Abstract or Introduction
This paper is a comparison between the current financial crisis and the asian crisis from 1997/98. The author argues that one of the main reasons that caused both crisis were flawed incentives. The paper was a basis for a class discussion, hence it is strongly focused on this argument.
- Quote paper
- Mario Pesch (Author), 2010, Financial Crisis: Flawed Incentives Cause Banking Crises, Munich, GRIN Verlag, https://www.grin.com/document/164361
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