The Global 2008-2009 Financial Crisis: Origins, Patterns, Consequences, and Policy Responses

Volume 9, Issue 3, June 2024     |     PP. 106-117      |     PDF (183 K)    |     Pub. Date: July 4, 2024
DOI: 10.54647/economics790461    65 Downloads     4047 Views  

Author(s)

Jingyi Zhang, Institute of Logic and Information, Sichuan Normal University, Chengdu, Sichuan 610068, China

Abstract
The global 2008-2009 financial crisis played a significant role in global financial history. Analyzing it is of vital importance to prevent such a crisis from happening again. The paper is based on the global financial crisis and aims to analyze its origins, patterns, consequences and policy responses. The paper consists of six parts. The first part is the background of the crisis, providing some basic information. The second part mainly analyzes the origins of the crisis. The third part is the patterns of the crisis, illustrating how the crisis evolved. The fourth and fifth parts provide information about the consequences and policy responses of the crisis in America and global areas respectively. In the end, a conclusion is drawn based on the above analysis.

Keywords
global 2008-2009 financial crisis; origins; patterns; consequences; policy responses

Cite this paper
Jingyi Zhang, The Global 2008-2009 Financial Crisis: Origins, Patterns, Consequences, and Policy Responses , SCIREA Journal of Economics. Volume 9, Issue 3, June 2024 | PP. 106-117. 10.54647/economics790461

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