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portada Financial Crises: Causes, Consequences, Policy Responses and Management
Type
Physical Book
Language
English
Pages
380
Format
Hardcover
ISBN13
9781647254513

Financial Crises: Causes, Consequences, Policy Responses and Management

Ross Frida (Author) · Ny Research Press · Hardcover

Financial Crises: Causes, Consequences, Policy Responses and Management - Ross Frida

Physical Book

£ 143.29

  • Condition: New
Origin: U.S.A. (Import costs included in the price)
It will be shipped from our warehouse between Thursday, June 13 and Monday, July 01.
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Financial Crises: Causes, Consequences, Policy Responses and Management Financial Crises: Causes, Consequences, Policy Responses and Management

Synopsis "Financial Crises: Causes, Consequences, Policy Responses and Management"

Financial crisis refers to a condition wherein a financial asset unexpectedly loses a significant portion of its nominal value. There are various types of financial crises including stock market crises, external debt crises, banking crises, balance of payments crises and currency crises. A financial crisis can have several causes such as an overvalued asset or institution, which can then be worsened by irrational behavior of the investors. During a financial crisis, asset values endure a sharp decrease, firms and individuals are unable to pay their dues, and financial institutions face a shortage of liquidity. Policy responses are implemented by the governments in order to prevent the banking and financial institutions from collapsing as well as mitigating the consequences of the credit crunch on the economy. This book outlines the causes, consequences, policy responses and management of financial crisis. It will prove to be immensely beneficial to students and researchers in this field.

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