The world is currently still struggling with the aftermath of the worst economic crisis since the Great Depression. Following a description of the eruption, evolution and consequences of the global crisis, this paper reviews alternative hypotheses for the causes of the global financial crisis as well as their empirical evidence. The paper refutes the frequently voiced view that the global crisis was caused by global imbalances that reflected economic...
Vea más
INFORMACIÓN
-
2012/01/01
-
Documento de trabajo sobre investigaciones relativas a políticas
-
WPS5937
-
1
-
1
-
2012/01/09
-
Disclosed
-
The unexpected global financial crisis : researching its root cause
-
Foreign Exchange Reserve