TY  - CHAP
AU  - Stelios N. Markoulis
ED  - Stelios Markoulis
Y1  - 2021-01-14
PY  - 2021
T1  - Introductory Chapter: Financial Crises
N2  - This book on financial crises is written at a time when the whole world is facing another crisis, a different one this time; one that is related to our health, as well as the economy in a painful manner. The first chapter of this book focuses on the economic effects of this crisis with particular emphasis on the financial sector. The remainder of the book presents a selection of readings related to the GFC. These touch upon issues such as corporate governance; the effect of the collapse of the Lehman Brothers on the net-worth of financial and non-financial firms; securitization and why the alchemy “did not work”; and finally, a case-study on Turkey and in particular the Turkish short-term interest rates and exchange rates and their relationship to political developments.
BT  - Financial Crises
SP  - Ch. 1
UR  - https://doi.org/10.5772/intechopen.93415
DO  - 10.5772/intechopen.93415
SN  - 978-1-78923-858-7
PB  - IntechOpen
CY  - Rijeka
Y2  - 2024-04-19
ER  -