Discuss the main triggers of the global financial crisis

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Question: Discuss the main triggers of the global financial crisis of 2007-09. In particular, analyse the role plaved by financial innovation, asymmetric information and agency problems in the events leading to the financial crisis. Describe briefly how global changes since then and the switch from the Basel II to the Basel IlI regulatory framework have attempted to address these problems.

Reference no: EM133496227

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