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                                       Details van artikel 10 van 24 gevonden artikelen
 
 
  GENESIS OF CURRENT U.S. GREAT RECESSION AND ITS GLOBAL TRANSMISSION
 
 
Titel: GENESIS OF CURRENT U.S. GREAT RECESSION AND ITS GLOBAL TRANSMISSION
Auteur: Matiur Rahman
Muhammad Mustafa
Verschenen in: International journal of economics and research
Paginering: Jaargang I (2010) nr. 1 pagina's 69-85
Jaar: 2010
Inhoud: This paper is an exploration of the primary reasons for current U.S. great recession, its global transmission, major economic and financial programs, future challenges, and exit strategies. The root cause lies in the U.S. real estate market debacle due to massive subprime lending and proliferation of mortgage-backed securities. The real estate market trouble spilled over into U.S. major banks and other financial intermediaries as well as financial markets. Due to rapid financial globalization, the U.S. financial meltdown and deep recession caused damages to other major economies in the world. Worldwide major economic and financial programs saved the world economy from further deterioration, and set a stage for uncharted nascent recovery. There are dangers of high global inflation in the future with chance of double-dip recession if exit strategies are applied untimely to withdraw excess liquidity in inappropriate doses.
Uitgever: Sanben Agency (provided by DOAJ)
Bronbestand: Elektronische Wetenschappelijke Tijdschriften
 
 

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