Financial crisis: causes and consequences
AbstractIn the author's opinion, the origin of the economic recession taking place in most countries resides in the house price crashes happened in the USA's and UK's housing markets. The financial crisis has been caused by many factors, which are analysed here. Some ways of how to manage the crisis are presented too.
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Bibliographic InfoArticle provided by Institute of Economics and Industrial Engineering of Siberian Branch of RAS in its journal Journal "Region: Economics and Sociology".
Volume (Year): 2 (2010)
Issue (Month): ()
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Web page: http://region.socionet.ru/
economic recession; financial crisis; housing market; employment; banks; credit; demand; capital;
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- McKibbin, Warwick J & Stoeckel, Andrew B & Lu, YingYing, 2012.
"Global fiscal adjustment and trade rebalancing,"
Policy Research Working Paper Series
6044, The World Bank.
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