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Causes and effects of 2008 financial crisis

  • Beginning in the mid 2007’s the US financial market started to slide into the “worst financial crisis since the Great Depression of the early 1930’s” (Thakor, 2015: p.156). The domino effect of several events and occasions were leading first to a countrywide recession in the USA then later spreading globally. In the following this term paper will deal with the main causes and effects of 2008 financial crisis. Unlike other topics in literature there is no consensus about the question of guilt in this sense. Among economists there are different approaches to explain the main causes of the financial crisis.

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Author:Raphael Bartmann
Advisor:Paul Taylor
Document Type:Academic Papers
Year of Completion:2017
Release Date:2017/06/02
Page Number:12
Degree Program:IBW - Internationale Betriebswirtschaft
Open-Access-Status: Open Access 
Licence (German):License LogoUrheberrechtlich geschützt