The global financial crisis: what happened and what’s next

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cepal.bibLevelDocumento Completo
cepal.callNumberLC/L.3009-P
cepal.docTypeSeries
cepal.physicalDescriptiongráficos, tablas
cepal.regionalOfficeWashington
cepal.regionalOfficeWashington
cepal.topicEngECONOMIC STATISTICS
cepal.topicSpaESTADÍSTICAS ECONÓMICAS
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaEngSTATISTICS
cepal.workareaSpaDESARROLLO ECONÓMICO
cepal.workareaSpaESTADÍSTICAS
dc.contributor.authorBustillo, Inés
dc.contributor.authorVelloso, Helvia
dc.coverage.spatialEngLATIN AMERICA
dc.coverage.spatialSpaAMERICA LATINA
dc.date.accessioned2015-04-09T20:54:18Z
dc.date.available2015-04-09T20:54:18Z
dc.date.issued2009-02
dc.description.abstractGlobal economic conditions have been deteriorating sharply since mid- September 2008. Lending has dropped abruptly, credit spreads have widened sharply, stock markets have plunged and economies everywhere are stumbling. Governments around the world have undertaken unprecedented measures, including some coordinated intervention. However, global economic prospects remain troubled, and further policy action is required. In order to better understand the task before policy makers as they chart a new direction, this paper examines how the global economy arrived at its current predicament, looking back at the sequence of events that contributed to create havoc in financial markets, as well as the policy response they produced. In light of these events, we examine the impact on Latin American financial markets in particular. The global nature of the current crisis underscores the need for coordinating the policy response at the global level, as well as advancing towards a new international financial architecture that will make possible a more effective response to the build-up of systemic pressures.
dc.formatTexto
dc.format.extent52 páginas.
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/L.3009-P
dc.identifier.unSymbolLC/WAS/L.101
dc.identifier.urihttps://hdl.handle.net/11362/37857
dc.language.isoeng
dc.physicalDescription52 p.; grafs., tabls.
dc.publisherECLAC, Washington Office
dc.publisher.placeWashington, D.C.
dc.relation.isPartOfSeriesStudies and Perspectives Series (Washington, DC)
dc.relation.isPartOfSeriesNo4
dc.rights.coarDisponible
dc.subject.unbisEngFINANCIAL CRISIS
dc.subject.unbisEngCAPITAL MARKETS
dc.subject.unbisEngECONOMIC POLICY
dc.subject.unbisSpaCRISIS FINANCIERA
dc.subject.unbisSpaMERCADOS DE CAPITAL
dc.subject.unbisSpaPOLITICA ECONOMICA
dc.titleThe global financial crisis: what happened and what’s next
dc.type.coarlibro
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Studies and Perspectives – ECLAC Office in Washington