Examines an important historic event -- the modern global financial crisis. Easy-to-read, compelling text explores the impact of the failing housing market and the credit crisis in the United States, the US government bailouts of banks, automakers, and other businesses, issues around financial regulation and the US Federal Reserve, the spread of financial problems to Europe, Japan, and China, and the effects of this event on society.
|Statement||by Holly Dolezalek|
|Series||Essential events, Essential events|
|LC Classifications||HB3722 .D65 2012|
|The Physical Object|
|Pagination||112 p. :|
|Number of Pages||112|
|LC Control Number||2011009545|
This book is motivated by the simple hope that the cloud of the global financial crisis may yet have a silver lining—that political leaders, economists, and management scholars might seize this opportunity to reflect critically on the assumptions, practices, and infrastructures that have precipitated the crisis and to imagine and create new forms of organization that sustainably . The book After ’ Social Policy and the Global Financial Crisis, Edited by Stephen McBride, Rianne Mahon, and Gerard W. Boychuk is published by University of British Columbia Press. 'India and the Global Financial Crisis' offers a collection of essays based on the speeches delivered by Reddy during his tenure as Governor of the Reserve Bank of India between September and September , a period of rapid growth for the Indian economy as well as extraordinary challenges for the conduct of monetary policy/5. This is a unique insider account of the new world of unfettered finance. The author, an Asian regulator, examines how old mindsets, market fundamentalism, loose monetary policy, carry trade, lax supervision, greed, cronyism, and financial engineering caused both the Asian crisis of the late s and the global crisis of â€“9. This book shows how the Japanese zero Cited by:
In the first decade of the twenty-first century, the biggest event of worldwide proportion was the global financial crisis, which was caused primarily by ineffective governance, failed surveillance systems, and implementation flaws. While . The book assesses the triggers of the crisis and evaluates rescue packages and policy responses as well as suggesting reform of regulatory and supervisory frameworks to maintain banking and modern financial systems in the by: 8. Regionalizing Global Crises The Financial Crisis and New Frontiers in Regional Governance. Editors: Haastrup, T., Eun, Y. (Eds.) Free Preview. Buy this book eB99 € price for Spain (gross) Buy eBook ISBN ; Digitally watermarked, DRM-free. The Global Financial Crisis and millions of other books are available for Amazon Kindle. Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device : Hardcover.
The financial crisis was primarily caused by deregulation in the financial industry. That permitted banks to engage in hedge fund trading with derivatives. Banks then demanded more mortgages to support the profitable sale of these derivatives. They created interest-only loans that became affordable to subprime borrowers. ‘The major contribution of Jang-Sup Shin's book is that it provides a clear and consistent analytically coherent explanation of the Korean economy's performance from the Asian crisis of to the Global Financial crisis of More importantly, it builds on this analysis to provide a prognosis and policy recommendation for Korea in. This book requires full reader's attention and is not an easy read. Author is very knowledgeable on the topic, he did very good research and in eloquent way presented facts related to financial crisis. The strength of this book lies in its global approach to the problem, not focusing only on the US (likely because autor is a Brit)/5(). ‘ The global financial crisis points up the need for new thinking on financial market volatility and its real economic consequences. In this book, with its focus on emerging markets and specifically on Korea, Jang-Sup Shin provides just this. Not Cited by: 4.