Subprime and the developing countries.
Subprime Crisis has been likened to the great depression of the 1920s by many people. The root of the subprime crisis can be traced back to the 1977 when the subprime market was born. Subsequently, government’s push home ownership coupled with profit driven industry practices, the property market gr...
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Format: | Final Year Project (FYP) |
Language: | English |
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2009
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Online Access: | http://hdl.handle.net/10356/15136 |
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author | Liu, Xinhao. Goh, Kelvin Huan Bok. Leng, Roger Kok Wai. |
author2 | Cao Yong |
author_facet | Cao Yong Liu, Xinhao. Goh, Kelvin Huan Bok. Leng, Roger Kok Wai. |
author_sort | Liu, Xinhao. |
collection | NTU |
description | Subprime Crisis has been likened to the great depression of the 1920s by many people. The root of the subprime crisis can be traced back to the 1977 when the subprime market was born. Subsequently, government’s push home ownership coupled with profit driven industry practices, the property market grew to unsustainable stage. The burst of the subprime bubble then cause the financial crisis to spill into the U.S financial markets, U.S economy and eventually developing countries of Eastern Europe and Asia. |
first_indexed | 2024-10-01T06:29:32Z |
format | Final Year Project (FYP) |
id | ntu-10356/15136 |
institution | Nanyang Technological University |
language | English |
last_indexed | 2024-10-01T06:29:32Z |
publishDate | 2009 |
record_format | dspace |
spelling | ntu-10356/151362023-05-19T05:41:41Z Subprime and the developing countries. Liu, Xinhao. Goh, Kelvin Huan Bok. Leng, Roger Kok Wai. Cao Yong Nanyang Business School DRNTU::Business::Finance::Mortgages Subprime Crisis has been likened to the great depression of the 1920s by many people. The root of the subprime crisis can be traced back to the 1977 when the subprime market was born. Subsequently, government’s push home ownership coupled with profit driven industry practices, the property market grew to unsustainable stage. The burst of the subprime bubble then cause the financial crisis to spill into the U.S financial markets, U.S economy and eventually developing countries of Eastern Europe and Asia. BUSINESS 2009-04-01T01:54:52Z 2009-04-01T01:54:52Z 2009 2009 Final Year Project (FYP) http://hdl.handle.net/10356/15136 en Nanyang Technological University 77 p. application/pdf |
spellingShingle | DRNTU::Business::Finance::Mortgages Liu, Xinhao. Goh, Kelvin Huan Bok. Leng, Roger Kok Wai. Subprime and the developing countries. |
title | Subprime and the developing countries. |
title_full | Subprime and the developing countries. |
title_fullStr | Subprime and the developing countries. |
title_full_unstemmed | Subprime and the developing countries. |
title_short | Subprime and the developing countries. |
title_sort | subprime and the developing countries |
topic | DRNTU::Business::Finance::Mortgages |
url | http://hdl.handle.net/10356/15136 |
work_keys_str_mv | AT liuxinhao subprimeandthedevelopingcountries AT gohkelvinhuanbok subprimeandthedevelopingcountries AT lengrogerkokwai subprimeandthedevelopingcountries |