FINANCIAL CRISES OF THE LAST TWO DECADES AND THE ISSUES TO BE ADDRESSED

Andrei Stoian and Radu Becherescu
Additional contact information
Andrei Stoian: The Academy of Economic Studies, Bucharest, Romania
Radu Becherescu: The Academy of Economic Studies, Bucharest, Romania

SEA - Practical Application of Science, 2013, issue 1, 200-211

Abstract: Within the last two decades, the world has seen many financial crises which have spread around the globe and affected both developing and developed countries. Although each had its own particularities, there are some similar patters that stand out, most being related to an over evaluated asset in a country or region and a sharp withdrawal of funds that led to the burst of the crisis. Looking into each of them, there are some common causes and addressing these may help prevent any future financial shocks.

Keywords: Financial crisis; Global imbalances; Asymmetric information; Currency peg (search for similar items in EconPapers)
JEL-codes: F30 F65 G01 (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://seaopenresearch.eu/Journals/articles/SPAS_1_23.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2013:i:1:stoiana,becherescur

Access Statistics for this article

SEA - Practical Application of Science is currently edited by Romanian Foundation for Business Intelligence

More articles in SEA - Practical Application of Science from Romanian Foundation for Business Intelligence, Editorial Department
Bibliographic data for series maintained by Serghie Dan ().