International Finance Group Work. Sweden

Guys, as you know, we are supposed to provide a 2-3 pages summary with the answers to the questions we discussed during the class with Citibank. I suggest each of us picks a question (for some questions there will be more than 1 person answering) and then give your answers to me so that I could compile them into 1 document and send to professor Iljina. Here is the list of questions: 1. How do the root causes for a crisis build up in a growing happy economy? How does (did) an economy “overheat”? 2. What triggers a crisis? 3. How do (did) the bubble burst? What happens (happened) during the crisis? 4. What measures do (did) the Governments and Central Banks take to stabilize the economy? 5. How do (did) the economy get out of crisis? 6. What may still go wrong with Government interventions? What lessons from the crisis could be learned?