Global financial crisis as a symptom of the market economy turbulences in the 21st century

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