Spillover Effects Of The Recent Financial Crisis: A Comparative Analysis Of Selected Emerging Markets And Developed Eu Markets

The global financial crisis, which started as the result of the subprime mortgage crisis in the summer of 2007 and triggered by the collapse of Lehman Brothers in 2008, quickly spread globally and thus energized researchers, decision makers to debate on the policy implications, severity across countries, and possible solutions. A central and important question remains regarding who should be blamed for originating and triggering the crisis, although most tend to agree that this was due to t...