It was a world characterised by massive swings in our terms of trade, and a very
serious international financial crisis followed by a deep global recession, not to mention the effects of the adoption of «non-conventional» policies in the major jurisdictions.
Bernstein was writing before the dramatic collapse of Long - Term Capital Management in 1998 and the more
recent international financial crisis — both events widely linked to the proliferation of complex financial products.
Bernanke had presided over the United States central bank during the 2008 - 09
international financial crisis and is currently a distinguished fellow in residence with the economic studies program at the Brookings Institution.
The controversial «Note on financial reform from the Pontifical Council for Justice and Peace» makes
the international financial crisis, still unfolding around us in slow motion, the occasion for a renewed call for a «global political authority.»
Gordon Brown says the international community can «work together» to solve
the international financial crisis, as he prepares to travel to Washington.
You know, like the fact that the last Labour government had reduced the national debt as a percentage of GDP to its lowest level since WWII before
the international financial crisis hit in 2008.
«Since
the international financial crisis in 2007 and 2008, policymakers have been discussing new ways to regulate the system in order to help avoid a repeat scenario.
It's hard to avoid the gloomy headlines about the state of our national debt and
international financial crisis.
So far,
international financial crisis is keeping that possibility at bay, but the question is, for how long?
«
The international financial crisis is another example, it is not an inevitable outcome of economic globalization, rather it is the consequence of the excessive chase of profit by financial capital and a great failure of financial regulation,» he said.
The international financial crisis that began in the U.S. subprime mortgage market in 2007, for example, is importantly linked to at least two of the innovative financial techniques discussed in this book: securitization and credit default swaps.
They say they plan to open a host of new Re / Max offices to accommodate the local real estate market, which is still growing despite
the international financial crisis.