PPT-The Global Financial Crisis:

Lessons for Economic and Financial Theory and Policy Swiss Finance Institute Zürich September 20 2010 Joseph E Stiglitz General Consensus Federal Reserve fell down on the job in Anticipating the downturn. By: Hong Lai. Sylvia . Zheng. Discussion Topics. Background Information. Greece’s Imports and Exports. Causes of Financial Crisis. Financial Crisis in Greece. How Greece Financial Crisis Affect Other Countries. Crisis (FC): . Comparing Canada and the Third World Countries (One county or the Developing World in general, with examples on countries). Framework: Formulate a framework using the arguments and concepts from one or more Kit Articles 1-5 and from Term 1 lecture 5 on Financial Crisis.. Joseph E. Stiglitz. The Crisis in Brief . Excess credit fed a housing bubble. Problems exacerbated by poorly designed mortgages (low doc “liar loans,” zero or negative amortization loans, variable rate mortgages, teaser rates). Joseph E. Stiglitz. Tsinghua University. March 2008. Profound Lessons Concerning Market Economies. Market economies are not self-regulating . Prone to excesses. With many people suffering in process. Towards a New World Order?. Towards Sustainable Growth?. Hong Kong. Joseph E. Stiglitz. April 29, 2009. We are not out of the Woods…. The world has pulled back from the brink where it was in September 2008. . Jamil. . Salmi. OECD Conference. 29-30 June 2009. 2. outline of the presentation.... importance of . tertiary education for development. impact of the financial crisis. the way forward. 3. solid evidence from the OECD. Dean Baker, Co-Director. Center for Economic and Policy Research. April 13. , 2012. Key Points on the Economic Crisis . The main cause was the collapse of the $8 trillion housing bubble. The financial crisis was secondary. Joseph E. Stiglitz. March 2009. A Deep and Prolonged Downturn. The first truly global downturn of the modern era of globalization. Downturn in the U.S. will be the most severe since the Great Depression. Joseph E. Stiglitz. The Crisis in Brief . Excess credit fed a housing bubble. Problems exacerbated by poorly designed mortgages (low doc “liar loans,” zero or negative amortization loans, variable rate mortgages, teaser rates). SHIJIA WU . Econ 5430. Outline. Introduction. Asian economic miracle. Asian and Southeast financial crisis. Hong Kong's financial crisis. Thailand’s financial crisis. Global Financial crisis. Conclusion. Starting in the 1990’s the business of government was business.. “…regulators “lacked the political will” to scrutinize and hold accountable the institutions they were supposed to oversee. The financial industry spent $2.7 billion on lobbying from 1999 to 2008, while individuals and committees affiliated with it made more than $1 billion in campaign contributions.”. November 24-26, 2011. . Olivia Muza. Consultant. Employment policy, global crisis, climate change and poverty: Africa’s conundrum of competing dimensions, dynamics and priorities?. Introduction. Bob Jessop. Lancaster University. Historicizing the Imperial Mode of Living,. Amsterdam, 3-4 September, 2001. Outline. Foundational Contradictions of the Capital Relation. Accumulation regimes, modes of regulation. Leeds University Business School . Developing Countries in the Global Financial Crisis: A Minskyan Account. Motivation. Outline. Neoclassical Models of Financial (Foreign Exchange) Crisis . Post Keynesian Theories of Financial Crisis.