2008 Global Financial Crisis-Ten Years After; Is Another Crisis ‘Resonating’?

The global financial crises have had severe impact on various financial markets and the world economies at large. At various points in time during economic recessions, the confidence of the global investors is always sapped while most investors panic for safety. The past ten years especially have witnessed intense governmental and intergovernmental interventions in the form of financial bailouts, regulatory reforms, coordinated stimulus and responses from the central banks to address liquidity problems caused by the global financial crisis. With the ever-growing populism around protectionism, the debates between globalism and capital control has become more intense. Considering the current issues bordering on tighter immigration, closing of boarders and higher tariffs for good produced in overseas by some countries, the coming years will become more interesting and difficult at the same time for many governments, countries, institutions and multinational companies. So, are we witnessing another global economic crisis? This paper decides to look into the effects, the widespread and the impacts of country governance on world economies at large