News tagged with financial crisis

Recessions are harmful to health

A review of studies investigating the 2008 recession in Europe show it was associated with adverse health outcomes, particularly for suicides and mental health problems, finds a study in The BMJ today.

Sep 06, 2016
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Financial crisis

The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.

Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world.

This text uses material from Wikipedia, licensed under CC BY-SA

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