Other situations that may be labeled a financial crisis include the bursting of a speculative financialbubble, astock market crash, asovereign default, or acurrency crisis. A financial crisis may be limited to banks or spread throughout a single economy, the economy of a region, or economies ...
aThe financial crisis and long-term demographic trends have transformed the future of the developed world. In the short term, petroleum price trends, a definitive solution to the eurozone crisis and the outcome of the U.S. elections will determine the economic performance of the world´s ...
2.1Definitions and Common Patterns of the Crisis The term “financial crisis” is defined as “a wider range of disturbances, such as sharp declines in asset prices, failures of large financial intermediaries, or disruption in foreign exchange markets” (De Bonis et al., 1999). ...
Global imbalances have been suggested as the root cause of the global crisis. This column argues that another imbalance is the guilty party. The entire world had an insatiable demand for safe debt instruments that put an enormous pressure on the US financial system and its incentives. This struc...
Banks grew even less willing to lend to each other on Monday, and money-market funds fled anything with a whiff of risk. Some corporations are struggling to roll-over commercial paper, short-term debt issued to finance working capital, payroll payments and the like. In an effort to keep ...
Financial crisis is a national or regional all or a substantial portion of financial indicators (such as short-term interest rates, monetary assets, securities, real estate, the price of land, it was quite out of bankruptcy and financial institutions, and so forth) and ultra-sharp, the short...
The term was initially used to point out bad economic policies that held back the economies in less developed nations. However, financial repression has since been applied to many developed economies throughstimulusand tightened capital rules following the2007–09 Financial Crisis. ...
2008. "The Current Financial Crisis, Other Recent Cri- ses, and the Role of Short-term Debt." Slides at http://research.chicagobooth .edu/igm/docs/ChicagoCrisistalk.pdf.Diamond, D. (2008). The Current Financial Crisis, Other Recent Crises, and the Role of Short-term ...
Does short-term debt increase vulnerability to financial crisis, or does short-term debt reflect — rather than cause - the incipient crisis? We study the role that short-term debt played in the collapse of the East Asian financial sector in 1997-1998. We alleviate concerns about the endogenei...
world financial crisis is also known as financial turmoil, refers to a country or several countries and regions all or most of the financial indicators (such as: short-term interest rates, monetary assets, securities, real estate, the price of land, commercial insolvency of financial institutions...