Financial Crises In The Context Of Disaster Theory: Recent U.S. Cast Studies
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Disaster Research Center
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The discussion here focuses on the organized response to financial crises which occurred
during the 1980’s in the United States. In particular, the Continental Illinois Bank Crises, the
Ohio Savings and Loan Crises, and the Stock Market Crises of 1987 are examined. The case
studies allows the consideration of those events in the context of expanding disaster theory to a
wider range of events. It will also allow the examination of how financial crises are similar to or
different fiom more conventional notions of disaster.