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FORGING A MULTILATERAL SOLUTION TO THE FINANCIAL CRISIS

FORGING A MULTILATERAL SOLUTION TO THE FINANCIAL CRISIS Chari et al. examine three claims about the way the financial crisis is affecting the economy as a whole and argue that all three claims are myths. Khatiwada and McGirr assert that deceleration of growth and deteriorating financing conditions may trigger further business failures and possibly more banking emergencies. Jickling argues that disruptions in financial markets rise to the level of a crisis when the flow of credit to households and businesses is constrained and the real economy of goods and services is adversely affected. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Economics, Management, and Financial Markets Addleton Academic Publishers

FORGING A MULTILATERAL SOLUTION TO THE FINANCIAL CRISIS

Economics, Management, and Financial Markets , Volume 4 (1): 183-188 – Jan 1, 2009

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Publisher
Addleton Academic Publishers
Copyright
© 2009 Addleton Academic Publishers
ISSN
1842-3191
eISSN
1938-212X
Publisher site
See Article on Publisher Site

Abstract

Chari et al. examine three claims about the way the financial crisis is affecting the economy as a whole and argue that all three claims are myths. Khatiwada and McGirr assert that deceleration of growth and deteriorating financing conditions may trigger further business failures and possibly more banking emergencies. Jickling argues that disruptions in financial markets rise to the level of a crisis when the flow of credit to households and businesses is constrained and the real economy of goods and services is adversely affected.

Journal

Economics, Management, and Financial MarketsAddleton Academic Publishers

Published: Jan 1, 2009

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