الفهرس 
Causes and characteristics of international finacial crisisOnly 14 pages are availabe for public view
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Abstract
To start with, the Global Financial Crisis which started in September 2008 in the United States of America is considered by many economists to be the worst financial crisis since the Great Depression in 1929. It resulted in the collapse of large financial institutions, the bailout of banks by national governments, and downturns in stock markets around the world.
In many areas, the housing market had also suffered, resulting in numerous evictions, foreclosures, and prolonged vacancies. It contributed to the failure of key businesses, to declines in consumer wealth estimated in trillions of U.S. dollars, and to a significant decline in economic activity, leading to a severe global economic recession.
The financial crisis was triggered by a liquidity shortfall in the United States banking system in 2008. The collapse of the U.S. housing bubble, which peaked in 2007, caused the values of securities tied to U.S. real estate pricing to plummet, damaging financial institutions globally. Questions regarding bank solvency, declines in credit availability, and damaged investor confidence had an impact on global stock markets, where securities suffered from large losses during 2008 and early 2009. Economies worldwide slowed during this period, as credit tightened and International trade declined. Governments and central banks responded with unprecedented fiscal stimulus, monetary policy expansion, and institutional bailouts.
While many causes for the financial crisis have been suggested, with varying weight assigned by experts, they found that the crisis was not a natural disaster, but the result of high risk, complex financial products, undisclosed conflicts of interest, the failure of regulators, and the credit rating agencies. The market itself reined in the excesses of Wall Street.