What are some factors that contributed to the savings and loan crisis (the Great Recession)? Through which channels did the Great Depression affect Latin American economies? How often have recessions occurred since the end of World War II (1945)?
Deregulation, income inequality, a belief in free market ideology, and a financial market bust all contributed to both the Great Depression and the 2008 recession. Government responses to the recession suggest that we did in fact learn something after all. The "Great Recession" of 2008 could ...
Recessions are a normal part of any economic cycle, which goes through slow periods of contraction and peak times filled with expansion. While no business wants a recession, at least this downturn typically lasts only six to 18 months. Let’s take a look at what a recession is, what causes...
The subprime meltdown was the sharp increase in high-risk mortgages that went into default beginning in 2007, contributing to the most severe recession in decades. The housing boom of the mid-2000s—combined with low interest rates at the time—prompted manymortgage lendersto offer home loans t...
using their own accounts for short-term proprietary trading of securities, derivatives, and commodity futures, along with options on these instruments. The rule is designed to shield customers by preventing banks from making the types of speculative investments that contributed to the Great Recession....
What are the consequences of a recession?Business CycleThe business cycle is also referred to as the trade cycle and economic cycle. The continuous fluctuation arising in the economy is called the business cycle. The fluctuations occur as a result of both non-economic and economic factors. Non-...
In this paper, we investigate the extent to which real appreciation of the Chinese currency contributed in a meaningful way to the drop of its trade surpluses during the great recession subsequent to the financial and economic crises beginning in 2007. Chinese currency appreciated 14.75% in real ...
This focus on globalization and collaboration helped contributed to the rise of personal computers and the culture surrounding their development. Though a far cry from how we use computers today, Generation X also grew up during the time of chat rooms, the spread of the internet and the Freedom...
Economic growth in much of Europe has been stagnant since the 2008 global recession, further powering discontent with the status quo. Far right or populist parties now lead Italy and Slovakia and are part of ruling coalitions in other countries such as Finland, Sw...
The so-called automotiveindustrycrisis lasted from 2008 to 2010 and was the result of the Global Financial Crisis (GFC) and subsequent recession. In the years before the GFC, General Motors invested heavily in SUVs and pick-up trucks with poor fuel economy. ...