Is the Utopia of Stability- Maximizing Markets At Stake? A preliminary response from the Subprime Crisis
During the last several months, we have witnessed one of the most trying times for financial markets in several decades. The financial crisis, which burst in the U.S. sub-prime mortgage market and propagated to the global economy, has once again demonstrated the risks associated with the integration...
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Format: | Article |
Language: | English |
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professionaldreamers
2010-09-01
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Series: | lo Squaderno |
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Online Access: | http://www.losquaderno.professionaldreamers.net/wp-content/uploads/2010/08/losquaderno17.pdf#page=21
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Summary: | During the last several months, we have witnessed one of the most trying times for financial markets in several decades. The financial crisis, which burst in the U.S. sub-prime mortgage market and propagated to the global economy, has once again demonstrated the risks associated with the integration of world’s financial markets, leading to a collective reassessment of existing economic and financial doctrines as well as of regulatory frameworks. |
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ISSN: | 1973-9141 |