Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
1003761 | Accounting Forum | 2009 | 13 Pages |
Abstract
This article analyses the origins of the sub-prime crisis. It argues that a series of serious policy errors in the United States created the conditions in which the sub-prime lending phenomenon took root, which were then compounded by regulatory developments and further policy mistakes as the credit crisis unfolded. These factors further explain why the sub-prime crisis assumed such global proportions.
Keywords
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Accounting
Authors
Mervyn K. Lewis,