Financial crisis

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The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.

Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world.

For more information about Financial crisis, read the full article at Wikipedia.
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News tagged with financial crisis


In search of the root causes of the 2008 crisis: New York Fed to hear new theory on financial meltdown

Other Sciences / Economics

created Dec 07, 2009 | popularity 2.5 / 5 (2) | comments 0

(PhysOrg.com) -- Anjan Thakor, finance professor at the Olin Business School, Washington University in St. Louis, will present a new theory on the causes of the financial crisis to a meeting of the New York Federal Reserve ...





Search results for financial crisis


Strategic management theory offers fresh take on the economic crisis

Other Sciences / Economics

created Nov 24, 2009 | popularity 4 / 5 (3) | comments 0

The recent financial crisis and resulting global economic downturn has been the most defining global economic event since the Great Depression. Now research which appears in the November issue of Strategic Organization, publis ...


The world's next economic hot spot?

The world's next economic hot spot?

Other Sciences / Economics

created Dec 21, 2009 | popularity not rated yet | comments 0

(PhysOrg.com) -- A bailout by neighboring emirate Abu Dhabi has apparently stabilized Dubai’s financial crisis. But the longer-term economic impact—on Dubai and other nations—could grow more serious.


Nokia to ax 220 R&D jobs in Japan

Technology / Business

created Nov 24, 2009 | popularity not rated yet | comments 0

(AP) -- Nokia Corp. said Tuesday it is axing 220 jobs at research and development units in Japan as the world's largest mobile phone maker continues to cut costs.


New software to simulate future financial crises

New software to simulate future financial crises

Technology / Computer Sciences

created Dec 03, 2009 | popularity not rated yet | comments 0

(PhysOrg.com) -- Can economics better predict how banks will react to future credit crunches and their impact on the wider economy? Breakthrough simulation software by European researchers could hold the answers ...


Soros: Climate financing dispute could wreck talks (AP)

Soros: Climate financing dispute could wreck talks (Update)

Space & Earth / Environment

created Dec 10, 2009 | popularity 1 / 5 (2) | comments 3

(AP) -- The $10 billion a year proposed by rich nations to help the poor adapt to climate change is "not sufficient" and the gap between what's offered and what's needed could wreck the Copenhagen climate ...


Value of volunteering more than economic

Other Sciences / Social Sciences

created Dec 14, 2009 | popularity not rated yet | comments 0

With rising unemployment and fewer job vacancies, the current financial crisis has seen renewed policy emphasis in both Europe and the UK on volunteering as a route to employment, according to a new report from the Economic ...


China is now the world's top producer of the solar power cells

China solar panel makers see boost from Copenhagen

Technology / Energy

created Dec 03, 2009 | popularity 3.7 / 5 (3) | comments 2

In Trina Solar's brilliant white factory in eastern China, masked workers in lab coats turn silicon wafers into solar power cells capable of harnessing the sun's clean and limitless energy.


Biology, training and profit sharing make best traders

Biology, training and profit sharing make best traders

Other Sciences / Mathematics

created Nov 25, 2009 | popularity 4.5 / 5 (2) | comments 1

(PhysOrg.com) -- Cambridge researchers have identified a group of traders consistently able to outperform the market, even during the credit crisis.


Diplomatic frenzy at final day of UN climate talks (AP)

Diplomatic frenzy at final day of UN climate talks

Space & Earth / Environment

created Dec 18, 2009 | popularity 4 / 5 (4) | comments 2

(AP) -- A diplomatic frenzy enveloped the final day of the U.N. climate conference Friday, with President Barack Obama twice meeting privately with China's premier as world leaders pressed to salvage a global ...



List of search results for financial crisis