The Global Financial Crisis according to Assaf Razin

Global Financial Crisis Survey

Assaf Razin is a Professor of International Economics at Cornell University and author of Understanding Global Crises: An Emerging Paradigm (released in December 2014). Professor Razin has authored or coauthored more than a dozen books and published more than one hundred papers.

1. Which FCIC View best represents the causes of the Financial Crisis?

Majority Conclusions

2. Which narrative presented by Douglas Elliott and Martin Baily of the Brookings Institute in Telling the Narrative of the Financial Crisis: Not Just a Housing Bubble best represents the causes of the Financial Crisis?

None of these Narratives

3. The Global Financial Crisis effectively ended in the year

2010

4. What were the primary causes of the Global Financial Crisis?

Banking/shadow banking prudential regulations were inadequate.

5. What still should change as a result of the crisis?

Designing better safety nets for households.

Compiled by Gary Karz, CFA
Host of InvestorHome

Global Financial Crisis Survey

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