IDEAS home Printed from https://ideas.repec.org/a/ris/ajotap/0105.html
   My bibliography  Save this article

European Sovereign Debt Crisis and its Impact on Financial Markets and Institutions

Author

Listed:
  • Ahmad, Afzal

    (Assistant Professor of Accounting, International Islamic University Chittagong, Chittagong, BANGLADESH)

Abstract

This paper examines the European sovereign debt crisis that began in 2009; it mainly considers Greece, Italy, and Portugal since they were affected by the crisis. It gives the emergence and the causes of the problem as well as its effect on their debt as a percentage of Gross Domestic Product and their Real Gross Domestic Product. It also analyses the impact on sovereign bonds and their yields, the stock, gold, derivatives, and forex markets, including the implications for financial institutions; it uses graphical illustrations from Bloomberg to back the analysis. It further assesses the measures taken so far by policymakers and financial institutions to curb the situation. It finally considers the impact of the crisis on the financial landscape and lessons learnt from it.

Suggested Citation

  • Ahmad, Afzal, 2015. "European Sovereign Debt Crisis and its Impact on Financial Markets and Institutions," American Journal of Trade and Policy, Asian Business Consortium, vol. 2(3), pages 113-120.
    • Handle: RePEc:ris:ajotap:0105
    as

    Download full text from publisher

    File URL: https://abc.us.org/ojs/index.php/ajtp/article/view/391/805
    File Function: Full text
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Debt Crisis; Financial Markets; Financial Institutions; Europe;
    All these keywords.

    JEL classification:

    • D53 - Microeconomics - - General Equilibrium and Disequilibrium - - - Financial Markets

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ris:ajotap:0105. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Alim Al Ayub Ahmed (email available below). General contact details of provider: https://abc.us.org/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.