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- Title
Pandemic Crises of Covid-19 vs. 2008 Economic Crises.
- Authors
Banerjee, Puja; Donthireddy, Tulasi Krishna; Emani, Srinivasa Reddy; Sharma, Rishikesh; Song, Sunny
- Abstract
The 2008 and 2020 crises have entirely different origins, the former was a financial crisis where huge levels of debt had been taken which caused the financial system to collapse. It was compounded by a lot of households having payment issues. In contrast, the 2020 crisis is rooted in a health crisis with far-reaching, unexpected economic repercussions across the globe. This document will explore the causes and effects of 2008 and 2020 economic crises and compare the similarities and differences between the two crises.
- Subjects
COVID-19 pandemic; FINANCIAL crises
- Publication
3D: IBA Journal of Management & Leadership, 2022, Vol 14, Issue 1, p30
- ISSN
2230-7524
- Publication type
Article
- DOI
10.5281/zenodo.7584398