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This is a Literature Review study.

Financial crises in historical retrospective: causes, typology, and international implications

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The article demonstrates the nature and classification of financial crises in the global economy, highlighting key factors involved.

Financial crises can deeply affect both national economies and international financial markets, which may lead to widespread negative consequences.
Key factors influencing financial crises include macroeconomic imbalances and excessive credit expansion, as well as behavioral and geopolitical factors.
This analysis employs a comprehensive approach to classify financial crises based on their forms and origins, detailing significant events from the 20th and 21st centuries.
The findings may improve strategies for forecasting and mitigating the negative impacts of financial crises amid increasing globalization.

С. А. Попель (2025) studied this question.

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