Escudé, Guillermo J. - In: European Journal of Economics and Economic Policies: … 18 (2021) 3, pp. 407-410
The pervading climate of financial innovation coupled with stagnant regulation of the 1990s and early 2000s led to one of the greatest financial crises on record: the 2007–2009 US financial meltdown, which quickly propagated to other financial centers and initiated what has been called the...