Reflections on 2008 and the Global Financial Markets: the Challenges Facing the IMF and World Bank

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Noel Jones

Abstract

2008 was a surprise year for people. That was especially true of the financial crisis much greater than all experts foresaw. Many of the happenings could have been predicted though given the signals coming out of the USA in mid-2007 about the growing sub-prime lending scandal.

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Jones, N. (2014). Reflections on 2008 and the Global Financial Markets: the Challenges Facing the IMF and World Bank. AU-GSB E-JOURNAL, 2(1). Retrieved from http://www.assumptionjournal.au.edu/index.php/AU-GSB/article/view/507
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Author Biography

Noel Jones

Noel Jones, Ph.D. has been a Visiting Professor at Assumption University, Graduate School of Business, since 2000, where he lectures in the DMOD & MMOD Programs. He was a Visiting Professor at the Joint Vienna Institute, Austria from 1993 to 2004. A former staff member at both the IMF and WB HQs in Washington between 1987 and 1997, he continues as a consultant to many WB Projects