Disseminating the History of the Major Financial Crises and Their Multidimensional Implications
Disseminating the History of the Major Financial Crises and Their Multidimensional Implications
Author(s): Muhammad Zahid Naeem, Cristi Spulbăr, Ramona Birău, Abdullah Ejaz, Elena Loredana Minea, Zulfiqar Ali ImranSubject(s): Supranational / Global Economy, Economic history, Post-War period (1950 - 1989), Transformation Period (1990 - 2010), Present Times (2010 - today)
Published by: Editura Universitaria Craiova
Keywords: global financial crisis; basic generation models; economic policies; Asian stock market; efficiently channel;
Summary/Abstract: In this article, we provided a comprehensive discussion about the major financial crises and their details based on some major historical financial crises. The crises include the stock market crash of 1987, the Asian financial crisis of 1997, and the global financial crisis of 2007-08. The discussion is categorized into two sections. Under first section, the generation models for crises are discussed based on the timeline and their development. In the second section, each of the above mentioned crisis is discussed in details which include the situations prevailing before during and after the crisis and the lessons undertaken by the markets from those disastrous events.
Journal: Revista de Științe Politice. Revue des Sciences Politiques
- Issue Year: 2019
- Issue No: 64
- Page Range: 12-34
- Page Count: 23
- Language: English
