HomeGroupsTalkZeitgeist
Hide this

Results from Google Books

Click on a thumbnail to go to Google Books.

Crash and Beyond: Causes and Consequences of…
Loading...

Crash and Beyond: Causes and Consequences of the Global Financial Crisis

by Andrew Farlow

MembersReviewsPopularityAverage ratingConversations
2None2,551,640NoneNone

None.

None
Loading...

Sign up for LibraryThing to find out whether you'll like this book.

No current Talk conversations about this book.

No reviews
no reviews | add a review
You must log in to edit Common Knowledge data.
For more help see the Common Knowledge help page.
Series (with order)
Canonical title
Original title
Alternative titles
Original publication date
People/Characters
Important places
Important events
Related movies
Awards and honors
Epigraph
Dedication
First words
Quotations
Last words
Disambiguation notice
Publisher's editors
Blurbers
Publisher series
Original language

References to this work on external resources.

Wikipedia in English

None

Book description
Haiku summary

Amazon.com Product Description (ISBN 019957801X, Hardcover)

In 2008 the world was plunged into financial and economic crisis. This book explores the multiple roots of the crisis, including the build-up of global economic imbalances, the explosion in the use of novel financial instruments, the mismanagement of risk, and the specific roles played by housing and debt. It reviews the evidence that, on the eve of the crisis, all was not well and that many policy makers and finance industry leaders ignored the dangers.

The book examines in depth the measures taken to rescue the financial system and to stabilize the global economy. It strives to be fair in judgment, bearing in mind what policy makers knew at the time and the fast-changing nature of the problems they faced. It pays particular attention to the short-term impacts and longer-term consequences of the measures taken, and investigates why some approaches were favored over others, who will ultimately bear the costs, what political constraints shaped outcomes, and to what degree new risks were created and problems only delayed. The book describes the many difficulties that lie ahead when rescue measures--such as quantitative easing, large government deficits, and bank rescue schemes--are unwound. It explores the continuing challenges of achieving a more balanced global economy, the often painful balance-sheet adjustments that will need to be made in both the private and the public sectors, the options for financial reform, and the hazards that financial bubbles will continue to pose.

The book's arguments take on added authority given that the author had identified, and called attention to, key features of the crisis before it unfolded. It is a very timely analysis of how policy makers arrived where they are now and of the many hurdles that still lie ahead. It provides a lively and accessible account that will appeal to a wide audience and contribute to an informed public debate about the lessons to be learnt and about future policy options.

(retrieved from Amazon Thu, 12 Mar 2015 18:21:31 -0400)

Explores the multiple roots of the crisis, including the build-up of global economic imbalances, the explosion in the use of novel financial instruments, the mismanagement of risk, and the specific roles played by housing and debt.

Quick Links

Swap Ebooks Audio
1 wanted

Popular covers

Rating

Average: No ratings.

Is this you?

Become a LibraryThing Author.

 

You are using the new servers! | About | Privacy/Terms | Help/FAQs | Blog | Store | APIs | TinyCat | Legacy Libraries | Early Reviewers | Common Knowledge | 116,933,886 books! | Top bar: Always visible