In this book, the authors present topical research in the study of the identification, forecasting and effects on transition economies relating to financial crises events. Topics discussed include the relation between the financial health of local governments and the socio-economic environment in periods of expansion and economic crisis in Spain; age differentials and the impact of the financial crisis on social relationships; what Asia and Europe did to fight the financial crisis; determinants of firm performance during and after the 200809 financial crisis in Europe and Central Asia; a survey of country versus industry effects in international equity returns; the Chinese economy in transition; Iceland's financial crisis; an empirical exploration of the causes of the 2008 financial crisis; the constitution of financial uncertainties during the Greek sovereign debt crisis; and the correlation and network structure of international financial markets in times of crisis.