Financial crises are recurring phenomena that can cause significant economic and societal
loss. This book is therefore vitally important as it analyzes why and how financial crises …

Financial crises have been recurring events throughout history, with significant
repercussions on global economies. These crises, characterized by severe disruptions in …

The lingering effects of the economic crisis are still visible—this shows a clear need to
improve our understanding of financial crises. This book surveys a wide range of crises …

The global financial crisis of 2007-09 has led to an intensive research program analyzing a
wide range of issues related to financial crises. This paper presents a summary of a …

A Brookings Institution Press and World Bank Group publication Throughout the 1990s,
numerous financial crises rocked the world financial sector. The Asian bubble burst, for …

The 2007 financial and economic crisis that began in the United States and quickly spread
around the world differed from earlier crises in a number of significant ways. This book …

Faced with a systemic financial sector crisis, policymakers need to make difficult choices
under pressure. Based on the experience of many countries in recent years, few have been …

Faced with a systemic financial sector crisis, policymakers need to make difficult choices
under pressure. Based on the experience of many countries in recent years, few have been …

This paper provides a brief analysis of three major questions raised in the context of the
recent global financial crisis. First, how similar is the crisis to previous episodes? We argue …

The recent financial crisis has resulted in the most severe global recession in the postwar
period. It also caused the most synchronized global recession episode of the past seventy …