Economics of Crisis

A scholarly consortium on the causes, policies, and impacts of global financial crises

  • Home
  • Members
  • Links

Analysis of Crises

  • *Financial Crises Databases
  • *Regulatory and Monitoring Structures
  • A New Financial Architecture
  • American Crisis 2008: Causes and Outcomes of the Crisis
  • American Crisis 2008: Empirical Work on the Crisis
  • American Crisis 2008: High-Level Meetings
  • American Crisis 2008: New Financial Architecture
  • American Crisis 2008: Regions Outside US, EU
  • American Crisis 2008: Timeline of Events
  • American Crisis 2008: US, Europe
  • American Crisis 2008: Vulnerable Groups
  • Members
  • Policies: Lessons from the 1980s Debt Default Crises
  • Policies: Lessons from the Asian Financial Crisis
  • Policies: Lessons from the Early Nineties Developed Country Crises
  • Policies: Lessons from the Great Depression, 1929
  • Resources: Websites and Articles

Resources: Websites and Articles

1. Simon Johnson of MIT has an excellent site on the crisis, located at: http://baselinescenario.com/.

2. Spanish-language website on the role of finance in crises: www.olafinanciera.unam.mx.

3. Federal Reserve's Key Statistics: http://www.federalreserve.gov/releases/

4. Bureau of Labor Statistics: http://www.bls.gov/data/

5. Peterson Institute for International Economics: http://www.petersoninstitute.org/

6. World Bank, International Financial Architecture, discusses what the World Bank is doing to strengthen international financial architecture: http://www.worldbank.org/ifa/

7. Bank for International Settlements: http://www.bis.org/

8. Women and poverty: The Casablanca Dream: http://www.casablanca-dream.net/

9. A Bretton Woods institution, the IMF: http://www.imf.org/external/

10. A Bretton Woods institution, the World Bank: http://www.worldbank.org/

11. Economists for Full Employment: http://www.economistsforfullemployment.org/

12. IDS has a new initiative on the financial crisis and the global ‘South’ to understand better how the financial crisis is affecting their own countries: http://www.ids.ac.uk/go/about-ids/news-and-commentary/november-2008-news/southern-voices-on-financial-crisis

13.  ILO's response to the financial and economic crisis: http://www.ilo.org/global/Themes/lang--en/WCMS_101130/index.htm.

14. The North-South Institute has begun a project called "Policy Responses to Unfettered Finance" (PRUF),  supported by the Ford Foundation. One of the principle objectives of the project is to create new networks of change agents and capitalize on opportunities to inform the policy development process in response to the crisis.  Materials pertaining to the launch event held in Dec in Ottawa are available for download from the website at the following link: http://www.nsi-ins.ca/english/research/progress/61.asp

15. UN DESA website on the crisis: http://www.un.org/esa/desa/financialcrisis/.

16. UN website on the June 2009 conference on the crisis: http://www.un.org/ga/econcrisissummit/.

17. Association for Women's Rights in Development: http://www.awid.org/

In the blogosphere:

1. The Wall Street Journal economics blog, http://blogs.wsj.com/economics/

2. Nouriel Roubini's Global Ecomonitor, at RGE Monitor: http://www.rgemonitor.com/blog/roubini/

3. New York Times economics blog, http://economix.blogs.nytimes.com/

4. Brad DeLong's blog: http://delong.typepad.com/

5. Nobel Laureate Paul Krugman's blog provides excellent immediate analysis of the crisis: http://krugman.blogs.nytimes.com/

6. The Economist blog: http://www.economist.com/blogs/freeexchange/

7. Reuters economics blog: http://blogs.reuters.com/macroscope/

8. Vox EU, with blogs by leading economists: http://www.voxeu.org/

Research Articles:

1. Alicia Girón and Alma Chapoy, "The Puzzle of Minsky’s Crises": Download Giron.doc (50.5K)

2. Eka Sepashvili, "Corruption and Economic Performance of the World Economy": Download Odessacorruption.doc (176.0K)

3. IDEAS web page with many articles about the crisis: http://www.networkideas.org/feathm/oct2008/ft13_Global_Financial_Crisis_Index.htm.

4. Aditi Roy Ghatak, "Creative Destruction or Destructive Creations?": Download Ghatak.doc (47.0K)

Resources for educators and lecturers:

1. This is a PowerPoint presentation for college students, a primer on how to financial crisis began and evolved.  Download Presentation (2679.5K)

2. A link to PBS' NewsHour Extra Lesson Plan on the financial crisis, for high school students: http://www.pbs.org/newshour/extra/teachers/lessonplans/economics/july-dec08/economic_glossary.html.  Paul Solman also discusses the financial crisis, with links for educators: http://www.pbs.org/newshour/indepth_coverage/business/moralhazard/.

3. Handout by Junior Achievement on understanding the financial crisis: http://www.ja.org/nested/bayarea/fin_lit_white_paper_educator_version.pdf.

4. This website has the most comprehensive timeline on the credit crisis to date: http://www.uiowa.edu/ifdebook/timeline/timeline3.shtml.

5. LSE Podcast on the crisis: http://www.lse.ac.uk/collections/LSEPublicLecturesAndEvents/events/2008/20081203t1504z001.htm

6. Stiglitz lecture on financial crisis: http://manchester.ac/aboutus/news/archive/list/item/?id=4052&year=2008&month=10.

7. Soros lecture on financial crisis: http://www.ceubusiness.org/index.php?page=news&l=1&newsid=25&from=0.