Some of the reasons for this crisis are:
1. The US Real estate market crash
2. High default rates on Subprime loans &
3. Subprime Mortgage backed securities
Economic crises will be end when nation's economy is constant for this national economic policy should be clear.
A crisis is a dangerous situation, whereas a meltdown (by analogy to a nuclear reactor) is a complete collapse. A crisis, if not handled correctly, can result in a meltdown.
Roy E. Allen has written: 'Financial Crisis and Recession in the Global Economy (Studies in International Political Economy)' 'Financial crises and recession in the global economy' -- subject(s): Recessions, International finance, Financial crises, Economic history
Richard G. Zind has written: 'Saudi Arabia and the Global Financial and Oil Market Crises' -- subject(s): Economic policy, Economic conditions, Global Financial Crisis, 2008-2009, Petroleum industry and trade
Salvatore. Rossi has written: 'Controtempo' -- subject(s): Economic conditions, Global Financial Crisis, 2008-2009, Financial crises
The role of the CS2 IMF in global economic stability and financial governance is to provide financial assistance to countries facing economic crises, promote international monetary cooperation, and help maintain stability in the global financial system. The IMF also works to strengthen the economic policies of its member countries and provides policy advice to promote sustainable economic growth and reduce poverty.
it maybe the economic
1929-1933 the global depression 1997 Southeast Asian crisis
it kills u
economic crises in Great Britain
Paolo Savona has written: 'Global financial crisis' -- subject(s): Economic policy, Financial crises, Global Financial Crisis, 2008-2009, International economic relations, International cooperation 'The New Architecture of the International Monetary System (Open Economies Review)'
It is designed to prevent economic crises.