Economic Bulletin of the National Mining University

 

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Article

Issue:2013 №2 (42)
Section:
UDK:332.1
Article language:English
Pages:118-126
Title:Global financial crisis as a symptom of the market economy turbulences in the 21st century
Authors:Hetmanchuk A.,
Sucholinski A.
Annotation:The transition of world economy into the financial turbulence phase is established basing on the cause and effect analysis of 2007–2009 financial crisis. Specific character of a new kind of cyclical dynamics of global economy is established and main reason for crisis-like phenomena are determined. 
Keywords:Bank and currency crisis, World financial crisis, Mortgage loan, Credit risk, Derivative financial instrument, Unconventional central banks operations, Liquidity
File of the article:EV20132_118-126.pdf
Abstract:EV20132_118-126en.pdf