SESRIC





Independent Reports

Upon requests by OIC General Secretariat, relevant OIC meetings and bodies as well as based on independent evaluation of the research department, the Centre prepares reports in various fields of interest to the member countries. Although these reports are not prepared on a regular basis, they can be occasionally revised to keep them updated.

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SESRIC Reports on the Global Financial Crisis of 2008-2009

The financial crisis which started in July 2007, when investors lost their confidence in the value of securitised mortgages in the United States, has been deepened during 2008-2009 with a global reach and affecting a wide range of financial and economic activities and institutions in both developed and developing countries around the world. As the crisis deepened, the governments of major developed and developing countries as well as international financial regulators attempted to take some mitigation actions and coordinate efforts to contain the crisis.