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Introduction

In: Anatomy of Global Stock Market Crashes

Author

Listed:
  • Gagari Chakrabarti

    (Presidency University)

  • Chitrakalpa Sen

    (G D Goenka World Institute)

Abstract

Looking back into history, financial crises have always been the norms, rather than exceptions. Starting from the Tulip Mania in 1630, economic and financial vulnerabilities have generated waves of financial crises in the world economy. Not all the crises, by nature, however have been the same; rather they came in different forms and had different origins. While some of these remained confined to the domestic or regional boundaries, most of them reverberated, in no time, from the peripheries to the center with an ultimate devastating impact on the real economy. In this newfangled knowledge-driven financially integrated era such speedy spread of crisis is almost inevitable.

Suggested Citation

  • Gagari Chakrabarti & Chitrakalpa Sen, 2012. "Introduction," SpringerBriefs in Economics, in: Anatomy of Global Stock Market Crashes, edition 127, chapter 0, pages 1-5, Springer.
    • Handle: RePEc:spr:spbchp:978-81-322-0463-3_1
    DOI: 10.1007/978-81-322-0463-3_1
    as

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