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Global Financial Crisis

Great Decisions 2010 | Topic 5

The global financial crisis that began in late 2007 revealed major deficiencies in the regulation of markets and institutions, all of which came perilously close to collapse. Emergency measures to prevent a full collapse of the global financial system have led to mixed results. How will governments and the world community respond to this challenge?

Read FPA blogs related to this topic: Global Markets

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Online Resources »
Great Decisions 2010 Fall Updates: Global Financial Crisis

Fall 2010 Updates provide up-to-date news about Great Decisions 2010 articles.

Housing Clouds Economic Recovery

Roya Wolverson reports that a drop in U.S house sales combined with uncertainty over the Obama administration's housing policy plans are fueling fears of another recession.

Globalization, Contractual Employment and the Demise of Trade Unions: The Philippine Case
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Quizzes
Great Decisions 2010 Spring Quiz Series - Global Financial Crisis

Online topic quizzes are an ideal test of readers' knowledge of the Great Decisions 2010 articles and the Spring Updates!

Great Decisions 2010 Winter Quiz Series - Global Financial Crisis

Online topic quizzes are an ideal test of readers' knowledge of the Great Decisions 2010 articles.

In the Classroom »
UNA-USA - Global Classrooms

Global Classrooms is an innovative educational program with the Model United Nations program at its core. Global Classrooms is distinguished by its robust curriculum and teacher and student resources that develop critical thinking, conflict resolution and communication skills for middle and high school students. Global Classrooms cultivates literacy, life skills and the attitudes necessary for active citizenship.

Asia Society Partnership for Global Learning Conference

The Asia Society Partnership for Global Learning annual conference, titled "Creating Success in a Global Era: A World-Class Education for Every Student," connects educators, business leaders, policymakers and resource providers to share best practices, build partnerships and advance policies to ensure that all students are prepared for work and citizenship in a global era.

Foreign Affairs Student Writing Contest 2010

In the inaugural Foreign Affairs Essay Contest, a panel from the Foreign Affairs editorial staff will select one winning essay from submissions from undergraduate students. The winning essay will be published on the Foreign Affairs Web site and the winner will receive a $500 prize. Five honorable mentions will receive a free year-long subscription to Foreign Affairs.

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Recommended Readings »
The Rise and Fall of Bear Stearns

The Rise and Fall of Bear Stearns is Alan Greenberg's remarkable story of ascending to the top of one of Wall Street's venerable powerhouse financial institutions. After joining Bear Stearns in 1949, Greenberg rose to become formally head of the firm in 1978. No one knows the history of Bear Stearns as he does; no one participated in more key decisions, right into the company's final days. Greenberg offers an honest, clear-eyed assessment of how the collapse of the company surprised him and other top executives, and he explains who he thinks was responsible. This is a candid, fascinating account of a storied career and its stunning conclusion.

More Money Than God: Hedge Funds and the Making of a New Elite

Based on author Sebastian Mallaby's unprecedented access to the industry, including three hundred hours of interviews, More Money Than God tells the inside story of hedge funds, from their origins in the 1960s and 1970s to their role in the financial crisis of 2007- 2009.

Globalization: A Very Short Introduction

In clear, accessible language, Manfred B. Steger goes beyond a narrow economic focus to cover all the major causes and consequences of globalization as well as the hotly contested question of whether globalization is, ultimately, a good or a bad thing. This new edition has been fully updated for 2009 to include recent developments in global politics and the impact of terrorism and it expands the discussion of environmental issues, devoting an entirely new chapter to this key topic.

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