Strategic Implications of the 2008 Financial Crisis
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F09%3A00009246" target="_blank" >RIV/00216275:25410/09:00009246 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—
Alternative languages
Result language
angličtina
Original language name
Strategic Implications of the 2008 Financial Crisis
Original language description
While the form of crises may change, their essence remains the same such as a cycle of abundant liquidity, rapid credit growth, and a low-inflation environment followed by an asset-price bubble. The current market turmoil began in mid-2000s when the US economy shifted to imbalanced both internal and external macroeconomic positions. We see two key causes of these problems - loose US monetary policy in early 2000s and US government guarantees issued on the securities by government-sponsored enterprises what was further fueled by financial innovations such as structured credit products. We have discovered both negative and positive lessons deriving from this crisis and divided the negative lessons into three groups: financial products and valuation, processes and business models, and strategic issues. Moreover, we address key risk management lessons derived from the current crisis and recommend policies that should help diminish the negative impact of future potential crises.
Czech name
—
Czech description
—
Classification
Type
D - Article in proceedings
CEP classification
AH - Economics
OECD FORD branch
—
Result continuities
Project
—
Continuities
V - Vyzkumna aktivita podporovana z jinych verejnych zdroju
Others
Publication year
2009
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
World Summit on Global Economic Crisis
ISBN
—
ISSN
1947-2195
e-ISSN
—
Number of pages
23
Pages from-to
—
Publisher name
Global Strategic Management, Inc.
Place of publication
Michigan
Event location
London, UK
Event date
Jul 18, 2009
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
—