Advertisement

Introduction

  • Carol Yeh-Yun Lin
  • Leif Edvinsson
  • Jeffrey Chen
  • Tord Beding
Chapter
Part of the SpringerBriefs in Economics book series (BRIEFSECONOMICS, volume 15)

Abstract

The 2008 global financial crisis is considered by many economists to be the worst one since the Great Depression of the 1930s. The crisis rapidly developed and spread into a global economic shock, which resulted in a number of European bank failures (Altman 2009; Fackler 2008). World political leaders, national ministers of finance, and central bank directors coordinated their efforts to reduce fear, but the crisis continued and eventually led to a global currency crisis.

Keywords

Gross Domestic Product Financial Crisis International Monetary Fund Euro Area Global Financial Crisis 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© The Author(s) 2014

Authors and Affiliations

  • Carol Yeh-Yun Lin
    • 1
  • Leif Edvinsson
    • 2
  • Jeffrey Chen
    • 3
  • Tord Beding
    • 4
  1. 1.Department of Business AdministrationNational Chengchi UniversityTaipeiTaiwan (Republic of China)
  2. 2.Universal Networking Intellectual CapitaNorrtaljeSweden
  3. 3.AccentureChicagoUnited States of America
  4. 4.TC-Growth ABKarlstadSweden

Personalised recommendations