La crise financière 2007-2008 a suscité une profusion de réactions et d'explications : on a évoqué le mimétisme des organismes, la cupidité de leurs dirigeants, la propension des traders à aimer le jeu. Elle est évidemment due à la conjonction de plusieurs facteurs. Nous mettons ici...

Between 2000 and 2002, the American Federal Open Market Committee has strongly decreased its target rate. This decrease, associated with external economic factors as well as innovative financial practices has influenced investors’ behaviour. In this paper, we analyze the financial causes of...

The phenomenon of the so called subprime crisis is apprehended as a huge cataclysm and has all the aspects ? including emotional ones ? of the world wide aftermath of a systemic crisis. In such a context where the economic approach prevails, it seems that the policy of the Federal Reserve Bank...

This paper presents some aspects of the consequences of the global crisis in the Asia-Pacific area. In a first section, the mechanisms and the development of the subprime crisis are briefly recalled. In a second section, the effects of the crisis concerning the countries of the region are...