The Future Of Finance

Categories: Business Pages: 227 Language: English Format: PDF Tags: Finance | Financial Markets | Risk Management | Technology Management | Download Book Read Online

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Books | Business | The Future Of Finance

Excerpt :

Economic and financial crashes are nothing new. Students of finance will be familiar with the pattern of crises that has beset markets since the 1700s.

However, the crisis of 2007 – 2009 was unique in certain respects. First, it took place in an era of globalization, with its consequent almost instantaneous transmission of events. Second, it followed no set pattern.

There was no initial shock followed by recovery; rather, economies and markets were beset by a series of shocks, each of greater impact than the last.

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