It is widely recognized that the Global Financial Crisis (GFC) of 2008 began when sub prime borrowers defaulted on loans made by sellers. Complex dependencies among various players in the mortgage industry further exacerbated this problem. For example, derivative products like mortgage backed...

The subprime mortgage crisis was the most devastating financial crisis since the Great Depression. The steady rise of housing purchases and seemingly limitless increase in home values drew many investors to the United States real estate market. The business growth in this sector was so...

This paper is a theoretical review of the impact of recession to the marketing performance of the companies across the global market. The impact is determined qualitatively thru the examination of published papers. In the succeeding pages, the significant role of marketing is deliberately...

Spanish Abstract: Ante las crisis, del tipo que sean, económicas, de inseguridad, etc. las personas reaccionan (aumentando el ingreso o modificando hábitos de consumo), no queriendo asumir la realidad, para después convertir sus posibles consecuencias en foco de atención, generalmente...

The dramatic impact of the current crisis on performance of businesses across sectors and economies have been headlining the business press for the past many months. Interestingly, the impact of the crisis across categories of goods/services and across economies reveals several interesting...

As a result of the extremely volatile world economy in 2008, tourism demand slowed steadily through the year. Overall, the 5% growth of the tourism world demand between January and June gave way to a 1% decline in the second half of the year. Growth returned to international tourism in the last...

The Italian system of local government has experienced a series of fundamental innovations during the last decade. Although Italy's territorial government has moved from a light to a stronger decentralization, the Country has been embedded in an endless transition process. The last few years...

This paper revisits and contributes to geographies of the 2007 financial crisis and ensuing recession by testing the statistical relationships between a set of economic indicators and growth in metropolitan areas in the United States. Two research questions organize the quantitative strategy....