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Financial crisis that occurred in August 2008 was unforeseen, sudden, sharp, and had a great impact on the global financial market. Egypt is one of the countries was affected by this financial crisis as a market economy country, and WTO member. in this paper I will try to study the implication...
Persistent link: https://www.econbiz.de/10011260393
The paper criticizes the conception of value on behalf of the conventional economic theory, blaming it for the current economic school’s incapacity to explain the actual economic crisis and to offer an adequate perspective to settle a solution. It proposes an explanation based on the tendency...
Persistent link: https://www.econbiz.de/10005025710
The financial crisis has revealed fatal institutional and structural deficits at the finance market. Politics has reacted to the financial crisis with a sea of legal bills and regulations. But all regulating efforts are merely system-imminent reparation measures and do not solve the core...
Persistent link: https://www.econbiz.de/10009322661
The financial crisis has affected the landscape of the banking sector around the world. We use a sample of transactions …
Persistent link: https://www.econbiz.de/10009372524
in early 2008 and then spread to Europe has by now engulfed most of the economies in both developed and developing world …. There is every possibility of direct as well as indirect implications of the crisis on all the economies of the world. The … immediate impact of the financial crisis on major world economies especially Indian economy in terms of selected economic …
Persistent link: https://www.econbiz.de/10009418501
The personal saving rate spiked up to an unusually high level in 2008 and spring 2009, prompting many observers to suggest that the financial crisis has created a new thrift ethic, reversing decades of decline in U.S. saving to near zero. The depth of the recent financial and economic crisis has...
Persistent link: https://www.econbiz.de/10005039961
The recent crisis should not be used to prouve the failure of the entire financial system. Global banking systems are regulated by rules, that have not been applied correctly all over the place. And just one "hole" in the regulatory net is sufficient to make it useless.
Persistent link: https://www.econbiz.de/10008543033
It is likely that such a crisis could not be born somewhere else only in the United States. The "current financial disaster" is the fruit of the combination of specific factors in the US, where elements were gathered to catalyse such a crisis, like, someway, some "primal soup" where were...
Persistent link: https://www.econbiz.de/10008543034
We study the impact of foreign banks' presence in Central and Eastern Europe's countries on their economic development and on the financial crisis they went through. We show that, despite a certain vulnerability of the domestic banking systems, the consequences of the opening of the banking...
Persistent link: https://www.econbiz.de/10008543042
In this brief meditation, financial crisis is described as coming from a deeper crisis on economic theory and its teaching in colleges and universities. Larger studies of the economy towards applied fields of social sciences, is the challenge of the present.
Persistent link: https://www.econbiz.de/10008543480