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The current financial crisis and lessons which can be gained

Author

Listed:
  • Mauri, Arnaldo

    (Univerita degli Studi di Milano)

  • Baicu, Claudia

    (Faculty of Marketing and International Business)

Abstract

Since the development of modern banking in Italian renaissance, financial crises have from time to time affected institutions and markets and have raised concern about stability of financial systems. Authorities and scholars around the world are investigating the matter discussing on the proximate and more distant causes of crises and gaining lessons from the experience of the past, on the steps that could be taken to minimize vulnerability of financial systems. The paper focuses on the analysis of the most important factors contributing to the triggering of the current financial crisis, the peculiarities and the lessons of the crisis.

Suggested Citation

  • Mauri, Arnaldo & Baicu, Claudia, 2009. "The current financial crisis and lessons which can be gained," Annals of Spiru Haret University, Economic Series, Universitatea Spiru Haret, vol. 1(1), pages 11-20.
  • Handle: RePEc:ris:sphecs:0001
    as

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    File URL: http://www.manecognitiva.ro/jurnals/spiru-haret-economics/2009/vol9/1-mauri-baicu.pdf
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    Cited by:

    1. repec:aud:audfin:v:21:y:2019:i:50:p:258 is not listed on IDEAS
    2. Daniel Adrian Gardan & Ionel Dumitru & Iuliana Petronela Gardan & Irina Elena Andronie & Cristian Uta & Mihai Andronie, 2019. "Integrating the Principles of Green Marketing by Using Big Data. Good Practices," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 21(50), pages 258-258, February.

    More about this item

    Keywords

    financial crisis; financial globalization; subprime; securitization; mortgage backed securities; financial regulation;
    All these keywords.

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises

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