The globalization of the 2008-2009 financial crisis

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Tarih

2014

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Springer International Publishing

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

The 2008-2009 financial crises which began in the USA was one of the greatest economic crises in history. Even though the crisis started in 2007 in advanced economies, its effects still continue and no one can foresee the end of the crisis. In this chapter, it is aimed to illustrate the linkage between the globalization process of the financial system and the roots of the global economic crisis. This chapter evaluates the roots of the global economic crisis. Liquidity redundancy, credit defaults, securitization, the lack of transparency, the shortcomings of rating entities and supervisory entities are some pillars of the global economic recession. © 2014 Springer International Publishing Switzerland. All rights reserved.

Açıklama

Anahtar Kelimeler

Kaynak

Globalization of Financial Institutions: A Competitive Approach to Finance and Banking

WoS Q Değeri

Scopus Q Değeri

N/A

Cilt

9783319011257

Sayı

Künye