The Power of the Whole

Wei Yen

Chapter 5 in From the Great Wall to Wall Street, 2017, pp 97-103 from Springer

Abstract: Abstract The global financial crisis of 2008 was the most severe world financial crisis since the Great Depression of the 1930s. It exposed the fragility of the global financial system and the danger of contagion risks. It also tarnished the West’s reputation as the undisputed leader in economics and finance, and as guardian of global financial stability.

Keywords: Financial Crisis; Global Financial Crisis; Asian Financial Crisis; Collateralized Debt Obligation; Contagion Risk (search for similar items in EconPapers)
Date: 2017
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-319-33008-2_5

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DOI: 10.1007/978-3-319-33008-2_5

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