The financial crisis: collateral damage and responses

Zusammenfassung: Within just a short span of time, what started out as a local housing crisis in the US has grown into the worst global economic crisis since the Great Depression of the 1930s. However, the global slowdown in economic growth as well as the destruction of capital and prosperity worldwide have broader implications beyond their impact on the financial sector and the real economy. Dangerous distortions have emerged in many areas, including international trade, the international food, commodities, and energy markets. The pressure to justify international climate protection policies has grown. And not least of all, new risks have emerged for the cohesion of both the Eurozone and the European Union.To tackle these challenges this study is pleading for the expansion of international cooperation. Precisely because the most important lesson to be learned from the financial and economic crisis should be that global economic interdependence is a fact of life - not just between countries but also between different policy fields. Global markets need globally valid rules; global challenges can only be mastered successfully in international accord

Object Details

• Location: Deutsche Nationalbibliothek Frankfurt am Main
• Extent: Online-Ressource, 50 S.
• Language: Englisch

References and Relationships

• Bibliographic citation: SWP research paper / Stiftung Wissenschaft und Politik ; 2009, 6 (May 2009) ; SWP research paper ; 2009, 6 (May 2009)

Classification and Topics

• Classification: Wirtschaft
• Keyword: Weltwirtschaft ; Finanzkrise ; Wirkung ; Auswirkung ; Ordnungspolitik ; Krisenmanagement ; Internationaler Kreditmarkt ; Außenhandel ; Energiepolitik ; Ernährung ; Klimaschutz ; Eurozone

Contributors, Places and Time

• Event: Veröffentlichung
• (where): Berlin
• (who): Stiftung Wissenschaft und Politik
• (when): [May 2009]
• Contributor: Hilpert, Hanns Günther ; Mildner, Stormy-Annika ; Bowen, Deborah Anne ; Stiftung Wissenschaft und Politik

Further information

• URN: urn:nbn:de:101:1-2024020613490032797874
• Rights: Der Zugriff auf das Objekt ist unbeschränkt möglich.
• Last update: 25.03.2025, 1:53 PM CET