The Global Financial Crisis: Analysis and Policy Implications

Description

The world has entered a global recession that is causing widespread business contraction, increases in unemployment, and shrinking government revenues. The crisis has exposed fundamental weaknesses in financial systems worldwide, demonstrated how interconnected and interdependent economies are today, and has posed vexing policy dilemmas. This report describes the financial crisis in detail, including various countries' methods of coping with and adapting to the situation; the role of Congress in the solution and recovery process; and the Obama Administration proposal for financial regulatory reform.

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127 pages.

Creation Information

Nanto, Dick K. July 10, 2009.

Context

This report is part of the collection entitled: Congressional Research Service Reports and was provided by UNT Libraries Government Documents Department to Digital Library, a digital repository hosted by the UNT Libraries. It has been viewed 88 times . More information about this report can be viewed below.

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Description

The world has entered a global recession that is causing widespread business contraction, increases in unemployment, and shrinking government revenues. The crisis has exposed fundamental weaknesses in financial systems worldwide, demonstrated how
interconnected and interdependent economies are today, and has posed vexing policy dilemmas. This report describes the financial crisis in detail, including various countries' methods of coping with and adapting to the situation; the role of Congress in the solution and recovery process; and the Obama Administration proposal for financial regulatory reform.

Physical Description

127 pages.

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Congressional Research Service Reports

The Congressional Research Service (CRS) is the public policy research arm of Congress. This legislative branch agency works exclusively for Members of Congress, their committees and their staff. This collection includes CRS reports from the mid-1970's through the present--covering a variety of topics from agriculture to foreign policy to welfare.

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Creation Date

  • July 10, 2009

Added to The UNT Digital Library

  • July 7, 2010, 5:39 p.m.

Description Last Updated

  • Aug. 11, 2015, 1:02 p.m.

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Citations, Rights, Re-Use

Nanto, Dick K. The Global Financial Crisis: Analysis and Policy Implications, report, July 10, 2009; Washington D.C.. (digital.library.unt.edu/ark:/67531/metadc26286/: accessed April 27, 2017), University of North Texas Libraries, Digital Library, digital.library.unt.edu; crediting UNT Libraries Government Documents Department.