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How can government fiscal imbalances lead to a financial

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Reference no: EM132414008

a. How can government fiscal imbalances lead to a financial crisis?

b. How can financial liberalization lead financial crises?

c. How can opening up to capital flows from abroad lead to a financial crisis?

d. How can a bursting of asset-price bubble in the stock market lead to a financial crisis?

e. What is shadow banking system, and why was it an important part of the 2007-2009 financial crisis?

Reference no: EM132414008

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