Financial Institutions: Causes and Effects of the Global Financial Crisis of 2007-09, with Special Reference to the Impacts on Financial Markets, Institutions & Instruments

Atleast 2500 words not including the Reference List

References: ATLEAST 9 PLUS the text-book.

This should include at least one other book and one journal article.

Use Harvard referencing. Use EBSCO database for research online or Google Scholar

Topic:

"Causes and Effects of the Global Financial Crisis of 2007-09, with Special Reference to the Impacts on Financial Markets, Institutions & Instruments"

You are required to describe, supported by identifiable events, the causes and effects of the Global Financial Crisis of 2007- 2009. Importantly, also, you should examine the impacts on financial institutions, financial markets and financial instruments. The focus should be on Australia and United States of America

2,500 words + / - 10% (excluding Reference List)

Research and Referencing

You should begin by reading the references relating to the GFC in the text-book. It is suggested that you search these references via the Index at the back of the text. You will need to discover at least 8 other references + THE TEXTBOOK. This should include at least one other book and one journal article.

Use Harvard referencing! http://en.wikipedia.org/wiki/Harvard_referencing

The Assignment will be marked out of 50% and there will be 4 components.

ANALYSIS. Discussion and understanding of the causes and effects of the global financial crisis, with special reference to Australia and one other country of your choice, the impacts on financial markets, financial institutions and financial instruments, along with a focus on Government support measures to the institutions and to the people.

RESEARCH - EXTENT AND APPLICATION. Discussion and detailed understanding of the elements mentioned in Component 1 above. Extent of research and source referencing.

RECOMMENDATIONS & CONCLUSIONS. State any recommendations which emerge for financial institutions and for policy-makers, and - separately - summarise your overall conclusions.

PRESENTATION. Clear and concise expression, professional presentation, grammar, spelling and the use of graphs, tables and appropriate source referencing of material, charts, tables, etc.

The purpose of this Assignment is to test your initiative as advanced degree students, and to test your ability to discover, apply and interpret financial information. Remember that plagiarism brings severe penalties.

Prescribed Text: Kidwell, D., Brimble, M., Basu, A., Lenten, L., and Thomson, D., 2014. Financial Markets, Institutions and Money. 3rd ed. Wiley.

Recommended Reading:

Additional prescribed reading will be advised via MOODLE.

Periodicals Available:

• Australian Financial Review
• Journal of Banking and Finance
• Journal of International Financial Markets, Institutions & Money
• Journal of Financial Research
• Money Management
• The Australian - Business section
• smartinvestor http://www.afrsmartinvestor.com.au/

Useful Websites: The following websites are useful sources covering a range of information useful for this subject. However, most are not considered to be sources of Academic Peer Reviewed theory and research. If your assessments require academic peer reviewed journal articles as sources, you need to access such sources using the Library database, Ebscohost, or Google Scholar.

• Australian Centre for Financial Studies http://www.australiancentre.com.au/

• Australian Government Guarantee Scheme for Large Deposits and Wholesale Fundinghttp://www.guaranteescheme.gov.au/qa/deposits.html

• Australian Prudential Regulation Authority (APRA) http://www.apra.gov.au/Pages/default.aspx

• KPMG Financial Institutions Performance Survey webpagehttp://www.kpmg.com/au/en/issuesandinsights/articlespublications/financial-institutions-peformancesurvey/pages/default.aspx

• Reserve Bank Australia - Financial Stability page http://www.rba.gov.au/fin-stability/about.html