In the first decade of the twenty-first century, the biggest
event of worldwide proportion was the 2008 global financial
crisis, which was caused primarily by ineffective governance,
failed surveillance systems, and implementation flaws.
While fiscal and monetary policies succeeded in pulling
many countries out of a financial freefall, most economies have
performed beneath pre-recession levels as governments continued
to struggle with their finances.
Examining the financial crisis from the
viewpoint of intangible assets provides a different perspective
from traditional economic approaches. … more…
Read Source: National Intellectual Capital and the Financial Crisis in China, Hong Kong, Singapore, and Taiwan (SpringerBriefs in Economics) (by Leif Edvinsson, Tord Beding, Carol Yeh-Yun Lin, Jeffrey Chen)»