This paper would like to find out the real causes of recent United States subprime
mortgage market disorder from the point of global 100 years` politico-cultural cycle, 50 years` medium-term techno-managerial cycle. and 20 years` short-medium-term construction cycle. Then, scrutinize the causes, e.g. mortgage market`s bubble caused by Federal Reserves` easy money policy, financial deregulations stemmed from Reagan Administration in due course of globalisation, together with the wasty Afghanistan-Iraqi War, and finally high risk and high return subprime mortgage market with lack of financial discipline and inappropriate financial supervision system, etc. As a conclusion, this paper extends some policy countermeasures.
학술대회/행사
학술대회안내
[2008년 제 3차] The U.S. Subprime Mortgage Problem-Its Causes and S
작성자 : 관리자
조회수 : 1086
게시일 :
2008-08-21
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