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Authors : 1. A. V. Arkhipovskaya,
post-graduate student
State University – Higher School of Economics, Moscow
Mechanisms of broadening and deepening of a crisis by an example of 2007–2008 financial crisis
The article presents a review of events in the financial market in 2007–2008. The author studies the interconnection between macroeconomic policy conducted by the USA monetary authorities since beginning of 1980-s till now, and the risks which have concentrated in the financial system and resulted in the crisis. The author specifies the mechanisms of the crisis deepening and broadening, and gives her own evaluation to them.
Keywords :
macroeconomics, interest rate, inflation, derivatives, securitization, liquidity
Bibliography :
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Citation :
Type of article : The scientific article
Date of receipt of the article :
18.05.2010
Date of adoption of the print :
15.09.2010
Date of online accommodation :
24.06.2016
