Economic Crises

Posted by admin on May 17th, 2009 filed in Economy

The world today is struggling because of the present economic situation. Many people suffer because of the economic crises. Causes and effects of economic crises are cited as follows:

  • Strategic Complementarity in Financial Markets
  • Leverage
  • Asset-Liability Mismatch
  • Uncertainty and Herd Behavior
  •  Regulatory Failures
  • Fraud
  • Contagion
  • Recessionary Effects

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