Monetary reactions to the global financial crisis 2007-2009 (eBook, PDF)

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Essay from the year 2009 in the subject Business economics - Economic Policy, University of Dusseldorf "Heinrich Heine", language: English, abstract: For the last couple of years the world has been experiencing one of the most severe financial crises ever which has been often compared to the Great Depression from 1929. The crisis began with the downturn of the subprime housing market in the USA in 2007 and spread all over the planet. The negative effects of the Global Financial Crisis from 2007-2009 are both financial and real. The financial impact of the crisis resulted in problems in the ban...