0
Your cart

Your cart is empty

Books > History > History of specific subjects > Economic history

Buy Now

This Time Is Different - Eight Centuries of Financial Folly (Paperback) Loot Price: R552
Discovery Miles 5 520
You Save: R66 (11%)

This Time Is Different - Eight Centuries of Financial Folly (Paperback)

Carmen M Reinhart, Kenneth S Rogoff

 (1 rating, sign in to rate)
List price R618 Loot Price R552 Discovery Miles 5 520 You Save R66 (11%)

Bookmark and Share

Expected to ship within 12 - 19 working days

Throughout history, rich and poor countries alike have been lending, borrowing, crashing--and recovering--their way through an extraordinary range of financial crises. Each time, the experts have chimed, "this time is different"--claiming that the old rules of valuation no longer apply and that the new situation bears little similarity to past disasters. With this breakthrough study, leading economists Carmen Reinhart and Kenneth Rogoff definitively prove them wrong. Covering sixty-six countries across five continents, "This Time Is Different" presents a comprehensive look at the varieties of financial crises, and guides us through eight astonishing centuries of government defaults, banking panics, and inflationary spikes--from medieval currency debasements to today's subprime catastrophe. Carmen Reinhart and Kenneth Rogoff, leading economists whose work has been influential in the policy debate concerning the current financial crisis, provocatively argue that financial combustions are universal rites of passage for emerging and established market nations. The authors draw important lessons from history to show us how much--or how little--we have learned.

Using clear, sharp analysis and comprehensive data, Reinhart and Rogoff document that financial fallouts occur in clusters and strike with surprisingly consistent frequency, duration, and ferocity. They examine the patterns of currency crashes, high and hyperinflation, and government defaults on international and domestic debts--as well as the cycles in housing and equity prices, capital flows, unemployment, and government revenues around these crises. While countries do weather their financial storms, Reinhart and Rogoff prove that short memories make it all too easy for crises to recur.

An important book that will affect policy discussions for a long time to come, "This Time Is Different" exposes centuries of financial missteps.

General

Imprint: Princeton University Press
Country of origin: United States
Release date: August 2011
First published: September 2011
Authors: Carmen M Reinhart • Kenneth S Rogoff
Dimensions: 229 x 152 x 35mm (L x W x T)
Format: Paperback - Trade
Pages: 463
ISBN-13: 978-0-691-15264-6
Categories: Books > Business & Economics > Economics > Financial crises & disasters
Books > Humanities > History > History of specific subjects > Economic history
Books > History > History of specific subjects > Economic history
Promotions
LSN: 0-691-15264-0
Barcode: 9780691152646

Is the information for this product incomplete, wrong or inappropriate? Let us know about it.

Does this product have an incorrect or missing image? Send us a new image.

Is this product missing categories? Add more categories.

Review This Product

No reviews yet - be the first to create one!

You might also like..

Our Long Walk To Economic Freedom - Why…
Johan Fourie Paperback R380 R356 Discovery Miles 3 560
Crash And Burn - A CEO's Crazy…
Glenn Orsmond Paperback R320 R286 Discovery Miles 2 860
The BRICS In Africa - Promoting…
Funeka Y. April, Modimowabarwa Kanyane, … Paperback R295 R272 Discovery Miles 2 720
How To Fix (Unf*ck) A Country - 6 Things…
Roy Havemann Paperback R320 R286 Discovery Miles 2 860
The Super Cadres - ANC Misrule In The…
Pieter du Toit Paperback R340 R304 Discovery Miles 3 040
Harry Oppenheimer - Diamonds, Gold And…
Michael Cardo Paperback R360 R321 Discovery Miles 3 210
Koos Bekker's Billions
T J Strydom Paperback R340 R314 Discovery Miles 3 140
Money - A Story Of Humanity
David McWilliams Paperback R330 R295 Discovery Miles 2 950
The Eagle And The Springbok - Essays On…
Adekeye Adebajo Paperback R330 R305 Discovery Miles 3 050
China in World History
Paul Ropp Hardcover R4,267 Discovery Miles 42 670
Creature from Jekyll Island
Edward G Griffin Paperback R1,379 Discovery Miles 13 790
The City - A World History
Andrew Lees Hardcover R2,479 Discovery Miles 24 790

See more

Partners