Social Sciences
4 years ago

Subprime Mortgage Crisis Lessons: China's Economic Strategy Revolutionized

Advances in economics, business and management research/Advances in Economics, Business and Management Research
The Causes of the Subprime Mortgage Crisis and Its Enlightenment to China
Haoran Ma

Paper Summary

The article analyzes the causes of the subprime mortgage crisis in the US and its impact on the economy and society. It compares the policies implemented by Alabama governments during economic crises and their effects. The findings provide insights for the Chinese government to learn from past economic crises and improve their response strategies.

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