Scribd Logo
Upload

Welcome to Scribd!

  • Global Fin Crisis

    Uploaded by

    Baker Friehat
    7 views20 pages
    The document discusses the common causes of financial crises. It notes that financial crises happen frequently all over the world and have devastating human costs such as employment loss. It argues that stability breeds instability over time and outlines Charles Kindleberger's model of how financial crises typically progress from a mania period, to a panic or crash. The goal is to better understand and respond to financial crises.

    Original Description:

    The Global Fin crisis slides

    Original Title

    Global Fin crisis

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    The document discusses the common causes of financial crises. It notes that financial crises happen frequently all over the world and have devastating human costs such as employment loss. It argues that stability breeds instability over time and outlines Charles Kindleberger's model of how financial crises typically progress from a mania period, to a panic or crash. The goal is to better understand and respond to financial crises.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    7 views20 pages

    Global Fin Crisis

    Uploaded by

    Baker Friehat
    The document discusses the common causes of financial crises. It notes that financial crises happen frequently all over the world and have devastating human costs such as employment loss. It argues that stability breeds instability over time and outlines Charles Kindleberger's model of how financial crises typically progress from a mania period, to a panic or crash. The goal is to better understand and respond to financial crises.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 20

    The Global Financial Crisis

    Module 2 The Common Causes of Financial Crises

    Timothy F. Geithner

    Lectures on Financial Crises

    01

    02

    03

    The Common Causes


    of Financial Crises

    Our Responses
    to the Crisis

    Responding to
    Future Crises

    Lectures on Financial Crises

    01

    02

    03

    The Common Causes


    of Financial Crises

    Our Responses
    to the Crisis

    Responding to
    Future Crises

    The Global Financial Crisis


    Module 2 The Common Causes of Financial Crises

    01 Why Does This Matter?

    Financial crises happen frequently and all over the world.

    Financial crises have devastating human costs.

    Financial Crises
    Employment Loss

    Japan 92

    USA 29
    Sweden 91

    Financial Crises
    Employment Loss

    Finland 91
    USA 29

    Financial Crises
    Employment Loss

    USA 29

    Spain 77

    Wars vs Financial Crises

    Battle Deaths per million of world population

    Financial Crises, share of world GDP

    We Can Do Better.

    Stability breeds instability.


    Hyman Minsky

    100 YRS

    20 YRS
    10 YRS
    5 YRS

    River

    The Anatomy of a Financial Crisis


    Kindleberger Chart
    Panic begins

    Mania

    Panic / Crash

    You might also like