Financial Crisis 2007-2009: How Real Estate Bubble and Transparency and Accountability Issues Generated and Worsen the Crisis

This paper seeks to explain some main factors behind the Financial Crisis 20072009 with a special focus on the Real Estate Bubble and Transparency and Accountability Issues in US Financial System and how these two factors generated and worsen the crisis. Financial Crisis 2007-2009, which starts from the United States sub-prime mortgage market and spread to US financial sector and later on spread to the rest of world, is said to be an even bigger crisis than the Great Depression of 1929. This crisis is unique in this way and we haven't seen such a bigger impact world wide from any other crisis. This paper would empirically prove the main causes which are right in the heart of the crisis and least discussed.

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Main Author: Aziz,Bilal
Format: Digital revista
Language:English
Published: Universidad Autónoma de Baja California 2012
Online Access:http://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S0187-69612012000200008
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spelling oai:scielo:S0187-696120120002000082013-06-21Financial Crisis 2007-2009: How Real Estate Bubble and Transparency and Accountability Issues Generated and Worsen the CrisisAziz,Bilal sub-prime mortgages housing bubble mortgage back securities conduits wealth and income inequalities This paper seeks to explain some main factors behind the Financial Crisis 20072009 with a special focus on the Real Estate Bubble and Transparency and Accountability Issues in US Financial System and how these two factors generated and worsen the crisis. Financial Crisis 2007-2009, which starts from the United States sub-prime mortgage market and spread to US financial sector and later on spread to the rest of world, is said to be an even bigger crisis than the Great Depression of 1929. This crisis is unique in this way and we haven't seen such a bigger impact world wide from any other crisis. This paper would empirically prove the main causes which are right in the heart of the crisis and least discussed.info:eu-repo/semantics/openAccessUniversidad Autónoma de Baja CaliforniaEstudios fronterizos v.13 n.26 20122012-12-01info:eu-repo/semantics/articletext/htmlhttp://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S0187-69612012000200008en
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country México
countrycode MX
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databasecode rev-scielo-mx
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region America del Norte
libraryname SciELO
language English
format Digital
author Aziz,Bilal
spellingShingle Aziz,Bilal
Financial Crisis 2007-2009: How Real Estate Bubble and Transparency and Accountability Issues Generated and Worsen the Crisis
author_facet Aziz,Bilal
author_sort Aziz,Bilal
title Financial Crisis 2007-2009: How Real Estate Bubble and Transparency and Accountability Issues Generated and Worsen the Crisis
title_short Financial Crisis 2007-2009: How Real Estate Bubble and Transparency and Accountability Issues Generated and Worsen the Crisis
title_full Financial Crisis 2007-2009: How Real Estate Bubble and Transparency and Accountability Issues Generated and Worsen the Crisis
title_fullStr Financial Crisis 2007-2009: How Real Estate Bubble and Transparency and Accountability Issues Generated and Worsen the Crisis
title_full_unstemmed Financial Crisis 2007-2009: How Real Estate Bubble and Transparency and Accountability Issues Generated and Worsen the Crisis
title_sort financial crisis 2007-2009: how real estate bubble and transparency and accountability issues generated and worsen the crisis
description This paper seeks to explain some main factors behind the Financial Crisis 20072009 with a special focus on the Real Estate Bubble and Transparency and Accountability Issues in US Financial System and how these two factors generated and worsen the crisis. Financial Crisis 2007-2009, which starts from the United States sub-prime mortgage market and spread to US financial sector and later on spread to the rest of world, is said to be an even bigger crisis than the Great Depression of 1929. This crisis is unique in this way and we haven't seen such a bigger impact world wide from any other crisis. This paper would empirically prove the main causes which are right in the heart of the crisis and least discussed.
publisher Universidad Autónoma de Baja California
publishDate 2012
url http://www.scielo.org.mx/scielo.php?script=sci_arttext&pid=S0187-69612012000200008
work_keys_str_mv AT azizbilal financialcrisis20072009howrealestatebubbleandtransparencyandaccountabilityissuesgeneratedandworsenthecrisis
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