期刊名称:AESTIMATIO : the IEB International Journal of Finance
印刷版ISSN:2173-0164
出版年度:2010
期号:1
页码:72-87
出版社:Instituto de Estudios Bursátiles
摘要:Crisis prevention is never an easy task and past experiences tell us that great turbulences may come in many different forms. As for the present global crisis, its inception was a mixture of errors of economic policy, of greed on the part many creditors and borrowers across the world and of inadequate financial supervision from many agencies. This paper tries to pinpoint the roots of the crisis but it goes beyond that, for there is al- ways an aftermath of the shock that has profound effects in the world economic fabric, effects which have to be pondered over to understand the range of the meltdown and the huge problems that lie ahead.
关键词:Meltdown; Sovereign debt; Financial regulation; Financial capitalism.