TITLE

HOW NOT TO SOLVE A CRISIS

AUTHOR(S)
Stacey, Bill; Morris, Julian
PUB. DATE
March 2009
SOURCE
Economics, Management & Financial Markets;Mar2009, Vol. 4 Issue 1, p47
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
For over a year, financial markets have been in turmoil. Banks have been refusing to lend to one another. Companies and individuals have found it increasingly difficult to borrow money. Investors and pension holders have seen the value of their assets collapse. Making matters worse, government intervention has been largely counterproductive, helping to turn a financial crisis into an economic catastrophe. As the bailouts continue and calls for more regulation are heard around the world, we seek to review the origins of the crisis and consider which policies might better address the underlying problems.
ACCESSION #
43278149

 

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