Read more: Irish Banking Crisis and Herd Behaviour
In this paper Mr. Devashish Mathur attempts to look at the Irish Banking Crisis from the lens of behavioral economics. Irish Banking Crisis in 2008 made Ireland a ‘public finance posterchild’ prior to the European Debt Crisis of 2009.The paper specifically focuses on Irish Banking Crisis as to how banks failed without venturing into the other causes leading to the Debt Crisis.
Read more: Greek Tragedy: Act II
Greece is the birthplace of democracy, Olympic Games and now has created a cocktail of the two namely ‘games in democracy’. Pawan Gopalakrishnan and Anuradha Saha explore how the recent European Union episode offers an opportunity to contemplate on how to not be the next Greece. Greece’s high debt to GDP ratio was not its only problem […]
Read more: The Great Recession and its Impact on Africa: Focus on Ghana and South Africa
Abstract The world observed the deadliest financial crisis since the great depression of the 1930s in 2008. The signs of a financial crisis started becoming visible in the mid-2007 and early 2008 by the demise of stock markets, the failures of big financial institutions in the United States and parts of Europe. Given that banks […]
Read more: Nigeria’s Economy Amidst the 2007 Financial Crisis
This essay assesses the impact of the 2007 global financial crisis on Nigeria by closely analyzing the basic macroeconomic indicators such as inflation, government revenue, imports, exports etc. Through the study, P. Samuel Goweh aims to investigate the direct (financial transmission) and the indirect (transmission through real economy) impact of the crisis on Nigeria as […]