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The economic and financial crisis from 2008 to 2009, also
known as the global financial crisis, was considered to be the
worst financial crisis since the Great Depression. The general
situation of financial markets has been additionally complicated
by the introduction of new financial products as well as other
modes of operations including globalization. The global
financial market seems to be playing a different function in our
economy and it has been working because of new regulations.
The introduction of new trade platforms, online access to
information, integration and globalization of the market have
caused some revisions of finance theories.
What are reliable predictors of economic and financial crises
(list at least 3 of them)?
Describe some achievements and some pending issues in context
of a global crisis.
Are we still in danger of economic and financial crises today
(please refer to current Covid-19 situation)?
Instructions:
Conduct research from viable and credible sources such as and
not limited to economic journals, periodicals, books, data base,
and websites. This assignment should be submitted/uploaded via
D2L on the date the assignment is due. Any late assignments
will be subject to a letter grade reduction unless an extension
has been negotiated with the professor prior to the due date.
In this written assignment, the quality of your writing and the
application of APA format will be evaluated in addition to your
content. Evaluation based on these criteria is designed to help
prepare you for completing your college projects, which must be
well written and follow APA guidelines. Each written
assignment should contain a minimum of 800 words, but no
more than 900 words. Make sure that you use correct spelling,
grammar, and punctuation.

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  • 1. The economic and financial crisis from 2008 to 2009, also known as the global financial crisis, was considered to be the worst financial crisis since the Great Depression. The general situation of financial markets has been additionally complicated by the introduction of new financial products as well as other modes of operations including globalization. The global financial market seems to be playing a different function in our economy and it has been working because of new regulations. The introduction of new trade platforms, online access to information, integration and globalization of the market have caused some revisions of finance theories. What are reliable predictors of economic and financial crises (list at least 3 of them)? Describe some achievements and some pending issues in context of a global crisis. Are we still in danger of economic and financial crises today (please refer to current Covid-19 situation)? Instructions: Conduct research from viable and credible sources such as and not limited to economic journals, periodicals, books, data base, and websites. This assignment should be submitted/uploaded via D2L on the date the assignment is due. Any late assignments will be subject to a letter grade reduction unless an extension has been negotiated with the professor prior to the due date. In this written assignment, the quality of your writing and the application of APA format will be evaluated in addition to your
  • 2. content. Evaluation based on these criteria is designed to help prepare you for completing your college projects, which must be well written and follow APA guidelines. Each written assignment should contain a minimum of 800 words, but no more than 900 words. Make sure that you use correct spelling, grammar, and punctuation.