Czasopismo
Tytuł artykułu
Autorzy
Warianty tytułu
Języki publikacji
Abstrakty
The paper presents the background of the American crisis in 2007-2008 that later spread into the global crisis. It distinguishes and discusses four phases of the crisis: subprime mortgage crisis, soaring dollar and the Lehman Brothers fiasco, US and global recession, and, finally, European debt crisis. In the above context, the benefits and costs of joining the Eurozone are presented, particularly from the Polish perspective. The need of fiscal reforms and concerns regarding Eurozone institutions are addressed. The paper has been prepared based on the Keynote Speech by Robert Mundell during the 17th Global Finance Conference held in Poznan, Poland in June 2010. The Speech presented here was made possible in part by support from the Polish Financial Supervision Authority. (original abstract)
Czasopismo
Rocznik
Tom
Numer
Strony
7--22
Opis fizyczny
Twórcy
autor
- Columbia University
Bibliografia
- Cecchetti, S. (2007), Federal Reserve Policy Actions in August 2007: Frequently Asked Questions, VoxEU, http://www.voxeu.org/index.php?q=node/466.
- Friedman, M. (1968), The Role of Monetary Policy, American Economic Review, no. 58, p. 1-17.
- Laffer, A.B. (1983), Supply Side Economics: Financial Decision-Making for the 80s, Scott Foresman & Co.
- McNamee, M. (2004), Lewis S. Ranieri: Your Mortgage Was His Bond, Business Week, November 29.
- Rhodes, W. (2007), A Market Correction Is Coming, This Time for Real, The Financial Times, March 29.
Typ dokumentu
Bibliografia
Identyfikatory
Identyfikator YADDA
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