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The average term of emerging-market bonds has grown from just over seven years in 2000 to just under ten years in the first half of this year, according to Hyun Song Shin of the BIS.
Exchange-rate falls have instead prompted renewed selling by investors hoping to escape any further depreciation.Emerging economies are also vulnerable to new kinds of currency mismatch, according to Hyun Song Shin of Princeton University.
According to a study by Hyun Shin of Princeton University and his co-authors, they suffered over 30% of the subprime losses in 2008.This cross-bred model provided none of the advantages of arm's-length securitisation, which was supposed to move default risk away from the banking system, spreading it widely to those best placed to bear it.
In a recent paper co-authored with Ju Hyun Pyun, of the Korea University, he estimates a measure of America's real exchange rate, augmented to take account of productivity differences and gaps in price levels between America and its poorer trading partners.
Hyun Song Shin of Princeton University has shown that banks' internal risk models make them take more and more risk as asset prices rise, for instance.
Hyun Song Shin, a Princeton economist now advising South Korea's government, has suggested that it should tax the wholesale liabilities of the country's banks.
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In their film The Other Interview Amnesty International tell the story of Park Ji-hyun, a young woman who says she fled starvation in North Korea before being trafficked to China where she was forced to work as a slave.
His biggest deals by far were in coal: Sungri Trading, run by two of Mr Jang's closest aides, handled 70% of all North Korea's lucrative anthracite exports to China, according to Cho Bong-hyun at the IBK Economic Research Institute, in Seoul, South Korea's capital.
They are the first and, so far, only act managed by Chrome Entertainment, set up in 2011 with an initial investment of only 10m won by Hwang Hyun-chang.Mr Hwang, aged 34, was a commercial photographer who financed his K-pop adventure by selling his camera gear, plundering his savings and running up debts.
See articleRoh Moo-hyun, South Korea's president between 2003 and 2008, committed suicide by jumping of a cliff.
A well-deserved victory for maths, then.Speaking of widgets, the prize for 2011's wackiest goes to Seok-Hyun Yun, of Harvard Medical School, and his team for the creation of laser-emitting cells, something that does not, as Babbage's colleague noted, seem to have intuitively obvious applications but certainly scores well in the jaw-dropping department.
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