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GLOBAL FINANCIAL CRISIS OF 2008: INSTITUTIONS THAT PLAYED KEY ROLES DURING THE CRISIS, THEIR INFLUENCES ON GLOBAL FINANCIAL MARKETS AND A COMPARİSON WITH THE 1929 CRISIS


As a result of the financialization of contemporary capitalism, the 2008 financial crisis has caused great damage to countries at both the economic and social levels. The global financial crisis of 2008 has an important place in the crisis literature due to its size and its global impact. The financial crisis, which started in 2008 in the US in non-performing loans in housing markets, has shown a great spread in Europe, especially in European countries. In this study, the factors affecting the financial crisis of 2008, the outflow of the crisis, the impact on the world financial markets were evaluated. In addition, in order to explain the impact of the 2008 financial crisis, the similarities and differences between the 2008 crisis and the Great Depression of 1929 were compared.


Keywords


Financial Crisis, Great Depression, 2008 Crisis

Yazar: Eda Özovacı -
Sayfa Sayısı: 97-117
DOI:
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