|
Books > Business & Economics > Economics > International economics > International trade
|
Buy Now
Finance at the Threshold - Rethinking the Real and Financial Economies (Hardcover)
Loot Price: R4,086
Discovery Miles 40 860
|
|
|
Finance at the Threshold - Rethinking the Real and Financial Economies (Hardcover)
Series: Transformation and Innovation
Expected to ship within 12 - 17 working days
|
Every banking crisis, whatever its particular circumstances, has
two features in common with every previous one. Each has been
preceded by a period of excessive monetary ease, and by ill thought
out regulatory changes. For many the recent hiatus in inter-bank
lending has been seen as a blip - enormous in size and global in
scope, but, nonetheless, a blip. Finance at the Threshold offers a
unique perspective from an English economic and monetary historian.
In it the author asks: Why did the banks stop lending to one
another, and why now? Was it merely a matter of over-loose credit
due to the relaxation of traditional prudence, or did global
finance find itself at its limits? Have government bail-outs saved
the day or merely postponed the problem? Christopher Houghton Budd
offers a radical view of the global financial crisis, spanning a
wide gamut of current thinking. He argues that we need, above all,
to overcome the left-right divide so much taken for granted today,
and promote financial literacy to young people. His contribution to
the Transformation and Innovation Series claims that global finance
has brought us to the limits of what mechanistic economic
explanations can capture. New ideas and above all new instruments
are needed so that innovation can shift from its dexterous
exploitation of inefficiencies and turn its attention instead to
fresh initiative. Finance at the Threshold is essential reading for
academics and practitioners concerned with financial and economic
policy and needing to develop a sense of the history thus
understanding the forward prospects for global finance.
General
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..
|
Email address subscribed successfully.
A activation email has been sent to you.
Please click the link in that email to activate your subscription.
Welcome to Loot.co.za!
Sign in / Register |Wishlists & Gift Vouchers |Help | Advanced search
