Volume : IV, Issue : IV, April - 2015
Global Financial Crisis-Impact and Performance of Global Market Indices Pre and Post Crisis
Dr. Ch. Chaitanya
Abstract :
The global financial crisis surfaced around 2007 and started showing its adverse effects by mid of 2008. A combination
of low interest rates and large inflow of foreign funds during the boom years helped the banks to create easy credit
condition for many years. Banks and Financial Institutions repacked these debts with other high risk debts and sold
them to worldwide investors creating financial instruments called Collateral Debt Obligations. In this way risk was passed on multifold through
derivatives trade. Since the collateral debt instruments had been globally distributed, many banks and other financial institutions around the
world have started reporting losses. This with the failure of a few lending institutions in the U.S. the entire financial system in the world has been
affected. With this backdrop, the current study describing the global financial crisis focuses on performance of global financial market indices
during pre and post crisis era.
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DOI : https://www.doi.org/10.36106/gjra
Cite This Article:
Dr. Ch. Chaitanya Global Financial Crisis–Impact and Performance of Global Market Indices Pre and Post Crisis Global Journal For Research Analysis, Vol: 4, Issue: 4 April 2015
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Dr. Ch. Chaitanya Global Financial Crisis–Impact and Performance of Global Market Indices Pre and Post Crisis Global Journal For Research Analysis, Vol: 4, Issue: 4 April 2015