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Introduction

Claudia Sanchez Bajo and Bruno Roelants

A chapter in Capital and the Debt Trap, 2011, pp 1-4 from Palgrave Macmillan

Abstract: Abstract What is happening to the global economy? How do we understand the global financial and economic crisis that was still wreaking havoc in the real economy in 2011? Even though we shall probably be discussing it for decades to come, the first explanations coming to mind are the ‘sub-prime’ housing mortgage crisis in the USA and financial firms that stopped lending to each other.

Keywords: Real Economy; Financial Firm; Economic Entity; Global Crisis; Credit Crunch (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-30852-7_1

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DOI: 10.1057/9780230308527_1

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