The economic and financial crisis from 2008 to 2009, also known as the global financial crisis, was considered to be the worst financial crisis since the Great Depression. The general situation of financial markets has been additionally complicated by the introduction of new financial products as well as other modes of operations including globalization. The global financial market seems to be playing a different function in our economy and it has been working because of new regulations. The introduction of new trade platforms, online access to information, integration and globalization of the market have caused some revisions of finance theories.
1. What are reliable predictors of economic and financial crises?
2. Describe some achievements and pending issues in context of a global crisis.
3. To what degree has the Covid19 pandemic brought about another economic and financial crisis today?
Instructions:
Apply research from viable and credible sources (e.g., academic journals, economic periodicals, books, etc.) in an analysis of the above questions (1 page minimum per question). An unsupported opinion is not appropriate and will not earn full credit. Use in-text citations to identify the source of every idea that comes from your sources. You will earn credit only for your own original work (paraphrase, do not quote). There is no credit for quoted content. More importantly, using any content that violates the Academic Honesty policy in the Syllabus will result in a failing grade for this assignment. Remember, paraphrasing means using your own words to describe your research. Using the work of another author and simply changing or rearranging the wording is considered plagiarism. This includes using translation or paraphrasing applications. See https://writing.wisc.edu/Handbook/QPA_paraphrase.html for a very clear guide on paraphrasing. Let your instructor know if you have any questions about this fundamental rule of scholarship.
Submit your work as a single MS Word-formatted fine by the posted due date. You may earn credit for work submitted up to 3 days after the due date subject to a 10% per-day late deduction.
These are the 3 questions:
1. What are reliable predictors of economic and financial crises?
2. Describe some achievements and pending issues in context of a global crisis.
3. To what degree has the Covid19 pandemic brought about another economic and financial crisis today?
Morris: Each question has to be 1 page min