Finansikriisidele
Finansikriisidele, a term referring to financial crises, describes severe disruptions in financial markets characterized by sharp declines in asset values, widespread bankruptcies, and significant economic contraction. These events can manifest in various forms, including banking crises, currency crises, and systemic crises that encompass multiple interconnected elements of the financial system. Historically, financial crises have been recurring phenomena, with notable examples such as the Great Depression of the 1930s, the Asian Financial Crisis of 1997-1998, and the Global Financial Crisis of 2008.
The causes of financial crises are multifaceted and often involve a combination of factors. These can include
The consequences of financial crises are far-reaching, impacting not only the financial sector but also the