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A sovereign debt crisis is the consequence of a private sector crisis.
We need to remember that the crisis that brought us here was a private sector crisis.
Farm debt reached $409.5 billion last year, the highest level since the sector crisis of the early 1980s.
For many undergraduates with their eyes on Wall Street, the financial sector crisis created panic — and confusion in their job searches.
A financial sector crisis early in his presidency led to the nationalisation of half the country's banks, and by April 1996 he was forced into the arms of the despised IMF – making his government one of the last in the hemisphere to accept the prevailing neo-liberal doctrines.
Mintzberg: The current crisis is not simply a banking or financial sector crisis, it is a management crisis.
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Since 1980 more than 100 developing countries have suffered some kind of serious banking-sector crisis (see map).
At least in the short term, growth in India's flagship IT-services sector is likely to slow because of the financial-sector crisis.
To see the problem, recall that after the financial-sector crisis in 2007 and 2008, a large portion of investments people had considered safe — mortgage-backed securities come to mind — were suddenly understood to be risky.
Moreover, at the G20′s request, the IMF is producing a study on the various ways in which the financial sector could help recoup the costs of public-sector crisis support.
In the euro zone, the ongoing problems of the periphery countries could still plunge the financial sector into crisis.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com