Summary |
This book “Global Financial Crisis: Its Impact on Indian Economy” is a collection of 26 articles written by different authors having diverse background. These articles discuss the different aspects of the global crisis.
The global financial crisis was manufactured in America and exported to different parts of the world. There were a number of players in producing the global financial crisis. They include commercial banks, investment companies, Hedge fund operators, insurance companies, the Wall Street and the Federal Reserve System. The epicenter of the crisis was the sub prime market in the United States of America. The crisis originated out of greed for making quick money by creating assets where there were none.
Of the 24 articles included in this book, 16 articles discuss the impact of the global financial crisis on the Indian economy.
|
