The global financial crisis examined: A Global Envision mini-series
Mass unemployment, an overwhelming sense of unfairness and a loss of hope need no translation. Even without written demands, the sentiments of Occupy Wall Street have been interpreted through similar protests in 941 cities in 82 countries - and counting.
Global leaders are taking note. And they agree: A lot has gone wrong in the banking sector. While the basic purpose of the financial sector must remain intact, it’s gotten off track. After all, we still need a secure place to store our money, we still need credit and loans, and advice on how to grow our nest eggs. We need banks.
Can we hit the reset button?
The global financial crisis we’re in is incredibly complicated, and it’s not going away soon. And sadly, there’s no reset button. But changes are needed and changes are happening.
In forthcoming posts, we’ll explore the origins of the crisis, key players, innovative solutions, how the decisions made by developed world financial sectors affect the global poor, how local protests affect global politics, and where we go from here. And we hope to hear your thoughts, too.
Our Series Begins:
An historical look at "too big to fail," in four acts:
- Act 1: The battle over the lessons of the Great Depression.
- Act 2: The first bailout leads to the next, and the next.
- Act 3: The value and perils of deregulation.
- Act 4: Banking crises go global.
Surrounded by financial chaos, developing nations start throwing up barricades
For China, flush with cash, the financial crisis may mean political opportunity
Europe's financial troubles worry its neighbors
Amid financial crisis, China is the new champion for carbon reduction
East Africa seeks to learn from the Eurozone's mistakes
A new model for Middle East economic practices starts with Tunisia, Libya
Bank transfer day: A symbolic move
Related Past Posts:
Microfinance and the Economic Crisis: What to Believe?
A Triple Threat: Food, Fuel and Financial Crises in the Developing World
The IMF Boosts Financial Aid to Poor Countries