Why were banks reluctant to lend to each other and customers after the Global Financial Crisis hit?Discuss
Global Financial Crisis Question: Why were banks reluctant to lend to each other and customers after the Global Financial Crisis hit?Discuss
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Global Financial Crisis Question: Why were banks reluctant to lend to each other and customers after the Global Financial Crisis hit?Discuss
Topic: Causes of the Global Financial Crisis & why economists failed to predict it. These are the course notes for the topic, so basically based on what it says. Ideally using sources from that list.
Description Topic: “Managerial behavioural biases in financial institutions have been one of the main causes of the global financial crisis (2007 – 2009).” Using the concepts of risk aversion, loss aversion, information asymmetry and heuristics, critically discuss this statement while giving practical examples and utilising real-life case studies. Extra information: 1) A maximum word count […]