Global Financial Crisis—Tip of the Iceberg

Muhammad Ali Nasir

Chapter Chapter 3 in Off the Target, 2022, pp 65-121 from Springer

Abstract: Abstract Global Financial CrisisGlobal Financial Crisis of 2008–2009 which is declared as once in a century crisis by the IMF still has its scars on the global economic and financial systems. A crisis that will never be forgotten was the first test for the young ECB, it was also the tip of the iceberg that hit the Eurozone Titanic in the form of the European Sovereign Debt CrisisEuropean Sovereign Debt Crisis later on! In specific to the European Union, there are two aspects and contexts in which we shall see the Global Financial Crisis, and which shall be of our prime interest (a) how the Europeans responded to the crisis and (b) what impact the crises had on the European integration.

Date: 2022
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DOI: 10.1007/978-3-030-88185-6_3

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