What were three major causes of the 2008 recession?

Subprime mortgage crisis, loose lending standards in the housing market, lack of strong watchdogs.You can read about the Balance of Payment Crisis, 1991 – Causes and Measures to Control it in the given link.

Further readings:

  1. UPSC Mains General Studies Paper-III Strategy, Syllabus & Structure
  2. Economic Planning in India 

Related Links

Economy Questions in UPSC Prelims [2013-2020]

International Monetary Fund (IMF) – Organizational Structure, Objectives

World Bank Group – IBRD, IDA and 3 other institutions

Global Economic Prospects 2021 – World Bank

G20 Talks on Economic Crisis: RSTV- Big Picture

The Great Depression [ 1929 -1939]

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