US Financial Crisis: Prospects and Perils of Need for New Regulations
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Code : ECC0034
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Region : Global |
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Introduction: Theworld economy has prosperedwith the worldwide deregulations of financialmarkets in the 1970's and innovations in the financial products. Since then, the global economy has seen few crisis and downturns and the most recent is the US financial crisis (2008) and its consequences on the other parts of the globe. The US financial crisis has caused large amounts of losses, bailouts and liquidations of the financial institutions across the world pushing the world economy to recession. |
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