TITLE

Credit Crunch

AUTHOR(S)
Kelly, Tim
PUB. DATE
May 2007
SOURCE
Forbes Asia;5/7/2007, Vol. 3 Issue 8, p24
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article talks about the government intervention of Japan on consumer finance companies. The author stresses that the legislators in the U.S. who are weighing the merit of reining in the subprime mortgage market should consider the situation in Japan, where investors and the economic growth are affected by government intervention. Jesper Koll, chief economist from Merrill Lynch, states that the damage is affecting the general economy.
ACCESSION #
25066528

 

Related Articles

  • Non-banks neglected. Sibillin, Anthony // BRW;10/30/2008, Vol. 30 Issue 43, p18 

    The article reports on the impact of the federal government's intervention on mortgage lending. Investors are now into mortgage trusts from bank deposits covered by the government's guarantee, which threatens non-bank lenders according to Lateral Economics chief executive officer Nicholas Gruen....

  • The Great Confidence Game. Samuelson, Robert J. // Newsweek;9/29/2008, Vol. 152 Issue 13, p31 

    The author reflects upon the 2008 U.S. financial crisis, comparing it to war where unforeseen events require improvised responses. He suggests that investor confidence is the important issue because financial institutions depend on that trust to be successful. Topics include an analysis of the...

  • Tightening time?  // China Economic Review (13506390);Dec2009, Vol. 20 Issue 12, p10 

    The article reports on the increasing fears of government intervention as property prices rose by up to 3.9% in China.

  • Korea's Development and Its Significance to Chinese Reform. Liu Jinhe // SERI Quarterly;Oct2012, Vol. 5 Issue 4, p34 

    The article focuses on the economic development of Korea. It states that Korea was a backward agrarian country in 1953 whereas it has developed to a high income country in 2002. It compares economic growth of China with the economy of China. It states that government intervention played an...

  • At Home. Evans, M. Stanton // National Review Bulletin;2/16/1971, Vol. 23 Issue 6, p22 

    In this article the author reflects on the unemployment problem in the U.S. He asserts that still more spending and still more government intervention in the economy can do nothing substantial to cure the affliction of joblessness. He suggests that the proper alternative for those concerned...

  • 3. The case against government intervention.  // Guiding Structural Change: The Role of Government in Development;2010, p4 

    The article discusses the case against government intervention in sectoral development to boost economic growth. Data suggests that as in any form of economic protection, Industrial policy (IP) should have a restricted time scale because the problems these policies address decline over time....

  • Does Political Ideology Affect Economic Growth? Bjørnskov, Christian // Public Choice;Apr2005, Vol. 123 Issue 1/2, p133 

    This paper asks the question whether political ideology affects economic growth. Voters may demand inefficient levels of redistribution and government intervention, and they may care too little for aspects that really matter for the economy. Their norms and perceptions of society might, via...

  • Paying the Piper. Cottarelli, Carlo // Finance & Development;Mar2009, Vol. 46 Issue 1, p27 

    The article focuses on the government intervention to the financial services industry to restore economic growth in the U.S. It states that government intervention over the industry is aimed to save the financial system, and to provide fiscal stimulus to counter the sharp contraction in private...

  • WHY CHINA WORKS. Foroohar, Rana; Liu, Melinda; Hennock, Mary; Hewitt, Duncan // Newsweek (Atlantic Edition);1/19/2009 (Atlantic Edition), Vol. 153 Issue 3, p24 

    The article discusses how government intervention in the national economy is aiding China during the worldwide financial crisis. The author notes that Chinese government regulations on housing loans prevented negative effects of the housing market crisis and suggests China's economy may grow....

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics