The Comprehension of the Financial Crises

Abstract

Financial crises had become some of the worst nightmares for a lot of politicians and economist which led a lot of researchers to analyze their implications. In this paper the authors approach fundamentally in describing the types of the financial crises, their characteristics and normally the repercussions that they left behind. If the policy decision makers have more information about the crises, they can be more careful in planning, designing, and implementing some crucial measures in the economic policy.

Therefore the efficient prediction along with the experience of a lot of other countries exposed on such economic situations are essential in order to achieve success in sustaining it.