Introduction

Carol Yeh-Yun Lin (), Leif Edvinsson (), Jeffrey Chen () and Tord Beding ()
Additional contact information
Carol Yeh-Yun Lin: National Chengchi University
Leif Edvinsson: Universal Networking Intellectual Capita
Jeffrey Chen: Accenture
Tord Beding: TC-Growth AB

Chapter Chapter 1 in National Intellectual Capital and the Financial Crisis in Israel, Jordan, South Africa, and Turkey, 2014, pp 1-4 from Springer

Abstract: Abstract The 2008 global financial crisis is considered by many economists to be the worst one since the Great Depression of the 1930s. The crisis rapidly developed and spread into a global economic shock, which resulted in a number of European bank failures. World political leaders, national ministers of finance, and central bank directors coordinated their efforts to reduce fear, but the crisis continued and eventually led to a global currency crisis. During this period, economies worldwide slowed, credits tightened, and international trade declined.

Keywords: Financial Crisis; Euro Area; Global Financial Crisis; Current Account Deficit; Monetary Policy Expansion (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbchp:978-1-4614-7981-9_1

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DOI: 10.1007/978-1-4614-7981-9_1

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