The effects of the Global Crisis on the Loan System

Mocanu Nelu ()
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Mocanu Nelu: Universitatea Libera Internationala din Moldova

Ovidius University Annals, Economic Sciences Series, 2010, vol. X, issue 1, 1710-1712

Abstract: This paper offers a broad introduction to the workings of the global financial system, the dynamics of the main financial markets, the nature and goals of the key financial institutions and the crucial role played by central banks and regulatory agencies. An important part of the paper focuses on the 2007-2009 global economic and financial crisis, reviewing its causes and consequences, as well as evaluating the merits of the numerous government intervention schemes in the U.S. and Europe. In the end, however, such a blister would not be possible either without an inadequate regulation framework.

Keywords: global crisis; loan system; financial crisis; financial market; central bank. (search for similar items in EconPapers)
JEL-codes: G01 G21 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ovi:oviste:v:10:y:2010:i:1:p:1710-1712

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