSUANCE BOND ISSUES BOND MARKETS BOND SPREADS BOND YIELD BOND YIELDS BONDHOLDERS CAPITAL MARKET CDS CENTRAL BANK CENTRAL BANKS CENTRAL GOVERNMENTS COLLATERAL COLLECTIVE ACTION COLLECTIVE ACTION CLAUSES COMMON MARKET CORPORATE BOND CORPORATE BONDS CREDIBILITY CREDIT DEFAULT CREDIT DEFAULT SWAP CREDIT QUALITY CREDIT RATING CREDIT RATINGS CREDIT RISK CREDITOR CURRENCY CURRENT ACCOUNT CURRENT ACCOUNT DEFICIT CURRENT ACCOUNT DEFICITS DEBT ACCUMULATION DEBT CRISES DEBT CRISIS DEBT HOLDINGS DEBT INSTRUMENTS DEBT MATURITIES DEBT OBLIGATIONS DEBT RATINGS DEBT RESTRUCTURING DEBT SUSTAINABILITY DEBT-SERVICING COSTS DERIVATIVES DEVELOPING COUNTRIES EMERGING ECONOMIES EMERGING MARKETS EMERGING-MARKET EQUITY FLOWS EUROPEAN CENTRAL BANK EXCESSIVE DEBT EXCESSIVE DEBT ACCUMULATION EXCHANGE MARKET EXCHANGE RATE EXCHANGE RATE REGIMES EXPORTERS EXPOSURES EXTERNAL FINANCING FINANCIAL AFFAIRS FINANCIAL CRISIS FINANCIAL INSTITUTION FINANCIAL INSTITUTIONS FINANCIAL SECTOR FISCAL CAPACITY FISCAL DISCIPLINE FLOATING EXCHANGE RATE FOREIGN CAPITAL FOREIGN DEBT FOREIGN EXCHANGE FOREIGN EXCHANGE MARKETS FOREIGN MARKETS FREE ASSET GLOBAL CAPITAL GLOBAL CAPITAL MARKETS GLOBAL INVESTOR GLOBAL INVESTORS GOOD GOVERNANCE GOVERNANCE SYSTEM GOVERNMENT BONDS GOVERNMENT DEBT GOVERNMENT DEFICITS GOVERNMENT SECURITIES GROSS DOMESTIC PRODUCT HARMONIZATION HOLDING HOLDINGS HOME COUNTRY INCOME INDIVIDUAL BANKS INSOLVENT INSURANCE INTERBANK MARKETS INTEREST PAYMENTS INTEREST RATE INTEREST RATES INTERNATIONAL SETTLEMENTS INVESTMENT FLOWS INVESTOR BASE INVESTOR UNCERTAINTY LIQUIDATION LIQUIDITY LONG-TERM DEBT MACROECONOMIC CONDITIONS MACROECONOMIC POLICY MACROECONOMIC RISKS MANDATES MARKET CONDITIONS MARKET DISCIPLINE MARKET ECONOMIES MARKET FAILURE MARKET PARTICIPANTS MARKET PRACTICE MARKET SIZE MARKET VOLATILITY MATURITY MATURITY SPECTRUM MONETARY FUND MONETARY POLICY MONEY MARKET MORAL HAZARD NATIONAL BANK NATIONAL DEBT NEGOTIATIONS NET EQUITY OUTSTANDING GOVERNMENT DEBT PENSION POLITICAL ECONOMY POLITICAL RISK PORTFOLIO POTENTIAL DEBT PRESENT VALUE PRINCIPAL REPAYMENTS PRIVATE CAPITAL PRIVATE CREDITORS PRIVATE MARKETS PRIVATE SECTOR CREDITORS PUBLIC DEBT PUBLIC DEBT MARKET PUBLIC DEBT MARKETS PUBLIC FINANCES PUBLIC POLICY RECAPITALIZATION REDEMPTION REPAYMENT REPAYMENT CRISIS RESERVE RESERVE CURRENCY RESERVE HOLDINGS RESOLUTION MECHANISM RESTRUCTURING PLAN RETURNS RISK AVERSION RISK EXPOSURE RISK MANAGEMENT RISK PROFILES SHORT-TERM DEBT SOVEREIGN BOND SOVEREIGN BONDS SOVEREIGN BORROWERS SOVEREIGN DEBT SOVEREIGN DEBT CRISES SOVEREIGN DEBT CRISIS SOVEREIGN DEBT MARKET SOVEREIGN DEBT MARKETS SOVEREIGN DEBT RESTRUCTURING SOVEREIGN RATINGS SOVEREIGN RISK SOVEREIGN SECURITIES SOVEREIGN YIELD SYSTEMIC RISK TERM DEPOSITS TIER 1 CAPITAL TRADING TRANSPARENCY TREASURIES TREATY TURNOVER TYPES OF DEBT WHOLESALE FUNDING WORKOUTS WORLD DEVELOPMENT INDICATORS YIELD CURVE YIELD SPREAD YIELD SPREADS
Online Access:	http://documents.worldbank.org/curated/en/2012/03/15908672/looking-beyond-euro-area-sovereign-debt-crisis http://hdl.handle.net/10986/10050

Internet

http://documents.worldbank.org/curated/en/2012/03/15908672/looking-beyond-euro-area-sovereign-debt-crisis
http://hdl.handle.net/10986/10050

Looking Beyond the Euro Area Sovereign Debt Crisis

Internet

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