Are Finance Crises Necessary for the Global Economy?

Abstract: This 12 page paper looks a the way financial crises, such as recessions, burst bubbles and the credit crunch and argues that financial crises are necessary to preserve balance in the global economy. The paper is written from a theoretical perceptive and includes approaches such as evolutionary economics and cycle theories. The bibliography cites 14 sources.

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Catagory: Money & Banking / Corporate Finance

Subcatagory: Accounting & Personal Finance

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