ADB Webcast : Currency Turbulence and Banking Crises

Alan Greenspan’s The Age of Turbulence describes the volatility in financial markets in the last forty years. But why have the prices of real estate, stocks and bonds, and commodities been so variable? This distinguished speaker seminar given on April 13 presented the view that a floating currency arrangement is necessary because of the large changes in the prices of these assets.

Robert Z. Aliber is professor of international economics and finance emeritus at the Booth School of Business, University of Chicago.

Watch the video here

About AIWMI

The Association of International Wealth Management of India (AIWMI) is a not-for-profit organization and a globally recognized membership association for finance professionals. AIWMI primarily focuses on the broad and strategic role of developing a more robust and forward-looking training infrastructure for the financial services sector and to promote more active industry involvement and collaboration in training and continuing education. AIWMI is offering advanced international certification programs along with a wide variety of high-quality executive education programs. AIWMI programs combine state-of-the-art knowledge and skills with practical experience and insights into the functioning of the financial sector. All AIWMI courses and educational events have an intense and pragmatic curriculum. Participants are exposed to the latest developments within the financial services sector. AIWMI plays a key role in guiding the development of the financial services sector. AIWMI works with key industry participants’ viz. the Government, the Regulators, the Industries/Associations, the Corporate, the Media and the General Public to achieve its objectives. Besides enhancing technical competence and professionalism in the industry, AIWMI organizes events and facilitates discussions to promote best practices in leadership and talent development in the financial sector with an aim to become Asia’s premier center of excellence for financial education.

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