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Financial crises: explanations, types, and implications financial crises: explanations, types, and implications contagion and spillovers among financial markets. For the most part financial markets have times of great changing and mandate for securities in the aforementioned periods, costs might climb above verifiable standards. July 2015 1 the hong kong polytechnic university hong kong community college subject description form subject code ccn2114 subject title financial markets. Financial markets and institutions name institution of affiliation date financial markets and institutions introduction the bretton woods conference of 1944 formally laid the foundation for the modern global financial system.Download financial markets assignment`