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The Impact of the Crisis on the Indian Economy
(Economic and Political Weekly, 2009-11-11)
The effects of the global financial crisis have been more severe than initially forecast. The turning point was the decision in September 2008 to let Lehman Brothers fail, an event that had a series of ruinous cascading ...
Obama ducks the banking challenge
(2009-08-08)
Ten regulatory lessons from the sub-prime crisis
(Economic and Political Weekly, 2009-11-11)
The sub-prime crisis that erupted in the United States was the first manifestation of the larger financial crisis that has since swept across the world. What early lessons in regulation - on capital requirements, incentive ...