Are financial crises more frequent? It was nearly four decades between the crash of 1929 and the bear market of 1968. Fast forward to 21st century — only 20 years have passed between three financial crises: the dot-com crash of 2001, the global financial crisis of 2008 and in 2020,Read More →
The Asian, Russian and Latin American financial crises of the 1990s again exposed the unsavory role played by the IMF, the US Treasury Department and Wall Street. While the countries concerned were primarily responsible for their misfortunes, it is a fact that the IMF and the US Treasury forced andRead More →
What role do market expectations play in financial crises? How are expectations formed and how do they evolve? Finding answers to these questions could help countries better cope with crises in the future. Some researchers have said that media coverage intensified and exacerbated risk contagion during the 1998 Asian financialRead More →