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Financial Crisis

C/F/632. Impact of Global Recession on New Zealand ASB Bank

WORDS:
1650
DATE:
2010
PRICE:
19.99 GBP

The paper examines how the crash of the US housing market affected global economy focusing on the transmission of the crisis to the economy and financial institutions of New Zealand (NZ). A case study of ASB Bank is conducted, effects of the crisis on wider NZ society are discussed.

 

KEYWORDS: Global Recession, Subprime Crisis, New Zealand, ASB Bank, collateralized debt obligations, CDO,

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