Impact of the 2008 Global Financial Crisis

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 2 in National Intellectual Capital and the Financial Crisis in Australia, Canada, Japan, New Zealand, and the United States, 2014, pp 7-19 from Springer

Abstract: Abstract This global financial crisis is believed to be a direct result of the risky investments in the USA, fueled by a combination of low interest rates, loosening lending standards, growing consumer appetite for debt, and extensive use of securitization. The questionable assessments of credit rating agencies, less disciplined risk management, failure in adequately applying regulations, and the global nature of the financial markets had resulted in the crisis with serious repercussions worldwide, particularly in Europe.

Keywords: Gross Domestic Product; Financial Crisis; Global Financial Crisis; Australian Economy; Current Account Deficit (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

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:spr:spbchp:978-1-4614-9308-2_2

Ordering information: This item can be ordered from
http://www.springer.com/9781461493082

DOI: 10.1007/978-1-4614-9308-2_2

Access Statistics for this chapter

More chapters in SpringerBriefs in Economics from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().