In this study of global recessions of the world our aim is to prepare a cause and effects analysis for four major recessions which have occurred in the world. We are considering recessions of USA in 2007-2009‚ in Early 2000’s in USA‚ Asian market crisis in 1997 and Japanese bubble burst in 1990’s. In each of these recessions our aim is to analyse its primary cause and their various effects on macroeconomic factors like GDP fall‚ unemployment‚ inflationary situations etc. so that we can come out with
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Chapter 1 The Investment Environment INVESTMENTS (ASIA GLOBAL EDITION) | BODIE‚ KANE‚ MARCUS‚ McGraw-Hill/Irwin JAIN Copyright © 2011 by The McGraw-Hill Companies‚ Inc. All rights reserved. Real Assets Versus Financial Assets 1-2 • Real Assets – Determine the productive capacity and net income of the economy – Examples: Land‚ buildings‚ machines‚ knowledge used to produce goods and services • Financial Assets – Claims on real assets INVESTMENTS (ASIA GLOBAL EDITION) | BODIE‚ KANE‚ MARCUS‚
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Shadow Banking System and its role in the global financial crisis What is shadow banking system Shadow Banking System (SBS) refers to a collection of financial entities‚ infrastructures and practices which support financial transactions but beyond the regulation and monitor from the government or official regulators. Some financial institutions‚ like investment banks‚ may conduct some their transactions in the shadow banking system‚ but they are not SBS institutions themselves. The term was
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Final Analytical Application of Current Microeconomic events Introduction The article ‘Financial crisis in the living room’ written by Renan Bourdeau on the 8th of September 2013 featured in the Khaleej Times. It questions the ramifications ascribed to the fact that the populace’s salaries are not increasing in congruence with housing costs. The article cites that the recovery of the residential estate in Dubai has featured in the news for quite some time and the prices of houses have soared‚ and
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of the same financial institutions that led to the crisis. It also shows how the debt chain works and how a Principle debtor’s money goes to investor all over the world. The Documentary is in five parts we will look at them one by one. Part: 1. How we got there? In september 2008 the bankruptcy of US investment bank Lehman Brothers and the collapse of the world largest insurance company AIG triggered the global financial crisis. This crisis was not an accident It was caused by an out of control
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Conventional financial systems have never worked this way and it worked for them for many years until they were hit by the financial crisis. The crisis had a minimal impact on the Islamic financial systems because they did not comply with all the factors that created the crisis in the first place. There were 3 main factors in the creation of the financial crises. First‚ subprime loans‚ which was lending to certain people who did not have a good credit history and were bound to default. The banks than charged
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Cited: State Street Corp. to Pay $300 Million in Subprime Mortgage Case. (2010‚ February 4). Retrieved April 2‚ 2013‚ from Business-Ethics.com: http://business-ethics.com/2010/02/04/1331-state-street-corporation-to-pay-300-million-subprime-morgtage-cas/ Code of Ethics for Senior Financial Officers. (2013‚ February 1). Retrieved April 4‚ 2013‚ from StateStreet.com: http://phx.corporate-ir.net/External
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Matthew Williams Professor Clifford Bryan FIN 330 4/15/2014 Gramm-Leach-Bliley Act The financial crisis of 2008 is considered by many economists to be the worst financial crisis since the Great Depression of the 1930s. First signs of the crisis started to show in 2007 when the price of houses started to fall rapidly in the United States and then around the world. This financial crisis resulted in the failure of many large US financial institutions‚ banks to be bailout by the United States government
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deregulation of the Glass Steagal Act and semi-government agencies like the Fannie Mac and Fannie Mae‚ as contributors to the subprime crisis. Base on your research‚ do you think that these Acts and agencies have a role to play in the subprime mortgage crisis? 2. Do you believe that the U.S. government treated different financial institutions differently during the crisis? Was that appropriate? 3. Many experts argue that when the government bails out a private financial institution it creates
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Early Origins The Morgan banking legacy dates way back to the mid of 1800‚ when Junior S. Morgan joined the company in his late thirties that‚ in the future‚ eventually become the world renowned J.P Morgan and Co... His son‚J. Pierpont Morgan ‚ who was to be the founder of J.P Morgan and Co.‚ was the financial titan of his day‚ acting as the United States’s unofficial banker‚ recognizing its railroad and helping to form great industrial combinations‚ such as General Electrics and U.S Steels. J.P
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