Financial crises tend to lead to an imbalance, recession, default, collapse of stock markets and the political tensions in the financial and economic life, causing panic among banking depositors, rising interest rates, and thus the risk to investors. ... For comparison, the total losses in the banking sector throughout the world during the crisis in the early 1990s amounted to 200 billion US dollars. ... Banking institutions curtailed lending programs due to high risks. ... A striking event was the bankruptcy of one of the largest investment banks Lehman Brothers, which too undermined confiden...

• Word Count: 1288
• Approx Pages: 5
• Grade Level: Undergraduate

s banking sector is a regional center in stock and foreign exchange trading, gold and bond markets. High degree of openness and internationalized financial system The United States of America is the largest international banking center in the world. 25 of the top 100 largest banks have set up branches there . ... U.S. economics history At the beginning of the twentieth century, the United Kingdom was the world's leading trading nation and the British Pound Sterling was the most important currency unit in the world. ... U.S. economics development The availability of professionals ...

• Word Count: 1977
• Approx Pages: 8
• Grade Level: High School

"On the big issue of the hour, of weeks and months, the G-20 communique is not going to make a big difference," said Jacob Kirkegaard, a research fellow at the Peterson Institute for International Economics in Washington. ... It also calls for reeling in banking systems and a "more integrated financial architecture, encompassing banking supervision, resolution and recapitalization, and deposit insurance" (Castillo). ... The European Union announced a plan to coordinate banking union rather than leaving struggling countries to fend for themselves. ...

• Word Count: 1321
• Approx Pages: 5
• Has Bibliography
• Grade Level: Undergraduate

Even Alan Greenspan cautions the Senate Banking Committee that the potential war against Iraq is "the single biggest threat to economic health". ... When considering the possible scenarios regarding a war with Iraq which include a quick war that does not impact oil prices, a long, drawn-out war with sends oil prices way up, and doing nothing but talking about the possibility of a war, the most negative impact for both the US economy and overall global economics is the prospect of neither a war, nor peace and continuing discussions with no end in sight. ...

• Word Count: 657
• Approx Pages: 3
• Grade Level: Undergraduate

1) While the Federalist and Republican parties were feuding and struggling for control of the growing country of America in 1800, the balance of power was beginning to tip. The two leading candidates for control were Federalist John Adams, who was at the time of the election of 1800 the president, and Republican and self proclaimed "champion of democracy" Thomas Jefferson. For both sides in the election, the outcome would be a major factor in which party would retain control of the government. The election was ugly and many of the supporters of both candidates resorted to tactics that wer...

• Word Count: 2848
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Money and Banking 21st Century Economic issues February-10-1999 Economic Issues for the 21st Century We all have several questions. ... This is one of the all time favorite questions and probably one of the most fundamental in all of economics. ... Because much of economics deals with understanding how people choose to use their resources and analyses the consequences of their choices. 2. ...

• Word Count: 1589
• Approx Pages: 6
• Has Bibliography
• Grade Level: High School

American Foreign Policy / POLS 4690 A paper submitted to Dr. Galatas of the History and Political Science Department at Georgia South Western State University The Era of Good Feelings: An Era of Idealism or Realism? The Era of Good Feelings was the national mood of the United States from...

• Word Count: 4234
• Approx Pages: 17
• Grade Level: Undergraduate