Category: Financial Crisis

The 2020-2021 financial crisis due to COVID-19 significantly differed from the 2009 Great Recession. First, the causes and nature of the crises were different. In 2009, the economy imploded and partially collapsed due to the financial system, a range of poor oversight and negative decisions led to the crisis. Meanwhile, in 2020, the constraint is…

Corporate organisations are social entities or systems where people of different ethnicities, socioeconomic backgrounds, cultures, and calibres merge to form an organisational structure. According to Boddy (2011), modern organisations exist in a hierarchical arrangement where leaders and subordinates interact and share views. Socialists have argued that almost all organisations are social in nature, but only…

Deregulation in the financial sector was the primary driver of the 2008 financial crisis because it gave banks the power to fund trading activities with derivatives. As a result, banks raised their mortgages to cushion the derivatives sales, which brought more profit (Bernanke 251). Similarly, the move encouraged more borrowing by subprime customers because the…

Table of Contents Introduction Incentive, Rationalization, and Opportunity True Leader: Fraud Triangle Conclusion References Introduction The financial crisis of 2008 affected the economies of many countries across the globe. Many scholars agree that the housing bubble recorded in the United States between 2006 and 2007 triggered this meltdown. The discussion presented below uses the documentary…

Table of Contents Introduction Types of Financial crisis Causes of the financial crisis Prospects on the impact of the financial crisis Works Cited Introduction A financial crisis refers to a situation where the assets of financial institutions keep on reducing their value. A financial crisis may occur in banks, at the stock market, or in…

Table of Contents Introduction Analysis of Events Institutional History and Typology Exhibition History, Typology, Planning, and Curating Conclusion Works Cited Introduction The financial crisis of 2008 affected cultural institutions across the United States. For instance, the Museum of Contemporary Art (MOCA) in Los Angeles found itself financially strapped and incapable of achieving most of its…

Introduction Lebanon is known to be facing a financial crisis that continues to worsen. Unemployment, as well as poverty rates, have rocketed, and the currency has devalued substantially, which threatens political stability not solely in the country, but in the entire region. Considering this, it is critical for the Lebanese government to balance the budget,…

The financial crisis of 2008 was one of the most significant economic disasters in world history. Even though numerous countries and separate businesses were caught by surprise by the emerged problems, many experts state that the crisis could be predicted. In particular, the accounting information of KB Home, including the inventory, earnings, stock price, and…

Executive summary The objective of this research study was to assess how the current global financial crisis has had an impact on planning activities in the supply chain and contract management of four selected supply chain organizations in Edmonton, Alberta, Canada: ATCO, SYSCO, Wal-Mart, and GFS. In order to facilitate in data collection for the…

Table of Contents Macroeconomics Exchange Control The Asian Financial Crisis Conclusion References The impact of globalization is felt all over the world. Sometimes the effect of globalization forces can be dramatic and sometimes subtle. While globalization can be very difficult to track and study there are tools that can help an economist to get an…