Three grand state projects meet the financial system
Peter Garber traces the crisis to three failed public sector projects launched in the late 1990s. These were a scheme to redistribute wealth by lending to uncreditworthy borrowers for real estate purchases in the US; China's export-driven growth strategy; and the launch of the euro in 1999. The...
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| Veröffentlicht in: | The 2008 global financial crisis in retrospect |
|---|---|
| 1. Verfasser: | |
| Pages: | 2008 |
| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
2019
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