IMF says close ties led to crisis in world’s five major economies; Integrated financial/banking/trade systems spread worst financial crisis in 60 years
Sep 22nd, 2009 | By Finfacts Ireland Business & Finance Portal | Category: News worldwide
An IMF - - International Monetary Fund -- study says close ties led to crisis in world’s five major economies. Integrated financial and banking systems and close trade ties were major factors in spreading the worst financial crisis in 60 years.