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The Financial Crisis: Origins and Implications

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 | #4385466 in eBooks |  2010-11-24 |  2010-11-24 | File type: PDF

||About the Author|EMILIANO BRANCACCIO University of Sannio, Italy GERMANA CORRADO University of Rome, Italy GARY DYMSKI University of California, US FERNANDO FERRARI-FILHO Federal University of Rio Grande do Sul, Brazil GIUSEPPE FONTANA University of Leeds, UK

The 2008 financial crisis poses three fundamental questions for economists and policy makers; understanding the origins of the crisis, understanding the consequences of this crisis for the world economy, and finally understanding why the 2008 financial crisis is not as serious as the 1929 crisis. The prevailing view is that the 2008 financial crisis was solely the result of inadequate financial regulation together with a very loose monetary policy conducted by central ba...

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