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1. What are the main origins of international financial crises? Explain each in detail.
Step by step
Solved in 2 steps
- With reference to examples, discuss the main causes of financial crises in emerging markets.Why might financial liberalization and globalizationlead to financial crises in emerging market economies?Explain the reasons for the emergence of financial crises in the world and what measures were taken to overcome the crisis.
- Explain Debt Crisis and Asian Financial Crisis briefly.What are the causes and impact of financial crisis 2007 – 08 on world economy with special reference to the Indian economy.What are two areas that are primary contributors to the ‘08-‘09 financial crisis for both the US and Iceland? Also, what was the impact of the banking/financial crisis for both the US and Iceland?