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The World Financial Crisis

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  • F. Gerard Adams

Abstract

The world financial crisis of 2008 is a consequence of new financial technologies, new accounting methods and new international linkages. These developments have come at a time when governments have returned to an old-fashioned freemarket philosophy. This paper links the systemic financial/economic crisis of 2008 to the new economy developments, globalisation and policy philosophy perspectives of recent decades. It raises the question of how to re-establish confidence once traditional thinking has been questioned.

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File URL: http://www.world-economics-journal.com/Contents/ArticleOverview.aspx?ID=366
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Bibliographic Info

Article provided by World Economics, Economic & Financial Publishing, 1 Ivory Square, Plantation Wharf, London, United Kingdom, SW11 3UE in its journal World Economics Journal.

Volume (Year): 10 (2009)
Issue (Month): 1 (January)
Pages: 45-58

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Handle: RePEc:wej:wldecn:366

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