Research the causes of the Global Financial Crisis and its subsequent Essay

Research the causes of the Global Financial Crisis and its subsequent tinge on the banks behavior on UAE banks - Essay ExampleDaigee Shaw (2011) stated Japan suffered a -5.2 growth tramp in 2009. The financial crisis is characterized by the collapse of the fall in States housing cardhouse in 2007. Consequently, the housing bubble triggered the devaluation of the securities listed in the fall in States stock exchange markets the securities were secured by real estate properties. The United States market feature created rippling effects simultaneously spreading to the United States trading partners within the global market place. The sparing downfall of the United States stocks unfavorably created after shocks. The aftershocks include the significant decline in several stocks listed in the stock markets as well as and commodities markets around the world. The central banks of other countries were unfavorably influenced by the United States sparing depression, starting in 2008.B enton Gup (Gup 2011) emphasized the United States Levin Coburn Report gave the reasons for the United States financial disaster. The investments in amply risk financial investments are part of the economic depression. The conflicts of interests among the United States financial entities contributed to the unprecedented United States economic debacle. The failure of the government agencies to check the reliability of the credit status of a majority of United States companies contributed to the United States economic crash of 2007. The credit-monitoring agencies failed in their duty to monitor and report the credit ratings of each company listed in the United States companies listed in the stock exchange.May Khamis (2010) theorised the current financial status of the banks in the United Arab Emirates suffered tokenish effects from the global financial crisis that cropped up in 2008. UAEs Dubai was the hardest hit (Katzman 2010). Consequently, Dubai had to push for a debt restructure s (Rice