Pt. I. North America: Global financial crises / Benton E. Gup -- Spillover effects from the U.S. financial crisis: some time-series evidence from national stock returns / Apanard Penny Angkinand, James R. Barth and Hyeongwoo Kim -- Canadian banks and the North American housing crisis / James A. Brox -- pt. II. Europe: The German banking system and the financial crisis / Horst Gischer and Peter Reichling -- No free lunch--no decoupling, the crisis and Hungary: a case study / Juجپlia Kiraجپly and Katalin Meجپroجˆ -- pt. III. Asia and Australia: An analysis of the ripple effects of the global financial crisis on the South Korean economy and the recovery / Jungeun Kim, Kyeong Pyo Ryu and Doowoo Nam -- Promulgation of the US housing market crisis into Asia: impacts and depths / Masanori Amano and Hikari Ishido -- How Australia survived the global financial crises / Chris Bajada and Rowan Trayler -- pt. IV. International regulatory issues: A single financial market and multiple safety-net regulators: the case of the European Union / Maria J. Nieto -- The global financial crises: back to basics, bank supervision in developing countries / Thomas Lutton and Joseph Cauthen -- Hedge funds and offshore financial centers: new challenges for the regulation of systemic risks / Navin Beekarry