Predicting financial crises in e-commerce

A study in the International Journal of Computational Systems Engineering has investigated the e-commerce landscape and how it is affected by financial crises. The insights from the study offer a financial accounting crisis ...

Q&A: Democracy means different things to different people

Texas A&M University Professor Dr. Kirby Goidel reflects on the "march of democracy" as America's 247th birthday nears. A professor of political science in the Bush School of Government and Public Service, Goidel studies ...

Report: Crisis resilience 'critical' to stem rising hunger

A shift towards permanent "crisis resilience" from short-term aid is crucial to mitigate increasingly frequent shocks to the global food system and tackle rising global hunger, say food policy researchers.

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Financial crisis

The term financial crisis is applied broadly to a variety of situations in which some financial institutions or assets suddenly lose a large part of their value. In the 19th and early 20th centuries, many financial crises were associated with banking panics, and many recessions coincided with these panics. Other situations that are often called financial crises include stock market crashes and the bursting of other financial bubbles, currency crises, and sovereign defaults.

Many economists have offered theories about how financial crises develop and how they could be prevented. There is little consensus, however, and financial crises are still a regular occurrence around the world.

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