PPT-Financial Crisis of 2008

Econ 102 2014 Worst recession in 80 years How did it happen How was the situation before the crisis Great Moderation Stable growth and low inflation Worst recession in 80 years How did it happen. Emerging Market Economies. Assistant Professor . Dr. . Thanet. . Wattanakul. Faculty of Integrated Social Sciences. Khon. . Kaen. University. Nong. . Khai. Campus. Contents. INTRODUCTION. CAUSES AND CONSEQUENCES OF ASIAN DEBT CRISIS. In 1956, two concurrent events transformed the postwar pattern of international relations. The Suez crisis marked the end of innocence for the Western Alliance; henceforth, the . Western allies would never again be able fully to believe in their own avowals of a perfect symmetry of interests. Simultaneously, the bloody suppression of the Hungarian uprising showed that the Soviet Union would maintain its sphere of interest, by force if necessary, and that talk of liberation was empty. There could no longer be any doubt that the Cold War would be both protracted and bitter… Kissinger, Diplomacy, pp. 550-551.. Vice Chairman. Chief Financial Officer. Chief Administrative Officer. UMB Financial Corporation. The Making or Breaking of American Economic Prosperity. Making the case for a return to civility, honesty and integrity in business, politics, and the financial industry.. by. Claudio Borio, Bent Vale and Goetz von Peter*. Norges Bank conference: . Government intervention and moral hazard in the financial sector. . 2 to 3 September 2010. * . Claudio Borio and Goetz von Peter are, respectively, Head of Research and Policy Analysis and Economist at the BIS. Bent Vale is Assistant Director at the Norges Bank. The views expressed are those of the authors and not necessarily those of the BIS or the Norges Bank. 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. October 16, 2010. House prices rose rapidly from 2000 to 2006. Subprime mortgages expanded rapidly as well. Increase in house prices slowed down in 2007. Households with excessive debt began to face problems. 2. Question to Consider. What are the key challenges police officers face when dealing with persons in behavioral crisis?. 3. Recognizing a. Person in Crisis. Crisis Recognition. 4. Behavioral Crisis: A Definition. October 16, 2010. House prices rose rapidly from 2000 to 2006. Subprime mortgages expanded rapidly as well. Increase in house prices slowed down in 2007. Households with excessive debt began to face problems. Emerging Market Economies. Assistant Professor . Dr. . Thanet. . Wattanakul. Faculty of Integrated Social Sciences. Khon. . Kaen. University. Nong. . Khai. Campus. Contents. INTRODUCTION. CAUSES AND CONSEQUENCES OF ASIAN DEBT CRISIS. 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.”. Jenna L. Currie-Mueller. Background. Organization is privileged. Expanding field and contexts. Need inclusivity. A new form of crisis. Tight-coupling . Increased entropy of society. New events that defy current understanding. Definition and Types of Crises A crisis involves a disruption of an individuals normal or stable state More specifically a The Precipitating FactorThe precipitating factor is the event that converts a 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. . Khurshid Ahmad,. Chair of Computer Science. Trinity College, Dublin, IRELAND. kahmad@cs.tcd.ie. Coursework. In this coursework you will . explore the causes of the 2008 financial . crisis, with special reference to four EU countries –...