Global Financial Crisis

Name: Global Financial Crisis
Brand: Taylor & Francis

Taylor & Francis

The Global Financial CrisisFrom US subprime mortgages to European sovereign debt\nAuthor(s): George K. Zestos\nFormat: Hardback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Routledge\nISBN-13: 9781138800199, 978-1138800199\nSynopsis\nAlthough banking and sovereign debt crises are not unusual, the crisis that has unfolded across the world since 2007 has been unique in both its scale and scope. It has also been unusual in being both triggered by, and mainly affecting, developed economies. Starting with the US subprime mortgage crisis, and the recession in [tel], the problem soon erupted into financial crisis in Europe. A few of these countries came to the brink of bankruptcy, and were rescued by the EU and the IMF on the condition they adopt austerity measures. The detrimental social effects of the crisis in both the US and Europe are still emerging.\n\nAlthough there have been several studies published on the US crisis in particular, there has so far been an absence .